Vishnusurya Projects and Infra Limited Approves FY 2026 Results, Recommends Dividend, and Moves Ahead with Demerger
Vishnusurya Projects and Infra Limited, formerly Vishnusurya Projects and Infra Private Limited, announced key corporate updates following its Board of Directors meeting on May 29, 2026. The Board approved the audited financial results for the quarter and financial year ended March 31, 2026, and also recommended a final dividend. Furthermore, the company approved a major demerger proposal.The company's statutory auditors, Madhu Balan & Associates, Chartered Accountants, issued an audit report with an unmodified opinion on both the Standalone and Consolidated Financial Results for the fiscal year ending March 31, 2026.
Financial Performance for FY 2026
The Board approved the audited Standalone and Consolidated Financial Results for the period. Financial reports for the quarter and year ended March 31, 2026, show significant changes compared to the previous year.Standalone and Consolidated Balance Sheet Comparison
Financial data highlights the changes in the company's assets and liabilities year over year. The total assets for the year ended March 31, 2026, stood at 34,950.19 lakhs (standalone) and 36,689.6 lakhs (consolidated).| Particulars | Ind AS As at March 31, 2026 | Ind AS As at March 31, 2025 |
|---|---|---|
| Total Assets (Standalone) | 34,950.19 Lakhs | 30,619.36 Lakhs |
| Total Assets (Consolidated) | 36,689.6 Lakhs | 32,623.18 Lakhs |
| Total Equity (Standalone) | 23,396.94 Lakhs | 17,737.76 Lakhs |
| Total Equity (Consolidated) | 23,411.7 Lakhs | 17,703.38 Lakhs |
Segment Revenue Analysis
The financial results for the quarter and year ended March 31, 2026, show the following segment-wise revenues:| Segment | Year ended 31.03.2026 (Lakhs) | Year ended 31.03.2025 (Lakhs) |
|---|---|---|
| Construction & Allied Activities | 18,531.93 | 14,751.88 |
| Mining & Quarrying | 2,333.03 | 6,400.79 |
| Waste Management | 1,305.68 | 3,645.41 |
| Total Net Sales/Income From Operations | 22,620.64 | 24,798.08 |
Dividend Recommendation and Demerger Proposal
Dividend RecommendationThe Board of Directors recommended a Final Dividend of Rs. 1/- (Rupees One only) per equity share. This recommendation is based on the company's equity share of INR Rs. 10 per share and is subject to the approval of the Shareholders at the Annual General Meeting.
Demerger Plan
The Board also approved the proposal for the demerger of one of the company's undertakings. To facilitate this, the Board approved the incorporation of a wholly owned subsidiary company, pending necessary regulatory approvals. The detailed scheme for the demerger will be finalized and submitted to the exchange in due course.
Fund Utilization and Capital Structure
The Board of Directors noted the statement of utilization of proceeds received from the Preferential Allotment for the quarter ended March 31, 2026.The utilization statement, audited by Madhu Balan & Associates, confirmed the use of funds generated from:
- Preferential Issue of Equity Shares: Rs. 2291.97 lakhs.
- Preferential Issue of Convertible Warrants: Rs. 318.74 lakhs.
The proceeds were utilized as follows:
- Acquisition of Land in Tuticorin: Rs. 785 lakhs.
- General Corporate Purpose: Rs. 260.92 lakhs.
- Repayment of Outstanding Borrowings of the Company: Rs. 152.43 lakhs.
- Issue Related expenses incurred: Rs. 521.85 lakhs.
The report also indicated that a balance of Rs. 890.52 lakhs remained unutilized as of March 31, 2026.
Financial Overview Table
The following table summarizes key financial ratios for comparison:| Ratio | Particulars | Year Ended 31.03.2025 | Year Ended 31.03.2026 |
|---|---|---|---|
| Debt Equity Ratio | (Non-Current + Current Borrowings) / Total Equity | 46.12 | 28.07 |
| Current Ratio (Times) | Current Assets / Current Liabilities | 1.33 | 1.76 |
| Total Debts to Total Assets (Times) | Total Debt / Total Assets | 0.46 | 0.36 |
VISHNUINFR Stock Price Movement
On Friday, Vishnusurya Projects and Infra Limited shares slipped by 0.58% to settle at ₹172. Trading on the day concluded with a recorded volume of 2,500 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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