Elantas Beck India Ltd
ELANTAS Beck India Limited is engaged in manufacturing a wide range of specialty chemicals in the electrical insulation and construction industries. It is a part of ALTANA, an international specialty chemicals group. [1]
- Market Cap ₹ 7,956 Cr.
- Current Price ₹ 10,036
- High / Low ₹ 14,980 / 8,101
- Stock P/E 57.0
- Book Value ₹ 1,094
- Dividend Yield 0.05 %
- ROCE 23.0 %
- ROE 17.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 23.1% CAGR over last 5 years
Cons
- Stock is trading at 9.18 times its book value
- Earnings include an other income of Rs.54.8 Cr.
- Working capital days have increased from 107 days to 241 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
Sector: Chemicals Industry: Chemicals
Part of BSE Allcap BSE SmallCap BSE Commodities
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
304 | 341 | 344 | 365 | 383 | 409 | 394 | 383 | 522 | 645 | 680 | 749 | |
265 | 299 | 282 | 287 | 304 | 344 | 340 | 313 | 444 | 535 | 537 | 604 | |
Operating Profit | 39 | 42 | 62 | 79 | 78 | 65 | 54 | 70 | 78 | 110 | 143 | 144 |
OPM % | 13% | 12% | 18% | 22% | 20% | 16% | 14% | 18% | 15% | 17% | 21% | 19% |
11 | 8 | 6 | 8 | 9 | 31 | 18 | 22 | 25 | 32 | 53 | 55 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Depreciation | 5 | 5 | 6 | 5 | 6 | 7 | 7 | 12 | 12 | 12 | 12 | 15 |
Profit before tax | 45 | 45 | 62 | 81 | 81 | 89 | 64 | 80 | 91 | 129 | 184 | 183 |
Tax % | 29% | 30% | 32% | 33% | 32% | 26% | 22% | 23% | 27% | 24% | 25% | 24% |
32 | 32 | 42 | 54 | 55 | 66 | 50 | 62 | 67 | 98 | 137 | 140 | |
EPS in Rs | 40.05 | 39.87 | 52.68 | 68.73 | 69.48 | 82.99 | 62.51 | 77.90 | 84.36 | 123.34 | 173.19 | 176.04 |
Dividend Payout % | 137% | 11% | 9% | 7% | 6% | 5% | 8% | 6% | 6% | 4% | 3% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 14% |
3 Years: | 13% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 23% |
3 Years: | 33% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 35% |
3 Years: | 45% |
1 Year: | 22% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 17% |
3 Years: | 18% |
Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
Reserves | 100 | 128 | 164 | 214 | 270 | 331 | 376 | 434 | 497 | 591 | 724 | 859 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
93 | 57 | 64 | 70 | 70 | 76 | 72 | 95 | 114 | 119 | 149 | 148 | |
Total Liabilities | 201 | 192 | 236 | 291 | 348 | 415 | 456 | 536 | 618 | 717 | 881 | 1,015 |
48 | 45 | 45 | 36 | 40 | 70 | 110 | 103 | 98 | 98 | 99 | 232 | |
CWIP | 0 | 1 | 0 | 5 | 15 | 0 | 10 | 18 | 19 | 13 | 17 | 10 |
Investments | 45 | 30 | 64 | 109 | 139 | 174 | 160 | 218 | 261 | 356 | 517 | 379 |
108 | 116 | 126 | 140 | 154 | 171 | 176 | 198 | 240 | 250 | 247 | 395 | |
Total Assets | 201 | 192 | 236 | 291 | 348 | 415 | 456 | 536 | 618 | 717 | 881 | 1,015 |
Cash Flows
Figures in Rs. Crores
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 31 | 46 | 56 | 51 | 33 | 48 | 79 | 29 | 83 | 133 | 63 | |
62 | 19 | -42 | -51 | -45 | -32 | -40 | -69 | -33 | -76 | -132 | 78 | |
-85 | -51 | -4 | -5 | -5 | -4 | -5 | -4 | -4 | -5 | -5 | -5 | |
Net Cash Flow | -0 | -2 | 0 | 0 | 2 | -3 | 4 | 6 | -8 | 2 | -3 | 136 |
Ratios
Figures in Rs. Crores
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 56 | 53 | 59 | 53 | 70 | 75 | 57 | 67 | 61 | 58 | 55 | 62 |
Inventory Days | 81 | 84 | 85 | 100 | 75 | 74 | 77 | 89 | 95 | 73 | 68 | 73 |
Days Payable | 44 | 55 | 64 | 73 | 73 | 71 | 56 | 103 | 86 | 67 | 81 | 71 |
Cash Conversion Cycle | 93 | 82 | 80 | 80 | 71 | 78 | 77 | 54 | 70 | 64 | 41 | 64 |
Working Capital Days | 9 | 58 | 55 | 55 | 62 | 69 | 59 | 46 | 57 | 48 | 33 | 241 |
ROCE % | 34% | 35% | 40% | 41% | 33% | 23% | 18% | 19% | 17% | 22% | 28% | 23% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 10 Mar
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 10 Mar
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Mar - Newspaper Advertisement for transfer of equity shares of the Company to IEPF Authority.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
27 Feb - Submission of Annual Secretarial Compliance Report for 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
20 Feb - Newpaper Publication of Audited Financial Results for the Quarter and Year ended on 31st December, 2024
Annual reports
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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
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Financial Year 2010
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Financial Year 2009
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Business Segments
**Electrical Insulation Business **
It caters to Magnet Wire manufacturers, whose end customer base spans the Home Appliances, Transformers, automotive, and Industrial Segments. Secondary Insulation products like Varnishes find application in Rotating Machines used in Home Appliances, Automotive Components, Industrial Motors, etc. [1]