Electrotherm (India) Ltd.
Snapshot View

154.00 +0.85 ▲0.6%

26 July 2021, 10:12:00 A.M.
Volume: 324

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.electrotherm.com
Financial Indicators
Market Cap 195.16 Cr.
Earnings per share (EPS) -55.47 Trailing Twelve Months Ending 2020-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2020-12
Industry PE 19.75 Trailing Twelve Months Ending 2020-12
Book Value / Share -875.48 Trailing Twelve Months Ending 2020-12
Price to Book Value -0.17 Calculated using Price: 153.15
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.27 Cr. 12,742,814 Shares
FaceValue 10
Company Profile

Electrotherm India incorporated in 1986, is engaged in manufacturing of steel, electric vehicle and providing engineering services.

The company also operates research and development division which focuses on enhancing its function, develop and upgrade its equipments EIL has received ISO 9001:2000 certification for its quality management.

Electrotherm has exported its products to over 30 countries namely Bangladesh, Congo, Ethiopia, Ghana, Greece, Iran, Iraq, Kenya, Malaysia, Mauritius, Myanmar, Nigeria, Nepal, Pakistan, Senegal, Sri Lanka, Saudi Arabia, South Africa, Sudan, Surinam, Syria, Tanzania, Turkey, UAE, Uganda, Yemen, Zimbabwe etc.

Business divisionEngineering- Company’s engineering plant is spread over on an area of 90,000 square meters at Palodia, Ahmedabad. It manufactures induction furnaces, ladle refining furnaces, metal refining converters, induction heating and hardening equipments, continuous induction furnace and other specialized plant and machinery as well as HYL gas-based DRI plants

Stainless Steel- The company has set up Rs.440-Crore Steel Plant at Samakhiyali, Kutch that comprised of Induction Furnaces, Ladle Refining Furnaces and Continuous Casters and two Sponge Iron Kilns and a 30 MW power plant. Under this division the company manufactures Alloy Steel, Stainless Steel and TMT bars.

Electric Vehicles- The company manufactures electric vehicles and markets it under the brand name Yo-bykes.

Milestones

1983- The company received its first order of 350 KW/ 500 KG.

1984- The company designed and developed India’s first indigenous solid state generator of 1200 KV.

1989- The company entered global market by receiving orders from Ethiopia and Bangladesh.

1992- Electrotherm developed and commissioned India’s first integrated stainless steel manufacturing line incorporating MF Induction Melting Furnace, Metal Refining Konverter and DC Ladle Refining Furnace at Viraj Alloys

1995- The company developed and commissioned a 12MT MF Induction Melting Furnace, 15 MT Metal Refining Konverter and 18 MT Twin Electrode DC Ladle Refining Furnace at Stainless India Jodhpur, a project of Mukand.

Electrotherm developed and commissioned M.F. Induction Melting Furnace of the country at Shah Alloys (7500KW /15 MT).

1996- The company developed and commissioned India’s first indigenous DC Arc Furnace of 22 MT.

1997- The company supplied large MF Induction Melting Furnaces with DC Ladle Refining Furnace for the world’s largest billet manufacturing facility through the route of Induction Melting Furnace at Vishwas Steels, Goa.

1999- Company developed and started Bent Bent Rail Hardening System at Digvijay Steel Industries, Batala.        

        Company developed and commissioned M.F. Induction Melting Furnace of 20 MT at Shah Alloys.

2001- Company developed and started a 50MT Metal Refining Konverter at Shah Alloys, Ahmedabad.

2004- Company developed and started M.F. Induction Melting Furnace of 25 MT at Bhagyalaxmi Steels, Aurangabad.

Outlook

Electrotherm launched another battery operated two-wheeler, the Yoelectron. This bike is a battery-operated zero-pollution vehicle that can run up to 75 km per charge. The two variants of the new model cost Rs.28,500 and Rs.29,000, depending on the colour scheme.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.56%
1 Week
-0.96%
1 Month
-10.39%
3 Month
+46.60%
6 Month
+39.24%
1 Year
+53.69%
2 Year
-17.54%
5 Year
+105.33%
9 years 2012-09 2013-09 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -271.71
Return on Capital Employed (%) -11.24 -5.43 -11.44 -20.23 -8.92 -4.82 0.51 12.51 3.06
Return on Assets (%) -20.69 -7.66 -10.14 -17.52 -7.53 -4.04 0.14 6.55 1.18

Balance Sheet View Details

Particulars 9 years 2012-09 Rs. Cr. 2013-09 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 19 -257 -584 -1,062 -1,213 -1,366 -1,362 -1,222 -1,093
Non Curr. Liab. 567 341 61 1,297 1,751 1,837 1,617 1,456 1,294
Curr. Liab. 3,010 3,253 3,518 2,236 1,756 1,748 1,906 1,934 1,719
Minority Int. 8 8 8 6 6
Equity & Liab. 3,603 3,345 3,002 2,477 2,300 2,219 2,160 2,169 1,920
Non Curr. Assets 1,875 1,760 1,687 1,529 1,379 1,217 1,107 1,056 916
Curr. Assets 1,696 1,585 1,313 914 887 1,003 1,053 1,112 1,004
Misc. Exp. not W/O 33 3 34 34
Total Assets 3,603 3,345 3,002 2,477 2,300 2,219 2,160 2,169 1,920

Profit Loss View Details

Particulars 9 years 2012-09 Rs. Cr. 2013-09 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 2,582 1,240 765 2,048 2,101 2,259 2,927 4,040 3,200
Other Income 27 7 3 9 11 20 9 36 26
Total Income 2,609 1,247 767 2,056 2,112 2,279 2,936 4,076 3,226
Total Expenditure -2,767 -1,268 -984 -2,362 -2,133 -2,203 -2,779 -3,753 -3,088
PBIDT -158 -20 -217 -306 -21 76 157 323 138
Interest -503 -102 -10 -12 -4 -4 -5 -38 -16
Depreciation -206 -143 -72 -159 -154 -148 -149 -143 -134
Taxation 85 0 4 1 0 0 0 0 0
Exceptional Items -28 -3 -14 36
PAT -782 -266 -322 -480 -180 -91 3 142 24

Cash Flow View Details

Particulars 9 years 2012-09 Rs. Cr. 2013-09 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -219 12 46 72 52 58 161 344 177
Cash Fr. Inv. -19 0 -3 -5 -42 -25 -46 -67 5
Cash Fr. Finan. 164 -31 -40 -46 -12 -52 -106 -262 -199
Net Change -74 -19 3 21 -1 -19 9 15 -17
Cash & Cash Eqvt 50 31 34 55 42 24 33 47 30

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 31.31 31.31 31.31 31.31 31.31 31.31 31.31 31.31 31.31
Public 68.69 68.69 68.69 68.69 68.69 68.69 68.69 68.69 68.69
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 7.52 7.52 7.52 7.52 7.52 7.52 7.52 7.52 7.52

Announcements View Details

Sat, 17 Jul 2021
Shareholding for the Period Ended June 30 2021
Electrotherm (India) Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Wed, 14 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Fageshkumar R Soni
Designation :- Company Secretary and Compliance Officer
Wed, 14 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Dear Sir / Madam

We are enclosing herewith confirmation certificate in the matter of Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 received from our Registrar and Transfer Agent Link Intime India Private Limited.

You are requested to please take the same on your record.

Technical Scans View Details

Fri, 23 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
ATR Decreasing for 3 Days ATR Decreasing for 3 Days

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