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Vishnu Prakash R Punglia Limited (VPRPL) Fair Value & Analysis

Industrials · IN · Market cap ₹3.6B

VP Vishnu Prakash R Punglia Limited VPRPL · NSE
Price₹34.92
Fair Value₹3.73
Upside-89.3%
Quality25/100
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Mixed Growth
Loss-making · -17.6% net margin
Low debt · generates free cash flow
Trails peers (2/9)
Narrow moat 0/100
Evidence: Low Range ₹3.73 – ₹14.92 Share as image

Fair value as of: Aug 13, 2026

From 7 valuation models · updated 4 days ago

Share price +37.5% over the past month.

Below-average quality, and screening another 89% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹14.92). The favourable scenario is already priced in.
  • Weak quality (25/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (₹3.73 to ₹14.92). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (3 years)

₹333.65 ₹25.19 Fair Value ₹3.73 Sep 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

35‑month range ₹25.19 – ₹333.65 · fair‑value band ₹3.73 – ₹14.92 · the ₹34.92 price screens above the ₹3.73 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Vishnu Prakash R Punglia Limited (VPRPL) currently trades at ₹34.92, while our model-based Fair Value estimate is ₹3.73, implying the stock looks roughly 89.3% overvalued today. The Quality Score stands at 25/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, Vishnu Prakash R Punglia Limited generated revenue of ₹8.5B at a net margin of -17.6%. Revenue declined 74.9% year over year. It earns a return on equity of -21.3%. Net debt stands at ₹5.9B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹3.73 (bear case) to ₹14.92 (bull case); at ₹34.92, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Industrials peers we cover trades at -34% fair-value upside, at -89%, VPRPL screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹43.22 ₹63.47 ₹91.46 80
Rev-Margin DCF ₹37.13 ₹58.56 ₹83.46 74
NCAV (Graham) ₹25.27 ₹33.86 ₹50.54 50
All 7 models by family
DCF Models
FCF DCF ₹42.69 ₹65.84 ₹100.03 38
5Y Revenue Exit ₹37.13 ₹58.41 ₹85.42 39
10Y Revenue Exit ₹37.73 ₹57.41 ₹83.67 36
Multiples
EV/Revenue ₹35.66 ₹51.08 ₹66.49 43
Asset-Based
NCAV (Graham) ₹25.27 ₹33.86 ₹50.54 50
Growth DCF
Growth DCF ₹43.22 ₹63.47 ₹91.46 80
Rev-Margin DCF ₹37.13 ₹58.56 ₹83.46 74

Widest divergence: Growth DCF (₹58.56) versus Asset-Based (₹33.86). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹8.5B
Revenue growth (YoY) -74.9%
Net margin -17.6%
Return on equity -21.3%
Free cash flow ₹493M FY2026
Operating margin -129%
More key figures
EPS (TTM) ₹-12.04
EPS growth (YoY) -70.5%
Net debt ₹5.9B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 25/100

Of which business quality 30 · Market factors (momentum, volatility) 19

Profitability 5
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 43
Earnings quality: real cash, not paper profit
Fin. Strength 25
Balance sheet, leverage, solvency risk
Investment 32
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Vishnu Prakash R Punglia Limited engages in engineering, procurement, and construction of infrastructure projects in India.

Full company description

Vishnu Prakash R Punglia Limited engages in engineering, procurement, and construction of infrastructure projects in India. It undertakes various projects, including water supply and sewerage networks; railways, highways, and bridges; roads; irrigation network projects; multistorey buildings and warehouses; and tunnels in hydropower, railways, metro rail, roads, and highways, as well as operation and maintenance works. The company is also involved in development of multi-dimensional smart city projects; and automation work involving OLC and SCADA. It serves central and state government, local bodies, public sector companies, world bank projects, and private bodies. Vishnu Prakash R Punglia Limited was founded in 1986 and is based in Jodhpur, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Vishnu Prakash R Punglia Limited reported revenue of ₹8.5B in FY2026 versus ₹7.9B in FY2022, a compound +2.0%/yr. Reported net income was −₹1.5B in FY2026.

Growth Quality 51/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹8.5B
Latest YoY
−31.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−10.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.9%
Avg. growth/yr (8Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.6%
Revenue +2.0%/yr
FY22 ₹7.9B
FY23 ₹11.7B
FY24 ₹14.7B
FY25 ₹12.4B
FY26 ₹8.5B
Net income
FY22 ₹448M
FY23 ₹906M
FY24 ₹1.2B
FY25 ₹586M
FY26 −₹1.5B

VPRPL screens 89% overvalued. Compare with Larsen & Toubro Limited →

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Cite: Fair Value Calculator (2026). "Vishnu Prakash R Punglia Limited Fair Value". https://www.fairvalue-calculator.com/stock/VPRPL

Peer Group

Engineering & Construction · 838 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 25 · Bottom 25%
Fair Value upside −89% · Bottom 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -18% · Bottom 25%
Operating margin (TTM) -129% · Bottom 25%
Revenue growth -75% · Bottom 25%
Debt / equity 0.09× · Lower than median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/FCF 0.1× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 15
FUTURE 0 · sector 14
PAST 0 · sector 26
HEALTH 95 · sector 94
DIVIDEND 0 · sector 43

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹4,020 ₹1,994 -50%
Samsung C&T Corporation 028260 357,500 KRW 261,411 KRW -27%
Hyundai Engineering & Construction Co 000720 113,700 KRW 61,453 KRW -46%
Samsung E&A Co 028050 49,300 KRW 43,624 KRW -12%
Rail Vikas Nigam Limited RVNL ₹228.50 ₹48.92 -79%
Daewoo Engineering & Construction Co 047040 18,400 KRW 6,507 KRW -65%
KEPCO Engineering & Construction Company 052690 99,800 KRW 19,346 KRW -81%
GS Engineering & Construction Corporation 006360 35,200 KRW 23,135 KRW -34%
DL E&C Co 375500 73,500 KRW 148,433 KRW +102%
KEPCO Plant Service & Engineering Co 051600 46,350 KRW 43,924 KRW -5%

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Frequently asked questions

Is Vishnu Prakash R Punglia Limited (VPRPL) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹3.73 versus a price of ₹34.92, about −89% (overvalued).
What is the fair value of VPRPL?
Our model-based fair value for Vishnu Prakash R Punglia Limited is ₹3.73 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹34.92.
What is the quality score of VPRPL?
Vishnu Prakash R Punglia Limited has a Quality Score of 25/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Vishnu Prakash R Punglia Limited (VPRPL)?
Vishnu Prakash R Punglia Limited reported trailing-twelve-month revenue of about ₹8.5B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of VPRPL?
The net profit margin of Vishnu Prakash R Punglia Limited is about -17.6%, meaning it is currently running at a net loss. 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.

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