ELECTROTHERM (INDI chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 2,454.91
Dividend & YieldN/A₹ (N/A)
Beta 0.67
Market capitalization 1.36B
Operating cash flow N/A
ESG Scores unknown

Company description

Electrotherm (India) Limited manufactures and markets induction furnace, casting machines, transformers, sponge and pig iron, ferrous and non-ferrous billets/bars/ingots, ductile iron pipes, transmission line towers, battery-operated vehicles, and services related to steel melting and other capital equipment in India and internationally. It operates through four segments: Engineering & Project Division, Special Steel Division, Electric Vehicle Division, and Others. The company offers induction melting furnaces, electric arc furnaces, metal refining converters, refining furnaces, continuous casting machines, power distribution and furnace transformers, induction heating and hardening equipment for heat treatment, and other equipment for steel plants and foundries; and turnkey solutions. It also provides corrosion-resistant steel bars, cut and bend TMT bars, epoxy coated TMT bars, refined steel, and other steel products; structures for transmission line towers, power sub-stations, solar power plants, lattice windmill, industrial, and other engineering structures; ductile iron pipes; and oil-cooled and special duty transformers. In addition, the company offers electric bikes and scooters under the Yo Bykes brand name. Further, it provides solar PV rooftop and ground-mounted solutions to the industrial and commercial sectors. Electrotherm (India) Limited was founded in 1983 and is headquartered in Ahmedabad, India.

Sector: Industrials - Industry: Metal Fabrication

Financial Ratios
Quick Ratio0.28
Working Capital-0.06
Return On Equity-0.05
Debt To Equity-0.97
Fixed Asset Ratio-0.39
Fixed Interest Cover1.96

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities 1.09B 130M -269.5M -265.5M
Total Cashflows From Investing Activities -460.5M -668.1M 49.5M -622M
Net Borrowings -1.01B -2.3B -1.81B -630.6M
Total Cash From Financing Activities -1.06B -2.62B -2.03B -1.04B
Change To Operating Activities 524M 1.12B -332.5M 59.1M
Issuance Of Stock
Net Income 29.6M 1.42B 241M 494.9M
Change In Cash 91.9M 146.9M -169.7M 582.7M
Effect Of Exchange Rate
Total Cash From Operating Activities 1.61B 3.44B 1.81B 2.25B
Depreciation 1.49B 1.43B 1.34B 1.2B
Change To Account Receivables -928.2M 452.7M 304.4M 372.8M
Other Cashflows From Financing Activities -54.8M -321.7M -218.1M -414.4M
Change To Netincome 356.9M 37.6M -202.1M 512.3M
Capital Expenditures -500.6M -779.9M -237.3M -409.7M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 29.9M 1.42B 241.2M 495M
Net Income 29.6M 1.42B 241M 494.9M
Selling General Administrative 1.61B 1.79B 1.84B 1.51B
Gross Profit 8.15B 11.15B 9.16B 8.44B
Ebit 32.3M 1.69B -15.7M 1.03B
Operating Income 32.3M 1.69B -15.7M 1.03B
Interest Expense -11.9M -320.7M -181.1M -526.1M
Income Tax Expense 300k 800k 200k 100k
Total Revenue 29.27B 40.4B 32.12B 25.18B
Cost Of Revenue 21.13B 29.25B 22.96B 16.74B
Total Other Income ExpenseNet -2.4M -273.8M 256.9M -533.9M
Net Income From Continuing Ops 29.6M 1.42B 241M 494.9M
Net Income Applicable To Common Shares 29.6M 1.42B 241M 494.9M

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 35.22B 33.91B 30.13B 29.39B
Total Stockholder Equity -13.62B -12.22B -10.93B -10.42B
Other Current Liabilities 1.63B 2.52B 2.48B 2.31B
Total Assets 21.6B 21.69B 19.2B 18.97B
Common Stock 127.4M 127.4M 127.4M 127.4M
Other Current Assets 1.75B 1.45B 1.4B 1.43B
Retained Earnings -16.8B -15.4B -15.18B -14.67B
Treasury Stock 512.6M 512.6M 1.59B 1.59B
Cash 326.9M 473.8M 304.1M 886.8M
Total Current Liabilities 19.06B 19.34B 17.19B 19.1B
Other Stockholder Equity 512.6M 512.6M 1.59B 1.59B
Property, Plant, and Equipment 10.07B 9.39B 8.11B 7.24B
Total Current Assets 10.53B 11.12B 10.04B 10.3B
Net Tangible Assets -13.99B -12.6B -11.35B -10.84B
Net Receivables 3.74B 3.38B 3.22B 2.82B
Accounts Payable 4.75B 4.76B 4.49B 4.23B


Insider Transactions

Here are the insider transactions of stock shares related to ELECTROTHERM (INDI:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Bhandari (Anurag Mukesh)D2018-06-07Promoter15.5k
Bhandari (Siddharth Mukesh)D2018-06-04Executive Chairman16.4k
Bhandari (Siddharth Mukesh)D2018-03-09Wholetime Director17.4k
Bhandari (Siddharth Mukesh)D2018-01-23Wholetime Director16.3k
Bhandari (Siddharth Mukesh)D2018-01-03Wholetime Director15k
Bhandari (Suraj Shailesh)D2017-12-19UNREPORTED36.5k
Bhandari (Suraj Shailesh)D2017-09-25UNREPORTED44.6k
Airen (Anil Kumar)D2015-03-25UNREPORTED205.05k
Airen (Anil Kumar)D2015-03-24UNREPORTED201.28k
Airen (Anil Kumar)D2015-03-23UNREPORTED402k
Airen (Anil Kumar)D2015-03-20UNREPORTED173.78k
Airen (Anil Kumar)D2015-03-19UNREPORTED499
Airen (Anil Kumar)D2015-03-18UNREPORTED119.84k
Airen (Anil Kumar)D2015-03-17UNREPORTED222.92k
Airen (Anil Kumar)D2015-03-16UNREPORTED6.9k
Airen (Anil Kumar)D2015-03-13UNREPORTED32.09k
Airen (Anil Kumar)D2015-03-12UNREPORTED78
Airen (Anil Kumar)D2015-03-11UNREPORTED1.13k
Airen (Anil Kumar)D2015-03-09UNREPORTED1.1k
Airen (Anil Kumar)D2015-01-23UNREPORTED1.37M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ELECTROTHERM (INDI. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ELECTROTHERM (INDI

Here is the result of two systematic investment strategies applied to ELECTROTHERM (INDI. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ELECTROTHERM (INDI

The following chart shows the equity curve of the two systematic investment strategies applied to ELECTROTHERM (INDI:

ELECTROTHERM (INDI automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -19.35% on the backtest period.

Performance at glance

Performance

-19.35 %

Latent gain

-478.8 ₹

Invested capital

2473.8 ₹

Annualized return

-4.59 %
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Momentum strategy results on ELECTROTHERM (INDI

This is the result of two momentum investment strategies applied to ELECTROTHERM (INDI. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ELECTROTHERM (INDI

The following chart shows all the entries opened by the momentum investment system on ELECTROTHERM (INDI:

ELECTROTHERM (INDI momentum entries
  • The first momentum investment strategy would give -12.36% of return on ELECTROTHERM (INDI. That represents -666.3₹ of latent gain with 5391.3₹ of employed capital.
  • The second momentum investment strategy would give -11.84% of return on ELECTROTHERM (INDI. That represents -366.8₹ of latent gain with 3096.8₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

-12.36 %

Latent gain

-666.3 ₹

Invested capital

5391.3 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-11.84 %

Latent gain

-366.8 ₹

Invested capital

3096.8 ₹

Annualized return

-3.17 %

Momentum equity curve on ELECTROTHERM (INDI

The following chart shows the equity curve of the two momentum strategies applied to ELECTROTHERM (INDI:

ELECTROTHERM (INDI momentum equity

Note: the dividends potentially given by ELECTROTHERM (INDI are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ELECTROTHERM (INDI

The following chart shows the employed capital evolution of the two momentum strategies on ELECTROTHERM (INDI since the beginning:

ELECTROTHERM (INDI

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on ELECTROTHERM (INDI

Buy the dip entry openings on ELECTROTHERM (INDI

ELECTROTHERM (INDI

The performance achieved by the robo-advisor on ELECTROTHERM (INDI is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows ELECTROTHERM (INDI stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ELECTROTHERM (INDI, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to ELECTROTHERM (INDI

The following chart shows the result of the investment strategy applied to ELECTROTHERM (INDI:

ELECTROTHERM (INDI

Note: the dividends potentially given by ELECTROTHERM (INDI are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ELECTROTHERM (INDI

The following chart shows the employed capital evolution since the beginning of the investment strategy on ELECTROTHERM (INDI:

ELECTROTHERM (INDI

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ELECTROTHERM (INDI

In this section, I will compare the three previous investment strategies applied to ELECTROTHERM (INDI.

Equity curve comparison on ELECTROTHERM (INDI

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ELECTROTHERM (INDI investment strategy comparison

Employed capital comparison on ELECTROTHERM (INDI

ELECTROTHERM (INDI investment comparison

Performance comparison on ELECTROTHERM (INDI

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -19.35% -478.8₹ 2473.8₹ -4.59%
Momentum 1 quarter -12.36% -666.3₹ 5391.3₹ -3.11%
Momentum 2 quarters -11.84% -366.8₹ 3096.8₹ -3.17%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

-4.59 %

Momentum 1Q

-3.17 %

Momentum 2Q

-3.17 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ELECTROTHERM (INDI:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between ELECTROTHERM (INDI and the other stocks. There may be false positives or some missing correlated stocks. If the price of ELECTROTHERM (INDI does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name ELECTROTHERM (INDI
Country India
City Ahmedabad
Address Survey No. 72
Phone 91 27 1723 4553
Website www.electrotherm.com
FullTime employees 2841
Industry Metal Fabrication
Sector Industrials
Exchange XNSE
Ticker ELECTHERM.XNSE
Market

ELECTROTHERM (INDI ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown