Share Price and Basic Stock Data

Last Updated: November 15, 2024, 5:16 pm

Market Cap	1,763 Cr.
Current Price	914
High / Low	1,215/341
Stock P/E	74.3
Book Value	42.3
Dividend Yield	0.00 %
ROCE	33.4 %
ROE	27.9 %
Face Value	10.0
PEG Ratio	2.02

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Eco Recycling Ltd

Competitors of Eco Recycling Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
EP Biocomposites Ltd	25.3 Cr.	150	226/122	22.2	58.1	0.00 %	15.3 %	12.8 %	10.0
Eco Recycling Ltd	1,763 Cr.	914	1,215/341	74.3	42.3	0.00 %	33.4 %	27.9 %	10.0
Antony Waste Handling Cell Ltd	1,762 Cr.	621	902/408	25.2	212	0.00 %	13.9 %	16.3 %	5.00
Industry Average	1,762.50 Cr	561.67		40.57	104.13	0.00%	20.87%	19.00%	8.33

All Competitor Stocks of Eco Recycling Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	2.94	4.47	2.75	5.13	5.52	3.61	3.66	4.95	5.39	7.10	7.47	8.05	11.40
Expenses	1.69	3.37	3.87	3.92	1.89	2.03	1.96	7.94	2.13	2.83	2.23	4.37	3.21
Operating Profit	1.25	1.10	-1.12	1.21	3.63	1.58	1.70	-2.99	3.26	4.27	5.24	3.68	8.19
OPM %	42.52%	24.61%	-40.73%	23.59%	65.76%	43.77%	46.45%	-60.40%	60.48%	60.14%	70.15%	45.71%	71.84%
Other Income	5.14	0.84	4.68	1.21	-0.58	2.14	2.40	-0.18	2.54	2.98	2.13	-0.39	2.04
Interest	0.00	0.00	0.00	0.00	0.04	0.04	0.03	0.03	0.12	0.12	0.11	0.35	0.17
Depreciation	0.12	0.12	0.12	0.12	0.25	0.25	0.25	0.20	0.46	0.26	0.35	-0.26	0.24
Profit before tax	6.27	1.82	3.44	2.30	2.76	3.43	3.82	-3.40	5.22	6.87	6.91	3.20	9.82
Tax %	0.00%	0.00%	0.00%	65.65%	0.00%	0.00%	0.00%	12.35%	9.77%	10.92%	17.08%	48.44%	17.01%
Net Profit	6.27	1.82	3.44	0.79	2.76	3.43	3.82	-3.82	4.71	6.12	5.73	1.65	8.15
EPS in Rs	3.25	0.94	1.78	0.41	1.43	1.78	1.98	-1.98	2.33	3.03	2.97	0.86	4.22

Last Updated: October 7, 2024, 8:10 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:34 pm

Month	Mar 2008	Mar 2009	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	26	21	31	37	19	12	12	12	13	15	18	28	34
Expenses	27	22	29	36	18	12	11	10	12	12	14	12	13
Operating Profit	-1	-1	2	1	1	-1	2	3	1	4	4	16	21
OPM %	-4%	-6%	7%	2%	5%	-8%	15%	21%	8%	24%	22%	59%	63%
Other Income	2	1	0	0	-1	-6	0	-0	5	11	4	7	7
Interest	0	0	1	1	1	1	1	1	0	0	0	1	1
Depreciation	0	0	0	0	0	0	0	0	0	0	1	1	1
Profit before tax	1	-0	1	-0	-2	-9	1	1	6	14	7	22	27
Tax %	11%	2%	25%	75%	-3%	0%	-39%	9%	20%	11%	6%	18%
Net Profit	1	-0	1	-0	-2	-9	1	1	4	13	6	18	22
EPS in Rs			0.48	-0.11	-0.85	-4.58	0.57	0.58	2.32	6.58	3.21	9.24	11.08
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	15%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2008-2009	2015-2016	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-100.00%	-100.00%	-350.00%	111.11%	0.00%	300.00%	225.00%	-53.85%	200.00%
Change in YoY Net Profit Growth (%)	0.00%	0.00%	-250.00%	461.11%	-111.11%	300.00%	-75.00%	-278.85%	253.85%

Eco Recycling Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2008-2009 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	18%
3 Years:	30%
TTM:	89%

Compounded Profit Growth
10 Years:	%
5 Years:	66%
3 Years:	176%
TTM:	130%

Stock Price CAGR
10 Years:	36%
5 Years:	96%
3 Years:	120%
1 Year:	168%

Return on Equity
10 Years:	%
5 Years:	14%
3 Years:	17%
Last Year:	28%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 4:35 pm

Month	Mar 2008	Mar 2009	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	4	5	18	18	18	18	18	19	19	19	19	19	19
Reserves	4	10	13	13	10	6	6	4	12	30	27	47	62
Borrowings	0	0	17	19	20	23	20	17	11	11	1	5	8
Other Liabilities	10	7	15	24	6	3	2	3	2	6	16	10	14
Total Liabilities	19	23	63	73	54	49	46	44	46	67	63	81	104
Fixed Assets	1	4	8	14	14	22	22	22	22	20	34	39	57
CWIP	0	0	13	8	9	0	0	0	0	0	0	0	0
Investments	6	6	7	7	2	3	3	3	7	20	15	18	16
Other Assets	12	13	36	44	28	24	22	19	16	26	15	24	31
Total Assets	19	23	63	73	54	49	46	44	46	67	63	81	104

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2008	Mar 2009	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-9	2	1	2	-1	1	8	5	9	0	16	-3
Cash from Investing Activity +	-1	-2	-1	-2	1	-0	-3	-4	-0	8	-24	3
Cash from Financing Activity +	10	1	0	0	-0	-1	-4	-4	-7	-0	-1	-0
Net Cash Flow	-0	0	0	0	-0	0	2	-2	2	8	-9	0

Free Cash Flow

Month	Mar 2008	Mar 2009	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-1.00	-1.00	-15.00	-18.00	-19.00	-24.00	-18.00	-14.00	-10.00	-7.00	3.00	11.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2008	Mar 2009	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	4	72	194	236	194	141	125	72	32	24	50	58
Inventory Days	15	14	124	104	275	317	170	234	178	272	251	397
Days Payable	4	78	99	263	122	1	12	20	6	119	659	17
Cash Conversion Cycle	16	7	219	77	347	456	282	286	204	178	-357	438
Working Capital Days	153	148	196	157	378	553	256	179	82	66	-90	154
ROCE %		-6%		2%	2%	1%	4%	6%	3%	10%	8%	33%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	72.94%	72.97%	73.15%	73.15%	73.14%	73.33%	73.35%	73.34%	73.35%	73.35%	73.35%	73.35%
FIIs	0.86%	0.86%	0.86%	1.90%	1.90%	1.90%	1.90%	0.86%	0.90%	1.18%	1.17%	1.19%
Public	26.20%	26.17%	25.99%	24.96%	24.95%	24.78%	24.76%	25.80%	25.75%	25.47%	25.49%	25.47%
No. of Shareholders	8,201	10,106	10,470	10,122	10,671	11,136	11,384	12,142	11,781	12,311	15,438	23,829

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	9.44	3.21	6.58	2.32	0.60
Diluted EPS (Rs.)	9.44	3.21	6.58	2.32	0.60
Cash EPS (Rs.)	9.85	3.69	6.82	2.57	0.82
Book Value[Excl.RevalReserv]/Share (Rs.)	34.98	24.42	25.70	16.46	12.30
Book Value[Incl.RevalReserv]/Share (Rs.)	34.98	24.42	25.70	16.46	12.30
Revenue From Operations / Share (Rs.)	14.51	9.19	7.92	6.56	6.32
PBDIT / Share (Rs.)	12.28	3.98	7.61	3.30	1.29
PBIT / Share (Rs.)	11.87	3.50	7.37	3.05	1.05
PBT / Share (Rs.)	11.50	3.42	7.37	2.89	0.63
Net Profit / Share (Rs.)	9.44	3.21	6.58	2.32	0.57
NP After MI And SOA / Share (Rs.)	9.44	3.21	6.58	2.32	0.57
PBDIT Margin (%)	84.61	43.34	96.07	50.22	20.50
PBIT Margin (%)	81.75	38.05	92.97	46.42	16.57
PBT Margin (%)	79.25	37.23	92.97	43.97	9.98
Net Profit Margin (%)	65.04	34.91	83.04	35.33	9.09
NP After MI And SOA Margin (%)	65.04	34.91	83.04	35.33	9.09
Return on Networth / Equity (%)	26.98	13.51	25.59	14.08	4.67
Return on Capital Employeed (%)	30.66	13.47	22.90	13.48	5.04
Return On Assets (%)	22.60	9.79	18.91	9.83	2.51
Long Term Debt / Equity (X)	0.01	0.03	0.21	0.35	0.65
Total Debt / Equity (X)	0.01	0.03	0.22	0.35	0.68
Asset Turnover Ratio (%)	0.38	0.27	0.26	0.28	0.26
Current Ratio (X)	5.14	1.10	5.40	5.96	2.71
Quick Ratio (X)	4.08	0.78	4.54	4.81	2.04
Inventory Turnover Ratio (X)	0.88	0.94	0.00	0.00	0.00
Interest Coverage Ratio (X)	33.86	52.60	0.00	20.50	3.11
Interest Coverage Ratio (Post Tax) (X)	27.03	43.38	0.00	15.42	2.38
Enterprise Value (Cr.)	988.86	212.65	220.84	118.63	59.95
EV / Net Operating Revenue (X)	35.30	11.99	14.45	9.37	4.92
EV / EBITDA (X)	41.72	27.66	15.04	18.65	23.98
MarketCap / Net Operating Revenue (X)	35.32	11.90	14.42	8.68	3.77
Price / BV (X)	14.65	4.61	4.45	3.46	1.94
Price / Net Operating Revenue (X)	35.32	11.90	14.42	8.69	3.77
EarningsYield	0.01	0.02	0.05	0.04	0.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Eco Recycling Ltd as of November 18, 2024 is: 894.40

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 18, 2024, Eco Recycling Ltd is Overvalued by 2.14% compared to the current share price 914.00

Intrinsic Value of Eco Recycling Ltd as of November 18, 2024 is: 1,222.76

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 18, 2024, Eco Recycling Ltd is Undervalued by 33.78% compared to the current share price 914.00

Last 5 Year EPS CAGR: 36.71%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (18.77 cr) compared to borrowings (11.69 cr), indicating strong financial stability. The company has shown consistent growth in sales (21.38 cr) and profit (5.31 cr) over the years.	The stock has a low average ROCE of 5.25%, which may not be favorable. The stock has a high average Working Capital Days of 186.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 179.42, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Eco Recycling Ltd:
1. Net Profit Margin: 65.04%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 30.66% (Industry Average ROCE: 20.87%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 26.98% (Industry Average ROE: 19%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 27.03
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 4.08
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 74.3 (Industry average Stock P/E: 40.57)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.01
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Eco Recycling Ltd. is a Public Limited Listed company incorporated on 01/08/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L74120MH1994PLC079971 and registration number is 079971. Currently Company is involved in the business activities of Treatment and disposal of toxic live or dead animals and other, contaminated waste, disposal of used goods; incineration of hazardous waste. Company’s Total Operating Revenue is Rs. 15.10 Cr. and Equity Capital is Rs. 19.30 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Waste Management	422, The Summit Business Bay Opposite Cinemax Theatre, Mumbai Maharashtra 400093	shareholders@ecoreco.com http://www.ecoreco.com

Management
Name	Position Held
Mr. B K Soni	Chairman & Managing Director
Mrs. Aruna Soni	Whole Time Director
Mr. Shashank Soni	Director
Mr. Dattatraya Devale	Independent Director
Mr. Srikrishna Bhamidipati	Independent Director
Mr. Giriraj Bhattar	Independent Director

FAQ

What is the latest intrinsic value of Eco Recycling Ltd?

The latest intrinsic value of Eco Recycling Ltd as on 18 November 2024 is ₹894.40, which is 2.14% lower than the current market price of ₹914.00.

What is the Market Cap of Eco Recycling Ltd?

The Market Cap of Eco Recycling Ltd is 1,763 Cr..

What is the current Stock Price of Eco Recycling Ltd as on 18 November 2024?

The current stock price of Eco Recycling Ltd as on 18 November 2024 is ₹914.

What is the High / Low of Eco Recycling Ltd stocks in FY 2024?

In FY 2024, the High / Low of Eco Recycling Ltd stocks is 1,215/341.

What is the Stock P/E of Eco Recycling Ltd?

The Stock P/E of Eco Recycling Ltd is 74.3.

What is the Book Value of Eco Recycling Ltd?

The Book Value of Eco Recycling Ltd is 42.3.

What is the Dividend Yield of Eco Recycling Ltd?

The Dividend Yield of Eco Recycling Ltd is 0.00 %.

What is the ROCE of Eco Recycling Ltd?

The ROCE of Eco Recycling Ltd is 33.4 %.

What is the ROE of Eco Recycling Ltd?

The ROE of Eco Recycling Ltd is 27.9 %.

What is the Face Value of Eco Recycling Ltd?

The Face Value of Eco Recycling Ltd is 10.0.