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Veer Global Infraconstruction Ltd (543241)

📊 BSE: 543241 🏢 Residential, Commercial Projects 📢 Latest filing: 27 Aug 2026 📝 Analysis written: 13 Nov 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Veer Global's revenue was ₹2.2 Cr (+88.2% year on year, +7.2% on the previous quarter), and net profit ₹0.1 Cr (-56.5% year on year); the operating margin was 34.5%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹2.2	+88.2%	+7.2%
Operating profit	₹0.8	—	-45.5%
Net profit	₹0.1	-56.5%	-87.3%
EPS (₹)	0.05	-50.0%	-86.1%
Operating margin	34.5%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Veer Global Infraconstruction Files FY26 Annual Report; Seeks ₹50 Cr Fundraise Approval

🔵 WATCH ⭐ 5/10

ROUTINE 📅 27 Aug 2026, 05:25 PM

Veer Global Infraconstruction Limited has released its 15th Annual Report and convened its AGM on September 19, 2026. The company is seeking shareholder approval for enabling resolutions to raise up to ₹50 crore via a Rights Issue and up to ₹50 crore through Private Placement. Standalone revenue for FY26 stood at ₹6.90 crore with a PAT of ₹1.61 crore, compared to ₹11.63 crore revenue and ₹1.81 crore PAT in FY25. The company also disclosed a contingent liability regarding a ₹22.13 crore GST demand notice, which is currently stayed and sub-judice before the High Court.

Proposed enabling resolution to issue equity shares on a Rights Issue basis for up to ₹50 crore
Proposed enabling resolution to issue securities via Private Placement up to ₹50 crore
Disclosed a contingent GST demand of ₹22,12,72,895 (stayed by the High Court), exceeding 60% of company net worth (₹36 crore)
FY26 standalone revenue reported at ₹6.90 crore (₹690.32 lacs) vs ₹11.63 crore (₹1162.95 lacs) in FY25
15th Annual General Meeting scheduled for Saturday, September 19, 2026

💡 Track voting outcomes of the 15th AGM on September 19, 2026, subsequent board moves regarding any fundraise execution terms, and updates on the ₹22.13 crore GST litigation.

Veer Global Seeks Shareholder Nod for up to ₹50 Cr Rights Issue & ₹50 Cr Private Placement

🟡 NEUTRAL ⭐ 5/10

FUNDRAISE 📅 27 Aug 2026, 05:20 PM

Veer Global Infraconstruction has issued the notice for its 15th AGM to be held on September 19, 2026. Key special business items include enabling resolutions to raise up to ₹50 crore via a Rights Issue and up to ₹50 crore via Private Placement. The company is also seeking approval to increase limits for loans, guarantees, and investments up to ₹100 crore, alongside standard director and auditor reappointment approvals.

AGM scheduled for September 19, 2026, with remote e-voting from September 16 to September 18, 2026 (cut-off: September 12, 2026).
Proposed enabling resolution to raise up to ₹50 crore through issuance of equity shares on a Rights Issue basis.
Proposed enabling resolution to issue securities via Private Placement for an aggregate amount up to ₹50 crore.
Shareholder approval sought for loans, guarantees, securities, and investments up to an aggregate limit of ₹100 crore.

💡 Watch for the outcome of the AGM voting on September 19, 2026, and subsequent board announcements regarding specific pricing, entitlement ratios, and timelines if fundraising is initiated.

Veer Global Seeks Shareholder Approval for Up to ₹50 Cr Fundraise via Rights/Private Placement

🟡 NEUTRAL ⭐ 6/10

FUNDRAISE 📅 27 Aug 2026, 05:17 PM

Veer Global Infraconstruction Ltd has issued the notice for its 15th Annual General Meeting scheduled for September 19, 2026. Key special resolutions include enabling approvals to raise up to ₹50 crore via a Rights Issue and/or up to ₹50 crore through Private Placement of securities. The company is also seeking member approval for an aggregate limit of ₹100 crore for inter-corporate loans, guarantees, and investments, as well as managerial remuneration of up to ₹50 lakh per annum in case of inadequate profits.

Proposed enabling resolution to raise up to ₹50 crore through a Rights Issue of equity shares.
Proposed enabling resolution to issue equity/convertible securities via Private Placement up to ₹50 crore.
Seeking shareholder authorization for loans, investments, and guarantees up to an aggregate limit of ₹100 crore.
AGM scheduled for September 19, 2026, with remote e-voting from September 16 to September 18, 2026 (cut-off: September 12, 2026).

💡 Track voting outcomes post-AGM on September 19, 2026, and watch for subsequent Board approvals regarding specific issue terms, pricing, and timing if fundraising is executed.

Veer Global Q1 Revenue up 88% YoY to ₹2.24 Cr; Net Profit Drops 58% to ₹0.07 Cr

🔴 NEGATIVE ⭐ 6/10

EARNINGS 📅 10 Aug 2026, 12:43 PM

Veer Global Infraconstruction reported a significant revenue growth of 87.6% YoY, reaching ₹2.24 Cr for Q1 FY27. However, net profit declined by 57.6% YoY to ₹0.07 Cr, down from ₹0.17 Cr in the same quarter last year. The bottom line was severely impacted by an exceptional loss of ₹24.39 Lacs and high finance costs of ₹42.90 Lacs, which consumed nearly 19% of the total revenue. The company also saw a slight equity dilution, with paid-up capital increasing to ₹17.04 Cr.

Revenue from operations increased to ₹223.99 Lacs from ₹119.40 Lacs in the year-ago quarter.
Net profit fell to ₹7.39 Lacs, a sharp decline from ₹58.27 Lacs in the preceding March 2026 quarter.
Exceptional items resulted in a loss of ₹24.39 Lacs during the quarter.
Finance costs remained elevated at ₹42.90 Lacs compared to ₹42.14 Lacs in the previous quarter.
Paid-up equity share capital increased to ₹1704.34 Lacs from ₹1624.34 Lacs.

💡 Investors should monitor the nature of the 'Exceptional Items' and whether the company can translate its revenue growth into sustainable bottom-line profits, especially given the high P/E ratio of 122.8.

Rs 10.23 Cr Rights Issue Approved; Q1 Revenue Up 87% YoY but PAT Declines

🔵 WATCH ⭐ 8/10

FUNDRAISE 📅 10 Aug 2026, 12:36 PM

Veer Global Infraconstruction has approved a Rights Issue of Rs 10.23 Cr at Rs 30 per share, representing a significant fundraise compared to its TTM revenue of Rs 7 Cr. The issue is priced at a steep discount to the current market price of Rs 132.7, with a ratio of 1 share for every 5 held. For Q1 FY27, the company reported revenue growth of 87.6% YoY to Rs 2.24 Cr, though net profit fell 57.6% YoY to Rs 7.39 Lacs. Proceeds are earmarked for the 'Ayodhya Nagari-I' project.

Approved Rights Issue of up to 34,08,684 shares at Rs 30 per share, totaling Rs 10.23 Cr
Rights entitlement ratio fixed at 1:5 (one new share for every five existing shares)
Q1 FY27 revenue from operations rose to Rs 2.24 Cr from Rs 1.19 Cr in Q1 FY26
Net profit for Q1 FY27 dropped to Rs 7.39 Lacs from Rs 17.45 Lacs in the previous year's quarter
Issue proceeds to be utilized for the Ayodhya Nagari-I project development

💡 Investors should monitor the announcement of the Record Date for the rights issue and track the execution progress of the Ayodhya Nagari-I project, as the fundraise is large relative to the company's current scale.

Aug 10 Board Meeting to Consider Rights Issue and Q1 FY27 Results

🔵 WATCH ⭐ 7/10

FUNDRAISE 📅 01 Aug 2026, 01:24 PM

Veer Global Infraconstruction has scheduled a board meeting on August 10, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. A primary agenda item is the consideration of a Rights Issue of equity shares, including the determination of issue size, price, and record date. Given the company's small TTM revenue of Rs 7 Cr relative to its Rs 220 Cr market cap, the scale and pricing of this fundraise are critical for existing shareholders. The board will also review the Draft Letter of Offer and the utilization schedule for the proceeds.

Board meeting scheduled for August 10, 2026, to approve Q1 FY27 standalone financial results.
Proposed Rights Issue to be considered, including issue size, price, and entitlement ratio.
Promoter holding recently decreased to 70.05% in June 2026 from 73.43% in March 2026.
Company reported a TTM revenue of Rs 7 Cr and a TTM PAT of Rs 2 Cr.
Board to approve the Draft Letter of Offer and application for In-Principle Approval with BSE.

💡 Investors should watch for the specific terms of the Rights Issue on August 10, particularly the issue price relative to the current market price (Rs 134.0) and the intended use of funds.

8,00,000 Equity Shares Receive Trading Approval Following Loan Conversion at Rs 85/share

🟡 NEUTRAL ⭐ 5/10

FUNDRAISE 📅 24 Jul 2026, 01:17 PM

Veer Global Infraconstruction has received BSE approval for the trading of 8,00,000 new equity shares, effective July 24, 2026. These shares were issued to non-promoters at Rs 85 per share (including a Rs 75 premium) through the conversion of outstanding unsecured loans. The total conversion value is Rs 6.8 crore, which is significant given the company's reported net worth of Rs 36 crore (~18.9%). The new shares are subject to a lock-in period until January 23, 2027.

8,00,000 equity shares approved for trading effective July 24, 2026
Issue price set at Rs 85 per share, representing a conversion of Rs 6.8 crore in debt
Shares issued to non-promoters, resulting in an approximate 4.8% equity dilution
Lock-in period for the newly listed shares is mandated until January 23, 2027

💡 Investors should monitor the next quarterly results to see the reduction in interest expenses following this debt-to-equity conversion and track the promoter holding trend, which has recently declined from 73.43% to 70.05%.

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