Vision Infra Equipment Solutions Limited
Founded in 2015, Vision Infra Equipment Solutions Limited provides equipment services in the fields of airports, smart cities, irrigation, buildings and factories, mining, railroads, etc.
What Vision files
- Others44
- Investor Meet22
- Important12
- Board Meeting8
- New Orders8
- QIP/Rights/Pref.5
Vision Infra Equipment Solutions Ltd (VIESL) has incorporated VISION INFRA EQUIPMENT L.L.C, a 100% wholly-owned subsidiary in Dubai, UAE. This new entity will focus on construction equipment trading and rental, capitalized at AED 1,00,000.
VIESL's full-year PAT nearly doubled to ₹66.01 Cr, with revenue up 36.9% to ₹621.93 Cr and EBITDA up 33.5% to ₹171.40 Cr. Strategic fleet expansion, new ERP, and ₹134 Cr capital raise position for growth. Rental order book is ~₹250 Cr. Targets 25-30% revenue growth for the coming year.
VIESL clarified how proceeds from its preferential issue of convertible warrants will be managed. Details include issue-related expenses and plans to temporarily park unutilized funds in safe, liquid instruments like fixed deposits or money market funds to ensure safety and reasonable returns.
VIESL sold its stake in Equipment Hub for ₹1.61 Cr. Equipment Hub, which contributed 0.5% to revenue and 1.07% to net worth last FY, is no longer a VIESL subsidiary.