ELECTHERM - Electrotherm (India) Ltd Share Price

Industrial Products

₹773.35-34.65(-4.29%)

Market Closed as of Aug 7, 2025, 15:30 IST

Select time range

Valuation
Market Cap	985.46 Cr
Price/Earnings (Trailing)	2.73
Price/Sales (Trailing)	0.25
EV/EBITDA	5.39
Price/Free Cashflow	4.11
MarketCap/EBT	2.94
Enterprise Value	2.26 kCr

Fundamentals
Revenue (TTM)	3.9 kCr
Rev. Growth (Yr)	-21.3%
Earnings (TTM)	361.06 Cr
Earnings Growth (Yr)	-74.5%

Profitability
Operating Margin	6%
EBT Margin	9%
Return on Equity	-227.4%
Return on Assets	18.82%
Free Cashflow Yield	24.32%

Price to Sales Ratio

Latest reported:

Revenue (Last 12 mths)

Latest reported: 4 kCr

Net Income (Last 12 mths)

Latest reported: 361 Cr

Growth & Returns
Price Change 1W	-18.9%
Price Change 1M	-29.7%
Price Change 6M	9.4%
Price Change 1Y	-10.5%
3Y Cumulative Return	111.3%
5Y Cumulative Return	45.3%
7Y Cumulative Return	25.5%
10Y Cumulative Return	34.1%

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	9.22 Cr
Free Cash Flow (TTM)	239.62 Cr
Free Cash Flow/Share (TTM)	188.04

Balance Sheet
Total Assets	1.92 kCr
Total Liabilities	2.08 kCr
Shareholder Equity	-158.78 Cr
Current Assets	1.12 kCr
Current Liabilities	1.69 kCr
Net PPE	594.95 Cr
Inventory	592.87 Cr
Goodwill	0.00

Capital Structure & Leverage
Debt Ratio	0.67
Debt/Equity	-8.08
Interest Coverage	7.38
Interest/Cashflow Ops	9.23

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

Risk & Volatility
Max Drawdown	-8%
Drawdown Prob. (30d, 5Y)	69.23%
Risk Level (5Y)	59.9%

Pros

Technicals: Bullish SharesGuru indicator.

Past Returns: Outperforming stock! In past three years, the stock has provided 111.3% return compared to 12% by NIFTY 50.

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

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

Profitability: Recent profitability of 9% is a good sign.

Cons

Momentum: Stock is suffering a negative price momentum. Stock is down -29.7% in last 30 days.

Size: It is a small market cap company and can be volatile.

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)	283.4

Financial Health
Current Ratio	0.66
Debt/Equity	-8.08

Technical Indicators
RSI (14d)	19.93
RSI (5d)	0.00
RSI (21d)	26.65
MACD Signal	Sell
Stochastic Oscillator Signal	Buy
Grufity Signal	Buy
RSI Signal	Buy
RSI5 Signal	Buy
RSI21 Signal	Buy
SMA 5 Signal	Sell
SMA 10 Signal	Sell
SMA 20 Signal	Sell
SMA 50 Signal	Sell
SMA 100 Signal	Sell

Summary of Latest Earnings Report from Electrotherm (India)

Summary of Electrotherm (India)'s latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated:

Q&A Session

Last updated:

Revenue Breakdown

Analysis of Electrotherm (India)'s financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Revenue

Last Updated: Jun 30, 2025

Description	Share	Value
Special Steel Division	72.9%	610.3 Cr
Engineering & Technologies Division	26.2%	219.6 Cr
Electric Vehicle Division	0.9%	7.3 Cr
Total		837.3 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	1.92%
Komalay Investrade Private Limited	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	1.06%
Anita Jaideep Sampat	1.03%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Electrotherm (India) Better than it's peers?

Detailed comparison of Electrotherm (India) against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

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

Sector Comparison: ELECTHERM vs Industrial Products

Comprehensive comparison against sector averages

Comparative Metrics

ELECTHERM metrics compared to Industrial

Category	ELECTHERM	Industrial
PE	2.85	22.20
PS	0.26	1.61
Growth	-11.5 %	2.3 %

Performance Comparison

ELECTHERM vs Industrial (2021 - 2025)

Key Insights

1. ELECTHERM is NOT among the Top 10 largest companies in Iron & Steel Products.
2. The company holds a market share of 2.3% in Iron & Steel Products.
3. In last one year, the company has had a below average growth that other Iron & Steel Products companies.

Income Statement for Electrotherm (India)

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

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	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024
Revenue From Operations	-28.2%	834	1,161	1,081	814	1,059	1,218
Other Income	-116.4%	0.77	2.4	3.46	1.55	0.88	1.73
Total Income	-28.2%	835	1,163	1,085	815	1,060	1,219
Cost of Materials	-9.9%	646	717	717	584	705	816
Purchases of stock-in-trade	-120.3%	0.19	4.99	19	11	20	0
Employee Expense	0%	51	51	46	50	52	42
Finance costs	0.1%	8.19	8.18	12	12	14	18
Depreciation and Amortization	-9.1%	11	12	11	11	11	11
Other expenses	-23.4%	155	202	180	175	182	215
Total Expenses	-28.3%	801	1,117	996	769	951	1,115
Profit Before exceptional items and Tax	-28.3%	34	47	88	46	109	104
Exceptional items before tax	-100.9%	0	107	0	13	0	0
Total profit before tax	-78.3%	34	153	88	59	109	104
Deferred tax	115.3%	6.07	-32.14	0	0	0	0
Total tax	115.3%	6.07	-32.14	0	0	0	0
Total profit (loss) for period	-85.4%	28	186	88	59	109	104
Other comp. income net of taxes	19%	-0.7	-1.1	-0.56	-0.56	-0.56	-1.56
Total Comprehensive Income	-85.8%	27	184	88	59	108	102
Earnings Per Share, Basic	-85.6%	21.78	145.6	69.34	46.68	85.43	81.66
Earnings Per Share, Diluted	-85.6%	21.78	145.6	69.34	46.68	85.43	81.66

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

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	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024
Revenue From Operations	-28.2%	834	1,161	1,081	814	1,059	1,218
Other Income	-116.4%	0.77	2.4	2.73	1.54	0.88	1.78
Total Income	-28.2%	835	1,163	1,084	815	1,060	1,219
Cost of Materials	-9.9%	646	717	717	584	705	816
Purchases of stock-in-trade	-120.3%	0.19	4.99	19	11	20	0
Employee Expense	0%	51	51	46	50	52	42
Finance costs	0.1%	8.19	8.18	12	12	14	17
Depreciation and Amortization	-9.1%	11	12	11	11	11	11
Other expenses	-23.4%	155	202	179	175	182	214
Total Expenses	-28.3%	801	1,117	996	769	951	1,114
Profit Before exceptional items and Tax	-28.3%	34	47	88	46	109	105
Exceptional items before tax	-100.9%	0	107	0	0	0	0
Total profit before tax	-78.3%	34	153	88	46	109	105
Deferred tax	115.3%	6.07	-32.14	0	0	0	0
Total tax	115.3%	6.07	-32.14	0	0	0	0
Total profit (loss) for period	-85.3%	28	185	88	46	109	105
Other comp. income net of taxes	19%	-0.7	-1.1	-0.56	-0.56	-0.56	-1.56
Total Comprehensive Income	-85.8%	27	184	87	46	108	103
Earnings Per Share, Basic	-85.7%	21.72	145.57	69.11	36.33	85.41	82.4
Earnings Per Share, Diluted	-85.7%	21.72	145.57	69.11	36.33	85.41	82.4

Balance Sheet for Electrotherm (India)

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	-81.3%	9.22	45	55	32	66	29
Current investments	0%	0.05	0.05	0.05	0.05	0.04	0.04
Total current financial assets	18.7%	331	279	288	279	283	217
Inventories	-21.3%	593	753	618	602	571	578
Current tax assets	33.3%	13	10	10	8.39	6.9	4.94
Total current assets	-8.7%	1,118	1,224	1,102	1,107	1,038	985
Property, plant and equipment	-0.3%	595	597	609	623	632	642
Capital work-in-progress	73.2%	98	57	44	32	26	31
Goodwill	-	0	0	0	0	0	36
Non-current investments	1%	7.98	7.91	7.69	7.56	7.47	7.46
Total non-current financial assets	-9.8%	47	52	49	48	47	58
Total non-current assets	7%	801	749	739	711	714	775
Total assets	-	1,918	-	-	-	-	-
Total assets	-	1,918	-	-	-	-	-
Total assets	-2.8%	1,918	1,973	1,841	1,818	1,752	1,760
Borrowings, non-current	-59.7%	353	874	607	901	245	587
Total non-current financial liabilities	-59.5%	355	874	607	901	245	588
Provisions, non-current	20.8%	30	25	25	21	21	20
Total non-current liabilities	-57.2%	385	899	631	922	266	607
Borrowings, current	24.2%	930	749	1,163	996	1,740	1,454
Total current financial liabilities	8%	1,404	1,300	1,663	1,523	2,208	1,885
Provisions, current	-12%	23	26	21	21	17	18
Total current liabilities	0.2%	1,692	1,688	1,991	1,886	2,582	2,296
Total liabilities	-	3,290	-	-	-	-	-
Total liabilities	-	2,077	-	-	-	-	-
Total liabilities	-19.7%	2,077	2,587	2,622	2,809	2,848	2,904
Equity share capital	0%	13	13	13	13	13	13
Total equity	74%	-158.78	-613.93	-781.12	-990.57	-1,096.21	-1,143.25
Total equity and liabilities	-2.8%	1,918	1,973	1,841	1,818	1,752	1,760

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	-81.9%	8.79	44	55	32	66	28
Current investments	0%	0.05	0.05	0.05	0.05	0.04	0.04
Total current financial assets	19.5%	319	267	276	267	271	219
Inventories	-21.3%	593	753	613	598	566	574
Current tax assets	43%	12	8.69	8.8	6.98	5.53	3.56
Total current assets	-8.9%	1,103	1,210	1,084	1,088	1,018	1,011
Property, plant and equipment	-0.3%	595	597	593	606	615	624
Capital work-in-progress	73.2%	98	57	44	32	26	31
Non-current investments	0%	10	10	9.99	9.89	9.8	46
Total non-current financial assets	-11.1%	41	46	43	42	42	89
Total non-current assets	7%	794	742	717	688	691	751
Total assets	-	1,897	-	-	-	-	-
Total assets	-	1,897	-	-	-	-	-
Total assets	-2.8%	1,897	1,952	1,801	1,776	1,709	1,762
Borrowings, non-current	-59.7%	353	874	607	901	245	587
Total non-current financial liabilities	-59.5%	355	874	607	901	245	588
Provisions, non-current	20.8%	30	25	25	21	21	20
Total non-current liabilities	-57.2%	385	899	631	922	266	607
Borrowings, current	26.3%	866	686	1,066	900	1,644	1,358
Total current financial liabilities	8.3%	1,339	1,236	1,565	1,425	2,110	1,787
Provisions, current	-12%	23	26	21	21	17	18
Total current liabilities	0.3%	1,626	1,621	1,892	1,787	2,482	2,196
Total liabilities	-	2,927	-	-	-	-	-
Total liabilities	-	2,011	-	-	-	-	-
Total liabilities	-20.2%	2,011	2,520	2,523	2,709	2,748	2,804
Equity share capital	0%	13	13	13	13	13	13
Total equity	79.9%	-113.43	-568.24	-722.22	-933.09	-1,039.41	-1,041.55
Total equity and liabilities	-2.8%	1,897	1,952	1,801	1,776	1,709	1,762

Cash Flow for Electrotherm (India)

Consolidated figures (in Rs. Crores) / View Standalone Data

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	-

Standalone figures (in Rs. Crores) / View Consolidated Data

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	-

What does Electrotherm (India) Ltd do?

Iron & Steel Products•Capital Goods•Small Cap

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

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

Risk & Volatility

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Electrotherm (India) Ltd do?