Veegaland Developers Limited
NSE: VEEGALANDResidential, Commercial Projects
Share price
₹133.90
-2.19% close of 9 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
55
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹653 Cr
P/E ratio
24.2
P/B ratio
—
ROCE
14.1%
ROE
16.3%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
It grew 35.7% a year against a sector median of 12.0% — 23.7 percentage points faster.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
Priced at 1.1 times its growth rate, on earnings growth of 22%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Veegaland Developers Limited — this one | 22%/yr | 24.7× | ₹1.1 |
| The Phoenix Mills Limited | 12%/yr | 49.2× | ₹4.1 |
| Prestige Estates Projects | 18%/yr | 53.4× | ₹3.0 |
| Oberoi Realty | 9%/yr | 22.9× | ₹2.5 |
| Godrej Properties | 49%/yr | 28.6× | ₹0.58 |
| Anant Raj Limited | 54%/yr | 36.2× | ₹0.67 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Residential, Commercial Projects), it ranks 21 of 86 on returns, 11 of 80 on growth, 42 of 86 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 14.1% on capital, ahead of 76% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the 4 years of cash statements on file the business itself consumed ₹67 crore of cash before any plant spend, funded from shareholders — borrowings did not rise.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
6 of 8 checks clear · 75%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 6 Oct 2026 · Standalone · Unaudited
Revenue
₹74 Cr
Net profit
₹10 Cr
Net margin
13.1%
EPS
₹2.88
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹653 Cr
- Prev close
- ₹133.90
- 52w High
- ₹154
- 52w Low
- ₹133
- Enterprise value
- —
- Beta
- —
- Price CAGR 1y
- —
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 5.6%
- PEG ratio
- 0.9
- P/E ratio
- 24.2
- P/B ratio
- —
- EV / EBITDA
- —
- Industry P/E
- 23.0
- ROCE
- 14.1%
- ROCE 5y average
- 13.3%
- ROE
- 16.3%
- Debt / Equity
- 0.3
- Interest coverage
- 7.0
- Dividend yield
- 0.0%
- ROE 3y average
- 21.0%
- ROE last year
- 16.0%
Annual P&L
- Annual revenue
- ₹251 Cr
- Annual profit
- ₹27 Cr
- Operating margin
- 16.0%
- Net profit margin
- 10.8%
- EBITDA margin
- 15.5%
- Sales growth 3y
- 32.1%
- Sales growth 5y
- —
- Profit growth 3y
- 22.0%
- Profit growth 5y
- —
- EPS
- ₹7.9
- Sales growth TTM
- 30.0%
- Profit growth TTM
- 30.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹74 Cr
- Profit latest quarter
- ₹10 Cr
- YoY quarterly sales growth
- 79.1%
- YoY quarterly profit growth
- 202.9%
- OPM latest quarter
- 17.5%
Balance Sheet
- Book Value
- —
- Face Value
- ₹10.0
- Total debt
- ₹86 Cr
- Total cash
- —
- Borrowings
- ₹86 Cr
- Reserves / Equity
- 6.9
Cash Flow
- Operating cash flow
- -₹74 Cr
- Free cash flow
- -₹95 Cr
- FCF yield
- -15.5%
- Net cash flow
- -₹16 Cr
Shareholding
- Promoter holding
- 63.7%
- FII holding
- 0.6%
- DII holding
- 14.8%
- Public holding
- 20.9%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| DLF | 636.95 | 36.6 | 1,57,665 | 1.26 | 793.9 | 4.1 | 1,280.3 | -52.9 | 6.3 |
| Lodha Developers | 1,065.60 | 25.8 | 1,06,498 | 0.40 | 1,373.1 | 103.4 | 4,996.7 | 43.1 | 16.4 |
| Phoenix Mills | 1,771.20 | 48.9 | 63,352 | 0.14 | 394.5 | 23.3 | 1,074.9 | 12.8 | 12.4 |
| Prestige Estates | 1,411.00 | 53.4 | 60,776 | 0.14 | 271.4 | -19.4 | 2,675.1 | 15.9 | 10.4 |
| Oberoi Realty | 1,663.30 | 22.8 | 60,478 | 0.48 | 543.5 | 29.0 | 1,300.9 | 31.7 | 17.3 |
| Godrej Propert. | 1,534.00 | 28.6 | 46,208 | 0.65 | 349.4 | -41.7 | 506.2 | 16.5 | 7.6 |
| Anant Raj | 582.50 | 36.2 | 20,963 | 0.17 | 149.2 | 18.9 | 631.4 | 6.6 | 12.1 |
| Veegaland Developers | 136.90 | 20.1 | 667 | 0.00 | 9.7 | 202.8 | 74.3 | 79.1 | 14.1 |
| Median | 136.48 | 23.5 | 945 | 0.00 | 8.6 | 26.8 | 96.4 | 13.6 | 7.6 |
Competes with: Anant Raj Limited, DLF Limited, Godrej Properties, Lodha Developers Limited, Oberoi Realty, Prestige Estates Projects, Puravankara Limited, Shriram Properties Limited, The Phoenix Mills Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Sales | 42 | 70 | 74 |
| Expenses | 36 | 58 | 61 |
| Material Cost | 48 | ||
| Change in Inventories | 5.64 | ||
| Purchases of Stock-in-Trade | 0 | ||
| Employee Cost | 2.22 | ||
| Other Expenses | 5.76 | ||
| Operating Profit | 5.60 | 13 | 13 |
| OPM % | 13 | 18 | 18 |
| Other Income | 0.50 | 1.56 | 1.30 |
| Exceptional items (within Other Income) | 0 | ||
| Interest | 1.67 | 1.51 | 1.10 |
| Depreciation | 0.14 | 0.22 | 0.22 |
| Profit before tax | 4.29 | 13 | 13 |
| Tax % | 25 | 27 | 25 |
| Net Profit | 3.21 | 9.19 | 9.72 |
| EPS in Rs | 6.42 | 2.72 | 2.88 |
| Diluted EPS in Rs | 2.88 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 109 | 111 | 192 | 251 |
| Expenses | 86 | 98 | 162 | 212 |
| Operating Profit | 23 | 13 | 30 | 39 |
| OPM % | 21 | 12 | 16 | 16 |
| Other Income | 1 | 4 | 4 | 3 |
| Interest | 4 | 5 | 5 | 6 |
| Depreciation | 0 | 0 | 0 | 1 |
| Profit before tax | 19 | 11 | 28 | 36 |
| Tax % | 25 | 30 | 28 | 26 |
| Net Profit | 15 | 8 | 20 | 27 |
| EPS in Rs | 29 | 16 | 41 | 7.88 |
| Dividend Payout % | 0 | 0 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- 32%
- TTM
- 30%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- 22%
- TTM
- 30%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- 21%
- Last year
- 16%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 34 |
| Reserves | 32 | 40 | 60 | 233 |
| Borrowings | 122 | 120 | 177 | 86 |
| Other Liabilities | 37 | 56 | 84 | 131 |
| Total Liabilities | 196 | 221 | 327 | 484 |
| Fixed Assets | 2 | 2 | 3 | 23 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 194 | 219 | 324 | 461 |
| Total Assets | 196 | 221 | 327 | 484 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from Operating Activity | 42 | 9 | -44 | -74 |
| Cash from Investing Activity | 1 | 2 | -0 | -20 |
| Cash from Financing Activity | -19 | -7 | 52 | 78 |
| Net Cash Flow | 24 | 4 | 7 | -16 |
| Free Cash Flow | 42 | 8 | -45 | -95 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor Days | 21 | 35 | 52 | 66 |
| Cash Conversion Cycle | 21 | 35 | 52 | 66 |
| Working Capital Days | 103 | 339 | 242 | 284 |
| ROCE % | 10 | 16 | 14 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
In the last 1 year the price has not moved enough to draw bricks (one brick is about ₹6.51). Try a longer range.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
a new listing's EV withheld until its first post-issue balance sheet; value = fresh issue (0 = unknown), period = the issue cut-off
210inr_cr
2026-09-16
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
a new listing's P/B and Book Value withheld until its first post-issue balance sheet; value = fresh issue (0 = unknown), period = the issue cut-off
210inr_cr
2026-09-16
News
News and filings about Veegaland Developers Limited. Open one to see why it matters.
23 Sept, 18:30 IST · Company event · medium impact
A promoter bought Rs 3.73 crore of Veegaland Developers Limited
22 Sept, 18:30 IST · Company event · medium impact
A promoter bought Rs 2.73 crore of Veegaland Developers Limited
21 Sept, 18:30 IST · Company event · medium impact
A promoter bought Rs 11.72 crore of Veegaland Developers Limited
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Realty
- Industry
- Residential, Commercial Projects
- Classification
- Realty › Residential, Commercial Projects
- ISIN
- INE1JTV01015
News impact
Big market events that reach Veegaland Developers Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 7 Oct 2026 | SAROJDEVI S KABRA | SELL | 4,10,226 | ₹147.00 |
| 7 Oct 2026 | SAROJDEVI S KABRA | BUY | 4,10,226 | ₹147.70 |
| 24 Sep 2026 | CUMULUS ADVISORY LLP | BUY | 3,64,994 | ₹143.20 |
| 22 Sep 2026 | CHITTILAPPILLY THOMAS KOCHUOUSEPH | BUY | 2,69,246 | ₹138.46 |
| 21 Sep 2026 | NEO APEX SHARE BROKING SERVICES LLP | SELL | 3,00,004 | ₹138.99 |
| 21 Sep 2026 | NEO APEX SHARE BROKING SERVICES LLP | BUY | 4 | ₹142.90 |
| 18 Sep 2026 | ASTORNE CAPITAL VCC ARVEN | BUY | 13,85,000 | ₹154.00 |
| 18 Sep 2026 | CHITTILAPPILLY THOMAS KOCHUOUSEPH | BUY | 8,00,000 | ₹146.37 |
| 18 Sep 2026 | LRSD SECURITIES PRIVATE LIMITED | SELL | 3,85,176 | ₹148.63 |
| 18 Sep 2026 | NEO APEX SHARE BROKING SERVICES LLP | BUY | 3,00,000 | ₹146.30 |
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 23 Sep 2026 | Kochouseph Thomas Chittilappilly · Promoter and Director | BUY | 2,69,246 | 3.73 |
| 22 Sep 2026 | Kochouseph Thomas Chittilappilly · Promoter and Director | BUY | 1,92,054 | 2.73 |
| 22 Sep 2026 | Kochouseph Thomas Chittilappilly · Promoter and Director | BUY | 1,07,946 | 1.50 |
| 21 Sep 2026 | Kochouseph Thomas Chittilappilly · Promoter and Director | BUY | 8,00,000 | 11.72 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Results presentation30 Jun 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.