Empire Industries Ltd
₹ 1,133
-0.74%
29 Aug
- close price
About
Incorporated in 1900, Empire Industries Ltd manufactures container glass, trades in frozen foods, and does indenting and property development[1]
Key Points
- Market Cap ₹ 680 Cr.
- Current Price ₹ 1,133
- High / Low ₹ 1,599 / 922
- Stock P/E 19.8
- Book Value ₹ 523
- Dividend Yield 2.21 %
- ROCE 14.4 %
- ROE 11.1 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 42.1%
- Company's working capital requirements have reduced from 32.5 days to 18.6 days
Cons
- The company has delivered a poor sales growth of 3.33% over past five years.
- Tax rate seems low
- Company has a low return on equity of 12.1% over last 3 years.
- Company's cost of borrowing seems high
* 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
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
248 | 352 | 385 | 405 | 473 | 526 | 575 | 490 | 544 | 682 | 606 | 677 | 692 | |
251 | 290 | 324 | 338 | 411 | 467 | 500 | 447 | 485 | 603 | 542 | 607 | 623 | |
Operating Profit | -4 | 63 | 61 | 67 | 62 | 59 | 75 | 43 | 59 | 79 | 64 | 70 | 69 |
OPM % | -2% | 18% | 16% | 17% | 13% | 11% | 13% | 9% | 11% | 12% | 11% | 10% | 10% |
70 | 5 | 5 | 6 | 27 | 33 | 12 | 23 | 10 | 14 | 25 | 15 | 15 | |
Interest | 11 | 9 | 10 | 14 | 16 | 20 | 32 | 35 | 27 | 33 | 27 | 27 | 27 |
Depreciation | 8 | 12 | 10 | 9 | 13 | 11 | 15 | 19 | 15 | 17 | 16 | 17 | 17 |
Profit before tax | 48 | 46 | 47 | 50 | 60 | 61 | 40 | 13 | 28 | 43 | 46 | 40 | 40 |
Tax % | 24% | 26% | 34% | 32% | 22% | 28% | 15% | -4% | 14% | 17% | 19% | 14% | |
36 | 34 | 31 | 34 | 47 | 44 | 34 | 13 | 24 | 36 | 37 | 34 | 34 | |
EPS in Rs | 60.42 | 56.90 | 51.08 | 56.78 | 77.78 | 73.07 | 56.97 | 22.02 | 39.48 | 59.20 | 61.67 | 57.42 | 57.31 |
Dividend Payout % | 40% | 42% | 47% | 44% | 32% | 34% | 44% | 114% | 63% | 42% | 41% | 44% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 3% |
3 Years: | 8% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | 0% |
3 Years: | 13% |
TTM: | -15% |
Stock Price CAGR | |
---|---|
10 Years: | -2% |
5 Years: | 14% |
3 Years: | 16% |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 10% |
3 Years: | 12% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 114 | 131 | 144 | 177 | 206 | 231 | 228 | 241 | 250 | 277 | 294 | 308 |
100 | 94 | 139 | 130 | 182 | 225 | 321 | 259 | 232 | 183 | 168 | 150 | |
160 | 188 | 217 | 231 | 193 | 214 | 229 | 207 | 219 | 274 | 256 | 286 | |
Total Liabilities | 380 | 419 | 506 | 544 | 587 | 677 | 784 | 713 | 707 | 740 | 724 | 751 |
134 | 135 | 217 | 215 | 217 | 213 | 317 | 303 | 352 | 317 | 315 | 304 | |
CWIP | 70 | 84 | 0 | 0 | 57 | 103 | 72 | 75 | 9 | 9 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 29 | 11 |
175 | 199 | 289 | 329 | 313 | 361 | 395 | 335 | 346 | 412 | 380 | 435 | |
Total Assets | 380 | 419 | 506 | 544 | 587 | 677 | 784 | 713 | 707 | 740 | 724 | 751 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 40 | 34 | 48 | 20 | -13 | 40 | 103 | 53 | 79 | 75 | 92 | |
-42 | -17 | -3 | -3 | -49 | -34 | -45 | -4 | -2 | 29 | -15 | 17 | |
22 | -23 | 13 | -24 | 17 | 5 | -5 | -82 | -45 | -89 | -52 | -59 | |
Net Cash Flow | -12 | -1 | 44 | 21 | -12 | -41 | -11 | 17 | 6 | 19 | 7 | 50 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 89 | 61 | 74 | 68 | 71 | 80 | 70 | 64 | 83 | 104 | 97 | 76 |
Inventory Days | 189 | 236 | 239 | 318 | 265 | 241 | 286 | 254 | 252 | 161 | 180 | 137 |
Days Payable | 81 | 122 | 125 | 63 | 62 | 50 | 51 | 34 | 41 | 58 | 51 | 55 |
Cash Conversion Cycle | 197 | 175 | 188 | 323 | 274 | 272 | 305 | 284 | 294 | 207 | 226 | 158 |
Working Capital Days | -30 | 4 | 3 | 70 | 20 | 65 | 65 | 40 | 56 | 56 | 23 | 19 |
ROCE % | 31% | 24% | 22% | 21% | 17% | 14% | 14% | 9% | 11% | 16% | 15% | 14% |
Documents
Announcements
- Letter Of Web-Link Of Annual Report For FY 2024-2025 To Shareholders Without E-Mail Address 2d
-
Reg. 34 (1) Annual Report.
25 Aug - 124th AGM Sept 22, 2025; annual report issued; director appointments, secretarial and cost auditor matters.
-
Intimation Regarding 100 Days Campaign - 'Saksham Niveshak'
22 Aug - 100-day 'Saksham Niveshak' campaign (28 Jul–6 Nov 2025) for KYC updates and claiming unpaid dividends.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Aug - Newspaper Publications for 124th AGM Notice of Empire Industries Limited
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Aug - In supersession of earlier announcement in this regard, please find attached newspaper publications for transfer of shares to IEPF authority for FY 2017-18
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Services Offered:[1]
a) Manufacture of Amber Glass
Bottles for the Pharmaceutical
Industry.
b) Representing a number of foreign manufacturers of Precision Machine
Tools, Measuring Instruments, Testing Machines, designing and marketing of
Industrial Equipment.
c) Imports Frozen & Chilled Foods
from around the Globe and distribute
it to leading Hotels & Restaurants.
d) Provides office space on Leave
and License basis to multinational
companies and banks.
e) Developing residential, commercial
and industrial galas on the land measuring
35 Acres at Ambernath with NOC from MIDC.
f) Provides customizable co-sharing of office space solutions to clients to run their business without increasing start-up costs and overhead expenses.