Vishnu Prakash R Punglia FY26 Revenue Declines, Posts Loss Amidst Cycle Downturn

Vishnu Prakash R Punglia Ltd has released its Annual Report for FY 2025-26, detailing a challenging year due to a cyclical downturn in the infrastructure sector. Central funding for Jal Jeevan Mission significantly reduced, impacting work certification and payment releases, leading to extended collection and inventory days. Consequently, revenue from operations fell to ₹8,511.95 Million, and the company recorded a loss after tax of ₹1,501.16 Million. Despite these headwinds, the company maintained its order book at ₹43,910.9 Million across water supply, railways, and road projects. Operations generated positive net cash of ₹1,417.74 Million, enabling the repayment of approximately ₹3,400 Million in debt and reducing total borrowings. Promoters provided ₹2,996.33 Million in interest-free unsecured loans. The company is now focused on converting its order book into billed revenue and collections as the Jal Jeevan Mission 2.0 is approved.