EICL Ltd - Stock Valuation and Financial Performance

BSE: 526560 | NSE: | Mining & Minerals | Small Cap

BSE Share Price
Not Listed

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EICL stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
237.1 Cr.
52-wk low:
46.6
52-wk high:
49.5

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of EICL:

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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 9.9%12.2%12.8%12.6%15.2%6.7%-2.6%-3.4%-7.3%-3%-
Value Creation
Index
-0.3-0.1-0.1-0.10.1-0.5-1.2-1.3-1.5-1.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 463460459482441280202104128113128
Sales YoY Gr.--0.6%-0.2%5%-8.7%-36.4%-27.8%-48.4%22.7%-12.1%-
Adj EPS 3.34.95.45.46.12.3-2.3-2.3-3.9-2-3.9
YoY Gr.-47.8%10%-0.7%13.2%-62.5%-199.1%NANANA-
BVPS (₹) 28.230.433.136.740.741.237.134.931.230.928.2
Adj Net
Profit
16.724.727.22730.611.5-11.4-11.4-19.5-10-19
Cash Flow from Ops. 41.650.360.355.453.138.55.9-9.16.3-4.1-
Debt/CF from Ops. 32.21.41.60.41.24.6-4.56.6-7.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -14.5%-23.9%-17.7%-12.1%
Adj EPS -194.4%-179.9%NANA
BVPS1%-5.4%-6%-1%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
10.11414.413.815.35.6-5.8-6.3-11.7-6.4-13
Op. Profit
Mgn %
12.114.614.713.61411.9-0.4-17.7-1.711.9
Net Profit
Mgn %
3.65.45.95.66.94.1-5.6-10.9-15.2-8.9-15.1
Debt to
Equity
0.70.60.40.50.10.20.10.20.30.20.2
Working Cap
Days
11312412111111920326750346134746
Cash Conv.
Cycle
48525145373018374161-8

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - EICL Ltd.

Standalone Consolidated
TTM EPS (₹) -3.9 -4.3
TTM Sales (₹ Cr.) 128 132
BVPS (₹.) 28.2 13.5
Reserves (₹ Cr.) 132 58
P/BV 1.67 3.50
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 46.55 / 49.50
All Time Low / High (₹) 1.33 / 318.46
Market Cap (₹ Cr.) 237
Equity (₹ Cr.) 10.1
Face Value (₹) 2
Industry PE 15.9

Management X-Ray of EICL:

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

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
Sales462.80460.24459.26482.24440.50280.09202.27104.48128.14112.63
Operating Expenses 407.63392.88391.80417.14379.29246.77203.23105.80118.30114.50
Manufacturing Costs137.89129.14107.12108.4893.6896.0967.2634.3356.8345.39
Material Costs180.63170.89191.14215.47172.2275.5976.7934.9522.6430.52
Employee Cost 54.4057.2054.9455.8956.2945.8738.3224.1924.8622.05
Other Costs 34.7135.6538.6037.3057.1029.2320.8512.3313.9716.54
Operating Profit 55.1767.3667.4665.1061.2133.32-0.96-1.329.84-1.86
Operating Profit Margin (%) 11.9%14.6%14.7%13.5%13.9%11.9%-0.5%-1.3%7.7%-1.7%
Other Income 0.773.160.901.434.122.233.171.300.9212.50
Interest 17.8016.3413.7411.81116.247.635.746.186.03
Depreciation 13.4813.2812.2212.0112.438.899.099.379.258.92
Exceptional Items 000-1.510.59-1.36-5.630-20.910
Profit Before Tax 24.6640.8942.4141.1942.5019.06-20.14-15.13-25.58-4.31
Tax 8.5614.4915.0214.3011.677.36-8.89-3.52-6.21-2.32
Profit After Tax 16.1026.3927.3926.8930.8311.70-11.25-11.61-19.37-1.99
PAT Margin (%) 3.5%5.7%6.0%5.6%7.0%4.2%-5.6%-11.1%-15.1%-1.8%
Adjusted EPS (₹)2.64.64.84.95.92.3-2.2-2.3-3.9-0.4
Dividend Payout Ratio (%)12%33%31%20%25%21%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 171.66182.94196.25194.26204.47207.08186.69175.69156.70155.12
Share Capital 40.0640.0640.0620.0610.0610.0610.0610.0610.0610.06
Reserves 131.61142.89156.19174.21194.42197.02176.63165.63146.65145.06
Minority Interest0000000000
Debt92.4495.0473.1473.3616.7544.5325.4133.8733.6228.44
Long Term Debt33.2731.0120.3117.02008.388.891.630.70
Short Term Debt59.1764.0352.8356.3516.7544.5317.0324.983227.74
Trade Payables34.9029.5428.8838.8137.3032.2439.2525.0626.7520.39
Others Liabilities 107.36105.9986.10109.2348.12111.3429.2589.2488.3828.93
Total Liabilities 406.36413.52384.36415.66306.64395.19280.60323.86305.46232.87

Fixed Assets

Gross Block366.83375.60383.76415.78288.82309.25161.04167.50170.17167.08
Accumulated Depreciation120.37135.62148.99160.78115.54123.718.9518.2227.0433.04
Net Fixed Assets246.45239.97234.77255173.28185.53152.10149.28143.13134.04
CWIP 1.663.263.562.071.0910.255.520.530.400.40
Investments 0.050.050.050.050.050.050.050.550.550.55
Inventories45.6146.9242.9846.7834.7821.0520.6217.7424.0525.95
Trade Receivables60.5558.2455.4057.1247.7226.6025.7721.3821.4516.75
Cash Equivalents 4.423.231.451.390.9119.650.430.360.270.17
Others Assets47.6361.8446.1553.2748.81132.0576.11134.02115.6055.01
Total Assets 406.36413.52384.36415.66306.64395.19280.60323.86305.46232.87

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 41.6450.3160.3455.3853.0738.465.88-9.116.29-4.06
PBT 24.6640.8942.4141.1942.5019.06-20.14-15.13-25.58-4.31
Adjustment 32.0827.1725.6024.4822.4417.1114.7713.4834.833.78
Changes in Working Capital -8.63-3.057.422.31.1912.689.48-7.59-2.06-2.94
Tax Paid -6.47-14.71-15.09-12.59-13.06-10.391.760.13-0.89-0.59
Cash Flow From Investing Activity -10.86-10.02-6.41-14.9043.38-30.88-1.26-0.63-2.5721.03
Capex -10.99-10.39-7.40-15.05-3.12-31.39-2.29-0.37-0.6514.35
Net Investments 000-0.0652.910.320000
Others 0.130.370.990.21-6.410.191.03-0.26-1.926.69
Cash Flow From Financing Activity -28.90-41.41-55.12-40.56-96.7511.46-23.719.67-3.79-17.02
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000017.18-1015.55-6.08-7.84
Interest Paid -17.28-16.21-13.86-10.07-9.01-4.40-6.21-3.83-4.72-4.92
Dividend Paid -4.31-10.66-10.84-10.71-8.83-7.540000
Others -7.32-14.54-30.42-19.78-78.916.23-7.49-2.057.01-4.26
Net Cash Flow 1.88-1.12-1.19-0.07-0.2919.04-19.10-0.07-0.07-0.04
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)11.817.9217.1615.3415.865.69-5.72-6.41-11.65-1.28
ROCE (%)14.4619.3719.5118.8921.210.64-5.38-4.37-9.360.9
Asset Turnover Ratio1.191.151.181.241.230.80.610.360.420.43
PAT to CFO Conversion(x)2.591.912.22.061.723.29N/AN/AN/AN/A
Working Capital Days
Receivable Days44464442434846805960
Inventory Days35363533343637655879
Payable Days7069565781168170336418282

EICL Ltd Stock News

EICL Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of EICL on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of EICL stood at ₹237.1.
The latest P/E ratio of EICL as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of EICL as of 01-Jan-1970 05:30 is 1.67.
The 52-week high of EICL is ₹49.50 and the 52-week low is ₹46.55.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of EICL is ₹128.1 ( Cr.) .

About EICL Ltd

English Indian Clays Limited was incorporated on November 18, 1963, in technical and financial collaboration with English China Clays Limited (EECL), UK (now known as ECC Group plc, UK) .The company is engaged mainly in two business segments viz clay business and starch business. In 2012 the company announced the change of name of the Company from English Indian Clays ltd. to "EICL LIMITED".

The collaboration with ECC ceased in the year 1992. EICL has since been actively engaged in the manufacture and processing of china clay of different grades for use as a coating agent and filling agent. The company has its clay manufacturing units at Veli, Thonnakkal and Kollam located in Thiruvananthapuram, Kerala. The installed capacity of the plants was 36,000 MT per annum initially and it has since been increased to 2,13,600 MT per annum as of date.

The starch business has two manufacturing divisions at Yamunanagar in Haryana and Puducherry. The starch division at Yamunanagar can trace its origins back to 1937 when Late Lala Karam Chand Thapar promoted a company by the name of Indian Starch & Chemicals Limited. The name of this company was later changed to Bharat Starch Industries limited. The starch division at Puducherry was set up in 1994-95 to manufacture modified starches for industrial uses. The divisions have the distinction of being the only starch company in India to have acquired ISO-9002 certification and DSIR recognised R & D centre. Current starch producing capacity of the company is 1,01,040 MT per annum. The company acquired the starch business of erstwhile Bharat Starch Industries Limited (BSIL) with effect from April 1, 2001.

As a pigment and extender, china clay it is used extensively in the paper and paints industry. As filler, it is used in the manufacture of plastics, detergents, rubber goods and paper; as raw material, it is used by glass and ceramic industries for making fiberglass and porcelain respectively. As additive, it is used by the soap industry and it is also used by the paper industry for specialty coating purposes as well in order to impart strength and shine and water repellent characteristics to the paper.

Starch is used in the paper industry to increase the strength of paper-sheet & to improve the drainage, make paper less porous, for giving gloss, whiteness & smoothness to the paper. It is used to provide brightness & sharpness to the print and it is used as a bonding agent. In the textile industry, it is used to impart an abrasion resistance capacity to yarn and yarn to loom. It is an excellent fibre binder, both for natural and for synthetic fibre, gives high colour yield with sharp and bright prints, imparts weights to the fabrics, compatible to thermoses resins and acts as a good finishing agent for cotton and blended yarns. In food industry it acts as thickener or body developer, improves the texture of the food products. Corn syrup and allied products are used in production of hard-boiled candies, soft candies, chewing gums, bubble-gums, toffees, lozenges, and in breweries as a good fermentation medium and flavour and texture provider. In pharmaceutical industry it acts as a carrier of the medicines. In tablets it is the main filler and acts as a Tablet disintegrate. The main use of the byproducts is as cattle feed.

Strong R&D with well equipped application laboratories are there at all the three manufacturing locations i.e Thiruvananthapuram, Yamunanagar and Puducherry. The lab has Paper, Paint, Rubber, Cement and Ceramic industry specialists, supported by the most modern equipments, who constantly thrive for offering proactive solutions to the respective industries.

EICL products offer distinct techno-commercial advantage in Africa, South East Asia, Far East and Middle-East markets due to its geographical location.

Product range of the company includes

  • Clay- The company manufactures varieties of superior grade China Clay for diversified applications such as pigments, extender, filler and as raw material in different industries. Superior Coating Grade Kaolin is produced under the trade marks ‘Supercoat’, ‘Higloss’, ‘Hibrite’ and ‘BCK’ in the form of lumps, powder, and pre-dispersed Spray Dried Powder, Filler and Coating Grade Clay under trade mark ‘KCG’ as lumps, powder, and pre-dispersed Spray Dried Powder. Calcined Clay, used as a substitute for Titanium Dioxide in Paints, Paper, Detergents, and other grades, is also manufactured by EICL to cater to niche markets.
  • Starch- EICL’s starch division has expanded its capacity and diversified its product mix to emerge as the market leader for certain products. At its Yamunanagar unit, the company manufactures different products viz. - Maize Starch, IP/BP/PFP, Thintrite, Papyrox, Synthosize, Amylospray, Amylosize, Amylocot, Fiberloc, Bondex, corn Syrup, Maltodextrine, High maltose corn syrup, Fructose corn syrup, Refined corn oil, Gluten, Maize oil cake, Mixed fiber, Corn steep liquor and at Puducherry unit – Texoplast, Carbojet, Jetsize, PGS, Drilling Starch and Aqua Starch.

Over the last 10 years, EICL products have established themselves in the international market. With Hydrous and Calcined Clays of quality comparable with the best grades available in the world, EICL products offer distinct techno-commercial advantage in Africa, South East Asia, Far East and Middle-East markets due to its geographical location.

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