Evans Electric Ltd
₹ 189
4.98%
11 Jun
- close price
About
Incorporated in 1951, Evans Electric Ltd is in the business of Electro Mechanical Repairs & Servicing[1]
Key Points
- Market Cap ₹ 104 Cr.
- Current Price ₹ 189
- High / Low ₹ 252 / 118
- Stock P/E 13.7
- Book Value ₹ 47.8
- Dividend Yield 0.79 %
- ROCE 44.9 %
- ROE 33.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 49.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.2%
Cons
- Company has high debtors of 155 days.
- Working capital days have increased from 74.0 days to 139 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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Half Yearly 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4.56 | 4.72 | 5.03 | 10.60 | 5.61 | 6.65 | 7.28 | 9.53 | 7.34 | 19.13 | 20.67 | 25.48 | |
3.90 | 4.14 | 4.25 | 6.93 | 4.77 | 4.99 | 5.71 | 8.57 | 6.12 | 14.82 | 14.26 | 15.92 | |
Operating Profit | 0.66 | 0.58 | 0.78 | 3.67 | 0.84 | 1.66 | 1.57 | 0.96 | 1.22 | 4.31 | 6.41 | 9.56 |
OPM % | 14.47% | 12.29% | 15.51% | 34.62% | 14.97% | 24.96% | 21.57% | 10.07% | 16.62% | 22.53% | 31.01% | 37.52% |
0.07 | 0.10 | 0.09 | 0.11 | 0.23 | 0.38 | 0.32 | 0.24 | 0.30 | 0.70 | 0.48 | 1.04 | |
Interest | 0.04 | 0.01 | 0.03 | 0.03 | 0.03 | 0.04 | 0.06 | 0.12 | 0.14 | 0.08 | 0.25 | 0.33 |
Depreciation | 0.32 | 0.32 | 0.26 | 0.31 | 0.37 | 0.27 | 0.33 | 0.23 | 0.17 | 0.19 | 0.24 | 0.23 |
Profit before tax | 0.37 | 0.35 | 0.58 | 3.44 | 0.67 | 1.73 | 1.50 | 0.85 | 1.21 | 4.74 | 6.40 | 10.04 |
Tax % | 32.43% | 34.29% | 31.03% | 31.40% | 28.36% | 29.48% | 31.33% | 31.76% | 31.40% | 22.78% | 20.94% | 24.50% |
0.26 | 0.22 | 0.41 | 2.37 | 0.47 | 1.21 | 1.03 | 0.58 | 0.82 | 3.66 | 5.07 | 7.57 | |
EPS in Rs | 13.00 | 11.00 | 20.50 | 118.50 | 23.50 | 3.02 | 1.91 | 1.07 | 1.52 | 6.65 | 9.22 | 13.79 |
Dividend Payout % | 15.38% | 18.18% | 9.76% | 4.22% | 10.64% | 18.18% | 39.90% | 28.34% | 33.41% | 14.97% | 16.21% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 28% |
3 Years: | 51% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | 42% |
5 Years: | 50% |
3 Years: | 115% |
TTM: | 57% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 114% |
1 Year: | 20% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 22% |
3 Years: | 29% |
Last Year: | 33% |
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 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 1.00 | 1.37 | 1.37 | 1.37 | 2.74 | 2.74 | 5.48 |
Reserves | 3.59 | 3.56 | 3.93 | 6.17 | 6.48 | 7.19 | 9.26 | 9.56 | 10.22 | 12.24 | 16.76 | 20.77 |
0.44 | 0.00 | 0.06 | 0.48 | 0.00 | 0.00 | 0.16 | 0.11 | 0.72 | 0.00 | 0.40 | 0.00 | |
1.67 | 1.32 | 1.11 | 2.34 | 1.32 | 1.19 | 1.40 | 1.66 | 1.30 | 1.92 | 4.78 | 8.72 | |
Total Liabilities | 6.20 | 5.38 | 5.60 | 9.49 | 8.30 | 9.38 | 12.19 | 12.70 | 13.61 | 16.90 | 24.68 | 34.97 |
2.93 | 2.54 | 2.30 | 2.59 | 2.29 | 2.07 | 2.04 | 1.83 | 1.66 | 1.89 | 1.76 | 2.01 | |
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.98 | 2.73 | 3.36 | 4.69 | 9.51 | 11.89 | 13.96 |
3.27 | 2.84 | 3.30 | 6.90 | 6.01 | 6.33 | 7.42 | 7.51 | 7.26 | 5.50 | 11.03 | 19.00 | |
Total Assets | 6.20 | 5.38 | 5.60 | 9.49 | 8.30 | 9.38 | 12.19 | 12.70 | 13.61 | 16.90 | 24.68 | 34.97 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.04 | 1.44 | -0.35 | 2.64 | 0.98 | 0.38 | -0.29 | -0.19 | 1.06 | 6.31 | 3.57 | 0.70 | |
-0.59 | -0.09 | 0.05 | -0.53 | 0.13 | -0.65 | -1.80 | -0.46 | -1.20 | -5.26 | -1.12 | -1.84 | |
-0.03 | -0.10 | 0.00 | 0.29 | -0.50 | -0.02 | 1.54 | -0.34 | 0.43 | -1.01 | -0.56 | -0.84 | |
Net Cash Flow | -0.66 | 1.25 | -0.30 | 2.40 | 0.60 | -0.29 | -0.55 | -0.99 | 0.29 | 0.04 | 1.89 | -1.98 |
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 | 150.48 | 61.09 | 116.83 | 52.34 | 57.25 | 56.53 | 60.16 | 91.92 | 48.73 | 10.68 | 93.59 | 154.57 |
Inventory Days | 57.74 | 56.70 | 69.27 | 64.32 | 111.28 | 150.29 | 376.90 | 58.70 | 237.25 | 29.47 | 101.94 | 114.06 |
Days Payable | 309.32 | 219.71 | 266.42 | 181.00 | 231.46 | 131.51 | 230.11 | 66.17 | 133.83 | 51.39 | 383.09 | 533.81 |
Cash Conversion Cycle | -101.10 | -101.92 | -80.32 | -64.34 | -62.93 | 75.32 | 206.96 | 84.45 | 152.15 | -11.23 | -187.56 | -265.18 |
Working Capital Days | 75.24 | 2.32 | 58.78 | 35.12 | 31.23 | 69.16 | 134.37 | 136.35 | 165.59 | 15.65 | 67.46 | 138.81 |
ROCE % | 9.75% | 8.38% | 14.27% | 59.62% | 10.33% | 23.20% | 16.12% | 8.52% | 10.88% | 31.07% | 36.35% | 44.93% |
Documents
Announcements
-
Board Meeting Outcome for Outcome Of Board Meeting
28 May - No material announcement; only company contact and registration details provided.
-
Announcement under Regulation 30 (LODR)-Meeting Updates
28 May - Appointed Mr. Kalyan V. Sivalenka as Additional Non-Executive Director on May 28, 2025.
-
Announcement under Regulation 30 (LODR)-Meeting Updates
28 May - Detailed professional profile of legal counsel Olga Noela Lume Pereira disclosed.
-
Announcement under Regulation 30 (LODR)-Meeting Updates
28 May - Appointment of A. Sekar as Secretarial Auditor for 5 years, subject to shareholder approval.
- Audited Financial Results For 2025 28 May
Business Overview:[1][2]
a) EEL is in the field of repair, refurbishment, support services and maintenance of large Motors, Generators, and Transformers. Heavy industries require Larger Electrical Machines because when these machines get older; the scope for the repair and maintenance increases
b) The company is branching out into allied fields closely associated with its 3 heavy electrical products of large Motors Generators and Transformers, as the routine work of regular overhaul and repair is getting competitive
c) At present, the company is doing sitework of a large turbo generator
d) It is also continuing with the sitework on a large DC motor armature
e) The company is looking to work with marketing agencies that can procure technically challenging high value orders and with limited competition.
f) Company provides import substitution on costly foreign made Apparatus and also does in-house development and manufacture of costly replacement components