Vikas EcoTech Limited (VIKASECO) - Net Assets

Latest as of September 2025: Rs3.97 Billion INR ≈ $42.97 Million USD

Based on the latest financial reports, Vikas EcoTech Limited (VIKASECO) has net assets worth Rs3.97 Billion INR (≈ $42.97 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs4.86 Billion ≈ $52.52 Million USD) and total liabilities (Rs883.31 Million ≈ $9.55 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Vikas EcoTech Limited (VIKASECO) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs3.97 Billion
% of Total Assets	81.81%
Annual Growth Rate	31.22%
5-Year Change	205.7%
10-Year Change	493.67%
Growth Volatility	64.33

Vikas EcoTech Limited - Net Assets Trend (2007–2025)

This chart illustrates how Vikas EcoTech Limited's net assets have evolved over time, based on quarterly financial data. Also explore Vikas EcoTech Limited asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Vikas EcoTech Limited (2007–2025)

The table below shows the annual net assets of Vikas EcoTech Limited from 2007 to 2025. For live valuation and market cap data, see Vikas EcoTech Limited (VIKASECO) total market value.

Year	Net Assets	Change
2025-03-31	Rs3.93 Billion ≈ $42.53 Million	+4.48%
2024-03-31	Rs3.76 Billion ≈ $40.71 Million	+58.20%
2023-03-31	Rs2.38 Billion ≈ $25.73 Million	+4.53%
2022-03-31	Rs2.28 Billion ≈ $24.62 Million	+76.95%
2021-03-31	Rs1.29 Billion ≈ $13.91 Million	-10.03%
2020-03-31	Rs1.43 Billion ≈ $15.46 Million	-0.19%
2019-03-31	Rs1.43 Billion ≈ $15.49 Million	-10.37%
2018-03-31	Rs1.60 Billion ≈ $17.29 Million	+21.69%
2017-03-31	Rs1.31 Billion ≈ $14.20 Million	+98.27%
2016-03-31	Rs662.44 Million ≈ $7.16 Million	+53.02%
2015-03-31	Rs432.90 Million ≈ $4.68 Million	+2.68%
2014-03-31	Rs421.62 Million ≈ $4.56 Million	+11.95%
2013-03-31	Rs376.61 Million ≈ $4.07 Million	+8.91%
2012-03-31	Rs345.80 Million ≈ $3.74 Million	+32.12%
2011-03-31	Rs261.73 Million ≈ $2.83 Million	+89.41%
2010-03-31	Rs138.18 Million ≈ $1.49 Million	+23.14%
2009-03-31	Rs112.21 Million ≈ $1.21 Million	+2.97%
2008-03-31	Rs108.97 Million ≈ $1.18 Million	+269.00%
2007-03-31	Rs29.53 Million ≈ $319.38K	--

Equity Component Analysis

This analysis shows how different components contribute to Vikas EcoTech Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 123467900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs1.23 Billion	31.40%
Common Stock	Rs1.39 Billion	35.30%
Other Comprehensive Income	Rs4.21 Million	0.11%
Other Components	Rs1.31 Billion	33.19%
Total Equity	Rs3.93 Billion	100.00%

Vikas EcoTech Limited Competitors by Market Cap

The table below lists competitors of Vikas EcoTech Limited ranked by their market capitalization.

Company	Market Cap
Morgan Sindall Group PLC LSE:MGNS	$26.59 Million
Starteck Finance Limited NSE:STARTECK	$26.59 Million
Carimin Petroleum Bhd KLSE:5257	$26.61 Million
Worth Peripherals Limited NSE:WORTH	$26.62 Million
White Horse Bhd KLSE:5009	$26.58 Million
Hotel Royal Chihpen TWO:5704	$26.57 Million
Barinthus Biotherapeutics plc NASDAQ:BRNS	$26.57 Million
Cue Biopharma NASDAQ:CUE	$26.56 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Vikas EcoTech Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,764,192,000 to 3,932,674,000, a change of 168,482,000 (4.5%).
Net income of 169,837,000 contributed positively to equity growth.
Share repurchases of 109,650,000 reduced equity.
New share issuances of 109,650,000 increased equity.
Other comprehensive income decreased equity by 1,409,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs169.84 Million	+4.32%
Share Repurchases	Rs109.65 Million	-2.79%
Share Issuances	Rs109.65 Million	+2.79%
Other Comprehensive Income	Rs-1.41 Million	-0.04%
Other Changes	Rs54.00K	+0.0%
Total Change	Rs-	4.48%

Book Value vs Market Value Analysis

This analysis compares Vikas EcoTech Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.63x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 14.90x to 0.63x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-03-31	Rs0.09	Rs1.39	x
2008-03-31	Rs0.34	Rs1.39	x
2009-03-31	Rs0.35	Rs1.39	x
2010-03-31	Rs0.44	Rs1.39	x
2011-03-31	Rs0.82	Rs1.39	x
2012-03-31	Rs0.85	Rs1.39	x
2013-03-31	Rs0.92	Rs1.39	x
2014-03-31	Rs1.01	Rs1.39	x
2015-03-31	Rs1.06	Rs1.39	x
2016-03-31	Rs1.62	Rs1.39	x
2017-03-31	Rs3.20	Rs1.39	x
2018-03-31	Rs3.54	Rs1.39	x
2019-03-31	Rs3.17	Rs1.39	x
2020-03-31	Rs3.17	Rs1.39	x
2021-03-31	Rs2.85	Rs1.39	x
2022-03-31	Rs2.45	Rs1.39	x
2023-03-31	Rs2.51	Rs1.39	x
2024-03-31	Rs3.11	Rs1.39	x
2025-03-31	Rs2.22	Rs1.39	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vikas EcoTech Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 4.32%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.50%
• Asset Turnover: 0.74x
• Equity Multiplier: 1.30x
Recent ROE (4.32%) is below the historical average (10.38%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	5.67%	103.60%	0.03x	1.72x	Rs-1.28 Million
2008	3.35%	1.03%	1.38x	2.35x	Rs-7.25 Million
2009	2.89%	0.73%	1.68x	2.36x	Rs-7.98 Million
2010	22.11%	4.89%	1.43x	3.17x	Rs16.73 Million
2011	24.25%	5.30%	1.41x	3.26x	Rs37.29 Million
2012	26.01%	5.46%	1.68x	2.84x	Rs55.36 Million
2013	9.74%	1.45%	1.87x	3.58x	Rs-975.91K
2014	8.60%	1.45%	1.62x	3.67x	Rs-5.88 Million
2015	8.75%	1.79%	1.43x	3.40x	Rs-5.43 Million
2016	38.55%	8.31%	1.35x	3.44x	Rs189.10 Million
2017	17.64%	6.24%	1.22x	2.33x	Rs100.36 Million
2018	17.90%	7.92%	0.91x	2.49x	Rs126.22 Million
2019	11.43%	6.68%	0.63x	2.71x	Rs20.50 Million
2020	0.71%	0.53%	0.56x	2.41x	Rs-132.81 Million
2021	-11.15%	-12.35%	0.36x	2.53x	Rs-272.14 Million
2022	0.61%	0.56%	0.73x	1.51x	Rs-213.71 Million
2023	4.00%	2.37%	1.18x	1.44x	Rs-142.67 Million
2024	1.82%	2.64%	0.58x	1.18x	Rs-307.95 Million
2025	4.32%	4.50%	0.74x	1.30x	Rs-223.43 Million

Industry Comparison

This section compares Vikas EcoTech Limited's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $8,083,043,484
Average return on equity (ROE) among peers: 14.94%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Vikas EcoTech Limited (VIKASECO)	Rs3.97 Billion	5.67%	0.22x	$26.59 Million
Aarti Industries Limited (AARTIIND)	$49.21 Billion	11.08%	0.74x	$1.99 Billion
Aarti Surfactants Limited (AARTISURF)	$1.11 Billion	1.88%	1.36x	$37.34 Million
ABM International Limited (ABMINTLLTD)	$214.51 Million	3.09%	0.89x	$4.23 Million
Advanced Enzyme Technologies Limited (ADVENZYMES)	$1.66 Billion	30.02%	1.39x	$420.87 Million
Aether Industries Limited (AETHER)	$12.45 Billion	10.48%	0.11x	$1.68 Billion
Akzo Nobel India Limited (AKZOINDIA)	$11.05 Billion	19.80%	1.09x	$1.45 Billion
Alkali Metals Limited (ALKALI)	$658.97 Million	9.93%	0.56x	$7.38 Million
Alkyl Amines Chemicals Limited (ALKYLAMINE)	$1.16 Billion	20.83%	1.93x	$838.56 Million
Ami Organics Limited (AMIORG)	$822.19 Million	28.33%	1.59x	$1.18 Billion
Anupam Rasayan India Limited (ANURAS)	$2.50 Billion	13.94%	1.53x	$1.65 Billion

About Vikas EcoTech Limited

NSE:VIKASECO India Specialty Chemicals

Market Cap

$26.59 Million

Rs2.46 Billion INR

Market Cap Rank

#24116 Global

#1337 in India

Share Price

Rs1.39

Change (1 day)

-0.71%

52-Week Range

Rs0.99 - Rs2.66

All Time High

Rs45.03