---
title: "Vruddhi Engineering Works Ltd (544157) — Share Price, Financials & Analysis"
symbol: "544157"
company: "Vruddhi Engineering Works Ltd"
canonical: "https://tapetide.com/stocks/544157"
isin: "INE0OMZ01013"
nse_symbol: "VRUDDHIENGINEERINGWORKSLTD"
bse_code: "544157"
sector: "Capital Goods"
industry: "Industrial Products"
market_cap_cr: 48
generated_at: "2026-09-13T18:23:25.412Z"
---

# Vruddhi Engineering Works Ltd (544157)

Canonical page: https://tapetide.com/stocks/544157

## Company

- **NSE Symbol:** VRUDDHIENGINEERINGWORKSLTD
- **BSE Code:** 544157
- **ISIN:** INE0OMZ01013
- **Sector:** Capital Goods
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-04-03
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vruddhicouplers.com

## About

Incorporated in 2020, Vruddhi Engineering 
Works Ltd provides mechanical splicing solutions to the real estate, construction, and infrastructure industry[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:35:36.864343Z.

- **Market Cap:** ₹48 Cr
- **Classification:** SME
- **P/E (reported):** 15.6
- **EPS (reported):** ₹2.27
- **Book Value:** ₹45.7
- **Price to Book:** 4.16
- **Dividend Yield:** 0%
- **ROE:** 17.64%
- **ROCE:** 26.35%
- **Debt to Equity:** 0.55
- **Revenue (yearly):** ₹43 Cr
- **Net Income:** ₹3.05 Cr
- **EBITDA:** ₹5.42 Cr
- **52-Week High:** ₹249
- **52-Week Low:** ₹144
- **RSI (14):** 11.51

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 28.6%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -352.14% | -52.16% | -3.53% |
| ebitda margin growth | 31.9% | 72.19% | 93.38% |
| net income growth | 103.33% | 60% | 215% |
| revenue growth | 35.22% | 49% | 81.22% |
| roce | -30.71% | -38.42% | 18.89% |
| roe | -17.18% | 24.82% | -102.41% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 9.03 | 9.35 | 12.47 | 13.83 | 17.97 | 13.4 | 29.6 |
| Expenses | 8.51 | 8.38 | 12.18 | 12.97 | 15.84 | 11.31 | 26.28 |
| Operating Profit | 0.52 | 0.97 | 0.29 | 0.86 | 2.13 | 2.09 | 3.32 |
| OPM % | 5.76 | 10.37 | 2.33 | 6.22 | 11.85 | 15.6 | 11.22 |
| Other Income | 0 | 0 | 0.35 | 0.01 | 0.03 | 0.01 | 0.11 |
| Interest | 0.13 | 0.19 | 0.22 | 0.12 | 0.23 | 0.23 | 0.21 |
| Depreciation | 0.14 | 0.11 | 0.29 | 0.26 | 0.38 | 0.43 | 0.5 |
| Profit before tax | 0.25 | 0.67 | 0.13 | 0.49 | 1.55 | 1.44 | 2.72 |
| Tax % | 28 | 40.3 | -30.77 | 20.41 | 29.03 | 27.08 | 25.74 |
| Net Profit | 0.18 | 0.41 | 0.16 | 0.39 | 1.1 | 1.06 | 2.02 |
| EPS in Rs | 28.44 | 2.22 | 0.87 | 1.55 | 4.36 | 4.2 | 8 |

### Profit & Loss

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 2.21 | 13.07 | 21.82 | 31.8 | 43 |
| Expenses | 0.01 | 2.07 | 11.72 | 20.55 | 28.68 | 37.57 |
| Operating Profit | -0.01 | 0.14 | 1.35 | 1.27 | 3.12 | 5.43 |
| OPM % | — | 6.33 | 10.33 | 5.82 | 9.81 | 12.63 |
| Other Income | 0 | 0 | 0.02 | 0.35 | 0.03 | 0.11 |
| Interest | 0 | 0 | 0.14 | 0.41 | 0.47 | 0.44 |
| Depreciation | 0 | 0.02 | 0.22 | 0.41 | 0.64 | 0.93 |
| Profit before tax | -0.01 | 0.12 | 1.01 | 0.8 | 2.04 | 4.17 |
| Tax % | 0 | 25 | 25.74 | 28.75 | 26.96 | 26.14 |
| Net Profit | -0.01 | 0.09 | 0.75 | 0.57 | 1.49 | 3.08 |
| EPS in Rs | -10 | 90 | 118.48 | 3.09 | 5.9 | 12.2 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.01 | 0.06 | 1.84 | 2.52 | 2.52 |
| Reserves | -0.01 | 0.09 | 2.06 | 0.85 | 5.93 | 9.01 |
| Borrowings | 0.02 | 0.48 | 3.24 | 2.9 | 4.55 | 6.32 |
| Other Liabilities | 0.01 | 0.42 | 2.47 | 5.9 | 3.26 | 2.93 |
| Total Liabilities | 0.03 | 1 | 7.83 | 11.49 | 16.26 | 20.78 |
| Fixed Assets | 0 | 0.31 | 1.37 | 1.94 | 3.15 | 3.76 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0.01 | 0.01 | 0.01 | 3.02 |
| Other Assets | 0.03 | 0.69 | 6.45 | 9.54 | 13.1 | 14 |
| Total Assets | 0.03 | 1 | 7.83 | 11.49 | 16.26 | 20.78 |

### Cash Flow

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.02 | -0.04 | -2.32 | 1.4 | -3.53 | 2.71 |
| Cash from Investing Activity | 0.01 | -0.33 | -0.42 | -0.97 | -1.84 | -4.55 |
| Cash from Financing Activity | 0.02 | 0.45 | 3.02 | -0.64 | 5.61 | 1.34 |
| Net Cash Flow | 0.01 | 0.09 | 0.28 | -0.21 | 0.24 | -0.5 |
| Free Cash Flow | -0.02 | -0.37 | -3.6 | 0.43 | -5.37 | 1.17 |
| CFO/OP | 200 | -7 | -153 | 131 | -105 | 72 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 80.93 | 147.45 | 100.2 | 92.05 | 101.52 |
| Inventory Days | 0 | 9.36 | 16.8 | 18.03 | 6.12 | 11.26 |
| Days Payable | — | 35.1 | 75.03 | 72.6 | 29.03 | 16.31 |
| Cash Conversion Cycle | — | 55.19 | 89.22 | 45.62 | 69.14 | 96.46 |
| Working Capital Days | — | 16.52 | 26.25 | 17.73 | 63.47 | 42.7 |
| ROCE % | — | 40 | 38.72 | 22.1 | 27 | 29.89 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 98.63% | 72.05% | 72.05% | 72.05% | 72.05% |
| FIIs | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 1.37% | 23.04% | 23.13% | 24.92% | 25.43% |
| Others | 0% | 4.91% | 4.81% | 3.03% | 2.52% |
| No. of Shareholders | 7 | 95 | 117 | 129 | 125 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 199.89 | Sell |
| EMA (10) | 200.27 | Sell |
| SMA (20) | 214.34 | Sell |
| EMA (20) | 208.09 | Sell |
| SMA (50) | 220.27 | Sell |
| EMA (50) | 213.5 | Sell |
| SMA (100) | 209.99 | Sell |
| EMA (100) | 213.44 | Sell |
| SMA (200) | 211.2 | Sell |
| EMA (200) | 213.71 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.97 | Neutral |
| MACD (12,26,9) | -8.21 | Sell |
| Stochastic (14,3,3) | 3.36 | Buy |
| ADX (14) | 26.53 | Buy |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 9.73 | High Volatility |
| ROC (12) | -16.99 | Sell |
| Stoch RSI (14) | 10.54 | Buy |
| UO (7,14,28) | 45.07 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fdea4407-0b1f-41a1-bd28-7ede27353100.pdf) |
| 2026-09-08 | [AGM On 30.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=44ac8015-6e0d-4a2e-847a-7a4127fe9f6f.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aaf3dd65-946c-4ea6-9b75-942ce4d4d3bf.pdf) |
| 2026-05-29 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d3a9e0b-5b5a-4c27-8032-40555227337b.pdf) |
| 2026-05-28 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21450dab-e0c5-473c-a71e-77053a04cac1.pdf) |
| 2026-05-23 | [Board Meeting Intimation for Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c4707267-a0ba-43d3-92b2-0938f2a4808a.pdf) |
| 2026-04-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd2f163a-e7e3-4c20-b65c-3769b9926905.pdf) |
| 2026-03-30 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b0d2304-b66b-463a-8307-2d2abc7a3e7d.pdf) |
| 2026-03-13 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd6ac530-047c-4e06-af79-2304f7a7f5b3.pdf) |
| 2026-03-12 | [Shareholder Meeting / Postal Ballot-Outcome of EGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3278841-16d6-4e0f-b7f4-4c0c255c14b4.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-28 | [Result March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e7b72dd1-1aa3-4cc2-ae7c-268b29839e30.pdf) |
| 2025-11-13 | [Financial Results - September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=78228797-07b5-4c70-92e5-3763da2e1977.pdf) |
| 2025-05-30 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a030d82-263a-4d49-8904-fc0974cb179a.pdf) |
| 2024-11-12 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=526f51a2-72f4-49ec-8fec-31186a3f556a.pdf) |
| 2024-05-30 | [Result For March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8022e74b-fac7-45be-9d8b-f9e8eed9acc7.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 30 Mar - Trading window closed Apr 1, 2026 until 48 hours after FY/HY results for year ending Mar 31, 2026. | [Closure of Trading Window 30 Mar - Trading window closed Apr 1, 2026 until 48 hours after FY/HY results for year ending Mar 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b0d2304-b66b-463a-8307-2d2abc7a3e7d.pdf) |
| 25 Feb - Newspaper Advertisement confirming dispatch of postal Ballot Notice | [Announcement under Regulation 30 (LODR)-Newspaper Publication 25 Feb - Newspaper Advertisement confirming dispatch of postal Ballot Notice](https://www.bseindia.com/xml-data/corpfiling/AttachHis/585b7ab3-41e4-4445-a5aa-4c106a2e0eb0.pdf) |
| 24 Feb - Rajesh Singh resigns as Business Head—Denim effective Feb 28, 2026; Ashish Bhatnagar named Deputy Business Head from Mar 1, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 24 Feb - Rajesh Singh resigns as Business Head—Denim effective Feb 28, 2026; Ashish Bhatnagar named Deputy Business Head from Mar 1, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9cd43b37-b8b8-4601-a022-4b1ed14926d4.pdf) |
| 18 Feb - Reappointment of Bindi, Vedant, Varsha Mehta as executive directors; remuneration up to Rs50L p.a.; EGM on 12 Mar 2026. | [EGM To Be Held On March 12, 2026 18 Feb - Reappointment of Bindi, Vedant, Varsha Mehta as executive directors; remuneration up to Rs50L p.a.; EGM on 12 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5192c50-1633-4d25-a4b4-dfa69dd25682.pdf) |
| 18 Feb - Board reappointed three directors (MD and two WTDs) effective Mar 15 and Jul 3, 2026; EGM on Mar 12. | [Closure of Trading Window 18 Feb - Board reappointed three directors (MD and two WTDs) effective Mar 15 and Jul 3, 2026; EGM on Mar 12.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/993d7138-2a2e-4eae-b55c-136331d695c3.pdf) |
| 18 Feb - Board approved reappointment of three executive directors; EGM on 12 Mar 2026; remuneration up to Rs.50,00,000/year. | [Board Meeting Outcome for Outcome Of Board Meeting 18 Feb - Board approved reappointment of three executive directors; EGM on 12 Mar 2026; remuneration up to Rs.50,00,000/year.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8141940d-8783-4603-ac97-322f7c791a4e.pdf) |
| 17 Feb - Transcript of Q3 & 9 Months for FY 26 Earning Conference Call held on Thursday , 12th February, 2026. | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 17 Feb - Transcript of Q3 & 9 Months for FY 26 Earning Conference Call held on Thursday , 12th February, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/129a14cc-3da9-43f7-ab82-f77cea1888b9.pdf) |
| 14 Apr - Regulation 74(5) certificate for quarter ended 31 March 2026; no rematerialisation requests. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr - Regulation 74(5) certificate for quarter ended 31 March 2026; no rematerialisation requests.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd2f163a-e7e3-4c20-b65c-3769b9926905.pdf) |
| 13 Mar - EGM 12-Mar-2026: Re-appointed Bindi K. Mehta (MD), Vedant M. Mehta, Varsha M. Mehta; unanimous 60,500 votes. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 13 Mar - EGM 12-Mar-2026: Re-appointed Bindi K. Mehta (MD), Vedant M. Mehta, Varsha M. Mehta; unanimous 60,500 votes.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd6ac530-047c-4e06-af79-2304f7a7f5b3.pdf) |
| 13 Jan - RTA confirms Reg 74(5) not applicable; all shares demat; no rematerialisation requests for quarter ended 31 Dec 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jan - RTA confirms Reg 74(5) not applicable; all shares demat; no rematerialisation requests for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2dec1b80-5b76-4b0b-8e50-2f52e8c64b00.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2da52a40-858e-429e-896e-3a284f45ee0c.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/596017f9-8b3a-4d0c-a00c-d791aba64b98.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c5507126-76aa-47ef-8664-76007e1ce0fa.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ea987553-4852-473e-9311-354886a43cb0.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e2f5bb6b-9080-40b0-aca8-11cdf5212f9f.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/560956b0-b12c-479c-912e-6003e00eceee.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cebb77f7-8bc6-4469-bdd7-f3281b7439d0.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/895b1e57-0505-4611-8d95-af3126830676.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ccc359f0-9bde-49ad-9fec-7eb0ac16c73b.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/812e613a-a25c-4821-b68f-51f2864f88b9.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_RSWM_2010_2011_21092011044747.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34813b2a-1c00-418b-b5bf-6d261a62a33c.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5857da59-9851-4462-894a-70bbc70c082b.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/65bf7392-dc44-48e3-963a-2d57bf5c2f34.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b705d99b-5663-4cb3-82e7-7c5ace25303b.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/123ec85b-56fa-4f97-81c6-ade55212dcf7.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500350/74251500350.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500350/69635500350.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/500350/64957500350.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/500350/5003500319.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 2026-09-13T18:23:25.412Z.