VVIP Infratech Limited reported a consolidated total income of ₹349.70 crore and profit after tax of ₹30.07 crore for FY26, according to the management commentary at its 25th Annual General Meeting. The company also disclosed an order book of approximately ₹1,000 crore, signaling robust execution visibility.

The meeting, held on September 28, 2026, via Video Conferencing, saw shareholders approve all eight resolutions with 100% support. Key governance changes included the re-appointment of Vibhor Tyagi as Whole-Time Director and the appointment of Adarsh Rastogi as an Independent Director for a five-year term ending September 27, 2031.

Financial Performance and Order Book Status

Managing Director Vaibhav Tyagi highlighted the company's strong presence in critical infrastructure, including sewerage treatment plants (STP), water supply, and electrification. On a standalone basis, the company recorded total income of ₹262.75 crore and profit after tax of ₹22.67 crore.

Addressing shareholder queries on growth, management confirmed recent wins in STP tenders in Bhadohi (40 MLD) and Ambala (70 MLD). The current order book stands at approximately ₹1,000 crore. Management noted that while they are eligible to bid for projects up to 80 MLD due to past experience limits, completing a 60 MLD project in Haryana will enhance their eligibility for larger tenders. A significant tender worth ₹198 crore for sewerage network work in Delhi is currently under evaluation.

Real Estate Vertical Expansion

Whole-Time Director Vibhor Tyagi detailed the progress of the real estate subsidiary, VVIP Realtech Private Limited. The group is focusing on quality residential projects with disciplined execution:

• VVIP Namah (Ghaziabad): First phase comprising ~296 units is progressing towards possession.
• VVIP Addresses (Greater Noida West): Luxury development with 312 residential and 29 commercial units across 5 acres.
• VVIP-Yamuna (Yamuna Expressway): Newly launched project with 484 residential units and 18 commercial shops.
• Land Acquisition: Acquired land in Ghaziabad via GDA for a future project with ~622 residential and 137 commercial units.

Governance and Board Updates

Shareholders approved the modification of the Articles of Association and Memorandum of Association to align with future business prospects. The board also ratified remuneration for statutory appointments:

Adarsh Rastogi, who previously served as an Independent Director from October 2023 to September 2024, was re-appointed. Vibhor Tyagi holds a 13.02% shareholding in the company.

What the Numbers Show

The disclosure of a ₹1,000 crore order book against FY26 standalone revenue of ₹262.75 crore implies a revenue visibility multiple of approximately 3.8x, indicating strong medium-term growth potential. Additionally, management attributed the negative free cash flow in FY26 to a concentration of turnover in the final quarter, with collections realized in Q1FY27. This suggests that working capital pressure may ease in the coming quarters as revenue recognition becomes more evenly distributed throughout the fiscal year.

VVIP Infratech has corrected the date of its 25th Annual General Meeting to Monday, September 28, 2026. The company clarified that an earlier intimation citing September 25 contained a clerical error. The record date remains September 21, 2026.

The firm notified BSE Limited on September 4, 2026, that the AGM notice and FY26 annual report have been dispatched electronically via CDSL and physically to eligible members. The documents are also available on the company’s website.

AGM Schedule and Voting Details

Remote e-voting will run from 9:00 am on Monday, September 28, 2026, until 5:00 pm on Wednesday, September 30, 2026.

Scrutinizer Appointment

Mr. Sagar Saxena, a practicing Company Secretary, has been appointed as the scrutinizer for remote e-voting. He represents M/s. Sagar Saxena & Company and will oversee the voting process to ensure fairness and transparency.

Director Appointments

The Board recommended the re-appointment of Mr. Vibhor Tyagi as Whole-time Director. He is liable to retire by rotation but has offered himself for re-appointment. His remuneration remains unchanged at ₹48,00,000 per annum.

Additionally, the Board approved the appointment of Mr. Adarsh Rastogi as a Non-Executive Independent Director for a five-year term. This appointment is subject to shareholder approval at the AGM.

Corporate Governance Updates

The Board approved material related party transactions as recommended by the Audit Committee. Shareholder approval will be sought where applicable under Regulation 23 of SEBI LODR Regulations. The aggregate value of proposed transactions with related parties for FY27 does not exceed ₹100 crore.

Furthermore, the Board proposed adopting new Articles of Association and Memorandum of Association to replace existing documents. These changes require special resolution approval from members at the AGM.

Auditor Remuneration

The Board approved remuneration of ₹50,000 plus taxes and expenses for CS Sagar Saxena & Company, the Secretarial Auditor for FY26. This amount is subject to ratification by members at the AGM. Additionally, the remuneration of ₹75,000 plus taxes and expenses for M/s Subodh Kumar & Company, Cost Auditors for FY27, requires ratification.