Vision Infra Equipment Solutions Ltd
VIESLVision Infra Equipment Solutions Ltd's earnings have outrun its stock. EPS grew +93.8% in a year against a +69.1% price move.
The sharpest disagreement: Promoters moved −1.9 points over 5 quarters while the operating story went the other way — someone close to the numbers is not convinced.
The price is in a confirmed uptrend (54 weeks in) while the P/E sits at the 37th percentile of its own 2-year range. Underneath, the last four quarters read improving — profit +131.6% year on year, and 211% of the last 3 years' profit arrived as cash. What settles it: whether the register turns back in the story’s favour.
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.
Vision Infra Equipment Solutions Ltd trades at ₹372, in a confirmed uptrend and 54 weeks into that stage. That is +25.1% against its own 200-day average. It sits at 85% of a 52-week range of ₹228 to ₹397. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 5 straight weeks.
Today the stock is in a confirmed uptrend — week 54 of stage 2, confirmed. At ₹372 it trades +25.1% versus its 200-day average and sits at 85% of its 52-week range (₹228–₹397).
Against the market, two honest reads. Cumulative: over the last 2.0 years the stock moved +73% while the NIFTY 500 moved −5% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 5 straight weeks — 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.
Story check
Vision Infra Equipment Solutions Ltd's story is not scored yet against the markers our research file set on 31 May 2026. Where it sits in its own cycle: UNKNOWN_THIN_HISTORY. Still open: Order book ₹248 Cr flat YoY vs fleet +29%; management did not provide numeric backlog coverage ratio.
Our read, 31 May 2026. Equipment-rental ramp on government capex with PE compressed 42% from its only observed peak — but one concall, a flat order book, and balance-sheet opacity cloud the forward view.
From the numbers. PE 22.6x vs single observed peak 77.95x (Sep 2024). Database labels CYCLE_BOTTOM with one prior peak in history — thin cycle evidence; percentile 38th. FII dropped from 3.0% to 0.6% over 18 months — institutional…
From the price. Price stage 2, week 54 — above its 200-day line, relative strength rising.
From the research. Equipment-rental ramp on government capex with PE compressed 42% from its only observed peak — but one concall, a flat order book, and balance-sheet opacity cloud the forward view.
🚨 Where they disagree. PE 22.6x vs single observed peak 77.95x (Sep 2024). Database labels CYCLE_BOTTOM with one prior peak in history — thin cycle evidence; percentile 38th. FII dropped from 3.0% to 0.6% over 18 months — institutional selling concurrent with PE compression.
What is proven. Equipment-rental ramp on government capex with PE compressed 42% from its only observed peak — but one concall, a flat order book, and balance-sheet opacity cloud the forward view.
What is not proven yet. Order book ₹248 Cr flat YoY vs fleet +29%; management did not provide numeric backlog coverage ratio.
The test written in advance. Order Book Flat Despite Fleet Expansion — Visibility Gap — Order Book Flat Despite Fleet Expansion — Visibility Gap Q1 FY27 revenue per unit (vs FY26 annualized ₹1.13 Cr/unit) by the next result.
The test written in advance. Balance Sheet Opacity: ₹120 Cr OEM Payables Classification — Balance Sheet Opacity: ₹120 Cr OEM Payables Classification Next audited balance sheet classification of OEM payables; auditor comment if any by the next result.
The test written in advance. Refurbishment Margin Compression Below Guide — Refurbishment Margin Compression Below Guide Q1 FY27 refurbishment segment margin (must hold ≥8%) by the next result.
What the company does. FY26 delivered revenue ₹622 Cr (+37% YoY), EBITDA ₹171 Cr (+33%), PAT ₹66 Cr (+94%) on a fleet expansion from 425 to 550+ units across 24 states. PE at 22.6x vs a single observed peak of 77.95x (Sep 2024) — the PE cycle database labels this CYCLE_BOTTOM but history is thin (Bronze conviction, one prior peak in data). FY27 guidance: 25–30% revenue growth, ₹100–125 Cr capex, PAT margin 12–13% steady-state — but the order book is flat at ₹248 Cr despite 29% fleet expansion, raising a visibility question.
| Dial | Now | Was | Why it matters | Watch line |
|---|---|---|---|---|
| Fleet Expansion + Operating Leverage | HIGH | — | Fleet expanded from 425 to 550+ rental units (+29%) and 150 to 200+ ancillary units (+33%) — revenue leverage on the larger… | Q1 FY27 revenue per unit (vs FY26 annualized ₹1.13 Cr/unit) |
| Government Infrastructure Capex Tailwind | HIGH | — | GOI allocated ₹11.21 lakh Cr for FY27 infrastructure (3.1% of GDP) and ₹1.87 lakh Cr for NHAI highways — directly expands the… | Q1 FY27 revenue per unit (vs FY26 annualized ₹1.13 Cr/unit) |
| Export Refurbishment Channel (Equipment… | MEDIUM | — | Exports ₹62 Cr FY26 via related party Equipment Hub FZE — geographic mix ~30% Mexico/South America, 30% Europe, 40% Asia… | Q1 FY27 revenue per unit (vs FY26 annualized ₹1.13 Cr/unit) |
| New Verticals: Captive Paving + Piling… | MEDIUM_BUILDING | — | Captive asphalt/concrete paving launched H2 FY26 (Jaipur-Somnath 120km validated); piling rigs added; mining entry (Caterpillar… | Q1 FY27 revenue per unit (vs FY26 annualized ₹1.13 Cr/unit) |
Lever 6 · Order-book wins — BUILDING. Fleet expanded from 425 to 550+ rental units (+29%) and 150 to 200+ ancillary units (+33%) — revenue leverage on the larger asset base should drive FY27 operating leverage as fixed depreciation per unit falls under SLM. What proves it keeps working: Fleet Expansion + Operating Leverage. It stops working if Q1 FY27 revenue per unit (vs FY26 annualized ₹1.13 Cr/unit).
Lever 1 · Operating leverage — BUILDING. GOI allocated ₹11.21 lakh Cr for FY27 infrastructure (3.1% of GDP) and ₹1.87 lakh Cr for NHAI highways — directly expands the addressable fleet rental demand for road-construction equipment. What proves it keeps working: Government Infrastructure Capex Tailwind. It stops working if Q1 FY27 revenue per unit (vs FY26 annualized ₹1.13 Cr/unit).
Lever 10 · New geographies — BUILDING. Exports ₹62 Cr FY26 via related party Equipment Hub FZE — geographic mix ~30% Mexico/South America, 30% Europe, 40% Asia; management states no GST or tariff impact. What proves it keeps working: Export Refurbishment Channel (Equipment Hub FZE). It stops working if Q1 FY27 revenue per unit (vs FY26 annualized ₹1.13 Cr/unit).
Lever 9 · Buyback — BUILDING. Captive asphalt/concrete paving launched H2 FY26 (Jaipur-Somnath 120km validated); piling rigs added; mining entry (Caterpillar tippers, iron ore crushing) targeted for FY27 — none with disclosed revenue contribution. What proves it keeps working: New Verticals: Captive Paving + Piling Rigs + Mining. It stops working if Q1 FY27 revenue per unit (vs FY26 annualized ₹1.13 Cr/unit).
Sources: our stock research file (31 May 2026) · quarterly results through Mar 26 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Vision Infra Equipment Solutions Ltd reported ₹325 Cr of revenue in the Mar 26 quarter, +30.5% year on year. That is the 3rd straight quarter of year-on-year growth. Over 3 years it has compounded at 19.0% a year. The last full year, FY26, came in at ₹607 Cr. The last four reported quarters add to ₹1,050 Cr.
Why this happened. The fleet expansion from FY25 to FY26 grew fixed assets from ₹419 Cr to ₹603 Cr (+44%). With SLM depreciation now adopted (H2 FY26 partial benefit, FY27 full benefit), the per-unit depreciation charge smooths, improving reported PAT margin. Management targets 12–13% PAT margin steady-state vs ₹66 Cr / ₹622 Cr = 10.6% in FY26 — implying ~200 bps margin expansion from full SLM effect and fleet utilization.
FY26 revenue came in at ₹607 Cr (+37.0% on the year), capping 3 years at 19.0% compound. The latest quarter (Mar 26) printed ₹325 Cr, +30.5% year on year — the 3rd consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +112.3% growth against the decade's 19.0% — the current year is running faster than its own long-run rate.
FY26-Q2. revenue ₹282 Cr and profit ₹22 Cr as reported.
FY26-Q4. revenue ₹325 Cr and profit ₹44 Cr as reported.
Why-sources: our stock research file (31 May 2026) and the company’s own results for those quarters.
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.
Vision Infra Equipment Solutions Ltd's operating margin is 26.0% in the Mar 26 quarter, +0.0 percentage points against the same quarter a year ago. Across the last four quarters the operating margin has moved +1.0 percentage points. Across 4 fiscal years the operating margin has ranged 16.0% to 26.0%. The current quarter sits inside that band.
Why this happened. VIESL's rental revenue depends on active highway and expressway projects. FY27 central budget maintained infrastructure priority; Maharashtra allocated ₹2.93 lakh Cr through MSRDC, MSIDC, PWD. VIESL is executing on marquee projects: Ganga Expressway, Noida International Airport, Navi Mumbai Airport. This is a demand-side anchor for the rental model.
The latest quarter's operating margin is 26.0%, +0.0 pp against the same quarter a year ago. Across 4 fiscal years the operating margin has ranged 16.0%–26.0%.
Why the margin moved: operating margin went +1.1 pp year on year while gross margin went +4.8 pp — the gain came mostly from the gross line: input costs and pricing.
FY26-Q2. revenue ₹282 Cr and profit ₹22 Cr as reported.
FY26-Q4. revenue ₹325 Cr and profit ₹44 Cr as reported.
Why-sources: our stock research file (31 May 2026) and the company’s own results for those quarters.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Vision Infra Equipment Solutions Ltd earned ₹44.0 Cr of net profit in the Mar 26 quarter, +131.6% year on year. It is the 3rd consecutive quarter of growth. Full-year FY26 profit was ₹66.0 Cr. That is 13.5% of the quarter's revenue. The same quarter a year earlier earned ₹6.0 Cr.
Mar 26 profit was ₹44.0 Cr, +131.6% year on year — the 3rd consecutive quarter of growth. On the full year, FY26 printed ₹66.0 Cr (+94.1%).
Why profit moved: revenue contributed +30.5% and the margin +0.0 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +131.7% vs revenue +112.3%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
FY26-Q2. revenue ₹282 Cr and profit ₹22 Cr as reported.
FY26-Q4. revenue ₹325 Cr and profit ₹44 Cr as reported.
Why-sources: our stock research file (31 May 2026) and the company’s own results for those quarters.
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 211% of Vision Infra Equipment Solutions Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹177 Cr of operating cash against ₹66.0 Cr of profit. After ₹248 Cr of capital spending, ₹−71.0 Cr was left as free cash.
FY26: operating cash of ₹177 Cr against reported profit of ₹66.0 Cr, leaving free cash of ₹−71.0 Cr after ₹248 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 211% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 211%: the cash cycle stretched 194 days between FY23 and FY26 — more of each rupee of profit waits inside the cycle before arriving.
Router verdict: the bigger cash user is investment — capital spending ran 3.7× depreciation over three years, so the next section's job is to check what that build-out is buying.
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).
Vision Infra Equipment Solutions Ltd's cash conversion cycle runs 194 days in FY26, up from 0 days in FY23. Capital spending ran ₹379 Cr over the last 2 years. At FY26 sales of ₹607 Cr each day of that cycle holds about ₹1.7 Cr, so roughly ₹323 Cr sits inside the business at any moment.
FY26: debtors at 104 days, inventory at 133 days — roughly 4.4 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 194 days, looser than FY23's 0.
The full loop: cash goes out to suppliers and production on day 0; stock waits 133 days to sell; customers pay about 104 days after that; and suppliers themselves are paid at 43 days — netting out to the 194-day cycle.
In money terms: at FY26 sales of ₹607 Cr, each day of the cycle holds about ₹1.7 Cr — so the 194-day loop keeps roughly ₹323 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹379 Cr over the last 2 fiscal years against ₹103 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹44.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
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.⚠ unverified
Vision Infra Equipment Solutions Ltd earns a ROCE of 23% in FY26. Return on invested capital clears the cost of that capital by +1.3 percentage points, so growth here adds value rather than only size. The wiring behind it is 10.9% net margin on 0.69× asset turns.
FY26 ROCE is 23%.
Why the return is what it is — the wiring (FY26): 10.9% net margin × 0.69× asset turns × 3.33× balance-sheet leverage ≈ 25.0% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 13.3% − 12.0% = a +1.3 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. Positive but thin — value creation with little room for error.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified
Vision Infra Equipment Solutions Ltd carries total debt of ₹377 Cr against shareholder equity of ₹263 Cr as of Mar 26, a debt-to-equity of 1.43. On the annual view that ratio went from 1.69 in FY25 to 1.43 in FY26. Read the returns elsewhere on this page with that leverage in mind.
Mar 26: total debt of ₹377 Cr against shareholder equity of ₹263 Cr — a debt-to-equity of 1.43. On the annual view, debt-to-equity went from 1.69 (FY25) to 1.43 (FY26). Read the returns on this page with that leverage in mind.
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.
Domestic institutions cut 3.7 points of Vision Infra Equipment Solutions Ltd over 5 quarters, the biggest move on the register. That takes domestic institutions to 2.9% of the company. Foreign institutions moved −2.4 points over the same window, to 0.6%. The register is read on the four disclosed classes only; nothing is inferred between filings.
Why this happened. These three extensions represent potential PAT-accretive adjacencies, but management declined to provide revenue targets, mix percentages, or margin guidance for any. Mining is explicitly exploratory with long procurement lead times and no committed orders. Until Q1/Q2 FY27 actuals show contribution, this is an option rather than a driver in the base case.
The register over the last two years — Domestic institutions: −3.7 points over 5 quarters to 2.9%; Foreign institutions: −2.4 points over 5 quarters to 0.6%; Promoters: −1.9 points over 5 quarters to 68.3%.
🚨 Why the register moved: domestic institutions drove it (−3.7 points), alongside foreign institutions (−2.4 points) — distribution into the market’s bid.
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.
Vision Infra Equipment Solutions Ltd: the Z-score reads 2.00. A Z-score above roughly 3 reads as safe and below roughly 1.8 as the distress zone, so this sits in the grey band between the two. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.
Why it matters: a Z-score of 2.00 sits in the grey band — neither clearly safe nor clearly distressed.
The safety line in one sentence: the Z-score reads 2.00.
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.
Vision Infra Equipment Solutions Ltd trades at 14.0× P/E, mid-range by its own standards (37th percentile). Its long-run median P/E is 14.9×, measured across 1.9 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 14.0× is mid-range by its own standards (37th percentile), against a long-run median of 14.9× measured over 1.9 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +93.8% against a +69.1% price move — earnings outran the price, pushing the multiple DOWN its own range.
Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.
Stage: No read 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).
Vision Infra Equipment Solutions Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
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.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +37.0% | +19.0% | — | — |
| Profit | +94.1% | — | — | — |
| EPS | +93.8% | — | — | — |
| Share price | +69.1% | — | — | — |
4-Factor Sector Score
66.5/100 — rank 3 of 58 in Trading · 56% evidence confidence
Vision Infra Equipment Solutions Ltd scores 66.5 out of 100 against the 58 companies it is compared with in Trading, ranking 3. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
The four contributions add to the total exactly: 18.9 + 19.9 + 10.9 + 16.8 = 66.5. 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.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Nupur Recyclers LtdNRL | 67.5/100Favorable setup87% evidence | LEADER | 22.2/35 Revenue 40.6% · PAT 29.8% · OPM change 3.6 pp 95% evidence | 16.6/25 ROCE 15.1% · OPM 11.6% 95% evidence | 8.8/20 P/E 65.1× · PEG — 50% evidence | 19.9/20 RS sector 91.7% · RS bench 122% · 1Y 108.2%12 of 12 weeks ahead 100% evidence |
| Exact sum: 22.2 + 16.6 + 8.8 + 19.9 = 67.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Magnus Steel & Infra Ltd517320 | 67.2/100Thin evidence · provisional56% evidence | 27.5/35 Revenue 100% · PAT 100% · OPM change 1.6 pp 83% evidence | 18.5/25 ROCE 171% · OPM 21.3% 76% evidence | 9.2/20 P/E 92.5× · PEG — 15% evidence | 12.0/20 RS sector — · RS bench 46.1% · 1Y 1238.7%11 of 12 weeks ahead to 2026-06-28 25% evidence | |
| Exact sum: 27.5 + 18.5 + 9.2 + 12 = 67.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 3Vision Infra Equipment Solutions Ltdthis pageVIESL | 66.5/100Thin evidence · provisional56% evidence | BREAKING OUT | 18.9/35 Revenue — · PAT — · OPM change 0 pp 26% evidence | 19.9/25 ROCE 22.6% · OPM 26% 95% evidence | 10.9/20 P/E 14× · PEG — 15% evidence | 16.8/20 RS sector 14.5% · RS bench 34.1% · 1Y 52.1%9 of 12 weeks ahead 100% evidence |
| Exact sum: 18.9 + 19.9 + 10.9 + 16.8 = 66.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 4Rashi Peripherals LtdRPTECH | 63.3/100Mixed-positive evidence75% evidence | LEADER | 24.3/35 Revenue 40.4% · PAT 50.2% · OPM change -0.3 pp 95% evidence | 14.7/25 ROCE 17% · OPM 3% 76% evidence | 10.6/20 P/E 18.6× · PEG — 15% evidence | 13.7/20 RS sector 55.9% · RS bench 78.7% · 1Y 180.7%12 of 12 weeks ahead 100% evidence |
| Exact sum: 24.3 + 14.7 + 10.6 + 13.7 = 63.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Shankara Buildpro LtdBUILDPRO | 62.8/100Mixed-positive evidence63% evidence | BREAKING OUT | 25.1/35 Revenue 26.3% · PAT 41.9% · OPM change -0.2 pp 100% evidence | 17.4/25 ROCE 39% · OPM 3.2% 100% evidence | 10.3/20 P/E 23.3× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —10 of 12 weeks ahead 0% evidence |
| Exact sum: 25.1 + 17.4 + 10.3 + 10 = 62.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Pramara Promotions LtdPRAMARA | 61.7/100Mixed-positive evidence69% evidence | 22.3/35 Revenue 72.7% · PAT 100% · OPM change 1 pp 59% evidence | 14.3/25 ROCE 15% · OPM 14.6% 95% evidence | 14.4/20 P/E 14.2× · PEG — 50% evidence | 10.7/20 RS sector 7.9% · RS bench -60.1% · 1Y -62.9%10 of 12 weeks ahead 70% evidence | |
| Exact sum: 22.3 + 14.3 + 14.4 + 10.7 = 61.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Tembo Global Industries LtdTEMBO | 61.4/100Mixed-positive evidence80% evidence | TURNING | 21.7/35 Revenue 34% · PAT 55.7% · OPM change 5 pp 95% evidence | 18.5/25 ROCE 22.8% · OPM 16% 95% evidence | 11.3/20 P/E 10.6× · PEG — 15% evidence | 9.9/20 RS sector -15.7% · RS bench 0.5% · 1Y -4.7%1 of 12 weeks ahead 100% evidence |
| Exact sum: 21.7 + 18.5 + 11.3 + 9.9 = 61.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Arisinfra Solutions LtdARIS | 58.5/100Mixed-positive evidence65% evidence | BREAKING OUT | 21.7/35 Revenue 45.3% · PAT 100% · OPM change 2 pp 95% evidence | 15.1/25 ROCE 15.6% · OPM 11% 95% evidence | 10.6/20 P/E 17.4× · PEG — 15% evidence | 11.1/20 RS sector — · RS bench 12.5% · 1Y -12.1%6 of 11 weeks ahead 25% evidence |
| Exact sum: 21.7 + 15.1 + 10.6 + 11.1 = 58.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9Ivalue Infosolutions LtdIVALUE | 58.5/100Mixed-positive evidence65% evidence | ASLEEP | 20.2/35 Revenue 5.4% · PAT 22.1% · OPM change 5.6 pp 95% evidence | 18.6/25 ROCE 25.4% · OPM 10% 95% evidence | 11.2/20 P/E 11.1× · PEG — 15% evidence | 8.5/20 RS sector — · RS bench -11.3% · 1Y -18.7%5 of 11 weeks ahead 25% evidence |
| Exact sum: 20.2 + 18.6 + 11.2 + 8.5 = 58.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Mangalam Global Enterprise LtdMGEL | 58.4/100Mixed-positive evidence80% evidence | 25.1/35 Revenue 41.4% · PAT 100% · OPM change 0.5 pp 95% evidence | 15.9/25 ROCE 17% · OPM 1.9% 95% evidence | 11.1/20 P/E 13× · PEG — 15% evidence | 6.3/20 RS sector -15% · RS bench -0.2% · 1Y -6.2%4 of 5 weeks ahead to 2026-08-09 100% evidence | |
| Exact sum: 25.1 + 15.9 + 11.1 + 6.3 = 58.4 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -15% and the one-year return is -6.2%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 11Euro Pratik Sales LtdEUROPRATIK | 57.7/100Mixed-positive evidence78% evidence | ASLEEP | 14.9/35 Revenue 23.9% · PAT 29% · OPM change -8 pp 100% evidence | 19.4/25 ROCE 36.9% · OPM 26% 100% evidence | 15.2/20 P/E 25.3× · PEG 0.62 65% evidence | 8.2/20 RS sector — · RS bench -20.6% · 1Y -9.2%5 of 11 weeks ahead 25% evidence |
| Exact sum: 14.9 + 19.4 + 15.2 + 8.2 = 57.7 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 12Singer India LtdSINGERIND | 57.3/100Thin evidence · provisional52% evidence | 26.1/35 Revenue 43.5% · PAT 100% · OPM change 6.5 pp 71% evidence | 10.2/25 ROCE 10.9% · OPM 2.5% 76% evidence | 10.1/20 P/E 25.9× · PEG — 15% evidence | 10.9/20 RS sector — · RS bench 9.7% · 1Y — 25% evidence | |
| Exact sum: 26.1 + 10.2 + 10.1 + 10.9 = 57.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 13Aayush Art and Bullion Ltd540718 | 56.7/100Thin evidence · provisional54% evidence | BREAKING OUT | 21.0/35 Revenue 100% · PAT — · OPM change 1.6 pp 35% evidence | 13.1/25 ROCE 18.9% · OPM 6% 76% evidence | 8.8/20 P/E 253× · PEG — 15% evidence | 13.8/20 RS sector -0.7% · RS bench 17.3% · 1Y 35.1%5 of 12 weeks ahead 100% evidence |
| Exact sum: 21 + 13.1 + 8.8 + 13.8 = 56.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 14Sudarshan Pharma Industries Ltd543828 | 56.4/100Mixed-positive evidence82% evidence | FADING | 20.5/35 Revenue 32.9% · PAT 24.3% · OPM change 1.5 pp 95% evidence | 13.7/25 ROCE 15.1% · OPM 9.1% 76% evidence | 8.5/20 P/E 38.2× · PEG — 50% evidence | 13.7/20 RS sector 11.1% · RS bench 29.7% · 1Y 32.2%11 of 12 weeks ahead 100% evidence |
| Exact sum: 20.5 + 13.7 + 8.5 + 13.7 = 56.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 15Lloyds Enterprises LtdLLOYDSENT | 55.0/100Mixed-positive evidence75% evidence | TURNING | 18.0/35 Revenue 33% · PAT -21.4% · OPM change 9 pp 95% evidence | 11.2/25 ROCE 3.7% · OPM 16% 76% evidence | 9.1/20 P/E 107× · PEG — 15% evidence | 16.7/20 RS sector 6.1% · RS bench 24.9% · 1Y 19.1%9 of 12 weeks ahead 100% evidence |
| Exact sum: 18 + 11.2 + 9.1 + 16.7 = 55 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 16Onix Solar Energy LtdONIXSOLAR | 54.8/100Mixed-positive evidence69% evidence | 20.6/35 Revenue 26.2% · PAT 100% · OPM change 23 pp 95% evidence | 11.7/25 ROCE 11.3% · OPM 30% 76% evidence | 10.1/20 P/E 27.5× · PEG — 15% evidence | 12.4/20 RS sector 68.4% · RS bench -25.8% · 1Y 19.8%12 of 12 weeks ahead 70% evidence | |
| Exact sum: 20.6 + 11.7 + 10.1 + 12.4 = 54.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 17Patel Retail LtdPATELRMART | 53.2/100Mixed-positive evidence65% evidence | FADING | 17.9/35 Revenue 42.3% · PAT 59.7% · OPM change -2.2 pp 95% evidence | 14.3/25 ROCE 15.3% · OPM 6.1% 95% evidence | 10.7/20 P/E 16.6× · PEG — 15% evidence | 10.3/20 RS sector — · RS bench 2.1% · 1Y -12.3%4 of 11 weeks ahead 25% evidence |
| Exact sum: 17.9 + 14.3 + 10.7 + 10.3 = 53.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 18Prostarm Info Systems LtdPROSTARM | 51.8/100Mixed-positive evidence65% evidence | TURNING | 16.6/35 Revenue 30.5% · PAT 19.1% · OPM change 1.4 pp 95% evidence | 16.0/25 ROCE 18% · OPM 8.5% 95% evidence | 10.4/20 P/E 22.7× · PEG — 15% evidence | 8.8/20 RS sector — · RS bench -4.7% · 1Y -31.9%0 of 11 weeks ahead 25% evidence |
| Exact sum: 16.6 + 16 + 10.4 + 8.8 = 51.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 19Pervasive Commodities Ltd517172 | 51.0/100Thin evidence · provisional52% evidence | TURNING | 16.6/35 Revenue 25.6% · PAT -8.3% · OPM change -6.1 pp 95% evidence | 14.4/25 ROCE 22.1% · OPM -10.2% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 10.0/20 RS sector — · RS bench — · 1Y —2 of 2 weeks ahead 0% evidence |
| Exact sum: 16.6 + 14.4 + 10 + 10 = 51 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 20Fabtech Technologies LtdFABTECH | 50.9/100Thin evidence · provisional52% evidence | ASLEEP | 17.5/35 Revenue 14.2% · PAT 41% · OPM change 14.8 pp 71% evidence | 12.4/25 ROCE 13.6% · OPM 5.7% 95% evidence | 11.0/20 P/E 13.3× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y -25.2%0 of 11 weeks ahead 0% evidence |
| Exact sum: 17.5 + 12.4 + 11 + 10 = 50.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 21BMW Ventures LtdBMW | 49.8/100Thin evidence · provisional55% evidence | 16.7/35 Revenue 18.5% · PAT 24.2% · OPM change -0.6 pp 95% evidence | 12.0/25 ROCE 12% · OPM 3.4% 76% evidence | 11.1/20 P/E 12.2× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y -18.7%0 of 10 weeks ahead to 2026-08-23 0% evidence | |
| Exact sum: 16.7 + 12 + 11.1 + 10 = 49.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 22Yogi LtdYOGI | 48.8/100Thin evidence · provisional58% evidence | 20.1/35 Revenue 97.5% · PAT 68.1% · OPM change -5.9 pp 62% evidence | 10.1/25 ROCE 12.8% · OPM 2.6% 76% evidence | 9.4/20 P/E 55.5× · PEG — 15% evidence | 9.2/20 RS sector -6.5% · RS bench 2.3% · 1Y -4.3%2 of 12 weeks ahead 70% evidence | |
| Exact sum: 20.1 + 10.1 + 9.4 + 9.2 = 48.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 23Bizotic Commercial Ltd543926 | 48.6/100Thin evidence · provisional58% evidence | BASING | 19.7/35 Revenue — · PAT — · OPM change 0 pp 26% evidence | 18.7/25 ROCE 26.8% · OPM 8% 76% evidence | 9.3/20 P/E 36.6× · PEG — 50% evidence | 0.9/20 RS sector -85.7% · RS bench -11.9% · 1Y -76.9%0 of 12 weeks ahead 100% evidence |
| Exact sum: 19.7 + 18.7 + 9.3 + 0.9 = 48.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 24SG Mart LtdSGMART | 48.3/100Mixed-negative evidence93% evidence | LEADER | 13.7/35 Revenue 10.4% · PAT 14.7% · OPM change 1.4 pp 100% evidence | 8.4/25 ROCE 10.2% · OPM 4.5% 100% evidence | 8.2/20 P/E 74.1× · PEG 1.92 65% evidence | 18.0/20 RS sector 25.9% · RS bench 45.7% · 1Y 91.5%12 of 12 weeks ahead 100% evidence |
| Exact sum: 13.7 + 8.4 + 8.2 + 18 = 48.3 · Decision use: Price leads the evidence: RS versus the benchmark is 45.7%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 25Shiv Aum Steels LtdSHIVAUM | 47.6/100Thin evidence · provisional55% evidence | BREAKING OUT | 16.8/35 Revenue — · PAT — · OPM change 1.3 pp 45% evidence | 11.4/25 ROCE 8% · OPM 4.7% 95% evidence | 7.3/20 P/E 73.2× · PEG — 50% evidence | 12.1/20 RS sector — · RS bench 49.9% · 1Y —8 of 8 weeks ahead 25% evidence |
| Exact sum: 16.8 + 11.4 + 7.3 + 12.1 = 47.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 26State Trading Corporation of India LtdSTCINDIA | 46.7/100Thin evidence · provisional57% evidence | ASLEEP | 22.8/35 Revenue — · PAT 100% · OPM change — 57% evidence | 7.6/25 ROCE 7.6% · OPM — 80% evidence | 10.8/20 P/E 15.6× · PEG — 15% evidence | 5.5/20 RS sector -28.7% · RS bench -6.8% · 1Y -11.5%1 of 12 weeks ahead 70% evidence |
| Exact sum: 22.8 + 7.6 + 10.8 + 5.5 = 46.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 27Dhunseri Ventures LtdDVL | 46.6/100Mixed-negative evidence87% evidence | BREAKING OUT | 12.5/35 Revenue -20% · PAT 31.7% · OPM change -12 pp 95% evidence | 9.4/25 ROCE 6.7% · OPM 39% 95% evidence | 11.9/20 P/E 5.3× · PEG — 50% evidence | 12.8/20 RS sector -6.5% · RS bench 11.7% · 1Y -19.2%7 of 12 weeks ahead 100% evidence |
| Exact sum: 12.5 + 9.4 + 11.9 + 12.8 = 46.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 28MMTC LtdMMTC | 42.3/100Mixed-negative evidence96% evidence | ASLEEP | 15.0/35 Revenue 0% · PAT 100% · OPM change -1270 pp 100% evidence | 7.8/25 ROCE 8.7% · OPM — 84% evidence | 15.6/20 P/E 43.5× · PEG 0.92 100% evidence | 3.9/20 RS sector -21% · RS bench -6.1% · 1Y -13.4%1 of 12 weeks ahead 100% evidence |
| Exact sum: 15 + 7.8 + 15.6 + 3.9 = 42.3 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 29Hexa Tradex LtdHEXATRADEX | 41.7/100Mixed-negative evidence65% evidence | TURNING | 17.0/35 Revenue 0.4% · PAT 70.3% · OPM change 13.6 pp 71% evidence | 6.2/25 ROCE -0.1% · OPM — 80% evidence | 10.0/20 P/E — · PEG — 0% evidence | 8.5/20 RS sector -17.1% · RS bench -1.3% · 1Y -11.9%0 of 12 weeks ahead 100% evidence |
| Exact sum: 17 + 6.2 + 10 + 8.5 = 41.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 30Cropster Agro Ltd523105 | 41.1/100Mixed-negative evidence69% evidence | ASLEEP | 15.3/35 Revenue 28.4% · PAT 6.5% · OPM change 1.7 pp 95% evidence | 11.7/25 ROCE 12.4% · OPM 9.8% 76% evidence | 10.8/20 P/E 15.6× · PEG — 15% evidence | 3.3/20 RS sector -72.7% · RS bench -73.3% · 1Y -86.8%0 of 4 weeks ahead 70% evidence |
| Exact sum: 15.3 + 11.7 + 10.8 + 3.3 = 41.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 31Adani Enterprises LtdADANIENT | 41.0/100Mixed-negative evidence93% evidence | ASLEEP | 14.1/35 Revenue 18.1% · PAT 4.2% · OPM change 0 pp 100% evidence | 8.3/25 ROCE 5.8% · OPM 15% 100% evidence | 7.6/20 P/E 166× · PEG 1.96 65% evidence | 11.0/20 RS sector 1% · RS bench 18.4% · 1Y 19.2%8 of 12 weeks ahead 100% evidence |
| Exact sum: 14.1 + 8.3 + 7.6 + 11 = 41 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 32RRP Semiconductor LtdRRP | 40.9/100Thin evidence · provisional54% evidence | 11.2/35 Revenue -80% · PAT -80% · OPM change 3.3 pp 71% evidence | 5.6/25 ROCE -32.7% · OPM — 61% evidence | 10.0/20 P/E — · PEG — 0% evidence | 14.1/20 RS sector 65.3% · RS bench 0.8% · 1Y 36.6%0 of 1 week ahead to 2026-08-23 70% evidence | |
| Exact sum: 11.2 + 5.6 + 10 + 14.1 = 40.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 33Le Merite Exports LtdLEMERITE | 40.1/100Thin evidence · provisional57% evidence | 18.0/35 Revenue — · PAT — · OPM change -15.5 pp 45% evidence | 6.8/25 ROCE 9.9% · OPM -10.7% 95% evidence | 9.1/20 P/E 94.5× · PEG — 15% evidence | 6.2/20 RS sector -9% · RS bench -68.5% · 1Y -94.7%0 of 2 weeks ahead 70% evidence | |
| Exact sum: 18 + 6.8 + 9.1 + 6.2 = 40.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 34Blue Pearl Agriventures LtdBPAGRI | 39.2/100Mixed-negative evidence69% evidence | 20.0/35 Revenue 19.3% · PAT 59.1% · OPM change 0.3 pp 95% evidence | 6.2/25 ROCE 2.2% · OPM 3.3% 76% evidence | 8.7/20 P/E 514× · PEG — 15% evidence | 4.3/20 RS sector -33.5% · RS bench -82.5% · 1Y -88.6%1 of 12 weeks ahead to 2026-08-23 70% evidence | |
| Exact sum: 20 + 6.2 + 8.7 + 4.3 = 39.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 35Riddhi Siddhi Gluco Biols Ltd524480 | 39.0/100Mixed-negative evidence82% evidence | FADING | 12.4/35 Revenue -38% · PAT 38.4% · OPM change -2.8 pp 95% evidence | 6.5/25 ROCE 2.7% · OPM -3% 76% evidence | 6.3/20 P/E 37.4× · PEG — 50% evidence | 13.8/20 RS sector 7.8% · RS bench 25.9% · 1Y 28.1%7 of 12 weeks ahead 100% evidence |
| Exact sum: 12.4 + 6.5 + 6.3 + 13.8 = 39 · Decision use: Price leads the evidence: RS versus the benchmark is 25.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 36Hardwyn India LtdHARDWYN | 38.7/100Mixed-negative evidence87% evidence | ASLEEP | 13.5/35 Revenue 2.6% · PAT -8.5% · OPM change -0.2 pp 95% evidence | 12.3/25 ROCE 4.8% · OPM 13% 95% evidence | 11.1/20 P/E 51.2× · PEG — 50% evidence | 1.8/20 RS sector -38.8% · RS bench -27.7% · 1Y -3.8%1 of 12 weeks ahead 100% evidence |
| Exact sum: 13.5 + 12.3 + 11.1 + 1.8 = 38.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 37Neueon Corporation LtdNEUEON | 37.6/100Thin evidence · provisional59% evidence | ASLEEP | 9.1/35 Revenue 17.8% · PAT -80% · OPM change -1039 pp 71% evidence | 3.9/25 ROCE -40.4% · OPM — 80% evidence | 10.0/20 P/E — · PEG — 0% evidence | 14.6/20 RS sector 12.7% · RS bench 16.3% · 1Y —0 of 12 weeks ahead 70% evidence |
| Exact sum: 9.1 + 3.9 + 10 + 14.6 = 37.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 38PTC India LtdPTC | 36.6/100Mixed-negative evidence82% evidence | BASING | 11.2/35 Revenue 13.3% · PAT -43.1% · OPM change -3.9 pp 95% evidence | 12.7/25 ROCE 13.4% · OPM 3.1% 76% evidence | 8.9/20 P/E 9× · PEG — 50% evidence | 3.8/20 RS sector -21.7% · RS bench -7.2% · 1Y -11.3%0 of 12 weeks ahead 100% evidence |
| Exact sum: 11.2 + 12.7 + 8.9 + 3.8 = 36.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 39Kothari Industrial Corporation LtdKOTIC | 34.3/100Adverse evidence63% evidence | BASING | 18.7/35 Revenue 75.9% · PAT -80% · OPM change -41.8 pp 71% evidence | 1.7/25 ROCE -28.9% · OPM -43% 95% evidence | 10.0/20 P/E — · PEG — 0% evidence | 3.9/20 RS sector -58.6% · RS bench -33.2% · 1Y -71.2%0 of 11 weeks ahead 70% evidence |
| Exact sum: 18.7 + 1.7 + 10 + 3.9 = 34.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 40BN Agrochem LtdBNAGROCHEM | 32.1/100Adverse evidence77% evidence | BASING | 12.8/35 Revenue 84.5% · PAT -61% · OPM change -9.4 pp 100% evidence | 4.2/25 ROCE 4.4% · OPM 2.3% 100% evidence | 9.0/20 P/E 119× · PEG — 15% evidence | 6.1/20 RS sector -16.7% · RS bench -26.3% · 1Y -40.5%4 of 12 weeks ahead 70% evidence |
| Exact sum: 12.8 + 4.2 + 9 + 6.1 = 32.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 41Shanti Overseas (India) LtdSHANTI | 32.0/100Thin evidence · provisional56% evidence | 11.3/35 Revenue -63.4% · PAT 100% · OPM change -200.5 pp 40% evidence | 4.7/25 ROCE -25.2% · OPM -216.5% 71% evidence | 12.4/20 P/E 3× · PEG — 50% evidence | 3.6/20 RS sector -60.4% · RS bench -49.7% · 1Y -45.6%0 of 12 weeks ahead to 2026-03-29 70% evidence | |
| Exact sum: 11.3 + 4.7 + 12.4 + 3.6 = 32 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 42Uniphos Enterprises LtdUNIENTER | 29.8/100Adverse evidence69% evidence | ASLEEP | 12.3/35 Revenue -77.1% · PAT 100% · OPM change -0.9 pp 71% evidence | 4.5/25 ROCE 0.8% · OPM — 80% evidence | 8.3/20 P/E 30.9× · PEG — 50% evidence | 4.7/20 RS sector -43.6% · RS bench -20.6% · 1Y -42.2%0 of 11 weeks ahead 70% evidence |
| Exact sum: 12.3 + 4.5 + 8.3 + 4.7 = 29.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 43Oswal Agro Mills LtdOSWALAGRO | 24.7/100Adverse evidence67% evidence | BASING | 2.9/35 Revenue -80% · PAT -80% · OPM change -21782.3 pp 95% evidence | 7.7/25 ROCE 2% · OPM — 80% evidence | 10.0/20 P/E — · PEG — 0% evidence | 4.1/20 RS sector -50.3% · RS bench -30.3% · 1Y -55.2%0 of 11 weeks ahead 70% evidence |
| Exact sum: 2.9 + 7.7 + 10 + 4.1 = 24.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 44Susan Electricals India Ltd544793 | 58.9/100Thin evidence · provisional31% evidence | 20.6/35 Revenue — · PAT — · OPM change 7.8 pp 26% evidence | 18.1/25 ROCE 37% · OPM 11.9% 76% evidence | 10.2/20 P/E 23.9× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y — 0% evidence | |
| Exact sum: 20.6 + 18.1 + 10.2 + 10 = 58.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 45Q-Line Biotech LtdQLINE | 57.7/100Thin evidence · provisional31% evidence | TURNING | 17.9/35 Revenue — · PAT — · OPM change 10 pp 13% evidence | 19.8/25 ROCE 22.5% · OPM 31% 95% evidence | 10.0/20 P/E 27.6× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —3 of 3 weeks ahead 0% evidence |
| Exact sum: 17.9 + 19.8 + 10 + 10 = 57.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 46DC Infotech & Communication LtdDCI | 57.5/100Thin evidence · provisional35% evidence | TURNING | 18.4/35 Revenue — · PAT — · OPM change 0.3 pp 24% evidence | 17.7/25 ROCE 22.9% · OPM 4.7% 76% evidence | 10.4/20 P/E 22.7× · PEG — 15% evidence | 11.0/20 RS sector — · RS bench 10.5% · 1Y —1 of 1 week ahead 25% evidence |
| Exact sum: 18.4 + 17.7 + 10.4 + 11 = 57.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 47Mardia Samyoung Capillary Tubes Company LtdMSCTC | 57.0/100Thin evidence · provisional32% evidence | 20.9/35 Revenue 100% · PAT 100% · OPM change — 29% evidence | 15.3/25 ROCE 22.6% · OPM 15.3% 57% evidence | 8.6/20 P/E 687× · PEG — 15% evidence | 12.2/20 RS sector — · RS bench 74.6% · 1Y 59.1%6 of 12 weeks ahead to 2026-03-08 25% evidence | |
| Exact sum: 20.9 + 15.3 + 8.6 + 12.2 = 57 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 48Proventus Agrocom LtdPROV | 56.5/100Thin evidence · provisional48% evidence | BREAKING OUT | 19.5/35 Revenue — · PAT — · OPM change 0.2 pp 26% evidence | 12.7/25 ROCE 11.5% · OPM 1.8% 95% evidence | 12.5/20 P/E 47.8× · PEG — 50% evidence | 11.8/20 RS sector — · RS bench 39.7% · 1Y —12 of 12 weeks ahead 25% evidence |
| Exact sum: 19.5 + 12.7 + 12.5 + 11.8 = 56.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 49SK Minerals & Additives Ltd544584 | 55.5/100Thin evidence · provisional36% evidence | BREAKING OUT | 16.5/35 Revenue — · PAT — · OPM change 1.3 pp 39% evidence | 19.1/25 ROCE 26.2% · OPM 10.7% 76% evidence | 9.9/20 P/E 29.1× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —5 of 6 weeks ahead 0% evidence |
| Exact sum: 16.5 + 19.1 + 9.9 + 10 = 55.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 50Arvaya Healthcare LtdARVAYA | 54.7/100Thin evidence · provisional19% evidence | 18.6/35 Revenue — · PAT — · OPM change 46.1 pp 10% evidence | 12.3/25 ROCE — · OPM 13% 30% evidence | 11.4/20 P/E 3.9× · PEG — 15% evidence | 12.4/20 RS sector — · RS bench 104.2% · 1Y — 25% evidence | |
| Exact sum: 18.6 + 12.3 + 11.4 + 12.4 = 54.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 51Monika Alcobev LtdMONIKA | 53.9/100Thin evidence · provisional22% evidence | 16.4/35 Revenue — · PAT — · OPM change -2 pp 15% evidence | 17.0/25 ROCE 21% · OPM 15% 57% evidence | 10.5/20 P/E 20.4× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y -19.3%0 of 12 weeks ahead to 2026-03-08 0% evidence | |
| Exact sum: 16.4 + 17 + 10.5 + 10 = 53.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 52Shah Foods Ltd519031 | 53.5/100Thin evidence · provisional18% evidence | BREAKING OUT | 17.1/35 Revenue — · PAT — · OPM change -10.7 pp 7% evidence | 15.3/25 ROCE — · OPM 18% 30% evidence | 8.9/20 P/E 246× · PEG — 15% evidence | 12.2/20 RS sector — · RS bench 75.6% · 1Y —6 of 6 weeks ahead 25% evidence |
| Exact sum: 17.1 + 15.3 + 8.9 + 12.2 = 53.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 53Manbro Industries Ltd512595 | 51.0/100Thin evidence · provisional22% evidence | 18.3/35 Revenue — · PAT — · OPM change 32.8 pp 5% evidence | 13.2/25 ROCE — · OPM 6.6% 23% evidence | 10.0/20 P/E — · PEG — 0% evidence | 9.5/20 RS sector -17.3% · RS bench 37.2% · 1Y 75.3%12 of 12 weeks ahead to 2026-05-03 70% evidence | |
| Exact sum: 18.3 + 13.2 + 10 + 9.5 = 51 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 54Satani Bearings Ltd505703 | 45.2/100Thin evidence · provisional38% evidence | TURNING | 20.5/35 Revenue — · PAT 100% · OPM change — 33% evidence | 4.7/25 ROCE 1% · OPM -3.7% 76% evidence | 8.6/20 P/E 5287× · PEG — 15% evidence | 11.4/20 RS sector — · RS bench 24.6% · 1Y 181.4%3 of 11 weeks ahead 25% evidence |
| Exact sum: 20.5 + 4.7 + 8.6 + 11.4 = 45.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 55Keto Motors Ltd537392 | 43.2/100Thin evidence · provisional38% evidence | BREAKING OUT | 16.2/35 Revenue — · PAT 100% · OPM change — 33% evidence | 6.0/25 ROCE -0.3% · OPM 10.7% 76% evidence | 8.5/20 P/E 7722× · PEG — 15% evidence | 12.5/20 RS sector — · RS bench 241.5% · 1Y —6 of 6 weeks ahead 25% evidence |
| Exact sum: 16.2 + 6 + 8.5 + 12.5 = 43.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 56A-1 LtdA1L | 41.0/100Thin evidence · provisional50% evidence | 16.1/35 Revenue 8.3% · PAT -30.6% · OPM change -0.9 pp 53% evidence | 10.7/25 ROCE 10.6% · OPM 2.9% 57% evidence | 8.7/20 P/E 383× · PEG — 15% evidence | 5.5/20 RS sector -24.5% · RS bench -16% · 1Y -10.6%6 of 12 weeks ahead to 2026-03-08 70% evidence | |
| Exact sum: 16.1 + 10.7 + 8.7 + 5.5 = 41 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 57Aerpace Industries Ltd534733 | 40.5/100Thin evidence · provisional32% evidence | 13.0/35 Revenue — · PAT -80% · OPM change — 33% evidence | 5.6/25 ROCE -21.5% · OPM — 61% evidence | 10.0/20 P/E — · PEG — 0% evidence | 11.9/20 RS sector — · RS bench 44% · 1Y — 25% evidence | |
| Exact sum: 13 + 5.6 + 10 + 11.9 = 40.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 58Prabhatam Infra Venture LtdPRABHATAM | 39.2/100Thin evidence · provisional22% evidence | 16.1/35 Revenue — · PAT -80% · OPM change — 8% evidence | 3.1/25 ROCE -97.1% · OPM -23.1% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 10.0/20 RS sector — · RS bench — · 1Y — 0% evidence | |
| Exact sum: 16.1 + 3.1 + 10 + 10 = 39.2 · 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.
Frequently asked questions
What is Vision Infra Equipment Solutions Ltd's share price today?
Vision Infra Equipment Solutions Ltd trades at ₹372, +69.1% over the past year. The company is valued at ₹924 Cr. The stock sits at 85% of its 52-week range of ₹228–₹397, +25.1% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 54 weeks in. — as of 25 September 2026.
What were Vision Infra Equipment Solutions Ltd's latest quarterly results?
Vision Infra Equipment Solutions Ltd reported revenue of ₹325 Cr and net profit of ₹44.0 Cr for the Mar 26 quarter. Revenue rose 30.5% and profit rose 131.6% year on year. Earnings per share were ₹18.02. The operating margin was 26.0%, 0.0 pp higher than a year earlier. — as of 25 September 2026.
What is Vision Infra Equipment Solutions Ltd's revenue?
Vision Infra Equipment Solutions Ltd reported revenue of ₹325 Cr in the Mar 26 quarter, +30.5% year on year. For the full FY26 fiscal year, revenue was ₹607 Cr (+37.0%). Over the last 3 years revenue compounded at 19.0% a year. — as of 25 September 2026.
What is Vision Infra Equipment Solutions Ltd's profit?
Vision Infra Equipment Solutions Ltd earned ₹44.0 Cr of net profit in the Mar 26 quarter, +131.6% year on year — the 3rd straight quarter of growth. Full-year FY26 profit was ₹66.0 Cr. The operating margin ran 26.0% in the latest quarter. — as of 25 September 2026.
What is Vision Infra Equipment Solutions Ltd's market cap?
Vision Infra Equipment Solutions Ltd's market capitalisation is ₹924 Cr at a share price of ₹372. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 25 September 2026.
What is Vision Infra Equipment Solutions Ltd's P/E ratio?
Vision Infra Equipment Solutions Ltd trades at a P/E of 14.0×, at the 37th percentile of its own 2-year range, against a long-run median of 14.9×. This is a comparison with the stock's own history, not a value call — as of 25 September 2026.
Does Vision Infra Equipment Solutions Ltd pay a dividend?
Not in its latest year — Vision Infra Equipment Solutions Ltd's dividend payout was 0% of profit in FY26. It did record a payout in 1 of its last 3 reported fiscal years, so there is a history but no current dividend. — as of 25 September 2026.
Is Vision Infra Equipment Solutions Ltd overvalued?
On its own history, Vision Infra Equipment Solutions Ltd looks mid-range: its P/E of 14.0× sits at the 37th percentile of its 2-year range (long-run median 14.9×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 25 September 2026.
Is Vision Infra Equipment Solutions Ltd growing?
Yes — Vision Infra Equipment Solutions Ltd is growing: latest-quarter revenue +30.5% year on year, profit +131.6%, and the margin +0.0 pp at 26.0%. The earnings engine currently reads: improving — as of 25 September 2026.
How is Vision Infra Equipment Solutions Ltd performing?
Vision Infra Equipment Solutions Ltd is in a confirmed uptrend, 54 weeks in. Its latest quarter's revenue rose 30.5% and profit rose 131.6% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 5 weeks. This describes what the data did, not a rating. — as of 25 September 2026.
Is Vision Infra Equipment Solutions Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 54 of stage 2), trading +25.1% versus its 200-day average and at 85% 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 25 September 2026.
Is Vision Infra Equipment Solutions Ltd beating the market?
On recent form, yes — Vision Infra Equipment Solutions Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 5 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 2.0 years the stock moved +73% against the NIFTY 500's −5% — ahead of the index over the full window. — as of 25 September 2026.
Will Vision Infra Equipment Solutions Ltd's share price go up?
This page publishes no price forecast for Vision Infra Equipment Solutions Ltd. What it measures instead: the share price is ₹372, the price is in a confirmed uptrend 54 weeks in. Its P/E of 14.0× sits at the 37th percentile of its own 2-year range. — as of 25 September 2026.
Who owns Vision Infra Equipment Solutions Ltd?
Promoters hold 68.3% of Vision Infra Equipment Solutions Ltd, foreign institutions 0.6%, domestic institutions 2.9% and the public 28.3% (latest quarter). The biggest move on the register over the last two years: Domestic institutions cut 3.7 points over 5 quarters. — as of 25 September 2026.
Does Vision Infra Equipment Solutions Ltd have too much debt?
It carries real leverage — Vision Infra Equipment Solutions Ltd's debt-to-equity is 1.43, and operating profit covers the interest bill 4×. FY26 borrowings were ₹377 Cr against equity of ₹263 Cr. Read the returns on this page with that leverage in mind — as of 25 September 2026.
What is Vision Infra Equipment Solutions Ltd's capex?
Vision Infra Equipment Solutions Ltd spent ₹379 Cr on capital expenditure over the last 2 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹248 Cr, with ₹44.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 25 September 2026.
What is Vision Infra Equipment Solutions Ltd's cash flow?
Vision Infra Equipment Solutions Ltd generated ₹177 Cr of operating cash flow in FY26 and ₹−71.0 Cr of free cash flow after ₹248 Cr of capital spending. Reported profit that year was ₹66.0 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 25 September 2026.
Is Vision Infra Equipment Solutions Ltd's profit real cash?
Yes — over the last 3 fiscal years, 211% of Vision Infra Equipment Solutions Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹177 Cr against reported profit of ₹66.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 25 September 2026.
How financially safe is Vision Infra Equipment Solutions Ltd?
On the balance sheet, the Z-score reads 2.00 — above roughly 3 is safe, below roughly 1.8 is the distress zone. That is in the grey band — neither clearly safe nor clearly distressed. — as of 25 September 2026.
Where is Vision Infra Equipment Solutions Ltd in its business cycle?
Vision Infra Equipment Solutions Ltd's FY26 operating margin was 26.0%, against a 4-year band of 16.0%–26.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 26.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 25 September 2026.
What could break the Vision Infra Equipment Solutions Ltd story?
The sharpest disagreement: Promoters moved −1.9 points over 5 quarters while the operating story went the other way — someone close to the numbers is not convinced. 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 25 September 2026.
Is Vision Infra Equipment Solutions Ltd a stock worth studying right now?
This is not investment advice. The machine read: Vision Infra Equipment Solutions Ltd's earnings have outrun its stock. EPS grew +93.8% in a year against a +69.1% price move. The sharpest open question: whether the register turns back in the story’s favour. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 25 September 2026.
Not SEBI Registered !! Not Investment advice !!