Vikas EcoTech Ltd - Stock Valuation and Financial Performance

BSE: 530961 | NSE: VIKASECO | Chemicals | Small Cap

Vikas EcoTech Share Price

3.29 -0.09 -2.66%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Vikas EcoTech

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Vikas EcoTech stock performance -

mw4me loader
P/E Ratio (SA):
36.85
Market Cap:
581.9 Cr.
52-wk low:
3.1
52-wk high:
5.6

Is Vikas EcoTech Ltd an attractive stock to invest in?

1. Is Vikas EcoTech Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Vikas EcoTech Ltd is a average quality company.

2. Is Vikas EcoTech Ltd undervalued or overvalued?

The key valuation ratios of Vikas EcoTech Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Vikas EcoTech Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Vikas EcoTech Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Vikas EcoTech:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Vikas EcoTech Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 17.5%37.4%23.7%20%13.6%7.6%1.8%7.1%6.8%4.6%-
Value Creation
Index
0.31.70.70.40.0-0.5-0.9-0.5-0.5-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 211307371233245192116250403247275
Sales YoY Gr.-45.6%20.8%-37.3%5.4%-21.6%-39.6%115.5%60.8%-38.8%-
Adj EPS 00.60.80.60.3-0.1-0.300.10.10.1
YoY Gr.-1425%24.6%-25%-42.1%-121.2%NANA400%-50%-
BVPS (₹) 11.632.83.13.22.92.42.52.73.1
Adj Net
Profit
1.824.934.125.615-2.9-14.91.59.56.316
Cash Flow from Ops. -11.6-4.1-22.9-7.3925.812.4-17.991.6119-
Debt/CF from Ops. -5.9-22.6-5.2-19.417.55.612.2-5.20.70.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.8%0.1%28.5%-38.8%
Adj EPS 2.5%-31.4%NA-50%
BVPS11.4%-2.9%-1.7%8%
Share Price -4.2% 9.6% 13.2% -19.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
4.345.434.219.611.1-2.1-110.84.12.13.1
Op. Profit
Mgn %
7.91618.222.212.17.53.99.25.56.84.6
Net Profit
Mgn %
0.98.19.2116.1-1.5-12.80.62.42.65.8
Debt to
Equity
1.61.40.91.11.111.20.40.30.10
Working Cap
Days
178178211409456608926430254288101
Cash Conv.
Cycle
9610512925628839349924415616152

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.10%

Sales growth is growing at healthy rate in last 3 years 28.52%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -0.42%

Latest Financials - Vikas EcoTech Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 0
TTM Sales (₹ Cr.) 275 259
BVPS (₹.) 3.1 3.1
Reserves (₹ Cr.) 372 372
P/BV 1.06 1.06
PE 36.85 84.99
From the Market
52 Week Low / High (₹) 3.05 / 5.63
All Time Low / High (₹) 0.17 / 30.13
Market Cap (₹ Cr.) 582
Equity (₹ Cr.) 176.9
Face Value (₹) 1
Industry PE 57.2

Management X-Ray of Vikas EcoTech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.010.010.000.000.000.000.002.162.160.04
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Vikas EcoTech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales211307371233245192116250403247
Operating Expenses 194258304181216181112228381230
Manufacturing Costs9810110113
Material Costs176237287165199164105217364214
Employee Cost 4354432223
Other Costs 61010111213471310
Operating Profit 1749685230124232217
Operating Profit Margin (%) 7.9%16.0%18.2%22.2%12.0%6.1%3.6%9.1%5.4%6.8%
Other Income 45241475233
Interest 1111131114191819117
Depreciation 3344554444
Exceptional Items 00-160080000
Profit Before Tax 6393641253-132109
Tax 21413151021112
Profit After Tax 4262327151-141107
PAT Margin (%) 1.8%8.3%6.3%11.5%6.1%0.5%-12.4%0.6%2.4%2.7%
Adjusted EPS (₹)0.10.60.50.60.30.0-0.30.00.10.1
Dividend Payout Ratio (%)34%5%6%5%9%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 4266133128142143129227238376
Share Capital 252528282828289495139
Reserves 1741105100114115101133143237
Minority Interest0000000000
Debt6691115139155144145916219
Long Term Debt710852545300
Short Term Debt5981107133130140139876219
Trade Payables31454330602637152726
Others Liabilities 725172033321511178
Total Liabilities 147228308317391345325344343429

Fixed Assets

Gross Block32424344595448485155
Accumulated Depreciation11141517202426283033
Net Fixed Assets21282727403022202122
CWIP 0000000000
Investments 0005020055258
Inventories28385779107110102823536
Trade Receivables751411521391651088113014169
Cash Equivalents 7427914991143
Others Assets1717465865851111008741
Total Assets 147228308317391345325344343429

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -12-4-23-792612-1892119
PBT 6393642253-132109
Adjustment 121433-1617212121139
Changes in Working Capital -29-54-77-21-2245-4069102
Tax Paid -1-3-14-12-11-2-1-1-10
Cash Flow From Investing Activity 4-10-9-22-12600-58-203
Capex -3-10-9-7-131-1-1-514
Net Investments 500-55000-54-203
Others 200-10-44121-14
Cash Flow From Financing Activity 131253111-32-1220-4182
Net Proceeds from Shares 00440000971134
Net Proceeds from Borrowing 6202620021-200
Interest Paid -11-11-13-11-14-19-18-19-10-7
Dividend Paid -1-1-1-1-100000
Others 192224-3-3-12-15-56-31-45
Net Cash Flow 6-221-18-3002-7-1
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)9.247.0723.2920.4611.10.71-10.570.784.12.15
ROCE (%)17.4737.3923.7319.9813.637.591.797.056.824.63
Asset Turnover Ratio1.641.731.450.760.690.520.350.751.170.65
PAT to CFO Conversion(x)-3-0.15-1-0.260.626N/A-189.217
Working Capital Days
Receivable Days106122138225226259297154123153
Inventory Days4337441051382063331345352
Payable Days575955808296109442146

Vikas EcoTech Ltd Stock News

Vikas EcoTech Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vikas EcoTech on 20-Dec-2024 16:59 is ₹3.29.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Vikas EcoTech stood at ₹581.9.
The latest P/E ratio of Vikas EcoTech as of 20-Dec-2024 16:59 is 36.85.
The latest P/B ratio of Vikas EcoTech as of 20-Dec-2024 16:59 is 1.06.
The 52-week high of Vikas EcoTech is ₹5.63 and the 52-week low is ₹3.05.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vikas EcoTech is ₹275.5 ( Cr.) .

About Vikas EcoTech Ltd

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