Electro Force

  • Market Cap: Micro Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE0Q1W01012
  • NSEID: EFORCE
  • BSEID:
INR
33.00
-0.7 (-2.08%)
BSENSE

Jan 19

BSE+NSE Vol: 22800

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

22.8 k (48.44%) Volume

Shareholding (Mar 2025)

FII

0.03%

Held by 1 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

62.93%

Who are in the management team of Electro Force?

06-Jun-2025

As of March 2023, the management team of Electro Force includes Arvind Sharma (Chairman), Saideep Shantaram Bagale (Whole-time Director), Prinyanka Yadav and Dilip Kumar Swarnkar (Independent Directors), Santosh Kumar Palaria (Executive Director), and Reetu Bansal (Company Secretary & Compliance Officer). Each member contributes to the company's governance and operations.

As of March 2023, the management team of Electro Force includes the following individuals:<BR><BR>1. Arvind Sharma - Chairman (Non-Executive)<BR>2. Saideep Shantaram Bagale - Whole-time Director<BR>3. Prinyanka Yadav - Independent Director<BR>4. Dilip Kumar Swarnkar - Independent Director<BR>5. Santosh Kumar Palaria - Executive Director<BR>6. Reetu Bansal - Company Secretary & Compliance Officer<BR><BR>Each member plays a distinct role in the governance and operations of the company.

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When is the next results date for Electro Force?

06-Jun-2025

No Upcoming Board Meetings

Has Electro Force declared dividend?

06-Jun-2025

No Dividend History Available

What is the technical trend for Electro Force?

09-Jun-2025

As of April 29, 2025, Electro Force's technical trend is mildly bearish due to conflicting signals from daily and weekly indicators, with a current price of 50.55 and a significant decline over the past year.

As of 29 April 2025, the technical trend for Electro Force has changed from does not qualify to mildly bearish. The daily moving averages indicate a mildly bearish stance, while the weekly MACD and KST are mildly bullish, suggesting some conflicting signals. The weekly Dow Theory also supports a mildly bullish outlook. However, the overall sentiment remains bearish due to the daily indicators. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum. Given the current price of 50.55 and the significant decline over the past year, the technical stance is mildly bearish with mixed signals from different time frames.

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Who are the peers of the Electro Force?

16-Jul-2025

Electro Force's peers include United Heat, Womancart, Holmarc Opto, Atam Valves, Visaman Global, Readymix Cons., Sona Machinery, Rexnord Electr., ITL Industries, and Rishi Laser. Key insights show Electro Force has a good management risk, excellent capital structure, and a 1-year return of -29.91%, significantly lower than its peers.

Peers: The peers of Electro Force are United Heat, Womancart, Holmarc Opto, Atam Valves, Visaman Global, Readymix Cons., Sona Machinery, Rexnord Electr., ITL Industries, and Rishi Laser.<BR><BR>Quality Snapshot: Excellent management risk is observed at Readymix Cons., while Good management risk is found at Holmarc Opto, Atam Valves, Electro Force, Sona Machinery, and Rexnord Electr., and the rest have Average or Below Average management risk. Growth ratings show Excellent growth at Womancart, Good growth at Readymix Cons., and Average growth at Holmarc Opto and Visaman Global, while Below Average growth is noted for United Heat, Electro Force, Atam Valves, Sona Machinery, and Rexnord Electr., with the rest having Below Average growth. Capital Structure ratings reveal Excellent capital structure at Electro Force, Readymix Cons., Sona Machinery, and Rexnord Electr., Good capital structure at Holmarc Opto and ITL Industries, Average at Womancart, and Below Average at United Heat and Visaman Global.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Holmarc Opto at 16.51%, while the lowest is Womancart at -2.84%, and Electro Force's own 1-year return is -29.91%, which is significantly lower than both. Additionally, peers with negative six-month returns include United Heat, Womancart, Holmarc Opto, Atam Valves, Sona Machinery, and Readymix Cons.

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What does Electro Force do?

17-Jul-2025

Electro Force (India) Ltd is a micro-cap industrial manufacturing company, rebranded from its original private status in 2023. It currently has no available sales or profit data, with a market cap of INR 124 Cr and a P/E ratio of 97.00.

Overview:<BR>Electro Force (India) Ltd operates in the industrial manufacturing sector and is categorized as a micro-cap company.<BR><BR>History:<BR>Electro Force (India) Ltd was originally incorporated as "Electroforce (India) Private Limited" in 2010. The company changed its status to a public limited entity and rebranded to its current name on May 11, 2023. There is no recent sales or profit data available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 124 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 97.00<BR>Industry P/E: 33<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -0.02<BR>Return on Equity: 1.82%<BR>Price-to-Book: 1.77<BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A<BR>Email: N/A<BR>Website: N/A

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Who are the top shareholders of the Electro Force?

17-Jul-2025

The top shareholders of Electro Force include Ayesspea Holdings And Investments Private Limited with 47.06%, followed by individual investors at 33.12%. Gaurav Goyal is the highest public shareholder at 1.61%, and there is one foreign institutional investor holding 0.03%.

The top shareholders of Electro Force are primarily the promoters, with Ayesspea Holdings And Investments Private Limited holding the largest share at 47.06%. There are no pledged promoter holdings, and the company has one foreign institutional investor (FII) holding 0.03%. The highest public shareholder is Gaurav Goyal, who owns 1.61%. Additionally, individual investors collectively hold 33.12% of the shares.

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How big is Electro Force?

24-Jul-2025

As of 24th July, Electro Force (India) Ltd has a market capitalization of 115.00 Cr, classified as a Micro Cap, with no valid financial data available for Net Sales and Net Profit for the latest four quarters. Shareholder's Funds are 70.20 Cr and Total Assets are valued at 85.15 Cr as of March 2024.

As of 24th July, <BR><BR>Market Cap: Electro Force (India) Ltd has a market capitalization of 115.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 70.20 Cr and Total Assets valued at 85.15 Cr.

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Is Electro Force overvalued or undervalued?

29-Aug-2025

As of August 28, 2025, Electro Force is considered very expensive with a PE ratio of 74.04, significantly overvalued compared to its peers, and has underperformed the market with a year-to-date return of -28.06%.

As of 28 August 2025, the valuation grade for Electro Force has moved from fair to very expensive, indicating a significant shift in its market perception. The company is currently overvalued, with a PE ratio of 74.04, an EV to EBITDA ratio of 68.34, and a Price to Book Value of 1.35. These metrics suggest that the stock is trading at a premium compared to its earnings and assets.<BR><BR>In comparison to its peers, Electro Force's PE ratio is notably higher than Rail Vikas, which has a PE of 54.01, and Craftsman Auto, with a PE of 70.33. This stark contrast highlights the overvaluation of Electro Force relative to its industry. Additionally, the company's recent stock performance has been poor, with a year-to-date return of -28.06%, significantly underperforming the Sensex's gain of 3.62% in the same period.

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How has been the historical performance of Electro Force?

13-Nov-2025

Electro Force has experienced significant sales growth from 30.25 Cr in Mar'23 to 52.39 Cr in Mar'25, but profitability has declined sharply, with profit after tax falling from 7.72 Cr to 1.28 Cr due to rising expenditures and negative cash flow from operating activities.

Answer:<BR>The historical performance of Electro Force shows a fluctuating trend in net sales and profitability over the past four years.<BR><BR>Breakdown:<BR>Electro Force's net sales increased from 30.25 Cr in Mar'23 to 52.39 Cr in Mar'25, indicating a significant growth trajectory. However, total expenditure also rose sharply, from 18.90 Cr in Mar'23 to 51.02 Cr in Mar'25, leading to a decline in operating profit (PBDIT) from 11.39 Cr in Mar'23 to just 2.31 Cr in Mar'25. Profit before tax followed a similar trend, decreasing from 10.69 Cr in Mar'23 to 1.74 Cr in Mar'25. Consequently, profit after tax also fell from 7.72 Cr in Mar'23 to 1.28 Cr in Mar'25. The company's total assets grew from 71.84 Cr in Mar'23 to 85.15 Cr in Mar'24, while total liabilities increased from 71.84 Cr to 85.15 Cr in the same period. Cash flow from operating activities turned negative, dropping to -44.00 Cr in Mar'24 from 0.00 Cr in Mar'23, reflecting challenges in cash generation despite the rise in sales. Overall, while Electro Force has seen growth in sales, profitability and cash flow have faced significant pressures.

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Why is Electro Force (India) Ltd falling/rising?

19-Jan-2026

As of 18-Jan, Electro Force (India) Ltd's stock price is rising to 33.70, up 2.43%, driven by strong relative performance and increased investor participation. Despite a decline over the past month and year, the current upward trend suggests improved market sentiment.

As of 18-Jan, Electro Force (India) Ltd's stock price is rising, currently at 33.70, reflecting an increase of 0.8 or 2.43%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector today by 5.38%, indicating strong relative performance. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 48.15% compared to the 5-day average, suggesting growing interest among investors.<BR><BR>While the stock has shown a decline of 1.75% over the past month and a significant drop of 42.59% over the past year, the current performance indicates a positive shift in sentiment. The stock is trading higher than its 5-day and 20-day moving averages, which can be a bullish sign, although it remains below the longer-term moving averages of 50-day, 100-day, and 200-day. Overall, the combination of improved performance today and increased trading activity contributes to the rise in Electro Force (India) Ltd's stock price.

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Strong Sell
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stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Industrial Manufacturing

stock-summary
Market cap

INR 81 Cr (Micro Cap)

stock-summary
P/E

60.00

stock-summary
Industry P/E

31

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.01

stock-summary
Return on Equity

1.77%

stock-summary
Price to Book

1.09

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-17.91%
0%
-17.91%
6 Months
-35.92%
0%
-35.92%
1 Year
-42.86%
0%
-42.86%
2 Years
-72.05%
0%
-72.05%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Electro Force for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
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Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Why is Electro Force (India) Ltd falling/rising?

Recent Price Movement and Market Context

Electro Force’s share price increase on 16-Jan stands out in the context of its recent performance trends. Over the past week, the stock has appreciated by 3.06%, significantly outperforming the Sensex, which recorded a marginal gain of just 0.04% during the same period. This short-term strength contrasts with the stock’s one-month and year-to-date returns, which remain negative at -1.75% and -0.88% respectively, though these declines are less severe than the Sensex’s corresponding drops of -0.64% and -1.67%. Over the longer term, however, the stock has underperformed markedly, with a one-year loss of 42.59% compared to the Sensex’s 10.22% gain.

Technical Indicators and Investor Activity

On the technical ...

Read full news article

Announcements stock-summary

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No announcement available

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
15.10%
EBIT Growth (5y)
-57.18%
EBIT to Interest (avg)
7.46
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.01
Sales to Capital Employed (avg)
0.73
Tax Ratio
26.44%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.03%
ROCE (avg)
1.18%
ROE (avg)
1.79%

Valuation key factors

Factor
Value
P/E Ratio
60
Industry P/E
0
Price to Book Value
1.07
EV to EBIT
76.23
EV to EBITDA
55.64
EV to Capital Employed
1.07
EV to Sales
1.46
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
1.16%
ROE (Latest)
1.77%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 1 FIIs (0.03%)

Promoter with highest holding

Ayesspea Holdings And Investments Private Limited (47.06%)

Highest Public shareholder

Gaurav Goyal (1.61%)

Individual Investors Holdings

33.12%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by Electro Force"
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is -74.03% vs 136.26% in Mar 2025",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is -27.12% vs 1,080.00% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "9.56",
          "val2": "36.81",
          "chgp": "-74.03%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.06",
          "val2": "0.96",
          "chgp": "-93.75%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.05",
          "val2": "0.02",
          "chgp": "150.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.86",
          "val2": "1.18",
          "chgp": "-27.12%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.63%",
          "val2": "2.61%",
          "chgp": "-1.98%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Electro Force"
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 43.77% vs 20.46% in Mar 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is -77.74% vs -25.52% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "52.39",
          "val2": "36.44",
          "chgp": "43.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.37",
          "val2": "8.44",
          "chgp": "-83.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.02",
          "val2": "0.03",
          "chgp": "-33.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.28",
          "val2": "5.75",
          "chgp": "-77.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.62%",
          "val2": "23.16%",
          "chgp": "-20.54%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary

Sep'25
Mar'25
Change(%)
Net Sales
9.56
36.81
-74.03%
Operating Profit (PBDIT) excl Other Income
0.06
0.96
-93.75%
Interest
0.05
0.02
150.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.86
1.18
-27.12%
Operating Profit Margin (Excl OI)
0.63%
2.61%
-1.98%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is -74.03% vs 136.26% in Mar 2025

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2025 is -27.12% vs 1,080.00% in Mar 2025

Annual Results Snapshot (Standalone) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
52.39
36.44
43.77%
Operating Profit (PBDIT) excl Other Income
1.37
8.44
-83.77%
Interest
0.02
0.03
-33.33%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.28
5.75
-77.74%
Operating Profit Margin (Excl OI)
2.62%
23.16%
-20.54%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 43.77% vs 20.46% in Mar 2024

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2025 is -77.74% vs -25.52% in Mar 2024

stock-summaryCompany CV
About Electro Force (India) Ltd stock-summary
stock-summary
Electro Force (India) Ltd
Micro Cap
Industrial Manufacturing
Electro Force India Ltd was originally incorporated as "Electroforce (India) Private Limited" on June 14, 2010 issued by the Registrar of Companies, Mumbai. The status of Company was changed to Public Limited and the name of Company was changed to Electro Force (India) Limited vide fresh Certificate of Incorporation issued on May 11, 2023 by the Registrar of Companies, Mumbai.
Company Coordinates stock-summary
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No Company Details Available