ELECTHERM - Electrotherm (India) Ltd Share Price

Industrial Products

₹1189.80+23.30(+2.00%)

Market Closed as of Apr 29, 2025, 15:30 IST

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

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: ELECTHERM vs Industrial Products

Comprehensive comparison against sector averages

Comparative Metrics

ELECTHERM metrics compared to Industrial

Category	ELECTHERM	Industrial
PE	4.12	22.21
PS	0.36	1.51
Growth	2.1 %	-1.5 %

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 2.6% in Iron & Steel Products.
3. In last one year, the company has had an above average growth that other Iron & Steel Products companies.

Description	Share	Value
Special Steel Division	68.9%	750.5 Cr
Engineering & Technologies Division	30.3%	330.2 Cr
Electric Vehicle Division	0.7%	7.8 Cr
Total		1.1 kCr

Investor Care
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	283.11

Financial Health
Current Ratio	0.73
Debt/Equity	-2.64
Debt/Cashflow	0.2

Valuation
Market Cap	1.49 kCr
Price/Earnings (Trailing)	4.12
Price/Sales (Trailing)	0.36
EV/EBITDA	3.24
Price/Free Cashflow	5.24
MarketCap/EBT	4.12

Fundamentals
Revenue (TTM)	4.18 kCr
Rev. Growth (Yr)	-4.66%
Rev. Growth (Qtr)	33.05%
Earnings (TTM)	360.68 Cr
Earnings Growth (Yr)	-17.5%
Earnings Growth (Qtr)	48.55%

Profitability
Operating Margin	8.31%
EBT Margin	8.62%
Return on Equity	-58.75%
Return on Assets	18.28%
Free Cashflow Yield	19.08%

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

As of 2025-03-31

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	3.9%
Bhandari Rakesh	3.39%
Web Businesses.Com Global Ltd.	2.34%
Arjun Leasing And Finance Pvt Ltd	2.05%
Komalay Investrade Private Limited	1.75%
Ritu Nagesh Bhandari	1.69%
Reema Bhandari	1.58%
Nagesh Bhanwarlal Bhandari	1.53%
Lavish Packagers Limited	1.5%
Kiritkumar Amrutlal Akhani	1.49%
LLP	1.47%
Jaideep Narendra Sampat	1.44%
Winspire Project Consultants Private	1.39%
Highland Finances And Investments Pvt Ltd	1.08%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Income Statement for Electrotherm (India)

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

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	32.8%	1,081	814	1,059	1,218	1,137	985
Other Income	220.4%	2.73	1.54	0.88	1.78	0.37	1.73
Total Income	33%	1,084	815	1,060	1,219	1,138	987
Cost of Materials	22.8%	717	584	705	816	809	668
Purchases of stock-in-trade	80%	19	11	20	0	0	0
Employee Expense	-8.2%	46	50	52	42	43	43
Finance costs	0%	12	12	14	17	7.55	13
Depreciation and Amortization	0%	11	11	11	11	11	12
Other expenses	2.3%	179	175	182	214	181	177
Total Expenses	29.6%	996	769	951	1,114	1,030	919
Profit Before exceptional items and Tax	93.3%	88	46	109	105	108	68
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	93.3%	88	46	109	105	108	68
Total profit (loss) for period	93.3%	88	46	109	105	108	68
Other comp. income net of taxes	0%	-0.56	-0.56	-0.56	-1.56	-0.1	-0.07
Total Comprehensive Income	91.1%	87	46	108	103	107	68
Earnings Per Share, Basic	92.8%	69.11	36.33	85.41	82.4	84.42	53.12
Earnings Per Share, Diluted	92.8%	69.11	36.33	85.41	82.4	84.42	53.12

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	39%	4,272	3,074	2,830	2,527	2,824	3,462
Other Income	-41.3%	4.34	6.69	3.76	3.8	26	13
Total Income	38.8%	4,276	3,081	2,834	2,531	2,850	3,476
Cost of Materials	30.8%	2,989	2,285	2,128	1,650	1,871	2,341
Purchases of stock-in-trade	-	0	0	1.6	47	110	159
Employee Expense	11.1%	161	145	134	130	165	157
Finance costs	-9.2%	60	66	45	50	15	38
Depreciation and Amortization	-4.3%	45	47	86	117	130	138
Other expenses	43.5%	717	500	520	479	554	572
Total Expenses	29.6%	3,956	3,053	2,866	2,467	2,841	3,335
Profit Before exceptional items and Tax	1077.8%	319	28	-31.99	63	9.44	141
Exceptional items before tax	99.1%	0	-104.75	-22.33	0	36	0
Total profit before tax	509.5%	319	-76.66	-54.32	63	45	141
Total profit (loss) for period	509.5%	319	-76.66	-54.32	63	45	141
Other comp. income net of taxes	-6.9%	-2.24	-2.03	0.39	1.34	-2.7	-1.35
Total Comprehensive Income	496.5%	317	-78.69	-53.93	65	42	139
Earnings Per Share, Basic	508.3%	250.73	-60.17	-42.64	49.69	35.31	110.49
Earnings Per Share, Diluted	508.3%	250.73	-60.17	-42.64	49.69	35.31	110.49

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

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	32.8%	1,081	814	1,059	1,218	1,137	985
Other Income	347.3%	3.46	1.55	0.88	1.73	0.33	2.13
Total Income	33.2%	1,085	815	1,060	1,219	1,138	987
Cost of Materials	22.8%	717	584	705	816	809	668
Purchases of stock-in-trade	80%	19	11	20	0	0	0
Employee Expense	-8.2%	46	50	52	42	43	43
Finance costs	0%	12	12	14	18	7.55	13
Depreciation and Amortization	0%	11	11	11	11	12	12
Other expenses	2.9%	180	175	182	215	181	177
Total Expenses	29.6%	996	769	951	1,115	1,031	920
Profit Before exceptional items and Tax	93.3%	88	46	109	104	107	68
Exceptional items before tax	-108.3%	0	13	0	0	0	0
Total profit before tax	50%	88	59	109	104	107	68
Current tax	-	0	0	0	0	0	0
Total tax	-	0	0	0	0	0	0
Total profit (loss) for period	50%	88	59	109	104	107	68
Other comp. income net of taxes	0%	-0.56	-0.56	-0.56	-1.56	-0.1	-0.07
Total Comprehensive Income	50%	88	59	108	102	107	67
Earnings Per Share, Basic	49.6%	69.34	46.68	85.43	81.66	84.05	53.01
Earnings Per Share, Diluted	49.6%	69.34	46.68	85.43	81.66	84.05	53.01

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	39%	4,272	3,074	2,831	2,518	3,200	4,040
Other Income	-35.9%	4.65	6.69	6.54	4.22	26	15
Total Income	38.8%	4,276	3,081	2,838	2,522	3,226	4,055
Cost of Materials	30.8%	2,989	2,285	2,127	1,670	2,172	2,837
Purchases of stock-in-trade	-	0	0	0	0	102	159
Employee Expense	11.1%	161	145	137	135	172	164
Finance costs	-10.6%	60	67	45	54	16	38
Depreciation and Amortization	-4.2%	47	49	88	121	134	143
Other expenses	43.7%	718	500	525	496	632	652
Total Expenses	29.6%	3,959	3,056	2,878	2,473	3,238	3,913
Profit Before exceptional items and Tax	1216.7%	317	25	-40.37	49	-11.43	142
Exceptional items before tax	97.3%	0	-36.46	0	0	36	0
Total profit before tax	2564.9%	317	-11.82	-40.37	49	24	142
Current tax	-1%	0	0.01	0	0.01	0.02	0.08
Total tax	-1%	0	0.01	0	0.01	0.02	0.08
Total profit (loss) for period	2564.9%	317	-11.82	-40.36	49	24	142
Other comp. income net of taxes	-6.9%	-2.24	-2.03	0.39	1.45	-2.76	-1.44
Total Comprehensive Income	2214.5%	315	-13.85	-39.97	51	21	140
Earnings Per Share, Basic	2513.2%	249.08	-9.28	-31.68	38.85	18.92	111.33
Earnings Per Share, Diluted	2513.2%	249.08	-9.28	-31.68	38.85	18.92	111.33

Cash Flow for Electrotherm (India)

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

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-9.2%	60	66	45
Change in inventories	-90.3%	-47.06	-24.26	-46.66
Depreciation	-4.3%	45	47	86
Unrealised forex losses/gains	-12.5%	-3.87	-3.33	-2.14
Adjustments for interest income	-	2.14	0	0
Net Cashflows from Operations	230.8%	355	108	181
Income taxes paid (refund)	81.6%	3.27	2.25	1.5
Net Cashflows From Operating Activities	233.3%	351	106	179
Proceeds from sales of PPE	-	0.12	0	0
Purchase of property, plant and equipment	300%	69	18	40
Proceeds from sales of investment property	-	0	0	0
Purchase of investment property	-	0	0	0
Interest received	-50.8%	1.87	2.77	2.4
Other inflows (outflows) of cash	-123.3%	-1.56	12	24
Net Cashflows From Investing Activities	-1887.6%	-68.17	-2.48	-14.15
Repayments of borrowings	117.2%	216	100	148
Payments of lease liabilities	-	0.57	0	0
Interest paid	17011.1%	78	1.45	41
Other inflows (outflows) of cash	41.2%	0	-0.7	-0.95
Net Cashflows from Financing Activities	-186.7%	-293.93	-101.88	-189.29
Net change in cash and cash eq.	-1966.7%	-10.76	1.63	-24.19

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

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-10.6%	60	67	45
Change in inventories	-90.2%	-47.04	-24.26	-42.94
Depreciation	-4.2%	47	49	88
Unrealised forex losses/gains	-12.5%	-3.87	-3.33	-2.14
Adjustments for interest income	-	2.46	0	0
Net Cashflows from Operations	227.8%	355	109	181
Income taxes paid (refund)	87.1%	3.32	2.24	1.96
Net Cashflows From Operating Activities	230.2%	351	107	179
Proceeds from sales of PPE	-	0.12	0	0
Purchase of property, plant and equipment	325%	69	17	40
Proceeds from sales of investment property	-	0	0	0
Purchase of investment property	-	0	0	0
Interest received	-32.8%	2.19	2.77	2.77
Other inflows (outflows) of cash	-123.5%	-1.59	12	24
Net Cashflows From Investing Activities	-1879%	-67.87	-2.48	-14.06
Repayments of borrowings	117.2%	216	100	148
Payments of lease liabilities	-	0.57	0	0
Interest paid	4867.7%	78	2.55	41
Other inflows (outflows) of cash	41.2%	0	-0.7	-0.95
Net Cashflows from Financing Activities	-183.9%	-294.25	-102.98	-189.39
Net change in cash and cash eq.	-2000%	-10.78	1.62	-24.21

Balance Sheet for Electrotherm (India)

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

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-20.4%	44	55	32	66	28	64
Current investments	0%	0.05	0.05	0.05	0.04	0.04	0.04
Total current financial assets	-3.3%	267	276	267	271	219	249
Inventories	22.9%	753	613	598	566	574	542
Current tax assets	-1.4%	8.69	8.8	6.98	5.53	3.56	3.28
Total current assets	11.6%	1,210	1,084	1,088	1,018	1,011	995
Property, plant and equipment	0.7%	597	593	606	615	624	634
Capital work-in-progress	30.2%	57	44	32	26	31	33
Non-current investments	0.1%	10	9.99	9.89	9.8	46	46
Total non-current financial assets	7.1%	46	43	42	42	89	90
Total non-current assets	3.5%	742	717	688	691	751	770
Total assets	8.4%	1,952	1,801	1,776	1,709	1,762	1,765
Borrowings, non-current	44.1%	874	607	901	245	587	362
Total non-current financial liabilities	44.1%	874	607	901	245	588	363
Provisions, non-current	0%	25	25	21	21	20	20
Total non-current liabilities	42.5%	899	631	922	266	607	383
Borrowings, current	-35.7%	686	1,066	900	1,644	1,358	1,626
Total current financial liabilities	-21%	1,236	1,565	1,425	2,110	1,787	2,017
Provisions, current	25%	26	21	21	17	18	15
Total current liabilities	-14.3%	1,621	1,892	1,787	2,482	2,196	2,343
Total liabilities	-0.1%	2,520	2,523	2,709	2,748	2,804	2,726
Equity share capital	0%	13	13	13	13	13	13
Total equity	21.3%	-568.24	-722.22	-933.09	-1,039.41	-1,041.55	-960.72
Total equity and liabilities	8.4%	1,952	1,801	1,776	1,709	1,762	1,765

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

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-18.5%	45	55	32	66	29	64
Current investments	0%	0.05	0.05	0.05	0.04	0.04	0.04
Total current financial assets	-3.1%	279	288	279	283	217	241
Inventories	21.9%	753	618	602	571	578	546
Current tax assets	0%	10	10	8.39	6.9	4.94	4.66
Total current assets	11.1%	1,224	1,102	1,107	1,038	985	949
Property, plant and equipment	-2%	597	609	623	632	642	654
Capital work-in-progress	30.2%	57	44	32	26	31	33
Goodwill	-	0	0	0	0	36	36
Non-current investments	3.3%	7.91	7.69	7.56	7.47	7.46	7.46
Total non-current financial assets	6.2%	52	49	48	47	58	59
Total non-current assets	1.4%	749	739	711	714	775	796
Total assets	7.2%	1,973	1,841	1,818	1,752	1,760	1,745
Borrowings, non-current	44.1%	874	607	901	245	587	362
Total non-current financial liabilities	44.1%	874	607	901	245	588	363
Provisions, non-current	0%	25	25	21	21	20	20
Total non-current liabilities	42.5%	899	631	922	266	607	383
Borrowings, current	-35.6%	749	1,163	996	1,740	1,454	1,722
Total current financial liabilities	-21.8%	1,300	1,663	1,523	2,208	1,885	2,115
Provisions, current	25%	26	21	21	17	18	16
Total current liabilities	-15.2%	1,688	1,991	1,886	2,582	2,296	2,444
Total liabilities	-1.3%	2,587	2,622	2,809	2,848	2,904	2,827
Equity share capital	0%	13	13	13	13	13	13
Total equity	21.4%	-613.93	-781.12	-990.57	-1,096.21	-1,143.25	-1,082.36
Total equity and liabilities	7.2%	1,973	1,841	1,818	1,752	1,760	1,745

ELECTHERM - Electrotherm (India) Ltd Share Price

What does Electrotherm (India) Ltd do?

Sector Comparison: ELECTHERM vs Industrial Products

Comparative Metrics

Performance Comparison

Revenue Breakdown

Investor Care

Financial Health

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Income Statement for Electrotherm (India)

Cash Flow for Electrotherm (India)

Balance Sheet for Electrotherm (India)