Vikram Thermo

Why is Vikram Thermo (India) Ltd falling/rising?

As of 15-Aug, Vikram Thermo (India) Ltd's stock price has risen to Rs. 290.10, reflecting a 4.99% increase, supported by strong historical performance and increased investor interest. The stock has outperformed the Sensex significantly, reaching a new 52-week high and showing consistent gains over recent days.

As of 15-Aug, Vikram Thermo (India) Ltd is experiencing a rise in its stock price, currently at Rs. 290.10, which reflects an increase of Rs. 13.8 or 4.99%. This upward movement is supported by several key factors. The stock has shown strong performance over various time periods, with a year-to-date increase of 79.57% and a remarkable 96.61% rise over the past year, significantly outperforming the Sensex, which has declined by 8.46% during the same timeframe.<BR><BR>Today, the stock reached a new 52-week high of Rs. 290.1 and has been gaining consistently for the last three days, accumulating a total return of 15.74% in that period. It opened with a gap up of 4.99%, indicating strong investor interest. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bullish trend.<BR><BR>Investor participation has also increased, with delivery volume rising by 27.53% compared to the 5-day average, indicating growing confidence among investors. The liquidity of the stock is adequate for trading, further supporting its price rise. Overall, the combination of strong historical performance, positive market sentiment, and increased investor activity contributes to the rising stock price of Vikram Thermo (India) Ltd.

Which are the latest news on Vikram Thermo?

Who are in the management team of Vikram Thermo?

The management team of Vikram Thermo includes Dhirajbhai Karsandas Patel (Chairman & Managing Director), D H Patel, Ankur D Patel (both Whole-time Directors), and several Independent and Non-Executive Directors. They oversee the company's operations and strategic direction.

The management team of Vikram Thermo includes the following individuals:<BR><BR>1. **Dhirajbhai Karsandas Patel** - Chairman & Managing Director<BR>2. **D H Patel** - Whole-time Director<BR>3. **Ankur D Patel** - Whole-time Director<BR>4. **Bharatbhai M Shah** - Independent Non-Executive Director<BR>5. **Ketanbhai C Patel** - Independent Non-Executive Director<BR>6. **Thakarshibhai M Patel** - Independent Non-Executive Director<BR>7. **Alpaben Alpeshbhai Patel** - Non-Executive & Non-Independent Director<BR>8. **Shailesh P Patel** - Independent Non-Executive Director<BR>9. **Vipulkumar Vitthalbhai Patel** - Independent Non-Executive Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Vikram Thermo do?

Vikram Thermo (India) Ltd is a manufacturer and exporter of pharmaceutical excipients, focusing on Film Coating, Enteric Coating, and Controlled Release formulations. As of June 2026, it reported net sales of 38 Cr and a net profit of 13 Cr, with a market cap of INR 866 Cr.

Overview:<BR>Vikram Thermo (India) Ltd is a manufacturer, marketer, and exporter of pharmaceutical excipients, specializing in Film Coating, Enteric Coating, and Sustain Release/Control Release formulations within the Commodity Chemicals industry, classified as a Micro Cap company.<BR><BR>History:<BR>Vikram Thermo (India) Ltd was incorporated in an unspecified year and has established itself as one of the fastest-growing pharmaceutical companies. The latest quarterly results reported are for June 2026, showing significant sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 38 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 13 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 866 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 20.00<BR>- Industry P/E: 44<BR>- Dividend Yield: 0.38%<BR>- Debt-Equity: -0.06<BR>- Return on Equity: 31.93%<BR>- Price to Book: 6.01<BR><BR>Contact Details:<BR>Address: A/704-714 The Capital, Science City Road Ahmedabad Gujarat : 380060<BR>Email: exports@vikramthermo.com<BR>Website: http://www.vikramthermo.com

Who are the peers of the Vikram Thermo?

Vikram Thermo's peers include Andhra Sugars, TGV Sraac, and Sadhana Nitro, among others. It has average growth and excellent capital structure, with a 1-year return of 84.38%, higher than TGV Sraac's -13.03%.

Peers: The peers of Vikram Thermo are Andhra Sugars, TGV Sraac, Amines & Plast., Sadhana Nitro, Sr.Rayala.Hypo, OCCL, Tuticorin Alkali, Kanoria Chem., Transpek Inds., and Primo Chemicals.<BR><BR>Quality Snapshot: Excellent management risk is observed at Andhra Sugars, Vikram Thermo, Sr.Rayala.Hypo, and the rest. Average management risk is found at TGV Sraac, Amines & Plast., OCCL, Tuticorin Alkali, Kanoria Chem., Transpek Inds., Primo Chemicals, and the rest. Below Average management risk is seen at Sadhana Nitro and the rest. Growth is excellent for OCCL, while average growth is noted for Vikram Thermo, Tuticorin Alkali, and the rest. Below Average growth is present at Andhra Sugars, TGV Sraac, Amines & Plast., Sadhana Nitro, Sr.Rayala.Hypo, Kanoria Chem., Transpek Inds., Primo Chemicals, and the rest. Capital structure is excellent at Andhra Sugars, Vikram Thermo, Sr.Rayala.Hypo, Tuticorin Alkali, and Transpek Inds., while good capital structure is found at TGV Sraac, Amines & Plast., and OCCL. Below Average capital structure is noted for Sadhana Nitro, Kanoria Chem., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sadhana Nitro at 92.31%, while the lowest is TGV Sraac at -13.03%. Vikram Thermo's 1-year return of 84.38% is significantly higher than TGV Sraac's. Additionally, peers with negative six-month returns include Sr.Rayala.Hypo and Transpek Inds.

How big is Vikram Thermo?

As of 14th August, Vikram Thermo (India) Ltd has a market capitalization of 909.69 Cr, with recent Net Sales of 144.30 Cr and a Net Profit of 43.84 Cr.

As of 14th August, Vikram Thermo (India) Ltd has a market capitalization of 909.69 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Vikram Thermo reported Net Sales of 144.30 Cr and a Net Profit of 43.84 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 121.45 Cr and Total Assets valued at 145.89 Cr.

Should I buy, sell or hold Vikram Thermo (India) Ltd?

When is the next results date for Vikram Thermo (India) Ltd?

The next results date for Vikram Thermo (India) Ltd is 11 August 2026.

The next results date for Vikram Thermo (India) Ltd is scheduled for 11 August 2026.

Are Vikram Thermo (India) Ltd latest results good or bad?

Vikram Thermo (India) Ltd's latest results show strong revenue growth of 11.02% QoQ and 39.32% YoY, reaching ₹37.77 crores, but profitability declined with a net profit drop of 22.26% QoQ and a significant fall in operating margins. While revenue growth is positive, the decrease in profitability raises concerns about the company's cost structure.

Vikram Thermo (India) Ltd's latest results present a mixed picture. On one hand, the company achieved a significant revenue growth of 11.02% quarter-on-quarter (QoQ) and an impressive 39.32% year-on-year (YoY), reaching a record high of ₹37.77 crores in Q4 FY26. This indicates strong demand for its pharmaceutical excipients.<BR><BR>However, profitability has taken a hit. The net profit for the quarter was ₹8.52 crores, which represents a decline of 22.26% QoQ, although it shows a substantial increase of 109.34% YoY. The operating margin, excluding other income, fell sharply by 1,283 basis points to 31.67%, down from 44.50% in the previous quarter. This margin compression raises concerns about the sustainability of the company's cost structure, especially given the sequential profit decline despite revenue growth.<BR><BR>Overall, while the revenue growth is a positive sign, the significant drop in profitability and operating margins suggests that the company is facing challenges that need to be addressed. Investors may want to monitor these trends closely before making decisions.

Is Vikram Thermo technically bullish or bearish?

As of December 1, 2025, Vikram Thermo's technical trend is mildly bearish, driven by mixed indicators such as a bullish weekly MACD and bearish monthly MACD, alongside bearish daily moving averages and neutral signals from RSI and Dow Theory.

As of 1 December 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance for Vikram Thermo is mildly bearish. Key indicators driving this stance include the weekly MACD being bullish, while the monthly MACD and KST are both mildly bearish. The daily moving averages indicate a bearish trend, and the Bollinger Bands show a mildly bullish signal on the weekly timeframe but sideways on the monthly. The lack of clear signals from the RSI and Dow Theory further supports a neutral outlook in those timeframes. Overall, the combination of these indicators suggests a cautious bearish sentiment in the current market context.

How has been the historical performance of Vikram Thermo?

Vikram Thermo has shown significant growth in financial metrics, with net sales rising from 55.85 Cr in Mar'20 to 126.23 Cr in Mar'25, and profit before tax increasing from 6.16 Cr to 44.14 Cr in the same period, despite some fluctuations in earnings per share. Total assets and liabilities both grew to 145.89 Cr by Mar'25, indicating a robust growth pattern in revenue and profitability.

Answer:<BR>The historical performance of Vikram Thermo shows a significant growth trajectory in its financial metrics over the years.<BR><BR>Breakdown:<BR>Vikram Thermo's net sales increased from 55.85 Cr in Mar'20 to 126.23 Cr in Mar'25, reflecting a strong upward trend despite a dip in Mar'23. The total operating income followed a similar pattern, rising from 58.24 Cr in Mar'19 to 126.23 Cr in Mar'25. The company's operating profit (PBDIT) also saw substantial growth, reaching 47.60 Cr in Mar'25, up from 9.12 Cr in Mar'19. Profit before tax increased from 6.16 Cr in Mar'19 to 44.14 Cr in Mar'25, while profit after tax rose from 4.43 Cr to 33.76 Cr in the same period. The earnings per share (EPS) fluctuated, peaking at 11.55 in Mar'20 before declining to 2.58 in Mar'25. The company's total assets grew from 73.20 Cr in Mar'20 to 145.89 Cr in Mar'25, and total liabilities increased from 73.20 Cr to 145.89 Cr over the same period. Cash flow from operating activities remained stable at 23.00 Cr in Mar'25, while cash flow from investing activities showed a negative trend, indicating increased investment outflows. Overall, Vikram Thermo has demonstrated a robust growth pattern in revenue and profitability, alongside a steady increase in assets and liabilities.

Is Vikram Thermo overvalued or undervalued?

As of August 21, 2025, Vikram Thermo is considered very expensive and overvalued with a PE Ratio of 15.82, an EV to EBITDA of 11.98, and a Price to Book Value of 4.27, especially when compared to peers like Solar Industries and Godrej Industries, and it has underperformed the Sensex with a year-to-date return of -5.17%.

As of 21 August 2025, the valuation grade for Vikram Thermo has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently overvalued based on its financial metrics. Key ratios include a PE Ratio of 15.82, an EV to EBITDA of 11.98, and a Price to Book Value of 4.27, which are high relative to industry standards.<BR><BR>When compared to peers, Vikram Thermo's valuation stands out as excessive, especially against Solar Industries, which has a PE of 105.13, and Godrej Industries, which is more attractively valued at a PE of 42.99. Additionally, while Vikram Thermo has shown strong returns over the long term, its recent performance has lagged behind the Sensex, with a year-to-date return of -5.17% compared to the Sensex's 4.94%. This further reinforces the conclusion that the stock is currently overvalued.

Who are the top shareholders of the Vikram Thermo?

The top shareholder of Vikram Thermo is Dhirajlal Karsanbhai Patel, holding 18.45%, with no pledged promoter holdings. The highest public shareholder is Basava Sankararao Kolli at 2.15%, and individual investors collectively own 27.85% of the shares.

The top shareholders of Vikram Thermo include the promoters, with Dhirajlal Karsanbhai Patel holding the largest share at 18.45%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Basava Sankararao Kolli, who owns 2.15%. Additionally, individual investors collectively hold 27.85% of the company's shares.

What is the bonus history of the Vikram Thermo?

Vikram Thermo announced a 4:1 bonus issue, with an ex-date of May 12, 2022, and a record date of May 13, 2022, allowing shareholders to receive four additional shares for each share held.

Vikram Thermo has a recent bonus history where it announced a 4:1 bonus issue. The ex-date for this bonus was on May 12, 2022, and the record date was May 13, 2022. This means that shareholders received four additional shares for every one share they held as of the record date. If you have any more questions about the company or its financial activities, feel free to ask!

Has Vikram Thermo declared dividend?

Yes, Vikram Thermo (India) Ltd has declared a 7% dividend, amounting to ₹0.7 per share, with an ex-date of September 23, 2024. While recent returns have been negative, the company has shown significant growth over the longer term, particularly with a total return of 901.87% over the past five years.

Vikram Thermo (India) Ltd has declared a 7% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 7%<BR>- Amount per share: 0.7<BR>- Ex-date: 23 Sep 24<BR><BR>Dividend Yield: 0.42%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -2.59%, with a dividend return of 0%, resulting in a total return of -2.59%.<BR><BR>Over the past year, the price return was -5.5%, with a dividend return of 0.38%, leading to a total return of -5.12%.<BR><BR>In the 2-year period, the price return was 104.01%, accompanied by a dividend return of 1.35%, culminating in a total return of 105.36%.<BR><BR>For the 3-year period, the price return was 327.78%, with a dividend return of 3.69%, resulting in a total return of 331.47%.<BR><BR>In the last 4 years, the price return was 338.99%, along with a dividend return of 8.49%, giving a total return of 347.48%.<BR><BR>Over the past 5 years, the price return was 885.01%, with a dividend return of 16.86%, leading to a total return of 901.87%.<BR><BR>Overall, Vikram Thermo has declared a dividend, and while the recent returns over shorter periods have been negative, the longer-term returns show significant growth, particularly in the 5-year period.