Vikas Proppant & Granite Ltd (VIKASPROP) share price, results

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore

	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021
Sales	16.06	0.13	0.15	4.26	2.43	12.65	9.40	0.00	1.55	0.00	0.00	0.00
Expenses	0.68	0.06	0.05	1.64	0.18	8.26	9.39	0.07	17.27	0.26	0.03	0.06
Operating Profit	15.38	0.07	0.10	2.62	2.25	4.39	0.01	-0.07	-15.72	-0.26	-0.03	-0.06
OPM %	95.77%	53.85%	66.67%	61.50%	92.59%	34.70%	0.11%		-1,014.19%
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	15.38	0.07	0.10	2.62	2.25	4.39	0.01	-0.07	-15.72	-0.26	-0.03	-0.06
Tax %	26.40%	-1,828.57%	470.00%	37.79%	40.89%	27.79%	2,900.00%	0.00%	-9.54%	0.00%	0.00%	0.00%
Net Profit	11.33	1.35	-0.38	1.63	1.33	3.17	-0.27	-0.07	-14.21	-0.26	-0.03	-0.06
EPS in Rs	0.22	0.03	-0.01	0.03	0.03	0.06	-0.01	-0.00	-0.28	-0.01	-0.00	-0.00

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	TTM
Sales	133	115	219	140	293	116	3	0	53	7	24	2
Expenses	92	98	188	127	278	112	4	0	1	2	23	18
Operating Profit	40	17	30	14	15	4	-1	-0	52	5	0	-16
OPM %	30%	15%	14%	10%	5%	3.3%	-38%		98%	72%	1.0%	-1,037%
Other Income	-0	0	0	2	0	0	0	0	0	0	-12	0
Interest	2	2	2	1	0	0	0	0	0	0	0	0
Depreciation	7	9	14	14	14	12	12	5	0	0	0	0
Profit before tax	31	6	15	1	1	-8	-13	-6	52	5	-11	-16
Tax %	34%	20%	39%	22%	38%	18%	9%	-81%	14%	22%	0%
Net Profit	21	5	9	1	0	-9	-14	-1	44	4	-11	-15
EPS in Rs	1.13	0.28	0.50	0.04	0.02	-0.50	-0.76	-0.06	0.87	0.08	-0.22	-0.29
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	129%	0%

	10 Years	5 Years	3 Years	TTM	1 Year	Last Year
Compounded Sales Growth	-16%	-27%	%	-94%
Compounded Profit Growth	-36%	15%	31%	-450%
Stock Price CAGR	-7%	-34%	-17%		-26%
Return on Equity	4%	5%	9%			0%

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Sep 2021
Equity Capital	18	18	18	18	18	18	18	18	51	51	51	51
Reserves	62	68	77	77	78	69	55	54	147	148	136	136
Borrowings	124	145	128	106	106	106	106	107	64	57	49	49
Other Liabilities	4	44	35	71	69	140	145	136	148	149	153	153
Total Liabilities	209	274	258	272	270	333	324	314	410	404	389	389
Fixed Assets	85	161	148	134	121	109	86	80	164	164	160	160
CWIP	85	15	45	50	47	48	48	48	48	48	28	28
Investments	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	39	97	64	88	102	176	191	186	198	193	201	201
Total Assets	209	274	258	272	270	333	324	314	410	404	389	389

	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Cash from Operating Activity	14	20	28	15	28	3	-1	2	-7	44	10	-16
Cash from Investing Activity	-22	-21	-16	-30	-5	-3	0	0	5	-83	0	24
Cash from Financing Activity	9	2	19	-20	-23	-0	1	-0	0	39	-10	-8
Net Cash Flow	1	1	32	-34	-0	0	0	2	-2	0	-0	0
Free Cash Flow	-8	-1	13	-15	23	0	-1	2	-2	-39	10	8
CFO/OP	54%	72%	174%	54%	216%	24%	-20%	-147%	1,562%	86%	208%	-6,870%

	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Debtor Days	40	48	87	47	168	99	518	19,379		1,214	8,924	2,652
Inventory Days	65	79	135	68	61	19	12	0
Days Payable	1	2	153	49	184	79	424
Cash Conversion Cycle	103	126	68	66	45	39	105	19,379		1,214	8,924	2,652
Working Capital Days	78	60	-32	26	68	46	132	-6,500		-123	-909	-65
ROCE %	21%	17%	4%	8%	1%	0%	-4%	-7%	-3%	23%	2%	0%

	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022
Promoters	22.43%	22.43%	22.43%	22.43%	22.43%	22.43%	22.06%	22.06%	22.06%	22.06%	22.06%	22.06%
DIIs	0.00%	0.00%	0.11%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	77.57%	77.57%	77.46%	77.56%	77.57%	77.57%	77.94%	77.94%	77.94%	77.94%	77.94%	77.94%
No. of Shareholders	12,929	13,821	13,264	15,109	33,533	40,255	45,400	49,916	55,353	54,857	70,803	94,295

Fundamentals

Market Cap₹ 12.9 Cr.

Current Price₹ 0.25

Book Value₹ 3.64

ROCE0.09 %

ROE0.12 %

Dividend Yield0.00 %

Face Value₹ 1.00

Compounded Sales Growth (TTM)-94%

Compounded Profit Growth (TTM)-450%

Standalone figures.

Valuation

Market capRs 21 Cr

Enterprise valueRs 69 Cr

Price to book0.11x

Price to sales0.87x

EV / sales2.93x

Earnings yield-70.72%

P/E, 3-year average50.89x

P/B, 3-year average1.79x

P/E, 5-year average50.89x

P/B, 5-year average1.08x

Profitability

Operating margin (excl. other income)0.97%

Operating margin (incl. other income)-48.26%

EBITDA margin-68.09%

Pre-tax margin-68.09%

Net profit margin-61.69%

ROE-5.90%

ROCE-4.63%

ROA-2.87%

ROE, 3-year average9.63%

ROCE, 3-year average6.91%

ROA, 3-year average3.44%

ROE, 5-year average2.02%

ROCE, 5-year average2.16%

ROA, 5-year average1.16%

ROIC (approx.)-6.80%

Other income / net worth-6.19%

Growth

Sales growth (latest year)239.08%

Profit growth (latest year)-390.56%

Sales CAGR, 5 years-27.30%

Per share

EPS (TTM)Rs -0.28

EPS (latest year)Rs -0.22

EPS (latest quarter)Rs -0.00

EPS, 3-year averageRs 0.24

EPS, 5-year averageRs -1.50

Book value per shareRs 3.65

Sales per shareRs 0.46

Cash flow per shareRs -0.31

Free cash flow per shareRs 0.16

Dividend per share, 3-year averageRs 0.10

Dividend per share, 5-year averageRs 0.10

Dividends

Dividend payout, 3-year average129.08%

Dividend payout, 5-year average129.08%

Efficiency

Asset turnover0.06x

Fixed asset turnover0.15x

Debtor days2652 days

Debtors turnover0.14x

Creditor days424 days

Cash conversion cycle2652 days

Working capital days-65 days

Leverage

Total debtRs 49 Cr

Cash and bankRs 0 Cr

Net debtRs 49 Cr

Debt to equity0.26x

Owners' fund to total sources48.25%

Debt to assets12.49%

Cash flow

Cash from Operating Activity (latest year)Rs -16 Cr

Cash from Investing Activity (latest year)Rs 24 Cr

Cash from Financing Activity (latest year)Rs -8 Cr

Free cash flow (latest year)Rs 8 Cr

FCFE (approx.: FCF + change in debt)Rs -1 Cr

Cash from ops / profit, 5 years1.50x

Statement figures

Net sales (TTM)Rs 24 Cr

Net sales (latest year)Rs 24 Cr

Operating profit excl. other income (latest year)Rs 0 Cr

Operating profit (latest quarter)Rs -0 Cr

Other income (TTM)Rs -12 Cr

EBITDA (TTM)Rs -16 Cr

PBDT (TTM)Rs -16 Cr

Profit before tax (TTM)Rs -16 Cr

Net profit (TTM)Rs -15 Cr

Net profit (latest year)Rs -11 Cr

Net profit (latest quarter)Rs -0 Cr

Cost of goods sold (latest year)Rs 22 Cr

Total expenditure (latest year)Rs 23 Cr

Total income (latest year)Rs 12 Cr

Share capitalRs 51 Cr

ReservesRs 136 Cr

Shareholders' fundsRs 188 Cr

Total assetsRs 389 Cr

Net blockRs 160 Cr

Capital work in progressRs 28 Cr

ReceivablesRs 171 Cr

Other liabilitiesRs 153 Cr

Shares outstanding (crore)51.47

Ownership

Promoter holding22.06% (+0.00 in a year)

Computed by MarketFriction from the standalone statements. Returns use average balances.

P/B 0.11 is the lowest in 6.6 years (median 0.62).

Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.

Period	VIKASPROP	Nifty 50	Difference
1 week	-27.3%	-2.8%	-24.5 pts
1 month	-33.3%	-6.8%	-26.5 pts
3 months	-50.0%	-7.6%	-42.4 pts
6 months	-55.6%	+0.4%	-56.0 pts
1 year	-80.5%	-9.9%	-70.6 pts
2 years	-84.0%	-13.6%	-70.4 pts
3 years	-90.1%	+14.2%	-104.3 pts
5 years	-61.2%	+27.9%	-89.1 pts

Red flags

F-score 2 of 8

explain

Share dilution Share count up 2% in a year, 184% in three

Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Dec 2021

Sales ₹0 Cr. Net loss ₹0 Cr.

Activity

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No bulk or block deals on record.

Ex-date	Action	Factor
2021-09-22	Annual General Meeting
2020-09-21	Annual General Meeting
2020-02-17	Interim Dividend - Re 0.10 Per Share
2019-09-19	Annual General Meeting

No announcements in our files yet.

Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.

No short selling reported to NSE in our files.

Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.

Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Vikas Proppant & Granite Ltd?

Vikas Proppant & Granite Ltd (VIKASPROP) has a market capitalisation of Rs 12.9 Cr. at the 2023-04-24 close.

What were Vikas Proppant & Granite Ltd's latest quarterly results?

In the Dec 2021 quarter, Vikas Proppant & Granite Ltd sales was Rs 0 Cr with a net loss of Rs 0 Cr.