Vikas EcoTech Limited

Chemicals · Chemicals & Petrochemicals

NSE: VIKASECO BSE: 530961

₹1.03

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Chemicals & Petrochemicals

The largest companies in the same industry by market cap. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Solar Industries India Limited	178,265	137.1	26.5%	47.3%	—	95	7	50
Pidilite Industries Limited	149,114	58.1	22.4%	-0.7%	0.78%	91	0	27
SRF Limited	73,291	38.7	13.1%	-14.9%	0.40%	73	8	14
Linde India Limited	53,925	98.3	12.9%	0.9%	0.06%	74	0	50
Gujarat Fluorochemicals Limited	48,392	69.5	7.3%	18.6%	0.07%	75	0	30
Navin Fluorine International Limited	42,290	74.7	16.7%	78.1%	—	83	33	48
Himadri Speciality Chemical Limited	34,198	43.0	15.9%	51.2%	0.12%	84	25	67
Aether Industries Limited	22,552	123.9	8.9%	125.9%	—	81	0	85

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet. EBITDA = PBT + interest + depreciation.

Enterprise value

Data unavailable.

EV / EBITDA

Data unavailable.

EV / Sales

Data unavailable.

Market cap / Sales

Data unavailable.

Earnings yield

Data unavailable.

Quarterly Financials

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Standalone Consolidated

↑ Positive

Quarterly Revenue

Mar 2026 quarterly revenue is Rs 83 Cr, up 4.5% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
March 31, 2026	82	-3	-1	₹-0.0100
Dec. 31, 2025	50	1	-1	₹-0.0100
Sept. 30, 2025	46	1	1	₹0.0100
June 30, 2025	84	2	2	₹0.0200
March 31, 2025	78	2	2	₹0.0100
Dec. 31, 2024	61	1	-0	₹
Sept. 30, 2024	67	3	2	₹0.0100
June 30, 2024	80	14	10	₹0.0600
March 31, 2024	60	3	2	₹0.0200
Dec. 31, 2023	68	2	1	₹0.0100
Sept. 30, 2023	61	2	2	₹0.0100
June 30, 2023	58	2	2	₹0.0100
March 31, 2023	68	2	2	₹0.0200

Quarterly income statement (standalone, ₹ Cr)

Indicator	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22
Total income (before exceptional items)	83	52	48	85	80	68	94	62	69	60	59	70	112
Operating revenue	82	50	46	84	78	67	80	60	68	61	58	68	111
Other income	1	2	2	1	2	1	14	2	0	-0	1	1	1
Operating expenses	84	50	44	80	75	63	78	57	65	55	54	63	106
Operating profit	-1	0	1	3	3	4	2	3	4	5	4	5	6
Operating profit margin	-1.8%	0.5%	3.1%	3.9%	3.2%	6.2%	2.3%	5.1%	5.4%	9.1%	7.1%	7.3%	5.1%
Depreciation	1	1	1	1	1	1	1	1	1	1	1	3	1
Interest	1	1	1	1	1	1	1	1	1	2	2	1	3
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	-3	1	1	2	2	3	14	3	2	2	2	2	3
Tax	-2	2	0	1	0	1	4	1	0	1	1	1	0
Net profit	—	—	—	2	—	2	—	2	1	2	2	2	3
EPS	-0.01	-0.01	0.01	0.02	0.01	0.01	0.06	0.02	0.01	0.01	0.01	0.02	0.03
Net profit (TTM)	—	—	—	—	—	—	—	7	6	8	10	10	9
EPS (TTM)	0.01	0.03	0.05	0.10	0.10	0.10	0.10	0.05	0.05	0.07	0.11	0.12	0.12

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	262	1	0
March 31, 2025	286	20	14
March 31, 2024	247	9	7
March 31, 2023	403	10	10

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17	Mar 16
Total income (before exceptional items)	-12.9%	17.0%	268^†	—	250^†	406^†	252^†	122^†	199^†	300^†	372^†	373^†	—
Operating revenue	-13.4%	17.6%	262	286	247	403	250^†	116^†	192^†	276^†	367^†	372^†	312^†
Other income	—	—	6^†	—	3^†	3^†	2^†	6^†	7^†	24^†	5^†	1^†	—
Operating expenses	—	—	258^†	—	230^†	381^†	227^†	113^†	181^†	254^†	310^†	295^†	247^†
Operating profit	-45.8%	2.8%	3^†	—	16^†	22^†	23^†	3^†	12^†	21^†	57^†	77^†	65^†
Operating profit margin	—	—	1.3%^†	—	6.6%^†	5.4%^†	9.2%^†	2.6%^†	6.1%^†	7.6%^†	15.5%^†	20.7%^†	21.0%^†
Depreciation	—	—	4^†	—	4^†	5^†	4^†	4^†	5^†	5^†	4^†	4^†	3^†
Interest	—	—	4^†	—	7^†	9^†	19^†	18^†	19^†	16^†	14^†	13^†	11^†
Exceptional items, gain / (loss)	—	—	0^†	—	0^†	0^†	0^†	0^†	8^†	0^†	0^†	-0^†	-0^†
Profit before tax	-51.6%	—	1	20	9	10	2^†	-13^†	3^†	24^†	44^†	36^†	39^†
Tax	—	—	1^†	—	2^†	1^†	1^†	—	2^†	7^†	15^†	—	14^†
Net profit	-76.3%	—	0	14	7	10	1^†	-14^†	1^†	17^†	29^†	23^†	26^†
EPS	-56.3%	—	0.01^†	—	0.05^†	0.12^†	-0.07^†	-0.51^†	—	—	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17	Mar 16
Operating margin	1.3%^†	—	6.6%^†	5.4%^†	9.2%^†	2.6%^†	6.1%^†	7.6%^†	15.5%^†	20.7%^†	21.0%^†
EBIT margin	2.1%^†	—	6.4%^†	4.9%^†	8.5%^†	4.4%^†	11.6%^†	14.6%^†	15.8%^†	13.1%^†	16.2%^†
PBT margin	0.5%	7.1%	3.7%	2.6%	0.8%^†	-11.3%^†	1.5%^†	8.7%^†	11.9%^†	9.6%^†	12.6%^†
Net margin	0.0%	5.0%	2.7%	2.4%	0.5%^†	-12.4%^†	0.5%^†	6.2%^†	7.8%^†	6.2%^†	8.2%^†
Interest coverage	1.28x^†	—	2.38x^†	2.12x^†	1.11x^†	0.28x^†	1.15x^†	2.47x^†	4.02x^†	3.74x^†	4.46x^†
Dividend payout	0.0%^†	—	0.0%^†	0.0%^†	—	—	—	—	—	—	—
Earnings retention	100.0%^†	—	100.0%^†	100.0%^†	—	—	—	—	—	—	—
Current ratio	3.50x	2.33x	—	—	—	—	—	—	—	—	—
Quick ratio	3.14x	2.02x	—	—	—	—	—	—	—	—	—
Debt to equity	0.10x	0.05x	—	—	—	—	—	—	—	—	—
Return on equity	0.0%	3.7%	—	—	—	—	—	—	—	—	—
Return on assets	0.0%	2.9%	—	—	—	—	—	—	—	—	—
Return on capital employed	1.4%^†	—	—	—	—	—	—	—	—	—	—
Asset turnover	0.55x	0.59x	—	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	-112	96	16	3	-115
March 31, 2025	-44	47	-3	4	-47
March 31, 2024	119	-203	82	4	115
March 31, 2023	97	-58	41	5	92
March 31, 2022	-17	0	20	2	-19

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	479	391	252	38	1	307	88	0	21	32
March 31, 2025	486	390	252	19	0	221	95	7	22	29
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.