Econo Trade India Ltd
₹ 7.23
-2.56%
05 Dec
- close price
About
Incorporated in 1982, Econo Trade India Ltd is in the business of providing loans and making investments[1]
Key Points
- Market Cap ₹ 13.5 Cr.
- Current Price ₹ 7.23
- High / Low ₹ 11.0 / 5.56
- Stock P/E 5.58
- Book Value ₹ 25.2
- Dividend Yield 0.00 %
- ROCE 7.71 %
- ROE 5.05 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.29 times its book value
- Company's working capital requirements have reduced from 365 days to 108 days
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 5.25% over last 3 years.
- Contingent liabilities of Rs.14.1 Cr.
- Company's cost of borrowing seems high
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6.18 | 4.40 | 22.12 | 14.68 | 9.87 | 3.80 | 1.89 | 2.14 | 3.22 | 4.54 | 7.13 | 6.42 | 6.50 | |
| 5.27 | 4.17 | 21.68 | 14.41 | 9.42 | 3.38 | 1.25 | 1.02 | 1.54 | 0.53 | 0.59 | 0.88 | 0.88 | |
| Operating Profit | 0.91 | 0.23 | 0.44 | 0.27 | 0.45 | 0.42 | 0.64 | 1.12 | 1.68 | 4.01 | 6.54 | 5.54 | 5.62 |
| OPM % | 14.72% | 5.23% | 1.99% | 1.84% | 4.56% | 11.05% | 33.86% | 52.34% | 52.17% | 88.33% | 91.73% | 86.29% | 86.46% |
| -0.70 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.10 | 0.04 | 0.04 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.64 | 1.61 | 3.26 | 2.44 | 2.30 |
| Depreciation | 0.03 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.09 |
| Profit before tax | 0.18 | 0.22 | 0.43 | 0.26 | 0.45 | 0.42 | 0.64 | 0.99 | 1.04 | 2.43 | 3.38 | 3.05 | 3.27 |
| Tax % | 33.33% | 50.00% | 32.56% | 61.54% | 24.44% | 26.19% | 29.69% | 28.28% | 27.88% | 22.63% | 25.15% | 25.90% | |
| 0.12 | 0.10 | 0.30 | 0.11 | 0.33 | 0.31 | 0.46 | 0.71 | 0.75 | 1.88 | 2.53 | 2.26 | 2.42 | |
| EPS in Rs | 0.06 | 0.05 | 0.16 | 0.06 | 0.18 | 0.17 | 0.25 | 0.38 | 0.40 | 1.01 | 1.36 | 1.21 | 1.30 |
| 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: | 4% |
| 5 Years: | 28% |
| 3 Years: | 26% |
| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 37% |
| 3 Years: | 44% |
| TTM: | -7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -15% |
| 5 Years: | -2% |
| 3 Years: | -16% |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 4% |
| 3 Years: | 5% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 18.67 |
| Reserves | 17.45 | 17.55 | 17.84 | 17.96 | 18.29 | 18.59 | 19.05 | 19.77 | 20.51 | 22.39 | 24.92 | 27.18 | 28.39 |
| 0.00 | 0.00 | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 | 2.26 | 8.47 | 23.46 | 29.22 | 23.71 | 12.23 | |
| 0.52 | 0.37 | 0.45 | 0.42 | 0.57 | 0.68 | 0.87 | 0.18 | 0.28 | 0.36 | 0.34 | 0.29 | 0.07 | |
| Total Liabilities | 36.64 | 36.59 | 36.96 | 37.15 | 37.53 | 37.94 | 38.59 | 40.88 | 47.93 | 64.88 | 73.15 | 69.85 | 59.36 |
| 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.39 | 6.39 | |
| 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 | 0.00 |
| Investments | 0.63 | 0.00 | 0.00 | 0.00 | 0.00 | 6.05 | 6.70 | 12.42 | 11.07 | 8.28 | 8.34 | 8.47 | 8.46 |
| 35.98 | 36.57 | 36.94 | 37.14 | 37.52 | 31.88 | 31.89 | 28.46 | 36.86 | 56.60 | 64.81 | 54.99 | 44.51 | |
| Total Assets | 36.64 | 36.59 | 36.96 | 37.15 | 37.53 | 37.94 | 38.59 | 40.88 | 47.93 | 64.88 | 73.15 | 69.85 | 59.36 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.55 | -2.86 | 3.17 | -1.80 | 1.85 | 5.05 | 7.39 | -12.38 | -8.55 | -17.68 | -5.78 | 5.64 | |
| -0.61 | 2.97 | -2.86 | 2.86 | 0.52 | -7.17 | 6.41 | -5.42 | 2.14 | 2.78 | -0.05 | -0.13 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.26 | 6.20 | 14.98 | 5.76 | -5.51 | |
| Net Cash Flow | -0.06 | 0.11 | 0.32 | 1.06 | 2.37 | -2.12 | 13.80 | -15.55 | -0.21 | 0.08 | -0.08 | 0.00 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 0.00 | 46.45 | 0.00 | 85.03 | 138.31 | 38.42 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Days | 472.10 | 862.19 | 112.45 | 139.98 | 124.93 | 147.34 | ||||||
| Days Payable | 18.94 | 9.86 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Cash Conversion Cycle | 453.15 | 898.78 | 112.45 | 225.02 | 263.24 | 185.76 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Working Capital Days | 2,078.96 | 2,973.92 | 591.23 | 867.25 | 1,214.45 | 2,806.66 | 714.55 | 1,299.67 | 787.81 | 578.85 | 409.03 | 108.02 |
| ROCE % | 0.50% | 0.61% | 1.18% | 0.71% | 1.22% | 1.13% | 1.71% | 2.86% | 3.80% | 7.20% | 9.67% | 7.71% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Nov
- Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Nov
- UN-AUDITED STANDALONE FINANCIAL STATEMENTS FOR THE SECOND QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2025 14 Nov
-
Board Meeting Outcome for OUTCOME OF BOARD MEETING (APPROVED THE UN-AUDITED STANDALONE FINANCIAL STATEMENTS FOR THE SECOND QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2025).
14 Nov - Approved unaudited financials for Q2 and H1 ended Sep 30, 2025; limited review by H S K & Co.
-
Board Meeting Intimation for INTIMATION OF BOARD MEETING FOR APPROVAL OF AUDITED FINANCIAL RESULTS OF THE COMPANY FOR THE SECOND QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2025
7 Nov - Board meeting on Nov 14, 2025 to approve unaudited Q2 and H1 results ended September 30, 2025.
Annual reports
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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
Business Overview:[1][2]
ETIL is a Kolkata-based company that is registered as a non-systematically important deposit-taking non-banking financial company. The company is in the business of offering loans and Inter Corporate Deposit to the corporate clients. It also makes investments in shares and securities.