VASCONEQConsumer Discretionary

Vascon Engineers Limited

Residential, Commercial Projects · ISIN INE893I01013 · BSE 533156 · NSE EQ · FV ₹10
Last price
₹31
+3.18%today
What this company does

Vascon Engineers Limited operates in Residential, Commercial Projects, part of the Consumer Discretionary sector. It booked ₹152 cr of revenue in its latest quarter (Q1 FY27) and kept 1.3% of sales as profit.

In the report:
38out of 100
Equitytale Health Score
Strained

Healthier than 38% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
48

At close. Not part of the score.

Profitability & returns22

How much profit it earns on the money it employs

Balance sheet46

How much it owes, and whether earnings cover the interest

Cash quality23

Whether reported profit actually arrives as cash

Growth & consistency36

Whether sales and profit have grown, and how steadily

Valuation39

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
No promoter shares pledged
Watch-outs
! Thin 1.3% net margin
! Sales down 31% vs last year
! Profit down 91% vs last year
! Low 0.7% return on equity
! Operating cash flow is negative

What if I invest in VASCONEQ?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹31 +3.18%
latest close · 2026-09-17
1-year return
+17.6%
52-wk low ₹1852-wk high ₹37
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio84.8High
LowAverageHigh
P/B ratio0.62Below book
Below bookModerateHigh
EV / EBITDA24.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity0.7%Weak
WeakFairStrong ▸15%
Return on capital2.6%Weak
WeakFairStrong
Net margin1.3%Thin
ThinDecentStrong
EBITDA margin6.4%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.26Comfortable
LowModerateHigh ▸1
Interest cover1.4×Risky
RiskyOkayStrong ▸5×
Current ratio1.95Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹707 cr
Book value
₹50
EPS
₹0.09
latest quarter
Net debt
₹243 cr
owes more than its cash
Enterprise value
₹949 cr
EBITDA
₹39 cr
annualised
EBIT
₹34 cr
annualised
Operating margin
5.6%
Return on assets
0.3%
Earnings yield
1.18%
P/S
1.16
Sales / share
₹26.2
Tax rate
18.8%
Face value
₹10
Shares
23.2 cr
Working capital
₹981 cr
Current assets
₹2,012 cr
Current liabilities
₹1,031 cr
Delivery %
64.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
It earns about 7% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹18₹59, midpoint ₹39

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹152 cr
Other Income₹5 cr
Total Income₹157 cr
Cost of Materials₹153 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-24 cr
Employee Benefit Expense₹8 cr
Finance Costs₹6 cr
Depreciation & Amortisation₹1 cr
Other Expenses₹11 cr
Total Expenses₹154 cr
Profit before Tax₹2 cr
Tax Expense₹46 L
Share of JV / Associates₹2 L
Net Profit₹2 cr
Net margin on total income1.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹128 cr81.7%
Employee benefit expense₹8 cr4.9%
Finance costs₹6 cr3.9%
Depreciation & amortisation₹1 cr0.8%
Other expenses₹11 cr7.1%
Tax expense₹46 L0.3%
Profit for the period₹2 cr1.3%
Total income ₹157 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue249 cr253 cr152 cr
Total income254 cr259 cr157 cr
Expenses244 cr246 cr154 cr
Profit before tax10 cr13 cr2 cr
Tax82 L7 cr46 L
Net profit (owners' share)9 cr6 cr2 cr
Net margin (owners' share, on revenue)3.7%2.3%1.3%
EPS (₹)0.410.250.09
YoY (latest quarter): total income -35.2% · net profit -91.1%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,361 cr
Shareholder equity
₹1,149 cr
parent shareholders
Total debt
₹299 cr
Cash
₹56 cr
Cash flow · H1 FY26
Operating
₹-73 cr
Investing
₹-24 cr
Financing
₹43 cr
Peer comparison
Residential, Commercial Projects · by market value
CompanyPriceMarket capP/E
DLF Limited₹640₹1.58 L cr49.8
Lodha Developers Limited₹1,103₹1.10 L cr20.1
The Phoenix Mills Limited₹1,872₹66,957 cr56.4
Oberoi Realty Limited₹1,741₹63,292 cr29.1
Prestige Estates Projects Limited₹1,440₹62,025 cr65.7
Godrej Properties Limited₹1,678₹50,551 cr36.1
Anant Raj Limited₹597₹21,482 cr35.9
Brigade Enterprises Limited₹621₹20,251 cr25.3
Horizon Industrial Parks Limited₹52₹12,779 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.25
ex 21 Aug 2023
ActionDetailEx-date
Dividend₹0.25 / share21 Aug 2023
Rights issue19:1423 Jun 2015
Who owns it · 2026-06-30
No pledge
Promoter
30.4%
FII / Foreign
0.3%
DII / Domestic
Retail / others
69.3%
Promoter stake down 1.8% over the last 12 quarters.
Smart-money activity
Insider trades
SoldJai Kumar Gupta · -30,899 · ₹8.5 L30 Mar 26
SoldLalitkumar Manoharlal Panpalia · -72,778 · ₹20.6 L30 Mar 26
SoldNavin Hari Singh Thakur · -60,000 · ₹16.2 L30 Mar 26
Bulk / block deals
SoldNAVRATRI SHARE TRADING PRIVATE LIMITED . · NSE16.00 L @ ₹42.353 Feb 26
SoldHRTI PRIVATE LIMITED · NSE12.14 L @ ₹72.5610 Oct 25
BoughtHRTI PRIVATE LIMITED · NSE11.18 L @ ₹72.1610 Oct 25
Stake changes
SoldSBICAP Trustee Company ltd→ 0.00% · 1.95 cr28 Nov 25
SoldBlue Daimond Properties P Ltd→ 4.63% · 16.65 L29 Sep 25
SoldBlue Daimond Properties P Ltd→ 4.63% · 16.65 L29 Sep 25
Promoter pledges
ReleasedVascon Engineers Ltd1.95 cr · 8.62% held11 Nov 25
PledgedSBICAP Trustee Company Ltd33.86 L · 7.40% held23 Mar 22
PledgedSBICAP Trustee Company Limited1.61 cr · 0.00% held13 Jun 17
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 7 Aug 2026
See the official result
1
To consider and adopt (a) the audited financial statements of the Company for the financial year ended March 31, 2026, the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statements of the Company for the financial year ended March 31, 2026 and the report of Auditors’ thereon
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
1.75 cr votes for, 1,691 against · 0% of mutual funds and other big investors said no
2
Re-appointment of Dr. Santosh Sundararajan (DIN: 00015229) as a Director, liable to retire by rotation
Backed by 100% of shareholders other than promotersneeded 50%
1.75 cr votes for, 22,786 against · 0% of mutual funds and other big investors said no
3
Ratification of the remuneration of Cost Auditors for the financial year ending 31st March, 2027
Backed by 100% of shareholders other than promotersneeded 50%
1.76 cr votes for, 12,091 against · 0% of mutual funds and other big investors said no
4
Re-appointment of Mr. Sankaramahalingam Balasubramanian (DIN: 06622735) as Non-Executive Independent Director
Backed by 100% of shareholders other than promotersneeded 75%
1.76 cr votes for, 12,091 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 30.4% between them · as of 2026-06-30
VASUDEVAN RAMAMOORTHY13.99%
VASUDEVAN RAMAMOORTHY8.63%
VATSALYA ENTRPRISES PRIVATE LIMITED4.14%
SIDDHARTH VASUDEVAN MOORTHY1.97%
LALITHA VASUDEVAN0.96%
RAMYA SIDDHARTH MOORTHY0.38%
SOWMYA ADITYA IYER0.30%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.