Vikas Ecotech Ltd
VIKASECO NSE
Vikas Ecotech Ltd
CommoditiesNSE: VIKASECO BSE: 530961 Chemicals & Petrochemicals
Key Fundamentals
MicrocapSpecialty ChemicalsChemicalsMarket Cap
₹196 Cr
Volatility
Moderate
P/E Ratio
111
EBITDA
₹8.35 Cr
Return on Equity
4.32%
Debt to Equity
0.08
Book Value
₹2.45
52W High
₹2.26
52W Low
₹0.99
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Vikas Ecotech Ltd insights
49 extracted metrics + investor summaries across FY10–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company is almost debt free.
- Stock is trading at 0.50 times its book value
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 10.6%
- Company has a low return on equity of 1.64% over last 3 years.
- Earnings include an other income of Rs.7.15 Cr.
- Working capital days have increased from 165 days to 266 days
Growth Rate
Revenue Growth
-7.98% ↘
Net Income Growth
-83.41% ↘
Cash Flow Change
-150.26% ↘
ROE
137.36% ↗
ROCE
54.27% ↗
EBITDA Margin (Avg.)
-50.85% ↗
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 68.33 | 57.7 | 60.74 | 68.46 | 71.73 | 101 | 89.23 | 84.76 | 103 | 104 | 64.72 | 68.72 | 116 |
| Expenses | 63.31 | 53.63 | 55.25 | 64.73 | 69.08 | 98.94 | 84.43 | 83.38 | 98.97 | 98.88 | 62.04 | 66.67 | 117 |
| Operating Profit | 5.02 | 4.07 | 5.49 | 3.73 | 2.65 | 2.12 | 4.8 | 1.38 | 3.64 | 4.68 | 2.68 | 2.05 | -1.05 |
| OPM % | 7.35% | 7.05% | 9.04% | 5.45% | 3.69% | 2.1% | 5.38% | 1.63% | 3.55% | 4.52% | 4.14% | 2.98% | -0.9% |
| Other Income | 1.31 | 1.2 | -0.25 | 0.3 | 2.59 | 13.78 | 1 | 1.49 | 2.78 | 1.04 | 2.1 | 2.43 | 1.57 |
| Interest | 2.62 | 2.32 | 1.99 | 1.45 | 0.82 | 0.9 | 0.88 | 1.09 | 1.28 | 1.18 | 1.14 | 1.55 | 0.72 |
| Depreciation | 1.34 | 0.87 | 0.9 | 0.93 | 1.08 | 1.06 | 0.98 | 1.39 | 1.89 | 1.23 | 1.36 | 1.04 | 1.7 |
| PBT | 2.37 | 2.08 | 2.35 | 1.65 | 3.34 | 13.94 | 3.94 | 0.39 | 3.25 | 3.31 | 2.28 | 1.89 | -1.9 |
| Tax % | 24.47% | 25.48% | 25.11% | 24.85% | 31.44% | 25.54% | 27.66% | 241.03% | -32.31% | 28.7% | 22.81% | 129.1% | -76.32% |
| Net Profit | 1.79 | 1.55 | 1.77 | 1.23 | 2.3 | 10.38 | 2.85 | -0.55 | 4.3 | 2.37 | 1.75 | -0.55 | -0.44 |
| EPS in Rs | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.06 | 0.02 | 0 | 0.02 | 0.01 | 0.01 | -0.01 | 0 |
Profit & Loss
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 62 | 115 | 165 | 252 | 250 | 397 | 259 | 376 | 353 |
| Expenses | 58 | 106 | 153 | 241 | 237 | 375 | 242 | 364 | 345 |
| Operating Profit | 4 | 9 | 12 | 11 | 13 | 22 | 16 | 12 | 8 |
| OPM % | 7% | 8% | 7% | 4.2% | 5% | 6% | 6% | 3.3% | 2.4% |
| Other Income | 1 | 2 | 6 | 2 | 3 | 3 | 4 | 19 | 7 |
| Interest | 2 | 4 | 5 | 6 | 9 | 11 | 7 | 4 | 5 |
| Depreciation | 0 | 1 | 2 | 2 | 2 | 4 | 4 | 5 | 5 |
| PBT | 3 | 7 | 10 | 4 | 5 | 10 | 9 | 22 | 6 |
| Tax % | 10% | 3% | 1% | 6% | 22% | 9% | 27% | 21% | 44% |
| Net Profit | 3 | 6 | 10 | 4 | 4 | 10 | 7 | 17 | 3 |
| EPS in Rs | 0.05 | 0.07 | 0.1 | 0.04 | 0.04 | 0.1 | 0.05 | 0.1 | 0.02 |
| Div. Payout % | 13% | 16% | 6% | 14% | 14% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 10 | 10 | 10 | 10 | 95 | 139 | 139 | 139 |
| Reserves | 6 | 16 | 24 | 28 | 32 | 143 | 238 | 254 | 256 |
| Borrowings | 19 | 34 | 38 | 54 | 67 | 62 | 19 | 28 | 30 |
| Other Liabilities | 11 | 25 | 26 | 43 | 45 | 43 | 48 | 90 | 88 |
| Total Liabilities | 44 | 85 | 98 | 135 | 154 | 343 | 444 | 512 | 513 |
| Fixed Assets | 9 | 14 | 20 | 20 | 23 | 29 | 54 | 55 | 49 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 55 | 228 | 140 | 64 |
| Other Assets | 35 | 71 | 78 | 115 | 131 | 259 | 161 | 316 | 400 |
| Total Assets | 44 | 85 | 98 | 135 | 154 | 343 | 444 | 512 | 513 |
Cash Flow
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating | -5 | -6 | 12 | -8 | — | 92 | 120 | -60 | -113 |
| Investing | -5 | -9 | -9 | -1 | — | -58 | -202 | 46 | 96 |
| Financing | 10 | 15 | -3 | 9 | — | -41 | 83 | 15 | 17 |
| Net Cash Flow | 0 | -1 | 1 | 0 | — | -7 | 0 | 1 | 0 |
| Free Cash Flow | -11 | -12 | 4 | -10 | — | 87 | 115 | -65 | -112 |
| CFO/OP | -108 | -66 | 100 | -74 | — | 421 | 736 | -480 | -1,335 |
Ratios
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 109 | 98 | 89 | 100 | 116 | 130 | 108 | 108 | 131 |
| Inventory Days | 71 | 79 | 58 | 48 | 44 | 35 | 71 | 42 | 47 |
| Days Payable | 57 | 80 | 42 | 54 | 58 | 27 | 59 | 66 | 59 |
| Cash Conversion Cycle | 123 | 97 | 105 | 94 | 102 | 138 | 121 | 84 | 118 |
| Working Capital Days | 139 | 52 | 40 | 33 | 38 | 111 | 93 | 136 | 266 |
| ROCE % | — | 22% | 19% | 13% | 14% | — | 5% | 3% | 2% |
Documents
1
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 Receipt Of Income Tax Demand Order(S)
14 Apr - Income Tax Department raised ₹9.11 crore demand orders on March 27, 2026 for various assessment years. 14 Apr - Income Tax Department raised ₹9.11 crore demand orders on March 27, 2026 for various assessment years.
2
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
4 Apr - Vikas Ecotech confirms it is not a Large Corporate under SEBI debt circular. 4 Apr - Vikas Ecotech confirms it is not a Large Corporate under SEBI debt circular.
3
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - Regulation 74(5) certificate filed for quarter and year ended March 31, 2026. 4 Apr - Regulation 74(5) certificate filed for quarter and year ended March 31, 2026.
4
Closure of Trading Window
27 Mar - Trading window closed April 1, 2026 until 48 hours after results for quarter/year ended March 31, 2026. 27 Mar - Trading window closed April 1, 2026 until 48 hours after results for quarter/year ended March 31, 2026.
5
Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Thursday, February 05, 2026
30 Jan - Board meeting Feb 5, 2026 to approve unaudited Q3 (Dec 31, 2025) results; trading window closure. 30 Jan - Board meeting Feb 5, 2026 to approve unaudited Q3 (Dec 31, 2025) results; trading window closure.
Frequently Asked Questions about Vikas Ecotech Ltd
What does Vikas Ecotech Ltd do?
Incorporated in 1984, Vikas Ecotech Ltd
is in the business of high-end specialty chemicals[1]
Where is Vikas Ecotech Ltd (VIKASECO) listed?
Vikas Ecotech Ltd is listed on the Indian stock exchanges. It is listed on NSE: VIKASECO and BSE: 530961. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Vikas Ecotech Ltd belong to?
Vikas Ecotech Ltd operates in the Commodities sector within the Chemicals & Petrochemicals industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Vikas Ecotech Ltd?
Vikas Ecotech Ltd has a market capitalisation of approximately ₹196.33 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Vikas Ecotech Ltd?
The Price-to-Earnings (PE) ratio of Vikas Ecotech Ltd is 111.00. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Vikas Ecotech Ltd?
Over the past 52 weeks, Vikas Ecotech Ltd has traded between a low of ₹0.99 and a high of ₹2.26. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Vikas Ecotech Ltd?
Vikas Ecotech Ltd has a Return on Equity (ROE) of 4.32%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Vikas Ecotech Ltd on Tapetide?
On Tapetide, you can view Vikas Ecotech Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1984, Vikas Ecotech Ltd is in the business of high-end specialty chemicals[1]
Website vikasecotech.com
CEO Mr. Balwant Kumar Bhushan
Employees 131
Listed 2011-12-12
Face Value ₹ 1
Issued Size 1,76,87,06,024