BSE:523732

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Ecoboard Industries

Executive Summary

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


Snowflake Analysis

Slightly overvalued with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 523732's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-9.8%

523732

2.7%

IN Forestry

1.1%

IN Market


1 Year Return

79.0%

523732

-40.7%

IN Forestry

-6.0%

IN Market

Return vs Industry: 523732 exceeded the Indian Forestry industry which returned -40.7% over the past year.

Return vs Market: 523732 exceeded the Indian Market which returned -6% over the past year.


Shareholder returns

523732IndustryMarket
7 Day-9.8%2.7%1.1%
30 Day-12.4%8.5%6.2%
90 Dayn/a10.2%18.2%
1 Year79.0%79.0%-24.7%-40.7%-4.1%-6.0%
3 Year-29.8%-29.8%-38.6%-53.5%0.2%-4.5%
5 Year-52.1%-52.1%5.5%-23.5%24.5%14.9%

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 compared to its fair value and its price relative to the market?

0.43x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 523732 (₹3.67) is trading above our estimate of fair value (₹0.85)

Significantly Below Fair Value: 523732 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 523732 is good value based on its PE Ratio (0.4x) compared to the IN Forestry industry average (7.8x).

PE vs Market: 523732 is good value based on its PE Ratio (0.4x) compared to the Indian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 523732's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 523732 is overvalued based on its PB Ratio (1.9x) compared to the IN Forestry industry average (0.7x).


Next Steps

Future Growth

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

19.5%

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 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?

15.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 523732 has a large one-off gain of ₹203.8M impacting its December 31 2019 financial results.

Growing Profit Margin: 523732 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 523732 has become profitable over the past 5 years, growing earnings by 15.6% per year.

Accelerating Growth: 523732 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 523732 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Forestry industry (-10.5%).


Return on Equity

High ROE: Whilst 523732's Return on Equity (439.25%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Ecoboard Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 523732's short term assets (₹246.3M) do not cover its short term liabilities (₹290.8M).

Long Term Liabilities: 523732's short term assets (₹246.3M) do not cover its long term liabilities (₹303.1M).


Debt to Equity History and Analysis

Debt Level: 523732's debt to equity ratio (1120.8%) is considered high.

Reducing Debt: 523732's debt to equity ratio has increased from 136.2% to 1120.8% over the past 5 years.

Debt Coverage: 523732's debt is not well covered by operating cash flow (0.8%).

Interest Coverage: Insufficient data to determine if 523732's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 523732's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 523732's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 523732's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 523732's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 523732 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 523732'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?

5.3yrs

Average board tenure


CEO

Ramakrishna Guttumukkala (63yo)

8.92yrs

Tenure

₹1,960,800

Compensation

Mr. Ramakrishna Raju Guttumukkala has been Managing Director at Ecoboard Industries, Ltd. since August 9, 2011 and serves as its Chairman and served as its Executive Vice Chairman since April 1, 2008. He h ...


CEO Compensation Analysis

Compensation vs Market: Ramakrishna's total compensation ($USD26.09K) is below average for companies of similar size in the Indian market ($USD48.72K).

Compensation vs Earnings: Ramakrishna's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Ramakrishna Guttumukkala
Chairman & MD8.92yrs₹1.96m13.89% 9.1m
Praveen Kumar Gottumukkala
CFO & Whole Time Director8.25yrs₹1.83m4.99% 3.3m
Venkata Indukuri
Executive Director of Administration & Executive Director5.33yrsno data6.56% 4.3m
Uttam Kadam
Independent Non Executive Director28yrs₹10.00kno data
Siva Kalive
Independent Director4.67yrs₹10.00kno data
Veeravenkata Rama Penmetsa
Independent Director4.67yrs₹5.00kno data

5.3yrs

Average Tenure

61yo

Average Age

Experienced Board: 523732's board of directors are considered experienced (5.3 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

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


Key Information

  • Name: Ecoboard Industries Limited
  • Ticker: 523732
  • Exchange: BSE
  • Founded: 1991
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: ₹65.443m
  • Shares outstanding: 17.83m
  • Website: https://www.ecoboard.in

Number of Employees


Location

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

Listings

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

Biography

Ecoboard Industries Limited manufactures and sells laminated EcoBoard boards in India. Its laminated EcoBoard boards are made from agri-residues, primarily bagasse. The company also offers waste water treatment plants, which handle toxic residues spent wash and effluent of obnoxious nature from distilleries, as well as transform bio gas into fuel. It offers bio-energy, bio-CNG, and bio-manure plants for various industries, including pharmaceutical, distillery, diary, etc. The company was incorporated in 1991 and is based in Pune, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 12:47
End of Day Share Price2020/07/10 00:00
Earnings2019/12/31
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.