Eco Recycling Reports 12.89% Sales Growth Amid High Debt Challenges
Eco Recycling has recently experienced a revision in its stock evaluation by MarketsMojo, reflecting changes in its market position. The company reported a significant growth in net sales and maintained a strong performance over the past year, despite facing challenges related to high debt levels and low profitability metrics. Eco Recycling has been added to MarketsMojo's list, indicating ongoing interest in its potential amidst these financial dynamics.
Eco Recycling, a small-cap player in the trading industry, has recently reported impressive financial metrics, showcasing a growth in net sales of 12.89% for the quarter ending September 2024. This marks the sixth consecutive quarter of positive results for the company, with net sales reaching a record Rs 12.87 crore and a peak PBDIT of Rs 9.23 crore.The company's return on capital employed (ROCE) stands at a robust 34.07%, indicating effective capital utilization. However, despite these strong performance indicators, Eco Recycling faces challenges with a high debt-to-EBITDA ratio of 4.83 times, suggesting difficulties in servicing its debt obligations. The average return on equity (ROE) is reported at 29.1, but the company's valuation appears elevated with a price-to-book ratio of 22.4.
Over the past year, Eco Recycling has generated a remarkable return of 148.43%, significantly outpacing the BSE 500 index over the last three years. Despite this performance, domestic mutual funds hold no stake in the company, which may reflect caution regarding its valuation or business fundamentals.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
