BSEResult15h ago · 4 Nov 2026, 04:04 pm
Kindly find enclosed herewith unaudited financial results for the quarter ended on 30-09-2026
Vikram Thermo India Ltd · 530477
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Vikram Thermo India Ltd has announced its unaudited financial results for the quarter ended September 30, 2026, with revenue from operations at Rs 4436.87 lakhs and profit for the period at Rs 1358.92 lakhs.
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Vikram Thermo India Ltd - 530477 - COMPLIANCE OF REGULATION 33 OF SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURES REQUIREMENTS) REGULATIONS, 2015 FOR M/S. VIKRAM THERMO (INDIA) LIMITED.
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-i) Vikram™
CHEMISTRY OF TRUST
Date: 04/11/2026
Gen. Manager (DCS)
BSE Limited.
PI Towers, Dalal Street,
Fort, Mumbai-400001
SUB: COMPLIANCE OF REGULATION 33 OF SECURITIES AND EXCHANGE BOARD OF
INDIA (LISTING OBLIGATIONS AND DISCLOSURES REQUIREMENTS) REGULATIONS.
2015 FOR MIS. VIKRAM THERMO (INDIA) LIMITED.
REF: COMPANY CODE BSE: 530477
Dear Sir,
With regard to captioned subject, the Board of Directors of the Company at its meeting held
on 04th November, 2026 has considered and approved the unaudited financial results for
the Quarter ended on 30th September, 2026. The said financial results were accompanied
by Statement of Assets & Liabilities, Cash Flow Statement & Limited Review Report given
by the statutory auditor of the company.
Kindly find enclosed herewith unaudited financial results for the quarter ended on
30th September, 2026 with Statement of Assets & Liabilities, Cash Flow Statement &
Limited Review report in compliance of Regulation 33 of Securities and Exchange Board of
India (Listing Obligations and Disclosures Requirements) Regulations, 2015.
You are requested to take the same on record.
Thanking you.
Yours sincerely,
Clrnlrman & Managing Director
MR. DHIRAJLAL K PATEL
CHAIRMAN & MANAGING DIRECTOR
(DIN: 00044350)
Regd. Office Phone
Vikram Thermo (India) Limited, +91-79-48481010/11/12
A/704 -714, The Capital, Science City Rd, Email
Ahmedabad -380060, Gujarat, India. contact@vikramthermo.com
CINNo.
www.vikramthermo.com L24296GJ1994PLC021524
(tVikram'·
CHEMISTRY OF TRUST
Statement of Standalone Unaudited Financial Results for the Quarter and Half Year Ended on 30th Se tember, 2026
(Rs in lakhs Except EPS)
Quarter Ended on Half Year Ended on Year Ended on
Particulars
30.09.26 30.06.26 30.09.25 30.09.26 30.09.25 31.03.26
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
Income from Operations
Revenue from operation 4436.87 3787.42 3463.53 8224.28 6323.99 13409.77
Other Income 92.42 88.69 21.50 172 42 35.78 162.27
Total Income (I) 4529.29 3876.11 3485.03 8396.71 6359.77 13572.04
II Expenses
a) Cost of Material Consumed 1713.13 1213.50 1131.97 2926.62 2190.44 4251.83
b) Purchase of Stock in Trade Nil Nil Nil Nil 65.06 Nil
c) Changes in inventories offinished goods, work-in-progress and stock-in-
(117.09) (169.40) 7.14 (286.49) (148.94) 81.00
trade
d) Employee Benefit Expense 363.51 367.79 313.83 731.30 618.74 134835
e) Finance cost 12.44 ll.79 9.02 24.23 21.30 45.98
f) Depreciation & amortization 89.38 87.99 74.31 177.37 144.55 296.73
g) Other Expenditure 644.61 574.35 461.45 1210.27 915.66 2323.69
Total Expenses(ll) 2705.97 2081;.03 1997.73 4783.30 3806.80 8347.58
Ill Profit/(Loss) before exceptional Items and tax (I -II) 1.823.32 1790.08 1487.30 3613.41 2552.97 5224.46
IV Exceptional Items NII Nil NII Nil Nil Nil
v Profit/ (Loss) before Tax after exceptional Items & before tax (lll+IV) 1823.32 1790.08 1487.30 3613.41 2552.97 5224.46
VI Tax expense
(i) Current Tax 441.51 457.68 3c2.47 8_99.19 632.57 1339.53
(ii) Deferred Tax 22.89 4.24 17.17 27.13 18.61 5.80
(iii) Short/ (Excess) provision of tax of earlier years Nil Nil Nil Nil Nil 29.29
VII Profit/(Loss) for the period/year after Exeptional item & Tax 1358.92 1328.16 1107.66 2687.08 1901.79 3849.85
Other Comprehensive Income for the period/year (Net of Tax) 1.43 1.43 (0.77) 2.86 (1-54) 5.71
XIII Total Comprehensive Income for the period/year from (Xll+Xlll) 1,360.35 1,329.59 1,106.89 2,689.94 1,900.25 3,855.56
IX Paid up equity share capital 3135.79 3135.79 3135.79 3135.79 3135.79 3135.79
(Face value of Rs.10 each)
x Reserve excluding Revaluation Reserves 12551.4$
XI Earnings Per Share (Not Annualised):
Basic and Diluted Earnings Per equity share of face value of Rs.10/-each 4.33 4.24 3.53 8.57 6.06 12.28
Notes:
1 The above standalone unaudited financial results of the Company for the quarter ended September 30, 2026 have been reviewed and recommended by the
audit committee and approved by the board of directors of the Company in their meeting held on Wednesday, November 4, 2026 . The auditors have carried
out an limited review of the said financial results.
2 The Statement has been prepared in accordance with the companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the
Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable.
3 Segment Reporting as defined in IND-AS 108 is not applicable, since the Company has only one reportable segment i.e. "Pharma Polymers".
4 Figures of previous reporting periods have been regrouped/reclassified wherever necessary to correspond with the figures of the current reporting period.
5 The Company does not have any subsidiary/associate/joint venture company(ies), as on September 30,2026.
BY ORDER OF THE BOARD OF DIRECTORS,
FOR, VIKRAM THERMO (INDIA) LTD.
For ViKRAM TH flMO (lND!A) LIMITE
Place: Ahmedabad
Date: 04-11-2026
Regd. Office Phone
Vikram Thermo (India) Limited, +91-79-48481010/11/12
A/704 -714, The Capital, Science City Rd, Email
Ahmedabad -380060, Gujarat, India. contact@vikramthermo.com
CINNo.
www.vikramthermo.com L24296GJ1994PLC021524
~~t Vikram~ CHEMISTRY OF TRUST
Statement of Assets and Liabilities (Rs in Lakhsl
Particulars As at 30/09/202.6 As at 31/03/2026
A ASSETS
1 Non-Current Assets
(a) Property, Plant & Equipment and Intangible Assets
(i) Property, Plant and Equipment 5,582.78 5,701.52
(ii) Capital Work-In-Progress 4.05 4.05
(iii) Right-of-use Assets 38.02 38.68
(iv) Intangible Assets 1.00 1.47
(b) Financial Assets
(i) Loans Nil Nil
(i) Other Financial Assets 709.43 1,177.50
(c) Other Non-Current Assets 3,490.64 3,363.50
Total Non-Current Assets 9,825.92 10,286.72
2 Current Assets
(a) Inventories 1,455.23 1,031.44
(b) Financial Assets
(i) Investments 2,981.25 2010.31
(ii) Trade Receivables 5,541.68 4,596.70
(iii) Cash and Cash Equivalents 551.83 484.74
(iv) Other Bank Balances 1,315.17 165.30
(v) Other Financial Assets 106.90 62.92
(c) Current Tax Assets (Net) Nil Nil
(d) Other Current Assets 368.26 152.75
Total Current Assets 12,320.32 8,504.16
Total Assets (1+2) 22,146.24 18,790.88
B EQUITY AND LIABILITIES
1 Equity
(a) Equity Share Capital 3,135.79 3,135.79
(b) Other Equity 14,849.40 12,551.43
Total equity 17,985.19 15,687.22
LIABILITIES
2 Non-Current Liabilities
(a) Financial Liabilities
(i) Borrowings 332.04 294.11
(ii) Lease Liability 5.93 5.97
(b) Current Tax Liabilities (Net) 4.56 0.00
(c) Deferred Tax Liabilities (Net) 254.05 225.94
Total Non -Current Liabilities 596.58 526.02
3 Current liabilities
(a) Financial Liabilities
(i) Borrowings 111.40 164.80
(ii) Lease Liability 0.06 0.06
(iii) Trade Payables
-Total outstanding dues of micro and small enterprises
147.51 230,11
-Total outstanding dues of creditors other than micro and
1,661.70 1,009.13
small enterprises
(iv) Other Financial Liabilities 1,017.79 552.83
(b) Other Current Liabilities 340.33 576.26
(c) Provisions 41.36 37.44
(d) Current Tax Liabilities (Net) 244.34 7.00
Total Current Liabilities 3,564.49 \ 2,577.63
Total Equity and Liabilities (1+2+3) 2.2,146.2.4 18),90.88
Regd. Office Phone
Vikram Thermo (India) Limited, +91-79-48481010/11/12
A/704 -714, The Capital, Science City Rd,
Email
Ahmedabad -380060, Gujarat, India. contact@vikramthermo.com
CINNo.
www.vikramthermo.com L24296GJ1994PLC021524
CHEMISTRY OF TRUST
STATEMENT OF CASH FLOW
· {Rs in Lakhs)
Half Year Ended Half Year Ended
Particulars
30/09/2026 30/09/2025
A: Cash from Operating Activities :
3,613.41 2,552.97
Profit I (Loss) before Tax after exceptional Items & before tax
Adjustment For:
Depreciation and Amortisation Expense 177.37 144.55
Finance costs 24.23 21.30
Allowance/(Reversal) for Expected Credit Loss 47.31 5.59
Fair Value gain on Current Investment (18.40) (4.07)
Gain on Sale of Property, Plant and Equipment 0.05 (1.60)
Gain on Sale of Current Investment (57.54) (9.07)
Interest Income (63,83) J0.61)
109.18 156.10
Operating Profit Before Working Capital Changes: 3,722.59 2,709.07
Adjustment For:
Decrease/(in
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