Vascon Engineers shares experienced a significant uptick in Tuesday's trading session, gaining nearly 10% and marking the fifth day of gains in six trading sessions. The construction and engineering company's stock witnessed unprecedented trading activity, setting a 15-year record for trading volume.

Record-Breaking Trading Volume

The stock recorded an exceptional trading volume, with over 4.5 crore shares changing hands during the session. This volume surge represents a substantial increase compared to the 20-day average of 15 lakh shares, indicating heightened investor interest in the company.

Stock Performance and Recovery

Vascon Engineers' stock has shown remarkable recovery since its Covid-19 low of ₹6.00, surging over 10 times from that point. However, it's worth noting that despite this significant rebound, the stock still trades below its initial public offering (IPO) price of ₹165.00 from February 2010. The company has not issued any bonus shares or conducted stock splits since its listing.

Recent Stock Movement

• The stock has gained nearly 30% in the past month.
• It has turned positive year-to-date, indicating a reversal of previous downward trends.

Ownership Structure

As of the June quarter:

• Promoters hold a 31% stake in the company.
• Market veteran Vallabh Bhanshali holds a 1.01% stake.
• Barclays Wealth Trustees India maintains a 2.25% stake.

Upcoming Investor Meetings

According to recent LODR (Listing Obligations and Disclosure Requirements) filings, Vascon Engineers has scheduled several meetings with investors and analysts:

1. September 23, 2025: Virtual meeting with Arihant Capital for the Bharat Connect Conference: Rising Stars - Sept 2025.
2. September 19, 2025: In-person meeting with Bugle Rock PMS and a virtual meeting with 9 Rays EquiResearch.

The company plans to use its Q1 FY26 Investor Presentation from August 2025 during these meetings, which is available on the company's and stock exchanges' websites. Vascon Engineers has stated that no unpublished price-sensitive information will be shared during these meetings.

These upcoming investor interactions could potentially provide more insights into the company's performance and future outlook, which may be contributing to the recent surge in investor interest and stock performance.

Vascon Engineers , a leading player in the Engineering, Procurement and Construction (EPC) and real estate sectors, has reported a robust financial performance for the first quarter. The company's results showcase significant growth in revenue and profitability, underpinned by strong execution in both its EPC and real estate segments.

Financial Highlights

• Revenue Growth: Vascon Engineers' consolidated income grew by 22% year-over-year (YoY) to Rs 241.96 crore, up from Rs 198.10 crore in the same quarter last year.
• Profit Surge: The company's consolidated profit after tax (PAT) saw a remarkable increase of 134%, reaching Rs 22.47 crore compared to Rs 9.60 crore in the same quarter last year.
• EBITDA Performance: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose to Rs 30.40 crore from Rs 19.40 crore in the previous year's corresponding quarter, marking a significant improvement in operational efficiency.

Segment-wise Performance

EPC Segment

• Revenue from the EPC segment stood at Rs 202.53 crore.
• The segment result showed a profit of Rs 27.46 crore, demonstrating strong execution capabilities.

Real Estate Development

• The real estate segment generated revenue of Rs 18.65 crore.
• This segment contributed a profit of Rs 2.94 crore, indicating healthy margins in the company's real estate projects.

Key Business Highlights

• Robust Order Book: Vascon Engineers maintains a substantial total order book of Rs 2,902.00 crore, with the external EPC order book at Rs 2,469.00 crore. This represents approximately 3 times the previous fiscal year's EPC revenues, providing strong visibility for future growth.
• Government Projects: The company has strategically increased its focus on government projects, which now constitute 73% of the order book.
• New Order Win: Vascon secured a new order worth Rs 217.00 crore from Royal Rides Private Limited, further strengthening its order pipeline.
• Debt Position: As of June 30, the company's net debt stood at Rs 34.82 crore, indicating a manageable leverage position.
• Real Estate Sales: In the real estate segment, Vascon achieved new sales bookings of 40,539 sq. ft. with a total sales value of Rs 55.00 crore and collections of Rs 65.00 crore during the quarter.

Management Commentary

Mr. Siddharth Vasudevan Moorthy, Managing Director of Vascon Engineers Ltd., commented on the results, stating, "I am happy to report a robust operational performance for Q1, with consistent standalone results, robust volumes, and stable collection efficiency. The residential real estate sector witnessed remarkable growth driven by rising disposable incomes, greater affordability, robust economic momentum, policy reforms, and lower interest rates that encouraged home buying."

He further added, "As we look ahead, we remain confident in the long-term prospects of the real estate sector. Our focus on Mumbai aligns with our vision to deliver high-quality living spaces tailored for modern urban lifestyles. With our expertise in EPC and real estate development, customer-first approach, and commitment to excellence, we are well-positioned to achieve even greater milestones through timely delivery, execution excellence, and an enhanced customer experience."

Future Outlook

With a strong order book, strategic focus on government projects, and a robust real estate pipeline, Vascon Engineers appears well-positioned for sustained growth. The company's dual focus on EPC and real estate development, coupled with its presence in 30+ cities across India, provides a diversified revenue stream and multiple growth avenues.

As the real estate sector continues to show positive momentum, Vascon's emphasis on mid-range housing projects and its established brand in key markets like Pune are likely to drive further growth in its real estate segment. Meanwhile, the substantial EPC order book ensures steady revenue generation from its core construction business.

Vascon Engineers' strong start to the fiscal year sets a positive tone for the company's performance in the coming quarters, as it continues to capitalize on opportunities in both the EPC and real estate sectors.