ELANTAS Beck India Limited manufactures and sells a range of specialty chemicals for the electrical insulation and construction industries primarily in India.
No risks detected for 500123 from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹3,695.05|
|52 Week High||₹1,897.00|
|52 Week Low||₹4,376.80|
|1 Month Change||0.85%|
|3 Month Change||-7.81%|
|1 Year Change||57.42%|
|3 Year Change||97.78%|
|5 Year Change||106.39%|
|Change since IPO||6,618.27%|
Recent News & Updates
|500123||IN Chemicals||IN Market|
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.
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
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
|500123 fundamental statistics|
Is 500123 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500123 income statement (TTM)|
|Cost of Revenue||₹2.97b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 02, 2021
|Earnings per share (EPS)||93.87|
|Net Profit Margin||15.64%|
How did 500123 perform over the long term?See historical performance and comparison
0.1%Current Dividend Yield
Is ELANTAS Beck India undervalued compared to its fair value and its price relative to the market?
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).
How is ELANTAS Beck India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has ELANTAS Beck India performed over the past 5 years?
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.
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.
What is ELANTAS Beck India current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Srikumar Ramakrishnan (49 yo)
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.
Experienced Management: 500123's management team is considered experienced (2.8 years average tenure).
Experienced Board: 500123's board of directors are considered experienced (6.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ELANTAS Beck India Limited's employee growth, exchange listings and data sources
- 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
- ELANTAS Beck India Limited
- 147, Mumbai-Pune Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:11|
|End of Day Share Price||2021/10/26 00:00|
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.