VIESL

Vision Infra Equipment Solutions Limited

Listed company · ISIN INE0TR001017 · NSE SM · FV ₹10
Last price
₹365
0.00%today
What this company does

Vision Infra Equipment Solutions Limited is a listed company. It booked ₹249 cr of revenue in its latest half year (H2 FY25) and kept 7.8% of sales as profit.

55out of 100
Equitytale Health Score
Mixed

Healthier than 55% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,334–2,885 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)
49

At close. Not part of the score.

Profitability & returns75

How much profit it earns on the money it employs

Balance sheet18

How much it owes, and whether earnings cover the interest

Cash quality60

Whether reported profit actually arrives as cash

Valuation39

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

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Promoters hold 68%
✓ No promoter shares pledged
✓ Strong 28% return on equity
Watch-outs
! Thin 7.8% net margin
! Carries high debt (D/E 2.0)

What if I invest in VIESL?

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 We do not publish price targets or predict returns.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 half year + price
₹365▲ 0.00%
latest close · 2026-10-01
52-wk low ₹28552 sessions so far52-wk high ₹418
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 ratio19.9Average
LowAverageHigh
P/B ratio6.42High
Below bookModerateHigh
EV / EBITDA14.2Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity27.9%Strong
WeakFairStrong ▸15%
Return on capital23.7%Strong
WeakFairStrong
Net margin7.8%Decent
ThinDecentStrong
EBITDA margin16.6%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.99High
LowModerateHigh ▸1
Interest cover2.9×Okay
RiskyOkayStrong ▸5×
Current ratio1.37Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹899 cr
Book value
₹57
EPS
₹9.16
latest half year
Net debt
₹271 cr
owes more than its cash
Enterprise value
₹1,170 cr
EBITDA
₹83 cr
annualised
EBIT
₹83 cr
annualised
Operating margin
16.6%
Return on assets
7.5%
Earnings yield
5.02%
P/S
1.80
Sales / share
₹202.4
Tax rate
28.5%
Face value
₹10
Shares
2.5 cr
Working capital
₹63 cr
Current assets
₹234 cr
Current liabilities
₹171 cr
Delivery %
78.8%
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 half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹115–₹115, midpoint ₹115

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 · H2 FY25 (consolidated)
Revenue from Operations₹249 cr
Other Income₹6 cr
Total Income₹255 cr
Cost of Materials₹13 cr
Purchases of Stock-in-Trade₹107 cr
Inventory Change (±)₹-9 cr
Employee Benefit Expense₹9 cr
Finance Costs₹14 cr
Other Expenses₹63 cr
Total Expenses₹228 cr
Profit before Tax₹27 cr
Tax Expense₹8 cr
Net Profit₹20 cr
Net margin on total income7.7%
Where the money goes · H2 FY25
% of total income
Materials + stock-in-trade₹111 cr43.3%
Employee benefit expense₹9 cr3.5%
Finance costs₹14 cr5.5%
Other expenses₹94 cr37.0%
Tax expense₹8 cr3.0%
Profit for the period₹20 cr7.7%
Total income ₹255 cradds up to ₹100 ✓
Balance sheet & cash flow · as of Mar 2025
High debt
Total assets
₹520 cr
Shareholder equity
₹140 cr
parent shareholders
Total debt
₹279 cr
Cash
₹8 cr
Who owns it · 2026-09-23
No pledge
Promoter
68.3%
FII / Foreign
0.6%
DII / Domestic
2.9%
Retail / others
28.2%
Promoter stake down 1.9% over the last 5 quarters.
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 · 21 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended on 31 March 2026 including Balance Sheet as at 31 March 2026, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and the Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
76,800 votes for, 0 against
2
To appoint a director in place of Mr. Sameer Sanjay Gandhi (DIN: 09857166), Whole-time Director of the Company, whose office is liable to retire by rotation at this Annual General Meeting and, being eligible, offers himself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
76,800 votes for, 0 against
3
To approve Material Related Party Transactions for the Financial Year 2026-27:
Promoters had a personal stake in this
Backed by 98% of shareholders other than promotersneeded 50%
76,000 votes for, 1,600 against
4
To appoint Secretarial Auditors of the Company
Backed by 100% of shareholders other than promotersneeded 50%
76,800 votes for, 0 against

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 — 32 named members
owning 68.3% between them · as of 2026-09-23
Sachin Vinod Gandhi22.56%
Chetan Vinod Gandhi22.53%
Sameer Sanjay Gandhi22.52%
Chetna Sachine Gandhi0.17%
Pranjali Chetan Gandhi0.17%
Sanjay Sobhachand Gandhi0.17%
Vinod Sobhachand Gandhi0.17%
Aaradhya Sachin Gandhino shares
Business done with them
FY2025 · 11 of the group
The company paid ₹77 cr to companies in the promoter group last year — about 17.4% of its ₹443 cr revenue and received ₹97 cr back from them.
Equipment HUB FZC
Sold goods to them · Sales of goods, fixed assets, loans & advances (given)
₹96 cr
company received
Sachin Vinod Gandhi
Advances Taken During Year · Remuneration, Loans & Advance Received (Liability), Loans & Advance Repaid (Liability)
also owns 22.56% of the company
₹23 cr
company received
Chetan Vinod Gandhi
Advances Taken During Year · Remuneration, Loans & Advance Received (Liability), Loans & Advance Repaid (Liability)
also owns 22.53% of the company
₹20 cr
company received
Equipment HUB
Other payments to them · Loan & Advances Repaid (Assets), Purchases of services
₹19 cr
company paid
Canrod India Private Limited
Bought goods from them · Purchase of goods, services, Sales
₹18 cr
company paid
Sachin Vinod Gandhi
Other payments to them · Remuneration, Loans & Advance Received (Liability), Loans & Advance Repaid (Liability)
also owns 22.56% of the company
₹12 cr
company paid
Global Infra Equipment
Bought goods from them · Purchase of goods, services
₹10 cr
company paid
Sameer Sanjay Gandhi
Advances Taken During Year · Remuneration, Loans & Advance Received (Liability), Loans & Advance Repaid (Liability)
also owns 22.52% of the company
₹9 cr
company received
Chetan Vinod Gandhi
Other payments to them · Remuneration, Loans & Advance Received (Liability), Loans & Advance Repaid (Liability)
also owns 22.53% of the company
₹6 cr
company paid
Sameer Sanjay Gandhi
Other payments to them · Remuneration, Loans & Advance Received (Liability), Loans & Advance Repaid (Liability)
also owns 22.52% of the company
₹5 cr
company paid
Equipment HUB
Paid them for services · Loan & Advances Repaid (Assets), Purchases of services
₹2 cr
company paid
Equipment HUB FZC
Sales Of Tangible Assets · Sales of goods, fixed assets, loans & advances (given)
₹2 cr
company received
Canrod India Private Limited
Paid them for services · Purchase of goods, services, Sales
₹2 cr
company paid
Global Infra Equipment
Paid them for services · Purchase of goods, services
₹2 cr
company paid
Canrod India Private Limited
Sold goods to them · Purchase of goods, services, Sales
₹69.7 L
company received
Vision Infra Projects
Other payments to them · Loans & Advances Repaid (Liability)
₹36.3 L
company paid
Pranjali Chetan Gandhi
Other payments to them · Loans & Advance Repaid (Assets)
also owns 0.17% of the company
₹3.9 L
company paid
Equipment HUB FZC
Advances Given During Year · Sales of goods, fixed assets, loans & advances (given)
₹2 L
company received
Sanjay Sobhachand Gandhi
Other payments to them · Loans & Advance Repaid (Assets)
also owns 0.17% of the company
₹1.1 L
company paid
Vision Infra Services
Other payments to them · Loans & Advances Repaid (Liability)
₹0.79 L
company paid

The company also transacted with 4 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹34 cr raised in Jan 2026 by preferential issue (25% of the consideration of total warrants)

As of Mar 2026, the company says it has spent 25% of what it set aside. CARE Ratings Limited watches the spending on the exchange’s behalf.

Expansion of Business (Purchase of Plant and Machinery)
17%
of what was set aside
Working Capital requirements of Company, meeting various operational expenditure of the Company.
78%
of what was set aside
General corporate purpose
3%
of what was set aside
Issue-related expenses
0%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

₹106 cr raised in Sep 2024 by selling shares to the public

As of Mar 2025, the company says it has spent 100% of what it set aside. CARE Ratings Limited watches the spending on the exchange’s behalf.

Funding Capital Expenditure towards purchase of additional equipment
100%
₹47 cr of ₹47 cr
Funding to meet working capital requirements
100%
₹37 cr of ₹37 cr
General Corporate Purpose
100%
₹14 cr of ₹14 cr
Issue related expenses
100%
₹9 cr of ₹9 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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