About the Company - Eimco Elecon (India) Ltd
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. 84.44 Cr. and Equity Capital is Rs. 5.77 Cr. for the Year ended 31/03/2022.
Management |
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Name | Position Held |
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Mr. Pradip M Patel | Chairman |
Mr. Prayasvin B Patel | Executive Director |
Mr. Mukulnarayan Dwivedi | Executive Director |
Mr. Prashant C Amin | Director |
Mr. Nirmal P Bhogilal | Director |
Mr. Venkatraman Srinivasan | Director |
Mrs. Manjuladevi P Shroff | Director |
Ms. Reena P Bhagwati | Director |
Eimco Elecon (India) Ltd. Share Price Update |
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Share Price | Value |
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Today | ₹1,675.10 |
Previous Day | ₹1,693.30 |
Basic Stock Data of Eimco Elecon (India) Ltd
Market Cap | 987 Cr. |
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Current Price | 1,710 |
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High / Low | 1,899/333 |
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Stock P/E | 30.2 |
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Book Value | 631 |
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Dividend Yield | 0.30 % |
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ROCE | 7.96 % |
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ROE | 6.16 % |
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Face Value | 10.0 |
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Eimco Elecon (India) Ltd Quarterly Results
Month | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
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Sales | 33 | 32 | 38 | 15 | 11 | 23 | 36 | 33 | 37 | 38 | 64 | 44 | 51 |
Expenses | 30 | 29 | 37 | 14 | 10 | 20 | 31 | 35 | 31 | 32 | 51 | 41 | 38 |
Operating Profit | 3 | 3 | 1 | 1 | 1 | 3 | 5 | -1 | 6 | 6 | 13 | 2 | 13 |
OPM % | 10% | 10% | 4% | 4% | 9% | 14% | 13% | -4% | 17% | 16% | 21% | 6% | 25% |
Other Income | 3 | 3 | 1 | 2 | 3 | 2 | 3 | 0 | 5 | 3 | 2 | 5 | 4 |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Profit before tax | 4 | 4 | 1 | 1 | 2 | 3 | 5 | -3 | 9 | 7 | 14 | 6 | 15 |
Tax % | 29% | 14% | 74% | -188% | 29% | 31% | 24% | 60% | 19% | 28% | 28% | -4% | 22% |
Net Profit | 3 | 3 | 0 | 2 | 1 | 2 | 4 | -1 | 7 | 5 | 10 | 6 | 12 |
EPS in Rs | 4.84 | 5.48 | 0.40 | 2.95 | 2.13 | 3.14 | 6.55 | -2.22 | 12.98 | 8.48 | 16.94 | 10.78 | 20.46 |
Eimco Elecon (India) Ltd Quarterly Chart
Eimco Elecon (India) Ltd Profit & Loss
Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
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Sales | 178 | 172 | 193 | 196 | 140 | 171 | 140 | 185 | 108 | 126 | 84 | 173 | 197 |
Expenses | 167 | 150 | 164 | 167 | 117 | 149 | 125 | 159 | 102 | 115 | 75 | 148 | 162 |
Operating Profit | 11 | 22 | 29 | 29 | 23 | 22 | 15 | 25 | 6 | 11 | 9 | 24 | 35 |
OPM % | 6% | 13% | 15% | 15% | 16% | 13% | 11% | 14% | 5% | 9% | 11% | 14% | 18% |
Other Income | 21 | 4 | 4 | 5 | 8 | 13 | 10 | 11 | 11 | 11 | 9 | 10 | 15 |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 1 |
Depreciation | 5 | 5 | 5 | 4 | 6 | 5 | 5 | 5 | 6 | 7 | 8 | 8 | 8 |
Profit before tax | 26 | 20 | 28 | 30 | 24 | 30 | 19 | 30 | 10 | 14 | 10 | 26 | 41 |
Tax % | 20% | 25% | 28% | 28% | 26% | 16% | 15% | 24% | 8% | 21% | 14% | 21% | |
Net Profit | 20 | 15 | 20 | 22 | 17 | 25 | 16 | 23 | 9 | 11 | 9 | 21 | 33 |
EPS in Rs | 35.24 | 26.25 | 34.97 | 37.31 | 30.27 | 43.50 | 28.50 | 40.25 | 16.31 | 19.52 | 14.77 | 36.18 | 56.66 |
Dividend Payout % | 11% | 15% | 11% | 13% | 17% | 12% | 18% | 17% | 31% | 26% | 17% | 14% | |
Eimco Elecon (India) Ltd Profit & Loss Yearly Chart
Eimco Elecon (India) Ltd Growth
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Compounded Sales Growth |
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10 Years:: | 0% |
5 Years:: | 4% |
3 Years:: | 17% |
TTM:: | 53% |
Eimco Elecon (India) Ltd Growth
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Compounded Profit Growth |
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10 Years:: | 3% |
5 Years:: | 6% |
3 Years:: | 31% |
TTM:: | 177% |
Eimco Elecon (India) Ltd Growth
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Stock Price CAGR |
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10 Years:: | 29% |
5 Years:: | 32% |
3 Years:: | 71% |
1 Year:: | 286% |
Eimco Elecon (India) Ltd Growth
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Return on Equity |
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10 Years:: | 6% |
5 Years:: | 5% |
3 Years:: | 4% |
Last Year:: | 6% |
Eimco Elecon (India) Ltd Balance Sheet
Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
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Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 152 | 164 | 182 | 199 | 251 | 273 | 286 | 306 | 310 | 318 | 324 | 343 | 358 |
Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 2 | 0 | 1 | 1 |
Other Liabilities | 27 | 25 | 37 | 39 | 40 | 32 | 43 | 37 | 32 | 41 | 32 | 37 | 37 |
Total Liabilities | 185 | 195 | 225 | 244 | 297 | 311 | 335 | 350 | 350 | 367 | 362 | 387 | 402 |
Fixed Assets | 22 | 17 | 17 | 28 | 65 | 68 | 77 | 74 | 78 | 87 | 81 | 76 | 73 |
CWIP | 0 | 2 | 1 | 0 | 0 | 0 | 1 | 9 | 11 | 0 | 0 | 1 | 1 |
Investments | 50 | 62 | 71 | 75 | 126 | 143 | 142 | 149 | 153 | 155 | 153 | 165 | 170 |
Other Assets | 113 | 114 | 136 | 141 | 106 | 100 | 115 | 117 | 109 | 125 | 128 | 146 | 157 |
Total Assets | 185 | 195 | 225 | 244 | 297 | 311 | 335 | 350 | 350 | 367 | 362 | 387 | 402 |
Eimco Elecon (India) Ltd Reserves and Borrowings Chart
Eimco Elecon (India) Ltd Cash Flow
Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
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Cash from Operating Activity | 48 | 13 | 12 | 19 | 42 | 19 | 10 | 10 | 11 | 3 | -10 | 7 |
Cash from Investing Activity | -43 | -11 | -9 | -16 | -42 | -15 | -5 | -8 | -3 | 3 | 8 | -5 |
Cash from Financing Activity | -3 | -3 | -3 | -3 | -3 | -3 | -3 | -3 | -5 | -3 | -5 | -2 |
Net Cash Flow | 2 | -1 | 0 | 0 | -3 | 1 | 2 | -0 | 3 | 3 | -6 | -0 |
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Eimco Elecon (India) Ltd Financial Efficiency Indicators
Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
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Debtor Days | 104 | 103 | 181 | 164 | 135 | 104 | 157 | 120 | 104 | 178 | 169 | 112 |
Inventory Days | 144 | 220 | 87 | 105 | 211 | 139 | 199 | 147 | 349 | 204 | 705 | 320 |
Days Payable | 57 | 66 | 83 | 93 | 128 | 56 | 124 | 73 | 113 | 106 | 168 | 74 |
Cash Conversion Cycle | 191 | 257 | 184 | 177 | 218 | 187 | 232 | 194 | 340 | 276 | 706 | 357 |
Working Capital Days | 167 | 181 | 175 | 172 | 181 | 151 | 189 | 158 | 245 | 241 | 428 | 231 |
ROCE % | 11% | 13% | 15% | 14% | 9% | 11% | 7% | 10% | 3% | 5% | 3% | 8% |
Eimco Elecon (India) Ltd Financial Efficiency Indicators Chart
No valid data available for the Shareholding
Eimco Elecon (India) Ltd Shareholding Pattern Chart
No. of Eimco Elecon (India) Ltd Shareholders
This stock is not held by any mutual fund
Eimco Elecon (India) Ltd ROCE Trend
Eimco Elecon (India) Ltd EPS Trend
Eimco Elecon (India) Ltd Key Financial Ratios
Month | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
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FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Basic EPS (Rs.) | 33.85 | 15.04 | 19.55 | 16.45 | 40.17 |
Diluted EPS (Rs.) | 33.85 | 15.04 | 19.55 | 16.45 | 40.17 |
Cash EPS (Rs.) | 47.23 | 28.80 | 32.17 | 26.42 | 48.87 |
Book Value[Excl.RevalReserv]/Share (Rs.) | 608.02 | 577.01 | 567.42 | 552.89 | 544.90 |
Book Value[Incl.RevalReserv]/Share (Rs.) | 608.02 | 577.01 | 567.42 | 552.89 | 544.90 |
Revenue From Operations / Share (Rs.) | 299.38 | 146.39 | 218.15 | 187.07 | 320.25 |
PBDIT / Share (Rs.) | 57.83 | 31.90 | 38.48 | 28.69 | 62.34 |
PBIT / Share (Rs.) | 44.31 | 17.86 | 25.82 | 18.57 | 53.72 |
PBT / Share (Rs.) | 43.44 | 17.12 | 24.74 | 17.68 | 52.73 |
Net Profit / Share (Rs.) | 33.70 | 14.77 | 19.51 | 16.31 | 40.25 |
NP After MI And SOA / Share (Rs.) | 33.85 | 15.04 | 19.55 | 16.45 | 40.17 |
PBDIT Margin (%) | 19.31 | 21.78 | 17.63 | 15.33 | 19.46 |
PBIT Margin (%) | 14.80 | 12.20 | 11.83 | 9.92 | 16.77 |
PBT Margin (%) | 14.50 | 11.69 | 11.33 | 9.45 | 16.46 |
Net Profit Margin (%) | 11.25 | 10.08 | 8.94 | 8.71 | 12.56 |
NP After MI And SOA Margin (%) | 11.30 | 10.27 | 8.95 | 8.79 | 12.54 |
Return on Networth / Equity (%) | 5.56 | 2.60 | 3.44 | 2.97 | 7.37 |
Return on Capital Employeed (%) | 7.17 | 3.03 | 4.39 | 3.23 | 9.51 |
Return On Assets (%) | 5.02 | 2.37 | 3.05 | 2.68 | 6.56 |
Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
Total Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
Asset Turnover Ratio (%) | 0.45 | 0.23 | 0.34 | 0.30 | 0.53 |
Current Ratio (X) | 4.42 | 7.71 | 4.11 | 4.99 | 4.33 |
Quick Ratio (X) | 2.00 | 4.93 | 2.91 | 2.59 | 2.86 |
Inventory Turnover Ratio (X) | 0.62 | 0.76 | 0.66 | 1.00 | 1.58 |
Dividend Payout Ratio (NP) (%) | 7.38 | 33.23 | 25.58 | 42.55 | 12.44 |
Dividend Payout Ratio (CP) (%) | 5.27 | 17.19 | 15.52 | 26.34 | 10.24 |
Earning Retention Ratio (%) | 92.62 | 66.77 | 74.42 | 57.45 | 87.56 |
Cash Earning Retention Ratio (%) | 94.73 | 82.81 | 84.48 | 73.66 | 89.76 |
Interest Coverage Ratio (%) | 66.58 | 43.03 | 35.58 | 32.48 | 63.25 |
Interest Coverage Ratio (Post Tax) (%) | 39.79 | 20.92 | 19.05 | 19.46 | 41.84 |
Enterprise Value (Cr.) | 202.98 | 176.35 | 185.34 | 107.91 | 221.14 |
EV / Net Operating Revenue (X) | 1.18 | 2.09 | 1.47 | 0.99 | 1.20 |
EV / EBITDA (X) | 6.08 | 9.58 | 8.35 | 6.52 | 6.15 |
MarketCap / Net Operating Revenue (X) | 1.19 | 2.13 | 1.54 | 1.04 | 1.21 |
Retention Ratios (%) | 92.61 | 66.76 | 74.41 | 57.44 | 87.55 |
Price / BV (X) | 0.58 | 0.53 | 0.59 | 0.35 | 0.71 |
Price / Net Operating Revenue (X) | 1.19 | 2.13 | 1.54 | 1.04 | 1.21 |
EarningsYield | 0.09 | 0.04 | 0.05 | 0.08 | 0.10 |
Eimco Elecon (India) Ltd Profitability Ratios (%)
Eimco Elecon (India) Ltd Liquidity Ratios
Eimco Elecon (India) Ltd Liquidity Ratios (%)
Eimco Elecon (India) Ltd Interest Coverage Ratios (%)
Eimco Elecon (India) Ltd Valuation Ratios
Fair Value of Eimco Elecon (India) Ltd Stock
Fair Value: ₹1177.38
The stock is overvalued by 31.15% compared to the current price ₹1710
*Investments are subject to market risks
Strength and Weakness of Eimco Elecon (India) Ltd Stock
Strength | Weakness |
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The stock has a high average ROCE, which is a positive sign. The company has higher reserves compared to borrowings, indicating strong financial stability. The company has shown consistent growth in sales and profit over the years. | The stock has a high average Working Capital Days, which may not be favorable. The stock has a high average Cash Conversion Cycle, which may not be favorable. |