Vascon Engineers Limited (VASCONEQ) AI Stock Analysis

• Market Cap: ₹15.58B
• Dividend Yield: N/A
• Average Volume (3M): 979.37K
• Price to Earnings (P/E): 10.9
• Beta (1Y): 1.62
• Revenue Growth: 3.46%
• EPS Growth: 159.96%
• Country: IN
• Employees: 752
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 0.51
• Shares Outstanding: 226,287,110
• 10 Day Avg. Volume: 570,650
• 30 Day Avg. Volume: 979,368
• PEG Ratio: 0.07
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 0.82
• P/FCF Ratio: -64.96
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ₹55.00 ▲(7.23% Upside)

The overall stock score is primarily driven by strong financial performance and attractive valuation. However, bearish technical indicators and cash flow challenges weigh down the score. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth over several years indicates strong market demand and effective business strategy, supporting long-term stability.

Operational Efficiency

Enhanced margins demonstrate effective cost management and operational improvements, contributing to sustainable profitability.

Leverage Management

Improved leverage management enhances financial stability and reduces risk, supporting long-term financial health.

Negative Factors

Cash Flow Challenges

Inconsistent cash flow conversion from profits may impact the company's ability to fund operations and growth initiatives sustainably.

Gross Profit Margin Decline

A declining gross profit margin could signal rising costs or pricing pressures, potentially affecting future profitability.

Debt Level Fluctuations

Fluctuating debt levels may impact financial flexibility and increase risk, necessitating careful management to maintain stability.

Vascon Engineers Limited Business Overview & Revenue Model

Company Description

Vascon Engineers Limited (VASCONEQ) is a prominent construction and engineering company based in India, specializing in a diverse range of infrastructure projects. The firm operates primarily in sectors such as residential, commercial, and industrial construction, as well as infrastructure development including roads, bridges, and urban development projects. VASCONEQ is known for its commitment to quality and innovation, offering services that encompass project management, design, and execution of complex engineering solutions.

How the Company Makes Money

Vascon Engineers generates revenue through various channels, primarily by undertaking construction contracts for government and private sector projects. The company's revenue model is built on a mix of fixed-price and cost-plus contracts, allowing for flexibility in pricing based on project specifications. Key revenue streams include residential and commercial building projects, infrastructure development, and specialized engineering services. Additionally, VASCONEQ has established significant partnerships with public and private sector entities, enhancing its project portfolio and opening new avenues for growth. The company also benefits from repeat business and long-term contracts, which provide stable cash flow and contribute to its overall financial performance.

Vascon Engineers Limited Financial Statement Overview

Summary

Vascon Engineers Limited has demonstrated strong revenue growth and improved profitability, with a notable increase in total revenue and enhanced operational efficiency. However, fluctuations in cash flow metrics suggest potential challenges in cash management.

Income Statement

Vascon Engineers Limited has demonstrated a strong revenue growth trajectory with a notable increase in total revenue from ₹4,829 million in 2020 to ₹10,904 million in 2025. The gross profit margin remains healthy, although there was a slight decline in gross profit from 2024 to 2025. The company has successfully improved its net profit margin and EBIT margin over the years, reflecting enhanced operational efficiency and profitability. However, the sharp increase in EBIT in 2025 compared to 2024 indicates a significant improvement in operational performance.

Balance Sheet

The company's balance sheet reflects a stable financial position with increasing stockholders' equity and total assets. The debt-to-equity ratio has improved, indicating better leverage management. The equity ratio has remained strong, suggesting good financial health. However, the company's total debt level, while manageable, has seen fluctuations that could pose potential risks if not controlled.

Cash Flow

The cash flow statement shows fluctuations in free cash flow, with a significant negative free cash flow in 2025 compared to previous years. Operating cash flow has improved from a negative position in 2024 to a positive in 2025, indicating better cash generation from operations. Nonetheless, the free cash flow to net income ratio indicates that the company may face challenges in converting profits into free cash flow consistently.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2020
Income Statement
Total Revenue	11.03B	10.78B	10.34B	9.98B	6.51B	4.83B
Gross Profit	1.58B	1.78B	1.93B	2.02B	1.28B	1.28B
EBITDA	1.86B	1.00B	1.05B	1.08B	713.30M	723.89M
Net Income	1.43B	1.30B	668.92M	974.91M	351.86M	395.88M
Balance Sheet
Total Assets	0.00	21.28B	18.62B	16.49B	14.90B	13.56B
Cash, Cash Equivalents and Short-Term Investments	2.34B	2.34B	349.73M	645.30M	613.57M	442.41M
Total Debt	0.00	2.06B	1.94B	1.42B	1.65B	2.57B
Total Liabilities	-10.93B	10.36B	8.67B	7.25B	6.66B	6.12B
Stockholders Equity	10.93B	10.93B	9.81B	9.12B	8.11B	7.34B
Cash Flow
Free Cash Flow	0.00	-135.90M	-487.83M	617.37M	182.72M	328.51M
Operating Cash Flow	0.00	47.60M	-285.08M	1.04B	332.81M	375.19M
Investing Cash Flow	0.00	680.80M	-118.80M	-319.83M	-126.61M	-270.53M
Financing Cash Flow	0.00	269.00M	53.10M	-441.27M	-221.40M	-344.94M

Vascon Engineers Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 51.29
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VASCONEQ, the sentiment is Negative. The current price of 51.29 is below the 20-day moving average (MA) of 57.77, below the 50-day MA of 62.64, and above the 200-day MA of 50.72, indicating a neutral trend. The MACD of -3.86 indicates Positive momentum. The RSI at 34.48 is Neutral, neither overbought nor oversold. The STOCH value of 15.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:VASCONEQ.

Vascon Engineers Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VASCONEQ	61 Neutral	₹15.58B	10.87	―	―	3.46%	159.96%
CREST	61 Neutral	₹11.01B	21.30	―	0.26%	-9.89%	-42.10%
ROHLTD	61 Neutral	₹10.91B	23.64	―	0.61%	10.77%	-4.40%
SATINDLTD	61 Neutral	₹9.64B	19.22	―	0.34%	26.49%	7.30%
DVL	60 Neutral	₹11.58B	7.96	―	1.70%	-16.02%	-61.61%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
VAKRANGEE	54 Neutral	₹8.60B	87.93	―	0.62%	17.25%	51.76%