Vikas Proppant & Granite Ltd.
NSE: VIKASPROP · Other Agricultural Products
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Snapshot
Unlock Vikas Proppant & Granite Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Vikas Proppant & Granite Ltd is primarily engaged in the mining of granite blocks and the manufacturing of proppants derived from granite waste. The company is currently diversifying its operations into the real estate and construction sectors, focusing on government-backed housing and infrastructure projects.
Business Model
The company generates revenue through the extraction and sale of granite blocks and the production of oil fracturing proppants. It is transitioning toward a model centered on government infrastructure tenders and affordable housing development projects.
Management Commentary
Management is actively pivoting the company's strategic focus toward the construction and real estate sectors to leverage national infrastructure development schemes.
Growth Outlook
Growth is expected to be driven by participation in government-led initiatives such as the Pradhan Mantri Awas Yojana and various multilevel infrastructure development tenders.
Key Risks
- Execution Risk. The company faces significant challenges in successfully transitioning from a mining and manufacturing background to large-scale real estate and infrastructure construction.
- Regulatory and Policy Risk. Reliance on government tenders and housing schemes makes the company vulnerable to changes in public policy and delays in project approvals.
- Commodity Price Volatility. The granite and proppant business segments are subject to fluctuations in global demand and raw material pricing.
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Peers · Other Agricultural Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Vikas Proppant & Granite Ltd.VIKASPROP | ₹13 Cr | — | — | — | 1.0% | — | — | -27.8% |
Bombay Super Hybrid Seeds LimitedBSHSL | ₹898 Cr | 30.42 | 26.04 | 8.0% | 10.1% | 24.3% | 30.9% | -33.9% |
Mangalam Global Enterprise LimitedMGEL | ₹510 Cr | 10.65 | 8.83 | 41.4% | 2.3% | 19.0% | 34.2% | -10.3% |
Sukhjit Starch & Chemicals LimitedSUKHJITS | ₹508 Cr | 13.80 | 7.61 | -0.9% | 7.5% | 6.2% | 10.2% | -7.6% |
Modi NaturalsMODINATUR | ₹469 Cr | 8.20 | 8.00 | 7.3% | 10.9% | 35.6% | 29.7% | -23.4% |
Sarveshwar FoodsSARVESHWAR | ₹451 Cr | 6.25 | 9.78 | 16.4% | 5.1% | 8.4% | 17.4% | -43.9% |
As of Mar 2021
Financials
Vikas Proppant & Granite Ltd.
NSE: VIKASPROP · Other Agricultural Products
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Vikas Proppant & Granite Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Vikas Proppant & Granite Ltd is primarily engaged in the mining of granite blocks and the manufacturing of proppants derived from granite waste. The company is currently diversifying its operations into the real estate and construction sectors, focusing on government-backed housing and infrastructure projects.
Business Model
The company generates revenue through the extraction and sale of granite blocks and the production of oil fracturing proppants. It is transitioning toward a model centered on government infrastructure tenders and affordable housing development projects.
Management Commentary
Management is actively pivoting the company's strategic focus toward the construction and real estate sectors to leverage national infrastructure development schemes.
Growth Outlook
Growth is expected to be driven by participation in government-led initiatives such as the Pradhan Mantri Awas Yojana and various multilevel infrastructure development tenders.
Key Risks
- Execution Risk. The company faces significant challenges in successfully transitioning from a mining and manufacturing background to large-scale real estate and infrastructure construction.
- Regulatory and Policy Risk. Reliance on government tenders and housing schemes makes the company vulnerable to changes in public policy and delays in project approvals.
- Commodity Price Volatility. The granite and proppant business segments are subject to fluctuations in global demand and raw material pricing.
Start your research today
Unlock AI insights, financials, peers and live data on Vikas Proppant & Granite Ltd. and 5,000+ companies — free.
Peers · Other Agricultural Products
As of Mar 2021