Vikram Thermo

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

As of 11-Jun, Vikram Thermo (India) Ltd's stock price is Rs 184.25, down 1.58%, with a 3.00% decline over the past week. The stock is facing downward pressure due to decreased investor participation and recent price movements, despite a strong monthly performance.

As of 11-Jun, Vikram Thermo (India) Ltd's stock price is currently at Rs 184.25, reflecting a decrease of Rs 2.95 or 1.58%. The stock has shown a decline of 3.00% over the past week, which is significantly worse than the Sensex's decline of 0.71% during the same period. <BR><BR>Despite a strong performance over the past month, where the stock increased by 19.10% while the Sensex fell by 2.87%, the current downward trend can be attributed to several factors. Today, the stock reached an intraday low of Rs 183.15, indicating a loss of 2.16%. Additionally, the weighted average price suggests that more volume was traded closer to this low price, indicating selling pressure.<BR><BR>Investor participation has also decreased, with delivery volume dropping by 72.63% compared to the 5-day average, which may signal a lack of confidence among investors. Although the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, it is currently below its 5-day moving average, further indicating short-term weakness. <BR><BR>Overall, the combination of declining investor participation, recent price movements, and the stock's performance relative to the benchmark suggests that Vikram Thermo (India) Ltd is experiencing a downward trend.

Which are the latest news on Vikram Thermo?

How big is Vikram Thermo?

As of 10th June, Vikram Thermo (India) Ltd has a market capitalization of 596.00 Cr, with recent net sales of 135.03 Cr and a net profit of 38.50 Cr. The company's shareholder's funds are 121.45 Cr, and total assets amount to 145.89 Cr.

As of 10th June, Vikram Thermo (India) Ltd has a market capitalization of 596.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Vikram Thermo reported Net Sales of 135.03 Cr and a Net Profit of 38.50 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 121.45 Cr and Total Assets of 145.89 Cr.

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 such as Bharatbhai M Shah and Shailesh P Patel.

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>If you need more specific information about any of these individuals or their roles, feel free to ask!

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

Who are the peers of the Vikram Thermo?

Vikram Thermo's peers include Sadhana Nitro, Tuticorin Alkali, OCCL, Chemfab Alka, and others. In terms of management risk, growth, and capital structure, Vikram Thermo shows average performance, with a 1-year return of 11.75%, outperforming Sadhana Nitro but below OCCL's 8.60%.

Peers: The peers of Vikram Thermo are Sadhana Nitro, Tuticorin Alkali, OCCL, Chemfab Alka., Primo Chemicals, Transpek Inds., POCL Enterprises, Andhra Petrochem, Kanoria Chem., and Mangalam Organic.<BR><BR>Quality Snapshot: Excellent management risk is observed at Tuticorin Alkali, OCCL, and Andhra Petrochem, while Average management risk is found at Sadhana Nitro, Chemfab Alka., Primo Chemicals, Vikram Thermo, Transpek Inds., POCL Enterprises, and Mangalam Organic, and Below Average management risk is noted at OCCL and Kanoria Chem. In terms of Growth, Excellent growth is seen at Tuticorin Alkali and OCCL, while Good growth is noted at POCL Enterprises, Average growth is found at Sadhana Nitro, Chemfab Alka., Primo Chemicals, Vikram Thermo, Transpek Inds., and Mangalam Organic, and Below Average growth is observed at Andhra Petrochem and Kanoria Chem. For Capital Structure, Excellent capital structure is noted at Tuticorin Alkali, OCCL, Chemfab Alka., Vikram Thermo, and Andhra Petrochem, while Good capital structure is seen at Transpek Inds., Average capital structure is found at Primo Chemicals, and Below Average capital structure is noted at Sadhana Nitro and Kanoria Chem.<BR><BR>Return Snapshot: The peer with the highest 1-year return is OCCL at 8.60%, while the peer with the lowest 1-year return is Sadhana Nitro at -86.72%. Vikram Thermo's 1-year return is 11.75%, which is higher than both of these peers. Additionally, the six-month return is negative for Sadhana Nitro, Transpek Inds., and Chemfab Alka.

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 March 2026, it reported net sales of 38 Cr and a net profit of 9 Cr, with a market cap of INR 596 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, categorized as a Micro Cap company.<BR><BR>History:<BR>Vikram Thermo (India) Ltd was incorporated in an unspecified year and has been recognized as one of the fastest-growing pharmaceutical companies. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 38 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 9 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 596 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 15.00<BR>- Industry P/E: 42<BR>- Dividend Yield: 0.54%<BR>- Debt-Equity: -0.06<BR>- Return on Equity: 28.04%<BR>- Price to Book: 4.22<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

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.

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

The next results date for Vikram Thermo (India) Ltd is 26 May 2026.

The next results date for Vikram Thermo (India) Ltd is scheduled for 26 May 2026.

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.