Electro Force (India) Ltd
Incorporated in 2010, Electro force (India) Ltd. manufactures electrical component products[1]
- Market Cap ₹ 77.6 Cr.
- Current Price ₹ 33.2
- High / Low ₹ 102 / 29.2
- Stock P/E
- Book Value ₹ 30.0
- Dividend Yield 0.00 %
- ROCE 18.9 %
- ROE 13.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.12 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.2%
- Debtor days have improved from 54.9 to 42.2 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.44%
- Working capital days have increased from 289 days to 649 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
14.49 | 15.69 | 34.40 | 30.25 | 36.44 | 28.91 | |
14.81 | 17.24 | 23.00 | 18.55 | 27.55 | 29.86 | |
Operating Profit | -0.32 | -1.55 | 11.40 | 11.70 | 8.89 | -0.95 |
OPM % | -2.21% | -9.88% | 33.14% | 38.68% | 24.40% | -3.29% |
1.69 | 0.13 | 0.04 | 0.04 | 0.14 | 0.11 | |
Interest | 0.08 | 0.06 | 0.01 | 0.36 | 0.49 | 0.03 |
Depreciation | 0.98 | 0.79 | 0.84 | 0.70 | 0.66 | 0.60 |
Profit before tax | 0.31 | -2.27 | 10.59 | 10.68 | 7.88 | -1.47 |
Tax % | 0.00% | -1.32% | 18.41% | 27.72% | 27.16% | |
0.31 | -2.24 | 8.64 | 7.72 | 5.75 | -1.26 | |
EPS in Rs | 0.62 | -4.48 | 17.28 | 4.44 | 2.46 | -0.54 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 32% |
TTM: | -30% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 66% |
TTM: | -111% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -67% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 34% |
Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 5.00 | 5.00 | 5.00 | 17.40 | 23.40 | 23.40 |
Reserves | -0.94 | -3.29 | 5.36 | 0.95 | 46.80 | 46.90 |
5.37 | 5.87 | 8.78 | 0.00 | 0.00 | 0.00 | |
7.02 | 9.62 | 28.69 | 53.97 | 15.45 | 13.43 | |
Total Liabilities | 16.45 | 17.20 | 47.83 | 72.32 | 85.65 | 83.73 |
4.44 | 7.37 | 3.41 | 3.08 | 2.81 | 2.57 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
12.01 | 9.83 | 44.42 | 69.24 | 82.84 | 81.16 | |
Total Assets | 16.45 | 17.20 | 47.83 | 72.32 | 85.65 | 83.73 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
4.32 | 3.03 | 3.59 | -0.23 | -44.79 | |
-0.65 | -3.67 | 3.16 | -0.33 | -1.06 | |
-3.37 | 0.43 | 2.90 | -8.78 | 46.06 | |
Net Cash Flow | 0.30 | -0.21 | 9.65 | -9.35 | 0.21 |
Ratios
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 100.76 | 130.04 | 42.02 | 80.48 | 42.17 |
Inventory Days | 162.68 | 52.04 | 37.10 | 297.34 | 160.80 |
Days Payable | 70.08 | 98.82 | 78.57 | 91.31 | 64.03 |
Cash Conversion Cycle | 193.36 | 83.26 | 0.55 | 286.51 | 138.95 |
Working Capital Days | 100.26 | -12.10 | 52.31 | 166.39 | 649.47 |
ROCE % | -25.98% | 79.34% | 58.90% | 18.90% |
Documents
Announcements
-
General Updates
31 March 2025 - Electro Force (India) Limited has informed about General Updates
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
31 March 2025 - ELECTRO FORCE (INDIA) LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Trading Window
26 March 2025 - Electro Force (India) Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
-
Trading Window-XBRL
26 March 2025 - ELECTRO FORCE (INDIA) LIMITED has informed about Closure of Trading Window
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
14 February 2025 - ELECTRO FORCE (INDIA) LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
Business Overview:[1]
EFL is in the business of design and manufacturing of precision sheet metal components, plastic injection moldings, and related assemblies. It is an ISO 9001 & 14001 certified company which specializes in providing innovative and advanced manufacturing solutions for complex precision sheet metal components
and assemblies to various industries such as Electrical & Electronics, Lighting, & other Engineering industries in India.
Their expertise includes product designing, prototyping, and
process development for precision sheet metal components & plastic products and assemblies for the electrical & switchgear industry.