---
title: "Vrundavan Plantation Ltd (544011) — Share Price, Financials & Analysis"
symbol: "544011"
company: "Vrundavan Plantation Ltd"
canonical: "https://tapetide.com/stocks/544011"
isin: "INE0Q6901013"
nse_symbol: "VPLLTD"
bse_code: "544011"
sector: "Commercial Services"
industry: "Diversified Services"
market_cap_cr: 19.8
generated_at: "2026-09-13T18:48:47.707Z"
---

# Vrundavan Plantation Ltd (544011)

Canonical page: https://tapetide.com/stocks/544011

## Company

- **NSE Symbol:** VPLLTD
- **BSE Code:** 544011
- **ISIN:** INE0Q6901013
- **Sector:** Commercial Services
- **Industry:** Diversified Services
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2023-11-06
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vrundavanplantation.com

## About

Incorporated in 2022, Vrundavan Plantation Ltd is in the business of sale of plants (like nursery), provide garden, Landscape, roof‐top gardening and avenue plantations[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:34:37.445952Z.

- **Market Cap:** ₹19.8 Cr
- **Classification:** SME
- **P/E (reported):** 11.1
- **EPS (reported):** ₹3.18
- **Book Value:** ₹46.62
- **Price to Book:** 0.69
- **Dividend Yield:** 0%
- **ROE:** 6.15%
- **ROCE:** 9.21%
- **Debt to Equity:** 0.39
- **Revenue (yearly):** ₹41.9 Cr
- **Net Income:** ₹1.8 Cr
- **EBITDA:** ₹3.4 Cr
- **52-Week High:** ₹55
- **52-Week Low:** ₹30.1
- **RSI (14):** 17.66

## Key Insights

### Strengths

- Stock is trading at 0.69 times its book value
- Debtor days have improved from 161 to 118 days.
- Company's working capital requirements have reduced from 212 days to 145 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.82% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 31.89% | 82.82% | — |
| ebitda margin growth | -18.87% | -37.87% | — |
| net income growth | 0% | 5.88% | — |
| revenue growth | 64.31% | 29.04% | — |
| roce | -11.1% | -23.44% | 6.32% |
| roe | -16.78% | 7.21% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 7.26 | 11.57 | 12.97 | 12.53 | 16.4 | 25.54 |
| Expenses | 5.67 | 11.28 | 11.31 | 11.63 | 14.45 | 24.08 |
| Operating Profit | 1.59 | 0.29 | 1.66 | 0.9 | 1.95 | 1.46 |
| OPM % | 21.9 | 2.51 | 12.8 | 7.18 | 11.89 | 5.72 |
| Other Income | 0 | 0.7 | 0.03 | -0.02 | 0.02 | 0 |
| Interest | 0.16 | 0.1 | 0.01 | 0.12 | 0.17 | 0.5 |
| Depreciation | 0.04 | 0.01 | 0.06 | 0.05 | 0.07 | 0.33 |
| Profit before tax | 1.39 | 0.88 | 1.62 | 0.71 | 1.73 | 0.63 |
| Tax % | 28.78 | 19.32 | 25.31 | 23.94 | 27.75 | 19.05 |
| Net Profit | 0.98 | 0.71 | 1.21 | 0.55 | 1.25 | 0.52 |
| EPS in Rs | 2.5 | 1.33 | 2.27 | 1.03 | 2.02 | 0.84 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 4m | May 2023 5m | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 0 | 1.81 | 18.83 | 25.51 | 41.95 |
| Expenses | 0 | 1.52 | 16.96 | 22.95 | 38.53 |
| Operating Profit | 0 | 0.29 | 1.87 | 2.56 | 3.42 |
| OPM % | — | 16.02 | 9.93 | 10.04 | 8.15 |
| Other Income | 0 | 0 | 0.7 | 0.01 | 0 |
| Interest | 0 | 0.03 | 0.26 | 0.13 | 0.66 |
| Depreciation | 0 | 0 | 0.05 | 0.1 | 0.4 |
| Profit before tax | 0 | 0.26 | 2.26 | 2.34 | 2.36 |
| Tax % | — | 30.77 | 25.22 | 24.79 | 25.42 |
| Net Profit | 0 | 0.17 | 1.69 | 1.76 | 1.77 |
| EPS in Rs | 0 | 0.43 | 3.17 | 3.3 | 2.86 |
| Dividend Payout % | — | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | May 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 3.92 | 5.33 | 5.33 | 6.19 |
| Reserves | 0 | 0.22 | 15.62 | 18.47 | 22.66 |
| Borrowings | 0 | 1.96 | 0 | 2.85 | 11.19 |
| Other Liabilities | 0 | 17.12 | 4.82 | 5.87 | 5.31 |
| Total Liabilities | 0.01 | 23.22 | 25.77 | 32.52 | 45.35 |
| Fixed Assets | 0 | 0.19 | 0.45 | 0.36 | 10.1 |
| CWIP | 0 | 0 | 5.81 | 6.1 | 5.09 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.01 | 23.03 | 19.51 | 26.06 | 30.16 |
| Total Assets | 0.01 | 23.22 | 25.77 | 32.52 | 45.35 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | May 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.01 | — | -11.93 | -3.01 | -2.05 |
| Cash from Investing Activity | 0 | — | -6.3 | -0.31 | -9.12 |
| Cash from Financing Activity | 0.01 | — | 18.99 | 3.81 | 10.96 |
| Net Cash Flow | 0 | — | 0.76 | 0.49 | -0.22 |
| Free Cash Flow | -0.01 | — | -18.23 | -3.32 | -11.17 |
| CFO/OP | — | — | -607 | -113 | -38 |

### Ratios

| Item | Mar 2023 | May 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 2407.79 | 166.12 | 198.02 | 118.16 |
| Inventory Days | — | — | 305.22 | 188.35 | 165.72 |
| Days Payable | — | — | 168.64 | 95.04 | 36.04 |
| Cash Conversion Cycle | — | 2407.79 | 302.7 | 291.33 | 247.83 |
| Working Capital Days | — | 746.13 | 259.55 | 230.22 | 145.22 |
| ROCE % | — | — | 24.05 | 10.38 | 9.06 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 62.65% | 62.65% | 62.65% | 62.65% | 58.63% |
| FIIs | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 1.8% | 1.71% | 1.47% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 29.34% | 28.69% | 28.13% | 27.93% | 31.52% |
| Others | 8.01% | 8.66% | 7.43% | 7.72% | 8.38% |
| No. of Shareholders | 752 | 691 | 651 | 621 | 600 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 34.06 | Sell |
| EMA (10) | 34.08 | Sell |
| SMA (20) | 34.34 | Sell |
| EMA (20) | 34.25 | Sell |
| SMA (50) | 34.24 | Sell |
| EMA (50) | 35.9 | Sell |
| SMA (100) | 41.06 | Sell |
| EMA (100) | 39.77 | Sell |
| SMA (200) | 47.08 | Sell |
| EMA (200) | 44.51 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.26 | Neutral |
| MACD (12,26,9) | -0.28 | Sell |
| Stochastic (14,3,3) | 32.69 | Neutral |
| ADX (14) | 16.41 | Neutral |
| Williams %R (14) | -80.79 | Buy |
| ATR (14) | 2.8 | High Volatility |
| ROC (12) | -8.6 | Sell |
| Stoch RSI (14) | 15.12 | Buy |
| UO (7,14,28) | 64.85 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-19 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4d885a4-b23a-4f05-836b-fb8ba8664ac1.pdf) |
| 2026-08-18 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 18-08-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=708142f7-2b18-4b5c-a31e-8df3bd048552.pdf) |
| 2026-08-18 | [Notice Of 04 Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fbe9b378-a1ab-487b-a7e0-1d21a793f7c5.pdf) |
| 2026-07-03 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3bedbd4-f22a-4da5-aaee-7226ebf7de08.pdf) |
| 2026-05-28 | [Board Meeting Outcome for The Board Considered And Approved The Audited Financial Results Of The Company For The Six Months And Financial Year Ended March 31 2026 & RPT With Internal Auditor Appointment.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04907505-6ffe-446c-832a-77ff2fffdc3a.pdf) |
| 2026-05-28 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e72eb5b-c0e0-430f-a420-2e6a4176cd86.pdf) |
| 2026-05-17 | [Board Meeting Intimation for INTIMATION OF BOARD MEETING TO BE HELD ON THURSDAY MAY 28 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20749ab7-f532-4d34-841b-821fe4873798.pdf) |
| 2026-04-24 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Friday April 24 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7eaa761b-4ce7-489c-8510-7271259535e1.pdf) |
| 2026-04-24 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4bb9be75-8b9c-485e-bb24-acdbd52d9005.pdf) |
| 2026-04-16 | [Board Meeting Intimation for Appointment Of Non -Executive Independent Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2613faac-d02e-496c-b2e2-62cd971fb062.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-28 | [FINANCIAL RESULT FOR THE YEAR ENDED 31ST MARCH2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21579e7c-496e-43dc-b5e6-f9a9730cb73b.pdf) |
| 2025-11-11 | [Financial Results For September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=228b7322-e288-4415-b5c0-f0deb2d64a67.pdf) |
| 2025-06-30 | [Revised Outcome Of Board Meeting For Results For Half Year And Year Ended March 31 2025 Along With Declaration Of Unmodified Opinion](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3c5584b-3d18-4278-bf1f-c69c2973064b.pdf) |
| 2025-05-29 | [Financial Results For Six Months And Financial Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e2ae458-30a4-48c5-b534-daea9555e42b.pdf) |
| 2024-11-13 | [FINANCIAL RESULTS FOR SIX MONTHS ENDED SEPTEMBER 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=312e0d22-493d-482b-b11b-7c82c162ce1a.pdf) |
| 2024-11-13 | [REVISED FINANCIAL RESULTS FOR SIX MONTHS ENDED SEPTEMBER 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92c9257d-2451-43b3-b896-2da2b2ce75fa.pdf) |
| 2024-05-28 | [Results-Financial Results For Six Months And Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9ce2b53e-e96a-4419-ac04-856d57802440.pdf) |
| 2023-11-13 | [Standalone Financial Results, Limited Review Report for September 30, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=AB49D4B8-2214-44FB-9E3C-CEAAD430F888-111221.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Ms. Khyati Bhavya Shah resigned as Independent Director effective 09 April 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Director 9 Apr - Ms. Khyati Bhavya Shah resigned as Independent Director effective 09 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0a0918bc-af32-4165-8804-0740452fcd56.pdf) |
| 6 Apr - Regulation 74(5) certificate filed for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Regulation 74(5) certificate filed for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d60fa342-2a53-479d-bb47-13ea72433a3d.pdf) |
| 5 Apr - Company confirmed it is not a Large Corporate as of 31 March 2026. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 5 Apr - Company confirmed it is not a Large Corporate as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/099cab59-8b9f-4246-867c-c0de077b8a3c.pdf) |
| 3 Feb - Board meeting 14 Feb 2026 to consider Q3/9M results; share split, bonus, authorized capital increase. | [Board Meeting Intimation for For Board Meeting To Be Held On 14/02/2026 3 Feb - Board meeting 14 Feb 2026 to consider Q3/9M results; share split, bonus, authorized capital increase.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b7f52d2-ac1d-46e8-b256-f27920df122c.pdf) |
| 25 Mar - Trading window closed from 01.04.2026 until 48 hours after audited results for six months and year ended 31-03-2026. | [Closure of Trading Window 25 Mar - Trading window closed from 01.04.2026 until 48 hours after audited results for six months and year ended 31-03-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b70b28d-6fb5-4359-aa43-b2510114aab1.pdf) |
| 24 Apr - Board approved appointment of Ms. Malvika Jagani as additional independent director on 24 April 2026, subject to shareholder approval. | [Board Meeting Outcome for Outcome Of Board Meeting Held On Friday, April 24, 2026 24 Apr - Board approved appointment of Ms. Malvika Jagani as additional independent director on 24 April 2026, subject to shareholder approval.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7eaa761b-4ce7-489c-8510-7271259535e1.pdf) |
| 24 Apr - Board appoints Ms. Malvika Jagani as additional independent director on April 24, 2026, pending shareholder approval. | [Announcement under Regulation 30 (LODR)-Change in Management 24 Apr - Board appoints Ms. Malvika Jagani as additional independent director on April 24, 2026, pending shareholder approval.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4bb9be75-8b9c-485e-bb24-acdbd52d9005.pdf) |
| 23 Feb - M/s. Panchal S K & Associates appointed statutory auditors for FY2025-26 until conclusion of ensuing AGM. | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 23 Feb - M/s. Panchal S K & Associates appointed statutory auditors for FY2025-26 until conclusion of ensuing AGM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e1a7a4e3-d271-467c-848e-3ed96edc70e7.pdf) |
| 23 Feb - EGM held Feb 23, 2026 in Ahmedabad; 12 members present; voting results to be submitted. | [PROCEEDINGS OF THE EXTRA ORDINARY GENERAL MEETING (THE EGM) 23 Feb - EGM held Feb 23, 2026 in Ahmedabad; 12 members present; voting results to be submitted.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab1d3253-b5c4-46f8-82b7-0eb50d2e9b51.pdf) |
| 21 Jan - EGM on 23 Feb 2026 to appoint Panchal S K & Associates as statutory auditors filling Doshi & Doshi's resignation. | [Intimation Regarding Notice Of Extra Ordinary General Meeting 21 Jan - EGM on 23 Feb 2026 to appoint Panchal S K & Associates as statutory auditors filling Doshi & Doshi's resignation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0538399a-0580-4f70-ba88-f30ba0cbb2d6.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f235cbf-d886-4039-92b5-74f643e15e22.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a881bfbc-1c21-48bd-9e2d-468c541555c6.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/423cfb7b-0742-4ebd-a588-4dde043b5626.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fd3dbf57-c78a-4389-908c-9fedb956d5de.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0c8b6d77-d6ff-4199-957f-06eebe26dbc0.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/538119/74913538119.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/538119/69737538119.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/538119/65585538119.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/538119/5381190319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/538119/5381190318.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a781a7b8-e83f-4ac8-a18b-cdfe28ca5c37.pdf) |
| Mar 2022 | [Concall - Mar 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b285feb6-453b-484e-8bdf-fd677d2e457a.pdf) |
| Feb 2023 | [Concall - Feb 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6d2797c4-9b57-4b83-8c39-a7dfc680aa1f.pdf) |
| Aug 2021 | [Concall - Aug 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/61c02389-547e-488d-aa96-5a5f8ce89ba0.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:48:47.707Z.