Fedders Electric & Engineering Ltd
Fedders Electric & Engineering Ltd. is the largest manufacturer of heat exchanger in India
- Market Cap ₹ 15.6 Cr.
- Current Price ₹ 4.60
- High / Low ₹ /
- Stock P/E 0.53
- Book Value ₹ 190
- Dividend Yield 0.00 %
- ROCE 8.22 %
- ROE 8.86 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.02 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Contingent liabilities of Rs.12.6 Cr.
- Earnings include an other income of Rs.42.6 Cr.
- Company has high debtors of 173 days.
- Working capital days have increased from 252 days to 354 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.
Peer comparison
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2014 | Jun 2015 | Mar 2016 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,160 | 1,315 | 1,031 | 1,354 | 1,237 | 130 | 70 | 17 | 46 | 115 | 525 | 424 | 328 | |
| 1,012 | 1,182 | 937 | 1,248 | 1,688 | 618 | 100 | 49 | 77 | 108 | 471 | 405 | 318 | |
| Operating Profit | 148 | 133 | 94 | 105 | -451 | -488 | -30 | -31 | -31 | 7 | 54 | 19 | 10 |
| OPM % | 13% | 10% | 9% | 8% | -36% | -374% | -42% | -179% | -66% | 6% | 10% | 5% | 3% |
| 3 | 3 | 4 | 3 | 46 | 2 | 1 | 0 | 789 | 18 | 41 | 29 | 43 | |
| Interest | 73 | 64 | 49 | 65 | 73 | 31 | 10 | 8 | 2 | 0 | 4 | 6 | 5 |
| Depreciation | 13 | 13 | 10 | 13 | 18 | 18 | 18 | 18 | 10 | 2 | 2 | 3 | 4 |
| Profit before tax | 65 | 59 | 39 | 30 | -496 | -536 | -56 | -56 | 747 | 23 | 89 | 39 | 43 |
| Tax % | 31% | 32% | 45% | 34% | 0% | -0% | -2% | -4% | -0% | 0% | 0% | 0% | |
| 45 | 40 | 22 | 20 | -496 | -534 | -55 | -54 | 749 | 23 | 89 | 39 | 43 | |
| EPS in Rs | 14.56 | 13.06 | 7.01 | 5.83 | -146.01 | -157.34 | -16.33 | -15.90 | 220.41 | 6.73 | 26.07 | 11.45 | 12.63 |
| Dividend Payout % | 7% | 8% | 11% | 17% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | 43% |
| 3 Years: | 109% |
| TTM: | -41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 22% |
| 3 Years: | 11% |
| TTM: | -62% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -26% |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2014 | Jun 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 | 31 | 31 | 31 | 34 | 34 | 34 | 34 | 34 | 30 | 30 | 30 | 30 | 88 |
| Reserves | 329 | 365 | 393 | 422 | -78 | -612 | -668 | -722 | 86 | 109 | 279 | 524 | 557 |
| 547 | 545 | 511 | 465 | 432 | 739 | 760 | 788 | 3 | 32 | 76 | 137 | 62 | |
| 169 | 263 | 252 | 260 | 539 | 537 | 524 | 521 | 20 | 25 | 22 | 40 | 56 | |
| Total Liabilities | 1,076 | 1,204 | 1,187 | 1,181 | 928 | 698 | 650 | 622 | 138 | 196 | 407 | 732 | 763 |
| 258 | 262 | 261 | 256 | 241 | 184 | 159 | 141 | 66 | 65 | 94 | 109 | 108 | |
| CWIP | 11 | 11 | 12 | 12 | 1 | 0 | 0 | 0 | 0 | 2 | 3 | 30 | 50 |
| Investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 34 |
| 806 | 930 | 914 | 911 | 685 | 513 | 490 | 479 | 71 | 127 | 307 | 589 | 571 | |
| Total Assets | 1,076 | 1,204 | 1,187 | 1,181 | 928 | 698 | 650 | 622 | 138 | 196 | 407 | 732 | 763 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 95 | 124 | 65 | 86 | 92 | -27 | -26 | -61 | -30 | -121 | -145 | ||
| 1 | -16 | -8 | -8 | 9 | 7 | -0 | 65 | -6 | -3 | -47 | ||
| -95 | -96 | -65 | -80 | -83 | 7 | 26 | -4 | 29 | 122 | 261 | ||
| Net Cash Flow | 1 | 12 | -8 | -3 | 17 | -13 | -0 | 0 | -7 | -2 | 70 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 105 | 119 | 155 | 122 | 75 | 371 | 595 | 2,109 | 299 | 203 | 99 | 173 |
| Inventory Days | 158 | 140 | 169 | 121 | 21 | 83 | 175 | 610 | 61 | 27 | 18 | 24 |
| Days Payable | 45 | 72 | 79 | 63 | 81 | 752 | 1,789 | 6,450 | 9 | 21 | 3 | 6 |
| Cash Conversion Cycle | 218 | 187 | 245 | 180 | 15 | -298 | -1,019 | -3,731 | 351 | 210 | 114 | 191 |
| Working Capital Days | 62 | 52 | 67 | 57 | -86 | -2,147 | -4,069 | -17,262 | 391 | 234 | 169 | 354 |
| ROCE % | 16% | 13% | 10% | 10% | -71% | -184% | -33% | -43% | 26% | 14% | 26% | 8% |
Documents
Announcements
- Closure of Trading Window 30 Dec
-
Announcement under Regulation 30 (LODR)-Change in Management
12 Dec - Mr. Pramod Kumar resigned as Company Secretary and Compliance Officer effective close of business December 12, 2025.
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
12 Dec - Pramod Kumar resigned as Company Secretary & Compliance Officer effective close of business December 12, 2025.
-
Intimation Regarding Exit Price Of Delisting In Accordance With Applicable Regulation Of SEBI (Delisting Of Securities) Regulations, 2021.
19 Nov 2025 - NCLT (16 Oct 2025) ordered delisting from BSE/NSE; no exit price as promoters hold 100%.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Nov 2025 - Copy of Newspaper Publication dated 13.11.2025 (As Attached)
Annual reports
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Financial Year 2008
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Financial Year 2007
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