Ecoboard Industries Ltd
₹ 48.9
4.98%
14 Jan
- close price
About
Incorporated in 1991, Ecoboard Industries Limited is engaged in manufacturing and selling of Eco-Friendly Particle Boards and Bio Systems
Key Points
- Market Cap ₹ 112 Cr.
- Current Price ₹ 48.9
- High / Low ₹ 56.5 / 22.4
- Stock P/E
- Book Value ₹ 3.81
- Dividend Yield 0.00 %
- ROCE -40.2 %
- ROE -239 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 12.8 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -12.8%
- The company has delivered a poor sales growth of 1.10% over past five years.
- Company has a low return on equity of -49.6% over last 3 years.
- Company might be capitalizing the interest cost
* 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
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28 | 17 | 22 | 16 | 9 | 20 | 12 | 15 | 35 | 39 | 30 | 13 | 10 | |
| 29 | 20 | 28 | 21 | 15 | 24 | 13 | 16 | 34 | 42 | 33 | 22 | 21 | |
| Operating Profit | -1 | -3 | -6 | -5 | -6 | -4 | -1 | -1 | 1 | -4 | -3 | -9 | -11 |
| OPM % | -3% | -20% | -27% | -30% | -73% | -17% | -11% | -5% | 3% | -9% | -10% | -71% | -110% |
| -0 | 2 | -2 | 0 | 0 | 2 | 20 | 16 | 4 | 4 | -2 | -8 | -8 | |
| Interest | 5 | 5 | 5 | 4 | 6 | 5 | 2 | 3 | 2 | 2 | 1 | 1 | 1 |
| Depreciation | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | -9 | -7 | -15 | -10 | -14 | -7 | 15 | 11 | 2 | -3 | -7 | -18 | -21 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% | 0% | |
| -9 | -7 | -15 | -10 | -14 | -7 | 15 | 11 | 2 | -3 | -7 | -18 | -21 | |
| EPS in Rs | -5.04 | -3.92 | -8.36 | -5.81 | -7.78 | -4.04 | 8.45 | 6.31 | 1.20 | -1.76 | -4.08 | -10.25 | -10.82 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 1% |
| 3 Years: | -28% |
| TTM: | -64% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -209% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 53% |
| 3 Years: | 13% |
| 1 Year: | 22% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -37% |
| 3 Years: | -50% |
| Last Year: | -239% |
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 23 |
| Reserves | 8 | -9 | -23 | -8 | -22 | -29 | -14 | -3 | -1 | 3 | -5 | -23 | -14 |
| 29 | 33 | 39 | 42 | 45 | 48 | 40 | 30 | 24 | 25 | 15 | 22 | 17 | |
| 12 | 9 | 14 | 16 | 20 | 27 | 18 | 28 | 21 | 17 | 28 | 31 | 27 | |
| Total Liabilities | 66 | 51 | 47 | 67 | 61 | 63 | 62 | 73 | 62 | 62 | 56 | 48 | 53 |
| 26 | 17 | 16 | 40 | 37 | 35 | 24 | 21 | 20 | 27 | 19 | 18 | 24 | |
| CWIP | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 0 | 5 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 40 | 32 | 29 | 25 | 22 | 25 | 36 | 50 | 39 | 32 | 38 | 25 | 28 | |
| Total Assets | 66 | 51 | 47 | 67 | 61 | 63 | 62 | 73 | 62 | 62 | 56 | 48 | 53 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 | 1 | -0 | 1 | 1 | 0 | -7 | -2 | -6 | 3 | 0 | -1 | |
| -0 | -2 | -1 | 0 | 3 | 2 | 9 | 19 | 11 | 0 | 10 | -5 | |
| -4 | 1 | 1 | -1 | -4 | -2 | -3 | -13 | -8 | -2 | -10 | 7 | |
| Net Cash Flow | -0 | 0 | 0 | -0 | 0 | 0 | -1 | 4 | -4 | 1 | -1 | 0 |
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 | 56 | 48 | 51 | 64 | 54 | 94 | 126 | 153 | 78 | 61 | 109 | 105 |
| Inventory Days | 631 | 622 | 497 | 690 | 678 | 268 | 1,292 | 824 | 406 | 304 | 263 | 264 |
| Days Payable | 163 | 129 | 127 | 212 | 273 | 256 | 700 | 370 | 77 | 154 | 138 | 393 |
| Cash Conversion Cycle | 523 | 541 | 421 | 543 | 458 | 106 | 719 | 606 | 407 | 211 | 234 | -24 |
| Working Capital Days | 33 | -8 | -148 | -387 | -1,204 | -527 | 216 | 217 | 138 | 107 | 78 | -472 |
| ROCE % | -6% | -6% | -17% | -14% | -16% | -11% | -1% | -1% | 3% | -6% | -11% | -40% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Jan - DP) Regulations, 2018 for Quarter ended December, 2025
-
Announcement under Regulation 30 (LODR)-Allotment
10 Jan - Allotment of 34,41,417 shares (₹11.53Cr) and 18,07,835 warrants; allotments on Jan 10, 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 10Th January, 2026 For Approval Of Allotment Of Equity Shares On Preferential Basis And Allotment Of Convertible Warrants
10 Jan - 10 Jan 2026: Allotted 34,41,417 shares (₹11.5287Cr) and 18,07,835 warrants (25% paid; ₹6.0562Cr).
- Closure of Trading Window 26 Dec
-
Clarification On Price Movement
16 Dec - Company clarifies no price-sensitive events; NSDL approved preferential issue previously disclosed.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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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 2012
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Financial Year 2011
from bse
Concalls
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Aug 2024TranscriptAI SummaryPPT
Business Overview:[1]
Company is engaged in two business lines:
a) Laminated particle boards made from agri-residues mainly bagasse,
b) Anaerobic waste water treatment plants for distilleries and other industries.
Company's particle boards, marketed in the brand name Ecoboard, are 100% wood free and all purpose boards. They are meant to be an alternative to conventional wood based particle boards, plywood and other panel products. It is the first product to be given Eco mark by the Government of India for its eco-friendly properties.
Ecoboard are made from any form of agricultural waste and converted into good quality.