Vikas Wsp Ltd
            ₹ 1.18
            
              
                
                -2.48%
              
            
          
          
            
              27 Oct
              
                - close price
              
            
          
        About
          Incorporated in 1988, Vikas Wsp Limited manufactures and exports Guar Gum 
Powder.
Key Points
            - Market Cap ₹ 24.1 Cr.
- Current Price ₹ 1.18
- High / Low ₹ 2.15 / 1.15
- Stock P/E
- Book Value ₹ 38.5
- Dividend Yield 0.00 %
- ROCE -3.21 %
- ROE -3.32 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.03 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 14.6%
- Company has a low return on equity of -3.46% over last 3 years.
- Contingent liabilities of Rs.475 Cr.
- Company might be capitalizing the interest cost
- Promoters have pledged or encumbered 56.9% of their holding.
* 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.
Loading peers table ...
      Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,037 | 786 | 573 | 194 | 696 | 800 | 758 | 222 | 23 | 0 | 0 | 0 | 0 | |
| 958 | 804 | 758 | 213 | 594 | 728 | 700 | 265 | 37 | 2 | 2 | 2 | 2 | |
| Operating Profit | 78 | -17 | -185 | -19 | 102 | 72 | 58 | -43 | -14 | -2 | -2 | -2 | -2 | 
| OPM % | 8% | -2% | -32% | -10% | 15% | 9% | 8% | -19% | -59% | ||||
| 5 | 95 | 20 | 5 | 5 | 30 | 0 | 0 | -103 | 0 | 0 | 0 | 0 | |
| Interest | 33 | 33 | 26 | 46 | 47 | 22 | 4 | 31 | 39 | 0 | 0 | 0 | 0 | 
| Depreciation | 46 | 35 | 35 | 35 | 35 | 35 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 
| Profit before tax | 5 | 10 | -226 | -95 | 26 | 46 | 19 | -108 | -189 | -36 | -35 | -35 | -36 | 
| Tax % | 38% | 34% | 59% | -12% | -13% | -1% | -11% | 6% | -13% | -9% | -25% | -25% | |
| 3 | 7 | -360 | -84 | 29 | 47 | 21 | -115 | -164 | -33 | -27 | -27 | -27 | |
| EPS in Rs | 0.22 | 0.48 | -26.16 | -6.11 | 1.49 | 2.30 | 1.04 | -5.60 | -8.00 | -1.60 | -1.30 | -1.30 | -1.31 | 
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| TTM: | % | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% | 
| 5 Years: | % | 
| 3 Years: | 16% | 
| TTM: | 0% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | -18% | 
| 5 Years: | -21% | 
| 3 Years: | -15% | 
| 1 Year: | -24% | 
| Return on Equity | |
|---|---|
| 10 Years: | -6% | 
| 5 Years: | -6% | 
| 3 Years: | -3% | 
| Last Year: | -3% | 
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 19 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 
| Reserves | 1,403 | 1,409 | 1,050 | 965 | 1,046 | 1,105 | 1,125 | 1,015 | 852 | 820 | 793 | 767 | 
| 215 | 184 | 169 | 159 | 182 | 155 | 131 | 106 | 307 | 307 | 307 | 307 | |
| 162 | 122 | 309 | 355 | 406 | 390 | 419 | 443 | 345 | 351 | 352 | 354 | |
| Total Liabilities | 1,794 | 1,728 | 1,541 | 1,493 | 1,653 | 1,671 | 1,695 | 1,585 | 1,524 | 1,498 | 1,473 | 1,448 | 
| 842 | 815 | 784 | 749 | 715 | 668 | 634 | 600 | 566 | 532 | 497 | 463 | |
| CWIP | 17 | 11 | 13 | 11 | 11 | 11 | 12 | 12 | 0 | 0 | 0 | 0 | 
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 
| 935 | 902 | 744 | 734 | 928 | 991 | 1,049 | 973 | 958 | 966 | 975 | 984 | |
| Total Assets | 1,794 | 1,728 | 1,541 | 1,493 | 1,653 | 1,671 | 1,695 | 1,585 | 1,524 | 1,498 | 1,473 | 1,448 | 
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -43 | 58 | 37 | 6 | -68 | -5 | 25 | 0 | -1 | 0 | 0 | 0 | |
| 1 | -3 | -5 | 8 | 1 | 24 | -0 | -0 | 0 | 0 | 0 | 0 | |
| 18 | -56 | -32 | -14 | 67 | -19 | -24 | -0 | 0 | 0 | 0 | 0 | |
| Net Cash Flow | -25 | -1 | 0 | -0 | -0 | 0 | 0 | -0 | -1 | 0 | 0 | 0 | 
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62 | 96 | 180 | 584 | 236 | 240 | 292 | 947 | 9,088 | |||
| Inventory Days | 107 | 102 | 57 | 179 | 65 | 54 | 40 | 56 | 23 | |||
| Days Payable | 47 | 32 | 60 | 247 | 84 | 48 | 42 | 76 | 517 | |||
| Cash Conversion Cycle | 123 | 166 | 177 | 515 | 217 | 245 | 289 | 927 | 8,594 | |||
| Working Capital Days | 204 | 200 | 24 | -25 | 46 | 75 | 70 | 117 | -1,107 | |||
| ROCE % | 2% | -3% | -14% | -5% | 6% | 4% | 2% | -6% | -4% | -3% | -3% | -3% | 
Documents
Announcements
- 
        
          Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
          
            13 Oct - Submission of certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended on September, 2025
- 
        
          Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process  (CIRP)
          
            11 Oct - NCLT hearing for IA No.1538/2022 adjourned; resolution-plan hearing listed on 12 November 2025.
- Closure of Trading Window 27 Sep
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 9 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 8 Sep
Annual reports
- 
    
      Financial Year 2024
      from bse
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      Financial Year 2023
      from bse
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      Financial Year 2022
      from bse
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      Financial Year 2021
      from bse
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      Financial Year 2020
      from bse
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      Financial Year 2019
      from bse
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      Financial Year 2018
      from bse
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      Financial Year 2017
      from bse
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      Financial Year 2016
      from bse
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      Financial Year 2015
      from bse
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      Financial Year 2014
      from bse
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      Financial Year 2013
      from bse
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      Financial Year 2012
      from bse
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      Financial Year 2011
      from bse
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      Financial Year 2010
      from bse
Product Profile:
Organic Guar Gum:[1][2] Company manufactures Organically Certified Guar Gum by the name of Ecoguar which has various commercially useful properties for food processing and applications. Company is 100% EOU approved for manufacture of Guar Gum Polymer and Derivative for food as well for industrial applications.