Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 14 April, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Electrotherm (India) Ltd

About the Company - Electrotherm (India) Ltd

Electrotherm (India) Ltd. is a Public Limited Listed company incorporated on 29/10/1986 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L29249GJ1986PLC009126 and registration number is 009126. Currently company belongs to the Industry of Engineering - General. Company’s Total Operating Revenue is Rs. 2830.28 Cr. and Equity Capital is Rs. 12.74 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Engineering - GeneralA-1, Skylark Apartment, Satellite Road, Ahmedabad Gujarat 380015sec@electrotherm.com
http://www.electrotherm.com
Management
NamePosition Held
Mr. Dinesh MukatiNon Exe.Chairman&Ind.Director
Mr. Shailesh BhandariManaging Director
Mr. Suraj Shailesh BhandariWhole Time Director
Mr. Mukesh BhandariNon Executive Director
Ms. Nivedita SardaIndependent Director
Mr. Pratap MohanIndependent Director

Electrotherm (India) Ltd. Share Price Update

Share PriceValue
Today₹646.95
Previous Day₹634.30

Basic Stock Data of Electrotherm (India) Ltd

Last Updated: April 8, 2024, 8:15 am

Market Cap 777 Cr.
Current Price 610
High / Low610/58.2
Stock P/E2.66
Book Value 777
Dividend Yield0.00 %
ROCE9.69 %
ROE%
Face Value 10.0

Data Source: screener.in

Electrotherm (India) Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales7508936957198116076797476151,0339319851,137
Expenses6577876417157915997027355779268608941,011
Operating Profit93106554208-2312381077291126
OPM %12%12%8%1%2%1%-3%2%6%10%8%9%11%
Other Income120114311-34020
Interest1317111011141217191922138
Depreciation35182221232112121212121212
Profit before tax477222-26-14-23-45-167423968107
Tax %0%0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit477222-26-14-23-45-167423968107
EPS in Rs36.8756.3217.39-20.58-10.66-17.83-35.10-12.535.7432.6230.3652.9984.03

Last Updated: April 11, 2024, 6:27 am

Electrotherm (India) Ltd Quarterly Chart

Electrotherm (India) Ltd Profit & Loss

MonthSep 2012Sep 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2,5821,2407652,0482,1012,2592,9274,0403,2122,5182,8313,0744,087
Expenses2,7701,2639842,3622,1332,1982,7793,7373,0832,2982,7452,9403,691
Operating Profit-188-23-220-314-326114930312922086134396
OPM %-7%-2%-29%-15%-2%3%5%8%4%9%3%4%10%
Other Income287-253819204947-30-32
Interest5031071010145381954456762
Depreciation20614372159154148149143134121884948
Profit before tax-868-266-326-481-180-9131422449-40-12255
Tax %10%-0%1%0%-0%-0%1%0%0%0%0%-0%
Net Profit-782-266-322-480-180-9131422449-40-12255
EPS in Rs-681.08-231.69-280.49-416.71-156.72-71.622.32111.3218.9138.84-31.67-9.28200.00
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Electrotherm (India) Ltd Profit & Loss Yearly Chart

Electrotherm (India) Ltd Growth

Compounded Sales Growth
10 Years:2%
5 Years:1%
3 Years:-1%
TTM:54%
Compounded Profit Growth
10 Years:7%
5 Years:53%
3 Years:131%
TTM:483%
Stock Price CAGR
10 Years:41%
5 Years:24%
3 Years:78%
1 Year:944%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Electrotherm (India) Ltd Balance Sheet

MonthSep 2012Sep 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital11111111111313131313131313
Reserves-5-280-608-1,085-1,265-1,379-1,375-1,235-1,106-1,055-1,095-1,109-1,003
Preference Capital12121212410000000
Borrowings3,1763,2513,2333,1853,1463,0732,8512,6162,2942,2342,0871,9861,898
Other Liabilities421363365366408512671775720705741862911
Total Liabilities3,6033,3453,0022,4772,3002,2192,1602,1691,9201,8971,7451,7521,818
Fixed Assets1,8271,6771,6061,4571,3211,1181,027949825738698638627
CWIP23242321212217292827332632
Investments0000277777888
Other Assets1,7531,6431,3739989571,0731,1081,1841,0601,1241,0071,0811,152
Total Assets3,6033,3453,0022,4772,3002,2192,1602,1691,9201,8971,7451,7521,818

Electrotherm (India) Ltd Reserves and Borrowings Chart

Electrotherm (India) Ltd Cash Flow

MonthSep 2012Sep 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -2191246725258161344181225179107
Cash from Investing Activity -19-0-3-5-42-25-46-675-62-14-2
Cash from Financing Activity 164-31-40-46-12-52-106-262-203-104-189-103
Net Cash Flow-74-19321-1-19915-1758-242

Electrotherm (India) Ltd Financial Efficiency Indicators

MonthSep 2012Sep 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days65117194574649463036402225
Inventory Days1382872337368867870781109691
Days Payable4591103476690826072936860
Cash Conversion Cycle157314324834846414143585056
Working Capital Days-12-131-478-157-114-87-83-66-83352015
ROCE %-11%-5%-10%-20%-9%-4%1%13%2%9%0%10%

Electrotherm (India) Ltd Financial Efficiency Indicators Chart

Electrotherm (India) Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters31.31%31.31%31.31%31.31%31.31%31.31%31.04%31.04%31.04%31.04%31.04%31.04%
FIIs4.95%4.95%4.94%4.94%4.94%5.10%4.94%4.94%4.94%4.94%4.94%4.94%
DIIs0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%
Public63.66%63.65%63.67%63.67%63.67%63.50%63.94%63.95%63.94%63.95%63.95%63.94%
No. of Shareholders7,0877,1058,0218,5978,9079,8149,76710,40010,44410,41310,2239,057

Electrotherm (India) Ltd Shareholding Pattern Chart

No. of Electrotherm (India) Ltd Shareholders

This stock is not held by any mutual fund

Electrotherm (India) Ltd ROCE Trend

Electrotherm (India) Ltd EPS Trend

Electrotherm (India) Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-9.28-31.6938.8518.92111.33
Diluted EPS (Rs.)-9.28-31.6938.8518.92111.33
Cash EPS (Rs.)29.3237.31133.45124.25223.43
Book Value[Excl.RevalReserv]/Share (Rs.)-860.45-849.58-818.19-858.18-959.16
Book Value[Incl.RevalReserv]/Share (Rs.)-860.45-849.58-818.19-858.18-959.16
Revenue From Operations / Share (Rs.)2412.912222.381976.502521.113171.26
PBDIT / Share (Rs.)110.6872.98175.85111.63253.65
PBIT / Share (Rs.)72.063.9981.236.29141.55
PBT / Share (Rs.)-9.28-31.6938.8418.92111.39
Net Profit / Share (Rs.)-9.29-31.6938.8318.91111.33
NP After MI And SOA / Share (Rs.)-9.28-31.6838.8518.92111.34
PBDIT Margin (%)4.583.288.894.427.99
PBIT Margin (%)2.980.174.100.244.46
PBT Margin (%)-0.38-1.421.960.753.51
Net Profit Margin (%)-0.38-1.421.960.753.51
NP After MI And SOA Margin (%)-0.38-1.421.960.753.51
Return on Networth / Equity (%)0.000.00-4.74-2.20-11.60
Return on Capital Employeed (%)-11.06-0.72-783.423.9885.44
Return On Assets (%)-0.67-2.312.601.256.54
Long Term Debt / Equity (X)-0.22-0.33-0.97-1.16-1.16
Total Debt / Equity (X)-1.81-1.93-1.00-1.19-1.31
Asset Turnover Ratio (%)1.781.551.321.391.54
Current Ratio (X)0.400.380.530.580.56
Quick Ratio (X)0.180.160.270.290.28
Inventory Turnover Ratio (X)4.114.073.353.604.81
Interest Coverage Ratio (X)2.102.054.157.328.41
Interest Coverage Ratio (Post Tax) (X)1.370.111.920.414.69
Enterprise Value (Cr.)1982.592156.861090.551364.531762.76
EV / Net Operating Revenue (X)0.640.760.430.420.43
EV / EBITDA (X)14.0623.204.879.595.45
MarketCap / Net Operating Revenue (X)0.020.050.050.030.05
Price / BV (X)-0.06-0.13-0.13-0.10-0.18
Price / Net Operating Revenue (X)0.020.050.050.030.05
EarningsYield-0.16-0.280.340.220.61

Electrotherm (India) Ltd Profitability Ratios (%)

Electrotherm (India) Ltd Liquidity Ratios

Electrotherm (India) Ltd Liquidity Ratios (%)

Electrotherm (India) Ltd Interest Coverage Ratios (%)

Electrotherm (India) Ltd Valuation Ratios

Fair Value of Electrotherm (India) Ltd Stock

Fair Value: 316.22

The stock is overvalued by 48.16% compared to the current price ₹610

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.

*Investments are subject to market risks

Strength and Weakness of Electrotherm (India) Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -95.08, which is a positive sign.
  1. The stock has a low average ROCE of -2.00%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 105.08, which may not be favorable.
  3. The company has higher borrowings (6.85) compared to reserves (-969.23), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (61.08) and profit (-137.77).

FAQ

What is the latest fair value of Electrotherm (India) Ltd?

The latest fair value of Electrotherm (India) Ltd is 316.22.

What is the Market Cap of Electrotherm (India) Ltd?

The Market Cap of Electrotherm (India) Ltd is 777 Cr..

What is the current Stock Price of Electrotherm (India) Ltd as on 14 April 2024?

The current stock price of Electrotherm (India) Ltd as on 14 April 2024 is 610.

What is the High / Low of Electrotherm (India) Ltd stocks in FY 2024?

In FY 2024, the High / Low of Electrotherm (India) Ltd stocks is ₹610/58.2.

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

The Stock P/E of Electrotherm (India) Ltd is 2.66.

What is the Book Value of Electrotherm (India) Ltd?

The Book Value of Electrotherm (India) Ltd is 777.

What is the Dividend Yield of Electrotherm (India) Ltd?

The Dividend Yield of Electrotherm (India) Ltd is 0.00 %.

What is the ROCE of Electrotherm (India) Ltd?

The ROCE of Electrotherm (India) Ltd is 9.69 %.

What is the ROE of Electrotherm (India) Ltd?

The ROE of Electrotherm (India) Ltd is %.

What is the Face Value of Electrotherm (India) Ltd?

The Face Value of Electrotherm (India) Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Electrotherm (India) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE