Business Overview
Vishal Nirmiti Limited is a civil engineering, manufacturing and construction company primarily engaged in manufacturing and dealing of Pre-Stressed Concrete (PSC) sleepers for railways, precast and prestressed concrete products, and fabrication and erection of Mild Steel Pipes (MS Pipes), MS Liner and Penstock pipes for Pumped Storage Projects. The company provides engineering, procurement, infrastructure and construction services across railway infrastructure, renewable power and industrial sectors. Its business is divided into two segments: Manufacturing and Services, with operations in railway sleeper manufacturing, civil engineering, irrigation and infrastructure development projects.
Objects of the Issue
Funding Working Capital Requirements of the Company
Repayment and/or pre-payment, in part or full, of term loans availed by the Company
Vishal Nirmiti IPO IPO Financial Performance
(Rs. in crores)
| Particulars | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 135.24 | 318.52 | 242.88 | 266.64 |
| PAT | 8.41 | 23.64 | 3.45 | 3.01 |
| Net Worth | 69.53 | 61.12 | 38.12 | 34.56 |
| Borrowings | 85.38 | 88.05 | 91.75 | 82.15 |
| Assets | 326.49 | 296.61 | 242.04 | 224.50 |
| NAV (₹) | 35.12 | 30.87 | 19.25 | 17.45 |
| EPS (₹) | 4.25 | 11.94 | 1.74 | 1.52 |
Key Performance Indicators (KPIs)
EBITDA
14.59%
PAT
7.42%
ROE
47.63%
ROCE
30.32%
Debt to Equity
1.43
Promoter Holding
Promoter
73.42%
Public
26.58%