V R Infraspace (VR)₹89.500.00%Residential, Commercial Projects
In the Mar 2026 quarter (consolidated), V R Infraspace reported sales of ₹55.60 Cr, up 200.9% from Mar 2025, and net profit of ₹4.25 Cr, up 219.5% year on year. For the year to Mar 2026, sales were ₹74.34 Cr and net profit ₹5.88 Cr.
Company filings, consolidated accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 9.17 | 7.25 | 11.71 | 13.12 | 18.48 | 18.75 | 55.60 |
| Expenses | 7.73 | 6.17 | 9.32 | 10.97 | 15.68 | 15.49 | 47.80 |
| Operating Profit | 1.47 | 1.12 | 2.45 | 2.20 | 2.87 | 3.31 | 7.98 |
| OPM % | 15.8% | 15.2% | 20.8% | 16.6% | 15.4% | 17.5% | 14.2% |
| Other Income | 0.12 | 0.24 | 0.00 | 0.22 | 1.09 | 0.09 | 1.98 |
| Interest | 0.35 | 0.11 | 0.30 | 0.07 | 2.01 | 1.15 | 3.94 |
| Depreciation | 0.02 | 0.02 | 0.00 | 0.03 | 0.03 | 0.01 | 0.09 |
| Profit before tax | 1.23 | 1.24 | 2.14 | 2.33 | 1.93 | 2.23 | 5.92 |
| Tax % | 6.5% | 25.1% | 31.8% | 28.0% | 30.7% | 26.5% | 27.7% |
| Exceptional items | 0.00 | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 1.22 | 1.03 | 1.60 | 1.67 | 1.33 | 1.62 | 4.25 |
| EPS (Rs) | 1.89 | 1.61 | 1.54 | 1.03 | 1.25 | 1.31 | 3.13 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 12.76 | 13.02 | 18.01 | 18.64 | 31.36 | 74.34 |
| Expenses | 9.69 | 10.94 | 15.14 | 15.15 | 26.41 | 63.29 |
| Operating Profit | 3.11 | 2.14 | 2.93 | 3.58 | 5.09 | 11.30 |
| OPM % | 24.2% | 16.3% | 16.1% | 19.1% | 16.1% | 15.1% |
| Other Income | 0.06 | 0.12 | 0.44 | 0.31 | 1.30 | 2.07 |
| Interest | 2.34 | 1.45 | 0.71 | 0.42 | 2.09 | 5.10 |
| Depreciation | 0.03 | 0.02 | 0.03 | 0.01 | 0.05 | 0.12 |
| Profit before tax | 0.81 | 0.78 | 2.64 | 3.45 | 4.25 | 8.14 |
| Tax % | 14.9% | 19.4% | 6.4% | 28.7% | 29.2% | 27.2% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.71 | 0.79 | 2.45 | 2.63 | 3.01 | 5.88 |
| EPS (Rs) | 1.12 | 1.24 | 3.79 | 2.70 | 2.27 | 4.42 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 11.2% | 0.0% | 0.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 6.49 | 6.49 | 6.48 | 8.89 | 8.89 | 8.89 |
| Reserves | 2.21 | 3.00 | 5.26 | 25.58 | 27.33 | 31.26 |
| Borrowings | 16.80 | 10.41 | 9.73 | 5.51 | 17.24 | 31.80 |
| Other Liabilities | 29.19 | 29.22 | 7.04 | 49.63 | 48.06 | 40.37 |
| Total Liabilities | 54.69 | 49.12 | 28.51 | 89.61 | 102 | 112 |
| Fixed Assets | 0.05 | 0.07 | 0.04 | 0.06 | 0.23 | 9.69 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.10 | 4.27 | 4.41 | 0.53 | 0.47 | 0.48 |
| Other Assets | 50.54 | 44.78 | 24.06 | 89.02 | 101 | 102 |
| Inventories | 22.09 | 20.09 | 11.05 | 59.20 | 74.27 | 62.23 |
| Trade receivables | 21.99 | 22.99 | 9.01 | 6.99 | 20.99 | 30.97 |
| Cash & equivalents | 4.01 | 1.01 | 1.01 | 21.09 | 4.02 | 5.02 |
| Total Assets | 54.69 | 49.12 | 28.51 | 89.61 | 102 | 112 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | 4.14 | 6.31 | 1.65 | −2.98 | −27.25 | −1.78 |
| Cash from investing activity | 2.49 | −0.18 | −0.27 | −3.86 | 1.02 | −7.70 |
| Cash from financing activity | −4.13 | −9.30 | −1.24 | 27.07 | 9.36 | 9.95 |
| Net cash flow | 2.47 | −3.16 | 0.14 | 20.14 | −16.71 | 0.49 |
| Capex | 0.03 | 0.05 | 0.00 | 0.05 | 0.21 | 9.57 |
| Free cash flow | 4.12 | 6.26 | 1.65 | −3.02 | −27.41 | −11.36 |
| CFO / OP % | 137.1% | 302.1% | 62.0% | −62.9% | −511.0% | −1.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 623 | 651 | 191 | 137 | 243 | 154 |
| Inventory days | 4,210 | 1,404 | 338 | — | 1,727 | 406 |
| Days payable | 679 | 469 | 182 | — | 954 | 191 |
| Cash conversion cycle | 4,153 | 1,586 | 347 | 137 | 1,017 | 369 |
| Working capital days | 314 | 194 | 325 | 430 | 617 | 292 |
| ROCE % | — | 9.8% | 16.0% | 11.2% | 12.4% | 19.2% |
For the Mar 2026 quarter, V R Infraspace reported sales of ₹55.60 Cr, up 200.9% year on year and net profit of ₹4.25 Cr, up 219.5% year on year. The operating margin was 14.2%.
V R Infraspace's sales for the year to Mar 2026 were ₹74.34 Cr.
Net profit for the year to Mar 2026 was ₹5.88 Cr. Earnings per share over the same trailing period were ₹4.42.
V R Infraspace reported borrowings of ₹31.80 Cr at Mar 2026, against cash and equivalents of ₹5.02 Cr.
Cash from operations was −₹1.78 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹11.36 Cr.