Ecoboard Industries Ltd
            ₹ 34.5
            
              
                
                0.00%
              
            
          
          
            
              04 Nov
              
                10:02 a.m.
              
            
          
        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 ₹ 79.2 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: | 19% | 
| 5 Years: | 53% | 
| 3 Years: | -9% | 
| 1 Year: | 15% | 
| 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
- 
        
          Announcement under Regulation 30 (LODR)-Preferential Issue
          
            14h - Corrigendum: proposed allottee changed to Satya Sri R. Raju Pinnamraju for 50,000 shares (cash); EGM Nov 7, 2025.
 - Corrigendum To The Notice Calling EGM To Be Held On 07Th November, 2025 14h
 - 
        
          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.
 
Annual reports
- 
    
      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
 
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.