Vikas Proppant & Granite Limited

    Vikas Proppant & Granite Limited

    NNSE:VIKASPROP
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    INR
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    Enterprise Valuation

    As of December 31, 2021, Vikas Proppant & Granite Limited trades at an EV/EBITDA multiple of 205.03 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. Its EV/EBIT multiple of 205.03 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses.

    EV / EBITDA205.03
    EV / EBIT205.03

    Financial Position

    As of December 31, 2021, Vikas Proppant & Granite Limited maintains a current ratio of 1.96, meaning it holds 2.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 51.82, indicating elevated leverage, while an interest coverage ratio of -1,432.06 demonstrates limited ability to service its debt obligations.

    Current Ratio1.96
    Debt / Equity51.82
    Interest Coverage-1,432.06

    Margins

    Over the twelve months ended December 31, 2021, Vikas Proppant & Granite Limited posted a gross margin of -254.47, reflecting its pricing power and cost economics. The operating margin of -286.71 and net profit margin of -940.37 provide insight into operational efficiency.

    Gross Margin-254.47
    Operating Margin-286.71
    Pretax Margin-1,037.59
    Profit Margin-940.37
    EBITDA Margin-286.71

    Scores

    As of December 31, 2021, Vikas Proppant & Granite Limited has an Altman Z-Score of 0.26, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score0.26