Vikram Aroma Ltd (VIKRAMAR) Share Price & Fundamentals

What we do

Vikram Aroma Limited manufactures and sells Diphenyl Oxide and aromatic chemicals, serving the chemical industry with a focus on specialized chemical products.

Founded in

2,021

Market share

Leading manufacturer in Diphenyl Oxide segment with growing presence in India and international markets.

Problem solved

Provides high-quality aromatic chemicals essential for diverse industrial applications, ensuring stable supply for manufacturing processes.

Top clients or who we serve

Industrial buyers in chemical sectors, including perfumery, agrochemicals, and petrochemicals; primarily B2B.

Key management

Chairman & Managing Director Mr. Ankur Dhirajlal Patel; Executive Director & CFO Mr. Mahendrabhai Ghanshyambhai Patel.

Our journey and innovations

Incorporated in 2021; demerged Diphenyl Oxide business from Vikram Thermo in 2022; publicly listed in 2025; focusing on expansion and technology adoption.

Where we operate

Operations primarily in India with export presence in select international markets.

Top products or what we offer

Flagship product Diphenyl Oxide and other aromatic chemicals used in various industrial sectors.

Top brands

Diphenyl Oxide - leading product in aromatic chemical category with expanding market reach.

Raw materials needed

Aromatic hydrocarbons and chemical intermediates essential for Diphenyl Oxide production.

Raw materials supplier

Supplied by specialized chemical raw material providers within and outside India.

Recurring vs cyclical contribution

Revenue is driven by both recurring industrial demand and some cyclical market trends.

Our industry position

Recognized as a key player and growing competitor in aromatic chemical manufacturing in India.

Financial highlights

Revenue increased to Rs. 28.14 Crores; Net loss of Rs. 1.5 Crores in FY 2024-25 post demerger and listing expenses.

Geographical revenue split

Approximately 62% India and 38% Rest of World revenue contribution in FY 2024-25.

Order book

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Whats driving growth

Expansion after demerger, increased demand for aromatic chemicals, listing support, and strategic market focus.

Our future plans

Focus on business expansion, capacity enhancement, technology integration, and improving profitability.

Our green promise

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Our people and values

Committed to attracting and retaining talent, fostering an ethical culture with diversity and inclusion values.

Key challenges ahead

Managing losses, ramping up capacity, competitive pressures, and regulatory compliance.

Interesting facts

Demerged aromatic chemical business from Vikram Thermo and rapidly listed shares within three years of incorporation.

Risks and strategy

Mitigating market volatility and costs through focused strategy, governance, and risk management policies.