GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
V

Vikas Ecotech VIKASECO.NS · INR

Materials · NSE · 🇮🇳 India

Compare

1.03

0.00%

Close of 9 Nov 2026, in INR

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹3.53bn

FY2017FY2026

Net income

₹16.7m

FY2017FY2026

Free cash flow

−₹1.16bn

FY2017FY2026

Shareholders' equity

₹3.95bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹3.53bn₹3.78bn₹2.59bn₹4.03bn₹2.50bn₹1.16bn₹1.92bn₹2.45bn₹3.61bn₹3.71bn
Gross profit₹194.7m₹234.6m₹239.5m₹387.2m₹116.8m₹112.6m₹282.8m₹354.1m₹757.8m₹820.3m
Research and development—₹3.2m₹3.2m₹320,000₹320,000———₹432,000₹432,000
Operating income₹30.3m₹66.3m₹156.1m₹189.3m₹211.8m₹5.4m₹96.4m₹372.3m₹534.9m₹640.1m
Net income₹16.7m₹169.8m₹68.5m₹95.3m₹13.9m−₹143.5m₹10.2m₹163.8m₹286.1m₹231.7m
Diluted earnings per share0.010.100.040.070.01-0.170.020.390.790.52

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹5.13bn₹5.13bn₹4.44bn₹3.43bn₹3.44bn₹3.26bn₹3.45bn₹3.89bn₹3.98bn₹3.05bn
Cash and short-term investments₹44.5m₹48.9m₹13.7m₹55.4m₹110.4m₹3.2m₹1.0m₹4.5m₹31.0m₹193.2m
Total liabilities₹958.5m₹1.19bn₹671.6m₹1.05bn₹1.17bn₹1.97bn₹2.02bn₹2.46bn₹2.38bn₹1.74bn
Debt₹297.2m₹284.4m₹192.9m₹617.8m₹929.5m₹1.51bn₹1.47bn₹1.58bn₹1.41bn₹1.11bn
Shareholders' equity₹3.95bn₹3.93bn₹3.76bn₹2.38bn₹2.28bn₹1.29bn₹1.43bn₹1.43bn₹1.60bn₹1.31bn
Shares outstanding1,769m1,769m1,769m1,388m947m857m451m420m363m446m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations−₹1.12bn−₹602.1m₹1.20bn₹966.0m−₹178.5m₹124.4m₹257.8m₹106.1m−₹188.5m−₹199.6m
Capital spending−₹38.5m−₹51.4m−₹46.7m−₹50.1m−₹17.1m−₹10.6m−₹2.5m−₹176.8m−₹116.3m−₹96.2m
Free cash flow−₹1.16bn−₹653.5m₹1.15bn₹915.9m−₹195.6m₹113.8m₹255.3m−₹70.7m−₹304.9m−₹295.8m
Dividends paid———−₹311.7m———−₹14.0m−₹14.0m−₹12.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹1.19bn₹1.16bn₹687.2m₹647.2m₹1.04bn₹1.03bn₹847.6m₹892.3m
Gross profit₹51.7m₹40.3m₹50.4m₹67.9m₹89.5m₹50.4m₹64.6m₹98.4m
Operating income₹12.8m−₹27.5m₹25.6m₹34.1m₹34.5m₹30.4m₹14.8m₹48.2m
Net income₹10.6m−₹8.0m−₹16.6m₹17.5m₹23.7m₹43.0m−₹5.5m₹28.5m
Diluted earnings per share0.01-0.00-0.010.010.010.02-0.000.02
Cash from operations———−₹128.0m—−₹603.0m—−₹388.0m
Capital spending———−₹23.0m—−₹51.0m—−₹31.0m
Free cash flow———−₹151.0m—−₹654.0m—−₹419.0m
Total assets—₹5.13bn—₹4.86bn—₹5.13bn—₹6.58bn
Cash and short-term investments₹44.5m₹44.5m₹28.9m₹524.3m₹48.9m₹48.9m₹37.8m₹52.8m
Debt—₹296.3m—₹376.2m—₹284.4m—₹306.3m
Shareholders' equity₹4.17bn₹3.95bn₹3.97bn₹3.97bn₹3.93bn₹3.93bn₹5.49bn₹5.49bn

Financial ratios

Data as of 26 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2018FY2017
Gross margin5.5%6.2%9.2%9.6%4.7%9.7%——
Operating margin0.9%6.8%6.0%4.6%8.5%4.4%——
Net margin0.5%4.5%2.6%2.4%0.6%-12.4%——
Return on equity0.4%4.3%1.8%4.0%0.6%-11.2%——
Return on assets0.3%3.3%1.5%2.8%0.4%-4.4%——
Free cash flow yield-61.9%-31.5%71.2%73.9%-17.2%15.9%——
Revenue growth-6.5%45.6%-35.6%60.9%115.5%-39.6%——
Earnings growth-90.2%148.1%-28.1%584.2%-109.7%-1509.4%——
Current ratio3.77x2.27x2.09x2.19x2.45x1.36x——
Debt to equity0.08x0.07x0.05x0.26x0.41x1.18x——
Equity ratio77.1%76.7%84.9%69.5%66.1%39.5%——
Interest coverage0.66x6.19x2.37x1.74x1.11x0.28x——
R&D as a share of sales—0.1%0.1%0.0%0.0%—0.0%0.0%
Buybacks as a share of market value0.0%0.0%-27.4%-46.6%-10.5%-89.9%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-4.3%24.9%1.4%
Operating income-45.7%41.2%-21.9%
Net income-44.1%—-23.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin5.9%7.6%7.3%12.6%
Operating margin1.3%3.2%3.7%8.2%
Net margin2.6%2.5%1.3%3.6%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings110.317.782.253.2234.6-17.3109.44.79.426.4
Price to sales0.50.82.21.31.32.10.60.30.71.6

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 19 Sept 2019.

FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013
Paid in the year0.0310.0310.0310.0310.0310.020.020.02
  • 5-for-2 split · 13 Nov 2014
  • 10-for-1 split · 27 Mar 2014

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.