Electrotherm(I)

Why is Electrotherm (India) Ltd falling/rising?

As of 11-Jun, Electrotherm (India) Ltd's stock price has risen to 1,179.30, reflecting a 3.04% increase, driven by strong short-term performance and heightened investor interest, despite underlying long-term challenges. The stock has significantly outperformed the Sensex and shows a positive trend across various moving averages.

As of 11-Jun, Electrotherm (India) Ltd is experiencing a rise in its stock price, currently at 1,179.30, reflecting a change of 34.75 (3.04%) upward. This increase can be attributed to several factors. Over the past week, the stock has gained 17.95%, significantly outperforming the Sensex, which has declined by 0.71%. In the last month, the stock has surged by 58.21%, while the benchmark has fallen by 2.87%. Year-to-date, the stock has increased by 34.08%, contrasting with a 13.36% drop in the Sensex.<BR><BR>Today's performance indicates that the stock has outperformed its sector by 5.91% and has been on a consecutive gain streak for the last three days, accumulating a total return of 34.6% during this period. The stock reached an intraday high of Rs 1230.2, marking a 7.48% increase, although it also touched a low of Rs 1090.6, indicating some volatility. Notably, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend.<BR><BR>Additionally, there has been a significant increase in investor participation, with a delivery volume of 1.38 lacs on June 10, which is up by 336.43% compared to the 5-day average. This heightened interest indicates a growing confidence among investors despite the company's underlying challenges, such as a negative book value and poor long-term growth metrics. <BR><BR>In summary, the rise in Electrotherm (India) Ltd's stock price is primarily driven by strong short-term performance, significant investor interest, and consistent returns over the past three years, despite the company's long-term fundamental weaknesses.

Which are the latest news on Electrotherm(I)?

How big is Electrotherm(I)?

As of 10th June, Electrotherm (India) Ltd has a market capitalization of 1,466.00 Cr and reported net sales of 3,692.09 Cr with a net loss of 15.66 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Electrotherm (India) Ltd has a market capitalization of 1,466.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 3,692.09 Cr, while the sum of Net Profit for the same period shows a loss of 15.66 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds stand at a loss of 158.78 Cr, and Total Assets are valued at 1,886.15 Cr.

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

The management team of Electrotherm(I) includes Shailesh Bhandari (Managing Director), Dinesh Shankar Mukati (Chairman & Independent Director), Pratap Mohan, Nivedita Sarda (both Non-Executive & Independent Directors), Suraj Shailesh Bhandari (Whole-time Director), Mukesh Bhandari (Non-Executive & Non-Independent Director), and Jigar Shah (Company Secretary & Compliance Officer).

The management team of Electrotherm(I) includes the following members:<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>If you need more details about any specific member or their roles, feel free to ask!

Who are the peers of the Electrotherm(I)?

Electrotherm(I)'s peers include Mahamaya Steel, Steel Exchange, Bharat Wire, BMW Industries, and others, with varying management risks and growth ratings. Mahamaya Steel leads in 1-year returns at 187.56%, while Electrotherm(I) has a return of 5.18%.

Peers: The peers of Electrotherm(I) are Mahamaya Steel, Steel Exchange, Bharat Wire, BMW Industries, Hariom Pipe, Aeroflex Enter., Mangalam World., Ratnaveer Precis, and Manaksia Coated.<BR><BR>Quality Snapshot: Below Average management risk is observed at Mahamaya Steel, Steel Exchange, and Bharat Wire, while Average management risk is found at BMW Industries, Hariom Pipe, Aeroflex Enter., Mangalam World., Ratnaveer Precis, and Manaksia Coated, and the rest. Growth is rated as Excellent at Hariom Pipe and Mangalam World., Good at Bharat Wire, Steel Exchange, Aeroflex Enter., and Ratnaveer Precis, while Below Average growth is seen at Mahamaya Steel, BMW Industries, and Manaksia Coated. Capital Structure is rated as Average at Mahamaya Steel and Hariom Pipe, Good at Bharat Wire and BMW Industries, and Excellent at Aeroflex Enter., while Below Average is noted for Mangalam World. and Manaksia Coated.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mahamaya Steel at 187.56%, while the lowest is Bharat Wire at -6.91%. Electrotherm(I) has a 1-year return of 5.18%, which is higher than Bharat Wire but significantly lower than Mahamaya Steel. Additionally, the peers Bharat Wire, Hariom Pipe, Ratnaveer Precis, Manaksia Coated, and others have negative six-month returns.

What does Electrotherm(I) do?

Electrotherm (India) Ltd is a micro-cap engineering company specializing in steel melting equipment and battery-operated electric vehicles, with recent net sales of ₹1,140 Cr and a net profit of ₹14 Cr as of March 2026. The company has a market cap of ₹1,466 Cr and key financial metrics include a debt-equity ratio of -6.32 and a return on equity of 13.01%.

Overview: <BR>Electrotherm (India) Ltd is a leading engineering company in the Iron & Steel Products industry, categorized as a Micro Cap, known for providing steel melting equipment and manufacturing battery-operated electric vehicles.<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. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1,140 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 14 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 1,466 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 37 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -6.32 <BR>Return on Equity: 13.01% <BR>Price to Book: -8.58 <BR><BR>Contact Details: <BR>Address: A-1 Skylark Apartment, Satellite Road Satellite Ahmedabad Gujarat : 380015 <BR>Tel: 91-79-26768844 <BR>Email: sec@electrotherm.com <BR>Website: http://www.electrotherm.com

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

Electrotherm (India) Ltd's latest Q4 FY26 results are concerning, showing a 92.65% decline in net profit to ₹13.63 crore and a drop in operating margin from 5.55% to 2.15%, indicating significant operational challenges and deteriorating profitability.

Electrotherm (India) Ltd's latest results for Q4 FY26 reflect a concerning performance. The company reported a net profit of ₹13.63 crore, which represents a staggering decline of 92.65% year-on-year. Revenue also saw a slight decrease of 1.82% compared to the same quarter last year, totaling ₹1,139.99 crore. <BR><BR>The operating margin has significantly eroded, dropping to 2.15% from 5.55% in the previous year, indicating rising cost pressures that have not been offset by revenue growth. The profit after tax margin also fell dramatically from 15.97% to just 1.19%. <BR><BR>Overall, these results suggest that Electrotherm is facing substantial operational challenges, with deteriorating profitability and margins that raise serious questions about its financial health and sustainability. The company has shown some sequential revenue recovery, but the sharp decline in profit and margins indicates deeper issues that need to be addressed.

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

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

The next results date for Electrotherm (India) Ltd is 21 May 2026.

The next results date for Electrotherm (India) Ltd is scheduled for 21 May 2026.

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.

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.

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%.

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%.

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.