Econo Trade India Ltd

Econo Trade Indi Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Econo Trade India Ltd

₹ 6.85 5.06%
18 Apr - close price
econo.in BSE: 538708
About

Incorporated in 1982, Econo Trade India
Ltd provides loans and does Investments
in Shares and Securities[1]

Key Points

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.

Website BSE
  • Market Cap ₹ 12.8 Cr.
  • Current Price ₹ 6.85
  • High / Low ₹ 10.5 / 5.45
  • Stock P/E 6.73
  • Book Value ₹ 22.5
  • Dividend Yield 0.00 %
  • ROCE 7.20 %
  • ROE 4.69 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 0.30 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 26.2%
  • Company has a low return on equity of 2.85% over last 3 years.

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.58 0.30 1.02 0.41 0.69 1.34 0.87 1.28 1.29 1.10 1.33 1.58 1.67
0.07 0.57 0.48 0.17 0.17 1.15 0.26 0.00 0.16 0.12 0.53 -0.26 0.09
Operating Profit 0.51 -0.27 0.54 0.24 0.52 0.19 0.61 1.28 1.13 0.98 0.80 1.84 1.58
OPM % 87.93% -90.00% 52.94% 58.54% 75.36% 14.18% 70.11% 100.00% 87.60% 89.09% 60.15% 116.46% 94.61%
0.00 0.00 0.00 0.03 0.00 0.09 0.00 0.01 0.00 0.02 0.01 0.01 0.01
Interest 0.04 0.03 0.08 0.20 0.09 0.21 0.32 0.43 0.43 0.43 0.10 1.30 0.83
Depreciation 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
Profit before tax 0.47 -0.30 0.46 0.07 0.43 0.07 0.29 0.86 0.70 0.57 0.71 0.55 0.76
Tax % 25.53% 16.67% 26.09% 42.86% 37.21% -14.29% 24.14% 17.44% 22.86% 29.82% 22.54% 23.64% 27.63%
0.35 -0.25 0.34 0.05 0.28 0.08 0.22 0.71 0.54 0.40 0.54 0.42 0.54
EPS in Rs 0.19 -0.13 0.18 0.03 0.15 0.04 0.12 0.38 0.29 0.21 0.29 0.22 0.29
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
4.57 10.45 6.18 4.40 22.12 14.68 9.87 3.80 1.89 2.14 3.22 4.54 5.68
4.24 10.32 5.27 4.17 21.68 14.41 9.42 3.38 1.25 1.02 1.54 0.53 0.48
Operating Profit 0.33 0.13 0.91 0.23 0.44 0.27 0.45 0.42 0.64 1.12 1.68 4.01 5.20
OPM % 7.22% 1.24% 14.72% 5.23% 1.99% 1.84% 4.56% 11.05% 33.86% 52.34% 52.17% 88.33% 91.55%
-0.25 0.00 -0.70 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.05
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.64 1.61 2.66
Depreciation 0.02 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 0.06 0.11 0.18 0.22 0.43 0.26 0.45 0.42 0.64 0.99 1.04 2.43 2.59
Tax % 66.67% 54.55% 33.33% 50.00% 32.56% 61.54% 24.44% 26.19% 29.69% 28.28% 27.88% 22.63%
0.02 0.05 0.12 0.10 0.30 0.11 0.33 0.31 0.46 0.71 0.75 1.88 1.90
EPS in Rs 0.01 0.03 0.06 0.05 0.16 0.06 0.18 0.17 0.25 0.38 0.40 1.01 1.01
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: -8%
5 Years: -14%
3 Years: 34%
TTM: 19%
Compounded Profit Growth
10 Years: 44%
5 Years: 42%
3 Years: 60%
TTM: 23%
Stock Price CAGR
10 Years: %
5 Years: -3%
3 Years: 40%
1 Year: -17%
Return on Equity
10 Years: 1%
5 Years: 2%
3 Years: 3%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
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 17.28 17.33 17.45 17.55 17.84 17.96 18.29 18.59 19.05 19.77 20.51 22.39 23.36
0.01 0.01 0.00 0.00 0.00 0.10 0.00 0.00 0.00 2.26 8.47 23.46 29.79
0.24 0.21 0.52 0.37 0.45 0.42 0.57 0.68 0.87 0.18 0.28 0.36 0.17
Total Liabilities 36.20 36.22 36.64 36.59 36.96 37.15 37.53 37.94 38.59 40.88 47.93 64.88 71.99
0.00 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 0.00
Investments 10.22 0.38 0.63 0.00 0.00 0.00 0.00 6.05 6.70 12.42 11.07 8.28 8.19
25.98 35.84 35.98 36.57 36.94 37.14 37.52 31.88 31.89 28.46 36.86 56.60 63.80
Total Assets 36.20 36.22 36.64 36.59 36.96 37.15 37.53 37.94 38.59 40.88 47.93 64.88 71.99

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.72 0.27 0.55 -2.86 3.17 -1.80 1.85 5.05 7.39 -12.38 -8.55 -17.68
-0.72 -0.36 -0.61 2.97 -2.86 2.86 0.52 -7.17 6.41 -5.42 2.14 2.78
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.26 6.20 14.98
Net Cash Flow 0.00 -0.09 -0.06 0.11 0.32 1.06 2.37 -2.12 13.80 -15.55 -0.21 0.08

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 25.56 0.35 0.00 46.45 0.00 85.03 138.31 38.42 0.00 0.00 0.00 0.00
Inventory Days 622.42 239.92 472.10 862.19 112.45 139.98 124.93 147.34
Days Payable 1.92 0.00 18.94 9.86 0.00 0.00 0.00 0.00
Cash Conversion Cycle 646.06 240.27 453.15 898.78 112.45 225.02 263.24 185.76 0.00 0.00 0.00 0.00
Working Capital Days 1,977.55 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
ROCE % 0.21% 0.31% 0.50% 0.61% 1.18% 0.71% 1.22% 1.13% 1.71% 2.86% 3.80% 7.20%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
19.31% 21.63% 21.63% 21.63% 21.63% 26.19% 26.18% 26.18% 26.18% 26.18% 26.18% 26.18%
80.69% 78.37% 78.37% 78.37% 78.37% 73.82% 73.82% 73.80% 73.81% 73.80% 73.81% 73.81%
No. of Shareholders 2,0782,0762,1972,3532,5742,6632,7762,7672,8122,9533,5914,197

Documents

Announcements

Annual reports