1. India Stocks

  2. •

    Consumer Defensive

  3. •

    Food Distribution
Vikas WSP Limited

Vikas WSP Limited

VIKASWSP.BO
Vikas WSP LimitedIN flagBombay Stock Exchange
0.96
INR
-0.02
- -
196.26MMarket Cap
Vikas WSP Limited
VIKASWSP.BO
(Bombay Stock Exchange)

Recent

price

0.96

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
3,972.74
77.38
211.46
75.42
57.2
41.69
14.09
37.94
40.57
37.06
10.84
1.13
- -
- -
- -
- -
- -
Revenue per Share
889.32
11.25
25.07
0.22
0.48
-26.16
-6.11
1.58
2.38
1.04
-5.6
-8
-1.59
-1.3
-1.3
- -
-3.27
Basic EPS, GAAP
82.93
5.21
-1.83
-3.61
4.06
2.23
0.42
-3.68
-0.26
1.19
-0.01
-0.05
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
50
0.75
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
100
40.11
61.5
62.89
63.36
37.22
31.08
25.17
25.79
25.85
20.5
12.52
10.86
1
8.34
- -
1
Book Value per Share
6,767.1
77.76
101.66
103.05
103.52
77.37
71.24
58.04
57.05
56.01
50.66
42.68
40.82
39.8
38.46
- -
35.24
Tangible Book Value per Share
1
137
137
137
137
137
137
184
197
204
204
204
206
204
205
- -
205
Basic Weighted Avg Shares
5,460
10,636
29,064
10,365
7,861
5,729
1,936
6,963
8,000
7,576
2,216
231
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
26.56
23.83
18.64
3.29
-6.56
-38.4
-24.78
10.28
4.71
3.1
-34.9
-207.36
- -
- -
- -
- -
- -
Operating Margin (%)
408
448
454
458
347
350
347
347
345
344
344
342
342
342
342
5
5
Depreciation Expense
1,222
1,547
3,445
30
65
-3,596
-840
290
469
213
-1,145
-1,635
-327
-266
-266
-670
-670
Net Income, GAAP
6.78
32.35
33.38
38.59
33.72
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
22.39
14.54
11.85
0.29
0.83
-62.76
-43.39
4.16
5.87
2.82
-51.68
-708.07
- -
- -
- -
- -
- -
Profit Margin (%)
499
2,027
5,305
5,819
4,329
390
-119
894
1,659
1,462
725
-697
-711
-721
-731
-1,574
-1,574
Working Capital
975
200
40
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
9,301
10,688
13,972
14,163
14,228
10,634
9,791
10,651
11,252
11,451
10,357
8,725
8,401
8,137
7,872
7,209
7,209
Total Equity
14.03
15.66
26.65
1.32
-2.11
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
128.81
45.57
44.15
2.19
2.17
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
889.32
54.75
49.34
0.35
0.75
-52.02
-17.9
6.51
9.67
4.12
-24.17
-48.44
-13.65
-21.82
-27.85
-70.1
-70.1
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
3,067
- -
3,067
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
204
- -
204
Market Capitalization
283
236
168

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
5,829
- -
4,996
Cash, Cash Equivalents & STI
55
- -
55
Accounts Receivable, Net
5,751
- -
4,920
Inventories
21
- -
21
Total Current Liabilities
6,564
- -
6,570
Payables & Accruals
- -
- -
- -
ST Debt
3,067
- -
3,067
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.56%
-6.86%
-8.41%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-74.42%
19.16%
151.69%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

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

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.43
-0.43
- -
- -
-1.3
2025
-0.43
-0.43
-0.43
-0.02
-1.3
2026
-0.43
-0.43
-0.43
-1.96
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Vikas WSP Limited manufactures and exports guar gum powder and water-soluble polymers derived from guar gum, serving the food, pharmaceutical, oil and gas, personal care, and industrial sectors worldwide; key products include food-grade guar gum for applications in baked goods, dairy, ice cream, chocolates, and stabilizers such as organic EcoGuar and aroma-free guar gum (AFGG) processed via Maillard reaction technology to eliminate off-flavors; pharmaceutical-grade variants; hydroxypropyl guar (HPG) and carboxymethyl hydroxypropyl guar (CMHPG) for oil and gas hydro-fracturing and exploration; plus specialized offerings for e-cigarette manufacturing, coconut milk production, textile printing, paper making, explosives, and mining. The company, founded in 1988 and headquartered in Sri Ganganagar, Rajasthan, India, operates primarily export-oriented units in Rajasthan with a production capacity exceeding 46,000 metric tons annually, positioning it as India's largest and among the world's leading guar gum producers; it supports global operations across all continents through a portfolio of over 84 tailor-made products, backed by ISO 9001, HACCP, and GMP certifications, and promotes sustainable guar cultivation by supplying organic seeds and training to local farmers. Recent developments include fundraising of Rs 155 crore through preferential allotment to partially finance a Rs 220 crore expansion and modernization plan, establishment of a dedicated research and development facility with Rs 25 crore investment, ongoing capacity enhancements via new facilities in Rajasthan and Baroda for advanced HPG and CMHPG output, and introduction of innovative products like AFGG to meet stringent food industry sensory requirements.