Vikas Ecotech Limited VIKASECO NSEINFRA
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
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 +15.1%, earnings -50.0%.
- 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: | 15.10% |
Compounded Profit Growth
| 5 Years: | -44.05% |
| 1 Year: | -50.00% |
Stock Price Performance
| 1 Year: | -51.58% |
| 6 Months: | -20.15% |
| 3 Months: | -15.75% |
| 1 Month: | -3.60% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)38.92 · Neutral
P/E of 107.00 is above the sector median of 23.48 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
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 107.0.
- Revenue declined at -3.5% CAGR over 5 years.
- Earnings shrank at -44.1% CAGR over 5 years.
- Trading 51.6% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VIKASECO Vikas Ecotech Limited NSEINFRA | 1.07 | 107.00 | ₹148.55 Cr | 0.00% | 2.43% | 0.42% | -3.54% | -44.05% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 11,175.00 | 38.45 | ₹3.29 L Cr | 2.18% | 11.84% | 10.66% | 11.92% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,302.00 | 12.85 | ₹3.18 L Cr | 0.55% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | HINDZINC Hindustan Zinc Limited NSEINFRA | 589.15 | 14.59 | ₹2.49 L Cr | 3.53% | 61.97% | 61.13% | 5.61% | 9.58% |
| 5 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,500.90 | 50.39 | ₹2.40 L Cr | 1.11% | 24.41% | 20.24% | 1.10% | 1.75% |
| 6 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 185.61 | 21.00 | ₹2.32 L Cr | 2.17% | 11.32% | 10.56% | -1.59% | 7.21% |
| 7 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 3,322.00 | 39.71 | ₹2.25 L Cr | 0.30% | 3.98% | 4.80% | 14.30% | -10.06% |
| 8 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 1,011.00 | 13.71 | ₹2.24 L Cr | 0.50% | 9.42% | 9.80% | 7.10% | 9.87% |
| 9 | SOLARINDS Solar Industries India Limited NSEINFRA | 21,950.00 | 99.75 | ₹1.99 L Cr | 0.05% | 29.51% | 26.72% | 12.39% | 30.36% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | - | 102.61 Cr | 103.56 Cr | 64.72 Cr | 68.72 Cr | 116.19 Cr |
| Cost of Revenue | - | 94.54 Cr | 94.61 Cr | 57.93 Cr | 61.00 Cr | 108.96 Cr |
| Gross Profit | - | 8.07 Cr | 8.95 Cr | 6.79 Cr | 7.72 Cr | 7.23 Cr |
| Operating Expenses | - | 6.32 Cr | 5.49 Cr | 5.48 Cr | 6.70 Cr | 9.98 Cr |
| Operating Income | - | 1.76 Cr | 3.45 Cr | 1.31 Cr | 1.01 Cr | -2.75 Cr |
| EBITDA | - | 6.42 Cr | 5.72 Cr | 4.78 Cr | 4.48 Cr | 51.86 L |
| Interest Expense | - | 1.28 Cr | 1.18 Cr | 1.14 Cr | 1.55 Cr | 71.68 L |
| Pretax Income | - | 3.25 Cr | 3.32 Cr | 2.27 Cr | 1.90 Cr | -1.90 Cr |
| Tax Provision | - | -1.05 Cr | 94.69 L | 51.73 L | 2.44 Cr | -1.45 Cr |
| Net Income | - | 4.30 Cr | 2.37 Cr | 1.75 Cr | -1.66 Cr | -79.94 L |
| Diluted EPS | - | 0.03 | 0.02 | 0.01 | 0.00 | 0.00 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 393.54 Cr | 258.63 Cr | 377.67 Cr | 353.18 Cr |
| Cost of Revenue | - | 363.95 Cr | 225.07 Cr | 343.45 Cr | 322.49 Cr |
| Gross Profit | - | 29.59 Cr | 33.56 Cr | 34.23 Cr | 30.69 Cr |
| Operating Expenses | - | 11.52 Cr | 19.92 Cr | 27.60 Cr | 27.66 Cr |
| Operating Income | - | 18.07 Cr | 13.64 Cr | 6.63 Cr | 3.03 Cr |
| EBITDA | - | 23.89 Cr | 19.39 Cr | 30.99 Cr | 15.49 Cr |
| Interest Expense | - | 9.44 Cr | 6.19 Cr | 4.15 Cr | 4.58 Cr |
| Pretax Income | - | 10.49 Cr | 9.42 Cr | 21.53 Cr | 5.59 Cr |
| Tax Provision | - | 96.25 L | 2.58 Cr | 4.54 Cr | 2.45 Cr |
| Net Income | - | 9.53 Cr | 6.85 Cr | 16.98 Cr | 1.67 Cr |
| Diluted EPS | - | 0.10 | 0.06 | 0.10 | 0.02 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 342.60 Cr | 443.58 Cr | 511.66 Cr | 512.56 Cr |
| Current Assets | - | 229.05 Cr | 134.36 Cr | 262.69 Cr | 356.27 Cr |
| Cash & Equivalents | - | 10.81 L | 1.27 Cr | 1.83 Cr | 16.48 L |
| Inventory | - | 35.38 Cr | 46.74 Cr | 42.47 Cr | 41.28 Cr |
| Receivables | - | 141.02 Cr | 76.74 Cr | 111.30 Cr | 126.58 Cr |
| Total Liabilities | - | 104.65 Cr | 67.16 Cr | 118.39 Cr | 95.85 Cr |
| Current Liabilities | - | 104.42 Cr | 64.35 Cr | 117.45 Cr | 94.49 Cr |
| Long Term Debt | - | 0 | 23.10 L | 24.16 L | 88.41 L |
| Total Debt | - | 61.78 Cr | 19.29 Cr | 28.26 Cr | 29.72 Cr |
| Total Equity | - | 237.94 Cr | 376.42 Cr | 393.27 Cr | 394.96 Cr |
| Shares Outstanding | - | 94.86 Cr | 138.84 Cr | 176.87 Cr | 176.87 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 91.56 Cr | 120.08 Cr | -60.45 Cr | -113.24 Cr |
| Investing Cash Flow | - | -58.12 Cr | -203.01 Cr | 45.66 Cr | 95.98 Cr |
| Financing Cash Flow | - | -40.79 Cr | 82.60 Cr | 15.43 Cr | 16.81 Cr |
| Capital Expenditure | - | -5.01 Cr | -4.67 Cr | -5.13 Cr | -3.85 Cr |
| Free Cash Flow | - | 86.56 Cr | 115.41 Cr | -65.59 Cr | -117.09 Cr |
| Net Change in Cash | - | -7.35 Cr | -33.05 L | 63.80 L | -44.16 L |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for VIKASECO
Vikas Ecotech Limited's (NSE:VIKASECO) Business Is Trailing The Market But Its Shares Aren't - simplywall.st
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VIKASECO — Frequently Asked Questions
What is the current share price of Vikas Ecotech Limited (VIKASECO)?
As of 2026-09-20 09:43 IST, Vikas Ecotech Limited (VIKASECO) trades at ₹1.07 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 ₹148.55 Cr on NSE.
What is the P/E ratio of VIKASECO?
VIKASECO trades at a trailing price-to-earnings (P/E) ratio of 107.00. The industry average P/E is 23.48. Its price-to-book (P/B) ratio is 0.22.
What is the return on equity (ROE) of VIKASECO?
VIKASECO has a return on equity (ROE) of 0.42%. 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.