Vikas Lifecare Share Price

Vikas Lifecare Ltd was incorporated on 22nd November 1994 and is headquartered in Mumbai, Maharashtra. Founded by the Vasantrao Kalke Group, the company is listed on both the National Stock Exchange (VIKASLIFE) and Bombay Stock Exchange (542655). Vikas Lifecare is a diversified industrial enterprise with interests in infrastructure, engineering, real estate, healthcare, and agri-business. It specialises in design-build projects, modular fabrication, and infrastructure development across sectors such as water treatment, healthcare facilities, warehouses, and food processing.

Vikas Lifecare Business Segments and Revenue Model

The company operates through four core verticals:

• Healthcare & Diagnostics: Designing and constructing hospitals and diagnostic centres.
• Engineering & Infrastructure: Modular fabrication, EPC (engineering, procurement, and construction), water & wastewater treatment plants.
• Food Processing & Agri-Business: Processing rice, pulses, and edible oils through its subsidiaries.
• Real Estate & Warehousing: Developing industrial parks, warehouses, and logistics hubs.

Revenue is generated through project contracts (EPC orders), sale of processed agri-products, rentals from real estate assets, and recurring diagnostics income. The revenue model blends one-time project billing with recurring revenues from facility operations, processing units, and rental incomes, creating a balanced income mix and stable cash flows.

Vikas Lifecare Key Milestones

• 1994: Incorporated as Vikas Lifecare Enterprises.
• 1998: Diversified into engineering and infrastructure services.
• 2004: Ventured into healthcare infrastructure with diagnostic centres.
• 2008: Expanded into food processing via strategic joint ventures.
• 2012: Launched modular fabrication division for process industries.
• 2016: Listed on NSE and BSE following a successful IPO.
• 2018: Commissioned its first wastewater treatment plant for municipal clients.
• 2020: Acquired a 75-acre land parcel for warehousing and logistics development.
• 2022: Entered capacity expansion in rice processing with a modern plant.
• 2024: Awarded multi-crore EPC contracts in water treatment and healthcare infrastructure across multiple states.

Vikas Lifecare ESG and Sustainability

• Focus on sustainable infrastructure with water recycling, energy-efficient designs, and green building practices.
• Implements rainwater harvesting, solar rooftop systems, and modular structures to reduce waste.
• Promotes community health initiatives, diagnostic camps, and rural employment generation.
• Committed to reducing carbon emissions per project by 25% by 2030 through green technologies and optimisation.

Vikas Lifecare Awards and Recognitions

• Won ‘Best EPC Contractor – Infrastructure’ at the Construction Technology Awards in 2023.
• Received ‘Excellence in Sustainable Development’ recognition from industry bodies.
• Honoured with the ‘Agri Innovation’ award for food processing solutions.
• Recognised as Top Healthcare Infrastructure Developer at the Healthcare Leadership Summit in 2024.