Vishnu Prakash R Punglia Share Price Rise 0.66% After Rs 285 Crore Promoter Capital Infusion

Mumbai, March 10: Vishnu Prakash R Punglia Limited informed the stock exchanges on Tuesday that promoters have infused approximately ₹285 crore into the company as interest free unsecured loans while the company simultaneously repaid around ₹328 crore of debt as part of a balance sheet strengthening and liquidity stabilisation exercise. Shares of the engineering and infrastructure contractor traded at ₹39.90, up 0.66% as of 12:23 PM IST on March 10, 2026, according to exchange data.

The company stated in its exchange disclosure that the capital support from promoters was aimed at stabilising liquidity and ensuring continuity in project execution during a period of tightening payment cycles across the infrastructure sector.

Promoter group funding of approximately ₹285 crore has been extended as unsecured loans without interest. The disclosure noted that part of the infusion also includes proceeds from promoter stake sale transactions, deployed to reinforce the company’s financial position and operational liquidity.

Simultaneously, the company undertook a significant deleveraging exercise. Around ₹328 crore of debt has been repaid, resulting in nearly a 50% reduction in overall bank borrowings. TReDS exposure declined sharply from ₹345 crore to ₹17 crore, indicating a substantial reduction in bill discounting dependence.

The filing also outlined the current position of banking facilities. Fund based borrowings include ₹198 crore in working capital overdraft and ₹108.06 crore in term loans, while TReDS outstanding stands at ₹17 crore. Total fund based exposure is reported at ₹323.06 crore. Non fund based bank guarantee and letter of credit limits stand at ₹515 crore under a consortium arrangement.

Share Price Movement During The Session

Shares of Vishnu Prakash R Punglia Limited traded modestly higher during Tuesday’s trading session so far following the disclosure of promoter funding support and debt reduction measures.

According to market data, the stock was priced at ₹39.90 as of 12:23 PM IST on March 10, 2026, reflecting a gain of 0.66% compared with the previous close of ₹39.64. During the session so far the stock moved between ₹39.20 and ₹42.40.

The market capitalisation of the company stood at approximately ₹497.33 crore during the session.

Company Background

Vishnu Prakash R Punglia Limited operates as an engineering, procurement and construction contractor with a focus on infrastructure development. The company undertakes projects across water supply systems, irrigation networks, railway infrastructure, and road construction.

According to the latest operational update, the company reported inflows of approximately ₹232 crore during the previous quarter. Management indicated that payment cycles in the sector are gradually normalising.

The company also disclosed a strong order book of approximately ₹4,500 crore, which provides revenue visibility across upcoming execution cycles.

Conclusion

Management stated in the filing that promoter capital infusion, reduction in fund based borrowing, and disciplined financial management have materially strengthened the company’s balance sheet. The company said liquidity conditions are stabilising while it continues to focus on project execution and maintaining financial prudence.

The disclosure also emphasised the company’s commitment to transparency and long term shareholder value creation as operational conditions in the infrastructure sector gradually improve.

Source:

• https://www.nseindia.com/get-quote/equity/VPRPL/Vishnu-Prakash-R-Punglia-Limited
• https://nsearchives.nseindia.com/corporate/VPRPL_10032026095610_VPRPL_BU_S.pdf