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Vikalp Securities Limited

Vikalp Securities Limited

VIKALPS.BO
Vikalp Securities LimitedIN flagBombay Stock Exchange
20.75
INR
-0.15
- -
63.33MMarket Cap
Vikalp Securities Limited
VIKALPS.BO
(Bombay Stock Exchange)

Recent

price

20.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
0.82
- -
- -
0.04
- -
1.29
1.2
1
0.92
0.71
0.63
0.65
0.71
0.86
- -
- -
- -
Revenue per Share
0.1
0.02
-0.48
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
Basic EPS, GAAP
-1.32
-1.65
-2.49
-1.9
-1.11
-1.65
2.09
0.02
-0.89
-0.57
-0.47
-0.93
-0.95
-0.34
-2.18
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
10.3
10.32
10
10.38
10.67
10.94
14.25
14.44
13.58
14.08
14.1
14.1
14.14
14.23
7.8
- -
9.97
Book Value per Share
10.3
10.32
9.84
10.38
10.67
10.94
14.25
14.44
13.58
14.08
14.1
14.1
14.14
14.23
7.8
- -
7.44
Tangible Book Value per Share
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
- -
3
Basic Weighted Avg Shares
2
- -
- -
- -
- -
4
4
3
3
2
2
2
2
3
- -
- -
- -
Sales/Revenue/Turnover
16.24
- -
- -
-1,296.12
- -
50.36
48.96
37.09
-8.22
4.02
-5.27
-6.44
3.2
8.58
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
-1
2
1
1
1
1
-3
- -
- -
- -
- -
- -
-7
-1
-1
Net Income, GAAP
23.62
- -
- -
31.76
33.54
27.33
30.79
31.37
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
12.41
- -
- -
1,493.76
- -
21.33
21.39
19.16
-95.91
-22.69
-3.56
-10.01
-1.84
7.48
- -
- -
- -
Profit Margin (%)
13
12
18
20
21
23
26
26
24
23
26
26
26
26
22
21
21
Working Capital
4
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
31
31
30
32
33
33
43
44
41
43
43
43
43
43
24
23
23
Total Equity
0.87
- -
- -
-2.22
-2.36
3.07
2.59
1.66
- -
- -
- -
- -
- -
0.52
- -
- -
- -
Return on Invested Capital (%)
0.87
- -
- -
3.73
3.57
3.06
2.49
1.52
- -
- -
- -
- -
- -
0.5
- -
- -
- -
Return on Capital (%)
0.99
0.15
-4.74
5.35
2.74
2.55
2.03
1.33
-6.31
-1.16
-0.16
-0.46
-0.09
0.46
-21.96
-3.83
-3.78
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
- -
3
Market Capitalization
70
111
92

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
24
- -
22
Cash, Cash Equivalents & STI
2
- -
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
- -
2
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-4.3%
Free Cash Flow
-402.04%
95.56%
-107.31%
Net Income, GAAP
-518.27%
-883.94%
-85.9%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
3
3
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
-0.02
- -
- -
0.06
2025
-0.14
-0.22
0.01
-2.06
-2.42
2026
-0.08
-0.03
-0.13
-0.1
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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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.