ECE Industries Ltd

ECE Industries Ltd

₹ 232 0.22%
09 May 2019
  • Market Cap 179 Cr.
  • Current Price 232
  • High / Low /
  • Stock P/E 22.6
  • Book Value 344
  • Dividend Yield 0.00 %
  • ROCE 3.35 %
  • ROE 2.94 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.67 times its book value

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 9.11% over last 3 years.
  • Earnings include an other income of Rs.10.6 Cr.
  • Company has high debtors of 152 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

Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018
36.08 49.91 60.32 57.77 60.32 82.32 56.72 41.73 67.98 93.59 52.33 55.20 62.61
39.85 52.30 65.78 69.39 61.83 108.82 58.30 42.88 68.77 164.47 53.87 58.88 64.64
Operating Profit -3.77 -2.39 -5.46 -11.62 -1.51 -26.50 -1.58 -1.15 -0.79 -70.88 -1.54 -3.68 -2.03
OPM % -10.45% -4.79% -9.05% -20.11% -2.50% -32.19% -2.79% -2.76% -1.16% -75.73% -2.94% -6.67% -3.24%
4.01 4.36 0.38 16.78 5.80 56.85 10.33 6.37 5.89 149.09 3.98 7.54 7.28
Interest 0.55 0.49 0.85 0.85 0.92 1.07 1.06 0.98 1.45 29.41 1.43 1.23 1.27
Depreciation 0.55 0.48 0.55 0.55 0.54 0.50 0.44 0.46 0.46 0.41 0.43 0.42 0.42
Profit before tax -0.86 1.00 -6.48 3.76 2.83 28.78 7.25 3.78 3.19 48.39 0.58 2.21 3.56
Tax % 0.00% 50.00% 0.00% 25.27% 21.20% -4.55% 30.34% 21.16% 10.97% 6.14% 0.00% 24.43% -4.21%
-0.86 0.50 -6.48 2.81 2.23 30.10 5.05 2.98 2.83 45.42 0.58 1.67 3.72
EPS in Rs -1.11 0.65 -8.39 3.64 2.89 38.96 6.54 3.86 3.66 58.79 0.75 2.16 4.81
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
182 209 147 185 190 136 113 179 155 261 260 253
188 205 158 197 190 141 120 192 183 306 333 260
Operating Profit -6 4 -10 -12 1 -5 -7 -14 -27 -45 -73 -7
OPM % -3% 2% -7% -6% 0% -4% -6% -8% -18% -17% -28% -3%
41 14 24 19 8 12 12 20 32 80 172 11
Interest 6 9 3 3 3 3 2 3 3 6 34 7
Depreciation 1 1 1 1 2 2 2 3 2 2 2 2
Profit before tax 27 8 9 3 4 2 0 0 -1 27 63 -5
Tax % 32% 28% 14% 18% 26% 58% 32% -106% 83% 1% 10% -84%
18 6 8 2 3 1 0 1 -1 27 56 -1
EPS in Rs 2.38 3.54 1.22 0.23 1.28 -1.42 34.83 72.85 -1.13
Dividend Payout % 6% 18% 1% 10% 14% 21% 43% 8% 0% 7% 3% -209%
Compounded Sales Growth
10 Years: 2%
5 Years: 18%
3 Years: 18%
TTM: -3%
Compounded Profit Growth
10 Years: 16%
5 Years: 66%
3 Years: 45%
TTM: -83%
Stock Price CAGR
10 Years: 6%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: 3%
5 Years: 5%
3 Years: 9%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity Capital 4 4 4 9 8 8 8 8 8 7 7 7
Reserves 92 94 102 143 134 133 133 134 133 207 267 259
38 23 25 2 7 0 0 0 16 23 40 49
45 46 40 55 82 65 65 81 88 124 128 150
Total Liabilities 179 167 171 209 231 206 206 223 245 361 442 465
18 12 13 20 28 25 24 22 19 18 16 16
CWIP 0 0 2 3 0 0 0 0 0 0 0 0
Investments 8 4 3 2 2 65 78 91 100 202 227 221
153 151 154 184 202 116 104 110 125 141 198 228
Total Assets 179 167 171 209 231 206 206 223 245 361 442 465

Cash Flows

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
5 8 -12 24 33 13 6 6 -13 23 15 -4
-5 11 7 -33 -13 -21 -3 -3 11 -19 1 -0
2 -22 -1 18 -9 -11 -2 -2 2 -5 -18 2
Net Cash Flow 2 -3 -6 9 11 -19 1 2 0 -0 -2 -3

Ratios

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Debtor Days 161 137 162 171 146 161 157 108 140 121 149 152
Inventory Days 131 120 216 85 99 106 135 76 124 59 56 100
Days Payable 90 84 91 57 120 132 169 125 152 103 119 156
Cash Conversion Cycle 202 173 287 199 125 134 124 59 112 78 85 96
Working Capital Days 188 166 273 224 182 123 110 40 73 10 35 37
ROCE % 13% 9% 3% -1% 7% 6% 1% -1% -3% 5% 31% 3%

Shareholding Pattern

Numbers in percentages

Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019
66.77% 66.77% 66.77% 90.23% 90.23% 90.23% 90.23% 90.23% 90.23% 90.23% 90.23% 90.23%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
33.21% 33.21% 33.20% 9.75% 9.75% 9.75% 9.75% 9.74% 9.75% 9.75% 9.75% 9.88%
No. of Shareholders 4,2514,0803,7703,6433,5673,5593,2823,2143,1533,0593,0433,000

* 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.

Click on the line-items to see the names of individual entities.

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