
About Veeram Infra Engineering
Veeram Infra Engineering is a publicly listed company based in Ahmedabad (India) founded in 1994. Offset and commercial printing services are provided for businesses. Its Indian entity Vivid Mercantile Limited reported revenue of βΉ48.64 Cr. Veeram Infra Engineering offers products and services including Infrastructure Engineering and Consulting Services. Its focus areas include Print Services.
Company details
Veeram Infra Engineering was established in 1994 in Ahmedabad, India. Offset and commercial printing services are delivered to various businesses within the printing sector. Operations focus on standard printing needs, including offset techniques for commercial applications. The company is managed by Satishkumar R Gajjar, who serves as Managing Director and Chief Financial Officer. Activities remain centered in Ahmedabad, supporting local and regional clients.
- Headquarters Ahmedabad, India
- Stage Public
- SectorsBusiness Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website veeraminfra.com
- Legal Name Vivid Mercantile Limited
- Date of Incorporation 04 Mar, 1994
- Jurisdiction Ahmedabad, Gujarat, India
- Market Cap₹70.48 Cr
VIVIDM · BSE
- Share Price₹6.97
-0.85% today
- Revenue₹46.91 Cr
FY 2025-26 · +242.2% YoY
- EBITDA₹11.29 Cr
Margin 24.1%
- Net Profit₹10.78 Cr
FY 2025-26 · +686.9% YoY
- P/E (TTM)7.4x
P/B 1.2x
- ROE19.6%
ROCE 23.1%
- Debt / Equity0.02
Interest cover 0.0x
Associated legal entities of Veeram Infra Engineering
Veeram Infra Engineering operates through Vivid Mercantile Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vivid Mercantile Limited Listed CIN L74110GJ1994PLC021483 | Active | 04 Mar 1994 | Ahmedabad, Gujarat | ₹48.6 Cr | 8 | View details |
Products & Services of Veeram Infra Engineering
Veeram Infra Engineering offers a comprehensive portfolio of products and services, including Infrastructure Engineering and Consulting Services.
Infrastructure engineering services are provided for construction and related projects.
Consulting services are offered for industrial and engineering needs.
Board of directors of Vivid Mercantile Limited (Veeram Infra Engineering)
Vivid Mercantile Limited is the primary company behind Veeram Infra Engineering. The board of Vivid Mercantile Limited currently have 6 directors; the longest-serving is Satishkumar Ramanlal Gajjar, appointed in 2001. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satishkumar Ramanlal Gajjar DIN 05254111 | Managing Director | 10 Jul 2001 | 25 yrs 4 mo | Vivid Mercantile Limited |
| Geetaben Satishbhai Gajjar DIN 05254107 | Whole-time director | 05 Sep 2003 | 23 yrs 2 mo | Vivid Mercantile Limited |
| Dhaval Satishkumar Gajjar DIN 07772542 | Director | 30 Dec 2017 | 8 yrs 10 mo | Vivid Mercantile Limited |
| Umeshbhai Rasiklal Gor DIN 08845586 | Director | 06 Sep 2022 | 4 yrs 2 mo | Vivid Mercantile Limited |
| Ayush Manishbhai Shah DIN 10225078 | Director | 08 Jul 2023 | 3 yrs 4 mo | Vivid Mercantile Limited |
| Jaymin Rakeshkumar Shah DIN 10221501 | Director | 08 Jul 2023 | 3 yrs 4 mo | Vivid Mercantile Limited |
People of Veeram Infra Engineering
1 people are tracked at Veeram Infra Engineering (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Managing Director & Chief Financial Officer | Leadership |
Complete people profiles for Veeram Infra Engineering
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Veeram Infra Engineering
Veeram Infra Engineering is a publicly listed company on the BSE with ticker symbol VIVIDM in India, operating in the Trading sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date23 Oct 2018
- Listed onBSE: 542046
- Listed entityVivid Mercantile Limited
- Exchange sectorTrading
Financials of Veeram Infra Engineering
Exchange-reported figures of Vivid Mercantile Limited, the listed company behind Veeram Infra Engineering (BSE: VIVIDM).
Financial Highlights
FY 2025-26 Β· StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 46.91 | 13.71 | 9.73 | 4.42 | 17.87 | 16.97 | 30.01 |
| Revenue growth | +242.2% | +40.9% | +120.1% | -75.3% | +5.3% | -43.5% | - |
| EBITDA | 11.29 | (1.44) | (3.63) | (0.40) | 0.09 | 0.05 | 0.00 |
| EBITDA margin | +24.1% | -10.5% | -37.3% | -9.1% | +0.5% | +0.3% | 0.0% |
| Profit before tax | 13.01 | 1.59 | 14.95 | 4.50 | 5.19 | 3.63 | (0.05) |
| Net profit | 10.78 | 1.37 | (3.12) | 0.19 | 0.02 | (0.03) | 0.46 |
| Net profit margin | +23.0% | +10.0% | -32.1% | +4.3% | +0.1% | -0.2% | +1.5% |
| EPS (βΉ) | 1.08 | 1.37 | 12.94 | 4.33 | 4.68 | 3.57 | (0.05) |
| Balance sheet | |||||||
| Total assets | 56.27 | 56.22 | 56.85 | 33.01 | 25.84 | 20.48 | 16.90 |
| Net worth | 56.21 | 53.72 | 52.35 | 29.55 | 25.21 | 20.48 | 16.91 |
| Total debt | 0.07 | 2.51 | 4.51 | 3.47 | 0.63 | 0.00 | 0.00 |
| Cash & bank | 2.27 | 0.11 | 0.11 | 0.17 | 0.03 | 0.15 | 0.08 |
| Net working capital | 22.11 | 33.72 | 29.10 | 13.50 | 16.08 | 9.70 | 4.54 |
| Cash flow | |||||||
| Cash from operations | 28.01 | (6.26) | (21.28) | (12.75) | (6.89) | (1.43) | 1.56 |
| Cash from investing | (15.13) | 8.24 | 9.26 | 10.33 | 6.14 | 1.50 | 0.22 |
| Cash from financing | (10.71) | (1.99) | 11.96 | 2.56 | 0.63 | 0.00 | (1.82) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.71 | 2.08 | 13.60 | 30.26 | 1.37 | 1.69 | 2.30 | 1.89 |
| Revenue growth (YoY) | +170.8% | +23.1% | +491.3% | +1501.1% | +315.2% | -82.2% | - | - |
| Other income | 0.03 | 3.20 | 1.72 | 0.01 | 0.00 | 0.00 | 2.05 | 0.68 |
| Total expenses | 3.14 | 4.67 | 13.09 | 22.25 | (0.02) | 0.30 | 4.27 | 1.81 |
| EBITDA | 0.57 | (2.59) | 0.51 | 8.01 | 1.39 | 1.39 | (1.97) | 0.08 |
| EBITDA margin | +15.4% | -124.5% | +3.8% | +26.5% | +101.5% | +82.2% | -85.7% | +4.2% |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | (0.01) | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.60 | 0.61 | 2.22 | 8.02 | 1.39 | 1.39 | 0.09 | 0.75 |
| Tax | 0.09 | 0.09 | 0.78 | 0.80 | 0.47 | 0.18 | 0.02 | 0.10 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.71 | 2.08 | 13.60 | 30.26 | 1.37 | 1.69 | 2.30 | 1.89 |
| Revenue growth (YoY) | +170.8% | +23.1% | +491.3% | +1501.1% | +315.2% | -82.2% | - | - |
| Other income | 0.03 | 3.20 | 1.72 | 0.01 | 0.00 | 0.00 | 2.05 | 0.68 |
| Total expenses | 3.14 | 4.67 | 13.09 | 22.25 | (0.02) | 0.30 | 4.27 | 1.81 |
| EBITDA | 0.57 | (2.59) | 0.51 | 8.01 | 1.39 | 1.39 | (1.97) | 0.08 |
| EBITDA margin | +15.4% | -124.5% | +3.8% | +26.5% | +101.5% | +82.2% | -85.7% | +4.2% |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | (0.01) | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.60 | 0.61 | 2.22 | 8.02 | 1.39 | 1.39 | 0.09 | 0.75 |
| Tax | 0.09 | 0.09 | 0.78 | 0.80 | 0.47 | 0.18 | 0.02 | 0.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 46.91 | 13.71 | 9.73 | 4.42 | 17.87 | 16.97 | 30.01 |
| Revenue growth | +242.2% | +40.9% | +120.1% | -75.3% | +5.3% | -43.5% | - |
| Other income | 1.73 | 3.04 | 18.60 | 4.98 | 5.21 | 3.66 | 0.04 |
| Total expenses | 35.62 | 15.15 | 13.36 | 4.82 | 17.78 | 16.92 | 30.01 |
| Employee cost | 0.26 | 0.14 | 0.12 | 0.12 | 0.08 | 0.04 | 0.03 |
| EBITDA | 11.29 | (1.44) | (3.63) | (0.40) | 0.09 | 0.05 | 0.00 |
| EBITDA margin | +24.1% | -10.5% | -37.3% | -9.1% | +0.5% | +0.3% | 0.0% |
| Depreciation | 0.01 | 0.01 | 0.02 | 0.08 | 0.11 | 0.08 | 0.09 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 13.01 | 1.59 | 14.95 | 4.50 | 5.19 | 3.63 | (0.05) |
| Tax | 2.23 | 0.22 | 1.96 | 0.16 | 0.50 | 0.05 | 0.00 |
| Net profit | 10.78 | 1.37 | (3.12) | 0.19 | 0.02 | (0.03) | 0.46 |
| Net profit margin | +23.0% | +10.0% | -32.1% | +4.3% | +0.1% | -0.2% | +1.5% |
| EPS (βΉ) | 1.08 | 1.37 | 12.94 | 4.33 | 4.68 | 3.57 | (0.05) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 7.96 |
| Reserves & surplus | 46.18 | 43.69 | 42.32 | 19.52 | 15.18 | 10.45 | 8.95 |
| Shareholders' funds (net worth) | 56.21 | 53.72 | 52.35 | 29.55 | 25.21 | 20.48 | 16.91 |
| Secured loans | 0.00 | 0.00 | 4.51 | 3.47 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.07 | 2.51 | 0.00 | 0.00 | 0.63 | 0.00 | 0.00 |
| Total debt | 0.07 | 2.51 | 4.51 | 3.47 | 0.63 | 0.00 | 0.00 |
| Total liabilities | 56.27 | 56.22 | 56.85 | 33.01 | 25.84 | 20.48 | 16.90 |
| Assets | |||||||
| Gross block | 0.84 | 0.84 | 0.84 | 0.77 | 0.80 | 1.35 | 1.35 |
| Net block | 0.23 | 0.24 | 0.25 | 0.26 | 0.30 | 0.95 | 1.02 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 35.03 | 23.40 | 28.60 | 19.27 | 9.45 | 9.84 | 11.33 |
| Inventories | 4.78 | 19.39 | 19.03 | 13.43 | 14.73 | 8.83 | 2.46 |
| Sundry debtors | 4.27 | 7.56 | 5.27 | 0.00 | 1.42 | 0.42 | 7.70 |
| Cash & bank balances | 2.27 | 0.11 | 0.11 | 0.17 | 0.03 | 0.15 | 0.08 |
| Loans & advances | 24.51 | 8.51 | 6.71 | 0.39 | 0.50 | 0.36 | 3.29 |
| Total current assets | 35.83 | 35.57 | 31.12 | 13.99 | 16.68 | 9.76 | 13.53 |
| Total current liabilities | 13.72 | 1.85 | 2.02 | 0.49 | 0.60 | 0.06 | 8.99 |
| Net working capital | 22.11 | 33.72 | 29.10 | 13.50 | 16.08 | 9.70 | 4.54 |
| Total assets | 56.27 | 56.22 | 56.85 | 33.01 | 25.84 | 20.48 | 16.90 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.11 | 0.11 | 0.17 | 0.03 | 0.15 | 0.08 | 0.12 |
| Net cash from operating activities | 28.01 | (6.26) | (21.28) | (12.75) | (6.89) | (1.43) | 1.56 |
| Net cash from investing activities | (15.13) | 8.24 | 9.26 | 10.33 | 6.14 | 1.50 | 0.22 |
| Net cash from financing activities | (10.71) | (1.99) | 11.96 | 2.56 | 0.63 | 0.00 | (1.82) |
| Net change in cash | 2.16 | 0.00 | (0.06) | 0.14 | (0.12) | 0.07 | (0.04) |
| Closing cash | 2.27 | 0.11 | 0.11 | 0.17 | 0.03 | 0.15 | 0.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +242.2% | +40.9% | +120.1% | -75.3% | +5.3% | -43.5% | - |
| EBITDA growth | +884.0% | +60.3% | -807.5% | -544.4% | +80.0% | - | - |
| PBT growth | +718.2% | -89.4% | +232.2% | -13.3% | +43.0% | +9998.0% | +98.4% |
| Net income growth | +686.9% | +143.9% | -1742.1% | +850.0% | +166.7% | -106.5% | - |
| Revenue CAGR (3Y) | +119.8% | -8.5% | -16.9% | -47.2% | +16.5% | +14.0% | +808.7% |
| Profitability & leverage | |||||||
| Net income margin | +23.0% | +10.0% | +133.5% | +98.2% | +26.3% | +21.1% | -0.2% |
| Return on capital employed | +23.1% | +3.1% | -7.8% | +0.7% | +0.1% | -0.2% | 0.0% |
| Return on net worth | +19.6% | +2.9% | -8.7% | +0.7% | +0.1% | -0.2% | 0.0% |
| Debt / equity | 0.02 | 0.07 | 0.11 | 0.07 | 0.01 | 0.00 | 0.12 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 55.85 | 0.00 | 0.00 | 5.63 | 16.62 | 12.57 | 22.23 |
| Inventory turnover | 3.88 | 0.71 | 0.60 | 0.31 | 1.52 | 3.01 | 12.20 |
| Debtors turnover | 7.93 | 2.14 | 3.69 | 6.23 | 19.42 | 4.18 | 4.96 |
| EPS (βΉ) | 1.08 | 1.37 | 12.94 | 4.33 | 4.68 | 3.57 | (0.05) |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 5.61 | 53.58 | 42.41 | 29.47 | 25.14 | 20.43 | 21.24 |
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Frequently Asked Questions about Veeram Infra Engineering
Veeram Infra Engineering was founded in 1994.
Veeram Infra Engineering is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Veeram Infra Engineering, Vivid Mercantile Limited, reported revenue of βΉ48.64 Cr for FY 2026, up 242% year on year.
Veeram Infra Engineering was established in 1994 in Ahmedabad, India. Offset and commercial printing services are delivered to various businesses within the printing sector. Operations focus on standard printing needs, including offset techniques for commercial applications. The company is managed by Satishkumar R Gajjar, who serves as Managing Director and Chief Financial Officer. Activities remain centered in Ahmedabad, supporting local and regional clients.
Veeram Infra Engineering offers Infrastructure Engineering and Consulting Services.
Yes, Veeram Infra Engineering is publicly traded on BSE under the ticker symbol VIVIDM.
Veeram Infra Engineering operates through Vivid Mercantile Limited.
The legal entities of Veeram Infra Engineering currently have 7 directors, including Dhaval Satishkumar Gajjar, Umeshbhai Rasiklal Gor, Geetaben Satishbhai Gajjar and others.
