Electrotherm (India) Ltd.

473.75 +9.25 ▲2.0%

23 February 2024, 04:01:00 PM
Volume: 1,011

Company Profile

Sector Iron & Steel Sector Icon Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Industry Icon Steel & Iron Products Compare with Industry peers
Website http://www.electrotherm.com
Market Cap 603.69 Cr.
Enterprise Value(EV) 2,462.65 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 200.01 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 2.37 Trailing Twelve Months Ending 2023-12
Industry PE 30.19 Trailing Twelve Months Ending 2023-12
Book Value / Share -692.87 Trailing Twelve Months Ending 2023-12
Price to Book Value -0.68 Calculated using Price: 473.75
Dividend Yield 0.00 Period Ending 2023-03
No. of Shares Subscribed 1.27 Cr. 12,742,814 Shares
FaceValue 10
About Electrotherm (India) Ltd.
Electrotherm India incorporated in 1986, is engaged in manufacturing of steel, electric vehicle and providing engineering services.

Electrotherm (India) Ltd. Delivery

Delivered Qty
Traded Qty

Electrotherm (India) Ltd. Performance

1 Day
+1.99%
1 Week
+12.58%
1 Month
+44.26%
3 Month
+169.33%
6 Month
+305.02%
1 Year
+679.84%
2 Year
+330.49%
5 Year
+180.82%
10 Year
+1818.02%

Electrotherm (India) Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 0 0 0 0 0 0 0 0 0
Return on Capital Employed (%) -20.23 -8.92 -4.82 0.51 12.51 3.36 8.66 0.46 5.85
Return on Assets (%) -17.52 -7.53 -4.04 0.14 6.55 1.18 2.59 -2.22 -0.68

Electrotherm (India) Ltd. Balance Sheet

Particulars 10 years 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. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds -1,062 -1,213 -1,366 -1,362 -1,222 -1,093 -1,042 -1,082 -1,096 -991
Non Curr. Liab. 1,297 1,751 1,837 1,617 1,456 1,294 1,029 383 266 922
Curr. Liab. 2,236 1,756 1,748 1,906 1,934 1,719 1,910 2,444 2,582 1,886
Minority Int. 6 6
Equity & Liab. 2,477 2,300 2,219 2,160 2,169 1,920 1,897 1,745 1,752 1,818
Non Curr. Assets 1,529 1,379 1,217 1,107 1,056 916 867 796 714 711
Curr. Assets 914 887 1,003 1,053 1,112 1,004 1,030 949 1,038 1,107
Misc. Exp. not W/O 34 34
Total Assets 2,477 2,300 2,219 2,160 2,169 1,920 1,897 1,745 1,752 1,818

Electrotherm (India) Ltd. Profit and Loss

Particulars 10 years 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. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 2,048 2,101 2,259 2,927 4,040 3,212 2,518 2,831 3,074 4,087
Other Income 9 11 20 9 36 26 4 7 7 5
Total Income 2,056 2,112 2,279 2,936 4,076 3,238 2,522 2,838 3,081 4,092
Total Expenditure -2,362 -2,133 -2,203 -2,779 -3,753 -3,096 -2,298 -2,745 -2,940 -3,691
PBIDT -306 -21 76 157 323 142 224 93 141 401
Interest -12 -4 -4 -5 -38 -19 -54 -45 -67 -62
Depreciation -159 -154 -148 -149 -143 -134 -121 -88 -49 -48
Taxation 1 0 0 0 0 0 0 0
Exceptional Items -3 -14 36 -36 -36
PAT -480 -180 -91 3 142 24 49 -40 -12 255
Minority Interest 2 0
Share Associate 0 0 0 0 0 0 0
Other Related Items
Consolidated Net Profit -478 -180 -91 3 142 24 49 -40 -12 255
Adjusted EPS -417 -157 -72 2 111 19 39 -32 -9 200

Electrotherm (India) Ltd. Cash Flow

Particulars 10 years 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. 2023-03 Rs. Cr.
Cash Fr. Operatn. 46 72 52 58 161 344 181 225 179 107
Cash Fr. Inv. -3 -5 -42 -25 -46 -67 5 -62 -14 -2
Cash Fr. Finan. -40 -46 -12 -52 -106 -262 -203 -105 -189 -103
Net Change 3 21 -1 -19 9 15 -17 58 -24 2
Cash & Cash Eqvt 34 55 42 24 33 47 30 89 64 66

Electrotherm (India) Ltd. Shareholding Pattern

9 Qtrs 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%)
Promoter 31.31 31.31 31.04 31.04 31.04 31.04 31.04 31.04 31.04
Public 68.69 68.69 68.96 68.96 68.96 68.96 68.96 68.96 68.96
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 7.58 7.58 7.58 7.58 7.58 7.58 7.58

Electrotherm (India) Ltd. Announcements

Sat, 17 Feb 2024
Postal Ballot - Newspaper Advertisement
Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find attached herewith copies of the Newspaper Advertisement published in the Financial Express (English & Gujarati edition) on 17th February 2024 in respect of Postal Ballot Notice.
Fri, 16 Feb 2024
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
In furtherance to our letter dated 8th February 2024 and pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ("SEBI LODR Regulations 2015") please find enclosed herewith the copy of Postal Ballot Notice along with the Explanatory Statement dated 8th February 2024 which is being sent to the members of the Company to seek approval by way of remote e-voting in respect of the special business as set out in the Postal Ballot Notice by way of Ordinary Resolutions for (1) Elevation and Re-designation of Mr. Suraj Bhandari (DIN: 0729523) from Whole-time Director to Managing Director with effect from 9th February 2024 and (2) Re-designation of Mr. Shailesh Bhandari (DIN: 00058866) Managing Director as Executive Vice Chairman with effect from 9th February 2024.
Sat, 10 Feb 2024
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended on 31st December 2023 was published in the Financial Express (English & Gujarati edition) on 10th February 2024. Copy of the newspaper cuttings are attached herewith.

Electrotherm (India) Ltd. Technical Scans

Fri, 23 Feb 2024
Close Crossing 52 Week High Close Crossing 52 Week High
Opening at High Opening at High
Opening at Low Opening at Low
Opening at Low for 3 days Opening at Low for 3 days
Closing Above Previous High Closing Above Previous High

Electrotherm (India) Ltd. Related Stocks

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JSW Steel Ltd. Consolidated 2023-12 17.96 821.05 -0.9%
Tata Steel Ltd. Consolidated 2023-12 0.00 145.50 -0.2%
Jindal Steel & Power Ltd. Consolidated 2023-12 14.67 785.95 +0.3%
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Motherson Sumi Wiring India Ltd. Standalone 2023-12 53.05 70.40 -1.0%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2023-12 2.63 821.05 -0.9%
Tata Steel Ltd. Consolidated 2023-12 2.04 145.50 -0.2%
Jindal Steel & Power Ltd. Consolidated 2023-12 1.85 785.95 +0.3%
Steel Authority Of India Ltd. Consolidated 2023-12 0.94 128.05 -0.8%
Jindal Stainless Ltd. Consolidated 2023-12 3.80 642.00 0.0%
APL Apollo Tubes Ltd. Consolidated 2023-12 11.67 1,453.00 +2.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-12 20.92 70.40 -1.0%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 1.21 821.05 -0.9%
Tata Steel Ltd. Consolidated 2023-03 0.76 145.50 -0.2%
Jindal Steel & Power Ltd. Consolidated 2023-03 0.32 785.95 +0.3%
Steel Authority Of India Ltd. Consolidated 2023-03 0.56 128.05 -0.8%
Jindal Stainless Ltd. Consolidated 2023-03 0.32 642.00 0.0%
APL Apollo Tubes Ltd. Consolidated 2023-03 0.29 1,453.00 +2.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 0.06 70.40 -1.0%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 6.26 821.05 -0.9%
Tata Steel Ltd. Consolidated 2023-03 7.48 145.50 -0.2%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 785.95 +0.3%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 128.05 -0.8%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 642.00 0.0%
APL Apollo Tubes Ltd. Consolidated 2023-03 23.51 1,453.00 +2.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 39.83 70.40 -1.0%
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JSW Steel Ltd. Consolidated 2023-03 6.26 821.05 -0.9%
Tata Steel Ltd. Consolidated 2023-03 7.48 145.50 -0.2%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 785.95 +0.3%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 128.05 -0.8%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 642.00 0.0%
APL Apollo Tubes Ltd. Consolidated 2023-03 23.51 1,453.00 +2.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 39.83 70.40 -1.0%
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JSW Steel Ltd. Consolidated 2023-03 165,960.00 821.05 -0.9%
Tata Steel Ltd. Consolidated 2023-03 243,352.69 145.50 -0.2%
Jindal Steel & Power Ltd. Consolidated 2023-03 52,711.18 785.95 +0.3%
Steel Authority Of India Ltd. Consolidated 2023-03 104,447.72 128.05 -0.8%
Jindal Stainless Ltd. Consolidated 2023-03 35,697.03 642.00 0.0%
APL Apollo Tubes Ltd. Consolidated 2023-03 16,165.95 1,453.00 +2.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 7,057.40 70.40 -1.0%
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JSW Steel Ltd. Consolidated 2023-03 4,139.00 821.05 -0.9%
Tata Steel Ltd. Consolidated 2023-03 8,075.35 145.50 -0.2%
Jindal Steel & Power Ltd. Consolidated 2023-03 3,193.21 785.95 +0.3%
Steel Authority Of India Ltd. Consolidated 2023-03 2,176.53 128.05 -0.8%
Jindal Stainless Ltd. Consolidated 2023-03 2,083.83 642.00 0.0%
APL Apollo Tubes Ltd. Consolidated 2023-03 641.86 1,453.00 +2.2%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 487.00 70.40 -1.0%

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