V.L.InfraprojectsShare price, financial results, shareholding and management

NSE Emerge · VLINFRAConstructionListed 30 July 2024IPO ₹42
vlil.in ↗Live price on NSE ↗ISIN INE0QXL01015 · Lot 1,500 shares · ₹35,100
₹23.40
0.00% on the day
Close · 6 Nov 2026
Valuation
Market cap
₹37 cr
Stock P/E
4.4peers 7.8
Book value
₹32
Price to book
0.73
EV / operating profit
3.7
Market cap to sales
0.25
Returns and growth
ROCE · FY26
22.4%
ROE · FY26
18.3%
ROE, 3-year average
29.0%
Operating margin · FY26
10.8%peers 14.8%
Sales growth, 3 years
48.2%
Profit growth, 3 years
61.5%
Safety
Debt to equity
0.56peers 0.45
Borrowings
₹28.2 cr
Interest cover
3.7×
Cash from business / op. profit
-25%
Debtor days
56
Pledged
0.00%
Ownership and share
Promoter holding
65.70%
Change in promoter holding
+0.31 pts
Shareholders
903
52-week high / low
₹40 / ₹18
Dividend yield
0.00%
Face value
₹10

Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.

newboard is reading this company's filings. Its plain description, key points, management and study will appear here soon; the figures below are worked out from what it has filed.

V.L.Infraprojects share price chart

₹23.40-10.00% 1 year

Close on 6 Nov 2026 · 0.00% on the day · Vol 3,000

Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.

Share price returns

To the close of 6 Nov 2026

1 month
-5.8%
3 months
-19.4%
6 months
-29.1%
1 year
-10.0%
Since IPO
-44.3%
Traded a day, 20 days
₹0.02 cr
Taken for delivery
92%

Business growth

Sales and net profit, from the reported results

SalesProfit
FY26 on FY25+24%+20%
3 years, a year+48%+62%
Latest half, H2 FY26+26%+27%

V.L.Infraprojects revenue and profit growth

Half-yearly results · Profit and loss

Sales have grown fast. Last year profit grew roughly in step with sales.

Sales and net profit, every year, ₹ crore
SalesNet profit
050100150Sales, FY21: 31 ₹ cr31Net profit, FY21: 1 ₹ cr1FY21Sales, FY22: 36 ₹ cr36Net profit, FY22: 1 ₹ cr1FY22Sales, FY23: 46 ₹ cr46Net profit, FY23: 2 ₹ cr2FY23Sales, FY24: 114 ₹ cr114Net profit, FY24: 6 ₹ cr6FY24Sales, FY25: 121 ₹ cr121Net profit, FY25: 7 ₹ cr7FY25Sales, FY26: 150 ₹ cr150Net profit, FY26: 8.4 ₹ cr8.4FY26
The latest halves, ₹ crore
SalesNet profit
0255075100Sales, H1FY24: 51 ₹ cr51Net profit, H1FY24: 3 ₹ cr3H1FY24Sales, H2FY24: 51 ₹ cr51Net profit, H2FY24: 3 ₹ cr3H2FY24Sales, H1FY25: 52 ₹ cr52Net profit, H1FY25: 4 ₹ cr4H1FY25Sales, H2FY25: 68.7 ₹ cr68.7Net profit, H2FY25: 3.5 ₹ cr3.5H2FY25Sales, H1FY26: 62.8 ₹ cr62.8Net profit, H1FY26: 4 ₹ cr4H1FY26Sales, H2FY26: 86.9 ₹ cr86.9Net profit, H2FY26: 4.4 ₹ cr4.4H2FY26

SME companies report every six months. In the latest half, sales were higher than in the same half a year before.

V.L.Infraprojects half-yearly results

SME companies report every six months · ₹ crore

₹ crore · growth on the same half a year before
H1FY24H2FY24H1FY25H2FY25H1FY26H2FY26
Sales51515268.7162.8386.90
Expenses46464661.9155.2278.27
Operating profit5566.807.628.63
OPM11.0%11.0%12.0%9.9%12.1%9.9%
Interest1111.482.012.26
Depreciation0000.260.370.39
Profit before tax4455.175.306.20
Net profit3343.474.024.40

V.L.Infraprojects profit and loss

Full years to March, FY21 to FY26 · ₹ crore, consolidated where reported

₹ crore
FY21FY22FY23FY24FY25FY26
Sales313646114121.04149.74
Expenses283241103108.07133.49
Operating profit2351112.9716.24
OPM8.0%9.0%10.0%10.0%10.7%10.8%
Other income00000.180.29
Interest11122.614.27
Depreciation00000.470.76
Exceptional and other items··-1-1··
Profit before tax123810.0711.50
Tax rate0.0%50.0%33.3%25.0%30.3%26.8%
Net profit11267.028.42
EPS ₹3.034.052.965.414.905.36
Dividend payout0.0%0.0%0.0%0.0%0.0%0.0%

The years to FY24 come rounded to the nearest crore in the source.

Exceptional and other items: profit before tax beyond operating profit, other income, interest and depreciation, such as one-off items or a share of associates' profit, as reported.

V.L.Infraprojects profitability

Margins and returns on capital

Last year the company kept about as much from each rupee of sales as the year before. It earns a high return on the money it uses.

Operating margin, every year

Per cent of sales kept before interest, depreciation and tax

0%5%10%15%FY21: 8.0%8.0%FY21FY22: 9.0%9.0%FY22FY23: 10.0%10.0%FY23FY24: 10.0%10.0%FY24FY25: 10.7%10.7%FY25FY26: 10.8%10.8%FY26
Per cent
FY21FY22FY23FY24FY25FY26
Operating margin8.0%9.0%10.0%10.0%10.7%10.8%
Tax rate0.0%50.0%33.3%25.0%30.3%26.8%
ROCE·19.4%20.5%39.2%27.5%22.4%
ROE·14.3%21.1%44.4%24.2%18.3%
Dividend payout0.0%0.0%0.0%0.0%0.0%0.0%

V.L.Infraprojects debt and cash flow

Balance sheet · Cash flow · Working capital

The company's own money, its net worth, has grown fast. Its loans are smaller than its own money. Last year the business used more cash than it brought in. It spent more on assets and investments than the business brought in, and raised the rest from loans or shares. Customers take about as long to pay as they did in FY24.

Its own money and its borrowings, ₹ crore
Net worthBorrowings
0204060Net worth, FY21: 6 ₹ cr6Borrowings, FY21: 7 ₹ cr7FY21Net worth, FY22: 8 ₹ cr8Borrowings, FY22: 10 ₹ cr10FY22Net worth, FY23: 11 ₹ cr11Borrowings, FY23: 10 ₹ cr10FY23Net worth, FY24: 16 ₹ cr16Borrowings, FY24: 14 ₹ cr14FY24Net worth, FY25: 41.9 ₹ cr41.9Borrowings, FY25: 20.4 ₹ cr20.4FY25Net worth, FY26: 50.3 ₹ cr50.3Borrowings, FY26: 28.2 ₹ cr28.2FY26
Cash from the business against net profit, ₹ crore
Cash from the businessNet profit
-20-10010Cash from the business, FY21: 0 ₹ cr0Net profit, FY21: 1 ₹ cr1FY21Cash from the business, FY22: -2 ₹ cr-2Net profit, FY22: 1 ₹ cr1FY22Cash from the business, FY23: 1 ₹ cr1Net profit, FY23: 2 ₹ cr2FY23Cash from the business, FY24: 0 ₹ cr0Net profit, FY24: 6 ₹ cr6FY24Cash from the business, FY25: -15.4 ₹ cr-15.4Net profit, FY25: 7 ₹ cr7FY25Cash from the business, FY26: -4.1 ₹ cr-4.1Net profit, FY26: 8.4 ₹ cr8.4FY26

Bars below the line are cash going out.

V.L.Infraprojects balance sheet

At each 31 March · ₹ crore

₹ crore
FY21FY22FY23FY24FY25FY26
Equity capital3381115.7115.71
Reserves353526.2034.61
Net worth68111641.9150.33
Borrowings710101420.3528.16
Other liabilities3272722.9227.51
Total liabilities1620285785.18106
Fixed assets22237.237.31
Capital work in progress000100
Investments000000
Other assets1418265377.9598.69
Receivables····23.1823.12
Inventory····3.429.18
Cash····5.194.77
Trade payables····16.2613.41

V.L.Infraprojects cash flow

₹ crore

₹ crore
FY21FY22FY23FY24FY25FY26
Cash from operations0-210-15.39-4.10
Cash from investing-10-1-3-4.17-2.20
Cash from financing130322.544.40
Net cash flow01002.98-1.90
Capital spending····3.900.84

Working capital

Days

Days
FY21FY22FY23FY24FY25FY26
Debtor days675561537056
Inventory days484739152059
Days payable8030821177487
Cash conversion cycle357117-49-129
Working capital days778179459897

V.L.Infraprojects peers and competitors

Listed SME companies in the same industry

By sales, V.L.Infraprojects is number 25 of the 58 listed SME companies in construction.

Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.

CompanyMarket cap ₹ crP/ESales ₹ crProfit ₹ crOp. marginDebt/equity
Kay Cee Energy & Infra935.016418.819.3%0.73
HVAX Technologies21114.716414.310.4%0.47
Current Infraprojects17812.716014.114.5%0.41
Leapfrog Engineering Services28814.41522015.0%0.44
Oval Projects Engineering946.71501417.0%0.68
V.L.Infraprojects374.41508.410.8%0.56
Pratham EPC Projects20333.01406.28.1%0.51
Rachana Infrastructure606.013810.113.0%0.08
Winsol Engineers1258.713714.418.0%1.07
Mahendra Realtors & Infrastructure1256.91361815.0%0.11
H.M. Electro Mech686.81321011.0%0.20
Median of the 10 others1257.814514.214.8%0.45

V.L.Infraprojects shareholding pattern

Promoters, FIIs, DIIs, HNIs and small holders

The promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders is about the same.

Promoters
65.70%
+0.31 pts since Jul 24
Foreign investors (FIIs)
0.65%
-8.19 pts since Jul 24
Indian institutions (DIIs)
0.00%
at Mar 25; not in the latest pattern
HNIs (over ₹2 lakh each)
12.75%
+6.21 pts since Jul 24
Small holders (up to ₹2 lakh)
18.55%
+6.48 pts since Jul 24
Companies and others
2.35%
-1.03 pts since Jul 24
Number of shareholders
903
786 in Jul 24

V.L.Infraprojects shareholding pattern

Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.

Jul 24Sep 24Mar 25Sep 25Mar 26
Promoters65.39%65.39%65.39%65.39%65.70%
Foreign investors (FIIs)8.84%4.28%2.81%0.70%0.65%
Indian institutions (DIIs)3.78%0.92%0.00%--
HNIs (over ₹2 lakh each)6.54%9.37%11.16%12.22%12.75%
Small holders (up to ₹2 lakh)12.07%17.60%17.48%18.30%18.55%
Companies and others3.38%2.44%3.16%3.39%2.35%
Number of shareholders786725872913903

The named holders are at 31 March 2026, beside 30 Sept 2025, each under the group the pattern files them in.

V.L.Infraprojects latest news and announcements

Announcements · Documents · Corporate actions

What changed recently

Each half-year is set against the same half a year earlier

  • H2 FY26: sales ₹86.9 cr (+26%), net profit ₹4.4 cr (+27%) on H2 FY25.
  • Shareholding, 31 March 2026: promoters 65.39% to 65.70%.

V.L.Infraprojects annual reports, earnings calls and documents

Every document links to its source; “read” marks those this page is built from

V.L.Infraprojects share split, bonus and dividends

From the corporate actions the company announces on the exchange

No share split, bonus issue or dividend is on record since listing.

Checks we ran on V.L.Infraprojects' data · 10

Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.

  • !The two halves of FY24 as reported add up to sales of ₹102.00 cr, the full year to ₹114.00 cr; one of the filings may have been restated.
  • ✓Balance sheet totals add up for FY25 and FY26.
  • ✓Market cap uses the share count in the latest shareholding pattern (1,57,12,500 shares).
  • ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
  • ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
  • ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
  • ✓The two half-years of FY26 add up to the full-year sales.
  • !Earnings per share changes basis between FY22 (₹4.05) and FY23 (₹2.96) because the share count behind it changes; EPS is shown as reported, and growth is worked out on profit.
  • ✓Revenue and profit are reported for every year shown, FY21 to FY26.
  • iPrices run to the close on 14 Oct 2026, from the exchange's daily figures.

Questions people ask about V.L.Infraprojects

What does V.L.Infraprojects do?

V.L.Infraprojects is an SME company listed on NSE Emerge, in construction.

What is the share price of V.L.Infraprojects?

₹23.4 at the close on 6 Nov 2026, from the exchange's daily figures.

What is the market cap of V.L.Infraprojects?

₹37 cr at the close on 6 Nov 2026, on 1,57,12,500 shares.

What is the P/E of V.L.Infraprojects?

4.4 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).

What are V.L.Infraprojects' revenue and profit?

Revenue ₹150 cr and profit after tax ₹8 cr in FY26.

Who are the promoters of V.L.Infraprojects?

The promoter group; promoters held 65.70% at 31 March 2026.

What was the IPO price of V.L.Infraprojects?

₹42 a share; it listed on 30 July 2024.

What is V.L.Infraprojects' website?

www.vlil.in

More SME companies like V.L.Infraprojects

Other listed SME companies in construction, the closest in size first, each read from its own documents.

Every listed SME company in Construction → · SME companies listed in 2024 →

Built from 32 exchange announcements, 5 shareholding patterns and 6 years of reported results. Every figure carries its source; where the documents are silent, the page says so.