Vikas Proppant & Granite Limited, originally Adarsh Derivatives Limited, manufactures guar gum and its derivatives, primarily used in textiles, food processing, pharmaceuticals, and oil drilling.

The company operates a plant in Chandisar, Gujarat, producing guar splits, polymers, derivatives, and cattle feed, demonstrating significant production capacity.

Vikas Proppant's products are successfully exported, particularly to markets in the USA and Europe, indicating strong international demand.

In 2018, the company executed a preferential allotment, significantly enhancing its share capital, signaling a strategic move to strengthen its financial foundation.