Vascon Engineers Limited (VASCONEQ) AI Stock Analysis

• Market Cap: ₹13.10B
• Dividend Yield: 0.64%
• Average Volume (3M): 471.04K
• Price to Earnings (P/E): 9.1
• Beta (1Y): 1.65
• Revenue Growth: -0.49%
• EPS Growth: 115.68%
• Country: IN
• Employees: 752
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 0.99
• Shares Outstanding: 226,287,110
• 10 Day Avg. Volume: 1,068,756
• 30 Day Avg. Volume: 471,035
• PEG Ratio: 0.07
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 0.81
• P/FCF Ratio: -64.96
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹56.00
• Price Target Upside: -3.26% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: ₹56.00 ▼(-3.26% Downside)

The overall stock score for Vascon Engineers Limited is driven primarily by its strong financial performance and attractive valuation. The company's robust revenue and profit growth, coupled with a low P/E ratio, indicate potential for future appreciation. However, mixed technical indicators suggest caution in the short term. The absence of earnings call data and corporate events does not impact the score significantly.

Vascon Engineers Limited Business Overview & Revenue Model

Company Description

Vascon Engineers Limited is an Indian construction and engineering company that operates in the real estate, industrial, and infrastructure sectors. Established in 1986, the company is engaged in the development of residential, commercial, and industrial projects. Vascon Engineers is known for its integrated approach, offering services from design to construction and project management, ensuring comprehensive project execution. The company's portfolio includes residential complexes, IT parks, malls, multiplexes, hospitality projects, and factories, reflecting its diversified presence in the construction industry.

How the Company Makes Money

Vascon Engineers Limited generates revenue primarily through its construction and real estate development activities. The company's revenue streams are categorized into three main areas: Engineering, Procurement, and Construction (EPC) contracts, real estate development, and project management services. In the EPC segment, Vascon undertakes contracts for building infrastructure and industrial projects, earning money through long-term contracts and commissions. The real estate development segment involves the sale and leasing of residential and commercial properties, providing a steady influx of income from property sales and rental agreements. Additionally, Vascon offers project management services, where it charges fees for overseeing construction projects on behalf of clients. Partnerships with government bodies, corporations, and other developers also play a crucial role in expanding its project portfolio and boosting revenue.

Vascon Engineers Limited Financial Statement Overview

Summary

Vascon Engineers Limited has shown robust revenue and profit growth, particularly in the latest fiscal year, indicating strong operational performance. While the balance sheet is stable with a healthy equity base, the fluctuations in cash flow metrics suggest potential challenges in cash management. Overall, the company appears well-positioned in the engineering and construction industry, but it should focus on maintaining consistent cash flow generation to support sustainable growth.

Income Statement

Vascon Engineers Limited has demonstrated a strong revenue growth trajectory with a notable increase in total revenue from ₹4,829 million in 2020 to ₹10,904 million in 2025. The gross profit margin remains healthy, although there was a slight decline in gross profit from 2024 to 2025. The company has successfully improved its net profit margin and EBIT margin over the years, reflecting enhanced operational efficiency and profitability. However, the sharp increase in EBIT in 2025 compared to 2024 indicates a significant improvement in operational performance.

Balance Sheet

The company's balance sheet reflects a stable financial position with increasing stockholders' equity and total assets. The debt-to-equity ratio has improved, indicating better leverage management. The equity ratio has remained strong, suggesting good financial health. However, the company's total debt level, while manageable, has seen fluctuations that could pose potential risks if not controlled.

Cash Flow

The cash flow statement shows fluctuations in free cash flow, with a significant negative free cash flow in 2025 compared to previous years. Operating cash flow has improved from a negative position in 2024 to a positive in 2025, indicating better cash generation from operations. Nonetheless, the free cash flow to net income ratio indicates that the company may face challenges in converting profits into free cash flow consistently.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.57B	10.90B	10.34B	9.98B	6.51B	4.83B
Gross Profit	1.86B	1.78B	1.93B	2.02B	1.28B	1.28B
EBITDA	1.72B	1.00B	1.05B	1.08B	713.30M	752.41M
Net Income	1.30B	1.30B	668.92M	974.91M	351.86M	395.88M
Balance Sheet
Total Assets	21.28B	21.28B	18.62B	16.49B	14.90B	13.56B
Cash, Cash Equivalents and Short-Term Investments	2.34B	2.34B	349.73M	645.30M	613.57M	442.41M
Total Debt	2.06B	2.06B	1.94B	1.42B	1.65B	2.57B
Total Liabilities	10.36B	10.36B	8.67B	7.25B	6.66B	6.12B
Stockholders Equity	10.93B	10.93B	9.81B	9.12B	8.11B	7.34B
Cash Flow
Free Cash Flow	0.00	-135.90M	-487.83M	617.37M	182.72M	328.51M
Operating Cash Flow	0.00	47.60M	-285.08M	1.04B	332.81M	375.19M
Investing Cash Flow	0.00	680.80M	-75.65M	-319.83M	-126.61M	-270.53M
Financing Cash Flow	0.00	269.00M	268.28M	-441.27M	-221.40M	-344.94M

Vascon Engineers Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 57.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VASCONEQ, the sentiment is Neutral. The current price of 57.89 is above the 20-day moving average (MA) of 57.78, above the 50-day MA of 54.54, and above the 200-day MA of 48.60, indicating a bullish trend. The MACD of 2.41 indicates Negative momentum. The RSI at 51.06 is Neutral, neither overbought nor oversold. The STOCH value of 40.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:VASCONEQ.

Vascon Engineers Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DVL	71 Outperform	12.62B	8.68	4.52%	1.39%	13.53%	-20.34%
ROHLTD	68 Neutral	14.28B	28.92	20.47%	0.48%	9.24%	3.74%
VASCONEQ	67 Neutral	₹13.10B	9.15	―	0.64%	-0.49%	115.68%
SATINDLTD	66 Neutral	9.54B	19.02	7.58%	0.36%	19.70%	-75.69%
CREST	65 Neutral	10.21B	15.65	7.41%	0.28%	-17.41%	-37.56%
VAKRANGEE	55 Neutral	8.88B	116.81	3.29%	0.61%	22.93%	22.73%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Vascon Engineers Limited Corporate Events

Vascon Engineers Releases Investor Presentation Post Board Meeting

Vascon Engineers Limited has released an investor presentation following a board meeting, aimed at providing stakeholders with updated insights into the company’s strategies and future plans. This presentation reflects the company’s commitment to transparency and its focus on creating a better future, potentially impacting its operations and market positioning positively.