V.L.Infraprojects Ltd
Incorporated in 2014, VL Infraprojects Ltd
is in the business of construction, laying
and commissioning contracts in various infrastructure projects like irrigation and
water supply etc.[1]
- Market Cap ₹ 83.1 Cr.
- Current Price ₹ 52.9
- High / Low ₹ 141 / 40.0
- Stock P/E 13.5
- Book Value ₹ 24.5
- Dividend Yield 0.00 %
- ROCE 39.5 %
- ROE 46.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.9%
- Company's working capital requirements have reduced from 132 days to 91.3 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Sector: Infrastructure Developers & Operators Industry: Construction
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 31 | 36 | 46 | 114 | |
| 28 | 32 | 41 | 103 | |
| Operating Profit | 2 | 3 | 5 | 11 |
| OPM % | 8% | 9% | 10% | 10% |
| 0 | 0 | 0 | 0 | |
| Interest | 1 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 3 | 9 |
| Tax % | 30% | 28% | 28% | 28% |
| 1 | 1 | 2 | 6 | |
| EPS in Rs | 3.03 | 4.05 | 2.96 | 5.43 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 55% |
| TTM: | 150% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 95% |
| TTM: | 175% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| Last Year: | 46% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 8 | 11 | 16 |
| Reserves | 3 | 5 | 3 | 5 | 23 |
| 7 | 10 | 10 | 17 | 14 | |
| 4 | 2 | 8 | 24 | 15 | |
| Total Liabilities | 16 | 20 | 28 | 57 | 68 |
| 2 | 2 | 2 | 3 | 4 | |
| CWIP | 0 | 0 | 0 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 14 | 17 | 26 | 53 | 63 | |
| Total Assets | 16 | 20 | 28 | 57 | 68 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 0 | -2 | 1 | -2 | |
| -1 | -0 | -1 | -2 | |
| 1 | 3 | -0 | 5 | |
| Net Cash Flow | -0 | 0 | 0 | 1 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 67 | 55 | 61 | 53 |
| Inventory Days | 48 | 47 | 39 | 15 |
| Days Payable | 80 | 30 | 82 | 106 |
| Cash Conversion Cycle | 35 | 71 | 17 | -38 |
| Working Capital Days | 123 | 160 | 146 | 91 |
| ROCE % | 19% | 24% | 40% |
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
17 April 2025 - Outcome of analyst/investor meetings; no UPSI shared.
-
Updates
16 April 2025 - Exemption from corporate governance provisions due to SME listing.
-
Analysts/Institutional Investor Meet/Con. Call Updates
12 April 2025 - Schedule of analyst/investor meeting on April 17, 2025.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
8 April 2025 - Certificate under SEBI Regulation 74(5) for dematerialization, March 2025 quarter.
-
Analysts/Institutional Investor Meet/Con. Call Updates
27 March 2025 - Management held virtual analyst/investor meeting at Bharat Connect Conference on March 27, 2025.
Business Overview:[1]
a) VLIPL is an ISO 9001:2015, ISO 14001:2015 and, ISO 45001:2018 certified co.
b) Company executes water supply and sewerage infrastructure projects involving procurement of pipes and their laying, joining, and commissioning with backward integration.
c) This includes all allied civil engineering works like construction of civil work, pumping stations and installation of electro-mechanical equipment’s (pumping machinery) for distribution of water supply from the river to household.
d) Its services encompass all aspects of road construction, irrigation, water infrastructure, environmental projects.
e) Company also provides operations & maintenance services for the water distribution pipelines.