Vascon Engineers
48.40
-0.37(-0.76%)
Market Cap₹- Cr
PE Ratio-
IndustryConstruction
Company Performance:
1D-0.76%
1M-29.38%
6M-10.62%
1Y-15.90%
5Y+254.58%
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More news about Vascon Engineers
09Oct 25
Vascon Engineers Secures ₹161.18 Crore Contract for Saudamini Building Redevelopment
Vascon Engineers Limited has been awarded a contract worth ₹161.18 crore by MSEB Holding for the redevelopment of the Saudamini building. The project has a timeline of 36 months for completion. This contract significantly boosts Vascon's project portfolio and demonstrates the company's capability in handling large-scale redevelopment projects.
01Oct 25
Vascon Engineers Discloses Shareholding Change Notification from Blue Daimond Properties
Vascon Engineers Limited has informed stock exchanges about a change in shareholding disclosed by Blue Daimond Properties Private Limited. The notification was made under SEBI's Substantial Acquisition of Shares and Takeover Regulations. The company's prompt disclosure demonstrates compliance with regulatory requirements and commitment to shareholder transparency. Specific details of the shareholding changes were not provided in the initial disclosure.
29Sept 25
Vascon Engineers Inks MoU with Adani Infra, Eyeing Significant Revenue Boost
Vascon Engineers Limited has signed a Memorandum of Understanding (MoU) with Adani Infra, a subsidiary of the Adani Group, aiming to expand its project portfolio and revenue streams. The partnership targets to contribute an additional 30.00% to Vascon's annual turnover through collaborative infrastructure projects. This strategic move could potentially enhance Vascon's revenue growth, project pipeline, market position, and facilitate expertise sharing between the two entities.
26Sept 25
Vascon Engineers Inks Strategic Partnership with Adani Infra for Major Projects and Launches Mumbai Residential Project
Vascon Engineers Limited has formed a strategic partnership with Adani Infra (India) Limited, becoming their Execution Partner for a five-year term. The collaboration involves three projects totaling 13.15 million sq. ft. in Mumbai, potentially increasing Vascon's annual turnover by 30%. Additionally, Vascon has launched Vascon Orchids, a luxury residential project in Santacruz West, Mumbai, with an expected Gross Development Value of ₹300.00 crore. Despite these developments, Vascon's shares closed down 5.39% at ₹57.89.
17Sept 25
Blue Daimond Properties Acquires Substantial Stake in Vascon Engineers
Vascon Engineers Limited received a disclosure notification from Blue Daimond Properties Private Limited regarding a substantial acquisition of shares. The notification was submitted to BSE and NSE on September 17, in compliance with SEBI regulations. The company also responded to a BSE query about increased trading volume, stating it was market-driven with no undisclosed developments. The exact percentage of shares acquired and resulting ownership structure were not disclosed.
16Sept 25
Vascon Engineers Surges 10% with Record Trading Volume, Up 11x from Pandemic Lows
Vascon Engineers shares gained nearly 10% on Tuesday, marking the fifth day of gains in six sessions. The stock set a 15-year record for trading volume with over 4.5 crore shares traded, significantly above the 20-day average of 15 lakh shares. The stock has recovered over 10 times from its Covid-19 low but remains below its 2010 IPO price. Promoters hold a 31% stake, with notable investments from Vallabh Bhanshali and Barclays Wealth Trustees India. The company has scheduled investor meetings for September 2025, using its Q1 FY26 presentation.
04Aug 25
Vascon Engineers Reports 134% Profit Surge in Q1, Driven by Strong EPC and Real Estate Performance
Vascon Engineers posted strong Q1 results with consolidated income growing 22% YoY to Rs 241.96 crore and PAT surging 134% to Rs 22.47 crore. EBITDA improved to Rs 30.40 crore. The EPC segment generated Rs 202.53 crore in revenue with Rs 27.46 crore profit, while the real estate segment contributed Rs 18.65 crore in revenue and Rs 2.94 crore in profit. The company maintains a robust order book of Rs 2,902.00 crore, with 73% from government projects. Vascon secured a new order worth Rs 217.00 crore and achieved real estate sales bookings of Rs 55.00 crore.
04Aug 25
Vascon Engineers Q1 Net Profit Surges 137% Despite Revenue Decline; Reappoints Key Executive
Vascon Engineers Limited reported a 137% increase in Q1 consolidated net profit to ₹225.00 crore, despite an 18% revenue decline to ₹2,211.80 crore. EBITDA decreased to ₹130.00 crore with a margin of 5.90%. The company's EPC segment generated ₹2,025.30 crore in revenue, while Real Estate Development contributed ₹186.50 crore. The Board approved the reappointment of Dr. Santosh Sundararajan as Whole Time Director and Group CEO for five years, effective May 31, 2026, subject to shareholder approval.
14May 25
Vascon Engineers Posts Robust Q4 FY24 Results with 633% Surge in Net Profit
Vascon Engineers Limited posted exceptional Q4 FY24 results, with revenue up 77.09% to ₹372.60 crore and net profit soaring 306.45% to ₹75.60 crore year-over-year. EBITDA increased by 304.98% to ₹97.60 crore, with margins expanding to 26.19%. EPS rose to ₹3.38 from ₹0.84. Annual revenue for FY24 grew 4.37% to ₹1,075.40 crore, though yearly EBITDA and net profit decreased. The strong Q4 performance offset earlier challenges, showcasing the company's resilience and growth potential.
24Apr 25
Vascon Engineers Secures Multiple Orders Worth 310.89 Crore Rupees, Boosting Project Portfolio
Vascon Engineers Limited has announced two significant orders totaling ₹310.89 crore. The company secured an order worth ₹85.43 crore and received a Letter of Intent for a ₹225.46 crore project from Royal Rides Pvt Ltd. The larger project involves constructing two terminal buildings and ropeway tower foundations in Panaji and Reis Magos, Goa, with a 36-month timeline. These contracts demonstrate Vascon's strong market position and versatility in the construction sector.
24Apr 25
Vascon Engineers Secures Two Construction Orders Worth ₹310.89 Crore, Including Goa Ropeway Project
Vascon Engineers has won two significant construction contracts totaling ₹310.89 crore. The larger order, worth ₹225.46 crore, is for a ropeway project in Goa, including terminal buildings and tower foundations. The second order, valued at ₹85.43 crore, is for a commercial building in Pune. Both projects have a 3-year timeline. The Goa project, awarded by Royal Rides Pvt Ltd, is on a design and build basis and excludes GST and Labour Cess.
23Apr 25
Vascon Engineers Secures ₹225.46 Crore Contract for Goa Ropeway Project
Vascon Engineers Limited has won a ₹225.46 crore contract from Royal Rides Pvt Ltd for a major infrastructure project in Goa. The project involves constructing two terminal buildings and ropeway tower works in Panaji and Reis Magos. The scope includes site development work, and the project is set to be completed within 36 months from commencement. This significant contract is expected to boost Vascon Engineers' order book and strengthen its position in the infrastructure sector.
28Mar 25
Vascon Engineers to Divest Entire Stake in Marathwada Realtors for ₹18.72 Crore
Vascon Engineers Limited has announced the sale of its wholly-owned subsidiary, Marathwada Realtors Private Limited (MRPL), for ₹18.72 crore. The transaction, set to complete by March 31, 2025, involves selling all equity shares to Mr. Raju Rathod and Mr. Sanjay Phoke from Aurangabad. MRPL had no turnover in the last financial year and a net worth of ₹38,07,854. This move appears to be a strategic decision by Vascon Engineers to streamline operations and focus on core business activities.
11Mar 25
Vascon Engineers Makes Grand Entry into Mumbai with ₹300 Crore Luxury Project
Vascon Engineers Ltd has launched 'Vascon Orchids', a luxury residential redevelopment project in Santacruz West, Mumbai, marking its strategic entry into the city's real estate market. The project, located on Linking Road, has an expected gross development value of ₹300 crore and will offer 62 units of 2 and 3 BHK homes across three wings. It targets Mumbai's ₹30,000 crore redevelopment market and features prime location benefits and high-end amenities. This move represents a significant expansion for the company, leveraging its 39 years of industry experience to capitalize on Mumbai's evolving urban landscape.
10Mar 25
Vascon Engineers Makes Strategic Entry into Mumbai Real Estate with ₹300 Crore Redevelopment Project
Vascon Engineers Limited has announced its entry into the Mumbai real estate market with a redevelopment project valued at ₹300 crore. This marks the Pune-based company's first venture in Mumbai, signaling a significant expansion into one of India's premium property markets. The project represents a strategic move to diversify the company's portfolio and tap into new growth opportunities.
Vascon Engineers
48.40
-0.37
(-0.76%)
1 Year Returns:-15.90%
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