Elcid Investments Ltd
- Market Cap ₹ 2,341 Cr.
- Current Price ₹ 1,18,715
- High / Low ₹ 1,46,500 / 87,003
- Stock P/E 30.7
- Book Value ₹ 3,01,137
- Dividend Yield 0.02 %
- ROCE 1.45 %
- ROE 1.23 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.39 times its book value
Cons
- The company has delivered a poor sales growth of 5.09% over past five years.
- Company has a low return on equity of 1.36% 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
Financial Services Financial Services Finance Investment Company
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21 | 21 | 26 | 32 | 43 | 55 | 73 | 88 | 74 | 151 | 138 | 94 | |
| 0 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 5 | 2 | 4 | 4 | |
| Operating Profit | 20 | 21 | 25 | 32 | 41 | 54 | 72 | 85 | 69 | 149 | 134 | 90 |
| OPM % | 99% | 97% | 97% | 98% | 96% | 99% | 99% | 97% | 93% | 99% | 97% | 96% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 20 | 20 | 25 | 32 | 41 | 54 | 72 | 85 | 69 | 149 | 136 | 90 |
| Tax % | 2% | 1% | 2% | 1% | 8% | -1% | 24% | 24% | 29% | 24% | 26% | 15% |
| 20 | 20 | 24 | 31 | 38 | 55 | 55 | 65 | 49 | 113 | 101 | 76 | |
| EPS in Rs | 1,001.00 | 1,013.00 | 1,209.50 | 1,572.50 | 1,877.50 | 2,729.50 | 2,744.50 | 3,240.50 | 2,442.50 | 5,661.50 | 5,048.50 | 3,811.50 |
| Dividend Payout % | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 0% | 1% | 0% | 0% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 5% |
| 3 Years: | 8% |
| TTM: | -32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 7% |
| 3 Years: | 16% |
| TTM: | -25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 498% |
| 3 Years: | % |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
| Reserves | 102 | 122 | 146 | 177 | 3,563 | 4,846 | 7,084 | 8,587 | 7,793 | 8,125 | 6,368 | 6,023 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 923 | 188 | 483 | 592 | 526 | 554 | 999 | 921 | |
| Total Liabilities | 102 | 122 | 146 | 177 | 4,487 | 5,034 | 7,567 | 9,180 | 8,319 | 8,678 | 7,367 | 6,944 |
| 0 | 1 | 1 | 1 | 1 | 1 | 15 | 15 | 15 | 26 | 29 | 33 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 |
| Investments | 100 | 119 | 143 | 174 | 4,485 | 5,029 | 7,544 | 9,165 | 8,295 | 8,649 | 7,335 | 6,908 |
| 2 | 1 | 2 | 2 | 1 | 4 | 9 | 1 | 9 | 3 | 1 | 3 | |
| Total Assets | 102 | 122 | 146 | 177 | 4,487 | 5,034 | 7,567 | 9,180 | 8,319 | 8,678 | 7,367 | 6,944 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | -0 | 0 | -1 | -1 | -1 | 10 | 43 | 25 | 54 | 66 | 50 | |
| 1 | 0 | 0 | 1 | 1 | 5 | -5 | -50 | -17 | -60 | -68 | -50 | |
| -0 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| Net Cash Flow | -0 | -0 | 0 | -0 | -0 | 3 | 5 | -8 | 9 | -6 | -2 | -0 |
| Free Cash Flow | -1 | -2 | 0 | -1 | -1 | -1 | -4 | 42 | 24 | 43 | 60 | 47 |
| CFO/OP | -1% | 2% | 0% | -2% | -1% | -1% | 20% | 59% | 77% | 51% | 70% | 81% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | -5 | 1 | -5 | -4 | 1 | 1 | -13 | -41 | -39 | -22 | -22 | 5 |
| ROCE % | 22% | 18% | 18% | 20% | 2% | 1% | 1% | 1% | 1% | 2% | 2% | 1% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Market Value of Standalone Investment in Asian Paints Limited INR Lakhs |
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| Equity Shares held in Asian Paints Limited (Consolidated) Number of Shares |
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| Equity Shares held in Asian Paints Limited (Standalone) Number of Shares |
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| Market Value of Consolidated Investment in Asian Paints Limited INR Lakhs |
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| Capital Adequacy Ratio (CRAR) Percentage |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - Please find the attached revised Newspaper Publication of the Audited Standalone and Consolidated Financial Results for the fourth quarter and year ended March 31, 2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Elcid Investments filed FY26 secretarial compliance report; one temporary board-size noncompliance was noted and rectified.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
27 May - Please find the attached Newspaper Publication of the Audited Standalone and Consolidated Financial Results for the fourth quarter and year ended March 31, 2026
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Appointment Of Internal Auditor For The Financial Year 2026-27
25 May - Board approved FY26 audited results, recommended ₹25 final dividend, and appointed internal auditor.
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Corporate Action-Board approves Dividend
25 May - Board approved FY26 audited results and recommended ₹25 final dividend; appointed internal auditor for 2026-27.
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
Promoters[1]
The company is promoted by the Vakil Family. Arvind Vakil, head of the family, was one of the 4 partners who started Asian Paints in 1942.