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Vascon Engineers Limited (VASCONEQ) Fair Value & Analysis

Industrials · IN · Market cap ₹7.9B

VE Vascon Engineers Limited VASCONEQ · NSE
Price₹34.02
Fair Value₹35.88
Upside+5.5%
Quality33/100
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Evidence: High Range ₹25.62 – ₹35.88

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price +5.2% over the past month.

Price vs Fair Value (12 months)

₹71.28 ₹27.06 Fair Value ₹35.88 Jul 2025 Jul 2026

12‑month range ₹27.06 – ₹71.28 · fair‑value band ₹25.62 – ₹35.88 · the ₹34.02 price screens below the ₹35.88 fair value. As of Jul 3, 2026.

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Analysis

Vascon Engineers Limited (VASCONEQ) currently trades at ₹34.02, while our model-based Fair Value estimate is ₹35.88 — implying the stock looks roughly 5.5% undervalued today. We read business quality at 33/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Vascon Engineers Limited generated revenue of ₹9.5B at a net margin of 5.2%. Revenue declined 34.5% year over year. It earns a return on equity of 4.4%. Net debt stands at ₹964M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹9.5B
Revenue growth (YoY) -34.5%
Net margin 5.2%
Return on equity 4.4%
Free cash flow −₹1.5B FY2026
P/E ratio 15.8
More key figures
Operating margin 3.6%
EPS (TTM) ₹2.15
EPS growth (YoY) -83.6%
Net debt ₹964M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Vascon Engineers Limited provides engineering, procurement, and construction (EPC) services in India. It operates through EPC, Real Estate Development, and Manufacturing & Building Management System segments. The company constructs residential, commercial and IT, industrial, institutional, hospitals, and hospitality projects; and develops residential and industrial properties, hotel premises, IT parks, malls and multiplexes, hospitality and community welfare centres, and schools and hospitals. It also manufactures clean room partitions. In addition, the company engages in construction of infrastructure such as roads, airports, metros, bridges, and urban projects Vascon Engineers Limited was incorporated in 1986 and is based in Pune, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Vascon Engineers Limited reported revenue of ₹9.5B in FY2026 versus ₹6.5B in FY2022, a compound +9.9%/yr. Reported net income was ₹489M in FY2026, compounding +8.6%/yr from FY2022.

Revenue +9.9%/yr
FY22 ₹6.5B
FY23 ₹10.0B
FY24 ₹10.3B
FY25 ₹10.8B
FY26 ₹9.5B
Net income +8.6%/yr
FY22 ₹352M
FY23 ₹975M
FY24 ₹669M
FY25 ₹1.3B
FY26 ₹489M

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Similar stocks

6 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LTOD $0.4110 $0.0100 -98%
Samsung C&T Corporation 028260 407,500 KRW 236,704 KRW -42%
China State Construction Engineering Corporation 601668 ¥4.74 ¥15.02 +217%
TopBuild Corp BLD 7,547 MXN 3,472 MXN -54%
Hyundai Engineering & Construction Co 000720 130,300 KRW 55,602 KRW -57%
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Frequently asked questions

Is Vascon Engineers Limited (VASCONEQ) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹35.88 versus a price of ₹34.02 — about +5% (undervalued). Model-based estimate, not financial advice.
What is the fair value of VASCONEQ?
Our model-based fair value for Vascon Engineers Limited is ₹35.88 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹34.02.
What is the quality score of VASCONEQ?
Vascon Engineers Limited has a Quality Score of 33/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Vascon Engineers Limited (VASCONEQ)?
Vascon Engineers Limited reported trailing-twelve-month revenue of about ₹9.5B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of VASCONEQ?
The net profit margin of Vascon Engineers Limited is about 5.2%, meaning it keeps roughly 5.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.