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ELANTAS Beck IndiaBSE:500123 Stock Report

Market Cap

₹29.3b

7D

-1.8%

1Y

57.4%

Updated

26 Oct, 2021

Data

Company Financials
500123 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

500123 Overview

ELANTAS Beck India Limited manufactures and sells a range of specialty chemicals for the electrical insulation and construction industries primarily in India.

Rewards

Earnings grew by 73.7% over the past year

Risk Analysis

No risks detected for 500123 from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for ELANTAS Beck India
Historical stock prices
Current Share Price₹3,695.05
52 Week High₹1,897.00
52 Week Low₹4,376.80
Beta0.36
1 Month Change0.85%
3 Month Change-7.81%
1 Year Change57.42%
3 Year Change97.78%
5 Year Change106.39%
Change since IPO6,618.27%

Recent News & Updates

Shareholder Returns

500123IN ChemicalsIN Market
7D-1.8%-10.1%-4.6%
1Y57.4%63.2%61.7%

Return vs Industry: 500123 underperformed the Indian Chemicals industry which returned 63.2% over the past year.

Return vs Market: 500123 underperformed the Indian Market which returned 61.7% over the past year.

Price Volatility

Is 500123's price volatile compared to industry and market?
500123 volatility
500123 Beta0.36
Industry Beta0.65
Market Beta1

Stable Share Price: 500123 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 500123's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1956181Srikumar Ramakrishnanhttps://www.elantas.com/beck-india

ELANTAS Beck India Limited manufactures and sells a range of specialty chemicals for the electrical insulation and construction industries primarily in India. It operates through two segments, Electrical Insulations and Engineering & Electronic Resins and Materials. The company offers electrical insulation systems products, including wire enamels, electrical insulating varnishes and resins, flexible electrical insulation products, and casting and potting compounds; and electronics products, such as potting compounds and thermal interface materials.

ELANTAS Beck India Fundamentals Summary

How do ELANTAS Beck India's earnings and revenue compare to its market cap?
500123 fundamental statistics
Market Cap₹29.29b
Earnings (TTM)₹744.13m
Revenue (TTM)₹4.76b

39.4x

P/E Ratio

6.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500123 income statement (TTM)
Revenue₹4.76b
Cost of Revenue₹2.97b
Gross Profit₹1.79b
Expenses₹1.04b
Earnings₹744.13m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 02, 2021

Earnings per share (EPS)93.87
Gross Margin37.56%
Net Profit Margin15.64%
Debt/Equity Ratio0.0%

How did 500123 perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

5%

Payout Ratio

Valuation

Is ELANTAS Beck India undervalued compared to its fair value and its price relative to the market?

39.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500123 (₹3695.05) is trading above our estimate of fair value (₹1161.16)

Significantly Below Fair Value: 500123 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500123 is poor value based on its PE Ratio (39.4x) compared to the Indian Chemicals industry average (18.1x).

PE vs Market: 500123 is poor value based on its PE Ratio (39.4x) compared to the Indian market (20.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500123's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500123 is overvalued based on its PB Ratio (6.3x) compared to the IN Chemicals industry average (2.3x).


Future Growth

How is ELANTAS Beck India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.5%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ELANTAS Beck India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has ELANTAS Beck India performed over the past 5 years?

1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500123 has high quality earnings.

Growing Profit Margin: 500123's current net profit margins (15.6%) are higher than last year (12.6%).


Past Earnings Growth Analysis

Earnings Trend: 500123's earnings have grown by 1.9% per year over the past 5 years.

Accelerating Growth: 500123's earnings growth over the past year (73.7%) exceeds its 5-year average (1.9% per year).

Earnings vs Industry: 500123 earnings growth over the past year (73.7%) exceeded the Chemicals industry 45.2%.


Return on Equity

High ROE: 500123's Return on Equity (15.9%) is considered low.


Financial Health

How is ELANTAS Beck India's financial position?


Financial Position Analysis

Short Term Liabilities: 500123's short term assets (₹4.1B) exceed its short term liabilities (₹919.7M).

Long Term Liabilities: 500123's short term assets (₹4.1B) exceed its long term liabilities (₹159.5M).


Debt to Equity History and Analysis

Debt Level: 500123 is debt free.

Reducing Debt: 500123 has not had any debt for past 5 years.

Debt Coverage: 500123 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 500123 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is ELANTAS Beck India current dividend yield, its reliability and sustainability?

0.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500123's dividend (0.14%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: 500123's dividend (0.14%) is low compared to the top 25% of dividend payers in the Indian market (1.42%).


Stability and Growth of Payments

Stable Dividend: 500123 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: 500123 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 500123 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500123's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Srikumar Ramakrishnan (49 yo)

2.17yrs

Tenure

₹20,301,000

Compensation

Mr. Srikumar Ramakrishnan serves as a Managing Director of ELANTAS Beck India Ltd. since August 1, 2019 and also serves as its Director. Mr. Ramakrishnan served as the President of ELANTAS Beck India Limit...


CEO Compensation Analysis

Compensation vs Market: Srikumar's total compensation ($USD270.55K) is about average for companies of similar size in the Indian market ($USD306.13K).

Compensation vs Earnings: Srikumar's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 500123's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: 500123's board of directors are considered experienced (6.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ELANTAS Beck India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: ELANTAS Beck India Limited
  • Ticker: 500123
  • Exchange: BSE
  • Founded: 1956
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: ₹29.293b
  • Shares outstanding: 7.93m
  • Website: https://www.elantas.com/beck-india

Number of Employees


Location

  • ELANTAS Beck India Limited
  • 147, Mumbai-Pune Road
  • Pimpri
  • Pune
  • Maharashtra
  • 411018
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:11
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.