Electrotherm(I)

Has Electrotherm(I) declared dividend?

Electrotherm (India) Ltd has declared a 25% dividend, amounting to ₹2.5 per share, with an ex-date of September 16, 2010. Despite the dividend declaration, the dividend yield is 0%, and the company has shown significant price appreciation over various periods.

Electrotherm (India) Ltd has declared a 25% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 25%<BR>- Amount per share: 2.5<BR>- Ex-date: 16 Sep 10<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -17.85%, the dividend return was 0%, resulting in a total return of -17.85%.<BR><BR>In the 1 year period, the price return was 53.22%, the dividend return was 0%, resulting in a total return of 53.22%.<BR><BR>In the 2 years period, the price return was 972.33%, the dividend return was 0%, resulting in a total return of 972.33%.<BR><BR>In the 3 years period, the price return was 906.63%, the dividend return was 0%, resulting in a total return of 906.63%.<BR><BR>In the 4 years period, the price return was 686.23%, the dividend return was 0%, resulting in a total return of 686.23%.<BR><BR>In the 5 years period, the price return was 700.98%, the dividend return was 0%, resulting in a total return of 700.98%.<BR><BR>Overall, while Electrotherm (India) Ltd has declared a dividend, the dividend yield remains at 0%. The total returns over various periods indicate significant price appreciation, particularly over the longer term, despite the lack of dividend returns in those periods.

Who are the peers of the Electrotherm(I)?

Electrotherm(I)'s peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, and others, with varying management and growth risks. In terms of returns, Welspun Corp leads at 68.56% over one year, while Electrotherm(I) has a return of 44.74%.

Peers: The peers of Electrotherm(I) are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Bharat Wire, Hariom Pipe, BMW Industries, and Cosmic CRF.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, and the rest. Average management risk is present at Jindal Saw, Hariom Pipe, BMW Industries, Cosmic CRF, and the rest. Below Average management risk is noted at Bharat Wire and Steel Exchange. Excellent growth is seen at APL Apollo Tubes, Hariom Pipe, and Cosmic CRF, while Average growth is found at Shyam Metalics, Ratnamani Metals, and the rest. Below Average growth is noted at Welspun Corp, Jindal Saw, Bharat Wire, and Steel Exchange.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.56%, while the lowest is Jindal Saw at -22.97%. Electrotherm(I) has a 1-year return of 44.74%, which is higher than Jindal Saw but lower than Welspun Corp. Additionally, Ratnamani Metals, Jindal Saw, Bharat Wire, Hariom Pipe, BMW Industries, and Steel Exchange all have negative six-month returns.

Is Electrotherm(I) overvalued or undervalued?

As of April 25, 2023, Electrotherm(I) is considered risky but undervalued with a low PE ratio of 4.08 and strong ROCE of 30.99%, despite a negative Price to Book Value of -8.28, and while it has underperformed year-to-date compared to the Sensex, its long-term performance shows a remarkable 3-year return of 938.45%.

As of 25 April 2023, the valuation grade for Electrotherm(I) has moved from does not qualify to risky. The company is currently considered undervalued based on its financial ratios. The PE ratio stands at 4.08, while the EV to EBITDA is 6.81, and the ROCE is a strong 30.99%. However, the Price to Book Value is notably negative at -8.28, indicating potential issues with asset valuation.<BR><BR>In comparison to peers, Electrotherm(I) has a significantly lower PE ratio than Thermax and BEML Ltd, which are both classified as very expensive with PE ratios of 66.31 and 62.34, respectively. This stark contrast suggests that Electrotherm(I) may be undervalued relative to its peers in the iron and steel products industry. Despite a recent decline in stock performance compared to the Sensex, with a year-to-date return of -16.09% against the Sensex's 5.62%, the long-term performance remains strong, with a 3-year return of 938.45%.

Who are in the management team of Electrotherm(I)?

As of March 2023, the management team of Electrotherm(I) includes Shailesh Bhandari (Managing Director), Dinesh Shankar Mukati (Chairman & Independent Director), and several other directors and officers, overseeing the company's operations and governance.

As of March 2023, the management team of Electrotherm(I) includes the following individuals:<BR><BR>1. Shailesh Bhandari - Managing Director<BR>2. Dinesh Shankar Mukati - Chairman & Independent Director<BR>3. Pratap Mohan - Non-Executive & Independent Director<BR>4. Nivedita Sarda - Non-Executive & Independent Director<BR>5. Suraj Shailesh Bhandari - Whole-time Director<BR>6. Mukesh Bhandari - Non-Executive & Non-Independent Director<BR>7. Jigar Shah - Company Secretary & Compliance Officer<BR><BR>These members play various roles in overseeing the operations and governance of the company.

What does Electrotherm(I) do?

Electrotherm (India) Ltd is a small-cap engineering company specializing in steel melting equipment and battery-operated electric vehicles, with recent net sales of ₹11,611 Cr and a net profit of ₹1,855 Cr as of March 2025. The company has a market cap of ₹1,373 Cr and operates primarily in the Iron & Steel Products industry.

Overview: <BR>Electrotherm (India) Ltd is a leading engineering company in the Iron & Steel Products industry, recognized for providing steel melting equipment and manufacturing battery-operated electric vehicles, categorized as a small-cap company.<BR><BR>History: <BR>Electrotherm (India) Ltd was incorporated in an unspecified year and has established itself as a significant player in the steel sector, particularly for TMT Bar and DI Pipe industries in India. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 11,611 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1,855 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 1,373 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 4.00 <BR>Industry P/E: 38 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -7.65 <BR>Return on Equity: -202.97% <BR>Price to Book: -8.61 <BR><BR>Contact Details: <BR>Address: A-1 Skylark Apartment, Satellite Road Satellite Ahmedabad Gujarat : 380015 <BR>Phone: 91-79-26768844 <BR>Email: sec@electrotherm.com <BR>Website: http://www.electrotherm.com

Who are the top shareholders of the Electrotherm(I)?

The top shareholders of Electrotherm(I) include Western India Speciality Hospital Limited (7.65%), Castleshine Pte Limited (7.85%), and individual investors (29.78%). Additionally, there are small holdings from mutual funds (0.08%) and foreign institutional investors (4.55%), with a pledged promoter holding of 7.8725%.

The top shareholders of Electrotherm(I) include a mix of individual and institutional investors. The largest promoter is Western India Speciality Hospital Limited, holding 7.65%. The highest public shareholder is Castleshine Pte Limited, with a stake of 7.85%. Additionally, individual investors collectively hold 29.78% of the shares. <BR><BR>In terms of institutional holdings, there are two mutual fund schemes that hold a small percentage (0.08%), and four foreign institutional investors (FIIs) collectively hold 4.55%. It's also worth noting that there is a pledged promoter holding of 7.8725%.

How big is Electrotherm(I)?

As of 24th July, Electrotherm (India) Ltd has a market capitalization of 1,353.00 Cr, with recent Net Sales of 4,115.37 Cr and a Net Profit of 442.15 Cr. Shareholder's Funds reported a loss of 781.12 Cr against Total Assets of 1,841.28 Cr.

As of 24th July, Electrotherm (India) Ltd has a market capitalization of 1,353.00 Cr, categorizing it as a Small Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 4,115.37 Cr and a Net Profit of 442.15 Cr.<BR><BR>As of the latest annual period, the Shareholder's Funds stood at a loss of 781.12 Cr, while Total Assets were valued at 1,841.28 Cr.

How has been the historical performance of Electrotherm(I)?

Electrotherm(I) has shown a recovery in financial performance, with net sales at 4,115.37 Cr in March 2025, despite a decline from the previous year. Key metrics like profit before tax (409.76 Cr) and earnings per share (347.06) have improved significantly, although the company still faces challenges with high liabilities and negative shareholder funds.

Answer:<BR>The historical performance of Electrotherm(I) shows a fluctuating trend in net sales, with the latest figure for March 2025 at 4,115.37 Cr, down from 4,271.50 Cr in March 2024 but significantly higher than 3,074.05 Cr in March 2023. The total operating income followed a similar pattern, peaking in March 2024 before declining in March 2025. The operating profit (PBDIT) for March 2025 was 379.80 Cr, a decrease from 424.14 Cr in the previous year, yet a notable increase from 141.00 Cr in March 2023. Profit before tax improved to 409.76 Cr in March 2025 from 317.30 Cr in March 2024, while profit after tax reached 441.90 Cr, reflecting a strong recovery from the losses recorded in the previous two years. The earnings per share (EPS) also saw a significant rise to 347.06 in March 2025, compared to 249.08 in March 2024 and negative figures in the prior years. <BR><BR>Breakdown:<BR>Electrotherm(I) has demonstrated a recovery in its financial performance over the past few years, particularly in 2025, with net sales reaching 4,115.37 Cr, although this is a decline from the previous year. The operating profit margin, while slightly reduced to 9.03%, still indicates a healthy operational efficiency compared to the lower margins in earlier years. The company has turned around its profitability, achieving a profit before tax of 409.76 Cr and a profit after tax of 441.90 Cr, marking a significant improvement from the losses experienced in 2023 and 2022. The EPS has rebounded strongly, indicating enhanced shareholder value. Despite these positive trends, the company still faces challenges with total liabilities of 1,886.15 Cr and negative shareholder's funds, which highlight ongoing financial pressures. The cash flow from operating activities remains positive, although the net cash outflow indicates a need for careful cash management moving forward.

How has been the historical performance of Electrotherm(I)?

Electrotherm(I) has shown fluctuating financial performance, with net sales decreasing to 4,115.37 Cr in March 2025 from 4,271.50 Cr in March 2024, while profit after tax rose to 441.90 Cr from 317.30 Cr. Overall, the company reflects a recovery in profitability despite variations in sales and cash flow.

Answer:<BR>The historical performance of Electrotherm(I) shows a fluctuating trend in key financial metrics over the past several years.<BR><BR>Breakdown:<BR>Electrotherm(I) experienced net sales of 4,115.37 Cr in March 2025, a decrease from 4,271.50 Cr in March 2024, but an increase from 3,074.05 Cr in March 2023. The total operating income followed a similar pattern, reaching 4,115.37 Cr in March 2025, down from 4,271.50 Cr the previous year. The company's total expenditure, excluding depreciation, was 3,743.86 Cr in March 2025, slightly lower than 3,852.01 Cr in March 2024. Operating profit (PBDIT) was 379.80 Cr in March 2025, down from 424.14 Cr in March 2024, but significantly higher than 141.00 Cr in March 2023. Profit before tax improved to 409.76 Cr in March 2025 from 317.30 Cr in March 2024, while profit after tax also rose to 441.90 Cr from 317.30 Cr. The consolidated net profit for March 2025 was 442.15 Cr, up from 317.33 Cr in March 2024, contrasting with a loss of 11.82 Cr in March 2023. The company’s total liabilities increased to 1,886.15 Cr in March 2025 from 1,841.28 Cr in March 2024, while total assets rose to 1,886.15 Cr from 1,841.28 Cr. Cash flow from operating activities was 328.00 Cr in March 2025, down from 351.00 Cr in March 2024, leading to a net cash outflow of 46.00 Cr in March 2025. Overall, the financial performance of Electrotherm(I) reflects a recovery in profitability despite fluctuations in sales and cash flow.

Is Electrotherm(I) technically bullish or bearish?

As of December 4, 2025, the technical trend is mildly bearish, indicated by bearish signals from the weekly MACD, Bollinger Bands, and OBV, despite some mixed signals from the KST and daily moving averages.

As of 4 December 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the weekly MACD and Bollinger Bands both indicating bearish conditions. The monthly MACD is mildly bearish as well, while the KST shows mixed signals with weekly bullishness but monthly bearishness. The daily moving averages are mildly bullish, but this is overshadowed by the overall bearish indicators. The OBV is also mildly bearish on both weekly and monthly time frames. Overall, the strength of the bearish stance is supported by the recent price action, with a significant decline over the past month and year compared to the Sensex.

When is the next results date for Electrotherm (India) Ltd?

The next results date for Electrotherm (India) Ltd is 11 February 2026.

The next results date for Electrotherm (India) Ltd is scheduled for 11 February 2026.

Are Electrotherm (India) Ltd latest results good or bad?

Electrotherm (India) Ltd's latest Q3 FY26 results are concerning, showing a net loss of ₹35.42 crores and a 16.41% decline in revenue year-on-year. The company faces significant operational challenges, including negative margins and a deteriorating financial outlook, warranting caution from investors.

Electrotherm (India) Ltd's latest results for Q3 FY26 indicate a significant decline in performance, marking a troubling period for the company. The net profit for the quarter was a loss of ₹35.42 crores, which represents a staggering 140.10% decrease year-on-year. Revenue also fell by 16.41% compared to the same quarter last year, totaling ₹903.79 crores.<BR><BR>The operational metrics reveal severe distress, with the operating margin collapsing from 9.94% in Q3 FY25 to -3.39% in Q3 FY26. This sharp decline suggests that the company is struggling to manage costs effectively and maintain profitability. Additionally, the company experienced a sequential deterioration, with net profit worsening by 63.83% from the previous quarter.<BR><BR>Overall, these results reflect a critical operational crisis for Electrotherm, characterized by negative margins, declining revenues, and a negative book value per share of -₹124.63. The financial outlook appears grim, and the company faces significant challenges ahead. Investors should approach this situation with caution, as the current performance indicates serious underlying issues that need to be addressed for any potential recovery.

Should I buy, sell or hold Electrotherm (India) Ltd?

Why is Electrotherm (India) Ltd falling/rising?

As of 16-Mar, the stock price of Electrotherm (India) Ltd has risen to 630.00, reflecting a 9.69% increase after a trend reversal following five days of decline. This rise is driven by increased investor participation and institutional confidence, despite ongoing concerns about the company's long-term financial health.

As of 16-Mar, the stock price of Electrotherm (India) Ltd is rising, currently at 630.00, which reflects a change of 55.65 or 9.69% increase. This rise can be attributed to several factors. Notably, the stock has experienced a trend reversal, gaining after five consecutive days of decline. Additionally, it outperformed its sector by 10.34% today, indicating a positive shift in investor sentiment.<BR><BR>The stock also reached an intraday high of Rs 640.3, showcasing significant volatility with a wide trading range of Rs 79.35 throughout the day. Furthermore, there has been an increase in investor participation, with delivery volume rising by 17.39% against the five-day average, suggesting growing interest from investors.<BR><BR>Institutional investors have also increased their stake in the company by 0.7% over the previous quarter, now holding 6.74% of the company. This increase indicates a level of confidence from these investors, who typically have more resources to analyze company fundamentals.<BR><BR>Despite these positive indicators, it is important to note that the company has a negative book value and has reported negative results for the last six consecutive quarters, which raises concerns about its long-term fundamental strength. However, the immediate rise in stock price appears to be driven by short-term trading dynamics and increased investor participation rather than improvements in the company's underlying financial health.

Which are the latest news on Electrotherm(I)?