Vascon Engineers Limited (VASCONEQ) - Net Assets

Latest as of September 2025: Rs11.27 Billion INR ≈ $121.86 Million USD

Based on the latest financial reports, Vascon Engineers Limited (VASCONEQ) has net assets worth Rs11.27 Billion INR (≈ $121.86 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs21.97 Billion ≈ $237.58 Million USD) and total liabilities (Rs10.70 Billion ≈ $115.72 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 liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs11.27 Billion
% of Total Assets	51.29%
Annual Growth Rate	8.78%
5-Year Change	54.1%
10-Year Change	71.07%
Growth Volatility	20.36

Vascon Engineers Limited - Net Assets Trend (2007–2025)

This chart illustrates how Vascon Engineers Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Vascon Engineers Limited for the complete picture of this company's asset base.

Annual Net Assets for Vascon Engineers Limited (2007–2025)

The table below shows the annual net assets of Vascon Engineers Limited from 2007 to 2025. For live valuation and market cap data, see Vascon Engineers Limited stock valuation.

Year	Net Assets	Change
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 928.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs2.32 Billion	21.27%
Common Stock	Rs2.26 Billion	20.71%
Other Comprehensive Income	Rs175.19 Million	1.60%
Other Components	Rs6.17 Billion	56.42%
Total Equity	Rs10.93 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
Clearwise AG DU:ABO	$100.98 Million
Kokuyo Camlin Limited NSE:KOKUYOCMLN	$100.99 Million
FCW Holdings Bhd KLSE:2755	$101.05 Million
Hispanotels Inversiones SOCIMI SA MC:YHSP	$101.07 Million
Kestrel Group, Ltd. NYSE:KG	$100.95 Million
Shanghai Huili Building Materials Co Ltd SHG:900939	$100.91 Million
Mobiletron Electronics Co Ltd TW:1533	$100.91 Million
SynAct Pharma AB ST:SYNACT	$100.89 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 2024 to 2025, total equity changed from 9,810,418,000 to 10,928,200,000, a change of 1,117,782,000 (11.4%).
Net income of 1,302,500,000 contributed positively to equity growth.
Share repurchases of 49,700,000 reduced equity.
New share issuances of 49,700,000 increased equity.
Other comprehensive income decreased equity by 66,536,001.
Other factors decreased equity by 118,181,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs1.30 Billion	+11.92%
Share Repurchases	Rs49.70 Million	-0.45%
Share Issuances	Rs49.70 Million	+0.45%
Other Comprehensive Income	Rs-66.54 Million	-0.61%
Other Changes	Rs-118.18 Million	-1.08%
Total Change	Rs-	11.39%

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: 0.85x
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 1.20x to 0.85x 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	Rs41.26	x
2008-03-31	Rs42.42	Rs41.26	x
2009-03-31	Rs51.85	Rs41.26	x
2010-03-31	Rs82.74	Rs41.26	x
2011-03-31	Rs79.26	Rs41.26	x
2012-03-31	Rs80.70	Rs41.26	x
2013-03-31	Rs78.91	Rs41.26	x
2014-03-31	Rs72.36	Rs41.26	x
2015-03-31	Rs51.29	Rs41.26	x
2016-03-31	Rs44.09	Rs41.26	x
2017-03-31	Rs40.19	Rs41.26	x
2018-03-31	Rs39.01	Rs41.26	x
2019-03-31	Rs39.06	Rs41.26	x
2020-03-31	Rs41.08	Rs41.26	x
2021-03-31	Rs38.93	Rs41.26	x
2022-03-31	Rs40.55	Rs41.26	x
2023-03-31	Rs41.96	Rs41.26	x
2024-03-31	Rs44.77	Rs41.26	x
2025-03-31	Rs48.75	Rs41.26	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): 11.92%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.08%
• Asset Turnover: 0.51x
• Equity Multiplier: 1.95x
Recent ROE (11.92%) is above the historical average (3.37%), 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

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: $5,406,533,252
Average return on equity (ROE) among peers: 11.08%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Vascon Engineers Limited (VASCONEQ)	Rs11.27 Billion	20.34%	0.95x	$100.97 Million
A2Z Infra Engineering Limited (A2ZINFRA)	$2.39 Billion	-46.34%	11.33x	$32.19 Million
AFCONS INFRASTRUCTURE LTD (AFCONS)	$35.98 Billion	12.50%	3.51x	$1.35 Billion
Akash Infra-Projects Limited (AKASH)	$823.15 Million	2.82%	0.82x	$4.86 Million
Ashoka Buildcon Limited (ASHOKA)	$1.53 Billion	2.79%	1.89x	$407.57 Million
AXISCADES Technologies Limited (AXISCADES)	$1.27 Billion	15.54%	0.48x	$923.53 Million
Capacit'e Infraprojects Limited (CAPACITE)	$1.73 Billion	28.13%	4.06x	$230.95 Million
Consolidated Construction Consortium Limited (CCCL)	$4.51 Billion	19.32%	1.22x	$79.43 Million
Ceigall India (CEIGALL)	$4.31 Billion	29.19%	1.22x	$637.91 Million
Dilip Buildcon Limited (DBL)	$1.13 Billion	34.61%	3.83x	$816.55 Million
Dhruv Consultancy Services Limited (DHRUV)	$395.72 Million	12.22%	1.09x	$7.28 Million

About Vascon Engineers Limited

NSE:VASCONEQ India Engineering & Construction

Market Cap

$100.97 Million

Rs9.34 Billion INR

Market Cap Rank

#19150 Global

#1025 in India

Share Price

Rs41.26

Change (1 day)

-1.74%

52-Week Range

Rs27.06 - Rs71.28

All Time High

Rs90.45