---
title: "VKJ Infradevelopers Ltd (536128) — Share Price, Financials & Analysis"
symbol: "536128"
company: "VKJ Infradevelopers Ltd"
canonical: "https://tapetide.com/stocks/536128"
isin: "INE211P01021"
bse_code: "536128"
sector: "Industrials"
industry: "Construction"
generated_at: "2026-09-13T19:15:58.944Z"
---

# VKJ Infradevelopers Ltd (536128)

Canonical page: https://tapetide.com/stocks/536128

## Company

- **BSE Code:** 536128
- **ISIN:** INE211P01021
- **Sector:** Industrials
- **Industry:** Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2013-08-30
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** vkjinfra.com

## About

Incorporated in 2010, VKJ Infra Developers Ltd is in the business of trading and construction of properties.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.26 times its book value

### Weaknesses

- Company has a low return on equity of 0.05% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 300% | 26% | -45% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.11 | 0.05 | 0.05 | 0.05 | 0.06 | 0.04 | 0.03 | 0.03 | 0.08 | 0.05 | 0.04 | 0.04 |
| Operating Profit | -0.11 | -0.05 | -0.05 | -0.05 | -0.06 | -0.04 | -0.03 | -0.03 | -0.08 | -0.05 | -0.04 | -0.04 |
| Other Income | 0.11 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 | 0.1 | 0.05 | 0.04 | 0.04 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | -0.01 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 |
| Tax % | — | — | — | — | 0 | — | — | — | 0 | — | — | — |
| Net Profit | -0.01 | 0 | 0 | 0 | -0.01 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 |
| EPS in Rs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2.22 | 5.12 | 4.07 | 4.18 | 2.73 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 2.27 | 5.27 | 4.34 | 4.51 | 3.12 | 0.27 | 0.19 | 0.22 | 0.18 | 0.21 |
| Operating Profit | -0.05 | -0.15 | -0.27 | -0.33 | -0.39 | -0.27 | -0.19 | -0.22 | -0.18 | -0.21 |
| OPM % | -2.25 | -2.93 | -6.63 | -7.89 | -14.29 | — | — | — | — | — |
| Other Income | 0.28 | 0.5 | 0.41 | 0.75 | 0.86 | 0.29 | 0.22 | 0.22 | 0.2 | 0.23 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.2 | 0.32 | 0.12 | 0.41 | 0.46 | 0.01 | 0.03 | 0 | 0.02 | 0.02 |
| Tax % | 15 | 12.5 | 33.33 | 4.88 | 4.35 | 0 | 33.33 | — | 0 | — |
| Net Profit | 0.18 | 0.28 | 0.09 | 0.4 | 0.44 | 0.01 | 0.02 | 0 | 0.02 | 0.02 |
| EPS in Rs | 0.01 | 0.01 | 0 | 0.02 | 0.02 | 0 | 0 | 0 | 0 | 0 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 17.85 | 17.85 | 17.85 | 17.85 | 23.8 | 23.8 | 23.8 | 23.8 | 23.8 | 23.8 |
| Reserves | 7.97 | 8.07 | 8.15 | 8.18 | 2.28 | 2.29 | 2.31 | 2.31 | 2.33 | 2.33 |
| Borrowings | 0.79 | 0.47 | 1.79 | 3.31 | 3.31 | 3.12 | 2.94 | 2.62 | 1.77 | 1.01 |
| Other Liabilities | 10.86 | 4.8 | 5.29 | 5.94 | 7.04 | 7.09 | 7.04 | 6.6 | 6.15 | 6.86 |
| Total Liabilities | 37.47 | 31.19 | 33.08 | 35.28 | 36.43 | 36.3 | 36.09 | 35.33 | 34.05 | 34 |
| Fixed Assets | 0.1 | 0.07 | 0.05 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 9.34 | 5.58 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 | 5.59 | 5.6 |
| Other Assets | 28.03 | 25.54 | 27.44 | 29.66 | 30.82 | 30.69 | 30.49 | 29.73 | 28.45 | 28.39 |
| Total Assets | 37.47 | 31.19 | 33.08 | 35.28 | 36.43 | 36.3 | 36.09 | 35.33 | 34.05 | 34 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.17 | -0.23 | -0.37 | -0.07 | -0.2 | -0.08 | -0.1 | 0.37 | -0.66 | 0.53 |
| Cash from Investing Activity | 0.14 | -23.64 | 6.94 | 0.45 | -1.41 | 0.07 | 0.33 | -0.22 | 1.02 | 0.39 |
| Cash from Financing Activity | 0 | 24.09 | -6.7 | -0.31 | 2.66 | 0 | -0.22 | -0.18 | -0.32 | -0.85 |
| Net Cash Flow | -0.03 | 0.22 | -0.14 | 0.06 | 1.05 | -0.01 | 0.02 | -0.03 | 0.05 | 0.06 |
| Free Cash Flow | -0.24 | -0.23 | -0.37 | -0.07 | -0.2 | -0.08 | -0.1 | 0.37 | -0.66 | 0.53 |
| CFO/OP | 167 | 420 | 227 | 26 | 55 | 15 | 30 | -195 | 300 | -294 |

### Ratios

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 71.94 | 162.77 | 100.52 | 295.05 | 445.33 | 791.5 | — | — | — | — |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — |
| Cash Conversion Cycle | 71.94 | 162.77 | 100.52 | 295.05 | 445.33 | 791.5 | — | — | — | — |
| Working Capital Days | 10.58 | 161.13 | 355.73 | 582.03 | 572.82 | 861.03 | — | — | — | — |
| ROCE % | 0.81 | 0.41 | 1.21 | 0.44 | 1.44 | 1.57 | 0.03 | 0.1 | 0 | 0.07 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Dec 2023 | Dec 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% |
| FIIs | 1.01% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 72.66% | 73.67% | 73.67% | 73.67% | 73.67% | 73.67% | 73.66% | 73.66% | 73.66% |
| No. of Shareholders | 2150 | 14853 | 13329 | 13224 | 13321 | 13678 | 13678 | 14835 | 14835 |

### Quarterly

| Category | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% | 26.33% |
| Public | 73.67% | 73.67% | 73.67% | 73.67% | 73.66% | 73.66% | 73.66% | 73.67% | 73.66% | 73.66% | 73.66% | 73.66% |
| No. of Shareholders | 13321 | 13510 | 13678 | 13713 | 13678 | 13843 | 13678 | 14343 | 14835 | 14835 | 14835 | 14835 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 0.3 | Sell |
| EMA (10) | 0.3 | Sell |
| SMA (20) | 0.3 | Sell |
| EMA (20) | 0.3 | Sell |
| SMA (50) | 0.33 | Sell |
| EMA (50) | 0.33 | Sell |
| SMA (100) | 0.39 | Sell |
| EMA (100) | 0.35 | Sell |
| SMA (200) | 0.39 | Sell |
| EMA (200) | 0.35 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.29 | Neutral |
| MACD (12,26,9) | -0.01 | Sell |
| Stochastic (14,3,3) | 33.33 | Neutral |
| ADX (14) | 19.86 | Neutral |
| Williams %R (14) | -71.43 | Neutral |
| ATR (14) | 0.02 | High Volatility |
| ROC (12) | -3.33 | Sell |
| Stoch RSI (14) | 30.5 | Neutral |
| UO (7,14,28) | 42.04 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2025-04-02 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=179d6634-02ac-4534-b138-d992ad643bfa.pdf) |
| 2025-02-12 | [Board Meeting Intimation for Consider And Approve Unaudited Financial Results For The Quarter Ended On 31St December 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce16847e-31c5-458c-aa65-7af6d52dd346.pdf) |
| 2024-10-15 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68454a9b-eb07-4b7b-adbe-3f8202f69499.pdf) |
| 2024-09-27 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b103d050-1c7f-44da-b2b1-2c0e8eba81e3.pdf) |
| 2024-08-30 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=babd768e-cc1b-4152-8418-2ceaf9bd51e1.pdf) |
| 2024-08-30 | [INTIMATION OF BOOK CLOSURE](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=62ffaf58-e109-485b-bbb1-afa294d7f871.pdf) |
| 2024-08-27 | [Board Meeting Intimation for Consider And Approve Intimation Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92939df3-e299-4f3f-bc2b-b4208c057115.pdf) |
| 2024-07-02 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c710a798-2add-490f-aa4f-de39774d7d7e.pdf) |
| 2024-04-04 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0123fab-f8ce-402a-b41d-cd2fd3df5a5f.pdf) |
| 2024-01-29 | [Board Meeting Intimation for Consider And Approve Unaudited Financial Results For The Quarter Ended On 31St December, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=57cafa26-cf9e-4cf1-9ef7-9a2bdbe436ce.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 12 Feb 2025 - Board meeting to approve Q4 financial results. | [Board Meeting Intimation for Consider And Approve Unaudited Financial Results For The Quarter Ended On 31St December, 2024. 12 Feb 2025 - Board meeting to approve Q4 financial results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce16847e-31c5-458c-aa65-7af6d52dd346.pdf) |
| 1 Jan 2025 - Closure of trading window for insider trading compliance. | [Closure of Trading Window 1 Jan 2025 - Closure of trading window for insider trading compliance.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5b6aff7a-c3a0-472d-83b6-248f2783b1f5.pdf) |
| 1 Jan 2025 - Closure of trading window for insider trading compliance. | [Closure of Trading Window 1 Jan 2025 - Closure of trading window for insider trading compliance.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b6aff7a-c3a0-472d-83b6-248f2783b1f5.pdf) |
| — | [Closure of Trading Window 2 Apr 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/179d6634-02ac-4534-b138-d992ad643bfa.pdf) |
| — | [Closure of Trading Window 15 Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/68454a9b-eb07-4b7b-adbe-3f8202f69499.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Outcome of AGM 27 Sep 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b103d050-1c7f-44da-b2b1-2c0e8eba81e3.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_MCLEODRUSS_2011_2012_06072012104251.zip) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/93f3a08b-bae1-48a6-abbb-a79d86a0a3d2.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/536128/72633536128.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/536128/68464536128.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/536128/5361280319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/536128/5361280318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/536128/5361280317.pdf) |
| from bse | [Financial Year 2016 from bse](http://www.bseindia.com/bseplus/AnnualReport/532654/5326540316.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/536128/5361280316.pdf) |
| from bse | [Financial Year 2015 from bse](http://www.bseindia.com/bseplus/AnnualReport/532654/5326540315.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:15:58.944Z.
