VIKRAM AROMA LIMITED

BSE: VIKRAMAR544371ISIN INE0NR501012

Commodities
Specialty Chemicals

Share price

₹97.65+4.65 (+5.00%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹155.11
52W low: ₹53.11
Off 52W high: -37.04%
1M return: -25.57%
3M return: +41.30%
6M return: +54.05%
1Y return: +22.97%
20D avg volume: 1,776
50 DMA: ₹105.96
200 DMA: ₹76.88

Key ratios Standalone

Market cap: ₹30.62 Cr
Current price: ₹97.65
52W high / low: ₹155.11 / ₹53.11
Face value: ₹10.00
P/E: 15.07
P/B: 1.33
EPS (TTM): ₹6.48
Book value / share: ₹73.20
ROE: —
ROCE: -0.80%
Operating margin: 12.81%
Net margin: 7.22%
Debt / equity: 0.15
Net debt: ₹2.93 Cr
Interest cover: -0.39
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 17.3 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q4 FY24
Income statement
	12.81	5.31	7.39	4.76	6.01	5.09	6.25	9.35	—
	0.14	0.08	0.13	0.06	0.06	0.03	0.01	0.10	—
	12.95	5.39	7.52	4.82	6.08	5.12	6.24	9.46	—
	11.75	4.05	7.48	4.90	6.76	5.07	6.64	9.58	—
	6.85	5.96	3.87	3.47	2.73	3.30	4.27	5.99	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—
	0.43	0.42	0.44	0.43	0.41	0.41	0.58	0.41	—
	0.14	0.13	0.10	0.10	0.13	0.16	0.30	0.08	—
	0.30	0.29	0.29	0.29	0.29	0.29	0.27	0.27	—
	1.43	1.40	1.32	1.11	1.10	1.52	1.50	1.30	—
	1.20	1.34	0.04	-0.08	-0.69	0.05	-0.40	-0.12	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—
	1.20	1.34	0.04	-0.08	-0.69	0.05	-0.40	-0.12	—
	0.28	0.36	-0.12	-0.05	-0.12	-0.01	0.21	0.01	—
	0.93	0.98	0.16	-0.04	-0.57	0.06	-0.61	-0.11	—
	2.95	3.14	0.50	-0.12	-1.81	0.20	-1.96	-0.34	—
Key metrics
	1.64	1.76	0.43	0.31	-0.27	0.50	0.17	0.23	—
	12.80%	33.10%	5.80%	6.50%	-4.50%	9.80%	2.70%	2.50%	—
	7.30%	18.50%	2.20%	-0.80%	-9.50%	1.20%	-9.80%	-1.20%	—
	5.40%	—	0.60%	—	-2.60%	—	-0.50%	—	—
	113.10%	4.30%	18.20%	-49.10%	—	—	—	—	—
	263.20%	1,533.30%	126.20%	63.60%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	30.27	23.25	28.14	—
	0.41	0.24	0.16	—
	30.68	23.49	28.30	—
	28.18	24.17	29.87	—
	20.15	13.37	21.83	—
	0.00	0.00	0.00	—
	1.72	1.68	1.76	—
	0.47	0.49	0.45	—
	1.17	1.16	1.07	—
	5.26	5.00	4.89	—
	2.50	-0.68	-1.57	—
	0.00	0.00	0.00	—
	2.50	-0.68	-1.57	—
	0.47	-0.30	-0.07	—
	2.03	-0.38	-1.50	—
	6.47	-1.23	-4.78	—
Key metrics
	4.14	0.97	-0.05	—
	13.68%	4.20%	-0.20%	—
	6.71%	-1.60%	-5.30%	—
	—	-0.80%	-5.10%	—
	13.37%	-17.40%	—	—
	—	74.70%	—	—
	—	-0.13	-4.05	—
	—	-2.95	1.77	—
	—	0.15	0.12	—
	—	2.93	2.34	—
	—	17.3	4.9	—
Balance sheet
	—	34.03	33.42	—
	—	11.85	11.95	—
	—	0.15	0.16	—
	—	4.89	3.92	—
	—	5.02	5.35	—
	—	1.14	1.89	—
	—	21.64	20.49	—
	—	8.81	8.89	—
	—	11.44	11.62	—
	—	3.08	2.50	—
	—	1.73	2.50	—
	—	1.35	0.00	—
	—	21.04	21.38	—
Cash flow
	—	1.12	-2.66	—
	—	-1.22	-1.87	—
	—	0.09	2.00	—
	—	1.25	1.39	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +13.37%
Profit YoY (TTM): +265.04%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 65.94%

Quarter	September 2026	June 2026
Promoter %	65.94%	65.94%

Holder	Type	Holding	Previous	Change
GHANSHYAMBHAI KARSANDAS PATEL	Promoter	9.57%	9.57%	0.00%
DHIRAJLAL KARSANBHAI PATEL	Promoter	8.88%	8.88%	0.00%
HARJIVANBHAI K PATEL	Promoter	7.74%	7.74%	0.00%
KUNDANBEN AMBALAL PATEL	Promoter Group	4.35%	4.35%	0.00%
PATEL VIMLA DHIRAJLAL	Promoter Group	4.25%	4.25%	0.00%
KANTABEN HARJIVANBHAI PATEL	Promoter Group	3.72%	3.72%	0.00%
DINESH HARJIVANBHAI PATEL	Promoter Group	3.65%	3.71%	-0.06%
VIKRAM AROMA LIMITED	Public	3.30%	3.30%	0.00%
ANKUR DHIRAJLAL PATEL	Promoter Group	3.20%	3.20%	0.00%
VIKALP DHIRAJLAL PATEL	Promoter Group	3.20%	3.20%	0.00%
KANCHANBEN GHANSHYAMBHAI PATEL	Promoter Group	3.15%	3.15%	0.00%
REKHABEN MAHENDRAKUMAR PATEL	Promoter Group	2.83%	2.83%	0.00%
JAYMIN CHIMANBHAI PATEL	Promoter Group	2.34%	2.34%	0.00%
NIMISH CHIMANBHAI PATEL	Promoter	1.88%	1.88%	0.00%
PATEL ALPESH AMBALAL	Promoter Group	1.30%	1.30%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Pidilite Industries Ltd.	1,57,375	1,507.00	56.47	28.50%	+16.83% TTM	+20.94% TTM	+3.57%
Gujarat Fluorochemicals Limited	51,706	4,612.90	75.63	10.10%	+20.33% TTM	-1.47% TTM	+25.63%
Navin Fluorine International Limited	45,270	8,785.00	49.50	18.70%	+45.68% TTM	+105.04% TTM	+45.12%
Deepak Nitrite Limited	21,067	1,580.65	20.29	10.80%	+23.80% TTM	+99.83% TTM	-9.73%
Aether Industries Limited	20,608	1,542.85	82.16	12.20%	+30.76% TTM	+28.03% TTM	+103.85%
Aarti Industries Ltd	16,086	449.65	27.46	8.50%	+39.85% TTM	+104.40% TTM	+16.66%
Fine Organic Industries Limited	15,854	5,127.35	38.71	20.20%	+12.92% TTM	+18.80% TTM	+16.19%
Atul Limited.	15,542	5,155.00	19.28	13.50%	+18.15% TTM	+40.10% TTM	-12.49%
Sudeep Pharma Limited	13,449	1,120.60	67.10	24.20%	—	—	—
Anupam Rasayan India Limited	13,117	1,144.40	57.92	7.50%	+51.76% TTM	+14.65% TTM	+6.58%
BASF India Ltd	12,838	2,959.95	21.44	13.10%	+13.35% TTM	+59.30% TTM	-33.46%
PRIVI SPECIALITY CHEMICALS LIMITED	12,792	3,283.30	34.73	25.10%	+17.54% TTM	+44.15% TTM	+10.09%
Vinati Organics Ltd.	10,462	996.85	25.09	17.70%	+10.98% TTM	-5.48% TTM	-39.90%
Elantas Beck India Ltd S	9,785	12,774.65	54.20	—	+18.86% TTM	+35.25% TTM	+29.29%
Jubilant Ingrevia Limited	9,269	562.35	25.55	10.80%	+15.41% TTM	+21.73% TTM	-18.43%
Alkyl Amines Chemicals Ltd. S	8,012	1,585.25	32.77	14.60%	+13.38% TTM	+35.83% TTM	-13.31%
Galaxy Surfactants Limited	7,678	2,269.80	22.75	12.70%	+27.05% TTM	+16.13% TTM	+0.01%
Neogen Chemicals Limited	7,237	2,268.40	168.60	6.80%	+26.66% TTM	+55.16% TTM	+54.05%
Clean Science and Technology Limited	7,224	656.60	29.92	19.20%	+4.51% TTM	-12.06% TTM	-33.34%
Fineotex Chemical Limited	6,227	53.42	41.98	16.20%	+91.44% TTM	+41.07% TTM	+84.27%
Balaji Amines Ltd.	5,814	1,770.80	23.80	10.20%	+20.91% TTM	+66.05% TTM	+26.00%
Archean Chemical Industries Limited	5,246	428.60	54.04	7.80%	+5.99% TTM	-42.66% TTM	-34.05%
Prasol Chemicals Limited	4,736	776.20	—	—	—	—	—
Laxmi Organic Industries Limited	4,654	161.95	35.81	4.40%	+5.47% TTM	+25.01% TTM	-17.12%
Foseco India Ltd S	4,568	5,962.25	57.00	—	+10.33% TTM	-3.71% TTM	+5.42%
VIKRAM AROMA LIMITED S	32	97.65	15.07	-0.80%	+13.37% TTM	+265.04% TTM	+22.97%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Kindly find enclosed herewith unaudited financial results for the quarter ended on 30-09-2026.4 Nov 2026 · Result / Financial Results
With regard to captioned subject, we would like to inform you that Board meeting of the Company was held today on 04th November, 2026 at the Registered Office of the Company wherein following ....4 Nov 2026 · Board Meeting / Outcome of Board Meeting
Vikram Aroma Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve This is to inform you that as ....16 Oct 2026 · Board Meeting / Board Meeting
Certificate received from Bigshare Services Pvt. Ltd., RTA of the Company, we hereby certify that the securities received for dematerialization have been mutilated and cancelled after due ....12 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure for the clarification sought by the stock exchange.30 Sep 2026 · Company Update / General
We enclose herewith copy of scrutinizers report.29 Sep 2026 · AGM/EGM / AGM
Proceedings of 5th Annual General Meeting of the company held on Tuesday, 29th September, 2026 pursuant to Regulation 30 & Schedule III of SEBI (Listing Obligation & Disclosure Requirements) ....29 Sep 2026 · AGM/EGM / AGM
The Exchange has sought clarification from Vikram Aroma Ltd on September 24, 2026, with reference to Movement in Price. The reply is awaited.24 Sep 2026 · Company Update / Clarification
Notice is hereby given that the trading window of dealing in securities of the company shall remain closed with effect from 1-10-2026 till the end of 48 hours after the declaration of unaudited ....23 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find enclosed herewith copy of advertisement given in one English Newspaper and one Regional Language Newspaper for Intimation of Notice of AGM to be held on 29-09-2026.5 Sep 2026 · Company Update / Newspaper Publication
Please find attached herewith Annual Report 2025-263 Sep 2026 · Others / Reg. 34 (1) Annual Report
We would like to inform you that register of members & share transfer books of the company will remain closed from 23rd September, 2026 to 29th September, 2026 (both days inclusive) for ....3 Sep 2026 · Corp. Action / Book Closure
Please find enclosed herewith Notice of AGM.3 Sep 2026 · AGM/EGM / AGM
Enclosed herewith copy of advertisement given in newspaper of unaudited financial results for the quarter ended on 30-6-2026.12 Aug 2026 · Company Update / Newspaper Publication
Kindly find enclosed herewith unaudited financial results for the quarter ended on 30th June, 2026.11 Aug 2026 · Result / Financial Results
With regard to captioned subject, we would like to inform you that Board meeting of the Company was held today on 11th August, 2026 at the Registered Office of the Company wherein following ....11 Aug 2026 · Board Meeting / Outcome of Board Meeting
Vikram Aroma Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve This is to inform you that as ....3 Aug 2026 · Board Meeting / Board Meeting
Based on the certificate received from Bigshare Services Pvt. Ltd, RTA of the company, we hereby certify that the securities received for dematerialization have been mutilated and cancelled ....11 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Notice is hereby given that the trading window for dealing in securities of the company shall remain closed with effect 01-07-2026 till the end of 48 hours after the declaration of unaudited ....27 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ghanshyambhai Patel & PACs11 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dhirajlal Patel & PACs11 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Please find enclosed herewith copy of advertisement given in newspaper of audited financial results for the quarter and year ended on 31 March, 2026.27 May 2026 · Company Update / Newspaper Publication
Please find the disclosure for the appointment of Internal Auditor of the company.26 May 2026 · Company Update / Change in Management
Kindly find enclosed Audited Financial Results for the quarter and year ended on 31 March 2026.26 May 2026 · Result / Financial Results
With regard to captioned subject, we would like to inform you that Board meeting of the Company was held today on 26TH MAY, 2026 at the Registered Office of the Company wherein following ....26 May 2026 · Board Meeting / Outcome of Board Meeting
Vikram Aroma Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2026 ,inter alia, to consider and approve This is to inform you that as ....19 May 2026 · Board Meeting / Board Meeting
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''> <tr> <td>Sr. No.</td> <td>Particulars</td> ....11 May 2026 · Others / Format of the Annual Disclosure to be made by an entity identified as a LC : Annexure B2
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....27 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Based on the certificate received from Bigshare Services Pvt. Ltd, RTA of the company, we hereby certify that the securities received for dematerialization have been mutilated and cancelled ....10 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Notice is hereby given that the trading window of dealing in securities of the company shall remain closed with effect from 01-04-2026 till the end of 48 hours after the declaration of ....27 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dhirajlal Patel & PACs27 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ghanshyambhai Patel & PACs27 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Please find enclosed herewith copy of advertisement given in newspaper of unaudited financial results for the quarter ended 31st December 2025.11 Feb 2026 · Company Update / Newspaper Publication
Kindly find enclosed herewith unaudited financial results for the quarter ended on 31 December, 2025, with Limited Review Report.10 Feb 2026 · Result / Financial Results
With regard to captioned subject, we would like to inform you that Board meeting of the Company was held today on 10TH FEBRUARY, 2026 at the Registered Office of the Company wherein following ....10 Feb 2026 · Board Meeting / Outcome of Board Meeting
Vikram Aroma Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2026 ,inter alia, to consider and approve This is to inform you that as ....28 Jan 2026 · Board Meeting / Board Meeting
Please find attached certificate of Reg 74(5) for the quarter ended on 31st December, 2025.20 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Notice is hereby given that the trading window of dealing in securities of the company shall remain closed with effect from 01-01-2026 till the end of 48 hours after the declaration of ....25 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Please find enclosed herewith copy of advertisement given in newspaper of unaudited financial results for the quarter ended 30th September, 2025.12 Nov 2025 · Company Update / Newspaper Publication
Kindly find enclosed herewith unaudited financial results for the quarter ended on 30th September,202511 Nov 2025 · Result / Financial Results

Board meetings

4 Nov 2026 Board Meeting - Financial Results
11 Aug 2026 Board Meeting - Financial Results