Eimco Elecon (India) Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 21, 2025, 2:03 pm

Market Cap	1,040 Cr.
Current Price	1,802
High / Low	3,499/1,250
Stock P/E	21.3
Book Value	713
Dividend Yield	0.28 %
ROCE	13.5 %
ROE	10.8 %
Face Value	10.0
PEG Ratio	0.62

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Eimco Elecon (India) Ltd

Competitors of Eimco Elecon (India) Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Lakshmi Engineering & Warehousing Ltd	140 Cr.	2,091	3,576/1,805	129	324	0.57 %	13.1 %	9.73 %	100
HLE Glascoat Ltd	1,893 Cr.	277	524/218	54.8	63.2	0.39 %	13.1 %	8.62 %	2.00
Harish Textile Engineers Ltd	23.4 Cr.	70.0	103/44.2		23.3	0.00 %	10.8 %	2.98 %	10.0
Disa India Ltd	2,075 Cr.	14,270	20,900/13,251	40.1	1,780	1.40 %	25.9 %	19.2 %	10.0
Cranex Ltd	61.5 Cr.	93.6	190/78.7	32.9	19.5	0.00 %	10.1 %	14.9 %	10.0
Industry Average	10,384.71 Cr	1,588.72		48.21	274.33	0.33%	18.92%	15.17%	8.81

All Competitor Stocks of Eimco Elecon (India) Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	22.63	36.00	33.48	36.89	38.09	64.24	43.78	51.15	48.26	84.30	69.72	66.63	45.84
Expenses	19.53	31.49	34.90	30.62	32.12	50.77	41.29	38.31	40.36	67.58	54.65	51.54	37.99
Operating Profit	3.10	4.51	-1.42	6.27	5.97	13.47	2.49	12.84	7.90	16.72	15.07	15.09	7.85
OPM %	13.70%	12.53%	-4.24%	17.00%	15.67%	20.97%	5.69%	25.10%	16.37%	19.83%	21.62%	22.65%	17.12%
Other Income	1.63	2.58	0.19	4.98	2.95	2.37	5.43	4.20	4.08	4.71	5.27	6.12	2.78
Interest	0.06	0.09	0.08	0.05	0.23	0.13	0.17	0.16	0.32	0.30	0.19	0.14	0.10
Depreciation	2.05	2.04	1.88	1.90	1.94	2.09	1.74	1.78	1.86	2.08	1.78	1.86	2.18
Profit before tax	2.62	4.96	-3.19	9.30	6.75	13.62	6.01	15.10	9.80	19.05	18.37	19.21	8.35
Tax %	30.92%	23.59%	-59.87%	19.46%	27.70%	28.34%	-3.66%	21.85%	22.96%	22.10%	19.49%	32.01%	25.99%
Net Profit	1.81	3.78	-1.28	7.49	4.89	9.77	6.22	11.80	7.55	14.84	14.78	13.06	6.19
EPS in Rs	3.14	6.55	-2.22	12.98	8.48	16.94	10.78	20.46	13.09	25.73	25.62	22.64	10.73

Last Updated: March 3, 2025, 4:39 pm

Below is a detailed analysis of the quarterly data for Eimco Elecon (India) Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 45.84 Cr.. The value appears to be declining and may need further review. It has decreased from 66.63 Cr. (Sep 2024) to 45.84 Cr., marking a decrease of 20.79 Cr..
For Expenses, as of Dec 2024, the value is 37.99 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 51.54 Cr. (Sep 2024) to 37.99 Cr., marking a decrease of 13.55 Cr..
For Operating Profit, as of Dec 2024, the value is 7.85 Cr.. The value appears to be declining and may need further review. It has decreased from 15.09 Cr. (Sep 2024) to 7.85 Cr., marking a decrease of 7.24 Cr..
For OPM %, as of Dec 2024, the value is 17.12%. The value appears to be declining and may need further review. It has decreased from 22.65% (Sep 2024) to 17.12%, marking a decrease of 5.53%.
For Other Income, as of Dec 2024, the value is 2.78 Cr.. The value appears to be declining and may need further review. It has decreased from 6.12 Cr. (Sep 2024) to 2.78 Cr., marking a decrease of 3.34 Cr..
For Interest, as of Dec 2024, the value is 0.10 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.14 Cr. (Sep 2024) to 0.10 Cr., marking a decrease of 0.04 Cr..
For Depreciation, as of Dec 2024, the value is 2.18 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.86 Cr. (Sep 2024) to 2.18 Cr., marking an increase of 0.32 Cr..
For Profit before tax, as of Dec 2024, the value is 8.35 Cr.. The value appears to be declining and may need further review. It has decreased from 19.21 Cr. (Sep 2024) to 8.35 Cr., marking a decrease of 10.86 Cr..
For Tax %, as of Dec 2024, the value is 25.99%. The value appears to be improving (decreasing) as expected. It has decreased from 32.01% (Sep 2024) to 25.99%, marking a decrease of 6.02%.
For Net Profit, as of Dec 2024, the value is 6.19 Cr.. The value appears to be declining and may need further review. It has decreased from 13.06 Cr. (Sep 2024) to 6.19 Cr., marking a decrease of 6.87 Cr..
For EPS in Rs, as of Dec 2024, the value is 10.73. The value appears to be declining and may need further review. It has decreased from 22.64 (Sep 2024) to 10.73, marking a decrease of 11.91.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:24 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	172	193	196	140	171	140	185	108	126	84	173	228	266
Expenses	150	164	167	117	149	125	159	102	115	75	148	187	212
Operating Profit	22	29	29	23	22	15	25	6	11	9	24	40	55
OPM %	13%	15%	15%	16%	13%	11%	14%	5%	9%	11%	14%	18%	21%
Other Income	4	4	5	8	13	10	11	11	11	9	10	18	19
Interest	0	0	0	0	0	1	1	1	1	0	0	1	1
Depreciation	5	5	4	6	5	5	5	6	7	8	8	7	8
Profit before tax	20	28	30	24	30	19	30	10	14	10	26	50	65
Tax %	25%	28%	28%	26%	16%	15%	24%	8%	21%	14%	21%	19%
Net Profit	15	20	22	17	25	16	23	9	11	9	21	40	49
EPS in Rs	26.25	34.97	37.31	30.27	43.50	28.50	40.25	16.31	19.52	14.77	36.18	70.05	84.72
Dividend Payout %	15%	11%	13%	17%	12%	18%	17%	31%	26%	17%	14%	7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	33.33%	10.00%	-22.73%	47.06%	-36.00%	43.75%	-60.87%	22.22%	-18.18%	133.33%	90.48%
Change in YoY Net Profit Growth (%)	0.00%	-23.33%	-32.73%	69.79%	-83.06%	79.75%	-104.62%	83.09%	-40.40%	151.52%	-42.86%

Eimco Elecon (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	2%
5 Years:	4%
3 Years:	22%
TTM:	28%

Compounded Profit Growth
10 Years:	8%
5 Years:	11%
3 Years:	52%
TTM:	38%

Stock Price CAGR
10 Years:	16%
5 Years:	50%
3 Years:	70%
1 Year:	-12%

Return on Equity
10 Years:	6%
5 Years:	5%
3 Years:	7%
Last Year:	11%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 12:35 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	6	6	6	6	6	6	6	6	6	6	6	6	6
Reserves	164	182	199	251	273	286	306	310	318	324	343	380	405
Borrowings	0	0	0	0	0	1	2	3	2	0	1	0	1
Other Liabilities	25	37	39	40	32	43	37	32	41	32	37	64	61
Total Liabilities	195	225	244	297	311	335	350	350	367	362	387	450	473
Fixed Assets	17	17	28	65	68	77	74	78	87	81	76	73	72
CWIP	2	1	0	0	0	1	9	11	0	0	1	0	1
Investments	62	71	75	126	143	142	149	153	155	153	165	180	202
Other Assets	114	136	141	106	100	115	117	109	125	128	146	197	198
Total Assets	195	225	244	297	311	335	350	350	367	362	387	450	473

Below is a detailed analysis of the balance sheet data for Eimco Elecon (India) Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹6.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 6.00 Cr..
For Reserves, as of Sep 2024, the value is ₹405.00 Cr.. The value appears strong and on an upward trend. It has increased from 380.00 Cr. (Mar 2024) to ₹405.00 Cr., marking an increase of 25.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹1.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 0.00 Cr. (Mar 2024) to ₹1.00 Cr., marking an increase of 1.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹61.00 Cr.. The value appears to be improving (decreasing). It has decreased from 64.00 Cr. (Mar 2024) to ₹61.00 Cr., marking a decrease of 3.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹473.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 450.00 Cr. (Mar 2024) to ₹473.00 Cr., marking an increase of 23.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹72.00 Cr.. The value appears to be declining and may need further review. It has decreased from 73.00 Cr. (Mar 2024) to ₹72.00 Cr., marking a decrease of 1.00 Cr..
For CWIP, as of Sep 2024, the value is ₹1.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to ₹1.00 Cr., marking an increase of 1.00 Cr..
For Investments, as of Sep 2024, the value is ₹202.00 Cr.. The value appears strong and on an upward trend. It has increased from 180.00 Cr. (Mar 2024) to ₹202.00 Cr., marking an increase of 22.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹198.00 Cr.. The value appears strong and on an upward trend. It has increased from 197.00 Cr. (Mar 2024) to ₹198.00 Cr., marking an increase of 1.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹473.00 Cr.. The value appears strong and on an upward trend. It has increased from 450.00 Cr. (Mar 2024) to ₹473.00 Cr., marking an increase of 23.00 Cr..

Notably, the Reserves (405.00 Cr.) exceed the Borrowings (1.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	13	12	19	42	19	10	10	11	3	-10	7	12
Cash from Investing Activity +	-11	-9	-16	-42	-15	-5	-8	-3	3	8	-5	-2
Cash from Financing Activity +	-3	-3	-3	-3	-3	-3	-3	-5	-3	-5	-2	-4
Net Cash Flow	-1	0	0	-3	1	2	-0	3	3	-6	-0	5

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	22.00	29.00	29.00	23.00	22.00	14.00	23.00	3.00	9.00	9.00	23.00	40.00

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 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	103	181	164	135	104	157	120	104	178	169	112	150
Inventory Days	220	87	105	211	139	199	147	349	204	705	320	270
Days Payable	66	83	93	128	56	124	73	113	106	168	74	86
Cash Conversion Cycle	257	184	177	218	187	232	194	340	276	706	357	335
Working Capital Days	181	175	172	181	151	189	158	245	241	428	231	207
ROCE %	13%	15%	14%	9%	11%	7%	10%	3%	5%	3%	8%	14%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	74.06%	74.06%	74.06%	74.06%	74.06%	74.06%	74.06%	74.06%	74.06%	74.06%	74.06%	73.64%
FIIs	0.00%	0.02%	0.00%	0.02%	0.00%	0.01%	0.00%	0.00%	0.20%	0.10%	0.10%	0.28%
DIIs	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.36%	0.37%	0.75%
Public	25.94%	25.92%	25.95%	25.93%	25.96%	25.93%	25.94%	25.95%	25.74%	25.47%	25.47%	25.32%
No. of Shareholders	8,806	8,691	8,110	7,755	7,674	7,431	6,764	8,906	8,348	9,935	12,281	12,758

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.)	66.83	33.85	15.04	19.55	16.45
Diluted EPS (Rs.)	66.83	33.85	15.04	19.55	16.45
Cash EPS (Rs.)	79.74	47.23	28.80	32.17	26.42
Book Value[Excl.RevalReserv]/Share (Rs.)	669.46	608.02	577.01	567.42	552.89
Book Value[Incl.RevalReserv]/Share (Rs.)	669.46	608.02	577.01	567.42	552.89
Revenue From Operations / Share (Rs.)	394.39	299.38	146.39	218.15	187.07
PBDIT / Share (Rs.)	97.91	57.83	31.90	38.48	28.69
PBIT / Share (Rs.)	84.97	44.31	17.86	25.82	18.57
PBT / Share (Rs.)	83.33	43.44	17.12	24.74	17.68
Net Profit / Share (Rs.)	66.80	33.70	14.77	19.51	16.31
NP After MI And SOA / Share (Rs.)	66.83	33.85	15.04	19.55	16.45
PBDIT Margin (%)	24.82	19.31	21.78	17.63	15.33
PBIT Margin (%)	21.54	14.80	12.20	11.83	9.92
PBT Margin (%)	21.12	14.50	11.69	11.33	9.45
Net Profit Margin (%)	16.93	11.25	10.08	8.94	8.71
NP After MI And SOA Margin (%)	16.94	11.30	10.27	8.95	8.79
Return on Networth / Equity (%)	9.98	5.56	2.60	3.44	2.97
Return on Capital Employeed (%)	12.51	7.17	3.03	4.39	3.23
Return On Assets (%)	8.55	5.02	2.37	3.05	2.68
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.00	0.01
Total Debt / Equity (X)	0.00	0.00	0.00	0.00	0.01
Asset Turnover Ratio (%)	0.54	0.45	0.23	0.34	0.30
Current Ratio (X)	3.44	4.42	7.71	4.11	4.99
Quick Ratio (X)	1.98	2.00	4.93	2.91	2.59
Inventory Turnover Ratio (X)	1.05	0.62	0.76	0.66	1.00
Dividend Payout Ratio (NP) (%)	7.48	7.38	33.23	25.58	42.55
Dividend Payout Ratio (CP) (%)	6.26	5.27	17.19	15.52	26.34
Earning Retention Ratio (%)	92.52	92.62	66.77	74.42	57.45
Cash Earning Retention Ratio (%)	93.74	94.73	82.81	84.48	73.66
Interest Coverage Ratio (X)	59.87	66.58	43.03	35.58	32.48
Interest Coverage Ratio (Post Tax) (X)	41.84	39.79	20.92	19.05	19.46
Enterprise Value (Cr.)	869.99	202.98	176.35	185.34	107.91
EV / Net Operating Revenue (X)	3.82	1.18	2.09	1.47	0.99
EV / EBITDA (X)	15.40	6.08	9.58	8.35	6.52
MarketCap / Net Operating Revenue (X)	3.86	1.19	2.13	1.54	1.04
Retention Ratios (%)	92.51	92.61	66.76	74.41	57.44
Price / BV (X)	2.27	0.58	0.53	0.59	0.35
Price / Net Operating Revenue (X)	3.86	1.19	2.13	1.54	1.04
EarningsYield	0.04	0.09	0.04	0.05	0.08

After reviewing the key financial ratios for Eimco Elecon (India) Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 66.83. This value is within the healthy range. It has increased from 33.85 (Mar 23) to 66.83, marking an increase of 32.98.
For Diluted EPS (Rs.), as of Mar 24, the value is 66.83. This value is within the healthy range. It has increased from 33.85 (Mar 23) to 66.83, marking an increase of 32.98.
For Cash EPS (Rs.), as of Mar 24, the value is 79.74. This value is within the healthy range. It has increased from 47.23 (Mar 23) to 79.74, marking an increase of 32.51.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 669.46. It has increased from 608.02 (Mar 23) to 669.46, marking an increase of 61.44.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 669.46. It has increased from 608.02 (Mar 23) to 669.46, marking an increase of 61.44.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 394.39. It has increased from 299.38 (Mar 23) to 394.39, marking an increase of 95.01.
For PBDIT / Share (Rs.), as of Mar 24, the value is 97.91. This value is within the healthy range. It has increased from 57.83 (Mar 23) to 97.91, marking an increase of 40.08.
For PBIT / Share (Rs.), as of Mar 24, the value is 84.97. This value is within the healthy range. It has increased from 44.31 (Mar 23) to 84.97, marking an increase of 40.66.
For PBT / Share (Rs.), as of Mar 24, the value is 83.33. This value is within the healthy range. It has increased from 43.44 (Mar 23) to 83.33, marking an increase of 39.89.
For Net Profit / Share (Rs.), as of Mar 24, the value is 66.80. This value is within the healthy range. It has increased from 33.70 (Mar 23) to 66.80, marking an increase of 33.10.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 66.83. This value is within the healthy range. It has increased from 33.85 (Mar 23) to 66.83, marking an increase of 32.98.
For PBDIT Margin (%), as of Mar 24, the value is 24.82. This value is within the healthy range. It has increased from 19.31 (Mar 23) to 24.82, marking an increase of 5.51.
For PBIT Margin (%), as of Mar 24, the value is 21.54. This value exceeds the healthy maximum of 20. It has increased from 14.80 (Mar 23) to 21.54, marking an increase of 6.74.
For PBT Margin (%), as of Mar 24, the value is 21.12. This value is within the healthy range. It has increased from 14.50 (Mar 23) to 21.12, marking an increase of 6.62.
For Net Profit Margin (%), as of Mar 24, the value is 16.93. This value exceeds the healthy maximum of 10. It has increased from 11.25 (Mar 23) to 16.93, marking an increase of 5.68.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 16.94. This value is within the healthy range. It has increased from 11.30 (Mar 23) to 16.94, marking an increase of 5.64.
For Return on Networth / Equity (%), as of Mar 24, the value is 9.98. This value is below the healthy minimum of 15. It has increased from 5.56 (Mar 23) to 9.98, marking an increase of 4.42.
For Return on Capital Employeed (%), as of Mar 24, the value is 12.51. This value is within the healthy range. It has increased from 7.17 (Mar 23) to 12.51, marking an increase of 5.34.
For Return On Assets (%), as of Mar 24, the value is 8.55. This value is within the healthy range. It has increased from 5.02 (Mar 23) to 8.55, marking an increase of 3.53.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.54. It has increased from 0.45 (Mar 23) to 0.54, marking an increase of 0.09.
For Current Ratio (X), as of Mar 24, the value is 3.44. This value exceeds the healthy maximum of 3. It has decreased from 4.42 (Mar 23) to 3.44, marking a decrease of 0.98.
For Quick Ratio (X), as of Mar 24, the value is 1.98. This value is within the healthy range. It has decreased from 2.00 (Mar 23) to 1.98, marking a decrease of 0.02.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 1.05. This value is below the healthy minimum of 4. It has increased from 0.62 (Mar 23) to 1.05, marking an increase of 0.43.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 7.48. This value is below the healthy minimum of 20. It has increased from 7.38 (Mar 23) to 7.48, marking an increase of 0.10.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 6.26. This value is below the healthy minimum of 20. It has increased from 5.27 (Mar 23) to 6.26, marking an increase of 0.99.
For Earning Retention Ratio (%), as of Mar 24, the value is 92.52. This value exceeds the healthy maximum of 70. It has decreased from 92.62 (Mar 23) to 92.52, marking a decrease of 0.10.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 93.74. This value exceeds the healthy maximum of 70. It has decreased from 94.73 (Mar 23) to 93.74, marking a decrease of 0.99.
For Interest Coverage Ratio (X), as of Mar 24, the value is 59.87. This value is within the healthy range. It has decreased from 66.58 (Mar 23) to 59.87, marking a decrease of 6.71.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 41.84. This value is within the healthy range. It has increased from 39.79 (Mar 23) to 41.84, marking an increase of 2.05.
For Enterprise Value (Cr.), as of Mar 24, the value is 869.99. It has increased from 202.98 (Mar 23) to 869.99, marking an increase of 667.01.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.82. This value exceeds the healthy maximum of 3. It has increased from 1.18 (Mar 23) to 3.82, marking an increase of 2.64.
For EV / EBITDA (X), as of Mar 24, the value is 15.40. This value exceeds the healthy maximum of 15. It has increased from 6.08 (Mar 23) to 15.40, marking an increase of 9.32.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.86. This value exceeds the healthy maximum of 3. It has increased from 1.19 (Mar 23) to 3.86, marking an increase of 2.67.
For Retention Ratios (%), as of Mar 24, the value is 92.51. This value exceeds the healthy maximum of 70. It has decreased from 92.61 (Mar 23) to 92.51, marking a decrease of 0.10.
For Price / BV (X), as of Mar 24, the value is 2.27. This value is within the healthy range. It has increased from 0.58 (Mar 23) to 2.27, marking an increase of 1.69.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.86. This value exceeds the healthy maximum of 3. It has increased from 1.19 (Mar 23) to 3.86, marking an increase of 2.67.
For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.09 (Mar 23) to 0.04, marking a decrease of 0.05.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Eimco Elecon (India) Ltd as of April 22, 2025 is: 1,315.82

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 April 22, 2025, Eimco Elecon (India) Ltd is Overvalued by 26.98% compared to the current share price 1,802.00

Intrinsic Value of Eimco Elecon (India) Ltd as of April 22, 2025 is: 1,764.81

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 April 22, 2025, Eimco Elecon (India) Ltd is Overvalued by 2.06% compared to the current share price 1,802.00

Last 5 Year EPS CAGR: 34.12%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (287.77 cr) compared to borrowings (0.77 cr), indicating strong financial stability. The company has shown consistent growth in sales (167.85 cr) and profit (27.38 cr) over the years.	The stock has a low average ROCE of 9.33%, which may not be favorable. The stock has a high average Working Capital Days of 213.25, which may not be favorable. The stock has a high average Cash Conversion Cycle of 288.58, 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 Eimco Elecon (India) Ltd:
1. Net Profit Margin: 16.93%
  - 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: 12.51% (Industry Average ROCE: 18.92%)
  - 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%: 9.98% (Industry Average ROE: 14.68%)
  - 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): 41.84
  - 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: 1.98
  - 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: 21.3 (Industry average Stock P/E: 43.55)
  - 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
  - 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

Eimco Elecon (India) Ltd. is a Public Limited Listed company incorporated on 31/07/1974 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L29199GJ1974PLC002574 and registration number is 002574. Currently Company is involved in the business activities of Manufacture of machinery for mining, quarrying and construction. Company's Total Operating Revenue is Rs. 227.50 Cr. and Equity Capital is Rs. 5.77 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Engineering - Heavy	Anand-Sojitra Road, Vallabh Vidyanagar, Anand Dist. Gujarat 388120	investor@eimcoelecon.in http://www.eimcoelecon.in

Management
Name	Position Held
Mr. Pradip M Patel	Chairman & Non-Exe.Director
Mr. Prayasvin B Patel	Executive Director
Mr. Mukulnarayan Dwivedi	Executive Director
Mr. Venkatraman Srinivasan	Independent Director
Mrs. Manjuladevi P Shroff	Independent Director
Ms. Reena P Bhagwati	Independent Director
Mr. Jai S Diwanji	Independent Director
Mr. Prashant C Amin	Nominee Director

FAQ

What is the intrinsic value of Eimco Elecon (India) Ltd?

Eimco Elecon (India) Ltd's intrinsic value (as of 22 April 2025) is ₹1315.82 — 26.98% lower the current market price of 1,802.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,040 Cr. market cap, FY2025-2026 high/low of ₹3,499/1,250, reserves of 405 Cr, and liabilities of 473 Cr.

What is the Market Cap of Eimco Elecon (India) Ltd?

The Market Cap of Eimco Elecon (India) Ltd is 1,040 Cr..

What is the current Stock Price of Eimco Elecon (India) Ltd as on 22 April 2025?

The current stock price of Eimco Elecon (India) Ltd as on 22 April 2025 is 1,802.

What is the High / Low of Eimco Elecon (India) Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Eimco Elecon (India) Ltd stocks is ₹3,499/1,250.

What is the Stock P/E of Eimco Elecon (India) Ltd?

The Stock P/E of Eimco Elecon (India) Ltd is 21.3.

What is the Book Value of Eimco Elecon (India) Ltd?

The Book Value of Eimco Elecon (India) Ltd is 713.

What is the Dividend Yield of Eimco Elecon (India) Ltd?

The Dividend Yield of Eimco Elecon (India) Ltd is 0.28 %.

What is the ROCE of Eimco Elecon (India) Ltd?

The ROCE of Eimco Elecon (India) Ltd is 13.5 %.

What is the ROE of Eimco Elecon (India) Ltd?

The ROE of Eimco Elecon (India) Ltd is 10.8 %.

What is the Face Value of Eimco Elecon (India) Ltd?

The Face Value of Eimco Elecon (India) Ltd is 10.0.