---
title: "Vision Infra Equipment Solutions Ltd (VIESL) — Share Price, Financials & Analysis"
symbol: "VIESL"
company: "Vision Infra Equipment Solutions Ltd"
canonical: "https://tapetide.com/stocks/VIESL"
isin: "INE0TR001017"
nse_symbol: "VIESL"
sector: "Services"
industry: "Commercial Services & Supplies"
market_cap_cr: 998.02
generated_at: "2026-09-13T19:02:45.024Z"
---

# Vision Infra Equipment Solutions Ltd (VIESL)

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

## Company

- **NSE Symbol:** VIESL
- **ISIN:** INE0TR001017
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2024-09-13
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** visioninfraindia.com

## About

Incorporated in 2015, Vision Infra Equipment Solutions Ltd is in the business of leasing, renting, refurbishing, 
and selling road construction equipment 
and other types of construction machinery. 
It also manages work contracts, projected crushing, soil stabilization, recycling, milling, and paving[1]

## Latest Price

- **Price:** ₹396.9
- **Change:** -7.5 (-1.85%)
- **Open:** ₹387.1
- **Day High:** ₹400
- **Day Low:** ₹387.1
- **Previous Close:** ₹404.4
- **Volume:** 4800
- **As Of:** 2026-09-11T09:56:57+00:00

## Key Fundamentals

Observed at 2026-09-11T04:49:41.650418Z.

- **Market Cap:** ₹998.02 Cr
- **Classification:** SME
- **P/E (reported):** 15.1
- **Book Value:** ₹92.99
- **Price to Book:** 4.35
- **Dividend Yield:** 0.12%
- **ROE:** 20.64%
- **ROCE:** 21.64%
- **Debt to Equity:** 1.43
- **Revenue (yearly):** ₹454.8 Cr
- **Net Income:** ₹34.1 Cr
- **EBITDA:** ₹130.5 Cr
- **52-Week High:** ₹417.5
- **52-Week Low:** ₹177
- **RSI (14):** 77.44

## Tapetide Score

- **Score:** 63 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Fair · Momentum: Rising
- **Percentile:** 94.2 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 14.04 | 9% |
| growth | 73.34 | 9% |
| momentum | 92.91 | 12% |
| ownership | 79.63 | 24% |
| quality | 61.22 | 22% |
| valuation | 50.12 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 29.7%
- Debtor days have improved from 237 to 104 days.

### Weaknesses

- Promoter holding has decreased over last quarter: -0.57%

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 400% | 60.24% | 231.67% |
| ebitda margin growth | 1.24% | — | — |
| net income growth | 487.93% | — | — |
| revenue growth | 524.73% | 19% | — |
| roce | 291.32% | — | — |
| roe | -17.01% | — | — |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 69 | 194 | 249 | 282 | 325 |
| Expenses | 52 | 142 | 184 | 210 | 241 |
| Operating Profit | 17 | 51 | 66 | 72 | 84 |
| OPM % | 25 | 26 | 26 | 26 | 26 |
| Other Income | 3 | 6 | 6 | 6 | 9 |
| Interest | 3 | 13 | 14 | 16 | 20 |
| Depreciation | 9 | 23 | 31 | 33 | 16 |
| Profit before tax | 8 | 21 | 27 | 29 | 57 |
| Tax % | 29 | 30 | 29 | 25 | 22 |
| Net Profit | 6 | 15 | 19 | 22 | 44 |
| EPS in Rs | 3.32 | 5.97 | 7.86 | 8.77 | 18.02 |

### Profit & Loss

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 360 | 69 | 443 | 607 |
| Expenses | 304 | 52 | 326 | 451 |
| Operating Profit | 56 | 17 | 117 | 156 |
| OPM % | 16 | 25 | 26 | 26 |
| Other Income | 9 | 3 | 11 | 15 |
| Interest | 0 | 3 | 26 | 36 |
| Depreciation | 0 | 9 | 54 | 49 |
| Profit before tax | 0 | 8 | 48 | 86 |
| Tax % | 44 | 29 | 30 | 23 |
| Net Profit | 0 | 6 | 34 | 66 |
| EPS in Rs | — | 3.32 | 13.82 | 26.79 |
| Dividend Payout % | — | 0 | 4 | 0 |

### Balance Sheet

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | — | 17 | 25 | 25 |
| Reserves | 0 | 6 | 140 | 238 |
| Borrowings | — | 238 | 275 | 377 |
| Other Liabilities | — | 91 | 75 | 235 |
| Total Liabilities | 0 | 351 | 515 | 876 |
| Fixed Assets | — | 195 | 271 | 427 |
| CWIP | — | 0 | 1 | 44 |
| Investments | 0 | 1 | 1 | 0 |
| Other Assets | — | 155 | 242 | 404 |
| Total Assets | 0 | 351 | 515 | 876 |

### Cash Flow

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | 29 | 18 | 177 |
| Cash from Investing Activity | — | -28 | -137 | -272 |
| Cash from Financing Activity | — | 2 | 118 | 99 |
| Net Cash Flow | — | 4 | -1 | 5 |
| Free Cash Flow | — | 2 | -108 | -72 |
| CFO/OP | — | 181 | 28 | 125 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 0 | 487 | 121 | 104 |
| Inventory Days | 0 | 403 | 79 | 133 |
| Days Payable | — | 443 | 46 | 43 |
| Cash Conversion Cycle | 0 | 446 | 154 | 194 |
| Working Capital Days | 0 | -68 | 45 | -2 |
| ROCE % | — | — | 20 | 23 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 70.2% | 70.24% | 70.26% | 70.26% |
| FIIs | 3% | 0% | 0% | 0% |
| DIIs | 0.57% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% |
| Public | 16.14% | 20.96% | 23.56% | 22.98% |
| Others | 10.09% | 8.8% | 6.18% | 6.76% |
| No. of Shareholders | 3441 | 2235 | 1776 | 1644 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 4 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 389.65 | Buy |
| EMA (10) | 385.67 | Buy |
| SMA (20) | 355.12 | Buy |
| EMA (20) | 365.69 | Buy |
| SMA (50) | 327.92 | Buy |
| EMA (50) | 338.68 | Buy |
| SMA (100) | 319.04 | Buy |
| EMA (100) | 317.97 | Buy |
| SMA (200) | 285.51 | Buy |
| EMA (200) | 286.61 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 71.58 | Sell |
| MACD (12,26,9) | 23.55 | Buy |
| Stochastic (14,3,3) | 83.6 | Sell |
| ADX (14) | 46.59 | Buy |
| Williams %R (14) | -20.1 | Neutral |
| ATR (14) | 16.04 | High Volatility |
| ROC (12) | 14.93 | Buy |
| Stoch RSI (14) | 73.47 | Neutral |
| UO (7,14,28) | 49.43 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - On Sep 9, 2026, board appointed an additional independent director and allotted 4.7 lakh shares via warrant conversion. | [Conversion 9 Sep - On Sep 9, 2026, board appointed an additional independent director and allotted 4.7 lakh shares via warrant conversion.](https://nsearchives.nseindia.com/corporate/VISION_09092026183846_Vision_Infra_-_Reg_30_Outcome_9th_Sept_2026.pdf) |
| 9 Sep - Board appointed Vasanti Mitesh Ambani as independent director and converted 4.7 lakh warrants into shares. | [Appointment 9 Sep - Board appointed Vasanti Mitesh Ambani as independent director and converted 4.7 lakh warrants into shares.](https://nsearchives.nseindia.com/corporate/VISION_09092026183837_Vision_Infra_-_Reg_30_Outcome_9th_Sept_2026.pdf) |
| 6 April 2026 - Received Regulation 74(5) certificate for quarter ended March 31, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 April 2026 - Received Regulation 74(5) certificate for quarter ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/VISION_06042026163203_Certificate__Depositories_and_Participants__Regulations_March_2026.pdf) |
| 5 Aug - No deviation in preferential issue proceeds use for quarter ended June 30, 2026; CARE Ratings reviewed. | [Monitoring Agency Report 5 Aug - No deviation in preferential issue proceeds use for quarter ended June 30, 2026; CARE Ratings reviewed.](https://nsearchives.nseindia.com/corporate/VISION_05082026154713_Statement_of_Deviation_and_Monitoring_Agency_report_June_2026.pdf) |
| 28 Aug - Newspaper ads published on August 28, 2026 for 3rd AGM notice and e-voting. | [Copy of Newspaper Publication 28 Aug - Newspaper ads published on August 28, 2026 for 3rd AGM notice and e-voting.](https://nsearchives.nseindia.com/corporate/VISION_28082026124840_AGM_Newspaper_advt_intimation_28th_August_2026.pdf) |
| 27 March 2026 - Trading window closed Apr 1, 2026 until 48 hours after FY/HY Mar 31, 2026 results announcement. | [Trading Window 27 March 2026 - Trading window closed Apr 1, 2026 until 48 hours after FY/HY Mar 31, 2026 results announcement.](https://nsearchives.nseindia.com/corporate/VISION_27032026131023_Trading_WindowClosure_Intimation_March_2026.pdf) |
| 27 Jul - Vision Infra received a Rs. 9.05 crore domestic work order for DBM/BC and CTB/WMM laying on July 27, 2026. | [Bagging/Receiving of orders/contracts 27 Jul - Vision Infra received a Rs. 9.05 crore domestic work order for DBM/BC and CTB/WMM laying on July 27, 2026.](https://nsearchives.nseindia.com/corporate/VISION_27072026163850_Work_order_Intimation_27th_July_2026.pdf) |
| 27 February 2026 - Received Rs.1.87 crore order to crush (-550) boulders for GSB; monthly billing, 15-day payment. | [Bagging/Receiving of orders/contracts 27 February 2026 - Received Rs.1.87 crore order to crush (-550) boulders for GSB; monthly billing, 15-day payment.](https://nsearchives.nseindia.com/corporate/VISION_27022026162948_Work_order_Intimation_27th_Feb_2026.pdf) |
| 27 Aug - FY26 annual report submitted; 3rd AGM scheduled for 21 September 2026 at Pune. | [Shareholders meeting 27 Aug - FY26 annual report submitted; 3rd AGM scheduled for 21 September 2026 at Pune.](https://nsearchives.nseindia.com/corporate/VISION_27082026130204_Notice_of_AGM_and_Annual_Report_2026.pdf) |
| 27 Aug - Finance Committee allotted 2,500 secured NCDs worth ₹25 crore on August 27, 2026. | [Allotment of Securities 27 Aug - Finance Committee allotted 2,500 secured NCDs worth ₹25 crore on August 27, 2026.](https://nsearchives.nseindia.com/corporate/VISION_27082026182914_Allotment_of_Debentures_27th_August_2026.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30698_VIESL_2025_2026_A_19170957_27082026130423.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27495_VIESL_2024_2025_A_19082025132836.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/VISION_26112025124819_VIESL_Intimation_of_Transcript_Sept_2025.pdf) |
| May 2025 | [Concall - May 2025](https://nsearchives.nseindia.com/corporate/VISION_27052025172647_VIESL_Investor_Presentation_March_2025.pdf) |
| Jan 2025 | [Concall - Jan 2025](https://nsearchives.nseindia.com/corporate/VISION_16012025161237_VIESL_Investor_Presentation.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 2026-09-13T19:02:45.024Z.