Amalgamated Electricity Company Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Amalgamated Electricity Company Ltd?

Amalgamated Electricity Company Ltd is trading at 43.10 as of 14 April 2026, with a FY2026-2027 high of 110 and low of 43.1. The stock is currently near its 52-week low. Market cap stands at 12.0 Cr..

Q: Is Amalgamated Electricity Company Ltd financially healthy?

Key indicators: ROCE of % is on the lower side. Dividend yield is 0.00 %.

Fair Value

₹3.23Overvalued by 92.51%vs CMP ₹43.10

P/E (15.0) × ROE (15.0%) × BV (₹1.76) × DY (2.00%)

Defaults: P/E=15, ROE=15%

₹2.91Overvalued by 93.25%vs CMP ₹43.10

MoS: -1381.1% (Negative)Confidence: 78/100 (High)Models: All 1: Overvalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹2.91	100%	Over (-93.2%)
Consensus (1 models)		₹2.91	100%	Overvalued

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -10.0% · Defaults: P/E=15, ROE=15%

*Investments are subject to market risks

Investment Snapshot

Amalgamated Electricity Company Ltd scores 48/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health26/100 · Weak

ROCE 0.0% WeakROE 0.0% WeakD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 0/5 years Inconsistent

Smart Money65/100 · Strong

DII holding up 14.75% MF buyingPromoter holding at 23.6% Stable

Earnings Quality65/100 · Strong

OPM expanding (-600% → -550%) Improving

Quarterly Momentum50/100 · Moderate

Industry Rank50/100 · Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: March 25, 2026, 3:03 am

Market Cap	12.0 Cr.
Current Price	43.1
Intrinsic Value	₹2.91
High / Low	110/43.1
Stock P/E
Book Value	1.76
Dividend Yield	0.00 %
ROCE	%
ROE	%
Face Value	5.00
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Amalgamated Electricity Company Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
JSL Industries Ltd	112 Cr.	950	1,684/896	58.4	411	0.00 %	17.6 %	15.1 %	10.0
Kaycee Industries Ltd	248 Cr.	782	1,732/632	41.4	98.6	0.26 %	30.6 %	22.2 %	10.0
Modern Insulators Ltd	1,080 Cr.	229	290/77.4	16.1	106	0.00 %	8.98 %	7.36 %	10.0
Modison Ltd	406 Cr.	125	197/109	10.9	69.8	2.80 %	15.5 %	12.1 %	1.00
Evans Electric Ltd	40.1 Cr.	73.0	250/60.0	5.80	48.4	2.05 %	40.8 %	30.0 %	10.0
Industry Average	12,116.17 Cr	516.54		61.18	98.01	0.35%	16.40%	15.91%	6.47

All Competitor Stocks of Amalgamated Electricity Company Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	0.02	0.02	0.06	0.02	0.01	0.02	0.05	0.02	0.02	0.01	0.05	0.06	0.16
Operating Profit	-0.02	-0.02	-0.06	-0.02	-0.01	-0.02	-0.05	-0.02	-0.02	-0.01	-0.05	-0.06	-0.16
OPM %
Other Income	0.00	0.01	0.00	0.00	0.00	0.03	0.00	0.00	0.00	-0.04	0.00	0.01	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	-0.02	-0.01	-0.06	-0.02	-0.01	0.01	-0.05	-0.02	-0.02	-0.05	-0.05	-0.05	-0.16
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit	-0.02	-0.01	-0.06	-0.02	-0.01	0.01	-0.05	-0.02	-0.02	-0.05	-0.05	-0.05	-0.16
EPS in Rs	-0.07	-0.04	-0.22	-0.07	-0.04	0.04	-0.18	-0.07	-0.07	-0.18	-0.18	-0.18	-0.58

Last Updated: March 3, 2026, 12:31 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 6:16 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	0.00	0.02	0.10	0.01	0.02	0.00	0.01	0.00	0.00	0.01	0.01	0.00	0.00
Expenses	0.03	0.02	0.05	0.09	0.14	0.15	0.40	0.11	0.13	0.13	0.12	0.11	0.28
Operating Profit	-0.03	0.00	0.05	-0.08	-0.12	-0.15	-0.39	-0.11	-0.13	-0.12	-0.11	-0.11	-0.28
OPM %		0.00%	50.00%	-800.00%	-600.00%	-1,400.00%	-3,900.00%			-1,200.00%	-1,100.00%
Other Income	0.02	0.01	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.03	-0.04	-0.03
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	-0.01	0.01	0.05	-0.07	-0.11	-0.14	-0.38	-0.10	-0.12	-0.11	-0.08	-0.15	-0.31
Tax %	0.00%	0.00%	20.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit	-0.01	0.00	0.04	-0.07	-0.11	-0.14	-0.38	-0.10	-0.12	-0.11	-0.08	-0.15	-0.31
EPS in Rs	-0.04	0.00	0.14	-0.25	-0.39	-0.50	-1.37	-0.36	-0.43	-0.40	-0.29	-0.54	-1.12
Dividend Payout %	0.00%		0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	100.00%	-275.00%	-57.14%	-27.27%	-171.43%	73.68%	-20.00%	8.33%	27.27%	-87.50%
Change in YoY Net Profit Growth (%)	0.00%	-375.00%	217.86%	29.87%	-144.16%	245.11%	-93.68%	28.33%	18.94%	-114.77%

Amalgamated Electricity Company Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-100%

Compounded Profit Growth
10 Years:	%
5 Years:	12%
3 Years:	5%
TTM:	-29%

Stock Price CAGR
10 Years:	%
5 Years:	19%
3 Years:	37%
1 Year:	33%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: September 5, 2025, 2:15 pm

Balance Sheet

Last Updated: December 10, 2025, 3:47 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	1.39	1.39	1.39	1.39	1.39	1.39	1.39	1.39	1.39	1.39	1.39	1.39	1.39
Reserves	-0.57	-0.57	-0.53	-0.59	-0.70	-0.84	-1.21	-1.32	-1.44	-1.55	-1.63	-1.78	-1.88
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.69
Other Liabilities	0.05	0.06	0.05	0.10	0.22	0.37	0.75	0.87	0.35	0.47	0.50	0.62	0.03
Total Liabilities	0.87	0.88	0.91	0.90	0.91	0.92	0.93	0.94	0.30	0.31	0.26	0.23	0.23
Fixed Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.68	0.68	0.68	0.68	0.68	0.68	0.68	0.68	0.03	0.03	0.00	0.00	0.00
Other Assets	0.19	0.20	0.23	0.22	0.23	0.24	0.25	0.26	0.27	0.28	0.26	0.23	0.23
Total Assets	0.87	0.88	0.91	0.90	0.91	0.92	0.93	0.94	0.30	0.31	0.26	0.23	0.23

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.65	0.00	-0.03	0.00
Cash from Investing Activity +	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.65	0.00	0.03	0.00
Cash from Financing Activity +	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Free Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.65	0.00	-0.03	0.00
CFO/OP	0%		20%	0%	0%	0%	0%	0%	500%	0%	27%	0%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-0.03	0.00	0.05	-0.08	-0.12	-0.15	-0.39	-0.11	-0.13	-0.12	-0.11	-0.11

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days		0.00	0.00	0.00	0.00		0.00			0.00	0.00
Inventory Days
Days Payable
Cash Conversion Cycle		0.00	0.00	0.00	0.00		0.00			0.00	0.00
Working Capital Days		-1,095.00	-182.50	-3,650.00	-4,015.00		-27,375.00			-17,155.00	-18,250.00
ROCE %	-1.21%	1.22%	5.95%	-8.43%	-14.77%	-22.58%	-104.11%	-80.00%	-1,200.00%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	23.64%	23.64%	23.64%	23.64%	23.64%	23.64%	23.64%	23.64%	23.64%	23.64%	23.64%	23.64%
DIIs	1.73%	1.72%	1.72%	1.72%	1.72%	1.72%	1.72%	1.58%	1.58%	16.33%	16.33%	16.33%
Public	74.62%	74.64%	74.64%	74.63%	74.63%	74.63%	74.64%	74.78%	74.78%	60.03%	60.03%	60.03%
No. of Shareholders	6,315	6,297	6,350	6,363	6,603	6,544	6,706	6,640	6,674	6,667	6,643	6,610

Shareholding Pattern Chart

No. of Shareholders

Amalgamated Electricity Company Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	-1.08	-0.58	-0.39	-0.44	-0.37
Diluted EPS (Rs.)	-1.08	-0.58	-0.39	-0.44	-0.37
Cash EPS (Rs.)	-0.54	-0.29	-0.39	-0.44	-0.36
Book Value[Excl.RevalReserv]/Share (Rs.)	-1.41	-0.87	-0.58	-0.19	0.25
Book Value[Incl.RevalReserv]/Share (Rs.)	-1.41	-0.87	-0.58	-0.19	0.25
Revenue From Operations / Share (Rs.)	0.00	0.02	0.02	0.01	0.01
PBDIT / Share (Rs.)	-0.35	-0.29	-0.39	-0.44	-0.36
PBIT / Share (Rs.)	-0.35	-0.29	-0.39	-0.44	-0.36
PBT / Share (Rs.)	-0.35	-0.29	-0.39	-0.44	-0.36
Net Profit / Share (Rs.)	-0.54	-0.29	-0.39	-0.44	-0.36
PBDIT Margin (%)	0.00	-1073.69	-1667.92	-3010.29	-2333.56
PBIT Margin (%)	0.00	-1073.69	-1667.92	-3010.29	-2333.56
PBT Margin (%)	0.00	-1073.69	-1667.92	-3010.29	-2333.56
Net Profit Margin (%)	0.00	-1073.69	-1667.92	-3024.37	-2333.56
Return on Networth / Equity (%)	0.00	0.00	0.00	0.00	-144.21
Return on Capital Employeed (%)	25.17	33.20	66.93	231.83	-144.21
Return On Assets (%)	-66.85	-30.76	-35.57	-42.04	-10.96
Asset Turnover Ratio (%)	0.00	0.02	0.02	0.01	0.00
Current Ratio (X)	0.00	0.00	0.00	0.01	0.00
Quick Ratio (X)	0.00	0.00	0.00	0.01	0.00
Enterprise Value (Cr.)	13.60	28.49	6.82	4.16	6.27
EV / Net Operating Revenue (X)	0.00	3798.26	1048.56	1008.98	1425.83
EV / EBITDA (X)	-137.52	-353.76	-62.87	-33.52	-61.10
MarketCap / Net Operating Revenue (X)	0.00	3798.27	1048.67	1009.64	1426.12
Price / BV (X)	-34.63	-117.53	-42.11	-77.92	88.28
Price / Net Operating Revenue (X)	0.00	3800.00	1067.39	1034.48	1458.06
EarningsYield	-0.01	0.00	-0.01	-0.02	-0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Amalgamated Electricity Company Ltd. is a Public Limited Listed company incorporated on 17/06/1936 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L31100MH1936PLC002497 and registration number is 002497. Currently company belongs to the Industry of Electric Equipment - General. Company's Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 1.39 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Electric Equipment - General	G-1, Ground Floor, Nirmal Nest CHSL, Mumbai Maharashtra 400103	Contact not found

Management
Name	Position Held
Mr. Satyen Dalal	Whole Time Director
Mr. Milan Dalal	Non Executive Director
Mr. Devanshu Desai	Independent Director
Mr. B Ravindra Nath Reddy	Independent Director
Mr. Ashith Kampani	Independent Director
Mr. Krishnaprasad Ramanathan	Independent Director
Mrs. Aradhana Kurup	Independent Director
Mrs. Hinal Shah	Independent Director

FAQ

What is the intrinsic value of Amalgamated Electricity Company Ltd and is it undervalued?

As of 14 April 2026, Amalgamated Electricity Company Ltd's intrinsic value is ₹2.91, which is 93.25% lower than the current market price of ₹43.10, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (%), book value (₹1.76), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Amalgamated Electricity Company Ltd?

Amalgamated Electricity Company Ltd is trading at ₹43.10 as of 14 April 2026, with a FY2026-2027 high of ₹110 and low of ₹43.1. The stock is currently near its 52-week low. Market cap stands at ₹12.0 Cr..

How does Amalgamated Electricity Company Ltd's P/E ratio compare to its industry?

Amalgamated Electricity Company Ltd has a P/E ratio of , which is below the industry average of 61.18. This is broadly in line with or below the industry average.

Is Amalgamated Electricity Company Ltd financially healthy?

Key indicators for Amalgamated Electricity Company Ltd: ROCE of % is on the lower side compared to the industry average of 16.40%; ROE of % is below ideal levels (industry average: 15.91%). Dividend yield is 0.00 %.

Is Amalgamated Electricity Company Ltd profitable and how is the profit trend?

Amalgamated Electricity Company Ltd reported a net profit of ₹0 Cr in Mar 2025. Compared to ₹0 Cr in Mar 2022, the net profit shows a mixed trend.

Does Amalgamated Electricity Company Ltd pay dividends?

Amalgamated Electricity Company Ltd has a dividend yield of 0.00 % at the current price of ₹43.10. The company is currently not paying meaningful dividends.