VVIP Infratech reported a standalone Profit After Tax (PAT) of ₹22.67 Cr for the financial year ended March 31, 2026. Revenue from operations for the full year stood at ₹260.64 Cr, while EBITDA was recorded at ₹36.98 Cr. The company maintained an EBITDA margin of 14% for FY26, attributed to better execution in ongoing projects and an improved mix towards higher-margin water and wastewater contracts. The board approved the audited standalone and consolidated financial results during a meeting held on May 27, 2026.

The financial performance was impacted by a slowdown in government infrastructure projects, particularly schemes like the Jal Jeevan Mission. For the second half of FY26 (H2FY26), the company reported revenue of ₹130.71 Cr, EBITDA of ₹15.31 Cr, and a PAT of ₹8.99 Cr.

On a consolidated basis, revenue for FY26 was ₹346.5 Cr, a marginal decline of 6.5% year-on-year. Consolidated EBITDA stood at ₹71.55 Cr, down 8.35% YoY, with margins remaining high at 20.6%. Adjusted PAT (post-minority interest) was ₹300.7 Mn for the full year, compared to ₹360.9 Mn in the previous year.

Financial Performance Summary

The table below presents a snapshot of VVIP Infratech's key standalone financial metrics for H2FY26 and the full year FY26:

Operational Highlights and Order Book

The company's infrastructure EPC business is supported by an effective order book of ₹837 Cr, including the ₹81 Cr Bhadohi STP Letter of Award (LOA). This order book provides 2–3 years of revenue visibility. The order book composition as on March 31, 2026 is detailed below:

Future Outlook

Looking ahead to FY27, VVIP Infratech projects standalone revenue growth of 50–55%, underpinned by the current order book and execution pivoting to longer-cycle STP and water mandates. The company targets a standalone EBITDA margin of 14–16% and a PAT margin of 9–11%. In the real estate segment, the company noted consistent demand and improved collections, with three projects billing in parallel.

VVIP Infratech reported a decline in its consolidated net profit to ₹3007.20 lakh for the financial year ended March 31, 2026, down from ₹3609.82 lakh in the previous year. The company's revenue from operations for the period stood at ₹34649.31 lakh, a decrease from ₹37066.75 lakh in FY25. The Board of Directors approved the audited financial results for the standalone and consolidated entities for the half-year and full year ended March 31, 2026, during a meeting held on May 27, 2026.

The standalone financial results showed a net profit of ₹2266.74 lakh for FY26, compared to ₹2626.24 lakh in the prior year. Revenue from operations on a standalone basis was ₹26063.51 lakh, lower than the ₹27705.14 lakh recorded in FY25. The company's earnings per share (EPS) on a consolidated basis decreased to ₹12.04 for FY26 from ₹15.78 in the previous year.

Auditor Appointments

In addition to the financial results, the Board approved the re-appointment of Mr. Kamal Sharma as the Internal Auditor for the financial year 2026-27. The company also appointed M/s Sagar Saxena & Company as the Secretarial Auditor for FY26 and M/s Subodh Kumar & Company as the Cost Auditor for FY27. These appointments were made in compliance with the relevant sections of the Companies Act, 2013.

Subsidiary Performance

The consolidated results include the financial performance of subsidiaries such as VVIP Realtech Private Limited, VVIPL BCPL JV - AOP, and Colorcity Homes Private Limited. Colorcity Homes Private Limited, which was acquired through the Corporate Insolvency Resolution Process (CIRP), reported total assets of ₹561.41 lakh and a net profit of ₹28.94 lakh for the year ended March 31, 2026. The financial statements for Colorcity Homes were prepared for the period from October 3, 2025, to March 31, 2026, following the implementation of the Resolution Plan.

The auditors, M/s Rishi Kapoor & Co., stated that the consolidated financial results do not include the audited financial results of associates KIPL VVIP – JV (AOP) and KVS - JV (AOP) as their financials had not been finalized by the management. The independent auditor's report confirmed that the financial results present a true and fair view of the company's financial position in accordance with the accounting standards prescribed under the Companies Act, 2013.

Financial Summary