Vikas EcoTech (NSE:VIKASECO) EBIT: ₹102 Mil (TTM As of Mar. 2026)

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NSE:VIKASECO Vikas EcoTech Ltd NSE:VIKASECO
62 GF Score
Price ₹1.10
GF Value ₹2.66
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Vikas EcoTech EBIT?

Vikas EcoTech NSE:VIKASECO -1.79% 62 EBIT is ₹102 Mil as of Mar. 2026. GuruFocus rates NSE:VIKASECO with a GF Score™ of 62/100 and a GF Value™ of ₹2.66 (Possible Value Trap). The stock has 7 warning signs investors should review.

Vikas EcoTech's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹-12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹102 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vikas EcoTech's annualized ROC % for the quarter that ended in Mar. 2026 was -0.86%. Vikas EcoTech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vikas EcoTech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.96%.


Vikas EcoTech  (NSE:VIKASECO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Vikas EcoTech's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-109.992 * ( 1 - 76.58% )/( (0 + 2993.951)/ 1 )
=-25.7601264/2993.951
=-0.86 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5125.601 - 612.214 - ( 1519.436 - max(0, 944.891 - 3562.719+1519.436))
=2993.951

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Vikas EcoTech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-47.172/( ( (0 + max(0, 0)) + (332.077 + max(1364.446, 0)) )/ 1 )
=-47.172/( ( 0 + 1696.523 )/ 1 )
=-47.172/1696.523
=-2.78 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1265.793 + 412.808 + 343.29) - (612.214 + 0 + 45.231)
=1364.446

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Vikas EcoTech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=101.714/536.366
=18.96 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vikas EcoTech EBIT Related Terms


Vikas EcoTech EBIT Historical Data

* Premium members only.

The historical data trend for Vikas EcoTech's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vikas EcoTech EBIT Chart

Vikas EcoTech Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 201.18 199.29 156.10 256.75 101.71

Vikas EcoTech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.32 44.94 34.14 34.43 -11.79

NSE:VIKASECO vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Vikas EcoTech's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vikas EcoTech EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vikas EcoTech's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Vikas EcoTech's EV-to-EBIT falls into.


NSE:VIKASECO
62GF Score
Vikas EcoTech Ltd NSE:VIKASECO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vikas EcoTech EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹102 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹102 Mil mean?
Vikas EcoTech (NSE:VIKASECO) has a EBIT of ₹102 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vikas EcoTech.
Is Vikas EcoTech's EBIT too high?
Vikas EcoTech's current EBIT is ₹102 Mil. Overall, Vikas EcoTech has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vikas EcoTech's EBIT compare to LIN and SHW?
Vikas EcoTech's EBIT of ₹102 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Chemicals company?
A good EBIT depends on the Chemicals industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vikas EcoTech. Vikas EcoTech's current EBIT is ₹102 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vikas EcoTech stock overvalued right now?
Based on GuruFocus' analysis, Vikas EcoTech (NSE:VIKASECO) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2.66, compared to a current price of ₹1.10 — trading 58.6% below its estimated fair value. The current EBIT is ₹102 Mil. Vikas EcoTech's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Vikas EcoTech (NSE:VIKASECO), the current EBIT is ₹102 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vikas EcoTech (NSE:VIKASECO) Overvalued in 2026?

Based on GuruFocus' analysis, Vikas EcoTech stock appears to be undervalued. The current stock price of ₹1.10 is trading 58.6% below its estimated GF Value™ of ₹2.66. GuruFocus considers Vikas EcoTech to be Possible Value Trap.

Key valuation signals for NSE:VIKASECO:

  • EBIT: ₹102 Mil
  • GF Value™: ₹2.66 vs. price of ₹1.10 (58.6% below fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the NSE:VIKASECO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vikas EcoTech Business Description

Other Exchanges 530961:India
Address 34/1, Vikas Apartments, East Punjabi Bagh, New Delhi, IND, 110026
Vikas EcoTech Ltd is a specialty chemicals company. The company is engaged in the business of manufacturing and distribution of specialty additives including agrochemicals and rubber-plastic and polymer compounds. The Company has identified three business segments which are Infra & Energy, Chemical, Polymers & Special Additives. Its polymer compounds offering includes thermoplastic rubber (TPR), thermoplastic elastomer (TPE), Ethylene Vinyl Acetate (EVA), impact modifiers, Polyethylene (PE), and Polypropylene (PP).
62GF Score

Get the complete analysis for NSE:VIKASECO

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1.10
Price
₹2.66
GF Value