Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
V R Infraspace Ltd. (VR)
SME CapReal Estate stocks · SME cap · NSE
V R Infraspace Ltd. operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:50 pm ISTDetails
Quote19 Oct, 05:50 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result01 Jun, 07:59 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 22.2 (n=72)
Technical timing lens
Trend score and candlestick chart
39BearishSMA20 -4.0% / mo · MACD − · near 52W low · sector -6.4pp vs Nifty 500 (3M)
Stock trend: 35
Sector RS: 44
Sector 3M: -12.0% vs Nifty 500 -5.6%
Real Estate FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
VRD candles · FIT view-25.2%Latest close ₹95.70 on 2026-10-19
Bar
+0.0%
RSI
36
MACD hist
-1.35
52W pos
0%
2026-10-19O ₹95.70H ₹95.70L ₹95.70C ₹95.70Vol 400 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
VRNifty RealtyNifty 500
- VR
- -11.4%
- Nifty 500
- -4.1%
- Nifty Realty
- -8.1%
- Vs Nifty 500
- -7.3 pp
Chart stats
19 Oct 2026- From 52W high
- -57.6%
- 52W range position
- 0%
- ATR (14)
- 5.0%
- Volume vs 20D
- 0.59x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹95.5 - ₹151.3
₹225.6
₹95.5 - ₹225.6
₹4.8
Latest completed session
20-session average
62.2% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST36
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good72
Revenue +374.2% · PAT +165.2% YoY
Technical
Bearish39
Price trend and sector-relative-strength timing.
Valuation
Legacy model+34.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence65
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Good · 72/100Rev +374% YoY · PAT +165% YoY · +197% QoQ · margin compression
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹55.7 Cr | +374.2% | +196.6% |
| EBITDA | ₹8 Cr | NDF | +140.9% |
| Operating margin | 14.3% | NDF | -330 bps |
| PAT | ₹4.3 Cr | +165.2% | +162.0% |
| PAT margin | 7.7% | NDF | -101 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 21.70
- P/B
- 2.12
- EV/EBITDA
- 10.28
- Market Cap
- 85.20Cr
Profitability
- ROE
- 10.20%
- ROCE
- 19.20%
- ROA
- 5.25%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 42.00%
- EPS 5Y
- 40.00%
- Revenue 3Y
- 60.00%
- EPS 3Y
- 17.00%
Balance Sheet
- Debt/Equity
- 0.79
- Interest Coverage
- 2.20×
- Altman Z
- 2.22
- Book Value
- 45.30
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 3/5
- OCF
- -1.77 Cr
- EPS TTM
- 4.41
Shareholding
- Promoter Hold
- 72.97%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 0%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 74.1+136.0% vs prev
Net Profit
₹ CrLatest: 5.9+95.7% vs prev
Return on Equity
%Latest: 14.7+76.7% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
NeutralTrend is undirectional — long-term trend unclear. RSI 36.
- SMA20 falling (~4.2% over last month) — short-term momentum negative.
- RSI(14) at 36 — sideways, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
6
RS percentile
Stage 4 Downtrend
1M return
-36.7%
3M return
-29.9%
6M return
-48.3%
1Y return
-
RS 1D
0
RS 20D
-24
Sector rank
#18
Industry rank
#71
Stage evidence
- Price is 36.5% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -7.7%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
lagging
Industry
lagging
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
146 observations
19 Oct 2026Value 51.9-3.98%
RS vs Nifty 50052
Valuation & peers
U-Score 36 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 36 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation8/30
Growth18/25
Quality7/20
Balance Sheet6/15
Cash Flow2/10
Piotroski
5/9 (+3)
Penalties
-8
Raw sum
36
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
36/100 · legacy band WATCHLIST
Positive drivers
- Fair-value margin of safety is positive at 34.8%.
- Growth contributes 18/25 to the score.
- Balance sheet contributes 6/15 to the score.
Main drags
- Penalty bucket subtracts 8 points.
- Cash flow is weaker at 2/10; verify the latest quarterly trend.
- Valuation is weaker at 8/30; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
21.7
PB
2.1
EV/EBITDA
10.3
ROE
10.2%
ROCE
19.2%
FCF Yield
—
Debt/Equity
0.8
MoS
+34.8%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
36
Previous: 36
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+34.8%
Previous: +34.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
36
36
36
36
29
29
29
29
36
36
36
36
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹67.04
-42.7% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹146.85
+34.8% MoS
PEG
0.70
Comparable companies
Peers
Business-comparable peers in Real Estate — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SADBHIN
Small
Sadbhav Infrastructure Project Limited
Real Estate
match 161
29
1.1
—
-48%
OVERVALUED
NAVKARURB
Small
Navkar Urbanstructure Limited
Real Estate
match 160
32
32.2
1.9%
-25%
WATCHLIST
SEMAC
Small
Semac Construction Limited
Real Estate
match 160
44
11.2
9.2%
+38%
WATCHLIST
LPDC
Small
Landmark Property Development Company Limited
Real Estate
match 160
58
9.8
3.7%
+71%
FAIR VALUE
USK
Small
Udayshivakumar Infra Limited
Real Estate
match 160
35
8.7
1.0%
-454%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
V R Infraspace Ltd. operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
65Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 45th percentile of the scored universe and 66th percentile within Real Estate. Main check: cash conversion is weak at 40/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
45th percentile
overall median 67 · Real Estate: 66th pctile, median 61 · SME: 56th pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
40
weak · profit to cash conversion
Balance sheet
65
acceptable · leverage and solvency
Discipline
76
strong · capital discipline
Results
63
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 73%.
- ▸Promoter pledge is zero.
- ▸Latest 3 quarters had positive YoY PAT growth.
Trust risks
- ▸Operating cash flow is negative at ₹-2 Cr.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching V R Infraspace Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.