VISION INFRA EQUIPMENT SOL LTD (VIESL): Financials & Fundamentals History

Share Price

₹314.95

P/E

22.8x

ROCE

20.0%

Market Cap

₹782 cr

Revenue (TTM)

₹443 cr

P/S

1.8x

P/B

4.7x

ROE

20.8%

Debt / Equity

1.7x

Promoter Holding

70.3%

12M Momentum

40.5%

P/E vs its own history54th percentilesince Sep '24

52-week range

₹202.35₹417.50

52% of the way from its 52-week low to its high

Price risk

1Y volatility

53.0%

Balance sheet & cash

Interest cover

operating profit ÷ interest

2.8x

Share count, 1Y

unchanged

Was the rally earned?

+41%share price, 1 yearMultiple-driven

Partly.

Most of the rise came from investors paying a higher multiple (P/E 16.2x to 22.8x); per-share earnings added 0 points.
The share count barely moved.

Net profit growth+1 ptsNet profit was little changed.

P/E change+41 ptsThe P/E rose from 16.2x to 22.8x, which lifts the price.

Share count change-1 ptsShare count was little changed. More shares would count against the price.

What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Not shown for 3 years and 5 years: earnings were negative at one end, or there is not enough history.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare with other companies

Is it expensive against its own past and its peers?

22.8xP/E todayWithin its usual range

Against its own history54th percentileMedian 22.7x; usual range 13.9x to 52.0x since 2024-09.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts median

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P/B (this company)10th to 90th percentile of its own historyIts median

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P/S (this company)10th to 90th percentile of its own historyIts median

How to read this

Shaded band: 10th to 90th percentile of the company's own P/E history; dashed line: its median.

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Miscellaneous is valued

What is the price implying?

~17%annual earnings growth implied by the price

At a P/E of 22.8x, the price would imply about 16.8%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Earnings figures have not updated recently, so the company is left out of the lists.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

The market-wide Expectations lists

What changed?

Sep '26Volume reached 7.3x its 50-day median on 2026-09-03; price +4.7% that day.
May '26Regained the 2025-12 peak, 4 months after the low.
May '26Volume reached 10.6x its 50-day median on 2026-05-12; price -14.0% that day.
Apr '26Debt / equity halved over 12 months to 1.69x.
Feb '26Volume reached 6.0x its 50-day median on 2026-02-18; price +7.8% that day.
Jan '26Fell 29% from the Dec 2025 peak to the Jan 2026 low.
Nov '25Volume reached 10.2x its 50-day median on 2025-11-11; price +9.7% that day.
Sep '25Regained the 2024-12 peak, 6 months after the low.

Show 9 earlier events

Sep '25Debt / equity halved over 12 months to 1.69x.
Sep '25Share count is up 47.1% over 12 months.
Sep '25Volume reached 12.4x its 50-day median on 2025-09-17; price +3.3% that day.
Jun '25FII + DII holding fell 5.4 pts over 1 quarter to 4.2%.
May '25Volume reached 11.1x its 50-day median on 2025-05-19; price +14.8% that day.
Mar '25Fell 48% from the Dec 2024 peak to the Mar 2025 low.
Dec '24Regained the 2024-09 peak, 2 months after the low.
Dec '24Volume reached 8.5x its 50-day median on 2024-12-18; price +8.0% that day.
Oct '24Fell 25% from the Sep 2024 peak to the Oct 2024 low.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Are profits backed by cash?

2 of 3 checks are within range, 1 near a threshold.
Tap a check to see how it is measured.

Other income reliance25%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 25.0%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate—Not enough data

Not enough reported data to compute this.

Cash conversion—Not enough data

Not enough reported data to compute this.

Free cash flow—Not enough data

Not enough reported data to compute this.

Receivable days vs history-192 daysWithin range

Debtor days are below the median of the previous three fiscal years by 192 days (121 vs 313). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress—Not enough data

Not enough reported data to compute this.

Payable days-411 days / 2 yrsWithin range

Days payable changed by -411 over two years. Bands: rise of up to 30 days; more than 30 days.

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

Over 2 years, DIIs trimmed 3.7 pts; FIIs trimmed 2.4 pts.
The number of shareholders fell from 2,238 to 1,644 (-27%) between Sep 2024 and Mar 2026.

Holdings, Mar '26

How each group changed

GroupSep '24Mar '26Change

Promoters70.2%70.3%+0.1 pts

FIIs3.0%0.6%-2.4 pts

DIIs6.5%2.8%-3.7 pts

Public and others20.3%26.3%+6.0 pts

Number of shareholders

1,644shareholders-27% since Sep '24

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

How rough has the ride been?

Maximum drawdown-47.5%recovered 2025-09

1-year volatility53.0%annualised

Volume spikes1last 90 sessions, 5x the 50-day median

Monthly share price

Last 90 trading days

Drawdown from peak

Largest drawdowns

-47.5% (2024-12 peak to 2025-03 low, recovered 2025-09)

-29.1% (2025-12 peak to 2026-01 low, recovered 2026-05)

-25.0% (2024-09 peak to 2024-10 low, recovered 2024-12)

Most recent volume spikes

2026-09-03: 7.3x the 50-day median, price +4.7% that day

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

Company	Sector	Similarity	Closest on
SEJAL GLASS (SEJALLTD)	Process Industries	78%	revenue, promoter holding
ADVANCE AGROLIFE (ADVANCE)	Process Industries	75%	market cap, promoter holding
OSEL DEVICES (OSELDEVICE)	Electronic Technology	55%	revenue, market cap
ABS MARINE SERVICES (ABSMARINE)	Transportation	54%	ROCE, market cap
SOUTH WEST PINNACLE EXPL (SOUTHWEST)	Energy Minerals	46%	ROCE, revenue

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What happened next to similar setups

+1.1%typical 12-month return vs the marketNot meaningfully different from the base rate

We found 50 past situations where a non-financial company looked like VISION INFRA EQUIPMENT SOL LTD today on valuation, return on capital, debt, growth, price momentum, size and volatility.
Over the following 12 months the middle half of them returned −30% to +43% vs the market, against −4% for all non-financial companies in the same months.
The gap against the base rate (+4.6%, 80% range −6.0% to +19.3%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 7 beyond the range shown, drawn at the edge

Similar setups' median

+1.1%

All companies' median

−3.5%

Beat the market

50% vs 46%

50 past situations · 50 companies · 35 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
SGIL Non-Energy Minerals	Oct 2025	49x	—	+41%	−11%	+15%
PITTIENG Producer Manufacturing	Sep 2023	33x	18%	+112%	−9%	+50%
NDTV Consumer Services	Nov 2020	16x	24%	+55%	−16%	+28%
VISHNU Process Industries	Apr 2021	18x	14%	+170%	−6%	+293%
ARIHANTSUP Finance	Jul 2025	32x	11%	+31%	−23%	−41%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
STEELXIND Non-Energy Minerals	Jan 2021	18x	—	+81%	−9%	+256%
BEWLTD Producer Manufacturing	Feb 2024	57x	25%	+178%	−12%	−59%
ONEPOINT Commercial Services	Jun 2023	46x	17%	+106%	−9%	+91%

How reliable is this?

Matched on P/E, P/S, ROCE, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: P/E, drawdown from 12-month high and interest cover. Not used (unavailable for this company): operating margin. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to VISION INFRA EQUIPMENT SOL LTD. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-10-30. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
Pools: non-financial: 97,430 company-months from 2000 companies; financial: 5,632 company-months from 106 companies. 2240 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Monthly history (26 months)

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-10	22.8x	₹443 cr	20.8%	20.0%	1.7x
2026-09	26.4x	₹443 cr	20.6%	20.0%	1.7x
2026-08	26.5x	₹443 cr	20.6%	20.0%	1.7x
2026-07	22.9x	₹443 cr	20.6%	20.0%	1.7x
2026-06	22.6x	₹443 cr	20.6%	20.0%	1.7x
2026-05	22.0x	₹443 cr	20.6%	20.0%	1.7x
2026-04	20.9x	₹443 cr	20.6%	20.0%	1.7x
2026-03	17.0x	₹443 cr	20.6%	20.0%	1.7x
2026-02	17.5x	₹443 cr	20.6%	20.0%	1.7x
2026-01	15.9x	₹443 cr	20.6%	20.0%	1.7x
2025-12	18.1x	₹443 cr	20.6%	20.0%	1.7x
2025-11	21.1x	₹443 cr	20.6%	20.0%	1.7x
2025-10	16.2x	₹443 cr	20.6%	20.0%	1.7x
2025-09	15.4x	₹443 cr	20.6%	20.0%	1.7x
2025-08	12.3x	₹443 cr	20.6%	20.0%	1.7x
2025-07	12.2x	₹443 cr	20.6%	20.0%	1.7x
2025-06	11.9x	₹443 cr	20.6%	20.0%	1.7x
2025-05	50.6x	₹69 cr	26.1%	—	11.3x
2025-04	41.9x	₹69 cr	26.1%	—	11.3x
2025-03	37.8x	₹69 cr	26.1%	—	11.3x
2025-02	38.3x	₹69 cr	26.1%	—	11.3x
2025-01	49.1x	₹69 cr	26.1%	—	11.3x
2024-12	63.1x	₹69 cr	26.1%	—	11.3x
2024-11	53.9x	₹69 cr	26.1%	—	11.3x
2024-10	51.5x	₹69 cr	26.1%	—	11.3x
2024-09	52.5x	₹69 cr	26.1%	—	11.3x

Methodology and data notes