Share Price | Emrock Corporation Limited Stock Analysis & Recommendation

Q: Is Vaghani Techno overvalued or undervalued?

As of 17 September 2025, Vaghani Techno's valuation grade has moved from risky to very expensive, indicating a significant shift in its perceived value. The company appears to be overvalued, with a PE ratio of 13.91, an EV to EBIT ratio of 13.90, and a Price to Book Value of 1.92. These figures suggest that the stock is priced high relative to its earnings and book value, especially when compared to peers like Larsen & Toubro, which has a PE ratio of 32.69, and IRB Infra.Development with a PE of 31.83.The valuation metrics for Vaghani Techno are concerning, particularly its negative ROCE of -1.52% and low ROE of 3.85%. In contrast, peers in the same sector are showing stronger financial health, which further reinforces the notion that Vaghani Techno is overvalued. Additionally, while the company has outperformed the Sensex over the past year with a return of 40.41%, this does not mitigate the valuation concerns highlighted by its current ratios and peer comparisons.

Q: Should I buy, sell or hold Vaghani Techno?

Based on the current situation with Vaghani Techno, it would be advisable to consider selling your shares. The company has reported flat results for September 2025, and its operating cash flow is at a concerning low of Rs -0.96 crore. Additionally, the return on capital employed (ROCE) is negative at -1.3, indicating inefficiency in generating returns from its capital.The stock's valuation appears very high, with an enterprise value to capital employed ratio of 4.8, which suggests that the stock may be overpriced compared to its actual performance. While the stock has not generated any returns over the past year, it is noteworthy that profits have increased by 47%. However, the overall financial indicators point towards significant challenges.Given these factors, a sell decision seems prudent to mitigate potential losses.

Q: How has been the historical performance of Vaghani Techno?

Answer:The historical performance of Vaghani Techno shows a significant improvement in its financial metrics, particularly in the fiscal year ending March 2025.Breakdown:In March 2025, Vaghani Techno reported net sales of 0.50 crore, a notable increase from zero in the previous years, marking its first recorded revenue. Total operating income also reached 0.50 crore, while total expenditure, excluding depreciation, was 0.44 crore, resulting in an operating profit of 0.06 crore. This contrasts sharply with the losses reported in prior years, where operating profits were negative. The company achieved a profit before tax of 0.23 crore and a profit after tax of 0.17 crore, indicating a positive turnaround from previous losses. The earnings per share (EPS) rose to 0.33, up from a loss of 0.19 in March 2024. Additionally, the company's total assets increased to 7.74 crore, with total liabilities at 7.74 crore as well, reflecting a balanced financial position. Overall, Vaghani Techno's performance in March 2025 demonstrates a significant recovery and growth trajectory after years of stagnation.

Upcoming Result: Emrock Corporati will declare its result soon on 12 Feb 2026

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

12.05 k (3.68%) Volume

Shareholding (Dec 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

74.63%

Is Vaghani Techno overvalued or undervalued?

18-Sep-2025

As of September 17, 2025, Vaghani Techno is considered very expensive and overvalued with a PE ratio of 13.91 and concerning financial metrics, despite a 40.41% return over the past year, especially when compared to stronger peers like Larsen & Toubro and IRB Infra.Development.

View full answer

Should I buy, sell or hold Vaghani Techno?

20-Oct-2025

How has been the historical performance of Vaghani Techno?

20-Oct-2025

Vaghani Techno reported its first revenue of 0.50 crore in March 2025, achieving an operating profit of 0.06 crore and a profit after tax of 0.17 crore, marking a significant turnaround from previous losses. The company's total assets and liabilities were both 7.74 crore, indicating a balanced financial position.

View full answer

Which are the latest news on Emrock Corporati?

06-Feb-2026

Vaghani Techno-Build Ltd Stock Hits Record High of Rs.262.9
Vaghani Techno-Build Ltd Hits New 52-Week High at ₹260.35

When is the next results date for Vaghani Techno-Build Ltd?

06-Feb-2026

The next results date for Vaghani Techno-Build Ltd is not specified. Check their official announcements for updates.

View full answer

Why is Vaghani Techno-Build Ltd falling/rising?

06-Feb-2026

As of 06-Feb, Emrock Corporation Limited's stock price is rising to 263.25, with a notable 40.59% gain year-to-date and strong momentum indicated by trading above key moving averages. Increased investor participation and promoter stake growth further support a positive outlook despite some valuation concerns.

View full answer

Compare Emrock Corporati with Similar Stocks

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Flat results in Sep 25

OPERATING CF(Y) Lowest at Rs -0.96 Cr

With ROE of 3.7, it has a Very Expensive valuation with a 29.4 Price to Book Value

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

FMCG

Market cap

INR 416 Cr (Small Cap)

P/E

801.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.02

Return on Equity

3.67%

Price to Book

29.39

Revenue and Profits:

Net Sales:

0 Cr

(Quarterly Results - Sep 2025)

Net Profit:

0 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

182.12%

6 Months

0.0%

1 Year

0.0%

2 Years

1655.0%

3 Years

3244.98%

4 Years

3000.71%

5 Years

2600.0%

Emrock Corporati for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

When is the next results date for Vaghani Techno-Build Ltd?

The next results date for Vaghani Techno-Build Ltd is not specified in the information available. However, Emrock Corporation is set to declare its results on 12 February 2026. For Vaghani Techno-Build Ltd, you may need to check their official announcements or financial calendar for the specific date....

Read full news article

Vaghani Techno-Build Ltd Hits New 52-Week High at Rs.263.25

Vaghani Techno-Build Ltd, a key player in the FMCG sector, reached a significant milestone today by hitting a new 52-week and all-time high of Rs.263.25. This achievement marks a continuation of the stock’s strong upward momentum, reflecting sustained gains over the past several weeks.

Read full news article

Vaghani Techno-Build Ltd Stock Hits Record High of Rs.262.9

Vaghani Techno-Build Ltd, a prominent player in the FMCG sector, has reached an all-time high stock price of Rs.262.9, marking a significant milestone in its market journey. This achievement reflects the company’s robust performance and sustained momentum amid a challenging market environment.

Read full news article

Announcements

Board Meeting Intimation for Intimation Of Board Meeting To Consider & Approve Un-Audited Financial Results For The First Quarter Ended On 30Th December 2025

05-Feb-2026 | Source : BSE

Emrock Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026 inter alia to consider and approve This is to inform you that pursuant to Regulation 29 read with Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015 the meeting of Board of Directors of the company will be held on Thursday 12th February 2026 at the Registered Office of the company at 7th Floor 715 Anushri Accolade-2 Nr. Ugati Lakeview Science City Road Sola Ahmedabad-380060 Gujarat inter alia to transact following business: 1. To consider and approve the Un-Audited Standalone Financial Results of the Company for the quarter ended on 31st December 2025. 2. Any other business with the permission of the Chair. Further to note that as per the companys code of conduct on insider trading the trading window has been closed from 1st January 2026 and will continue to remain closed till 48 hours after declaration of financial results of the company for the quarter ended on 31st December 2025. Kindly take the same on record.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

06-Jan-2026 | Source : BSE

Submission of Certificate under Regulation 74(5) of the SEBI(DP) Regulation2018 for the quarter ended 31st December 2025

Compliance-57 (5) : intimation after the end of quarter

06-Jan-2026 | Source : BSE

Non-Applicablity of Compliance as per Regulation 57(5) of SEBI (LODR) Regulation2015 for the quarter ended 31st December 2025

Corporate Actions

BOARD MEETING

12 Feb 2026

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

16.00%

EBIT Growth (5y)

9.30%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

0.02

Sales to Capital Employed (avg)

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

1.91%

ROE (avg)

0.96%

Valuation key factors

Factor

Value

P/E Ratio

801

Industry P/E

Price to Book Value

29.43

EV to EBIT

416.78

EV to EBITDA

416.78

EV to Capital Employed

28.80

EV to Sales

378.89

PEG Ratio

Dividend Yield

ROCE (Latest)

3.46%

ROE (Latest)

3.67%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

Bearish

Bullish

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Bullish

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Arjunkumar Jagdishbhai Patel (25.37%)

Highest Public shareholder

Neeki Bhavinkumar Patel (3.16%)

Individual Investors Holdings

24.73%

Financial

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Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ

Sep'25

Jun'25

Change(%)

Net Sales

0.45

0.15

200.00%

Operating Profit (PBDIT) excl Other Income

0.31

0.05

520.00%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

0.25

0.10

150.00%

Operating Profit Margin (Excl OI)

68.89%

33.33%

35.56%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Sep 2025 is 200.00% vs -70.00% in Jun 2025

Standalone Net Profit

QoQ Growth in quarter ended Sep 2025 is 150.00% vs -37.50% in Jun 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

0.60

0.00

Operating Profit (PBDIT) excl Other Income

0.36

-0.08

550.00%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

0.34

0.01

3,300.00%

Operating Profit Margin (Excl OI)

60.00%

0.00%

60.00%

Values in Rs Cr.

Compare with Peers

Net Sales

Growth in half year ended Sep 2025 is 0.00% vs 0.00% in Sep 2024

Standalone Net Profit

Growth in half year ended Sep 2025 is 3,300.00% vs 107.14% in Sep 2024

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

-0.11

-0.06

-83.33%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

0.02

-0.12

116.67%

Operating Profit Margin (Excl OI)

0.00%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in nine months ended Dec 2024 is 0.00% vs 0.00% in Dec 2023

Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 116.67% vs -400.00% in Dec 2023

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'25

Mar'25

Mar'24

Change(%)

Net Sales

0.50

0.00

Operating Profit (PBDIT) excl Other Income

0.06

-0.07

185.71%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

0.17

-0.10

270.00%

Operating Profit Margin (Excl OI)

12.00%

0.00%

12.00%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2025 is 0.00% vs 0.00% in Mar 2024

Standalone Net Profit

YoY Growth in year ended Mar 2025 is 270.00% vs -266.67% in Mar 2024

All Annual Results

Company CV

About Emrock Corporation Limited

Emrock Corporation Limited

Small Cap

FMCG

Incorporated on 6 Oct.'94 as a public limited company, Dhruv Makhan (I) was promoted by Navin R Thakkar and Shailesh R Thakkar. The company set up a plant at Badarkha, Gujarat, with an installed capacity of 9900 ltr pd, to manufacture and process pasteurised milk. The company came out with a public issue of 55,60,000 shares of Rs 10 each for cash at par aggregating to Rs 556 lac, to part-finance the project.

Company Coordinates

Company Details

D-Wing Karma Sankalp Ghatkopar, Corner of 6&7th Rd of Rajawadi Mumbai Maharashtra : 400077

Tel:

http://www.vaghanitechnobuild.com

investor@vaghanitechnobuild.com

Registrar Details

Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai

Emrock Corporati

1Day

52 Week

CASH

FII

DII

Promoter

Is Vaghani Techno overvalued or undervalued?

Watch in Real-Time

Should I buy, sell or hold Vaghani Techno?

How has been the historical performance of Vaghani Techno?

Which are the latest news on Emrock Corporati?

When is the next results date for Vaghani Techno-Build Ltd?

Why is Vaghani Techno-Build Ltd falling/rising?

Compare Emrock Corporati with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

Flat results in Sep 25

With ROE of 3.7, it has a Very Expensive valuation with a 29.4 Price to Book Value

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

Returns Beta

News

When is the next results date for Vaghani Techno-Build Ltd?

Vaghani Techno-Build Ltd Hits New 52-Week High at Rs.263.25

Vaghani Techno-Build Ltd Stock Hits Record High of Rs.262.9

Announcements

Board Meeting Intimation for Intimation Of Board Meeting To Consider & Approve Un-Audited Financial Results For The First Quarter Ended On 30Th December 2025

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

Compliance-57 (5) : intimation after the end of quarter

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ

Half Yearly Results Snapshot (Standalone) - Sep'25

Nine Monthly Results Snapshot (Standalone) - Dec'24

Annual Results Snapshot (Standalone) - Mar'25

About Emrock Corporation Limited

Company Coordinates