BSE: 504351 | NSE: | IT - Hardware | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Empower India Ltd is a below average quality company.
The key valuation ratios of Empower India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Empower India Ltd is likely to Fall 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.
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -4% | 0.1% | 0.1% | 0% | 0% | 0% | -3.1% | -2.5% | -0% | 0.1% | - |
| Value Creation Index ⓘ | -1.3 | -1.0 | -1.0 | -1.0 | NA | -1.0 | -1.2 | -1.2 | -1.0 | -1.0 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 86.7 | 107 | 103 | 90.4 | 28.1 | 0.9 | 0 | 0 | 6.4 | 9.7 | 17 |
| Sales YoY Gr. | - | 23.8% | -4.5% | -11.9% | -68.9% | -96.7% | -100% | NA | NA | 53% | - |
| Adj EPS ⓘ | -0.1 | 0 | 0 | 0 | 0 | 0 | -0.1 | -0.1 | 0 | 0 | 0 |
| YoY Gr. | - | NA | NA | NA | NA | NA | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | 2.9 | 2.9 | 2.9 | 2.9 | 2.9 | 2.9 | 2.3 | 2.2 | 2.5 | 2.5 | 2.5 |
| Adj Net Profit ⓘ | -14.7 | 0.2 | 0.2 | 0.1 | -0.1 | 0 | -14.5 | -8.5 | -0.1 | 0.2 | 1 |
| Cash Flow from Ops. ⓘ | -78.9 | 14.9 | -3.3 | 3.7 | 0.8 | -1.2 | 13.1 | -23.3 | 11.5 | 0.7 | - |
| Debt/CF from Ops. ⓘ | 0 | 0 | 0 | 0 | 213.8 | -138.3 | 12.7 | 0 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -21.6% | -19.1% | NA | 53% | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | -1.6% | -2.8% | 3.2% | 0% | ||||
| Share Price | 23.9% | 63.4% | 145.2% | 569.7% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -4 | 0.1 | 0.1 | 0 | -0 | 0 | -4.8 | -3.2 | -0 | 0.1 | 0.4 |
| Op. Profit Mgn % ⓘ | 0.3 | 0.3 | 0.3 | 0.4 | 0.2 | -19.6 | 0 | 0 | -1.4 | 2.1 | 7 |
| Net Profit Mgn % ⓘ | -16.9 | 0.1 | 0.2 | 0.2 | -0.2 | 3.2 | 0 | 0 | -1.4 | 1.9 | 6.8 |
| Debt to Equity ⓘ | 0 | 0 | 0 | 0 | 0.5 | 0.5 | 0.6 | 0 | 0 | 0 | - |
| Working Cap Days ⓘ | 618 | 417 | 361 | 398 | 2,498 | 1,08,865 | 0 | 0 | 4,372 | 3,358 | 75 |
| Cash Conv. Cycle ⓘ | -48 | -62 | -80 | -106 | -418 | -10,995 | 0 | 0 | 107 | 35 | 11 |
Return on Equity has increased versus last 3 years average to 0.40%
Sales growth is good in last 4 quarters at 315.81%
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 0 | 0 |
| TTM Sales (₹ Cr.) | 17.2 | 31.8 |
| BVPS (₹.) ⓘ | 2.5 | 2.6 |
| Reserves (₹ Cr.) ⓘ | 178 | 181 |
| P/BV ⓘ | 0.87 | 0.87 |
| PE ⓘ | 219.45 | 58.31 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.23 / 3.86 |
| All Time Low / High (₹) | 0.01 / 12.27 |
| Market Cap (₹ Cr.) | 257 |
| Equity (₹ Cr.) | 116.4 |
| Face Value (₹) | 1 |
| Industry PE ⓘ | 85.3 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 87 | 107 | 103 | 90 | 28 | 1 | 0 | 0 | 6 | 10 |
| Operating Expenses ⓘ | 86 | 107 | 102 | 90 | 28 | 1 | 0 | 0 | 6 | 10 |
| Manufacturing Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Material Costs | 84 | 107 | 102 | 90 | 28 | 1 | 0 | 0 | 6 | 9 |
| Employee Cost | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Costs ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit Margin (%) | 0.3% | 0.3% | 0.3% | 0.4% | 0.2% | -19.6% | - | - | -1.4% | 2.1% |
| Other Income ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Items ⓘ | -50 | 0 | 0 | 0 | 0 | 0 | -14 | -8 | 0 | 0 |
| Profit Before Tax ⓘ | -49 | 0 | 0 | 0 | 0 | 0 | -15 | -8 | 0 | 0 |
| Tax ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -49 | 0 | 0 | 0 | 0 | 0 | -15 | -8 | 0 | 0 |
| PAT Margin (%) | -56.9% | 0.1% | 0.2% | 0.2% | -0.2% | 3.2% | - | - | -1.4% | 1.9% |
| Adjusted EPS (₹) | -0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.1 | -0.1 | 0.0 | 0.0 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 338 | 338 | 339 | 339 | 339 | 339 | 266 | 258 | 293 | 293 |
| Share Capital ⓘ | 116 | 116 | 116 | 116 | 116 | 116 | 116 | 116 | 116 | 116 |
| Reserves ⓘ | 222 | 222 | 222 | 222 | 222 | 222 | 150 | 141 | 177 | 177 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 0 | 0 | 0 | 0 | 170 | 166 | 166 | 0 | 0 | 0 |
| Long Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 0 | 0 | 0 | 0 | 170 | 166 | 166 | 0 | 0 | 0 |
| Trade Payables | 56 | 42 | 25 | 37 | 48 | 35 | 29 | 3 | 4 | 4 |
| Others Liabilities ⓘ | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities ⓘ | 395 | 381 | 364 | 376 | 557 | 540 | 461 | 261 | 297 | 298 |
Fixed Assets | ||||||||||
| Gross Block | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Depreciation | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Fixed Assetsⓘ | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 255 | 272 | 269 | 273 | 274 | 274 | 230 | 197 | 208 | 207 |
| Inventories | 3 | 3 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Trade Receivables | 41 | 15 | 1 | 1 | 10 | 1 | 0 | 0 | 0 | 0 |
| Cash Equivalents | 3 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Others Assetsⓘ | 93 | 90 | 90 | 98 | 266 | 259 | 226 | 59 | 83 | 85 |
| Total Assets ⓘ | 395 | 381 | 364 | 376 | 557 | 540 | 461 | 261 | 297 | 298 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -79 | 15 | -3 | 4 | 1 | -1 | 13 | -23 | 11 | 1 |
| PBT ⓘ | -49 | 0 | 0 | 0 | 0 | 0 | -15 | -8 | 0 | 0 |
| Adjustment ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 35 | 0 |
| Changes in Working Capital ⓘ | -30 | 14 | -4 | 3 | 1 | -1 | 28 | -23 | -24 | 1 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | 81 | -17 | 3 | -4 | -170 | 5 | -14 | 189 | -11 | -1 |
| Capex | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Investments | 80 | -18 | 3 | -4 | -1 | 0 | -14 | 25 | -11 | 1 |
| Others ⓘ | 0 | 0 | 0 | 0 | -169 | 5 | 0 | 164 | 0 | -2 |
| Cash Flow From Financing Activityⓘ | 0 | 0 | 0 | 0 | 170 | -4 | 0 | -166 | 0 | 0 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 170 | -4 | 0 | -166 | 0 | 0 |
| Net Cash Flow ⓘ | 2 | -2 | 0 | 0 | 1 | 0 | -1 | 0 | 0 | 0 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -13.6 | 0.05 | 0.06 | 0.04 | -0.02 | 0.01 | -4.8 | -3.24 | -0.03 | 0.06 |
| ROCE (%) | -13.62 | -0.05 | 0.08 | 0.07 | 0 | 0.01 | -3.1 | -2.46 | -0.03 | 0.08 |
| Asset Turnover Ratio | 0.19 | 0.28 | 0.28 | 0.24 | 0.06 | 0 | 0 | 0 | 0.02 | 0.03 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Working Capital Days |
| Receivable Days | 257 | 94 | 27 | 2 | 69 | 2,106 | 0 | 0 | 0 | 0 |
| Inventory Days | 14 | 12 | 13 | 17 | 64 | 2,063 | 0 | 0 | 297 | 195 |
| Payable Days | 328 | 169 | 120 | 127 | 567 | 0 | 0 | 0 | 192 | 163 |
Empower India, earlier known as Empower Industries India was incorporated on February 20, 1981 as Mahajan Trading Company and promoted by Ushaben M Doshi, Nehal M Doshi, Hemal P Udani and Maganlal H Doshi. The company received the certificate of commencement of business on February 25, 1981. In 2011 the company has changed its name from Empower Industries India Ltd. to Empower India Ltd. "
The company, on June 12, 2010, has received its board’s approval for the fund raising programme by issue of various instruments such as Global Depository Receipts (GDR) / American Depository Receipts (ADR) / Foreign Currency Convertible Bonds (FCCBs) or any other securities convertible into equity shares whether optionally or otherwise up to $20 million.
The registered office of the company is located at 25/25 A, 2nd Floor, 327 Nawab Building, Dr DN Road, Fort, Mumbai, Maharashtra- 400001
Business area of the company
The company is engaged in the business of computer electronics, power electronics, and computer hardware/software development in India. It also focuses on the renewable energy generation by establishing or taking over wind farms with a capacity of 10 megawatts.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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