Vas Infrastructure
Vas Infrastructure
RealtyKey Fundamentals
MicrocapResidential Commercial ProjectsRealtyTapetide Score
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Key Insights
Weaknesses
2- Promoter holding is low: 38.1%
- Promoter holding has decreased over last 3 years: -10.3%
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | -1.42 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.61 | 2.01 | 0.53 | 5.47 | 0.11 | 0.22 | 0.1 | 0.14 | 0.18 | 0.12 | 0.1 | 0.16 | 0.15 |
| Operating Profit | -2.03 | -2.01 | 0.47 | -5.47 | -0.11 | -0.22 | -0.1 | -0.14 | -0.18 | -0.12 | -0.1 | -0.16 | -0.15 |
| OPM % | — | — | 47% | — | — | — | — | — | — | — | — | — | — |
| Other Income | -0.03 | -0.02 | 0 | -0.01 | 0.01 | 0 | 0.06 | 0.05 | 0 | 0.21 | 0.12 | 0.57 | 0.03 |
| Interest | 13.26 | 13.94 | 14.53 | 11.31 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | -15.35 | -16 | -14.09 | -16.82 | -0.11 | -0.23 | -0.05 | -0.09 | -0.18 | 0.09 | 0.02 | 0.41 | -0.12 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 11.11% | 0% | 0% | 0% | 2.44% | 0% |
| Net Profit | -15.35 | -16 | -14.09 | -16.82 | -0.11 | -0.23 | -0.06 | -0.1 | -0.18 | 0.09 | 0.02 | 0.39 | -0.13 |
| EPS in Rs | -10.15 | -10.58 | -9.31 | -11.12 | -0.07 | -0.15 | -0.04 | -0.07 | -0.12 | 0.06 | 0.01 | 0.26 | -0.09 |
Profit & Loss
| Particulars | Mar 2015 18m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 93.5 | 59.15 | 15.67 | 6.81 | 0.44 | 2.63 | -1.6 | 0.2 | 1.62 | -0.42 | 0 | 0 | 0 |
| Expenses | 70.84 | 61.03 | 16.5 | 10.9 | 8.84 | 4.83 | -0.66 | 8.09 | 8.57 | 8.69 | 0.58 | 0.54 | 0.53 |
| Operating Profit | 22.66 | -1.88 | -0.83 | -4.09 | -8.4 | -2.2 | -0.94 | -7.89 | -6.95 | -9.11 | -0.58 | -0.54 | -0.53 |
| OPM % | 24.24% | -3.18% | -5.3% | -60.06% | -1909.09% | -83.65% | — | -3945% | -429.01% | — | — | — | — |
| Other Income | 5.01 | 6.29 | 3.18 | 2.98 | 2.7 | 0.65 | 0.6 | 1.92 | 8.33 | 0.01 | 0.12 | 0.89 | 0.93 |
| Interest | 25.61 | 19.68 | 19.81 | 19.24 | 19.68 | 25.73 | 34.62 | 42.22 | 48.31 | 53.04 | 0 | 0 | 0 |
| Depreciation | 0.96 | 0.42 | 0.47 | 0.46 | 0.45 | 0.3 | 0.25 | 0.28 | 0.12 | 0.12 | 0.03 | 0.01 | 0 |
| PBT | 1.1 | -15.69 | -17.93 | -20.81 | -25.83 | -27.58 | -35.21 | -48.47 | -47.05 | -62.26 | -0.49 | 0.34 | 0.4 |
| Tax % | 86.36% | -1.27% | 2.68% | 0% | -0.62% | 0% | 0% | 1.46% | 0% | 0% | 2.04% | 2.94% | — |
| Net Profit | 0.16 | -15.48 | -18.4 | -20.81 | -25.67 | -27.57 | -35.21 | -49.19 | -47.05 | -62.26 | -0.5 | 0.33 | 0.37 |
| EPS in Rs | 0.12 | -11.26 | -13.38 | -14.43 | -16.97 | -18.22 | -23.27 | -32.51 | -31.1 | -41.15 | -0.33 | 0.22 | 0.24 |
| Div. Payout % | 601.56% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13.75 | 13.75 | 13.75 | 14.42 | 15.13 | 15.13 | 15.13 | 15.13 | 15.13 | 15.13 | 15.13 | 15.13 |
| Reserves | 34.9 | 19.41 | -8.23 | -29.22 | -54.72 | -82.42 | -118 | -166 | -212 | -274 | -275 | -274 |
| Borrowings | 149 | 132 | 149 | 168 | 187 | 212 | 115 | 109 | 110 | 120 | 120 | 120 |
| Other Liabilities | 22.99 | 22.77 | 16.77 | 12.9 | 9.97 | 6.8 | 139 | 190 | 228 | 277 | 280 | 295 |
| Total Liabilities | 220 | 188 | 172 | 166 | 158 | 151 | 152 | 149 | 141 | 138 | 141 | 156 |
| Fixed Assets | 3.05 | 2.5 | 4.39 | 3.64 | 1.84 | 3.05 | 0.62 | 0.35 | 0.17 | 0.05 | 0.02 | 0.01 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 12.34 | 12.34 | 1.67 | 1.76 | 0.85 | 0.52 | 0.62 | 1.7 | 84.23 | 83.94 | 83.92 | 84.62 |
| Other Assets | 205 | 173 | 166 | 161 | 155 | 148 | 151 | 147 | 56.34 | 54.21 | 56.66 | 71.29 |
| Total Assets | 220 | 188 | 172 | 166 | 158 | 151 | 152 | 149 | 141 | 138 | 141 | 156 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 29.57 | -43.27 | 0.49 | 0.19 | -6.32 | 2.76 | 0.36 | 7.47 | 72.89 | -10.54 | 2.21 | 13.85 |
| Investing | -0.34 | -29.9 | -0.86 | 0.5 | 6.49 | -0.93 | 0.46 | 0.55 | -73.86 | 0.55 | 0.12 | 0.89 |
| Financing | -25.26 | 72.38 | -2.67 | -0.68 | 0.1 | -1.73 | -1.1 | -7.66 | 0.1 | 10.16 | 0.05 | 0 |
| Net Cash Flow | 3.97 | -0.79 | -3.03 | 0.02 | 0.26 | 0.1 | -0.28 | 0.37 | -0.86 | 0.17 | 2.38 | 14.74 |
| Free Cash Flow | 27.34 | -43.19 | 0.34 | 0.21 | -6.04 | 2.81 | 0.36 | 7.46 | 80.85 | -10.54 | 2.21 | 13.85 |
| CFO/OP | 130 | 2,302 | -59 | -5 | 77 | -125 | -38 | -104 | -1,049 | 116 | -383 | -2,567 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 207 | 266 | 1,022 | 2,170 | 6,910 | 984 | -1,478 | 2,884 | 108 | -8.69 | — | — |
| Inventory Days | — | 1,326 | 2,426 | 5,758 | 26,631 | 9,369 | — | 21,166 | 6,127 | 4,101 | — | — |
| Days Payable | — | 201 | 224 | 550 | 1,484 | 404 | — | 403 | 79.1 | 19.29 | — | — |
| Cash Conversion Cycle | 207 | 1,391 | 3,224 | 7,377 | 32,057 | 9,949 | -1,478 | 23,646 | 6,156 | 4,073 | — | — |
| Working Capital Days | 231 | 657 | 3,275 | 7,378 | 1,20,915 | 19,679 | 2,776 | -78,895 | -38,676 | -2,03,713 | — | — |
| ROCE % | 16.87% | 2.23% | -0.35% | -1.02% | -4.18% | -1.23% | -0.75% | — | — | — | — | — |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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58 extracted metrics + investor summaries across FY09–FY26.
Documents
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Company Information
Incorporated in 1994, Vas Infrastructure Ltd is in the business of Development of Real Estate, residential facilities including infrastructure.
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