1. Is Elantas Beck India Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Elantas Beck India Ltd is a good quality company.
2. Is Elantas Beck India Ltd undervalued or overvalued?
The key valuation ratios of Elantas Beck India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Elantas Beck India Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Elantas Beck India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||15.6%||25.2%||24.6%||27.3%||27.8%||22%||17.2%||13.8%||14.9%||11.2%||-|
|Value Creation Index ⓘ||0.1||0.8||0.8||1.0||1.0||0.6||0.2||-0.0||0.1||-0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||10.9%||12.2%||0.8%||6.1%||4.7%||6.9%||-3.7%||-2.8%||36.3%||-|
|Adj EPS ⓘ||30.7||37.4||37.6||52.8||68.9||69.2||66.8||62.4||77.6||66.7||110.9|
|YoY Gr. Rt. %||-||22.1%||0.6%||40.4%||30.4%||0.4%||-3.5%||-6.5%||24.3%||-14.1%||-|
|BVPS (₹) ⓘ||161.6||136.6||171.1||216.6||279.9||350.2||427.6||484.4||557||636.6||721.5|
|Adj Net Profit ⓘ||24.3||29.7||29.8||41.9||54.6||54.8||52.9||49.5||61.5||52.9||88|
|Cash Flow from Ops. ⓘ||25.6||23.2||30.6||46.4||55.9||50.8||33||47.9||79.4||28.5||-|
|Debt/CF from Ops. ⓘ||0||0||0||0||0||0||0||0||0||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||9%||-0.6%||-0%||-14.1%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||15.5||25.1||24.5||27.3||27.8||22||17.2||13.7||14.9||11.2||16.3|
|Op. Profit Mgn % ⓘ||11.7||13.6||12.5||18.2||21.6||20.5||16.1||13.7||18.4||15||16.9|
|Net Profit Mgn % ⓘ||8.9||9.8||8.7||12.2||15||14.3||12.9||12.6||16.1||10.1||14.1|
|Debt to Equity ⓘ||0||0||0||0||0||0||0||0||0||0||-|
|Working Cap Days ⓘ||105||100||98||106||105||114||131||145||154||138||0|
|Cash Conv. Cycle ⓘ||58||58||54||51||43||47||61||66||53||46||0|
Return on Equity has increased versus last 3 years average to 16.30%
Sales growth is good in last 4 quarters at 27.10%
Sales growth has been subdued in last 3 years 8.47%
Net Profit has been subdued in last 3 years -0.03%
|TTM EPS (₹)||110.9||-|
|TTM Sales (₹ Cr.)||626||-|
|BVPS (₹.) ⓘ||721.5||-|
|Reserves (₹ Cr.) ⓘ||564||-|
|From the Market|
|52 Week Low / High (₹)||2851.25 / 5044.40|
|All Time Low / High (₹)||33.50 / 5044.40|
|Market Cap (₹ Cr.)||3,290|
|Equity (₹ Cr.)||7.9|
|Face Value (₹)||10|
|Industry PE ⓘ||34|
ELANTAS Beck India was established in 1956, the company is engaged in the manufacturing of wide range of specialty chemicals for electrical insulation and construction industries. The main business line of the company includes like Primary Insulation, Secondary Insulation and Electronic & Engineering Materials.
ELANTAS, the Division Electrical Insulation within the ALTANA Group, produces insulating materials for the electrical and electronics industry. They are found in electric motors, household appliances, cars, generators, transformers, capacitors, wind mills, computers, lamps, circuit boards and sensors, and help to ensure that design engineers can construct ever-smaller and more powerful electronic devices, thus saving materials and energy.
Every electrical device contains a number of components such as electric motors and transformers which they donâ€™t even notice because they function reliably. A low breakdown rate of a device reflects its high quality and means that the insulation problem has been solved well. The products made by ELANTAS Electrical Insulation â€“ wire enamels, impregnating resins, and compounds â€“ contribute to the safety, reliability, and long life of such devices.
Owing to consistent research and development, continual development of insulating materials and processes, and the fact that ELANTAS has production facilities around the world, the company has established a leading international position for itself and is the world's leading manufacturer of wire enamels and impregnating resins. This makes the division the supplier of choice for the electrical insulation industry. Hence international, renowned technology leaders are amongst the top customer base.
In 2006, ELANTAS Beck India completed 50 years of operations in India. The company manufactures a wide range of specialty chemicals for electrical insulation and construction industries. In pursuit of ALTANAâ€™s global commitment, ELANTAS Beck India develops new products and processes to meet the changing needs of customers, ELANTAS Beck India Ltd. utilizes its strengths effectively to be partners in customers success.
Product range of the company includes:
Primary Insulation- Primary Insulation supplies the enameled wire industry. The wire enamles are purchased by enamel wire manufacturers.
Secondary Insulation- Secondary Insulation supplies applications in which the enameled wire winding is insulated and stabilized mechanically. Our impregnating resins and casting compounds are bought by original equipment manufacturers (OEM*) and by manufacturers of technical devices.
Electronic & Engineering Materials- Electronic & Engineering Materials mainly supplies applications that embed or completely encapsulate electrical components.