Vascon Engineers bags order worth ₹198 crore
Vascon Engineers (VASCONEQ) said it has received an order valued at ₹198 crore. The company is valued at about ₹711 crore.
What happened
Vascon Engineers (VASCONEQ) told the exchanges on 16 October 2026 at 08:19 AM that it has received an order valued at ₹198 crore.
From the filing: "Vascon Engineers Limited receives Letter of Acceptance From State Bank of India amounting to Rs. 198 Crore for construction of SBILD, Residential Flats and other commercial outfits at Hinjewadi, ...."
How big is it?
At ₹198 crore, the order is equal to about 27.8% of the company's market value of ₹711 crore and 22.5% of its revenue over the last four reported quarters (₹880 crore).
That is a meaningful addition relative to the company's annual revenue.
Company snapshot
Vascon Engineers is a micro-cap company, with a market value of about ₹711 crore.
The stock last traded at ₹30.7, against a 52-week range of ₹26.75–₹70.2 (56.3% below the high).
Before this filing the shares had moved +2.1% over the month and −10.1% over three months. Average daily turnover over the last 20 sessions was about ₹3.04 crore.
Promoters held 30.38% at the end of Q1 FY27. Foreign institutions owned 0.33% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 221 | 22.5 | 0.99 |
| Q2 FY26 | 226 | 11.4 | 0.5 |
| Q3 FY26 | 249 | 9.3 | 0.41 |
| Q4 FY26 | 253 | 5.7 | 0.25 |
| Q1 FY27 | 152 | 2 | 0.09 |
What history shows
BCEIE's records show 3 previous order win filings from the company since May 2026.
After those filings, the stock gained 2.8% on average the next trading day and was up 5.5% on average after five days (2 filings with price data).
Market-wide, 2,011 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 54% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 23 Jul 2026 | Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015… | +1.3% | −0.5% |
| 10 Jun 2026 | Bagging/Receiving of orders/contracts for Demolition and… | +4.2% | +11.5% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.