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Vikas Ecotech LimitedNSEI:VIKASECO Stock Report

Market Cap ₹1.8b
Share Price
₹1.31
₹4.39
70.2% undervalued intrinsic discount
1Y-43.5%
7D0.8%
1D
Portfolio Value
​
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Vikas Ecotech Limited

NSEI:VIKASECO Stock Report

Market Cap: ₹1.8b

Vikas Ecotech (VIKASECO) Stock Overview

Engages in the manufacture and sale of specialty additives, and rubber-plastic and polymer compounds in India. More details

VIKASECO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Risk Analysis

Volatile share price over the past 3 months compared to the Indian market

Profit margins (2%) are lower than last year (4.3%)

Does not have a meaningful market cap (₹2B)


VIKASECO Community Fair Values

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Vikas Ecotech Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Vikas Ecotech
Historical stock prices
Current Share Price₹1.31
52 Week High₹2.78
52 Week Low₹0.99
Beta0.37
1 Month Change-3.68%
3 Month Change-10.88%
1 Year Change-43.53%
3 Year Change-54.83%
5 Year Change-40.45%
Change since IPO-91.68%

Recent News & Updates

Recent updates

Analysis Article • Nov 20

Vikas Ecotech Limited's (NSE:VIKASECO) Business Is Trailing The Market But Its Shares Aren't

There wouldn't be many who think Vikas Ecotech Limited's ( NSE:VIKASECO ) price-to-earnings (or "P/E") ratio of 28.2x...
Analysis Article • Feb 19

Risks 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...
Analysis Article • Nov 22

Impressive 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...
Analysis Article • Feb 09

After Leaping 26% Vikas Ecotech Limited (NSE:VIKASECO) Shares Are Not Flying Under The Radar

Vikas Ecotech Limited ( NSE:VIKASECO ) shares have continued their recent momentum with a 26% gain in the last month...
Analysis Article • Dec 20

Some Shareholders Feeling Restless Over Vikas Ecotech Limited's (NSE:VIKASECO) P/E Ratio

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 29x, you may consider Vikas...
Analysis Article • Mar 30

Vikas Ecotech (NSE:VIKASECO) Has A Rock Solid Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Dec 26

Does 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...
Analysis Article • Oct 27

Vikas Ecotech's (NSE:VIKASECO) Solid Profits Have Weak Fundamentals

Unsurprisingly, Vikas Ecotech Limited's ( NSE:VIKASECO ) stock price was strong on the back of its healthy earnings...
Analysis Article • Jun 10

Vikas EcoTech (NSE:VIKASECO) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Jan 01

Does 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...
Analysis Article • May 17

Returns On Capital At Vikas EcoTech (NSE:VIKASECO) Paint A Concerning Picture

If 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...
Analysis Article • Mar 18

Should 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...
Analysis Article • Feb 12

Vikas EcoTech (NSE:VIKASECO) Has No Shortage Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jan 08

We'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...
Analysis Article • Dec 03

The MD & Executive Director of Vikas EcoTech Limited (NSE:VIKASECO), Vikas Garg, Just Sold 93% Of Their Holding

We wouldn't blame Vikas EcoTech Limited ( NSE:VIKASECO ) shareholders if they were a little worried about the fact that...
Analysis Article • Nov 15

Have 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...
Analysis Article • Sep 22

Here's What To Make Of Vikas EcoTech's (NSE:VIKASECO) Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few...

Shareholder Returns

VIKASECOIN ChemicalsIN Market
7D0.8%2.1%2.2%
1Y-43.5%-2.6%0.06%

Return vs Industry: VIKASECO underperformed the Indian Chemicals industry which returned -2.6% over the past year.

Return vs Market: VIKASECO underperformed the Indian Market which returned 0.1% over the past year.

Price Volatility

Is VIKASECO's price volatile compared to industry and market?
VIKASECO volatility
VIKASECO Average Weekly Movement8.8%
Chemicals Industry Average Movement7.4%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.3%
10% least volatile stocks in IN Market4.8%

Stable Share Price: VIKASECO's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: VIKASECO's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1984131Balwant Bhushanwww.vikasecotech.com

Vikas Ecotech Limited engages in the manufacture and sale of specialty additives, and rubber-plastic and polymer compounds in India. It operates through three segments: Infra & Energy, Chemical, Polymers & Special Additives; and Real Estate. The company offers specialty additives, including organotin stabilizers, dimethyl tin dichloride, plasticizers, flame retardants, and chlorinated polyethylene, as well as epoxidized soyabean oil; and thermoplastic rubber, thermoplastic elastomer, and ethylene vinyl acetate compounds under the brand names Tinmate, Thermate, Veeprene TPR compound, and Veeprene TPE compound.

Vikas Ecotech Limited Fundamentals Summary

How do Vikas Ecotech's earnings and revenue compare to its market cap?
VIKASECO fundamental statistics
Market cap₹1.82b
Earnings (TTM)₹67.71m
Revenue (TTM)₹3.40b
26.9x
P/E Ratio
0.5x
P/S Ratio

Is VIKASECO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VIKASECO income statement (TTM)
Revenue₹3.40b
Cost of Revenue₹3.10b
Gross Profit₹295.70m
Other Expenses₹227.99m
Earnings₹67.71m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.049
Gross Margin8.71%
Net Profit Margin1.99%
Debt/Equity Ratio9.5%

How did VIKASECO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/26 22:16
End of Day Share Price 2026/05/26 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vikas Ecotech Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vaishali Kumar ParkarBOB Capital Markets Ltd.
Padmaja AmbekarBOB Capital Markets Ltd.
Anil BurraFirstCall Research