Electrotherm (India) Ltd
Incorporated in 1983, Electrotherm Ltd is in
the business of Engineering & Technologies, Special Steel and Electric Vehicles[1]
- Market Cap ₹ 959 Cr.
- Current Price ₹ 752
- High / Low ₹ 850 / 63.6
- Stock P/E 3.27
- Book Value ₹ -732
- Dividend Yield 0.00 %
- ROCE 10.0 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 20.2% CAGR over last 5 years
- Debtor days have improved from 29.5 to 23.4 days.
- Company's working capital requirements have reduced from 28.2 days to 13.0 days
Cons
- The company has delivered a poor sales growth of 2.37% over past five years.
- Promoter holding is low: 31.0%
- Contingent liabilities of Rs.412 Cr.
* 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: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,246 | 1,054 | 660 | 1,829 | 1,862 | 1,970 | 2,735 | 3,456 | 2,836 | 2,527 | 2,830 | 3,074 | 4,087 | |
2,414 | 1,086 | 885 | 2,122 | 1,941 | 1,889 | 2,580 | 3,157 | 2,703 | 2,301 | 2,735 | 2,940 | 3,691 | |
Operating Profit | -168 | -32 | -225 | -293 | -79 | 81 | 155 | 299 | 133 | 226 | 95 | 135 | 396 |
OPM % | -7% | -3% | -34% | -16% | -4% | 4% | 6% | 9% | 5% | 9% | 3% | 4% | 10% |
25 | 6 | -25 | 4 | 4 | -9 | 6 | 19 | 61 | 4 | -19 | -98 | -55 | |
Interest | 474 | 102 | 2 | 6 | 1 | 4 | 5 | 38 | 19 | 50 | 45 | 66 | 62 |
Depreciation | 199 | 139 | 69 | 146 | 143 | 144 | 145 | 138 | 130 | 117 | 86 | 47 | 46 |
Profit before tax | -816 | -266 | -321 | -441 | -218 | -77 | 11 | 141 | 45 | 63 | -54 | -77 | 234 |
Tax % | 11% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
-729 | -266 | -321 | -441 | -218 | -77 | 11 | 141 | 45 | 63 | -54 | -77 | 234 | |
EPS in Rs | -635.43 | -231.69 | -279.84 | -383.84 | -190.23 | -60.25 | 8.79 | 110.49 | 35.30 | 49.68 | -42.63 | -60.16 | 183.55 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 2% |
3 Years: | 3% |
TTM: | 54% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 20% |
3 Years: | 44% |
TTM: | 513% |
Stock Price CAGR | |
---|---|
10 Years: | 42% |
5 Years: | 22% |
3 Years: | 85% |
1 Year: | 1030% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | -17 | -274 | -597 | -1,036 | -1,255 | -1,285 | -1,273 | -1,134 | -984 | -920 | -973 | -1,052 | -946 |
Preference Capital | 12 | 12 | 12 | 12 | 41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
3,062 | 3,122 | 3,108 | 3,063 | 3,026 | 2,955 | 2,735 | 2,505 | 2,201 | 2,137 | 1,990 | 1,890 | 1,802 | |
366 | 322 | 327 | 322 | 370 | 474 | 616 | 727 | 688 | 666 | 736 | 858 | 907 | |
Total Liabilities | 3,423 | 3,182 | 2,849 | 2,361 | 2,153 | 2,157 | 2,091 | 2,111 | 1,918 | 1,897 | 1,765 | 1,709 | 1,776 |
1,622 | 1,481 | 1,414 | 1,277 | 1,150 | 1,026 | 939 | 862 | 764 | 680 | 641 | 620 | 611 | |
CWIP | 10 | 11 | 10 | 10 | 11 | 20 | 16 | 27 | 27 | 27 | 33 | 26 | 32 |
Investments | 122 | 127 | 127 | 127 | 49 | 46 | 46 | 46 | 46 | 46 | 46 | 10 | 10 |
1,670 | 1,563 | 1,297 | 945 | 943 | 1,065 | 1,090 | 1,175 | 1,081 | 1,143 | 1,045 | 1,053 | 1,124 | |
Total Assets | 3,423 | 3,182 | 2,849 | 2,361 | 2,153 | 2,157 | 2,091 | 2,111 | 1,918 | 1,897 | 1,765 | 1,709 | 1,776 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Sep 2012 | Sep 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-231 | 29 | 22 | 72 | 31 | 64 | 155 | 336 | 177 | 225 | 179 | 106 | |
-28 | -3 | -3 | -6 | -12 | -30 | -38 | -67 | -6 | -63 | -14 | -2 | |
185 | -41 | -17 | -50 | -26 | -50 | -103 | -253 | -184 | -104 | -189 | -102 | |
Net Cash Flow | -74 | -16 | 3 | 16 | -8 | -16 | 13 | 16 | -14 | 59 | -24 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Sep 2012 | Sep 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 72 | 134 | 225 | 69 | 61 | 64 | 52 | 38 | 44 | 42 | 23 | 23 |
Inventory Days | 139 | 304 | 220 | 66 | 68 | 96 | 80 | 79 | 88 | 107 | 95 | 90 |
Days Payable | 43 | 93 | 100 | 45 | 66 | 96 | 79 | 65 | 80 | 83 | 67 | 60 |
Cash Conversion Cycle | 169 | 345 | 345 | 89 | 63 | 64 | 53 | 51 | 52 | 66 | 50 | 54 |
Working Capital Days | -17 | -163 | -563 | -171 | -115 | -84 | -76 | -67 | -80 | 45 | 27 | 13 |
ROCE % | -11% | -6% | -10% | -19% | -11% | -3% | 1% | 13% | 2% | 9% | 1% | 10% |
Documents
Announcements
- Board Meeting Intimation For Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended On 31St March, 2024. 11 May
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 16 Apr
- Compliance Under Regulation 40(10) Of SEBI (LODR) Regulations, 2015 15 Apr
- Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 12 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Confirmation Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
Business Overview:[1]
EL is an ISO 9001:2015 certified company which caters to steel and foundry industry, transformer manufacturing, steel making, ductile iron pipe making, manufacturing of battery operated vehicles, renewable energy, transmission line tower and education. Company has 65% market share in 35 Lac KW in induction melting equipment used by the steelmaking industry in India