Vikas Ecotech Ltd
Incorporated in 1984, Vikas Ecotech Ltd
is in the business of high-end specialty chemicals[1]
- Market Cap ₹ 525 Cr.
- Current Price ₹ 3.80
- High / Low ₹ 5.65 / 2.80
- Stock P/E 160
- Book Value ₹ 0.49
- Dividend Yield 0.00 %
- ROCE 13.9 %
- ROE 9.06 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 7.83 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 13.6%
- Company has a low return on equity of 12.6% over last 3 years.
* 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 | TTM | |
---|---|---|---|---|---|---|
62 | 115 | 165 | 252 | 250 | 229 | |
58 | 106 | 153 | 241 | 237 | 210 | |
Operating Profit | 4 | 9 | 12 | 11 | 13 | 18 |
OPM % | 7% | 8% | 7% | 4% | 5% | 8% |
1 | 2 | 6 | 2 | 3 | 2 | |
Interest | 2 | 4 | 5 | 6 | 9 | 11 |
Depreciation | 0 | 1 | 2 | 2 | 2 | 4 |
Profit before tax | 3 | 7 | 10 | 4 | 5 | 6 |
Tax % | 10% | 3% | 1% | 6% | 22% | |
3 | 6 | 10 | 4 | 4 | 3 | |
EPS in Rs | 0.05 | 0.07 | 0.10 | 0.04 | 0.04 | 0.04 |
Dividend Payout % | 13% | 16% | 6% | 14% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 30% |
TTM: | -10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -17% |
TTM: | -22% |
Stock Price CAGR | |
---|---|
10 Years: | -4% |
5 Years: | -13% |
3 Years: | 47% |
1 Year: | 23% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
---|---|---|---|---|---|
Equity Capital | 8 | 10 | 10 | 10 | 10 |
Reserves | 6 | 16 | 24 | 28 | 32 |
19 | 34 | 38 | 54 | 67 | |
11 | 25 | 26 | 43 | 45 | |
Total Liabilities | 44 | 85 | 98 | 135 | 154 |
9 | 14 | 20 | 20 | 23 | |
CWIP | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 |
35 | 71 | 78 | 115 | 131 | |
Total Assets | 44 | 85 | 98 | 135 | 154 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
---|---|---|---|---|---|
-5 | -6 | 12 | -8 | ||
-5 | -9 | -9 | -1 | ||
10 | 15 | -3 | 9 | ||
Net Cash Flow | -0 | -1 | 1 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
---|---|---|---|---|---|
Debtor Days | 109 | 98 | 89 | 100 | 116 |
Inventory Days | 71 | 79 | 58 | 48 | 44 |
Days Payable | 57 | 80 | 42 | 54 | 58 |
Cash Conversion Cycle | 123 | 97 | 105 | 94 | 102 |
Working Capital Days | 139 | 142 | 108 | 101 | 121 |
ROCE % | 22% | 19% | 13% | 14% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 20 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 20 Apr
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 19 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Financial Year 31.03.2014 6 Apr
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For The Financial Year 31.03.2024 6 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2009
from bse
-
Financial Year 2008
from bse
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.