Vikas EcoTech Limited

BSE: VIKASECO530961ISIN INE806A01020

Commodities
Specialty Chemicals
BSE Commodities

Share price

₹1.02+0.01 (+0.99%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1.92
52W low: ₹0.95
Off 52W high: -46.87%
1M return: -0.97%
3M return: -8.11%
6M return: -26.62%
1Y return: -46.32%
20D avg volume: 3,56,077
50 DMA: ₹1.04
200 DMA: ₹1.25

Key ratios Consolidated

Market cap: ₹180.41 Cr
Current price: ₹1.02
52W high / low: ₹1.92 / ₹0.95
Face value: ₹1.00
P/E: 65.25
P/B: —
EPS (TTM): ₹0.02
Book value / share: —
ROE: —
ROCE: 2.40%
Operating margin: —
Net margin: —
Debt / equity: 0.07
Net debt: ₹29.26 Cr
Interest cover: 2.22
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 119.6 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	119.15	116.19	68.72	64.72	103.56	102.61	84.76	89.23	101.06	—
	3.05	1.57	2.43	2.10	1.04	2.78	1.49	1.00	13.78	—
	122.20	117.76	71.15	66.82	104.60	105.39	86.26	90.23	114.84	—
	118.94	119.65	69.26	64.55	101.28	102.14	85.87	86.28	100.89	—
	78.24	58.45	41.30	30.33	46.20	50.42	44.84	51.73	45.18	—
	34.98	50.34	20.42	22.88	49.14	45.47	36.01	28.82	43.82	—
	1.51	1.50	1.64	1.29	1.47	1.14	1.69	1.34	1.28	—
	1.07	0.72	0.00	1.36	1.18	1.28	1.40	0.88	0.90	—
	1.12	1.70	0.00	1.14	1.23	1.89	1.09	0.98	1.06	—
	3.89	6.78	6.61	2.83	2.81	3.29	—	3.71	6.44	—
	3.26	-1.90	1.90	2.27	3.32	3.25	0.39	3.95	13.94	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	3.26	-1.90	1.90	2.27	3.32	3.25	0.39	3.95	13.94	—
	1.26	-1.66	2.44	0.52	0.95	1.01	0.94	1.09	3.56	—
	2.00	-0.44	-0.54	1.75	2.37	4.30	-0.55	2.85	10.38	—
	0.01	0.00	0.00	0.01	0.02	0.03	—	0.01	0.07	—
Key metrics
	5.45	0.52	1.90	4.77	5.73	6.42	2.88	5.81	15.90	—
	4.60%	0.40%	2.80%	7.40%	5.50%	6.30%	3.40%	6.50%	15.70%	—
	1.70%	-0.40%	-0.80%	2.70%	2.30%	4.20%	-0.60%	3.20%	10.30%	—
	—	-0.30%	—	0.80%	—	1.10%	—	—	—	—
	15.10%	13.20%	-18.90%	-27.50%	2.50%	—	—	—	—	—
	-15.60%	-110.20%	1.80%	-38.60%	-77.20%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	368.78	353.18	377.67	—
	9.15	7.15	6.18	—
	377.93	360.33	383.85	—
	372.40	354.74	375.19	—
	208.32	176.28	192.17	—
	128.62	142.78	154.12	—
	5.94	5.89	5.45	—
	3.15	4.58	4.15	—
	3.96	5.32	5.32	—
	20.11	16.45	16.83	—
	5.53	5.59	8.66	—
	0.00	0.00	12.87	—
	5.53	5.59	21.53	—
	2.56	1.63	4.17	—
	2.77	3.14	16.98	—
	0.02	0.02	0.10	—
Key metrics
	12.64	15.49	31.00	—
	3.43%	4.40%	8.20%	—
	0.75%	0.90%	4.50%	—
	—	2.40%	6.50%	—
	-2.99%	-6.50%	—	—
	-69.12%	-81.50%	—	—
	—	-117.09	-60.35	—
	—	-36.06	-3.55	—
	—	0.07	0.07	—
	—	29.26	24.73	—
	—	119.6	88.9	—
Balance sheet
	—	512.56	512.66	—
	—	356.27	266.15	—
	—	0.16	3.05	—
	—	126.58	114.76	—
	—	41.28	39.61	—
	—	33.33	42.49	—
	—	32.93	34.52	—
	—	52.18	62.44	—
	—	94.49	117.45	—
	—	29.42	27.78	—
	—	28.54	27.54	—
	—	0.88	0.24	—
	—	416.71	393.27	—
Cash flow
	—	-113.24	-60.35	—
	—	95.98	45.66	—
	—	16.81	15.33	—
	—	3.85	0.00	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	86.11	82.05	50.06	45.92	83.61	77.54	60.97	67.34	79.97	—
	3.04	1.14	2.33	1.77	0.95	2.06	1.39	0.79	13.68	—
	89.15	83.19	52.39	47.70	84.56	79.61	62.36	68.13	93.64	—
	88.55	86.05	51.87	46.50	82.22	77.12	61.51	64.94	80.01	—
	42.92	27.85	27.91	22.44	28.80	32.31	28.11	31.89	29.23	—
	40.42	48.06	17.81	17.42	49.14	39.09	29.69	26.87	43.30	—
	1.19	1.18	1.25	1.03	1.04	1.09	1.16	0.95	0.88	—
	0.80	1.49	0.96	0.94	0.89	0.96	0.99	0.85	0.89	—
	0.90	1.06	1.11	1.08	0.96	1.13	0.82	0.95	0.97	—
	3.21	5.77	2.79	2.38	2.12	4.25	—	2.26	5.17	—
	0.60	-2.86	0.52	1.19	2.34	2.49	0.85	3.19	13.63	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.60	-2.86	0.52	1.19	2.34	2.49	0.85	3.19	13.63	—
	0.57	1.96	1.76	0.43	0.64	0.48	1.04	0.77	3.97	—
	0.04	-1.10	-1.24	0.77	1.70	1.98	-0.19	2.42	10.07	—
	0.00	0.01	-0.01	0.01	0.02	0.01	—	0.01	0.06	—
Key metrics
	2.30	-0.31	2.59	3.21	4.19	4.58	2.66	4.99	15.49	—
	2.70%	-0.40%	5.20%	7.00%	5.00%	5.90%	4.40%	7.40%	19.40%	—
	0.00%	-1.30%	-2.50%	1.70%	2.00%	2.60%	-0.30%	3.60%	12.60%	—
	—	-0.30%	—	0.50%	—	0.90%	—	—	—	—
	3.00%	5.80%	-17.90%	-31.80%	4.60%	—	—	—	—	—
	-97.60%	-155.60%	-552.60%	-68.20%	-83.10%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	264.14	261.63	285.82	—
	8.28	6.19	5.06	—
	272.43	267.83	290.88	—
	272.97	266.64	283.57	—
	121.12	107.00	121.54	—
	123.71	132.43	138.94	—
	4.65	4.50	4.08	—
	4.19	4.28	3.53	—
	4.15	4.21	4.04	—
	14.15	13.05	13.62	—
	-0.55	1.19	7.30	—
	0.00	0.00	12.87	—
	-0.55	1.19	20.17	—
	4.72	0.44	5.51	—
	-1.53	0.13	14.28	—
	0.01	0.00	0.09	—
Key metrics
	7.79	9.68	27.74	—
	2.95%	3.70%	9.70%	—
	-0.58%	0.00%	5.00%	—
	—	1.40%	6.10%	—
	-8.75%	-8.50%	—	—
	-125.89%	-99.10%	—	—
	—	-115.02	-47.24	—
	—	-857.85	-3.05	—
	—	0.10	0.05	—
	—	38.83	12.54	—
	—	143.1	-22.4	—
Balance sheet
	—	479.30	486.05	—
	—	306.51	221.10	—
	—	0.09	6.58	—
	—	108.86	3.05	—
	—	31.99	28.80	—
	—	13.56	34.32	—
	—	21.47	22.30	—
	—	38.27	49.43	—
	—	87.50	95.00	—
	—	38.92	19.12	—
	—	38.04	19.00	—
	—	0.88	0.12	—
	—	390.55	390.40	—
Cash flow
	—	-111.52	-43.53	—
	—	95.63	47.04	—
	—	15.55	-3.36	—
	—	3.50	3.71	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -8.75%
Profit YoY (TTM): -125.89%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -2.99%
Profit YoY (TTM): -69.12%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 10.65%

Quarter	September 2026	June 2026
Promoter %	10.65%	10.65%

Holder	Type	Holding	Previous	Change
VIKAS GARG	Promoter	10.10%	10.10%	0.00%
J B ROLLING MILLS LIMITED	Public	4.18%	4.18%	0.00%
J B ISPAT PRIVATE LIMITED	Public	2.09%	2.09%	0.00%
JRM STEELS PRIVATE LIMITED	Public	1.93%	1.93%	0.00%
ASHOK KUMAR BANSAL	Public	1.79%	1.79%	0.00%
MITHLESH RANI BANSAL	Public	1.57%	1.57%	0.00%
NIKITA GREENTECH RECYCLING LIMITED	Public	1.41%	1.41%	0.00%
SUDHIR KUMAR BANSAL	Public	1.41%	1.41%	0.00%
SUKRITI GARG	Promoter Group	0.25%	0.25%	0.00%
VIKAS LIFECARE LIMITED	Promoter Group	0.23%	0.23%	0.00%
USHA GARG	Promoter Group	0.03%	0.03%	0.00%
VIKAS GARG HUF	Promoter Group	0.03%	0.03%	0.00%
NAND KISHORE GARG	Promoter Group	0.01%	0.01%	0.00%
SEEMA GARG	Promoter Group	0.00%	0.00%	0.00%
NAND KISHORE GARG & SONS	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Pidilite Industries Ltd.	1,53,494	1,507.00	56.47	28.50%	+16.83% TTM	+20.94% TTM	+3.57%
Gujarat Fluorochemicals Limited	50,673	4,612.90	75.63	10.10%	+20.33% TTM	-1.47% TTM	+25.63%
Navin Fluorine International Limited	45,075	8,785.00	49.50	18.70%	+45.68% TTM	+105.04% TTM	+45.12%
Deepak Nitrite Limited	21,559	1,580.65	20.29	10.80%	+23.80% TTM	+99.83% TTM	-9.73%
Aether Industries Limited	20,478	1,542.85	82.16	12.20%	+30.76% TTM	+28.03% TTM	+103.85%
Aarti Industries Ltd	16,311	449.65	27.46	8.50%	+39.85% TTM	+104.40% TTM	+16.66%
Fine Organic Industries Limited	15,720	5,127.35	38.71	20.20%	+12.92% TTM	+18.80% TTM	+16.19%
Atul Limited.	15,177	5,155.00	19.28	13.50%	+18.15% TTM	+40.10% TTM	-12.49%
Anupam Rasayan India Limited	13,029	1,144.40	57.92	7.50%	+51.76% TTM	+14.65% TTM	+6.58%
PRIVI SPECIALITY CHEMICALS LIMITED	12,825	3,283.30	34.73	25.10%	+17.54% TTM	+44.15% TTM	+10.09%
BASF India Ltd	12,812	2,959.95	21.44	13.10%	+13.35% TTM	+59.30% TTM	-33.46%
Sudeep Pharma Limited	12,657	1,120.60	67.10	24.20%	—	—	—
Vinati Organics Ltd.	10,334	996.85	25.09	17.70%	+10.98% TTM	-5.48% TTM	-39.90%
Elantas Beck India Ltd S	10,127	12,774.65	54.20	—	+18.86% TTM	+35.25% TTM	+29.29%
Jubilant Ingrevia Limited	8,957	562.35	25.55	10.80%	+15.41% TTM	+21.73% TTM	-18.43%
Alkyl Amines Chemicals Ltd. S	8,108	1,585.25	32.77	14.60%	+13.38% TTM	+35.83% TTM	-13.31%
Galaxy Surfactants Limited	8,048	2,269.80	22.75	12.70%	+27.05% TTM	+16.13% TTM	+0.01%
Clean Science and Technology Limited	6,979	656.60	29.92	19.20%	+4.51% TTM	-12.06% TTM	-33.34%
Neogen Chemicals Limited	6,815	2,268.40	168.60	6.80%	+26.66% TTM	+55.16% TTM	+54.05%
Fineotex Chemical Limited	6,221	53.42	41.98	16.20%	+91.44% TTM	+41.07% TTM	+84.27%
Balaji Amines Ltd.	5,738	1,770.80	23.80	10.20%	+20.91% TTM	+66.05% TTM	+26.00%
Archean Chemical Industries Limited	5,291	428.60	54.04	7.80%	+5.99% TTM	-42.66% TTM	-34.05%
Prasol Chemicals Limited	4,594	776.20	—	—	—	—	—
Laxmi Organic Industries Limited	4,501	161.95	35.81	4.40%	+5.47% TTM	+25.01% TTM	-17.12%
Foseco India Ltd S	4,494	5,962.25	57.00	—	+10.33% TTM	-3.71% TTM	+5.42%
Vikas EcoTech Limited	180	1.02	65.25	2.40%	-2.99% TTM	-69.12% TTM	-46.32%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 202613 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of trading window26 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of approval for extension of time for holding Annual General Meeting (AGM) for the financial year ended March 31, 202617 Sep 2026 · Others
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 Intimation regarding application for extension of AGM8 Sep 2026 · Company Update / General
Result of Board Meeting held on August 26, 202626 Aug 2026 · Result / Financial Results
Outcome of Board Meeting held on August 26, 202626 Aug 2026 · Board Meeting / Outcome of Board Meeting
Vikas Ecotech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/08/2026 ,inter alia, to consider and approve Intimation of Board Meeting to ....21 Aug 2026 · Board Meeting / Board Meeting
Appointment of Auditor19 Aug 2026 · Company Update / General
Appointment of Statutory Auditor17 Aug 2026 · Company Update / Appointment of Statutory Auditor/s
Outcome of Board Meeting held on Monday, August 17, 202617 Aug 2026 · Others / Outcome without intimation
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 201515 Jul 2026 · Company Update / General
Outcome of Board Meeting held on July 1, 202611 Jul 2026 · Result / Financial Results
Compliance Certificate under Reg 74(5) of SEBI (DP) Regulations, 20188 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Newspaper Advertisement of Audited Financial Results of the Company for the Quarter and Financial Year ended March 31, 20263 Jul 2026 · Company Update / Newspaper Publication
Outcome of Board Meeting held on July 1, 20261 Jul 2026 · Result / Financial Results
Outcome of Board Meeting held on July 1, 20261 Jul 2026 · Board Meeting / Outcome of Board Meeting
Vikas Ecotech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/07/2026 ,inter alia, to consider and approve Intimation of Board Meeting to ....27 Jun 2026 · Board Meeting / Board Meeting
Closure of trading window27 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 201523 Jun 2026 · Company Update / General
Annual Secretarial Compliance Report for the year ended March 31,2026 as per Regulation 24A of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 ('Listing Regulation')28 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 Receipt of Income Tax Demand Order(s)14 Apr 2026 · Company Update / General
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter and year ended March 31, 20264 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....4 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Intimation of Trading Window closure27 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Website Temporarily Taken Offline for Preventive Technical Review7 Feb 2026 · Company Update / Press Release / Media Release
Newspaper Advertisement of Un-Audited Financial Results of the Company for the Quarter ended December 31, 20257 Feb 2026 · Company Update / Newspaper Publication
Sub: Outcome of Board Meeting held on Thursday, February 05, 2026 Ref: Unaudited Financial Results for the quarter ended December 31, 20255 Feb 2026 · Result / Financial Results
Sub: Outcome of Board Meeting held on Thursday, February 05, 2026 Ref: Unaudited Financial Results for the quarter ended December 31, 20255 Feb 2026 · Board Meeting / Outcome of Board Meeting
Vikas Ecotech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/02/2026 ,inter alia, to consider and approve Intimation of Board Meeting to ....30 Jan 2026 · Board Meeting / Board Meeting
Website Temporarily Taken Offline for Preventive Technical Review21 Jan 2026 · Company Update / Press Release / Media Release
Compliances certificate under Reg 74 (5) of SEBI (DP) Regulations, 201812 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Media Release29 Dec 2025 · Company Update / General
Intimation of Trading Window closure28 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Disclosure under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.20 Dec 2025 · Company Update / General
Newspaper Advertisement of Un-Audited Financial Results of the Company for the Quarter ended September 30, 202517 Nov 2025 · Company Update / Newspaper Publication
Result Outcome of Board Meeting held on Friday, November 14, 202514 Nov 2025 · Result / Financial Results
Outcome of Board Meeting held on Friday, November 14, 202514 Nov 2025 · Board Meeting / Outcome of Board Meeting
Intimation under Regulation 30 of the SEBI (LODR) Regulations, 201513 Nov 2025 · Company Update / General
Vikas Ecotech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2025 ,inter alia, to consider and approve Board Meeting to be held on November ....11 Nov 2025 · Board Meeting / Board Meeting
Compliance Certificate under Reg 74(5) of SEBI (DP) Regulations, 201813 Oct 2025 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Board meetings

26 Aug 2026 Board Meeting - Financial Results