Vascon Engineers Ltd Share Price – NSE  / BSE

Construction, Small Cap

Vascon Engineers has received Letter of Intent amounting to Rs.347.43 crore (including GST)] from Central Public Works Department, Guwahati for ?Demolition and Re-development of RBI Quarters at Zoo-Narengi Road Colony, Guwahati, Assam?. The work has been awarded on EPC basis. The work has to be completed within 36 months from the date of receipt of order.

The project involves the demolition and redevelopment of Reserve Bank of India (RBI) residential quarters at the Zoo-Narengi Road Colony in Guwahati, Assam. Awarded on an Engineering, Procurement and Construction (EPC) basis, the contract is scheduled to be executed over a period of 36 months from the date of receipt of the work order.

The contract, valued at Rs 347.43 crore, is expected to strengthen the company's order book and enhance revenue visibility over the medium term.

Vascon Engineers said the order has been awarded by a domestic entity and clarified that neither its promoters nor promoter group entities have any interest in the awarding authority. The company also stated that the contract does not qualify as a related-party transaction.

Vascon Engineers is a Pune-based player engaged in engineering, procurement, and construction (EPC), real estate construction, and development.

The company reported an 83.54% decline in consolidated net profit to Rs 5.72 crore in Q4 FY26 compared with Rs 34.77 crore in Q4 FY25. Net sales tumbled 34.61% YoY to Rs 253.08 crore in Q4 FY26.

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According to the company?s exchange filing, the order involves the construction of four G+12 FLL-type buildings for Sector-3 at RG Expansion, Jamnagar. The contract has been awarded on a Bill of Quantities (BOQ) basis, with a completion timeline of 19 months from the date of receipt of the order.

The company clarified that neither its promoters nor promoter group entities have any interest in the awarding entity, and the transaction does not fall under related-party transactions.

Vascon Engineers is a Pune-based player engaged in engineering, procurement, and construction (EPC), real estate construction, and development. The company reported an 83.54% decline in consolidated net profit to Rs 5.72 crore in Q4 FY26 compared with Rs 34.77 crore in Q4 FY25. Net sales tumbled 34.61% YoY to Rs 253.08 crore in Q4 FY26.

Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. The company?s consolidated profit after tax including the share of profit/(loss) of associates and JVs, fell 8.9% YoY to Rs 20,589 crore in Q4 FY26. Profit before tax stood at Rs 27,195 crore, down 6.6% YoY. Gross revenue rose 12.9% YoY to Rs 325,290 crore. The counter shed 0.10% to Rs 1,333.90 on the BSE.

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Vascon Engineers has received Letter of Intent amounting to Rs.131.58 crorefrom Reliance Industries for ?construction of 04 Nos G+12 FLL Type Buildings for Sector-3 at RG Expansion Jamnagar?. The work has been awarded on Bill of quantities (BOQ) Basis.

The work has to be completed within 19 months from the date of receipt of order.