Eco Recycling Ltd Stock Analysis

BSE: 530643 | NSE: | IT - Software | Small Cap

BSE Share Price Jan 20, 18:01
135.90 -2.55 (-1.84%)

DeciZen - Make an Informed Decision on Eco Recycling

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

FAQ's

1. Is Eco Recycling Ltd a good quality company?

Data is not available for this company.

2. Is Eco Recycling Ltd undervalued or overvalued?

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

3. Is Eco Recycling Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Eco Recycling Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Eco Recycling:

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

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 2.6%3.2%1.9%3.3%1.9%3.7%-3.8%4.6%6.3%3.4%-
Value Creation Index -0.8-0.8-0.9-0.8-0.9-0.7-1.3-0.7-0.6-0.8-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 17.622.325.53136.719.511.512.412.212.716
YoY Gr. Rt. %-27%14.1%21.6%18.6%-47%-40.8%8%-2%3.9%-
Adj EPS 0.30.50.10.50.10.5-1.40.71.10.65.5
YoY Gr. Rt. %-44.1%-73.5%292.3%-76.5%300%-383.3%NA60.3%-45.9%-
BVPS (₹) 14.616.5161616.1159.8109.914.119
Adj Net Profit 0.610.310.20.9-2.61.32.11.111
Cash Flow from Ops. 5.6-1.5-0.412.3-0.60.86.75.57.2-
Debt/CF from Ops. 2.1-8.8-37.617.38.4-35272.731.3-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -3.6%-19.2%3.2%3.9%
Adj EPS 6.3%37.5%NA-45.9%
BVPS -0.4-2.712.941.4
Share Price 18.5% 25.9% 47.2% 238.5%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 2.23.20.83.20.73.1-9.85.28.33.933.1
Op. Profit Mgn % 8.16.6-6.77.32.614.6-4.616.328.47.623.5
Net Profit Mgn % 3.44.213.20.64.8-22.810.517.2965.7
Debt to Equity 0.50.40.50.60.60.71.10.90.90.40.2
Working Cap Days 478414426387392678796607583487507
Cash Conv. Cycle 86119144159133152402256171113437

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 33.10%

Debt to equity has declined versus last 3 years average to 0.35

Sales growth is good in last 4 quarters at 350.13%

Sales growth has been subdued in last 3 years 3.22%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Eco Recycling Ltd.

Standalone Consolidated
TTM EPS (₹) 5.5 5.5
TTM Sales (₹ Cr.) 16.1 16.1
BVPS (₹.) 19 21.4
Reserves (₹ Cr.) 17 22
P/BV 7.29 6.52
PE 25.30 25.39
From the Market
52 Week Low / High (₹) 34.30 / 156.45
All Time Low / High (₹) 2.05 / 156.45
Market Cap (₹ Cr.) 267
Equity (₹ Cr.) 19.3
Face Value (₹) 10
Industry PE 40.2

Management X-Ray of Eco Recycling :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.220.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Eco Recycling Ltd

Infotrek Syscom incorporated in the year 1994, as a private limited company and was converted into a pimited company in the year 1995, it went public in the same year and is listed on the Bombay Stock Exchange since June,1995.

Infotrek Syscom is presently engaged in the business of Electronic Equipment Recycling. The company’s facilities are located in Panvel, Navi Mumbai, India, spread over 7000 sq ft constructed area run by qualified & experienced professionals having access to modern tools and technology at their disposal.

Typically asset management activity deals with managing small and large volumes of retired electronic equipment, since newer and more technically advanced equipment are being placed into service. In nutshell asset management includes five basic activities:

  • Equipment refurbishment and resale
  • De-manufacturing and disassembly
  • Harvesting valuable components
  • Hazardous and base metal recovery
  •  Hazardous component management

Infotrek Syscom Ltd has a 100% Export Oriented Unit and probably is the only company in this sector. It is proud to claim that it has been assigned ISO 9001:2000 certification. Over & above that Infotrek Syscom Ltd is Member of IAER, NY-USA.

The company has chalked out a business plan to develop it's own facilities of 45,000 sq. ft in the vicinity of Jawaharlal Nehru Port Trust (JNPT), Navi Mumbai, equipped with modern facilities to cater above services up to precious metal recovery. The location has been selected keeping the logistics in mind of imports from USA, UK, Malaysia and exports to Egypt, Sri Lanka, Bangladesh, Pakistan, and other neighboring nations.

The company is having a well structured facilities spread over 7000 sq.ft of area. MOU for acquiring 45000 sq ft of land near JNPT for container movement. Modern material handling equipments and fully equipped laboratory to facilitate R & D.

The facilities of the company extend latest knowledge to the qualified & experienced engineers.

Services offered by the company:

Recycling-Equipment Resale: Reselling the used computer equipment to release residual value.

Redeployment: Upgrading and redeploying equipment back in to the organization. Infotrek Syscom can take a required number of units and undertake refurbishment, hardware upgrade, configuration, individual customization, and then redeploy the equipment.

Computer Recycling: Infotrek Syscom’s computer recycling service enhances organisations’ environmental credentials by taking obsolete and non-working items, recovering materials and recycling them with no residual to landfill.

Employee Purchase: Offer value back to its own employees by allowing them to purchase equipment that are no use any longer . Infotrek Syscom work with clients to effectively manage the complex benefit-in-kind benefits, data protection and product safety and warranty issues.

Logistic Management: A network of logistics partners facilitates the collection and transportation of equipment to Infotrek Syscom premises ready for processing.Moving offices or transferring equipment: Infotrek Syscom offers an effective, secure and reliable solution including desktop disconnection, storage and reinstallation at the new location.

E-waste management activity:

  • De-manufacturing and disassembly
  • Recovering valuable components 
  • Hazardous and base metal recovery
  • Hazardous component management
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