Eco Recycling Ltd - Stock Valuation and Financial Performance

BSE: 530643 | NSE: | Environmental Services | Small Cap

Eco Recycling Share Price

556.50 20.70 3.86%
as on 12-Apr'24 10:20

DeciZen - make an informed investing decision on Eco Recycling

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Eco Recycling stock performance -

mw4me loader
P/E Ratio (SA):
105.39
Market Cap:
1,033.9 Cr.
52-wk low:
99
52-wk high:
640

Is Eco Recycling Ltd an attractive stock to invest in?

1. Is Eco Recycling Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Eco Recycling Ltd is a below average quality 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 Weak which suggest that the price of Eco Recycling 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 Eco Recycling:

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.
Eco Recycling Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 1.9%3.3%1.9%3.7%-3.8%4.8%6.3%3.4%12%8.3%-
Value Creation
Index
-0.9-0.8-0.9-0.7-1.3-0.7-0.6-0.8-0.2-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 25.53136.719.511.512.412.212.715.117.725
Sales YoY Gr.-21.6%18.6%-47%-40.8%8%-2%3.9%19.2%17.4%-
Adj EPS 0.10.50.10.5-1.40.71.10.63.22.35.1
YoY Gr.-292.3%-76.5%300%-383.3%NA49.3%-45.9%440.7%-28.8%-
BVPS (₹) 161616.1159.8109.914.123.221.629.4
Adj Net
Profit
0.310.20.9-2.61.42.11.16.24.410
Cash Flow from Ops. -0.412.3-0.60.86.75.57.20.616.6-
Debt/CF from Ops. -37.617.38.4-35272.731.317.60-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -3.9%9%13.3%17.4%
Adj EPS 37.4%NA27.7%-28.8%
BVPS3.4%17.2%29.6%-6.8%
Share Price 40.7% 69.5% 117.2% 349.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.83.20.73.1-9.85.68.33.914.68.919.9
Op. Profit
Mgn %
-6.77.32.614.6-4.616.328.47.72322.539.2
Net Profit
Mgn %
13.20.64.8-22.811.417.2940.724.839.2
Debt to
Equity
0.50.60.60.71.10.90.90.40.20-
Working Cap
Days
42638739267879660758348736628582
Cash Conv.
Cycle
14015512915240225617111375-1009

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 19.90%

Sales growth is growing at healthy rate in last 3 years 13.30%

Net Profit is growing at healthy rate in last 3 years 27.70%

Sales growth is good in last 4 quarters at 51.34%

No data to display

Latest Financials - Eco Recycling Ltd.

Standalone Consolidated
TTM EPS (₹) 5.1 6.3
TTM Sales (₹ Cr.) 25 24.9
BVPS (₹.) 29.4 31.9
Reserves (₹ Cr.) 38 42
P/BV 18.20 16.78
PE 105.39 85.38
From the Market
52 Week Low / High (₹) 99.00 / 640.00
All Time Low / High (₹) 2.05 / 640.00
Market Cap (₹ Cr.) 1,034
Equity (₹ Cr.) 19.3
Face Value (₹) 10
Industry PE 94

Management X-Ray of Eco Recycling:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.0024.643.830.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Eco Recycling

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales25313719121212131518
Operating Expenses 27293618121111121214
Manufacturing Costs0000000000
Material Costs23253112764566
Employee Cost 1121111111
Other Costs 2335336757
Operating Profit -2211-121134
Operating Profit Margin (%) -6.7%6.3%2.3%7.5%-4.6%15.2%12.2%4.5%17.8%22.4%
Other Income 30103116124
Interest 1111111000
Depreciation 0000000001
Exceptional Items 000-1-900000
Profit Before Tax 110-1-8115147
Tax 0000000120
Profit After Tax 010-1-8114126
PAT Margin (%) 1.2%3.0%0.4%-5.0%-73.3%10.6%9.2%34.6%82.7%34.8%
Adjusted EPS (₹)0.20.50.1-0.5-4.40.70.62.36.53.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%15%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 31313129252525335148
Share Capital 18181818181819191919
Reserves 14131411786143229
Minority Interest0000000000
Debt161718192018169100
Long Term Debt10101010151514990
Short Term Debt66810532010
Trade Payables1072240000211
Others Liabilities 2923324243
Total Liabilities 59637455484645456762

Fixed Assets

Gross Block21151616242425252439
Accumulated Depreciation6122233445
Net Fixed Assets15131414222222222034
CWIP 8889000000
Investments 678344482116
Inventories8999633244
Trade Receivables12162410442112
Cash Equivalents 00000000100
Others Assets111011911131411106
Total Assets 59637455484645456762

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 012-11767117
PBT 110-1-8115147
Adjustment 12238122-11-2
Changes in Working Capital -2-20-2152-0-114
Tax Paid 00000000-2-1
Cash Flow From Investing Activity -1-1-310-3-408-25
Capex -10-1-200-100-21
Net Investments 0-1-220-1-307-4
Others 00000-20000
Cash Flow From Financing Activity 2010-1-4-2-70-1
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 010-11-3-1-60-1
Interest Paid -1-1-1-1-1-1-1000
Dividend Paid 0000000000
Others 3021000010
Net Cash Flow 000000008-9
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.953.030.52-3.26-35.396.915.8318.9234.7614.26
ROCE (%)3.024.442.510.44-16.55.35.6116.4330.9113.97
Asset Turnover Ratio0.430.510.540.30.220.270.270.280.270.28
PAT to CFO Conversion(x)N/A1N/AN/AN/A761.750.082.83
Working Capital Days
Receivable Days142170200320235128100512528
Inventory Days113968616724513783708087
Payable Days126124171406987191261385

Eco Recycling Ltd Stock News

Eco Recycling Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Eco Recycling on 12-Apr-2024 10:20 is ₹556.5.
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 12-Apr-2024 10:20 the market cap of Eco Recycling stood at ₹1,033.9.
The latest P/E ratio of Eco Recycling as of 12-Apr-2024 10:20 is 105.4.
The latest P/B ratio of Eco Recycling as of 12-Apr-2024 10:20 is 18.20.
The 52-week high of Eco Recycling is ₹640.0 and the 52-week low is ₹99.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Eco Recycling is ₹25.00 ( Cr.) .

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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