Ecoboard Industries Ltd
Incorporated in 1991, Ecoboard Industries Limited is engaged in manufacturing and selling of Eco-Friendly Particle Boards and Bio Systems
- Market Cap ₹ 61.2 Cr.
- Current Price ₹ 34.3
- High / Low ₹ 46.6 / 18.5
- Stock P/E
- Book Value ₹ 5.23
- Dividend Yield 0.00 %
- ROCE -10.8 %
- ROE -28.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 6.57 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -21.1% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 82.8 to 109 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: Diversified Industry: Diversified - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
37 | 28 | 17 | 22 | 16 | 9 | 20 | 12 | 15 | 35 | 39 | 30 | 22 | |
37 | 29 | 20 | 28 | 21 | 15 | 24 | 13 | 16 | 34 | 42 | 33 | 27 | |
Operating Profit | -0 | -1 | -3 | -6 | -5 | -6 | -4 | -1 | -1 | 1 | -4 | -3 | -5 |
OPM % | -0% | -3% | -20% | -27% | -30% | -73% | -17% | -11% | -5% | 3% | -9% | -10% | -25% |
1 | -0 | 2 | -2 | 0 | 0 | 2 | 20 | 16 | 4 | 4 | -2 | -7 | |
Interest | 4 | 5 | 5 | 5 | 4 | 6 | 5 | 2 | 3 | 2 | 2 | 1 | 1 |
Depreciation | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | -7 | -9 | -7 | -15 | -10 | -14 | -7 | 15 | 11 | 2 | -3 | -7 | -14 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% | |
-7 | -9 | -7 | -15 | -10 | -14 | -7 | 15 | 11 | 2 | -3 | -7 | -14 | |
EPS in Rs | -3.88 | -5.04 | -3.92 | -8.36 | -5.81 | -7.78 | -4.04 | 8.45 | 6.31 | 1.20 | -1.76 | -4.08 | -8.01 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 8% |
3 Years: | 26% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 8% |
3 Years: | -20% |
TTM: | 33% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 45% |
3 Years: | 16% |
1 Year: | 15% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -21% |
Last Year: | -29% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
Reserves | 17 | 8 | -9 | -23 | -8 | -22 | -29 | -14 | -3 | -1 | 3 | -5 | -9 |
28 | 29 | 33 | 39 | 42 | 45 | 48 | 40 | 30 | 24 | 25 | 15 | 15 | |
14 | 12 | 9 | 14 | 16 | 20 | 27 | 18 | 28 | 21 | 17 | 28 | 27 | |
Total Liabilities | 76 | 66 | 51 | 47 | 67 | 61 | 63 | 62 | 73 | 62 | 62 | 56 | 51 |
30 | 26 | 17 | 16 | 40 | 37 | 35 | 24 | 21 | 20 | 27 | 19 | 18 | |
CWIP | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
47 | 40 | 32 | 29 | 25 | 22 | 25 | 36 | 50 | 39 | 32 | 38 | 33 | |
Total Assets | 76 | 66 | 51 | 47 | 67 | 61 | 63 | 62 | 73 | 62 | 62 | 56 | 51 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 4 | 1 | -0 | 1 | 1 | 0 | -7 | -2 | -6 | 3 | 0 | |
-0 | -0 | -2 | -1 | 0 | 3 | 2 | 9 | 19 | 11 | 0 | 10 | |
-1 | -4 | 1 | 1 | -1 | -4 | -2 | -3 | -13 | -8 | -2 | -10 | |
Net Cash Flow | 0 | -0 | 0 | 0 | -0 | 0 | 0 | -1 | 4 | -4 | 1 | -1 |
Ratios
Figures in Rs. Crores
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 | 63 | 56 | 48 | 51 | 64 | 54 | 94 | 126 | 153 | 78 | 61 | 109 |
Inventory Days | 598 | 631 | 622 | 497 | 690 | 678 | 268 | 1,292 | 824 | 406 | 304 | 263 |
Days Payable | 172 | 163 | 129 | 127 | 212 | 273 | 256 | 700 | 370 | 77 | 154 | 138 |
Cash Conversion Cycle | 489 | 523 | 541 | 421 | 543 | 458 | 106 | 719 | 606 | 407 | 211 | 234 |
Working Capital Days | 315 | 356 | 486 | 282 | 262 | 35 | -40 | 524 | 430 | 174 | 133 | 112 |
ROCE % | -4% | -6% | -6% | -17% | -14% | -16% | -11% | -1% | -1% | 3% | -6% | -11% |
Documents
Announcements
-
Integrated Filing (Financial)
14 Feb - Approved unaudited financial results for Q3 2024.
-
Board Meeting Outcome for Outcome Of Board Meeting
14 Feb - Approved unaudited financial results for Q3 2024.
- Unaudited Financial Results For Quarter And 9 Months Ended 31St December 2024 14 Feb
-
Board Meeting Intimation for Intimation Of Board Meeting Of The Company For Declaration Of Un-Audited Financial Results For The Quarter Ended And Nine Months Ended 31St December 2024
10 Feb - Board meeting scheduled to discuss financial results.
-
Shareholder Meeting / Postal Ballot-Outcome of EGM
31 Jan - Summary of Extra-ordinary General Meeting proceedings.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Concalls
-
Aug 2024TranscriptNotesPPT
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.