530477-BOM

Vikram Thermo (India) Ltd.

BSE: 530477

Sector: Chemicals

Industry Group: Chemicals & Petrochemicals

Industry: Commodity Chemicals

242.00+0.0 (+0.00%)

10 Jul, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

99.7 / 100

Value Score

52.2 / 100

Price Momentum Score

94.7 / 100

QVM Score

98.5 / 100

Key Metrics

Market Cap

758.86

P/E (TTM)

19.71

P/B

4.84

P/S (TTM)

5.66

EV/EBITDA

13.62

CAPE (5Y)

38.74

ROE (TTM)

27.66

ROCE (TTM)

35.31

ROA (TTM)

23.07

Avg 3Y ROE

19.85

Earnings 3Y CAGR

31.56

Sales 3Y CAGR

6.33

Sales 5Y CAGR

12.75

Debt/Equity

0.03

Consensus TP

Strong Buy %

Promoter Holding

66.01

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Vikram Thermo (India) Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 94.7 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

94.7 / 100

High and improving ROE

The company reported strong ROE of 27.66% for 12-month ended 31 Mar 2026 and ROE improved by 2077 bps from 1 year ago

What is ROE (FY)?

High and improving operating margin

The company reported strong operating margin of 38.09% for 12-month ended 31 Mar 2026 and operating margin improved by 467 bps from 1 year ago

What is Operating profit margin?

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 357.46% for 12-month ended 31 Mar 2026 and the growth was 336.21 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.03 as on 31 Mar 2026 and Debt to Equity decreased marginally by 0.02 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Low revenue growth and in line with median growth of industry

The company delivered low revenue growth of 6.23% for 12-month ended 31 Mar 2026 and the growth was 0.38 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 6.61

Value 6.23

-99.811800.85

Low dividend yield

The company has a low dividend yield of 0.41%

What is Dividend yield?

Neutral

Stock appears to be reasonably valued

PE TTM of 19.71 indicates that the stock is reasonably valued on a standalone basis. Discount to industry median P/E is modest at -5.42%

What is P/E Ratio?

Median: 20.84

Value 19.71

0.03712.63

Company's earnings are of moderate quality

Earnings quality score of 68.0 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

68.0 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Vikram Thermo (India) Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Vikram Thermo (India) Ltd. Shareholding Pattern

Quarterly breakdown of Vikram Thermo (India) Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Total Promoter	65.40	65.40	65.40	65.50	65.50	65.57	65.57	65.57	65.58	65.58	65.58	65.58	65.58	65.58	65.94	65.94	65.94	65.94	65.94	65.94	65.94	66.00	66.00	66.00	66.01
Indian Promoter	65.40	65.40	65.40	65.50	65.50	65.57	65.57	65.57	65.58	65.58	65.58	65.58	65.58	65.58	65.94	65.94	65.94	65.94	65.94	65.94	65.94	66.00	66.00	66.00	66.01
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	0.00	0.00	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	34.59	34.59	34.60	34.50	34.50	34.43	34.43	34.43	34.42	34.42	34.42	34.42	34.42	34.42	34.06	34.06	34.06	34.06	34.06	34.06	34.06	34.00	34.00	34.00	33.99
Bodies Corporate	0.38	0.39	0.41	0.59	0.56	0.63	0.63	0.52	0.54	0.66	0.61	0.58	0.87	0.87	0.80	1.00	0.84	0.73	0.79	0.73	0.93	1.07	1.06	1.07	1.21
Others (incl. Retail) No. of shareholders	34.21 2,936	34.20 3,013	34.19 3,604	33.91 3,489	33.94 3,581	33.80 3,801	33.80 4,866	33.91 4,867	33.88 4,940	33.76 11,785	33.81 11,302	33.84 10,526	33.55 10,320	33.55 10,230	33.26 11,027	33.06 11,215	33.22 12,164	33.33 14,480	33.27 14,060	33.33 13,921	33.13 13,576	32.93 13,239	32.94 12,656	32.93 12,098	32.78 11,671

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

Vikram Thermo (India) Ltd. is not part of any tracked index.

Prominent Investor Holdings

Dheeraj Kumar Lohia and Associates

Mar 2022

2.24%

₹ 3 Cr

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Vikram Thermo (India) Ltd. shares as reported to NSE and BSE.

No bulk, block or insider trade data available.

Corporate Actions

History of Vikram Thermo (India) Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 1/share
Record date: 19th Sep 2025Ex-date: 19th Sep 2025
Announced on: 26th May 2025
Dividend₹ 0.75/share
Record date: 23rd Sep 2024Ex-date: 23rd Sep 2024
Announced on: 30th Aug 2024
Others
Ex-date: 21st May 2024Announced on: 21st Jul 2023
"As part of Demerger each shareholder entitled to receive 1 common share of Vikram Aroma Limited for every 10 common share held."
Dividend₹ 0.50/share
Record date: 15th Sep 2023Ex-date: 15th Sep 2023
Announced on: 29th May 2023
Dividend₹ 0.30/share
Record date: 10th Sep 2022Ex-date: 8th Sep 2022
Announced on: 30th May 2022

Company Profile

Overview of Vikram Thermo (India) Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Vikram Thermo (India) Limited is an India-based pharmaceutical company. The Company is primarily engaged in the business of manufacturing of chemicals. It is engaged in manufacturing and selling of basic pharma co-polymer drug coat, diphenyl oxide, and others. The Company have both range of products...

Key personnel

Mrs. Switi Patel

Chief Financial Officer

Shri. S. R. Sanghavi

Company Secretary

Shri. Dhirajlal Karsandas PatelD

Chairman of the Board, Managing Director

Shri. Ambalatbhai K. PatelD

Executive Director

Mr. Ankur PatelD

Whole Time Director

Mr. Dinesh H. PatelD

Whole Time Director

Mr. Vipulkumar PatelD

Independent Director

Mr. Dineshkumar Dahyalal MistryD

Additional Non-Executive Independent Director

View all

Incorporated on

11 Mar 1994

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

20 Mar 1995

Free Float

88,10,677

Website

https://www.vikramthermo.com

Phone no.

+917948481010

Address

A/704-714, The Capital, Science City Road, AHMEDABAD, 380060, India

Frequently Asked Questions

What is the current share price of Vikram Thermo (India) Ltd.?

The current share price of Vikram Thermo (India) Ltd. is ₹ 242.00 as of 10 Jul 2026.

What is the market capitalisation of Vikram Thermo (India) Ltd.?

The market capitalisation of Vikram Thermo (India) Ltd. stands at ₹ 758.86 Cr.

What is the PE ratio of Vikram Thermo (India) Ltd.?

The Price-to-Earnings (PE) ratio of Vikram Thermo (India) Ltd. is 19.71 as of the latest trailing twelve months data.

What is the ROE and ROCE of Vikram Thermo (India) Ltd.?

Vikram Thermo (India) Ltd. has a Return on Equity (ROE) of 27.66% and a Return on Capital Employed (ROCE) of 35.31% as per the latest financial reports.

What is the 52-week high and low of Vikram Thermo (India) Ltd.?

The 52-week high of Vikram Thermo (India) Ltd. is - and the 52-week low is -.

What is the dividend yield of Vikram Thermo (India) Ltd.?

The dividend yield of Vikram Thermo (India) Ltd. is 0.41% based on the current market price.

What is the FII and DII holding in Vikram Thermo (India) Ltd.?

Foreign Institutional Investors (FII) hold 0.00%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 32.78% of Vikram Thermo (India) Ltd. shares.

What sector does Vikram Thermo (India) Ltd. belong to?

Vikram Thermo (India) Ltd. operates in the Chemicals sector.

What is the beta of Vikram Thermo (India) Ltd.?

The beta of Vikram Thermo (India) Ltd. is 0.72, indicating its price volatility relative to the broader market. Over the past 1 year, Vikram Thermo (India) Ltd. has delivered an absolute return of 54.83%.

What is the RSI of Vikram Thermo (India) Ltd.?

The 14-day Relative Strength Index (RSI) of Vikram Thermo (India) Ltd. is 65.69, placing it approaching overbought territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

Vikram Thermo (India) Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Vikram Thermo (India) Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Holdings and Presence

Corporate Actions