Why is Ellenbarrie Industrial Gases Ltd ?
1
Flat results in Mar 26
- INTEREST(Q) At Rs 2.33 cr has Grown at 56.38%
- PAT(Q) At Rs 22.88 cr has Fallen at -8.3% (vs previous 4Q average)
- NON-OPERATING INCOME(Q) is 43.71 % of Profit Before Tax (PBT)
2
With ROE of 11.3, it has a Very Expensive valuation with a 4 Price to Book Value
- Over the past year, while the stock has generated a return of NA, its profits have risen by 25%
3
Falling Participation by Institutional Investors
- Institutional investors have decreased their stake by -1.93% over the previous quarter and collectively hold 14.33% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
How much should you sell?
- 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 Other Chemical products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
No Data Found
Quality key factors
Factor
Value
Sales Growth (5y)
12.60%
EBIT Growth (5y)
35.60%
EBIT to Interest (avg)
7.20
Debt to EBITDA (avg)
1.08
Net Debt to Equity (avg)
-0.06
Sales to Capital Employed (avg)
0.30
Tax Ratio
22.83%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
14.33%
ROCE (avg)
10.26%
ROE (avg)
13.97%
Valuation Key Factors 
Factor
Value
P/E Ratio
35
Industry P/E
23
Price to Book Value
3.98
EV to EBIT
38.13
EV to EBITDA
31.08
EV to Capital Employed
4.16
EV to Sales
10.57
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
10.92%
ROE (Latest)
11.32%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
4What is working for the Company
PAT(Latest six months)
At Rs 48.97 cr has Grown at 30.76%
-4What is not working for the Company
INTEREST(Q)
At Rs 2.33 cr has Grown at 56.38%
PAT(Q)
At Rs 22.88 cr has Fallen at -8.3% (vs previous 4Q average
NON-OPERATING INCOME(Q)
is 43.71 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is not working for Ellen.Indl.Gas
Interest - Quarterly
At Rs 2.33 cr has Grown at 56.38%
Quarter on Quarter (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Profit After Tax (PAT) - Quarterly
At Rs 22.88 cr has Fallen at -8.3% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 24.94 CrMOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)
Non Operating Income - Quarterly
is 43.71 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT






