---
title: "Vruddhi Engineering Works Ltd (VRUDDHI) — Share Price, Financials & Analysis"
symbol: "544157"
company: "Vruddhi Engineering Works Ltd"
canonical: "https://tapetide.com/stocks/544157"
isin: "INE0OMZ01013"
bse_code: "544157"
sector: "Capital Goods"
industry: "Industrial Products"
market_cap_cr: 37.84
generated_at: "2026-10-15T11:15:34.349Z"
---

# Vruddhi Engineering Works Ltd (VRUDDHI)

Canonical page: https://tapetide.com/stocks/544157

## Company

- **BSE Code:** 544157
- **ISIN:** INE0OMZ01013
- **Sector:** Capital Goods
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-04-03
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vruddhicouplers.com

## About

Incorporated in 2020, Vruddhi Engineering 
Works Ltd provides mechanical splicing solutions to the real estate, construction, and infrastructure industry[1]

## Latest Price

- **Price:** ₹150
- **Change:** -5 (-3.23%)
- **Open:** ₹150
- **Day High:** ₹150
- **Day Low:** ₹150
- **Previous Close:** ₹155
- **Volume:** 1000
- **As Of:** 2026-10-15T08:03:18+00:00

## Key Fundamentals

Price-based figures as of 2026-10-15T13:33:18+05:30.

Observed at 2026-10-15T04:36:14.622636Z.

- **Market Cap:** ₹37.84 Cr
- **Classification:** SME
- **Book Value:** ₹45.7
- **Price to Book:** 3.28
- **Dividend Yield:** 0%
- **ROE:** 26.69%
- **ROCE:** 38.39%
- **Debt to Equity:** 0.55
- **Revenue (yearly):** ₹43.1 Cr
- **Net Income:** ₹3.1 Cr
- **EBITDA:** ₹5.5 Cr
- **52-Week High:** ₹249
- **52-Week Low:** ₹144
- **RSI (14):** 13.12

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 28.4%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 184.99% | 114.29% | — |
| ebitda margin growth | 34.73% | 75.89% | 97.54% |
| net income growth | 106.67% | 60% | 214% |
| revenue growth | 35.53% | 49% | 81.31% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 9.03 | 9.35 | 12.47 | 13.83 | 17.97 | 13.4 | 29.6 |
| Expenses | 8.51 | 8.38 | 12.18 | 12.97 | 15.84 | 11.31 | 26.28 |
| Operating Profit | 0.52 | 0.97 | 0.29 | 0.86 | 2.13 | 2.09 | 3.32 |
| OPM % | 5.76 | 10.37 | 2.33 | 6.22 | 11.85 | 15.6 | 11.22 |
| Other Income | 0 | 0 | 0.35 | 0.01 | 0.03 | 0.01 | 0.11 |
| Interest | 0.13 | 0.19 | 0.22 | 0.12 | 0.23 | 0.23 | 0.21 |
| Depreciation | 0.14 | 0.11 | 0.29 | 0.26 | 0.38 | 0.43 | 0.5 |
| Profit before tax | 0.25 | 0.67 | 0.13 | 0.49 | 1.55 | 1.44 | 2.72 |
| Tax % | 28 | 40.3 | -30.77 | 20.41 | 29.03 | 27.08 | 25.74 |
| Net Profit | 0.18 | 0.41 | 0.16 | 0.39 | 1.1 | 1.06 | 2.02 |
| EPS in Rs | 28.44 | 2.22 | 0.87 | 1.55 | 4.36 | 4.2 | 8 |

### Profit & Loss

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 2.21 | 13.07 | 21.82 | 31.8 | 43 |
| Expenses | 0.01 | 2.07 | 11.72 | 20.55 | 28.68 | 37.42 |
| Operating Profit | -0.01 | 0.14 | 1.35 | 1.27 | 3.12 | 5.58 |
| OPM % | — | 6.33 | 10.33 | 5.82 | 9.81 | 12.98 |
| Other Income | 0 | 0 | 0.02 | 0.35 | 0.03 | 0.11 |
| Interest | 0 | 0 | 0.14 | 0.41 | 0.47 | 0.59 |
| Depreciation | 0 | 0.02 | 0.22 | 0.41 | 0.64 | 0.93 |
| Profit before tax | -0.01 | 0.12 | 1.01 | 0.8 | 2.04 | 4.17 |
| Tax % | 0 | 25 | 25.74 | 28.75 | 26.96 | 26.14 |
| Net Profit | -0.01 | 0.09 | 0.75 | 0.57 | 1.49 | 3.08 |
| EPS in Rs | -10 | 90 | 118.48 | 3.09 | 5.9 | 12.2 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.01 | 0.06 | 1.84 | 2.52 | 2.52 |
| Reserves | -0.01 | 0.09 | 2.06 | 0.85 | 5.93 | 9.01 |
| Borrowings | 0.02 | 0.48 | 3.24 | 2.9 | 4.55 | 6.32 |
| Other Liabilities | 0.01 | 0.42 | 2.47 | 5.9 | 3.26 | 2.93 |
| Total Liabilities | 0.03 | 1 | 7.83 | 11.49 | 16.26 | 20.78 |
| Fixed Assets | 0 | 0.31 | 1.37 | 1.94 | 3.15 | 6.78 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0.01 | 0.01 | 0.01 | 0 |
| Other Assets | 0.03 | 0.69 | 6.45 | 9.54 | 13.1 | 14 |
| Total Assets | 0.03 | 1 | 7.83 | 11.49 | 16.26 | 20.78 |

### Cash Flow

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.02 | -0.04 | -2.32 | 1.4 | -3.53 | 3 |
| Cash from Investing Activity | 0.01 | -0.33 | -0.42 | -0.97 | -1.84 | -4.55 |
| Cash from Financing Activity | 0.02 | 0.45 | 3.02 | -0.64 | 5.61 | 1.34 |
| Net Cash Flow | 0.01 | 0.09 | 0.28 | -0.21 | 0.24 | -0.22 |
| Free Cash Flow | -0.02 | -0.37 | -3.6 | 0.43 | -5.37 | 1.46 |
| CFO/OP | 200 | -7 | -153 | 131 | -105 | 75 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 80.93 | 147.45 | 100.2 | 92.05 | 101.52 |
| Inventory Days | — | 9.36 | 16.8 | 18.03 | 5.95 | 11.26 |
| Days Payable | — | 35.1 | 75.03 | 72.6 | 28.23 | 16.31 |
| Cash Conversion Cycle | — | 55.19 | 89.22 | 45.62 | 69.77 | 96.46 |
| Working Capital Days | — | 16.52 | 26.25 | 17.73 | 63.47 | 42.7 |
| ROCE % | — | 40 | 38.72 | 22.1 | 27 | 30.73 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 98.63% | 72.05% | 72.05% | 72.05% | 72.05% |
| FIIs | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 1.37% | 23.04% | 23.13% | 24.92% | 25.43% |
| Others | 0% | 4.91% | 4.81% | 3.03% | 2.52% |
| No. of Shareholders | 7 | 95 | 117 | 129 | 125 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 165.77 | Sell |
| EMA (10) | 166.92 | Sell |
| SMA (20) | 182.83 | Sell |
| EMA (20) | 180.02 | Sell |
| SMA (50) | 208.93 | Sell |
| EMA (50) | 197.86 | Sell |
| SMA (100) | 206.42 | Sell |
| EMA (100) | 205.62 | Sell |
| SMA (200) | 212.08 | Sell |
| EMA (200) | 210.11 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 33.91 | Neutral |
| MACD (12,26,9) | -15.8 | Sell |
| Stochastic (14,3,3) | 21.99 | Neutral |
| ADX (14) | 38.76 | Buy |
| Williams %R (14) | -80.9 | Buy |
| ATR (14) | 10.32 | High Volatility |
| ROC (12) | -20.9 | Sell |
| Stoch RSI (14) | 47.34 | Neutral |
| UO (7,14,28) | 43.14 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-04-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd2f163a-e7e3-4c20-b65c-3769b9926905.pdf) |
| 2026-03-30 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b0d2304-b66b-463a-8307-2d2abc7a3e7d.pdf) |
| 2026-03-13 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd6ac530-047c-4e06-af79-2304f7a7f5b3.pdf) |
| 2026-03-12 | [Shareholder Meeting / Postal Ballot-Outcome of EGM](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c3278841-16d6-4e0f-b7f4-4c0c255c14b4.pdf) |
| 2026-02-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/585b7ab3-41e4-4445-a5aa-4c106a2e0eb0.pdf) |
| 2026-02-24 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7a135ce-46ff-4777-b913-a2e0151b12a3.pdf) |
| 2026-02-24 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9cd43b37-b8b8-4601-a022-4b1ed14926d4.pdf) |
| 2026-02-21 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/972d87f1-c53f-4cfc-b34d-a876f99e8aae.pdf) |
| 2026-02-18 | [EGM To Be Held On March 12, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5192c50-1633-4d25-a4b4-dfa69dd25682.pdf) |
| 2026-02-18 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8141940d-8783-4603-ac97-322f7c791a4e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Annual Report 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34813b2a-1c00-418b-b5bf-6d261a62a33c.pdf) |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5857da59-9851-4462-894a-70bbc70c082b.pdf) |
| 2024 | [Annual Report 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/65bf7392-dc44-48e3-963a-2d57bf5c2f34.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b705d99b-5663-4cb3-82e7-7c5ace25303b.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/123ec85b-56fa-4f97-81c6-ade55212dcf7.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/500350/74251500350.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/500350/69635500350.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/500350/64957500350.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/500350/5003500319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/500350/5003500318.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/129a14cc-3da9-43f7-ab82-f77cea1888b9.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2da52a40-858e-429e-896e-3a284f45ee0c.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c94cf61-4079-44a0-90d6-0c54b13dbe32.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ccc359f0-9bde-49ad-9fec-7eb0ac16c73b.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bba8b7ea-522f-4554-b8d3-2ac18a61d076.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/596017f9-8b3a-4d0c-a00c-d791aba64b98.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3b7fb5f-61cd-44e3-8cd0-4221d38fe36c.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/812e613a-a25c-4821-b68f-51f2864f88b9.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/079113fa-7392-4c7e-a6b5-af62d43b4dc2.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c5507126-76aa-47ef-8664-76007e1ce0fa.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2024-02-06 | Credit rating update — India Ratings |
| 2022-02-01 | Credit rating update — India Ratings |
| 2021-02-26 | Credit rating update — India Ratings |
| 2019-12-03 | Credit rating update — India Ratings |
| 2019-03-29 | Credit rating update — India Ratings |
| 2019-03-07 | Credit rating update — India Ratings |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-10-08 | [Revised Outcome Of Board Meeting Held On May 28 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7b00560-b5be-40b8-9fb4-9dd695bcbb5d.pdf) |
| 2026-10-01 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=46bb6bc4-3f3a-4f55-a220-76a404a0bbc9.pdf) |
| 2026-09-30 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=57d3588f-25d1-4d76-b56e-7533c2836b24.pdf) |
| 2026-09-30 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6b7dbf9-3f41-4491-8334-3ad1e970b704.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fdea4407-0b1f-41a1-bd28-7ede27353100.pdf) |
| 2026-09-08 | [AGM On 30.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=44ac8015-6e0d-4a2e-847a-7a4127fe9f6f.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aaf3dd65-946c-4ea6-9b75-942ce4d4d3bf.pdf) |
| 2026-05-29 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d3a9e0b-5b5a-4c27-8032-40555227337b.pdf) |
| 2026-05-28 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21450dab-e0c5-473c-a71e-77053a04cac1.pdf) |
| 2026-05-23 | [Board Meeting Intimation for Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c4707267-a0ba-43d3-92b2-0938f2a4808a.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-28 | [Result March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e7b72dd1-1aa3-4cc2-ae7c-268b29839e30.pdf) |
| 2025-11-13 | [Financial Results - September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=78228797-07b5-4c70-92e5-3763da2e1977.pdf) |
| 2025-05-30 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a030d82-263a-4d49-8904-fc0974cb179a.pdf) |
| 2024-11-12 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=526f51a2-72f4-49ec-8fec-31186a3f556a.pdf) |
| 2024-05-30 | [Result For March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8022e74b-fac7-45be-9d8b-f9e8eed9acc7.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 2026-10-15T11:15:34.349Z.