Vikram Thermo (India) Ltd.

BSE: VIKRAMTH530477ISIN INE337E01010

Commodities
Commodity Chemicals

BSE listing

Share price

₹337.60+15.80 (+4.91%)

as of 18 Sep 2026

52W high: ₹356.50
52W low: ₹132.00
Off 52W high: -5.30%
1M return: +23.66%
3M return: +45.33%
6M return: +135.75%
1Y return: +95.09%
20D avg volume: 20,572
50 DMA: ₹275.47
200 DMA: ₹194.82

Key ratios Standalone

Market cap: ₹1,059 Cr
Current price: ₹337.60
52W high / low: ₹356.50 / ₹132.00
Face value: ₹10.00
P/E: 24.15
P/B: 10.07
EPS (TTM): ₹13.98
Book value / share: ₹33.53
ROE: 41.69%
ROCE: 32.50%
Operating margin: 49.90%
Net margin: 35.07%
Debt / equity: 0.03
Net debt: ₹-0.26 Cr
Interest cover: 114.57
Dividend yield: 0.30%
Dividend / share (TTM): ₹1.00
Payout: 7.15%
Cash conversion cycle: 119.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	37.87	37.77	34.02	34.64	28.60	27.11	—
	0.89	0.93	0.46	0.21	0.17	1.03	—
	20.86	26.68	19.78	19.98	18.12	21.22	—
	12.13	11.23	9.35	11.32	10.58	10.89	—
	0.00	0.00	0.28	0.00	0.65	0.58	—
	3.68	4.17	3.12	3.14	3.05	4.10	—
	0.12	0.11	0.13	0.09	0.12	0.16	—
	0.88	0.76	0.76	0.74	0.70	0.63	—
	5.74	9.32	4.92	4.61	4.57	4.96	—
	17.90	12.02	14.70	14.87	10.66	6.92	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	17.90	12.02	14.70	14.87	10.66	6.92	—
	4.62	3.50	3.74	3.80	2.72	2.85	—
	13.28	8.52	10.96	11.08	7.94	4.07	—
	4.24	2.72	3.50	3.53	2.53	1.30	—
Key metrics
	18.90	12.89	15.59	15.70	11.48	7.71	—
	49.90%	34.10%	45.80%	45.30%	40.10%	28.40%	—
	35.10%	22.60%	32.20%	32.00%	27.80%	15.00%	—
	—	7.50%	—	10.70%	—	5.60%	—
	32.40%	39.30%	—	—	—	—	—
	67.30%	109.30%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	144.30	134.10	126.23	—
	2.49	1.62	2.91	—
	87.30	83.48	85.00	—
	44.03	42.52	47.78	—
	0.28	0.00	3.50	—
	14.11	13.48	11.44	—
	0.45	0.46	0.94	—
	3.14	2.97	2.52	—
	24.59	23.24	18.89	—
	59.49	52.24	44.14	—
	0.00	0.00	-25.34	—
	59.49	52.24	18.79	—
	15.66	13.75	10.38	—
	43.84	38.50	8.10	—
	13.99	12.28	2.58	—
Key metrics
	63.08	55.67	22.25	—
	43.71%	41.50%	17.60%	—
	30.38%	28.70%	6.40%	—
	—	32.50%	15.70%	—
	—	6.20%	—	—
	—	375.30%	—	—
	—	42.05	-15.97	—
	—	1.34	2.92	—
	—	0.03	0.05	—
	—	-0.26	6.24	—
	—	119.5	128.7	—
Balance sheet
	—	187.91	145.89	—
	—	85.04	62.76	—
	—	4.85	0.16	—
	—	45.97	44.24	—
	—	10.31	10.64	—
	—	1.53	5.81	—
	—	57.02	44.92	—
	—	12.39	10.37	—
	—	25.78	20.07	—
	—	4.59	6.40	—
	—	1.65	4.21	—
	—	2.94	2.19	—
	—	156.87	121.45	—
Cash flow
	—	51.58	23.64	—
	—	-41.48	-22.40	—
	—	-5.41	-3.96	—
	—	9.53	39.61	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

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 Jun 2026

Promoter holding: 66.01%

Holder	Type	Holding	Previous	Change
DHIRAJLAL KARSANBHAI PATEL	Promoter	13.72%	—	—
HARJIVANBHAI K PATEL	Promoter	7.74%	—	—
KUNDANBEN AMBALAL PATEL	Promoter Group	4.35%	—	—
PATEL VIMLA DHIRAJLAL	Promoter Group	4.25%	—	—
KANTABEN HARJIVANBHAI PATEL	Promoter Group	3.72%	—	—
DINESH HARJIVANBHAI PATEL	Promoter Group	3.71%	—	—
VIKALP DHIRAJLAL PATEL	Promoter Group	3.20%	—	—
ANKUR DHIRAJLAL PATEL	Promoter Group	3.20%	—	—
KANCHANBEN GHANSHYAMBHAI PATEL	Promoter Group	3.15%	—	—
REKHABEN MAHENDRAKUMAR PATEL	Promoter Group	2.83%	—	—
RACHANA VIKALP PATEL	Promoter Group	2.39%	—	—
HETALBEN ANKUR PATEL	Promoter Group	2.39%	—	—
JAYMIN CHIMANBHAI PATEL	Promoter Group	2.34%	—	—
BASAVA SANKARARAO KOLLI	Public	2.27%	—	—
NIMISH CHIMANBHAI PATEL	Promoter	1.88%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

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 29-09-2026.7 Sep 2026 · Company Update / Newspaper Publication
We would like to inform you that the company has fixed 22nd September, 2026, as record date for the purpose of entitlement of dividend and such dividend will be payable on and from Friday, ....4 Sep 2026 · Corp Action / Date of payment of Dividend
Intimation of Record date for the AGM for the financial year 2025-26.4 Sep 2026 · Corp. Action / Record Date
Intimation of Book closure for the AGM for the financial year 2025-26.4 Sep 2026 · Corp. Action / Book Closure
Please find the enclosed the annual report for the year ended on 31st March, 2026.4 Sep 2026 · Others / Reg. 34 (1) Annual Report
Please find enclosed herewith the Notice of AGM.4 Sep 2026 · AGM/EGM / AGM
Please find enclosed herewith Newspaper Publication in respect to IEPF.21 Aug 2026 · Company Update / Newspaper Publication
Enclosed herewith copy of advertisement given in newspaper of unaudited financial results for the quarter ended 30-6-2026.12 Aug 2026 · Company Update / Newspaper Publication
Kindly find enclosed herewith unaudited financial results for the quarter ended on 30th June, 202611 Aug 2026 · Result / Financial Results
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 .11 Aug 2026 · Board Meeting / Outcome of Board Meeting
Vikram Thermo India 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 ....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
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mrs. Rachana Vikalp Patel & PACs27 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 Mrs. Hetalben Ankur Patel & PACs27 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 Karsanbhai Patel & PACs27 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Notice is hereby given that the trading window of 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 Dhirajlal Patel & PACs25 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 and Cost Auditor of the company.26 May 2026 · Company Update / Change in Management
The board of directors of the company at meeting held on 26-05-2026 has considered and approved the audited financial results for the quarter and year ended on 31 March, 2026.26 May 2026 · Result / Financial Results
The Board of directors in the meeting held on 26th May, 2026, approved the dividend.26 May 2026 · Corp. Action / Dividend
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
Please find enclosed herewith Annual Secretarial Compliance Report of the Company for the financial year ended on March 31, 2026.25 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Vikram Thermo India 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 ....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 the company, we hereby certify that the securities received for dematerialization have been mutilated and ....8 Apr 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 from 01-04-2026 till the end of 48 hours after the declaration of ....27 Mar 2026 · 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 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 Thermo India 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 ....28 Jan 2026 · Board Meeting / Board Meeting
Please find the attached certificate of Reg 74(5) for the quarter ended on 31st December,2025.9 Jan 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 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 on 30th September 2025.12 Nov 2025 · Company Update / Newspaper Publication
Kindly find enclosed unaudited results for the quarter ended on 30-09-2025.11 Nov 2025 · 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 November, 2025 at the Registered Office of the Company wherein following ....11 Nov 2025 · Board Meeting / Outcome of Board Meeting
Vikram Thermo India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2025 ,inter alia, to consider and approve This is to inform you that ....29 Oct 2025 · Board Meeting / Board Meeting
Find attached herewith Certificate under Regulation74(5) of SEBI Regulations, 2018 for the quarter ended 30th September, 2025.7 Oct 2025 · 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 from 1-10-2025 till the end of 48 hours after the declaration of ....29 Sep 2025 · Insider Trading / SAST / Closure of Trading Window

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.0000	19 Sep 2025	19 Sep 2025	—
Final Dividend - Rs. - 0.7500	23 Sep 2024	—	—

Board meetings

11 Aug 2026 Board Meeting - Financial Results