Debut Plus

₹245

■ +0 +0.00%

17 Jul 2026

BSE Listed

ESM 1

Vikram Thermo (India) Ltd. (530477)

Volume: 16,224Avg Vol 1W: 16,896Avg Vol 1M: 38,99152W Range:₹130.6₹253.5
BSE www.vikramthermo.com
Key Ratios
Checked just now
Market Cap₹768 Cr
Current Price₹245
Previous Close₹245
High / Low (52w)₹253.5 / ₹130.6
Volume16,224
Avg Vol (1W)16,896
Avg Vol (1M)38,991
Stock P/E19.95
Book Value₹50.03
Dividend Yield51%
ROE24.54%
ROA20.49%
Revenue (TTM)—
Revenue Growth—
Profit Margin28.51%
Total Debt—
Shares Outstanding3 Cr
Face Value—
EPS (TTM)₹12.28
P/B4.9
Debt / Equity0.06
50 DMA₹200.85
200 DMA₹170.38
Day change+0.00%
SurveillanceESM 1 (as of 2026-07-17)
Price Chart
₹245▲ 62.14% · 1Y
₹249₹1361.3L
2025-07-17
2026-07-17

20-day avg volume: 32K shares

Pros
  • Healthy return on equity of 24.5%.
  • Pays a dividend yield of 51.0%.
  • Company is almost debt-free.
  • Revenue grew 26% YoY.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹31 Cr₹34 Cr₹34 Cr₹27 Cr₹29 Cr₹35 Cr₹34 Cr₹38 Cr
EBITDA₹12 Cr₹13 Cr₹13 Cr₹7 Cr₹11 Cr₹15 Cr₹15 Cr₹12 Cr
Net Profit₹-16 Cr₹10 Cr₹9 Cr₹4 Cr₹8 Cr₹11 Cr₹11 Cr₹9 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹49 Cr₹58 Cr₹56 Cr₹74 Cr₹93 Cr₹113 Cr₹102 Cr₹129 Cr
EBITDA₹4 Cr₹7 Cr₹10 Cr₹17 Cr₹13 Cr₹24 Cr₹36 Cr₹45 Cr
Net Profit₹2 Cr₹4 Cr₹7 Cr₹12 Cr₹9 Cr₹17 Cr₹25 Cr₹8 Cr
EPS4.27.9311.8519.2413.865.398.092.58
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹60 Cr₹66 Cr₹73 Cr₹92 Cr₹104 Cr₹127 Cr₹143 Cr₹146 Cr
Total Liabilities₹21 Cr₹23 Cr₹19 Cr₹27 Cr₹31 Cr₹38 Cr₹29 Cr₹24 Cr
Equity₹39 Cr₹43 Cr₹55 Cr₹66 Cr₹73 Cr₹90 Cr₹114 Cr₹121 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹19 Cr₹9 Cr₹19 Cr₹32 Cr₹36 Cr
Investing₹-19 Cr₹-7 Cr₹-13 Cr₹-9 Cr₹-22 Cr
Financing₹3 Cr₹3 Cr₹1 Cr₹-14 Cr₹-4 Cr
Free Cash Flow₹19 Cr₹9 Cr₹19 Cr₹32 Cr₹36 Cr
Shareholding
Promoter 66.01% Institutions 0% Public 33.99%
Efficiency & Working Capital
ROCE32.6%
Interest Coverage46.9
Dividend Payout—
Debtor Days128 d
Inventory Days31 d
Payable Days30 d
Cash Conversion Cycle129 d
Working Capital Days159 d
Shareholding Details

As of 2026-03-31

Promoter66%
FII0%
DII0%
Institutions0%
Public34%
Promoter Pledge0%
No. of Shareholders11,739
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodJun 2023Sept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Promoters65.6%65.9%65.9%65.9%65.9%65.9%65.9%65.9%66%66%66%66%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public34.4%34.1%34.1%34.1%34.1%34.1%34.1%34.1%34%34%34%34%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders10,29411,08711,28412,22914,53814,12113,98113,64013,30512,72112,16511,739
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Dhirajlal Karsanbhai PatelShareholding of Promoter and Promoter Group18.5%58,02,630
Harjivanbhai K PatelShareholding of Promoter and Promoter Group5.4%16,76,625
Kundanben Ambalal PatelShareholding of Promoter and Promoter Group4.4%13,63,025
Patel Vimla DhirajlalShareholding of Promoter and Promoter Group4.3%13,31,790
Kantaben Harjivanbhai PatelShareholding of Promoter and Promoter Group3.7%11,66,776
Dinesh Harjivanbhai PatelShareholding of Promoter and Promoter Group3.7%11,45,556
Ankur Dhirajlal PatelShareholding of Promoter and Promoter Group3.2%10,03,015
Vikalp Dhirajlal PatelShareholding of Promoter and Promoter Group3.2%10,03,075
Kanchanben Ghanshyambhai PatelShareholding of Promoter and Promoter Group3.2%9,87,675
Rekhaben Mahendrakumar PatelShareholding of Promoter and Promoter Group2.8%8,88,370
Harjivanbhai K PatelShareholding of Promoter and Promoter Group2.4%7,48,845
Jaymin Chimanbhai PatelShareholding of Promoter and Promoter Group2.3%7,35,000
Basava Sankararao KolliPublic Shareholding2.3%7,12,731
Nimish Chimanbhai PatelShareholding of Promoter and Promoter Group1.9%5,88,500
Patel Alpesh AmbalalShareholding of Promoter and Promoter Group1.3%4,07,500
Shailesh Ambalal PatelShareholding of Promoter and Promoter Group1.2%3,72,500
Mahendrabhai G PatelShareholding of Promoter and Promoter Group1.2%3,68,115
Dhirajlal K Patel HufShareholding of Promoter and Promoter Group1%2,98,600
Bijalben Dineshkumar PatelShareholding of Promoter and Promoter Group0.7%2,03,140
Ambalal K PatelShareholding of Promoter and Promoter Group0.5%1,55,525
Ghanshyambhai K Patel HufShareholding of Promoter and Promoter Group0.5%1,51,200
Ambalal Karsandas PatelShareholding of Promoter and Promoter Group0.4%1,18,175
Manisha C PatelShareholding of Promoter and Promoter Group0.4%1,14,500
Alpaben Alpeshbhai PatelShareholding of Promoter and Promoter Group0.1%22,300
Priyankaben S. PatelShareholding of Promoter and Promoter Group0.1%20,075
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Dhirajlal K Patel Huf00%2026-03-31
Harjivanbhai K Patel00%2026-03-31
Ambalal K Patel00%2026-03-31
Ghanshyambhai K Patel Huf00%2026-03-31
Dinesh Harjivanbhai Patel00%2026-03-31
Rekhaben Mahendrakumar Patel00%2026-03-31
Ghanshyambhai Karsandas Patel00%2026-03-31
Mahendrabhai G Patel00%2026-03-31
Harjivanbhai K Patel00%2026-03-31
Patel Vimla Dhirajlal00%2026-03-31
Ambalal Karsandas Patel00%2026-03-31
Dhirajlal Karsanbhai Patel00%2026-03-31
Board of Directors
NameDesignationYear
Dhirajbhai Karsandas PatelChairman & Managing Director2025
D H PatelWhole-time Director2025
Ankur D PatelWhole-time Director2025
Aanal Parth SafiIndependent Non Exe. Director2025
Dinesh MistryIndependent Non Exe. Director2025
Vipulkumar Vitthalbhai PatelIndependent Non Exe. Director2025
MAHESH KANTILAL SHAHCompany Sec. & Compli. Officer2025
Segments — Geography
RegionRevenueShare
India₹91 Cr69.6%
Rest of World₹40 Cr30.4%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10323131
Corporate Actions
TypeDateValueRemark
dividend2025-09-19₹1 (10%)Final
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202500061320
20250001911
2025000539
Substantial Acquisitions (SAST)

4 disclosure(s)

Market24/06/2025 · 400
Market23/06/2025 · 1,115
Off Market Gift12/09/2023 · 1,14,500
Bonus14/05/2022 · 1,64,50,908
Company Information
Incorporated1994
ChairmanDhirajbhai Karsandas Patel
AuditorJ T Shah & Co
Investor Email[email protected]; [email protected]
🌐 www.vikramthermo.com ↗

📍 A/704-714 The Capital, Science City Road, Ahmedabad, Gujarat, 380060

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

Log inSign up free

More stocks

Rungta Irrigation Ltd.GTT Data Solutions LimitedValson Industries Ltd.Saboo Sodium Chloro Ltd.Gsl Securities Ltd.Tinna Rubber & InfrastructureStratmont Industries LimitedRelaxo FootwearsVirat Industries Ltd.Rajnish Retail LimitedTerai Tea Co.Ltd.Manraj Housing Finance Ltd.All “53” stocks →

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search