Vikas Wsp Ltd
₹ 1.11
1.83%
20 Feb
- close price
About
Incorporated in 1988, Vikas Wsp Limited manufactures and exports Guar Gum
Powder.
Key Points
- Market Cap ₹ 22.7 Cr.
- Current Price ₹ 1.11
- High / Low ₹ 1.69 / 1.03
- Stock P/E
- Book Value ₹ 37.6
- 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 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.
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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: | -16% |
| 5 Years: | -27% |
| 3 Years: | -4% |
| 1 Year: | -31% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 19 | 20 | 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 | 749 |
| 215 | 184 | 169 | 159 | 182 | 155 | 131 | 106 | 307 | 307 | 307 | 307 | 307 | |
| 162 | 122 | 309 | 355 | 406 | 390 | 419 | 443 | 345 | 351 | 352 | 354 | 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 | 1,431 |
| 842 | 815 | 784 | 749 | 715 | 668 | 634 | 600 | 566 | 532 | 497 | 463 | 446 | |
| CWIP | 17 | 11 | 13 | 11 | 11 | 11 | 12 | 12 | -0 | -0 | -0 | -0 | -0 |
| Investments | -0 | -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 | 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 | 1,431 |
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
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Feb - Newspaper publication of financial result under reg 47 of LODR
- Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb
- For The Quarter Ended On 31St December 2025 13 Feb
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On 13Th February 2026 For The Consideration And Approval Of Financial Result For The Quarter Ended On 31St December, 2025
13 Feb - Board approved unaudited Q3 results (Dec 31, 2025); auditor issued qualified review and going-concern emphasis; company under CIRP.
-
Board Meeting Intimation for Consideration And Approval Of Financial Result For The Quarter Ended On 31St December 2025.
9 Feb - Board meeting on 13 Feb 2026 to consider/approve unaudited results for quarter ended 31 Dec 2025.
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.