Vishnusurya Projects and Infra Limited reported a 30% year-on-year increase in revenue for FY26 to ₹352 crore, driven by strong performance in its water infrastructure and construction aggregates segments. Net profit for the year rose 17% to ₹36 crore, while the Board recommended a final dividend of ₹1 per equity share. The company’s total order book stood at ₹455.64 crore as of March 31, 2026, with water infrastructure projects constituting 89% of the total. The audio recording of the earnings call held on June 02, 2026, regarding these audited financial results has been uploaded to the company's website.

Financial Performance

For the quarter ended March 31, 2026, Vishnusurya Projects recorded revenue of ₹127 crore, a 36% increase from ₹94 crore in the same period last year. EBITDA for the quarter declined 40% to ₹5 crore, resulting in an EBITDA margin of 4.3%. Profit after tax for Q4FY26 stood at ₹8 crore, compared to ₹7 crore in Q4FY25. The company attributed the quarterly EBITDA decline to labour shortages during state elections, unseasonal rainfall, and increased cost pressures from the US-Iran conflict.

For the full financial year FY26, revenue grew to ₹352 crore from ₹271 crore in FY25. EBITDA increased 12% to ₹56 crore, with an EBITDA margin of 15.8%. PAT for the year improved to ₹36 crore from ₹30 crore in the previous year. The company reported a net debt of ₹45 crore and a debt-to-equity ratio of 0.19 X.

*excluding Other Income

Operational Highlights

The company executed EPC orders worth ₹390 crore to date and secured new orders worth ₹296.45 crore in FY26. A key project win during the year was the 60 MLD seawater desalination plant at Tuticorin, awarded by SIPCOT. The total project value is ₹2,217 crore, with Vishnusurya Projects' share being ₹220 crore as part of a consortium with JWIL Infra and IDE Technologies.

Other significant orders included a ₹103 crore water pipeline project for JWIL Infra and a ₹344.6 crore water supply project for CMWSSB under the Hybrid Annuity Model. The company also expanded into environmental engineering, securing a ₹23.6 crore order for a benzol storage facility at SAIL Bokaro Steel Plant. Additionally, Vishnusurya entered the waste management and biomining segment, focusing on integrated waste processing and legacy waste remediation.

Segment and Production Overview

The company’s diversified business model includes construction aggregates, EPC construction, water infrastructure, and waste management. Production volumes for FY26 showed Blue Metal output at 17,30,931 metric tonnes and M-Sand at 3,44,929 metric tonnes. The strategic roadmap focuses on scaling up water infrastructure, expanding environmental engineering, and increasing construction aggregates capacity.

Vishnusurya Projects and Infra Limited has approved its audited financial results for the fourth quarter and financial year ended March 31, 2026. The Board of Directors, meeting on May 29, 2026, also recommended a final dividend of ₹1 per equity share of ₹10 each for FY26. This dividend is subject to shareholder approval at the ensuing Annual General Meeting, with the record date to be communicated later.

The statutory auditors, Madhu Balan & Associates, Chartered Accountants, issued an unmodified opinion on the standalone and consolidated financial results. The filing was submitted to the National Stock Exchange of India Limited under Regulation 30 read with Schedule III Part A and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Decisions

The Board approved a proposal for the demerger of one of the company's undertakings. To facilitate this, the Board sanctioned the incorporation of a wholly owned subsidiary, subject to applicable regulatory approvals. The detailed scheme for the demerger will be finalized and submitted to the exchange in due course.

Financial Disclosures

The Board reviewed the statement of utilization of proceeds for the preferential allotment for the quarter ended March 31, 2026, along with the statutory auditors' report on fund utilization. The meeting commenced at 11:00 AM IST, recommenced at 3:00 PM IST, and concluded at 10:30 PM IST.

Sonali Sarangi, Company Secretary and Compliance Officer, signed the disclosure on May 30, 2026.