Envirotech Systems Ltd.

•

envirotechltd.comBSE: -NSE: ENVIRO

Market Cap₹ 132 Cr.

Current Price

High / Low₹ 173 / 68

Stock P/E10.9

Book Value₹ 34

Price to Book3.11

Dividend Yield0.00 %

ROCE39.3 %

ROE33.7 %

Face Value₹ 10

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ABOUT

AI Sector View

AI GENERATED

Capital Goods

Buy

Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.

Confidence

72%

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PROS

Company has a good return on equity (ROE) track record: 3 Years ROE 56.4%
Company has a healthy return on capital (ROCE) of 48.3%
Operating margins have improved to 32.3% from 10.9%
Company comfortably covers its interest (14.3x coverage)
Attractively priced for its growth - PEG of 0.1
Company maintains a comfortable, low leverage position

CONS

Operating cash flow has been negative in recent years
Receivables are growing faster than sales - a possible quality concern
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.09x)
A large part of profit comes from other income (25.1% of PBT)
Working capital days have increased from 128 to 193 days
Free cash flow has been persistently negative

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Capital GoodsCapital GoodsEngineering - Industrial Equipments

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	BHEL	433.35	62.03	150895.22	0.32	376.71	182.70	7697.72	40.29	9.24	6.69
2.	INDOMIM	970.60	89.95	47994.32	0.61	2401.22	—	12187.42	—	24.48	33.36
3.	THERMAX	3634.35	72.98	43305.57	0.55	21.79	-85.61	2302.73	7.09	15.85	2.98
4.	HONAUT	35625.15	57.15	31498.06	0.31	150.70	20.95	1204.40	1.80	17.04	14.32
5.	JYOTICNC	1002.85	70.89	22807.13	0.00	57.14	-19.99	508.47	23.97	23.88	21.40
6.	INOXINDIA	2248.45	80.08	20407.72	0.09	58.07	-4.98	370.79	9.18	33.54	20.46
7.	TRITURBINE	577.50	54.59	18358.64	0.74	51.10	-20.65	442.70	19.23	35.95	11.59
8.	AZAD	2775.95	128.99	17927.57	0.00	35.16	19.46	172.60	25.90	12.28	37.29
9.	LLOYDSENGG	84.28	58.44	13072.16	0.30	68.23	-77.28	527.15	142.92	17.99	15.04
10.	TEGA	1547.15	550.12	11623.38	0.13	-108.25	-406.36	1723.44	383.99	8.37	3.27
11.	KRN	1579.75	106.67	10340.80	0.00	32.90	164.84	252.32	118.87	16.06	19.44
12.	ENVIRO	70.50	10.94	132.47	0.00	—	—	—	—	39.31	—

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

No standalone quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	10	18	28	46	48
	9	17	25	30	32
Operating Profit	1	2	4	16	15
OPM %	11.94%	8.73%	12.88%	34.68%	32.32%
	0	0	0	1	5
Interest	0	0	0	1	1
Depreciation	0	0	0	0	0
Profit before Tax	1	1	4	16	18
Tax %	24.60%	26.57%	27.01%	26.75%	23.60%
Net Profit	1	1	3	11	14
EPS	13.94	21.15	51.47	8.54	7.48
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: 38%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: 137%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: -51%

RETURN ON EQUITY

10 Years:: —
5 Years:: 45%
3 Years:: 56%
Last Year:: 34%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	0	0	0	13	19
	2	4	6	6	45
	5	5	9	9	8
Trade Payables	2	3	5	3	2
	1	2	2	7	7
Total Liabilities	11	14	23	39	81
	3	4	10	10	9
Capital Work in Progress	0	0	0	0	29
	1	0	0	2	4
	0	0	0	18	28
Cash & Bank	0	0	0	0	4
	7	10	12	8	8
Total Assets	11	14	23	39	81

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-1	2	0	-2	-1
Cash from Investing	-1	-0	-7	0	-25
Cash from Financing	1	-1	7	1	29
	0	-0	0	0	4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE
EPS (₹)	13.94	21.15	51.47	8.54	7.48
Book Value (₹)	59.73	80.88	132.35	14.64	34.01
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	0.64	0.91	2.07	8.69	7.60
PROFITABILITY
Operating Margin %	14.92%	10.88%	14.39%	34.68%	32.32%
Net Margin %	7.10%	5.84%	9.09%	24.72%	29.53%
ROE %	23.34%	30.08%	48.28%	87.16%	33.67%
ROCE %	15.82%	20.71%	31.37%	74.24%	39.31%
	6.36%	8.52%	14.05%	37.21%	23.50%
EFFICIENCY
Debtor Days	174	110	115	118	175
Inventory Days	21	10	4	9	22
Payable Days	137	71	82	63	38
	57	48	38	64	159
FINANCIAL HEALTH
Debt to Equity (x)	1.82x	1.33x	1.38x	0.46x	0.13x
Interest Coverage (x)	3.27x	4.51x	9.21x	19.05x	14.27x
	1.39x	1.44x	1.34x	2.31x	2.49x
GROWTH
Revenue Growth %	0.00%	84.53%	56.40%	63.29%	2.97%
Operating Profit Growth %	0.00%	34.55%	106.86%	309.11%	19.94%
Net Profit Growth %	0.00%	51.69%	143.39%	344.11%	23.00%
	0.00%	0.00%	0.00%	-83.42%	-12.35%
VALUATION
P/E (x)	0.00x	0.00x	0.00x	0.00x	14.13x
P/B (x)	0.00x	0.00x	0.00x	0.00x	3.11x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	1.33x	10.15x

Shareholding Pattern

Numbers in percentages

	Sep 2024	Mar 2025	Sep 2025	Mar 2026
	68.75	68.75	68.75	68.85
	1.34	2.89	1.82	1.98
	0.46	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00
	29.45	28.37	29.43	29.17

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for ENVIRO

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Envirotech Systems Ltd.

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Name

BHEL

433.35

62.03

150895.22

0.32

376.71

182.70

7697.72

40.29

9.24

6.69

INDOMIM

970.60

89.95

47994.32

0.61

2401.22

—

12187.42

—

24.48

33.36

THERMAX

3634.35

72.98

43305.57

0.55

21.79

-85.61

2302.73

7.09

15.85

2.98

HONAUT

35625.15

57.15

31498.06

0.31

150.70

20.95

1204.40

1.80

17.04

14.32

JYOTICNC

1002.85

70.89

22807.13

0.00

57.14

-19.99

508.47

23.97

23.88

21.40

INOXINDIA

2248.45

80.08

20407.72

0.09

58.07

-4.98

370.79

9.18

33.54

20.46

TRITURBINE

577.50

54.59

18358.64

0.74

51.10

-20.65

442.70

19.23

35.95

11.59

AZAD

2775.95

128.99

17927.57

0.00

35.16

19.46

172.60

25.90

12.28

37.29

LLOYDSENGG

84.28

58.44

13072.16

0.30

68.23

-77.28

527.15

142.92

17.99

15.04

TEGA

1547.15

550.12

11623.38

0.13

-108.25

-406.36

1723.44

383.99

8.37

3.27

KRN

1579.75

106.67

10340.80

0.00

32.90

164.84

252.32

118.87

16.06

19.44

ENVIRO

70.50

10.94

132.47

0.00

—

39.31

—

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Operating Profit

OPM %

11.94%

8.73%

12.88%

34.68%

32.32%

Interest

Depreciation

Profit before Tax

Tax %

24.60%

26.57%

27.01%

26.75%

23.60%

Net Profit

EPS

13.94

21.15

51.47

8.54

7.48

Dividend Payout %

0.00%

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

Trade Payables

Total Liabilities

Capital Work in Progress

Cash & Bank

Total Assets

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-1

-2

-1

Cash from Investing

-1

-0

-7

-25

Cash from Financing

-1

-0

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

PER SHARE

EPS (₹)

13.94

21.15

51.47

8.54

7.48

Book Value (₹)

59.73

80.88

132.35

14.64

34.01

Dividend per Share (₹)

0.00

Cash EPS (₹)

0.64

0.91

2.07

8.69

7.60

PROFITABILITY

Operating Margin %

14.92%

10.88%

14.39%

34.68%

32.32%

Net Margin %

7.10%

5.84%

9.09%

24.72%

29.53%

ROE %

23.34%

30.08%

48.28%

87.16%

33.67%

ROCE %

15.82%

20.71%

31.37%

74.24%

39.31%

6.36%

8.52%

14.05%

37.21%

23.50%

EFFICIENCY

Debtor Days

174

110

115

118

175

Inventory Days

Payable Days

137

159

FINANCIAL HEALTH

Debt to Equity (x)

1.82x

1.33x

1.38x

0.46x

0.13x

Interest Coverage (x)

3.27x

4.51x

9.21x

19.05x

14.27x

1.39x

1.44x

1.34x

2.31x

2.49x

GROWTH

Revenue Growth %

0.00%

84.53%

56.40%

63.29%

2.97%

Operating Profit Growth %

0.00%

34.55%

106.86%

309.11%

19.94%

Net Profit Growth %

0.00%

51.69%

143.39%

344.11%

23.00%

0.00%

-83.42%

-12.35%

VALUATION

P/E (x)

0.00x

14.13x

P/B (x)

0.00x

3.11x

Dividend Yield %

0.00%

0.00x

1.33x

10.15x

Sep 2024

Mar 2025

Sep 2025

Mar 2026

68.75

68.85

1.34

2.89

1.82

1.98

0.46

0.00

Government

0.00

29.45

28.37

29.43

29.17

Envirotech Systems Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Envirotech Systems Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI