Vikas Proppant & Granite Ltd
Incorporated in 1994, Vikas Proppant & Granite Ltd, is an agro-based industry manufacturer of Guar Gum Powder and guar splits & their derivatives. Besides food, the Co. also offers guar gum for technical applications such as pet food, oil drilling, textile printing, mining paper, etc. It has diversified its business into the mining of Granite Blocks and manufacturing of Proppants.[1][2]
- Market Cap ₹ 28.3 Cr.
- Current Price ₹ 0.55
- High / Low ₹ 0.78 / 0.43
- Stock P/E
- Book Value ₹ 3.64
- Dividend Yield 0.00 %
- ROCE 0.09 %
- ROE 0.12 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.15 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 9.21% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 2,652 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.
Peer comparison
Sector: Miscellaneous Industry: Miscellaneous
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
116 | 133 | 115 | 219 | 140 | 293 | 116 | 3 | 0 | 53 | 7 | 24 | 2 | |
75 | 92 | 98 | 188 | 127 | 278 | 112 | 4 | 0 | 1 | 2 | 23 | 18 | |
Operating Profit | 41 | 40 | 17 | 30 | 14 | 15 | 4 | -1 | -0 | 52 | 5 | 0 | -16 |
OPM % | 36% | 30% | 15% | 14% | 10% | 5% | 3% | -38% | 98% | 72% | 1% | -1,037% | |
0 | -0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | -12 | 0 | |
Interest | 1 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 7 | 7 | 9 | 14 | 14 | 14 | 12 | 12 | 5 | 0 | 0 | 0 | 0 |
Profit before tax | 33 | 31 | 6 | 15 | 1 | 1 | -8 | -13 | -6 | 52 | 5 | -11 | -16 |
Tax % | 34% | 34% | 20% | 39% | 22% | 38% | 18% | 9% | -81% | 14% | 22% | 0% | |
22 | 21 | 5 | 9 | 1 | 0 | -9 | -14 | -1 | 44 | 4 | -11 | -15 | |
EPS in Rs | 1.20 | 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% | 0% | 129% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -16% |
5 Years: | -27% |
3 Years: | % |
TTM: | -94% |
Compounded Profit Growth | |
---|---|
10 Years: | -36% |
5 Years: | 15% |
3 Years: | 31% |
TTM: | -450% |
Stock Price CAGR | |
---|---|
10 Years: | -8% |
5 Years: | -33% |
3 Years: | -35% |
1 Year: | 0% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 5% |
3 Years: | 9% |
Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
Mar 2010 | 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 | 18 | 51 | 51 | 51 | 51 |
Reserves | 42 | 62 | 68 | 77 | 77 | 78 | 69 | 55 | 54 | 147 | 148 | 136 | 136 |
120 | 124 | 145 | 128 | 106 | 106 | 106 | 106 | 107 | 64 | 57 | 49 | 49 | |
3 | 4 | 44 | 35 | 71 | 69 | 140 | 145 | 136 | 148 | 149 | 153 | 153 | |
Total Liabilities | 183 | 209 | 274 | 258 | 272 | 270 | 333 | 324 | 314 | 410 | 404 | 389 | 389 |
91 | 85 | 161 | 148 | 134 | 121 | 109 | 86 | 80 | 164 | 164 | 160 | 160 | |
CWIP | 65 | 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 | 0 |
27 | 39 | 97 | 64 | 88 | 102 | 176 | 191 | 186 | 198 | 193 | 201 | 201 | |
Total Assets | 183 | 209 | 274 | 258 | 272 | 270 | 333 | 324 | 314 | 410 | 404 | 389 | 389 |
Cash Flows
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14 | 20 | 28 | 15 | 28 | 3 | -1 | 2 | -7 | 44 | 10 | -16 | |
-22 | -21 | -16 | -30 | -5 | -3 | 0 | 0 | 5 | -83 | 0 | 24 | |
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 |
Ratios
Figures in Rs. Crores
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 | 99 | 78 | 64 | 68 | 46 | 132 | 5,936 | 321 | 2,094 | 687 | |
ROCE % | 21% | 17% | 4% | 8% | 1% | 0% | -4% | -7% | -3% | 23% | 2% | 0% |
Documents
Announcements
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Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
18 Apr 2023 - In continuation of our earlier intimation dated April 15, 2023 and pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 (LODR) and in accordance with …
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Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
16 Apr 2023 - Post-facto intimation of creditors' meeting.
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Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
14 Apr 2023 - Ninth Meeting of Committee of Creditors on April 15, 2023.
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Corporate Insolvency Resolution Process (CIRP)-Filing of Resolution plan with Tribunal
23 Feb 2023 - The resolution plan of Mr. Kailashchand Mittal as approved by Committee of Creditors ('CoC') has been submitted with the Hon''ble National Company Law Tribunal, Chandigarh …
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Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
17 Feb 2023 - Of Conclusion of e-voting of Approval of Resolution Plan by the Committee of Creditors
Annual reports
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
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Financial Year 2007
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Products
Guar Gum Powder
Oil fracturing proppants by making use of cuttings (waste materials) of granite stones. It manufactures Proppants out of wastes/scraps of the granite projected to be mined from the mines at Kaparda District Jodhpur. [1]