Vascon Engineers Targets Rs 40 billion EPC Orders and Rs 25 billion Realty

18 Sep 2025 CW Team

Vascon Engineers, a leading EPC and realty player with nearly four decades of experience, has set a target of achieving an EPC order book of Rs 40 billion and real estate projects worth Rs 25 billion by FY27.

The company is active across 13 cities, with an EPC business split of 75:25 between government and private clients. Current projects include a Rs 6.06 billion medical college at Suphal, Bihar, Capgemini IT Park in Chennai worth Rs 4.16 billion, and the Rs 2.60 billion Vedanta Township project.

“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, we are confident of scaling our growth trajectory,” said Siddharth Vasudevan Moorthy, Managing Director, Vascon Engineers Ltd.

In Pune, the company is executing major contracts including Pune Police Staff Quarters (Rs 2.62 billion) and a hospital in Pimpri Chinchwad (Rs 2.77 billion). The real estate pipeline includes 1.3 million sq ft of projects with an expected sales value of Rs 17–20 billion.

In Mumbai, the redevelopment-led strategy covers projects such as Vascon Orchids and Prakash CHS in Santacruz, with the upcoming Powai project expected to generate Rs 4.25 billion in sales. Mumbai launches are projected to contribute 50 per cent of the overall real estate portfolio by FY27.

The consolidated near-term real estate pipeline stands at 1.94 million sq ft with sales potential of Rs 23.60 billion, while the EPC business operates at 85 per cent capacity utilisation.

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