Electrotherm (India) Ltd

Electrotherm (India) Ltd (ELECTHERM)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-12.11 %
3 Month Return-25.34 %
1 Year Return-37.41 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 232
Rank 253
Rank 296
Dividend Yield
Rank 133
Rank 168
Price To Book Ratio
Rank 219
Debt To Asset
Rank 22

Company Information

Electrotherm IndiaEIL the Ahmedabad based company was started in the early eighties by two enterprising brothers Mukesh Bhandari and Shailesh Bhandari along with Harish Sharma and Narendra Dalal. EIL manufactures medium frequency induction melting furnaces induction heating and hardening equipment single electrode DC arc furnaces secondary metallurgical equipment like DC ladle refining furnaces etc. EIL is also into wind power generation. Since its first order of 350KW Medium frequency induction furnace in Jun 1983 it has installed over 300 induction furnaces allover India and abroad sofar. EIL also has some firsts to its name like design and commission of Indias first indigenously made solid state generator of 1200 KW.EIL has set up a sister concern for new products like laser cutting machines for cutting stainless steel to very close tolerances which otherwise is a difficult operation. EIL has recieved the prestigious Dhatu Nayak award for the year 199798 and 199899 for indigenous development manufacture Commissioning of Indias largest Medium Frequency Induction Melting Furnace of 7500 KW/15 Ton capacity for Alloy steel and key contribution to stainless steel and alloy steel industry by developing indiginously developing cost effective equipment for manufacturing of stainless steel through induction furnace route respectively.The Company also supplied Indias largest MF Induction Melting Furnace of 20 Tons capacity to M/s Shah Alloys Ltd Ahmedabad. In the year 200001 the company accredited with ISO9001 certificate through RWTUV.
OrganisationElectrotherm (India) Ltd