---
title: "Veegaland Developers (VEEGALAND) Share Price, Financials & Research"
symbol: "VEEGALAND"
company: "Veegaland Developers Ltd"
canonical: "https://tapetide.com/stocks/VEEGALAND"
isin: "INE1JTV01015"
nse_symbol: "VEEGALAND"
bse_code: "544923"
sector: "Consumer Discretionary"
industry: "Realty"
generated_at: "2026-11-05T01:31:12.817Z"
---

# Veegaland Developers (VEEGALAND)

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

## Key Facts

- **Price:** ₹132.61 as of 4 Nov 2026, 15:29 IST
- **P/E (TTM):** 13.53 as of 4 Nov 2026
- **Revenue, Jun 2026 quarter:** ₹74.32 Cr, against ₹41.50 Cr in Jun 2025 (+79.08% year on year)
- **Net profit, Jun 2026 quarter:** ₹9.72 Cr, against ₹3.21 Cr in Jun 2025 (+202.80% year on year)
- **Promoter holding:** 66.50% in Sep 2026, a change of -25.50 percentage points from Dec 2025

## Company

- **NSE symbol:** VEEGALAND
- **BSE code:** 544923
- **ISIN:** INE1JTV01015
- **Macro sector:** Consumer Discretionary
- **Sector:** Consumer Discretionary
- **Industry:** Realty
- **Basic industry:** Residential, Commercial Projects
- **In the F&O segment:** No

## Latest Price

- **Price:** ₹132.61
- **Change:** No trade today
- **Previous Close:** ₹132.61
- **As of:** 4 Nov 2026, 15:29 IST

## Key Fundamentals

Price-based figures as of 4 Nov 2026, 15:29 IST · TTM.

- **ROCE:** 14.10%
- **Debt to Equity:** 0.32
- **EPS (TTM):** ₹9.80
- **Book Value:** ₹97.83
- **P/E (TTM):** 13.53
- **P/B:** 1.36
- **ROE:** 16.00%
- **Dividend Yield:** 0.00%
- **EBITDA:** ₹42.60 Cr
- **52W High:** ₹154.00
- **52W Low:** ₹124.00

## Peer Comparison

Classification: Consumer Discretionary › Realty › Residential, Commercial Projects

| Company | Price | P/E | Market Cap | P/B | Div Yield | ROE | ROCE | Sales TTM | Net Profit TTM |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| [DLF Ltd (DLF)](https://tapetide.com/stocks/DLF) | ₹720.00 | 39.02 | ₹1,76,861 Cr | 3.91 | 1.13% | 9.50% | 6.32% | ₹6,375 Cr | ₹4,567 Cr |
| [Lodha Developers Ltd (LODHA)](https://tapetide.com/stocks/LODHA) | ₹1,122.00 | 27.17 | ₹1,09,477 Cr | 4.51 | 0.40% | 15.50% | 16.40% | ₹18,181 Cr | ₹4,129 Cr |
| [Phoenix Mills Ltd (PHOENIXLTD)](https://tapetide.com/stocks/PHOENIXLTD) | ₹2,079.50 | 58.10 | ₹73,757 Cr | 8.17 | 0.12% | 11.00% | 12.40% | ₹4,545 Cr | ₹1,629 Cr |
| [Prestige Estates Projects Ltd (PRESTIGE)](https://tapetide.com/stocks/PRESTIGE) | ₹1,580.00 | 59.74 | ₹67,457 Cr | 4.18 | 0.13% | 7.53% | 10.40% | ₹13,053 Cr | ₹1,265 Cr |
| [Oberoi Realty Ltd (OBEROIRLTY)](https://tapetide.com/stocks/OBEROIRLTY) | ₹1,710.90 | 23.64 | ₹61,958 Cr | 3.26 | 0.24% | 14.60% | 17.30% | ₹6,214 Cr | ₹2,632 Cr |
| [Godrej Properties Ltd (GODREJPROP)](https://tapetide.com/stocks/GODREJPROP) | ₹1,739.00 | 32.73 | ₹51,392 Cr | 2.71 | 0.60% | 8.82% | 7.63% | ₹5,203 Cr | ₹1,591 Cr |
| [Brigade Enterprises Ltd (BRIGADE)](https://tapetide.com/stocks/BRIGADE) | ₹541.10 | 25.40 | ₹17,553 Cr | 2.47 | 0.38% | 10.50% | 10.50% | ₹5,532 Cr | ₹784 Cr |
| [Veegaland Developers Ltd (VEEGALAND)](https://tapetide.com/stocks/VEEGALAND) (this company) | ₹132.61 | 13.53 | ₹649 Cr | 1.36 | 0.00% | 16.00% | 14.10% | ₹288 Cr | ₹33 Cr |
| Median of 8 companies | ₹1,351.00 | 29.95 | ₹64,707 Cr | 3.59 | 0.31% | 10.75% | 11.45% | ₹5,873 Cr | ₹1,610 Cr |

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company might be capitalizing the interest cost
- Debtor days have increased from 50.8 to 65.7 days.

## Technical Indicators

As of 4 Nov 2026.

| Group | Signal | Bearish | Neutral | Bullish |
| --- | --- | ---: | ---: | ---: |
| Overall | Bullish | 2 | 13 | 4 |
| Oscillators | Neutral | 1 | 7 | 1 |
| Moving Averages | Bullish | 1 | 6 | 3 |

### Oscillators: Neutral

| Name | Value | Signal |
| --- | ---: | --- |
| RSI (14) | 46.79 | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | 46.22 | Neutral |
| ADX (14) | 16.50 | Neutral |
| Williams %R (14) | -45.51 | Neutral |
| ATR (14) | 5.58 | Neutral |
| ROC (12) | 2.30 | Bullish |
| Stoch RSI (14) | 96.25 | Bearish |
| UO (7,14,28) | 50.23 | Neutral |

### Moving Averages: Bullish

| Name | Value | Signal |
| --- | ---: | --- |
| SMA (10) | 130.08 | Bullish |
| EMA (10) | 131.21 | Bullish |
| SMA (20) | 131.28 | Bullish |
| EMA (20) | 133.12 | Bearish |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Pivot Points

| Level | Classic | Fibonacci | Camarilla |
| --- | ---: | ---: | ---: |
| R3 | 138.02 | 136.00 | 133.63 |
| R2 | 136.00 | 134.58 | 133.29 |
| R1 | 134.30 | 133.70 | 132.95 |
| PP | 132.28 | 132.28 | 132.28 |
| S1 | 130.58 | 130.86 | 132.27 |
| S2 | 128.56 | 129.98 | 131.93 |
| S3 | 126.86 | 128.56 | 131.59 |

## Growth Rate

Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure.

| Metric | Window | Growth | What it compares |
| --- | --- | ---: | --- |
| Revenue | 3Y | 32.05% | compounded annual rate, Mar 2023 to Mar 2026 |
| Revenue | 1Y | 30.73% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Net profit | 3Y | 21.64% | compounded annual rate, Mar 2023 to Mar 2026 |
| Net profit | 1Y | 35% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating cash flow | 3Y | Turned negative | compounded annual rate, Mar 2023 to Mar 2026: ₹42.00 Cr to -₹74.00 Cr. A cash inflow at the start and an outflow at the end. |
| Operating cash flow | 1Y | Outflow widened | fiscal year to Mar 2026 vs the year to Mar 2025: -₹44.00 Cr to -₹74.00 Cr. A cash outflow at both ends, larger at the end. |
| Operating margin | 3Y | -5.56 pp | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating margin | 1Y | -0.09 pp | fiscal year to Mar 2026 vs the year to Mar 2025 |

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

## Financial Statements

### Quarterly Results

Figures in ₹ crore unless the row name gives another unit.

| Item | Jun 2025 | Mar 2026 | Jun 2026 |
| --- | ---: | ---: | ---: |
| Sales | 41.5 | 70.33 | 74.32 |
| Expenses | 35.9 | 57.56 | 61.31 |
| Operating Profit | 5.6 | 12.77 | 13.01 |
| OPM % | 13.49% | 18.16% | 17.51% |
| Other Income | 0.5 | 1.56 | 1.3 |
| Interest | 1.67 | 1.51 | 1.1 |
| Depreciation | 0.14 | 0.22 | 0.22 |
| Profit before tax | 4.29 | 12.6 | 12.99 |
| Tax % | 25.17% | 26.98% | 25.17% |
| Net Profit | 3.21 | 9.19 | 9.72 |
| EPS in Rs | 6.42 | 2.72 | 2.88 |

### Profit & Loss

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Sales | 109 | 111 | 192 | 251 |
| Expenses | 86 | 98 | 162 | 212 |
| Operating Profit | 23 | 13 | 30 | 39 |
| OPM % | 21% | 12% | 16% | 16% |
| Other Income | 1 | 4 | 4 | 3 |
| Interest | 4 | 5 | 5 | 6 |
| Depreciation | 0 | 0 | 0 | 1 |
| Profit before tax | 19 | 11 | 28 | 36 |
| Tax % | 25% | 30% | 28% | 26% |
| Net Profit | 15 | 8 | 20 | 27 |
| EPS in Rs | 29.06 | 15.74 | 40.86 | 7.88 |
| Dividend Payout % | 0% | 0% | 0% | 0% |

### Balance Sheet

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Equity Capital | 5 | 5 | 5 | 34 |
| Reserves | 32 | 40 | 60 | 233 |
| Borrowings | 122 | 120 | 177 | 86 |
| Other Liabilities | 37 | 56 | 84 | 131 |
| Total Liabilities | 196 | 221 | 327 | 484 |
| Fixed Assets | 2 | 2 | 3 | 23 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 194 | 219 | 324 | 461 |
| Total Assets | 196 | 221 | 327 | 484 |

### Cash Flow

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | 42 | 9 | -44 | -74 |
| Cash from Investing Activity | 1 | 2 | 0 | -20 |
| Cash from Financing Activity | -19 | -7 | 52 | 78 |
| Net Cash Flow | 24 | 4 | 7 | -16 |
| Free Cash Flow | 42 | 8 | -45 | -95 |
| CFO/OP | 197 | 97 | -143 | -149 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Debtor Days | 21 | 35 | 52 | 66 |
| Cash Conversion Cycle | 21 | 35 | 52 | 66 |
| Working Capital Days | 103 | 339 | 242 | 284 |
| ROCE % | — | 10% | 16% | 14% |

## Shareholding Pattern

### Quarterly Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Dec 2025 | Sep 2026 |
| --- | ---: | ---: |
| Promoters | 92.00% | 66.50% |
| FIIs | 0.00% | 2.38% |
| DIIs | 0.00% | 11.25% |
| Government | 0.00% | 0.00% |
| Public | 0.00% | 15.51% |
| Others | 8.00% | 4.37% |
| No. of Shareholders | 64 | 50,660 |

## Documents

### Concalls

| Month | Call documents |
| --- | --- |
| Oct 2026 | [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee723d31-0651-4bdd-8f85-c7afbcde61b7.pdf) |

### Results

| Date | Document |
| --- | --- |
| 6 Oct 2026 | [Results - Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2e8d44eb-cd36-4b02-8753-3fb8b40871ea.pdf) |

### Credit ratings

| Date | Document |
| --- | --- |
| 7 Oct 2026 | [Credit rating update — ICRA](https://www.icra.in/Rationale/ShowRationaleReport/?Id=146186) |

### Exchange filings

Latest 12 of 15.

| Date | Document | Category |
| --- | --- | --- |
| 30 Oct 2026 | [Change In Corporate Identification Number](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b996c6ea-817c-40f8-9267-256b3dc508da.pdf) | General announcements |
| 27 Oct 2026 | [Board Meeting Intimation for Approval Of Unaudited Standalone Financial Results For The Quarter And Half Year Ended September 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=73d49ca4-205b-4c89-aac7-798e98b89d4b.pdf) | Intimation |
| 26 Oct 2026 | [Launch Of Residential Project "Veegaland Fortune"](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e01800c9-bc01-4b9c-84ff-dbd102de0e83.pdf) | General announcements |
| 7 Oct 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5fd50d47-f10a-47a2-96ef-66fa75866311.pdf) | General announcements |
| 7 Oct 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4384ab2-5b0e-458c-962e-6f1b8cd49c54.pdf) | General announcements |
| 7 Oct 2026 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f23d19d-827c-4036-941a-74ecd992e43a.pdf) | General announcements |
| 6 Oct 2026 | [Board Meeting Outcome for Outcome Of Board Meeting Held For Adoption Of Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b83e70cf-a1c4-4b42-adc8-43f07a27eb05.pdf) | Outcome |
| 6 Oct 2026 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8b708ff-4729-4e88-b7ec-fb7fe6947511.pdf) | General announcements |
| 28 Sep 2026 | [Board Meeting Intimation for Adoption Of Financial Results Of The Company For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7157877-420f-44ac-8875-4ad9bf0bb630.pdf) | Intimation |
| 23 Sep 2026 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60BAD34A_5272_420C_8AA4_5E63AE0A608A_110106.pdf) | General |
| 23 Sep 2026 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8303e098-82d6-4d04-9164-114c5d40696f.pdf) | Intimation |
| 18 Sep 2026 | [Intimation Under Regulation 6(1) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7871b719-c493-452e-92f3-123d70c38425.pdf) | General announcements |

## Frequently Asked Questions about Veegaland Developers

### What does Veegaland Developers Ltd do?

Incorporated in 2007, Veegaland Developers Limited is engaged in real estate development, focusing on residential, commercial, and mixed-use projects.

### Where is Veegaland Developers Ltd (VEEGALAND) listed?

Veegaland Developers Ltd trades as VEEGALAND on the NSE and under code 544923 on the BSE.

### Which sector does Veegaland Developers Ltd belong to?

Veegaland Developers Ltd is classified under the Consumer Discretionary sector, in the Realty industry.

### What is the PE ratio of Veegaland Developers Ltd?

Veegaland Developers Ltd trades at a PE ratio of 13.53 as of 4 Nov 2026, on earnings per share of ₹9.8, against a book value of ₹97.83 per share.

### What is the 52-week high and low of Veegaland Developers Ltd?

Over the last 52 weeks Veegaland Developers Ltd has traded between ₹124 and ₹154 as of 4 Nov 2026.

### What is the Return on Equity (ROE) of Veegaland Developers Ltd?

Veegaland Developers Ltd reported a return on equity of 16.00%. Its debt-to-equity ratio is 0.32.

## Company Information

Incorporated in 2007, Veegaland Developers Limited is engaged in real estate development, focusing on residential, commercial, and mixed-use projects.

- **Website:** https://veegaland.com/
- **Listed:** 18 Sep 2026
- **Face Value:** ₹10

---

Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time.

Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text.

For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Generated 5 Nov 2026, 07:01 IST.