Ecoboard Industries Ltd Stock Analysis

BSE: 523732 | NSE: WESTERNBIO | Wood & Wood Products | Small Cap

BSE Share Price 06-Dec-2022 18:01
38.80 -0.15 (-0.39%)

DeciZen - Make an Informed Decision on Ecoboard Inds

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Ecoboard Inds Price Chart

P/E Ratio (SA) :
22.93
Market Cap :
69.2 Cr.
52-wk low :
18.1
52-wk high :
64.4
Bole Toh?

1. Is Ecoboard Industries Ltd a good quality company?

Data is not available for this company.

2. Is Ecoboard Industries Ltd undervalued or overvalued?

The key valuation ratios of Ecoboard Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Ecoboard Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ecoboard Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Ecoboard Inds:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

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

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % -6.3%-10.1%-10.5%-29.6%-17.4%-20.4%-9.8%22.6%7.2%3.3%-
Value Creation Index -1.5-1.7-1.8NA-2.2NANA0.6-0.5-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 37.328.116.922.116.38.820.4121534.743
YoY Gr. Rt. %--24.7%-39.7%30.2%-25.9%-46%130.8%-40.9%24.8%131.2%-
Adj EPS -3.9-5.1-4.7-8.4-5.9-7.8-4.14.20.6-01.7
YoY Gr. Rt. %-NANANANANANANA-84.8%-104.8%-
BVPS (₹) 19.414.45.2-3.15.4-2.4-6.42.18.59.611.1
Adj Net Profit -6.9-9.1-8.4-14.9-10.4-13.9-7.27.41.1-0.13
Cash Flow from Ops. 1.241.2-0.210.90.4-6.8-2.4-6.2-
Debt/CF from Ops. 23.87.227.5-16041.949.1125.5-5.9-12.6-3.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -0.8%16.3%19.4%131.2%
Adj EPS NANANA-104.8%
BVPS -7.512.5013.4
Share Price 26.5% 52.8% 151.1% 32.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -18.1-30.1-47.8-805.6-529.4-520.692.5-190.911.9-0.316.3
Op. Profit Mgn % 1.8-5.8-18.7-26.9-30.2-72.7-17.4-43.7-7.83.31.3
Net Profit Mgn % -18.5-32.3-49.3-67.6-63.9-156.8-35.561.57.5-0.17
Debt to Equity 0.81.13.5-74.4-10.6-4.21121.41
Working Cap Days 427540738471521876412910987444294
Cash Conv. Cycle 289384501322330542152215312187136

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 16.30%

Sales growth is growing at healthy rate in last 3 years 19.43%

Debt to equity has declined versus last 3 years average to 1.42

Sales growth is good in last 4 quarters at 61.72%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Ecoboard Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 1.7 -
TTM Sales (₹ Cr.) 42.9 -
BVPS (₹.) 11.1 -
Reserves (₹ Cr.) 2 -
P/BV 3.48 -
PE 22.93 -
From the Market
52 Week Low / High (₹) 18.10 / 64.35
All Time Low / High (₹) 0.65 / 135.00
Market Cap (₹ Cr.) 69.2
Equity (₹ Cr.) 17.8
Face Value (₹) 10
Industry PE 25.1

Management X-Ray of Ecoboard Inds :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Ecoboard Inds

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Ecoboard Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ecoboard Inds on 06-Dec-2022 18:01 is : 38.80.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Dec-2022 18:01 the market cap of Ecoboard Inds stood at ₹ 69.19.
The latest PE ratio of Ecoboard Inds as of 06-Dec-2022 18:01 is 22.93.
The latest PB ratio of Ecoboard Inds as of 06-Dec-2022 18:01 is 3.48
The 52-week high of Ecoboard Inds is ₹ 64.35 and the 52-week low is ₹ 18.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Ecoboard Inds is ₹ 42.88 ( Cr.) .

About Ecoboard Industries Ltd

Ecoboard Industries was established in 1986 by like-minded promoters who have been associated with the cause of environmental control. Ecoboard Industries Limited today is in the forefront to provide consultancy and supply of efficient effluent treatment systems on turnkey basis.

To prevent the environment from damage, Ecoboard Industries Limited brings the state-of-the-art technology, to treat effluent and turn it into a useful non-conventional energy resource.

ECOBOARD’ is a 100% Woodfree tough alternative to conventional particle boards, plywood and other panel products. In keeping with its commitment towards a Greener Earth, Ecoboard Industries Ltd. brought a Revolutionary Concept in Design and Decor.

'ECOBOARD' is a versatile all purpose particle board. Its homogeneous processing and usage of fibre-reinforcement system with 11% resin content ensures a much higher bonding strength which is as good as natural wood. Ecoboard Industries Ltd., in collaboration with nature, is in the pursuit of converting the planet into a good earth obviating the side effects of industrial revolution.

Ecoboard Industries has set up two state-of-the-art, modern manufacturing facilities at Jambhulwadi in Sangli district and Velapur in Solapur district of Maharashtra.

Spread over 30 acres of land, the Jambhulwadi plant has been set up at a cost of Rs 2800 lakh and has a production capacity of 120 cubic metres per day. About 100,000 tonnes of bagasse per annum, which would otherwise go waste, is consumed by the plant to produce ECOBOARD. The machinery includes supplies from 'Siempelkamp' 'Wurtex' DRIAS, Becker Von HULLUEN of Germany and IMEAS of Italy.

Spread over 90 acres of land, the Velapur plant has been set up at a cost of Rs 55 crore. The plant is much more sophisticated and automated. Most of its machinery is imported from Germany and U.K. The plant has on-line changing options for various thickness boards. Its production capacity is 36 lakh sq.mts.per annum.

Ecoboard Industries Ltd. (Bio Systems Division) is in the forefront of generating renewable non-conventional energy from organic industrial effluents for the past 20 years. Its CSTR Anaerobic Plant (Biogas Plant) is most effective in controlling environmental pollution due to industrial effluents, and in generating substantial biogas a valuable resource of renewable energy.

Product range of the company includes:

  • Plain Particle Board- 100% wood free smooth surface and excellent bonding strength, High durability, Easy maintenance, Excellent machinability, Dimensional stability, More economical, saves time and labor, No wrapping or deformation, Moisture resistance, Fire retardant, High resistance to abrasion, Termite resistance, Excellent screw holding capacity.
  • Laminated Particle Board- 100% wood free and laminated with imported paper. High durability, Easy maintenance, Excellent machinability, Dimensional stability, More economical, saves time and labor, No wrapping or deformation, Moisture resistance, Fire retardant, High resistance to abrasion, Termite resistance, Excellent screw holding capacity.
  • Furniture includes- Manger's Table, Executive Table, Reception Table, Discussion Table and Storage Unit.

Different divisions of the company are:

  • Particle Board
  • Bio System
  • Furniture

Awards/Achievements

The ISO 9001 and ISO 14001 certified company.

Other achievements

Ecoboard conserves tree resources and forest wealth, it saves environment from pollutants it promotes rural economy and employment it helps farmers getting remunerative price for their sugarcane it promotes self-employment among carpenters, artisans etc and it prevents exodus from rural to urban areas.

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