Vikas Ecotech Ltd
Incorporated in 1984, Vikas Ecotech Ltd
is in the business of high-end specialty chemicals[1]
- Market Cap ₹ 683 Cr.
- Current Price ₹ 3.87
- High / Low ₹ 5.65 / 2.80
- Stock P/E 99.7
- Book Value ₹ 2.71
- Dividend Yield 0.00 %
- ROCE %
- ROE 2.23 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 10.7%
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Diversified Industry: Diversified - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
62 | 115 | 165 | 252 | 250 | 403 | 259 | |
58 | 106 | 153 | 241 | 237 | 381 | 243 | |
Operating Profit | 4 | 9 | 12 | 11 | 13 | 22 | 16 |
OPM % | 7% | 8% | 7% | 4% | 5% | 5% | 6% |
1 | 2 | 6 | 2 | 3 | 3 | 4 | |
Interest | 2 | 4 | 5 | 6 | 9 | 10 | 7 |
Depreciation | 0 | 1 | 2 | 2 | 2 | 4 | 4 |
Profit before tax | 3 | 7 | 10 | 4 | 5 | 10 | 9 |
Tax % | 10% | 3% | 1% | 6% | 22% | 9% | 27% |
3 | 6 | 10 | 4 | 4 | 10 | 7 | |
EPS in Rs | 0.05 | 0.07 | 0.10 | 0.04 | 0.04 | 0.10 | 0.05 |
Dividend Payout % | 13% | 16% | 6% | 14% | 14% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | % |
3 Years: | % |
TTM: | -36% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | % |
3 Years: | % |
TTM: | -28% |
Stock Price CAGR | |
---|---|
10 Years: | -4% |
5 Years: | -2% |
3 Years: | 29% |
1 Year: | 21% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 8 | 10 | 10 | 10 | 10 | 95 | 139 |
Reserves | 6 | 16 | 24 | 28 | 32 | 143 | 238 |
19 | 34 | 38 | 54 | 67 | 62 | 19 | |
11 | 25 | 26 | 43 | 45 | 43 | 48 | |
Total Liabilities | 44 | 85 | 98 | 135 | 154 | 343 | 444 |
9 | 14 | 20 | 20 | 23 | 29 | 54 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 55 | 228 |
35 | 71 | 78 | 115 | 131 | 259 | 161 | |
Total Assets | 44 | 85 | 98 | 135 | 154 | 343 | 444 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
-5 | -6 | 12 | -8 | 92 | 120 | ||
-5 | -9 | -9 | -1 | -58 | -203 | ||
10 | 15 | -3 | 9 | -41 | 83 | ||
Net Cash Flow | -0 | -1 | 1 | -0 | -7 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 109 | 98 | 89 | 100 | 116 | 128 | 108 |
Inventory Days | 71 | 79 | 58 | 48 | 44 | 35 | 71 |
Days Payable | 57 | 80 | 42 | 54 | 58 | 27 | 59 |
Cash Conversion Cycle | 123 | 97 | 105 | 94 | 102 | 136 | 121 |
Working Capital Days | 139 | 142 | 108 | 101 | 121 | 165 | 120 |
ROCE % | 22% | 19% | 13% | 14% |
Documents
Announcements
- Closure of Trading Window 29 Jun
- Statement Of Deviation Or Variation In The Use Of Proceeds Of Preferential Issue For The Quarter Ended March 31, 2024 12 Jun
- Intimation Of Submission Of Application Under Regulation 31A Of The SEBI (LODR) Regulations, 2015, For Reclassification Of Certain Persons Forming Part Of 'Promoter/Promoter Group' Category To 'Public' Category. 6 Jun
- Compliances-Reg.24(A)-Annual Secretarial Compliance 30 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Compliance report for the year ended March 31, 2024
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2009
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Financial Year 2008
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Business Overview:[1][2]
VEL is an integrated, multi-specialty product solutions company that manufactures eco-friendly rubber-plastic compounds and additives. These are essential ingredients in producing a diverse range of environmentally neutral and safety-critical products. Additionally, VEL produces a variety of high-end specialty chemical products and trades in TMT bars, steel, HR coils, CR coils, ERW pipes, and coal.