Vikas Lifecare Limited
1.15
INR
-0.02
(-1.71%)
ISIN
INE161L01027
Return %
Stock
S&P 500
1Y
-46.01
14.20
3Y
-76.53
81.12
5Y
-70.04
68.34
Capital Structure
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Sundeep Kumar Dhawan
- Full Time Employees
- 36
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Vikas Apartments New Delhi DE India 110026
- IPO Date
- May 8, 2019
- Website
- vikaslifecarelimited.com
- Similar Companies
- Business
- Vikas Lifecare Limited engages primarily in the manufacturing and trading of specialty chemicals, polymers, rubber compounds, and additives for plastics. Its product portfolio includes base polymers, polymer additives, commodity compounds such as EVA, PVC, PP, and PE, as well as upcycled recycled plastic compounds. The company also operates in the environment protection segment focused on recycling and upcycling plastic waste to produce industrial products like pallets and interlocking tiles. Additionally, Vikas Lifecare has diversified into FMCG and agro products, including premium and organic rice, and infrastructure products. The company provides smart infrastructure products through its subsidiary Genesis Gas Solutions Private Limited, which develops smart gas meters and power distribution solutions. Founded in 1995 and headquartered in New Delhi, India, Vikas Lifecare operates primarily in India and Ghana, with recent expansions through acquisitions and strategic partnerships internationally. The company changed its name from Vikas Multicorp Limited to Vikas Lifecare Limited in April 2021. It has recently made significant moves including acquiring a 75% stake in Genesis Gas Solutions to expand into smart infrastructure products, acquiring a 60% stake in Dubai-based SKY 2.0 Club, the largest nightclub in the Middle East and Asia, and a 50% stake in UAE-based Portfolio Managing Events LLC. These acquisitions mark a diversification into entertainment and international markets, alongside continued growth in its core chemical and polymer segments. In 2024 and 2025, Vikas Lifecare entered a strategic collaboration with premier Indian institutions including the Defence Electronic Applications Laboratory (DEAL) under DRDO, Indian Institute of Technology (IIT) Delhi, and CSIR-National Physical Laboratory (CSIR-NPL) to advance research and development of nano composites for EMI shielding applications. This collaboration supports commercial, military, and scientific electronic devices and communication instruments. The company also secured significant orders in its agro products division, exceeding INR 500 million, focusing on organic and premium rice varieties. Vikas Lifecare participates in diverse sectors through four main business segments: polymer and chemical business (manufacturing and trading of polymer compounds and specialty chemicals), environment protection (plastic waste recycling and upcycling), FMCG and agro business (premium and organic agro products), and smart product solutions through its subsidiaries. The company targets both B2B and B2C markets and continues to expand its footprint via acquisitions, joint ventures, and tie-ups, including an ongoing acquisition deal as part of a consortium for the restructuring of Ebix Inc. in the United States. Overall, Vikas Lifecare Limited stands as an integrated specialty chemicals and polymers provider that has strategically expanded into smart infrastructure and diversified consumer sectors, backed by strong research collaborations and international acquisitions, with an emphasis on sustainability through recycling and upcycling initiatives.