Vikas Lifecare Ltd - Stock Valuation and Financial Performance

BSE: 542655 | NSE: VIKASLIFE | Petrochemicals | Small Cap

Vikas Lifecare Share Price

4.85 -0.07 -1.42%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Vikas Lifecare

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Vikas Lifecare stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
803 Cr.
52-wk low:
2.7
52-wk high:
7.9

Is Vikas Lifecare Ltd an attractive stock to invest in?

1. Is Vikas Lifecare Ltd a good quality company?

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

2. Is Vikas Lifecare Ltd undervalued or overvalued?

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

3. Is Vikas Lifecare Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vikas Lifecare 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 Lifecare:

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 Lifecare 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 1.9%3.9%2.4%2.1%4.3%2.4%4.8%8.6%0.2%2.6%-
Value Creation
Index
-0.9-0.7-0.8-0.9-0.7-0.8-0.7-0.4-1.0-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 74.981.193.310119521615675295463410
Sales YoY Gr.-8.3%15.1%7.7%94.3%10.5%-27.7%-52%293.4%56.9%-
Adj EPS 0.80.800.10-000.1-00-0.1
YoY Gr.-7.8%-98.8%400%-80%-200%NA200%-116.7%NA-
BVPS (₹) 12.158.414.314.721.10.70.81.82.32.7
Adj Net
Profit
0.30.300.20.8-0.61.94.9-1.15.7-8
Cash Flow from Ops. 09.10.90-23.2-11.63.5-7.7-6.8-110-
Debt/CF from Ops. 01.110.60-0.9-3.411.5-5.4-1-0.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 22.4%18.8%43.6%56.9%
Adj EPS -28%32%26%NA
BVPS-16.8%2.4%50.9%27.1%
Share Price - - 23.7% 43.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
7.41.200.40.7-0.52.68.2-0.92.2-2
Op. Profit
Mgn %
-0.61.91.30.52.11.96.510.4-0.82.40.5
Net Profit
Mgn %
0.40.400.20.4-0.31.26.6-0.41.2-2
Debt to
Equity
2.70.40.20.30.10.40.80.600.1-
Working Cap
Days
12182669215325849189619718577
Cash Conv.
Cycle
0413962751028319394549

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 43.64%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at -4.21%

Latest Financials - Vikas Lifecare Ltd.

Standalone Consolidated
TTM EPS (₹) -0.1 -0.1
TTM Sales (₹ Cr.) 410 432
BVPS (₹.) 2.7 2.7
Reserves (₹ Cr.) 288 287
P/BV 1.77 1.78
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 2.66 / 7.92
All Time Low / High (₹) 0.76 / 17.89
Market Cap (₹ Cr.) 803
Equity (₹ Cr.) 165.6
Face Value (₹) 1
Industry PE 38

Management X-Ray of Vikas Lifecare:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.0012.630.0012.6312.620.070.070.04
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Vikas Lifecare

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales75819310119521615675295463
Operating Expenses 75809210019121214667297483
Manufacturing Costs0000311012
Material Costs079919918320214263286441
Employee Cost 0000211112
Other Costs 751114723838
Operating Profit 021144108-2-20
Operating Profit Margin (%) -0.6%1.9%1.3%0.5%2.1%1.9%6.5%10.4%-0.8%-4.4%
Other Income 11226421443
Interest 0222765522
Depreciation 0000111113
Exceptional Items 000001-4-400
Profit Before Tax 0011233-138-22
Tax 0000111210-6
Profit After Tax 0011121-428-15
PAT Margin (%) 0.4%0.5%0.8%0.7%0.8%1.0%0.9%-4.7%9.5%-3.3%
Adjusted EPS (₹)0.81.10.20.20.00.00.00.00.3-0.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 5224753162905467199331
Share Capital 33283066666666110144
Reserves 11920239624-13089187
Minority Interest0000000000
Debt121091720394041615
Long Term Debt100008516210
Short Term Debt11109172031352545
Trade Payables85386490151386557
Others Liabilities 0259018251043226
Total Liabilities 25616879264245255150301428

Fixed Assets

Gross Block211655671933
Accumulated Depreciation1111122346
Net Fixed Assets100534441527
CWIP 0000000000
Investments 0464543125521738698
Inventories1223152830272811
Trade Receivables18915251131351167142162
Cash Equivalents 0121120059
Others Assets41517248843126121
Total Assets 25616879264245255150301428

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0910-23-124-8-7-110
PBT 0010233-138-22
Adjustment 02207449-3835
Changes in Working Capital 07-20-32-17-2-15-6-122
Tax Paid 00000-1-1-10-1
Cash Flow From Investing Activity 0-4620-20-112-47-43
Capex 0000-3-1-1-1-12-14
Net Investments 0-461000-212-37-48
Others 00001112119
Cash Flow From Financing Activity 038-202513-4-459157
Net Proceeds from Shares 024002400096150
Net Proceeds from Borrowing 0000019411-147
Interest Paid 0-2-20-7-6-5-5-2-2
Dividend Paid 0000000000
Others 0150080-3-10-212
Net Cash Flow 010001-1054
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)7.423.152.031.361.371.651.94-5.8321.05-5.81
ROCE (%)3.075.654.833.937.035.886.723.825.39-7.08
Asset Turnover Ratio2.891.891.441.361.140.890.630.371.311.27
PAT to CFO Conversion(x)NANINF10-23-64N/A-0.25N/A
Working Capital Days
Receivable Days956248731291992934567080
Inventory Days78791735681403415
Payable Days0291620721393115426550

Vikas Lifecare Ltd Stock News

Vikas Lifecare Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vikas Lifecare on 28-Mar-2024 16:01 is ₹4.85.
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 28-Mar-2024 16:01 the market cap of Vikas Lifecare stood at ₹803.0.
The latest P/E ratio of Vikas Lifecare as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Vikas Lifecare as of 28-Mar-2024 16:01 is 1.77.
The 52-week high of Vikas Lifecare is ₹7.92 and the 52-week low is ₹2.66.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vikas Lifecare is ₹410.2 ( Cr.) .

About Vikas Lifecare Ltd

Vikas Lifecare Limited (formerly known as Vikas Multicorp Ltd.) established in the year 1995, is principally engaged in the business of recycling plastic waste and trading of polymer compounds, manufacturing of polymers compounds. The company is polymer additive related Chemicals Trading House, based in the capital city, it has rich domain experience and in-depth knowledge of International and Local Polymers Market.

Having a more than 2-decade strong operating history in the manufacturing of specialty chemicals for plastics industry, arms VLL with in-depth understanding of the product designing and market trends. The Company is having rich domain experience and in-depth knowledge of International and Local Polymer markets.

The company has set an industry benchmark in service quality and value creation for its customers who have patronized it with their trust and loyalty. The company is certified under ISO 9001:2015, for trading and manufacturing of PVC compounds, EVA, PP, PE, BASE polymers, additive and chemicals (meant for plastic processing). Its manufacturing facility is located at Vigyan Nagar, RIICO Industrial area, Shahjahanpur, Rajasthan, Alwar, Rajasthan.

Business area of the company

The company is principally engaged in the business of Recycling Plastic Waste (Recycling Materials) and trading of Polymer Compounds. Until 2019, the company was engaged in the trading of various Polymer Compounds such as Ethylene-vinyl acetate (EVA Compounds), Polyvinyl chloride resins (PVC resins), chlorinated Parrafin, Polyethylene Compound (PE Compounds) and Thermoplastic Rubber Compounds (TPR Compounds). However, subsequent to the acquisition of ‘Recycled and Trading Compounds Division’ of group concern ‘Vikas Ecotech Limited’ under the scheme of arrangement approved by National Company Law Tribunal, Principal Bench, New Delhi, the company also started manufacturing Polymer Compounds such as PE Compound, Polyvinyl Chloride Compound (PVC Compounds), V blend SOE Compound, Polypropylene Compounds (PP granules), TPR Compounds from FY 2019-20 onwards.

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