VASCON ENGINEERS
- Market cap
- ₹ 674 Cr.
- P/E
- 23.8x
- P/B
- 0.61x
- 52-week range
- 26.75 – 70.2
- ROE
- 2%
- ROCE
- 5%
- Dividend yield
- 0%
- Debt / equity
- 0.26
- Sector
- Realty
- Industry
- Residential, Commercial Projects
- Listed on
- NSE, BSE
About
Vascon Engineers Limited is an India-based construction engineering company. Its segments include Engineering, Procurement and Construction (EPC), Real Estate Development, and Manufacturing and building management system (BMS). The EPC segment includes construction of residential, commercial, industrial and other constructions. The Real Estate Development segment is engaged in the development of residential, hotel premises and an industrial park, among others. The Manufacturing and BMS segment includes manufacturing of clean room partitions and BMS. Its projects include Redevelopment Project - Residential Project in Santacruz, Mumbai; Tulip Phase 3 - Residential Project in Coimbatore, Tamil Nadu; Forest Edge - Residential Project in Kharadi, Pune, and Forest County - Residential Project in Kharadi, Pune. Its subsidiaries include GMP Technical Solutions Private Limited, Almet Corporation Limited, Marvel Housing Private Limited, Marathawada Realtors Private Limited and, among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Residential, Commercial Projects: 174 companies →VASCON ENGINEERS 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)23.8 against a typical 23.3: pricier than most peers (1st = cheapest).89th of 173
- Sales growth−31.3% against a typical +6.6% from a year earlier.102nd of 134
- Profit growth−91.1% against a typical +2.9% from a year earlier.90th of 108
- Share price, 3 months−8.4% against a typical −9.9%.65th of 147
- Size₹ 674.3 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).53rd of 163
Latest announcements
Exchange filings and their impact on the company.
- Vascon wins Rs 198 cr SBI construction order for 24 months, adding ~11% to annual revenue.
Vascon Engineers has received a Letter of Acceptance worth Rs 198 crore (excluding taxes) from State Bank of India for construction of SBILD, residential flats and other commercial outfits at Hinjewadi, Pune. The work is to be completed within 24 months. The order adds about 22% to its last twelve-month revenue base and strengthens its EPC backlog with a marquee public-sector client.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BBB+ by CRISIL- CRISIL lowered its rating on 21 Aug 2026.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BBB+ | Stable | 25 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 25 Sep 2026 | Reaffirmed | Crisil BBB+ | — | CRISIL | ₹ 1,225 Cr. | |
| 24 Sep 2026 | Reaffirmed | Crisil BBB+ | — | CRISIL | ₹ 1,225 Cr. | |
| 21 Aug 2026 | ▼ Downgrade1 notch | Crisil A- → Crisil BBB+ | — | CRISIL | ₹ 1,225 Cr. | |
| 15 Jan 2026 | Reaffirmed | CRISIL A- → Crisil A- | — | CRISIL | ₹ 1,225 Cr. | |
| 29 Oct 2025 | Rating action | CRISIL A- | — | CRISIL | ₹ 725 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 17 Apr 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 9 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 10 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 4 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 14 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 159 | 207 | 234 | 196 | 200 | 295 | 387 | 221 | 226 | 249 | 253 | 152 |
| Expenses | 152 | 186 | 214 | 181 | 185 | 275 | 350 | 208 | 210 | 236 | 243 | 147 |
| Operating Profit | 7 | 20 | 20 | 16 | 14 | 20 | 37 | 13 | 16 | 13 | 11 | 5 |
| OPM % | 4.6% | 9.8% | 8.6% | 8% | 7.2% | 6.7% | 9.7% | 5.8% | 6.9% | 5.2% | 4.2% | 3.3% |
| Other Income | 18 | 4 | 8 | 2 | 5 | 78 | 6 | 21 | 4 | 4 | 6 | 5 |
| Interest | 3 | 4 | 3 | 4 | 5 | 5 | 5 | 5 | 3 | 6 | 2 | 6 |
| Depreciation | 2 | 1 | 2 | 1 | 1 | 2 | 2 | 2 | 1 | 2 | 1 | 1 |
| Profit before tax | 21 | 19 | 23 | 13 | 12 | 91 | 37 | 27 | 15 | 10 | 13 | 2 |
| Tax % | 0% | 0% | 27.7% | 23.3% | 16.1% | 17.3% | 5.6% | 16.9% | 25.7% | 8.1% | 54.4% | 18.6% |
| Net Profit | 21 | 19 | 17 | 10 | 10 | 76 | 35 | 22 | 11 | 9 | 6 | 2 |
| EPS in Rs | 0.95 | 0.84 | 0.76 | 0.43 | 0.46 | 3.34 | 1.54 | 0.99 | 0.51 | 0.41 | 0.25 | 0.09 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 5%
- 5 Years
- 13%
- 3 Years
- −2%
- TTM
- −20%
- 10 Years
- 47%
- 5 Years
- 21%
- 3 Years
- −37%
- TTM
- −64%
- 10 Years
- −1%
- 5 Years
- 6%
- 3 Years
- −19%
- TTM
- —
- 10 Years
- 3%
- 5 Years
- 5%
- 3 Years
- 4%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| VASCON ENGINEERS | ₹ 30.00 | ₹ 674 Cr. | 23.8x | 0.6x | 2% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.3x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 166x | 3.3x | 10.2% | 35.9% |
Management
- Santosh Sundararajan
- Group Chief Executive Officer, Whole Time Director
- Somnath Biswas
- Chief Financial Officer
- Vibhuti Darshin Dani
- Company Secretary and Compliance Officer
- Siddharth Vasudevan Moorthy
- Managing Director, Director
Prices are delayed and for information only. Nothing on this page is investment advice.