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Dossier · VIKAS PROPPANT & GRANITE LTD. · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
VIKAS PROPPANT & GRANITE LTD. BSE: 531518
Fast Moving Consumer Goods › Fast Moving Consumer Goods › Agricultural Food & other Products › Other Agricultural Products
VIKAS PROPPANT & GRANITE LTD.
StateQ3 FY22 filed
Last close · 28 Oct 2026₹0.26
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA— · 0.07 · —
VIKAS PROPPANT & GRANITE LTD. is a Agricultural Food & other Products company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY19–FY21 (all audited; no estimate years)
₹ crore · standalone
FY19
FY20
FY21
Revenue
53
7
24
EBITDA (ex other income)
52
5
(11)
margin %
97.7
72.4
(48.3)
Owners' profit
44
4
(11)
EPS, as reported (₹)
1.67
0.08
(0.22)
ROE % · ROCE %
22.4 · 19.6
2.0 · 2.0
(6.1) · (6.0)
Debt / equity (x)
0.32
0.29
0.26
Cash from operations
—
—
(16)
Capex
—
—
0
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · VIKAS PROPPANT & GRANITE LTD. · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
₹ crore
Q4 FY20
Q1 FY21
Q2 FY21
Q3 FY21
Q4 FY21
Q1 FY22
Q2 FY22
Q3 FY22
Revenue
2
13
9
0
2
0
0
0
Profit before tax
2
4
0
(0)
(16)
(0)
(0)
(0)
Net profit
1
3
(0)
(0)
(14)
(0)
(0)
(0)
EPS (₹)
0.03
0.06
(0.01)
(0.00)
(0.28)
(0.01)
0.00
0.00
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
Company
M.cap ₹ cr
P/E
P/B
EV/EBITDA
ROE %
ROCE %
Rev CAGR 5y %
EBITDA m. %
LT FOODS LIMITED
13,296
20.8
2.94
11.3
13.8
16.0
18.7
11.5
KRBL LIMITED
8,012
10.6
1.38
8.3
11.2
14.7
8.8
24.9
GUJARAT AMBUJA EXPORTS LT
6,614
15.9
2.01
12.4
9.2
11.7
4.0
17.0
KAVERI SEED CO. LTD.
3,616
14.6
2.06
9.8
16.9
17.0
6.1
40.1
TRUALT BIOENERGY LIMITED
3,233
23.0
2.05
12.7
6.1
4.8
—
23.5
INDRAYANI BIOTECH LTD.
2,966
22.3
29.05
217.6
1.9
0.2
45.6
8.2
AMIR CHAND JAG KUM (E) L
2,165
20.7
2.34
12.7
11.2
14.8
—
9.5
SANSTAR LIMITED
1,839
54.6
—
—
—
—
—
8.8
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
Metric
Company
Group median
Rank
Better than
P/B
0.1
1.5
2 of 51
98%
ROCE
(0.1)
4.1
52 of 67
23%
ROE
(0.1)
3.5
38 of 51
26%
Debt / Equity
0.3
0.4
25 of 51
52%
Profit growth
7.9
16.6
30 of 51
42%
Market cap
13
62
57 of 69
18%
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · VIKAS PROPPANT & GRANITE LTD. · 29 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
No filings in the window.
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
Where a broker report shows
This document shows
Why
A rating (BUY / ADD / REDUCE / SELL)
A state: the latest filed quarter and the measured reactions
an event is a fact; a rating is an opinion that requires SEBI RA registration
A target price and upside
The current price and the multiples against the group
a target is a forecast; a multiple is a measurement
Estimate years marked E
More audited years; no estimates
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Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
