About Vascon Engineers Limited
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Vascon Engineers Limited is a public limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 January 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L70100PN1986PLC175750. Its GSTIN is 03AAACV1249F1ZS (Punjab). The company holds 15 GST registrations, of which 8 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 533156 and NSE: VASCONEQ.
The company has an authorised share capital of ₹269.13 Cr and a paid-up capital of ₹231.7 Cr. It was formerly known as Vascon Engineers Private Limited. It is led by directors including Siddharth Vasudevan Moorthy (Managing Director) and Santosh Pursram Sundararajan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 07 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Vascon Weikfield Chambers Behind Hotel Novatel Opposite Hyatt Hotel Pune Nagar Road, Maharashtra, India – 411014.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹948.53 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹24.89 Cr (net margin 2.6%) and EBITDA of ₹53.53 Cr (EBITDA margin 5.6%). The net worth stands at ₹1,148.83 Cr (up 5.1% YoY). Total assets are valued at ₹1,462.88 Cr (up 11.4% YoY).
The company has about 928 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 1 brand: Vascon Engineers. As per MCA filings, the company has open charges of ₹1,015.27 Cr and satisfied charges of ₹1,917.03 Cr on record. Court records list 189 cases involving the company, including 82 filed by the company and 107 filed against it; 41 cases are pending. The company has 39 deals on record (33 market trades, 3 funding rounds, 2 rights issues), with disclosed funding of ₹258.62 Cr; the latest was in February 2026. Its 3 peer companies in the Real Estate industry (Builders and Developers, Engineering Procurement and Construction), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 1 smaller; the largest is Manglam Multiplex Private Limited with revenue of ₹1,122.25 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 173 overdue payments to 17 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vascon.com.
Company details
CIN history
Vascon Engineers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70100PN1986PLC175750, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70100PN1986PLC175750 | Current |
| L70100MH1986PLC038511 | Previous |
| U70100MH1986PLC038511 | Previous |
Contact details
Vascon Engineers Limited's registered office is in Pune, Maharashtra. Its website is vascon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVascon Weikfield Chambers Behind Hotel Novatel Opposite Hyatt Hotel Pune Nagar Road, Maharashtra, India – 411014
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vascon Engineers Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Vascon Engineers operates one associated brand: Vascon Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commercial and residential property development services are provided. | vascon.com |
Business activity
The main business activity of Vascon Engineers is real estate. In detail, this covers real estate activities with own or leased property and real estate activities on fee or contract basis. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Vascon Engineers Limited, buy the company report.
Financials of Vascon Engineers Limited
FY 2025-26 filings availableVascon Engineers Limited reported revenue of ₹948.53 Cr (down 12% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue 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 | 949 | 1,077 | 764 | 1,019 | 657 | 506 | 521 |
| Revenue growth | -12.0% | +41.1% | -25.1% | +55.2% | +29.9% | -2.9% | - |
| EBITDA | 53.53 | 88.15 | 76.24 | 118 | 22.75 | (12.77) | 55.26 |
| EBITDA margin | +5.6% | +8.2% | +10.0% | +11.5% | +3.5% | -2.5% | +10.6% |
| Profit before tax | 65.10 | 153 | 74.39 | 103 | 40.37 | (39.87) | 39.81 |
| Net profit | 24.89 | 42.62 | 66.63 | 97.37 | (4.75) | (44.23) | 37.85 |
| Net profit margin | +2.6% | +4.0% | +8.7% | +9.6% | -0.7% | -8.8% | +7.3% |
| EPS (₹) | 2.11 | 5.74 | 3.02 | 4.49 | 1.62 | (2.24) | 2.22 |
| Balance sheet | |||||||
| Total assets | 1,463 | 1,313 | 1,303 | 1,076 | 1,002 | 940 | 1,017 |
| Net worth | 1,149 | 1,093 | 981 | 912 | 811 | 699 | 734 |
| Total debt | 300 | 206 | 152 | 142 | 165 | 215 | 255 |
| Cash & bank | 203 | 228 | 66.83 | 108 | 98.44 | 80.04 | 68.80 |
| Net working capital | 1,066 | 918 | 696 | 692 | 684 | 621 | 659 |
| Cash flow | |||||||
| Cash from operations | (122) | 4.75 | (22.37) | 104 | 33.28 | 70.11 | 37.52 |
| Cash from investing | (17.06) | 68.08 | (11.88) | (32.01) | (12.63) | 5.69 | (27.05) |
| Cash from financing | 73.59 | 26.90 | 5.31 | (44.13) | (22.14) | (71.86) | (34.49) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 152 | 253 | 249 | 226 | 221 | 387 | 295 | 200 |
| Revenue growth (YoY) | -31.3% | -34.6% | -15.4% | +12.9% | +12.7% | - | - | - |
| Other income | 4.88 | 5.85 | 4.47 | 4.09 | 20.78 | 5.71 | 77.85 | 4.62 |
| EBITDA | 4.94 | 10.55 | 12.96 | 15.67 | 12.76 | 37.49 | 19.67 | 14.38 |
| EBITDA margin | +3.3% | +4.2% | +5.2% | +6.9% | +5.8% | +9.7% | +6.7% | +7.2% |
| Depreciation | 1.30 | 1.45 | 1.57 | 1.30 | 1.53 | 1.57 | 1.55 | 1.44 |
| Interest | 6.05 | 2.41 | 5.76 | 3.07 | 4.96 | 4.78 | 4.63 | 5.27 |
| Profit before tax | 2.47 | 12.54 | 10.10 | 15.39 | 27.05 | 36.85 | 91.34 | 12.29 |
| Tax | 0.46 | 6.82 | 0.82 | 3.96 | 4.58 | 2.08 | 15.77 | 1.98 |
| Net profit | 2.01 | 5.72 | 9.28 | 11.43 | 22.47 | 34.77 | 75.57 | 10.31 |
| EPS (₹) | 0.09 | 0.25 | 0.41 | 0.50 | 0.99 | 1.54 | 3.38 | 0.46 |
| 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 | 949 | 1,075 | 763 | 767 | 463 | 357 | 366 |
| Revenue growth | -11.8% | +40.9% | -0.5% | +65.9% | +29.5% | -2.4% | - |
| EBITDA | 53.46 | 87.97 | 76.20 | 93.54 | 7.30 | (15.76) | 46.44 |
| EBITDA margin | +5.6% | +8.2% | +10.0% | +12.2% | +1.6% | -4.4% | +12.7% |
| Profit before tax | 64.99 | 150 | 67.85 | 86.64 | 34.09 | (36.88) | 38.14 |
| Net profit | 24.87 | 38.81 | 61.16 | 86.53 | (12.13) | (40.26) | 36.44 |
| Net profit margin | +2.6% | +3.6% | +8.0% | +11.3% | -2.6% | -11.3% | +10.0% |
| EPS (₹) | 2.11 | 5.62 | 2.78 | 3.99 | 1.54 | (2.02) | 2.14 |
| Balance sheet | |||||||
| Total assets | 1,461 | 1,313 | 1,120 | 1,037 | 957 | 908 | 981 |
| Net worth | 1,148 | 1,093 | 959 | 894 | 805 | 694 | 726 |
| Total debt | 299 | 206 | 153 | 134 | 139 | 198 | 237 |
| Cash & bank | 203 | 227 | 66.26 | 89.40 | 56.93 | 57.91 | 57.12 |
| Net working capital | 1,065 | 918 | 768 | 684 | 599 | 572 | 621 |
| Cash flow | |||||||
| Cash from operations | (124) | (1.80) | (15.61) | 83.71 | 1.86 | 49.52 | 44.97 |
| Cash from investing | (17.21) | 74.59 | (12.30) | (31.01) | 11.48 | 16.32 | (20.72) |
| Cash from financing | 75.72 | 26.89 | (0.74) | (22.78) | (18.86) | (65.64) | (38.84) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 152 | 253 | 249 | 225 | 221 | 385 | 294 | 200 |
| Revenue growth (YoY) | -31.3% | -34.3% | -15.3% | +12.7% | +12.8% | - | - | - |
| Other income | 4.86 | 5.81 | 4.47 | 4.09 | 20.78 | 4.60 | 78.58 | 2.24 |
| Total expenses | 147 | 242 | 236 | 210 | 209 | 347 | 275 | 186 |
| EBITDA | 4.87 | 10.77 | 13.03 | 15.86 | 12.22 | 38.18 | 19.51 | 14.30 |
| EBITDA margin | +3.2% | +4.3% | +5.2% | +7.0% | +5.5% | +9.9% | +6.6% | +7.2% |
| Depreciation | 1.30 | 1.45 | 1.57 | 1.30 | 1.53 | 1.57 | 1.55 | 1.44 |
| Interest | 6.05 | 2.41 | 5.76 | 3.07 | 4.96 | 4.78 | 4.63 | 5.27 |
| Profit before tax | 2.38 | 12.72 | 10.17 | 15.58 | 26.51 | 36.43 | 91.91 | 9.83 |
| Tax | 0.45 | 6.74 | 0.82 | 3.96 | 4.58 | 1.98 | 15.77 | 1.98 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 152 | 253 | 249 | 226 | 221 | 387 | 295 | 200 |
| Revenue growth (YoY) | -31.3% | -34.6% | -15.4% | +12.9% | +12.7% | - | - | - |
| Other income | 4.88 | 5.85 | 4.47 | 4.09 | 20.78 | 5.71 | 77.85 | 4.62 |
| EBITDA | 4.94 | 10.55 | 12.96 | 15.67 | 12.76 | 37.49 | 19.67 | 14.38 |
| EBITDA margin | +3.3% | +4.2% | +5.2% | +6.9% | +5.8% | +9.7% | +6.7% | +7.2% |
| Depreciation | 1.30 | 1.45 | 1.57 | 1.30 | 1.53 | 1.57 | 1.55 | 1.44 |
| Interest | 6.05 | 2.41 | 5.76 | 3.07 | 4.96 | 4.78 | 4.63 | 5.27 |
| Profit before tax | 2.47 | 12.54 | 10.10 | 15.39 | 27.05 | 36.85 | 91.34 | 12.29 |
| Tax | 0.46 | 6.82 | 0.82 | 3.96 | 4.58 | 2.08 | 15.77 | 1.98 |
| Net profit | 2.01 | 5.72 | 9.28 | 11.43 | 22.47 | 34.77 | 75.57 | 10.31 |
| EPS (₹) | 0.09 | 0.25 | 0.41 | 0.50 | 0.99 | 1.54 | 3.38 | 0.46 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 949 | 1,077 | 764 | 1,019 | 657 | 506 | 521 |
| Revenue growth | -12.0% | +41.1% | -25.1% | +55.2% | +29.9% | -2.9% | - |
| Other income | 35.19 | 90.36 | 18.29 | 11.04 | 53.21 | 12.41 | 19.97 |
| Total expenses | 895 | 989 | 687 | 902 | 634 | 519 | 466 |
| Employee cost | 35.89 | 36.87 | 34.94 | 69.12 | 70.21 | 58.57 | 71.79 |
| EBITDA | 53.53 | 88.15 | 76.24 | 118 | 22.75 | (12.77) | 55.26 |
| EBITDA margin | +5.6% | +8.2% | +10.0% | +11.5% | +3.5% | -2.5% | +10.6% |
| Depreciation | 5.85 | 5.89 | 5.96 | 11.92 | 10.78 | 12.08 | 14.99 |
| Interest | 17.77 | 19.64 | 14.18 | 13.38 | 24.81 | 27.43 | 20.43 |
| Profit before tax | 65.10 | 153 | 74.39 | 103 | 40.37 | (39.87) | 39.81 |
| Tax | 16.18 | 22.74 | 6.45 | 3.88 | 4.44 | 0.42 | 0.09 |
| Net profit | 24.89 | 42.62 | 66.63 | 97.37 | (4.75) | (44.23) | 37.85 |
| Net profit margin | +2.6% | +4.0% | +8.7% | +9.6% | -0.7% | -8.8% | +7.3% |
| EPS (₹) | 2.11 | 5.74 | 3.02 | 4.49 | 1.62 | (2.24) | 2.22 |
| 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 | 232 | 226 | 221 | 217 | 217 | 182 | 178 |
| Reserves & surplus | 914 | 862 | 753 | 684 | 585 | 505 | 541 |
| Shareholders' funds (net worth) | 1,149 | 1,093 | 981 | 912 | 811 | 699 | 734 |
| Minority interest | 0.00 | 0.00 | 0.00 | 12.59 | 12.77 | 10.00 | 9.37 |
| Secured loans | 284 | 196 | 146 | 128 | 89.40 | 118 | 225 |
| Unsecured loans | 15.97 | 9.57 | 6.29 | 14.59 | 75.20 | 97.13 | 30.77 |
| Total debt | 300 | 206 | 152 | 142 | 165 | 215 | 255 |
| Total liabilities | 1,463 | 1,313 | 1,303 | 1,076 | 1,002 | 940 | 1,017 |
| Assets | |||||||
| Gross block | 161 | 177 | 164 | 293 | 262 | 263 | 262 |
| Net block | 64.16 | 73.93 | 63.00 | 117 | 94.24 | 98.72 | 108 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 99.04 | 85.09 | 83.30 | 82.72 | 76.32 | 81.05 | 97.69 |
| Inventories | 736 | 591 | 512 | 473 | 514 | 459 | 481 |
| Sundry debtors | 238 | 212 | 179 | 218 | 162 | 164 | 181 |
| Cash & bank balances | 203 | 228 | 66.83 | 108 | 98.44 | 80.04 | 68.80 |
| Loans & advances | 786 | 703 | 497 | 468 | 397 | 295 | 266 |
| Total current assets | 1,964 | 1,733 | 1,254 | 1,266 | 1,173 | 998 | 997 |
| Total current liabilities | 898 | 815 | 559 | 574 | 489 | 377 | 338 |
| Net working capital | 1,066 | 918 | 696 | 692 | 684 | 621 | 659 |
| Total assets | 1,463 | 1,313 | 1,303 | 1,076 | 1,002 | 940 | 1,017 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 115 | 15.09 | 44.03 | 25.45 | 26.94 | 23.00 | 47.03 |
| Net cash from operating activities | (122) | 4.75 | (22.37) | 104 | 33.28 | 70.11 | 37.52 |
| Net cash from investing activities | (17.06) | 68.08 | (11.88) | (32.01) | (12.63) | 5.69 | (27.05) |
| Net cash from financing activities | 73.59 | 26.90 | 5.31 | (44.13) | (22.14) | (71.86) | (34.49) |
| Net change in cash | (65.95) | 99.73 | (28.94) | 27.52 | (1.49) | 3.94 | (24.03) |
| Closing cash | 203 | 228 | 66.83 | 108 | 98.44 | 80.04 | 68.80 |
| 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 | -12.0% | +41.1% | -25.1% | +55.2% | +29.9% | -2.9% | - |
| EBITDA growth | -39.3% | +15.6% | -35.1% | +416.6% | +278.2% | -123.1% | - |
| PBT growth | -57.5% | +105.7% | -28.0% | +155.8% | +9998.0% | - | +836.7% |
| Net income growth | -41.6% | -36.0% | -31.6% | +2149.9% | +89.3% | -216.9% | - |
| Revenue CAGR (3Y) | -2.4% | +17.9% | +14.7% | +25.1% | +7.8% | -2.1% | +2.1% |
| EBITDA CAGR (3Y) | -23.1% | +57.1% | - | +28.6% | +42.1% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +5.2% | +12.1% | +8.9% | +9.8% | +5.5% | -8.0% | +7.6% |
| Return on capital employed | +4.6% | +7.2% | +7.5% | +11.1% | +2.2% | 0.0% | +5.8% |
| Return on net worth | +2.2% | +4.2% | +7.2% | +11.2% | -0.5% | 0.0% | +5.1% |
| Debt / equity | 0.23 | 0.17 | 0.16 | 0.18 | 0.25 | 0.33 | 0.36 |
| Long-term debt / equity | 0.12 | 0.09 | 0.08 | 0.05 | 0.04 | 0.10 | 0.17 |
| Interest cover | 37.27 | 23.88 | 20.18 | 12.67 | 207.27 | -110.38 | 50.73 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.62 | 6.33 | 3.34 | 3.67 | 2.50 | 1.93 | 2.04 |
| Inventory turnover | 1.43 | 1.95 | 1.55 | 2.07 | 1.35 | 1.08 | 1.06 |
| Debtors turnover | 4.22 | 5.52 | 3.85 | 5.36 | 4.02 | 2.93 | 2.72 |
| EPS (₹) | 2.11 | 5.74 | 3.02 | 4.49 | 1.62 | (2.24) | 2.22 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.25 | 0.25 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 49.46 | 48.07 | 44.04 | 41.47 | 36.94 | 37.75 | 40.36 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 152 | 253 | 249 | 225 | 221 | 385 | 294 | 200 |
| Revenue growth (YoY) | -31.3% | -34.3% | -15.3% | +12.7% | +12.8% | - | - | - |
| Other income | 4.86 | 5.81 | 4.47 | 4.09 | 20.78 | 4.60 | 78.58 | 2.24 |
| Total expenses | 147 | 242 | 236 | 210 | 209 | 347 | 275 | 186 |
| EBITDA | 4.87 | 10.77 | 13.03 | 15.86 | 12.22 | 38.18 | 19.51 | 14.30 |
| EBITDA margin | +3.2% | +4.3% | +5.2% | +7.0% | +5.5% | +9.9% | +6.6% | +7.2% |
| Depreciation | 1.30 | 1.45 | 1.57 | 1.30 | 1.53 | 1.57 | 1.55 | 1.44 |
| Interest | 6.05 | 2.41 | 5.76 | 3.07 | 4.96 | 4.78 | 4.63 | 5.27 |
| Profit before tax | 2.38 | 12.72 | 10.17 | 15.58 | 26.51 | 36.43 | 91.91 | 9.83 |
| Tax | 0.45 | 6.74 | 0.82 | 3.96 | 4.58 | 1.98 | 15.77 | 1.98 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 949 | 1,075 | 763 | 767 | 463 | 357 | 366 |
| Revenue growth | -11.8% | +40.9% | -0.5% | +65.9% | +29.5% | -2.4% | - |
| Other income | 35.15 | 87.28 | 11.77 | 9.60 | 53.71 | 11.23 | 17.24 |
| Total expenses | 895 | 987 | 687 | 674 | 455 | 373 | 320 |
| Employee cost | 35.89 | 36.87 | 34.94 | 32.45 | 38.19 | 33.90 | 42.18 |
| EBITDA | 53.46 | 87.97 | 76.20 | 93.54 | 7.30 | (15.76) | 46.44 |
| EBITDA margin | +5.6% | +8.2% | +10.0% | +12.2% | +1.6% | -4.4% | +12.7% |
| Depreciation | 5.85 | 5.89 | 5.96 | 5.88 | 5.15 | 7.22 | 8.65 |
| Interest | 17.77 | 19.63 | 14.16 | 10.62 | 21.77 | 25.13 | 16.89 |
| Profit before tax | 64.99 | 150 | 67.85 | 86.64 | 34.09 | (36.88) | 38.14 |
| Tax | 16.10 | 22.64 | 6.43 | 0.00 | 0.61 | 0.00 | 0.00 |
| Net profit | 24.87 | 38.81 | 61.16 | 86.53 | (12.13) | (40.26) | 36.44 |
| Net profit margin | +2.6% | +3.6% | +8.0% | +11.3% | -2.6% | -11.3% | +10.0% |
| EPS (₹) | 2.11 | 5.62 | 2.78 | 3.99 | 1.54 | (2.02) | 2.14 |
| 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 | 232 | 226 | 221 | 217 | 217 | 182 | 178 |
| Reserves & surplus | 914 | 861 | 731 | 667 | 579 | 501 | 532 |
| Shareholders' funds (net worth) | 1,148 | 1,093 | 959 | 894 | 805 | 694 | 726 |
| Secured loans | 284 | 196 | 146 | 125 | 69.84 | 101 | 219 |
| Unsecured loans | 15.29 | 9.57 | 6.49 | 8.42 | 69.06 | 97.13 | 18.38 |
| Total debt | 299 | 206 | 153 | 134 | 139 | 198 | 237 |
| Total liabilities | 1,461 | 1,313 | 1,120 | 1,037 | 957 | 908 | 981 |
| Assets | |||||||
| Gross block | 161 | 177 | 164 | 166 | 134 | 132 | 133 |
| Net block | 64.16 | 73.92 | 63.00 | 69.92 | 42.03 | 41.09 | 47.55 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 99.17 | 85.21 | 89.17 | 135 | 181 | 172 | 188 |
| Inventories | 715 | 591 | 512 | 440 | 439 | 441 | 464 |
| Sundry debtors | 238 | 212 | 178 | 149 | 107 | 115 | 129 |
| Cash & bank balances | 203 | 227 | 66.26 | 89.40 | 56.93 | 57.91 | 57.12 |
| Loans & advances | 786 | 701 | 569 | 487 | 411 | 291 | 262 |
| Total current assets | 1,942 | 1,730 | 1,326 | 1,166 | 1,014 | 904 | 912 |
| Total current liabilities | 877 | 813 | 558 | 482 | 415 | 332 | 291 |
| Net working capital | 1,065 | 918 | 768 | 684 | 599 | 572 | 621 |
| Total assets | 1,461 | 1,313 | 1,120 | 1,037 | 957 | 908 | 981 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 114 | 14.52 | 43.16 | 13.25 | 18.76 | 18.56 | 33.16 |
| Net cash from operating activities | (124) | (1.80) | (15.61) | 83.71 | 1.86 | 49.52 | 44.97 |
| Net cash from investing activities | (17.21) | 74.59 | (12.30) | (31.01) | 11.48 | 16.32 | (20.72) |
| Net cash from financing activities | 75.72 | 26.89 | (0.74) | (22.78) | (18.86) | (65.64) | (38.84) |
| Net change in cash | (65.68) | 99.68 | (28.64) | 29.91 | (5.51) | 0.19 | (14.59) |
| Closing cash | 203 | 227 | 66.26 | 89.40 | 56.93 | 57.91 | 57.12 |
| 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 | -11.8% | +40.9% | -0.5% | +65.9% | +29.5% | -2.4% | - |
| EBITDA growth | -39.2% | +15.5% | -18.5% | +1181.4% | +146.3% | -133.9% | - |
| PBT growth | -56.6% | +120.7% | -21.7% | +154.2% | +9998.0% | - | +169.0% |
| Net income growth | -35.9% | -36.5% | -29.3% | +813.4% | +69.9% | -210.5% | - |
| Revenue CAGR (3Y) | +7.3% | +32.5% | +28.8% | +28.0% | +8.4% | +2.1% | +15.2% |
| EBITDA CAGR (3Y) | -17.0% | +129.3% | - | +26.3% | -23.9% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +5.2% | +11.8% | +8.1% | +11.3% | +7.2% | -10.3% | +10.4% |
| Return on capital employed | +4.6% | +7.7% | +7.6% | +9.5% | +1.1% | 0.0% | +5.3% |
| Return on net worth | +2.2% | +3.8% | +6.6% | +9.9% | -1.6% | 0.0% | +4.9% |
| Debt / equity | 0.23 | 0.17 | 0.15 | 0.16 | 0.22 | 0.31 | 0.34 |
| Long-term debt / equity | 0.12 | 0.09 | 0.08 | 0.05 | 0.04 | 0.10 | 0.17 |
| Interest cover | 37.32 | 23.92 | 20.16 | 12.11 | 1,012.56 | -109.36 | 44.69 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.62 | 6.32 | 4.63 | 5.12 | 3.48 | 2.69 | 2.84 |
| Inventory turnover | 1.45 | 1.95 | 1.60 | 1.75 | 1.05 | 0.79 | 0.77 |
| Debtors turnover | 4.22 | 5.51 | 4.66 | 6.00 | 4.17 | 2.93 | 2.60 |
| EPS (₹) | 2.11 | 5.62 | 2.78 | 3.99 | 1.54 | (2.02) | 2.14 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.25 | 0.25 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 49.43 | 48.06 | 43.03 | 40.68 | 36.65 | 37.48 | 39.89 |
To see the full year-wise statements and ratios of Vascon Engineers Limited, buy the company report.
Board of directors of Vascon Engineers Limited
Vascon Engineers has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Vasudevan Moorthy Also directs: Syringa Engineers India LLP, Consol Engineers LLP, Vascon Value Homes Private Limited and 5 more | Managing Director | 29 Mar 2018 | 8 Years 6 Months | Current |
| Sowmya Aditya Iyer Also directs: Seraphic Design LLP | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Santosh Pursram Sundararajan Also directs: Syringa Engineers India LLP, Vastech Consultants & Engineers LLP, Sira Assets LLP and 5 more | Whole-Time Director | 28 Sep 2021 | 5 Years 0 Months | Current |
| Sankaramahalingam Balasubramanian | Director | 26 Nov 2021 | 4 Years 10 Months | Current |
| Tara Subramaniam Also directs: Punjab Chemicals and Crop Protection Limited, Restaurant Brands Asia Limited, Delta Corp Limited and 3 more | Director | 03 Mar 2023 | 3 Years 7 Months | Current |
| Divya Maneklal Shah | Director | 15 May 2026 | 0 Years 5 Months | Current |
Peer comparison
Vascon Engineers Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Engineering Procurement and Construction), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manglam Multiplex Private Limited | ₹1,122.25 Cr (FY 2025) | 83.0% | Gurugram, Haryana, India | |||
| My Home Infrastructures Private Limited | ₹1,094.7 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Vatika Limited | ₹1,082.48 Cr (FY 2024) | 22.0% | Gurugram, Haryana, India | |||
| Vascon Engineers Limitedthis company | ₹948.53 Cr (FY 2026) | ₹24.89 Cr | 2.6% | -12.0% | 928 | Pune, Maharashtra, India |
To see the full peer comparison of Vascon Engineers Limited, buy the company report.
Auditor
Vascon Engineers Limited is audited by SHARP & TANNAN ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARP & TANNAN ASSOCIATES | FY 2023 | 109983W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 30.40%, foreign institutional investors hold 0.30%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 69.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 30.40% | 30.40% | 30.80% | 31.10% |
| Public | 69.60% | 69.60% | 69.20% | 68.90% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2026 | 101395050 | Others | ₹30 Cr | Open | |
| 30 Jun 2026 | 101335756 | Others | ₹30 Cr | Open | |
| 10 Jun 2026 | 101312271 | Others | ₹15 Cr | Open | |
| 20 May 2026 | 101299442 | Karnataka Bank Ltd. | ₹11.29 Cr | Open | |
| 11 Mar 2026 | 101255762 | Others | ₹12.5 Cr | Open |
To see the full charge records of Vascon Engineers Limited, buy the company report.
Total charge records: 206 View all charges
Deals & funding
Vascon Engineers Limited has 39 deals on record (33 market trades, 3 funding rounds, 2 rights issues), with disclosed funding of ₹258.62 Cr; the latest was in February 2026.
Deals on record (5 of 39)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Market trade | ₹6.78 Cr | Seller: Navratri Share Trading Private Limited |
| Oct 2025 | Market trade | ₹8.81 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Oct 2025 | Market trade | ₹9.48 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Sep 2025 | Market trade | ₹29.69 Cr | Buyer: Hrti Private Limited , Graviton Research Capital LLP , Junomoneta Finsol Private Limited Seller: Hrti Private Limited , Graviton Research Capital LLP , Junomoneta Finsol Private Limited |
| Sep 2025 | Market trade | ₹59.2 Cr | Buyer: Hrti Private Limited , Junomoneta Finsol Private Limited , Graviton Research Capital LLP Seller: Hrti Private Limited , Junomoneta Finsol Private Limited , Graviton Research Capital LLP |
To see the full deal history of Vascon Engineers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vascon Engineers Limited has 189 court cases on record: 82 filed by Vascon Engineers, 107 filed against it. 41 cases are pending and 148 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 103 | 70 | 20 |
| High courts | 78 | 32 | 21 |
| NCLT | 5 | 2 | 0 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 189)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed by the company against Sahara School Holding Limited Etc and 2 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Mack Star Marketing Private Limited | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Viorica Hotels Pvt Ltd and Ors and 2 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Praj Industries Limited | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against Paradigm Corporation Pvt Ltd | Pending |
To see the full case history of Vascon Engineers Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Vascon Engineers Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 173 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| A and A Infra | |||
| Goodwill Pipe Traders LLP | |||
| Shree Suvam Enterprises | |||
| an individual supplier | |||
| India Cables |
To see the full MSME payment records of Vascon Engineers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Vascon Engineers has 6 subsidiary companies and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Marathawada Realtors Private Limited | U24110MH1984PTC034809 | |
| Almet Corporation Limited | U29290MH1960PLC059367 | |
| Marvel Housing Private Limited | U45200MH2005PTC154682 | |
| Vascon Value Homes Private Limited | U45200PN2017PTC171989 | |
| Vascon Developers Private Limited | U70100MH2009PTC194423 | |
| GMP Technical Solutions Private Limited | U74999MH2003PTC142312 |
To see the full group structure of Vascon Engineers Limited, buy the company report.
Employees & EPFO
Vascon Engineers Limited has a workforce of 928 employees on its EPFO records as of Mar 31, 2024, across 4 active EPFO establishments.
GST
Vascon Engineers has 15 GST registrations: 8 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACV1249F1ZS | Punjab | Active | 01 Jul 2017 |
| 27AAACV1249F1ZI | Maharashtra | Active | 01 Jul 2017 |
| 30AAACV1249F1ZV | Goa | Active | 01 Jul 2017 |
| 33AAACV1249F1ZP | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vascon Engineers Limited, buy the company report.
Recent activity
Vascon Engineers Limited has 29 board changes on record since 1986: 19 appointments and 10 cessations. The latest: Divya Maneklal Shah was appointed as Director on 15 May 2026.
437 earlier events are in the company report.
News
Frequently asked questions
Vascon Engineers is an active public limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 January 1986 (40+ years old) and is registered under CIN L70100PN1986PLC175750. Listed on BSE: 533156 and NSE: VASCONEQ.
Vascon Engineers reported revenue of ₹948.53 Cr for FY 2025-26 (down 12% YoY) based on consolidated financials.
Vascon Engineers has 6 current directors:
- Siddharth Vasudevan Moorthy - Managing Director
- Santosh Pursram Sundararajan - Whole-Time Director
- Sowmya Aditya Iyer - Director
- Sankaramahalingam Balasubramanian - Director
- Tara Subramaniam - Director
- Divya Maneklal Shah - Director
The latest financial statements of Vascon Engineers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 07 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Vascon Engineers is 03AAACV1249F1ZS, registered in Punjab. The company has 15 GST registrations in all, of which 8 are active and 7 are cancelled or inactive. Other active GSTINs include 27AAACV1249F1ZI (Maharashtra), 30AAACV1249F1ZV (Goa), 33AAACV1249F1ZP (Tamil Nadu).
The CIN (Corporate Identification Number) of Vascon Engineers is L70100PN1986PLC175750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Vascon Engineers is a listed company as per MCA records. Its shares are listed on both BSE (code: 533156) and NSE (symbol: VASCONEQ).
Vascon Engineers has 189 court cases on record: 82 filed by the company and 107 filed against it. 41 are pending. Most are in the district courts.
Vascon Engineers was incorporated on 01 January 1986, making it 40+ years old. It is registered with the Registrar of Companies, Pune.
Vascon Engineers has 39 deals on record (33 market trades, 3 funding rounds, 2 rights issues), with disclosed funding of ₹258.62 Cr; the latest was in February 2026.
The peers of Vascon Engineers by revenue are Manglam Multiplex Private Limited, My Home Infrastructures Private Limited, Vatika Limited, all in the Real Estate industry (Builders and Developers, Engineering Procurement and Construction), with the same principal business activity (real estate activities with own or leased property).
Divya Maneklal Shah was appointed as Director on 15 May 2026. Kulumani Gopalratnam Krishnamurthy ceased to be Director on 20 Sep 2024. Neelam Piyush Pipada was appointed as Company Secretary on 03 Aug 2024. Vascon Engineers has 29 board changes on record in total.