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 marks 40 years with a transition quarter, navigating temporary revenue declines in EPC while aggressively pivoting toward higher-margin Real Estate under new leadership.

Why this was an Alfa AlertNot a filter event. Revenue and PAT declined compared to the previous fiscal year.
Highlights
Revenue growth12% YoY decline due to strategic caution in EPC segment execution.
MarginsEPC margins expected at 11-12%; Real Estate margins tracking higher.
Order bookBacklog of ₹2,717cr; 79% from government-backed projects providing payment security.
Demand visibilityStrong EPC order book visibility with ₹2,717cr backlog (2.9x revenue).
Management confidenceBalanced; cautious on EPC cash flows but bullish on Real Estate pivot.

Growth

Revenue fell 12% YoY due to strategic non-funding of cash-strapped government clients, prioritizing fiscal discipline over top-line growth.

Outlook

Targeting FY27 revenue of ₹1,200cr with EPC crossing ₹1,000cr and Real Estate hitting ₹200cr.

Risks

Significant cash flow stress in Bihar and Sindhudurg government projects; debt rose ₹85cr to support real estate inventory.

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