Vascon Engineers Limited (VASCONEQ) - Net Assets

Latest as of March 2026: Rs11.49 Billion INR ≈ $124.24 Million USD

Based on the latest financial reports, Vascon Engineers Limited (VASCONEQ) has net assets worth Rs11.49 Billion INR (≈ $124.24 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs23.61 Billion ≈ $255.36 Million USD) and total liabilities (Rs12.12 Billion ≈ $131.12 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Vascon Engineers Limited (VASCONEQ) strategic investment index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs11.49 Billion
% of Total Assets	48.65%
Annual Growth Rate	8.58%
5-Year Change	39.4%
10-Year Change	73.96%
Growth Volatility	19.85

Vascon Engineers Limited - Net Assets Trend (2007–2026)

This chart illustrates how Vascon Engineers Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Vascon Engineers Limited.

Annual Net Assets for Vascon Engineers Limited (2007–2026)

The table below shows the annual net assets of Vascon Engineers Limited from 2007 to 2026. Also explore Vascon Engineers Limited equity growth rate to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs11.49 Billion ≈ $124.24 Million	+5.12%
2025-03-31	Rs10.93 Billion ≈ $118.18 Million	+9.88%
2024-03-31	Rs9.95 Billion ≈ $107.56 Million	+7.60%
2023-03-31	Rs9.24 Billion ≈ $99.97 Million	+12.16%
2022-03-31	Rs8.24 Billion ≈ $89.13 Million	+16.21%
2021-03-31	Rs7.09 Billion ≈ $76.69 Million	-4.64%
2020-03-31	Rs7.44 Billion ≈ $80.42 Million	+6.30%
2019-03-31	Rs7.00 Billion ≈ $75.66 Million	+3.03%
2018-03-31	Rs6.79 Billion ≈ $73.43 Million	+2.82%
2017-03-31	Rs6.60 Billion ≈ $71.42 Million	+3.38%
2016-03-31	Rs6.39 Billion ≈ $69.09 Million	+20.58%
2015-03-31	Rs5.30 Billion ≈ $57.30 Million	-21.53%
2014-03-31	Rs6.75 Billion ≈ $73.02 Million	-6.95%
2013-03-31	Rs7.26 Billion ≈ $78.47 Million	-2.25%
2012-03-31	Rs7.42 Billion ≈ $80.28 Million	+2.36%
2011-03-31	Rs7.25 Billion ≈ $78.43 Million	+8.49%
2010-03-31	Rs6.68 Billion ≈ $72.29 Million	+18.54%
2009-03-31	Rs5.64 Billion ≈ $60.99 Million	+80.47%
2008-03-31	Rs3.12 Billion ≈ $33.79 Million	+30.01%
2007-03-31	Rs2.40 Billion ≈ $25.99 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Vascon Engineers Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 1080.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs2.67 Billion	23.21%
Common Stock	Rs2.32 Billion	20.17%
Other Components	Rs6.50 Billion	56.62%
Total Equity	Rs11.49 Billion	100.00%

Vascon Engineers Limited Competitors by Market Cap

The table below lists competitors of Vascon Engineers Limited ranked by their market capitalization.

Company	Market Cap
Popular Vehicles and Services Limited NSE:PVSL	$76.05 Million
Kalaris Therapeutics, Inc. NASDAQ:KLRS	$76.14 Million
Prevas AB ST:PREV-B	$76.18 Million
Tamawood Ltd AU:TWD	$76.19 Million
CSP Inc NASDAQ:CSPI	$76.04 Million
Canna Global Acquisition Corp NYSE:CNGL	$76.02 Million
Bubs Australia Ltd AU:BUB	$75.92 Million
Cps Technologies NASDAQ:CPSH	$75.92 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Vascon Engineers Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 10,928,200,000 to 11,488,200,000, a change of 560,000,000 (5.1%).
Net income of 489,000,000 contributed positively to equity growth.
New share issuances of 54,100,000 increased equity.
Other comprehensive income decreased equity by 175,192,999.
Other factors increased equity by 192,092,999.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs489.00 Million	+4.26%
Share Issuances	Rs54.10 Million	+0.47%
Other Comprehensive Income	Rs-175.19 Million	-1.52%
Other Changes	Rs192.09 Million	+1.67%
Total Change	Rs-	5.12%

Book Value vs Market Value Analysis

This analysis compares Vascon Engineers Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.60x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 0.88x to 0.60x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-03-31	Rs34.44	Rs30.35	x
2008-03-31	Rs42.42	Rs30.35	x
2009-03-31	Rs51.85	Rs30.35	x
2010-03-31	Rs82.74	Rs30.35	x
2011-03-31	Rs79.26	Rs30.35	x
2012-03-31	Rs80.70	Rs30.35	x
2013-03-31	Rs78.91	Rs30.35	x
2014-03-31	Rs72.36	Rs30.35	x
2015-03-31	Rs51.29	Rs30.35	x
2016-03-31	Rs44.09	Rs30.35	x
2017-03-31	Rs40.19	Rs30.35	x
2018-03-31	Rs39.01	Rs30.35	x
2019-03-31	Rs39.06	Rs30.35	x
2020-03-31	Rs41.08	Rs30.35	x
2021-03-31	Rs38.93	Rs30.35	x
2022-03-31	Rs40.55	Rs30.35	x
2023-03-31	Rs41.96	Rs30.35	x
2024-03-31	Rs44.77	Rs30.35	x
2025-03-31	Rs48.75	Rs30.35	x
2026-03-31	Rs50.51	Rs30.35	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vascon Engineers Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 4.26%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.15%
• Asset Turnover: 0.40x
• Equity Multiplier: 2.06x
Recent ROE (4.26%) is above the historical average (3.42%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	20.34%	13.53%	0.78x	1.92x	Rs248.57 Million
2008	19.89%	10.78%	0.75x	2.46x	Rs309.02 Million
2009	4.92%	3.70%	0.51x	2.62x	Rs-198.56 Million
2010	7.90%	6.92%	0.59x	1.92x	Rs-139.10 Million
2011	9.18%	6.44%	0.71x	2.02x	Rs-59.03 Million
2012	1.84%	1.88%	0.47x	2.06x	Rs-596.38 Million
2013	-2.34%	-2.36%	0.48x	2.07x	Rs-880.63 Million
2014	-6.66%	-7.04%	0.42x	2.24x	Rs-1.10 Billion
2015	-27.78%	-23.13%	0.46x	2.61x	Rs-1.96 Billion
2016	1.35%	1.44%	0.43x	2.16x	Rs-541.31 Million
2017	0.31%	0.42%	0.36x	2.06x	Rs-628.38 Million
2018	0.85%	1.07%	0.40x	1.98x	Rs-611.28 Million
2019	0.99%	1.31%	0.39x	1.93x	Rs-622.00 Million
2020	5.39%	8.20%	0.36x	1.85x	Rs-338.42 Million
2021	-5.84%	-8.08%	0.38x	1.88x	Rs-1.11 Billion
2022	4.34%	5.40%	0.44x	1.84x	Rs-459.50 Million
2023	10.69%	9.77%	0.61x	1.81x	Rs63.14 Million
2024	6.82%	6.47%	0.56x	1.90x	Rs-312.13 Million
2025	11.92%	12.08%	0.51x	1.95x	Rs209.68 Million
2026	4.26%	5.15%	0.40x	2.06x	Rs-659.82 Million

Industry Comparison

This section compares Vascon Engineers Limited's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $9,007,463,146
Average return on equity (ROE) among peers: 12.57%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Vascon Engineers Limited (VASCONEQ)	Rs11.49 Billion	20.34%	1.06x	$76.05 Million
A2Z Infra Engineering Limited (A2ZINFRA)	$9.30 Billion	-26.58%	2.02x	$28.36 Million
AFCONS INFRASTRUCTURE LTD (AFCONS)	$27.03 Billion	13.18%	3.80x	$1.05 Billion
Akash Infra-Projects Limited (AKASH)	$484.51 Million	7.59%	0.45x	$4.43 Million
Ashoka Buildcon Limited (ASHOKA)	$10.04 Billion	20.94%	1.65x	$344.36 Million
AXISCADES Technologies Limited (AXISCADES)	$6.56 Billion	11.43%	0.72x	$832.81 Million
Capacit'e Infraprojects Limited (CAPACITE)	$9.26 Billion	9.83%	1.55x	$179.07 Million
Consolidated Construction Consortium Limited (CCCL)	$5.09 Billion	13.56%	1.38x	$66.48 Million
Ceigall India (CEIGALL)	$21.46 Billion	14.53%	1.57x	$704.13 Million
Dilip Buildcon Limited (DBL)	$752.78 Million	24.93%	2.28x	$747.51 Million
Dhruv Consultancy Services Limited (DHRUV)	$99.06 Million	36.26%	2.08x	$4.39 Million

About Vascon Engineers Limited

NSE:VASCONEQ India Engineering & Construction

Market Cap

$76.05 Million

Rs7.03 Billion INR

Market Cap Rank

#20366 Global

#1111 in India

Share Price

Rs30.35

Change (1 day)

-0.52%

52-Week Range

Rs27.06 - Rs71.28

All Time High

Rs90.45