Vikas EcoTech Limited · CashKonnect

About

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.

Key Metrics

as of Sep 2026

Market Cap189 Cr

P/E115.00

Div Yield0.00 %

Book Value₹2.23

52w High₹2.15

52w Low₹0.95

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	119.15	116.19	68.72	64.72	103.56	102.61	84.76	89.23	101.06	71.73	68.46	60.74	57.70
Expenses	116.74	117.24	66.67	62.04	98.88	98.97	83.38	84.43	98.94	69.08	64.73	55.25	53.63
Operating Profit	2.41	-1.05	2.05	2.68	4.68	3.64	1.38	4.80	2.12	2.65	3.73	5.49	4.07
OPM %	2.02	-0.90	2.98	4.14	4.52	3.55	1.63	5.38	2.10	3.69	5.45	9.04	7.05
Other Income	3.05	1.57	2.43	2.10	1.04	2.78	1.49	1.00	13.78	2.59	0.30	-0.25	1.20
Depreciation	1.12	1.70	1.04	1.36	1.23	1.89	1.39	0.98	1.06	1.08	0.93	0.90	0.87
Interest	1.07	0.72	1.55	1.14	1.18	1.28	1.09	0.88	0.90	0.82	1.45	1.99	2.32
Profit before tax	3.27	-1.90	1.89	2.28	3.31	3.25	0.39	3.94	13.94	3.34	1.65	2.35	2.08
Tax %	38.84	-76.32	129.10	22.81	28.70	-32.31	241.03	27.66	25.54	31.44	24.85	25.11	25.48
Net Profit	2.00	-0.44	-0.55	1.75	2.37	4.30	-0.55	2.85	10.38	2.30	1.23	1.77	1.55
EPS in Rs	0.01	0.00	-0.01	0.01	0.01	0.02	0.00	0.02	0.06	0.02	0.01	0.01	0.01

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Sales	353.00	376.00	259.00	397.00	250.00	252.00	165.00	115.00	62.00
Expenses	345.00	364.00	242.00	375.00	237.00	241.00	153.00	106.00	58.00
Operating Profit	8.00	12.00	16.00	22.00	13.00	11.00	12.00	9.00	4.00
OPM %	2.40	3.30	6.00	6.00	5.00	4.20	7.00	8.00	7.00
Other Income	7.00	19.00	4.00	3.00	3.00	2.00	6.00	2.00	1.00
Interest	5.00	4.00	7.00	11.00	9.00	6.00	5.00	4.00	2.00
Depreciation	5.00	5.00	4.00	4.00	2.00	2.00	2.00	1.00	0.00
Profit before tax	6.00	22.00	9.00	10.00	5.00	4.00	10.00	7.00	3.00
Tax %	44.00	21.00	27.00	9.00	22.00	6.00	1.00	3.00	10.00
Net Profit	3.00	17.00	7.00	10.00	4.00	4.00	10.00	6.00	3.00
EPS in Rs	0.02	0.10	0.05	0.10	0.04	0.04	0.10	0.07	0.05
Dividend Payout %	0.00	0.00	0.00	0.00	14.00	14.00	6.00	16.00	13.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Equity Capital	139.00	139.00	139.00	95.00	10.00	10.00	10.00	10.00	8.00
Reserves	256.00	254.00	238.00	143.00	32.00	28.00	24.00	16.00	6.00
Borrowings	30.00	28.00	19.00	62.00	67.00	54.00	38.00	34.00	19.00
Other Liabilities	88.00	90.00	48.00	43.00	45.00	43.00	26.00	25.00	11.00
Total Liabilities	513.00	512.00	444.00	343.00	154.00	135.00	98.00	85.00	44.00
Fixed Assets	49.00	55.00	54.00	29.00	23.00	20.00	20.00	14.00	9.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	64.00	140.00	228.00	55.00	0.00	0.00	0.00	0.00	0.00
Other Assets	400.00	316.00	161.00	259.00	131.00	115.00	78.00	71.00	35.00
Total Assets	513.00	512.00	444.00	343.00	154.00	135.00	98.00	85.00	44.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Cash from Operating Activity	-113.00	-60.00	120.00	92.00	-8.00	12.00	-6.00	-5.00
Cash from Investing Activity	96.00	46.00	-202.00	-58.00	-1.00	-9.00	-9.00	-5.00
Cash from Financing Activity	17.00	15.00	83.00	-41.00	9.00	-3.00	15.00	10.00
Net Cash Flow	0.00	1.00	0.00	-7.00	0.00	1.00	-1.00	0.00
Free Cash Flow	-112.00	-65.00	115.00	87.00	-10.00	4.00	-12.00	-11.00
CFO/OP %	-1,335.00	-480.00	736.00	421.00	-74.00	100.00	-66.00	-108.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Debtor Days	131.00	108.00	108.00	130.00	116.00	100.00	89.00	98.00	109.00
Inventory Days	47.00	42.00	71.00	35.00	44.00	48.00	58.00	79.00	71.00
Days Payable	59.00	66.00	59.00	27.00	58.00	54.00	42.00	80.00	57.00
Cash Conversion Cycle	118.00	84.00	121.00	138.00	102.00	94.00	105.00	97.00	123.00
Working Capital Days	266.00	136.00	93.00	111.00	38.00	33.00	40.00	52.00	139.00
ROCE %	2.00	3.00	5.00	—	14.00	13.00	19.00	22.00	—

Shareholding Pattern

% holding — latest first

Holder	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Promoters	10.65	10.65	10.65	10.65	10.65	10.65	10.66	10.66	13.57	6.87	6.87	7.85
FIIs	0.00	0.00	0.05	0.05	0.02	0.02	0.00	0.00	0.01	0.01	9.42	15.18
Public	89.34	89.34	89.29	89.29	89.33	89.32	89.33	89.34	86.42	93.12	83.70	76.98
No. of Shareholders	567,693	575,495	592,947	592,947	596,124	579,874	554,511	535,602	501,025	383,102	344,479	275,769

Corporate Actions

23 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Other	23 Sep 2024	—	—	—	Annual General Meeting
Other	22 Sep 2023	—	—	—	Annual General Meeting
Other	21 Sep 2022	—	—	—	Annual General Meeting
Rights	24 Nov 2021	25 Nov 2021	12:25	—
Other	24 Nov 2021	25 Nov 2021	—	—	Right Issue of Equity Shares
Other	17 Sep 2021	—	—	—	Annual General Meeting
Rights	09 Jun 2021	10 Jun 2021	13:10	—
Other	09 Jun 2021	10 Jun 2021	—	—	Right Issue of Equity Shares
Other	21 Sep 2020	—	—	—	Annual General Meeting
Dividend	19 Sep 2019	—	—	0.05
Other	19 Nov 2018	21 Nov 2018	—	—	Spin Off
Other	19 Nov 2018	21 Nov 2018	—	—	Scheme Of Arrangement Of Demerger
Dividend	19 Sep 2018	—	—	0.05
Dividend	20 Sep 2017	—	—	0.05
Dividend	22 Sep 2016	—	—	0.05
Dividend	22 Sep 2015	—	—	0.05
Bonus	13 Nov 2014	15 Nov 2014	3:2	—
Dividend	19 Sep 2014	—	—	0.05
Split	27 Mar 2014	30 Mar 2014	10:1	—
Dividend	19 Sep 2013	—	—	0.50
Dividend	18 Sep 2012	—	—	0.50
Dividend	20 Sep 2011	—	—	1.00
Dividend	23 Aug 2010	—	—	0.50