---
title: "V R Infraspace Ltd (VR) — Share Price, Financials & Analysis"
symbol: "VR"
company: "V R Infraspace Ltd"
canonical: "https://tapetide.com/stocks/VR"
isin: "INE0QQM01017"
nse_symbol: "VR"
sector: "Consumer Discretionary"
industry: "Realty"
market_cap_cr: 94.88
generated_at: "2026-09-13T19:52:38.612Z"
---

# V R Infraspace Ltd (VR)

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

## Company

- **NSE Symbol:** VR
- **ISIN:** INE0QQM01017
- **Sector:** Consumer Discretionary
- **Industry:** Realty
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2024-03-12
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vrinfraspace.in

## About

Incorporated in 2015, V R Infraspace Ltd is in the business of Real Estate and supervisory services to contractors.[1]

## Latest Price

- **Price:** ₹106.85
- **Change:** -5.6 (-4.98%)
- **Open:** ₹107
- **Day High:** ₹107
- **Day Low:** ₹106.85
- **Previous Close:** ₹112.45
- **Volume:** 1600
- **As Of:** 2026-09-09T07:17:27+00:00

## Key Fundamentals

Observed at 2026-09-11T04:43:00.991874Z.

- **Market Cap:** ₹94.88 Cr
- **Classification:** SME
- **P/E (reported):** 16.1
- **Book Value:** ₹45.28
- **Price to Book:** 2.36
- **Dividend Yield:** 0.28%
- **ROE:** 7.29%
- **ROCE:** 10.83%
- **Debt to Equity:** 0.79
- **Revenue (yearly):** ₹74.44 Cr
- **Net Income:** ₹5.9 Cr
- **EBITDA:** ₹11.24 Cr
- **52-Week High:** ₹219.9
- **52-Week Low:** ₹98
- **RSI (14):** 40.46

## Key Insights

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.48% over last 3 years.
- Company has high debtors of 154 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -813.47% | — | -758.5% |
| ebitda margin growth | -24.47% | -23.96% | -8.98% |
| net income growth | 96.67% | 17% | 40% |
| revenue growth | 125.58% | 60% | 42% |
| roce | 23.35% | -29.95% | 14.02% |
| roe | 14.26% | 11.43% | -6.9% |

## 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 | 9.18 | 7.27 | 11.74 | 13.14 | 18.51 | 18.77 | 55.67 |
| Expenses | 7.72 | 6.16 | 9.3 | 10.95 | 15.65 | 15.47 | 47.72 |
| Operating Profit | 1.46 | 1.11 | 2.44 | 2.19 | 2.86 | 3.3 | 7.95 |
| OPM % | 15.9 | 15.27 | 20.78 | 16.67 | 15.45 | 17.58 | 14.28 |
| Other Income | 0.13 | 0.25 | 0.01 | 0.23 | 1.1 | 0.1 | 1.99 |
| Interest | 0.36 | 0.12 | 0.31 | 0.08 | 2.02 | 1.16 | 3.95 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.08 |
| Profit before tax | 1.22 | 1.23 | 2.13 | 2.32 | 1.92 | 2.22 | 5.91 |
| Tax % | 6.56 | 25.2 | 31.92 | 28.02 | 30.73 | 26.58 | 27.75 |
| Net Profit | 1.23 | 1.04 | 1.61 | 1.68 | 1.34 | 1.63 | 4.27 |
| EPS in Rs | 1.88 | 1.6 | 1.53 | 1.02 | 1.24 | 1.3 | 3.12 |

### 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 | 12.78 | 13.05 | 18.04 | 18.69 | 31.42 | 74.44 |
| Expenses | 9.68 | 10.92 | 15.12 | 15.12 | 26.35 | 63.18 |
| Operating Profit | 3.1 | 2.13 | 2.92 | 3.57 | 5.07 | 11.26 |
| OPM % | 24.26 | 16.32 | 16.19 | 19.1 | 16.14 | 15.13 |
| Other Income | 0.07 | 0.13 | 0.45 | 0.32 | 1.31 | 2.08 |
| Interest | 2.35 | 1.46 | 0.72 | 0.43 | 2.1 | 5.11 |
| Depreciation | 0.02 | 0.03 | 0.02 | 0.02 | 0.04 | 0.11 |
| Profit before tax | 0.8 | 0.77 | 2.63 | 3.44 | 4.24 | 8.12 |
| Tax % | 15 | 19.48 | 6.46 | 28.78 | 29.25 | 27.34 |
| Net Profit | 0.72 | 0.8 | 2.46 | 2.64 | 3.02 | 5.91 |
| EPS in Rs | 1.11 | 1.23 | 3.78 | 2.69 | 2.26 | 4.41 |
| Dividend Payout % | 0 | 0 | 0 | 11.15 | 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 | 6.48 | 6.48 | 6.48 | 8.88 | 8.88 | 8.88 |
| Reserves | 2.22 | 3.01 | 5.27 | 25.66 | 27.41 | 31.33 |
| Borrowings | 16.76 | 10.38 | 9.72 | 5.49 | 17.2 | 31.71 |
| Other Liabilities | 29.33 | 29.34 | 7.07 | 49.8 | 48.29 | 40.56 |
| Total Liabilities | 54.79 | 49.21 | 28.54 | 89.83 | 101.78 | 112.48 |
| Fixed Assets | 0.04 | 0.06 | 0.03 | 0.05 | 0.22 | 9.66 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4.09 | 4.26 | 4.4 | 0.52 | 0.46 | 0.47 |
| Other Assets | 50.66 | 44.89 | 24.11 | 89.26 | 101.1 | 102.35 |
| Total Assets | 54.79 | 49.21 | 28.54 | 89.83 | 101.78 | 112.48 |

### 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 | 4.12 | 6.28 | 1.64 | -2.97 | -27.13 | -1.77 |
| Cash from Investing Activity | 2.48 | -0.17 | -0.26 | -3.85 | 1.01 | -7.68 |
| Cash from Financing Activity | -4.12 | -9.29 | -1.23 | 27.03 | 9.35 | 9.94 |
| Net Cash Flow | 2.48 | -3.17 | 0.15 | 20.22 | -16.78 | 0.5 |
| Free Cash Flow | 4.1 | 6.24 | 1.64 | -3.01 | -27.33 | -11.32 |
| CFO/OP | 137 | 302 | 62 | -63 | -511 | -1 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 622.61 | 650.57 | 190.8 | 136.7 | 243.14 | 153.52 |
| Inventory Days | 4209.67 | 1404.27 | 338.13 | — | 1727.09 | 405.67 |
| Days Payable | 679.46 | 468.79 | 182.05 | — | 953.63 | 190.58 |
| Cash Conversion Cycle | 4152.82 | 1586.05 | 346.88 | 136.7 | 1016.6 | 368.61 |
| Working Capital Days | 314.16 | 194.11 | 324.53 | 430.42 | 616.62 | 292.33 |
| ROCE % | — | 9.84 | 16.1 | 11.22 | 12.44 | 19.2 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 100% | 72.97% | 72.97% | 72.97% | 72.97% | 72.97% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 25.28% | 25.69% | 25.92% | 25.95% | 26.03% |
| Others | 0% | 1.75% | 1.33% | 1.11% | 1.08% | 1% |
| No. of Shareholders | 7 | 1207 | 283 | 326 | 350 | 352 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 112.44 | Sell |
| EMA (10) | 113.24 | Sell |
| SMA (20) | 125.49 | Sell |
| EMA (20) | 118.2 | Sell |
| SMA (50) | 126.21 | Sell |
| EMA (50) | 126.1 | Sell |
| SMA (100) | 138.8 | Sell |
| EMA (100) | 139.25 | Sell |
| SMA (200) | 164.67 | Sell |
| EMA (200) | 166.13 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 40.45 | Neutral |
| MACD (12,26,9) | -5.25 | Sell |
| Stochastic (14,3,3) | 18.6 | Buy |
| ADX (14) | 22.46 | Neutral |
| Williams %R (14) | -84.99 | Buy |
| ATR (14) | 5.78 | High Volatility |
| ROC (12) | -29.38 | Sell |
| Stoch RSI (14) | 17.85 | Buy |
| UO (7,14,28) | 38.43 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Published newspaper ads on 9 Sep 2026 for 11th AGM notice dispatch completion and e-voting information. | [Copy of Newspaper Publication 9 Sep - Published newspaper ads on 9 Sep 2026 for 11th AGM notice dispatch completion and e-voting information.](https://nsearchives.nseindia.com/corporate/VRIL_09092026121008_VRIL_Post_Dispatch_Adv.pdf) |
| 9 April 2026 - Promoters disclosed no encumbrance on shares as of March 31, 2026. | [Disclosure under SEBI Takeover Regulations 9 April 2026 - Promoters disclosed no encumbrance on shares as of March 31, 2026.](https://nsearchives.nseindia.com/corporate/team_sandeshc_07042026114959_Acquition12.pdf) |
| 8 April 2026 - Share capital audit report for quarter ended March 31, 2026; no demat requests pending. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 April 2026 - Share capital audit report for quarter ended March 31, 2026; no demat requests pending.](https://nsearchives.nseindia.com/corporate/VRIL_08042026180235_Cover_RSC_0326.pdf) |
| 7 July 2026 - Submitted Regulation 74(5) depository compliance certificate for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 July 2026 - Submitted Regulation 74(5) depository compliance certificate for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/VRIL_07072026113528_VRIL.pdf) |
| 6 April 2026 - RTA issued Regulation 74(5) confirmation certificate for quarter ended March 31, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 April 2026 - RTA issued Regulation 74(5) confirmation certificate for quarter ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/VRIL_06042026120415_VRIL26.pdf) |
| 4 Sep - Newspaper ads published for 11th AGM on September 23, 2026; e-voting details announced. | [Copy of Newspaper Publication 4 Sep - Newspaper ads published for 11th AGM on September 23, 2026; e-voting details announced.](https://nsearchives.nseindia.com/corporate/VRIL_04092026133602_Pre_Dispatch_VRIL.pdf) |
| 31 Jul - Board approved corporate guarantee for Daxon Realty’s INR 9.35 crore loan from Indian Bank. | [Giving guarantees/indemnity/ becoming a surety for third party 31 Jul - Board approved corporate guarantee for Daxon Realty’s INR 9.35 crore loan from Indian Bank.](https://nsearchives.nseindia.com/corporate/VRIL_31072026132023_CG.pdf) |
| 30 Jul - Trading window closed until 48 hours after July 31, 2026 board meeting. | [Trading Window 30 Jul - Trading window closed until 48 hours after July 31, 2026 board meeting.](https://nsearchives.nseindia.com/corporate/VRIL_30072026160414_twc.pdf) |
| 30 April 2026 - Company confirms it is not a Large Corporate; outstanding borrowing was Rs. 11.89 crore on March 31, 2026. | [Updates 30 April 2026 - Company confirms it is not a Large Corporate; outstanding borrowing was Rs. 11.89 crore on March 31, 2026.](https://nsearchives.nseindia.com/corporate/VRIL_30042026161558_LC.pdf) |
| 3 Sep - 11th AGM on Sept 29, 2026; votes on auditor appointment, related party transactions, and Rs.300 crore limits. | [Shareholders meeting 3 Sep - 11th AGM on Sept 29, 2026; votes on auditor appointment, related party transactions, and Rs.300 crore limits.](https://nsearchives.nseindia.com/corporate/VRIL_03092026173922_VRIL_11AGM.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31321_VR_2025_2026_A_1702135_03092026210352.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28154_VR_2024_2025_A_5466798_02092025164413.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26282_VR_2023_2024_02102024113746.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 2026-09-13T19:52:38.612Z.