Veegaland Developers Limited (VEEGALAND)
Snapshot
Veegaland Developers Limited closed at ₹137.58 on 6 Nov 2026. Data as of 6 Nov 2026.
Price
- Market Cap
- ₹477 Cr
OwnershipSep 2026
- Promoters
- 66.50%
- FIIs
- 2.38%
- DIIs
- 11.25%
Shareholding for the quarter ended September 2026; changes in percentage points.
Exchange activity6 Nov 2026
- Delivery
- 50.11% vs 49.82% average
- Volume vs its average
- 0.4×
- Bulk & block deals
- 12 in 60 days
Events
- Latest results
- Q2 FY27, filed 5 Nov 2026
Exchange data. Each figure as its own page shows it; the dates are the data's. Information only, not investment advice.
📈 Share price & events
Q2 FY27 results
Veegaland Developers Limited reported Q2 FY27 results on 5 Nov 2026: revenue ₹106 Cr, and net profit ₹16.0 Cr; the operating margin was 19.1%.
| Q2 FY27 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹106 | — | +43.1% |
| Operating profit | ₹20.4 | — | +56.4% |
| Net profit | ₹16.0 | — | +64.4% |
| EPS (₹) | 4.46 | — | +54.9% |
| Operating margin | 19.1% | — | — |
Quality of profit: of pre-tax profit of ₹21.5 Cr, ₹19.0 Cr (89%) came from the core business and the rest from other income and one-off items.
Share price since the results: +3.7% (close before the filing to the latest close).
VEEGALAND delivery percentage and bulk deals
NSE end-of-day data for
On Fri, 6 Nov 2026, 50.11% of the VEEGALAND shares traded on NSE were taken to delivery, against the stock's own 20-session average of 49.82%. That is close to its usual level. Volume was 0.4 times its average, well below normal. 12 bulk or block deals were reported in VEEGALAND in the last 60 days: ₹57 Cr bought and ₹20 Cr sold.
Delivery in the last 5 sessions: 48.3% · 64.0% · 50.6% · 22.6% · 50.1%
| Date | Side | Counterparty | Value | Price | Quantity | Type |
|---|---|---|---|---|---|---|
| 16 Oct | Buy | Mayuri Shripal Vora | ₹4.63 Cr | ₹129.60 | 357,000 | Bulk |
| 7 Oct | Buy | Sarojdevi S Kabra | ₹6.06 Cr | ₹147.70 | 410,226 | Bulk |
| 7 Oct | Sell | Sarojdevi S Kabra | ₹6.03 Cr | ₹147.00 | 410,226 | Bulk |
| 24 Sep | Buy | Cumulus Advisory Llp | ₹5.23 Cr | ₹143.20 | 364,994 | Bulk |
| 22 Sep | Buy | Chittilappilly Thomas Kochuouseph | ₹3.73 Cr | ₹138.46 | 269,246 | Bulk |
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Veegaland Developers reported strong Q2 FY27 results with revenue from operations rising 28.7% YoY to ₹106.3 crore compared to ₹82.7 crore in Q2 FY26. Operating performance expanded significantly as EBITDA grew 77.8% YoY to ₹22.8 crore, with EBITDA margins expanding by 550 bps to 20.9%. Net profit (PAT) increased by 92.3% YoY to ₹16.0 crore, aided by a 470 bps expansion in PAT margin to 14.7%. For H1 FY27, revenue reached ₹180.7 crore (up 45.5% YoY) and PAT reached ₹25.7 crore (up 123.1% YoY).
- Q2 FY27 Revenue from operations increased 28.7% YoY to ₹106.3 Cr
- EBITDA grew 77.8% YoY to ₹22.8 Cr with margins expanding 550 bps to 20.9%
- PAT surged 92.3% YoY to ₹16.0 Cr with basic EPS increasing to ₹4.46 from ₹2.88
- H1 FY27 revenue grew 45.5% YoY to ₹180.7 Cr and PAT grew 123.1% YoY to ₹25.7 Cr
Veegaland Developers Limited has officially launched its residential apartment project 'Veegaland Fortune' in Kochi, Kerala, following receipt of registration from K-RERA on October 25, 2026. The project will add 1,78,905 sq. ft. of saleable area across 4,100.00 sq. meters of land. The regulatory approval is valid until June 30, 2031, which is also the proposed project completion date. This project expands the company's residential development pipeline and is slated to contribute to revenue recognition over its lifecycle.
- Adds 1,78,905 sq. ft. of saleable area to the residential portfolio in Kochi
- Developed on an extent of land measuring 4,100.00 sq. meters in Elamkulam, Ernakulam
- K-RERA registration (K-RERA/PRJ/ERN/168/2026) received with validity up to June 30, 2031
- Project completion targeted for June 30, 2031
Veegaland Developers Limited has received a fresh credit rating from ICRA Limited for its total bank facilities of ₹500.00 crore. ICRA assigned a rating of [ICRA]BBB+ with a Stable outlook across all facilities. The rated facilities include ₹164.71 crore in long-term fund-based term loans, ₹93.50 crore in overdraft facilities, and ₹241.79 crore in unallocated limits. For context, the company reported ₹74.32 crore in revenue and ₹9.72 crore in net profit for the quarter ended June 2026.
- ICRA assigned [ICRA]BBB+ (Stable) rating for total bank facilities amounting to ₹500.00 crore
- Term loan facilities rated comprise ₹164.71 crore across lenders including Federal Bank (₹80.00 cr) and Axis Bank (₹50.00 cr)
- Overdraft facilities rated total ₹93.50 crore, primarily with Axis Bank (₹83.00 cr)
- Long-term unallocated limits stand at ₹241.79 crore
Veegaland Developers Limited has submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate from Registrar and Transfer Agent MUFG Intime India confirms that securities received for dematerialisation during the period were processed and listed on stock exchanges within prescribed timelines. This is a standard quarterly regulatory compliance filing.
- Compliance certificate submitted under Regulation 74(5) of SEBI Regulations, 2018
- Pertains to the quarter ended September 30, 2026
- Issued by RTA MUFG Intime India Private Limited on October 03, 2026
Veegaland Developers released its Q1 FY27 investor presentation, reporting a 79.1% YoY surge in revenue from operations to ₹74.32 crore. EBITDA climbed 134.7% YoY to ₹14.31 crore, while Profit After Tax expanded 3.0x to ₹9.72 crore compared to ₹3.21 crore in Q1 FY26. Pre-sales for the quarter rose 64.8% YoY to ₹129.85 crore across 1.47 lakh sq ft, supported by average realization growth of 17.5% YoY to ₹8,886 per sq ft. Total order value stands at ₹910 crore with ₹431 crore in unrecognised revenue providing forward revenue visibility.
- Revenue grew 79.1% YoY to ₹74.32 Cr; PAT rose 202.6% YoY to ₹9.72 Cr
- Pre-sales expanded 64.8% YoY to ₹129.85 Cr across 1,46,786 sq ft
- Average realization rose 17.5% YoY to ₹8,886 per sq ft
- Total order value stood at ₹910 Cr, with unrecognised revenue at ₹431 Cr across 12 ongoing projects
- Debt-to-equity ratio improved to 0.26x from 0.32x in Q4 FY26
Veegaland Developers reported a strong 79% YoY jump in Revenue from Operations to Rs 7,432 lakhs for Q1 ended June 30, 2026, compared to Rs 4,150 lakhs in Q1 FY26. EBITDA surged 135% YoY to Rs 1,431 lakhs, with EBITDA margins expanding to 18.93% from 14.52%. Profit After Tax (PAT) grew 203% YoY to Rs 972 lakhs from Rs 321 lakhs, benefiting from strong project execution and scale. During the quarter, the company launched 'Veegaland Amora' in Kochi, adding 1.59 lakh sq ft to its ongoing project portfolio.
- Revenue from Operations rose 79% YoY to Rs 7,432 lakhs in Q1 FY27 from Rs 4,150 lakhs in Q1 FY26
- EBITDA increased 135% YoY to Rs 1,431 lakhs, lifting EBITDA margins to 18.93% (vs 14.52% YoY)
- Profit After Tax (PAT) expanded 203% YoY to Rs 972 lakhs, with PAT margin at 12.86%
- Launched Veegaland Amora in Kochi, adding 1.59 lakh sq ft of ongoing development
- Company holds 12 ongoing projects, 3 upcoming projects, and 6.5 acres in land reserves
Veegaland Developers Limited submitted an intimation under Regulation 6(1) confirming that Akshay Anand T S continues to serve as Company Secretary and Compliance Officer. He originally joined the company on June 9, 2025, and was appointed to the post effective September 25, 2025. He possesses over 3 years of secretarial compliance experience, having previously worked with Muthoot Vehicle & Assets Finance Limited and ICL Fincorp Limited. The filing is an administrative regulatory compliance submission.
- Akshay Anand T S confirmed as Compliance Officer effective September 25, 2025
- Appointee has been associated with the company since June 9, 2025
- Holds over 3 years of professional experience in secretarial compliance
- Filing submitted under SEBI LODR Regulation 6(1) and circular dated January 30, 2026
Veegaland Developers Limited has submitted an intimation under Regulation 6(1) of SEBI LODR Regulations regarding its Compliance Officer. Mr. Akshay Anand T S (ICSI Membership No. A70026), who joined the company on June 9, 2025, continues to serve as the Company Secretary and Compliance Officer following his appointment effective September 25, 2025. He brings over 3 years of secretarial compliance experience, having previously worked with Muthoot Vehicle & Assets Finance and ICL Fincorp. The filing fulfills statutory disclosure requirements under SEBI circular dated January 30, 2026.
- Compliance Officer appointment effective from September 25, 2025 reaffirmed
- Appointee has been associated with the company since June 9, 2025
- Appointee possesses over 3 years of secretarial compliance experience
- Disclosure submitted pursuant to SEBI circular dated January 30, 2026
Company profile
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
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Strategic Growth
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External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
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