Elgi Rubber Co

  • Market Cap: Micro Cap
  • Industry: Industrial Products
  • ISIN: INE819L01012
  • NSEID: ELGIRUBCO
  • BSEID: 500471
INR
47.50
-3.99 (-7.75%)
BSENSE

May 29

BSE+NSE Vol: 1.15 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Baroda Extrusion
Century Extrus.
JTL Defence
Galaxy Bearings
Elgi Rubber Co
Gayatri Rubbers
Agarwal Toughene
Parmeshwar Metal
Admach Systems
Cryogenic OGS
True Colors

Why is Elgi Rubber Company Ltd ?

1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of -288.09 times
  • The company has been able to generate a Return on Equity (avg) of 1.21% signifying low profitability per unit of shareholders funds
2
The company has declared Negative results for the last 5 consecutive quarters
  • INTEREST(Latest six months) At Rs 18.69 cr has Grown at 41.16%
  • PAT(Q) At Rs -48.71 cr has Fallen at -252.5% (vs previous 4Q average)
  • OPERATING PROFIT TO INTEREST (Q) Lowest at -5.95 times
3
Risky - Negative EBITDA
  • The company has recorded a negative EBITDA of Rs. -61.65 cr
  • Over the past year, while the stock has generated a return of -86.16%, its profits have fallen by -303.1%
  • The stock is trading risky as compared to its average historical valuations
4
Below par performance in long term as well as near term
  • Along with generating -86.16% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Products)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Elgi Rubber Co for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Elgi Rubber Co
-25.2%
-0.39
64.43%
Sensex
-8.4%
-0.65
12.97%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
1.39%
EBIT Growth (5y)
-257.37%
EBIT to Interest (avg)
-0.70
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
1.62
Sales to Capital Employed (avg)
0.86
Tax Ratio
0.34%
Dividend Payout Ratio
0
Pledged Shares
21.51%
Institutional Holding
3.30%
ROCE (avg)
-0.61%
ROE (avg)
1.21%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
24
Price to Book Value
1.43
EV to EBIT
-6.38
EV to EBITDA
-8.23
EV to Capital Employed
1.16
EV to Sales
1.38
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-3.87%
ROE (Latest)
-18.24%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Icon
No Data found
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

2What is working for the Company
DEBTORS TURNOVER RATIO(HY)

Highest at 6.27 times

-20What is not working for the Company
INTEREST(Latest six months)

At Rs 18.69 cr has Grown at 41.16%

PAT(Q)

At Rs -48.71 cr has Fallen at -252.5% (vs previous 4Q average

ROCE(HY)

Lowest at -13.93%

OPERATING PROFIT TO INTEREST (Q)

Lowest at -5.95 times

DEBT-EQUITY RATIO(HY)

Highest at 4.13 times

NET SALES(Q)

At Rs 86.34 cr has Fallen at -8.5% (vs previous 4Q average

PBDIT(Q)

Lowest at Rs -41.43 cr.

OPERATING PROFIT TO NET SALES (Q)

Lowest at -47.98%

PBT LESS OI(Q)

Lowest at Rs -54.01 cr.

EPS(Q)

Lowest at Rs -40.73

Loading Valuation Snapshot...

Here's what is working for Elgi Rubber Co

Debtors Turnover Ratio- Half Yearly
Highest at 6.27 times
in the last five half yearly periods
MOJO Watch
Company has been able to settle its Debtors faster

Debtors Turnover Ratio

Here's what is not working for Elgi Rubber Co

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -54.01 cr has Fallen at -158.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs -20.89 Cr
MOJO Watch
Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs -48.71 cr has Fallen at -252.5% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs -13.82 Cr
MOJO Watch
Near term PAT trend is very negative

PAT (Rs Cr)

Interest - Latest six months
At Rs 18.69 cr has Grown at 41.16%
over previous Half yearly period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Operating Profit to Interest - Quarterly
Lowest at -5.95 times
in the last five quarters
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Net Sales - Quarterly
At Rs 86.34 cr has Fallen at -8.5% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 94.35 Cr
MOJO Watch
Near term sales trend is negative

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Lowest at Rs -41.43 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is negative

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly
Lowest at -47.98%
in the last five quarters
MOJO Watch
Company's efficiency has deteriorated

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -54.01 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Earnings per Share (EPS) - Quarterly
Lowest at Rs -40.73
in the last five quarters
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (Rs)

Debt-Equity Ratio - Half Yearly
Highest at 4.13 times
in the last five half yearly periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio