Vikas Proppant & Granite Ltd (VIKASPROP) — shareholding pattern, promoter holding, financials and share price
About Vikas Proppant & Granite Ltd (VIKASPROP)
Vikas Proppant & Granite Ltd operates in the Other Agricultural Products industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as VIKASPROP and on the BSE under scrip code 531518. Its ISIN is INE767B01022.
Incorporated in 1994, Vikas Proppant & Granite Ltd is in the business of mining of Granite Blocks and manufacturing of Proppants. [1]
Vikas Proppant & Granite Limited, originally Adarsh Derivatives Limited, manufactures guar gum and its derivatives, primarily used in textiles, food processing, pharmaceuticals, and oil drilling.
The company operates a plant in Chandisar, Gujarat, producing guar splits, polymers, derivatives, and cattle feed, demonstrating significant production capacity.
Listed peers in Other Agricultural Products: Hindustan Agrigenetics Ltd, Khandelwal Extractions Ltd, Natura Hue Chem Ltd, Neopolitan Pizza and Foods Ltd, White Organic Agro Ltd, Alfavision Overseas (India) Ltd.
Valuation & Returns
10 Jul 2026At ₹0.28 a share on 10 Jul 2026, Vikas Proppant & Granite Ltd (VIKASPROP) was valued at a price-to-earnings ratio of -0.99x against an industry P/E of 33.81x and a price-to-book of 0.08x on a book value of ₹3.65 per share as of Mar 2021. Solomo computes return on equity of -7.76% and return on capital employed of -6.8% from filed results. Earnings ratios use standalone results for the twelve months Mar 2021 to Dec 2021.
- P/E
- -0.99x
- Industry P/E
- 33.81x
- P/B
- 0.08x
- EPS (TTM)
- ₹-0.28
- Book value / share
- ₹3.65
- ROE
- -7.76%
- ROCE
- -6.8%
- ROA
- -3.74%
- Debt / equity
- 0.26x
- Dividend yield
- 0%
- 52-week range
- ₹0.26 – ₹0.39
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2021In the year ended Mar 2021, Vikas Proppant & Granite Ltd (VIKASPROP) reported revenue of ₹24 crore, net profit of ₹-11 crore and earnings per share of ₹-0.22. That compares with revenue of ₹7 crore and net profit of ₹4 crore in Mar 2020. Figures are standalone, as filed with the exchanges.
In the quarter ended Dec 2021, net profit ₹-0.06 crore (standalone).
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 3 | 0 | 53 | 7 | 24 |
| Net profit (₹ cr) | -14 | -1 | 44 | 4 | -11 |
| EPS (₹) | -0.76 | -0.06 | 0.87 | 0.08 | -0.22 |
| Measure | 10Y | 5Y | 1Y |
|---|---|---|---|
| Sales growth | -16.13% | -27.30% | 239.08% |
| Profit growth | - | - | -390.56% |
Ownership Summary
Mar 2022As of Mar 2022, promoters hold 22.06% of Vikas Proppant & Granite Ltd (VIKASPROP) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0% and domestic institutional investors (DII) hold 0%. Market capitalisation was ₹14 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Mar 2022: Komal . 19.43%, HUF 1.03%, Sunil Palod 1.01%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2022 | 22.06% | - | 0% | 0% | 77.94% |
| Dec 2021 | 22.06% | - | 0% | 0% | 77.94% |
| Sep 2021 | 22.06% | - | 0% | 0% | 77.94% |
| Jun 2021 | 22.06% | - | 0% | 0% | 77.94% |
| Mar 2021 | 22.06% | - | 0% | 0% | 77.94% |
| Dec 2020 | 22.06% | - | 0% | 0% | 77.94% |
| Sep 2020 | 22.43% | - | 0% | 0% | 77.57% |
| Jun 2020 | 22.43% | - | 0% | 0% | 77.57% |