Vishnu Prakash R Punglia FY26 Loss ₹150 Cr Amidst Infra Cycle Downturn
Vishnu Prakash R Punglia Ltd reported a loss after tax of ₹1,501.16 Million (approx. ₹150 Cr) for FY2025-26, attributing it to a downturn in the infrastructure cycle. Central funding for Jal Jeevan Mission decreased significantly, impacting work certification and payment releases, leading to extended collection and inventory days. Despite the financial setback, the company maintained a strong order book of ₹43,910.9 Million across water supply, railways, and road projects. Operations generated positive net cash, enabling repayment of bank facilities and reduction of total borrowings. Promoters provided interest-free unsecured loans. The approval of Jal Jeevan Mission 2.0 is expected to drive future growth.
Key Highlights
- FY2025-26 saw a net loss of ₹1,501.16 Million due to infra cycle downturn.
- Order book remains strong at ₹43,910.9 Million as of March 31, 2026.
- Company repaid ₹3,400 Million in debt using positive operating cash flow.
- Promoters provided ₹2,996.33 Million in interest-free loans.
- Jal Jeevan Mission 2.0 approval offers future growth prospects.
Price Impact
More from VPRPL