Market cap
₹957 Cr
Revenue (TTM)
₹144 Cr
P/E Ratio
21.8
P/B Ratio
5.6
Div. Yield
0.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 0.26 | 32.40 | 16.66 | 10.12 | 12.70 |
| EBIT | 52.94 | 61.48 | 39.44 | 33.52 | 32.85 |
| Net Profit | 55.94 | 67.22 | 33.61 | 33.93 | 33.12 |
| EPS | 55.93 | 67.22 | 37.29 | 33.93 | 33.12 |
| Book Value | -- | -- | 6.98 | 18.24 | 17.36 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 29.40 | 24.58 | 39.82 | 33.41 | 34.29 |
| Net Margin
| 22.19 | 18.44 | 29.86 | 26.14 | 25.45 |
| Return on equity
| 25.04 | 21.53 | 29.80 | 28.73 | 25.65 |
| Return on Capital
| 30.75 | 26.37 | -- | 36.29 | 31.33 |
| Return on Assets
| 17.49 | 14.83 | 26.27 | 20.57 | 18.01 |
| Debt to Equity (x)
| -- | -- | 0.02 | 0.05 | 0.06 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
--
|
36.29
|
31.33
|
24.63
|
15.38
|
|
Peer Median
|
--
|
14.72
|
18.85
|
11.60
|
--
|
ROE
29.80
Higher than Peers by 18.94
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
29.80
|
28.73
|
25.65
|
20.73
|
12.49
|
|
Peer Median
|
10.86
|
11.67
|
14.92
|
11.46
|
--
|
ROA
26.27
Higher than Peers by 19.53
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
26.27
|
20.57
|
18.01
|
13.89
|
8.26
|
|
Peer Median
|
6.74
|
7.86
|
9.06
|
6.44
|
--
|
EBIT Margin
39.82
Higher than Peers by 27.13
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
39.82
|
33.41
|
34.29
|
20.49
|
12.85
|
|
Peer Median
|
12.69
|
15.03
|
14.71
|
12.37
|
--
|
Net Margin
29.86
Higher than Peers by 21.00
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
29.86
|
26.14
|
25.45
|
14.98
|
9.31
|
|
Peer Median
|
8.86
|
9.33
|
8.49
|
10.02
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
0.00
|
28.74
|
28.14
|
18.04
|
12.40
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
16.66
Higher than Peers by 8.52
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
16.66
|
24.64
|
-9.21
|
20.49
|
25.79
|
|
Peer Median
|
8.14
|
10.27
|
11.85
|
9.08
|
--
|
EBIT Growth
39.44
Higher than Peers by 22.20
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
39.44
|
21.44
|
51.94
|
92.18
|
-26.14
|
|
Peer Median
|
17.24
|
24.15
|
28.00
|
-3.12
|
--
|
Net Profit Growth
33.61
Higher than Peers by 16.76
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
33.61
|
29.56
|
54.07
|
94.63
|
-27.98
|
|
Peer Median
|
16.85
|
30.29
|
36.51
|
-0.85
|
--
|
EPS Growth
37.29
Higher than Peers by 26.69
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
37.29
|
29.55
|
54.07
|
94.63
|
-27.98
|
|
Peer Median
|
10.60
|
24.50
|
--
|
-6.82
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
--
|
6.98
|
26.60
|
22.06
|
11.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.02
Lower than Peers by 0.02
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
0.02
|
0.05
|
0.06
|
0.21
|
0.20
|
|
Peer Median
|
0.04
|
0.23
|
0.20
|
0.15
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
--
|
0.01
|
--
|
0.11
|
0.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.30
Higher than Peers by 1.58
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
3.30
|
2.39
|
2.83
|
2.02
|
2.36
|
|
Peer Median
|
1.72
|
1.79
|
1.96
|
2.08
|
--
|
Quick Ratio
2.90
Higher than Peers by 1.72
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
2.90
|
2.04
|
2.33
|
1.71
|
1.82
|
|
Peer Median
|
1.17
|
1.47
|
1.44
|
1.58
|
--
|
Interest Coverage
132.03
Higher than Peers by 124.17
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
132.03
|
47.79
|
32.82
|
20.70
|
14.32
|
|
Peer Median
|
7.86
|
9.42
|
8.58
|
15.41
|
--
|
Operating Efficiency
Debtors to sales
31.86
Higher than Peers by 6.07
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
31.86
|
35.05
|
38.82
|
29.90
|
25.54
|
|
Peer Median
|
25.79
|
25.82
|
26.12
|
22.96
|
--
|
Asset Turnover
0.86
Higher than Peers by 0.20
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
0.86
|
0.77
|
0.70
|
0.92
|
0.88
|
|
Peer Median
|
0.67
|
0.75
|
0.77
|
0.65
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
--
|
120.80
|
130.94
|
93.26
|
85.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
--
|
36.58
|
44.32
|
35.30
|
40.86
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
--
|
82.35
|
109.45
|
65.82
|
59.45
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
--
|
75.02
|
65.81
|
62.74
|
67.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
21.83
Lower than Peers by 20.08
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
21.83
|
16.25
|
18.33
|
11.33
|
2.82
|
|
Peer Median
|
41.91
|
39.70
|
33.48
|
37.74
|
--
|
Price / Book Value
5.62
Higher than Peers by 1.31
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
5.62
|
4.52
|
4.21
|
2.14
|
1.67
|
|
Peer Median
|
4.32
|
3.72
|
4.21
|
3.22
|
--
|
Dividend Yield
0.41
Higher than Peers by 0.30
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
0.41
|
0.57
|
0.49
|
0.82
|
0.15
|
|
Peer Median
|
0.10
|
0.16
|
0.21
|
0.57
|
--
|
EV/EBITDA
15.14
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
15.14
|
11.65
|
12.58
|
7.54
|
8.80
|
|
Peer Median
|
--
|
30.23
|
29.90
|
28.81
|
--
|
Market Cap
957
Lower than Peers by 6,701
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Vikram Thermo
|
957
|
548
|
478
|
192
|
123
|
|
Peer Median
|
7,658
|
4,851
|
2,099
|
15,272
|
--
|