Vishnusurya Projects and Infra Ltd (VPIL) is an India-based company engaged in mining of rough stones and manufacturing of aggregates and manufactured sand using crushing and sand washing plants. Part of the Agni Group in Chennai, VPIL is an integrated mining and infrastructure player with operations across three core verticals:
- Mining of Rough Stones: Specializing in materials like blue metal and charnockite.
- Engineering, Procurement, and Construction (EPC): Undertaking projects in the construction and infrastructure space.
- Municipal Solid Waste Management (MSWM): Providing solutions for waste processing and bio-mining.
The company was incorporated as Surya Developers and Promoters Private Limited on May 17, 1996, and after several transformations, became Vishnusurya Projects and Infra Limited in May 2023. VPIL is an ISO 9001:2015 certified company with a focus on construction and infrastructure, particularly in EPC projects.
VPIL's operations are categorized into several key segments:
- Construction Activities: Execution of real estate projects including villas, multi-storied apartments, compound walls, renovation works, and site formation.
- Mining Activities: Operation of crusher plants and M-Sand plants.
- Technical Consultancy Services.
- Drone Services: Buying, selling, and providing integrated drone solutions for surveillance, mapping, and surveying.
The company operates across critical sectors such as transportation, railways, resources, and institutional development. VPIL also manages transformational civil and commercial turnkey projects. It is making strategic moves into waste management, focusing on integrated processing and bio-mining. With expected revenues of Rs. 15-20 crore in FY25 from waste processing and ongoing bio-mining projects in Chennai, the company is actively expanding its portfolio. They are also targeting a Rs. 200 crore project in Delhi, anticipating 15-20% profit margins.
Recent Financial Highlights:
- As per the FY25 investor presentation dated May 28, 2025, the company reported Rs 271 Crore Revenue and Rs 49 Crore EBITDA.
- The company achieved Revenue of 271 Cr and Profit of 29.3 Cr.
Key Financial Ratios (as of April 29, 2025):
- Market Cap: ₹416.64 Cr
- P/E Ratio: 15.10
- P/B Ratio: 3.17
- ROE: 28.90%
- Dividend Yield: 0.59%
Growth Trajectory and Projections:
- Based on projected growth, Vishnusurya Projects and Infra Limited expects a significant revenue upside of 64.50% and a net profit increase of 60.71% in FY25.
- The company's revenue has increased from Rs. 101 crore in H1 FY24 to Rs. 139 crore in H1 FY25, representing a growth of 37.62%.
- Vishnusurya Projects and Infra Limited's revenue and net profit have grown at a CAGR of 50.52% and 130.03%, respectively, over the last four years.
- 52-Week High: ₹414
- 52-Week Low: ₹155.05
- Over the past 6 months, the Vishnusurya Projects and Infra share price has decreased by 37.32%.
- In the last one year, it has decreased by 32.17%.
- Promoter Holding: 62.2%
- Public Holding: 37.8%
- Promoters have pledged or encumbered 35.7% of their holding.
- Debtor days have increased from 42.2 to 59.3 days.
- Key Management: Bhavani Jayaprakash (Chairman), Vakaday Subramanian Ravikumar (Company Secretary).
Vishnusurya Projects and Infra Limited's marquee clients include:
- NHAI
- SPK Group
- Concrete OEM
- KNR Constructions
- L&T
- Tamil Nadu Water Supply and Drainage Board
- The India Cements Ltd
- JWIL Sustainable Water Management
- RDC Concrete
- SPL Infrastructure
- Adani Cement
This diverse client base showcases strong partnerships across the infrastructure, water, and construction sectors.
Recent Development:
- On June 18, 2025, the company received a ₹23.57 crore purchase order for construction at Bokaro Steel Plant, with a 12-month execution timeline.
The company operates in the Construction & Engineering sub-sector within the Industrials sector, positioning itself as a comprehensive infrastructure solutions provider. It focuses on sustainable growth through diversification into emerging segments like waste management, while maintaining its core competencies in mining and construction.
