Vikas Ecotech（530961）株式概要ヴィカス・エコテック社はインドで特殊添加剤、ゴム・プラスチックおよびポリマーコンパウンドを製造・販売している。 詳細530961 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績2/6財務の健全性5/6配当金0/6リスク分析利益率(2%)は昨年より低い(4.3%) 意味のある時価総額がありません ( ₹2B )すべてのリスクチェックを見る530961 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹1.2635.1% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-108m7b2016201920222025202620282031Revenue ₹6.8bEarnings ₹134.6mAdvancedSet Fair ValueView all narrativesVikas Ecotech Limited 競合他社Patel Chem SpecialitiesSymbol: BSE:544460Market cap: ₹2.1bKamdhenu VenturesSymbol: NSEI:KAMOPAINTSMarket cap: ₹1.7bSPEB AdhesivesSymbol: NSEI:SPEBMarket cap: ₹1.8bMahickra ChemicalsSymbol: NSEI:MAHICKRAMarket cap: ₹2.0b価格と性能株価の高値、安値、推移の概要Vikas Ecotech過去の株価現在の株価₹1.2652週高値₹2.7752週安値₹0.95ベータ0.371ヶ月の変化-12.50%3ヶ月変化-15.44%1年変化-46.38%3年間の変化-56.85%5年間の変化-46.38%IPOからの変化350.00%最新ニュースNew Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (₹2.07b market cap, or US$22.4m).Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹1.19, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 20x in the Chemicals industry in India. Total loss to shareholders of 56% over the past three years.Reported Earnings • Feb 09Third quarter 2026 earnings releasedThird quarter 2026 results: Revenue: ₹687.2m (down 19% from 3Q 2025). Net loss: ₹16.6m (loss widened 199% from 3Q 2025).お知らせ • Jan 30Vikas Ecotech Limited to Report Q3, 2026 Results on Feb 05, 2026Vikas Ecotech Limited announced that they will report Q3, 2026 results on Feb 05, 2026New Risk • Jan 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Market cap is less than US$100m (₹2.25b market cap, or US$24.9m).Reported Earnings • Nov 17Second quarter 2026 earnings released: EPS: ₹0.01 (vs ₹0.017 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.01 (down from ₹0.017 in 2Q 2025). Revenue: ₹668.2m (down 25% from 2Q 2025). Net income: ₹17.5m (down 39% from 2Q 2025). Profit margin: 2.6% (down from 3.2% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.最新情報をもっと見るRecent updatesNew Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (₹2.07b market cap, or US$22.4m).Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹1.19, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 20x in the Chemicals industry in India. Total loss to shareholders of 56% over the past three years.Reported Earnings • Feb 09Third quarter 2026 earnings releasedThird quarter 2026 results: Revenue: ₹687.2m (down 19% from 3Q 2025). Net loss: ₹16.6m (loss widened 199% from 3Q 2025).お知らせ • Jan 30Vikas Ecotech Limited to Report Q3, 2026 Results on Feb 05, 2026Vikas Ecotech Limited announced that they will report Q3, 2026 results on Feb 05, 2026New Risk • Jan 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Market cap is less than US$100m (₹2.25b market cap, or US$24.9m).Reported Earnings • Nov 17Second quarter 2026 earnings released: EPS: ₹0.01 (vs ₹0.017 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.01 (down from ₹0.017 in 2Q 2025). Revenue: ₹668.2m (down 25% from 2Q 2025). Net income: ₹17.5m (down 39% from 2Q 2025). Profit margin: 2.6% (down from 3.2% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 11Vikas Ecotech Limited to Report Q2, 2026 Results on Nov 14, 2025Vikas Ecotech Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 14, 2025お知らせ • Sep 03Vikas Ecotech Limited, Annual General Meeting, Sep 29, 2025Vikas Ecotech Limited, Annual General Meeting, Sep 29, 2025, at 16:30 Indian Standard Time.Reported Earnings • Aug 14First quarter 2026 earnings released: EPS: ₹0.02 (vs ₹0.07 in 1Q 2025)First quarter 2026 results: EPS: ₹0.02 (down from ₹0.07 in 1Q 2025). Revenue: ₹1.05b (up 3.5% from 1Q 2025). Net income: ₹23.7m (down 77% from 1Q 2025). Profit margin: 2.3% (down from 10% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Aug 09Vikas Ecotech Limited to Report Q1, 2026 Results on Aug 13, 2025Vikas Ecotech Limited announced that they will report Q1, 2026 results on Aug 13, 2025Reported Earnings • May 30Full year 2025 earnings released: EPS: ₹0.10 (vs ₹0.056 in FY 2024)Full year 2025 results: EPS: ₹0.10 (up from ₹0.056 in FY 2024). Revenue: ₹3.84b (up 48% from FY 2024). Net income: ₹169.8m (up 148% from FY 2024). Profit margin: 4.4% (up from 2.6% in FY 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • May 24Vikas Ecotech Limited to Report Q4, 2025 Results on May 29, 2025Vikas Ecotech Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 29, 2025Reported Earnings • Feb 16Third quarter 2025 earnings released: ₹0.003 loss per share (vs ₹0.011 profit in 3Q 2024)Third quarter 2025 results: ₹0.003 loss per share (down from ₹0.011 profit in 3Q 2024). Revenue: ₹862.6m (up 26% from 3Q 2024). Net loss: ₹5.54m (down 145% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Feb 11Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to ₹2.78. The fair value is estimated to be ₹3.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company has become profitable.お知らせ • Feb 10Vikas Ecotech Limited to Report Q3, 2025 Results on Feb 14, 2025Vikas Ecotech Limited announced that they will report Q3, 2025 results on Feb 14, 2025Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.016 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.01. Revenue: ₹902.3m (up 49% from 2Q 2024). Net income: ₹28.5m (up 62% from 2Q 2024). Profit margin: 3.2% (up from 2.9% in 2Q 2024). The increase in margin was driven by higher revenue.お知らせ • Nov 12Vikas Ecotech Limited to Report Q2, 2025 Results on Nov 14, 2024Vikas Ecotech Limited announced that they will report Q2, 2025 results on Nov 14, 2024お知らせ • Oct 04Vikas Ecotech Limited Announces Resignation of Amit Dhuria as Chief Financial Officer, Effective October 15, 2024Vikas Ecotech Limited announced that Mr. Amit Dhuria has tendered his resignation from the post of Chief Financial Officer (CFO) of the Company with effect from October 15, 2024 due to reshuffling of resources among Group. The Company is in the process of appointing a new Chief Financial Officer and the same will be communicated to the Stock Exchange in due course.New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Shareholders have been diluted in the past year (37% increase in shares outstanding). Market cap is less than US$100m (₹6.51b market cap, or US$77.6m).お知らせ • Sep 11Vikas Ecotech Limited, Annual General Meeting, Sep 30, 2024Vikas Ecotech Limited, Annual General Meeting, Sep 30, 2024, at 16:30 Indian Standard Time.Reported Earnings • Aug 01First quarter 2025 earnings released: EPS: ₹0.07 (vs ₹0.01 in 1Q 2024)First quarter 2025 results: EPS: ₹0.07 (up from ₹0.01 in 1Q 2024). Revenue: ₹1.15b (up 95% from 1Q 2024). Net income: ₹103.8m (up ₹88.3m from 1Q 2024). Profit margin: 9.0% (up from 2.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 27Vikas Ecotech Limited to Report Q1, 2025 Results on Jul 31, 2024Vikas Ecotech Limited announced that they will report Q1, 2025 results on Jul 31, 2024Reported Earnings • May 23Full year 2024 earnings released: EPS: ₹0.06 (vs ₹0.10 in FY 2023)Full year 2024 results: EPS: ₹0.06 (down from ₹0.10 in FY 2023). Revenue: ₹2.62b (down 35% from FY 2023). Net income: ₹68.5m (down 28% from FY 2023). Profit margin: 2.6% (up from 2.4% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.New Risk • May 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 86% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (86% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹6.99b market cap, or US$83.9m).Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹3.46, the stock trades at a trailing P/E ratio of 75.8x. Average trailing P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 135% over the past three years.New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (46% increase in shares outstanding). Market cap is less than US$100m (₹6.47b market cap, or US$77.9m).Reported Earnings • Feb 11Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: ₹687.6m (down 38% from 3Q 2023). Net income: ₹12.3m (down 55% from 3Q 2023). Profit margin: 1.8% (down from 2.5% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 31Vikas Ecotech Limited to Report Q3, 2024 Results on Feb 09, 2024Vikas Ecotech Limited announced that they will report Q3, 2024 results on Feb 09, 2024お知らせ • Jan 25Vikas Ecotech Limited (BSE:530961) agreed to acquire Shamli Steels Private Limited for INR 1600 million.Vikas Ecotech Limited (BSE:530961) agreed to acquire Shamli Steels Private Limited for INR 1600 million on January 23, 2024. The consideration consists of INR 1600 million in common equity. As part of the consideration, INR 1600 million was paid towards common equity. The transaction is expected to close in the financial year 2023-2024.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹4.33, the stock trades at a trailing P/E ratio of 76.7x. Average trailing P/E is 31x in the Chemicals industry in India. Total returns to shareholders of 90% over the past three years.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹3.83, the stock trades at a trailing P/E ratio of 67.8x. Average trailing P/E is 29x in the Chemicals industry in India. Total returns to shareholders of 46% over the past three years.Reported Earnings • Nov 10Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: ₹604.9m (down 55% from 2Q 2023). Net income: ₹17.7m (down 50% from 2Q 2023). Profit margin: 2.9% (up from 2.6% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Nov 02Vikas Ecotech Limited announced that it has received INR 85 million in fundingOn November 1, 2023, Vikas Ecotech Limited, closed the transaction. The transaction has been approved by the shareholders of the company.お知らせ • Sep 14Vikas Ecotech Limited has completed a Follow-on Equity Offering in the amount of INR 499.968 million.Vikas Ecotech Limited has completed a Follow-on Equity Offering in the amount of INR 499.968 million. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 161,280,000 Price\Range: INR 3.1 Transaction Features: Regulation S; Subsequent Direct ListingValuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 28%After last week's 28% share price gain to ₹3.87, the stock trades at a trailing P/E ratio of 45.4x. Average trailing P/E is 28x in the Chemicals industry in India. Total loss to shareholders of 4.3% over the past three years.お知らせ • Sep 01Vikas Ecotech Limited, Annual General Meeting, Sep 29, 2023Vikas Ecotech Limited, Annual General Meeting, Sep 29, 2023.お知らせ • Aug 11+ 1 more updateVikas Ecotech Limited Approves Board ChangesThe Board of Directors of the Vikas Ecotech Limited in their meeting held on August 10, 2023 approved the appointment of Mr. Rajeev Kumar as an Additional Director (Category: Executive) with effect from August 10, 2023. The company approved the resignation of Mr. Vivek Garg, from the post of Non -Executive Director of the company with effect from August 10, 2023. He holds Bachelor in Arts from Sam Higginbottom Institute of Agriculture, Allahabad University, having vide experience of 20 years in the field in handling Strategic planning and Commercial projects. Reconstitution of Committees: AUDIT COMMITTEE: Mr. Ravi Kumar Gupta - Chairman - Non-Executive - Independent Director; Mr. Gyan Prakash Govil – Member - Non-Executive - Independent Director and Mr. Rajeev Kumar – Member - Executive Director, NOMINATION AND REMUNERATION COMMITTEE: Mr. Ravi Kumar Gupta - Chairman - Non-Executive - Independent Director; Mr. Gyan Prakash Govil – Member - Non-Executive - Independent Director and Mr. Rajeev Kumar – Member - Executive Director, STAKEHOLDERS’ RELATIONSHIP COMMITTEE: Mr. Ravi Kumar Gupta - Chairman - Non-Executive - Independent Director; Mr. Gyan Prakash Govil – Member - Non-Executive - Independent Director and Mr. Rajeev Kumar – Member - Executive Director.Reported Earnings • Aug 11First quarter 2024 earnings released: EPS: ₹0.01 (vs ₹0.02 in 1Q 2023)First quarter 2024 results: EPS: ₹0.01. Revenue: ₹589.0m (down 34% from 1Q 2023). Net income: ₹15.5m (up 6.1% from 1Q 2023). Profit margin: 2.6% (up from 1.6% in 1Q 2023). The increase in margin was driven by lower expenses.お知らせ • Aug 04Vikas Ecotech Limited to Report Q1, 2024 Results on Aug 10, 2023Vikas Ecotech Limited announced that they will report Q1, 2024 results on Aug 10, 2023New Risk • Jun 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 37% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (₹3.84b market cap, or US$46.9m).New Risk • Jun 15New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 37% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (₹4.14b market cap, or US$50.3m).Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₹3.67, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 22x in the Chemicals industry in India. Total returns to shareholders of 35% over the past three years.お知らせ • Jun 14Vikas Ecotech Limited has completed a Follow-on Equity Offering in the amount of INR 499.8 million.Vikas Ecotech Limited has completed a Follow-on Equity Offering in the amount of INR 499.8 million. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 178,500,000 Price\Range: INR 2.8 Transaction Features: Regulation S; Subsequent Direct ListingReported Earnings • May 14Full year 2023 earnings released: EPS: ₹0.10 (vs ₹0.015 in FY 2022)Full year 2023 results: EPS: ₹0.10 (up from ₹0.015 in FY 2022). Revenue: ₹4.06b (up 62% from FY 2022). Net income: ₹95.3m (up ₹81.3m from FY 2022). Profit margin: 2.3% (up from 0.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • May 14+ 1 more updateVikas Ecotech Limited Approves Appointment of Balwant Kumar Bhushan as Executive DirectorVikas Ecotech Limited at its meeting held on May 13, 2023 approved the appointment of Mr. Balwant Kumar Bhushan as an Executive Director, Key Managerial Personnel of the Company with immediate effect i.e. May 13, 2023 as per the provision of Section 203 of the Companies Act, 2013 read with its applicable Rules and Regulation 30 of SEBI Regulations, 2015. Mr. Balwant Kumar Bhushan is having rich experience in the field of Accounts/Finance/Internal Audit/Taxation. He is also having good knowledge of Corporate Law, Strategic/Financial Planning, Working Capital Management, Filings, Statutory Compliances and MIS among other aspects of Corporate functioning.お知らせ • May 07Vikas Ecotech Limited to Report Q4, 2023 Results on May 13, 2023Vikas Ecotech Limited announced that they will report Q4, 2023 results at 3:30 PM, Indian Standard Time on May 13, 2023Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₹3.35, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 135% over the past three years.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹2.88, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 330% over the past three years.Reported Earnings • Jan 31Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ₹1.12b (up 48% from 3Q 2022). Net income: ₹27.4m (down 20% from 3Q 2022). Profit margin: 2.4% (down from 4.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 24Vikas Ecotech Limited to Report Q3, 2023 Results on Jan 30, 2023Vikas Ecotech Limited announced that they will report Q3, 2023 results on Jan 30, 2023Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₹3.04, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 68% over the past three years.Reported Earnings • Oct 21Second quarter 2023 earnings released: EPS: ₹0.05 (vs ₹0.01 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.05 (up from ₹0.01 in 2Q 2022). Revenue: ₹1.35b (up 79% from 2Q 2022). Net income: ₹35.4m (up 447% from 2Q 2022). Profit margin: 2.6% (up from 0.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • Oct 14Vikas Ecotech Limited to Report Q2, 2023 Results on Oct 19, 2022Vikas Ecotech Limited announced that they will report Q2, 2023 results on Oct 19, 2022お知らせ • Sep 04Vikas EcoTech Limited, Annual General Meeting, Sep 29, 2022Vikas EcoTech Limited, Annual General Meeting, Sep 29, 2022.Reported Earnings • Jul 23First quarter 2023 earnings released: EPS: ₹0.02 (vs ₹0.14 loss in 1Q 2022)First quarter 2023 results: EPS: ₹0.02 (up from ₹0.14 loss in 1Q 2022). Revenue: ₹891.4m (up 383% from 1Q 2022). Net income: ₹14.6m (up ₹53.9m from 1Q 2022). Profit margin: 1.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.お知らせ • Jul 17Vikas EcoTech Limited to Report Q1, 2023 Results on Jul 22, 2022Vikas EcoTech Limited announced that they will report Q1, 2023 results on Jul 22, 2022Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Independent Non Executive Director Kratika Godika was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 26Vikas EcoTech Limited Announces Resignation of Suresh Kumar Dhingra as DirectorVikas EcoTech Limited announced that Mr. Suresh Kumar Dhingra has resigned from the post of Whole-Time Director of the Company with effect from April 25, 2022.Recent Insider Transactions • Apr 02MD & Executive Director recently sold ₹35m worth of stockOn the 25th of March, Vikas Garg sold around 6m shares on-market at roughly ₹5.48 per share. In the last 3 months, they made an even bigger sale worth ₹80m. Vikas has been a seller over the last 12 months, reducing personal holdings by ₹114m.Recent Insider Transactions • Feb 02MD & Executive Director recently sold ₹80m worth of stockOn the 28th of January, Vikas Garg sold around 13m shares on-market at roughly ₹6.33 per share. This was the largest sale by an insider in the last 3 months. This was Vikas' only on-market trade for the last 12 months.Board Change • Jan 01Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Independent Non Executive Director Kratika Godika was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Is New 90 Day High Low • Feb 20New 90-day low: ₹2.48The company is down 58% from its price of ₹5.87 on 20 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 15% over the same period.Executive Departure • Feb 05Additional Independent Non-Executive Director has left the companyOn the 30th of January, Reena Sharma's tenure as Additional Independent Non-Executive Director ended after 1.2 years in the role. We don't have any record of a personal shareholding under Reena's name. A total of 3 executives have left over the last 12 months.Is New 90 Day High Low • Feb 04New 90-day low: ₹2.69The company is down 44% from its price of ₹4.79 on 05 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 16% over the same period.お知らせ • Jan 31Reena Sharma Has Resigns Independent Director of Vikas EcoTech LimitedVikas EcoTech Limited announced that Ms. Reena Sharma has resigned from the post of Independent Director of the Company with effect from January 30, 2021.お知らせ • Jan 19Vikas EcoTech Limited to Report Q3, 2021 Results on Jan 23, 2021Vikas EcoTech Limited announced that they will report Q3, 2021 results on Jan 23, 2021Is New 90 Day High Low • Jan 08New 90-day low: ₹3.86The company is down 8.0% from its price of ₹4.20 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 24% over the same period.Is New 90 Day High Low • Dec 22New 90-day low: ₹4.02The company is down 35% from its price of ₹6.17 on 23 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 16% over the same period.Recent Insider Transactions • Dec 03MD & Executive Director recently sold ₹60m worth of stockOn the 25th of November, Vikas Garg sold around 12m shares on-market at roughly ₹5.26 per share. This was the largest sale by an insider in the last 3 months. This was Vikas' only on-market trade for the last 12 months.Recent Insider Transactions • Nov 14Insider recently sold ₹11m worth of stockOn the 11th of November, Nand Garg sold around 2m shares on-market at roughly ₹4.70 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.お知らせ • Jul 31Vikas EcoTech Limited to Report Fiscal Year 2020 Results on Jul 31, 2020Vikas EcoTech Limited announced that they will report fiscal year 2020 results on Jul 31, 2020お知らせ • Jun 20Vikas EcoTech Limited Announces Impact of COVID-19 PandemicVikas EcoTech Limited announced that the Company's manufacturing facilities remained closed from March 22, 2020, due to lockdown and resumed operation at its plant situated at G-24 to 30, F-7, F-8, Vigyan Nagar, RIICO Industrial Area, Shahjahanpur, Alwar, Rajasthan 301706 effective, April 11, 2020 (with the permission of Government of Rajasthan), which has impacted its operations during March, 2020 and April, 2020 partially. The Company has partially resumed operations of administrative/corporate office from May 18, 2020, and fully resumed from its operations from June 3, 2020 adhering to the safety norms prescribed by Government of India and State Government policies framed for dispatches, production and operations.株主還元530961IN ChemicalsIN 市場7D-8.0%0.7%0.5%1Y-46.4%-2.6%-0.7%株主還元を見る業界別リターン: 530961過去 1 年間で-2.6 % の収益を上げたIndian Chemicals業界を下回りました。リターン対市場: 530961は、過去 1 年間で-0.7 % のリターンを上げたIndian市場を下回りました。価格変動Is 530961's price volatile compared to industry and market?530961 volatility530961 Average Weekly Movement8.5%Chemicals Industry Average Movement7.2%Market Average Movement7.2%10% most volatile stocks in IN Market10.1%10% least volatile stocks in IN Market4.8%安定した株価: 530961 、 Indian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 530961の 週次ボラティリティ ( 9% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1984131Balwant Bhushanwww.vikasecotech.comヴィカス・エコテック社はインドで特殊添加剤、ゴム・プラスチック・ ポリマーコンパウンドを製造・販売している。インフラ・エネルギー、化学、ポリマー・特殊添加剤、不動産の各セグメントで事業を展開。有機スズ安定剤、ジメチル錫ジクロライド、可塑剤、難燃剤、塩素化ポリエチレン、エポキシ化大豆油などの特殊添加剤、Tinmate、Thermate、Veeprene TPRコンパウンド、Veeprene TPEコンパウンドのブランド名で熱可塑性ゴム、熱可塑性エラストマー、エチレン酢酸ビニルコンパウンドを提供している。また、TAFMER/POE、ACEOX、CELLCOM製品、加工助剤、衝撃改良剤、PEワックス、スチレン・エチレン・ブチレン・スチレン、スチレン・ブタジエン・コポリマー、スチレン・ブタジエン・ゴム、PVC樹脂、二酸化チタン、メタノール、カーボンブラック製品も取り扱っている。さらに、ポリ塩化ビニルコンパウンドやポリエチレンテレフタレートコンパウンドなどの特殊リサイクル材料の製造や、不動産開発、石炭供給事業も行っている。さらに、同社はガス用途の鋼管継手やMDPEパイプなどのインフラ製品、インフラやその他様々な産業向けのTMTバー、スチール、HR、CRコイル、電縫パイプなどを提供している。同社の製品は、農業、インフラ、包装、電気、履物、医薬品、自動車、医療機器、その他消費者分野で使用されている。ヴィカス・エコテック社は製品を輸出している。以前はヴィカス・グローバルワン・リミテッドとして知られていたが、2015年12月にヴィカス・エコテック・リミテッドに社名変更。ヴィカス・エコテック・リミテッドは1984年に法人化され、インドのニューデリーに拠点を置く。もっと見るVikas Ecotech Limited 基礎のまとめVikas Ecotech の収益と売上を時価総額と比較するとどうか。530961 基礎統計学時価総額₹1.75b収益（TTM）₹67.71m売上高(TTM)₹3.40b25.8xPER（株価収益率0.5xP/Sレシオ530961 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計530961 損益計算書（TTM）収益₹3.40b売上原価₹3.10b売上総利益₹295.70mその他の費用₹227.99m収益₹67.71m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）0.049グロス・マージン8.71%純利益率1.99%有利子負債／自己資本比率9.5%530961 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 15:09終値2026/05/21 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Vikas Ecotech Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Vaishali Kumar ParkarBOB Capital Markets Ltd.Padmaja AmbekarBOB Capital Markets Ltd.Anil BurraFirstCall Research
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (₹2.07b market cap, or US$22.4m).
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹1.19, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 20x in the Chemicals industry in India. Total loss to shareholders of 56% over the past three years.
Reported Earnings • Feb 09Third quarter 2026 earnings releasedThird quarter 2026 results: Revenue: ₹687.2m (down 19% from 3Q 2025). Net loss: ₹16.6m (loss widened 199% from 3Q 2025).
お知らせ • Jan 30Vikas Ecotech Limited to Report Q3, 2026 Results on Feb 05, 2026Vikas Ecotech Limited announced that they will report Q3, 2026 results on Feb 05, 2026
New Risk • Jan 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Market cap is less than US$100m (₹2.25b market cap, or US$24.9m).
Reported Earnings • Nov 17Second quarter 2026 earnings released: EPS: ₹0.01 (vs ₹0.017 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.01 (down from ₹0.017 in 2Q 2025). Revenue: ₹668.2m (down 25% from 2Q 2025). Net income: ₹17.5m (down 39% from 2Q 2025). Profit margin: 2.6% (down from 3.2% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (₹2.07b market cap, or US$22.4m).
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹1.19, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 20x in the Chemicals industry in India. Total loss to shareholders of 56% over the past three years.
Reported Earnings • Feb 09Third quarter 2026 earnings releasedThird quarter 2026 results: Revenue: ₹687.2m (down 19% from 3Q 2025). Net loss: ₹16.6m (loss widened 199% from 3Q 2025).
お知らせ • Jan 30Vikas Ecotech Limited to Report Q3, 2026 Results on Feb 05, 2026Vikas Ecotech Limited announced that they will report Q3, 2026 results on Feb 05, 2026
New Risk • Jan 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Market cap is less than US$100m (₹2.25b market cap, or US$24.9m).
Reported Earnings • Nov 17Second quarter 2026 earnings released: EPS: ₹0.01 (vs ₹0.017 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.01 (down from ₹0.017 in 2Q 2025). Revenue: ₹668.2m (down 25% from 2Q 2025). Net income: ₹17.5m (down 39% from 2Q 2025). Profit margin: 2.6% (down from 3.2% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 11Vikas Ecotech Limited to Report Q2, 2026 Results on Nov 14, 2025Vikas Ecotech Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 14, 2025
お知らせ • Sep 03Vikas Ecotech Limited, Annual General Meeting, Sep 29, 2025Vikas Ecotech Limited, Annual General Meeting, Sep 29, 2025, at 16:30 Indian Standard Time.
Reported Earnings • Aug 14First quarter 2026 earnings released: EPS: ₹0.02 (vs ₹0.07 in 1Q 2025)First quarter 2026 results: EPS: ₹0.02 (down from ₹0.07 in 1Q 2025). Revenue: ₹1.05b (up 3.5% from 1Q 2025). Net income: ₹23.7m (down 77% from 1Q 2025). Profit margin: 2.3% (down from 10% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Aug 09Vikas Ecotech Limited to Report Q1, 2026 Results on Aug 13, 2025Vikas Ecotech Limited announced that they will report Q1, 2026 results on Aug 13, 2025
Reported Earnings • May 30Full year 2025 earnings released: EPS: ₹0.10 (vs ₹0.056 in FY 2024)Full year 2025 results: EPS: ₹0.10 (up from ₹0.056 in FY 2024). Revenue: ₹3.84b (up 48% from FY 2024). Net income: ₹169.8m (up 148% from FY 2024). Profit margin: 4.4% (up from 2.6% in FY 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • May 24Vikas Ecotech Limited to Report Q4, 2025 Results on May 29, 2025Vikas Ecotech Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 29, 2025
Reported Earnings • Feb 16Third quarter 2025 earnings released: ₹0.003 loss per share (vs ₹0.011 profit in 3Q 2024)Third quarter 2025 results: ₹0.003 loss per share (down from ₹0.011 profit in 3Q 2024). Revenue: ₹862.6m (up 26% from 3Q 2024). Net loss: ₹5.54m (down 145% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Feb 11Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to ₹2.78. The fair value is estimated to be ₹3.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company has become profitable.
お知らせ • Feb 10Vikas Ecotech Limited to Report Q3, 2025 Results on Feb 14, 2025Vikas Ecotech Limited announced that they will report Q3, 2025 results on Feb 14, 2025
Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.016 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.01. Revenue: ₹902.3m (up 49% from 2Q 2024). Net income: ₹28.5m (up 62% from 2Q 2024). Profit margin: 3.2% (up from 2.9% in 2Q 2024). The increase in margin was driven by higher revenue.
お知らせ • Nov 12Vikas Ecotech Limited to Report Q2, 2025 Results on Nov 14, 2024Vikas Ecotech Limited announced that they will report Q2, 2025 results on Nov 14, 2024
お知らせ • Oct 04Vikas Ecotech Limited Announces Resignation of Amit Dhuria as Chief Financial Officer, Effective October 15, 2024Vikas Ecotech Limited announced that Mr. Amit Dhuria has tendered his resignation from the post of Chief Financial Officer (CFO) of the Company with effect from October 15, 2024 due to reshuffling of resources among Group. The Company is in the process of appointing a new Chief Financial Officer and the same will be communicated to the Stock Exchange in due course.
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Shareholders have been diluted in the past year (37% increase in shares outstanding). Market cap is less than US$100m (₹6.51b market cap, or US$77.6m).
お知らせ • Sep 11Vikas Ecotech Limited, Annual General Meeting, Sep 30, 2024Vikas Ecotech Limited, Annual General Meeting, Sep 30, 2024, at 16:30 Indian Standard Time.
Reported Earnings • Aug 01First quarter 2025 earnings released: EPS: ₹0.07 (vs ₹0.01 in 1Q 2024)First quarter 2025 results: EPS: ₹0.07 (up from ₹0.01 in 1Q 2024). Revenue: ₹1.15b (up 95% from 1Q 2024). Net income: ₹103.8m (up ₹88.3m from 1Q 2024). Profit margin: 9.0% (up from 2.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 27Vikas Ecotech Limited to Report Q1, 2025 Results on Jul 31, 2024Vikas Ecotech Limited announced that they will report Q1, 2025 results on Jul 31, 2024
Reported Earnings • May 23Full year 2024 earnings released: EPS: ₹0.06 (vs ₹0.10 in FY 2023)Full year 2024 results: EPS: ₹0.06 (down from ₹0.10 in FY 2023). Revenue: ₹2.62b (down 35% from FY 2023). Net income: ₹68.5m (down 28% from FY 2023). Profit margin: 2.6% (up from 2.4% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
New Risk • May 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 86% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (86% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹6.99b market cap, or US$83.9m).
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹3.46, the stock trades at a trailing P/E ratio of 75.8x. Average trailing P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 135% over the past three years.
New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (46% increase in shares outstanding). Market cap is less than US$100m (₹6.47b market cap, or US$77.9m).
Reported Earnings • Feb 11Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: ₹687.6m (down 38% from 3Q 2023). Net income: ₹12.3m (down 55% from 3Q 2023). Profit margin: 1.8% (down from 2.5% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 31Vikas Ecotech Limited to Report Q3, 2024 Results on Feb 09, 2024Vikas Ecotech Limited announced that they will report Q3, 2024 results on Feb 09, 2024
お知らせ • Jan 25Vikas Ecotech Limited (BSE:530961) agreed to acquire Shamli Steels Private Limited for INR 1600 million.Vikas Ecotech Limited (BSE:530961) agreed to acquire Shamli Steels Private Limited for INR 1600 million on January 23, 2024. The consideration consists of INR 1600 million in common equity. As part of the consideration, INR 1600 million was paid towards common equity. The transaction is expected to close in the financial year 2023-2024.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹4.33, the stock trades at a trailing P/E ratio of 76.7x. Average trailing P/E is 31x in the Chemicals industry in India. Total returns to shareholders of 90% over the past three years.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹3.83, the stock trades at a trailing P/E ratio of 67.8x. Average trailing P/E is 29x in the Chemicals industry in India. Total returns to shareholders of 46% over the past three years.
Reported Earnings • Nov 10Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: ₹604.9m (down 55% from 2Q 2023). Net income: ₹17.7m (down 50% from 2Q 2023). Profit margin: 2.9% (up from 2.6% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Nov 02Vikas Ecotech Limited announced that it has received INR 85 million in fundingOn November 1, 2023, Vikas Ecotech Limited, closed the transaction. The transaction has been approved by the shareholders of the company.
お知らせ • Sep 14Vikas Ecotech Limited has completed a Follow-on Equity Offering in the amount of INR 499.968 million.Vikas Ecotech Limited has completed a Follow-on Equity Offering in the amount of INR 499.968 million. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 161,280,000 Price\Range: INR 3.1 Transaction Features: Regulation S; Subsequent Direct Listing
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 28%After last week's 28% share price gain to ₹3.87, the stock trades at a trailing P/E ratio of 45.4x. Average trailing P/E is 28x in the Chemicals industry in India. Total loss to shareholders of 4.3% over the past three years.
お知らせ • Sep 01Vikas Ecotech Limited, Annual General Meeting, Sep 29, 2023Vikas Ecotech Limited, Annual General Meeting, Sep 29, 2023.
お知らせ • Aug 11+ 1 more updateVikas Ecotech Limited Approves Board ChangesThe Board of Directors of the Vikas Ecotech Limited in their meeting held on August 10, 2023 approved the appointment of Mr. Rajeev Kumar as an Additional Director (Category: Executive) with effect from August 10, 2023. The company approved the resignation of Mr. Vivek Garg, from the post of Non -Executive Director of the company with effect from August 10, 2023. He holds Bachelor in Arts from Sam Higginbottom Institute of Agriculture, Allahabad University, having vide experience of 20 years in the field in handling Strategic planning and Commercial projects. Reconstitution of Committees: AUDIT COMMITTEE: Mr. Ravi Kumar Gupta - Chairman - Non-Executive - Independent Director; Mr. Gyan Prakash Govil – Member - Non-Executive - Independent Director and Mr. Rajeev Kumar – Member - Executive Director, NOMINATION AND REMUNERATION COMMITTEE: Mr. Ravi Kumar Gupta - Chairman - Non-Executive - Independent Director; Mr. Gyan Prakash Govil – Member - Non-Executive - Independent Director and Mr. Rajeev Kumar – Member - Executive Director, STAKEHOLDERS’ RELATIONSHIP COMMITTEE: Mr. Ravi Kumar Gupta - Chairman - Non-Executive - Independent Director; Mr. Gyan Prakash Govil – Member - Non-Executive - Independent Director and Mr. Rajeev Kumar – Member - Executive Director.
Reported Earnings • Aug 11First quarter 2024 earnings released: EPS: ₹0.01 (vs ₹0.02 in 1Q 2023)First quarter 2024 results: EPS: ₹0.01. Revenue: ₹589.0m (down 34% from 1Q 2023). Net income: ₹15.5m (up 6.1% from 1Q 2023). Profit margin: 2.6% (up from 1.6% in 1Q 2023). The increase in margin was driven by lower expenses.
お知らせ • Aug 04Vikas Ecotech Limited to Report Q1, 2024 Results on Aug 10, 2023Vikas Ecotech Limited announced that they will report Q1, 2024 results on Aug 10, 2023
New Risk • Jun 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 37% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (₹3.84b market cap, or US$46.9m).
New Risk • Jun 15New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 37% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (₹4.14b market cap, or US$50.3m).
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₹3.67, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 22x in the Chemicals industry in India. Total returns to shareholders of 35% over the past three years.
お知らせ • Jun 14Vikas Ecotech Limited has completed a Follow-on Equity Offering in the amount of INR 499.8 million.Vikas Ecotech Limited has completed a Follow-on Equity Offering in the amount of INR 499.8 million. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 178,500,000 Price\Range: INR 2.8 Transaction Features: Regulation S; Subsequent Direct Listing
Reported Earnings • May 14Full year 2023 earnings released: EPS: ₹0.10 (vs ₹0.015 in FY 2022)Full year 2023 results: EPS: ₹0.10 (up from ₹0.015 in FY 2022). Revenue: ₹4.06b (up 62% from FY 2022). Net income: ₹95.3m (up ₹81.3m from FY 2022). Profit margin: 2.3% (up from 0.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • May 14+ 1 more updateVikas Ecotech Limited Approves Appointment of Balwant Kumar Bhushan as Executive DirectorVikas Ecotech Limited at its meeting held on May 13, 2023 approved the appointment of Mr. Balwant Kumar Bhushan as an Executive Director, Key Managerial Personnel of the Company with immediate effect i.e. May 13, 2023 as per the provision of Section 203 of the Companies Act, 2013 read with its applicable Rules and Regulation 30 of SEBI Regulations, 2015. Mr. Balwant Kumar Bhushan is having rich experience in the field of Accounts/Finance/Internal Audit/Taxation. He is also having good knowledge of Corporate Law, Strategic/Financial Planning, Working Capital Management, Filings, Statutory Compliances and MIS among other aspects of Corporate functioning.
お知らせ • May 07Vikas Ecotech Limited to Report Q4, 2023 Results on May 13, 2023Vikas Ecotech Limited announced that they will report Q4, 2023 results at 3:30 PM, Indian Standard Time on May 13, 2023
Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₹3.35, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 135% over the past three years.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹2.88, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 330% over the past three years.
Reported Earnings • Jan 31Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ₹1.12b (up 48% from 3Q 2022). Net income: ₹27.4m (down 20% from 3Q 2022). Profit margin: 2.4% (down from 4.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 24Vikas Ecotech Limited to Report Q3, 2023 Results on Jan 30, 2023Vikas Ecotech Limited announced that they will report Q3, 2023 results on Jan 30, 2023
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₹3.04, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 68% over the past three years.
Reported Earnings • Oct 21Second quarter 2023 earnings released: EPS: ₹0.05 (vs ₹0.01 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.05 (up from ₹0.01 in 2Q 2022). Revenue: ₹1.35b (up 79% from 2Q 2022). Net income: ₹35.4m (up 447% from 2Q 2022). Profit margin: 2.6% (up from 0.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • Oct 14Vikas Ecotech Limited to Report Q2, 2023 Results on Oct 19, 2022Vikas Ecotech Limited announced that they will report Q2, 2023 results on Oct 19, 2022
お知らせ • Sep 04Vikas EcoTech Limited, Annual General Meeting, Sep 29, 2022Vikas EcoTech Limited, Annual General Meeting, Sep 29, 2022.
Reported Earnings • Jul 23First quarter 2023 earnings released: EPS: ₹0.02 (vs ₹0.14 loss in 1Q 2022)First quarter 2023 results: EPS: ₹0.02 (up from ₹0.14 loss in 1Q 2022). Revenue: ₹891.4m (up 383% from 1Q 2022). Net income: ₹14.6m (up ₹53.9m from 1Q 2022). Profit margin: 1.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 17Vikas EcoTech Limited to Report Q1, 2023 Results on Jul 22, 2022Vikas EcoTech Limited announced that they will report Q1, 2023 results on Jul 22, 2022
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Independent Non Executive Director Kratika Godika was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 26Vikas EcoTech Limited Announces Resignation of Suresh Kumar Dhingra as DirectorVikas EcoTech Limited announced that Mr. Suresh Kumar Dhingra has resigned from the post of Whole-Time Director of the Company with effect from April 25, 2022.
Recent Insider Transactions • Apr 02MD & Executive Director recently sold ₹35m worth of stockOn the 25th of March, Vikas Garg sold around 6m shares on-market at roughly ₹5.48 per share. In the last 3 months, they made an even bigger sale worth ₹80m. Vikas has been a seller over the last 12 months, reducing personal holdings by ₹114m.
Recent Insider Transactions • Feb 02MD & Executive Director recently sold ₹80m worth of stockOn the 28th of January, Vikas Garg sold around 13m shares on-market at roughly ₹6.33 per share. This was the largest sale by an insider in the last 3 months. This was Vikas' only on-market trade for the last 12 months.
Board Change • Jan 01Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Independent Non Executive Director Kratika Godika was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Is New 90 Day High Low • Feb 20New 90-day low: ₹2.48The company is down 58% from its price of ₹5.87 on 20 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 15% over the same period.
Executive Departure • Feb 05Additional Independent Non-Executive Director has left the companyOn the 30th of January, Reena Sharma's tenure as Additional Independent Non-Executive Director ended after 1.2 years in the role. We don't have any record of a personal shareholding under Reena's name. A total of 3 executives have left over the last 12 months.
Is New 90 Day High Low • Feb 04New 90-day low: ₹2.69The company is down 44% from its price of ₹4.79 on 05 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 16% over the same period.
お知らせ • Jan 31Reena Sharma Has Resigns Independent Director of Vikas EcoTech LimitedVikas EcoTech Limited announced that Ms. Reena Sharma has resigned from the post of Independent Director of the Company with effect from January 30, 2021.
お知らせ • Jan 19Vikas EcoTech Limited to Report Q3, 2021 Results on Jan 23, 2021Vikas EcoTech Limited announced that they will report Q3, 2021 results on Jan 23, 2021
Is New 90 Day High Low • Jan 08New 90-day low: ₹3.86The company is down 8.0% from its price of ₹4.20 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 24% over the same period.
Is New 90 Day High Low • Dec 22New 90-day low: ₹4.02The company is down 35% from its price of ₹6.17 on 23 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 16% over the same period.
Recent Insider Transactions • Dec 03MD & Executive Director recently sold ₹60m worth of stockOn the 25th of November, Vikas Garg sold around 12m shares on-market at roughly ₹5.26 per share. This was the largest sale by an insider in the last 3 months. This was Vikas' only on-market trade for the last 12 months.
Recent Insider Transactions • Nov 14Insider recently sold ₹11m worth of stockOn the 11th of November, Nand Garg sold around 2m shares on-market at roughly ₹4.70 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
お知らせ • Jul 31Vikas EcoTech Limited to Report Fiscal Year 2020 Results on Jul 31, 2020Vikas EcoTech Limited announced that they will report fiscal year 2020 results on Jul 31, 2020
お知らせ • Jun 20Vikas EcoTech Limited Announces Impact of COVID-19 PandemicVikas EcoTech Limited announced that the Company's manufacturing facilities remained closed from March 22, 2020, due to lockdown and resumed operation at its plant situated at G-24 to 30, F-7, F-8, Vigyan Nagar, RIICO Industrial Area, Shahjahanpur, Alwar, Rajasthan 301706 effective, April 11, 2020 (with the permission of Government of Rajasthan), which has impacted its operations during March, 2020 and April, 2020 partially. The Company has partially resumed operations of administrative/corporate office from May 18, 2020, and fully resumed from its operations from June 3, 2020 adhering to the safety norms prescribed by Government of India and State Government policies framed for dispatches, production and operations.
