Vishnu Prakash R Punglia Limited — PPTs, 17-11-2025: Investor Presentation

VPRPL reported H1-FY26 revenue of ₹572.1 Cr, down 3.3% year-over-year, with profit after tax (PAT) at ₹10.7 Cr, a significant 72.2% drop. Q2-FY26 saw revenue of ₹295.7 Cr, down 11.7%, and PAT of ₹3.7 Cr, down 84.4%. Water & Sanitation projects contributed over 53% to H1 revenue.

The company maintains a strong order book of over ₹5,001.1 Cr, offering 24-36 months of revenue visibility, diversified across government infrastructure projects. VPRPL is a key beneficiary of the Jal Jeevan Mission.

Recent highlights include reducing banking & NBFC exposure to ₹488 Cr by September 2025 and an increase in promoter interest-free unsecured loans to ₹229 Cr, aimed at lowering interest costs. Receivable collections improved significantly from the Rajasthan Government. VPRPL has tenders worth ₹3,000 Cr under evaluation, focusing on roads, bridges, urban infra, and renewable construction.

Management aims to leverage the strong order book to expand into new geographies and higher-margin segments, with a robust bid pipeline expected to drive future growth.