Vikas WSP (BSE: VIKASWSP) is loss-making over the last 12 months, losing ₹59 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹0.84, 44% below its 52-week high. Debt is 0.43× equity. It is a small-cap company with a market cap of ₹17 Cr, ranked 192nd of 204 Specialty Chemicals companies by market cap; the shares fell 33% over the past year.
- ₹0.90
- ₹0.90
- ₹0.83
- ₹0.86
- 60.1K
Health check
- ReturnsBehind
−33.3% over a year, better than 0 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityNegative
ROCE -14.8% vs peer median 24.4%.
- Balance sheetSolid
Debt 0.43× equity.
- Red flags3 to check
Loss-making over the last twelve months.
Small cap
Defensive
Key metrics
- Market cap
- ₹17 Cr
- Small cap
- P/E
- n/a
- Industry 22.1
- Price to book
- 0.02
- Peers 13.33
- Dividend yield
- 0.00%
- ROE
- −8.9%
- Peers 23.0%
- ROCE
- −14.8%
- Peers 24.4%
- Debt to equity
- 0.43
- Debt ₹307 Cr
- EPS (TTM)
- −₹2.83
- OPM (TTM)
- 0.0%
- Net margin 0.0%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- n/a
- EV/EBITDA −4.4
Strengths and risks
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −8.9%.
- 44% below its 52-week high.
About Vikas WSP
Vikas WSP Limited does not have significant operations. Previously, it was engaged in the manufacture and sale of guar gum powder. The company was incorporated in 1988 and is based in Sriganganagar, India.
- Headquarters
- Sriganganagar
- Sector
- Basic Materials
- ISIN
- INE706A01022
- Website
- vikaswspltd.in
Price range
- Avg volume (3M)
- 96.7K
- 1-year return
- minus 33.3%
- From 52-week high
- minus 43.6%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 15.3% | 0.15 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.1% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| VIKASWSPVikas WSP | 0.84 | minus 2.33% | 17 | – | – | −14.8% | 0.0% | 0.43 | – | minus 33.3% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.1% | 0.21 | 5.8% | 6.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| −0.3 | −0.3 | −0.2 | −106 | −0.2 | |
| 0.1 | 0 | 0.1 | 0.1 | 0 | |
| 8.5 | 8.5 | 8.5 | −25.1 | 0.1 | |
| −8.8 | −8.8 | −8.7 | −81.3 | −0.3 | |
| – | – | – | 49.9% | – | |
| −8.8 | −8.8 | −8.7 | −40.7 | −0.3 | |
| -0.43 | -0.43 | -0.43 | -1.96 | -0.01 |
Profit & loss
- ROE
- −8.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −2 | −1.6 | −1.6 | −107 | |
| 0.2 | 0.2 | 0.3 | 0.3 | |
| 0 | 0 | – | – | |
| 34.2 | 34.2 | 34.2 | 0.5 | |
| −35.9 | −35.5 | −35.5 | −108 | |
| 8.9% | 25.0% | 25.0% | 37.7% | |
| −32.7 | −26.6 | −26.6 | −67 | |
| -1.59 | -1.30 | -1.30 | -3.25 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20.4 | 20.4 | 20.4 | 20.4 | |
| 820 | 793 | 767 | 700 | |
| 307 | 307 | 307 | 307 | |
| 351 | 352 | 354 | 355 | |
| 1,498 | 1,473 | 1,448 | 1,382 | |
| 532 | 498 | 463 | 463 | |
| 0.2 | 0.2 | 0.2 | – | |
| 0 | 0 | 0 | 0 | |
| 5.1 | 5.5 | 5.2 | 5.5 | |
| 961 | 969 | 979 | 914 | |
| 1,498 | 1,473 | 1,448 | 1,382 |
Cash flow
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| −0.9 | 0.1 | 0 | 0 | |
| 0.1 | – | – | – | |
| −0.8 | 0.1 | 0 | 0 | |
| −0.9 | 0.1 | 0 | 0 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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