---
title: "V.L.Infraprojects Ltd (VLINFRA) — Share Price, Financials & Analysis"
symbol: "VLINFRA"
company: "V.L.Infraprojects Ltd"
canonical: "https://tapetide.com/stocks/VLINFRA"
isin: "INE0QXL01015"
nse_symbol: "VLINFRA"
sector: "Industrials"
industry: "Construction"
market_cap_cr: 42.42
generated_at: "2026-09-13T18:47:50.237Z"
---

# V.L.Infraprojects Ltd (VLINFRA)

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

## Company

- **NSE Symbol:** VLINFRA
- **ISIN:** INE0QXL01015
- **Sector:** Industrials
- **Industry:** Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-07-30
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vlil.in

## About

Incorporated in 2014, VL Infraprojects Ltd
 is in the business of construction, laying 
and commissioning contracts in various infrastructure projects like irrigation and
 water supply etc.[1]

## Latest Price

- **Price:** ₹26.15
- **Change:** -0.85 (-3.15%)
- **Open:** ₹26.15
- **Day High:** ₹26.15
- **Day Low:** ₹26.15
- **Previous Close:** ₹27
- **Volume:** 1500
- **As Of:** 2026-09-11T09:15:51+00:00

## Key Fundamentals

Observed at 2026-09-11T04:52:56.534521Z.

- **Market Cap:** ₹42.42 Cr
- **Classification:** SME
- **P/E (reported):** 5
- **Book Value:** ₹32.03
- **Price to Book:** 0.84
- **Dividend Yield:** 0%
- **ROE:** 16.75%
- **ROCE:** 26.07%
- **Debt to Equity:** 0.55
- **Revenue (yearly):** ₹149.74 Cr
- **Net Income:** ₹8.43 Cr
- **EBITDA:** ₹16.25 Cr
- **52-Week High:** ₹39.6
- **52-Week Low:** ₹18
- **RSI (14):** 49.34

## Tapetide Score

- **Score:** 61 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 90.4 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 41.12 | 9% |
| growth | 73.34 | 9% |
| momentum | 69.55 | 12% |
| ownership | 52.02 | 24% |
| quality | 64.42 | 22% |
| valuation | 65.19 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.82 times its book value
- Company has delivered good profit growth of 58.9% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Contingent liabilities of Rs.15.6 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| ebitda margin growth | -0.18% | 12.93% | 20.87% |
| net income growth | 20.43% | 56% | 59% |
| revenue growth | 23.55% | 49% | 37% |
| roce | -50.41% | -24.26% | 33.37% |
| roe | -55.11% | 25.28% | 24.63% |

## 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 | 51 | 51 | 52 | 69 | 63 | 87 |
| Expenses | 46 | 46 | 46 | 62 | 55 | 78 |
| Operating Profit | 5 | 5 | 6 | 7 | 8 | 9 |
| OPM % | 11 | 11 | 12 | 10 | 12 | 10 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 4 | 4 | 5 | 5 | 5 | 6 |
| Tax % | 28 | 28 | 28 | 33 | 24 | 29 |
| Net Profit | 3 | 3 | 4 | 3 | 4 | 4 |
| EPS in Rs | 4.17 | 2.78 | 2.26 | 2.21 | 2.56 | 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 | 31 | 36 | 46 | 114 | 121 | 150 |
| Expenses | 28 | 32 | 41 | 103 | 108 | 134 |
| Operating Profit | 2 | 3 | 5 | 11 | 13 | 16 |
| OPM % | 8 | 9 | 10 | 10 | 11 | 11 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 2 | 3 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 1 | 2 | 3 | 8 | 10 | 12 |
| Tax % | 30 | 28 | 28 | 28 | 30 | 27 |
| Net Profit | 1 | 1 | 2 | 6 | 7 | 8 |
| EPS in Rs | 3.03 | 4.05 | 2.96 | 5.41 | 4.47 | 5.36 |
| 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 | 3 | 3 | 8 | 11 | 16 | 16 |
| Reserves | 3 | 5 | 3 | 5 | 26 | 35 |
| Borrowings | 7 | 10 | 10 | 14 | 20 | 28 |
| Other Liabilities | 4 | 2 | 8 | 27 | 23 | 28 |
| Total Liabilities | 16 | 20 | 28 | 57 | 85 | 106 |
| Fixed Assets | 2 | 2 | 2 | 3 | 7 | 7 |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 14 | 17 | 26 | 53 | 78 | 99 |
| Total Assets | 16 | 20 | 28 | 57 | 85 | 106 |

### 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 | -2 | 1 | 0 | -15 | -4 |
| Cash from Investing Activity | -1 | 0 | -1 | -3 | -4 | -2 |
| Cash from Financing Activity | 1 | 3 | 0 | 3 | 23 | 4 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 3 | -2 |
| Free Cash Flow | -1 | -3 | 1 | -3 | -19 | -5 |
| CFO/OP | 28 | -68 | 33 | 19 | -99 | -8 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 67 | 55 | 61 | 53 | 53 | 56 |
| Inventory Days | 48 | 47 | 39 | 15 | 20 | 59 |
| Days Payable | 80 | 30 | 82 | 117 | 74 | 87 |
| Cash Conversion Cycle | 35 | 71 | 17 | -49 | -1 | 29 |
| Working Capital Days | 77 | 81 | 79 | 45 | 98 | 97 |
| ROCE % | — | 19 | 24 | 41 | 27 | 22 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 90.91% | 65.39% | 65.39% | 65.39% | 65.7% |
| FIIs | 0% | 4.28% | 2.81% | 0% | 0% |
| DIIs | 0% | 0.04% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 26.97% | 28.64% | 30.52% | 31.3% |
| Others | 9.09% | 3.32% | 3.16% | 4.09% | 3% |
| No. of Shareholders | 7 | 725 | 872 | 913 | 903 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 27.09 | Sell |
| EMA (10) | 26.87 | Sell |
| SMA (20) | 26.73 | Sell |
| EMA (20) | 26.97 | Sell |
| SMA (50) | 27.25 | Sell |
| EMA (50) | 27.22 | Sell |
| SMA (100) | 27.39 | Sell |
| EMA (100) | 27.47 | Sell |
| SMA (200) | 27.08 | Sell |
| EMA (200) | 29.47 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.97 | Neutral |
| MACD (12,26,9) | -0.14 | Sell |
| Stochastic (14,3,3) | 50.67 | Neutral |
| ADX (14) | 9.29 | Neutral |
| Williams %R (14) | -66 | Neutral |
| ATR (14) | 0.88 | High Volatility |
| ROC (12) | -1.32 | Sell |
| Stoch RSI (14) | 5.36 | Buy |
| UO (7,14,28) | 49.9 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 July 2026 - V.L. Infraprojects to hold a virtual group analyst/investor meeting on July 17, 2026 at 3:00 PM IST. | [Analysts/Institutional Investor Meet/Con. Call Updates 9 July 2026 - V.L. Infraprojects to hold a virtual group analyst/investor meeting on July 17, 2026 at 3:00 PM IST.](https://nsearchives.nseindia.com/corporate/VLINFRA_09072026145534_InvestorMeeting17072026.pdf) |
| 8 June 2026 - Audio recording shared for June 8, 2026 earnings call on audited FY26 standalone results. | [Analysts/Institutional Investor Meet/Con. Call Updates 8 June 2026 - Audio recording shared for June 8, 2026 earnings call on audited FY26 standalone results.](https://nsearchives.nseindia.com/corporate/VLINFRA_08062026192326_AudioRecording.pdf) |
| 7 June 2026 - FY26 investor presentation ahead of June 8, 2026 earnings call; standalone results show ₹150.02 crore income. | [Investor Presentation 7 June 2026 - FY26 investor presentation ahead of June 8, 2026 earnings call; standalone results show ₹150.02 crore income.](https://nsearchives.nseindia.com/corporate/VLINFRA_07062026211915_Presentation07062026.pdf) |
| 7 Aug - Board appointed cost auditor and internal auditor on August 7, 2026 for FY2026-27. | [Change in Auditors 7 Aug - Board appointed cost auditor and internal auditor on August 7, 2026 for FY2026-27.](https://nsearchives.nseindia.com/corporate/VLINFRA_07082026170248_Outcome.pdf) |
| 7 Aug - Board appointed cost auditor and internal auditor for FY 2026-27 on August 7, 2026. | [Outcome of Board Meeting 7 Aug - Board appointed cost auditor and internal auditor for FY 2026-27 on August 7, 2026.](https://nsearchives.nseindia.com/corporate/VLINFRA_07082026165720_Outcome.pdf) |
| 7 April 2026 - Regulation 74(5) certificate filed for quarter ended March 31, 2026; no physical share certificates received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 April 2026 - Regulation 74(5) certificate filed for quarter ended March 31, 2026; no physical share certificates received.](https://nsearchives.nseindia.com/corporate/VLINFRA_07042026174952_Reg74_5_.pdf) |
| 7 April 2026 - Company to hold a virtual group analyst/investor meeting on 13 April 2026 at 3:00 PM. | [Analysts/Institutional Investor Meet/Con. Call Updates 7 April 2026 - Company to hold a virtual group analyst/investor meeting on 13 April 2026 at 3:00 PM.](https://nsearchives.nseindia.com/corporate/VLINFRA_07042026124728_InvestorsMeeting.pdf) |
| 5 March 2026 - Analyst/institutional investor group meeting on March 12, 2026 at 11:00 AM IST (virtual). | [Analysts/Institutional Investor Meet/Con. Call Updates 5 March 2026 - Analyst/institutional investor group meeting on March 12, 2026 at 11:00 AM IST (virtual).](https://nsearchives.nseindia.com/corporate/VLINFRA_05032026195253_InvestorMeeting12032026.pdf) |
| 4 Sep - Published notice for 12th AGM on September 29, 2026 via VC/OAVM. | [Copy of Newspaper Publication 4 Sep - Published notice for 12th AGM on September 29, 2026 via VC/OAVM.](https://nsearchives.nseindia.com/corporate/VLINFRA_04092026183301_NewspaperAdvertisement.pdf) |
| 31 Aug - V.L.Infraprojects Limited has informed regarding Outcome of Board Meeting held on August 31, 2026. | [Outcome of Board Meeting 31 Aug - V.L.Infraprojects Limited has informed regarding Outcome of Board Meeting held on August 31, 2026.](https://nsearchives.nseindia.com/corporate/VLINFRA_31082026173052_OutcomeBM.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31269_VLINFRA_2025_2026_A_7162020_03092026181718.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28816_VLINFRA_2024_2025_A_10473812_06092025191413.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25981_VLINFRA_2023_2024_0609202416355.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2025 | [Concall - Feb 2025](https://nsearchives.nseindia.com/corporate/VLINFRA_22022025181005_InvestorPresentation.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://nsearchives.nseindia.com/corporate/VLINFRA_22022025163047_InvestorPresentation.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 2026-09-13T18:47:50.237Z.