Vikas Lifecare Ltd
Incorporated in 1995, Vikas Lifecare Ltd is under four business segments which is 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) and FMCG & Healthcare which can be further divided into different major segments which include Smart product Business( Smart gas and water meters), Polymer & Chemical Business (Recycling materials, trading and manufacturing of Polymer Compounds), FMCG segment (Agro Product), Infra
Products( Steel fittings & Steel Bars), Food grade piping system for Jal Jeevan Mission. [1]
- Market Cap ₹ 849 Cr.
- Current Price ₹ 4.99
- High / Low ₹ 8.00 / 3.00
- Stock P/E 235
- Book Value ₹ 3.02
- Dividend Yield 0.00 %
- ROCE 5.86 %
- ROE 4.46 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Promoter holding is low: 14.2%
- Company has a low return on equity of 3.06% over last 3 years.
- Earnings include an other income of Rs.10.4 Cr.
- Promoter holding has decreased over last 3 years: -5.88%
- Working capital days have increased from 97.5 days to 154 days
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 75 | 301 | 476 | 446 | 439 | |
| 67 | 302 | 464 | 442 | 438 | |
| Operating Profit | 8 | -1 | 12 | 4 | 1 |
| OPM % | 10% | -0% | 2% | 1% | 0% |
| -3 | 44 | -28 | 20 | 10 | |
| Interest | 5 | 2 | 2 | 3 | 3 |
| Depreciation | 1 | 2 | 3 | 4 | 4 |
| Profit before tax | -2 | 39 | -21 | 17 | 4 |
| Tax % | 133% | 26% | -27% | 21% | |
| -4 | 29 | -16 | 13 | -1 | |
| EPS in Rs | -0.03 | 0.26 | -0.11 | 0.09 | 0.00 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 81% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 97% |
| TTM: | 153% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 5% |
| 1 Year: | 61% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 66 | 110 | 144 | 165 |
| Reserves | 0 | 90 | 187 | 333 |
| 42 | 23 | 30 | 34 | |
| 41 | 98 | 92 | 44 | |
| Total Liabilities | 149 | 321 | 454 | 576 |
| 12 | 28 | 47 | 56 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 3 | 84 | 77 | 204 |
| 133 | 208 | 330 | 316 | |
| Total Assets | 149 | 321 | 454 | 576 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -8 | -15 | -112 | -42 | |
| 12 | -37 | -36 | -91 | |
| -4 | 59 | 151 | 137 | |
| Net Cash Flow | -0 | 8 | 2 | 4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 347 | 52 | 130 | 120 |
| Inventory Days | 156 | 36 | 10 | 8 |
| Days Payable | 216 | 84 | 48 | 13 |
| Cash Conversion Cycle | 287 | 4 | 92 | 115 |
| Working Capital Days | 394 | 37 | 101 | 154 |
| ROCE % | 19% | -7% | 6% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
21 Jul - Newspaper Advertisement of Un audited Financial Results of the company for the quarter ended June 30, 2024
- Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended On June 30, 2024 As Per Regulation 33 Of SEBI (LODR) Regulations, 2015 20 Jul
- Board Meeting Outcome for Outcome Of Board Meeting Held On July 20, 2024 20 Jul
- Board Meeting Intimation for Intimation Of Board Meeting To Be Held On July 20, 2024 17 Jul
- Media Release: Vikas Lifecare Limited (VLL) Is Pleased To Announce Updates On The Acquisition Deal Of Ebix Inc. The Consortium Led By Eraaya Lifespaces Limited Has Remitted An Amount Of USD 12 Million (INR 101 Crores Approx) And Further To This USD 35 Million (INR 293 Crores Approx) Will Be Remitted Within July 2024 17 Jul
Business Segments:[1]
a)Co. deals in various business segments including Polymer & Rubber Commodity (bulk consumption) Compounds and Master-Batches, manufacturing Up-Cycled Compounds from industrial and post-consumer waste and scrap materials like EVA, PVC, PP, PE etc.
b)Co. is also a Del-Credere agent of ONGC Petro Additions Ltd, a public sector undertaking producing a variety of base polymers and commodity plastic raw materials.
c)In addition, the company has a division engaged in Agro Products Business, and is empanelled with NAFED and HOFED. At present, company has diversified it’s business interests beyond raw materials (B2B businesses) and forayed into the B2C segment with a host of consumer products for FMCG, Agro, and Infrastructure Segments
d) Genesis Gas Solutions Pvt. Ltd.(Subsidiary 95% stake) is engaged in the business of Smart Gas Meters being supplied to all the major Gas Distribution Companies for domestic and commercial consumers. Genesis pioneers in Smart Gas and Water Metering and commands ~20% of the Domestic Gas Metering business share in India.
e)Genesis Gas Solutions enters into Joint Venture Agreement with Indraprastha Gas Ltd (IGL) and IGL Genesis Technologies Ltd incorporated on June 15, 2023 with capex of Rs. 110 crs.
f) M/s Shashi Beriwal & Co. Pvt Ltd (Subsidiary)is engaged in manufacturing of packaged beverages including Fruit Juices of a wide variety, Aerated drinks including the most popular flavors like Cola, Orange, Mango along with very Indian Jeera and Shiikanji drinks and has most recently forayed into the fast-expanding market in India for “Energy Drinks”.
g) NBFC
h) Entertainment Industry