VIKASECO

Vikas Ecotech Share Price

₹3.65
-0.03 (-0.82%)
18 September, 2024 02:43 BSE: 530961 NSE: VIKASECO ISIN: INE806A01020

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Vikas Ecotech Performance

Day Range

  • Low 4
  • High 4
₹ 3

52 Week Range

  • Low 3
  • High 6
₹ 3
  • Open Price4
  • Previous Close4
  • Volume5472020

Vikas Ecotech Chart

  • Over 1 Month -3.95%
  • Over 3 Month -3.18%
  • Over 6 Month -1.35%
  • Over 1 Year -14.12%

Vikas Ecotech Key Statistics

P/E Ratio 42.7
PEG Ratio 0.7
Market Cap Cr
Price to Book Ratio 1.7
EPS 0
Dividend 0
Relative Strength Index 39
Money Flow Index 25.47
MACD Signal -0.03
Average True Range 0.09

Vikas Ecotech Investment Rating

  • Master Rating:
  • Vikas Ecotech has an operating revenue of Rs. 297.04 Cr. on a trailing 12-month basis. An annual revenue de-growth of -38% needs improvement, Pre-tax margin of 4% needs improvement, ROE of 1% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 57 which is a POOR score indicating inconsistency in earnings, a RS Rating of 16 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 95 indicates it belongs to a poor industry group of Chemicals-Specialty and a Master Score of D is close to being the worst. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Vikas Ecotech Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 806068615868
Operating Expenses Qtr Cr 785765555463
Operating Profit Qtr Cr 234545
Depreciation Qtr Cr 111111
Interest Qtr Cr 111223
Tax Qtr Cr 410111
Net Profit Qtr Cr 1021222
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 250406
Operating Expenses Annual Cr 230381
Operating Profit Annual in Cr 1622
Depreciation Cr 44
Interest Annual Cr 711
Tax Annual Cr 21
Net Profit Annual Cr 710
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 11997
Cash from Investing Activity Annual Cr -203-58
Cash from Financing Annual Activity Cr 82-41
Net Cash Flow Annual Cr -1-3
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 376238
Fixed Assets Annual Cr 2929
Total Non Current Assets Annual Cr 314114
Total Current Assets Annual Cr 116229
Total Assets Annual Cr 430343
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 33
ROE Annual % 24
ROCE Annual % 49
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 86
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1017258
Operating Expenses Qtr Cr 996954
Operating Profit Qtr Cr 234
Depreciation Qtr Cr 112
Interest Qtr Cr 111
Tax Qtr Cr 411
Net Profit Qtr Cr 1022
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 262
Operating Expenses Annual Cr 243
Operating Profit Annual in Cr 16
Depreciation Cr 4
Interest Annual Cr 7
Tax Annual Cr 3
Net Profit Annual Cr 7
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 120
Cash from Investing Activity Annual Cr -203
Cash from Financing Annual Activity Cr 83
Net Cash Flow Annual Cr 0
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 376
Fixed Assets Annual Cr 41
Total Non Current Assets Annual Cr 309
Total Current Assets Annual Cr 134
Total Assets Annual Cr 444
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 3
ROE Annual % 2
ROCE Annual % 4
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 8

Vikas Ecotech Technicals

EMA & SMA

Current Price
₹3.65
-0.03 (-0.82%)
pointer
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹3.74
  • 50 Day
  • ₹3.79
  • 100 Day
  • ₹3.83
  • 200 Day
  • ₹3.82
  • 20 Day
  • ₹3.77
  • 50 Day
  • ₹3.80
  • 100 Day
  • ₹3.82
  • 200 Day
  • ₹3.94

Vikas Ecotech Resistance and Support

PIVOT
₹3.67
Resistance
First Resistance 3.69
Second Resistance 3.74
Third Resistance 3.76
RSI 39.00
MFI 25.47
MACD Single Line -0.03
MACD -0.04
Support
First Support 3.62
Second Support 3.60
Third Supoort 3.55

Vikas Ecotech Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 6,916,546 384,075,799 55.53
Week 8,077,919 468,357,755 57.98
1 Month 10,568,704 565,108,605 53.47
6 Month 14,113,412 706,235,138 50.04

Vikas Ecotech Result Highlights

Vikas Ecotech Synopsis

NSE-Chemicals-Specialty

Vikas Ecotech L belongs to the Industry of Rubber Processing/Rubber Products. Company’s Total Operating Revenue is Rs. 402.67 Cr. and Equity Capital is Rs. 94.86 Cr. for the Year ended 31/03/2023. Vikas Ecotech Ltd. is a Public Limited Listed company incorporated on 30/11/1984 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L65999DL1984PLC019465 and registration number is 019465.
Market Cap 651
Sales 269
Shares in Float 157.41
No of funds 2
Yield 1.15
Book Value 1.36
U/D Vol ratio 0.9
LTDebt / Equity
Alpha -0.13
Beta 0.97

Vikas Ecotech Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 10.66%13.58%6.87%6.87%
Foreign Portfolio Investors 0.01%0.01%9.42%
Financial Institutions/ Banks
Individual Investors 73.72%80.27%86.28%74.05%
Others 15.62%6.14%6.84%9.66%

Vikas Ecotech Management

Name Designation
Dr. Vikas Garg Managing Director
Mr. Balwant Kumar Bhushan Director & CEO
Mr. Rajeev Kumar Executive Director
Dr. Gyan Prakash Govil Independent Director
Ms. Kratika Godika Independent Director
Dr. Ravi Kumar Gupta Independent Director

Vikas Ecotech Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Vikas Ecotech Corporate Action

Date Purpose Remarks
2024-07-31 Quarterly Results
2024-05-22 Audited Results
2024-03-16 Others General Purpose alia, To consider and finalise the fund-raising programme, to augment long-term resources of the Company, upto Rs. 100 Crores.
2024-02-09 Quarterly Results
2023-11-08 Quarterly Results

Vikas Ecotech MF Shareholding

Name Amount(cr)

About Vikas Ecotech

Under the name "Vikas Global One," Vikas EcoTech Limited (VEL) was founded in 1984 under the direction of Mr. Vikas Garg. VEL is an ISO 9001:2015 certified company that produces specialty polymer compounds & specialty chemicals additives used by the footwear, electrical, & packaging industries, among others. With an installed capacity of about 56,000 MT, its manufacturing facility is situated in Rajasthan. The company started trading TMT bars, steel, HR coils, & CR coils in FY22. In addition, the company established a facility in Ghaziabad to produce MS sockets & began trading coal during FY23. VEL is a multi-specialty, integrated product solutions company that produces additives & rubber-plastic compounds that are environmentally beneficial. These are necessary components for creating a wide variety of products that are both safety-critical & environmentally neutral.

In addition, VEL deals in TMT bars, steel, HR coils, CR coils, ERW pipes, & coal in addition to producing a range of high-end specialty chemical goods.
The only producer of Organotin (heat stabilizers for vinyl applications) in India is this company.

Vikas EcoTech Limited - Overview of the Product

a) Specialty additives: polymers (ESBO & chlorinated paraffin), flame retardants, chlorinated polyethylene, organotin stabilizers, & dimethyl tin dichloride.
b) Polymer Compounds: Ethylene Vinyl Acetate (EVA), Thermoplastic Rubber (TPR), & Thermoplastic Elastomer (TPE).
c) Materials that have been recycled include polyethylene terephthalate (PET) & poly vinyl chloride (PVC) compounds.
d) Traded Products: Aceox, Cellcom, PE Wax, PVC Resin, Titanium Dioxide, Methanol, Carbon Black, Styrene a Butadiene, Styrene Ethylene, Processing Aids, & Impact Modifiers.
 

Vikas Ecotech FAQs

What is Share Price of Vikas Ecotech ?

Vikas Ecotech share price is ₹3 As on 18 September, 2024 | 02:29

What is the Market Cap of Vikas Ecotech ?

The Market Cap of Vikas Ecotech is ₹645.6 Cr As on 18 September, 2024 | 02:29

What is the P/E ratio of Vikas Ecotech ?

The P/E ratio of Vikas Ecotech is 42.7 As on 18 September, 2024 | 02:29

What is the PB ratio of Vikas Ecotech ?

The PB ratio of Vikas Ecotech is 1.7 As on 18 September, 2024 | 02:29

What are most important metrics that can help to analyse share price of Vikas Ecotech Ltd ?

Important metrics for analyzing Vikas Ecotech Ltd's share price include:
 
1. P/E Ratio (78.3): Indicates valuation relative to earnings.
2. ROE (2.15%): Reflects profitability & efficient use of equity.
3. Debt to Equity (0.05): Shows the company's low debt level, implying financial stability.

How can you buy shares from Vikas Ecotech Ltd ?

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