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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₹33.56
Fair Value₹3.73
Upside-88.9%
Quality25/100

Strengths

Low debt · generates free cash flow

Risks

!Trades 800% ABOVE our fair value of ₹3.73
!Mixed Growth (revenue 5y +11.9 %/yr)
!Loss-making · -17.6% net margin
!Trails peers (2/9)
Mixed Growth (revenue 5y +11.9 %/yr)
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 11 days ago

Share price +19.9% over the past month.

Below-average quality, and trading another 800% above our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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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

36‑month range ₹25.19 – ₹333.65 · fair‑value band ₹3.73 – ₹14.92 · the ₹33.56 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 ₹33.56, while our model-based Fair Value estimate is ₹3.73, implying the stock looks roughly 88.9% 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 ₹33.56, 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 -46% 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

P/S ratio 0.42 TTM
Net margin -17.6% TTM
Return on equity -21.3% TTM
Return on assets -3.3% TTM
Operating margin -129% TTM
EPS (TTM) ₹-12.04
More key figures
Growth
Revenue (TTM) ₹8.5B TTM
Revenue growth (YoY) -74.9% 3y avg -10.0%
EPS growth (YoY) -70.5%
Balance sheet & cash flow
Free cash flow ₹493M FY2026
Net debt ₹5.9B FY2026 · ≈ 12.1 yrs of FCF

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) 17

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 10
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

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. revenue 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. revenue 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. revenue 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%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
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 Quanta Services, Inc →

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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 · 841 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 16
FUTURE0 · sector 14
PAST0 · sector 26
HEALTH95 · sector 94
DIVIDEND0 · sector 38

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

Similar stocks

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

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Vinci SA DG €119.95 €185.62 +55%
Comfort Systems USA, Inc FIX $1,739 $519.97 -70%
Larsen & Toubro Limited LT ₹4,072 ₹2,196 -46%
Ferrovial N.V FER €57.28 €19.17 -67%
HOCHTIEF Aktiengesellschaft HOT €427.60 €203.87 -52%
Samsung C&T Corporation 028260 357,500 KRW 261,411 KRW -27%
ACS, Actividades de Construcción y Servicios, S.A ACS €110.70 €75.04 -32%
EMCOR Group EME $833.40 $549.47 -34%
MasTec, Inc MTZ $281.11 $100.00 -64%

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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 ₹33.56, 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: ₹33.56.
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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