V R InfraspaceShare price, financial results, shareholding and management
- Market cap
- ₹78 cr
- Stock P/E
- 13.2peers 18.4
- Book value
- ₹45.3
- Price to book
- 1.94
- EV / operating profit
- 9.3
- Market cap to sales
- 1.05
- ROCE · FY26
- 21.1%
- ROE · FY26
- 15.5%
- ROE, 3-year average
- 11.8%
- Operating margin · FY26
- 15.2%peers 12.8%
- Sales growth, 3 years
- 60.2%
- Profit growth, 3 years
- 33.9%
- Debt to equity
- 0.79peers 0.12
- Borrowings
- ₹31.7 cr
- Interest cover
- 2.6×
- Cash from business / op. profit
- -16%
- Debtor days
- 154
- Pledged
- 0.00%
- Promoter holding
- 72.97%
- Change in promoter holding
- 0.00 pts
- Shareholders
- 352
- 52-week high / low
- ₹200 / ₹88
- 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 R Infraspace share price chart
Close on 6 Nov 2026 · -3.77% on the day · Vol 800
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
- -8.3%
- 3 months
- -39.2%
- 6 months
- -40.4%
- 1 year
- -55.3%
- Since IPO
- +3.5%
- Traded a day, 20 days
- ₹0.01 cr
- Taken for delivery
- 98%
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +136% | +96% |
| 3 years, a year | +60% | +34% |
| Latest half, H2 FY26 | +201% | +219% |
V R Infraspace revenue and profit growth
Half-yearly results · Profit and lossSales have grown very fast. Last year profit grew more slowly than sales, so the profit kept from each rupee of sales slipped.
SME companies report every six months. In the latest half, sales were higher than in the same half a year before. Profit grew faster than sales.
V R Infraspace half-yearly results
SME companies report every six months · ₹ crore
| H2FY23 | H1FY24 | H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|---|---|
| Sales | 9.18 | 7.27 | 11.74 | 13.14 | 18.51 | 18.77 | 55.67 |
| Expenses | 7.72 | 6.16 | 9.30 | 10.95 | 15.65 | 15.47 | 47.72 |
| Operating profit | 1.46 | 1.11 | 2.44 | 2.19 | 2.86 | 3.30 | 7.95 |
| OPM | 15.9% | 15.3% | 20.8% | 16.7% | 15.4% | 17.6% | 14.3% |
| 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 |
| Net profit | 1.23 | 1.04 | 1.61 | 1.68 | 1.34 | 1.63 | 4.27 |
V R Infraspace profit and loss
Full years to March, FY21 to FY26 · ₹ crore, consolidated where reported
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Sales | 12.78 | 13.05 | 18.04 | 18.69 | 31.42 | 74.14 |
| Expenses | 9.68 | 10.92 | 15.12 | 15.12 | 26.35 | 62.88 |
| Operating profit | 3.10 | 2.13 | 2.92 | 3.57 | 5.07 | 11.26 |
| OPM | 24.3% | 16.3% | 16.2% | 19.1% | 16.1% | 15.2% |
| Other income | 0.07 | 0.13 | 0.45 | 0.32 | 1.31 | 2.08 |
| Interest | 2.35 | 1.46 | 0.72 | 0.43 | 2.10 | 5.11 |
| Depreciation | 0.02 | 0.03 | 0.02 | 0.02 | 0.04 | 0.11 |
| Profit before tax | 0.80 | 0.77 | 2.63 | 3.44 | 4.24 | 8.12 |
| Tax rate | 10.0% | -3.9% | 6.5% | 23.3% | 28.8% | 27.2% |
| Net profit | 0.72 | 0.80 | 2.46 | 2.64 | 3.02 | 5.91 |
| EPS ₹ | 1.11 | 1.23 | 3.78 | 2.69 | 2.26 | 4.41 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 11.2% | 0.0% | 0.0% |
A tax rate above 60% or below zero (FY22) comes from tax charged on a small or negative profit, as reported.
V R Infraspace profitability
Margins and returns on capitalLast 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
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Operating margin | 24.3% | 16.3% | 16.2% | 19.1% | 16.1% | 15.2% |
| Tax rate | 10.0% | -3.9% | 6.5% | 23.3% | 28.8% | 27.2% |
| ROCE | · | 9.8% | 16.2% | 12.6% | 13.6% | 21.1% |
| ROE | · | 8.8% | 23.2% | 11.4% | 8.5% | 15.5% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 11.2% | 0.0% | 0.0% |
V R Infraspace debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown. It borrowed much more last year. 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.
Bars below the line are cash going out.
V R Infraspace balance sheet
At each 31 March · ₹ crore
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| 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 |
| Net worth | 8.70 | 9.49 | 11.75 | 34.54 | 36.29 | 40.21 |
| Borrowings | 16.76 | 10.38 | 9.72 | 5.49 | 17.20 | 31.71 |
| Other liabilities | 29.33 | 29.34 | 7.07 | 49.80 | 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 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4.09 | 4.26 | 4.40 | 0.52 | 0.46 | 0.46 |
| Other assets | 50.66 | 44.89 | 24.11 | 89.26 | 101.10 | 102.36 |
| Receivables | · | · | · | · | 20.93 | 31.31 |
| Inventory | · | · | · | · | 73.91 | 62.24 |
| Cash | · | · | · | · | 4.24 | 4.73 |
| Trade payables | · | · | · | · | 40.81 | 28.64 |
V R Infraspace cash flow
₹ crore
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Cash from operations | 4.12 | 6.28 | 1.64 | -2.97 | -27.13 | -1.77 |
| Cash from investing | 2.48 | -0.17 | -0.26 | -3.85 | 1.01 | -7.68 |
| Cash from financing | -4.12 | -9.29 | -1.23 | 27.03 | 9.35 | 9.94 |
| Net cash flow | 2.48 | -3.18 | 0.15 | 20.21 | -16.77 | 0.49 |
| Capital spending | · | · | · | · | 0.20 | 9.55 |
Working capital
Days
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Debtor days | 623 | 651 | 191 | 137 | 243 | 154 |
| Inventory days | 4,210 | 1,404 | 338 | · | 1,727 | 484 |
| Days payable | 679 | 469 | 182 | · | 954 | 227 |
| Cash conversion cycle | 4,153 | 1,586 | 347 | 137 | 1,017 | 411 |
| Working capital days | 314 | 194 | 325 | 430 | 617 | 292 |
V R Infraspace peers and competitors
Listed SME companies in the same industryBy sales, V R Infraspace is number 6 of the 18 listed SME companies in realty.
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.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| Mason Infratech | 239 | 10.9 | 131 | 22 | 26.0% | 0.68 |
| Active Infrastructures | 259 | 25.3 | 96.6 | 10.2 | 16.6% | 0.67 |
| Justo Realfintech | 149 | 7.8 | 92 | 19 | 30.0% | 0.12 |
| V R Infraspace | 78 | 13.2 | 74.1 | 5.9 | 15.2% | 0.79 |
| P. E. Analytics | 203 | 13.0 | 46.8 | 15.7 | 30.9% | 0.00 |
| Shantidoot Infra Services | 106 | 73.7 | 45 | 1.4 | 9.0% | - |
| Homesfy Realty | 43 | - | 40.3 | -20.5 | -49.8% | 0.00 |
| SBL Infratech | 4 | 23.8 | 36.1 | 0.2 | 0.5% | 0.05 |
| SVS Ventures | 12 | 11.7 | 16.8 | 1 | 5.6% | 0.00 |
| Unishire Urban Infra | 3 | - | 15.5 | -0.7 | -2.5% | 0.70 |
| Bhanderi Infracon | 32 | 87.7 | 3.9 | 0.4 | 17.6% | 1.99 |
| Median of the 10 others | 75 | 18.4 | 42.7 | 1.2 | 12.8% | 0.12 |
V R Infraspace shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders is about the same.
V R Infraspace 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.
| Mar 24 | Sep 24 | Mar 25 | Sep 25 | Mar 26 | Sep 26 | |
|---|---|---|---|---|---|---|
| Promoters | 72.97% | 72.97% | 72.97% | 72.97% | 72.97% | 72.97% |
| Foreign investors (FIIs) | 0.00% | 0.00% | 0.00% | - | - | - |
| Indian institutions (DIIs) | 0.00% | 0.00% | 0.00% | - | - | - |
| HNIs (over ₹2 lakh each) | 16.16% | 15.10% | 14.91% | 14.83% | 14.79% | 14.75% |
| Small holders (up to ₹2 lakh) | 9.12% | 10.59% | 11.01% | 11.12% | 11.24% | 11.27% |
| Companies and others | 1.75% | 1.34% | 1.11% | 1.08% | 1.00% | 1.01% |
| Number of shareholders | 340 | 283 | 326 | 350 | 352 | 352 |
The named holders are at 30 Sept 2026, beside 31 March 2026, each under the group the pattern files them in.
V R Infraspace latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹55.7 cr (+201%), net profit ₹4.3 cr (+219%) on H2 FY25.
- Shareholding, 30 Sept 2026: promoters unchanged at 72.97%.
- 7 Oct 2026: order worth ₹1.45 cr announced.
V R Infraspace announcements
26 on record, latest first; each opens the filing on the exchange
- Bagging/Receiving of orders/contractsreceipt of Letter from the Superintending Engineer s office (Panchayat R & B Circle-2), RajkotPDF ↗
- Giving guarantees/indemnity/ becoming a surety for third partyCorporate GuaranteePDF ↗
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Certificate under SEBI (Depositories and Participants) Regulations, 2018PDF ↗
- Shareholders meetingSrutinizers report of Annual General Meeting held on September 29, 2026. Further, the company has informed the Exchange regarding voting resultsPDF ↗
- Shareholders meetingProceedings of Annual General Meeting held on September 29, 2026PDF ↗
- Trading WindowClosure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015PDF ↗
- Copy of Newspaper PublicationPost Dispatch Newspaper advertisementsPDF ↗
- Copy of Newspaper PublicationPre Dispatch Newspaper advertisementsPDF ↗
- Shareholders meetingNotice of Annual General Meeting to be held on September 29, 2026PDF ↗
- Change in AuditorsOf the companyPDF ↗
- Giving guarantees/indemnity/ becoming a surety for third partythat the Board of Directors of the Company at its meeting held today, i.e., September 02, 2026 (which commenced at 17:30 IST and concluded at 18:20 IST), inter-PDF ↗
- Updates'Withdrawal of Proposed Acquisition of Balance 5% Stake in Daxon Realty Limited'PDF ↗
V R Infraspace annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
V R Infraspace share split, bonus and dividends
From the corporate actions the company announces on the exchange
- DividendDIVIDEND - RE 0.30 PER SHAREex-date 19 Sept 2024
Checks we ran on V R Infraspace's 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.
- !For FY25, FY26, H2FY25, H1FY26, H2FY26 the exchange filing's profit lines do not add up as read, so the figures shown are from the results page instead.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (88,80,000 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 moves in line with profit across the years shown.
- ✓Revenue and profit are reported for every year shown, FY21 to FY26.
- iPrices run to the close on 30 Sept 2026, from the exchange's daily figures.
Questions people ask about V R Infraspace
What does V R Infraspace do?
V R Infraspace is an SME company listed on NSE Emerge, in realty.
What is the share price of V R Infraspace?
₹88 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of V R Infraspace?
₹78 cr at the close on 6 Nov 2026, on 88,80,000 shares.
What is the P/E of V R Infraspace?
13.2 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).
What are V R Infraspace's revenue and profit?
Revenue ₹74 cr and profit after tax ₹6 cr in FY26.
Who are the promoters of V R Infraspace?
The promoter group; promoters held 72.97% at 30 Sept 2026.
What was the IPO price of V R Infraspace?
₹85 a share; it listed on 12 March 2024.
What is V R Infraspace's website?
www.vrinfraspace.in
More SME companies like V R Infraspace
Other listed SME companies in realty, the closest in size first, each read from its own documents.
- Shantidoot Infra ServicesSISL · BSE SME · RealtyMarket cap ₹101 cr
- Homesfy RealtyHOMESFY · NSE Emerge · Realty · listed 2023Market cap ₹47 cr
- Justo RealfintechJUSTO · BSE SME · RealtyMarket cap ₹152 cr
- Bhanderi InfraconBHANDERI · BSE SME · RealtyMarket cap ₹33 cr
- Mason InfratechMASON · NSE Emerge · Realty · listed 2024Market cap ₹199 cr
- P. E. AnalyticsPROPEQUITY · NSE Emerge · Realty · listed 2022Market cap ₹201 cr
Every listed SME company in Realty → · SME companies listed in 2024 →
Built from 26 exchange announcements, 6 shareholding patterns and 6 years of reported results. Every figure carries its source; where the documents are silent, the page says so.