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Vikas Ecotech Ltd logo

Vikas Ecotech Ltd

NSE: VIKASECO BSE: 530961

₹1.25

(3.85%)

Mon, 25 May 2026, 02:53 pm

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Vikas Ecotech Analysis

dividend

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Pros

  • Dividends per share have increased over the past 10 years.
  • Dividends paid are thoroughly covered by earnings (7.7x coverage).
  • Vikas EcoTech's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
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Cons

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Vikas EcoTech's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

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Pros

  • Vikas EcoTech is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Vikas EcoTech is profitable, therefore cash runway is not a concern.
  • Vikas EcoTech is profitable, therefore cash runway is not a concern.
  • Debt is covered by short term assets, assets are 2x debt.
  • Vikas EcoTech's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (156.8% vs 102.4% today).
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Cons

  • Debt is not well covered by operating cash flow (6.8%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.5x annual interest expense, ideally 3x coverage).
  • Vikas EcoTech's level of debt (102.4%) compared to net worth is high (greater than 40%).
  • High level of physical assets or inventory.

management

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Pros

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    Cons

    • The average tenure for the Vikas EcoTech board of directors is less than 3 years, this suggests a new board.
    • The average tenure for the Vikas EcoTech management team is less than 2 years, this suggests a new team.

    misc

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    Pros

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      Cons

      • Vikas EcoTech is not covered by any analysts.
      • Vikas EcoTech has significant price volatility in the past 3 months.

      past

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      Pros

      • Vikas EcoTech's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
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      Cons

      • Vikas EcoTech's 1-year earnings growth is negative, it can't be compared to the 5-year average.
      • Vikas EcoTech used its assets less efficiently than the IN Chemicals industry average last year based on Return on Assets.
      • Vikas EcoTech's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
      • Vikas EcoTech has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
      • Vikas EcoTech's 1-year earnings growth is negative, it can't be compared to the IN Chemicals industry average.

      value

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      Pros

      • Vikas EcoTech is good value based on assets compared to the IN Chemicals industry average.
      • BSE:530961 is up 73.7% outperforming the Chemicals industry which returned 6.9% over the past month.
      • BSE:530961 is up 73.7% outperforming the market in India which returned 8% over the past month.
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      Cons

      • Vikas EcoTech's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
      • Vikas EcoTech's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
      • Vikas EcoTech is overvalued based on earnings compared to the IN Chemicals industry average.
      • Vikas EcoTech is overvalued based on earnings compared to the India market.
      • 530961 underperformed the Chemicals industry which returned 2.2% over the past year.
      • 530961 underperformed the Market in India which returned -14.5% over the past year.