BSE · 519307 · Chemicals
Vikas WSP Ltd.
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹0 Cr with net profit ₹-27 Cr — a -10707.64% net margin, versus -13105.81% the period before.
Shareholding
As of 2026-03-31
- Promoter14.56%
- Public85.42%
- FII0%
- DII0.02%
63,317 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 2.01× from low to high.
Risk flags
Derived from disclosed data
- Under exchange surveillance — IBC. Trading may carry price bands, periodic call auction or higher margins.
Peer comparison
Chemicals · ranked #125 of 159 by market cap · medians across 50 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| Pidilite Industries Ltd. | ₹1,66,203 Cr | 286.99 | 15.34 | 22.61% | 16.77% |
| Solar Industries India Ltd. | ₹1,63,552 Cr | 298.65 | 26.06 | 26.72% | 17.05% |
| SRF Ltd. | ₹78,434 Cr | 134.79 | 5.59 | 13.07% | 11.9% |
| Linde India Limited | ₹57,119 Cr | 737.61 | 13.39 | 12.48% | 0.18% |
| Gujarat Fluorochemicals Ltd. | ₹50,111 Cr | 459.86 | 6.42 | 7.3% | 11.49% |
| Godrej Industries Ltd. | ₹43,596 Cr | 98.13 | 3.9 | 11.1% | 5.58% |
| Navin Fluorine International Ltd. | ₹38,803 Cr | 182.32 | 9.75 | 16.69% | 20.02% |
| Himadri Speciality Chem Limited | ₹38,633 Cr | 192.39 | 8.21 | 15.96% | 16.12% |
| Deepak Nitrite Ltd. | ₹22,924 Cr | 104.33 | 3.93 | 9.43% | 6.98% |
| Deepak Fertilisers & Petrochemicals Corp Ltd. | ₹20,733 Cr | 148.77 | 3.03 | 10.77% | 6.41% |
| Vikas WSP Ltd.(this company) | ₹19 Cr | -0.3 | 0.03 | -9.29% | 0% |
AI analysis
AI-generated · google/gemini-2.5-flashVikas WSP Ltd. (519307) operates in the Chemicals sector and has a market capitalization of Rs 20 Cr. The company reported a negative PE ratio of -0.3 and a Book Value of Rs 35.26. It has an EPS of 0, Return on Equity (ROE) of -9.29%, and Return on Capital Employed (ROCE) of -10.46%. The debt-to-equity ratio stands at 0.37. The company's 52-week high was Rs 1.61 and its 52-week low was Rs 0.8.
Positives
- +No strengths found from the provided data.
- +Debt-to-equity ratio of 0.37 is relatively low.
Negatives
- −The company's revenue has drastically declined from Rs 221.61 Cr in Mar 2021 to Rs 0.25 Cr in Mar 2024.
- −The company has reported consistent net losses, with a loss of Rs -26.62 Cr in Mar 2024.
- −Return on Capital Employed (ROCE) is significantly negative at -10.46%, indicating inefficient use of capital.
- −Promoter shareholding has decreased from 19.51% in Mar 2018 to 14.56% in Mar 2026.
- −A significant portion of promoter shares, 56.92%, are pledged as of Mar 2026.
- −The company is under IBC (Insolvency and Bankruptcy Code) surveillance.
- −No quarterly revenue has been reported since Dec 2024, with all quarterly revenues as 0.
Financial Performance
Vikas WSP Ltd. reported a significant drop in revenue over the last four financial years. Revenue decreased from Rs 221.61 Cr in Mar 2021 to Rs 0.25 Cr in Mar 2024. The company has consistently reported net losses, with a net loss of Rs -26.62 Cr in Mar 2024. Earnings Per Share (EPS) have also remained negative, at -1.29 in Mar 2024.
Profitability & Returns
The company's profitability metrics indicate significant challenges. It reported a negative Return on Equity (ROE) of -9.29% and a negative Return on Capital Employed (ROCE) of -10.46%. The profit margin for the latest period is 0. This reflects sustained operating losses and an inability to generate positive returns for shareholders or on capital employed.
Balance Sheet
Vikas WSP Ltd. has a debt-to-equity ratio of 0.37, indicating some reliance on debt financing. The book value per share is Rs 35.26. The company has a market capitalization of Rs 20 Cr, which is lower than its book value, suggesting underlying asset valuation concerns or sustained negative performance.
Ownership & Pledges
As of Mar 2026, promoter shareholding in Vikas WSP Ltd. stood at 14.56%, with 56.92% of the promoter shares pledged. Public shareholding was 85.42%, while DIIs held 0.02% and FIIs held 0.0005%. The promoter pledge percentage has increased from 44.64% in Mar 2018 to 56.92% in Mar 2026.
Regulatory & Surveillance
Vikas WSP Ltd. is currently under the Insolvency and Bankruptcy Code (IBC) surveillance measure, as indicated by the 'IBC' label. This suggests heightened regulatory oversight and potential financial distress for the company.
Data as of — price: 2026-07-29 · financials: Mar 24 · shareholding: Mar 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.