VINDHYATEL
Vindhya Telelinks share price & financials
- Price
- ₹1,806.5
- Market cap
- ₹3.3k Cr
- Sector
- Construction
What Vindhya Telelinks Limited does
Vindhya Telelinks Limited (VTL) operates in two businesses: manufacturing a diversified range of cables (optical fibre, copper, specialty power, railway rolling-stock and E-Beam-processed solar PV cables) at its own plants, and executing Engineering, Procurement & Construction (EPC) projects for government and utility clients across power distribution, rural piped-water supply (including the Jal Jeevan Mission), telecom and irrigation infrastructure. It also owns and monetises a large neutral (IP-1) passive optical-fibre network laid across India. Its Rolling Stock Cables are manufactured under a technology-license (Radox) tie-up with HUBER+SUHNER AG of Switzerland.
Segments
- Cable
- EPC (Engineering, Procurement & Construction)
- Own neutral optical-fibre (IP-1) network length
- Over 50,000 km
- States covered by owned optical-fibre network
- 23 states
- Manufacturing plants
- 2 works, both at Udyog Vihar, Rewa (Madhya Pradesh)
- Electron Beam (E-Beam) Irradiation lines for solar PV cable manufacturing
- 2 operational lines (a 3rd line under installation)
- EPC operating verticals
- Power, Water, Irrigation and Telecom
- Technology collaboration for Railway Rolling Stock Cables
- Radox® technology license from HUBER+SUHNER AG, Switzerland
Quarterly results
Q1 FY27: revenue down 20.8%, net profit up 22.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 953 | 1,037 | 1,231 | 908 | 960 +1% | 717 −31% | 1,009 −18% | 719 −21% |
| EBITDA | 48 | 65 | 88 | 60 | 72 +50% | 18 −72% | 71 −19% | 85 +42% |
| Net profit | 24 | 39 | 110 | 62 | 59 +146% | -1 −103% | 102 −7% | 76 +23% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +89.4% 1Y
1Y: ₹1,485.5 on 10 Sept 2025 → ₹2,813.5. High ₹2,916.4 (9 Sept 2026), low ₹975 (30 Mar 2026).
Financials, as filed
Revenue grew 7.4% a year over 3 years, FY23 to FY26. Operating margin narrowed to 6.1%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹2.9k Cr | ₹4.1k Cr | ₹4.1k Cr | ₹3.6k Cr |
| Operating profit | ₹257 Cr | ₹294 Cr | ₹250 Cr | ₹221 Cr |
| Operating margin | 8.9% | 7.2% | 6.2% | 6.1% |
| Interest | ₹73 Cr | ₹89 Cr | ₹101 Cr | ₹155 Cr |
| Depreciation | ₹18 Cr | ₹24 Cr | ₹24 Cr | ₹21 Cr |
| Net profit | ₹185 Cr | ₹283 Cr | ₹202 Cr | ₹222 Cr |
| Net margin | 6.4% | 6.9% | 5.0% | 6.2% |
| Cash from operations | ₹34 Cr | ₹441 Cr | ₹-590 Cr | ₹-160 Cr |
| Free cash flow | ₹0 Cr | ₹392 Cr | ₹-607 Cr | ₹-208 Cr |
| ROCE | 8.0% | 11.0% | 8.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr |
| Reserves | ₹2.9k Cr | ₹3.2k Cr | ₹3.4k Cr | ₹4.0k Cr | ₹4.2k Cr | ₹4.2k Cr |
| Borrowings | ₹733 Cr | ₹571 Cr | ₹668 Cr | ₹493 Cr | ₹1.4k Cr | ₹1.4k Cr |
| Other liabilities | ₹1.4k Cr | ₹1.2k Cr | ₹2.0k Cr | ₹2.3k Cr | ₹2.5k Cr | ₹2.7k Cr |
| Total liabilities | ₹5.0k Cr | ₹5.0k Cr | ₹6.1k Cr | ₹6.8k Cr | ₹8.1k Cr | ₹8.4k Cr |
| Fixed assets | ₹141 Cr | ₹111 Cr | ₹108 Cr | ₹158 Cr | ₹134 Cr | ₹160 Cr |
| Capital work in progress | ₹0 Cr | ₹1 Cr | ₹24 Cr | ₹1 Cr | ₹9 Cr | ₹5 Cr |
| Investments | ₹2.6k Cr | ₹3.0k Cr | ₹3.1k Cr | ₹3.6k Cr | ₹3.8k Cr | ₹3.8k Cr |
| Other assets | ₹2.2k Cr | ₹1.9k Cr | ₹2.9k Cr | ₹3.0k Cr | ₹4.1k Cr | ₹4.4k Cr |
| Total assets | ₹5.0k Cr | ₹5.0k Cr | ₹6.1k Cr | ₹6.8k Cr | ₹8.1k Cr | ₹8.4k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs trimmed −0.10 pp. The shareholder count shrank 5% to 22,396.
- Promoters
- 43.5%
- FIIs
- 1.4%
- DIIs
- 8.3%
- Public
- 46.8%
Since Jun 2025
- FIIs −0.10 pp
- Public +0.07 pp
- DIIs +0.04 pp
How it drifted, 12 quarters
Over this window the public went from 45.0% to 46.8% — +1.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 43.5%, FIIs 1.6%, DIIs 9.9%, Public 45.0%.Dec '23: Promoters 43.5%, FIIs 1.6%, DIIs 9.7%, Public 45.1%.Mar '24: Promoters 43.5%, FIIs 1.6%, DIIs 9.7%, Public 45.1%.Jun '24: Promoters 43.5%, FIIs 1.6%, DIIs 9.7%, Public 45.2%.Sep '24: Promoters 43.5%, FIIs 1.4%, DIIs 8.3%, Public 46.7%.Dec '24: Promoters 43.5%, FIIs 1.5%, DIIs 8.3%, Public 46.7%.Mar '25: Promoters 43.5%, FIIs 1.4%, DIIs 8.3%, Public 46.8%.Jun '25: Promoters 43.5%, FIIs 1.5%, DIIs 8.3%, Public 46.7%.Sep '25: Promoters 43.5%, FIIs 1.5%, DIIs 8.3%, Public 46.7%.Dec '25: Promoters 43.5%, FIIs 1.5%, DIIs 8.3%, Public 46.7%.Mar '26: Promoters 43.5%, FIIs 1.3%, DIIs 8.3%, Public 46.9%.Jun '26: Promoters 43.5%, FIIs 1.4%, DIIs 8.3%, Public 46.8%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Vindhya Telelinks Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Universal Cables Limited | 29.15% | unchanged |
| The Punjab Produce And Trading Co Pvt Ltd | 10.90% | unchanged |
| Belle Vue Clinic | 9.82% | unchanged |
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund Mutual fund | 8.22% | unchanged |
| Trilochan Vyapaar Private Limited | 2.00% | unchanged |
| Harsh Chemicals Private Limited | 1.20% | unchanged |
| Shruti Mohta | 1.16% | unchanged |
| City Consultants Private Limited | 1.06% | unchanged |
| Punjab Produce Holdings Limited | 1.03% | unchanged |
| M P State Industrial Development Corporation Limited | 0.24% | unchanged |
| Baroda Agents And Trading Company Private Limited | 0.13% | unchanged |
| Gwalior Webbing Company Private Limited | 0.07% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in VINDHYATEL
Filings to Aug 2026
0 new, 0 added, 0 trimmed, 0 sold out — net +0.00 L shares (+0.0%).
- Held by funds
- ₹247 Cr
- 1 schemes
- Biggest holder
- Nippon India Small Cap Fund
- ₹247 Cr · 0.3% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| Nippon India Small Cap Fund Nippon India Mutual Fund | ₹247 Cr | held | Nov '14 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
0 added, 0 trimmed — net 0 shares (+0.0%)
- Funds are sitting on
- +177%
- vs est. average cost
- Held by funds
- ₹247 Cr
- 1 schemes · ≈ 5.3% of the company
Shares held by these funds −5%
Aug '23 9.75 L shares Jul '26
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