Sector Alpha Week of 2026-08-14
Sector Alpha — machine-written from the numbers · Data as of 2026-08-14

Vishnu Prakash R Punglia Ltd

VPRPL
Infra - Construction & Contracting

Vishnu Prakash R Punglia Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

The sharpest disagreement: annual EPS moved −52.0% against a −79.7% price move — the market has not yet caught up with the delivery.

The price is in a downtrend (57 weeks in) while the P/E sits at the 96th percentile of its own 3-year range. Underneath, the last four quarters read deteriorating — profit −850.0% year on year, and −195% of the last 3 years' profit arrived as cash. What settles it: whether the price catches up with earnings that have already moved.

Stage
Deteriorating
partial read
Price
₹33.0
−79.7% 1Y
P/E
59.9×
96th pctile
of its own 3-year range
Revenue (Dec 25)
₹177 Cr
−26.6% YoY
Profit (Dec 25)
₹−30.0 Cr
−850.0% YoY
Operating margin
−7.0%
−18.0 pp YoY
ROCE
11%
FY25
ROIC
−7.7%
vs WACC 12.0% → −19.7 pp
Cash conversion
−195%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Vishnu Prakash R Punglia Ltd trades at ₹33.0, in a downtrend and 57 weeks into that stage. That is −63.8% against its own 200-day average. It sits at 0% of a 52-week range of ₹33 to ₹183. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (63 weeks and counting).

Today the stock is in a downtrend — week 57 of stage 4, confirmed. At ₹33.0 it trades −63.8% versus its 200-day average and sits at 0% of its 52-week range (₹33–₹183).

Mar 26: ₹33.0 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
−63.8% versus the 200-day line, week 57 of stage 4
Price50-day avg200-day avg
S2S4S2S4₹335₹254₹173₹91.8₹10.7₹33₹91Sep 23Apr 24Dec 24Aug 25Mar 26
S2S4S2S4₹335₹254₹173₹91.8₹10.7₹33₹91Sep 23Dec 24Mar 26
Beating or trailing, week by week since 2023 Each cell is one week from 2023 to now (134 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Sep 23Mar 26

Against the market, two honest reads. Cumulative: over the last 2.6 years the stock moved −81% while the NIFTY 500 moved +19% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (63 weeks and counting; last ahead the week of 2025-01-10) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Vishnu Prakash R Punglia Ltd trades at 59.9× P/E, at the pricey end of its own range (96th percentile). Its long-run median P/E is 22.4×, measured across 2.6 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 59.9× is at the pricey end of its own range (96th percentile), against a long-run median of 22.4× measured over 2.6 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 59.9× vs a 22.4× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 2.6-year window; loss-period spikes above 67× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
at the pricey end of its own range (96th percentile)
P/EMedianEPS (TTM) (quarterly)
71.3×₹11.056.5×₹8.341.8×₹5.527.1×₹2.812.3×₹0.0×60.10×₹1Sep 23Apr 24Dec 24Aug 25Mar 26
71.3×₹11.056.5×₹8.341.8×₹5.527.1×₹2.812.3×₹0.0×60.10×₹1Sep 23Dec 24Mar 26
P/E
59.9×
96th percentile of 3y

Why the multiple sits where it does: over the past year annual EPS moved −52.0% against a −79.7% price move — earnings outran the price, pushing the multiple DOWN its own range.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

03 · Stage: Deteriorating

Stage: Deteriorating Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Vishnu Prakash R Punglia Ltd reads as deteriorating on its fundamental arc. Deteriorating — revenue and profit growth are shrinking (revenue growth −26.6% latest (single-quarter readings) against +38.4% at its 12-quarter best), ROCE slipping at 11.0%. The read is built from 9 quarters across 3 curves, on partial evidence.

Growth, year by year: revenue −16.1% in FY25, profit −51.6% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
69%152%46%97%23%42%0.0%−12%−22%−67%%%−16.1%−51.6%FY18FY21FY25
69%152%46%97%23%42%0.0%−12%−22%−67%%%−16.1%−51.6%FY18FY21FY25
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. Base-effect spikes shown pinned (▲). A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue rolling over
RevenueProfitEPS
51%97%27%−9.7%2.9%−116%−21%−223%−45%−329%%%−26.6%−300%−103%Mar 23Jun 24Dec 25
51%97%27%−9.7%2.9%−116%−21%−223%−45%−329%%%−26.6%−300%−103%Mar 23Jun 24Dec 25
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
36%29%23%16%9.2%%11%FY22FY23FY25
36%29%23%16%9.2%%11%FY22FY23FY25
Revenue growth
Falling
latest −26.6% · span −38.4% to +38.4%
Profit growth
Stuck low
latest −850.0% · span −83.3% to +67.5%
ROCE
Falling
latest 11.0% · span 11.0%–34.0%

🚨 Why it matters: falling curves mean every cheap-looking ratio below needs a discount for direction.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue−16.1%+16.3%+27.2%
Profit−51.6%+9.4%+35.3%
EPS−52.0%−33.4%+0.9%
Share price−79.7%
Revenue YoY (Dec 25)
−26.6%
latest quarter vs a year ago
Profit YoY (Dec 25)
−850.0%
latest quarter vs a year ago
Revenue 10y
19.7%
long-run compound pace
04 · 4-Factor Sector Score

4-Factor Sector Score

30.2/100 — rank 16 of 17 in Infra - Construction & Contracting · 54% evidence confidence

Vishnu Prakash R Punglia Ltd scores 30.2 out of 100 against the 17 companies it is compared with in Infra - Construction & Contracting, ranking 16. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

The four contributions add to the total exactly: 9.5 + 9.2 + 8.5 + 3 = 30.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Vishnu Prakash R Punglia Ltd reported ₹177 Cr of revenue in the Dec 25 quarter, −26.6% year on year. Over 7 years it has compounded at 19.7% a year. The last full year, FY25, came in at ₹1,237 Cr. The last four reported quarters add to ₹1,154 Cr.

FY25 revenue came in at ₹1,237 Cr (−16.1% on the year), capping 7 years at 19.7% compound. The latest quarter (Dec 25) printed ₹177 Cr, −26.6% year on year.

FY25 revenue ₹1,237 Cr (−16.1% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 8-year window. A bar is red when it is lower than the year before.
19.7% a year over 7 years
RevenueYoY growth
1.6k69%1.2k46%79623%3980.0%0−22%₹ Cr%₹1,237−16.1%FY18FY21FY25
1.6k69%1.2k46%79623%3980.0%0−22%₹ Cr%₹1,237−16.1%FY18FY21FY25
Dec 25: ₹177 Cr (−26.6% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
71051%53227%3552.9%177−21%0−45%₹ Cr%₹177−26.6%Mar 23Jun 24Dec 25
71051%53227%3552.9%177−21%0−45%₹ Cr%₹177−26.6%Mar 23Jun 24Dec 25

Pace check: the last four quarters averaged −17.3% growth against the decade's 19.7% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew −22.6% over the last 4 quarters against −4.8%/yr over the last 8 — rolling over.

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Vishnu Prakash R Punglia Ltd's operating margin is −7.0% in the Dec 25 quarter, −18.0 percentage points against the same quarter a year ago. Across 8 fiscal years the operating margin has ranged 9.0% to 14.0%. The current quarter is running below every full year in that window.

The latest quarter's operating margin is −7.0%, −18.0 pp against the same quarter a year ago. Across 8 fiscal years the operating margin has ranged 9.0%–14.0%.

🚨 Why the margin moved: operating margin went −18.8 pp year on year while gross margin went −5.2 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

FY25: 13.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 8-year window.
within a 9.0–14.0% band over 8 years
operating marginYoY change (pp)
14%2.2%13%1.4%12%0.5%10%−0.4%8.6%−1.2%%%13%−1%FY18FY21FY25
14%2.2%13%1.4%12%0.5%10%−0.4%8.6%−1.2%%%13%−1%FY18FY21FY25
Dec 25: −7.0% operating margin (−18.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
18%3.6%11%−2.2%4.5%−8.0%−2.2%−14%−8.8%−20%%%−7%−18%Mar 23Jun 24Dec 25
18%3.6%11%−2.2%4.5%−8.0%−2.2%−14%−8.8%−20%%%−7%−18%Mar 23Jun 24Dec 25
07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Vishnu Prakash R Punglia Ltd posted a net loss of ₹30.0 Cr in the Dec 25 quarter. Full-year FY25 profit was ₹59.0 Cr. The 7-year compound rate is 27.1%. That loss is 16.9% of the quarter's revenue. The same quarter a year earlier earned ₹4.0 Cr. 1 of the last 12 reported quarters were loss-making.

Dec 25 profit was ₹−30.0 Cr, −850.0% year on year. On the full year, FY25 printed ₹59.0 Cr (−51.6%), and the 7-year compound rate is 27.1%.

FY25 profit ₹59.0 Cr (−51.6% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 8-year window. A bar is red when it is lower than the year before.
27.1% a year over 7 years
Net profitYoY growth
132152%9997%6643%33−12%0−67%₹ Cr%₹59−51.6%FY18FY21FY25
132152%9997%6643%33−12%0−67%₹ Cr%₹59−51.6%FY18FY21FY25
Dec 25: ₹−30.0 Cr (−850.0% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
75141%47−125%19−391%−10−657%−38−923%₹ Cr%₹−30−850%Mar 23Jun 24Dec 25
75141%47−125%19−391%−10−657%−38−923%₹ Cr%₹−30−850%Mar 23Jun 24Dec 25

🚨 Why profit moved: revenue contributed −26.6% and the margin −18.0 pp — the quarter was revenue-led despite a thinner margin.

Pace comparison, last four quarters: profit −265.7% vs revenue −17.3%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years −195% of Vishnu Prakash R Punglia Ltd's reported profit arrived as operating cash — a gap worth watching. In FY25 that was ₹−207 Cr of operating cash against ₹59.0 Cr of profit. After ₹72.0 Cr of capital spending, ₹−279 Cr was left as free cash.

FY25: operating cash of ₹−207 Cr against reported profit of ₹59.0 Cr, leaving free cash of ₹−279 Cr after ₹72.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −195% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY25: CFO ₹−207 Cr vs profit ₹59.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 8-year window, annual resolution.
−195% of 3-year profit arrived as cash
Operating cashNet profitFree cash
16119−123−265−407₹ Cr₹−207₹59₹−279FY18FY21FY25
16119−123−265−407₹ Cr₹−207₹59₹−279FY18FY21FY25
FY25: CFO = −351% of profit (three-year rate −195%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
343%157%−30%−216%−402%%−351%FY18FY21FY25
343%157%−30%−216%−402%%−351%FY18FY21FY25

🚨 Why conversion sits at −195%: the cash cycle stretched 464 days between FY20 and FY25 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: conversion is below par and the cash cycle has stretched 464 days — the next section's job is to find where the cash is stuck.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Vishnu Prakash R Punglia Ltd's cash conversion cycle runs 637 days in FY25, up from 173 days in FY20. Capital spending ran ₹191 Cr over the last 3 years. At FY25 sales of ₹1,237 Cr each day of that cycle holds about ₹3.4 Cr, so roughly ₹2,159 Cr sits inside the business at any moment.

FY25: debtors at 217 days, inventory at 941 days — roughly 31.0 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 637 days, looser than FY20's 173.

The full loop: cash goes out to suppliers and production on day 0; stock waits 941 days to sell; customers pay about 217 days after that; and suppliers themselves are paid at 521 days — netting out to the 637-day cycle.

In money terms: at FY25 sales of ₹1,237 Cr, each day of the cycle holds about ₹3.4 Cr — so the 637-day loop keeps roughly ₹2,159 Cr sitting inside the business at any moment.

FY25: a 637-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 8-year window.
+464 days vs FY20
Cash cycleInventory daysDebtor daysPayable days
1,013751489227−35days637d941d217d521dFY18FY19FY21FY23FY25
1,013751489227−35days637d941d217d521dFY18FY21FY25

On the investment side: capital spending of ₹191 Cr over the last 3 fiscal years against ₹34.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹7.0 Cr (FY25) — capacity paid for but not yet earning.

FY25: capex ₹72.0 Cr, work-in-progress ₹7.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
785839190₹ Cr₹72₹7FY19FY20FY22FY23FY25
785839190₹ Cr₹72₹7FY19FY22FY25

The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Vishnu Prakash R Punglia Ltd earns a ROCE of 11% in FY25. Return on invested capital clears the cost of that capital by −19.7 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 4.8% net margin on 0.62× asset turns.

FY25 ROCE is 11%.

🚨 Why the return is what it is — the wiring (FY25): 4.8% net margin × 0.62× asset turns × 2.58× balance-sheet leverage ≈ 7.7% on equity. Margin does its share; leverage is a meaningful part of the equation.

The capstone test — ROIC − WACC: −7.7% − 12.0% = a −19.7 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.

FY25: ROCE 11% Return on capital employed by fiscal year, % (line). 7-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the full ladder
ROCEWACC
36%29%23%16%9.2%%11%FY19FY20FY22FY23FY25
36%29%23%16%9.2%%11%FY19FY22FY25
11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Vishnu Prakash R Punglia Ltd carries ₹707 Cr of borrowings against ₹780 Cr of equity in FY25, a debt-to-equity of 0.91. Operating profit covers the interest bill 2×. Over 5 years borrowings went from ₹122 Cr to ₹707 Cr. Capital spending ran ₹191 Cr across the last 3 of those years.

FY25: borrowings of ₹707 Cr against equity of ₹780 Cr — a debt-to-equity of 0.91. Operating profit covers the interest bill 2×. Over 5 years borrowings went from ₹122 Cr to ₹707 Cr while capital spending ran ₹191 Cr in just the last 3 — part of the build-out is riding on borrowed money.

FY25: borrowings ₹707 Cr at 0.91× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 8-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
the debt trajectory
BorrowingsDebt-to-equity
7641.7×5731.4×3821.1×1910.8×00.5×₹ Cr×₹7070.91×FY18FY19FY21FY23FY25
7641.7×5731.4×3821.1×1910.8×00.5×₹ Cr×₹7070.91×FY18FY21FY25
12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Promoters cut 15.2 points of Vishnu Prakash R Punglia Ltd over 8 quarters, the biggest move on the register. That takes promoters to 52.6% of the company. Foreign institutions moved −3.0 points over the same window, to 0.1%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: −15.2 points over 8 quarters to 52.6%; Foreign institutions: −3.0 points over 8 quarters to 0.1%; Domestic institutions: −0.9 points over 8 quarters to 4.1%.

🚨 Why the register moved: promoters drove it (−15.2 points), alongside foreign institutions (−3.0 points) — distribution into the market’s bid.

Fiscal-year ends: promoters +0.0 pts from Mar 24 to Mar 25 Shareholding at each fiscal-year end (March quarter), % of the company. 2 year-ends held.
PromotersForeign inst.Domestic inst.Public
73%54%34%14%−5.2%%67.8%0.2%4.1%27.7%Mar 24Mar 25
73%54%34%14%−5.2%%67.8%0.2%4.1%27.7%Mar 24Mar 25
Promoters cut 15.2 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 10 quarters.
PromotersForeign inst.Domestic inst.Public
73%54%34%14%−5.3%%52.6%0.1%4.1%42.9%Sep 23Sep 24Dec 25
73%54%34%14%−5.3%%52.6%0.1%4.1%42.9%Sep 23Sep 24Dec 25
13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Vishnu Prakash R Punglia Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

14 · Related companies · Infra - Construction & Contracting
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Cemindia Projects LtdCEMPRO 64.1/100Mixed-positive evidence100% evidence LEADER 24.6/35 Revenue 8.9% · PAT 47.2% · OPM change 1 pp 100% evidence 17.4/25 ROCE 32.8% · OPM 10% 100% evidence 2.1/20 P/E 37.1× · PEG 5.81 100% evidence 20.0/20 RS sector 57.1% · RS bench 47.8% · 1Y 79%12 of 12 weeks ahead 100% evidence
Exact sum: 24.6 + 17.4 + 2.1 + 20 = 64.1 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2Patel Engineering LtdPATELENG 59.6/100Mixed-positive evidence100% evidence TURNING 15.3/35 Revenue -1.4% · PAT 4.7% · OPM change 1 pp 100% evidence 15.2/25 ROCE 13.5% · OPM 14% 100% evidence 17.8/20 P/E 7.2× · PEG 0.65 100% evidence 11.3/20 RS sector -2.5% · RS bench -8.6% · 1Y -19.3%4 of 12 weeks ahead 100% evidence
Exact sum: 15.3 + 15.2 + 17.8 + 11.3 = 59.6 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
3Larsen & Toubro LtdLT 56.2/100Mixed-positive evidence82% evidence ASLEEP 19.1/35 Revenue 9.8% · PAT 5.8% · OPM change -1 pp 95% evidence 15.6/25 ROCE 14.6% · OPM 12% 76% evidence 8.2/20 P/E 31.7× · PEG — 50% evidence 13.3/20 RS sector 6.9% · RS bench 1.5% · 1Y 12.5%4 of 12 weeks ahead 100% evidence
Exact sum: 19.1 + 15.6 + 8.2 + 13.3 = 56.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4SPML Infra LtdSPMLINFRA 54.2/100Mixed-positive evidence74% evidence ASLEEP 28.0/35 Revenue 37.8% · PAT 80.8% · OPM change 4.4 pp 95% evidence 3.6/25 ROCE 6.8% · OPM 9% 95% evidence 10.6/20 P/E 19× · PEG — 15% evidence 12.0/20 RS sector 3.7% · RS bench -8.1% · 1Y -30.6%5 of 10 weeks ahead 70% evidence
Exact sum: 28 + 3.6 + 10.6 + 12 = 54.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5NBCC (India) LtdNBCC 51.6/100Mixed-positive evidence82% evidence ASLEEP 20.8/35 Revenue 3.8% · PAT 30.9% · OPM change 2.4 pp 95% evidence 17.8/25 ROCE 31% · OPM 7% 76% evidence 9.5/20 P/E 35.2× · PEG — 50% evidence 3.5/20 RS sector -8.8% · RS bench -14.1% · 1Y -15.7%7 of 12 weeks ahead 100% evidence
Exact sum: 20.8 + 17.8 + 9.5 + 3.5 = 51.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Ramky Infrastructure LtdRAMKY 51.3/100Mixed-positive evidence76% evidence BASING 13.3/35 Revenue 4.6% · PAT 17.8% · OPM change -14 pp 95% evidence 11.8/25 ROCE 13.7% · OPM 6% 76% evidence 14.0/20 P/E 14.4× · PEG — 50% evidence 12.2/20 RS sector 13.8% · RS bench -24.2% · 1Y -27.7%0 of 10 weeks ahead 70% evidence
Exact sum: 13.3 + 11.8 + 14 + 12.2 = 51.3 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
7PNC Infratech LtdPNCINFRA 50.5/100Mixed-positive evidence100% evidence ASLEEP 16.1/35 Revenue -6.5% · PAT 9.4% · OPM change 5 pp 100% evidence 10.2/25 ROCE 8.5% · OPM 31% 100% evidence 17.0/20 P/E 9.2× · PEG 0.17 100% evidence 7.2/20 RS sector -5% · RS bench -11.1% · 1Y -29%7 of 12 weeks ahead 100% evidence
Exact sum: 16.1 + 10.2 + 17 + 7.2 = 50.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Hazoor Multi Projects LtdHAZOOR 47.0/100Mixed-negative evidence69% evidence 13.8/35 Revenue -30.5% · PAT -34.1% · OPM change 70.1 pp 95% evidence 13.2/25 ROCE 12% · OPM 84.5% 76% evidence 10.4/20 P/E 19.9× · PEG — 15% evidence 9.6/20 RS sector 1.7% · RS bench -22.1% · 1Y -31.1%4 of 12 weeks ahead to 2026-03-08 70% evidence
Exact sum: 13.8 + 13.2 + 10.4 + 9.6 = 47 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Likhitha Infrastructure LtdLIKHITHA 45.5/100Mixed-negative evidence87% evidence TURNING 7.5/35 Revenue -18.8% · PAT -51.4% · OPM change -2.7 pp 95% evidence 14.0/25 ROCE 13.7% · OPM 12.9% 95% evidence 7.0/20 P/E 26.2× · PEG — 50% evidence 17.0/20 RS sector 9.4% · RS bench 2.5% · 1Y -20.5%7 of 12 weeks ahead 100% evidence
Exact sum: 7.5 + 14 + 7 + 17 = 45.5 · Decision use: Price leads the evidence: RS versus the benchmark is 2.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
10Simplex Infrastructures LtdSIMPLEXINF 42.8/100Mixed-negative evidence81% evidence TURNING 25.1/35 Revenue 4.6% · PAT 80.8% · OPM change 3.9 pp 95% evidence 4.5/25 ROCE 2.4% · OPM 7% 95% evidence 5.6/20 P/E 43.8× · PEG — 50% evidence 7.6/20 RS sector -19.8% · RS bench -0.4% · 1Y -11.6%8 of 10 weeks ahead 70% evidence
Exact sum: 25.1 + 4.5 + 5.6 + 7.6 = 42.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11H.G. Infra Engineering LtdHGINFRA 41.4/100Mixed-negative evidence94% evidence ASLEEP 15.7/35 Revenue -3.1% · PAT -57.9% · OPM change 10 pp 100% evidence 12.9/25 ROCE 11.3% · OPM 28% 100% evidence 8.9/20 P/E 13.1× · PEG 3.17 100% evidence 3.9/20 RS sector -27.7% · RS bench -26.2% · 1Y -47.2%4 of 10 weeks ahead 70% evidence
Exact sum: 15.7 + 12.9 + 8.9 + 3.9 = 41.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12IRB Infrastructure Developers LtdIRB 40.7/100Mixed-negative evidence82% evidence BASING 16.1/35 Revenue -2.2% · PAT -80% · OPM change 9 pp 95% evidence 10.7/25 ROCE 7.5% · OPM 54% 76% evidence 9.4/20 P/E 23.6× · PEG — 50% evidence 4.5/20 RS sector -5.5% · RS bench -10.5% · 1Y -11.5%0 of 12 weeks ahead 100% evidence
Exact sum: 16.1 + 10.7 + 9.4 + 4.5 = 40.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
13Hindustan Construction Company LtdHCC 39.3/100Mixed-negative evidence93% evidence ASLEEP 6.1/35 Revenue -20.7% · PAT 0% · OPM change -5 pp 100% evidence 15.5/25 ROCE 24.8% · OPM 11% 100% evidence 10.7/20 P/E 38.4× · PEG 1.3 65% evidence 7.0/20 RS sector -1% · RS bench -7.1% · 1Y -13.7%8 of 12 weeks ahead 100% evidence
Exact sum: 6.1 + 15.5 + 10.7 + 7 = 39.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14Rail Vikas Nigam LtdRVNL 38.4/100Mixed-negative evidence87% evidence BASING 16.3/35 Revenue 5.4% · PAT -24.5% · OPM change 2.9 pp 100% evidence 6.7/25 ROCE 10.8% · OPM 4.3% 100% evidence 4.5/20 P/E 52.7× · PEG 5.08 65% evidence 10.9/20 RS sector 6% · RS bench -24.8% · 1Y -32.5%0 of 10 weeks ahead 70% evidence
Exact sum: 16.3 + 6.7 + 4.5 + 10.9 = 38.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15KNR Constructions LtdKNRCON 37.7/100Mixed-negative evidence82% evidence BASING 4.3/35 Revenue -39% · PAT -58.8% · OPM change -14 pp 95% evidence 11.5/25 ROCE 10.4% · OPM 16% 76% evidence 13.8/20 P/E 10.9× · PEG — 50% evidence 8.1/20 RS sector -6.7% · RS bench -12.8% · 1Y -36.5%3 of 12 weeks ahead 100% evidence
Exact sum: 4.3 + 11.5 + 13.8 + 8.1 = 37.7 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
16Vishnu Prakash R Punglia Ltdthis pageVPRPL 30.2/100Thin evidence · provisional54% evidence 9.5/35 Revenue -22.6% · PAT -80% · OPM change -18 pp 53% evidence 9.2/25 ROCE 11.4% · OPM -7% 71% evidence 8.5/20 P/E 59.9× · PEG — 15% evidence 3.0/20 RS sector -56.9% · RS bench -67.1% · 1Y -78.5%0 of 12 weeks ahead to 2026-03-29 70% evidence
Exact sum: 9.5 + 9.2 + 8.5 + 3 = 30.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
17Giriraj Civil Developers LtdGIRIRAJ 51.2/100Thin evidence · provisional44% evidence 21.3/35 Revenue 100% · PAT 100% · OPM change 2 pp 27% evidence 14.9/25 ROCE 20.1% · OPM 8% 71% evidence 10.2/20 P/E 21.1× · PEG — 15% evidence 4.8/20 RS sector -32.2% · RS bench -12.3% · 1Y -44%4 of 11 weeks ahead to 2026-03-29 70% evidence
Exact sum: 21.3 + 14.9 + 10.2 + 4.8 = 51.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

15 · Frequently asked questions

Frequently asked questions

What is Vishnu Prakash R Punglia Ltd's share price today?

Vishnu Prakash R Punglia Ltd trades at ₹33.0, −79.7% over the past year. The company is valued at ₹412 Cr. The stock sits at the very bottom of its 52-week range (₹33–₹183), −63.8% versus its 200-day average. On the tape, the price is in a downtrend, 57 weeks in. — as of 14 August 2026.

What were Vishnu Prakash R Punglia Ltd's latest quarterly results?

Vishnu Prakash R Punglia Ltd reported revenue of ₹177 Cr and a net loss of ₹30.0 Cr for the Dec 25 quarter. Revenue fell 26.6% and profit fell 850.0% year on year. Earnings per share were ₹−2.41. The operating margin was −7.0%, 18.0 pp lower than a year earlier. — as of 14 August 2026.

What is Vishnu Prakash R Punglia Ltd's revenue?

Vishnu Prakash R Punglia Ltd reported revenue of ₹177 Cr in the Dec 25 quarter, −26.6% year on year. For the full FY25 fiscal year, revenue was ₹1,237 Cr (−16.1%). Over the last 7 years revenue compounded at 19.7% a year. — as of 14 August 2026.

What is Vishnu Prakash R Punglia Ltd's profit?

Vishnu Prakash R Punglia Ltd earned ₹−30.0 Cr of net profit in the Dec 25 quarter, −850.0% year on year. Full-year FY25 profit was ₹59.0 Cr. The operating margin ran −7.0% in the latest quarter. — as of 14 August 2026.

What is Vishnu Prakash R Punglia Ltd's market cap?

Vishnu Prakash R Punglia Ltd's market capitalisation is ₹412 Cr at a share price of ₹33.0. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 14 August 2026.

What is Vishnu Prakash R Punglia Ltd's P/E ratio?

Vishnu Prakash R Punglia Ltd trades at a P/E of 59.9×, at the 96th percentile of its own 3-year range, against a long-run median of 22.4×. This is a comparison with the stock's own history, not a value call — as of 14 August 2026.

Does Vishnu Prakash R Punglia Ltd pay a dividend?

No — Vishnu Prakash R Punglia Ltd has recorded a dividend payout of 0% of profit in each of its last 8 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 14 August 2026.

Is Vishnu Prakash R Punglia Ltd overvalued?

On its own history, Vishnu Prakash R Punglia Ltd looks expensive: its P/E of 59.9× sits at the 96th percentile of its 3-year range (long-run median 22.4×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 14 August 2026.

Is Vishnu Prakash R Punglia Ltd growing?

Not right now — Vishnu Prakash R Punglia Ltd's latest numbers are shrinking: latest-quarter revenue −26.6% year on year, profit −850.0%, and the margin −18.0 pp at −7.0%. The 7-year compound rates are 19.7% (revenue) and 27.1% (profit). The earnings engine currently reads: deteriorating — as of 14 August 2026.

How is Vishnu Prakash R Punglia Ltd performing?

Vishnu Prakash R Punglia Ltd is in a downtrend, 57 weeks in. Its latest quarter's revenue fell 26.6% and profit fell 850.0% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 63 weeks. This describes what the data did, not a rating. — as of 14 August 2026.

What stage is Vishnu Prakash R Punglia Ltd in?

Deteriorating — revenue and profit growth are shrinking (revenue growth −26.6% latest (single-quarter readings) against +38.4% at its 12-quarter best), ROCE slipping at 11.0%. The read comes from the last 12 quarters of growth (revenue growth −26.6% latest, profit growth −850.0% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 14 August 2026.

Is Vishnu Prakash R Punglia Ltd in an uptrend?

No — the price is in a downtrend (week 57 of stage 4), trading −63.8% versus its 200-day average and at the very bottom of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 14 August 2026.

Is Vishnu Prakash R Punglia Ltd beating the market?

Not lately — on a trailing-13-week view Vishnu Prakash R Punglia Ltd is currently behind the NIFTY 500 (63 weeks and counting; last ahead the week of 2025-01-10), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 2.6 years the stock moved −81% against the NIFTY 500's +19% — behind the index over the full window. — as of 14 August 2026.

Will Vishnu Prakash R Punglia Ltd's share price go up?

This page publishes no price forecast for Vishnu Prakash R Punglia Ltd. What it measures instead: the share price is ₹33.0, the price is in a downtrend 57 weeks in. Its P/E of 59.9× sits at the 96th percentile of its own 3-year range. — as of 14 August 2026.

Who owns Vishnu Prakash R Punglia Ltd?

Promoters hold 52.6% of Vishnu Prakash R Punglia Ltd, foreign institutions 0.1%, domestic institutions 4.1% and the public 42.9% (latest quarter). The biggest move on the register over the last two years: Promoters cut 15.2 points over 8 quarters. — as of 14 August 2026.

Does Vishnu Prakash R Punglia Ltd have too much debt?

It is moderate — Vishnu Prakash R Punglia Ltd's debt-to-equity is 0.91, and operating profit covers the interest bill 2×. FY25 borrowings were ₹707 Cr against equity of ₹780 Cr. Read the returns on this page with that leverage in mind — as of 14 August 2026.

What is Vishnu Prakash R Punglia Ltd's capex?

Vishnu Prakash R Punglia Ltd spent ₹191 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was ₹72.0 Cr, with ₹7.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 14 August 2026.

What is Vishnu Prakash R Punglia Ltd's cash flow?

Vishnu Prakash R Punglia Ltd consumed ₹207 Cr of operating cash in FY25 — cash flowed out rather than in (free cash flow: ₹−279 Cr). Operating cash was negative while the company reported a profit of ₹59.0 Cr. Cash-flow resolution for India is annual. — as of 14 August 2026.

Is Vishnu Prakash R Punglia Ltd's profit real cash?

No — operating cash was negative over the last 3 fiscal years: Vishnu Prakash R Punglia Ltd consumed cash while reporting profit. In FY25, operating cash was ₹−207 Cr against reported profit of ₹59.0 Cr. Cash-flow resolution is annual — as of 14 August 2026.

Where is Vishnu Prakash R Punglia Ltd in its business cycle?

Vishnu Prakash R Punglia Ltd's FY25 operating margin was 13.0%, against a 8-year band of 9.0%–14.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran −7.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 14 August 2026.

What could break the Vishnu Prakash R Punglia Ltd story?

The sharpest disagreement: annual EPS moved −52.0% against a −79.7% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 14 August 2026.

Is Vishnu Prakash R Punglia Ltd a stock worth studying right now?

This is not investment advice. The machine read: Vishnu Prakash R Punglia Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 14 August 2026.

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