VSF Projects Ltd (VSFPROJ) — shareholding pattern, promoter holding, financials and share price

About VSF Projects Ltd (VSFPROJ)

VSF Projects Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as VSFPROJ and on the BSE under scrip code 519331. Its ISIN is INE923K01014.

Incorporated in 1992, VFS Projects Ltd is in the business of Construction and Infrastructure development and execution [1]

VSF Projects Limited, formerly Vijaya Shrimp Farms and Export Ltd, focuses on construction and infrastructure development. Initially, it operated in shrimp farming, but shifted its business focus due to adverse conditions.

The company faced challenges in its aquaculture business, including decreased demand and viral diseases, which heavily impacted operations and necessitated shifts in strategy.

Listed peers in Civil Construction: AJR Infra & Tolling Ltd, AVSL Industries Ltd, H.M. Electro Mech Ltd, Kaushalya Logistics Ltd, Conart Engineers Ltd, Suntech Infra Solutions Ltd.

Valuation & Returns

10 Jul 2026

At ₹36.8 a share on 10 Jul 2026, VSF Projects Ltd (VSFPROJ) was valued at a price-to-earnings ratio of -139.91x against an industry P/E of 25.97x and a price-to-book of 0.61x on a book value of ₹60.07 per share as of Mar 2025. Solomo computes return on equity of -0.44% and return on capital employed of -0.15% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.

P/E
-139.91x
Industry P/E
25.97x
P/B
0.61x
EPS (TTM)
₹-0.26
Book value / share
₹60.07
ROE
-0.44%
ROCE
-0.15%
ROA
-0.25%
Debt / equity
0.61x
Dividend yield
0%
52-week range
₹28.25 – ₹63.8

Ratios are computed from filed results and the last recorded price. Not investment advice.

Financial Performance

Mar 2017

In the year ended Mar 2017, VSF Projects Ltd (VSFPROJ) reported revenue of ₹1.26 crore, net profit of ₹-0.13 crore and earnings per share of ₹-0.09. That compares with revenue of ₹9.14 crore and net profit of ₹0.15 crore in Mar 2016. Figures are consolidated, as filed with the exchanges.

In the quarter ended Mar 2026, net profit ₹-0.18 crore (standalone).

Consolidated annual results for VSF Projects Ltd (VSFPROJ), Mar 2013 to Mar 2017. Revenue and net profit in ₹ crore; EPS in ₹ per share.
MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue (₹ cr)19.4222.34.479.141.26
Net profit (₹ cr)0.840.87-0.120.15-0.13
EPS (₹)0.570.59-0.080.1-0.09
Compound annual growth for VSF Projects Ltd (VSFPROJ). Stock price CAGR is price return and excludes dividends.
Measure10Y5Y3Y1Y
Sales growth----86.21%
Profit growth----186.67%
Stock price CAGR17%41%12%-34%

Ownership Summary

Jun 2026

As of Jun 2026, promoters hold 43.66% of VSF Projects Ltd (VSFPROJ) (up 0.01 pp QoQ) and domestic institutional investors (DII) hold 1.33%. Market capitalisation was ₹61 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.

Largest disclosed public shareholders in Jun 2026: LAXMI MULA 4.87%, ATLURI SHIVA RAMA KRISHNA HANUMAIAH PRASAD 3.82%, POOJA KRISHNA PRASAD ATLURI 2.7%, KAILASHBEN ASHOKKUMAR PATEL 2.54%, RAJASEKHAR MAGANTI 1.85%, RAMANJULA REDDY BIJJAM 1.56%. Only stakes above the 1% disclosure threshold are named in filings.

QuarterPromoterPledgedFIIDIIPublic
Jun 202643.66%--1.33%56.34%
Mar 202643.65%--1.33%56.35%
Dec 202543.54%--1.33%56.46%
Sep 202543.54%--1.33%56.46%
Jun 202543.53%--1.33%56.47%
Mar 202543.57%--1.33%56.43%
Dec 202443.57%--1.33%56.43%
Sep 202443.57%--1.33%56.43%
Every quarter since Mar 2001 Filing data, not investment advice.