View Financial HealthVikas Ecotech 배당 및 자사주 매입배당 기준 점검 0/6Vikas Ecotech 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률89.2%자사주 매입 수익률총 주주 수익률89.2%미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent 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).공시 • 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.공시 • 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, 2025공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2024공시 • 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).공시 • 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.공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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.공시 • 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.공시 • Sep 01Vikas Ecotech Limited, Annual General Meeting, Sep 29, 2023Vikas Ecotech Limited, Annual General Meeting, Sep 29, 2023.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2022공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2020공시 • 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.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 530961 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: 530961 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Vikas Ecotech 배당 수익률 vs 시장530961의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (530961)0%시장 하위 25% (IN)0.3%시장 상위 25% (IN)1.5%업계 평균 (Chemicals)0.8%분석가 예측 (530961) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 530961 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 530961 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 530961 Indian 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: 530961 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YIN 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 03:54종가2026/05/22 00:00수익2025/12/31연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Vikas Ecotech Limited는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Vaishali 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).
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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).
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • Sep 01Vikas Ecotech Limited, Annual General Meeting, Sep 29, 2023Vikas Ecotech Limited, Annual General Meeting, Sep 29, 2023.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.