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Vikas Ecotech Ltd
NSE:VIKASECO

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Vikas Ecotech Ltd
NSE:VIKASECO
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Price: 1.32 INR 0.76% Market Closed
Market Cap: ₹2.3B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-19%
5Y
+193%
10Y
+30%
Operating Income
+
3Y
-64%
5Y
+561%
10Y
-75%
Net Income
+
3Y
-12%
5Y
-
10Y
-51%

Earnings Waterfall
Vikas Ecotech Ltd

Income Statement
Vikas Ecotech Ltd

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Income Statement
Currency: INR
Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025 Dec-2025
Revenue
Interest Expense
90
0
0
0
83
0
0
0
113
0
0
0
93
0
0
0
119
0
0
0
167
0
0
0
152
0
0
0
180
0
0
0
94
0
0
0
61
0
0
0
0
0
0
0
Revenue
2 110
N/A
2 055
-3%
2 285
+11%
2 608
+14%
3 072
+18%
3 544
+15%
3 624
+2%
3 638
+0%
3 877
+7%
3 975
+3%
4 290
+8%
4 551
+6%
2 362
-48%
1 777
-25%
1 098
-38%
628
-43%
2 453
+291%
2 417
-1%
2 504
+4%
2 391
-5%
1 922
-20%
1 465
-24%
1 391
-5%
1 158
-17%
1 162
+0%
1 268
+9%
1 572
+24%
2 041
+30%
2 504
+23%
3 210
+28%
3 814
+19%
4 174
+9%
4 027
-4%
3 717
-8%
2 981
-20%
2 552
-14%
2 586
+1%
3 020
+17%
3 305
+9%
3 468
+5%
3 777
+9%
3 802
+1%
3 557
-6%
3 396
-5%
Gross Profit
Cost of Revenue
(1 760)
(1 721)
(1 900)
(2 075)
(2 372)
(2 722)
(2 719)
(2 761)
(3 046)
(3 145)
(3 423)
(3 621)
(1 691)
(1 168)
(652)
(405)
(1 995)
(2 026)
(2 113)
(1 932)
(1 639)
(1 246)
(1 183)
(1 022)
(1 049)
(1 129)
(1 436)
(1 825)
(2 173)
(2 841)
(3 397)
(3 766)
(3 640)
(3 323)
(2 637)
(2 223)
(2 251)
(2 663)
(2 928)
(3 112)
(3 434)
(3 468)
(3 254)
(3 081)
Gross Profit
350
N/A
334
-4%
385
+15%
534
+39%
699
+31%
822
+18%
905
+10%
877
-3%
831
-5%
830
0%
868
+5%
930
+7%
671
-28%
609
-9%
446
-27%
223
-50%
458
+106%
391
-15%
391
0%
459
+17%
283
-38%
219
-23%
208
-5%
136
-34%
113
-17%
139
+24%
136
-3%
216
+59%
331
+53%
369
+12%
417
+13%
408
-2%
387
-5%
393
+2%
344
-13%
329
-4%
336
+2%
357
+6%
377
+6%
356
-6%
342
-4%
333
-3%
303
-9%
315
+4%
Operating Income
Operating Expenses
(218)
(205)
(222)
(236)
(243)
(237)
(246)
(261)
(197)
(366)
(192)
(357)
(190)
(194)
(172)
(150)
(210)
(211)
(213)
(239)
(186)
(108)
(168)
(125)
(99)
(116)
(119)
(125)
(124)
(139)
(178)
(201)
(197)
(220)
(183)
(186)
(194)
(257)
(284)
(291)
(271)
(243)
(238)
(240)
Selling, General & Administrative
(37)
(39)
(42)
(40)
(33)
(34)
(37)
(43)
(148)
(54)
(60)
(64)
(137)
(45)
(38)
(28)
(159)
(37)
(33)
(33)
(131)
(28)
(27)
(30)
(66)
(25)
(25)
(20)
(100)
(23)
(24)
(24)
(160)
(27)
(29)
(32)
(159)
(41)
(47)
(54)
(215)
(56)
(56)
(55)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
0
0
0
0
(3)
0
0
0
Depreciation & Amortization
(34)
(35)
(35)
(37)
(34)
(36)
(39)
(41)
(43)
(41)
(38)
(40)
(36)
(39)
(42)
(42)
(48)
(49)
(50)
(47)
(48)
(45)
(43)
(42)
(35)
(39)
(38)
(38)
(32)
(35)
(35)
(35)
(40)
(40)
(41)
(40)
(38)
(40)
(40)
(45)
(53)
(55)
(59)
(55)
Other Operating Expenses
(146)
(132)
(146)
(159)
(177)
(166)
(169)
(178)
(6)
(271)
(94)
(254)
(17)
(110)
(91)
(79)
(3)
(125)
(130)
(159)
(8)
(35)
(98)
(54)
3
(52)
(56)
(67)
8
(81)
(119)
(141)
3
(152)
(113)
(114)
2
(176)
(197)
(192)
1
(132)
(123)
(129)
Operating Income
132
N/A
129
-3%
163
+27%
298
+83%
456
+53%
585
+28%
659
+13%
617
-6%
634
+3%
464
-27%
676
+46%
572
-15%
481
-16%
416
-14%
275
-34%
73
-73%
248
+240%
180
-27%
178
-1%
219
+23%
96
-56%
111
+15%
41
-63%
11
-72%
14
+24%
23
+63%
16
-29%
91
+458%
208
+128%
231
+11%
240
+4%
208
-13%
190
-9%
174
-9%
162
-7%
143
-12%
142
-1%
100
-29%
93
-8%
64
-30%
71
+11%
90
+27%
65
-28%
75
+16%
Pre-Tax Income
Interest Income Expense
(90)
(108)
(106)
(110)
(83)
(114)
(112)
(106)
(108)
(134)
(138)
(144)
(75)
(105)
(94)
(100)
(119)
(158)
(186)
(191)
(186)
(185)
(181)
(180)
(147)
(188)
(197)
(198)
(180)
(173)
(147)
(129)
(93)
(103)
(96)
(84)
(54)
(52)
(40)
(37)
12
(44)
(47)
(51)
Non-Reccuring Items
19
0
3
5
2
2
0
0
(163)
0
(163)
0
0
0
0
0
0
0
84
84
84
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
129
129
129
129
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
1
0
0
0
3
0
0
0
0
0
0
0
(8)
0
0
0
4
0
0
0
0
0
0
0
2
0
0
0
4
0
0
0
0
0
0
0
Total Other Income
2
41
31
47
18
45
38
27
(7)
18
32
29
3
58
103
158
120
162
123
75
43
28
14
42
(2)
48
50
14
(7)
18
12
16
6
39
31
25
3
164
177
189
4
(66)
(55)
(45)
Pre-Tax Income
62
N/A
63
+0%
91
+46%
241
+165%
393
+63%
519
+32%
585
+13%
538
-8%
357
-34%
348
-3%
407
+17%
458
+12%
412
-10%
368
-11%
285
-23%
132
-54%
248
+89%
184
-26%
198
+8%
188
-5%
29
-85%
(46)
N/A
(127)
-175%
(128)
0%
(131)
-3%
(117)
+10%
(131)
-12%
(93)
+29%
21
N/A
76
+265%
104
+37%
95
-9%
105
+11%
110
+5%
97
-12%
85
-12%
94
+11%
213
+126%
229
+7%
216
-6%
215
0%
109
-49%
92
-15%
107
+16%
Net Income
Tax Provision
(24)
(26)
(34)
(81)
(137)
(180)
(205)
(194)
(125)
(122)
(143)
(160)
(145)
(132)
(91)
(37)
(98)
(74)
(79)
(93)
(19)
(12)
9
25
(13)
(13)
(11)
(15)
(7)
(8)
(8)
(5)
(10)
(14)
(18)
(21)
(26)
(56)
(61)
(66)
(45)
(19)
(14)
(29)
Income from Continuing Operations
38
37
57
160
255
339
380
343
232
227
264
297
267
236
194
95
150
110
119
95
10
(58)
(118)
(102)
(144)
(130)
(142)
(108)
14
68
97
90
95
96
78
63
68
157
168
150
170
90
79
79
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Equity Earnings Affiliates
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
38
N/A
37
-2%
57
+54%
160
+180%
255
+60%
339
+33%
380
+12%
343
-10%
232
-32%
227
-2%
264
+16%
297
+13%
267
-10%
236
-12%
194
-18%
95
-51%
150
+58%
110
-27%
119
+8%
95
-21%
10
-89%
(58)
N/A
(118)
-102%
(102)
+13%
(144)
-40%
(130)
+10%
(142)
-9%
(108)
+24%
14
N/A
68
+387%
97
+43%
90
-7%
95
+6%
96
+1%
78
-18%
63
-19%
68
+8%
157
+129%
168
+7%
150
-11%
170
+13%
90
-47%
79
-12%
79
+0%
EPS (Diluted)
0.09
N/A
0.09
N/A
0.14
+56%
0.39
+179%
0.63
+62%
0.96
+52%
0.81
-16%
0.84
+4%
0.57
-32%
0.5
-12%
0.6
+20%
0.66
+10%
0.6
-9%
0.52
-13%
0.43
-17%
0.26
-40%
0.34
+31%
0.26
-24%
0.27
+4%
0.22
-19%
0.02
-91%
-0.13
N/A
-0.26
-100%
-0.23
+12%
-0.32
-39%
-0.39
-22%
-0.19
+51%
-0.11
+42%
0.01
N/A
0.08
+700%
0.12
+50%
0.11
-8%
0.1
-9%
0.06
-40%
0.07
+17%
0.05
-29%
0.06
+20%
0.11
+83%
0.11
N/A
0.1
-9%
0.12
+20%
0.07
-42%
0.05
-29%
0.04
-20%

See Also

Summary
VIKASECO intrinsic value, competitors valuation, and company profile.
DCF Valuation
VIKASECO stock valuation using Discount Cash Flow valuation method.
Relative Valuation
VIKASECO stock valuation using valuation multiples.
Wall Street Estimates
VIKASECO price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
VIKASECO stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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