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Vikas Lifecare
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The Company was originally incorporated as Vikas Multicorp Limited in the year 1995. The Company changed the name from 'Vikas Multicorp Limited' to 'Vikas Lifecare Limited' by passing a Special Resolution consequent upon change of name and fresh Certificate of incorporation issued by the Registrar of Companies, NCT Delhi on April 09, 2021. The Company operates in the business of recycling plastic waste and trading of polymer compounds, manufacturing of polymers compounds.
Until 2019, the business of 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 Recycled and Trading Compounds Division' of group concern Vikas Ecotech Limited' under the Scheme of Arrangement approved by National Company Law Tribunal, Principal Bench, New Delhi, the Company started manufacturing Polymer Compounds such as PE Compound, Polyvinyl Chloride Compound (PVC Compounds), V lend SOE Compound, Polypropylene Compounds (PP granules), TPR Compounds from FY 2019-20 onwards.
The Company is a del credere agent of ONGC Petro Additions Limited (OPAL). The Company has a single manufacturing plant located at Shahjahanpur, in Rajasthan. The Company business is divided into two major segments which includes recycling materials and trading of Polymer Compounds.
During the period 2021, the Company completed the acquisition of Recycled and Trading Compounds Division' of group concern Vikas Ecotech Limited' through demerger, thus shifting the entire manufacturing of recycled material in the Company and hence putting greater emphasis on taking this production process to greater heights. Post demerger, the Company acquired the Recycling and Upcycling Division' from the Demerged Company i.e. Vikas Ecotech Limited, pursuant to which the Company had to incur extra expenses to carry out the new manufacturing and recycling process that came along with the acquisition of new business segment .
The Scheme of Arrangement under Section 230 to 232 Companies' Act, 2013 between the Company and Vikas Ecotech Limited (the demerged Company) and their respective Shareholders and Creditors of two companies for demerger of Trading unit Business undertaking as a going concern into the Company on the Appointed Date at the opening of business hours on 01st April 2017, has been sanctioned by the Hon'ble National Company Law Tribunal, New Delhi vide Order dated 31st October 2018. Certified copies of the Order of Hon'ble National Company Law Tribunal, New Delhi have been filed with Registrar of Companies at Delhi and the Scheme has become effective from 01st April 2017.
During the year 2019-20, pursuant to the Scheme of Arrangement, Shareholders of Vikas Ecotech Limited were allotted equity shares of the Company in the ratio of 1:1
In December 2020, the Company initiated trading in raw and finished cashew nuts to pursue one of the business strategies to venture into FMCG Industry.
The Company is venturing into a new business segment 'Food protection and Personal Hygiene' segment of FMCG industry' with the total investment of approx Rs. 100 crores and have signed a definite agreement for acquisition of a portfolio or trademarks, comprising of popular and well established national brands such as S.R. Foils.
With the acquisition of the prestigious 'Brand portfolio,, the Company is initiating the process to identify and acquire an existing plant for manufacturing these items in the interim, alternate arrangements are being made to produce these products through third party contract manufacturing.
The Company is at advance stages to form partnerships through acquisition, merger or joint venture with players dealing with herbal drugs to use their marketing network and enter into retail, food protection and personal hygiene section of FMCG and to be in the retails business of consumer goods like, spices, flour, pulses, grams etc.
The Company has signed an MoU with a huge and renowned collection centre. This collection centre is a Producer Responsibility Organization formed to facilitate recycling of all kinds of packaging waste and contribute towards cleaner and greener environment. They specialize in collection and aggregation of all packaging waste in a professional and organized manner backed by technology.
Vikas Lifecare share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.
Market capitalization of Vikas Lifecare indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Vikas Lifecare is valued compared to its competitors.
Vikas Lifecare PE ratio helps investors understand what is the market value of each stock compared to Vikas Lifecare 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.
The PEG ratio of Vikas Lifecare evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.
Return on Equity (ROE) measures how effectively Vikas Lifecare generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.
Return on Capital Employed (ROCE) evaluates the profitability of Vikas Lifecare in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.
Total debt of Vikas Lifecare shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.
The Debt-to-Equity (DE) ratio of Vikas Lifecare compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.
CAGR shows the consistent growth rate of Vikas Lifecare over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.
Technical analysis of Vikas Lifecare helps investors get an insight into when they can enter or exit the stock. Key components of Vikas Lifecare Technical Analysis include:
There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.
There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Vikas Lifecare shares often struggle to rise above due to selling pressure.
Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Vikas Lifecare ’s financial health and profitability.
Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.
Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.
The financials of Vikas Lifecare provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.
The profit and loss statement of Vikas Lifecare highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Vikas Lifecare .
The balance sheet presents a snapshot of Vikas Lifecare ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.
Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.
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