Valplast Technologies Ltd
Incorporated in 2014, we are a civil engineering & construction company engaged in providing supply and installation of structural waterproofing system, injection grouting solutions for various type of infrastructure projects including underground structures, tunnels, landfills, dam, channel, shafts, canal, reservoirs, building and various other civil engineering projects. Further, we have recently started construction of Tunnels, Pre-Cast Concrete structures and Mechanical, Electrical & Plumbing (MEP) engineering services in tunnels and underground structures. We undertake a range of construction projects particularly in sectors such as Defense, railway, Civil structures etc. The majority of our service includes civil & structural construction services contracts under sub-contracting by main contractors, who have been allotted the project by a principal employer. Further, we have undertaken a few projects directly as a Contractor for certain private construction companies and government departments.
Timeline
Subscription
Reports
Offer Details
Terms
Application Sizes
Managers & Registrar
Ownership & Proceeds
Shareholding
Objects of the Issue
- Funding the capital exp requirements by purchase of Machinery
- To meet incremental working capital requirements
- General corporate purposes
Financials
Profit & Loss
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| RevenueCr | 21 | 27 | 65 | 63 | 102 |
| Operating ProfitCr | 2 | 3 | 10 | 13 | 19 |
| OPM% | 11.4 | 11.7 | 15.5 | 20.6 | 18.6 |
| PBTCr | 2 | 2 | 9 | 8 | 14 |
| PATCr | 1 | 1 | 7 | 6 | 9 |
| EPS | 1 | 1 | 5 | 4 | 5 |
Balance Sheet
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity CapitalCr | 13 | 13 | 14 | 14 | 20 |
| ReservesCr | 0 | 2 | 10 | 16 | 44 |
| BorrowingsCr | 3 | 4 | 6 | 23 | 20 |
| Total AssetsCr | 26 | 27 | 57 | 76 | 113 |
Cash Flow
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Operating Cash FlowCr | 0 | -2 | 2 | 1 | -5 |
| Investing Cash FlowCr | 0 | -1 | -6 | -11 | -8 |
| Financing Cash FlowCr | 1 | 2 | 4 | 10 | 19 |
| Net Cash FlowCr | 0 | 0 | 0 | 0 | 6 |
Strengths & Risks
- Strong Management Team and Experienced Staff/ Trained Employees.
- Optimal Utilization of Resources.
- Diversified revenue from multiple geographies.
- Continue to enhance our project execution capabilities.
- Enhancing focus on construction of tunnels.
- Retaining Skilled Manpower.
- Continue to develop relationship with clients and contractors and expand our client base.
- Expand our geographical footprint.
- Our Company, promoters and directors are involved in certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
- Our company has experienced losses in the past and has pending recoveries for which we have initiated litigation that is still ongoing. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
- Our contingent liabilities as stated in our Restated Financial Statements could adversely affect our financial conditions.
- Substantial portion of our revenues has been dependent upon our few clients from which we get the majority of project on sub-contract basis. The loss of any one or more of our major clients would have a material adverse effect on our business operations and profitability.
- Our top five states contribute our major revenue for the year ended 31st March 2025, 2024, and 2023. Any loss of business from one or more of these states may adversely affect our revenues and profitability.
- Our major revenue is sourced from our Waterproofing Services, Construction of Tunnels and Mechanical, Electrical & Plumbing (MEP) Works. Our inability or failure to manage and attract more clients for this particular service could adversely affect our business.