Vascon Engineers Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 26, 2025, 3:44 am

Market Cap	845 Cr.
Current Price	37.3
High / Low	83.9/36.0
Stock P/E	17.6
Book Value	44.4
Dividend Yield	0.67 %
ROCE	8.27 %
ROE	7.00 %
Face Value	10.0
PEG Ratio	0.40

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Vascon Engineers Ltd

Competitors of Vascon Engineers Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Modulex Construction Technologies Ltd	156 Cr.	22.6	35.7/7.72	27.8	42.6	0.00 %	1.85 %	2.57 %	10.0
MPDL Ltd	36.9 Cr.	49.8	92.7/31.4		136	0.00 %	3.39 %	6.29 %	10.0
IITL Projects Ltd	30.0 Cr.	60.0	78.1/34.4	998	70.7	0.00 %	%	%	10.0
HB Estate Developers Ltd	191 Cr.	98.0	125/60.0	17.8	80.1	0.00 %	7.00 %	2.39 %	10.0
Hazoor Multi Projects Ltd	866 Cr.	41.6	63.9/28.4	11.2	18.5	0.72 %	%	%	1.00
Industry Average	14,461.64 Cr	233.28		53.16	127.00	0.17%	22.71%	27.16%	21.48

All Competitor Stocks of Vascon Engineers Ltd

Quarterly Result

Metric	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Sales	189	112	153	171	218	201	217	254	327	204	217	280	335
Expenses	181	113	148	177	200	185	206	233	278	190	207	254	318
Operating Profit	9	-1	5	-6	18	16	11	21	49	15	10	27	18
OPM %	5%	-1%	3%	-4%	8%	8%	5%	8%	15%	7%	5%	9%	5%
Other Income	2	3	8	43	5	2	18	2	8	4	18	2	15
Interest	5	6	6	5	6	4	3	2	3	3	4	5	4
Depreciation	3	2	3	3	3	2	3	3	3	3	4	4	4
Profit before tax	2	-7	4	29	14	12	23	17	52	12	21	20	24
Tax %	-17%	2%	19%	0%	24%	6%	0%	6%	4%	3%	3%	7%	30%
Net Profit	3	-7	3	29	11	11	23	16	50	12	21	19	17
EPS in Rs	0.14	-0.39	0.18	1.32	0.50	0.50	1.04	0.75	2.28	0.55	0.95	0.84	0.76

Last Updated: Unknown

Below is a detailed analysis of the quarterly data for Vascon Engineers Ltd based on the most recent figures (Mar 2024) and their trends compared to the previous period:

For Sales, as of Mar 2024, the value is ₹335.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹280.00 Cr. (Dec 2023) to ₹335.00 Cr., marking an increase of ₹55.00 Cr..
For Expenses, as of Mar 2024, the value is ₹318.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹254.00 Cr. (Dec 2023) to ₹318.00 Cr., marking an increase of ₹64.00 Cr..
For Operating Profit, as of Mar 2024, the value is ₹18.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹27.00 Cr. (Dec 2023) to ₹18.00 Cr., marking a decrease of ₹9.00 Cr..
For OPM %, as of Mar 2024, the value is 5.00%. The value appears to be declining and may need further review. It has decreased from 9.00% (Dec 2023) to 5.00%, marking a decrease of 4.00%.
For Other Income, as of Mar 2024, the value is ₹15.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹2.00 Cr. (Dec 2023) to ₹15.00 Cr., marking an increase of ₹13.00 Cr..
For Interest, as of Mar 2024, the value is ₹4.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from ₹5.00 Cr. (Dec 2023) to ₹4.00 Cr., marking a decrease of ₹1.00 Cr..
For Depreciation, as of Mar 2024, the value is ₹4.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2023) which recorded ₹4.00 Cr..
For Profit before tax, as of Mar 2024, the value is ₹24.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹20.00 Cr. (Dec 2023) to ₹24.00 Cr., marking an increase of ₹4.00 Cr..
For Tax %, as of Mar 2024, the value is 30.00%. The value appears to be increasing, which may not be favorable. It has increased from 7.00% (Dec 2023) to 30.00%, marking an increase of 23.00%.
For Net Profit, as of Mar 2024, the value is ₹17.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹19.00 Cr. (Dec 2023) to ₹17.00 Cr., marking a decrease of ₹2.00 Cr..
For EPS in Rs, as of Mar 2024, the value is ₹0.76. The value appears to be declining and may need further review. It has decreased from ₹0.84 (Dec 2023) to ₹0.76, marking a decrease of ₹0.08.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 3:17 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	708	624	623	588	490	539	524	521	506	657	1,019	1,053	1,108
Expenses	680	610	717	551	496	531	516	466	519	634	902	967	1,035
Operating Profit	27	14	-94	37	-6	8	8	55	-13	23	118	86	74
OPM %	4%	2%	-15%	6%	-1%	1%	2%	11%	-3%	3%	12%	8%	7%
Other Income	23	19	11	27	58	38	36	20	12	53	11	23	38
Interest	37	44	31	40	34	26	27	20	27	25	13	17	18
Depreciation	21	19	22	15	16	14	13	15	12	11	12	14	15
Profit before tax	-7	-30	-136	8	3	5	4	40	-40	40	103	78	78
Tax %	136%	45%	6%	-16%	55%	7%	-24%	0%	1%	11%	4%	12%
Net Profit	-17	-43	-145	9	1	5	5	40	-40	36	99	68	66
EPS in Rs	-1.07	-2.80	-9.17	0.53	0.12	0.33	0.38	2.22	-2.24	1.62	4.49	3.02	2.98
Dividend Payout %	0%	-1%	0%	0%	0%	0%	0%	0%	0%	0%	6%	8%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-152.94%	-237.21%	106.21%	-88.89%	400.00%	0.00%	700.00%	-200.00%	190.00%	175.00%	-31.31%
Change in YoY Net Profit Growth (%)	0.00%	-84.27%	343.42%	-195.10%	488.89%	-400.00%	700.00%	-900.00%	390.00%	-15.00%	-206.31%

Vascon Engineers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	15%
3 Years:	28%
TTM:	14%

Compounded Profit Growth
10 Years:	13%
5 Years:	63%
3 Years:	52%
TTM:	-51%

Stock Price CAGR
10 Years:	5%
5 Years:	23%
3 Years:	15%
1 Year:	-50%

Return on Equity
10 Years:	0%
5 Years:	4%
3 Years:	6%
Last Year:	7%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:36 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	90	90	90	161	168	174	178	178	182	217	217	221	224
Reserves	623	570	428	465	467	494	512	556	517	594	694	760	780
Borrowings	304	360	334	269	274	278	253	255	215	165	142	194	233
Other Liabilities	461	455	503	457	415	376	388	366	403	514	595	687	886
Total Liabilities	1,478	1,475	1,356	1,352	1,323	1,322	1,330	1,356	1,316	1,490	1,649	1,862	2,123
Fixed Assets	205	188	189	116	130	119	114	108	99	94	117	126	78
CWIP	22	25	2	0	0	1	0	0	0	0	0	0	1
Investments	65	68	61	122	84	86	83	98	81	76	83	83	86
Other Assets	1,186	1,193	1,103	1,114	1,109	1,116	1,133	1,150	1,137	1,320	1,450	1,652	1,959
Total Assets	1,478	1,475	1,356	1,352	1,323	1,322	1,330	1,356	1,316	1,490	1,649	1,862	2,123

Below is a detailed analysis of the balance sheet data for Vascon Engineers Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹224.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹221.00 Cr. (Mar 2024) to ₹224.00 Cr., marking an increase of ₹3.00 Cr..
For Reserves, as of Sep 2024, the value is ₹780.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹760.00 Cr. (Mar 2024) to ₹780.00 Cr., marking an increase of ₹20.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹233.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹194.00 Cr. (Mar 2024) to ₹233.00 Cr., marking an increase of ₹39.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹886.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹687.00 Cr. (Mar 2024) to ₹886.00 Cr., marking an increase of ₹199.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹2,123.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹1,862.00 Cr. (Mar 2024) to ₹2,123.00 Cr., marking an increase of ₹261.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹78.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹126.00 Cr. (Mar 2024) to ₹78.00 Cr., marking a decrease of ₹48.00 Cr..
For CWIP, as of Sep 2024, the value is ₹1.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹0.00 Cr. (Mar 2024) to ₹1.00 Cr., marking an increase of ₹1.00 Cr..
For Investments, as of Sep 2024, the value is ₹86.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹83.00 Cr. (Mar 2024) to ₹86.00 Cr., marking an increase of ₹3.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,959.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,652.00 Cr. (Mar 2024) to ₹1,959.00 Cr., marking an increase of ₹307.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹2,123.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,862.00 Cr. (Mar 2024) to ₹2,123.00 Cr., marking an increase of ₹261.00 Cr..

Notably, the Reserves (₹780.00 Cr.) exceed the Borrowings (₹233.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	126	-87	78	38	28	10	56	38	70	33	104	-29
Cash from Investing Activity +	-13	-14	8	-21	-23	6	-2	-27	6	-13	-32	-8
Cash from Financing Activity +	-116	100	-63	-26	-16	-24	-26	-34	-72	-22	-44	5
Net Cash Flow	-3	-1	23	-9	-12	-8	28	-24	4	-1	28	-31

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-277.00	-346.00	-428.00	-232.00	-280.00	-270.00	-245.00	-200.00	-228.00	-142.00	-24.00	-108.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	139	154	172	150	167	139	140	127	118	90	78	92
Inventory Days	2,412		3,038	371	453	451	476	503	416	363	219	246
Days Payable	1,188		2,217	160	197	184	192	211	219	197	167	177
Cash Conversion Cycle	1,364	154	993	361	424	406	425	419	316	256	129	161
Working Capital Days	191	192	119	232	362	308	369	375	391	325	209	234
ROCE %	3%	1%	-11%	4%	4%	3%	3%	6%	-2%	2%	11%	8%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	31.99%	31.99%	31.99%	32.20%	32.20%	32.20%	32.20%	31.62%	31.62%	31.27%	31.27%	30.93%
FIIs	0.16%	0.02%	0.15%	0.40%	0.22%	0.51%	0.90%	0.11%	0.89%	0.40%	0.55%	0.54%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.11%	0.09%	0.14%	0.14%	0.37%	0.00%	0.00%
Public	67.85%	68.00%	67.86%	67.41%	67.56%	67.18%	66.80%	68.12%	67.34%	67.96%	68.19%	68.53%
No. of Shareholders	40,466	40,579	40,281	43,764	43,446	48,210	58,086	75,308	86,480	91,584	92,707	95,554

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
LIC MF Infrastructure Fund	114,750	0.56	0.98	114,750	2025-02-18	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	3.05	4.49	1.76	-2.27	2.22
Diluted EPS (Rs.)	3.05	4.49	1.76	-2.27	2.21
Cash EPS (Rs.)	3.72	5.12	2.15	-1.55	3.07
Book Value[Excl.RevalReserv]/Share (Rs.)	44.94	42.53	37.92	38.94	41.75
Book Value[Incl.RevalReserv]/Share (Rs.)	44.94	42.53	37.92	38.94	41.75
Revenue From Operations / Share (Rs.)	47.57	46.91	30.23	27.77	29.24
PBDIT / Share (Rs.)	4.87	5.89	3.48	-0.05	4.15
PBIT / Share (Rs.)	4.22	5.34	2.98	-0.71	3.31
PBT / Share (Rs.)	3.50	4.75	1.86	-2.19	2.23
Net Profit / Share (Rs.)	3.07	4.57	1.65	-2.21	2.23
NP After MI And SOA / Share (Rs.)	3.02	4.49	1.62	-2.24	2.22
PBDIT Margin (%)	10.24	12.55	11.50	-0.19	14.17
PBIT Margin (%)	8.87	11.38	9.86	-2.58	11.30
PBT Margin (%)	7.36	10.13	6.14	-7.88	7.64
Net Profit Margin (%)	6.45	9.75	5.46	-7.96	7.62
NP After MI And SOA Margin (%)	6.35	9.56	5.35	-8.07	7.59
Return on Networth / Equity (%)	6.81	10.69	4.33	-5.83	5.39
Return on Capital Employeed (%)	8.52	11.58	7.54	-1.69	6.84
Return On Assets (%)	3.59	5.91	2.36	-3.09	2.92
Long Term Debt / Equity (X)	0.08	0.06	0.02	0.06	0.13
Total Debt / Equity (X)	0.17	0.14	0.19	0.18	0.27
Asset Turnover Ratio (%)	0.59	0.64	0.34	0.27	0.28
Current Ratio (X)	1.86	1.97	1.87	1.82	2.05
Quick Ratio (X)	1.13	1.24	1.05	0.98	1.08
Dividend Payout Ratio (NP) (%)	8.12	0.00	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	6.68	0.00	0.00	0.00	0.00
Earning Retention Ratio (%)	91.88	0.00	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	93.32	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	6.77	10.01	3.09	-0.03	3.88
Interest Coverage Ratio (Post Tax) (X)	5.27	8.77	2.47	-0.50	3.09
Enterprise Value (Cr.)	1460.70	577.54	583.27	393.98	273.79
EV / Net Operating Revenue (X)	1.39	0.56	0.88	0.77	0.52
EV / EBITDA (X)	13.55	4.51	7.72	-400.92	3.71
MarketCap / Net Operating Revenue (X)	1.29	0.52	0.77	0.65	0.25
Retention Ratios (%)	91.87	0.00	0.00	0.00	0.00
Price / BV (X)	1.38	0.59	0.63	0.47	0.18
Price / Net Operating Revenue (X)	1.29	0.52	0.77	0.65	0.25
EarningsYield	0.04	0.18	0.06	-0.12	0.29

After reviewing the key financial ratios for Vascon Engineers Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 3.05. This value is below the healthy minimum of 5. It has decreased from 4.49 (Mar 23) to 3.05, marking a decrease of 1.44.
For Diluted EPS (Rs.), as of Mar 24, the value is 3.05. This value is below the healthy minimum of 5. It has decreased from 4.49 (Mar 23) to 3.05, marking a decrease of 1.44.
For Cash EPS (Rs.), as of Mar 24, the value is 3.72. This value is within the healthy range. It has decreased from 5.12 (Mar 23) to 3.72, marking a decrease of 1.40.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 44.94. It has increased from 42.53 (Mar 23) to 44.94, marking an increase of 2.41.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 44.94. It has increased from 42.53 (Mar 23) to 44.94, marking an increase of 2.41.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 47.57. It has increased from 46.91 (Mar 23) to 47.57, marking an increase of 0.66.
For PBDIT / Share (Rs.), as of Mar 24, the value is 4.87. This value is within the healthy range. It has decreased from 5.89 (Mar 23) to 4.87, marking a decrease of 1.02.
For PBIT / Share (Rs.), as of Mar 24, the value is 4.22. This value is within the healthy range. It has decreased from 5.34 (Mar 23) to 4.22, marking a decrease of 1.12.
For PBT / Share (Rs.), as of Mar 24, the value is 3.50. This value is within the healthy range. It has decreased from 4.75 (Mar 23) to 3.50, marking a decrease of 1.25.
For Net Profit / Share (Rs.), as of Mar 24, the value is 3.07. This value is within the healthy range. It has decreased from 4.57 (Mar 23) to 3.07, marking a decrease of 1.50.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 3.02. This value is within the healthy range. It has decreased from 4.49 (Mar 23) to 3.02, marking a decrease of 1.47.
For PBDIT Margin (%), as of Mar 24, the value is 10.24. This value is within the healthy range. It has decreased from 12.55 (Mar 23) to 10.24, marking a decrease of 2.31.
For PBIT Margin (%), as of Mar 24, the value is 8.87. This value is below the healthy minimum of 10. It has decreased from 11.38 (Mar 23) to 8.87, marking a decrease of 2.51.
For PBT Margin (%), as of Mar 24, the value is 7.36. This value is below the healthy minimum of 10. It has decreased from 10.13 (Mar 23) to 7.36, marking a decrease of 2.77.
For Net Profit Margin (%), as of Mar 24, the value is 6.45. This value is within the healthy range. It has decreased from 9.75 (Mar 23) to 6.45, marking a decrease of 3.30.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 6.35. This value is below the healthy minimum of 8. It has decreased from 9.56 (Mar 23) to 6.35, marking a decrease of 3.21.
For Return on Networth / Equity (%), as of Mar 24, the value is 6.81. This value is below the healthy minimum of 15. It has decreased from 10.69 (Mar 23) to 6.81, marking a decrease of 3.88.
For Return on Capital Employeed (%), as of Mar 24, the value is 8.52. This value is below the healthy minimum of 10. It has decreased from 11.58 (Mar 23) to 8.52, marking a decrease of 3.06.
For Return On Assets (%), as of Mar 24, the value is 3.59. This value is below the healthy minimum of 5. It has decreased from 5.91 (Mar 23) to 3.59, marking a decrease of 2.32.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.08. This value is below the healthy minimum of 0.2. It has increased from 0.06 (Mar 23) to 0.08, marking an increase of 0.02.
For Total Debt / Equity (X), as of Mar 24, the value is 0.17. This value is within the healthy range. It has increased from 0.14 (Mar 23) to 0.17, marking an increase of 0.03.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.59. It has decreased from 0.64 (Mar 23) to 0.59, marking a decrease of 0.05.
For Current Ratio (X), as of Mar 24, the value is 1.86. This value is within the healthy range. It has decreased from 1.97 (Mar 23) to 1.86, marking a decrease of 0.11.
For Quick Ratio (X), as of Mar 24, the value is 1.13. This value is within the healthy range. It has decreased from 1.24 (Mar 23) to 1.13, marking a decrease of 0.11.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 8.12. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 23) to 8.12, marking an increase of 8.12.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 6.68. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 23) to 6.68, marking an increase of 6.68.
For Earning Retention Ratio (%), as of Mar 24, the value is 91.88. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 91.88, marking an increase of 91.88.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 93.32. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 93.32, marking an increase of 93.32.
For Interest Coverage Ratio (X), as of Mar 24, the value is 6.77. This value is within the healthy range. It has decreased from 10.01 (Mar 23) to 6.77, marking a decrease of 3.24.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 5.27. This value is within the healthy range. It has decreased from 8.77 (Mar 23) to 5.27, marking a decrease of 3.50.
For Enterprise Value (Cr.), as of Mar 24, the value is 1,460.70. It has increased from 577.54 (Mar 23) to 1,460.70, marking an increase of 883.16.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.39. This value is within the healthy range. It has increased from 0.56 (Mar 23) to 1.39, marking an increase of 0.83.
For EV / EBITDA (X), as of Mar 24, the value is 13.55. This value is within the healthy range. It has increased from 4.51 (Mar 23) to 13.55, marking an increase of 9.04.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.29. This value is within the healthy range. It has increased from 0.52 (Mar 23) to 1.29, marking an increase of 0.77.
For Retention Ratios (%), as of Mar 24, the value is 91.87. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 91.87, marking an increase of 91.87.
For Price / BV (X), as of Mar 24, the value is 1.38. This value is within the healthy range. It has increased from 0.59 (Mar 23) to 1.38, marking an increase of 0.79.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.29. This value is within the healthy range. It has increased from 0.52 (Mar 23) to 1.29, marking an increase of 0.77.
For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.18 (Mar 23) to 0.04, marking a decrease of 0.14.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Vascon Engineers Ltd as of February 27, 2025 is: ₹44.05

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 27, 2025, Vascon Engineers Ltd is Undervalued by 18.10% compared to the current share price 37.30

Intrinsic Value of Vascon Engineers Ltd as of February 27, 2025 is: 63.49

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 27, 2025, Vascon Engineers Ltd is Undervalued by 70.21% compared to the current share price ₹37.30

Last 5 Year EPS CAGR: 44.13%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (573.85 cr) compared to borrowings (252.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (444.85 cr) and profit (11.23 cr) over the years.	The stock has a low average ROCE of 2.67%, which may not be favorable. The stock has a high average Working Capital Days of 275.58, which may not be favorable. The stock has a high average Cash Conversion Cycle of 337.08, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Vascon Engineers Ltd:
1. Net Profit Margin: 6.45%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 8.52% (Industry Average ROCE: 21.39%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 6.81% (Industry Average ROE: 22.83%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 5.27
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.13
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 17.6 (Industry average Stock P/E: 35.44)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.17
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Vascon Engineers Ltd. is a Public Limited Listed company incorporated on 01/01/1986 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L70100PN1986PLC175750 and registration number is 038511. Currently Company is involved in the business activities of Other specialized construction activities. Company's Total Operating Revenue is Rs. 763.40 Cr. and Equity Capital is Rs. 221.32 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Construction, Contracting & Engineering	Vascon Weikfield Chambers, Behind Hotel Novate, Pune Maharashtra 411014	compliance.officer@vascon.com http://www.vascon.com

Management
Name	Position Held
Mr. Ramamoorthy Vasudevan	Chairman Emeritus
Mr. Mukesh Satpal Malhotra	Chairman & Ind.Director
Mr. Siddharth Vasudevan Moorthy	Managing Director
Mrs. Sowmya Aditya Iyer	Non Executive Director
Mr. Sankaramahalingam Balasubramanian	Independent Director
Mr. K G Krishnamurthy	Independent Director
Dr. Santosh Sundararajan	WholeTime Director & Group CEO
Ms. Tara Subramaniam	Independent Director

FAQ

What is the latest intrinsic value of Vascon Engineers Ltd?

Let's break down Vascon Engineers Ltd's intrinsic value simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 27 February 2025:

Calculated Fair Value: ₹44.05
Current Market Price: ₹37.30
Variance: 18.10% higher

This suggests Vascon Engineers Ltd is currently undervalued by 18.10%. For context:

Market Cap: 845 Cr.
52-Week Range: 83.9/36.0
Reserves (Sep 2024): 780 Cr
Liabilities: 2,123 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of Vascon Engineers Ltd?

The Market Cap of Vascon Engineers Ltd is 845 Cr..

What is the current Stock Price of Vascon Engineers Ltd as on 27 February 2025?

The current stock price of Vascon Engineers Ltd as on 27 February 2025 is ₹37.3.

What is the High / Low of Vascon Engineers Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Vascon Engineers Ltd stocks is 83.9/36.0.

What is the Stock P/E of Vascon Engineers Ltd?

The Stock P/E of Vascon Engineers Ltd is 17.6.

What is the Book Value of Vascon Engineers Ltd?

The Book Value of Vascon Engineers Ltd is 44.4.

What is the Dividend Yield of Vascon Engineers Ltd?

The Dividend Yield of Vascon Engineers Ltd is 0.67 %.

What is the ROCE of Vascon Engineers Ltd?

The ROCE of Vascon Engineers Ltd is 8.27 %.

What is the ROE of Vascon Engineers Ltd?

The ROE of Vascon Engineers Ltd is 7.00 %.

What is the Face Value of Vascon Engineers Ltd?

The Face Value of Vascon Engineers Ltd is 10.0.