Why is Vascon Engineers Ltd ?
1
Poor Management Efficiency with a low ROCE of 7.07%
- The company has been able to generate a Return on Capital Employed (avg) of 7.07% signifying low profitability per unit of total capital (equity and debt)
2
Flat results in Sep 25
- PAT(Q) At Rs 11.43 cr has Fallen at -42.1% (vs previous 4Q average)
- NET SALES(Q) At Rs 225.63 cr has Fallen at -18.2% (vs previous 4Q average)
- PBT LESS OI(Q) At Rs 11.30 cr has Fallen at -18.4% (vs previous 4Q average)
3
27.73% of Promoter Shares are Pledged
- In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices
4
Below par performance in long term as well as near term
- Along with generating -16.82% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Vascon Engineers for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Vascon Engineers
-16.82%
-0.32
52.99%
Sensex
4.89%
0.41
11.85%
Quality key factors
Factor
Value
Sales Growth (5y)
23.35%
EBIT Growth (5y)
29.78%
EBIT to Interest (avg)
4.74
Debt to EBITDA (avg)
1.30
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.77
Tax Ratio
15.56%
Dividend Payout Ratio
0
Pledged Shares
27.73%
Institutional Holding
1.90%
ROCE (avg)
6.60%
ROE (avg)
6.36%
Valuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
38
Price to Book Value
0.91
EV to EBIT
12.74
EV to EBITDA
11.86
EV to Capital Employed
0.91
EV to Sales
0.91
PEG Ratio
0.19
Dividend Yield
NA
ROCE (Latest)
7.14%
ROE (Latest)
7.28%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
10What is working for the Company
PAT(9M)
At Rs 67.62 cr has Grown at 105.21%
DEBTORS TURNOVER RATIO(HY)
Highest at 5.63 times
-9What is not working for the Company
PAT(Q)
At Rs 11.43 cr has Fallen at -42.1% (vs previous 4Q average
NET SALES(Q)
At Rs 225.63 cr has Fallen at -18.2% (vs previous 4Q average
PBT LESS OI(Q)
At Rs 11.30 cr has Fallen at -18.4% (vs previous 4Q average
DPR(Y)
Lowest at 0.00%
DEBT-EQUITY RATIO(HY)
Highest at 0.24 times
Loading Valuation Snapshot...
Here's what is working for Vascon Engineers
Debtors Turnover Ratio- Half Yearly
Highest at 5.63 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Vascon Engineers
Profit After Tax (PAT) - Quarterly
At Rs 11.43 cr has Fallen at -42.1% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 19.75 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 225.63 cr has Fallen at -18.2% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 275.71 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 11.30 cr has Fallen at -18.4% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 13.84 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Debt-Equity Ratio - Half Yearly
Highest at 0.24 times
in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Dividend Payout Ratio (DPR) - Annually
Lowest at 0.00%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)






