What we do Vikas Ecotech Limited manufactures specialty chemical additives and polymer compounds serving diverse industries like agriculture, packaging, pharmaceuticals, automotive, and infrastructure. |
Founded in 1,984 |
Market share Established specialty chemicals manufacturer with robust domestic and export presence. |
Problem solved Provides high-end specialty chemicals and polymer compounds to improve quality and performance in multiple industrial applications. |
Top clients or who we serve B2B segments including agriculture, packaging, pharmaceuticals, automotive, electrical, and consumer goods industries. |
Key management Chief Executive Officer & Whole-Time Director: Mr. Balwant Kumar Bhushan; Executive Director: Dr. Dinesh Bhardwaj; Executive Director: Mr. Rajeev Kumar; CFO: Mahavir Brajmohan Agarwal; Company Secretary: Prashant Sajwani |
Our journey and innovations Founded in 1984, evolved from leasing to specialty chemicals manufacturing with backward integration since 2008; expanded into energy business in 2023-24; incorporated subsidiary Vikas Organics Pvt. Ltd. in 2024. |
Where we operate Operations primarily in India with export markets; manufacturing facilities in Rajasthan and Jammu & Kashmir. |
Top products or what we offer Specialty chemical additives, specialty polymer compounds, and infra & energy products. |
Top brands No specific brand names disclosed; key areas include specialty chemicals and polymers with focus on quality and innovation. |
Raw materials needed Petrochemical and chemical raw materials for specialty additives and polymers. |
Raw materials supplier Global conglomerates and suppliers in petrochemicals and specialty chemical sectors. |
Recurring vs cyclical contribution Revenue is largely recurring from manufacturing and specialty chemical supply contracts. |
Our industry position Recognized player in specialty chemicals with expanding footprint in chemical additives and polymer compounds. |
Financial highlights Consolidated revenue Rs. 377.67 crore, net profit Rs. 16.98 crore for FY 2024-25, displaying growth over previous year. |
Geographical revenue split Domestic revenue approx. Rs. 223.8 crore; exports approx. Rs. 29.04 crore as per last reported segment data. |
Order book - |
Whats driving growth Growth driven by product diversification into energy sector, export expansion and increased demand in specialty chemicals. |
Our future plans Capex focused on energy segment expansion; growth through subsidiaries and product innovation. |
Our green promise Committed to sustainable practices including energy conservation and corporate social responsibility. |
Our people and values Governed by a professional board; emphasis on ethics, transparency, and inclusive work culture. |
Key challenges ahead Navigating financial irregularities in past acquisitions and ensuring regulatory compliance; competition and raw material cost volatility. |
Interesting facts Has reversed a major share swap acquisition with settlement through legal process; ISO 9001:2015 certified company. |
Risks and strategy Focus on strong corporate governance, risk management policies, and diversification to mitigate market and operational risks. |
