Vikas Ecotech
1.47
-0.01(-0.68%)
Market Cap₹260.00 Cr
PE Ratio37.00
IndustryChemicals
Company Performance:
1D-0.68%
1M-0.68%
6M-32.57%
1Y-40.00%
5Y-2.00%
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More news about Vikas Ecotech
05Sept 25
Vikas Ecotech Slashes Bank Debt by Rs 73 Million, Aims for Zero Debt by FY 2023-24
Vikas Ecotech Limited, a New Delhi-based specialty polymers and chemicals manufacturer, has repaid Rs 73 million in bank debt, reducing its total bank debt to Rs 718 million. The company's overall debt has decreased to Rs 982 million from a peak of Rs 1,700 million. Vikas Ecotech plans to repay an additional Rs 170 million by June 30, 2023, aiming to become debt-free within the fiscal year 2023-24. This debt reduction strategy is expected to improve the company's financial flexibility and profitability.
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19Aug 25
Vikas Ecotech Secures INR 34.22 Crore Order from Olectra Greentech for Fire Retardant Materials
Vikas Ecotech Limited, a specialty polymers and chemicals manufacturer, has received a significant order worth INR 34.22 crore from Olectra Greentech Limited. The order is for the supply of fire retardant materials, specifically Aluminium Trihydrate (ATH), to be executed in the upcoming quarter. This development highlights Vikas Ecotech's growing role in providing sustainable, safety-driven specialty materials and positions the company to capitalize on the increasing demand for fire-retardant chemicals in India's expanding infrastructure and green mobility sectors.
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13Aug 25
Vikas Ecotech Reports Q1 FY26 Results: Revenue Up, Profit Dips
Vikas Ecotech Limited announced unaudited Q1 FY26 results. Standalone revenue increased 4.6% YoY to ₹8,360.58 lakh, but profit declined 83.1% to ₹169.70 lakh. Consolidated revenue was ₹10,355.56 lakh with ₹237.00 lakh profit. The Infra & Energy segment generated ₹4,649.82 lakh, while Chemical, Polymers & Special Additives contributed ₹3,710.76 lakh. Basic EPS stood at ₹0.02 for both standalone and consolidated results. Management acknowledged challenges in profitability despite top-line growth.
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29May 25
Vikas Ecotech Reports Mixed Q4 Results with Revenue Growth and Profit Fluctuations
Vikas Ecotech Ltd, a specialty chemicals company, reported Q4 financial results with significant year-over-year improvements but some quarter-on-quarter challenges. Revenue surged 43.7% to ₹1.03 billion from ₹717.00 million last year. EBITDA increased to ₹36.00 million from ₹27.00 million, though the margin slightly decreased to 3.55%. Consolidated net profit jumped 87% year-over-year to ₹43.00 million, but the company faced a ₹6.00 million loss compared to the previous quarter.
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04Mar 25
Vikas Ecotech to Deliberate on Capital Reduction Scheme in Upcoming Board Meeting
Vikas Ecotech Ltd. has announced a board meeting on March 7, 2025, to consider a scheme of capital reduction. The proposal is linked to a Termination cum Settlement Agreement dated January 29, 2025. The meeting, to be held at the company's registered office, will also be open to other agenda items with the Chair's permission. This decision could potentially impact the company's share structure, shareholder value, and financial position.
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Vikas Ecotech
1.47
-0.01
(-0.68%)
1 Year Returns:-40.00%
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