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.
Management |
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Name | Position Held |
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Mr. Dinesh Mukati | Non Exe.Chairman&Ind.Director |
Mr. Shailesh Bhandari | Managing Director |
Mr. Suraj Shailesh Bhandari | Whole Time Director |
Mr. Mukesh Bhandari | Non Executive Director |
Ms. Nivedita Sarda | Independent Director |
Mr. Pratap Mohan | Independent Director |
Electrotherm (India) Ltd. Share Price Update |
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Share Price | Value |
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Today | ₹213.65 |
Previous Day | ₹203.50 |
Basic Stock Data of Electrotherm (India) Ltd
Market Cap | 258 Cr. |
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Current Price | 203 |
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High / Low | 204/48.0 |
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Stock P/E | 1.34 |
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Book Value | 777 |
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Dividend Yield | 0.00 % |
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ROCE | 9.69 % |
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ROE | % |
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Face Value | 10.0 |
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Electrotherm (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 | 552 | 750 | 893 | 695 | 719 | 811 | 607 | 679 | 747 | 615 | 1,033 | 931 | 985 |
Expenses | 519 | 657 | 787 | 641 | 715 | 791 | 599 | 702 | 735 | 577 | 926 | 860 | 894 |
Operating Profit | 33 | 93 | 106 | 55 | 4 | 20 | 8 | -23 | 12 | 38 | 107 | 72 | 91 |
OPM % | 6% | 12% | 12% | 8% | 1% | 2% | 1% | -3% | 2% | 6% | 10% | 8% | 9% |
Other Income | 1 | 1 | 2 | 0 | 1 | 1 | 4 | 3 | 1 | 1 | -34 | 0 | 2 |
Interest | 20 | 13 | 17 | 11 | 10 | 11 | 14 | 12 | 17 | 19 | 19 | 22 | 13 |
Depreciation | 34 | 35 | 18 | 22 | 21 | 23 | 21 | 12 | 12 | 12 | 12 | 12 | 12 |
Profit before tax | -20 | 47 | 72 | 22 | -26 | -14 | -23 | -45 | -16 | 7 | 42 | 39 | 68 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Net Profit | -20 | 47 | 72 | 22 | -26 | -14 | -23 | -45 | -16 | 7 | 42 | 39 | 68 |
EPS in Rs | -15.41 | 36.87 | 56.32 | 17.39 | -20.58 | -10.66 | -17.83 | -35.10 | -12.53 | 5.74 | 32.62 | 30.36 | 52.99 |
Electrotherm (India) Ltd Quarterly Chart
Electrotherm (India) Ltd Profit & Loss
Month | Sep 2012 | Sep 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 | 2,582 | 1,240 | 765 | 2,048 | 2,101 | 2,259 | 2,927 | 4,040 | 3,212 | 2,518 | 2,831 | 3,074 | 3,565 |
Expenses | 2,770 | 1,263 | 984 | 2,362 | 2,133 | 2,198 | 2,779 | 3,737 | 3,083 | 2,298 | 2,745 | 2,940 | 3,257 |
Operating Profit | -188 | -23 | -220 | -314 | -32 | 61 | 149 | 303 | 129 | 220 | 86 | 134 | 308 |
OPM % | -7% | -2% | -29% | -15% | -2% | 3% | 5% | 8% | 4% | 9% | 3% | 4% | 9% |
Other Income | 28 | 7 | -25 | 3 | 8 | 1 | 9 | 20 | 49 | 4 | 7 | -30 | -31 |
Interest | 503 | 107 | 10 | 10 | 1 | 4 | 5 | 38 | 19 | 54 | 45 | 67 | 73 |
Depreciation | 206 | 143 | 72 | 159 | 154 | 148 | 149 | 143 | 134 | 121 | 88 | 49 | 49 |
Profit before tax | -868 | -266 | -326 | -481 | -180 | -91 | 3 | 142 | 24 | 49 | -40 | -12 | 155 |
Tax % | 10% | -0% | 1% | 0% | -0% | -0% | 1% | 0% | 0% | 0% | 0% | -0% | |
Net Profit | -782 | -266 | -322 | -480 | -180 | -91 | 3 | 142 | 24 | 49 | -40 | -12 | 155 |
EPS in Rs | -681.08 | -231.69 | -280.49 | -416.71 | -156.72 | -71.62 | 2.32 | 111.32 | 18.91 | 38.84 | -31.67 | -9.28 | 121.71 |
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
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Compounded Sales Growth |
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10 Years:: | 2% |
5 Years:: | 1% |
3 Years:: | -1% |
TTM:: | 25% |
Electrotherm (India) Ltd Growth
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Compounded Profit Growth |
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10 Years:: | 7% |
5 Years:: | 53% |
3 Years:: | 131% |
TTM:: | 297% |
Electrotherm (India) Ltd Growth
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Stock Price CAGR |
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10 Years:: | 28% |
5 Years:: | 4% |
3 Years:: | 23% |
1 Year:: | 172% |
Electrotherm (India) Ltd Growth
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Return on Equity |
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10 Years:: | % |
5 Years:: | % |
3 Years:: | % |
Last Year:: | % |
Electrotherm (India) Ltd Balance Sheet
Month | Sep 2012 | Sep 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 | 11 | 11 | 11 | 11 | 11 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
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 Capital | 12 | 12 | 12 | 12 | 41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Borrowings | 3,176 | 3,251 | 3,233 | 3,185 | 3,146 | 3,073 | 2,851 | 2,616 | 2,294 | 2,234 | 2,087 | 1,986 | 1,898 |
Other Liabilities | 421 | 363 | 365 | 366 | 408 | 512 | 671 | 775 | 720 | 705 | 741 | 862 | 911 |
Total Liabilities | 3,603 | 3,345 | 3,002 | 2,477 | 2,300 | 2,219 | 2,160 | 2,169 | 1,920 | 1,897 | 1,745 | 1,752 | 1,818 |
Fixed Assets | 1,827 | 1,677 | 1,606 | 1,457 | 1,321 | 1,118 | 1,027 | 949 | 825 | 738 | 698 | 638 | 627 |
CWIP | 23 | 24 | 23 | 21 | 21 | 22 | 17 | 29 | 28 | 27 | 33 | 26 | 32 |
Investments | 0 | 0 | 0 | 0 | 2 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 8 |
Other Assets | 1,753 | 1,643 | 1,373 | 998 | 957 | 1,073 | 1,108 | 1,184 | 1,060 | 1,124 | 1,007 | 1,081 | 1,152 |
Total Assets | 3,603 | 3,345 | 3,002 | 2,477 | 2,300 | 2,219 | 2,160 | 2,169 | 1,920 | 1,897 | 1,745 | 1,752 | 1,818 |
Electrotherm (India) Ltd Reserves and Borrowings Chart
Electrotherm (India) Ltd Cash Flow
Month | Sep 2012 | Sep 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 | -219 | 12 | 46 | 72 | 52 | 58 | 161 | 344 | 181 | 225 | 179 | 107 |
Cash from Investing Activity | -19 | -0 | -3 | -5 | -42 | -25 | -46 | -67 | 5 | -62 | -14 | -2 |
Cash from Financing Activity | 164 | -31 | -40 | -46 | -12 | -52 | -106 | -262 | -203 | -104 | -189 | -103 |
Net Cash Flow | -74 | -19 | 3 | 21 | -1 | -19 | 9 | 15 | -17 | 58 | -24 | 2 |
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Electrotherm (India) Ltd Financial Efficiency Indicators
Month | Sep 2012 | Sep 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 | 65 | 117 | 194 | 57 | 46 | 49 | 46 | 30 | 36 | 40 | 22 | 25 |
Inventory Days | 138 | 287 | 233 | 73 | 68 | 86 | 78 | 70 | 78 | 110 | 96 | 91 |
Days Payable | 45 | 91 | 103 | 47 | 66 | 90 | 82 | 60 | 72 | 93 | 68 | 60 |
Cash Conversion Cycle | 157 | 314 | 324 | 83 | 48 | 46 | 41 | 41 | 43 | 58 | 50 | 56 |
Working Capital Days | -12 | -131 | -478 | -157 | -114 | -87 | -83 | -66 | -83 | 35 | 20 | 15 |
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
Month | 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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Promoters | 31.31% | 31.31% | 31.31% | 31.31% | 31.31% | 31.31% | 31.04% | 31.04% | 31.04% | 31.04% | 31.04% | 31.04% |
FIIs | 4.95% | 4.95% | 4.94% | 4.94% | 4.94% | 5.10% | 4.94% | 4.94% | 4.94% | 4.94% | 4.94% | 4.94% |
DIIs | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% |
Public | 63.66% | 63.65% | 63.67% | 63.67% | 63.67% | 63.50% | 63.94% | 63.95% | 63.94% | 63.95% | 63.95% | 63.94% |
No. of Shareholders | 7,087 | 7,105 | 8,021 | 8,597 | 8,907 | 9,814 | 9,767 | 10,400 | 10,444 | 10,413 | 10,223 | 9,057 |
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
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.) | -9.28 | -31.69 | 38.85 | 18.92 | 111.33 |
Diluted EPS (Rs.) | -9.28 | -31.69 | 38.85 | 18.92 | 111.33 |
Cash EPS (Rs.) | 29.32 | 37.31 | 133.45 | 124.25 | 223.43 |
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.) | 2412.91 | 2222.38 | 1976.50 | 2521.11 | 3171.26 |
PBDIT / Share (Rs.) | 110.68 | 72.98 | 175.85 | 111.63 | 253.65 |
PBIT / Share (Rs.) | 72.06 | 3.99 | 81.23 | 6.29 | 141.55 |
PBT / Share (Rs.) | -9.28 | -31.69 | 38.84 | 18.92 | 111.39 |
Net Profit / Share (Rs.) | -9.29 | -31.69 | 38.83 | 18.91 | 111.33 |
NP After MI And SOA / Share (Rs.) | -9.28 | -31.68 | 38.85 | 18.92 | 111.34 |
PBDIT Margin (%) | 4.58 | 3.28 | 8.89 | 4.42 | 7.99 |
PBIT Margin (%) | 2.98 | 0.17 | 4.10 | 0.24 | 4.46 |
PBT Margin (%) | -0.38 | -1.42 | 1.96 | 0.75 | 3.51 |
Net Profit Margin (%) | -0.38 | -1.42 | 1.96 | 0.75 | 3.51 |
NP After MI And SOA Margin (%) | -0.38 | -1.42 | 1.96 | 0.75 | 3.51 |
Return on Networth / Equity (%) | 0.00 | 0.00 | -4.74 | -2.20 | -11.60 |
Return on Capital Employeed (%) | -11.06 | -0.72 | -783.42 | 3.98 | 85.44 |
Return On Assets (%) | -0.67 | -2.31 | 2.60 | 1.25 | 6.54 |
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 (%) | 1.78 | 1.55 | 1.32 | 1.39 | 1.54 |
Current Ratio (X) | 0.40 | 0.38 | 0.53 | 0.58 | 0.56 |
Quick Ratio (X) | 0.18 | 0.16 | 0.27 | 0.29 | 0.28 |
Inventory Turnover Ratio (X) | 4.11 | 4.07 | 3.35 | 3.60 | 4.81 |
Interest Coverage Ratio (%) | 2.10 | 2.05 | 4.15 | 7.32 | 8.41 |
Interest Coverage Ratio (Post Tax) (%) | 1.37 | 0.11 | 1.92 | 0.41 | 4.69 |
Enterprise Value (Cr.) | 1982.59 | 2156.86 | 1090.55 | 1364.53 | 1762.76 |
EV / Net Operating Revenue (X) | 0.64 | 0.76 | 0.43 | 0.42 | 0.43 |
EV / EBITDA (X) | 14.06 | 23.20 | 4.87 | 9.59 | 5.45 |
MarketCap / Net Operating Revenue (X) | 0.02 | 0.05 | 0.05 | 0.03 | 0.05 |
Price / BV (X) | -0.06 | -0.13 | -0.13 | -0.10 | -0.18 |
Price / Net Operating Revenue (X) | 0.02 | 0.05 | 0.05 | 0.03 | 0.05 |
EarningsYield | -0.16 | -0.28 | 0.34 | 0.22 | 0.61 |
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: ₹159.30
The stock is overvalued by 21.53% compared to the current price ₹203
*This is not Investment Advice
Strength and Weakness of Electrotherm (India) Ltd Stock
Strength | Weakness |
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The stock has a high average ROCE, which is a positive sign. The stock has a low average Working Capital Days, which is a positive sign. | The stock has a high average Cash Conversion Cycle, which may not be favorable. The company has higher borrowings compared to reserves, which may suggest financial risk. The company has not shown consistent growth in sales and profit. |