Empire Industries Ltd.
Snapshot View

662.00 +27.00 ▲4.3%

25 May 2022, 04:01:00 PM
Volume: 4,989

Overview View Details

Sector Construction Materials Compare with Sector peers
Industry Glass Compare with Industry peers
Website http://www.empiremumbai.com
Market Cap 399.42 Cr.
Enterprise Value(EV) 557.26 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 23.75 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 28.04 Trailing Twelve Months Ending 2021-12
Industry PE 58.80 Trailing Twelve Months Ending 2021-12
Book Value / Share 429.17 Trailing Twelve Months Ending 2021-12
Price to Book Value 1.55 Calculated using Price: 665.70
Dividend Yield 3.76 Period Ending 2021-03
No. of Shares Subscribed 0.60 Cr. 5,999,998 Shares
FaceValue 10
Company Profile

Empire Industries is a 105 year old public limited company -- a multi-faceted conglomerate with interests in diverse businesses and associated with several international partners in each operating division.

The company has business interests in machine tools, industrial equipments, vending, foods, real estate and glass containers for pharmaceuticals.

Like most businesses in India during the British rule, Empire too, was part of a British company. India’s independence, threw open new business opportunities for Indian Entrepreneurs and India awoke to life and freedom. The Empire Dyeing & Manufacturing Company, Bombay.

Empire Industries is a well diversified group of enterprises, whose manufacturing and marketing operations cover the areas of machine tools, industrial equipments, vending, foods, real estate and glass containers for pharmaceuticals.

As an agency house, representing some of the world’s best known manufacturers and by virtue of its own strengths in manufacturing and marketing, Empire Industries is associated with many major national and international organizations. Repeated renewal of contracts by these organizations reflects the strong faith that they have in Group’s products and services. This has helped in Group’s growth. The turnover is Rs 8 billion.

With marketing offices all over the country, a manufacturing unit in Mumbai and an employee strength of 1000, Empire Industries is looking at tomorrow with one unified aim – “excellence in all its activities”.

They realize that they are in business to create and keep a customer. At Empire, they concentrate on delivering best to the customer, what they consider to be of value.

The company believes that the customer is the foundation of their existence. Concern and responsibility for him permeates all areas of their organization. To achieve this, they empower their managers. They give them status, position, prominence and authority, but also emphasize their responsibilities. They emphasize that no employee of Empire Industries should ever knowingly do harm.

Different divisions of the company are:

  • Vitrum MFTM – Vitrum Glass is an acknowledged and well respected leader in the manufacture and marketing of world quality amber glass containers for the pharmaceutical Industry both in India and abroad. Vitrum’s fully automated plant produces one million glass containers daily, on fully automatic eight section double gob machines and is located in the heart of Mumbai, at Vikhroli. The glass containers are of capacities ranging from 5ml. to 500ml.
  • Empire MFTM-EMT-MFTM Division is engaged in sales and service of high quality advanced technology – Metal Forming, Testing and Metrology Equipments and Project Consultancy for Engineering Industries.
  • Empire MCAT-EMT-MCAT - The division has a strong representation of world-class manufacturers of Metal Cutting Tools for Turning, Milling, Mill Turn Centers, Boring, Drilling, Surface, Center less, Double Disc Grinding, Roll Grinding, EDT Machines, Profiling and High Precision Class Broaching - each characterized with state of the art technology.
  • Empire Indusrial equipment- This division offers reliable, high-quality equipments and also provides flawless installation service support to world-renowned manufacturers in industries like ports, oil & gas pipelines, power generation, refineries, petrochemicals, chemicals, fertilizers, pharmaceuticals, metallurgical, forging, etc.
  • Empire Real Estate- This division manages and maintains Empire's existing property and develops new properties that are leased to various renowned companies.
  • Empire Vending- Recently, the concept of vending has been rated as one of the top 25 business ideas or innovations in India by leading CEOs, MDs and leaders of  all industries. Empire launched its first snack vending machine in Oct. 2006 and has now, a pan-India presence (across Mumbai, Delhi, Bangalore, Pune, Jaipur and Hyderabad) of 400 vending machines that vend both food and non-food products like jewellery, stationery, cosmetics, apparels, mobile accessories, dry snacks, beverages, etc.
  • Empire Food- There is an ever-growing need for quality foods by top institutions like hotels, restaurants and catering chains. Empire Industries decided to enter the marine food segment by importing quality marine foods from abroad and marketing the same in India.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.25%
1 Week
+4.76%
1 Month
-6.82%
3 Month
+0.30%
6 Month
-11.49%
1 Year
-1.88%
2 Year
+30.83%
5 Year
-63.65%
10 Year
-8.46%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 38.60 32.99 26.68 21.42 20.46 23.62 19.50 14.51 5.49
Return on Capital Employed (%) 36.93 30.63 24.57 21.69 21.25 21.59 18.85 14.53 9.56
Return on Assets (%) 11.68 10.39 8.55 6.63 6.49 8.25 6.93 4.68 1.76

Balance Sheet View Details

Particulars 10 years 2013-03 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. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 100 120 137 150 183 212 237 234 247 256
Non Curr. Liab. 78 113 129 157 216 184 235 316 255 263
Curr. Liab. 140 147 153 200 144 191 205 234 211 188
Minority Int.
Equity & Liab. 318 380 419 506 544 587 677 784 713 707
Non Curr. Assets 183 218 229 226 224 285 336 415 400 383
Curr. Assets 135 162 190 280 320 303 341 369 313 324
Misc. Exp. not W/O
Total Assets 318 380 419 506 544 587 677 784 713 707

Profit Loss View Details

Particulars 10 years 2013-03 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. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 280 314 354 385 405 473 526 575 490 544
Other Income 8 7 5 5 6 27 33 19 23 10
Total Income 288 320 359 390 411 500 559 593 514 554
Total Expenditure -225 -254 -292 -324 -338 -411 -467 -500 -447 -485
PBIDT 63 67 68 66 73 89 91 93 67 69
Interest -9 -11 -9 -10 -14 -16 -20 -32 -35 -27
Depreciation -7 -8 -12 -10 -9 -13 -11 -15 -19 -15
Taxation -12 -11 -12 -16 -16 -13 -17 -6 1 -4
Exceptional Items -6
PAT 35 36 34 31 34 47 44 34 13 24
Adjusted EPS 59 60 57 51 57 78 73 57 22 39

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. 35 35 8 40 34 48 20 -13 40 103
Cash Fr. Inv. -46 -23 -42 -17 -3 -3 -49 -34 -45 -4
Cash Fr. Finan. 4 -13 22 -23 13 -24 17 5 -5 -82
Net Change -7 -1 -12 -1 44 21 -12 -41 -11 17
Cash & Cash Eqvt 46 45 33 32 76 98 78 37 26 43

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 72.55 72.55 72.55 72.55 72.55 72.55 72.55 72.55 72.55
Public 27.45 27.45 27.45 27.45 27.45 27.45 27.45 27.45 27.45
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 25 May 2022
Board Meeting Outcome for Outcome Of Board Meeting For Consideration Of Audited Financial Results For The Quarter & Year Ended 31St March 2022
The Board of Directors in its meeting held on Wednesday 25th May 2022 has inter-alia approved the followings:

1. Standalone Audited Financial Results for the quarter & year ended 31th March 2022.
2. Auditors Report on Audited Financial Results for the quarter & year ended 31st March 2022 issued by Statutory Auditors M/s. A. T. Jain & Co. Chartered Accountants.
3. Declaration pursuant to regulation 33(3)(d) of SEBI Listing Regulations 2015 for unmodified opinion.
4. The recommendation of Final Dividend of Rs. 25/- per equity share of Rs.10/- each for the financial year ended 31st March 2022 subject to the approval of the shareholders.
5. Re-appointment of M/s. A. T. Jain & Co. Chartered Accountants (FRN 103886W) as the Statutory Auditors subject to the approval of the shareholders.
6. Appointment of Mrs. Deepa Gupta Practicing Company Secretary as Secretarial Auditor.
7. Appointment of M/s. Vinay Mulay & Co Cost Accountants as Cost Auditor.
Wed, 25 May 2022
Board recommends Final Dividend
Empire Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 25 2022 inter alia has approved the following :

- The recommendation of Final Dividend of Rs. 25/- (Rupees Twenty Five Only) per equity share of Rs. 10/- each (250% on its paid-up equity shares) for the financial year ended March 31 2022 subject to the approval of the shareholders at the
ensuing Annual General Meeting of the Company.
Thu, 12 May 2022
Board Meeting Intimation for Notice Of Board Meeting For Consideration Of Audited Financial Results For The Quarter & Financial Year Ended 31St March 2022 & Recommendation Of Dividend If Any And Closure Of Trading Window
EMPIRE INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/05/2022 inter alia to consider and approve Pursuant to Regulation 29 & 33 read with Regulation 47 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended from time to time that a meeting of the Board of Directors of the Company will be held on Wednesday 25th May 2022 Via Video Conferencing / Other Audio Visual Means (OAVM) inter alia to consider and approve the Audited Financial Results for the quarter & financial year ended 31st March 2022 and recommendation of dividend if any for the financial year 2021-2022 subject to the approval of shareholders at the ensuing Annual General Meeting of the Company.Further kindly note that pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 1992 the trading window for dealing in the Companys shares remains closed from 1st April 2022 upto 48 hours after the declaration of Audited Financial Results of the Company for the quarter and year ended 31st March 2022.

Technical Scans View Details

Wed, 25 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Close Crossing Last Week High Close Crossing Last Week High
Closing Above Previous High Closing Above Previous High

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