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Vikas EcoTech Limited

Vikas EcoTech Limited

VIKASECO.BO
Vikas EcoTech LimitedIN flagBombay Stock Exchange
1.19
INR
-0.02
- -
2.12BMarket Cap
Vikas EcoTech Limited
VIKASECO.BO
(Bombay Stock Exchange)

Recent

price

1.19

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.97
3.77
4.04
6.19
10.35
5.15
7.49
9.04
5.15
5.43
4.26
2.56
2.44
4.15
2.13
2.72
2.35
Revenue per Share
0.1
0.2
0.22
0.09
0.2
0.09
0.62
0.57
0.59
0.33
0.02
-0.32
0.01
0.1
0.06
0.12
0.05
Basic EPS, GAAP
- -
-0.51
0.1
-0.24
-0.14
-0.36
-0.36
-0.79
-0.42
-0.19
0.57
0.25
-0.21
0.91
0.95
-0.47
- -
Free Cash Flow per Basic Share
- -
0.03
0.01
0.01
0.03
0.01
0.03
0.03
0.03
0.03
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.25
0.32
0.25
0.25
0.62
0.67
1.29
1.88
2.27
2.56
2.58
2.27
1.81
1.9
1.9
1.78
- -
Book Value per Share
0.44
0.82
0.84
0.93
2.49
1.06
1.65
3.24
2.84
3.14
3.17
2.83
2.41
2.51
2.99
2.73
- -
Tangible Book Value per Share
317
317
407
407
164
410
410
410
451
451
451
451
939
949
1,212
1,388
1,443
Basic Weighted Avg Shares
625
1,198
1,647
2,521
1,697
2,110
3,072
3,713
2,326
2,453
1,922
1,156
2,290
3,935
2,586
3,777
3,396
Sales/Revenue/Turnover
10.31
8.28
6.07
3.55
4.92
6.46
16.09
17.19
20.8
10.3
5.42
0.46
8.59
4.59
5.27
1.84
2.31
Operating Margin (%)
- -
12
20
20
32
36
34
43
36
52
48
40
36
40
38
53
55
Depreciation Expense
31
63
90
37
33
38
255
232
267
150
10
-143
14
95
68
170
68
Net Income, GAAP
5.22
2.78
1.44
6.33
19.78
39.16
34.96
35.08
35.18
39.56
64.69
- -
33.52
9.18
27.34
21.11
26.56
Effective Tax Rate (%)
4.89
5.3
5.46
1.45
1.96
1.79
8.31
6.25
11.49
6.12
0.53
-12.42
0.61
2.42
2.65
4.5
1.99
Profit Margin (%)
240
126
192
235
164
295
486
1,089
865
1,084
971
693
1,638
1,246
700
1,452
- -
Working Capital
188
48
57
58
18
75
97
80
54
249
44
54
31
- -
2
5
- -
LT Debt
138
262
346
380
409
433
678
1,330
1,284
1,419
1,430
1,286
2,276
2,379
3,764
3,933
- -
Total Equity
23.52
30.32
19.08
10.21
7.69
8.59
22.13
18.72
11.49
5.18
1.23
- -
4.35
5.29
2.84
1.33
- -
Return on Invested Capital (%)
22.32
46.93
41.75
6.18
14.07
12.73
24.97
17.54
14.93
8.6
2.58
- -
5.18
7.18
4.61
7.57
4.49
Return on Capital (%)
38.9
70.68
89.01
36.31
32.8
20.14
63.52
35.65
29.8
13.78
0.88
-13.12
1.02
5.45
3.33
7.1
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
ST Debt
- -
364
- -
LT Borrowings
- -
11
- -
LT Finance Leases
- -
2
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
1,388
- -
Market Capitalization
3,967
3,107
2,423

Working Capital

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
Total Current Assets
- -
2,390
- -
Cash, Cash Equivalents & STI
- -
524
- -
Accounts Receivable, Net
- -
1,032
- -
Inventories
- -
353
- -
Total Current Liabilities
- -
857
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
364
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
29.47%
26.83%
4.48%
Free Cash Flow
-136.38%
-198.66%
-156.75%
Net Income, GAAP
-47.14%
-182.98%
148.06%
Sales/Revenue/Turnover
15.47%
28.37%
46.03%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
577
607
685
717
2,586
2025
1,011
892
848
1,026
3,777
2026
1,036
647
687
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.01
- -
0.06
2025
0.07
0.02
- -
- -
0.12
2026
0.02
0.01
-0.01
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Vikas Ecotech Limited Vikas Ecotech Limited manufactures specialty chemical additives and polymer compounds for plastics and rubber industries. The company produces eco-friendly rubber-plastic compounds, specialty additives including organotin stabilizers, calcium carbonate fillers such as Vikolite VC series, processing aids, impact modifiers, PE wax, styrene-based copolymers, PVC resin, titanium dioxide, methanol, carbon black, and specialty-recycled materials like PVC and PET compounds; it also offers infrastructure products comprising steel pipe fittings, MDPE pipes for gas applications, TMT bars, steel HR and CR coils, and ERW pipes, alongside trading in petroleum petrochemicals such as TAFMER/POE, ACEOX, and CELLCOM. These products serve diverse sectors including agriculture, infrastructure, packaging, electricals, footwear, pharmaceuticals, automotive, medical devices, hygiene, healthcare, textiles, and consumer goods, with operations spanning manufacturing facilities in Rajasthan and Ghaziabad, India, and exports to over 20 countries across Asia, Europe, Africa, and the USA. Founded in 1984 and headquartered in New Delhi, India, the company holds ISO 9001:2015 certification and emphasizes toxin-free, environmentally responsible solutions. In recent developments, Vikas Ecotech completed the acquisition of Vikas Organics Pvt Ltd in February 2024 for Rs 320 million to expand its plasticizer portfolio with products like DOP, DEP, DOA, DBP, and plans for halogen-free and phthalate-free variants, alongside investing Rs 750 million in plant upgrades; it also acquired Shamli Steels Private Limited in May 2024 for approximately Rs 1,540 million to bolster infrastructure steel manufacturing, initiated coal trading and TMT bar distribution in FY23, and established a Ghaziabad facility for MS sockets.