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Vikas Ecotech Limited VIKASECO NSEINFRA

Basic Materials · Specialty Chemicals · India
https://www.vikasecotech.com
Company Profile ↓
₹1.11
-49.77% 1Y
Mkt Cap₹196.33 Cr
P/E55.50
P/B0.23
52W High₹2.21
52W Low₹0.99
Book Value₹4.74
EPS (TTM)₹0.02

Company Overview

Vikas Ecotech Limited engages in the manufacture and sale of specialty additives, and rubber-plastic and polymer compounds in India. It operates through three segments: Infra & Energy, Chemical, Polymers & Special Additives; and Real Estate. The company offers specialty additives, including organotin stabilizers, dimethyl tin dichloride, plasticizers, flame retardants, and chlorinated polyethylene, as well as epoxidized soyabean oil; and thermoplastic rubber, thermoplastic elastomer, and ethylene vinyl acetate compounds under the brand names Tinmate, Thermate, Veeprene TPR compound, and Veeprene TPE compound. In addition, it trades in TAFMER/POE, ACEOX, and CELLCOM products, as well as processing aid, impact modifier, PE wax, styrene ethylene butylene styrene, styrene butadiene copolymer, styrene butadiene rubber, PVC resin, titanium dioxide, methanol, and carbon black products. Further, the company manufactures specialty-recycled materials, such as poly vinyl chloride compounds and polyethylene terephthalate compounds, as well as engages in real estate development and coal supply business. Additionally, the company offers infrastructure products, such as steel pipe fittings and MDPE pipes for gas applications; and TMT bars, steel, HR and CR coils, and ERW pipes for infrastructure and various other industries. Its products are used in agriculture, infrastructure, packaging, electricals, footwear, pharmaceuticals, automotive, medical devices and components, and other consumer goods sectors. It exports its products. The company was formerly known as Vikas GlobalOne Limited and changed its name to Vikas Ecotech Limited in December 2015. Vikas Ecotech Limited was incorporated in 1984 and is headquartered in New Delhi, India.

Why Investors Should Care

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.07.

Recent Developments

  • Mar 2026 Revenue of ₹353.18 Cr (-6.5% YoY); net profit ₹1.67 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +13.2%, earnings -90.2%.
  • 5-Year Trend Long-term compounding — revenue CAGR -3.5%, profit CAGR -44.1%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-3.54%
1 Year:13.20%

Compounded Profit Growth

5 Years:-44.05%
1 Year:-90.18%

Stock Price Performance

1 Year:-49.77%
6 Months:-29.30%
3 Months:-21.28%
1 Month:-8.26%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 10% of range
₹0.99 ₹2.21
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)37.38 · Neutral
Price Performance
1M-8.26%
3M-21.28%
6M-29.30%
1Y-49.77%
Valuation vs Sector

P/E of 55.50 is above the sector median of 25.90 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

No notable strengths flagged.

CONS

  • Trading at a high P/E of 55.5.
  • Revenue declined at -3.5% CAGR over 5 years.
  • Earnings shrank at -44.1% CAGR over 5 years.
  • Trading 49.8% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
55.50
Industry PE
25.90
Forward P/E est.
111.00
PEG Ratio
-
Book Value
₹4.74
Price to Book
0.23
P/S
0.56
EV/EBITDA
16.73
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
-3.54%
Profit 5Y
-44.05%
Revenue (YoY)
13.20%
Earnings (YoY)
-90.18%

Profitability & Returns

ROCE
2.43%
ROE
0.78%
ROA
0.37%
Profit Margin
0.47%
Op Margin
-2.37%
Gross Margin
8.69%
EPS (Latest Qtr)
₹0.00
EPS (TTM)
₹0.02

Balance Sheet & Liquidity

Debt/Equity
0.07
Quick Ratio
2.96
Current Ratio
3.77
Debt
₹29.72 Cr
Total Assets
₹512.56 Cr
Current Assets
₹356.27 Cr
Working Capital
₹261.78 Cr

Ownership

Promoter Holding
25.04%
Chg in Prom Hold
-
FII / Inst Holding
0.00%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹196.33 Cr
Total Revenue (TTM)
₹353.18 Cr
EBITDA
₹8.35 Cr
Free Cash Flow
₹-114.53 Cr
Operating Cash Flow
₹-113.24 Cr
Shares Outstanding
₹176.87 Cr
Gross Margin
8.69%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Basic Materials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 VIKASECO Vikas Ecotech Limited NSEINFRA 1.11 55.50 ₹196.33 Cr 0.00% 2.43% 0.78% -3.54% -44.05%
2 AMBUJACEM Ambuja Cements Limited NSEINFRA 436.50 24.45 ₹1.08 L Cr 0.45% 4.60% 7.97% 8.86% 34.61%
3 APLAPOLLO APL Apollo Tubes Limited NIFTY_MIDNSEINFRA 1,945.00 43.97 ₹54,004.56 Cr 0.30% 28.21% 22.71% 12.61% 23.30%
4 ACUTAAS Acutaas Chemicals Limited NIFTY_SMALLNSEINFRA 3,260.60 91.98 ₹26,694.90 Cr 0.05% 16.51% 21.52% 24.34% 30.18%
5 AETHER Aether Industries Limited NSEINFRA 1,584.40 89.01 ₹21,026.98 Cr 0.00% 12.15% 8.94% 21.23% 18.94%
6 AARTIIND Aarti Industries Limited NIFTY_SMALLNSEINFRA 501.20 34.33 ₹18,179.86 Cr 0.21% 8.53% 7.04% 8.47% -8.40%
7 ANURAS Anupam Rasayan India Ltd NIFTY_SMALLNSEINFRA 1,213.00 78.51 ₹13,809.80 Cr 0.12% 8.66% 5.76% 10.10% -15.03%
8 ALKYLAMINE Alkyl Amines Chemicals Limited NSEINFRA 1,921.90 54.58 ₹9,829.78 Cr 0.76% 14.54% 11.74% -3.01% -7.67%
9 ASHAPURMIN Ashapura Minechem Limited NSEINFRA 729.10 17.36 ₹6,964.81 Cr 0.14% 15.10% 29.05% 42.85% 50.82%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -102.61 Cr103.56 Cr64.72 Cr68.72 Cr116.19 Cr
Cost of Revenue -94.54 Cr94.61 Cr57.93 Cr61.00 Cr108.96 Cr
Gross Profit -8.07 Cr8.95 Cr6.79 Cr7.72 Cr7.23 Cr
Operating Expenses -6.32 Cr5.49 Cr5.48 Cr6.70 Cr9.98 Cr
Operating Income -1.76 Cr3.45 Cr1.31 Cr1.01 Cr-2.75 Cr
EBITDA -6.42 Cr5.72 Cr4.78 Cr4.48 Cr51.86 L
Interest Expense -1.28 Cr1.18 Cr1.14 Cr1.55 Cr71.68 L
Pretax Income -3.25 Cr3.32 Cr2.27 Cr1.90 Cr-1.90 Cr
Tax Provision --1.05 Cr94.69 L51.73 L2.44 Cr-1.45 Cr
Net Income -4.30 Cr2.37 Cr1.75 Cr-1.66 Cr-79.94 L
Diluted EPS -0.030.020.010.000.00

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -393.54 Cr258.63 Cr377.67 Cr353.18 Cr
Cost of Revenue -363.95 Cr225.07 Cr343.45 Cr322.49 Cr
Gross Profit -29.59 Cr33.56 Cr34.23 Cr30.69 Cr
Operating Expenses -11.52 Cr19.92 Cr27.60 Cr27.66 Cr
Operating Income -18.07 Cr13.64 Cr6.63 Cr3.03 Cr
EBITDA -23.89 Cr19.39 Cr30.99 Cr15.49 Cr
Interest Expense -9.44 Cr6.19 Cr4.15 Cr4.58 Cr
Pretax Income -10.49 Cr9.42 Cr21.53 Cr5.59 Cr
Tax Provision -96.25 L2.58 Cr4.54 Cr2.45 Cr
Net Income -9.53 Cr6.85 Cr16.98 Cr1.67 Cr
Diluted EPS -0.100.060.100.02

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -342.60 Cr443.58 Cr511.66 Cr512.56 Cr
Current Assets -229.05 Cr134.36 Cr262.69 Cr356.27 Cr
Cash & Equivalents -10.81 L1.27 Cr1.83 Cr16.48 L
Inventory -35.38 Cr46.74 Cr42.47 Cr41.28 Cr
Receivables -141.02 Cr76.74 Cr111.30 Cr126.58 Cr
Total Liabilities -104.65 Cr67.16 Cr118.39 Cr95.85 Cr
Current Liabilities -104.42 Cr64.35 Cr117.45 Cr94.49 Cr
Long Term Debt -023.10 L24.16 L88.41 L
Total Debt -61.78 Cr19.29 Cr28.26 Cr29.72 Cr
Total Equity -237.94 Cr376.42 Cr393.27 Cr394.96 Cr
Shares Outstanding -94.86 Cr138.84 Cr176.87 Cr176.87 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -91.56 Cr120.08 Cr-60.45 Cr-113.24 Cr
Investing Cash Flow --58.12 Cr-203.01 Cr45.66 Cr95.98 Cr
Financing Cash Flow --40.79 Cr82.60 Cr15.43 Cr16.81 Cr
Capital Expenditure --5.01 Cr-4.67 Cr-5.13 Cr-3.85 Cr
Free Cash Flow -86.56 Cr115.41 Cr-65.59 Cr-117.09 Cr
Net Change in Cash --7.35 Cr-33.05 L63.80 L-44.16 L

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -7.5%13.0%9.1%8.7%
Operating Margin % -4.6%5.3%1.8%0.9%
Net Margin % -2.4%2.6%4.5%0.5%
ROE % -4.0%1.8%4.3%0.4%
ROCE % -7.6%3.6%1.7%0.7%

Shareholding Pattern

Insiders
25.04%
Institutions
0.00%
Public Float
0.00%

Analyst View

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Latest News

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VIKASECO — Frequently Asked Questions

What is the current share price of Vikas Ecotech Limited (VIKASECO)?

As of 2026-08-07 06:31 IST, Vikas Ecotech Limited (VIKASECO) trades at ₹1.11 on NSE. Its 52-week range is ₹0.99 to ₹2.21.

What is the market capitalisation of VIKASECO?

Vikas Ecotech Limited (VIKASECO) has a market capitalisation of ₹196.33 Cr on NSE.

What is the P/E ratio of VIKASECO?

VIKASECO trades at a trailing price-to-earnings (P/E) ratio of 55.50. The industry average P/E is 25.90. Its price-to-book (P/B) ratio is 0.23.

What is the return on equity (ROE) of VIKASECO?

VIKASECO has a return on equity (ROE) of 0.78%. Its return on capital employed (ROCE) is 2.43%.

Is VIKASECO a good stock to buy?

This page provides a data-driven analysis of Vikas Ecotech Limited (VIKASECO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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