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Electrotherm (India) Ltd (ELECTHERM)

₹804.855%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    ₹764.65
    ₹804.85
  • 52 Week's Low

    52 Week's High

    ₹81.5
    ₹845
1 Month Return-2.16 %
3 Month Return+ 3.68 %
1 Year Return+ 785.16 %
Previous Close₹766.55
Open₹804.85
Volume41.86K
Upper Circuit-
Lower Circuit-
Market Cap₹976.80Cr

Key Statistics

P/E Ratio3.08
PEG Ratio0.01
Market Cap₹976.80 Cr
P/B Ratio-0.07
EPS-9.29

Company Information

Electrotherm India (EIL), a family-run business that started in the early eighties, is a leading manufacturer of induction melting furnaces, induction heating and hardening equipment, secondary metallurgical equipment and wind power generation systems. So far, they have installed over 300 induction furnaces across India and abroad, and they have also earned a reputation for developing cost-effective equipment for manufacturing stainless steel through induction furnaces. They have been recipients of the prestigious Dhatu Nayak awards twice, in 1997-98 and 1998-99, for their contribution to India's stainless steel and alloy steel industry. They have also achieved certification from RWTUV for ISO 9001 in 2001 and have supplied India's largest MF Induction Melting Furnace of 20 Tons capacity to M/s Shah Alloys Ltd in Ahmedabad. If you're looking for induction melting furnaces, heating systems and secondary metallurgical equipment, EIL is the company to go to. They have consistently shown their commitment to quality, providing cost-effective solutions, as well as their dedication to the industry's innovation and growth.

Share Price: ₹804.85 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹976.80Cr as of today
Revenue: ₹1,217.57Cr as on March 2024 (Q1 24)
Net Profit: ₹104.01Cr as on March 2024 (Q1 24)
Listing date: 11 Sep, 1996
Chairperson Name: Dinesh Shankar Mukati
OrganisationElectrotherm (India) Ltd
HeadquartersAhmedabad
IndustrySteel
E-voting on sharesClick here to vote

Key events for Electrotherm (India) Ltd

  • Electrotherm (India) Ltd Shares Gain 48% in a Month - 01 May, 2024

    Despite strong revenue growth, Electrotherm's price-to-sales ratio is lower than expected and below the industry average, indicating investor skepticism about maintaining recent growth rates.

Insights on Electrotherm (India) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 931.91 Cr → 1.21K Cr (in ₹), with an average increase of 8.5% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, ELECTHERM has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, ELECTHERM stock has moved up by 12.2%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, ELECTHERM has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 4.95% to 4.99% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 31.04% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 107.08 Cr → 104.03 Cr (in ₹), with an average decrease of 2.9% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 63.93% to 63.89% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹1,217.57Cr
↑7.06%
Net Income
₹104.01Cr
↓2.87%
Net Profit Margin
8.54%
↓9.34%
2023Y/Y Change
Revenue
₹3,074.05Cr
↑8.57%
Net Income
-₹11.83Cr
↓70.70%
Net Profit Margin
-0.38%
↓73.43%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,709.02Cr
↓3.20%
Total Liabilities
₹2,748.43Cr
↑0.82%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹105.99Cr
↓40.87%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
31.04%
0.00
Foreign Institutions
4.99%
0.86
Mutual Funds
0.08%
0.00
Retail Investors
63.89%
-0.07
Others
0%
0.00

Key Indicators

Electrotherm (India) Ltd Valuation

Electrotherm (India) Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-10.83x)

June 1, 2023

Today (3.08x)

July 23, 2024

Industry (28.16x)

July 23, 2024

Highest (7.03x)

June 4, 2020

LowHigh

Earnings and Dividends

  • Electrotherm (India) Ltd Earnings Results

    Electrotherm (India) Ltd’s net profit jumped 150.25% since last year same period to ₹104.03Cr in the Q4 2023-2024. On a quarterly growth basis, Electrotherm (India) Ltd has generated -2.85% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Electrotherm (India) Ltd Dividends May,2010

    In the quarter ending March 2010, Electrotherm (India) Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.33%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Electrotherm (India) Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Electrotherm (India) Ltd (ELECTHERM) share price today is ₹804.85

Electrotherm (India) Ltd is listed on NSE

Electrotherm (India) Ltd is listed on BSE

  • Today’s highest price of Electrotherm (India) Ltd is ₹804.85.
  • Today’s lowest price of Electrotherm (India) Ltd is ₹764.65.

PE Ratio of Electrotherm (India) Ltd is 3.08

PE ratio = Electrotherm (India) Ltd Market price per share / Electrotherm (India) Ltd Earnings per share

Today’s traded volume of Electrotherm (India) Ltd(ELECTHERM) is 41.86K.

Today’s market capitalisation of Electrotherm (India) Ltd(ELECTHERM) is ₹976.8Cr.

Electrotherm (India) Ltd(ELECTHERMPrice
52 Week High
₹845
52 Week Low
₹81.5

Electrotherm (India) Ltd(ELECTHERM) share price is ₹804.85. It is down -4.75% from its 52 Week High price of ₹845

Electrotherm (India) Ltd(ELECTHERM) share price is ₹804.85. It is up 887.55% from its 52 Week Low price of ₹81.5

Electrotherm (India) Ltd(ELECTHERMReturns
1 Day Returns
38.3%
1 Month Returns
-2.16%
3 Month Returns
3.68%
1 Year Returns
785.16%