Cash flow V R Infraspace Limited

Stocks

VR

INE0QQM01017

Construction & Engineering

Market Closed - NSE India S.E. 04:42:11 03/09/2026 pm IST			5-day change	1st Jan Change
102.00 ^INR	-1.92%		-13.08%	-34.64%

29/05	V R Infraspace Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
16/03	V R Infraspace awarded contract by Government of Madhya Pradesh	RE

83a2c5a2130d733c47f6bb910e7cb33.HpWLaM01ifCqUTbwzG9dJkzv01JZJjtHZC4kb12U4Vc.dfTkW5Jg393mIl6cjwEqeSSXvgMxaX4pLGl1Pgihm2BZ5uYyi2fNxNkiDg

Published financial data: V R INFRASPACE LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Revenues	13Cr	14Cr	18Cr	19Cr	32Cr
Other Revenues, Total	-	-	1T	-	-
Total Revenues	13Cr	14Cr	18Cr	19Cr	32Cr
Cost of Goods Sold, Total	1.95Cr	5.24Cr	12Cr	13Cr	23Cr
Gross Profit	11Cr	8.5Cr	6.28Cr	6.15Cr	8.95Cr
Selling General & Admin Expenses, Total	4.84Cr	4.91Cr	1.82Cr	74L	1.2Cr
Depreciation & Amortization - (IS)	2L	3L	2L	2L	4L
Other Operating Expenses	3.46Cr	1.48Cr	1.5Cr	1.85Cr	2.61Cr
Other Operating Expenses, Total	8.32Cr	6.42Cr	3.35Cr	2.6Cr	3.85Cr
Operating Income	3.15Cr	2.08Cr	2.93Cr	3.55Cr	5.1Cr
Interest Expense, Total	-2.33Cr	-1.44Cr	-73.58L	-43.07L	-1.45Cr
Interest And Investment Income	-	-	-	12.69L	1.28Cr
Net Interest Expenses	-2.33Cr	-1.44Cr	-73.58L	-30.38L	-16.96L
Income (Loss) On Equity Invest.	4L	17.19L	17.21L	19.27L	1L
Other Non Operating Income (Expenses)	-1T	61T	26.85L	1L	-65.27L
EBT, Excl. Unusual Items	85.33L	81.77L	2.63Cr	3.45Cr	4.29Cr
Other Unusual Items	-	-	-	-	-3L
EBT, Incl. Unusual Items	85.33L	81.77L	2.63Cr	3.45Cr	4.26Cr
Income Tax Expense	18.33L	15.81L	12.37L	99.16L	1.24Cr
Earnings From Continuing Operations	67L	65.96L	2.51Cr	2.46Cr	3.02Cr
Extraordinary Item & Accounting Change	-	-	-	18.61L	-
Net Income to Company	67L	65.96L	2.51Cr	2.65Cr	3.02Cr
Minority Interest	-	-	-99T	-25.3L	-1.01Cr
Net Income - (IS)	67L	65.96L	2.5Cr	2.39Cr	2.01Cr
Net Income to Common Incl Extra Items	67L	65.96L	2.5Cr	2.39Cr	2.01Cr
Net Income to Common Excl. Extra Items	67L	65.96L	2.5Cr	2.21Cr	2.01Cr
Per Share Items
Net EPS - Basic	1.03	1.02	3.86	3.58	2.27
Basic EPS - Continuing Operations	1.03	1.02	3.86	3.3	2.27
Basic Weighted Average Shares Outstanding	64.8L	64.8L	64.8L	66.8L	88.8L
Net EPS - Diluted	1.03	1.02	3.86	3.58	2.27
Diluted EPS - Continuing Operations	1.03	1.02	3.86	3.3	2.27
Diluted Weighted Average Shares Outstanding	64.8L	64.8L	64.8L	66.8L	88.8L
Normalized Basic EPS	0.82	0.79	2.52	2.85	1.89
Normalized Diluted EPS	0.82	0.79	2.52	2.85	1.89
Payout Ratio	-	-	-	-	13.24
Supplemental Items
EBITDA	3.17Cr	2.11Cr	2.95Cr	3.57Cr	5.14Cr
EBITA	3.15Cr	2.08Cr	2.93Cr	3.55Cr	5.1Cr
EBIT	3.15Cr	2.08Cr	2.93Cr	3.55Cr	5.1Cr
Total Revenues (As Reported)	13Cr	14Cr	19Cr	19Cr	33Cr
Effective Tax Rate - (Ratio)	21.48	19.33	4.7	28.73	29.06
Current Domestic Taxes	11.61L	15.92L	11.92L	-	-
Total Current Taxes	11.61L	15.92L	11.92L	99.16L	1.24Cr
Deferred Domestic Taxes	-36T	-11T	-1L	-	-
Total Deferred Taxes	-36T	-11T	-1L	-	11T
Normalized Net Income	53.33L	51.11L	1.64Cr	1.9Cr	1.67Cr
Non-Cash Pension Expense	-	-	-	11.45L	3L
Supplemental Operating Expense Items
Advertising Expense	8L	3L	11.57L	-	-
Selling and Marketing Expenses	8L	3L	11.57L	-	-

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Assets
Cash And Equivalents	3.84Cr	66.64L	80.27L	21Cr	4.24Cr
Short Term Investments	-	-	-	52.15L	43L
Total Cash And Short Term Investments	3.84Cr	66.64L	80.27L	22Cr	4.67Cr
Accounts Receivable, Total	22Cr	23Cr	23Cr	7Cr	21Cr
Notes Receivable	-	47.67L	-	-	52.71L
Total Receivables	22Cr	24Cr	23Cr	7Cr	21Cr
Inventory	22Cr	20Cr	11Cr	59Cr	74Cr
Prepaid Expenses	-	-	-	-	12.24L
Other Current Assets, Total	2.41Cr	9L	3.06Cr	1.65Cr	79.09L
Total Current Assets	51Cr	45Cr	39Cr	89Cr	100.95Cr
Gross Property Plant And Equipment	11.65L	15.9L	15.9L	19.56L	39.76L
Accumulated Depreciation	-8L	-10.31L	-12.8L	-14.28L	-18.16L
Net Property Plant And Equipment	4L	6L	3L	5L	21.6L
Long-term Investments	4.09Cr	4.26Cr	4.4Cr	-	2L
Other Intangibles, Total	-	-	-	11T	26T
Deferred Tax Assets Long-Term	83T	94T	2L	23T	12T
Deferred Charges Long-Term	-	-	-	38.59L	24.08L
Other Long-Term Assets, Total	4L	3L	1L	6L	35.05L
Total Assets	55Cr	49Cr	43Cr	90Cr	101.78Cr
Liabilities
Accounts Payable, Total	3.62Cr	6.72Cr	6.15Cr	43Cr	41Cr
Accrued Expenses, Total	30.37L	47.39L	1.11Cr	6L	-25.84L
Short-term Borrowings	6.44Cr	7.91Cr	87.67L	-	-
Current Income Taxes Payable	-	-	-	71.96L	1.2Cr
Other Current Liabilities	25Cr	22Cr	14Cr	1.6Cr	1.46Cr
Total Current Liabilities	36Cr	37Cr	22Cr	46Cr	43Cr
Long-Term Debt	10Cr	2.47Cr	8.84Cr	5.49Cr	17Cr
Pension & Other Post Retirement Benefits	-	-	-	11.46L	14.36L
Other Non Current Liabilities	-	-1T	-	-	-
Total Liabilities	46Cr	40Cr	31Cr	51Cr	61Cr
Common Stock, Total	6.48Cr	6.48Cr	6.48Cr	8.88Cr	8.88Cr
Additional Paid In Capital	-	-	-	18Cr	18Cr
Retained Earnings	2.17Cr	2.83Cr	5.32Cr	7.66Cr	9.41Cr
Total Common Equity	8.65Cr	9.31Cr	12Cr	35Cr	36Cr
Minority Interest	-	-	15.99L	3.93Cr	4.94Cr
Total Equity	8.65Cr	9.31Cr	12Cr	38Cr	41Cr
Total Liabilities And Equity	55Cr	49Cr	43Cr	90Cr	101.78Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	64.8L	64.8L	64.8L	68.88L	88.8L
ECS Total Common Shares Outstanding	64.8L	64.8L	64.8L	68.88L	88.8L
Book Value / Share	13.34	14.36	18.22	50.15	40.87
Tangible Book Value	8.65Cr	9.31Cr	12Cr	35Cr	36Cr
Tangible Book Value Per Share	13.34	14.36	18.22	50.15	40.87
Total Debt	17Cr	10Cr	9.72Cr	5.49Cr	17Cr
Net Debt	13Cr	9.72Cr	8.92Cr	-16Cr	13Cr
Minority Interest, Total (Incl. Fin. Div)	-	-	15.99L	3.93Cr	4.94Cr
Account Code - Inventory Valuation	-	-	3	-	6
Inventories - Work In Process, Total	22Cr	20Cr	11Cr	59Cr	74Cr
Machinery, Total	11.65L	15.9L	15.9L	19.56L	39.76L

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Net Income	67L	65.96L	2.5Cr	2.39Cr	2.01Cr
Depreciation & Amortization - CF	2L	3L	2L	2L	4L
Depreciation & Amortization, Total	2L	3L	2L	2L	4L
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-26.66L	-
Other Operating Activities, Total	2.26Cr	1.27Cr	55.87L	25.25L	1.82Cr
Change In Accounts Receivable	-	-1.46Cr	-18.47L	2.43Cr	-14Cr
Change In Inventories	-90.91L	2.33Cr	8.96Cr	-48Cr	-15Cr
Change In Accounts Payable	-3.19Cr	3.1Cr	-56.33L	38Cr	-2.56Cr
Change in Other Net Operating Assets	3.5Cr	23.81L	-17Cr	2.54Cr	25.3L
Cash from Operations	2.36Cr	6.16Cr	-5.7Cr	-2.97Cr	-27Cr
Capital Expenditure	-2L	-4L	-	-4L	-20.42L
Investment in Marketable and Equity Securities, Total	2.51Cr	-11.34L	-9L	-3.87Cr	8L
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-52.29L	-
Other Investing Activities, Total	-	11.3L	12.13L	58.81L	1.13Cr
Cash from Investing	2.49Cr	-4L	4L	-3.85Cr	1.01Cr
Long-Term Debt Issued, Total	-	-	6.37Cr	-	12Cr
Total Debt Issued	-	-	6.37Cr	-	12Cr
Long-Term Debt Repaid, Total	-5L	-7.85Cr	-	-4.21Cr	-
Total Debt Repaid	-5L	-7.85Cr	-	-4.21Cr	-
Issuance of Common Stock	-	-	-	28Cr	-
Common Dividends Paid	-	-	-	-	-26.64L
Common & Preferred Stock Dividends Paid	-	-	-	-	-26.64L
Other Financing Activities, Total	-2.3Cr	-1.44Cr	-57.1L	3.34Cr	-2.09Cr
Cash from Financing	-2.36Cr	-9.29Cr	5.8Cr	27Cr	9.35Cr
Net Change in Cash	2.48Cr	-3.18Cr	13.64L	20Cr	-17Cr
Supplemental Items
Cash Interest Paid	2.3Cr	1.41Cr	68.98L	42.4L	2.1Cr
Cash Income Tax Paid (Refund)	11.29L	15.81L	10.43L	72.49L	1.23Cr
Levered Free Cash Flow	-	3.1Cr	-34.87L	-3.69Cr	-29Cr
Unlevered Free Cash Flow	-	4Cr	11.12L	-3.42Cr	-28Cr
Change In Net Working Capital	-	-2.72Cr	1.74Cr	5.62Cr	31Cr
Net Debt Issued / Repaid	-5L	-7.85Cr	6.37Cr	-4.21Cr	12Cr

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Profitability
Return on Assets	-	2.51	3.98	3.34	3.33
Return on Total Capital	-	5.77	8.84	6.76	6.23
Return On Equity %	-	7.35	23.59	9.75	7.58
Return on Common Equity	-	7.35	23.67	9.52	5.68
Margin Analysis
Gross Profit Margin %	85.49	61.86	34.18	32.39	28.27
SG&A Margin	36.09	35.72	9.92	3.89	3.8
EBITDA Margin %	23.61	15.33	16.07	18.77	16.23
EBITA Margin %	23.46	15.13	15.94	18.69	16.11
EBIT Margin %	23.46	15.13	15.94	18.69	16.11
Income From Continuing Operations Margin %	4.99	4.8	13.66	12.94	9.54
Net Income Margin %	4.99	4.8	13.6	12.59	6.36
Net Avail. For Common Margin %	4.99	4.8	13.6	11.61	6.36
Normalized Net Income Margin	3.97	3.72	8.9	10.02	5.29
Levered Free Cash Flow Margin	-	22.56	-1.9	-19.44	-91.36
Unlevered Free Cash Flow Margin	-	29.11	0.61	-18.02	-88.5
Asset Turnover
Asset Turnover	-	0.26	0.4	0.29	0.33
Fixed Assets Turnover	-	285.15	422.74	453.55	235.53
Receivables Turnover (Average Receivables)	-	0.61	0.79	1.25	2.27
Inventory Turnover (Average Inventory)	-	0.25	0.77	0.37	0.34
Short Term Liquidity
Current Ratio	1.41	1.2	1.74	1.95	2.34
Quick Ratio	0.72	0.64	1.09	0.62	0.59
Operating Cash Flow to Current Liabilities	0.07	0.17	-0.26	-0.06	-0.63
Days Sales Outstanding (Average Receivables)	-	598.28	464.06	293.16	161.03
Days Outstanding Inventory (Average Inventory)	-	1.48T	473.36	1T	1.07T
Average Days Payable Outstanding	-	647.76	750.61	149.07	409.94
Cash Conversion Cycle (Average Days)	-	1.44T	186.8	1.15T	820.41
Long Term Solvency
Total Debt/Equity	193.88	111.6	81.23	14.28	41.71
Total Debt / Total Capital	65.97	52.74	44.82	12.5	29.43
LT Debt/Equity	119.38	26.55	73.9	14.28	41.71
Long-Term Debt / Total Capital	40.62	12.55	40.78	12.5	29.43
Total Liabilities / Total Assets	84.2	81.01	72.16	57.17	59.49
EBIT / Interest Expense	1.35	1.44	3.98	8.25	3.53
EBITDA / Interest Expense	1.36	1.46	4.01	8.28	3.55
(EBITDA - Capex) / Interest Expense	1.35	1.43	4.01	8.2	3.41
Total Debt / EBITDA	5.29	4.93	3.29	1.54	3.35
Net Debt / EBITDA	4.08	4.61	3.02	-4.5	2.44
Total Debt / (EBITDA - Capex)	5.33	5.03	3.29	1.56	3.49
Net Debt / (EBITDA - Capex)	4.11	4.71	3.02	-4.55	2.54
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	2.43	33.64	3.46	66.57
Gross Profit, 1 Yr. Growth %	-	-25.89	-26.16	-1.96	45.4
EBITDA, 1 Yr. Growth %	-	-33.49	40.1	20.84	44.05
EBITA, 1 Yr. Growth %	-	-33.91	40.73	21.35	43.55
EBIT, 1 Yr. Growth %	-	-33.91	40.73	21.35	43.55
Earnings From Cont. Operations, 1 Yr. Growth %	-	-1.55	280.32	-1.94	22.77
Net Income, 1 Yr. Growth %	-	-1.55	278.82	-4.23	-15.9
Normalized Net Income, 1 Yr. Growth %	-	-4.17	219.98	16.45	-12.1
Diluted EPS Before Extra, 1 Yr. Growth %	-	-1.55	278.82	-14.32	-31.4
Accounts Receivable, 1 Yr. Growth %	-	6.71	0.79	-70.15	199.12
Inventory, 1 Yr. Growth %	-	-10.36	-44.45	428.08	24.97
Net Property, Plant and Equip., 1 Yr. Growth %	-	38.02	-44.54	70.32	309.09
Total Assets, 1 Yr. Growth %	-	-10.44	-12.33	109.05	13.31
Tangible Book Value, 1 Yr. Growth %	-	7.63	26.85	192.63	5.06
Common Equity, 1 Yr. Growth %	-	7.63	26.85	192.64	5.06
Cash From Operations, 1 Yr. Growth %	-	161.49	-192.53	-47.94	814.67
Capital Expenditures, 1 Yr. Growth %	-	99.06	-	-	438.79
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-111.24	959.37	682.91
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-97.22	-3.18T	718.06
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	17	17.59	31.28
Gross Profit, 2 Yr. CAGR %	-	-	-26.02	-14.92	19.39
EBITDA, 2 Yr. CAGR %	-	-	-3.47	30.11	31.94
EBITA, 2 Yr. CAGR %	-	-	-3.56	30.68	31.98
EBIT, 2 Yr. CAGR %	-	-	-3.56	30.68	31.98
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	93.5	93.12	9.72
Net Income, 2 Yr. CAGR %	-	-	93.12	90.48	-10.25
Normalized Net Income, 2 Yr. CAGR %	-	-	75.11	93.03	1.17
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	93.12	80.16	-23.34
Accounts Receivable, 2 Yr. CAGR %	-	-	3.71	-45.15	-5.51
Inventory, 2 Yr. CAGR %	-	-	-29.43	71.28	156.89
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-12.51	-2.81	163.96
Total Assets, 2 Yr. CAGR %	-	-	-11.39	35.38	53.91
Tangible Book Value, 2 Yr. CAGR %	-	-	16.84	92.67	75.34
Common Equity, 2 Yr. CAGR %	-	-	16.84	92.67	75.34
Cash From Operations, 2 Yr. CAGR %	-	-	55.55	-30.6	118.21
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-5.46	-
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	9.14	810.71
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-7.49	1.49T
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	12.3	32.06
Gross Profit, 3 Yr. CAGR %	-	-	-	-18.74	1.72
EBITDA, 3 Yr. CAGR %	-	-	-	4.04	34.6
EBITA, 3 Yr. CAGR %	-	-	-	4.12	34.84
EBIT, 3 Yr. CAGR %	-	-	-	4.12	34.84
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	54.27	66.05
Net Income, 3 Yr. CAGR %	-	-	-	52.86	45.04
Normalized Net Income, 3 Yr. CAGR %	-	-	-	52.84	48.51
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	47.29	30.58
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-31.53	-3.45
Inventory, 3 Yr. CAGR %	-	-	-	38.03	54.19
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	9.24	56.92
Total Assets, 3 Yr. CAGR %	-	-	-	17.96	27.58
Tangible Book Value, 3 Yr. CAGR %	-	-	-	58.68	57.4
Common Equity, 3 Yr. CAGR %	-	-	-	58.68	57.41
Cash From Operations, 3 Yr. CAGR %	-	-	-	8	63.94
Capital Expenditures, 3 Yr. CAGR %	-	-	-	21.18	68.87
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	110.49
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	91.3