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Vikas EcoTech share price

Vikas EcoTech Ltd.

NSE: VIKASECO BSE: 530961 SECTOR: Chemicals  159k   339   49

3.67
+0.05 (1.38%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 3.75

Today's Low

₹ 3.62

52 Week High

₹ 5.63

52 Week Low

₹ 2.44

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

509.53 Cr.

Enterprise Value

567.3 Cr.

No. of Shares

138.84 Cr.

P/E

80.48

P/B

1.36

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  2.7

CASH

4.01 Cr.

DEBT

61.78 Cr.

Promoter Holding

6.87 %

EPS (TTM)

₹  0.05

Sales Growth

60.79%

ROE

4.1 %

ROCE

6.81%

Profit Growth

584.22 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Brands

These are the brands of Vikas EcoTech Ltd.

VEEPRENE VIKOLENE VIKOFLEX V-PET TINMATE THERMATE ADDFLEX V-ECOFLAMEX

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year60.79%
3 Year27.96%
5 Year11.6%

Profit Growth

1 Year584.22%
3 Year110.72%
5 Year-18.65%

ROE%

1 Year4.1%
3 Year-1.89%
5 Year1.23%

ROCE %

1 Year6.81%
3 Year5.22%
5 Year7.37%

Debt/Equity

0.2596

Price to Cash Flow

5.27

Interest Cover Ratio

1.98576275009163

CFO/PAT (5 Yr. Avg.)

10.0042127918427

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 6.87 0
Sep 2023 6.87 0
Jun 2023 7.85 0
Mar 2023 9.33 0
Dec 2022 9.29 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 110.723041197388% for the Past 3 years.
  • The company has shown a good revenue growth of 27.959474494956% for the Past 3 years.
  • The company has significantly decreased its debt by 31.166 Cr.
  • Company’s PEG ratio is 0.139151910149205.
  • Company has a healthy liquidity position with current ratio of 2.1935140653401.
  • The company has a good cash flow management; CFO/PAT stands at 10.0042127918427.

 Limitations

  • Company has a poor ROE of -1.89313743895554% over the past 3 years.
  • Tax rate is low at 9.17575503355705.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 111.32 68.33 57.7 60.75 68.46
Total Expenditure 105.69 63.3 53.62 55.25 64.73
Operating Profit 5.62 5.02 4.08 5.5 3.73
Other Income 0.82 1.31 1.2 -0.25 0.3
Interest 2.64 2.62 2.32 1.99 1.45
Depreciation 0.96 1.34 0.87 0.9 0.93
Exceptional Items 0 0 0 0 0
Profit Before Tax 2.85 2.37 2.08 2.35 1.64
Tax 0.11 0.59 0.53 0.59 0.41
Profit After Tax 2.74 1.79 1.55 1.77 1.23
Adjusted EPS (Rs) 0.03 0.02 0.01 0.01 0.01

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 245.25 192.19 116.18 250.42 402.67
Total Expenditure 215.7 180.51 111.99 227.66 380.75
Operating Profit 29.55 11.68 4.19 22.77 21.91
Other Income 13.99 7.01 4.87 2.02 3.18
Interest 13.95 19.41 18.16 19.09 10.64
Depreciation 4.77 4.77 3.96 3.6 3.96
Exceptional Items 0 8.37 0 0 0
Profit Before Tax 24.83 2.88 -13.07 2.09 10.49
Tax 9.82 1.87 1.28 0.7 0.96
Net Profit 15.01 1.02 -14.35 1.39 9.53
Adjusted EPS (Rs.) 0.33 0.02 -0.32 0.01 0.1

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 27.99 27.99 27.99 93.93 94.86
Total Reserves 113.91 115 100.65 133.7 143.08
Borrowings 24.91 4.44 5.36 3.05 0
Other N/C liabilities -0.68 -0.72 0.02 0.08 -0.35
Current liabilities 224.4 197.82 190.98 113.01 104.42
Total Liabilities 390.52 344.52 325.01 343.78 342.01
Assets
Net Block 39.57 29.6 22.12 20.3 21.22
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 1.84 0.07 0 55
Loans & Advances 18.16 18.16 34.2 38.5 29
Other N/C Assets 0.02 0.02 8.31 8.13 7.74
Current Assets 332.77 294.91 260.32 276.84 229.05
Total Assets 390.52 344.52 325.01 343.78 342.01
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 24.83 2.88 -13.07 2.09 10.49
Adjustment 17.43 20.54 21.04 21.25 13.27
Changes in Assets & Liabilities -21.92 4.28 5.46 -40.49 73.8
Tax Paid -11.33 -1.93 -0.98 -0.7 -0.96
Operating Cash Flow 9.01 25.78 12.44 -17.85 96.6
Investing Cash Flow -12.36 5.6 -0.42 0.31 -58.12
Financing Cash Flow 0.75 -31.75 -12.01 20.02 -41.07
Net Cash Flow -2.6 -0.37 0.01 2.48 -2.59

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 9.29 9.33 7.85 6.87 6.87
nand kishore garg - - - 0.01 0.01
sukriti garg 0.01 0.01 - - 0.35
usha garg 0.06 0.06 0.05 0.04 0.04
vikas garg 8.25 8.29 6.98 6.10 6.10
vikas garg huf 0.05 0.05 0.04 0.04 0.04
vikas lifecare limited 0.43 0.43 0.36 0.32 0.32
sukriti welfare trust 0.47 0.47 0.40 0.35 -
PARTICULARS Jun 2022% Sep 2022% Dec 2022% Jun 2023% Sep 2023%
investors 90.71 90.71 90.71 92.15 93.13
citadel securities india ... - - - - 1.10
forbes emf - - - - 4.13
minerva ventures fund - - - - 4.12
radiant global fund - - - - 1.16
sawarnbhumi vanijya priva... - - - - 1.18
silvertoss shoppers priva... - - - - 1.16
ag dynamic funds limited - - - 6.80 -
calypso global investment... - - - 1.58 -
vikasa global fund pcc - ... - - - 6.77 -
nomura singapore limited ... 1.05 1.05 1.05 - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Vikas Ecotech’s arm bags export order for Vinyl Plasticizers27 Mar 2024, 5:05PM Vikas EcoTech informs about disclosure26 Mar 2024, 5:17PM Vikas EcoTech informs about press release19 Mar 2024, 12:32PM Vikas Ecotech informs about receipt of request for reclassification of shareholders16 Mar 2024, 3:54PM Vikas EcoTech informs about media release23 Feb 2024, 4:56PM Vikas Ecotech completes process of acquisition of 100% stakes in Vikas Organics23 Feb 2024, 4:44PM Vikas EcoTech submits newspaper publication10 Feb 2024, 1:56PM Vikas EcoTech - Quaterly Results9 Feb 2024, 5:39PM Vikas EcoTech - Quaterly Results9 Feb 2024, 5:39PM Vikas Ecotech informs about outcome of board meeting22 Jan 2024, 1:06PM Vikas EcoTech informs about trading window closure30 Dec 2023, 3:16PM Vikas EcoTech informs about loss of share certificates12 Dec 2023, 3:21PM Vikas EcoTech informs about outcome of board meeting 12 Dec 2023, 3:06PM Vikas Ecotech repays another Rs 12.30 crore to bankers12 Dec 2023, 11:43AM Vikas EcoTech bags orders worth Rs 22.5 crore8 Dec 2023, 2:30PM Vikas EcoTech informs about media release8 Dec 2023, 1:12PM Vikas EcoTech informs about outcome of board meeting6 Dec 2023, 5:21PM Vikas EcoTech informs about outcome of committee meeting13 Sep 2023, 5:16PM Vikas Ecotech repays another Rs 5 crore under debt reduction program6 Sep 2023, 11:43AM Vikas Ecotech repays debt of Rs 5 crore 18 Aug 2023, 11:52AM Vikas Ecotech informs about updates on debt reduction program 18 Aug 2023, 9:32AM Vikas EcoTech - Quaterly Results10 Aug 2023, 6:46PM Vikas EcoTech - Quaterly Results10 Aug 2023, 6:46PM Vikas Ecotech bags orders worth Rs 20 crore for supplying coal to Prism Johnson4 Aug 2023, 12:15PM Vikas EcoTech informs about media release 15 Jul 2023, 3:27PM Vikas Ecotech bags orders worth Rs 20 crore for specialty polymer compounds division15 Jul 2023, 12:01PM Vikas Ecotech repays bank debts of Rs 7.30 crore 22 Jun 2023, 2:22PM Vikas EcoTech informs about debt reduction program 22 Jun 2023, 1:25PM Vikas Ecotech bags orders worth Rs 9 crore for specialty polymer compounds division19 Jun 2023, 2:59PM Vikas Ecotech to raise Rs 100 crore through QIP route7 Jun 2023, 3:28PM Vikas EcoTech informs about press release15 May 2023, 2:47PM Vikas EcoTech - Quaterly Results13 May 2023, 3:51PM Vikas EcoTech - Quaterly Results13 May 2023, 3:51PM Vikas EcoTech - Quaterly Results13 May 2023, 3:51PM Vikas Ecotech ventures into arena of green-enviro-friendly infrastructure development projects4 May 2023, 2:16PM Vikas EcoTech informs about resignation of chief executive officer 2 May 2023, 5:08PM Vikas EcoTech informs about scrutinizer’s report28 Feb 2023, 12:53PM Vikas EcoTech - Quaterly Results30 Jan 2023, 6:39PM Vikas EcoTech - Quaterly Results30 Jan 2023, 6:39PM Vikas Ecotech’s R&D division collaborates with King Khalid University 17 Jan 2023, 10:29AM Vikas Ecotech enters into collaborative innovation with Global Conglomerates of repute20 Oct 2022, 4:19PM Vikas EcoTech informs about un-audited financial results 20 Oct 2022, 3:07PM Vikas EcoTech - Quaterly Results19 Oct 2022, 6:36PM Vikas EcoTech - Quaterly Results19 Oct 2022, 6:36PM Vikas Ecotech informs about certificate 18 Oct 2022, 2:51PM Vikas Ecotech informs about dispatch of AGM notice and newspaper advertisement9 Sep 2022, 3:20PM Vikas EcoTech - Quaterly Results22 Jul 2022, 5:01PM Vikas EcoTech - Quaterly Results22 Jul 2022, 5:01PM Vikas EcoTech - Quaterly Results22 Jul 2022, 5:01PM Vikas Ecotech bags order worth Rs 36 crore for infrastructure business division13 Jun 2022, 9:28AM

Vikas EcoTech Stock Price Analysis and Quick Research Report. Is Vikas EcoTech an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Vikas EcoTech has a PE ratio of 80.0438596491228 which is high and comparatively overvalued .

  • Share Price: - The current share price of Vikas EcoTech is Rs 3.65. One can use valuation calculators of ticker to know if Vikas EcoTech share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Vikas EcoTech has ROA of 2.77843679210135 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Vikas EcoTech has a Current ratio of 2.1935140653401 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Vikas EcoTech has a ROE of 4.10208031889712 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Vikas EcoTech has a D/E ratio of 0.2596 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Vikas EcoTech has an Inventory turnover ratio of 6.85084272554275 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Vikas EcoTech has reported revenue growth of 60.7948519311248 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Vikas EcoTech for the current financial year is 5.44233736451959 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Vikas EcoTech is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Vikas EcoTech
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