BSE · 519331
VSF Projects Ltd.
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹1 Cr with net profit ₹-0 Cr — a -10.34% net margin, versus 1.61% the period before.
Shareholding
As of 2026-09-30
- Promoter43.66%
- Public55.01%
- DII1.33%
9,055 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 1.94× from low to high.
Risk flags
Derived from disclosed data
No flags raised by the data.
Peer comparison
Construction · ranked #227 of 382 by market cap · medians across 50 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| DLF Limited | ₹1,87,814 Cr | 40.86 | 4.1 | 10.02% | 71.64% |
| Lodha Developers Limited | ₹1,21,939 Cr | 28.03 | 4.92 | 17.2% | 23.08% |
| The Phoenix Mills Ltd. | ₹80,660 Cr | 60.95 | 8.76 | 14.31% | 28.41% |
| Prestige Estates Projects Ltd. | ₹71,070 Cr | 76.21 | 4.26 | 5.6% | 7.35% |
| Oberoi Realty Limited | ₹65,361 Cr | 24.68 | 3.42 | 13.78% | 42.34% |
| Godrej Properties Ltd. | ₹55,875 Cr | 40.87 | 2.88 | 6.97% | 21.09% |
| Knowledge Realty Trust | ₹49,266 Cr | 45.91 | 1.16 | 2.52% | 21.93% |
| Rail Vikas Nigam Limited | ₹41,588 Cr | 46.28 | 4.12 | 9.1% | 4.5% |
| Embassy Office Parks REIT | ₹40,674 Cr | 48.16 | — | 4.1% | 19.78% |
| Bagmane Prime Office REIT | ₹36,118 Cr | 41.59 | 1.02 | 0% | 38.89% |
| VSF Projects Ltd.(this company) | ₹52 Cr | — | 0.66 | -43.95% | 0% |
AI analysis
AI-generated · google/gemini-2.5-flashVSF Projects Ltd. has a market capitalization of Rs 57 Cr. The company reported revenue of Rs 1.26 Cr. For the quarter ending March 2026, the company's net profit was -0.18 Cr and EBITDA was -0.1 Cr. The shareholding pattern as of March 2026 shows promoters holding 43.651% and the public holding 55.0171%, with 22.98% of promoter shares pledged.
Positives
- +No FII shareholding is reported (0%), which means less susceptibility to global capital outflow.
Negatives
- −The company's Return on Equity (ROE) is negative at -43.9%, indicating inability to generate returns for shareholders.
- −The Return on Capital Employed (ROCE) is negative at -0.1278%, suggesting inefficient use of capital.
- −The debt-to-equity ratio is high at 1.71, indicating significant financial leverage.
- −The profit margin is 0%, indicating no net profit from operations.
- −A significant portion of promoter shares, 22.98%, are pledged, which can be a concern for promoter commitment.
- −Quarterly revenue has been Rs 0 Cr for six consecutive periods from December 2024 to March 2026.
- −The company has reported negative EBITDA in the recent quarters: -0.13 Cr in December 2025 and -0.1 Cr in March 2026.
Financial Performance
VSF Projects Ltd. reported a revenue of Rs 1.26 Cr. In the most recent quarter ending March 2026, the company had a net loss of Rs 0.18 Cr and negative EBITDA of Rs 0.1 Cr. Quarterly revenue has been Rs 0 Cr for several recent periods, including December 2024, March 2025, June 2025, September 2025, December 2025, and March 2026. The company had a positive net profit of Rs 0.17 Cr in December 2024 and Rs 0.03 Cr in March 2025 before recording losses.
Profitability & Returns
The company's Return on Equity (ROE) is -43.9%, and its Return on Capital Employed (ROCE) is -0.1278%. The profit margin is 0%. The EPS is 0. Quarterly EPS figures are not provided in the data. The most recent quarterly net profits have been negative, including -0.04 Cr in June 2025, -0.21 Cr in December 2025, and -0.18 Cr in March 2026.
Balance Sheet
The debt-to-equity ratio for VSF Projects Ltd. is 1.71, indicating a high reliance on debt. The book value per share is Rs 48.32. Further details regarding assets, liabilities, and equity structure are not provided in the supplied data.
Ownership & Pledges
shares, while the public holds 55.0171%. A significant portion of promoter shares, 22.98%, are pledged. There are 9113 shareholders in total as of March 2026. Data on shareholding history indicates pledge percentages were 0% in previous periods from 2016 to 2018.
Data as of — price: 2026-11-14 · financials: Mar 17 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.