V.L. Infraprojects FY26 revenue crosses ₹150 Cr, profit up 20%
V.L. Infraprojects reported a 23.76% rise in FY26 total income to ₹150.02 Cr and a 19.94% increase in net profit to ₹8.42 Cr, supported by a 25.67% growth in EBITDA. The company secured new orders worth ₹74.44 Cr and ₹42.12 crore, pushing its order book past ₹217 crore. An earnings conference call to discuss the audited standalone financial results for the year and half-year ended March 31, 2026, is scheduled for June 08, 2026.

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V.L. Infraprojects Limited reported strong financial results for FY26, with total income crossing ₹150 Cr and net profit growing nearly 20%, driven by robust execution in water infrastructure projects. The company’s audited results for the full year and the second half ended March 31, 2026, highlight significant growth in both revenue and profitability, supported by an expanding order book and improved operational efficiency. To discuss these audited standalone financial results, the company has scheduled an earnings conference call for investors on June 08, 2026, at 03:00 P.M IST.
Financial Performance
Total income for FY26 stood at ₹150.02 Cr, a 23.76% increase from ₹121.22 Cr in the previous year. Net profit for the period rose to ₹8.42 Cr, up from ₹7.02 Cr, marking a 19.94% growth. Earnings before interest, taxes, depreciation, and amortization (EBITDA) improved by 25.67% to ₹16.53 Cr, with the EBITDA margin expanding by 17 basis points to 11.02%.
| Particulars (₹ Cr) | H2 FY26 | H2 FY25 | YoY | FY26 | FY25 | YoY |
|---|---|---|---|---|---|---|
| Total Income | 87.12 | 68.82 | ↑ 26.60% | 150.02 | 121.22 | ↑ 23.76% |
| EBITDA | 8.85 | 6.91 | ↑ 28.07% | 16.53 | 13.15 | ↑ 25.67% |
| EBITDA Margin (%) | 10.16% | 10.04% | ↑ 12 Bps | 11.02% | 10.85% | ↑ 17 Bps |
| Net Profit | 4.40 | 3.47 | ↑ 26.78% | 8.42 | 7.02 | ↑ 19.94% |
| Diluted EPS (₹) | 2.80 | 2.21 | ↑ 26.70% | 5.36 | 4.90 | ↑ 9.39% |
Operational Highlights
The company’s performance was underpinned by strong execution across ongoing water supply and infrastructure projects. Rajagopal Reddy Annam Reddy, Chairman & Managing Director, attributed the growth to timely project delivery and efficient resource utilization. He highlighted that government initiatives such as the Jal Jeevan Mission and AMRUT continue to generate significant opportunities in the water infrastructure sector.
Order Book and New Wins
V.L. Infraprojects secured a significant ₹74.44 Cr order from Gujarat Water Infrastructure Limited (GWIL) through a joint venture with H.M. Electro Mech Limited. The company holds a 31% share in the joint venture, with its portion of the contract valued at approximately ₹23.08 Cr. The project involves the design, construction, and long-term operations & maintenance (O&M) of water infrastructure in Gujarat, featuring a 24-month execution timeline and a 10-year maintenance scope.
Additionally, the company won a ₹42.12 crore contract from the Gujarat Water Supply & Sewerage Board (GWSSB) for the augmentation of the Hadaf Regional Water Supply Scheme in Dahod. This project carries an 18-month execution period and includes 10 years of O&M services. Consequently, the total order book has crossed the ₹217 crore milestone, enhancing execution visibility for future growth.
Historical Stock Returns for VL Infra Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.33% | +14.37% | -9.30% | +16.35% | -31.25% | -63.88% |
How does the company plan to maintain margin expansion given the long-term O&M commitments in the new Gujarat orders?
What is the projected revenue contribution from the joint venture with H.M. Electro Mech over the next two years?
Are there plans to diversify beyond water infrastructure into other sectors to mitigate dependency on government initiatives like Jal Jeevan Mission?


























