ELECTHERM - Electrotherm (India) Ltd Share Price

Industrial Products

₹854.65+7.65(+0.90%)

Market Closed as of Dec 15, 2025, 15:30 IST

Valuation
Market Cap	1.09 kCr
Price/Earnings (Trailing)	3.89
Price/Sales (Trailing)	0.28
EV/EBITDA	6.85
Price/Free Cashflow	5.77
MarketCap/EBT	4.41
Enterprise Value	2.24 kCr

Fundamentals
Revenue (TTM)	3.9 kCr
Rev. Growth (Yr)	0.00%
Earnings (TTM)	279.97 Cr
Earnings Growth (Yr)	-136.4%

Profitability
Operating Margin	4%
EBT Margin	6%
Return on Equity	-181.75%
Return on Assets	14.18%
Free Cashflow Yield	17.33%

Price to Sales Ratio

Latest reported: 0.3

Revenue (Last 12 mths)

Latest reported: 3.9 kCr

Net Income (Last 12 mths)

Latest reported: 280 Cr

Growth & Returns
Price Change 1W	7.8%
Price Change 1M	-4.9%
Price Change 6M	-27.3%
Price Change 1Y	-39.2%
3Y Cumulative Return	126.8%
5Y Cumulative Return	47.5%
7Y Cumulative Return	27.6%
10Y Cumulative Return	33.6%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-72.17 Cr
Cash Flow from Operations (TTM)	328.68 Cr
Cash Flow from Financing (TTM)	-302.6 Cr
Cash & Equivalents	19.41 Cr
Free Cash Flow (TTM)	239.62 Cr
Free Cash Flow/Share (TTM)	188.04

Balance Sheet
Total Assets	1.97 kCr
Total Liabilities	2.13 kCr
Shareholder Equity	-154.04 Cr
Current Assets	1.16 kCr
Current Liabilities	1.78 kCr
Net PPE	608.36 Cr
Inventory	667.1 Cr
Goodwill	0.00

Capital Structure & Leverage
Debt Ratio	0.59
Debt/Equity	-7.58
Interest Coverage	5.95
Interest/Cashflow Ops	9.23

Dividend & Shareholder Returns
Dividend Yield	0.21%
Shares Dilution (1Y)	0.00%
Shares Dilution (3Y)	0.00%

Pros

Past Returns: Outperforming stock! In past three years, the stock has provided 126.8% return compared to 12.5% by NIFTY 50.

Technicals: Bullish SharesGuru indicator.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Cons

Balance Sheet: Caution! Weak Balance sheet.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Dividend Yield	0.21%
Shares Dilution (1Y)	0.00%
Earnings/Share (TTM)	219.75

Financial Health
Current Ratio	0.65
Debt/Equity	-7.58

Technical Indicators
RSI (14d)	48.06
RSI (5d)	70.84
RSI (21d)	40.35
MACD Signal	Buy
Stochastic Oscillator Signal	Hold
Grufity Signal	Buy
RSI Signal	Hold
RSI5 Signal	Sell
RSI21 Signal	Hold
SMA 5 Signal	Buy
SMA 10 Signal	Buy
SMA 20 Signal	Sell
SMA 50 Signal	Sell
SMA 100 Signal	Sell

Earnings Outlook

Last updated:

Q&A Session

Last updated:

Revenue

Last Updated: Sep 30, 2025

Description	Share	Value
Special Steel Division	62.7%	513.8 Cr
Engineering & Technologies Division	35.5%	291.1 Cr
Electric Vehicle Divion	1.8%	14.7 Cr
Total		819.5 Cr

Share Holdings

Understand Electrotherm (India) ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
Castleshine Pte Limited	7.85%
Leadhaven Pte Limited	7.85%
Western India Speciality Hospital Limited	7.65%
Shailesh Bhandari	6.66%
Mukesh Bhandari	6.35%
Artiben Jagdishbhai Akhani	4.56%
8 Square Capital	3.83%
Bhandari Rakesh	3.39%
Web Businesses.Com Global Ltd.	2.34%
Arjun Leasing And Finance Pvt Ltd	1.87%
Komalay Investrade	1.75%
Ritu Nagesh Bhandari	1.69%
Reema Bhandari	1.58%
Jaideep Narendra Sampat	1.54%
Nagesh Bhanwarlal Bhandari	1.53%
Lavish Packagers Limited	1.5%
Kiritkumar Amrutlal Akhani	1.49%
Winspire Project Consultants Private	1.39%
Highland Finances And Investments Pvt Ltd	1.04%
Anita Jaideep Sampat	1.03%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
		-	-	-	-	-	-	-	-

Category	ELECTHERM	Industrial
PE	3.85	20.65
PS	0.28	1.52
Growth	-7.9 %	5.8 %

Key Insights

1. ELECTHERM is NOT among the Top 10 largest companies in Iron & Steel Products.
2. The company holds a market share of 2.2% in Iron & Steel Products.
3. In last one year, the company has had a below average growth that other Iron & Steel Products companies.

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	-3.7%	4,115	4,272	3,074	2,831	2,518	3,200
Other Income	99.7%	8.29	4.65	6.69	6.54	4.22	26
Total Income	-3.6%	4,124	4,276	3,081	2,838	2,522	3,226
Cost of Materials	-8.9%	2,724	2,989	2,285	2,127	1,670	2,172
Purchases of stock-in-trade	-	56	0	0	0	0	102
Employee Expense	23.8%	199	161	145	137	135	172
Finance costs	-23.7%	46	60	67	45	54	16
Depreciation and Amortization	-6.5%	44	47	49	88	121	134
Other expenses	2.8%	738	718	500	525	496	632
Total Expenses	-3.2%	3,834	3,959	3,056	2,878	2,473	3,238
Profit Before exceptional items and Tax	-8.5%	290	317	25	-40.37	49	-11.43
Exceptional items before tax	-	120	0	-36.46	0	0	36
Total profit before tax	29.4%	410	317	-11.82	-40.37	49	24
Current tax	-	0	0	0.01	0	0.01	0.02
Deferred tax	-	-32.14	0	0	0	0	0
Total tax	-	-32.14	0	0.01	0	0.01	0.02
Total profit (loss) for period	39.6%	442	317	-11.82	-40.36	49	24
Other comp. income net of taxes	-16.7%	-2.78	-2.24	-2.03	0.39	1.45	-2.76
Total Comprehensive Income	39.5%	439	315	-13.85	-39.97	51	21
Earnings Per Share, Basic	39.5%	347.06	249.08	-9.28	-31.68	38.85	18.92
Earnings Per Share, Diluted	39.5%	347.06	249.08	-9.28	-31.68	38.85	18.92

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	-2.4%	814	834	1,161	1,081	814	1,059
Other Income	252.2%	1.35	0.77	2.4	3.46	1.55	0.88
Total Income	-2.3%	816	835	1,163	1,085	815	1,060
Cost of Materials	-8.7%	590	646	717	717	584	705
Purchases of stock-in-trade	-23.5%	0	0.19	4.99	19	11	20
Employee Expense	14%	58	51	51	46	50	52
Finance costs	-14%	7.18	8.19	8.18	12	12	14
Depreciation and Amortization	0%	11	11	12	11	11	11
Other expenses	13%	175	155	202	180	175	182
Total Expenses	5.4%	844	801	1,117	996	769	951
Profit Before exceptional items and Tax	-189.4%	-28.49	34	47	88	46	109
Exceptional items before tax	-	0	0	107	0	13	0
Total profit before tax	-189.4%	-28.49	34	153	88	59	109
Deferred tax	-254%	-6.81	6.07	-32.14	0	0	0
Total tax	-254%	-6.81	6.07	-32.14	0	0	0
Total profit (loss) for period	-183.8%	-21.62	28	186	88	59	109
Other comp. income net of taxes	-40.6%	-1.39	-0.7	-1.1	-0.56	-0.56	-0.56
Total Comprehensive Income	-192.3%	-23.01	27	184	88	59	108
Earnings Per Share, Basic	-186.5%	-16.97	21.78	145.6	69.34	46.68	85.43
Earnings Per Share, Diluted	-186.5%	-16.97	21.78	145.6	69.34	46.68	85.43

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	-3.7%	4,115	4,272	3,074	2,830	2,527	2,824
Other Income	96.1%	7.55	4.34	6.69	3.76	3.8	26
Total Income	-3.6%	4,123	4,276	3,081	2,834	2,531	2,850
Cost of Materials	-8.9%	2,724	2,989	2,285	2,128	1,650	1,871
Purchases of stock-in-trade	-	56	0	0	1.6	47	110
Employee Expense	23.8%	199	161	145	134	130	165
Finance costs	-23.7%	46	60	66	45	50	15
Depreciation and Amortization	-2.3%	44	45	47	86	117	130
Other expenses	2.8%	737	717	500	520	479	554
Total Expenses	-3.1%	3,833	3,956	3,053	2,866	2,467	2,841
Profit Before exceptional items and Tax	-9.1%	290	319	28	-31.99	63	9.44
Exceptional items before tax	-	107	0	-104.75	-22.33	0	36
Total profit before tax	24.2%	396	319	-76.66	-54.32	63	45
Deferred tax	-	-32.14	0	0	0	0	0
Total tax	-	-32.14	0	0	0	0	0
Total profit (loss) for period	34.6%	429	319	-76.66	-54.32	63	45
Other comp. income net of taxes	-16.7%	-2.78	-2.24	-2.03	0.39	1.34	-2.7
Total Comprehensive Income	34.5%	426	317	-78.69	-53.93	65	42
Earnings Per Share, Basic	34.3%	336.42	250.73	-60.17	-42.64	49.69	35.31
Earnings Per Share, Diluted	34.3%	336.42	250.73	-60.17	-42.64	49.69	35.31

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	-2.4%	814	834	1,161	1,081	814	1,059
Other Income	243.5%	1.33	0.77	2.4	2.73	1.54	0.88
Total Income	-2.3%	816	835	1,163	1,084	815	1,060
Cost of Materials	-8.7%	590	646	717	717	584	705
Purchases of stock-in-trade	-23.5%	0	0.19	4.99	19	11	20
Employee Expense	14%	58	51	51	46	50	52
Finance costs	-14%	7.18	8.19	8.18	12	12	14
Depreciation and Amortization	0%	11	11	12	11	11	11
Other expenses	13%	175	155	202	179	175	182
Total Expenses	5.4%	844	801	1,117	996	769	951
Profit Before exceptional items and Tax	-189.5%	-28.52	34	47	88	46	109
Exceptional items before tax	-	0	0	107	0	0	0
Total profit before tax	-189.5%	-28.52	34	153	88	46	109
Deferred tax	-254%	-6.81	6.07	-32.14	0	0	0
Total tax	-254%	-6.81	6.07	-32.14	0	0	0
Total profit (loss) for period	-184.1%	-21.71	28	185	88	46	109
Other comp. income net of taxes	0.6%	-0.69	-0.7	-1.1	-0.56	-0.56	-0.56
Total Comprehensive Income	-190%	-22.4	27	184	87	46	108
Earnings Per Share, Basic	-187.1%	-17.04	21.72	145.57	69.11	36.33	85.41
Earnings Per Share, Diluted	-187.1%	-17.04	21.72	145.57	69.11	36.33	85.41

Description	(%) Q/Q	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023
Cash and cash equivalents	119%	19	9.22	45	55	32	66
Current investments	0%	0.05	0.05	0.05	0.05	0.05	0.04
Total current financial assets	-15.2%	281	331	279	288	279	283
Inventories	12.5%	667	593	753	618	602	571
Current tax assets	16.7%	15	13	10	10	8.39	6.9
Total current assets	3.6%	1,158	1,118	1,224	1,102	1,107	1,038
Property, plant and equipment	2.2%	608	595	597	609	623	632
Capital work-in-progress	16.5%	114	98	57	44	32	26
Goodwill	-	0	0	0	0	0	0
Non-current investments	2.4%	8.15	7.98	7.91	7.69	7.56	7.47
Total non-current financial assets	-4.3%	45	47	52	49	48	47
Total non-current assets	1.9%	816	801	749	739	711	714
Total assets	-	-	1,918	-	-	-	-
Total assets	-	-	1,918	-	-	-	-
Total assets	2.9%	1,974	1,918	1,973	1,841	1,818	1,752
Borrowings, non-current	-9.1%	321	353	874	607	901	245
Total non-current financial liabilities	-9.6%	321	355	874	607	901	245
Provisions, non-current	0%	30	30	25	25	21	21
Total non-current liabilities	-8.3%	353	385	899	631	922	266
Borrowings, current	-9%	846	930	749	1,163	996	1,740
Total current financial liabilities	0.4%	1,410	1,404	1,300	1,663	1,523	2,208
Provisions, current	36.4%	31	23	26	21	21	17
Total current liabilities	4.9%	1,775	1,692	1,688	1,991	1,886	2,582
Total liabilities	-	-	3,290	-	-	-	-
Total liabilities	-	-	2,077	-	-	-	-
Total liabilities	2.5%	2,128	2,077	2,587	2,622	2,809	2,848
Equity share capital	0%	13	13	13	13	13	13
Total equity	3%	-154.04	-158.78	-613.93	-781.12	-990.57	-1,096.21
Total equity and liabilities	2.9%	1,974	1,918	1,973	1,841	1,818	1,752

Description	(%) Q/Q	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023
Cash and cash equivalents	131.1%	19	8.79	44	55	32	66
Current investments	0%	0.05	0.05	0.05	0.05	0.05	0.04
Total current financial assets	-15.7%	269	319	267	276	267	271
Inventories	12.5%	667	593	753	613	598	566
Current tax assets	9.1%	13	12	8.69	8.8	6.98	5.53
Total current assets	3.6%	1,143	1,103	1,210	1,084	1,088	1,018
Property, plant and equipment	2.2%	608	595	597	593	606	615
Capital work-in-progress	16.5%	114	98	57	44	32	26
Non-current investments	0%	10	10	10	9.99	9.89	9.8
Total non-current financial assets	-5%	39	41	46	43	42	42
Total non-current assets	2%	810	794	742	717	688	691
Total assets	-	-	1,897	-	-	-	-
Total assets	-	-	1,897	-	-	-	-
Total assets	3%	1,953	1,897	1,952	1,801	1,776	1,709
Borrowings, non-current	-9.1%	321	353	874	607	901	245
Total non-current financial liabilities	-9.6%	321	355	874	607	901	245
Provisions, non-current	0%	30	30	25	25	21	21
Total non-current liabilities	-8.3%	353	385	899	631	922	266
Borrowings, current	-9.7%	782	866	686	1,066	900	1,644
Total current financial liabilities	0.5%	1,346	1,339	1,236	1,565	1,425	2,110
Provisions, current	36.4%	31	23	26	21	21	17
Total current liabilities	5.1%	1,709	1,626	1,621	1,892	1,787	2,482
Total liabilities	-	-	2,927	-	-	-	-
Total liabilities	-	-	2,011	-	-	-	-
Total liabilities	2.5%	2,062	2,011	2,520	2,523	2,709	2,748
Equity share capital	0%	13	13	13	13	13	13
Total equity	4%	-108.85	-113.43	-568.24	-722.22	-933.09	-1,039.41
Total equity and liabilities	3%	1,953	1,897	1,952	1,801	1,776	1,709

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	-30.5%	42	60	67	45	50	-
Change in inventories	141.6%	21	-47.04	-24.26	-42.94	-12.94	-
Depreciation	-6.5%	44	47	49	88	121	-
Impairment loss / reversal	-	-56.96	0	0	0	0	-
Unrealised forex losses/gains	10.1%	-3.38	-3.87	-3.33	-2.14	0	-
Adjustments for interest income	-168.5%	0	2.46	0	0	0	-
Net Cashflows from Operations	-6.5%	332	355	109	181	225	-
Income taxes paid (refund)	-12.5%	3.03	3.32	2.24	1.96	-0.21	-
Net Cashflows From Operating Activities	-6.3%	329	351	107	179	225	-
Proceeds from sales of PPE	3736.4%	33	0.12	0	0	0.13	-
Purchase of property, plant and equipment	29.4%	89	69	17	40	41	-
Proceeds from sales of investment property	-	0	0	0	0	3	-
Purchase of investment property	-	0	0	0	0	3	-
Interest received	47.1%	2.75	2.19	2.77	2.77	3.39	-
Other inflows (outflows) of cash	-668%	-18.89	-1.59	12	24	-24.73	-
Net Cashflows From Investing Activities	-6.2%	-72.17	-67.87	-2.48	-14.06	-62.2	-
Repayments of borrowings	10.7%	239	216	100	148	62	-
Payments of lease liabilities	51.2%	0.79	0.57	0	0	0	-
Interest paid	-19.5%	63	78	2.55	41	41	-
Other inflows (outflows) of cash	-	0	0	-0.7	-0.95	0	-
Net Cashflows from Financing Activities	-2.8%	-302.6	-294.25	-102.98	-189.39	-104.5	-
Net change in cash and cash eq.	-299.7%	-46.09	-10.78	1.62	-24.21	58	-

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	-30.5%	42	60	66	45	47	-
Change in inventories	141.6%	21	-47.06	-24.26	-46.66	-17.8	-
Depreciation	-2.3%	44	45	47	86	117	-
Impairment loss / reversal	-	-84.88	0	0	0	0	-
Unrealised forex losses/gains	10.1%	-3.38	-3.87	-3.33	-2.14	0	-
Adjustments for interest income	-187.7%	0	2.14	0	0	0	-
Net Cashflows from Operations	-6.8%	331	355	108	181	225	-
Income taxes paid (refund)	-10.6%	3.03	3.27	2.25	1.5	-0.17	-
Net Cashflows From Operating Activities	-6.6%	328	351	106	179	225	-
Proceeds from sales of PPE	-13.6%	0	0.12	0	0	0.13	-
Purchase of property, plant and equipment	29.4%	89	69	18	40	41	-
Proceeds from sales of investment property	-	0	0	0	0	3	-
Purchase of investment property	-	0	0	0	0	3	-
Interest received	101.1%	2.75	1.87	2.77	2.4	2.91	-
Other inflows (outflows) of cash	-667.2%	-18.64	-1.56	12	24	-24.73	-
Net Cashflows From Investing Activities	-53.2%	-104.94	-68.17	-2.48	-14.15	-62.51	-
Repayments of borrowings	-4.7%	206	216	100	148	65	-
Payments of lease liabilities	51.2%	0.79	0.57	0	0	1.53	-
Interest paid	-19.5%	63	78	1.45	41	37	-
Other inflows (outflows) of cash	-	0	0	-0.7	-0.95	0	-
Net Cashflows from Financing Activities	8.3%	-269.53	-293.93	-101.88	-189.29	-103.9	-
Net change in cash and cash eq.	-300.4%	-46.09	-10.76	1.63	-24.19	59	-

Electrotherm (India) Limited, an engineering company, engages in provision of steel melting solutions worldwide. It operates through Engineering and Technologies, Special Steel, Electric Vehicle, and Others segments. The company designs and manufactures steel plants equipment, foundries, induction heating, and hardening equipment for heat treatment. It also engages in the manufacturing of TMT bars and ductile iron pipes, including blast furnaces, sponge iron kilns, induction furnaces, rolling mills, ladle refining furnace, and pipe making facilities. In addition, the company provides solar photovoltaic rooftop and ground-mounted solutions to industrial and commercial sectors. Further, it offers induction furnace, casting machines, transformers, sponge and pig iron, ferrous and non-ferrous billets/bars/ingots, duct iron pipes, transmission line towers, and battery operated vehicles; and services related to steel melting, and other capital equipment. Electrotherm (India) Limited was founded in 1983 and is headquartered in Ahmedabad, India.

Industry Group:Industrial Products

Employees:2,431

Website:www.electrotherm.com

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

ELECTHERM - Electrotherm (India) Ltd Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Electrotherm (India) Ltd do?

Important Disclosure & Data Context

ELECTHERM - Electrotherm (India) Ltd Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Sharesguru Stock Score for ELECTHERM

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Electrotherm (India) Ltd do?

Important Disclosure & Data Context

Sharesguru Stock Score for ELECTHERM