Vikas Wsp

What Vikas Wsp does

Vikas WSP Limited is an India-domiciled public company listed on the National Stock Exchange of India under the ticker VIKASWSP, historically engaged in the manufacture of guar gum powder, a commodity industrial chemical used across food processing, oilfield services, textiles, and related sectors. The company was founded in 1988–1989, is headquartered in Sri Ganganagar (Rajasthan), and operates an additional office in New Delhi; its historical headcount range is 501–1,000 employees. The company is identified as having been founded by B D Agarwal.

As of mid-2026, Vikas WSP is under India's Corporate Insolvency Resolution Process (CIRP) and has reported a complete cessation of business operations. For the quarter ended March 2026, the company reported a standalone net loss of Rs 40.72 crore against zero sales; for the full fiscal year 2025–26, the net loss widened to Rs 66.98 crore from Rs 26.61 crore in the prior year, again against zero sales. The company continues to maintain its public-company obligations — filing financial reports with stock exchanges and conducting shareholder meetings — including an adjourned 37th Annual General Meeting (initially scheduled for June 24, 2026 and reconvened on July 1, 2026), at which Baljinder Singh was appointed as a director with 95.61% approval from public non-institutional shareholders. No active products, customers, distribution channels, or operational revenue mechanics are evident from the source material, and the business model is effectively non-operational pending the outcome of the insolvency proceedings.

Name

Vikas Wsp

Legal name

Vikas WSP Limited

Website

https://vikasguargum.com

Company type

Public

Founded year

1989

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Vikas WSP Limited is an India-listed public company historically manufacturing guar gum powder that is currently under Corporate Insolvency Resolution Process and has ceased operations with zero sales and widening losses.

Ownership category

akta.pro rank

Product category

Industrial Chemicals Manufacturing

akta.pro primary industry

Guar, Locust Bean & Tara (Seed Gums) (AFAJABAG)

Keywords

• Guar gum powder
• Industrial chemicals
• Hydrocolloid production
• Agro processing
• Natural gum manufacturing

Headquarters

HQ city

Sri Ganganagar

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Others

Core offering

Vikas WSP Limited historically manufactured and sold guar gum powder used as an industrial hydrocolloid. The company is currently under Corporate Insolvency Resolution Process and has reported zero sales, indicating it is no longer actively producing or selling its guar gum products.

Product overview

Vikas WSP Limited is a company that appears to have operated in the industrial chemicals sector, with potential involvement in guar gum production based on market context. The company is currently under corporate insolvency resolution process (CIRP) and reported zero sales for both Q4 and full-year FY 2025-26, indicating a complete cessation of business operations. No specific named products, modules, or service offerings could be extracted from the provided source data.

Differentiator

Problem solved

Functional benefit

Products and services

• Guar Gum Powder Industrial guar gum powder historically manufactured by Vikas WSP Limited for industrial buyers; production and sales have ceased under the ongoing Corporate Insolvency Resolution Process.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves4 records

Broad incumbents

• Lucid Colloids Limited: Larger Indian hydrocolloid and specialty-ingredients producer (including guar gum) serving food, personal care and industrial customers. Broader product portfolio than Vikas WSP but overlapping guar-gum offerings and Indian customer base.
• Cargill, Incorporated (India): Global agri-commodities giant that trades and processes guar gum among many other hydrocolloids. Operates at much larger scale and broader portfolio, but competes directly with Vikas WSP for guar gum customers globally.

Others

• Dangote Group (Agribusiness): While primarily an African-focused commodity/industrial conglomerate, Dangote's agri-processing arm engages in seed-gum and starch-adjacent ingredients. Adjacent rather than directly competitive, but represents the kind of strategic acquirer that could absorb distressed guar-gum assets.

Direct peers

• Agro Gums (Rajasthan): Rajasthan-based guar gum powder manufacturer supplying food-grade and industrial-grade products. Operates in the same geography and product line as Vikas WSP.
• India Gum Industries Pvt. Ltd. Specialized Indian guar gum powder producer serving food, pharma and oil-drilling applications. Operates in the same commodity hydrocolloid space as Vikas WSP with overlapping grades and export markets.
• Hindustan Gum & Chemicals Limited: Indian manufacturer of guar gum powder and derivatives, with similar Sri Ganganagar-adjacent operations, customer base (food, oilfield, mining), and product portfolio. Closest direct competitor to Vikas WSP in Indian guar gum manufacturing.
• Shree Ram Gum & Chemical Industries: Manufacturer of guar gum powder and other seed-gum derivatives, headquartered in Rajasthan. Same product category, raw-material sourcing region, and customer verticals as Vikas WSP.
• Premcem Gums Pvt. Ltd. Indian manufacturer of guar gum powder and derivatives for food, oilfield and textile applications. Comparable product mix, customer base, and Indian mid-cap scale to Vikas WSP.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vikas Wsp