V R Infraspace

SMENSE: VR
Compare with peers
₹ 90.00▼ 4.35 (−4.61%)28 Oct, 11:45 am IST
Market cap
₹ 85 Cr.
P/E
20.4x
P/B
2.11x
52-week range
90 – 209.95
ROE
10%
ROCE
19.2%
Dividend yield
0%
Debt / equity
0.79
Sector
Realty
Industry
Residential, Commercial Projects
Listed on
NSE SME

About

V R Infraspace Limited is engaged in the business of real estate and supervisory services to contractors. The Company develops residential, commercial, hospitality, retail and social infrastructure projects. The Company’s residential apartment portfolio consists of various types of accommodation of varying sizes. Its residential buildings are designed with a variety of amenities, such as security systems, sports, and recreational facilities, play areas and electricity back-up. It offers its residential and commercial projects under the name VR. It offers a host of value-added services for its customers to aid them through every stage of the pre- and post- property owning journey. Its projects include VR Imperia Luxurious Residential Project, VR One Commercial Business Center, and VR Celebrity luxuria, among others.

Quick check

The five things to look at first. Open one for more.

V R Infraspace against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)20.4 against a typical 23.8: cheaper than most peers (1st = cheapest).70th of 173
  • Sales growth+374.2% against a typical +6.6% from a year earlier.9th of 134
  • Profit growth+165.2% against a typical +2.9% from a year earlier.17th of 108
  • Share price, 3 months−24.4% against a typical −9.9%.127th of 147
  • Size₹ 85 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).93rd of 163

Latest announcements

Exchange filings and their impact on the company.

  • 7 Oct 2026Bagging/Receiving of orders/contractsLow impactPositivePrice +5% on 16 Oct
    V R Infraspace won a small Rs 1.45 cr government road order in Amreli.

    V R Infraspace received approval from the Superintending Engineer, Panchayat R&B Circle-2, Rajkot for improvement of the Shelana to Jejad Road (Km 0/000-4/300) in Savarkundla, Amreli. The order size is about Rs 1.45 crore and will be executed as per the terms in the October 1, 2026 letter. At under 2% of last year's Rs 74.14 crore sales, it adds modest near-term revenue but does not materially change scale.

    Filing
  • 6 Oct 2026Giving guarantees/indemnity/ becoming a surety for third partyMedium impactNeutralPrice +5% on 16 Oct
    V R Infraspace guaranteed its subsidiary's Rs 14.35 cr bank loan, adding contingent leverage with no immediate profit impact.

    V R Infraspace has issued a corporate guarantee to Indian Bank for Rs 14.35 crore of loan facilities taken by its subsidiary Daxon Realty Limited. The company said the guarantee is a contingent liability and, since the subsidiary is consolidated, there is no separate impact on its accounts. The move helps the subsidiary fund its business while raising the parent's contingent exposure to about a third of its net worth.

    Filing

Board meetings

Results dates and other board meetings. Full calendar

Details
29 May 2026Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the half year and financial year ended March 31, 2026, dividend, if any, for FY 2025-26 and other business matters
14 Nov 2025Board Meeting IntimationV R INFRASPACE LIMITED has informed the Exchange about Board Meeting to be held on 14-Nov-2025 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2025 and Other business.
14 May 2025Financial Results/Dividend/Other business mattersTo consider and approve the Standalone and Consolidated Audited Financial Results for the half year and the financial year ended on March 31, 2025; to recommend Dividend, if any for the financial year 2024-25 and other business transactions.
1 Jan 2025Board Meeting IntimationV R INFRASPACE LIMITED has informed the Exchange about Board Meeting to be held on 01-Jan-2025 to consider Other business.
24 Oct 2024Financial Results/Other business mattersTo consider and approve the Unaudited financial results for the half year ended September 30, 2024 and other business matters
2 Sep 2024V R INFRASPACE LIMITED has informed the Exchange about Board Meeting to be held on 02-Sep-2024 to consider Other business.Board Meeting Intimation

Share price

1Y change −56.3%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales971213191956
Expenses86911161548
Operating Profit1122338
OPM %15.9%15.3%20.8%16.7%15.5%17.6%14.3%
Other Income0000102
Interest0000214
Depreciation0000000
Profit before tax1122226
Tax %6.6%25.2%31.9%28%30.7%26.6%27.8%
Net Profit1122124
EPS in Rs1.881.61.531.021.241.33.12

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
42%
3 Years
60%
TTM
136%
Compounded Profit Growth
10 Years
—
5 Years
40%
3 Years
17%
TTM
94%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
10%
3 Years
8%
TTM
—

Shareholding

Latest: Mar 2026.

Promoters
72.97%
0 pts in a year
Public
27.03%
0 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 20.4xEPS (12 months) ₹ 4.41Median P/E 74.2x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
V R Infraspace₹ 90.00₹ 85 Cr.20.4x2.1x10%—
DLF₹ 653.55₹ 1,61,774 Cr.39x3.6x10%32%
Lodha Developers₹ 963.00₹ 1,01,441 Cr.33.7x5.1x15.8%20.6%
Indus Towers₹ 380.00₹ 1,00,250 Cr.14.9x2.7x19.8%22%
Oberoi Realty₹ 1,587.20₹ 57,846 Cr.27.3x3.8x—41.6%
Godrej Properties₹ 1,497.90₹ 45,121 Cr.166x3.3x10.2%35.9%

Management

Vipul Devchand Rupareliya
Managing Director, Executive Chairman of the Board
Kamlesh Kanubhai Parmar
Chief Financial Officer
Riya Bonnykumar Aswani
Compliance Officer, Company Secretary
Sumitaben Vipulbhai Rupareliya
Whole Time Director

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