공시 • May 12
Electrotherm (India) Limited to Report Q4, 2026 Results on May 21, 2026 Electrotherm (India) Limited announced that they will report Q4, 2026 results on May 21, 2026 공시 • Feb 03
Electrotherm (India) Limited to Report Q3, 2026 Results on Feb 11, 2026 Electrotherm (India) Limited announced that they will report Q3, 2026 results on Feb 11, 2026 공시 • Nov 03
Electrotherm (India) Limited to Report Q2, 2026 Results on Nov 10, 2025 Electrotherm (India) Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 10, 2025 공시 • Aug 07
Electrotherm (India) Limited, Annual General Meeting, Sep 10, 2025 Electrotherm (India) Limited, Annual General Meeting, Sep 10, 2025, at 10:00 Indian Standard Time. 공시 • Jul 22
Electrotherm (India) Limited to Report Q1, 2026 Results on Jul 29, 2025 Electrotherm (India) Limited announced that they will report Q1, 2026 results on Jul 29, 2025 공시 • May 13
Electrotherm (India) Limited to Report Q4, 2025 Results on May 20, 2025 Electrotherm (India) Limited announced that they will report Q4, 2025 results on May 20, 2025 공시 • Feb 11
Electrotherm (India) Limited Appoints Amit Kumar Patwarika as A Chief Financial Officer Electrotherm (India) Limited at its board meeting held on February 11, 2025, approved appointment of Mr. Amit Kumar Patwarika as a Chief Financial Officer (CFO) of the Company with effect from 11 February, 2025. Mr. Amit Kumar Patwarika aged about 45 years, is Chartered Accountant. He is Fellow Member of Institute of Chartered Accountants of India. He is having around 15 years of experience in the field of Accountancy, Auditing, taxation, Treasury Management, Costing & Budgeting in steel industry. He is associated with the Company since 2009. Further, He is also a Chief Financial Officer (CFO) of Hans Ispat Limited, a Wholly Owned Subsidiary Company. 공시 • Nov 14
Chaitanya Pratap Sharma acquired 80.49% stake in Et Elec-Trans Limited from Electrotherm (India) Limited (BSE:526608) for INR 0.07 million. Chaitanya Pratap Sharma acquired 80.49% stake in Et Elec-Trans Limited from Electrotherm (India) Limited (BSE:526608) for INR 0.07 million on November 13, 2024. A cash consideration of INR 0.07 million valued at INR 0.1 per share will be paid by the buyer. As part of consideration, INR 0.07 million is paid towards common equity of 0.72 million shares of Et Elec-Trans Limited.
As of March 31, 2024, Et Elec-Trans Limited reported net liabilities of INR 5.9 million.
The transaction is subject to approval of merger agreement by target board. The deal has been approved by the board.
Chaitanya Pratap Sharma completed the acquisition of 80.49% stake in Et Elec-Trans Limited from Electrotherm (India) Limited (BSE:526608) on November 13, 2024 공시 • Nov 13
Electrotherm (India) Limited Approves Appointment of Harish Mukati as a Chief Executive Officer of Steel Division, Effective November 14, 2024 Electrotherm (India) Limited informed that the Board of Directors of the Company at their meeting held on 13th November, 2024, has approved appointment of Mr. Harish Mukati as a Chief Executive Officer (CEO) of Steel Division of the Company with effect from 14th November, 2024. Mr. Harish Mukati aged about 47 years, is Bachelor of Engineering in Civil & Structural Engineering from National Institute of Technology Bhopal. He has also completed Executive Management Studies from IIM - Ahmedabad. He is having more than 23 years of experience in strategic planning and business operations of engineering as well as steel industries. 공시 • Nov 05
Electrotherm (India) Limited to Report Q2, 2025 Results on Nov 13, 2024 Electrotherm (India) Limited announced that they will report Q2, 2025 results on Nov 13, 2024 공시 • Aug 13
Electrotherm (India) Limited, Annual General Meeting, Sep 12, 2024 Electrotherm (India) Limited, Annual General Meeting, Sep 12, 2024, at 11:00 Indian Standard Time. 공시 • Aug 02
Electrotherm (India) Limited to Report Q1, 2025 Results on Aug 10, 2024 Electrotherm (India) Limited announced that they will report Q1, 2025 results at 3:30 PM, Indian Standard Time on Aug 10, 2024 Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹794, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 446% over the past three years. New Risk • Jun 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.55b (US$102.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Negative equity (-₹7.8b). Minor Risk Market cap is less than US$100m (₹8.55b market cap, or US$102.4m). Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹637, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 396% over the past three years. Reported Earnings • May 21
Full year 2024 earnings released: EPS: ₹249 (vs ₹9.31 loss in FY 2023) Full year 2024 results: EPS: ₹249 (up from ₹9.31 loss in FY 2023). Revenue: ₹42.8b (up 39% from FY 2023). Net income: ₹3.17b (up ₹3.29b from FY 2023). Profit margin: 7.4% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • May 07
Now 22% undervalued Over the last 90 days, the stock has risen 107% to ₹803. The fair value is estimated to be ₹1,024, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. 공시 • Apr 12
Electrotherm (India) Limited Announces Resignation of Chiragkumar Shah as Chief Financial Officer Electrotherm (India) Limited announced that Mr. Chiragkumar Shah, Chief Financial Officer (Key Managerial Personnel) of the Company, has tendered his resignation from the post of Chief Financial Officer of the Company and he has been relieved from the services of the Company with effect from 12 April, 2024 after office hours. Reason for Resignation is due to his own plans for the future. Reported Earnings • Feb 12
Third quarter 2024 earnings released: EPS: ₹84.05 (vs ₹5.74 in 3Q 2023) Third quarter 2024 results: EPS: ₹84.05 (up from ₹5.74 in 3Q 2023). Revenue: ₹11.4b (up 85% from 3Q 2023). Net income: ₹1.07b (up ₹997.7m from 3Q 2023). Profit margin: 9.4% (up from 1.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 42% per year. 공시 • Jan 30
Electrotherm (India) Limited Announces Resignation of Jigar Shah as Company Secretary and Compliance Officer Electrotherm (India) Limited announced that Mr. Jigar Shah, Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company, has tendered his resignation from the post of Company Secretary and Compliance Officer of the Company due to personal reason and he has been relieved from the services of the Company with effect from closing of business hours on 30th January, 2024. Reported Earnings • Nov 05
Second quarter 2024 earnings released: EPS: ₹53.01 (vs ₹12.54 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹53.01 (up from ₹12.54 loss in 2Q 2023). Revenue: ₹9.87b (up 32% from 2Q 2023). Net income: ₹675.3m (up ₹835.0m from 2Q 2023). Profit margin: 6.8% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹141, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 38% over the past three years. 공시 • Sep 01
Electrotherm (India) Limited Announces Resignation of Santanu Kumar Nath as Executive Director Electrotherm (India) Limited announced that Mr. Santanu Kumar Nath designated as Executive Director, Steel Division, forming part of Senior Management has tendered his resignation vide Email dated August 28, 2023 due to personal reason and family compulsion, which was accepted on August 30, 2023. New Risk • Aug 12
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Negative equity (-₹11b). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹1.32b market cap, or US$16.0m). Reported Earnings • Jul 21
Full year 2023 earnings released: ₹9.31 loss per share (vs ₹31.78 loss in FY 2022) Full year 2023 results: ₹9.31 loss per share (improved from ₹31.78 loss in FY 2022). Revenue: ₹30.7b (up 8.6% from FY 2022). Net loss: ₹118.2m (loss narrowed 71% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Buying Opportunity • Jun 02
Now 20% undervalued Over the last 90 days, the stock is up 66%. The fair value is estimated to be ₹123, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 30
Full year 2023 earnings released: ₹9.28 loss per share (vs ₹31.78 loss in FY 2022) Full year 2023 results: ₹9.28 loss per share (improved from ₹31.78 loss in FY 2022). Revenue: ₹30.8b (up 8.8% from FY 2022). Net loss: ₹118.2m (loss narrowed 71% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. 공시 • May 25
Electrotherm (India) Limited Appoints Chirag Shah as Chief Financial Officer The board of directors of Electrotherm (India) Limited at its meeting held on May 24, 2023, appointment of Mr. Chirag Shah as a Chief Financial Officer (CFO) of the Company with effect from 24 May, 2023. Mr. Chirag Shah aged about 50 years, is Bachelor of Commerce and Chartered Accountant - Professional Education II Certificate. He has around 18 years' experience in the field of accounts, taxation, budgetary planning & forecasting, internal control systems, transfer pricing, expense management etc. 공시 • May 19
Electrotherm (India) Limited to Report Q4, 2023 Results on May 24, 2023 Electrotherm (India) Limited announced that they will report Q4, 2023 results on May 24, 2023 Reported Earnings • Feb 17
Third quarter 2023 earnings released: EPS: ₹5.74 (vs ₹10.66 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹5.74 (up from ₹10.66 loss in 3Q 2022). Revenue: ₹6.16b (down 24% from 3Q 2022). Net income: ₹73.1m (up ₹208.9m from 3Q 2022). Profit margin: 1.2% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. 공시 • Feb 08
Electrotherm (India) Limited to Report Q3, 2023 Results on Feb 14, 2023 Electrotherm (India) Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Board Change • Dec 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Whole-Time Director Suraj Bhandari was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 19
Second quarter 2023 earnings released: ₹12.54 loss per share (vs ₹20.57 loss in 2Q 2022) Second quarter 2023 results: ₹12.54 loss per share (improved from ₹20.57 loss in 2Q 2022). Revenue: ₹7.47b (up 4.0% from 2Q 2022). Net loss: ₹159.7m (loss narrowed 39% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. 공시 • Nov 06
Electrotherm (India) Limited to Report Q2, 2023 Results on Nov 14, 2022 Electrotherm (India) Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 14
First quarter 2023 earnings released: ₹35.10 loss per share (vs ₹17.39 profit in 1Q 2022) First quarter 2023 results: ₹35.10 loss per share (down from ₹17.39 profit in 1Q 2022). Revenue: ₹6.81b (down 2.0% from 1Q 2022). Net loss: ₹447.3m (down 302% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. 공시 • Aug 11
Electrotherm (India) Limited, Annual General Meeting, Aug 31, 2022 Electrotherm (India) Limited, Annual General Meeting, Aug 31, 2022, at 11:00 Indian Standard Time. Agenda: To consider and adopt audited standalone and consolidated financial statements of the Company for the financial year ended on 31st March 2022 together with report of Board of Directors and Auditors' Report thereon; to appoint a Director in place of Mr. Suraj Bhandari (DIN:07296523), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment; to re-appoint Statutory Auditors and fix their remuneration and in this regard, to consider and if thought fit, to pass with or without modification; to ratify the remuneration of the Cost Auditor for the financial year ending on 31st March, 2023; to re-appoint Mr. Suraj Bhandari (DIN: 07296523) as a Whole-time Director of the Company; and to transact such business issues. 공시 • Aug 03
Electrotherm (India) Limited Appoints Jigar Shah as a Company Secretary & Compliance Officer Electrotherm (India) Limited announced that at the board meeting held on August 2, 2022 approved appointment of Mr. Jigar Shah as a Company Secretary & Compliance Officer of the Company with effect from August 2, 2022. Mr. Jigar Shah has done B.Com., LL.M and he is qualified Company Secretary and Fellow Member of the Institute of Company Secretaries of India. He has more than 20 years of vast experience in the field of secretarial and legal functions. 공시 • Jul 26
Electrotherm (India) Limited to Report Q1, 2023 Results on Aug 02, 2022 Electrotherm (India) Limited announced that they will report Q1, 2023 results on Aug 02, 2022 Recent Insider Transactions • Jun 26
Insider recently sold ₹1.7m worth of stock On the 23rd of June, Narendra Dalal sold around 18k shares on-market at roughly ₹96.69 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹3.2m more than they bought in the last 12 months. Recent Insider Transactions • Jun 10
Insider recently sold ₹1.1m worth of stock On the 3rd of June, Narendra Dalal sold around 11k shares on-market at roughly ₹103 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Jun 04
Full year 2022 earnings released: ₹31.68 loss per share (vs ₹38.97 profit in FY 2021) Full year 2022 results: ₹31.68 loss per share (down from ₹38.97 profit in FY 2021). Revenue: ₹28.3b (up 12% from FY 2021). Net loss: ₹403.6m (down 182% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. 공시 • May 25
Electrotherm (India) Limited to Report Q4, 2022 Results on May 30, 2022 Electrotherm (India) Limited announced that they will report Q4, 2022 results on May 30, 2022 Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹10.66 loss per share (down from ₹36.88 profit in 3Q 2021). Revenue: ₹8.11b (up 8.6% from 3Q 2021). Net loss: ₹135.8m (down 129% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 17
First quarter 2022 earnings released: EPS ₹17.39 (vs ₹38.95 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹6.96b (up 116% from 1Q 2021). Net income: ₹221.6m (up ₹717.8m from 1Q 2021). Profit margin: 3.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Executive Departure • Aug 05
Compliance Officer & Company Secretary Fageshkumar Soni has left the company On the 31st of July, Fageshkumar Soni's tenure as Compliance Officer & Company Secretary ended after 4.8 years in the role. We don't have any record of a personal shareholding under Fageshkumar's name. A total of 2 executives have left over the last 12 months. Is New 90 Day High Low • Feb 15
New 90-day high: ₹135 The company is up 47% from its price of ₹91.80 on 17 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 35% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS ₹36.88 (vs ₹5.80 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹7.47b (up 3.8% from 3Q 2020). Net income: ₹469.8m (up ₹396.0m from 3Q 2020). Profit margin: 6.3% (up from 1.0% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 66% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. 공시 • Feb 05
Electrotherm (India) Limited to Report Q3, 2021 Results on Feb 11, 2021 Electrotherm (India) Limited announced that they will report Q3, 2021 results on Feb 11, 2021 Is New 90 Day High Low • Jan 06
New 90-day high: ₹123 The company is up 20% from its price of ₹102 on 08 October 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 44% over the same period. Is New 90 Day High Low • Dec 02
New 90-day high: ₹117 The company is up 5.0% from its price of ₹111 on 03 September 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 12% over the same period. Reported Earnings • Nov 14
Second quarter 2021 earnings released: ₹15.42 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: ₹5.51b (down 25% from 2Q 2020). Net loss: ₹196.4m (down 172% from profit in 2Q 2020). 공시 • Nov 04
Electrotherm (India) Limited to Report Q2, 2021 Results on Nov 11, 2020 Electrotherm (India) Limited announced that they will report Q2, 2021 results on Nov 11, 2020 Is New 90 Day High Low • Oct 26
New 90-day low: ₹95.55 The company is down 2.0% from its price of ₹97.90 on 28 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 19% over the same period. 공시 • Aug 23
Electrotherm (India) Limited to Report Q1, 2021 Results on Aug 20, 2020 Electrotherm (India) Limited announced that they will report Q1, 2021 results on Aug 20, 2020