Vikas Lifecare Ltd
Vikas Lifecare Ltd ( formerly Vikas Lifecare Limited) is principally engaged in the business of manufacturing and trading Plastic, polymer and chemicals, and Plastic Products. It has also started dealing in FMCG Products like aluminum foils, and processed food products..[1]
- Market Cap ₹ 603 Cr.
- Current Price ₹ 4.20
- High / Low ₹ 7.24 / 3.63
- Stock P/E 17.2
- Book Value ₹ 2.20
- Dividend Yield 0.00 %
- ROCE 25.4 %
- ROE 21.0 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 232% CAGR over last 5 years
- Debtor days have improved from 227 to 62.3 days.
- Company's working capital requirements have reduced from 155 days to 41.5 days
Cons
- Promoter holding has decreased over last quarter: -0.91%
- Promoter holding is low: 11.4%
- Company has a low return on equity of 13.0% over last 3 years.
- Earnings include an other income of Rs.34.7 Cr.
* 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
81 | 93 | 101 | 195 | 216 | 156 | 75 | 295 | 443 | |
80 | 92 | 100 | 191 | 211 | 146 | 67 | 297 | 431 | |
Operating Profit | 1 | 1 | 1 | 4 | 5 | 10 | 8 | -2 | 12 |
OPM % | 2% | 1% | 1% | 2% | 2% | 7% | 10% | -1% | 3% |
1 | 2 | 2 | 6 | 5 | -2 | -3 | 44 | 35 | |
Interest | 2 | 2 | 2 | 7 | 6 | 5 | 5 | 2 | 1 |
Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 |
Profit before tax | 0 | 1 | 1 | 2 | 3 | 3 | -2 | 38 | 43 |
Tax % | 14% | 16% | 20% | 32% | 30% | 44% | -133% | 26% | |
Net Profit | 0 | 1 | 1 | 1 | 2 | 1 | -4 | 28 | 35 |
EPS in Rs | 0.81 | 1.35 | 0.14 | 0.02 | 0.02 | 0.01 | -0.03 | 0.26 | 0.30 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 11% |
TTM: | 94% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 232% |
3 Years: | 364% |
TTM: | 183% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 31% |
1 Year: | -38% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 13% |
Last Year: | 21% |
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 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|
28 | 28 | 30 | 66 | 66 | 66 | 66 | 110 | 133 | |
Reserves | 19 | 20 | 23 | 96 | 24 | -13 | 0 | 89 | 172 |
10 | 9 | 17 | 20 | 39 | 41 | 42 | 7 | 13 | |
5 | 12 | 8 | 81 | 115 | 161 | 41 | 96 | 77 | |
Total Liabilities | 61 | 68 | 79 | 264 | 245 | 255 | 149 | 301 | 395 |
0 | 0 | 5 | 8 | 8 | 10 | 12 | 21 | 14 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 |
Investments | 46 | 45 | 43 | 121 | 48 | 10 | 3 | 86 | 122 |
14 | 23 | 31 | 135 | 189 | 235 | 133 | 194 | 241 | |
Total Assets | 61 | 68 | 79 | 264 | 245 | 255 | 149 | 301 | 395 |
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 | |
---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | -23 | -12 | 4 | -8 | -7 | |
0 | 0 | 0 | -2 | 0 | -1 | 12 | -47 | |
0 | 0 | 0 | 25 | 13 | -4 | -4 | 59 | |
Net Cash Flow | 0 | 0 | 0 | -0 | 1 | -1 | -0 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 42 | 58 | 92 | 211 | 228 | 272 | 347 | 62 |
Inventory Days | 9 | 7 | 11 | 29 | 51 | 78 | 156 | 35 |
Days Payable | 23 | 11 | 30 | 125 | 162 | 386 | 216 | 82 |
Cash Conversion Cycle | 29 | 54 | 73 | 114 | 117 | -36 | 287 | 15 |
Working Capital Days | 34 | 35 | 77 | 97 | 95 | 28 | 394 | 42 |
ROCE % | 3% | 2% | 7% | 4% | 10% | 8% | 25% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Jan - Newspaper Advertisement of Un-Audited Financial Results of the Company for the Quarter and Nine months ended December 31, 2022
- Media Release - Financial Performance - 9M FY23 And Strategic Investment In Kohinoor Foods Limited 25 Jan
- Submission Of Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2022 25 Jan
- Board Meeting Outcome for Outcome Of Board Meeting Held On January 25, 2023 25 Jan
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
23 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2022
Business Segments
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
FMCG & Healthcare: Trading in agro products and commodities. [1]
Geographic Segment
The Co. derives more than 99% of its revenues from domestic markets and less than 1% from exports. [2]
Revenue Split
Trading Division - Polymers : 56% in FY21 vs 100% in FY20
Trading Division - Cashew nuts: 12% in FY21 vs NIL in FY20
Manufacturing Division - Polymers: 32% in FY21 vs NIL in FY20.[2]