Vikalp Securities Ltd.

Vikalp Securities Ltd.

BBSE:VIKALPS
24.31
INR
-1.27
(-4.96%)
-0.33EPS
69.11MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.04
- -
1.29
1.2
1
0.92
0.71
0.63
0.65
0.71
0.86
0.46
- -
- -
Basic EPS, GAAP
0.55
0.29
0.28
0.26
0.19
-0.88
-0.16
-0.02
-0.07
-0.01
0.06
-2.42
-0.34
-0.33
Free Cash Flow per Basic Share
-1.9
-1.11
-1.65
2.09
0.02
-0.89
-0.57
-0.47
-0.93
-0.95
-0.34
-2.18
0.16
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
10.38
10.67
10.94
14.25
14.44
13.58
14.08
14.1
14.1
14.14
14.23
7.8
7.46
- -
Tangible Book Value per Share
10.38
10.67
10.94
14.25
14.44
13.58
14.08
14.1
14.1
14.14
14.23
7.8
7.46
- -
Basic Weighted Avg Shares
3
3
3
3
3
3
3
3
3
3
3
3
3
3
Sales/Revenue/Turnover
- -
- -
4
4
3
3
2
2
2
2
3
1
- -
- -
Operating Margin (%)
-1,296.12
- -
50.36
48.96
37.09
-8.22
4.02
-5.27
-6.44
3.2
8.58
-567.59
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
Net Income, GAAP
2
1
1
1
1
-3
- -
- -
- -
- -
- -
-7
-1
-1
Effective Tax Rate (%)
31.76
33.54
27.33
30.79
31.37
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
1,493.76
- -
21.33
21.39
19.16
-95.91
-22.69
-3.56
-10.01
-1.84
7.48
-524.66
- -
- -
Working Capital
20
21
23
26
26
24
23
26
26
26
26
22
21
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
32
33
33
43
44
41
43
43
43
43
43
24
23
- -
Return on Invested Capital (%)
3.75
1.91
1.79
1.64
1.66
- -
- -
- -
- -
- -
0.52
- -
- -
- -
Return on Capital (%)
3.75
3.57
3.06
2.49
1.52
- -
- -
- -
- -
- -
0.5
- -
- -
- -
Return on Common Equity (%)
5.39
2.74
2.55
2.03
1.33
-6.31
-1.16
-0.16
-0.46
-0.09
0.46
-21.96
-4.47
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
111
92
69

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
22
- -
Cash, Cash Equivalents & STI
- -
1
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
2
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-4.37%
Free Cash Flow
-402.04%
95.56%
-107.31%
Net Income, GAAP
-518.27%
-883.94%
-85.9%
Sales/Revenue/Turnover
-17.84%
-22.51%
-100%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.14
-0.22
0.01
-2.06
-2.42
2026
-0.08
-0.03
-0.13
-0.1
-0.34
2027
-0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Deepakbhai Kumar Ganeshbhai Patel
Full Time Employees
3
Sector
Finance
Industry
Investment banks/Brokers
Address
25 Kanpur UP India 208001
IPO Date
Nov 3, 1995
Business
Vikalp Securities Limited (VIKALPS.BO) engages in the business of dealing, trading and investing in shares and securities; finance activities including providing loans on interest from surplus funds; and investment management in India. The company, originally incorporated in 1986 as Vikalp Consultants Private Limited and renamed Vikalp Securities Limited effective November 23, 1994, following its initial public offer in 1995, maintains its headquarters at 25/38, Karachi Khana, Kanpur, Uttar Pradesh 208001, India, and lists its equity shares on the Bombay Stock Exchange and Calcutta Stock Exchange. It serves retail and institutional investors in the diversified financial services sector, primarily within the domestic Indian market, with a focus on capitalizing on market movements through technological advancements and global access. Recent major changes include significant boardroom transitions with the appointment of Dipakkumar Patel as Managing Director and Rajesh Kshatriya as Chief Financial Officer effective July 25, 2025; appointments of Deepakbhai Patel as additional non-executive non-independent director, Oshin Vaghela and Indira Vora as additional non-executive independent directors; appointment of Hetal Vaghela as Company Secretary and Compliance Officer effective November 20, 2024; resignations of directors Sonali Kejriwal, Sharad Tandon, Shobhit Tiwari effective November 14, 2024, along with the CFO and statutory auditors; an open offer process under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations involving pre- and post-offer advertisements, letter of offer, and recommendations from the independent directors' committee; and reporting of unaudited financial losses for quarters ended June 30, 2025, September 30, 2024, and December 31, 2024, with promoter holding increasing 45.3% over the last quarter amid low debt levels.