Vikas EcoTech (NSE:VIKASECO) 3-Year ROIIC % : 117.55% (As of Mar. 2026) — 953% Above Median

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NSE:VIKASECO Vikas EcoTech Ltd NSE:VIKASECO
62 GF Score
Price ₹1.09
GF Value ₹2.66
Valuation Possible Value Trap
! 7 Warning Signs
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What is Vikas EcoTech 3-Year ROIIC %?

Vikas EcoTech NSE:VIKASECO 62 3-Year ROIIC % is 117.55 as of Mar. 2026, which is 953% above its 10-year median of 11.16. 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. Among 1,523 Chemicals companies, Vikas EcoTech ranks better than 93.89% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Vikas EcoTech's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 117.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Vikas EcoTech's 3-Year ROIIC % or its related term are showing as below:

NSE:VIKASECO's 3-Year ROIIC % is ranked better than
93.89% of 1523 companies
in the Chemicals industry
Industry Median: 0.03 vs NSE:VIKASECO: 117.55

Vikas EcoTech  (NSE:VIKASECO) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Vikas EcoTech 3-Year ROIIC % Related Terms


Vikas EcoTech 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Vikas EcoTech's 3-Year ROIIC % 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 3-Year ROIIC % Chart

Vikas EcoTech Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.08 1,567.69 7.95 -6.61 117.55

Vikas EcoTech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % 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 -6.61 0.00 0.00 0.00 117.55

NSE:VIKASECO vs LIN, SHW, ECL: 3-Year ROIIC % Comparison

For the Specialty Chemicals subindustry, Vikas EcoTech's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vikas EcoTech's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Vikas EcoTech's 3-Year ROIIC % falls into.


NSE:VIKASECO
62GF Score
Vikas EcoTech Ltd NSE:VIKASECO
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vikas EcoTech 3-Year ROIIC % Calculation

Vikas EcoTech's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 16.9857184 (Mar. 2026) - 164.1099236 (Mar. 2023) )/( 2993.951 (Mar. 2026) - 3119.106 (Mar. 2023) )
=-147.1242052/-125.155
=117.55%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 117.55 mean?
Vikas EcoTech (NSE:VIKASECO) has a 3-Year ROIIC % of 117.55 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Vikas EcoTech and its competitors. This is 953% above median its historical median of 11.16. According to the industry distribution chart, Vikas EcoTech ranks #93 out of 1523 companies in the Chemicals industry, placing it in the top 6.1%.
Is Vikas EcoTech's 3-Year ROIIC % too high?
Vikas EcoTech's current 3-Year ROIIC % of 117.55 is 953% above median its 10-year median of 11.16. The Chemicals industry median 3-Year ROIIC % is 0.03. Vikas EcoTech's value of 117.55 is 391733.3% above this industry median. Based on the distribution chart, Vikas EcoTech ranks #93 out of 1523 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. 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 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Vikas EcoTech ranks #93 out of 1523 companies for 3-Year ROIIC %. This places Vikas EcoTech in the top 6% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 0.03. Vikas EcoTech's value of 117.55 is 391733.3% above this benchmark. While the company's 10-year median is 11.16 vs. the industry median of 0.03, Vikas EcoTech has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Chemicals company?
The median 3-Year ROIIC % among Chemicals companies is 0.03, based on 1,523 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vikas EcoTech's current 3-Year ROIIC % of 117.55 is 391733.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Vikas EcoTech and its competitors. For the Chemicals industry, the median 3-Year ROIIC % is 0.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vikas EcoTech's current 3-Year ROIIC % is 117.55, which is 953% above median its own 10-year median of 11.16. 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 ₹1.09 — trading 59% below its estimated fair value. The current 3-Year ROIIC % is 117.55, which is 953% above median its 10-year median of 11.16 and 391733.3% above the Chemicals industry median of 0.03. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Vikas EcoTech (NSE:VIKASECO), the current 3-Year ROIIC % is 117.55 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 ₹1.09 is trading 59% below its estimated GF Value™ of ₹2.66. GuruFocus considers Vikas EcoTech to be Possible Value Trap.

Key valuation signals for NSE:VIKASECO:

  • 3-Year ROIIC %: 117.55 (953% above median its 10-year median of 11.16)
  • GF Value™: ₹2.66 vs. price of ₹1.09 (59% below fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 391733.3% above the Chemicals median (#93 of 1523)

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

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

₹1.09
Price
₹2.66
GF Value