Ecoboard Industries Ltd
₹ 34.5
-4.99%
28 Oct
- close price
About
Incorporated in 1991, Ecoboard Industries Limited is engaged in manufacturing and selling of Eco-Friendly Particle Boards and Bio Systems
Key Points
- Market Cap ₹ 79.1 Cr.
- Current Price ₹ 34.5
- High / Low ₹ 42.5 / 18.5
- Stock P/E
- Book Value ₹ -2.83
- Dividend Yield 0.00 %
- ROCE -40.2 %
- ROE -239 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -12.8%
- The company has delivered a poor sales growth of 1.10% over past five years.
- Company has a low return on equity of -49.6% over last 3 years.
- Company might be capitalizing the interest cost
* 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.
Loading peers table ...
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28 | 17 | 22 | 16 | 9 | 20 | 12 | 15 | 35 | 39 | 30 | 13 | 9 | |
| 29 | 20 | 28 | 21 | 15 | 24 | 13 | 16 | 34 | 42 | 33 | 22 | 20 | |
| Operating Profit | -1 | -3 | -6 | -5 | -6 | -4 | -1 | -1 | 1 | -4 | -3 | -9 | -11 |
| OPM % | -3% | -20% | -27% | -30% | -73% | -17% | -11% | -5% | 3% | -9% | -10% | -71% | -129% |
| -0 | 2 | -2 | 0 | 0 | 2 | 20 | 16 | 4 | 4 | -2 | -8 | -7 | |
| Interest | 5 | 5 | 5 | 4 | 6 | 5 | 2 | 3 | 2 | 2 | 1 | 1 | 1 |
| Depreciation | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | -9 | -7 | -15 | -10 | -14 | -7 | 15 | 11 | 2 | -3 | -7 | -18 | -20 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% | 0% | |
| -9 | -7 | -15 | -10 | -14 | -7 | 15 | 11 | 2 | -3 | -7 | -18 | -20 | |
| EPS in Rs | -5.04 | -3.92 | -8.36 | -5.81 | -7.78 | -4.04 | 8.45 | 6.31 | 1.20 | -1.76 | -4.08 | -10.25 | -11.05 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 1% |
| 3 Years: | -28% |
| TTM: | -73% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -304% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 52% |
| 3 Years: | -10% |
| 1 Year: | 20% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -37% |
| 3 Years: | -50% |
| Last Year: | -239% |
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 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 8 | -9 | -23 | -8 | -22 | -29 | -14 | -3 | -1 | 3 | -5 | -23 |
| 29 | 33 | 39 | 42 | 45 | 48 | 40 | 30 | 24 | 25 | 15 | 22 | |
| 12 | 9 | 14 | 16 | 20 | 27 | 18 | 28 | 21 | 17 | 28 | 31 | |
| Total Liabilities | 66 | 51 | 47 | 67 | 61 | 63 | 62 | 73 | 62 | 62 | 56 | 48 |
| 26 | 17 | 16 | 40 | 37 | 35 | 24 | 21 | 20 | 27 | 19 | 18 | |
| CWIP | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 0 | 5 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 40 | 32 | 29 | 25 | 22 | 25 | 36 | 50 | 39 | 32 | 38 | 25 | |
| Total Assets | 66 | 51 | 47 | 67 | 61 | 63 | 62 | 73 | 62 | 62 | 56 | 48 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 | 1 | -0 | 1 | 1 | 0 | -7 | -2 | -6 | 3 | 0 | -1 | |
| -0 | -2 | -1 | 0 | 3 | 2 | 9 | 19 | 11 | 0 | 10 | -5 | |
| -4 | 1 | 1 | -1 | -4 | -2 | -3 | -13 | -8 | -2 | -10 | 7 | |
| Net Cash Flow | -0 | 0 | 0 | -0 | 0 | 0 | -1 | 4 | -4 | 1 | -1 | 0 |
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 | 56 | 48 | 51 | 64 | 54 | 94 | 126 | 153 | 78 | 61 | 109 | 105 |
| Inventory Days | 631 | 622 | 497 | 690 | 678 | 268 | 1,292 | 824 | 406 | 304 | 263 | 264 |
| Days Payable | 163 | 129 | 127 | 212 | 273 | 256 | 700 | 370 | 77 | 154 | 138 | 393 |
| Cash Conversion Cycle | 523 | 541 | 421 | 543 | 458 | 106 | 719 | 606 | 407 | 211 | 234 | -24 |
| Working Capital Days | 33 | -8 | -148 | -387 | -1,204 | -527 | 216 | 217 | 138 | 107 | 78 | -472 |
| ROCE % | -6% | -6% | -17% | -14% | -16% | -11% | -1% | -1% | 3% | -6% | -11% | -40% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Oct - RTA certificate confirming compliance under Reg.74(5) for quarter ended 30 Sep 2025.
- Extra Ordinary General Meeting Scheduled To Be Held On Friday, 7Th November, 2025. 14 Oct
-
Announcement under Regulation 30 (LODR)-Preferential Issue
12 Oct - Board approved preferential issue to raise ₹17.58 crore, increase authorised capital; EGM Nov 07, 2025.
-
Board Meeting Outcome for Revised Outcome -Outcome Of The Board Meeting Held On October 11Th , 2025 As per Regulation 30 Of SEBI
(LODR) Regulations, 2015
12 Oct - Board approved preferential issue: Rs17.58 crore via 18.07L warrants and 34.41L equity; EGM Nov 7, 2025
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On October 11", 2025 As per Regulation 30 Of SEBI (LODR) Regulations, 2015
11 Oct - Board approved 52,49,252 shares at Rs33.50 raising Rs17.585 crore; EGM Nov 7, 2025.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
Aug 2024TranscriptNotesPPT
Business Overview:[1]
Company is engaged in two business lines:
a) Laminated particle boards made from agri-residues mainly bagasse,
b) Anaerobic waste water treatment plants for distilleries and other industries.
Company's particle boards, marketed in the brand name Ecoboard, are 100% wood free and all purpose boards. They are meant to be an alternative to conventional wood based particle boards, plywood and other panel products. It is the first product to be given Eco mark by the Government of India for its eco-friendly properties.
Ecoboard are made from any form of agricultural waste and converted into good quality.