Vishal Nirmiti share price, P/E, ROE & financials

As of 6 Nov 2026, Vishal Nirmiti trades at 10.9× trailing earnings, below the industry P/E of 27.3×, and the shares are 46% below their 52-week high. Its ROCE of 36% is the highest among the 7 largest Building Materials peers, and sales and net profit grew 8.3% and 102% a year over 3 years. Debt is 1.06× equity. It is a small-cap company with a market cap of ₹304 Cr, ranked 32nd of 58 Building Materials companies by market cap; the shares fell 44% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹115.36
Day high: ₹115.36
Day low: ₹111.52
Prev. close: ₹109.87
Volume: 2.4 L

Health check

3 good · 1 fair · 2 to check

ReturnsBehind
−43.5% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 10.9 vs industry 27.3.
GrowthStrong
Sales +8.3%, profit +102.3% a year over 3 years.
ProfitabilityStrong
ROCE 36.1% vs peer median 10.2%.
Balance sheetFair
Debt 1.06× equity, interest covered 3.5×, Piotroski 6 of 9.
Red flags1 to check
46% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Building Materials

57 listed peers. Screen the industry

Small cap

₹304 Cr, #32 of 58 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹363 Cr · profit ₹28 Cr

Market cap: ₹304 Cr; Small cap
P/E: 10.9; Industry 27.3
Price to book: 2.63; Peers 2.12
Dividend yield: 0.00%
ROE: 33.7%; Peers 4.9%
ROCE: 36.1%; Peers 10.2%
Debt to equity: 1.06; Debt ₹92 Cr
EPS (TTM): ₹10.59; Face value ₹10
OPM (TTM): 13.7%; Net margin 7.7%
Sales growth: +35.4%; Latest quarter vs a year ago
Profit growth: +76.4%; Latest quarter vs a year ago
Price to sales: 0.84; EV/EBITDA 5.7

Strengths

Return on equity of 33.7%.
Return on capital employed of 36.1%.
Quarterly profit up 76.4% on a year ago.
Quarterly sales up 35.4% on a year ago.
P/E of 10.9 against an industry P/E of 27.3.

Risks to check

46% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Vishal Nirmiti

Vishal Nirmiti Limited, a civil engineering, manufacturing, and construction company, engages in the business of manufacturing and dealing in pre-stressed concrete sleepers for railways. The company operates in two segments, Manufacturing and Services. The company offers fabrication and erection of mild steel pipes (MS Pipes), MS liners, and penstock pipes for pumped storage project. It serves railways, renewable power, and industrial sectors. The company…

Headquarters: Pune
Sector: Basic Materials
ISIN: INE1O5L01025
Website: vishalnirmiti.com

Price range

52 weeks

₹89.19₹215.00

Today

₹111.52₹115.36

Avg volume (3M): 4 L
1-year return: minus 43.5%
From 52-week high: minus 46.3%

Peers · Building Materials

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ULTRACEMCOUltraTech Cement	12,450.00	plus 1.63%	3,66,110	41.6	22.8	11.8%	19.1%	0.38	11.9%	plus 3.6%
GRASIMGrasim Industries	3,227.00	minus 0.02%	2,18,884	38.5	16.8	4.0%	15.0%	1.35	14.3%	plus 12.0%
AMBUJACEMAmbuja Cements	390.60	plus 0.67%	97,057	34.7	14.6	4.6%	14.3%	0.01	–	minus 31.6%
SHREECEMShree Cement	25,100.00	plus 0.82%	90,563	57.2	18.0	10.2%	20.1%	0.09	5.7%	minus 9.8%
JKCEMENTJ.K. Cement	5,239.80	minus 0.20%	40,487	42.3	19.2	13.3%	15.8%	1.01	12.1%	minus 9.1%
DALBHARATDalmia Bharat	1,470.30	plus 0.27%	27,602	56.3	9.6	7.0%	16.5%	0.57	3.0%	minus 28.5%
ACCACC	1,236.20	plus 0.77%	23,214	26.4	7.9	10.4%	8.7%	0.02	–	minus 33.1%
VNLVishal Nirmiti	115.36	plus 5.00%	304	10.9	7.5	36.1%	13.6%	1.06	8.3%	minus 43.5%
Median of 7 peers	–	0.67%	90,563	41.6	16.8	10.2%	15.8%	0.38	11.9%	−9.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Jun 26
64.2	70.5	87
53.7	59.1	73.2
10.6	11.4	13.8
16.4%	16.1%	15.8%
0.1	0.5	0.6
4.1	3	3.4
1.7	2.8	2.5
4.9	6.1	8.5
20.4%	25.6%	19.2%
3.9	4.5	6.9
1.48	–	2.61

Dec 25, Mar 26 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +8.3%
Profit CAGR 3Y: +102.3%
EPS CAGR 3Y: +102.3%
ROE: 33.7%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
265	242	317	337
–	minus 8.9%	+31.3%	+6.2%
234	216	268	284
31	25.3	49.8	52.6
11.7%	10.5%	15.7%	15.6%
1.4	2.3	4.9	2.1
14.8	12.7	12.9	13.3
7.3	9.2	7.5	7.8
−6.2	−1.2	−2.8	0.1
4.2	4.6	31.5	33.8
27.5%	24.8%	24.9%	26.1%
3	3.4	23.6	25
–	+14.4%	+586.0%	+5.7%
1.14	1.31	8.96	9.46

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1.8	1.8	1.8	19.8
33.2	36.8	59.8	67
79.6	88.8	89.4	91.6
110	115	146	157
225	242	297	335
46.7	50.3	69	89.3
2.9	0	4.4	6.3
0	0	0	0
1.4	0.2	0.2	0.2
173	191	223	239
225	242	297	335

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
22.2	27.7	38.2	27.2
7.4	−25.3	−18.9	−10.6
−23.9	−9.8	−14.4	−22.1
5.7	−7.3	4.9	−5.5
−9.1	−18.4	−38.3	−35.3
13.1	9.3	−0.1	−8.1

Shareholding pattern

Source: NSE filings

49.4%

promoters

Promoters49.40%
Public50.60%
As of 7 Oct 2026

Quarter	Split	Promoters	Public	Promoter change
7 Oct 2026		49.40%	50.60%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you