Eon Electric Ltd

Eon Electric Ltd

₹ 6.40 -4.48%
26 Oct 2020
About

Eon Electric is engaged in the manufacturing and selling of Cables and Wires, Energy Efficient LED Based Lighting, Wiring accessories, Fans, Geysers, Lithium-ion Batteries, Mobile phone accessories and other electrical products.

  • Market Cap 10.8 Cr.
  • Current Price 6.40
  • High / Low /
  • Stock P/E
  • Book Value 59.2
  • Dividend Yield 0.00 %
  • ROCE -9.81 %
  • ROE -24.3 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Stock is trading at 0.11 times its book value

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -7.32% over last 3 years.
  • Contingent liabilities of Rs.27.1 Cr.
  • Company has high debtors of 430 days.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 308 days to 474 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
15 17 27 18 5 1 2
20 24 30 24 12 17 24
Operating Profit -6 -6 -2 -5 -6 -16 -22
OPM % -38% -37% -9% -30% -119% -1,446% -1,176%
1 4 1 1 0 0 0
Interest 3 3 2 2 2 2 2
Depreciation 1 1 0 0 0 0 0
Profit before tax -8 -6 -4 -7 -8 -17 -24
Tax % -4% 2% -12% -8% -1% -6% 0%
-8 -6 -4 -6 -8 -16 -24
EPS in Rs -4.78 -3.35 -2.30 -3.76 -4.96 -9.66 -14.15
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
30 55 125 170 181 158 77 26
614 85 144 170 174 149 97 76
Operating Profit -584 -30 -18 -1 7 9 -20 -49
OPM % -1,965% -54% -15% -1% 4% 6% -26% -187%
935 22 9 8 7 5 7 1
Interest 4 1 7 9 9 11 10 7
Depreciation 4 5 2 2 2 2 2 2
Profit before tax 343 -13 -19 -4 3 1 -25 -57
Tax % 23% 29% 8% -3% -13% 51% -5%
263 -17 -20 -4 4 0 -24 -55
EPS in Rs -10.52 -12.73 -2.50 2.22 0.26 -14.19 -32.53
Dividend Payout % 6% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -23%
TTM: -51%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -8868%
Stock Price CAGR
10 Years: -17%
5 Years: -21%
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: -7%
Last Year: -24%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity Capital 17 16 8 8 8 8 8
Reserves 350 329 108 104 111 115 92
1 1 65 68 76 97 51
12 15 33 44 49 51 47
Total Liabilities 380 360 214 223 244 272 198
40 64 41 40 39 37 29
CWIP 3 2 0 0 0 0 0
Investments 288 226 70 56 49 53 14
50 68 103 127 156 182 155
Total Assets 380 360 214 223 244 272 198

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
-96 -41 -24 -14 -16 -18 1
246 54 28 20 16 0 51
-147 -8 2 -5 2 15 -55
Net Cash Flow 3 6 6 0 1 -2 -3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Debtor Days 193 133 128 140 186 255 430
Inventory Days 107 92 122 112 97 156 278
Days Payable 37 33 70 83 103 136 186
Cash Conversion Cycle 262 191 180 169 180 275 522
Working Capital Days 250 169 167 154 178 272 474
ROCE % -7% -0% 5% 6% -10%

Shareholding Pattern

Numbers in percentages

Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020
61.75% 61.75% 61.75% 61.75% 61.75% 61.75% 61.75% 61.75% 61.75% 61.75% 61.75% 61.75%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.00% 0.00% 0.00%
38.25% 38.25% 38.25% 38.25% 38.25% 38.25% 38.25% 38.25% 38.21% 38.25% 38.25% 38.25%
No. of Shareholders 17,33817,48417,42117,70517,39117,22517,05217,04916,88016,73516,68416,565

* 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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