Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating costs | 0.23 | 0.23 | 0.88 | 0.28 | 0.26 | 0.24 | 0.84 | 0.30 | 0.27 | 0.24 | 106.46 | 0.22 |
| EBITDA | -0.23 | -0.23 | -0.88 | -0.28 | -0.26 | -0.24 | -0.84 | -0.30 | -0.27 | -0.24 | -106.46 | -0.22 |
| EBITDA margin % | ||||||||||||
| Depreciation & amortisation | 8.54 | 8.54 | 8.54 | 8.54 | 8.54 | 8.54 | 8.54 | 8.54 | 8.54 | 8.54 | -25.12 | 0.12 |
| Finance costs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-operating income | 0.06 | 0.06 | 0.07 | 0.05 | 0.07 | 0.07 | 0.09 | 0.06 | 0.05 | 0.06 | 0.08 | 0.04 |
| Pre-tax profit | -8.71 | -8.71 | -9.35 | -8.77 | -8.73 | -8.71 | -9.29 | -8.78 | -8.76 | -8.72 | -81.26 | -0.30 |
| Effective tax rate % | 0.00% | 0.00% | -94.87% | 0.00% | 0.00% | 0.00% | -95.59% | 0.00% | 0.00% | 0.00% | -49.90% | 0.00% |
| Profit after tax | -8.71 | -8.71 | -0.47 | -8.77 | -8.73 | -8.71 | -0.41 | -8.78 | -8.76 | -8.72 | -40.72 | -0.30 |
| Earnings per share (Rs) | -0.43 | -0.43 | -0.02 | -0.43 | -0.43 | -0.43 | -0.02 | -0.43 | -0.43 | -0.43 | -1.99 | -0.01 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 573 | 194 | 696 | 800 | 758 | 222 | 23 | 0 | 0 | 0 | 0 | 0 |
| Operating costs | 758 | 213 | 594 | 728 | 700 | 265 | 37 | 2 | 2 | 2 | 107 | 107 |
| EBITDA | -185 | -19 | 102 | 72 | 58 | -43 | -14 | -2 | -2 | -2 | -107 | -107 |
| EBITDA margin % | -32% | -10% | 15% | 9% | 8% | -19% | -59% | |||||
| Depreciation & amortisation | 35 | 35 | 35 | 35 | 34 | 34 | 34 | 34 | 34 | 34 | 0 | -8 |
| Finance costs | 26 | 46 | 47 | 22 | 4 | 31 | 39 | 0 | 0 | 0 | 0 | 0 |
| Non-operating income | 20 | 5 | 5 | 30 | 0 | 0 | -103 | 0 | 0 | 0 | 0 | 0 |
| Pre-tax profit | -226 | -95 | 26 | 46 | 19 | -108 | -189 | -36 | -35 | -35 | -108 | -99 |
| Effective tax rate % | 59% | -12% | -13% | -1% | -11% | 6% | -13% | -9% | -25% | -25% | -38% | |
| Profit after tax | -360 | -84 | 29 | 47 | 21 | -115 | -164 | -33 | -27 | -27 | -67 | -58 |
| Earnings per share (Rs) | -26.16 | -6.11 | 1.49 | 2.30 | 1.04 | -5.60 | -8.00 | -1.60 | -1.30 | -1.30 | -3.28 | -2.86 |
| Paid out as dividend % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Revenue CAGR | % | % | % | % | ||
| Profit CAGR | 6% | 7% | % | -120% | ||
| Share price CAGR | -17% | -29% | -21% | -37% | ||
| Average return on equity | -3% | -5% | -5% | -9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net block (property, plant) | 815 | 784 | 749 | 715 | 668 | 634 | 600 | 566 | 532 | 497 | 463 | 463 |
| Capital work in progress | 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 |
| Current & other assets | 902 | 744 | 734 | 928 | 991 | 1,049 | 973 | 958 | 966 | 975 | 984 | 919 |
| Total assets | 1,728 | 1,541 | 1,493 | 1,653 | 1,671 | 1,695 | 1,585 | 1,524 | 1,498 | 1,473 | 1,448 | 1,382 |
| Share capital | 14 | 14 | 14 | 19 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Reserves & surplus | 1,409 | 1,050 | 965 | 1,046 | 1,105 | 1,125 | 1,015 | 852 | 820 | 793 | 767 | 700 |
| Total debt | 184 | 169 | 159 | 182 | 155 | 131 | 106 | 307 | 307 | 307 | 307 | 307 |
| Other liabilities & provisions | 122 | 309 | 355 | 406 | 390 | 419 | 443 | 345 | 351 | 352 | 354 | 355 |
| Equity + liabilities | 1,728 | 1,541 | 1,493 | 1,653 | 1,671 | 1,695 | 1,585 | 1,524 | 1,498 | 1,473 | 1,448 | 1,382 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 58 | 37 | 6 | -68 | -5 | 25 | 0 | -1 | 0 | 0 | 0 | |
| Investing cash flow | -3 | -5 | 8 | 1 | 24 | -0 | -0 | 0 | 0 | 0 | 0 | |
| Free cash flow (after capex) | 56 | 31 | 14 | -67 | 19 | 24 | -0 | -1 | 0 | 0 | 0 | |
| Financing cash flow | -56 | -32 | -14 | 67 | -19 | -24 | -0 | 0 | 0 | 0 | 0 | |
| Net change in cash | -1 | 0 | -0 | -0 | 0 | 0 | -0 | -1 | 0 | 0 | 0 | |
| Cash conversion (OCF / EBITDA) % | -333% | -19% | -40% | -66% | -6% | 43% | -0% | 7% | -3% | -1% | 0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on capital employed % | -3% | -14% | -5% | 6% | 4% | 2% | -6% | -4% | -3% | -3% | -3% | -10% |
| Receivable days | 96 | 180 | 584 | 236 | 240 | 292 | 947 | 9,088 | ||||
| Inventory days | 102 | 57 | 179 | 65 | 54 | 40 | 56 | 23 | ||||
| Payable days | 32 | 60 | 247 | 84 | 48 | 42 | 76 | 517 | ||||
| Cash cycle (days) | 166 | 177 | 515 | 217 | 245 | 289 | 927 | 8,594 | ||||
| Working capital days | 200 | 24 | -25 | 46 | 75 | 70 | 117 | -1,107 |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter group % | 14.56% | 14.56% | 14.56% | 14.56% | 14.56% | 14.56% | 14.56% | 14.56% | 14.56% | 14.56% | 14.56% | 14.56% |
| Domestic institutions % | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Retail & others % | 85.31% | 85.32% | 85.31% | 85.31% | 85.32% | 85.41% | 85.41% | 85.43% | 85.41% | 85.42% | 85.42% | 85.42% |
| Shareholder count | 67,318 | 66,431 | 66,064 | 64,762 | 63,823 | 65,064 | 65,202 | 64,433 | 64,215 | 63,704 | 63,317 | 63,145 |
Fundamentals
Market value₹ 18.0 Cr.
Last price₹ 0.88
Book value / share₹ 35.3
Return on capital-10.1 %
Return on equity-8.88 %
Dividend yield0.00 %
Face value₹ 1.00
Revenue CAGR (TTM)%
Profit CAGR (TTM)-120%
Standalone figures.
Valuation
Market capRs 30 Cr
Enterprise valueRs 331 Cr
Price to book0.04x
Earnings yield-197.24%
P/B, 3-year average0.03x
P/B, 5-year average0.05x
Profitability
ROE-8.88%
ROCE-10.14%
ROA-4.73%
ROE, 3-year average-5.14%
ROCE, 3-year average-5.49%
ROA, 3-year average-2.78%
ROE, 5-year average-7.28%
ROCE, 5-year average-6.50%
ROA, 5-year average-4.21%
ROIC (approx.)-6.04%
Tax rate37.71%
Other income / net worth0.04%
Per share
EPS (TTM)Rs -2.86
EPS (latest quarter)Rs -0.01
EPS, 3-year averageRs -1.30
EPS, 5-year averageRs -3.63
Book value per shareRs 35.25
Efficiency
Inventory turnover0.00x
Leverage
Total debtRs 307 Cr
Cash and bankRs 5 Cr
Net debtRs 301 Cr
Debt to equity0.43x
Owners' fund to total sources52.16%
Debt to assets22.19%
Statement figures
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs -107 Cr
PBDT (TTM)Rs -107 Cr
Profit before tax (TTM)Rs -99 Cr
Tax (latest year)Rs -41 Cr
Net profit (TTM)Rs -58 Cr
Net profit (latest year)Rs -67 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs -8 Cr
Depreciation (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs 0 Cr
Share capitalRs 20 Cr
ReservesRs 700 Cr
Shareholders' fundsRs 721 Cr
Total assetsRs 1,382 Cr
Net blockRs 463 Cr
ReceivablesRs 492 Cr
InventoryRs 2 Cr
Other liabilitiesRs 355 Cr
Shares outstanding (crore)20.45
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.03 is at the 1th percentile (median 0.12).
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 | VIKASWSP | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.0% | -2.8% | +2.8 pts |
| 1 month | +31.8% | -6.8% | +38.6 pts |
| 3 months | -14.7% | -7.6% | -7.1 pts |
| 6 months | -27.5% | +0.4% | -27.9 pts |
| 1 year | -57.4% | -9.9% | -47.4 pts |
| 2 years | -79.4% | -13.6% | -65.9 pts |
| 3 years | -70.7% | +14.2% | -84.9 pts |
| 5 years | -90.7% | +27.9% | -118.6 pts |
Red flags
| look | Repeated losses Net loss in each of the last two years |
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
Jun 2026Sales ₹0 Cr.
Net loss ₹0 Cr.
Activity
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No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2023-07-21 | Annual General Meeting | |
| 2021-09-22 | Annual General Meeting | |
| 2020-09-18 | Annual General Meeting | |
| 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.
| Order date | Forum | Case |
|---|---|---|
| 2021-02-03 | NCLT | Bank of India Vs Vikas WSP Ltd. |
| 2020-02-12 | CESTAT | VIKAS WSP LIMITED ---VS.--- COMMISSIONER, CENTRAL EXCISE AND CGST-JODHPUR |
| 2019-12-12 | CESTAT | VIKAS WSP LIMITED ---VS.--- COMMISSIONER, CENTRAL EXCISE AND CGST-JODHPUR |
| 2019-10-22 | CESTAT | VIKAS WSP LIMITED ---VS.--- JODHPUR |
| 2019-08-14 | CESTAT | VIKAS WSP LIMITED ---VS.--- JODHPUR |
| 2019-05-22 | CESTAT | VIKAS WSP LIMITED ---VS.--- JODHPUR |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Vikas Wsp Ltd?
Vikas Wsp Ltd (VIKASWSP) has a market capitalisation of Rs 18.0 Cr. at the 2023-04-28 close.
What were Vikas Wsp Ltd's latest quarterly results?
In the Jun 2026 quarter, Vikas Wsp Ltd sales was Rs 0 Cr with a net loss of Rs 0 Cr.