VIKASPROP
VIKAS PROPPANT & GRANITE financials
- Market cap
- ₹14 Cr
- Sector
- Fast Moving Consumer Goods
What VIKAS PROPPANT & GRANITE LTD. does
Vikas Proppant & Granite Ltd. operates in the niche global oil-fracturing proppants market, manufacturing proppants by using cuttings (waste materials) generated from granite stones. The company has been diversifying its Object Clause to expand into the Real Estate and Construction sector, including group housing projects under government schemes (Mukhya Mantri Awas Yojna and Pradhan Mantri Awas Yojana) and government infrastructure tenders. It has no subsidiary, joint venture, or associate company.
Segments
- Proppants
- Real Estate & Construction
Quarterly results
Q3 FY22: net profit up 14.3% against the same quarter last year.
| Line item | Q4 FY20 | Q1 FY21 | Q2 FY21 | Q3 FY21 | Q4 FY21 | Q1 FY22 | Q2 FY22 | Q3 FY22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 13 | 9 | 0 | 2 −36% | 0 −100% | 0 −100% | 0 |
| EBITDA | 2 | 4 | 0 | -0 | -16 −799% | -0 −106% | -0 −400% | -0 +14% |
| Net profit | 1 | 3 | -0 | -0 | -14 −1168% | -0 −108% | -0 +89% | -0 +14% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −80.0% 1Y
1Y: ₹2 on 22 Apr 2022 → ₹0.4. High ₹2.05 (26 Apr 2022), low ₹0.35 (17 Apr 2023).
Financials, as filed
Revenue grew 238.6% a year over 1 year, FY20 to FY21. Operating margin narrowed to -48.3%.
| Year ending | FY20 | FY21 |
|---|---|---|
| Revenue | ₹7 Cr | ₹24 Cr |
| Operating profit | ₹5 Cr | ₹-11 Cr |
| Operating margin | 72.3% | -48.3% |
| Interest | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr |
| Net profit | ₹4 Cr | ₹-11 Cr |
| Net margin | 56.4% | -48.2% |
| Cash from operations | ₹10 Cr | ₹-16 Cr |
| Free cash flow | ₹10 Cr | ₹8 Cr |
| ROCE | 2.0% | 0.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 |
|---|---|---|---|---|---|---|
| Equity capital | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹51 Cr | ₹51 Cr | ₹51 Cr |
| Reserves | ₹69 Cr | ₹55 Cr | ₹54 Cr | ₹147 Cr | ₹148 Cr | ₹136 Cr |
| Borrowings | ₹106 Cr | ₹106 Cr | ₹107 Cr | ₹64 Cr | ₹57 Cr | ₹49 Cr |
| Other liabilities | ₹140 Cr | ₹145 Cr | ₹136 Cr | ₹148 Cr | ₹149 Cr | ₹153 Cr |
| Total liabilities | ₹333 Cr | ₹324 Cr | ₹314 Cr | ₹410 Cr | ₹404 Cr | ₹389 Cr |
| Fixed assets | ₹109 Cr | ₹86 Cr | ₹80 Cr | ₹164 Cr | ₹164 Cr | ₹160 Cr |
| Capital work in progress | ₹48 Cr | ₹48 Cr | ₹48 Cr | ₹48 Cr | ₹48 Cr | ₹28 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹176 Cr | ₹191 Cr | ₹186 Cr | ₹198 Cr | ₹193 Cr | ₹201 Cr |
| Total assets | ₹333 Cr | ₹324 Cr | ₹314 Cr | ₹410 Cr | ₹404 Cr | ₹389 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2022
The ownership split has held steady since Mar 2021. The shareholder count grew 89% to 94,295.
- Promoters
- 22.1%
- Public
- 77.9%
Since Mar 2021
- Promoters 0.00 pp
- DIIs 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Jun '19: Promoters 22.4%, Public 77.6%.Sep '19: Promoters 22.4%, Public 77.6%.Dec '19: Promoters 22.4%, DIIs 0.1%, Public 77.5%.Mar '20: Promoters 22.4%, DIIs 0.0%, Public 77.6%.Jun '20: Promoters 22.4%, Public 77.6%.Sep '20: Promoters 22.4%, Public 77.6%.Dec '20: Promoters 22.1%, Public 77.9%.Mar '21: Promoters 22.1%, Public 77.9%.Jun '21: Promoters 22.1%, Public 77.9%.Sep '21: Promoters 22.1%, Public 77.9%.Dec '21: Promoters 22.1%, Public 77.9%.Mar '22: Promoters 22.1%, Public 77.9%.
Who bought this quarter
since Dec 2021
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Sunil Palod newly disclosed 1.01% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2022 filing
Every holder of VIKAS PROPPANT & GRANITE LTD. above SEBI's 1% disclosure line, and what changed since Dec 2021.
| Holder | Stake | Change |
|---|---|---|
| Bimla Devi Jindal | 19.43% | unchanged |
| Komal . | 19.43% | unchanged |
| Kamini Jindal | 2.62% | unchanged |
| Sunil Palod | 1.01% | newly disclosed |
| Bajrang Dass Aggarwal | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse VIKAS PROPPANT & GRANITE LTD.
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