VSF Projects Limited - infrastructure and utilities in Nellore, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN L05005AP1992PLC014326 Incorporated 04 June 1992 ROC Vijayawada HQ Nellore, Andhra Pradesh, India
Active Listed - BSE: 519331 Public Limited Company infrastructure and utilities
Data last updated
Market Cap
₹53.95 Cr
VSFPROJ · BSE
Share Price
₹32.98
-0.06% today
Revenue
₹1.26 Cr
FY 2016-17 · -86.2% YoY
EBITDA
₹0.55 Cr
Margin 43.6%
Net Profit
−₹0.07 Cr
FY 2016-17 · -136.8% YoY
ROE
-0.8%
ROCE 0.6%
Debt / Equity
1.71
Interest cover 174.1x
Authorised capital
₹17 Cr
Registered with MCA

About VSF Projects Limited

Data last updated:

VSF Projects Limited is a public limited company based in Nellore, Andhra Pradesh, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 04 June 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN L05005AP1992PLC014326. Its GSTIN is 37AAACV7255P3ZK (Andhra Pradesh). The company holds 5 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 519331.

The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹16.4 Cr. It is led by directors including Narayana Murthy Bobba (Managing Director) and Lakshminarasimha Bobba Chowdary (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Anakalapatur Village Chillakur Mandal Nellore., Andhra Pradesh, India – 524101.

The net worth stands at ₹98.33 Cr (down 0.4% YoY). Total assets are valued at ₹183.01 Cr (up 15% YoY).

The company is associated with 1 brand: Vsfproject. As per MCA filings, the company has open charges of ₹83.9 Cr and satisfied charges of ₹15.71 Cr on record. Court records list 28 cases involving the company, including 13 filed by the company and 15 filed against it; 6 cases are pending. The company has 20 deals on record (20 market trades); the latest was in March 2026.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vsfproject.com.

Company details

CIN L05005AP1992PLC014326
Registration Number 014326
Incorporation Date 04 June 1992
ROC Vijayawada
Listing Status Listed - Listed on BSE (519331)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Contact details

VSF Projects Limited's registered office is in Nellore, Andhra Pradesh. Its website is vsfproject.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Anakalapatur Village Chillakur Mandal Nellore., Andhra Pradesh, India – 524101
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction

To see the full contact details of VSF Projects Limited, buy the company report.

Comprehensive company report
VSF Projects Limited - one report that includes everything
  • 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
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Brands

VSF Projects operates one associated brand: Vsfproject. Each brand links to its own profile.

BrandDescriptionWebsite
Establishes multi-product free trade zones and inland container depots for logistics.vsfproject.com

Financials of VSF Projects Limited

FY 2025-26 filings available

VSF Projects Limited reported revenue of ₹- for FY 2025-26.

Financial Highlights

FY 2016-17 · Consolidated
Revenue
₹1.26 Cr
-86.2% YoY
EBITDA
₹0.55 Cr
-55.6% YoY
Profit After Tax
−₹0.07 Cr
-136.8% YoY
Net Worth
₹29.68 Cr
-0.4% YoY
Total Assets
₹82.81 Cr
+0.1% YoY
Total Debt
₹17.93 Cr
+1.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2016-17FY 2015-16FY 2014-15FY 2013-14FY 2012-13
Income statement
Revenue1.269.144.4722.3019.42
Revenue growth-86.2%+104.5%-80.0%+14.8%-
EBITDA0.551.240.952.001.90
EBITDA margin+43.7%+13.6%+21.3%+9.0%+9.8%
Profit before tax(0.20)0.48(0.01)1.111.25
Net profit(0.07)0.19(0.13)0.960.84
Net profit margin-5.6%+2.1%-2.9%+4.3%+4.3%
EPS (₹)0.000.260.001.481.43
Balance sheet
Total assets82.8182.7355.0055.7544.38
Net worth29.6829.8029.6439.4728.88
Total debt17.9317.7415.6516.2915.50
Cash & bank0.090.200.180.160.08
Net working capital3.354.35(14.25)(10.58)(8.44)
Cash flow
Cash from operations1.157.743.2814.9210.37
Cash from investing(1.39)(9.61)(3.71)(67.66)(32.41)
Cash from financing0.131.890.4652.8120.56
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.000.000.221.631.651.741.24
Revenue growth--100.0%-86.5%-1.2%-5.2%+40.3%-
EBITDA(0.62)(0.53)(0.12)0.130.100.300.32
EBITDA margin---54.6%+8.0%+6.1%+17.2%+25.8%
Profit before tax(0.41)(0.27)35.360.07(0.02)0.110.02
Net profit(0.44)(0.29)(0.12)0.02(0.09)0.160.04
Net profit margin---54.6%+1.2%-5.5%+9.2%+3.2%
EPS (₹)(0.26)(0.18)53.740.02(0.14)0.260.08
Balance sheet
Total assets18315981.7343.9141.4241.5041.34
Net worth98.3398.7750.203.470.270.350.20
Total debt84.6960.4431.5414.9315.6515.6515.65
Cash & bank1.000.553.370.010.000.030.05
Net working capital1.075.34(2.60)(21.24)(22.20)(22.22)(22.52)
Cash flow
Cash from operations28.9818.37(3.94)(0.88)(0.02)(0.02)(0.24)
Cash from investing(28.36)(69.69)(19.29)(1.59)0.000.000.04
Cash from financing(0.17)48.8326.602.470.000.000.25
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.100.110.120.220.190.210.210.00
Total expenses0.140.200.160.140.120.070.010.31
EBITDA(0.14)(0.20)(0.16)(0.14)(0.12)(0.07)(0.01)(0.31)
Depreciation0.070.010.090.080.070.060.040.02
Interest0.020.010.120.020.020.030.000.00
Profit before tax(0.13)(0.11)(0.25)(0.02)(0.02)0.050.16(0.33)
Tax(0.07)0.06(0.04)(0.02)0.020.03(0.01)0.01

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsFY 2016-17FY 2015-16FY 2014-15FY 2013-14FY 2012-13
Revenue1.269.144.4722.3019.42
Revenue growth-86.2%+104.5%-80.0%+14.8%-
Other income0.000.170.000.000.02
Total expenses0.717.903.5220.3017.52
Employee cost0.410.560.000.580.29
EBITDA0.551.240.952.001.90
EBITDA margin+43.7%+13.6%+21.3%+9.0%+9.8%
Depreciation0.280.380.490.330.26
Interest0.470.550.470.560.41
Profit before tax(0.20)0.48(0.01)1.111.25
Tax(0.08)0.320.120.240.41
Net profit(0.07)0.19(0.13)0.960.84
Net profit margin-5.6%+2.1%-2.9%+4.3%+4.3%
EPS (₹)0.000.260.001.481.43
ParticularsFY 2016-17FY 2015-16FY 2014-15FY 2013-14FY 2012-13
Equity & liabilities
Share capital5.875.875.875.875.87
Reserves & surplus23.8123.9323.7733.6023.01
Shareholders' funds (net worth)29.6829.8029.6439.4728.88
Minority interest9.699.709.710.000.00
Secured loans0.740.580.002.052.20
Unsecured loans17.1917.1615.6514.2413.30
Total debt17.9317.7415.6516.2915.50
Total liabilities82.8182.7355.0055.7544.38
Assets
Gross block35.0635.1563.5129.9929.44
Net block33.1933.5163.5128.4328.09
Capital work in progress46.2644.890.0037.7824.63
Investments0.000.000.000.000.00
Inventories0.000.000.000.000.00
Sundry debtors1.3912.021.511.511.50
Cash & bank balances0.090.200.180.160.08
Loans & advances27.7727.912.263.152.18
Total current assets29.2540.133.954.823.76
Total current liabilities25.9035.7818.2015.4012.20
Net working capital3.354.35(14.25)(10.58)(8.44)
Total assets82.8182.7355.0055.7544.38
ParticularsFY 2016-17FY 2015-16FY 2014-15FY 2013-14FY 2012-13
Opening cash0.200.180.160.081.56
Net cash from operating activities1.157.743.2814.9210.37
Net cash from investing activities(1.39)(9.61)(3.71)(67.66)(32.41)
Net cash from financing activities0.131.890.4652.8120.56
Net change in cash(0.11)0.020.020.07(1.48)
Closing cash0.090.200.180.160.08
ParticularsFY 2016-17FY 2015-16FY 2014-15FY 2013-14FY 2012-13
Growth
Sales growth-86.2%+104.5%-80.0%+14.8%-
EBITDA growth-55.7%+30.5%-52.5%+5.3%-
PBT growth-+9998.0%--11.2%+9997.0%
Net income growth-136.8%+246.2%-113.5%+14.3%-
Revenue CAGR (3Y)-61.6%-22.2%---
EBITDA CAGR (3Y)-35.0%-13.3%---
Profitability & leverage
Net income margin-9.5%+1.8%-2.9%+3.9%+4.3%
Return on capital employed+0.6%+2.2%+1.1%+5.8%+7.3%
Return on net worth-0.8%+0.9%-0.5%+6.5%+9.2%
Debt / equity1.710.830.641.071.45
Long-term debt / equity1.510.390.050.150.11
Interest cover174.0763.95102.1733.5325.00
Efficiency & per share
Fixed asset turnover0.080.230.122.141.92
Inventory turnover0.000.000.000.000.00
Debtors turnover0.191.352.9614.824.29
EPS (₹)0.000.260.001.481.43
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)17.7117.9250.5034.4016.35
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.100.110.120.220.190.210.210.00
Total expenses0.140.200.160.140.120.070.010.31
EBITDA(0.14)(0.20)(0.16)(0.14)(0.12)(0.07)(0.01)(0.31)
Depreciation0.070.010.090.080.070.060.040.02
Interest0.020.010.120.020.020.030.000.00
Profit before tax(0.13)(0.11)(0.25)(0.02)(0.02)0.050.16(0.33)
Tax(0.07)0.06(0.04)(0.02)0.020.03(0.01)0.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.000.221.631.651.741.24
Revenue growth--100.0%-86.5%-1.2%-5.2%+40.3%-
Other income0.640.4335.540.000.000.000.02
Total expenses0.620.530.341.501.551.440.92
Employee cost0.010.020.000.440.320.350.38
EBITDA(0.62)(0.53)(0.12)0.130.100.300.32
EBITDA margin---54.6%+8.0%+6.1%+17.2%+25.8%
Depreciation0.260.140.060.060.120.190.20
Interest0.170.030.000.000.000.000.12
Profit before tax(0.41)(0.27)35.360.07(0.02)0.110.02
Tax0.030.020.000.050.07(0.05)(0.02)
Net profit(0.44)(0.29)(0.12)0.02(0.09)0.160.04
Net profit margin---54.6%+1.2%-5.5%+9.2%+3.2%
EPS (₹)(0.26)(0.18)53.740.02(0.14)0.260.08
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital16.4016.406.586.585.875.875.87
Reserves & surplus81.9382.3743.62(3.11)(5.60)(5.52)(5.67)
Shareholders' funds (net worth)98.3398.7750.203.470.270.350.20
Secured loans83.5859.4017.860.000.000.000.00
Unsecured loans1.111.0413.6814.9315.6515.6515.65
Total debt84.6960.4431.5414.9315.6515.6515.65
Total liabilities18315981.7343.9141.4241.5041.34
Assets
Gross block66.3865.8263.8064.5964.5864.5864.58
Net block65.5665.2663.3763.4863.5363.6563.84
Capital work in progress11688.5420.871.580.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.000.000.000.000.010.010.01
Cash & bank balances1.000.553.370.010.000.030.05
Loans & advances8.4417.393.542.071.941.811.92
Total current assets9.4417.946.912.081.951.851.98
Total current liabilities8.3712.609.5123.3224.1524.0724.50
Net working capital1.075.34(2.60)(21.24)(22.20)(22.22)(22.52)
Total assets18315981.7343.9141.4241.5041.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.553.050.010.000.030.050.00
Net cash from operating activities28.9818.37(3.94)(0.88)(0.02)(0.02)(0.24)
Net cash from investing activities(28.36)(69.69)(19.29)(1.59)0.000.000.04
Net cash from financing activities(0.17)48.8326.602.470.000.000.25
Net change in cash0.45(2.50)3.370.00(0.02)(0.02)0.05
Closing cash1.000.553.370.010.000.030.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth--100.0%-86.5%-1.2%-5.2%+40.3%-
EBITDA growth-17.0%-341.7%-192.3%+30.0%-66.7%-6.3%-
PBT growth-51.9%--+9998.0%-+450.0%+9998.0%
Net income growth-51.7%-141.7%-700.0%+122.2%-156.3%+300.0%-
Revenue CAGR (3Y)-100.0%-100.0%-49.8%+9.5%-15.6%--0.5%
EBITDA CAGR (3Y)----25.9%--+23.5%
Profitability & leverage
Net income margin---+1.2%-5.5%+9.2%+3.2%
Return on capital employed-0.2%-0.2%-0.3%+0.2%0.0%+0.3%+0.6%
Return on net worth-0.5%-0.5%-1.0%-0.1%0.0%-1.7%-0.4%
Debt / equity0.920.833.080.000.000.000.00
Long-term debt / equity0.900.822.290.000.000.000.00
Interest cover-19.32-4.480.000.000.000.00100.00
Efficiency & per share
Fixed asset turnover0.000.000.000.040.040.040.03
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover0.000.000.00326.00165.00174.00124.00
EPS (₹)(0.26)(0.18)53.740.02(0.14)0.260.08
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)48.2148.4747.01(24.04)(32.39)(32.26)(32.52)

To see the full year-wise statements and ratios of VSF Projects Limited, buy the company report.

Board of directors of VSF Projects Limited

VSF Projects has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Lakshminarasimha Bobba ChowdaryWhole-Time Director12 Feb 201610 Years 8 MonthsCurrent
Narayana Murthy BobbaManaging Director04 Jun 199234 Years 5 MonthsCurrent
Vijaya Lakshmi BobbaWhole-Time Director30 Apr 200719 Years 6 MonthsCurrent
Ramesh Babu NemaniDirector15 Nov 20214 Years 11 MonthsCurrent
Sriramshetty Srinivasa RaoDirector15 Nov 20214 Years 11 MonthsCurrent
Sudhakar NagabhairavaAdditional Director24 Dec 20241 Years 10 MonthsCurrent

Auditor

VSF Projects Limited is audited by NVSR & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NVSR & AssociatesFY 2023008801S/S200060

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 43.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 1.30% and retail and other public shareholders hold 55.10%.

Promoters: 43.60%DII (Domestic Institutional): 1.30%Retail & Others: 55.10%
Mar 2026
QUARTER
43.60% Promoters
1.30% DII (Domestic Institutional)
55.10% Retail & Others
Promoter holding - history
Now 43.60% · Mar 2026High 43.60% · Mar 2026Low 43.50% · Jun 2025
42%42.8%43.5%44.3%45%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 43.50%Sep 2025: 43.50%Dec 2025: 43.50%Mar 2026: 43.60%43.50%43.60%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters43.60%43.50%43.50%43.50%
Public56.40%56.50%56.50%56.50%

Charges & borrowings

Open charges
₹83.9 Cr
Satisfied charges
₹15.71 Cr
Breakdown by lending institutions
Others₹83.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Dec 2024101050745Others₹90 LakhOpen
30 Jun 2023100738694Others₹83 CrOpen
16 Jul 2024100959944Others₹10 LakhSatisfied
08 Apr 201410493143Srei Equipment Finance Limited₹50 LakhSatisfied
05 Apr 201210349641Srei Equipment Finance Private Limited₹1.02 CrSatisfied

To see the full charge records of VSF Projects Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

VSF Projects Limited has 20 deals on record (20 market trades); the latest was in March 2026.

Total deals
20
Market trades
20

Deals on record (5 of 20)

WhenDealAmountParties
Mar 2026Market trade₹21.2 LakhBuyer: an individual
Seller: an individual
Sep 2025Market trade₹16.9 LakhSeller: Kalptaru 9 Ventures Private Limited
Dec 2024Market trade₹20.3 LakhSeller: Keshav Realtors Private Limited
Jan 2013Market trade₹70.6 LakhBuyer: an individual
Seller: Vesta Solutions Private Limited , I.K. Projects Private Limited
Jan 2013Market trade₹49.4 LakhBuyer: an individual
Seller: I.K. Projects Private Limited

To see the full deal history of VSF Projects Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for VSF Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

VSF Projects has 5 GST registrations: 2 active and 3 cancelled or inactive.

Total GSTINs
5
Active
2
Cancelled / inactive
3
GSTINStateStatusRegistered on
37AAACV7255P3ZKAndhra PradeshActive01 Feb 2023
36AAACV7255P2ZNTelanganaActive10 Oct 2017

To see the full GST registrations and return filing status of VSF Projects Limited, buy the company report.

Recent activity

VSF Projects Limited has 31 board changes on record since 1992: 19 appointments and 12 cessations. The latest: Poppoppu Lenin Babu was appointed as Company Secretary on 19 Sep 2025.

Filing
Vsf Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Vijayawada.
Charges
A charge registered on 16 Jul 2024 via Charge ID 100959944 with Others was fully satisfied on 06 Feb 2026.
AGM
Vsf Projects Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Poppoppu Lenin Babu was appointed as Company Secretary.
Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 101050745 was registered on 31 Dec 2024.
Appointed
Sudhakar Nagabhairava was appointed as Additional Director.
Ceased
Veera Brahma Rao Arekapudi ceased to be Whole-Time Director.
Ceased
Rahul Patibandla ceased to be Director.
Ceased
Reshma Kiranmayee Pulapa ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100959944 was registered on 16 Jul 2024.
Charges
A charge with Others amounted to Rs. 83.00 Cr with Charge ID 100738694 was registered on 30 Jun 2023.
Appointed
Veera Brahma Rao Arekapudi was appointed as Whole-Time Director.

47 earlier events are in the company report.

Frequently asked questions

VSF Projects is an active public limited company based in Nellore, Andhra Pradesh, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 04 June 1992 (34+ years old) and is registered under CIN L05005AP1992PLC014326. Listed on BSE: 519331.

VSF Projects has 6 current directors:

The latest financial statements of VSF Projects on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of VSF Projects is 37AAACV7255P3ZK, registered in Andhra Pradesh. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 36AAACV7255P2ZN (Telangana).

The CIN (Corporate Identification Number) of VSF Projects is L05005AP1992PLC014326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. VSF Projects is a listed company as per MCA records. Its shares are listed on BSE (code: 519331).

VSF Projects has 28 court cases on record: 13 filed by the company and 15 filed against it. 6 are pending. Most are in the high courts.

VSF Projects was incorporated on 04 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Vijayawada.

VSF Projects has 20 deals on record (20 market trades); the latest was in March 2026.

Poppoppu Lenin Babu was appointed as Company Secretary on 19 Sep 2025. Sudhakar Nagabhairava was appointed as Additional Director on 24 Dec 2024. Veera Brahma Rao Arekapudi ceased to be Whole-Time Director on 24 Dec 2024. VSF Projects has 31 board changes on record in total.