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Vikas EcoTech Limited (VIKASECO.NS)

INR1.19 +0.00 (+0.00%)
IN NSE Basic Materials Chemicals - Specialty
Address Vikas House 110026
New Delhi, DL, IN
CEO Balwant Kumar Bhushan
IPO 2011-12-12
ISIN INE806A01020

Explore sections of this company profile

Also trades on Bombay Stock Exchange · VIKASECO.BO (INR) National Stock Exchange of India · VIKASECO.NS (INR)
Description

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. In addition, it trades in TAFMER/POE, ACEOX, and CELLCOM products, as well as processing aid, impact modifier, PE wax, styrene ethylene butylene styrene, styrene butadiene copolymer, styrene butadiene rubber, PVC resin, titanium dioxide, methanol, and carbon black products. Further, the company manufactures specialty-recycled materials, such as poly vinyl chloride compounds and polyethylene terephthalate compounds, as well as engages in real estate development and coal supply business. Additionally, the company offers infrastructure products, such as steel pipe fittings and MDPE pipes for gas applications; and TMT bars, steel, HR and CR coils, and ERW pipes for infrastructure and various other industries. Its products are used in agriculture, infrastructure, packaging, electricals, footwear, pharmaceuticals, automotive, medical devices and components, and other consumer goods sectors. It exports its products. The company was formerly known as Vikas GlobalOne Limited and changed its name to Vikas Ecotech Limited in December 2015. Vikas Ecotech Limited was incorporated in 1984 and is headquartered in New Delhi, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR1.19 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.31
Float Shares
1.59B
Free Float %
89.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.56% +0.00% -6.47% -6.47% -18.24% -23.53% -46.06% -55.17% -4.41% -73.95% -55.33%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1.19
DCF (Levered) 41.87 +3,418.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
2.75
Grey zone
Piotroski F-Score
3 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals - Specialty: +4.7%
    -6.5% Q1'26: +13.2% (vs Q1'25)
  • EPS growth Chemicals - Specialty: +13.2%
    -79.2% Q1'26: -118.5% (vs Q1'25)
  • FCF margin FCF growth · Chemicals - Specialty: +44.1%
    -34.8% Q1'26: -13.1% (vs Q1'25)
  • EBIT margin Chemicals - Specialty: +8.8%
    +0.9% Q1'26: -2.4% (vs Q1'25)
  • ROIC Chemicals - Specialty: +5.6%
    +0.4% Q1'26: -1.5% (vs Q1'25)
  • Share dilution Chemicals - Specialty: +0.1%
    -52.8% Q1'26: +0.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    3.56× Q1'26: -7.06× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.37) × ERP
WACC = 89% × Ke + 11% × Kd (14.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1.19
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2018
actual
Revenue
3.61B
est: 4.78B (-24.4%)
EBITDA
535.32M
est: 372.42M (+43.7%)
EBIT
505.29M
est: 289.28M (+74.7%)
Net Income
286.06M
est: 2.82B (-89.9%)
SGA
68.74M
est: 115.18M (-40.3%)
EPS
0.63
est: 1.60 (-60.5%)
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-27 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-26 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-25 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-22 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-21 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-20 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-19 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-18 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-15 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-127.58M
OE per share TTM
-0.07
Owner's Yield
-5.55%
Maintenance CapEx ratio
286.38%
Maint CapEx / Avg PPE
10.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
231.0K
Shares Outstanding
1.77B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Mahavir Agarwal Chief Financial Officer 2M male
Prashant Sajwani Company Secretary & Compliance Officer 1M male
Balwant Kumar Bhushan Chief Executive Officer & Whole Time Director 698.0K male
Dinesh Bhardwaj Executive Director 413.0K
Rajeev Kumar Executive Director 413.0K male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits