Electrotherm (India) Ltd.
•₹ 1,052.23.88%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2017 • Special Steel Division: 70.0% • Engineering & Projects Division: 29.3% • Electric Vehicle Division: 1.2% • Inter Segment: -0.5%
PROS
- Company has delivered good profit growth of 57.0% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 28.0%
- Operating margins have improved to 7.0% from 3.5%
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.17x)
CONS
- Net worth is negative - accumulated losses have eroded equity
- Recent results are weak - TTM profit is down 108.7% versus prior year
- Company has a low return on equity of 0.0% over last 3 years
- Receivables are growing faster than sales - a possible quality concern
- Effective tax rate is unusually low at -8.1% - earnings may be flattered
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | JSWSTEEL | 1296.00 | 12.79 | 316930.83 | 0.55 | 4696.00 | 112.58 | 47364.00 | 11.55 | 20.67 | 19.60 |
| 2. | TATASTEEL | 183.25 | 20.73 | 228759.33 | 2.18 | 2385.24 | 18.82 | 60794.29 | 15.26 | 12.70 | 15.40 |
| 3. | SAIL | 174.85 | 16.90 | 72222.23 | 1.34 | 1644.05 | 120.80 | 26245.67 | 1.25 | 6.39 | 15.92 |
| 4. | APLAPOLLO | 2142.50 | 48.40 | 59488.31 | 0.40 | 263.11 | 10.94 | 5606.71 | 12.07 | 22.90 | 7.34 |
| 5. | JSL | 718.45 | 18.23 | 59230.43 | 0.56 | 768.66 | 7.56 | 11278.54 | 10.50 | 19.19 | 12.09 |
| 6. | WELCORP | 2004.10 | 22.89 | 52866.28 | 0.25 | 1047.88 | 200.11 | 4081.12 | 14.91 | 23.94 | 32.17 |
| 7. | SHYAMMETL | 996.80 | 24.77 | 27823.86 | 0.45 | 3507.30 | 1106.63 | 54550.90 | 1133.35 | 13.88 | 14.03 |
| 8. | SARDAEN | 508.30 | 15.85 | 17911.54 | 0.39 | 478.13 | 9.50 | 1608.04 | -1.07 | 15.84 | 41.59 |
| 9. | JINDALSAW | 269.60 | 26.38 | 17241.14 | 0.74 | 90.79 | -78.15 | 4452.31 | 9.00 | 10.38 | 8.79 |
| 10. | GPIL | 247.45 | 20.65 | 16655.80 | 0.40 | 222.37 | 2.75 | 1750.47 | 32.29 | 23.51 | 19.36 |
| 11. | RATNAMANI | 2285.90 | 37.01 | 16022.33 | 0.44 | 107.03 | -15.82 | 971.63 | -15.63 | 18.01 | 16.69 |
| 12. | ELECTHERM | 1021.90 | 0.00 | 1302.19 | 0.00 | 6.93 | -75.03 | 913.38 | 9.51 | 43.11 | 2.46 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 931 | 985 | 1,137 | 1,218 | 1,059 | 814 | 1,081 | 1,161 | 834 | 814 | 904 | 1,140 | 913 | |
| 860 | 894 | 1,011 | 1,086 | 927 | 746 | 973 | 1,097 | 782 | 826 | 934 | 1,115 | 906 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 2 | 0 | 2 | 1 | 2 | 3 | 2 | 1 | 1 | 0 | 2 | 2 |
| Interest | 22 | 13 | 8 | 17 | 14 | 12 | 12 | 8 | 8 | 7 | 5 | 4 | 4 |
| Depreciation | 12 | 12 | 11 | 11 | 11 | 11 | 11 | 12 | 11 | 11 | 11 | 11 | 11 |
| 39 | 68 | 108 | 105 | 109 | 46 | 88 | 153 | 34 | -29 | -46 | 18 | 9 | |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -20.96% | 17.99% | 23.88% | 23.31% | 24.26% | 21.96% |
| Net Profit | 39 | 68 | 108 | 105 | 109 | 46 | 88 | 185 | 28 | -22 | -36 | 13 | 7 |
| 31 | 53 | 84 | 82 | 85 | 36 | 69 | 146 | 22 | -17 | -28 | 10 | 1 | |
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 931
- 860
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 22
- Depreciation
- 12
- 39
- Tax %
- 0.00%
- Net Profit
- 39
- 31
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 985
- 894
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 13
- Depreciation
- 12
- 68
- Tax %
- 0.00%
- Net Profit
- 68
- 53
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,137
- 1,011
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 8
- Depreciation
- 11
- 108
- Tax %
- 0.00%
- Net Profit
- 108
- 84
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,218
- 1,086
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 17
- Depreciation
- 11
- 105
- Tax %
- 0.00%
- Net Profit
- 105
- 82
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,059
- 927
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 14
- Depreciation
- 11
- 109
- Tax %
- 0.00%
- Net Profit
- 109
- 85
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 814
- 746
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 12
- Depreciation
- 11
- 46
- Tax %
- 0.00%
- Net Profit
- 46
- 36
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,081
- 973
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 12
- Depreciation
- 11
- 88
- Tax %
- 0.00%
- Net Profit
- 88
- 69
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,161
- 1,097
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 8
- Depreciation
- 12
- 153
- Tax %
- -20.96%
- Net Profit
- 185
- 146
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 834
- 782
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 8
- Depreciation
- 11
- 34
- Tax %
- 17.99%
- Net Profit
- 28
- 22
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 814
- 826
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 7
- Depreciation
- 11
- -29
- Tax %
- 23.88%
- Net Profit
- -22
- -17
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 904
- 934
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 5
- Depreciation
- 11
- -46
- Tax %
- 23.31%
- Net Profit
- -36
- -28
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,140
- 1,115
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 4
- Depreciation
- 11
- 18
- Tax %
- 24.26%
- Net Profit
- 13
- 10
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 913
- 906
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 4
- Depreciation
- 11
- 9
- Tax %
- 21.96%
- Net Profit
- 7
- 1
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,862 | 1,970 | 2,735 | 3,462 | 2,836 | 2,527 | 2,830 | 3,074 | 4,272 | 4,115 | 3,771 | |
| 1,941 | 1,894 | 2,580 | 3,176 | 2,703 | 2,301 | 2,735 | 2,940 | 3,851 | 3,829 | 3,782 | |
| Operating Profit | -71 | 88 | 161 | 318 | 159 | 230 | 99 | 141 | 424 | 380 | — |
| OPM % | -4 | 4 | 6 | 9 | 6 | 9 | 4 | 5 | 10 | 9 | — |
| Other Income | 7 | 11 | 6 | 31 | 26 | 4 | 4 | 7 | 4 | 93 | 5 |
| Interest | 4 | 6 | 5 | 38 | 19 | 50 | 45 | 66 | 60 | 46 | 20 |
| Depreciation | 143 | 144 | 145 | 138 | 130 | 117 | 86 | 47 | 45 | 44 | 44 |
| -218 | -77 | 11 | 141 | 45 | 63 | -54 | -77 | 319 | 396 | -48 | |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8 | 24 |
| Net Profit | -218 | -77 | 11 | 141 | 45 | 63 | -54 | -77 | 319 | 429 | -37 |
| EPS | 0 | 0 | 0 | 0 | 35 | 50 | -43 | -60 | 251 | 336 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -190 | -60 | 9 | 111 | 35 | 50 | -43 | -60 | 251 | 336 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -190 | -60 | 9 | 111 | 35 | 50 | -43 | -60 | 251 | 336 | — |
Mar 2016
- 1,862
- 1,941
- Operating Profit
- -71
- OPM %
- -4
- Other Income
- 7
- Interest
- 4
- Depreciation
- 143
- -218
- Tax %
- 0
- Net Profit
- -218
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -190
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -190
Mar 2017
- 1,970
- 1,894
- Operating Profit
- 88
- OPM %
- 4
- Other Income
- 11
- Interest
- 6
- Depreciation
- 144
- -77
- Tax %
- 0
- Net Profit
- -77
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -60
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -60
Mar 2018
- 2,735
- 2,580
- Operating Profit
- 161
- OPM %
- 6
- Other Income
- 6
- Interest
- 5
- Depreciation
- 145
- 11
- Tax %
- 0
- Net Profit
- 11
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2019
- 3,462
- 3,176
- Operating Profit
- 318
- OPM %
- 9
- Other Income
- 31
- Interest
- 38
- Depreciation
- 138
- 141
- Tax %
- 0
- Net Profit
- 141
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 111
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 111
Mar 2020
- 2,836
- 2,703
- Operating Profit
- 159
- OPM %
- 6
- Other Income
- 26
- Interest
- 19
- Depreciation
- 130
- 45
- Tax %
- 0
- Net Profit
- 45
- EPS
- 35
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
Mar 2021
- 2,527
- 2,301
- Operating Profit
- 230
- OPM %
- 9
- Other Income
- 4
- Interest
- 50
- Depreciation
- 117
- 63
- Tax %
- 0
- Net Profit
- 63
- EPS
- 50
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 50
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 50
Mar 2022
- 2,830
- 2,735
- Operating Profit
- 99
- OPM %
- 4
- Other Income
- 4
- Interest
- 45
- Depreciation
- 86
- -54
- Tax %
- 0
- Net Profit
- -54
- EPS
- -43
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -43
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -43
Mar 2023
- 3,074
- 2,940
- Operating Profit
- 141
- OPM %
- 5
- Other Income
- 7
- Interest
- 66
- Depreciation
- 47
- -77
- Tax %
- 0
- Net Profit
- -77
- EPS
- -60
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -60
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -60
Mar 2024
- 4,272
- 3,851
- Operating Profit
- 424
- OPM %
- 10
- Other Income
- 4
- Interest
- 60
- Depreciation
- 45
- 319
- Tax %
- 0
- Net Profit
- 319
- EPS
- 251
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 251
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 251
Mar 2025
- 4,115
- 3,829
- Operating Profit
- 380
- OPM %
- 9
- Other Income
- 93
- Interest
- 46
- Depreciation
- 44
- 396
- Tax %
- -8
- Net Profit
- 429
- EPS
- 336
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 336
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 336
TTM
- 3,771
- 3,782
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 20
- Depreciation
- 44
- -48
- Tax %
- 24
- Net Profit
- -37
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 8%
- 5 Years:
- 8%
- 3 Years:
- 13%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 57%
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 26%
- 5 Years:
- 55%
- 3 Years:
- 107%
- 1 Year:
- 41%
RETURN ON EQUITY
- 10 Years:
- 0%
- 5 Years:
- 0%
- 3 Years:
- 0%
- Last Year:
- 0%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| 11 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | |
| -1,255 | -1,285 | -1,273 | -1,134 | -984 | -920 | -973 | -1,052 | -735 | -126 | |
| 1,276 | 1,176 | 1,165 | 1,099 | 958 | 1,144 | 1,626 | 1,644 | 14 | 14 | |
| Trade Payables | 231 | 332 | 421 | 435 | 431 | 387 | 385 | 375 | 426 | 458 |
| 1,888 | 1,921 | 1,766 | 1,697 | 1,501 | 1,273 | 716 | 730 | 2,082 | 1,506 | |
| Total Liabilities | 2,153 | 2,157 | 2,091 | 2,111 | 1,918 | 1,897 | 1,765 | 1,709 | 1,801 | 1,865 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,150 | 1,026 | 939 | 862 | 764 | 680 | 641 | 620 | 596 | 600 | |
| Capital Work in Progress | 11 | 20 | 16 | 27 | 27 | 27 | 33 | 26 | 44 | 98 |
| 49 | 46 | 46 | 46 | 46 | 46 | 46 | 10 | 10 | 10 | |
| 241 | 333 | 427 | 526 | 477 | 495 | 542 | 566 | 613 | 593 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 213 | 246 | |
| Cash & Bank | 68 | 33 | 48 | 59 | 46 | 97 | 71 | 72 | 62 | 72 |
| 634 | 700 | 615 | 590 | 557 | 551 | 432 | 414 | 262 | 247 | |
| Total Assets | 2,153 | 2,157 | 2,091 | 2,111 | 1,918 | 1,897 | 1,765 | 1,709 | 1,801 | 1,865 |
| Total Debt | 3,026 | 2,955 | 2,735 | 2,505 | 2,201 | 2,136 | 1,988 | 1,889 | 1,673 | 1,220 |
| Net Working Capital | -787 | -636 | -734 | -702 | -593 | -738 | -1,348 | -1,464 | -808 | -523 |
| Contingent Liabilities | 484 | 458 | 410 | 449 | 408 | 438 | 434 | 412 | 403 | 407 |
| Book Value per Share | -1111.39 | -998.62 | -989.37 | -879.92 | -762.50 | -711.77 | -754.10 | -815.86 | -566.89 | -89.03 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 3,026 | 2,955 | 2,735 | 2,505 | 2,201 | 2,136 | 1,988 | 1,889 | 1,673 | 1,220 |
| Net Working Capital | -787 | -636 | -734 | -702 | -593 | -738 | -1,348 | -1,464 | -808 | -523 |
| Contingent Liabilities | 484 | 458 | 410 | 449 | 408 | 438 | 434 | 412 | 403 | 407 |
| Book Value per Share | -1111.39 | -998.62 | -989.37 | -879.92 | -762.50 | -711.77 | -754.10 | -815.86 | -566.89 | -89.03 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- 11
- -1,255
- 1,276
- Trade Payables
- 231
- 1,888
- Total Liabilities
- 2,153
- 1,150
- Capital Work in Progress
- 11
- 49
- 241
- 0
- Cash & Bank
- 68
- 634
- Total Assets
- 2,153
- Total Debt
- 3,026
- Net Working Capital
- -787
- Contingent Liabilities
- 484
- Book Value per Share
- -1111.39
- Face Value
- 10.00
- Total Debt
- 3,026
- Net Working Capital
- -787
- Contingent Liabilities
- 484
- Book Value per Share
- -1111.39
- Face Value
- 10.00
Mar 2017
- 13
- -1,285
- 1,176
- Trade Payables
- 332
- 1,921
- Total Liabilities
- 2,157
- 1,026
- Capital Work in Progress
- 20
- 46
- 333
- 0
- Cash & Bank
- 33
- 700
- Total Assets
- 2,157
- Total Debt
- 2,955
- Net Working Capital
- -636
- Contingent Liabilities
- 458
- Book Value per Share
- -998.62
- Face Value
- 10.00
- Total Debt
- 2,955
- Net Working Capital
- -636
- Contingent Liabilities
- 458
- Book Value per Share
- -998.62
- Face Value
- 10.00
Mar 2018
- 13
- -1,273
- 1,165
- Trade Payables
- 421
- 1,766
- Total Liabilities
- 2,091
- 939
- Capital Work in Progress
- 16
- 46
- 427
- 0
- Cash & Bank
- 48
- 615
- Total Assets
- 2,091
- Total Debt
- 2,735
- Net Working Capital
- -734
- Contingent Liabilities
- 410
- Book Value per Share
- -989.37
- Face Value
- 10.00
- Total Debt
- 2,735
- Net Working Capital
- -734
- Contingent Liabilities
- 410
- Book Value per Share
- -989.37
- Face Value
- 10.00
Mar 2019
- 13
- -1,134
- 1,099
- Trade Payables
- 435
- 1,697
- Total Liabilities
- 2,111
- 862
- Capital Work in Progress
- 27
- 46
- 526
- 0
- Cash & Bank
- 59
- 590
- Total Assets
- 2,111
- Total Debt
- 2,505
- Net Working Capital
- -702
- Contingent Liabilities
- 449
- Book Value per Share
- -879.92
- Face Value
- 10.00
- Total Debt
- 2,505
- Net Working Capital
- -702
- Contingent Liabilities
- 449
- Book Value per Share
- -879.92
- Face Value
- 10.00
Mar 2020
- 13
- -984
- 958
- Trade Payables
- 431
- 1,501
- Total Liabilities
- 1,918
- 764
- Capital Work in Progress
- 27
- 46
- 477
- 0
- Cash & Bank
- 46
- 557
- Total Assets
- 1,918
- Total Debt
- 2,201
- Net Working Capital
- -593
- Contingent Liabilities
- 408
- Book Value per Share
- -762.50
- Face Value
- 10.00
- Total Debt
- 2,201
- Net Working Capital
- -593
- Contingent Liabilities
- 408
- Book Value per Share
- -762.50
- Face Value
- 10.00
Mar 2021
- 13
- -920
- 1,144
- Trade Payables
- 387
- 1,273
- Total Liabilities
- 1,897
- 680
- Capital Work in Progress
- 27
- 46
- 495
- 0
- Cash & Bank
- 97
- 551
- Total Assets
- 1,897
- Total Debt
- 2,136
- Net Working Capital
- -738
- Contingent Liabilities
- 438
- Book Value per Share
- -711.77
- Face Value
- 10.00
- Total Debt
- 2,136
- Net Working Capital
- -738
- Contingent Liabilities
- 438
- Book Value per Share
- -711.77
- Face Value
- 10.00
Mar 2022
- 13
- -973
- 1,626
- Trade Payables
- 385
- 716
- Total Liabilities
- 1,765
- 641
- Capital Work in Progress
- 33
- 46
- 542
- 0
- Cash & Bank
- 71
- 432
- Total Assets
- 1,765
- Total Debt
- 1,988
- Net Working Capital
- -1,348
- Contingent Liabilities
- 434
- Book Value per Share
- -754.10
- Face Value
- 10.00
- Total Debt
- 1,988
- Net Working Capital
- -1,348
- Contingent Liabilities
- 434
- Book Value per Share
- -754.10
- Face Value
- 10.00
Mar 2023
- 13
- -1,052
- 1,644
- Trade Payables
- 375
- 730
- Total Liabilities
- 1,709
- 620
- Capital Work in Progress
- 26
- 10
- 566
- 0
- Cash & Bank
- 72
- 414
- Total Assets
- 1,709
- Total Debt
- 1,889
- Net Working Capital
- -1,464
- Contingent Liabilities
- 412
- Book Value per Share
- -815.86
- Face Value
- 10.00
- Total Debt
- 1,889
- Net Working Capital
- -1,464
- Contingent Liabilities
- 412
- Book Value per Share
- -815.86
- Face Value
- 10.00
Mar 2024
- 13
- -735
- 14
- Trade Payables
- 426
- 2,082
- Total Liabilities
- 1,801
- 596
- Capital Work in Progress
- 44
- 10
- 613
- 213
- Cash & Bank
- 62
- 262
- Total Assets
- 1,801
- Total Debt
- 1,673
- Net Working Capital
- -808
- Contingent Liabilities
- 403
- Book Value per Share
- -566.89
- Face Value
- 10.00
- Total Debt
- 1,673
- Net Working Capital
- -808
- Contingent Liabilities
- 403
- Book Value per Share
- -566.89
- Face Value
- 10.00
Mar 2025
- 13
- -126
- 14
- Trade Payables
- 458
- 1,506
- Total Liabilities
- 1,865
- 600
- Capital Work in Progress
- 98
- 10
- 593
- 246
- Cash & Bank
- 72
- 247
- Total Assets
- 1,865
- Total Debt
- 1,220
- Net Working Capital
- -523
- Contingent Liabilities
- 407
- Book Value per Share
- -89.03
- Face Value
- 10.00
- Total Debt
- 1,220
- Net Working Capital
- -523
- Contingent Liabilities
- 407
- Book Value per Share
- -89.03
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 | 64 | 155 | 336 | 177 | 225 | 179 | 106 | 351 | 328 | |
| Cash from Investing | -12 | -30 | -38 | -67 | -6 | -63 | -14 | -2 | -68 | -105 |
| Cash from Financing | -26 | -50 | -103 | -253 | -184 | -104 | -189 | -102 | -294 | -270 |
| -8 | -16 | 13 | 16 | -14 | 59 | -24 | 2 | -11 | -46 | |
| Free Cash Flow | 14 | 64 | 101 | 263 | 148 | 192 | 127 | 87 | 312 | 231 |
| OCF / Net Profit | -0.14 | -0.84 | 13.82 | 2.39 | 3.93 | 3.55 | -3.30 | -1.38 | 1.10 | 0.77 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 591 | 768 | 831 | 817 | 866 | 948 |
| OCF / Net Profit | -0.14 | -0.84 | 13.82 | 2.39 | 3.93 | 3.55 | -3.30 | -1.38 | 1.10 | 0.77 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 591 | 768 | 831 | 817 | 866 | 948 |
Mar 2016
- 31
- Cash from Investing
- -12
- Cash from Financing
- -26
- -8
- Free Cash Flow
- 14
- OCF / Net Profit
- -0.14
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.14
- Cumulative 5-Year FCF
- 0
Mar 2017
- 64
- Cash from Investing
- -30
- Cash from Financing
- -50
- -16
- Free Cash Flow
- 64
- OCF / Net Profit
- -0.84
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.84
- Cumulative 5-Year FCF
- 0
Mar 2018
- 155
- Cash from Investing
- -38
- Cash from Financing
- -103
- 13
- Free Cash Flow
- 101
- OCF / Net Profit
- 13.82
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 13.82
- Cumulative 5-Year FCF
- 0
Mar 2019
- 336
- Cash from Investing
- -67
- Cash from Financing
- -253
- 16
- Free Cash Flow
- 263
- OCF / Net Profit
- 2.39
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.39
- Cumulative 5-Year FCF
- 0
Mar 2020
- 177
- Cash from Investing
- -6
- Cash from Financing
- -184
- -14
- Free Cash Flow
- 148
- OCF / Net Profit
- 3.93
- Cumulative 5-Year FCF
- 591
- OCF / Net Profit
- 3.93
- Cumulative 5-Year FCF
- 591
Mar 2021
- 225
- Cash from Investing
- -63
- Cash from Financing
- -104
- 59
- Free Cash Flow
- 192
- OCF / Net Profit
- 3.55
- Cumulative 5-Year FCF
- 768
- OCF / Net Profit
- 3.55
- Cumulative 5-Year FCF
- 768
Mar 2022
- 179
- Cash from Investing
- -14
- Cash from Financing
- -189
- -24
- Free Cash Flow
- 127
- OCF / Net Profit
- -3.30
- Cumulative 5-Year FCF
- 831
- OCF / Net Profit
- -3.30
- Cumulative 5-Year FCF
- 831
Mar 2023
- 106
- Cash from Investing
- -2
- Cash from Financing
- -102
- 2
- Free Cash Flow
- 87
- OCF / Net Profit
- -1.38
- Cumulative 5-Year FCF
- 817
- OCF / Net Profit
- -1.38
- Cumulative 5-Year FCF
- 817
Mar 2024
- 351
- Cash from Investing
- -68
- Cash from Financing
- -294
- -11
- Free Cash Flow
- 312
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- 866
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- 866
Mar 2025
- 328
- Cash from Investing
- -105
- Cash from Financing
- -270
- -46
- Free Cash Flow
- 231
- OCF / Net Profit
- 0.77
- Cumulative 5-Year FCF
- 948
- OCF / Net Profit
- 0.77
- Cumulative 5-Year FCF
- 948
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -190.17 | -60.26 | 8.79 | 110.51 | 35.31 | 49.69 | -42.64 | -60.17 | 250.73 | 336.42 |
| Book Value (₹) | -1111.39 | -998.62 | -989.37 | -879.92 | -762.50 | -711.77 | -754.10 | -815.86 | -566.89 | -89.03 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -65.55 | 52.85 | 122.53 | 219.19 | 137.34 | 141.41 | 24.69 | -23.22 | 286.23 | 371.26 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | -3.57% | 4.17% | 5.82% | 9.17% | 5.60% | 9.10% | 3.50% | 4.59% | 9.84% | 6.96% |
| Net Margin % | -10.93% | -3.66% | 0.40% | 4.07% | 1.59% | 2.51% | -1.92% | -2.49% | 7.48% | 10.41% |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | -11.26% | -4.09% | 1.03% | 12.53% | 4.92% | 9.21% | -0.79% | -1.13% | 42.14% | 42.97% |
| -9.67% | -3.56% | 0.53% | 6.70% | 2.23% | 3.32% | -2.97% | -4.41% | 18.20% | 23.38% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 60 | 57 | 48 | 39 | 45 | 46 | 30 | 22 | 18 | 20 |
| Inventory Days | 47 | 50 | 50 | 50 | 65 | 70 | 67 | 66 | 50 | 53 |
| Payable Days | 60 | 81 | 71 | 64 | 80 | 88 | 67 | 60 | 49 | 57 |
| 47 | 25 | 28 | 25 | 29 | 28 | 30 | 28 | 19 | 16 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | -2.45x | -2.32x | -2.17x | -2.23x | -2.27x | -2.36x | -2.07x | -1.82x | -2.32x | -10.75x |
| Interest Coverage (x) | -55.70x | -12.42x | 3.19x | 4.67x | 3.33x | 2.27x | -0.20x | -0.16x | 6.34x | 9.71x |
| 0.53x | 0.61x | 0.59x | 0.61x | 0.64x | 0.59x | 0.42x | 0.41x | 0.57x | 0.68x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 1.80% | 5.78% | 38.83% | 26.61% | -18.08% | -10.91% | 12.01% | 8.61% | 38.95% | -3.66% |
| Operating Profit Growth % | 75.07% | 222.55% | 84.25% | 96.99% | -50.02% | 44.93% | -56.90% | 42.47% | 200.54% | -10.58% |
| Net Profit Growth % | 50.44% | 64.83% | 114.59% | 1157.05% | -68.05% | 40.73% | -185.81% | -41.13% | 516.68% | 34.18% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 516.68% | 34.18% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.16x | 2.49x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | -0.96x | -9.42x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.42x | 5.84x |
Mar 2016
- EPS (₹)
- -190.17
- Book Value (₹)
- -1111.39
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -65.55
- Operating Margin %
- -3.57%
- Net Margin %
- -10.93%
- ROE %
- 0.00%
- ROCE %
- -11.26%
- -9.67%
- Debtor Days
- 60
- Inventory Days
- 47
- Payable Days
- 60
- 47
- Debt to Equity (x)
- -2.45x
- Interest Coverage (x)
- -55.70x
- 0.53x
- Revenue Growth %
- 1.80%
- Operating Profit Growth %
- 75.07%
- Net Profit Growth %
- 50.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -60.26
- Book Value (₹)
- -998.62
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 52.85
- Operating Margin %
- 4.17%
- Net Margin %
- -3.66%
- ROE %
- 0.00%
- ROCE %
- -4.09%
- -3.56%
- Debtor Days
- 57
- Inventory Days
- 50
- Payable Days
- 81
- 25
- Debt to Equity (x)
- -2.32x
- Interest Coverage (x)
- -12.42x
- 0.61x
- Revenue Growth %
- 5.78%
- Operating Profit Growth %
- 222.55%
- Net Profit Growth %
- 64.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 8.79
- Book Value (₹)
- -989.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 122.53
- Operating Margin %
- 5.82%
- Net Margin %
- 0.40%
- ROE %
- 0.00%
- ROCE %
- 1.03%
- 0.53%
- Debtor Days
- 48
- Inventory Days
- 50
- Payable Days
- 71
- 28
- Debt to Equity (x)
- -2.17x
- Interest Coverage (x)
- 3.19x
- 0.59x
- Revenue Growth %
- 38.83%
- Operating Profit Growth %
- 84.25%
- Net Profit Growth %
- 114.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 110.51
- Book Value (₹)
- -879.92
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 219.19
- Operating Margin %
- 9.17%
- Net Margin %
- 4.07%
- ROE %
- 0.00%
- ROCE %
- 12.53%
- 6.70%
- Debtor Days
- 39
- Inventory Days
- 50
- Payable Days
- 64
- 25
- Debt to Equity (x)
- -2.23x
- Interest Coverage (x)
- 4.67x
- 0.61x
- Revenue Growth %
- 26.61%
- Operating Profit Growth %
- 96.99%
- Net Profit Growth %
- 1157.05%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 35.31
- Book Value (₹)
- -762.50
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 137.34
- Operating Margin %
- 5.60%
- Net Margin %
- 1.59%
- ROE %
- 0.00%
- ROCE %
- 4.92%
- 2.23%
- Debtor Days
- 45
- Inventory Days
- 65
- Payable Days
- 80
- 29
- Debt to Equity (x)
- -2.27x
- Interest Coverage (x)
- 3.33x
- 0.64x
- Revenue Growth %
- -18.08%
- Operating Profit Growth %
- -50.02%
- Net Profit Growth %
- -68.05%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 49.69
- Book Value (₹)
- -711.77
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 141.41
- Operating Margin %
- 9.10%
- Net Margin %
- 2.51%
- ROE %
- 0.00%
- ROCE %
- 9.21%
- 3.32%
- Debtor Days
- 46
- Inventory Days
- 70
- Payable Days
- 88
- 28
- Debt to Equity (x)
- -2.36x
- Interest Coverage (x)
- 2.27x
- 0.59x
- Revenue Growth %
- -10.91%
- Operating Profit Growth %
- 44.93%
- Net Profit Growth %
- 40.73%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -42.64
- Book Value (₹)
- -754.10
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 24.69
- Operating Margin %
- 3.50%
- Net Margin %
- -1.92%
- ROE %
- 0.00%
- ROCE %
- -0.79%
- -2.97%
- Debtor Days
- 30
- Inventory Days
- 67
- Payable Days
- 67
- 30
- Debt to Equity (x)
- -2.07x
- Interest Coverage (x)
- -0.20x
- 0.42x
- Revenue Growth %
- 12.01%
- Operating Profit Growth %
- -56.90%
- Net Profit Growth %
- -185.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -60.17
- Book Value (₹)
- -815.86
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -23.22
- Operating Margin %
- 4.59%
- Net Margin %
- -2.49%
- ROE %
- 0.00%
- ROCE %
- -1.13%
- -4.41%
- Debtor Days
- 22
- Inventory Days
- 66
- Payable Days
- 60
- 28
- Debt to Equity (x)
- -1.82x
- Interest Coverage (x)
- -0.16x
- 0.41x
- Revenue Growth %
- 8.61%
- Operating Profit Growth %
- 42.47%
- Net Profit Growth %
- -41.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 250.73
- Book Value (₹)
- -566.89
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 286.23
- Operating Margin %
- 9.84%
- Net Margin %
- 7.48%
- ROE %
- 0.00%
- ROCE %
- 42.14%
- 18.20%
- Debtor Days
- 18
- Inventory Days
- 50
- Payable Days
- 49
- 19
- Debt to Equity (x)
- -2.32x
- Interest Coverage (x)
- 6.34x
- 0.57x
- Revenue Growth %
- 38.95%
- Operating Profit Growth %
- 200.54%
- Net Profit Growth %
- 516.68%
- 516.68%
- P/E (x)
- 2.16x
- P/B (x)
- -0.96x
- Dividend Yield %
- 0.00%
- 5.42x
Mar 2025
- EPS (₹)
- 336.42
- Book Value (₹)
- -89.03
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 371.26
- Operating Margin %
- 6.96%
- Net Margin %
- 10.41%
- ROE %
- 0.00%
- ROCE %
- 42.97%
- 23.38%
- Debtor Days
- 20
- Inventory Days
- 53
- Payable Days
- 57
- 16
- Debt to Equity (x)
- -10.75x
- Interest Coverage (x)
- 9.71x
- 0.68x
- Revenue Growth %
- -3.66%
- Operating Profit Growth %
- -10.58%
- Net Profit Growth %
- 34.18%
- 34.18%
- P/E (x)
- 2.49x
- P/B (x)
- -9.42x
- Dividend Yield %
- 0.00%
- 5.84x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-15 - Electrotherm (India) Limited has informed the Exchange about Copy of Newspaper Publication of Unaudited Financial Results for the quarter ended on 30th June, 2026
- Allotment of Securities
2026-08-14 - Electrotherm (India) Limited has informed the Exchange regarding Allotment of 1,09,50,000 6% Non-Cumulative Redeemable Preference Shares of Rs. 10/- each, to the existing preference shareholders pursuant to to Hon ble NCLT Order dated 21st July, 2026 and in accordance with the provisions of Section 55(3) of the Companies Act, 2013.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.