Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Additional Executive Director Naib Singh was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Oct 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2021 fiscal period end). Market cap is less than US$10m (₹272.8m market cap, or US$3.27m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Executive Chairperson Arun Singla is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jun 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Executive Chairperson Arun Singla is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • May 18
Vikas Proppant & Granite Limited Appoints Naib Singh as Additional Executive Director Vikas Proppant & Granite Limited announced that in the meeting of Board of Director's of the Company held on 16th May 2022, the Board of Directors of the Company have approved the appointment of Mr. Naib Singh, as additional executive director of the Company with effect from 16th May 2022. Board Change • May 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Additional Non-Executive Independent Director Arun Singla is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Apr 03
Vikas Proppant & Granite Limited Announces Directorate Changes Vikas Proppant & Granite Limited announced in the meeting of the board of Director's of the Company held on 01st April 2022, the Board have approved the resignation of Mr.Davinder Pal (DIN- 09414524) with effect from closing of business hour of as on April 01st, 2022 and appointment of Mr. Pawan Singla (DIN: 08913655), as additional executive director of the Company with effect from April 01st, 2022. Pawan Singla is also appointed as member of Audit Committee. 공시 • Feb 24
Vikas Proppant & Granite Limited Announces Resignation of Ashish Goyal as Non-Executive Independent Director Vikas Proppant & Granite Limited announced that Mr. Ashish Goyal has resigned from the post of Non-Executive Independent Director with effect from 21st February 2022, due to pre occupancy in other assignments. 공시 • Feb 08
Vikas Proppant & Granite Limited to Report Q3, 2022 Results on Feb 14, 2022 Vikas Proppant & Granite Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Board Change • Jan 01
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Director Ashish Goyal is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Dec 02
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Director Ashish Goyal is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Executive Departure • Sep 09
Chief Finance Officer Lokesh Garg has left the company On the 3rd of September, Lokesh Garg's tenure as Chief Finance Officer ended. We don't have any record of a personal shareholding under Lokesh's name. A total of 7 executives have left over the last 12 months. Executive Departure • Jul 02
Executive Director Kamini Jindal has left the company On the 23rd of June, Kamini Jindal's tenure as Executive Director ended. As of March 2021, Kamini still personally held 13.51m shares (₹32m worth at the time). A total of 6 executives have left over the last 12 months. Executive Departure • Jul 01
Independent Director Ravi Sharma has left the company On the 23rd of June, Ravi Sharma's tenure as Independent Director ended after 15.4 years in the role. We don't have any record of a personal shareholding under Ravi's name. A total of 5 executives have left over the last 12 months. Executive Departure • Jul 01
Independent Director Neeraj Chhabra has left the company On the 23rd of June, Neeraj Chhabra's tenure as Independent Director ended after 8.5 years in the role. We don't have any record of a personal shareholding under Neeraj's name. A total of 5 executives have left over the last 12 months. Executive Departure • Jul 01
Independent Director Aashu Garg has left the company On the 23rd of June, Aashu Garg's tenure as Independent Director ended after 2.5 years in the role. We don't have any record of a personal shareholding under Aashu's name. A total of 5 executives have left over the last 12 months. Executive Departure • Jul 01
Chairman & MD Bimla Jindal has left the company On the 23rd of June, Bimla Jindal's tenure as Chairman & MD of the company ended after 13.8 years in the role. Bimla still personally held 100.00m shares (₹234m worth) as of March 2021. This is 19% of the company. A total of 5 executives have left over the last 12 months. Under Bimla's leadership, the company delivered a total shareholder return of 36%. Reported Earnings • Jun 27
Full year 2021 earnings released: ₹0.22 loss per share (vs ₹0.078 profit in FY 2020) Full year 2021 results: Net loss: ₹113.9m (down 390% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improved over the past week After last week's 28% share price gain to ₹2.82, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 21x in the Chemicals industry in India. Total returns to shareholders of 216% over the past three years. 공시 • Feb 23
Vikas Proppant & Granite Limited to Report Q3, 2021 Results on Mar 01, 2021 Vikas Proppant & Granite Limited announced that they will report Q3, 2021 results on Mar 01, 2021 Is New 90 Day High Low • Feb 22
New 90-day low: ₹2.47 The company is down 2.0% from its price of ₹2.51 on 24 November 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 13% over the same period. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹3.09, the stock is trading at a trailing P/E ratio of 28.3x, down from the previous P/E ratio of 33.5x. This compares to an average P/E of 18x in the Chemicals industry in India. Total returns to shareholders over the past three years are 400%. Is New 90 Day High Low • Jan 07
New 90-day high: ₹3.49 The company is up 20% from its price of ₹2.90 on 09 October 2020. The Indian market is also up 20% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Chemicals industry, which is up 23% over the same period. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹3.33, the stock is trading at a trailing P/E ratio of 30.5x, up from the previous P/E ratio of 26.3x. This compares to an average P/E of 18x in the Chemicals industry in India. Total returns to shareholders over the past three years are 346%. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹2.83, the stock is trading at a trailing P/E ratio of 25.9x, down from the previous P/E ratio of 31.1x. This compares to an average P/E of 17x in the Chemicals industry in India. Total returns to shareholders over the past three years are 354%. Valuation Update With 7 Day Price Move • Dec 04
Market bids up stock over the past week After last week's 20% share price gain to ₹3.02, the stock is trading at a trailing P/E ratio of 27.7x, up from the previous P/E ratio of 23x. This compares to an average P/E of 17x in the Chemicals industry in India. Total returns to shareholders over the past three years are 399%. 공시 • Nov 19
Vikas Proppant & Granite Limited to Report Q2, 2021 Results on Nov 25, 2020 Vikas Proppant & Granite Limited announced that they will report Q2, 2021 results on Nov 25, 2020 Valuation Update With 7 Day Price Move • Nov 18
Market bids up stock over the past week After last week's 26% share price gain to ₹2.59, the stock is trading at a trailing P/E ratio of 23.7x, up from the previous P/E ratio of 18.9x. This compares to an average P/E of 16x in the Chemicals industry in India. Total returns to shareholders over the past three years are 393%. Is New 90 Day High Low • Nov 06
New 90-day low: ₹2.26 The company is down 30% from its price of ₹3.25 on 07 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 11% over the same period. Is New 90 Day High Low • Oct 13
New 90-day low: ₹2.64 The company is down 22% from its price of ₹3.37 on 15 July 2020. The Indian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period. Is New 90 Day High Low • Sep 23
New 90-day low: ₹2.85 The company is down 27% from its price of ₹3.91 on 25 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 13% over the same period. 공시 • Sep 22
Vikas Proppant & Granite Limited Announces Passing Away of B.D. Aggarwal, Director Vikas Proppant & Granite Limited announced suddenly passing away of B.D. Aggarwal, Director. 공시 • Aug 30
Vikas Proppant & Granite Limited to Report Q1, 2021 Results on Sep 04, 2020 Vikas Proppant & Granite Limited announced that they will report Q1, 2021 results on Sep 04, 2020