Vikas WSP Ltd - Stock Valuation and Financial Performance

BSE: 519307 | NSE: VIKASWSP | Chemicals | Small Cap

Vikas WSP Ltd Share Price

1.66 0.00 0.00%
as on 19-Feb'24 16:59

DeciZen - make an informed investing decision on Vikas WSP

M-Cap below 100cr DeciZen not available

Vikas WSP stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
33.9 Cr.
52-wk low:
1
52-wk high:
2

Is Vikas WSP Ltd an attractive stock to invest in?

1. Is Vikas WSP Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Vikas WSP Ltd is a below average quality company.

2. Is Vikas WSP Ltd undervalued or overvalued?

The key valuation ratios of Vikas WSP Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Vikas WSP Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vikas WSP Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Vikas WSP:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Vikas WSP Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 27.2%1.6%-2.2%-25%-4.3%5.1%3.2%1.9%-7.7%-5.6%-
Value Creation
Index
0.9-0.9-1.2-2.8-1.3-0.6-0.8-0.9-1.6-1.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,9061,03778657319469680075822223.10
Sales YoY Gr.--64.3%-24.2%-27.1%-66.2%259.7%14.9%-5.3%-70.8%-89.6%-
Adj EPS 25.70.1-4.3-27.2-61.51.31-5.6-4.5-7
YoY Gr.--99.5%-3369.2%NANANA-14.3%-17.5%-638.5%NA-
BVPS (₹) 101.7103.1103.577.471.254.8555650.742.741.4
Adj Net
Profit
3541.7-58.4-373-82.928.525.821.4-115-91.7-143
Cash Flow from Ops. 8.6-43.357.937.15.9-67.6-4.524.80.2-1-
Debt/CF from Ops. 19.3-53.24.627.1-2.7-34.45.5564.6-324.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -41.6%-34.6%-69.3%-89.6%
Adj EPS -182.4%NA-252.7%NA
BVPS-9.2%-9.7%-8.1%-15.8%
Share Price -19.7% -31.8% -31.3% 27.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on
Equity %
28.70.1-4.1-30-8.12.82.41.9-10.5-9.6-16.7
Op. Profit
Mgn %
20.57.6-2.2-32.3-6.915.397.6-19.4-59.4NAN
Net Profit
Mgn %
12.20.2-7.4-65.2-42.84.13.22.8-51.7-397.2-INF
Debt to
Equity
0.10.20.10.20.20.20.10.10.10.4-
Working Cap
Days
1113784265231,3914354374901,66015,0430
Cash Conv.
Cycle
301031562125621752162729819,1380

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -69.32%

Sales growth is not so good in last 4 quarters at -100.00%

Latest Financials - Vikas WSP Ltd.

Standalone Consolidated
TTM EPS (₹) -7 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) 41.4 -
Reserves (₹ Cr.) 826 -
P/BV 0.04 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 0.96 / 2.00
All Time Low / High (₹) 0.96 / 153.90
Market Cap (₹ Cr.) 33.9
Equity (₹ Cr.) 20.4
Face Value (₹) 1
Industry PE 47.3

Management X-Ray of Vikas WSP:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *56.9256.9256.9256.9256.9256.9256.9256.9256.9256.92
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Vikas WSP

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Balance Sheet

(All Figures are in Crores.)

Profit And Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Cash Flow

(All Figures are in Crores.)

Vikas WSP Ltd Stock News

Vikas WSP Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vikas WSP on 19-Feb-2024 16:59 is ₹1.66.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Feb-2024 16:59 the market cap of Vikas WSP stood at ₹33.94.
The latest P/E ratio of Vikas WSP as of 19-Feb-2024 16:59 is 0.00.
The latest P/B ratio of Vikas WSP as of 19-Feb-2024 16:59 is 0.04.
The 52-week high of Vikas WSP is ₹2.00 and the 52-week low is ₹0.96.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vikas WSP is ₹0.00 ( Cr.) .

About Vikas WSP Ltd

The company Vikas WSP Limited was established in 1998. It is one of India's foremost guar gum powder (GGP) manufacturer, supplying to all sectors of the food industry with an extensive range of quality products. Besides food, the company also offers guar gum for technical applications such as pet food, oil drilling, textile printing, mining paper, etc. Annual production capacity of all grades of guar gum powder is 39900 MT. The company is committed to provide better products in a timely and efficient manner.

Guar gum powder (seed gum) is predominantly guar glactomannan obtained from the endosperm of guar seed the legume cyamopsis tetragonolobus -- an annual plant of the arid and semi-arid regions of the Indian subcontinent.

Vikas WSP is the world’s leading and India’s largest manufacturer and exporter of guar gum powder (GGP). The company started to meet out growing global demand of GGP by establishing two 100% export oriented units at Sriganganagar (Rajasthan). The company has encouraged guar cultivation locally, which was hitherto considered a neglected crop.

By developing guar gum tailoring techniques for food and industrials applications, Vikas WSP Ltd, has achieved international recognition. The company supplies guar products to food manufacturers in almost all the continents. With commitment to manufacture excellent food grade GGP, the company has established well-equipped laboratory including microbiological testing facility. The company has also implemented international QC systems such as ISO– 9001: 2000 Quality Management System, HACCP based Food Safety System September 2002 and follow guidelines for Good Manufacturing Practices (GMP), Vikas WSP Ltd. has the privilege to be the world’s dominating food grade GGP producer who has implemented HACCP – Food Safety System. Company has also awarded Three Star Export House by NOIDA Export Processing Zone, Ministry of Commerce & Industry.

Besides food applications, Vikas WSP also manufactures guar gum products for highly specified applications such as oil and natural gas exploration, explosives and mining. The company has achieved the status of most preferred supplier, among the international buyers and is categorized as an excellent vendor by the customers while conducting QC audits/ inspections. The company is committed to maintain and enhance the faith of its present and prospective customers.

Product Variety:

The company is engaged in production of Food Grade Guar Gum Powder

All the units producing food grade guar gum comply with requirement, applicable as per WHO good manufacturing practice guidelines. Utmost attention is given to factory landscaping , overall landscaping, overall cleanliness, plant hygiene and sanitation. before putting into use for production, batchwise potability of water is ensured as per WHO standards. 

Guar Gum produced by the company are used in :

  • Bakery
  • Noodles
  • Ice Cream
  • Diet Foods
  • Meat and Fish products
  • Sausage Coatings
  • Pet Foods and many more

Certification:

  • WHO GMP Certificate
  • HACCP Certificate
  • Kosher Certificate
  • ISO 90012000 certified
  • International Quality - The units of the company have been accredited for the following quality standards by DNV Certification.
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