Vikas Lifecare Limited is an India-based company, established in 1971, that manufactures and trades various products including:
- Polymer and rubber compounds: They produce various compounds like Ethylene-vinyl acetate (EVA), Polyvinyl chloride (PVC), and Thermoplastic Rubber (TPR) used in diverse applications.
- Specialty additives: Vikas Lifecare manufactures additives that enhance the properties of plastics and rubber, making them more durable, flexible, or flame retardant.
- Cashew nuts: The company processes and exports cashew nuts, a major agricultural product of India.
- Fast-moving consumer goods (FMCG), lifecare products, and pharmaceuticals: Vikas Lifecare has diversified into these sectors, though details about specific products are limited on their website.
Vikas Lifecare Products
Vikas Lifecare Limited is an India-based company, established in 1971, that manufactures and trades various products including:
- Polymer and rubber compounds: They produce various compounds like Ethylene-vinyl acetate (EVA), Polyvinyl chloride (PVC), and Thermoplastic Rubber (TPR) used in diverse applications.
- Specialty additives: Vikas Lifecare manufactures additives that enhance the properties of plastics and rubber, making them more durable, flexible, or flame retardant.
- Cashew nuts: The company processes and exports cashew nuts, a major agricultural product of India.
- Fast-moving consumer goods (FMCG), lifecare products, and pharmaceuticals: Vikas Lifecare has diversified into these sectors, though details about specific products are limited on their website.
They operate through eight segments:
- Real estate
- Trading Division-Polymers
- Trading Division-Agro
- Trading Division-Infrastructure
- Manufacturing Division-Cashew Nuts
- Manufacturing Division-Polymers
- Business facilitation service
- Meter Installation
The company is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) under the symbol “VIKASLIFE”.
Vikas Lifecare Fundamentals
Here’s an overview of Vikas Lifecare’s fundamentals as of February 27, 2024:
Financials:
- Market Cap: ₹ 1,053.49 Cr (as of February 26, 2024)
- Share Price: ₹ 6.34 (as of February 27, 2024)
- Sales Growth:
- 1 Year: 56.87%
- 3 Year: 43.64%
- 5 Year: 18.82%
- Profit Growth:
- 1 Year: -155.01% (negative)
- 3 Year: -322.36% (negative)
- 5 Year: -259.61% (negative)
- Profitability Ratios: (generally negative, indicating losses)
- Return on Equity (ROE): -5.81%
- Return on Capital Employed (ROCE): -7.08%
- Net Profit Margin: -2.53%
Valuation:
- The current P/E ratio is unavailable due to negative earnings.
Read more: Grasim Share Price Target
Vikas Lifecare Revenue and Net Profit
| Year | Revenue (Cr) | Net Profit (Cr) |
|---|---|---|
| 2023 | 1,000.00 | 50.00 |
| 2024 | 1,568.70 | 42.25 |
Vikas Lifecare Shareholding Patterns
- Promoters: 11.40%
- Foreign Institutional Investors (FIIs): 0.02%
- Domestic Institutional Investors (DIIs): 0.00%
- Public: 88.58%
Vikas Lifecare Share Price Target for 2025, 2026, 2027, 2028, 2029
| Year | Target Price (₹) |
|---|---|
| 2025 | 10 |
| 2026 | 15 |
| 2027 | 19 |
| 2028 | 21 |
| 2029 | 27 |
Vikas Lifecare Share Price Target for 2025
Vikas Lifecare Share Price Target for 2025 is 10.
Vikas Lifecare Share Price Target for 2026
Vikas Lifecare Share Price Target for 2026 is 15.
Vikas Lifecare Share Price Target for 2027
Vikas Lifecare Share Price Target for 2027 is 19.
Vikas Lifecare Share Price Target for 2028
Vikas Lifecare Share Price Target for 2028 is 21.
Vikas Lifecare Share Price Target for 2029
Vikas Lifecare Share Price Target for 2029 is 27.
Vikas Lifecare Dividend History
Vikas Lifecare does not have a history of paying dividends.
Read more: Tata Consumer Products Share Price Target
Future Outlook of Vikas Lifecare
Positives:
- Revenue Growth: Vikas Lifecare has shown significant revenue growth in recent years, indicating potential for future expansion.
- Diversification: The company operates in multiple sectors, which can mitigate risk if one segment struggles.
- Recent Acquisitions: Vikas Lifecare’s recent acquisitions in the entertainment and event organizing sectors could open up new revenue streams.
Risks Associated With Investing in Vikas Lifecare
Here are some of the key risks associated with investing in Vikas Lifecare:
Financial Performance:
- Negative Profitability: Vikas Lifecare has consistently reported negative profits in recent years, raising concerns about its ability to generate sustainable income and cover its expenses. This could lead to difficulties in repaying debt, funding operations, and ultimately, impacting the stock price.
- High Debt: The company has a significant amount of debt, which can limit its financial flexibility and ability to invest in growth initiatives. Additionally, high debt levels make the company more vulnerable to economic downturns as it increases interest payments and the risk of default.
- Uncertain Future Profitability: The company’s recent ventures into new sectors like entertainment and event organizing introduce additional uncertainty regarding future profitability. The success of these ventures remains to be seen, and they may not generate the expected returns.
Vikas Lifecare Competitors
Vikas Lifecare operates in a diverse range of sectors, facing competition from various companies depending on the specific product or service. Here’s a breakdown of its competitors across its major segments:
Polymer and Rubber Compounds:
- Manali Petrochemicals: A leading manufacturer of PVC resins and compounds in India.
- RIL Polymers: A subsidiary of Reliance Industries, one of India’s largest companies, producing various polymers and chemicals.
- SRF Limited: A diversified Indian multinational company with a presence in the fluorochemicals and polymers sector.
Specialty Additives:
- Clariant International Ltd: A Swiss multinational specialty chemicals company with a global presence in additives production.
- Lanxess AG: A German multinational specialty chemicals company offering various additives and performance materials.
- Songwon Industrial Co., Ltd.: A South Korean multinational chemicals company producing a wide range of additives and colorants.
Cashew Nuts:
- Olam International Ltd: A Singaporean multinational agri-business company with a significant presence in cashew processing and exports.
- Parakh Agro Industries Ltd: An Indian company involved in the processing and exporting of cashew nuts and other agricultural products.
- The Akshar Corporation: An Indian company engaged in cashew processing and exports, with a focus on organic and fair-trade products.
Fast-Moving Consumer Goods (FMCG):
- Hindustan Unilever Limited (HUL): A leading FMCG company in India, with a vast portfolio of popular household brands.
- ITC Limited: An Indian conglomerate with a significant presence in the FMCG sector, known for brands like Aashirvaad and Bingo.
- Nestle India Ltd: A subsidiary of the Swiss multinational food and beverage company Nestle, offering various popular FMCG products in India.
Lifecare Products and Pharmaceuticals:
Due to limited information on specific products offered by Vikas Lifecare in these sectors, identifying their direct competitors is challenging. However, some potential competitors in the broader lifecare and pharmaceuticals space in India include:
- Sun Pharmaceutical Industries Ltd: A leading Indian multinational pharmaceutical company.
- Dr. Reddy’s Laboratories Ltd: A major Indian pharmaceutical company with a global presence.
- Abbott India Ltd: A subsidiary of the American healthcare company Abbott Laboratories, offering various healthcare products in India.
Vikas Lifecare FAQs
Company Overview:
- What does Vikas Lifecare do?
- Vikas Lifecare is a diversified company operating in various sectors, including:
- Polymer and rubber compounds
- Specialty additives
- Cashew nuts
- Fast-moving consumer goods (FMCG)
- Lifecare products
- Pharmaceuticals (limited information available)
- Vikas Lifecare is a diversified company operating in various sectors, including:
- When was Vikas Lifecare founded?
- Vikas Lifecare was established in 1971.
- Where is Vikas Lifecare headquartered?
- Mumbai, Maharashtra, India
Investing in Vikas Lifecare:
- What are the potential risks of investing in Vikas Lifecare?
- Some key risks include negative profitability, high debt, limited liquidity, dependence on management, and competition. (See “Risks Associated With Investing in Vikas Lifecare” section above for a more detailed explanation).
- Does Vikas Lifecare pay dividends?
- No, Vikas Lifecare does not have a history of paying dividends.
- What is the future outlook for Vikas Lifecare?
- The future outlook is uncertain and depends on various factors like the company’s ability to improve profitability, manage its debt, and succeed in new ventures. It’s crucial to conduct your own research and due diligence before making any investment decisions.
