Empire Industries Ltd

Empire Industries Ltd

₹ 1,007 -0.79%
05 Jun - 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

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.

  • Market Cap 604 Cr.
  • Current Price 1,007
  • High / Low 1,260 / 811
  • Stock P/E 11.6
  • Book Value 586
  • Dividend Yield 2.48 %
  • ROCE 18.0 %
  • ROE 15.6 %
  • Face Value 10.0

Pros

Cons

  • The company has delivered a poor sales growth of 8.32% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 13.2% 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
178 148 154 153 152 152 163 176 186 167 180 189 195
151 132 135 146 129 135 144 158 170 151 159 171 162
Operating Profit 27 16 19 7 23 16 19 18 16 15 21 17 33
OPM % 15% 11% 12% 5% 15% 11% 12% 10% 9% 9% 12% 9% 17%
4 2 3 15 5 3 4 5 3 3 5 5 5
Interest 11 6 8 5 8 5 7 7 8 5 8 6 10
Depreciation 4 4 4 4 4 4 4 4 5 4 4 4 4
Profit before tax 16 8 10 12 15 11 11 12 6 10 14 12 24
Tax % 15% 25% 20% 16% 17% 9% 13% 9% 32% 7% 10% 12% 21%
14 6 8 10 13 10 10 11 4 10 12 11 19
EPS in Rs 22.62 10.20 13.43 17.03 21.00 16.15 16.35 17.53 7.40 16.03 20.65 17.63 31.58
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
352 385 405 473 526 575 490 544 682 606 677 731
290 324 338 411 467 500 447 485 603 542 607 644
Operating Profit 63 61 67 62 59 75 43 59 79 64 70 87
OPM % 18% 16% 17% 13% 11% 13% 9% 11% 12% 11% 10% 12%
5 5 6 27 33 12 23 10 14 25 15 18
Interest 9 10 14 16 20 32 35 27 33 27 27 28
Depreciation 12 10 9 13 11 15 19 15 17 16 17 16
Profit before tax 46 47 50 60 61 40 13 28 43 46 40 60
Tax % 26% 34% 32% 22% 28% 15% -4% 14% 17% 19% 14% 14%
34 31 34 47 44 34 13 24 36 37 34 52
EPS in Rs 56.90 51.08 56.78 77.78 73.07 56.97 22.02 39.48 59.20 61.67 57.42 85.92
Dividend Payout % 42% 47% 44% 32% 34% 44% 114% 63% 42% 41% 44% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: 8%
3 Years: 2%
TTM: 8%
Compounded Profit Growth
10 Years: 5%
5 Years: 32%
3 Years: 15%
TTM: 52%
Stock Price CAGR
10 Years: -5%
5 Years: 3%
3 Years: 14%
1 Year: -8%
Return on Equity
10 Years: 13%
5 Years: 12%
3 Years: 13%
Last Year: 16%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 131 144 177 206 231 228 241 250 277 294 308 345
94 139 130 182 225 321 259 232 183 168 150 172
188 217 231 193 214 229 207 219 274 256 286 292
Total Liabilities 419 506 544 587 677 784 713 707 740 724 751 815
135 217 215 217 213 317 303 352 317 315 304 301
CWIP 84 0 0 57 103 72 75 9 9 0 0 2
Investments 0 0 0 0 0 0 0 0 1 29 11 60
199 289 329 313 361 395 335 346 412 380 435 453
Total Assets 419 506 544 587 677 784 713 707 740 724 751 815

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
40 34 48 20 -13 40 103 53 79 75 92 59
-17 -3 -3 -49 -34 -45 -4 -2 29 -15 17 -51
-23 13 -24 17 5 -5 -82 -45 -89 -52 -59 -20
Net Cash Flow -1 44 21 -12 -41 -11 17 6 19 7 50 -13
Free Cash Flow 20 28 49 -34 -50 -9 96 44 103 64 86 46
CFO/OP 87% 77% 96% 54% 2% 66% 242% 103% 80% 132% 133% 86%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 61 74 68 71 80 70 64 83 104 97 76 68
Inventory Days 236 239 318 265 241 286 254 252 161 180 137 158
Days Payable 122 125 63 62 50 51 34 41 58 51 55 46
Cash Conversion Cycle 175 188 323 274 272 305 284 294 207 226 158 179
Working Capital Days 4 3 70 20 65 65 40 56 56 23 19 36
ROCE % 24% 22% 21% 17% 14% 14% 9% 11% 16% 15% 14% 18%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Leave and License: Occupancy Rate - Lower Parel (Empire Complex)
%

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Leave and License: Occupancy Rate - Vikhroli (Empire Plaza)
%
Total Permanent Employees
Number
Real Estate: Empire Industrial Centrum Project Size
Acres
Vitrum Glass Division: Capacity Utilization
%
Vitrum Glass Division: Daily Production Capacity
Million Bottles per day
Total Managed Commercial/IT Area
Lakh Sq. Ft.

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
72.55% 72.55% 72.55% 72.55% 72.55% 72.55% 72.55% 72.55% 72.55% 72.55% 72.55% 72.55%
7.48% 6.45% 6.38% 6.38% 6.37% 5.95% 5.95% 5.95% 5.95% 5.95% 5.95% 5.95%
19.95% 20.99% 21.06% 21.07% 21.07% 21.49% 21.50% 21.49% 21.50% 21.50% 21.49% 21.49%
No. of Shareholders 6,6226,7196,8336,9087,0447,5177,2877,3097,2217,6037,7037,582

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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