Electro Force (India) Ltd
Incorporated in 2010, Electro Force (India) Limited designs and manufactures electrical components and metal/plastic contact parts for India's electronics, lighting, switchgear, and allied industries.[1]
- Market Cap ₹ 172 Cr.
- Current Price ₹ 73.4
- High / Low ₹ 152 / 70.8
- Stock P/E 29.9
- Book Value ₹ 30.0
- Dividend Yield 0.00 %
- ROCE 43.1 %
- ROE 31.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 57.8%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 | |
---|---|---|---|---|---|
14.49 | 15.69 | 34.40 | 30.25 | 36.44 | |
14.81 | 17.24 | 23.00 | 18.91 | 28.01 | |
Operating Profit | -0.32 | -1.55 | 11.40 | 11.34 | 8.43 |
OPM % | -2.21% | -9.88% | 33.14% | 37.49% | 23.13% |
1.69 | 0.13 | 0.04 | 0.04 | 0.14 | |
Interest | 0.08 | 0.06 | 0.01 | 0.00 | 0.03 |
Depreciation | 0.98 | 0.79 | 0.84 | 0.70 | 0.66 |
Profit before tax | 0.31 | -2.27 | 10.59 | 10.68 | 7.88 |
Tax % | 0.00% | -1.32% | 18.41% | 25.19% | 27.16% |
0.31 | -2.24 | 8.64 | 8.00 | 5.75 | |
EPS in Rs | 0.62 | -4.48 | 17.28 | 4.60 | 2.46 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 32% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 66% |
TTM: | -28% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 58% |
Last Year: | 31% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 5.00 | 5.00 | 5.00 | 17.40 | 23.40 |
Reserves | -0.94 | -3.29 | 5.36 | 0.95 | 46.80 |
5.37 | 5.87 | 8.78 | 0.00 | 0.00 | |
7.02 | 9.62 | 28.69 | 53.97 | 15.45 | |
Total Liabilities | 16.45 | 17.20 | 47.83 | 72.32 | 85.65 |
4.44 | 7.37 | 3.41 | 3.08 | 2.81 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
12.01 | 9.83 | 44.42 | 69.24 | 82.84 | |
Total Assets | 16.45 | 17.20 | 47.83 | 72.32 | 85.65 |
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 | |
Inventory Days | 162.68 | 52.04 | 37.10 | 297.34 | |
Days Payable | 70.08 | 98.82 | 78.57 | 91.31 | |
Cash Conversion Cycle | 193.36 | 83.26 | 0.55 | 286.51 | |
Working Capital Days | 100.26 | -12.10 | 52.31 | 166.39 | |
ROCE % | -25.98% | 79.34% | 56.98% |
Documents
Announcements
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
19 July 2024 - Electro Force (India) Limited has informed regarding Non Applicability of Regulation 27(2) Compliance Report on Corporate Governance for the quarter ended 30th June, 2024
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
19 July 2024 - Electro Force (India) Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
3 July 2024 - ELECTRO FORCE (INDIA) LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Resignation of Independent director
3 July 2024 - ELECTRO FORCE (INDIA) LIMITED has informed about Resignation of Independent director.
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Cessation
3 July 2024 - Electro Force (India) Limited has informed regarding Cessation of Reetu Bansal as Company Secretary & Compliance Officer of the company w.e.f. Jun 26, 2024.
Annual reports
No data available.
Business Profile[1] Electro Force designs and manufactures stamping components and plastic components by metal stamping, injection molding and insert molding for electrical MCBs (Miniature Circuit Breakers), 63A electrical manual transfer switches, electrical MCCBs & RCBs, brushless DC motors for medical devices/aerospace/defense and automation, electrical motor starters, Electrical Control Gears, and electrical switches.