IEL Ltd

AI

IEL Ltd

₹ 5.19 -0.19%
23 Oct 2:13 p.m.
About

Incorporated in 1956, IEL Ltd is engaged to build, run, manage and otherwise of Warehousing, Storage house, godowns, cold storage and other related activities including trading of chemicals.[1]

Key Points

Business Overview:[1][2]
IEL is engaged in manufacturing, trading, and marketing of a wide spectrum of chemicals, pharmaceuticals, and drug intermediates. Alongside, it undertakes diverse service activities including warehousing, leasing, renting, hire‑purchase, market support services, distribution, IT consultancy, health and medical services, business support, advisory and research services, industrial and project consultancy, and outsourcing solutions.
The company has established trading,
export, and indenting operations in the
chemicals and commodities and is now
working on strengthening its presence
and scaling up these businesses.
At the same time, the management
is pursuing diversification into new
sectors such as Warehousing and
Solar Power Projects.

  • Market Cap ₹ 67.7 Cr.
  • Current Price ₹ 5.19
  • High / Low ₹ 8.86 / 4.81
  • Stock P/E 45.4
  • Book Value ₹ 3.45
  • Dividend Yield 0.00 %
  • ROCE 0.74 %
  • ROE 0.40 %
  • Face Value ₹ 1.00

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 0.21% over past five years.
  • Company has a low return on equity of 1.27% over last 3 years.
  • Earnings include an other income of Rs.0.74 Cr.
  • Debtor days have increased from 58.3 to 139 days.
  • Working capital days have increased from 4,733 days to 12,926 days

* 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

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
1.61 1.04 5.49 9.12 5.31 0.00 0.40 0.01 0.00 0.00 0.55 0.42 0.50
1.52 1.08 5.35 8.93 5.12 0.05 0.13 0.27 0.78 0.13 0.10 0.01 0.12
Operating Profit 0.09 -0.04 0.14 0.19 0.19 -0.05 0.27 -0.26 -0.78 -0.13 0.45 0.41 0.38
OPM % 5.59% -3.85% 2.55% 2.08% 3.58% 67.50% -2,600.00% 81.82% 97.62% 76.00%
0.00 0.00 0.00 0.00 0.22 0.22 0.02 0.00 0.05 0.00 0.03 0.32 0.39
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.00
Depreciation 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Profit before tax 0.08 -0.05 0.13 0.18 0.40 0.16 0.28 -0.27 -0.74 -0.14 0.47 0.65 0.76
Tax % 25.00% 0.00% 15.38% 27.78% 25.00% 18.75% 25.00% -18.52% 0.00% 0.00% 2.13% 9.23% 25.00%
0.06 -0.05 0.11 0.14 0.31 0.13 0.21 -0.22 -0.74 -0.14 0.47 0.59 0.57
EPS in Rs 0.00 -0.00 0.01 0.01 0.02 0.01 0.02 -0.02 -0.06 -0.01 0.04 0.05 0.04
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 TTM
0.02 -0.06 0.00 1.26 2.12 3.87 0.96 0.64 10.19 17.26 6.16 0.97 1.47
2.15 0.29 0.32 1.42 2.22 3.98 1.11 0.82 8.64 16.88 5.55 1.01 0.36
Operating Profit -2.13 -0.35 -0.32 -0.16 -0.10 -0.11 -0.15 -0.18 1.55 0.38 0.61 -0.04 1.11
OPM % -10,650.00% -12.70% -4.72% -2.84% -15.62% -28.12% 15.21% 2.20% 9.90% -4.12% 75.51%
0.17 0.05 0.20 0.20 0.32 0.22 0.38 0.59 0.87 0.00 0.01 0.40 0.74
Interest 0.00 0.03 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.07
Depreciation 0.17 0.11 0.10 0.10 0.09 0.09 0.09 0.09 0.07 0.03 0.03 0.02 0.04
Profit before tax -2.13 -0.44 -0.22 -0.07 0.13 0.02 0.14 0.32 2.35 0.35 0.59 0.26 1.74
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.43% 25.71% 25.42% 26.92%
-2.13 -0.44 -0.22 -0.07 0.12 0.02 0.14 0.32 2.37 0.26 0.43 0.18 1.49
EPS in Rs -0.16 -0.03 -0.02 -0.01 0.01 0.00 0.01 0.02 0.18 0.02 0.03 0.01 0.12
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 0%
3 Years: -54%
TTM: 259%
Compounded Profit Growth
10 Years: 9%
5 Years: 5%
3 Years: -58%
TTM: 340%
Stock Price CAGR
10 Years: 13%
5 Years: 24%
3 Years: -16%
1 Year: -41%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 1%
Last Year: 0%

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 3.34 3.34 3.34 3.34 3.34 3.34 3.34 3.34 3.34 3.34 13.04 13.04
Reserves -1.13 -1.57 -0.90 -1.86 -1.74 -1.72 -1.58 -1.26 -2.37 -2.11 31.79 31.97
0.91 1.00 0.01 0.91 0.91 0.90 0.91 0.91 0.90 0.90 0.90 0.90
1.31 1.53 1.76 3.90 1.55 2.13 1.37 1.65 1.67 1.63 1.19 1.19
Total Liabilities 4.43 4.30 4.21 6.29 4.06 4.65 4.04 4.64 3.54 3.76 46.92 47.10
4.21 4.09 3.99 3.89 3.80 3.71 3.62 3.53 0.20 0.17 0.05 0.05
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.22 0.21 0.22 2.40 0.26 0.94 0.42 1.11 3.34 3.59 46.87 35.05
Total Assets 4.43 4.30 4.21 6.29 4.06 4.65 4.04 4.64 3.54 3.76 46.92 47.10

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
-0.91 -0.28 0.00 -0.04 0.03 0.53 -0.56 0.14 0.93 -0.50 2.11 -0.04
0.11 -0.01 0.00 0.00 0.00 0.00 0.00 0.01 -0.21 0.00 -20.97 -25.03
0.87 0.27 0.00 -0.01 0.00 0.00 0.01 0.00 -0.01 0.00 43.67 -0.07
Net Cash Flow 0.07 -0.02 0.00 -0.06 0.03 0.53 -0.56 0.15 0.71 -0.50 24.81 -25.15
Free Cash Flow -0.91 -0.28 0.00 -0.04 0.03 0.53 -0.56 0.15 0.72 -0.50 2.24 -12.06
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 43% 80% 0% 25% -30% -482% 373% -78% 60% -132% 346% 100%

Ratios

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 0.00 0.00 353.41 6.89 20.75 114.06 285.16 82.03 35.10 0.59 139.23
Inventory Days 0.00 300.40 0.00 0.00 0.00 0.00 0.00 22.52 0.00
Days Payable 694.47 34.34
Cash Conversion Cycle 0.00 0.00 -40.66 6.89 20.75 114.06 285.16 82.03 23.29 0.59 139.23
Working Capital Days -21,170.00 -8,942.50 8.69 -13.77 -72.62 15.21 182.50 26.51 32.36 1,240.76 12,925.52
ROCE % -51.31% -13.92% -8.43% -2.48% 0.82% 0.80% 5.39% 11.31% 96.30% 17.50% 2.51% 0.74%

Insights

In beta
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Jun 2027 (P) Jun 2028 (P)
Export Sales as % of Total Revenue from Operations
%

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Number of Permanent Employees
employees
Planned Warehousing Land Acquisition per Phase
bigha
Planned Total Warehousing Leasable Area
lakh sqft

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
44.97% 20.47% 11.11% 7.37% 7.37% 0.96% 0.96% 0.00% 0.00% 0.00% 0.00% 0.00%
0.13% 0.13% 0.13% 0.13% 0.13% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
54.90% 79.39% 88.76% 92.50% 92.50% 99.01% 99.00% 99.96% 99.96% 99.96% 99.96% 99.97%
No. of Shareholders 18,20724,23625,93325,86935,05637,09336,66336,51135,62034,82834,36633,624

* 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.

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