On 6 Nov 2026, VAS Infrastructure was priced at ₹6.68, or 26.7× trailing earnings, against an industry P/E of 22.1×, and the shares are 73% below their 52-week high. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹120 Cr. It is a small-cap company with a market cap of ₹10 Cr, ranked 106th of 112 Real Estate (Development) companies by market cap; the shares fell 75% over the past year.
- ₹7.35
- ₹7.35
- ₹6.68
- ₹7.03
- 11.8K
Health check
- ReturnsBehind
−74.5% over a year, better than 0 of 7 peers.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags3 to check
Negative net worth: liabilities exceed assets.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹10 Cr
- Small cap
- P/E
- 26.7
- Industry 22.1
- Price to book
- −0.04
- Peers 2.88
- Dividend yield
- 0.00%
- ROE
- n/a
- Peers 11.1%
- ROCE
- n/a
- Peers 10.4%
- Debt to equity
- n/a
- Debt ₹120 Cr
- EPS (TTM)
- ₹0.25
- OPM (TTM)
- −58.0%
- Net margin 0.0%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- −153.71
- EV/EBITDA −201.2
Strengths and risks
Risks to check
- Negative net worth: liabilities exceed assets.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- 73% below its 52-week high.
About VAS Infrastructure
VAS Infrastructure Limited engages in the development of real estate properties in India. It develops residential facilities, including construction and infrastructure. The company was formerly known as VAS Animations & Entertainment Limited and changed its name to VAS Infrastructure Limited in July 2006. The company was incorporated in 1994 and is based in Mumbai, India. VAS Infrastructure Limited is in reorganization.
- Headquarters
- Mumbai
- Sector
- Real Estate
- ISIN
- INE192C01013
- Website
- vasinfrastructureltd.com
Price range
- Avg volume (3M)
- 3.2K
- 1-year return
- minus 74.5%
- From 52-week high
- minus 73.2%
Peers · Real Estate - Development
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DLFDLF | 752.90 | plus 1.03% | 1,86,366 | 40.8 | 127.6 | 6.3% | 15.3% | 0.01 | 11.3% | minus 3.8% |
| LODHALodha Developers | 1,179.00 | plus 0.27% | 1,17,812 | 27.1 | 25.2 | 18.2% | 33.1% | 0.41 | 20.4% | minus 3.9% |
| OBEROIRLTYOberoi Realty | 1,739.00 | minus 0.13% | 63,230 | 24.0 | 18.8 | 16.7% | 57.5% | 0.14 | 12.9% | minus 2.2% |
| GODREJPROPGodrej Properties | 1,809.30 | minus 0.31% | 54,501 | 40.4 | – | 11.1% | −6.5% | 1.02 | 32.4% | minus 20.9% |
| BRIGADEBrigade Enterprises | 558.15 | minus 0.89% | 18,205 | 25.1 | 15.6 | 9.8% | 29.2% | 0.83 | 18.5% | minus 26.2% |
| ANANTRAJAnant Raj | 445.45 | minus 4.41% | 16,031 | 26.5 | 24.1 | 10.4% | 27.8% | 0.13 | 37.9% | minus 27.8% |
| SOBHASobha | 1,275.40 | minus 1.28% | 13,642 | 71.4 | 46.7 | 7.4% | 6.5% | 0.33 | 16.3% | minus 20.2% |
| VASINFRAVAS Infrastructure | 6.68 | minus 4.98% | 10 | 26.7 | – | – | −505.1% | – | – | minus 74.5% |
| Median of 7 peers | – | −0.31% | 54,501 | 27.1 | 24.7 | 10.4% | 27.8% | 0.33 | 18.5% | −20.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| −0.2 | −0.1 | −0.1 | −0.2 | −0.2 | |
| 0 | 0.2 | 0.1 | 0.6 | 0 | |
| – | 0 | – | – | – | |
| 0 | 0 | 0 | 0 | 0 | |
| −0.2 | 0.1 | 0 | 0.4 | −0.1 | |
| – | – | – | 3.4% | – | |
| −0.2 | 0.1 | 0 | 0.4 | −0.1 | |
| -0.12 | 0.06 | 0.01 | 0.26 | -0.08 |
Profit & loss
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.6 | −0.4 | – | – | |
| 7.4 | 8.4 | – | – | |
| −5.8 | −8.9 | −0.6 | −0.5 | |
| −359.5% | 2112.8% | – | – | |
| −47.9 | −0.2 | 0.1 | 0.9 | |
| 0 | 53 | – | – | |
| 0.1 | 0.1 | 0 | 0 | |
| 6.8 | – | – | −0 | |
| −47 | −62.3 | −0.5 | 0.3 | |
| – | – | −2.2% | 4.1% | |
| −47 | −62.3 | −0.5 | 0.3 | |
| -31.10 | -41.15 | -0.33 | 0.21 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 15.1 | 15.1 | 15.1 | 15.1 | |
| −212 | −274 | −275 | −274 | |
| 110 | 120 | 120 | 120 | |
| 228 | 277 | 280 | 295 | |
| 141 | 138 | 141 | 156 | |
| 0.2 | 0 | 0 | 0 | |
| 84.2 | 83.9 | 83.9 | 83.9 | |
| −0 | 0.1 | 2.6 | 17.2 | |
| 56.4 | 54.1 | 54.1 | 54.8 | |
| 141 | 138 | 141 | 156 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 72.9 | −10.5 | 2.2 | 13.8 | |
| −73.9 | 0.6 | 0.1 | 0.9 | |
| 0.1 | 10.2 | 0.1 | – | |
| −0.9 | 0.2 | 2.4 | 14.7 | |
| 72.9 | −10.5 | 2.2 | 13.8 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.