Vikas Lifecare Ltd
Incorporated in 1995, Vikas Lifecare Ltd is under four business segments which is trading(Base polymers, additives and chemicals meant for plastic processing, commodity compounds( Manufacturing up-cycled polymer compounds like EVA, PVC, PP,PE etc.), Environment protection( Recycling and up-cycling of plastic waste to fulfill EPR) and FMCG & Healthcare which can be further divided into different major segments which include Smart product Business( Smart gas and water meters), Polymer & Chemical Business (Recycling materials, trading and manufacturing of Polymer Compounds), FMCG segment (Agro Product), Infra
Products( Steel fittings & Steel Bars), Food grade piping system for Jal Jeevan Mission. [1]
- Market Cap ₹ 427 Cr.
- Current Price ₹ 2.30
- High / Low ₹ 6.03 / 2.22
- Stock P/E
- Book Value ₹ 2.96
- Dividend Yield 0.00 %
- ROCE 3.81 %
- ROE 2.83 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.78 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 14.2%
- Company has a low return on equity of 2.12% over last 3 years.
- Earnings include an other income of Rs.10.3 Cr.
- Debtor days have increased from 100 to 121 days.
- Working capital days have increased from 92.5 days to 163 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 81 | 93 | 101 | 195 | 216 | 156 | 75 | 295 | 463 | 417 | 457 | |
| 80 | 92 | 100 | 191 | 211 | 146 | 67 | 297 | 451 | 414 | 457 | |
| Operating Profit | 1 | 1 | 1 | 4 | 5 | 10 | 8 | -2 | 11 | 3 | 0 |
| OPM % | 2% | 1% | 1% | 2% | 2% | 7% | 10% | -1% | 2% | 1% | 0% |
| 1 | 2 | 2 | 6 | 5 | -2 | -3 | 44 | -28 | 26 | 10 | |
| Interest | 2 | 2 | 2 | 7 | 6 | 5 | 5 | 2 | 2 | 2 | 4 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 6 |
| Profit before tax | 0 | 1 | 1 | 2 | 3 | 3 | -2 | 38 | -22 | 23 | 1 |
| Tax % | 14% | 16% | 20% | 32% | 30% | 44% | 133% | 26% | -29% | 17% | |
| 0 | 1 | 1 | 1 | 2 | 1 | -4 | 28 | -15 | 19 | -1 | |
| EPS in Rs | 0.81 | 1.35 | 0.14 | 0.02 | 0.02 | 0.01 | -0.03 | 0.26 | -0.11 | 0.12 | 0.00 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 77% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 110% |
| 3 Years: | 68% |
| TTM: | 94% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | -18% |
| 1 Year: | -52% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 2% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28 | 28 | 30 | 66 | 66 | 66 | 66 | 110 | 144 | 165 | 186 |
| Reserves | 19 | 20 | 23 | 96 | 24 | -13 | 0 | 89 | 187 | 316 | 364 |
| 10 | 9 | 17 | 20 | 39 | 41 | 42 | 7 | 16 | 23 | 35 | |
| 5 | 12 | 8 | 81 | 115 | 161 | 41 | 96 | 82 | 33 | 123 | |
| Total Liabilities | 61 | 68 | 79 | 264 | 245 | 255 | 149 | 301 | 428 | 537 | 708 |
| 0 | 0 | 5 | 8 | 8 | 10 | 12 | 21 | 33 | 44 | 46 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Investments | 46 | 45 | 43 | 121 | 48 | 10 | 3 | 86 | 98 | 186 | 131 |
| 14 | 23 | 31 | 135 | 189 | 235 | 133 | 194 | 297 | 307 | 530 | |
| Total Assets | 61 | 68 | 79 | 264 | 245 | 255 | 149 | 301 | 428 | 537 | 708 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | -23 | -12 | 4 | -8 | -7 | -110 | -51 | |
| 0 | 0 | 0 | -2 | 0 | -1 | 12 | -47 | -43 | -82 | |
| 0 | 0 | 0 | 25 | 13 | -4 | -4 | 59 | 157 | 138 | |
| Net Cash Flow | 0 | 0 | 0 | -0 | 1 | -1 | -0 | 5 | 4 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 42 | 58 | 92 | 211 | 228 | 272 | 347 | 52 | 128 | 121 |
| Inventory Days | 9 | 7 | 11 | 29 | 51 | 78 | 156 | 35 | 9 | 8 |
| Days Payable | 23 | 11 | 30 | 125 | 162 | 386 | 216 | 82 | 47 | 11 |
| Cash Conversion Cycle | 29 | 54 | 73 | 114 | 117 | -36 | 287 | 5 | 90 | 118 |
| Working Capital Days | 34 | 35 | 77 | 97 | 95 | 28 | 394 | 29 | 86 | 163 |
| ROCE % | 3% | 2% | 7% | 4% | 10% | 8% | 19% | -7% | 4% |
Documents
Announcements
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Reporting Of Initial Disclosure To Be Made By Entities Identified As Large Corporates
30 Apr - Vikas Lifecare confirms it is not a Large Corporate as per SEBI circular criteria.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
25 Apr - Annual Secretarial Compliance Report filed; minor SEBI penalties and delayed filings paid by Vikas Lifecare.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
18 Apr - ED visit for third-party probe; no adverse findings.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2025.
-
Closure of Trading Window
29 Mar - Trading window closure from April 1, 2025.
Business Segments:[1]
a)Co. deals in various business segments including Polymer & Rubber Commodity (bulk consumption) Compounds and Master-Batches, manufacturing Up-Cycled Compounds from industrial and post-consumer waste and scrap materials like EVA, PVC, PP, PE etc.
b)Co. is also a Del-Credere agent of ONGC Petro Additions Ltd, a public sector undertaking producing a variety of base polymers and commodity plastic raw materials.
c)In addition, the company has a division engaged in Agro Products Business, and is empanelled with NAFED and HOFED. At present, company has diversified it’s business interests beyond raw materials (B2B businesses) and forayed into the B2C segment with a host of consumer products for FMCG, Agro, and Infrastructure Segments
d) Genesis Gas Solutions Pvt. Ltd.(Subsidiary 95% stake) is engaged in the business of Smart Gas Meters being supplied to all the major Gas Distribution Companies for domestic and commercial consumers. Genesis pioneers in Smart Gas and Water Metering and commands ~20% of the Domestic Gas Metering business share in India.
e)Genesis Gas Solutions enters into Joint Venture Agreement with Indraprastha Gas Ltd (IGL) and IGL Genesis Technologies Ltd incorporated on June 15, 2023 with capex of Rs. 110 crs.
f) M/s Shashi Beriwal & Co. Pvt Ltd (Subsidiary)is engaged in manufacturing of packaged beverages including Fruit Juices of a wide variety, Aerated drinks including the most popular flavors like Cola, Orange, Mango along with very Indian Jeera and Shiikanji drinks and has most recently forayed into the fast-expanding market in India for “Energy Drinks”.
g) NBFC
h) Entertainment Industry