Evans Electric

Why is Evans Electric Ltd falling/rising?

As of 17-Jul, the stock price of Evans Electric Ltd is at 66.00, unchanged from the previous session, and has seen significant declines of 48.44% year-to-date and 61.18% over the past year, underperforming the benchmark Sensex. The stock is trading below all key moving averages and experiencing declining investor participation, indicating a bearish trend.

As of 17-Jul, the stock price of Evans Electric Ltd is currently at 66.00, with no change from the previous trading session. The stock has experienced a significant decline over various periods, including a year-to-date drop of 48.44% and a one-year decline of 61.18%. In contrast, the benchmark Sensex has only fallen by 8.30% over the same year-to-date period, indicating that Evans Electric is underperforming relative to the market.<BR><BR>Today's performance shows that the stock has outperformed its sector by 0.74%, but this is overshadowed by the overall negative trends. The stock has not traded on one day out of the last 20, suggesting erratic trading behavior. Additionally, it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which typically indicates a bearish trend. <BR><BR>Investor participation is also declining, as evidenced by a 47.37% drop in delivery volume compared to the 5-day average. This lack of investor interest further contributes to the stock's downward pressure. Overall, the combination of poor historical performance, low trading activity, and declining investor participation suggests that Evans Electric Ltd is experiencing a falling stock price.

Which are the latest news on Evans Electric?

What does Evans Electric do?

Evans Electric Ltd is a micro-cap company in the diversified commercial services industry, incorporated in 1951 and converted to a public company in 2019. It currently has a market cap of INR 35 Cr, with no available revenue or profit data for the latest quarter.

Overview:<BR>Evans Electric Ltd operates in the diversified commercial services industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Evans Electric Limited was incorporated as a Private Limited Company on December 29, 1951. It was converted into a Public Limited Company on February 18, 2019, and the name was changed to "Evans Electric Limited" on March 13, 2019. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 35 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 21<BR>Dividend Yield: 2.38%<BR>Debt-Equity: -0.23<BR>Return on Equity: -1.72%<BR>Price-to-Book: 1.38<BR><BR>Contact Details:<BR>Registrar Address: Not available.

How big is Evans Electric?

As of 10th June, Evans Electric Ltd has a market capitalization of 35.00 Cr, classifying it as a Micro Cap company, with no available data for recent Net Sales or Net Profit. As of March 2025, Shareholder's Funds are 26.26 Cr and Total Assets are 34.94 Cr.

As of 10th June, <BR><BR>Market Cap: Evans Electric Ltd has a market capitalization of 35.00 Cr, categorizing it as a Micro Cap company. <BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 26.26 Cr and Total Assets valued at 34.94 Cr.

Who are in the management team of Evans Electric?

The management team of Evans Electric includes Ivor Anthony Desouza (Chairman), Nelson Lionel Fernandes (Managing Director), Iyleen Matilda Fernandes (Whole-time Director), Frederick Joseph Vaz (Independent Director), Rajkummr Keswani (Alternate Director), C J Rodricks (Additional Director), and Dinkal Sanghvi and Simpi Sahani (Company Secretaries). This team oversees the company's operations and strategic direction.

The management team of Evans Electric includes the following individuals:<BR><BR>- **Ivor Anthony Desouza** - Chairman<BR>- **Nelson Lionel Fernandes** - Managing Director<BR>- **Iyleen Matilda Fernandes** - Whole-time Director<BR>- **Frederick Joseph Vaz** - Independent Director<BR>- **Rajkummr Keswani** - Alternate Director<BR>- **C J Rodricks** - Additional Director<BR>- **Dinkal Sanghvi** - Company Secretary<BR>- **Simpi Sahani** - Company Secretary<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company. If you have any more questions about Evans Electric or its management, feel free to ask!

Who are the peers of the Evans Electric?

Peers of Evans Electric include Nirmitee Robotic, SVC Industries, Shreevatsaa Fin., S P Capital Fin., Innovative Ideal, Johnson Pharma, Monotype India, and Happy Square. Evans Electric has average management risk and below-average growth, with a 1-year return of -66.30%, significantly underperforming its peers.

Peers: The peers of Evans Electric are Nirmitee Robotic, SVC Industries, Shreevatsaa Fin., S P Capital Fin., Innovative Ideal, Johnson Pharma, Monotype India, and Happy Square.<BR><BR>Quality Snapshot: Excellent management risk is observed at Happy Square, while Average management risk is found at Evans Electric and Nirmitee Robotic, and Below Average management risk is noted at SVC Industries, S P Capital Fin., Innovative Ideal, Johnson Pharma, and the rest. Growth is rated as Good at S P Capital Fin., Average at SVC Industries and Johnson Pharma, and Below Average at Evans Electric, Nirmitee Robotic, Innovative Ideal, and the rest. Capital Structure is Excellent at S P Capital Fin., Good at Evans Electric and Nirmitee Robotic, and Below Average at SVC Industries, Innovative Ideal, Johnson Pharma, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Shreevatsaa Fin. at 43.40%, while Evans Electric has the lowest at -66.30%. This indicates that Evans Electric's performance is significantly worse than its peers. Additionally, SVC Industries, Evans Electric, Johnson Pharma, and Monotype India all have negative six-month returns.

Is Evans Electric overvalued or undervalued?

As of November 21, 2025, Evans Electric is fairly valued with a PE ratio of 9.93 and strong growth potential, making it more attractive than peers like Elitecon International and MMTC, despite its recent stock performance lagging behind the Sensex.

As of 21 November 2025, Evans Electric has moved from an expensive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 9.93, an EV to EBIT ratio of 7.10, and a PEG ratio of 0.20, indicating strong earnings growth potential relative to its price. <BR><BR>In comparison to its peers, Evans Electric's valuation metrics are significantly more attractive than those of Elitecon International, which has a PE ratio of 239.98, and MMTC, which has a PE ratio of 133.45. Notably, PTC India, considered very attractive, has a PE ratio of 7.45, further emphasizing the relative value of Evans Electric within its sector. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -23.98% compared to the Sensex's 9.08%, suggesting potential for recovery as the valuation aligns more closely with its fundamentals.

How has been the historical performance of Evans Electric?

Evans Electric has shown significant growth from March 2022 to March 2025, with net sales increasing from 7.34 Cr to 25.39 Cr, and profit after tax rising from 0.82 Cr to 7.57 Cr. Despite variability in cash flow, the overall financial performance reflects a strong upward trend in sales and profitability.

Answer:<BR>The historical performance of Evans Electric shows significant growth in various financial metrics over the years.<BR><BR>Breakdown:<BR>Evans Electric has demonstrated a strong upward trend in net sales, increasing from 7.34 Cr in March 2022 to 25.39 Cr in March 2025. Total operating income has also risen, reaching 25.48 Cr in March 2025, up from 7.34 Cr in March 2022. The company's operating profit (PBDIT) has improved markedly, growing from 1.21 Cr in March 2022 to 10.60 Cr in March 2025, reflecting a robust operating profit margin of 37.65% in the latest fiscal year. Profit before tax has followed a similar trajectory, climbing from 1.20 Cr in March 2022 to 10.04 Cr in March 2025, while profit after tax reached 7.57 Cr in March 2025, up from 0.82 Cr in March 2022. The company's total assets have expanded significantly, from 13.57 Cr in March 2022 to 34.94 Cr in March 2025, with total liabilities also increasing from 13.57 Cr to 34.94 Cr during the same period. Cash flow from operating activities has shown variability, with a notable decline to 0.00 Cr in March 2025 from 6.00 Cr in March 2023. Overall, Evans Electric's financial performance indicates a positive growth trajectory, particularly in sales and profitability metrics.

When is the next results date for Evans Electric?

The next results date for Evans Electric is 12 November 2025.

The next results date for Evans Electric is scheduled for 12 November 2025.

What is the technical trend for Evans Electric?

As of June 3, 2025, Evans Electric's technical trend is neutral with mixed signals, showing a sideways movement influenced by mildly bullish weekly MACD and bearish monthly MACD, alongside bullish Bollinger Bands but mildly bearish daily moving averages.

As of 3 June 2025, the technical trend for Evans Electric has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating divergence in momentum. The Bollinger Bands are bullish on both weekly and monthly charts, suggesting potential upward movement. However, the daily moving averages are mildly bearish, which may indicate short-term weakness. The KST shows a mildly bullish trend weekly but is bearish monthly, further contributing to the mixed outlook. Overall, the indicators suggest a sideways trend with no strong conviction in either direction.

Who are the top shareholders of the Evans Electric?

The top shareholders of Evans Electric are Ivor Desouza, holding 50.33%, and Nelson Lionel Fernandes, with 14.91%. Individual investors collectively own 37.86%, while there are no mutual funds or foreign institutional investors in the company.

The top shareholders of Evans Electric include Ivor Desouza, who is the promoter with the highest holding at 50.33%. The highest public shareholder is Nelson Lionel Fernandes, holding 14.91%. Additionally, individual investors collectively hold 37.86% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company.

What is the bonus history of the Evans Electric?

Evans Electric has issued two significant 1:1 bonus shares recently: one on February 10, 2023, and another scheduled for December 26, 2024, both with matching record and ex-dates. This reflects the company's strategy to reward its shareholders consistently.

Evans Electric has a recent bonus history that includes two significant bonus issues. The latest bonus was a 1:1 bonus issue announced for December 26, 2024, with both the record date and ex-date set for that same day. Prior to that, there was another 1:1 bonus issue on February 10, 2023, with the record and ex-dates also matching. This consistent approach to issuing bonuses reflects the company's strategy to reward its shareholders.

Has Evans Electric declared dividend?

Evans Electric Ltd has declared a 30% dividend, amounting to 3 per share, with an ex-date of September 20, 2024. The company has shown strong total returns across various periods, particularly in price returns.

Evans Electric Ltd has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 3 per share<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 0.87%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 14.19%, with a dividend return of 0%, resulting in a total return of 14.19%.<BR><BR>Over the past year, the price return was 22.71%, with a dividend return of 0.98%, leading to a total return of 23.69%.<BR><BR>In the 2-year period, the price return was 280.65%, with a dividend return of 4.79%, culminating in a total return of 285.44%.<BR><BR>For the 3-year period, the price return was 748.34%, with a dividend return of 17.07%, resulting in a total return of 765.41%.<BR><BR>In the last 4 years, the price return was 336.05%, with a dividend return of 18.82%, leading to a total return of 354.87%.<BR><BR>Over the past 5 years, the price return was 186.46%, with a dividend return of 8.19%, culminating in a total return of 194.65%.<BR><BR>Overall, Evans Electric Ltd has declared a significant dividend, and the total returns over various periods indicate strong performance, particularly in price returns, suggesting a positive outlook for investors.