Econo Trade India Ltd
Incorporated in 1982, Econo Trade India
Ltd provides loans and does Investments
in Shares and Securities[1]
- Market Cap ₹ 16.8 Cr.
- Current Price ₹ 8.97
- High / Low ₹ 10.5 / 5.45
- Stock P/E 6.62
- Book Value ₹ 23.4
- Dividend Yield 0.00 %
- ROCE 9.67 %
- ROE 5.98 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.38 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 26.2%
- Company has a low return on equity of 4.26% over last 3 years.
- Working capital days have increased from 1,694 days to 3,716 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.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10.45 | 6.18 | 4.40 | 22.12 | 14.68 | 9.87 | 3.80 | 1.89 | 2.14 | 3.22 | 4.54 | 7.13 | |
10.32 | 5.27 | 4.17 | 21.68 | 14.41 | 9.42 | 3.38 | 1.25 | 1.02 | 1.54 | 0.53 | 0.59 | |
Operating Profit | 0.13 | 0.91 | 0.23 | 0.44 | 0.27 | 0.45 | 0.42 | 0.64 | 1.12 | 1.68 | 4.01 | 6.54 |
OPM % | 1.24% | 14.72% | 5.23% | 1.99% | 1.84% | 4.56% | 11.05% | 33.86% | 52.34% | 52.17% | 88.33% | 91.73% |
0.00 | -0.70 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.10 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.64 | 1.61 | 3.26 |
Depreciation | 0.02 | 0.03 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | 0.11 | 0.18 | 0.22 | 0.43 | 0.26 | 0.45 | 0.42 | 0.64 | 0.99 | 1.04 | 2.43 | 3.38 |
Tax % | 54.55% | 33.33% | 50.00% | 32.56% | 61.54% | 24.44% | 26.19% | 29.69% | 28.28% | 27.88% | 22.63% | 25.15% |
0.05 | 0.12 | 0.10 | 0.30 | 0.11 | 0.33 | 0.31 | 0.46 | 0.71 | 0.75 | 1.88 | 2.53 | |
EPS in Rs | 0.03 | 0.06 | 0.05 | 0.16 | 0.06 | 0.18 | 0.17 | 0.25 | 0.38 | 0.40 | 1.01 | 1.36 |
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: | 1% |
5 Years: | 13% |
3 Years: | 49% |
TTM: | 57% |
Compounded Profit Growth | |
---|---|
10 Years: | 36% |
5 Years: | 52% |
3 Years: | 53% |
TTM: | 35% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -2% |
3 Years: | 18% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 3% |
3 Years: | 4% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 |
Reserves | 17.33 | 17.45 | 17.55 | 17.84 | 17.96 | 18.29 | 18.59 | 19.05 | 19.77 | 20.51 | 22.39 | 24.92 |
0.01 | 0.00 | 0.00 | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 | 2.26 | 8.47 | 23.46 | 29.22 | |
0.21 | 0.52 | 0.37 | 0.45 | 0.42 | 0.57 | 0.68 | 0.87 | 0.18 | 0.28 | 0.36 | 0.44 | |
Total Liabilities | 36.22 | 36.64 | 36.59 | 36.96 | 37.15 | 37.53 | 37.94 | 38.59 | 40.88 | 47.93 | 64.88 | 73.25 |
0.00 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.38 | 0.63 | 0.00 | 0.00 | 0.00 | 0.00 | 6.05 | 6.70 | 12.42 | 11.07 | 8.28 | 8.34 |
35.84 | 35.98 | 36.57 | 36.94 | 37.14 | 37.52 | 31.88 | 31.89 | 28.46 | 36.86 | 56.60 | 64.91 | |
Total Assets | 36.22 | 36.64 | 36.59 | 36.96 | 37.15 | 37.53 | 37.94 | 38.59 | 40.88 | 47.93 | 64.88 | 73.25 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.27 | 0.55 | -2.86 | 3.17 | -1.80 | 1.85 | 5.05 | 7.39 | -12.38 | -8.55 | -17.68 | -5.78 | |
-0.36 | -0.61 | 2.97 | -2.86 | 2.86 | 0.52 | -7.17 | 6.41 | -5.42 | 2.14 | 2.78 | -0.05 | |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.26 | 6.20 | 14.98 | 5.76 | |
Net Cash Flow | -0.09 | -0.06 | 0.11 | 0.32 | 1.06 | 2.37 | -2.12 | 13.80 | -15.55 | -0.21 | 0.08 | -0.08 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.35 | 0.00 | 46.45 | 0.00 | 85.03 | 138.31 | 38.42 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Inventory Days | 239.92 | 472.10 | 862.19 | 112.45 | 139.98 | 124.93 | 147.34 | |||||
Days Payable | 0.00 | 18.94 | 9.86 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Cash Conversion Cycle | 240.27 | 453.15 | 898.78 | 112.45 | 225.02 | 263.24 | 185.76 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Working Capital Days | 1,232.97 | 2,078.96 | 2,973.92 | 591.23 | 869.73 | 1,214.45 | 2,806.66 | 714.55 | 1,299.67 | 787.81 | 578.85 | 3,715.53 |
ROCE % | 0.31% | 0.50% | 0.61% | 1.18% | 0.71% | 1.22% | 1.13% | 1.71% | 2.86% | 3.80% | 7.20% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 30 May
- OUTCOME OF BOARD MEETING (APPROVED THE AUDITED STANDALONE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024) 29 May
- Board Meeting Outcome for OUTCOME OF BOARD MEETING (APPROVED THE AUDITED STANDALONE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024) 29 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
21 May - Submission of Annual Secretarial compliance for the year ended 31 St March, 2024
- Board Meeting Intimation for INTIMATION OF BOARD MEETING FOR APPROVAL OF AUDITED FINANCIAL RESULTS OF THE COMPANY FOR THE FOURTH QUARTER AND FINANCIAL YEAR ENDED MARCH 31, 2024 20 May
Annual reports
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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
Business Overview:[1][2]
Company is registered as a Non systematically Important Non-Deposit Taking NBFC. It provides Loans and Inter Corporate Deposits to the corporate client and operates from Kolkata. It also does investments
in shares and securities.