Vikas Lifecare Limited was originally incorporated as Vikas Multicorp Limited in 1995. The Company changed its name from 'Vikas Multicorp Limited' to 'Vikas Lifecare Limited' by passing a Special Resolution upon change of name and fresh Certificate of incorporation was issued by the Registrar of Companies, NCT Delhi on April 09, 2021. Vikas Lifecare Limited is an India-based company engaged in the business of trading and manufacturing polymer and rubber compounds and specialty additives for plastics, and synthetic and natural rubbers. The Company is also engaged in the business of manufacturing polyvinyl chloride (PVC) compounds and agro-processing units. The Company operates through eight segments: Real estate Division, Trading Division-Polymers, Trading Division -Agro, Trading Division - Infrastructure, Manufacturing Division - Cashew Nuts, Manufacturing Division- Polymers, Business facilitation service, and Meter Installation.
Incorporated in 1995, Vikas Lifecare Ltd operates under four business segments:
- Trading: Base polymers, additives, and chemicals meant for plastic processing.
- Commodity Compounds: Manufacturing up-cycled polymer compounds like EVA, PVC, PP, PE etc.
- Environment Protection: Recycling and up-cycling of plastic waste to fulfill EPR (Extended Producer Responsibility).
- FMCG & Healthcare: Which can be further divided into different major segments including Smart product Business (Smart gas and water meters), Polymer & Chemical Business (Recycling materials, trading and manufacturing of Polymer Compounds), FMCG segment (Agro Product), Infra Products (Steel fittings & Steel Bars), Food grade piping system for Jal Jeevan Mission.
The company has diversified its operations across multiple business verticals. Vikas Lifecare Limited engages in the trading of polymers and polymer additive related chemicals, iron and steel, and plastic products in India. It operates through Real Estate Division, Trading & Manufacturing Division -Agro, Trading & Manufacturing Division -Polymers, Trading Division -Infrastructure, and Trading Division -Gas Meter segments. The company is involved in the real estate business; and develops technology for recycling and up-cycling of plastic waste. It also engages in the manufacturing of polymer compounds, including PE, PVC, polypropylene, thermo plastic rubber (TPR), EVA, and V blend SOE compounds; development of smart products comprising smart gas meters and power distribution solutions; supplying of food grade piping systems for drinking water; and other infrastructure products, such as drinking water pipes and fittings.
The Company operates in the business of recycling plastic waste and trading of polymer compounds, and manufacturing of polymer compounds. Until 2019, the business of the Company was engaged in the trading of various Polymer Compounds such as Ethylene-Vinyl Acetate (EVA Compounds), Polyvinyl Chloride Resins (PVC resins), Chlorinated Parrafin, Polyethylene Compound (PE Compounds) and Thermoplastic Rubber Compounds (TPR Compounds). However, subsequent to the acquisition of the 'Recycled and Trading Compounds Division' of group concern 'Vikas Ecotech Limited' under the Scheme of Arrangement, the Company started manufacturing Polymer Compounds.
- Market Capitalization: ₹484.21 Cr (as of 16 June 2025)
- 52-Week High: ₹6.03
- 52-Week Low: ₹2.28
- P/E Ratio: -45.64
- P/B Ratio: 1.01
The stock has witnessed significant volatility over the past year. Over the past 6 months, the Vikas Lifecare share price has decreased by 28.9%, and in the last one year, it has decreased by 39.6%. Vikas Lifecare Ltd has given a return of -26.71% in the last 3 years.
#### Annual Results FY25
For the financial year ended March 2025, the company reported challenging financial performance. For the full year, a net loss of ₹10.61 crore was reported, compared to a net profit of ₹14.03 crore during the previous year ended March 2024. Sales rose 7.69% to ₹480.02 crore in the year ended March 2025, as against ₹445.75 crore during the previous year ended March 2024.
Key financial highlights for FY25:
- Revenue: ₹480.02 crore (7.69% growth)
- Net Loss: ₹10.61 crore (vs profit of ₹14.03 crore in FY24)
- Operating Margin: -5.73% (vs 0.86% in FY24)
#### Quarterly Performance Q4 FY25
Net Loss for Vikas Lifecare in the quarter ended March 2025 was reported at ₹2.90 crore, compared to a net loss of ₹1.80 crore during the previous quarter ended March 2024. Sales rose 2.78% to ₹135.20 crore in the quarter ended March 2025, as against ₹131.54 crore during the previous quarter ended March 2024.
#### Recent Quarterly Results
The company has faced operational challenges in recent quarters.
- Q3 FY25 (ended Dec 2024): Net Loss of ₹6.81 crore, as against a net loss of ₹3.51 crore during the previous quarter ended December 2023. Sales rose 18.70% to ₹117.85 crore, as against ₹99.28 crore during the previous quarter ended December 2023.
- Q2 FY25 (ended Sep 2024): Net profit declined 67.35% to ₹2.39 crore, as against ₹7.32 crore during the previous quarter ended September 2023.
The promoters of Vikas Lifecare Ltd are VIKAS GARG and VIVEK GARG. They collectively own 14.18% of the total equity. Promoter holding in Vikas Lifecare Ltd has gone up to 14.20% as of Mar 2025 from 14.20% as of Jun 2024.
Vikas Lifecare Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents · Notebook · ₹ 2.59 0.39% 04 Jul - close price · vikaslifecarelimited.com. The company's shares are actively traded on both NSE and BSE under the symbol VIKASLIFE, providing investors with adequate liquidity for trading purposes.
The company continues to focus on its diversified business model spanning polymer manufacturing, environmental protection through plastic waste recycling, smart product development, and infrastructure products. With the growing emphasis on environmental sustainability and the government's focus on initiatives like Jal Jeevan Mission, the company is positioned to capitalize on opportunities in water infrastructure and plastic waste management sectors.
