Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

Vascon Engineers Earnings Call: Key Takeaways

Vascon reports stable performance despite revenue decline, focusing on execution and liquidity. Management prioritizes cash flow over aggressive EPC growth while re-energizing the real estate segment under new leadership.

Why this was an Alfa AlertNot a filter event; revenue declined 12% YoY and performance was largely in line with normalized expectations.
Highlights
Revenue growth12% decline in revenue compared to FY25.
MarginsEBITDA at ₹87cr vs ₹100cr; aiming for 11-12% margins.
Order bookBacklog at ₹2717cr, approximately 2.9x FY26 EPC revenue.
Demand visibilityStrong EPC visibility through government projects; upcoming real estate launches.
Management confidenceBalanced; disciplined on EPC cash flows, optimistic on real estate.

Growth

EPC revenue slowed due to strategic non-funding of government projects with payment delays. Real estate remains stable but below brand potential.

Outlook

Targeting FY27 revenue of ₹1200cr; order backlog stands at ₹2717cr plus ₹500cr L1 status.

Risks

Risk of margin dilution in EPC; persistent payment delays in government projects could further stall execution.

Source

Earnings Call filed with NSE, NSE: VASCONEQ. Summary written with AI assistance from the document.

Read the document ↗

Vascon Engineers Ltd: key numbers

Share price
₹34.76
Market cap
₹805.4 Cr
Revenue (annual)
₹948.5 Cr
Net profit (annual)
₹48.90 Cr
P/E (TTM)
28.3×Sector 33.0×
Promoter holding
30.38%+0.00% QoQ
FII holding
0.33%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Vascon Engineers Ltd

All →
07:44 IST BSE
New Order Win

Vascon Engineers Bags ₹66.08 Cr Order from Qualcomm India Private Limited

Vascon Engineers Ltd secured a Rs.66.08 Crore contract from Qualcomm India for a 30-month office facility development project in Bengaluru.

Value
₹66.08 Cr
From
Qualcomm India Private Limited
Execution
30 months
07:36 IST NSE
New Order Win

Vascon Engineers Bags ₹660.8 Cr Order from Qualcomm India Private Limited

Vascon Engineers received a Rs. 660.79 Crore work order from Qualcomm India for an office facility in Bengaluru. The project will be completed within 30 months.

Value
₹660.8 Cr
From
Qualcomm India Private Limited
Execution
30 months