Elpro International Ltd

Elpro International Ltd

₹ 96.8 -3.58%
19 Jul - close price
About

Elpro International Limited is engaged in manufacturing surge arresters, construction and development of real estate properties, equity investment in third parties and windmill operations. [1]

Key Points

Business Segments
1ELPROPARK - It is part of an integrated development comprising a residential complex, school, mall, and daycare.
Elpro City Square - Is Pune’s latest entertainment and lifestyle destination offering the finest in retail and fashion.
Elpro - It brings a complete range of Dynamic and High-performance Surge suppression products for the complete spectrum of High & Low voltage [1]

  • Market Cap 1,641 Cr.
  • Current Price 96.8
  • High / Low 114 / 54.5
  • Stock P/E 35.2
  • Book Value 91.9
  • Dividend Yield 0.62 %
  • ROCE 4.82 %
  • ROE 3.31 %
  • Face Value 1.00

Pros

  • Stock is trading at 1.05 times its book value
  • Company has delivered good profit growth of 33.9% CAGR over last 5 years
  • Debtor days have improved from 50.6 to 21.7 days.

Cons

  • Tax rate seems low
  • Company has a low return on equity of 4.80% over last 3 years.
  • Earnings include an other income of Rs.41.0 Cr.

* 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: Construction Industry: Construction

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
21 13 16 20 23 24 24 25 25 27 28 28 29
14 4 6 11 17 14 13 18 19 17 16 17 19
Operating Profit 7 9 11 9 6 10 11 7 5 10 12 12 10
OPM % 32% 70% 64% 47% 25% 41% 47% 28% 21% 37% 43% 41% 36%
1 1 1 1 1,195 10 12 7 5 5 7 3 25
Interest 6 6 6 6 6 1 1 1 2 3 4 7 10
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 1 3 4 3 1,194 18 21 12 7 11 14 6 24
Tax % -403% 11% 19% 17% 18% 11% 14% 26% 129% 52% -6% 27% 6%
4 3 4 3 980 16 19 9 -2 5 15 5 22
EPS in Rs 0.21 0.16 0.21 0.17 57.82 0.95 1.10 0.50 -0.11 0.31 0.86 0.27 1.31
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
34 28 37 45 53 61 41 110 63 72 97 112
19 18 21 30 28 23 36 78 33 38 64 68
Operating Profit 15 11 16 15 25 38 6 32 30 35 34 44
OPM % 44% 37% 44% 34% 46% 62% 14% 29% 48% 48% 34% 39%
4 0 0 0 1 0 108 4 3 1,197 34 41
Interest 11 14 18 19 30 33 25 27 25 23 5 25
Depreciation 1 1 0 0 1 1 1 2 4 5 5 5
Profit before tax 7 -4 -2 -4 -6 4 87 7 5 1,204 58 54
Tax % 0% 0% 0% 0% 0% 0% 19% 32% -42% 18% 28% 15%
7 -4 -2 -4 -6 4 71 5 7 989 41 47
EPS in Rs 0.40 -0.24 -0.12 -0.21 -0.33 0.25 4.20 0.28 0.41 58.36 2.44 2.75
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 9% 0%
Compounded Sales Growth
10 Years: 15%
5 Years: 22%
3 Years: 21%
TTM: 15%
Compounded Profit Growth
10 Years: 30%
5 Years: 34%
3 Years: 88%
TTM: 52%
Stock Price CAGR
10 Years: 19%
5 Years: 14%
3 Years: 17%
1 Year: 53%
Return on Equity
10 Years: 3%
5 Years: 5%
3 Years: 5%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5 5 5 14 14 14 17 17 17 17 17 17
Reserves 149 145 143 130 124 128 210 197 219 1,210 1,237 1,540
92 110 125 150 198 257 165 230 220 56 128 368
98 97 91 98 58 56 125 75 67 92 121 147
Total Liabilities 344 356 364 393 393 455 517 519 523 1,374 1,503 2,072
10 9 8 8 44 69 175 199 196 193 418 456
CWIP 9 22 26 29 0 0 0 0 0 0 0 0
Investments 271 271 271 271 270 301 247 252 257 1,071 842 1,477
55 55 59 86 79 85 94 68 70 110 242 139
Total Assets 344 356 364 393 393 455 517 519 523 1,374 1,503 2,072

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-82 12 9 27 34 58 -76 25 16 -162 30 11
-13 -16 -7 -29 -13 -70 100 -82 20 387 -133 -216
98 2 -3 7 -25 14 -24 57 -33 -185 60 205
Net Cash Flow 3 -2 -1 5 -4 2 -1 0 3 40 -43 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 58 35 57 37 28 14 26 12 70 62 68 22
Inventory Days 4,420 4,320 3,310 1,517 5,976
Days Payable 656 496 439 861 2,062
Cash Conversion Cycle 3,821 3,859 2,928 37 684 14 3,940 12 70 62 68 22
Working Capital Days -291 -350 -136 -1 129 127 -529 -92 -75 -47 555 246
ROCE % 8% 4% 6% 5% 8% 10% 1% 8% 7% 14% 4% 5%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
74.99% 74.99% 74.99% 74.99% 74.99% 74.99% 74.99% 74.99% 74.99% 75.00% 75.00% 75.00%
14.13% 13.81% 13.81% 13.80% 13.68% 13.68% 13.07% 12.42% 12.03% 11.33% 11.22% 11.22%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
10.87% 11.19% 11.19% 11.20% 11.33% 11.32% 11.93% 12.57% 12.97% 13.66% 13.76% 13.77%
No. of Shareholders 4,4635,5155,4946,4409,2369,7309,5579,4369,4788,9659,27810,259

* 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.

Documents