Sharescart Research Club logo

Vikas EcoTech Overview

Vikas EcoTech Ltd, formerly Vikas GlobalOne Ltd, is an India-based enterprise engaged within the commercial enterprise of producing and distribution of polymers compounds and additives. The Company's principal products consist of Thermoplastic Rubber Compounds. The Company's segments consist of Chemical Division, Real Estate Division, Agro Division and Service Division. Its geographical segments encompass Domestic (Sales to clients placed in India) and International (Sales to customers placed out of India). The Company is engaged within the bus...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Vikas EcoTech Key Financials

Market Cap ₹200 Cr.

Stock P/E 11.8

P/B 0.5

Current Price ₹1.4

Book Value ₹ 2.9

Face Value 1

52W High ₹2.8

Dividend Yield 0%

52W Low ₹ 1

Vikas EcoTech Share Price

₹ | |

Volume
Price

Vikas EcoTech Quarterly Price

Show Value Show %

Vikas EcoTech Peer Comparison

Vikas EcoTech Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 61 68 72 101 89 85 103 104 65 69
Other Income -0 0 3 1 1 1 3 1 2 2
Total Income 60 69 74 102 90 86 105 105 67 71
Total Expenditure 55 65 69 99 84 83 99 99 62 67
Operating Profit 5 4 5 3 6 3 6 6 5 4
Interest 2 1 1 1 1 1 1 1 1 2
Depreciation 1 1 1 1 1 1 2 1 1 1
Exceptional Income / Expenses 0 0 0 13 0 0 0 0 0 0
Profit Before Tax 2 2 3 14 4 0 3 3 2 2
Provision for Tax 1 0 1 4 1 1 -1 1 1 2
Profit After Tax 2 1 2 10 3 -1 4 2 2 -1
Adjustments 0 0 0 0 0 -0 -0 0 0 -1
Profit After Adjustments 2 1 2 10 3 -1 4 2 2 -2
Adjusted Earnings Per Share 0 0 0 0.1 0 -0 0 0 0 -0

Vikas EcoTech Profit & Loss

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 120 165 252 250 403 259 378 341
Other Income 2 6 2 3 3 4 6 8
Total Income 122 171 254 253 406 262 384 348
Total Expenditure 109 153 242 237 381 242 365 327
Operating Profit 13 18 13 16 25 20 18 21
Interest 4 5 7 9 11 7 4 5
Depreciation 1 2 2 2 4 4 5 5
Exceptional Income / Expenses 0 -0 0 0 0 0 13 0
Profit Before Tax 9 10 4 5 10 9 22 10
Provision for Tax 0 0 0 1 1 3 5 3
Profit After Tax 8 10 4 4 10 7 17 7
Adjustments -2 -1 -0 -0 0 0 0 -1
Profit After Adjustments 6 9 4 4 10 7 17 6
Adjusted Earnings Per Share 0.2 0.2 0.1 0.1 0.1 0 0.1 0

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 46% 15% 18% 0%
Operating Profit CAGR -10% 4% 0% 0%
PAT CAGR 143% 62% 11% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -41% -19% 5% -19%
ROE Average 4% 4% 7% 16%
ROCE Average 6% 7% 10% 14%

Vikas EcoTech Balance Sheet

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 26 35 38 42 238 376 393
Minority's Interest 0 0 0 0 0 0 0
Borrowings 5 6 6 8 0 0 0
Other Non-Current Liabilities 0 0 0 0 -0 3 0
Total Current Liabilities 54 58 91 103 106 65 118
Total Liabilities 85 98 135 154 343 444 512
Fixed Assets 14 20 20 23 21 47 48
Other Non-Current Assets 4 1 1 1 92 262 200
Total Current Assets 67 77 114 130 230 135 263
Total Assets 85 98 135 154 343 444 512

Vikas EcoTech Cash Flow

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 1 1 11 4 4
Cash Flow from Operating Activities -9 12 -8 1 92 120 -60
Cash Flow from Investing Activities -9 -9 -1 -5 -58 -203 46
Cash Flow from Financing Activities 18 -3 9 3 -41 83 15
Net Cash Inflow / Outflow -0 1 -0 -0 -7 -0 1
Closing Cash & Cash Equivalent 0 1 1 1 4 4 5

Vikas EcoTech Ratios

# Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.16 0.22 0.09 0.09 0.1 0.05 0.12
CEPS(Rs) 0.23 0.3 0.14 0.14 0.14 0.08 0.16
DPS(Rs) 0.1 0.05 0.05 0.05 0 0 0
Book NAV/Share(Rs) 0.64 0.85 0.92 1 2.51 2.71 2.83
Core EBITDA Margin(%) 8.97 7.28 4.06 5.16 5.45 5.05 2.96
EBIT Margin(%) 9.68 9.6 4.09 5.43 5.25 5.07 6.28
Pre Tax Margin(%) 6.85 6.29 1.59 1.86 2.61 2.91 5.2
PAT Margin (%) 6.67 6.2 1.49 1.44 2.37 2.12 4.1
Cash Profit Margin (%) 7.65 7.38 2.24 2.28 3.35 3.28 5.38
ROA(%) 12.86 11.14 3.32 2.57 3.83 1.74 3.55
ROE(%) 41.55 33.61 10.7 9.44 6.83 2.23 4.41
ROCE(%) 25.94 23.85 12.96 13.95 10.35 4.72 6.37
Receivable days 72.63 78.61 76.49 104.93 99.92 122.8 82.82
Inventory Days 44.48 47.25 36.31 39.7 27.94 44.79 36.85
Payable days 54.92 48.73 39.59 56.6 30.95 51.52 52.58
PER(x) 15.22 7.33 25.71 75.53 24.9 74.44 18.23
Price/Book(x) 3.69 1.91 2.5 6.63 1 1.35 0.79
Dividend Yield(%) 1.05 0.77 0.54 0.19 0 0 0
EV/Net Sales(x) 1.09 0.62 0.59 1.36 0.73 2.03 0.88
EV/Core EBITDA(x) 9.83 5.75 11.72 20.98 11.75 25.98 18.02
Net Sales Growth(%) 91.6 37.57 53.05 -0.85 61.07 -35.77 46.03
EBIT Growth(%) 131.52 31.43 -32.78 31.63 51.11 -22.38 58.43
PAT Growth(%) 171.5 23.1 -62.16 -3.71 156.07 -28.14 148.06
EPS Growth(%) 61.47 41.72 -59.21 -2.11 13.87 -50.9 148.07
Debt/Equity(x) 1.3 1.09 1.43 1.63 0.26 0.05 0.07
Current Ratio(x) 1.23 1.33 1.26 1.26 2.18 2.08 2.23
Quick Ratio(x) 0.85 0.95 0.97 1.07 1.84 1.4 1.89
Interest Cover(x) 3.42 2.9 1.63 1.52 1.98 2.35 5.81
Total Debt/Mcap(x) 0.35 0.57 0.57 0.25 0.26 0.04 0.09

Vikas EcoTech Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 6.87 13.58 10.66 10.66 10.65 10.65 10.65 10.65 10.65 10.65
FII 0.01 0.01 0 0 0.02 0.02 0.05 0.05 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 93.12 86.42 89.34 89.34 89.33 89.33 89.3 89.3 89.35 89.35
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Vikas EcoTech News

Vikas EcoTech Pros & Cons

Pros

  • Stock is trading at 0.5 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 10.65%.
  • Company has a low return on equity of 4% over the last 3 years.
  • Debtor days have increased from 51.52 to 52.58days.
whatsapp