Vikas Lifecare Ltd is a New Delhi-based manufacturer and supplier of plastic and PVC products. It is a public company and is listed on both the BSE and the National Stock Exchange.
The company’s core business is the production of synthetic and natural rubber, polymer and rubber compounds and specialty additives for plastics.
In addition to its core business, Vikas Lifecare has diversified into producing up-cycled materials from industrial and post-consumer waste and scrap products. Recycled materials have contributed to environmental protection and meeting the extended producer responsibility (EPR) obligations of the government.
Vikas Lifecare is a del-credere agent of Oil and Natural Gas Corporation Ltd, producing a wide variety of base polymers and commodity plastic raw materials.
Vikas Lifecare has an agro products business vertical and is empanelled with The National Agricultural Cooperative Federation of India and the Uttar Pradesh Horticultural Co-Operative Marketing Federation.
The company most recently diversified beyond raw materials (B2B businesses) and made a foray into the B2C segment with consumer products for FMCG, agro and infrastructure segments. The company expanded in the business vertical via acquisitions, joint ventures and tie-ups.
As part of its expansion strategy, Vikas Lifecare holds a 95% stake in Genesis Gas Solutions Pvt Ltd. Genesis is involved in the supply of smart gas metres to major gas distribution companies for domestic and commercial consumers. Genesis commands about 20% of the domestic gas metering business share in India.
Vikas Lifecare also has a 51.38% stake in Shashi Beriwal & Co Pvt Ltd which manufactures packaged beverages including fruit juices and aerated drinks. It also produces Energy Drinks. Shashi Beriwal & Co has a manufacturing unit in Sonipat, Haryana.
Vikas Lifecare also holds a 30% stake in FMCG retail chain stores Ardh Sainik Canteen.
Vikas Lifecare is engaged in the trading and manufacturing of polymer compounds such as PVC compounds, BASE polymers, additives and chemicals. It also up-cycles polymer compounds. It has an R&D lab to check final products.
The company has ventured into the FMCG business segment. The vertical comprises branded packaged foods, agri commodities and personal care products. It is also involved in the trading of raw and finished cashew nuts and rice.
Vikas Lifecare has ventured into food-grade piping systems for drinking water under the Jal Jeevan Mission. It sources and supplies food-grade plastic raw materials for food and drinking water contact applications of plastic piping systems, steel fittings and steel bars.
The company is making a foray into futuristic and unique product lines. Vikas Lifecare’s arm Genesis Gas Solutions Private Limited develops smart gas metres & power distribution solutions for the infrastructure sector.
The market capitalisation of the company is over ₹900 crore as of January 11, 2024. Vikas Lifecare share price has gained over 30% in the last three years.
Vikas Lifecare Ltd's revenue from operations for FY23 stood at ₹476 crore, up by 58% compared to ₹301 crore in FY22. The company reported a loss after tax of ₹15.5 crore in FY23 against a net profit of ₹10 crore in FY22. The Earnings per Share (EPS) at the end of FY23 was - ₹0.12, compared to ₹0.31 for the previous financial year.
As of 27 May 2026, Vikas Lifecare share price is ₹1.45. The stock opened at ₹1.47, compared to its previous close of ₹1.47. During today's trading session, Vikas Lifecare share price moved in the range of ₹1.45 to ₹1.50, with an average price of ₹1.48 for the day. Looking at its last 52-week, the stock has touched a low of ₹1.45 and a high of ₹1.50.
The market capitalization of Vikas Lifecare is ₹275 Crs, with a P/E ratio of -10.3 and a dividend yield of 0.00%.