EN DE

Vikas Proppant & Granite Limited (531518) Fair Value & Analysis

Consumer Non-Cyclicals · IN · Market cap ₹1.6B

VP Vikas Proppant & Granite Limited 531518 · BSE
Price₹0.2400
Fair Value₹0.1900
Upside-20.8%
Quality38/100
Watch Vikas Proppant & Granite Limited for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 0.0% net margin
Low debt
Mixed vs. peers (5/9)
Evidence: Low Range ₹0.1400 – ₹0.2900 Share as image

Fair value as of: Aug 16, 2026

From 1 valuation models · updated 3 days ago

Fair value updated Aug 16, 2026, revised from ₹0.2000 to ₹0.1900 (−5.0%) since Aug 11, 2026.

Below-average quality, and screening another 21% overvalued on our models.

What matters now

  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (₹0.1400 to ₹0.2900) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

₹3.31 ₹0.2400 Fair Value ₹0.1900 Jan 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 16, 2026.

How to read this chart

60‑month range ₹0.2400 – ₹3.31 · fair‑value band ₹0.1400 – ₹0.2900 · the ₹0.2400 price screens above the ₹0.1900 fair value. Dashed = 300-day average. As of Aug 16, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Vikas Proppant & Granite Limited (531518) currently trades at ₹0.2400, while our model-based Fair Value estimate is ₹0.1900, implying the stock looks roughly 20.8% overvalued today. The Quality Score stands at 38/100 (below-average quality), in the Consumer Non-Cyclicals sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

The stock trades on a trailing P/E of 40.0 (as of Jul 4, 2026). Fundamentals as of Aug 16, 2026

Our scenario range runs from ₹0.1400 (bear case) to ₹0.2900 (bull case); at ₹0.2400, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 40% below its 52-week high. For context, the median of 10 Consumer Non-Cyclicals peers we cover trades at 11% fair-value upside, at -21%, 531518 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) ₹0.1400 ₹0.1900 ₹0.2900 50
All 1 models by family
Asset-Based
NCAV (Graham) ₹0.1400 ₹0.1900 ₹0.2900 50

Notify me when 531518 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Quality Score breakdown

Overall quality 38/100

Of which business quality 35 · Market factors (momentum, volatility) 19

Profitability 2
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 35
Balance sheet, leverage, solvency risk
Investment 54
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 32
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Vikas Proppant & Granite Limited manufactures and sells food and industrial grade guar gum powder in India. The company is also involved in the grading of guar splits and its derivatives. It offers its products under the ADICOL brand name.

Full company description

Vikas Proppant & Granite Limited manufactures and sells food and industrial grade guar gum powder in India. The company is also involved in the grading of guar splits and its derivatives. It offers its products under the ADICOL brand name. The company's products have applications in the food, pharma, textile, cosmetic, deep-drilling, explosive, paper, tanneries, and other industries. It also markets its products in the United States, Europe, Brazil, Japan, China, Australia, South Africa, and internationally. The company was formerly known as Vikas Granaries Limited and changed its name to Vikas Proppant & Granite Limited in February 2018. Vikas Proppant & Granite Limited was incorporated in 1994 and is based in Sri Ganganagar, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2017 – FY2021 · reported fiscal years

Vikas Proppant & Granite Limited reported revenue of ₹236M in FY2021 versus ₹31.2M in FY2017, a compound +65.9%/yr. Reported net income was −₹114M in FY2021.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2021)
₹236M
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−27.3%
Avg. growth/yr (7Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−22.5%
Revenue +65.9%/yr
FY17 ₹31.2M
FY18 ₹0
FY19 ₹528M
FY20 ₹69.6M
FY21 ₹236M
Net income
FY17 −₹138M
FY18 −₹10.5M
FY19 ₹443M
FY20 ₹39.2M
FY21 −₹114M

531518 screens 21% overvalued. Compare with FB →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Vikas Proppant & Granite Limited Fair Value". https://www.fairvalue-calculator.com/stock/531518

Peer Group

Food & Tobacco · 17 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 35 · Bottom 25%
Fair Value upside −21% · Below median
Return on assets 0% · Top 25%
Net margin (TTM) 0% · Top 25%
Operating margin (TTM) 0% · Above median
Revenue growth 0% · Top 25%
Debt / equity 0.31× · Higher than median

Valuation Multiples vs Food & Tobacco median · lower = cheaper

P/E (TTM) 40.0× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 6 · sector 11
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 85 · sector 95
DIVIDEND 0 · sector 63

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Tobacco

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Food & Tobacco stocks, each showing price versus our Fair Value estimate (as of Aug 16, 2026).

Stock Price Fair Value vs Fair Value
FB FB 48.65 PHP 42.15 PHP -13%
URC URC 61.20 PHP 42.55 PHP -30%
CNPF CNPF 32.50 PHP 62.66 PHP +93%
531335 531335 ₹510.05 ₹182.62 -64%
540743 540743 ₹561.40 ₹621.99 +11%
The Bombay Burmah Trading Corporation 501425 ₹1,468 ₹4,500 +207%
512573 512573 ₹860.60 ₹1,191 +38%
DNL DNL 3.64 PHP 3.33 PHP -9%
509966 509966 ₹215.35 ₹139.07 -35%
519600 519600 ₹1,136 ₹2,944 +159%

Compare Vikas Proppant & Granite Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Vikas Proppant & Granite Limited (531518) overvalued or undervalued?
As of Aug 16, 2026, our model estimates a fair value of ₹0.1900 versus a price of ₹0.2400, about −21% (overvalued).
What is the fair value of 531518?
Our model-based fair value for Vikas Proppant & Granite Limited is ₹0.1900 (as of Aug 16, 2026), built from audited fundamentals. The current price is ₹0.2400.
What is the quality score of 531518?
Vikas Proppant & Granite Limited has a Quality Score of 38/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the net profit margin of 531518?
The net profit margin of Vikas Proppant & Granite Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Vikas Proppant & Granite Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.