BSE:523732

Stock Analysis Report

Ecoboard Industries

Executive Summary

Ecoboard Industries Limited manufactures and sells laminated particle boards in India.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Risks

  • Ecoboard Industries is not covered by any analysts.

Share Price & News

How has Ecoboard Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

BSE:523732

2.9%

IN Forestry

-0.7%

IN Market


1 Year Return

-20.3%

BSE:523732

-35.9%

IN Forestry

-12.1%

IN Market

523732 outperformed the Forestry industry which returned -35.9% over the past year.

523732 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

523732IndustryMarket
7 Day0%2.9%-0.7%
30 Day-2.4%-3.0%-4.6%
90 Dayn/a-8.1%-4.3%
1 Year-20.3%-20.3%-35.1%-35.9%-10.3%-12.1%
3 Year-47.4%-47.4%-2.8%-5.3%18.9%12.8%
5 Year-54.4%-54.4%80.8%73.2%37.6%24.7%

Price Volatility Vs. Market

How volatile is Ecoboard Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ecoboard Industries undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether Ecoboard Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Ecoboard Industries has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 523732’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Ecoboard Industries regulatory filings.
  • Explore potentially undervalued companies in the materials industry.

Future Growth

How is Ecoboard Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.6%

Forecasted Forestry 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 Ecoboard Industries 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.


Next Steps

Past Performance

How has Ecoboard Industries performed over the past 5 years?

-6.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Ecoboard Industries does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Ecoboard Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Ecoboard Industries's 1-year growth to the IN Forestry industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Ecoboard Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if Ecoboard Industries has efficiently used its assets last year compared to the IN Forestry industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Ecoboard Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Ecoboard Industries's financial position?


Financial Position Analysis

Ecoboard Industries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Ecoboard Industries's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Ecoboard Industries has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Ecoboard Industries's debt level has increased considering it has negative shareholder equity.


Balance Sheet

High level of physical assets or inventory.

Ecoboard Industries has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Whilst loss making Ecoboard Industries has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Ecoboard Industries has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2% per year.


Next Steps

Dividend

What is Ecoboard Industries's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Ecoboard Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Ecoboard Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Ecoboard Industries has not reported any payouts.

Unable to verify if Ecoboard Industries's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Ecoboard Industries has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Ecoboard Industries's salary, the management and board of directors tenure and is there insider trading?

5.9yrs

Average board tenure


CEO

Gottumukkala Rama Raju (62yo)

8.0yrs

Tenure

₹1,965,600

Compensation

Mr. Gottumukkala Ramakrishna Raju has been the Managing Director at Ecoboard Industries, Ltd. since August 9, 2011 and also serves as its Executive Vice Chairman since April 1,2008. Mr. Raju has been a Dir ...


CEO Compensation Analysis

Gottumukkala Rama's remuneration is higher than average for companies of similar size in India.

Gottumukkala Rama's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

5.9yrs

Average Tenure

60yo

Average Age

The tenure for the Ecoboard Industries board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Gottumukkala Rama Raju (62yo)

    Executive Vice Chairman & MD

    • Tenure: 8.0yrs
    • Compensation: 1.97m
  • Gottumukkala Praveen Raju (35yo)

    CFO & Whole Time Director

    • Tenure: 4.0yrs
    • Compensation: 1.84m
  • Sujani Indukuri (37yo)

    Executive Director of Administration & Executive Director

    • Compensation: 1.62m
  • Tejas Dabhade

    Company Secretary & Compliance Officer


Board Members

  • Gottumukkala Rama Raju (62yo)

    Executive Vice Chairman & MD

    • Tenure: 11.3yrs
    • Compensation: 1.97m
  • Uttam Kadam (68yo)

    Independent Non Executive Director

    • Tenure: 27.1yrs
    • Compensation: 10.00k
  • Gottumukkala Praveen Raju (35yo)

    CFO & Whole Time Director

    • Tenure: 7.3yrs
    • Compensation: 1.84m
  • Sujani Indukuri (37yo)

    Executive Director of Administration & Executive Director

    • Tenure: 4.4yrs
    • Compensation: 1.62m
  • Siva Kalive (61yo)

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: 10.00k
  • P. V. V. Raju (59yo)

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: 5.00k

Company Information

Ecoboard Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ecoboard Industries Limited
  • Ticker: 523732
  • Exchange: BSE
  • Founded: 1986
  • Industry: forest products
  • Sector: materials
  • Market Cap: ₹35.664m
  • Shares outstanding: 17.83m
  • Website: Click here

Number of Employees


Location

  • Ecoboard Industries Limited
  • 65/1-A, Ecohouse
  • Akarshak Building
  • Pune
  • Maharashtra
  • 411004
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
523732BSE (Mumbai Stock Exchange)YesEquity SharesININROct 1996

Biography

Ecoboard Industries Limited manufactures and sells laminated particle boards in India. The company operates through two segments, Particle Boards and Bio Systems. It also offers waste water treatment plant ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 12:38
End of Day Share Price2019/08/09 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.