Vascon Engineers Targets Rs 25 Bn Real Estate Projects by FY27

19 Sep 2025 CW Team

Vascon Engineers has unveiled its growth strategy with plans to achieve a Rs 40 billion EPC order book and launch real estate projects worth Rs 25 billion by FY2027. The company is strengthening its presence across key markets, driven by a balanced portfolio of government EPC contracts, private projects, and real estate developments.

Vascon currently operates in 13 cities with a 75:25 government-private EPC order ratio. Its current order book stands at nearly Rs 30 billion, including major projects such as Rs 6.06 billion medical college in Bihar, the Rs 4.16 billion Capgemini IT Park in Chennai, and the Rs 2.60 billion Vedanta Township.

In Pune, the company is executing significant EPC projects including the Rs 2.62 billion Pune Police Staff Quarters and a Rs 2.77 billion hospital at Moshi. On the real state front, it is undertaking residential projects worth Rs 17–20 billion under joint venture models.

In Mumbai, Vascon is pursuing a redevelopment-led growth strategy with projects in Santacruz and Powai, together expected to generate around Rs 10.50 billion in sales.

The company’s near-term real estate pipeline totals 1.94 million sq ft with an estimated sales value of Rs 23.60 billion. EPC operations are currently running at 85 per cent capacity utilisation, supported by strong execution and steady order inflows.

Siddharth Vasudevan Moorthy, Managing Director, Vascon Engineers, said, “Vascon Engineers’ strength lies in balancing our EPC and real estate businesses across key geographies. With a healthy pipeline in Pune and Mumbai, and an EPC order book of nearly Rs 30 billion targeting an additional Rs 20 billion this year, we are on a clear growth trajectory.”

News source: Construction Week

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..