VPRPLIndustrials

Vishnu Prakash R Punglia Limited

Civil Construction · ISIN INE0AE001013 · BSE 543974 · NSE EQ · FV ₹10
Last price
₹33
+4.91%today
What this company does

Vishnu Prakash R Punglia Limited operates in Civil Construction, part of the Industrials sector. It booked ₹138 cr of revenue in its latest quarter (Q1 FY27) and kept -28.5% of sales as profit.

In the report:
26out of 100
Equitytale Health Score
Fragile

Healthier than 26% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 60–290 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)
50

At close. Not part of the score.

Profitability & returns2

How much profit it earns on the money it employs

Balance sheet12

How much it owes, and whether earnings cover the interest

Cash quality19

Whether reported profit actually arrives as cash

Valuation91

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

Governance & risk27

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

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
Some things to watch
Strengths
Watch-outs
! Currently loss-making
! Thin -28.5% net margin
! Sales down 50% vs last year
! 95.3% of promoter stake pledged
! Low -25.0% return on equity
! Carries high debt (D/E 1.0)

What if I invest in VPRPL?

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 We do not publish price targets or predict returns.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
₹33 +4.91%
latest close · 2026-09-17
52-wk low ₹2642 sessions so far52-wk high ₹43
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/B ratio0.66Below book
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-25.0%Loss
WeakFairStrong ▸15%
Return on capital-21.7%Loss
WeakFairStrong
Net margin-28.5%Loss
ThinDecentStrong
EBITDA margin-23.5%Loss
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.03High
LowModerateHigh ▸1
Interest cover-2.9×Risky
RiskyOkayStrong ▸5×
Current ratio1.34Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹416 cr
Book value
₹51
EPS
₹-3.15
latest quarter
Net debt
₹649 cr
owes more than its cash
Enterprise value
₹1,064 cr
EBITDA
₹-130 cr
annualised
EBIT
₹-152 cr
annualised
Operating margin
-27.5%
Return on assets
-8.4%
Earnings yield
P/S
0.75
Sales / share
₹44.2
Tax rate
Face value
₹10
Shares
12.5 cr
Working capital
₹404 cr
Current assets
₹1,586 cr
Current liabilities
₹1,182 cr
Delivery %
49.3%
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 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.
Models span ₹73₹91, midpoint ₹82

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₹138 cr
Other Income₹2 cr
Total Income₹139 cr
Cost of Materials₹24 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹26 cr
Employee Benefit Expense₹14 cr
Finance Costs₹13 cr
Depreciation & Amortisation₹5 cr
Other Expenses₹108 cr
Total Expenses₹191 cr
Profit before Tax₹-51 cr
Tax Expense₹-12 cr
Net Profit₹-39 cr
Net margin on total income-28.2%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹49 cr26.0%
Employee benefit expense₹14 cr7.4%
Finance costs₹13 cr7.0%
Depreciation & amortisation₹5 cr2.9%
Other expenses₹108 cr56.8%
Total income ₹139 cr

The company made a net loss of ₹39 cr this quarter — income covered only 73 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue177 cr102 cr138 cr
Total income181 cr105 cr139 cr
Expenses211 cr256 cr191 cr
Profit before tax-39 cr-152 cr-51 cr
Tax-9 cr-21 cr-12 cr
Net profit (owners' share)-30 cr-131 cr-39 cr
Net margin (owners' share, on revenue)-16.9%-128.7%-28.5%
EPS (₹)-2.41-10.49-3.15
YoY (latest quarter): total income -49.8% · net profit
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹1,880 cr
Shareholder equity
₹630 cr
parent shareholders
Total debt
₹650 cr
Cash
₹81.6 L
Cash flow · H1 FY26
Operating
₹24 cr
Investing
₹-2 cr
Financing
₹-26 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,836₹5.28 L cr32.0
Rail Vikas Nigam Limited₹202₹42,055 cr66.3
Kalpataru Projects International Limited₹1,399₹23,900 cr19.3
IRB Infrastructure Developers Limited₹19₹22,767 cr18.9
NBCC (India) Limited₹82₹22,175 cr36.0
Cemindia Projects Limited₹1,255₹21,563 cr38.3
Engineers India Limited₹264₹14,824 cr23.5
Techno Electric & Engineering Company Limited₹985₹11,452 cr30.7
KEC International Limited₹402₹10,700 cr36.8
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
95.3% pledged
Promoter
38.0%
FII / Foreign
0.0%
DII / Domestic
4.1%
Retail / others
57.9%
Promoter stake down 29.8% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtVijay Punglia · Promoter Group3.50 L · ₹1.2 cr27 Aug 26
BoughtPushpa Devi Pungalia · Promoter Group23.00 L · ₹7.7 cr24 Aug 26
BoughtAjay Pungalia · Promoter and Director1.75 L · ₹58.7 L24 Aug 26
Bulk / block deals
SoldSIDHPUR COMMODITIES PRIVATE LIMITED · NSE12.24 L @ ₹26.6810 Jun 26
SoldBIKEWIN TRADING PRIVATE LIMITED · NSE16.02 L @ ₹26.6710 Jun 26
BoughtQE SECURITIES LLP · NSE7.11 L @ ₹42.9311 Mar 26
Stake changes
BoughtVishnu Prakash Punglia · promoter→ 2.14% · 25.53 L21 Aug 26
BoughtVishnu Prakash Punglia · promoter→ 5.74%21 Aug 26
SoldVijay Punglia · promoter→ 3.06% · 7.00 L13 Aug 26
Promoter pledges
ReleasedNIDHI CASTINGS AND ALLOYS PRIVATE LIMITED1.75 L · 5.20% held24 Aug 26
ReleasedNIDHI CASTINGS AND ALLOYS PRIVATE LIMITED23.00 L · 1.93% held24 Aug 26
ReleasedSidhpur Commodities Private Ltd25.53 L · 5.74% held21 Aug 26
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 · 29 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
54.63 L votes for, 160 against · 0% of mutual funds and other big investors said no
2
To appoint a director in place of Mr. Manohar Lal Punglia (02161961), who retires by rotation and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
54.63 L votes for, 160 against · 0% of mutual funds and other big investors said no
3
To appoint a director in place of Mr. Kamal Kishor Pungalia (DIN: 02168426), who retires by rotation and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
54.30 L votes for, 33,381 against · 1% of mutual funds and other big investors said no
4
To ratify the remuneration payable to Cost Auditors of the Company for the financial year ending March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
54.63 L votes for, 460 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 — 69 named members
owning 38.0% between them · as of 2026-06-30
Manohar Lal Punglia6.59%
Vishnu Prakash Punglia5.83%
Ajay Pungaliya5.34%
Kamal Kishor Pungalia4.53%
Sanjay Kumar Punglia4.29%
Vijay Punglia3.62%
Anil Punglia2.06%
Pushpa Devi Pungalia2.03%

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.

₹309 cr raised in Sep 2023 by selling shares to the public

As of Mar 2025, the company says it has spent 94% of what it set aside, leaving ₹18 cr still to be spent. Crisil Ratings Limited watches the spending on the exchange’s behalf.

Funding capital expenditure requirements for the purchase of equipment/ machineries (as mentioned in the offer document)
now filed as: Funding capital expenditure requirements for the purchase of equipment/ machineries (Post Shareholders approval)
71%
₹44 cr of ₹62 cr
Funding capital expenditure requirements for the purchase of equipment/ machineries (as mentioned in the offer document)
now filed as: Funding capital expenditure requirements for the purchase of equipment/ machineries (As approved by shareholders which are not mentioned in offer document)
originally ₹0 cr
budget changed
100%
₹14 cr of ₹14 cr
Funding capital expenditure requirements for the purchase of equipment/ machineries (as mentioned in the offer document)
now filed as: Repayment of term loans against the existing capital assets
originally ₹0 cr
budget changed
100%
₹4 cr of ₹4 cr
Funding the working capital requirements of Company
100%
₹150 cr of ₹150 cr
General Corporate Purposes (GCP)
100%
₹67 cr of ₹67 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.