Evans Electric Ltd
Incorporated in 1951, Evans Electric Ltd is a Electro-Mechanical Repair and Rewind Service company
- Market Cap ₹ 65.9 Cr.
- Current Price ₹ 240
- High / Low ₹ 281 / 93.4
- Stock P/E 16.4
- Book Value ₹ 66.3
- Dividend Yield 0.83 %
- ROCE 33.6 %
- ROE 26.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 25.6%
- Company's working capital requirements have reduced from 106 days to 15.6 days
Cons
- Company has a low return on equity of 13.5% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Miscellaneous Industry: Miscellaneous
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5.46 | 6.78 | 4.56 | 4.72 | 5.03 | 10.60 | 5.61 | 6.65 | 7.28 | 9.53 | 7.34 | 19.13 | 14.12 | |
4.79 | 5.63 | 3.90 | 4.14 | 4.25 | 6.93 | 4.77 | 4.99 | 5.71 | 8.57 | 6.12 | 14.49 | 8.58 | |
Operating Profit | 0.67 | 1.15 | 0.66 | 0.58 | 0.78 | 3.67 | 0.84 | 1.66 | 1.57 | 0.96 | 1.22 | 4.64 | 5.54 |
OPM % | 12.27% | 16.96% | 14.47% | 12.29% | 15.51% | 34.62% | 14.97% | 24.96% | 21.57% | 10.07% | 16.62% | 24.26% | 39.24% |
0.17 | 0.12 | 0.07 | 0.10 | 0.09 | 0.11 | 0.23 | 0.38 | 0.32 | 0.24 | 0.30 | 0.37 | 0.26 | |
Interest | 0.00 | 0.00 | 0.04 | 0.01 | 0.03 | 0.03 | 0.03 | 0.04 | 0.06 | 0.12 | 0.14 | 0.08 | 0.21 |
Depreciation | 0.23 | 0.27 | 0.32 | 0.32 | 0.26 | 0.31 | 0.37 | 0.27 | 0.33 | 0.23 | 0.17 | 0.19 | 0.20 |
Profit before tax | 0.61 | 1.00 | 0.37 | 0.35 | 0.58 | 3.44 | 0.67 | 1.73 | 1.50 | 0.85 | 1.21 | 4.74 | 5.39 |
Tax % | 31.15% | 31.00% | 32.43% | 34.29% | 31.03% | 31.40% | 28.36% | 29.48% | 31.33% | 31.76% | 31.40% | 22.78% | |
0.42 | 0.69 | 0.26 | 0.22 | 0.41 | 2.37 | 0.47 | 1.21 | 1.03 | 0.58 | 0.82 | 3.66 | 4.16 | |
EPS in Rs | 42.00 | 69.00 | 26.00 | 22.00 | 41.00 | 237.00 | 47.00 | 6.05 | 3.81 | 2.15 | 3.04 | 13.34 | 15.16 |
Dividend Payout % | 11.90% | 7.25% | 15.38% | 18.18% | 9.76% | 4.22% | 10.64% | 18.18% | 39.90% | 28.34% | 33.41% | 14.97% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 28% |
3 Years: | 38% |
TTM: | -23% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 48% |
3 Years: | 51% |
TTM: | 48% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 19% |
1 Year: | 90% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 13% |
3 Years: | 14% |
Last Year: | 26% |
Balance Sheet
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 1.00 | 1.37 | 1.37 | 1.37 | 2.74 | 2.74 |
Reserves | 2.74 | 3.38 | 3.59 | 3.56 | 3.93 | 6.17 | 6.48 | 7.19 | 9.26 | 9.56 | 10.22 | 12.24 | 15.46 |
0.00 | 0.00 | 0.44 | 0.00 | 0.06 | 0.48 | 0.00 | 0.00 | 0.16 | 0.11 | 0.72 | 0.00 | 0.40 | |
2.17 | 1.38 | 1.67 | 1.32 | 1.11 | 2.34 | 1.32 | 1.19 | 1.40 | 1.66 | 1.30 | 1.92 | 5.57 | |
Total Liabilities | 5.41 | 5.26 | 6.20 | 5.38 | 5.60 | 9.49 | 8.30 | 9.38 | 12.19 | 12.70 | 13.61 | 16.90 | 24.17 |
2.14 | 2.60 | 2.93 | 2.54 | 2.30 | 2.59 | 2.29 | 2.07 | 2.04 | 1.83 | 1.66 | 1.89 | 1.81 | |
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.98 | 2.73 | 3.36 | 4.69 | 9.51 | 8.27 |
3.27 | 2.66 | 3.27 | 2.84 | 3.30 | 6.90 | 6.01 | 6.33 | 7.42 | 7.51 | 7.26 | 5.50 | 14.09 | |
Total Assets | 5.41 | 5.26 | 6.20 | 5.38 | 5.60 | 9.49 | 8.30 | 9.38 | 12.19 | 12.70 | 13.61 | 16.90 | 24.17 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | -0.04 | 1.44 | -0.35 | 2.64 | 0.98 | 0.38 | -0.29 | -0.19 | 1.06 | 6.31 | |
0.00 | 0.00 | -0.59 | -0.09 | 0.05 | -0.53 | 0.13 | -0.65 | -1.80 | -0.46 | -1.20 | -5.26 | |
0.00 | 0.00 | -0.03 | -0.10 | 0.00 | 0.29 | -0.50 | -0.02 | 1.54 | -0.34 | 0.43 | -1.01 | |
Net Cash Flow | 0.00 | 0.00 | -0.66 | 1.25 | -0.30 | 2.40 | 0.60 | -0.29 | -0.55 | -0.99 | 0.29 | 0.04 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 134.37 | 64.06 | 150.48 | 61.09 | 116.83 | 52.34 | 57.25 | 56.53 | 60.16 | 91.92 | 48.73 | 10.68 |
Inventory Days | 57.74 | 56.70 | 69.27 | 64.32 | 111.28 | 150.29 | 376.90 | 58.70 | 237.25 | 29.47 | ||
Days Payable | 309.32 | 219.71 | 266.42 | 181.00 | 231.46 | 131.51 | 230.11 | 66.17 | 133.83 | 51.39 | ||
Cash Conversion Cycle | 134.37 | 64.06 | -101.10 | -101.92 | -80.32 | -64.34 | -62.93 | 75.32 | 206.96 | 84.45 | 152.15 | -11.23 |
Working Capital Days | 17.38 | 21.00 | 75.24 | 2.32 | 58.78 | 35.12 | 31.23 | 69.16 | 134.37 | 136.35 | 165.59 | 15.65 |
ROCE % | 18.97% | 28.09% | 9.75% | 8.38% | 14.27% | 59.62% | 10.33% | 23.20% | 16.12% | 8.52% | 10.88% | 33.57% |
Documents
Announcements
- Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Financial Year Ended March 31, 2024. 18 Apr
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For The Financial Year Ended March 31, 2024. 18 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Apr
- Closure of Trading Window 29 Mar
- Clarification On Price Movement Of Evans Electric Ltd ('The Company') Shares. 14 Mar
Business Overview:[1]
Company provides advancing repair, refurbishment and support services to Power Generation, Distribution, Manufacturing and Process industries, and all types of Electro-Mechanical equipment used in Industries. Company provides import substitution on costly foreign made Apparatus and also does in-house development and manufacture of costly replacement components