Vruddhi Engineering Works Ltd
Incorporated in 2020, Vruddhi Engineering
Works Ltd provides mechanical splicing solutions to the real estate, construction, and infrastructure industry[1]
- Market Cap ₹ 58.7 Cr.
- Current Price ₹ 233
- High / Low ₹ 250 / 139
- Stock P/E 27.2
- Book Value ₹ 37.2
- Dividend Yield 0.00 %
- ROCE 27.0 %
- ROE 26.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 35.8 days to 63.5 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 0.00 | 2.21 | 13.07 | 21.82 | 31.80 | 31.37 | |
| 0.01 | 2.07 | 11.72 | 20.55 | 28.68 | 27.15 | |
| Operating Profit | -0.01 | 0.14 | 1.35 | 1.27 | 3.12 | 4.22 |
| OPM % | 6.33% | 10.33% | 5.82% | 9.81% | 13.45% | |
| 0.00 | 0.00 | 0.02 | 0.35 | 0.03 | 0.04 | |
| Interest | 0.00 | 0.00 | 0.14 | 0.41 | 0.47 | 0.46 |
| Depreciation | 0.00 | 0.02 | 0.22 | 0.41 | 0.64 | 0.81 |
| Profit before tax | -0.01 | 0.12 | 1.01 | 0.80 | 2.04 | 2.99 |
| Tax % | 0.00% | 25.00% | 25.74% | 28.75% | 26.96% | |
| -0.01 | 0.09 | 0.75 | 0.57 | 1.49 | 2.16 | |
| EPS in Rs | -10.00 | 90.00 | 118.48 | 3.09 | 5.90 | 8.56 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 143% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 155% |
| TTM: | 293% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| Last Year: | 27% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.06 | 1.84 | 2.52 | 2.52 |
| Reserves | -0.01 | 0.09 | 2.06 | 0.85 | 5.93 | 6.88 |
| 0.02 | 0.48 | 3.24 | 2.90 | 4.55 | 4.10 | |
| 0.01 | 0.42 | 2.47 | 5.90 | 3.26 | 3.67 | |
| Total Liabilities | 0.03 | 1.00 | 7.83 | 11.49 | 16.26 | 17.17 |
| 0.00 | 0.31 | 1.37 | 1.94 | 3.15 | 3.55 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| 0.03 | 0.69 | 6.45 | 9.54 | 13.10 | 13.61 | |
| Total Assets | 0.03 | 1.00 | 7.83 | 11.49 | 16.26 | 17.17 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -0.02 | -0.04 | -2.32 | 1.40 | -3.53 | |
| 0.01 | -0.33 | -0.42 | -0.97 | -1.84 | |
| 0.02 | 0.45 | 3.02 | -0.64 | 5.61 | |
| Net Cash Flow | 0.01 | 0.09 | 0.28 | -0.21 | 0.24 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 80.93 | 147.45 | 100.20 | 92.05 | |
| Inventory Days | 0.00 | 9.36 | 16.80 | 18.03 | 6.12 |
| Days Payable | 35.10 | 75.03 | 72.60 | 29.03 | |
| Cash Conversion Cycle | 55.19 | 89.22 | 45.62 | 69.14 | |
| Working Capital Days | 16.52 | 26.25 | 17.73 | 63.47 | |
| ROCE % | 40.00% | 38.72% | 22.10% | 27.00% |
Documents
Announcements
- Financial Results - September 30, 2025 13 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting
13 Nov - Unaudited H1 results: Revenue Rs1,341.01L, PAT Rs106.27L; board approved November 13, 2025.
-
Board Meeting Intimation for Board Meeting Intimation
5 Nov - Board meeting Nov 13, 2025 to approve H1 results ended Sep 30, 2025; trading window closed.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Oct
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1 Oct
Business Overview:[1][2]
VEWL is in trading of couplers, threading services and crimping services for couplers, trading, importing and exporting of engineered construction products, MS products and construction machinery and spares. It design and engineer the rebar couplers as per customer's requirement and manufactured by a third-party manufacturer.