Vishnusurya Projects and Infra Ltd Q1 FY27 Results — Earnings Call Analysis

Published 3 Jul 2026 | Other Construction Materials | Market Cap: ₹437 Cr

Future Growth Expectations for Vishnusurya Projects and Infra Limited: - Targeting revenue of approximately INR 450 crores for FY27, maintaining similar levels as FY26. - FY26 EPS stood at INR14.33, demonstrating resilient growth.

From Vishnusurya Projects and Infra Ltd's Q4 FY26 earnings-call transcript · updated 3 Jul 2026.

Price

161

Market Cap

₹437 Cr

P/E Ratio

13.8

Revenue Rank

Rank 2

Margin Rank

Rank 3

How does Vishnusurya Projects and Infra Ltd rank in Other Construction Materials?

Compare Vishnusurya Projects and Infra Ltd against every Other Construction Materials company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 2Margin: Rank 3
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Vishnusurya Projects and Infra Ltd — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Sep 2025
Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹56 Cr, net profit ₹4 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 2
Future Growth Expectations for Vishnusurya Projects and Infra Limited: - Targeting revenue of approximately INR 450 crores for FY27, maintaining similar levels as FY26. - Expecting additional order inflows of INR 200-250 crores independently, with combined inflows of INR 500-600 crores when including joint/subcontracted work with JWL. - Anticipating 30%-40% year-on-year growth in revenue beyond FY27. - Strategic focus on scaling water infrastructure business and expanding environmental infrastructure, waste management, and bio-mining segments for long-term growth. - Capacity utilization in mining segment expected to improve around 5%-10% from current ~75%. - Plans to expand mining capacities and explore new sites underway. - Waste management segment targeted to grow order book by INR 50-60 crores in the near term, aiming for INR150 crores revenue in the current year. - Long-term growth driven by rising infrastructure investments in water, urban development, and sustainability sectors.

📈 Profitability & Margins

Rank 3
  • FY26 EPS stood at INR14.33, demonstrating resilient growth.
  • Revenue for FY26 increased 30% Y-o-Y to INR352 crores; EBITDA at INR56 crores; PAT up 17%.
  • Order book ~INR456 crores as of March 2026 provides strong multi-year revenue visibility.
  • Strategic shift towards higher-value water infrastructure projects expected to boost margins.
  • Waste management and bio-mining segment poised for strong growth with potentially high EBITDA margins (~35%+).
  • Expected order inflows for FY27 between INR500-600 crores to support revenue growth.
  • Mining segment revenues doubled Y-o-Y, capacity utilization at ~75%-85%, indicating scope for expansion.
  • Rental income from property investment (~INR1 crore/month) starting April 2027 to add steady cash flows.
  • Overall, management aims for sustained revenue growth with operating margins stabilizing around 15-17% in near term, supported by expanding technical capabilities and project portfolio.

🏗️ Capital Expenditure Plans

Yes
  • The company is acquiring land for new mining assets; acquisition process is ongoing (Page 16).
  • A portion of funds from a preferential issue is held in fixed deposits specifically for land acquisition (Page 16).
  • Plans exist for capacity expansion in the mining segment, though details will be shared when ready (Page 14).
  • Investment in a property (INR 50 crores) under construction is expected to generate rental income starting April 2027 (Page 14).
  • The company aims to build capabilities and order book in waste management; targeting additional INR 150 crores of orders this year and plans for INR 50-100 crores growth thereafter (Page 12).
  • Ongoing investments in projects are continual as part of EPC company operations (Page 15).
  • No current plans for raising additional capital (Page 8).

💰 Fundraising & Capital Structure

No
  • As of the discussion in the transcript, Vishnusurya Projects and Infra Limited has not planned any new capital raising.
  • Sanal Kumar mentioned that there is no Board approval or discussion regarding raising additional capital at the moment.
  • The company has utilized a large portion of the preferential warrants money, with a small portion held in fixed deposits for an ongoing land acquisition.
  • There is no indication of immediate plans for raising new debt or equity.
  • The focus remains on acquiring new mining assets and growing operations without perceivable government risk.
  • Working capital and liquidity needs are managed through ongoing project investments rather than fresh capital infusion.

📋 Order Book & Pipeline

Yes
  • As of March 31, 2026, the order book stood at approximately INR 456 crores, providing strong revenue visibility over the next several years.
  • For FY27, the company is guiding an indicative order book target of INR 450 crores.
  • Additional order inflows of about INR 250 crores are expected independently through bids and pipelines.
  • An additional INR 200-300 crores order flow is anticipated from joint bids or subcontracts with JWL, bringing total expected new orders to INR 500-600 crores for FY27.
  • The order book mainly comprises water infrastructure (50-60%), waste management (~INR 50 crores), and EPC segments.
  • Despite some election-related and government transition-related slowdowns, the company expects order flow and execution to normalize within 1-2 months.

Key Metrics

Revenue

Rank 2

Margin

Rank 3

Capex

Yes

Fundraise

No

Order Book

Yes

Frequently Asked Questions

What were Vishnusurya Projects and Infra Ltd Q1 FY27 results?

Future Growth Expectations for Vishnusurya Projects and Infra Limited: - Targeting revenue of approximately INR 450 crores for FY27, maintaining similar levels as FY26. - FY26 EPS stood at INR14.33, demonstrating resilient growth.

What is Vishnusurya Projects and Infra Ltd share price analysis?

Vishnusurya Projects and Infra Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 13.8 with a market cap of ₹437. Investors should review the full earnings analysis for detailed insights.

Is Vishnusurya Projects and Infra Ltd planning capital expenditure?

- The company is acquiring land for new mining assets; acquisition process is ongoing (Page 16).

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

What Vishnusurya Projects and Infra Ltd's management said in earlier quarters

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