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ECE Industries Ltd. Stock Analysis

Small Cap
Evaluated by 193 users | BSE: 532491 | NSE: ECEIND |
Electric Equipment
ECE Industries was incorporated in 1945 in Calcutta by Birla Group having transformers plant at Sonpat and Haryana.The company is engaged in manufacturing of Transformers, Meters and Elevators.The company was started during world war days and steadily emerged as a growing industrial enterprise...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 2.54%-0.17%4.72%-0.14%0.37%0.01%-4.32%7.57%24.1%2.8%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 148185191136113179155261260253
Y-o-Y Gr. Rt.-25.5%2.8%-28.7%-17%58.5%-13.2%67.8%-0.2%-2.8%
Adjusted EPS (Rs.) 1.67-2.745.98-2.72-1.5-2.99-11.2214.9158.315.28
Y-o-Y Gr. Rt.--264.1%NA-145.5%NANANANA291.1%-90.9%
Book Value per Share (Rs.) 186.89173.25180.13182.39182.52183.42182293.88376.79365.12
Adjusted Net Profit 1-2.44.7-2.1-1.2-2.3-8.710.942.53.9
Net Op. Cash Flow (Rs. Cr.) -12.1243312.95.86.5-13.123.514.7-4.2
Debt to Cash Flow from Ops -2.070.070.21000.03-1.240.962.72-11.88
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
ECE Industries Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 6.2%17.5%17.6%-2.8%
Adjusted EPS 13.6%NANA-90.9%
Book Value per Share 7.714.926.1-3.1
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 0.93-1.863.21-1.48-0.82-1.63-6.146.1217.391.42
Operating Profit Margin (%) -1.11-2.870.46-0.4-5.56-4.48-10.46-4.30.65-2.86
Net Profit Margin (%) 0.64-1.32.48-1.54-1.03-1.29-5.584.1716.341.52
Debt to Equity 0.240.010.050000.120.110.150.19
Working Capital Days 333291306356313189235156222298
Cash Conversion Cycle 22817613813113162806287107
Entity Percentage Holding
Promoters 90.23%
Institutions 0.01%
Non-Institutions 9.74%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

Data is not available for this company.

Data is not available for this company

ECE Industries was incorporated in 1945 in Calcutta by Birla Group having transformers plant at Sonpat and Haryana.The company is engaged in manufacturing of Transformers, Meters and Elevators.

The company was started during world war days and steadily emerged as a growing industrial enterprise in the electrical industry. Over the years it had built a commendable infrastructure and investment in technical know-how, research and development.

It's in house R&D is recognized by

ECE Industries was incorporated in 1945 in Calcutta by Birla Group having transformers plant at Sonpat and Haryana.The company is engaged in manufacturing of Transformers, Meters and Elevators.

The company was started during world war days and steadily emerged as a growing industrial enterprise in the electrical industry. Over the years it had built a commendable infrastructure and investment in technical know-how, research and development.

It's in house R&D is recognized by Department of Science and Technology, Govt. of India. ECE had achieved reorganization in designing, developing, marketing and maintaining transformers, switchgears and elevators. The company had earned the trust of State Electricity Boards, Government institutions and private bodies.ECE is equipped with state-of-art manufacturing facility with ISO 9001-2000 certification and BIS certification for its manufacturing plants. Its plants are powered by the most up to date and versatile engineering expertise, backed by highly dedicated work force.

ECE Sonpat plant is well equipped to manufacture power transformers up to 100MVA, 220KV Class having in house manufacturing facilities of core cutting, tank fabrication, radiator manufacturing, winding section, assembly section, panel assembling and fabrication and testing. More than 1200 nos. 33KV class, 66KV class and 180 nos. 132KV class power transformers are working in the plant and more than 84000 nos. of 11KV distribution transformers are working since 1967.

The company had two more plants one is in Hyderabad whish manufactures energy meters and power transformers another plant is in Ghaziabad where elevators are made.

ECE pioneered the Manufacture of first indigenous elevator in India more than 50 years back and maintained good number of elevators imported and installed from M/s. Schindler, Switzerland . ECE had technical collaboration and support from M/s. Schindler till early 1980s and thereafter also had technical know-how from Toshiba, Japan. ECE has installed about 14000 elevators in the Indian Subcontinent.

The Entire Product Range is well supported by qualified and trained workforce for Manufacturing, Engineering, Research & Development, Logistics, Field Service and Maintenance to ensure prompt delivery of Equipment Including Consumables and Spares Thereby Ensuring Customer Satisfaction

Product range of the company includes:Transformers

  • Switch gears-it manufacture mechanized quality gears that meet design of electrical substation and installation for effective management of power.
  • 12KV 800A to 20KA for 3 second medium voltage circuit breaker adapted indoor/ outdoor installation.
  • 12KV 630A to 20KA for 3 second SF6 load break switch medium voltage circuit breaker adapted indoor installation.
  • 36KV1250A to 25 KA for 3 second medium voltage circuit breaker adapted outdoor installation.

Meters

  • Single Phase Static Eneregy Meters
  • Three Phase Static Energy Meters
  • Tri-vector Meters
  • Single Phase Pre-Paid Meters
  • Energy Audit Meter

Elevators

ECE Manufactures Wide Range of passenger and goods elevators for Residential and Commercial Buildings, Multiplexes, Hospitals and Elevators for industrial usage. The Product Range Includes both manual as well as Automatic Door Elevators with various speeds. Machine Rooms Less Elevators are also available in our product line.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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