--- title: "Vikash Metal & Power Ltd (VIKASHMET) — Share Price, Financials & Analysis" symbol: "VIKASHMET" company: "Vikash Metal & Power Ltd" canonical: "https://tapetide.com/stocks/VIKASHMET" generated_at: "2026-10-13T10:59:13.056Z" --- # Vikash Metal & Power Ltd (VIKASHMET) Canonical page: https://tapetide.com/stocks/VIKASHMET ## Company - **Stock Type:** EQUITY - **Face Value:** ₹10 - **F&O Eligible:** No - **Website:** vikashmetalpower.com ## About Vikash Metal & Power Limited manufactures and sells iron and steel products in India. The company offers sponge iron, MS billets, MS rounds, TMT bars, pig iron, and silico and ferro managanese alloys. ## Latest Price ## Key Insights ### Weaknesses - Company has low interest coverage ratio. ## Financial Statements ### Quarterly Results All figures in ₹ crore unless the row name says otherwise. | Item | Jun 2013 | Sep 2013 | | --- | --- | --- | | Sales | 0 | 0 | | Expenses | 0.07 | 0.08 | | Operating Profit | -0.07 | -0.08 | | Other Income | 0.01 | 0 | | Interest | 0 | 0 | | Depreciation | 1.76 | 1.76 | | Profit before tax | -1.82 | -1.84 | | Tax % | 0 | 0 | | Net Profit | -1.82 | -1.84 | | EPS in Rs | -0.26 | -0.26 | ### Profit & Loss All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Jun 2012 15m | Mar 2013 9m | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 59 | 169 | 331 | 593 | 692 | 850 | 476 | 0 | | Expenses | 49 | 151 | 302 | 561 | 652 | 799 | 538 | 43 | | Operating Profit | 9 | 19 | 30 | 32 | 40 | 50 | -62 | -43 | | OPM % | 16 | 11 | 9 | 5 | 6 | 6 | -13 | — | | Other Income | 1 | 0 | 2 | 3 | 2 | 2 | -75 | 5 | | Interest | 2 | 5 | 9 | 18 | 27 | 28 | 33 | 3 | | Depreciation | 1 | 3 | 4 | 7 | 9 | 9 | 10 | 5 | | Profit before tax | 6 | 12 | 19 | 10 | 6 | 15 | -179 | -46 | | Tax % | 34 | 34 | 35 | 36 | 29 | 31 | -10 | 0 | | Net Profit | 4 | 8 | 13 | 7 | 4 | 10 | -161 | -46 | | EPS in Rs | — | — | — | — | — | — | -22.57 | -6.45 | | Dividend Payout % | 0 | 23 | 14 | 13 | 21 | 17 | 0 | 0 | ### Balance Sheet All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Jun 2012 | Mar 2013 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Equity Capital | 35 | 35 | 35 | 35 | 35 | 35 | 71 | 71 | | Reserves | 31 | 39 | 50 | 55 | 57 | 66 | -79 | -125 | | Borrowings | 47 | 105 | 166 | 203 | 328 | 389 | 511 | 500 | | Other Liabilities | 18 | 64 | 130 | 213 | 310 | 195 | 117 | 116 | | Total Liabilities | 131 | 243 | 381 | 506 | 731 | 685 | 621 | 562 | | Fixed Assets | 36 | 55 | 81 | 161 | 154 | 146 | 72 | 67 | | CWIP | 27 | 67 | 77 | 2 | 0 | 0 | 0 | 0 | | Investments | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | | Other Assets | 68 | 121 | 223 | 343 | 577 | 538 | 548 | 495 | | Total Assets | 131 | 243 | 381 | 506 | 731 | 685 | 621 | 562 | ### Cash Flow All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Jun 2012 | Mar 2013 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Cash from Operating Activity | -8 | -11 | -17 | -8 | -93 | 59 | -105 | 2 | | Cash from Investing Activity | -60 | -46 | -36 | -15 | -5 | -2 | -55 | 3 | | Cash from Financing Activity | 68 | 57 | 52 | 23 | 102 | -62 | 224 | -9 | | Net Cash Flow | 0 | 0 | 0 | 0 | 4 | -4 | 64 | -3 | | Free Cash Flow | -47 | -69 | -54 | -18 | -95 | 57 | -105 | 2 | | CFO/OP | -80 | -56 | -51 | -23 | -229 | 127 | 170 | -5 | ### Ratios | Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Jun 2012 | Mar 2013 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Debtor Days | 78 | 98 | 100 | 110 | 166 | 116 | 157 | — | | Inventory Days | 128 | 117 | 75 | 48 | 43 | 57 | 0 | — | | Days Payable | 75 | 121 | 118 | 115 | 154 | 52 | — | — | | Cash Conversion Cycle | 131 | 94 | 57 | 43 | 54 | 121 | 157 | — | | Working Capital Days | 293 | 127 | 104 | 80 | 137 | 153 | 277 | — | | ROCE % | — | 11 | 13 | 10 | 9 | 9 | -11 | — | ## Technical Indicators Derived from daily closing prices and recomputed each trading session; values move with the market. - **Overall Signal:** Strong Buy - **Buy / Neutral / Sell:** 10 / 7 / 2 ### Moving Averages — summary: **Strong Buy** | Indicator | Value | Signal | | --- | --- | --- | | SMA (10) | 9.01 | Buy | | EMA (10) | 9.1 | Buy | | SMA (20) | 8.61 | Buy | | EMA (20) | 8.82 | Buy | | SMA (50) | 8.7 | Buy | | EMA (50) | 8.82 | Buy | | SMA (100) | 9.3 | Buy | | EMA (100) | 9.2 | Buy | | SMA (200) | 9.96 | Sell | | EMA (200) | 9.88 | Sell | ### Oscillators — summary: **Buy** | Indicator | Value | Signal | | --- | --- | --- | | RSI (14) | 59.45 | Neutral | | MACD (12,26,9) | 0.26 | Buy | | Stochastic (14,3,3) | 75.6 | Neutral | | ADX (14) | 23.83 | Neutral | | Williams %R (14) | -22.13 | Neutral | | ATR (14) | 0.87 | High Volatility | | ROC (12) | 15.38 | Buy | | Stoch RSI (14) | 69.51 | Neutral | | UO (7,14,28) | 69.79 | Neutral | ## Filings & Documents ### Annual Reports | Date | Document | | --- | --- | | Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/532677/5326770313.pdf) | | Jun 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/532677/5326770612.pdf) | | Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/532677/5326770311.pdf) | | Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/532677/5326770310.pdf) | | 2010 | [Annual Report 2010](https://archives.nseindia.com/annual_reports/AR_VIKASHMET_2009_2010_03092010120000.zip) | --- Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:13.056Z.