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: 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.

Q: Are Vaghani Techno-Build Ltd latest results good or bad?

Vaghani Techno-Build Ltd's latest results for Q3 FY26 show a significant improvement compared to previous periods, indicating a positive trend. The company reported a net profit of ₹0.38 crores, which is a 52% increase quarter-on-quarter (QoQ). Net sales also grew by 15.56% QoQ, reaching ₹0.52 crores. Moreover, the operating margin reached an impressive 92.31%, the highest recorded for the company, and the profit after tax (PAT) margin was 73.08%, marking the best performance in the last eight quarters. This turnaround is particularly noteworthy given the company's previous years of minimal operations and revenue.However, despite these positive results, there are concerns regarding the company's extreme valuation metrics, with a trailing P/E ratio of 857x, which raises questions about sustainability and investor expectations. The company's return on equity (ROE) and return on capital employed (ROCE) remain low, indicating challenges in capital efficiency.In summary, while the latest results reflect a strong operational recovery and profitability, the high valuation and capital efficiency issues suggest caution for potential investors.

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

Based on the latest information regarding Vaghani Techno-Build Ltd, it would be advisable to hold your position in the stock. The company has reported positive results for December 2025, with significant increases in key financial metrics such as PBDIT, PBT, and PAT, all reaching their highest levels. This indicates strong operational performance.Additionally, the rising confidence among promoters, who have increased their stake by 0.76% to 74.63%, suggests that those with insider knowledge believe in the company's future potential. However, it's important to note that the stock is currently trading at a high valuation, with a Price to Book Value of 31.4 and a return on equity (ROE) of 6.3, which indicates it may be considered expensive compared to its peers. While the stock has not generated any returns over the past year, it has seen a significant profit increase of 85%. Given these factors, holding the stock seems prudent as you monitor its performance and market conditions.

Mojo Score Change: Emrock Corporati has changed its score on 13 Mar 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.36 k (-86.44%) 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

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

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

Are Vaghani Techno-Build Ltd latest results good or bad?

12-Feb-2026

Vaghani Techno-Build Ltd's latest Q3 FY26 results show a strong recovery with a 52% increase in net profit and a record operating margin of 92.31%. However, concerns about high valuation metrics and low capital efficiency suggest caution for potential investors.

View full answer

Should I buy, sell or hold Vaghani Techno-Build Ltd?

14-Mar-2026

Why is Emrock Corporation Limited falling/rising?

16-Mar-2026

As of 16-Mar, Emrock Corporation Limited's stock price is rising to 290.20, up 3.44%. This increase is driven by strong weekly and year-to-date performance, positive trading momentum, and increased promoter stake, despite a recent decline in delivery volume.

View full answer

Which are the latest news on Emrock Corporati?

20-Mar-2026

Emrock Corporation Limited Hits New 52-Week High at Rs.303.4
Emrock Corporation Limited Stock Hits All-Time High at Rs.303.4

Compare Emrock Corporati with Similar Stocks

Universus Photo Mishtann Foods Euro India Fresh

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Positive results in Dec 25

PBDIT(Q) Highest at Rs 0.48 cr.
PBT LESS OI(Q) Highest at Rs 0.47 cr.
PAT(Q) Highest at Rs 0.38 cr.

With ROE of 6.3, it has a Very Expensive valuation with a 30.3 Price to Book Value

Rising Promoter Confidence

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

FMCG

Market cap

INR 449 Cr (Micro Cap)

P/E

481.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.02

Return on Equity

6.29%

Price to Book

30.41

Revenue and Profits:

Net Sales:

1 Cr

(Quarterly Results - Dec 2025)

Net Profit:

0 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

65.84%

6 Months

821.52%

1 Year

0.0%

2 Years

1941.1%

3 Years

2748.95%

4 Years

3216.79%

5 Years

2675.9%

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

Emrock Corporation Limited Hits New 52-Week High at Rs.303.4

Emrock Corporation Limited, a micro-cap player in the FMCG sector, reached a significant milestone today by hitting a new 52-week and all-time high of Rs.303.4. This marks a notable peak in the stock’s price trajectory, reflecting a strong momentum that has developed over recent trading sessions.

Read full news article

Emrock Corporation Limited Stock Hits All-Time High at Rs.303.4

Emrock Corporation Limited, a micro-cap player in the FMCG sector, reached an all-time high of Rs.303.4 today, marking a significant milestone in its market journey. This peak reflects the company’s sustained upward momentum over recent months, underscoring its strong performance relative to broader market indices.

Read full news article

Emrock Corporation Limited Upgraded to Hold on Improved Technicals and Financial Trends

Emrock Corporation Limited, a micro-cap player in the FMCG sector, has seen its investment rating upgraded from Sell to Hold as of 13 March 2026. This change reflects a combination of improved technical indicators, positive financial trends, and rising promoter confidence, despite a valuation that remains on the expensive side. The stock’s recent performance and underlying fundamentals warrant a closer look for investors seeking balanced exposure in the FMCG space.

Read full news article

Announcements

Announcement Under Regulation 30

07-Mar-2026 | Source : BSE

Announcement under regulation 30

Announcement under Regulation 30 (LODR)-Newspaper Publication

14-Feb-2026 | Source : BSE

Publication Newspaper Advertisement of Un-Audited Financial Results for the Quarter ended 31.12.2025

Statement Of Deviation

13-Feb-2026 | Source : BSE

Please find attached letter on your record.

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

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)

21.24%

EBIT Growth (5y)

15.66%

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

481

Industry P/E

Price to Book Value

30.26

EV to EBIT

424.25

EV to EBITDA

424.25

EV to Capital Employed

29.61

EV to Sales

264.50

PEG Ratio

Dividend Yield

ROCE (Latest)

3.46%

ROE (Latest)

6.29%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bearish

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

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) - Dec'25 - QoQ

Dec'25

Sep'25

Change(%)

Net Sales

0.52

0.45

15.56%

Operating Profit (PBDIT) excl Other Income

0.48

0.31

54.84%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

0.38

0.25

52.00%

Operating Profit Margin (Excl OI)

92.31%

68.89%

23.42%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2025 is 15.56% vs 200.00% in Sep 2025

Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is 52.00% vs 150.00% in Sep 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'25

Dec'25

Dec'24

Change(%)

Net Sales

1.12

0.00

Operating Profit (PBDIT) excl Other Income

0.84

-0.11

863.64%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

0.72

0.02

3,500.00%

Operating Profit Margin (Excl OI)

75.00%

0.00%

75.00%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in nine months ended Dec 2025 is 0.00% vs 0.00% in Dec 2024

Standalone Net Profit

YoY Growth in nine months ended Dec 2025 is 3,500.00% vs 116.67% in Dec 2024

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

Micro 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