Electrotherm (India) Ltd

Electrotherm(I) Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Electrotherm (India) Ltd

₹ 983 5.00%
22 Nov 4:00 p.m.
electrotherm.com BSE: 526608 NSE: ELECTHERM
About

Incorporated in 1983, Electrotherm Ltd is in
the business of Engineering & Technologies, Special Steel and Electric Vehicles[1]

Key Points

Market Share
The company holds a global 3.5 Lacs KW market share in the metal melting industry. It commands a 65%+ market share in induction melting equipment used by the steelmaking industry in India. [1]

Website BSE NSE - BE
  • Market Cap ₹ 1,267 Cr.
  • Current Price ₹ 983
  • High / Low ₹ 1,317 / 193
  • Stock P/E 3.46
  • Book Value ₹ -482
  • Dividend Yield 0.00 %
  • ROCE 40.2 %
  • ROE %
  • Face Value ₹ 10.0
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Pros

Cons

  • Promoter holding has decreased over last quarter: -0.36%
  • Promoter holding is low: 30.7%
  • Contingent liabilities of Rs.1,067 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: Steel Industry: Steel - Medium / Small

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
719 811 607 679 747 615 1,033 931 985 1,137 1,218 1,059 814
715 791 599 702 735 577 926 860 894 1,011 1,087 927 746
Operating Profit 4 20 8 -23 12 38 107 72 91 126 131 132 67
OPM % 1% 2% 1% -3% 2% 6% 10% 8% 9% 11% 11% 12% 8%
1 1 4 3 1 1 -34 0 2 0 2 1 15
Interest 10 11 14 12 17 19 19 22 13 8 18 14 12
Depreciation 21 23 21 12 12 12 12 12 12 12 11 11 11
Profit before tax -26 -14 -23 -45 -16 7 42 39 68 107 104 109 59
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-26 -14 -23 -45 -16 7 42 39 68 107 104 109 59
EPS in Rs -20.58 -10.66 -17.83 -35.10 -12.53 5.74 32.62 30.36 52.99 84.03 81.64 85.41 46.67
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Sep 2013 Mar 2014 6m Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1,240 765 2,048 2,101 2,259 2,927 4,040 3,212 2,518 2,831 3,074 4,272 4,228
1,263 984 2,362 2,133 2,198 2,779 3,737 3,083 2,298 2,745 2,940 3,852 3,772
Operating Profit -23 -220 -314 -32 61 149 303 129 220 86 134 419 456
OPM % -2% -29% -15% -2% 3% 5% 8% 4% 9% 3% 4% 10% 11%
7 -25 3 8 1 9 20 49 4 7 -30 5 18
Interest 107 10 10 1 4 5 38 19 54 45 67 60 51
Depreciation 143 72 159 154 148 149 143 134 121 88 49 47 44
Profit before tax -266 -326 -481 -180 -91 3 142 24 49 -40 -12 317 379
Tax % 0% -1% -0% 0% 0% 1% 0% 0% 0% 0% 0% 0%
-266 -322 -480 -180 -91 3 142 24 49 -40 -12 317 379
EPS in Rs -231.69 -280.49 -416.71 -156.72 -71.62 2.32 111.32 18.91 38.84 -31.67 -9.28 249.03 297.75
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 19%
5 Years: 1%
3 Years: 19%
TTM: 19%
Compounded Profit Growth
10 Years: 12%
5 Years: 17%
3 Years: 86%
TTM: 91%
Stock Price CAGR
10 Years: 49%
5 Years: 50%
3 Years: 103%
1 Year: 441%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Sep 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 11 11 11 11 13 13 13 13 13 13 13 13 13
Reserves -280 -608 -1,085 -1,265 -1,379 -1,375 -1,235 -1,106 -1,055 -1,095 -1,109 -794 -627
3,263 3,245 3,197 3,186 3,073 2,851 2,616 2,294 2,234 2,087 1,986 1,770 1,625
351 353 354 368 512 671 775 720 705 741 862 852 962
Total Liabilities 3,345 3,002 2,477 2,300 2,219 2,160 2,169 1,920 1,897 1,745 1,752 1,841 1,973
1,677 1,606 1,457 1,321 1,118 1,027 949 825 738 698 638 613 601
CWIP 24 23 21 21 22 17 29 28 27 33 26 44 57
Investments 0 0 0 2 7 7 7 7 7 8 8 8 8
1,643 1,373 998 957 1,073 1,108 1,184 1,060 1,124 1,007 1,081 1,177 1,306
Total Assets 3,345 3,002 2,477 2,300 2,219 2,160 2,169 1,920 1,897 1,745 1,752 1,841 1,973

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
12 46 72 52 58 161 344 181 225 179 107 351
-0 -3 -5 -42 -25 -46 -67 5 -62 -14 -2 -68
-31 -40 -46 -12 -52 -106 -262 -203 -104 -189 -103 -294
Net Cash Flow -19 3 21 -1 -19 9 15 -17 58 -24 2 -11

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Sep 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 117 194 57 46 49 46 30 36 40 22 25 19
Inventory Days 287 233 73 68 86 78 70 78 110 96 91 76
Days Payable 91 103 47 66 90 82 60 72 93 68 60 52
Cash Conversion Cycle 314 324 83 48 46 41 41 43 58 50 56 42
Working Capital Days -131 -478 -157 -114 -87 -83 -66 -83 35 20 15 18
ROCE % -5% -10% -20% -9% -4% 1% 13% 2% 9% 0% 10% 40%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
31.31% 31.31% 31.04% 31.04% 31.04% 31.04% 31.04% 31.04% 31.04% 31.04% 31.04% 30.69%
4.94% 5.10% 4.94% 4.94% 4.94% 4.94% 4.94% 4.94% 4.94% 4.95% 4.99% 4.81%
0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08%
63.67% 63.50% 63.94% 63.95% 63.94% 63.95% 63.95% 63.94% 63.94% 63.93% 63.89% 64.43%
No. of Shareholders 8,9079,8149,76710,40010,44410,41310,2239,0577,9167,4867,8068,730

* 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.

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