What we do V R Infraspace Ltd is an integrated real estate and infrastructure company focusing on residential, commercial, hospitality, retail, and social infrastructure projects. |
Founded in 2,015 |
Market share Growing player in mid to high-income residential and commercial real estate segments in Gujarat and Madhya Pradesh. |
Problem solved Providing luxury yet affordable housing and quality infrastructure addressing urban development needs. |
Top clients or who we serve Primarily serves residential buyers, commercial clients, government bodies, and infrastructure contractors (B2C and B2B). |
Key management - |
Our journey and innovations Founded in 2015; launched first residential project in 2017; acquired multiple subsidiaries; entered government infrastructure projects and expanded geographically. |
Where we operate India, primarily Gujarat and Madhya Pradesh, with branch office in Tamil Nadu for southern projects. |
Top products or what we offer Residential flats, commercial spaces, infrastructure works including government contracts, and luxury affordable housing. |
Top brands VR Celebrity Luxuria (residential), VR One (commercial), VR Imperia (residential), VR Capital (commercial upcoming). |
Raw materials needed Construction materials such as cement, steel, and aggregates. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly cyclical depending on project completions and new contracts. |
Our industry position Emerging regional player with growing government contracts and diversified real estate portfolio. |
Financial highlights Consolidated revenue Rs 31.66 crore FY 2024-25, 66.5% growth; PAT Rs 2.01 crore; rising profitability via operational efficiency. |
Geographical revenue split Significant revenues from Gujarat, Madhya Pradesh, and growing presence in Tamil Nadu. |
Order book Secured large government subcontracts worth over Rs 114 crore for sewerage and infrastructure projects. |
Whats driving growth Government infrastructure projects, real estate demand, strategic acquisitions, and geographic expansion drive growth. |
Our future plans Increase government contracts, launch VR Capital commercial project, expand in southern India, strengthen operational capabilities. |
Our green promise - |
Our people and values Committed to ethical governance, employee welfare, and fostering an inclusive workplace culture. |
Key challenges ahead Project execution risks, competitive real estate market, regulatory compliance, and economic fluctuations. |
Interesting facts Converted from private to public limited company in 2023; IPO raised Rs 20.4 crore in 2024; multiple subsidiaries acquired recently. |
Risks and strategy Mitigates risks via diversified portfolio, robust internal controls, strong governance, and focus on cost management. |