Vascon Engineers Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Vascon Engineers Ltd?

Vascon Engineers Ltd is trading at 30.50 as of 21 April 2026, with a FY2026-2027 high of 74.6 and low of 26.8. The stock is currently near its 52-week low. Market cap stands at 707 Cr..

Q: Is Vascon Engineers Ltd financially healthy?

Key indicators: ROCE of 7.76 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Vascon Engineers Ltd profitable and how is the profit trend?

Vascon Engineers Ltd reported a net profit of 130 Cr in Mar 2025 on revenue of 1,077 Cr. Compared to 36 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹24.42Overvalued by 19.93%vs CMP ₹30.50

P/E (9.2) × ROE (6.6%) × BV (₹49.30) × DY (2.00%)

₹40.98Undervalued by 34.36%vs CMP ₹30.50

MoS: +25.6% (Adequate)Confidence: 51/100 (Moderate)Models: 5 Under, 2 Fair, 1 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹28.40	25%	Fair (-6.9%)
Graham Number	Earnings	₹61.86	18%	Under (+102.8%)
Earnings Power	Earnings	₹23.73	12%	Over (-22.2%)
DCF	Cash Flow	₹59.87	12%	Under (+96.3%)
Net Asset Value	Assets	₹48.58	8%	Under (+59.3%)
EV/EBITDA	Enterprise	₹28.69	10%	Fair (-5.9%)
Earnings Yield	Earnings	₹34.50	8%	Under (+13.1%)
Revenue Multiple	Revenue	₹46.46	6%	Under (+52.3%)
Consensus (8 models)		₹40.98	100%	Undervalued

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 16.3%

*Investments are subject to market risks

Analyst Summary

Vascon Engineers Ltd operates in the Construction, Contracting & Engineering segment, current market price is ₹30.50, market cap is 707 Cr.. At a glance, stock P/E is 9.21, ROE is 6.59 %, ROCE is 7.76 %, book value is 49.3, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹40.98, which is about 34.4% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹1,077 Cr versus the prior period change of 41.0%, while latest net profit is about ₹130 Cr with a prior-period change of 91.2%. This analysis page also carries profit and loss, shareholding pattern, ratio panels, mutual fund holdings data, which improves the depth of the template beyond a thin price-only snapshot. The 52-week range shown on this page is 74.6/26.8, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisVascon 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 in…

This summary is generated from the stock page data available for Vascon Engineers Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Vascon Engineers Ltd scores 50/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health61/100 · Moderate

ROCE 7.8% WeakROE 6.6% AverageD/E 0.18 Low debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 30.8% Stable

Earnings Quality40/100 · Moderate

OPM stable around 9% SteadyWorking capital: 198 days Capital intensive

Quarterly Momentum50/100 · Moderate

Revenue (4Q): +17% YoY GrowingProfit (4Q): -31% YoY Declining

Industry Rank45/100 · Moderate

P/E 9.2 vs industry 36.6 Cheaper than peersROCE 7.8% vs industry 16.4% Below peersROE 6.6% vs industry 21.4% Below peers3Y sales CAGR: 18% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:54 am

Market Cap	707 Cr.
Current Price	30.5
Intrinsic Value	₹40.98
High / Low	74.6/26.8
Stock P/E	9.21
Book Value	49.3
Dividend Yield	0.00 %
ROCE	7.76 %
ROE	6.59 %
Face Value	10.0
PEG Ratio	0.56

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

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Vascon Engineers Ltd	707 Cr.	30.5	74.6/26.8	9.21	49.3	0.00 %	7.76 %	6.59 %	10.0
Dugar Housing Developments Ltd	704 Cr.	357	372/18.1		10.6	0.00 %	%	%	10.0
Hazoor Multi Projects Ltd	676 Cr.	25.0	51.0/22.4	25.0	17.8	1.60 %	14.1 %	11.4 %	1.00
Likhitha Infrastructure Ltd	674 Cr.	171	324/131	12.8	101	0.00 %	27.6 %	20.3 %	5.00
Consolidated Construction Consortium Ltd	631 Cr.	14.1	28.9/12.7		6.20	0.00 %	0.45 %	28.3 %	2.00
Industry Average	3,374.20 Cr	159.12		36.56	125.44	0.20%	16.37%	21.40%	21.58

All Competitor Stocks of Vascon Engineers Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	254.02	327.34	204.46	159.21	206.54	233.52	196.23	199.80	294.79	387.08	221.18	225.63	249.40
Expenses	233.07	277.85	189.92	151.93	186.37	213.53	180.50	185.42	275.01	349.59	208.42	209.96	236.44
Operating Profit	20.95	49.49	14.54	7.28	20.17	19.99	15.73	14.38	19.78	37.49	12.76	15.67	12.96
OPM %	8.25%	15.12%	7.11%	4.57%	9.77%	8.56%	8.02%	7.20%	6.71%	9.69%	5.77%	6.94%	5.20%
Other Income	2.09	8.47	4.07	18.28	3.89	8.16	2.31	4.62	77.74	5.71	20.78	4.09	4.47
Interest	2.48	3.06	3.20	3.24	4.09	3.38	4.20	5.27	4.63	4.78	4.96	3.07	5.76
Depreciation	3.17	3.29	3.11	1.65	1.41	1.50	1.33	1.44	1.55	1.57	1.53	1.30	1.57
Profit before tax	17.39	51.61	12.30	20.67	18.56	23.27	12.51	12.29	91.34	36.85	27.05	15.39	10.10
Tax %	6.10%	3.88%	3.25%	0.00%	0.00%	27.72%	23.26%	16.11%	17.27%	5.64%	16.93%	25.73%	8.12%
Net Profit	16.33	49.61	11.90	20.67	18.56	16.82	9.60	10.31	75.57	34.77	22.47	11.43	9.28
EPS in Rs	0.75	2.28	0.55	0.95	0.84	0.76	0.43	0.46	3.34	1.54	0.99	0.51	0.41

Last Updated: March 3, 2026, 1:56 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 9:16 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	624	623	588	490	539	524	521	506	657	1,019	764	1,077	1,083
Expenses	610	717	551	496	531	516	466	519	634	902	687	989	1,004
Operating Profit	14	-94	37	-6	8	8	55	-13	23	118	76	88	79
OPM %	2%	-15%	6%	-1%	1%	2%	11%	-3%	3%	12%	10%	8%	7%
Other Income	19	11	27	58	38	36	20	12	53	11	18	90	35
Interest	44	31	40	34	26	27	20	27	25	13	14	20	19
Depreciation	19	22	15	16	14	13	15	12	11	12	6	6	6
Profit before tax	-30	-136	8	3	5	4	40	-40	40	103	74	153	89
Tax %	45%	6%	-16%	55%	7%	-24%	0%	1%	11%	4%	9%	15%
Net Profit	-43	-145	9	1	5	5	40	-40	36	99	68	130	78
EPS in Rs	-2.80	-9.17	0.53	0.12	0.33	0.38	2.22	-2.24	1.62	4.49	3.02	5.74	3.45
Dividend Payout %	-1%	0%	0%	0%	0%	0%	0%	0%	0%	6%	8%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-237.21%	106.21%	-88.89%	400.00%	0.00%	700.00%	-200.00%	190.00%	175.00%	-31.31%	91.18%
Change in YoY Net Profit Growth (%)	0.00%	343.42%	-195.10%	488.89%	-400.00%	700.00%	-900.00%	390.00%	-15.00%	-206.31%	122.49%

Vascon Engineers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	6%
5 Years:	16%
3 Years:	18%
TTM:	39%

Compounded Profit Growth
10 Years:	9%
5 Years:	11%
3 Years:	164%
TTM:	32%

Stock Price CAGR
10 Years:	9%
5 Years:	39%
3 Years:	26%
1 Year:	-25%

Return on Equity
10 Years:	3%
5 Years:	4%
3 Years:	8%
Last Year:	6%

Last Updated: September 5, 2025, 1:51 pm

Balance Sheet

Last Updated: December 4, 2025, 2:11 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	90	90	161	168	174	178	178	182	217	217	221	226	226
Reserves	570	428	465	467	494	512	556	517	594	694	760	867	900
Borrowings	360	334	269	274	278	253	255	215	165	142	152	206	275
Other Liabilities	455	503	457	415	376	388	366	403	514	595	728	830	795
Total Liabilities	1,475	1,356	1,352	1,323	1,322	1,330	1,356	1,316	1,490	1,649	1,862	2,128	2,197
Fixed Assets	188	189	116	130	119	114	108	99	94	117	63	74	74
CWIP	25	2	0	0	1	0	0	0	0	0	0	0	0
Investments	68	61	122	84	86	83	98	81	76	83	83	85	107
Other Assets	1,193	1,103	1,114	1,109	1,116	1,133	1,150	1,137	1,320	1,450	1,715	1,969	2,016
Total Assets	1,475	1,356	1,352	1,323	1,322	1,330	1,356	1,316	1,490	1,649	1,862	2,128	2,197

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-87	78	38	28	10	56	38	70	33	104	-22	5
Cash from Investing Activity +	-14	8	-21	-23	6	-2	-27	6	-13	-32	-12	68
Cash from Financing Activity +	100	-63	-26	-16	-24	-26	-34	-72	-22	-44	5	27
Net Cash Flow	-1	23	-9	-12	-8	28	-24	4	-1	28	-29	100
Free Cash Flow	-100	81	36	9	10	45	35	71	23	62	-21	-12
CFO/OP	-520%	-109%	125%	-299%	132%	443%	64%	-481%	156%	97%	-14%	21%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-346.00	-428.00	-232.00	-280.00	-270.00	-245.00	-200.00	-228.00	-142.00	-24.00	-76.00	-118.00

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	154	172	150	167	139	140	127	118	90	78	85	72
Inventory Days		3,038	371	453	451	476	503	416	363	219	300	236
Days Payable		2,217	160	197	184	192	211	219	197	167	213	193
Cash Conversion Cycle	154	993	361	424	406	425	419	316	256	129	172	116
Working Capital Days	54	-16	141	259	233	305	303	267	246	183	266	198
ROCE %	1%	-11%	4%	4%	3%	3%	6%	-2%	2%	11%	7%	8%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	32.20%	32.20%	32.20%	31.62%	31.62%	31.27%	31.27%	30.93%	31.11%	31.11%	31.11%	30.78%
FIIs	0.22%	0.51%	0.90%	0.11%	0.89%	0.40%	0.55%	0.54%	0.72%	0.50%	1.89%	0.48%
DIIs	0.00%	0.11%	0.09%	0.14%	0.14%	0.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	67.56%	67.18%	66.80%	68.12%	67.34%	67.96%	68.19%	68.53%	68.17%	68.40%	66.99%	68.73%
No. of Shareholders	43,446	48,210	58,086	75,308	86,480	91,584	92,707	95,554	94,236	96,349	96,568	97,017

Shareholding Pattern Chart

No. of Shareholders

Vascon Engineers Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

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	2025-04-22 17:25:16	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	5.81	3.05	4.49	1.76	-2.27
Diluted EPS (Rs.)	5.81	3.05	4.49	1.76	-2.27
Cash EPS (Rs.)	6.02	3.72	5.12	2.15	-1.55
Book Value[Excl.RevalReserv]/Share (Rs.)	48.29	44.94	42.53	37.92	38.94
Book Value[Incl.RevalReserv]/Share (Rs.)	48.29	44.94	42.53	37.92	38.94
Revenue From Operations / Share (Rs.)	47.61	47.57	46.91	30.23	27.77
PBDIT / Share (Rs.)	4.41	4.87	5.89	3.48	-0.05
PBIT / Share (Rs.)	4.15	4.22	5.34	2.98	-0.71
PBT / Share (Rs.)	6.59	3.50	4.75	1.86	-2.19
Net Profit / Share (Rs.)	5.76	3.07	4.57	1.65	-2.21
NP After MI And SOA / Share (Rs.)	5.74	3.02	4.49	1.62	-2.24
PBDIT Margin (%)	9.27	10.24	12.55	11.50	-0.19
PBIT Margin (%)	8.72	8.87	11.38	9.86	-2.58
PBT Margin (%)	13.84	7.36	10.13	6.14	-7.88
Net Profit Margin (%)	12.08	6.45	9.75	5.46	-7.96
NP After MI And SOA Margin (%)	12.04	6.35	9.56	5.35	-8.07
Return on Networth / Equity (%)	11.87	6.81	10.69	4.33	-5.83
Return on Capital Employeed (%)	7.78	8.52	11.58	7.54	-1.69
Return On Assets (%)	6.09	3.59	5.91	2.36	-3.09
Long Term Debt / Equity (X)	0.09	0.08	0.06	0.02	0.06
Total Debt / Equity (X)	0.18	0.17	0.14	0.19	0.18
Asset Turnover Ratio (%)	0.54	0.59	0.64	0.34	0.27
Current Ratio (X)	1.89	1.86	1.97	1.87	1.82
Quick Ratio (X)	1.25	1.13	1.24	1.05	0.98
Inventory Turnover Ratio (X)	1.87	0.00	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	0.00	8.12	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.00	6.68	0.00	0.00	0.00
Earning Retention Ratio (%)	0.00	91.88	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	0.00	93.32	0.00	0.00	0.00
Interest Coverage Ratio (X)	5.29	6.77	10.01	3.09	-0.03
Interest Coverage Ratio (Post Tax) (X)	3.77	5.27	8.77	2.47	-0.50
Enterprise Value (Cr.)	817.46	1460.70	577.54	583.27	393.98
EV / Net Operating Revenue (X)	0.75	1.39	0.56	0.88	0.77
EV / EBITDA (X)	8.18	13.55	4.51	7.72	-400.92
MarketCap / Net Operating Revenue (X)	0.77	1.29	0.52	0.77	0.65
Retention Ratios (%)	0.00	91.87	0.00	0.00	0.00
Price / BV (X)	0.76	1.38	0.59	0.63	0.47
Price / Net Operating Revenue (X)	0.77	1.29	0.52	0.77	0.65
EarningsYield	0.15	0.04	0.18	0.06	-0.12

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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. 1075.24 Cr. and Equity Capital is Rs. 226.29 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Realty	Vascon Weikfield Chambers, Behind Hotel Novate, Pune Maharashtra 411014	Contact not found

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

FAQ

What is the intrinsic value of Vascon Engineers Ltd and is it undervalued?

As of 21 April 2026, Vascon Engineers Ltd's intrinsic value is ₹40.98, which is 34.36% higher than the current market price of ₹30.50, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (6.59 %), book value (₹49.3), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Vascon Engineers Ltd?

Vascon Engineers Ltd is trading at ₹30.50 as of 21 April 2026, with a FY2026-2027 high of ₹74.6 and low of ₹26.8. The stock is currently near its 52-week low. Market cap stands at ₹707 Cr..

How does Vascon Engineers Ltd's P/E ratio compare to its industry?

Vascon Engineers Ltd has a P/E ratio of 9.21, which is below the industry average of 36.56. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Vascon Engineers Ltd financially healthy?

Key indicators for Vascon Engineers Ltd: ROCE of 7.76 % is on the lower side compared to the industry average of 16.37%; ROE of 6.59 % is below ideal levels (industry average: 21.40%). Dividend yield is 0.00 %.

Is Vascon Engineers Ltd profitable and how is the profit trend?

Vascon Engineers Ltd reported a net profit of ₹130 Cr in Mar 2025 on revenue of ₹1,077 Cr. Compared to ₹36 Cr in Mar 2022, the net profit shows an improving trend.

Does Vascon Engineers Ltd pay dividends?

Vascon Engineers Ltd has a dividend yield of 0.00 % at the current price of ₹30.50. The company is currently not paying meaningful dividends.