View Past PerformanceVikas Ecotech バランスシートの健全性財務の健全性 基準チェック /46Vikas Ecotechの総株主資本は₹4.2B 、総負債は₹294.2Mで、負債比率は7.1%となります。総資産と総負債はそれぞれ₹5.1Bと₹958.5Mです。 Vikas Ecotechの EBIT は₹30.3Mで、利息カバレッジ比率0.7です。現金および短期投資は₹44.5Mです。主要情報7.06%負債資本比率₹294.19m負債インタレスト・カバレッジ・レシオ0.7x現金₹44.45mエクイティ₹4.17b負債合計₹958.50m総資産₹5.13b財務の健全性に関する最新情報分析記事 • Mar 30Vikas Ecotech (NSE:VIKASECO) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Dec 26Does Vikas Ecotech (NSE:VIKASECO) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Jun 10Vikas EcoTech (NSE:VIKASECO) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Jan 01Does Vikas EcoTech (NSE:VIKASECO) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Feb 12Vikas EcoTech (NSE:VIKASECO) Has No Shortage Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...すべての更新を表示Recent updatesお知らせ • Aug 21Vikas Ecotech Limited to Report Q1, 2027 Results on Aug 26, 2026Vikas Ecotech Limited announced that they will report Q1, 2027 results on Aug 26, 2026Reported Earnings • Jul 02Full year 2026 earnings released: EPS: ₹0.02 (vs ₹0.12 in FY 2025)Full year 2026 results: EPS: ₹0.02 (down from ₹0.12 in FY 2025). Revenue: ₹3.60b (down 4.6% from FY 2025). Net income: ₹16.7m (down 90% from FY 2025). Profit margin: 0.5% (down from 4.5% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.お知らせ • Jun 27Vikas Ecotech Limited to Report Q4, 2026 Results on Jul 01, 2026Vikas Ecotech Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on Jul 01, 2026Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₹1.46, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 21x in the Chemicals industry in India. Total loss to shareholders of 47% over the past three years.New Risk • Apr 07New 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 8.6% 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 (8.6% 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 (₹1.89b market cap, or US$20.3m).Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₹1.07, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 20x in the Chemicals industry in India. Total loss to shareholders of 57% 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 16New 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 (₹2.26b market cap, or US$25.0m).分析記事 • Nov 20Vikas Ecotech Limited's (NSE:VIKASECO) Business Is Trailing The Market But Its Shares Aren'tThere wouldn't be many who think Vikas Ecotech Limited's ( NSE:VIKASECO ) price-to-earnings (or "P/E") ratio of 28.2x...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, 2025分析記事 • Feb 19Risks Still Elevated At These Prices As Vikas Ecotech Limited (NSE:VIKASECO) Shares Dive 27%The Vikas Ecotech Limited ( NSE:VIKASECO ) share price has fared very poorly over the last month, falling by a...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 19% 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 ₹2.76. The fair value is estimated to be ₹3.53, 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分析記事 • Nov 22Impressive Earnings May Not Tell The Whole Story For Vikas Ecotech (NSE:VIKASECO)Vikas Ecotech Limited's ( NSE:VIKASECO ) robust earnings report didn't manage to move the market for its stock. We did...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, 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 20% 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 17%After last week's 17% share price decline to ₹3.45, 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 132% 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 26% per year, which means it is significantly lagging earnings growth.分析記事 • Feb 09After Leaping 26% Vikas Ecotech Limited (NSE:VIKASECO) Shares Are Not Flying Under The RadarVikas Ecotech Limited ( NSE:VIKASECO ) shares have continued their recent momentum with a 26% gain in the last month...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 ₹4.35, 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 ₹3.80, 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 44% over the past three years.分析記事 • Dec 20Some Shareholders Feeling Restless Over Vikas Ecotech Limited's (NSE:VIKASECO) P/E RatioWhen close to half the companies in India have price-to-earnings ratios (or "P/E's") below 29x, you may consider Vikas...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 ₹3.85, 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 6.6% 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 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 (8.9% 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 ₹3.65, 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 40% 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 8% 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 26%After last week's 26% 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 170% 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 ₹2.85, 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 338% over the past three years.分析記事 • Mar 30Vikas Ecotech (NSE:VIKASECO) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...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分析記事 • Dec 26Does Vikas Ecotech (NSE:VIKASECO) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₹3.05, 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 73% over the past three years.分析記事 • Oct 27Vikas Ecotech's (NSE:VIKASECO) Solid Profits Have Weak FundamentalsUnsurprisingly, Vikas Ecotech Limited's ( NSE:VIKASECO ) stock price was strong on the back of its healthy earnings...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.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 10% per year, which means it has not declined as severely as earnings.分析記事 • Jun 10Vikas EcoTech (NSE:VIKASECO) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...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.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.分析記事 • Jan 01Does Vikas EcoTech (NSE:VIKASECO) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...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.分析記事 • May 17Returns On Capital At Vikas EcoTech (NSE:VIKASECO) Paint A Concerning PictureIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...分析記事 • Mar 18Should You Review Recent Insider Transactions At Vikas EcoTech Limited (NSE:VIKASECO)?We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...Is New 90 Day High Low • Feb 20New 90-day low: ₹2.50The company is down 57% from its price of ₹5.80 on 20 November 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 14% over the same period.分析記事 • Feb 12Vikas EcoTech (NSE:VIKASECO) Has No Shortage Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Is New 90 Day High Low • Feb 04New 90-day low: ₹2.65The company is down 44% from its price of ₹4.75 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period.Is New 90 Day High Low • Jan 08New 90-day low: ₹3.85The company is down 9.0% from its price of ₹4.25 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.分析記事 • Jan 08We're Watching These Trends At Vikas EcoTech (NSE:VIKASECO)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...Is New 90 Day High Low • Dec 22New 90-day low: ₹4.10The company is down 33% from its price of ₹6.15 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.分析記事 • Dec 03The MD & Executive Director of Vikas EcoTech Limited (NSE:VIKASECO), Vikas Garg, Just Sold 93% Of Their HoldingWe wouldn't blame Vikas EcoTech Limited ( NSE:VIKASECO ) shareholders if they were a little worried about the fact that...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.分析記事 • Nov 15Have Vikas EcoTech Limited (NSE:VIKASECO) Insiders Been Selling Their Stock?We'd be surprised if Vikas EcoTech Limited (NSE:VIKASECO) shareholders haven't noticed that an insider, Nand Garg...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.分析記事 • Sep 22Here's What To Make Of Vikas EcoTech's (NSE:VIKASECO) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few...財務状況分析短期負債: VIKASECOの 短期資産 ( ₹3.6B ) が 短期負債 ( ₹944.9M ) を超えています。長期負債: VIKASECOの短期資産 ( ₹3.6B ) が 長期負債 ( ₹13.6M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: VIKASECOの 純負債対資本比率 ( 6% ) は 満足できる 水準であると考えられます。負債の削減: VIKASECOの負債対資本比率は、過去 5 年間で117.6%から7.1%に減少しました。債務返済能力: VIKASECOの 営業キャッシュフロー はマイナスであるため、負債は十分にカバーされていません。インタレストカバレッジ: VIKASECOの負債に対する 利息支払い は EBIT ( 0.7 x coverage) によって 十分にカバーされていません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YMaterials 業界の健全な企業。View Dividend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2026/08/24 19:21終値2026/08/24 00:00収益2026/03/31年間収益2026/03/31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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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
分析記事 • Mar 30Vikas Ecotech (NSE:VIKASECO) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Dec 26Does Vikas Ecotech (NSE:VIKASECO) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jun 10Vikas EcoTech (NSE:VIKASECO) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Jan 01Does Vikas EcoTech (NSE:VIKASECO) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Feb 12Vikas EcoTech (NSE:VIKASECO) Has No Shortage Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Aug 21Vikas Ecotech Limited to Report Q1, 2027 Results on Aug 26, 2026Vikas Ecotech Limited announced that they will report Q1, 2027 results on Aug 26, 2026
Reported Earnings • Jul 02Full year 2026 earnings released: EPS: ₹0.02 (vs ₹0.12 in FY 2025)Full year 2026 results: EPS: ₹0.02 (down from ₹0.12 in FY 2025). Revenue: ₹3.60b (down 4.6% from FY 2025). Net income: ₹16.7m (down 90% from FY 2025). Profit margin: 0.5% (down from 4.5% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
お知らせ • Jun 27Vikas Ecotech Limited to Report Q4, 2026 Results on Jul 01, 2026Vikas Ecotech Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on Jul 01, 2026
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₹1.46, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 21x in the Chemicals industry in India. Total loss to shareholders of 47% over the past three years.
New Risk • Apr 07New 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 8.6% 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 (8.6% 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 (₹1.89b market cap, or US$20.3m).
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₹1.07, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 20x in the Chemicals industry in India. Total loss to shareholders of 57% 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 16New 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 (₹2.26b market cap, or US$25.0m).
分析記事 • Nov 20Vikas Ecotech Limited's (NSE:VIKASECO) Business Is Trailing The Market But Its Shares Aren'tThere wouldn't be many who think Vikas Ecotech Limited's ( NSE:VIKASECO ) price-to-earnings (or "P/E") ratio of 28.2x...
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
分析記事 • Feb 19Risks Still Elevated At These Prices As Vikas Ecotech Limited (NSE:VIKASECO) Shares Dive 27%The Vikas Ecotech Limited ( NSE:VIKASECO ) share price has fared very poorly over the last month, falling by a...
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 19% 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 ₹2.76. The fair value is estimated to be ₹3.53, 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
分析記事 • Nov 22Impressive Earnings May Not Tell The Whole Story For Vikas Ecotech (NSE:VIKASECO)Vikas Ecotech Limited's ( NSE:VIKASECO ) robust earnings report didn't manage to move the market for its stock. We did...
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 20% 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 17%After last week's 17% share price decline to ₹3.45, 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 132% 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 26% per year, which means it is significantly lagging earnings growth.
分析記事 • Feb 09After Leaping 26% Vikas Ecotech Limited (NSE:VIKASECO) Shares Are Not Flying Under The RadarVikas Ecotech Limited ( NSE:VIKASECO ) shares have continued their recent momentum with a 26% gain in the last month...
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 ₹4.35, 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 ₹3.80, 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 44% over the past three years.
分析記事 • Dec 20Some Shareholders Feeling Restless Over Vikas Ecotech Limited's (NSE:VIKASECO) P/E RatioWhen close to half the companies in India have price-to-earnings ratios (or "P/E's") below 29x, you may consider Vikas...
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 ₹3.85, 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 6.6% 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 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 (8.9% 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 ₹3.65, 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 40% 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 8% 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 26%After last week's 26% 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 170% 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 ₹2.85, 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 338% over the past three years.
分析記事 • Mar 30Vikas Ecotech (NSE:VIKASECO) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
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
分析記事 • Dec 26Does Vikas Ecotech (NSE:VIKASECO) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₹3.05, 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 73% over the past three years.
分析記事 • Oct 27Vikas Ecotech's (NSE:VIKASECO) Solid Profits Have Weak FundamentalsUnsurprisingly, Vikas Ecotech Limited's ( NSE:VIKASECO ) stock price was strong on the back of its healthy earnings...
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.
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 10% per year, which means it has not declined as severely as earnings.
分析記事 • Jun 10Vikas EcoTech (NSE:VIKASECO) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
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.
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.
分析記事 • Jan 01Does Vikas EcoTech (NSE:VIKASECO) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
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.
分析記事 • May 17Returns On Capital At Vikas EcoTech (NSE:VIKASECO) Paint A Concerning PictureIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
分析記事 • Mar 18Should You Review Recent Insider Transactions At Vikas EcoTech Limited (NSE:VIKASECO)?We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...
Is New 90 Day High Low • Feb 20New 90-day low: ₹2.50The company is down 57% from its price of ₹5.80 on 20 November 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 14% over the same period.
分析記事 • Feb 12Vikas EcoTech (NSE:VIKASECO) Has No Shortage Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is New 90 Day High Low • Feb 04New 90-day low: ₹2.65The company is down 44% from its price of ₹4.75 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period.
Is New 90 Day High Low • Jan 08New 90-day low: ₹3.85The company is down 9.0% from its price of ₹4.25 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.
分析記事 • Jan 08We're Watching These Trends At Vikas EcoTech (NSE:VIKASECO)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Is New 90 Day High Low • Dec 22New 90-day low: ₹4.10The company is down 33% from its price of ₹6.15 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.
分析記事 • Dec 03The MD & Executive Director of Vikas EcoTech Limited (NSE:VIKASECO), Vikas Garg, Just Sold 93% Of Their HoldingWe wouldn't blame Vikas EcoTech Limited ( NSE:VIKASECO ) shareholders if they were a little worried about the fact that...
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.
分析記事 • Nov 15Have Vikas EcoTech Limited (NSE:VIKASECO) Insiders Been Selling Their Stock?We'd be surprised if Vikas EcoTech Limited (NSE:VIKASECO) shareholders haven't noticed that an insider, Nand Garg...
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.
分析記事 • Sep 22Here's What To Make Of Vikas EcoTech's (NSE:VIKASECO) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few...