Ecoboard Industries Limited manufactures and sells laminated EcoBoard boards in India.
+ 1 more risk
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.
7 Day Return
1 Year Return
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.
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
Is Ecoboard Industries 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: 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).
How is Ecoboard Industries 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 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.
- 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.
- Ecoboard Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Ecoboard Industries performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ramakrishna Guttumukkala (63yo)
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.
|Chairman & MD||8.92yrs||₹1.96m||13.89% ₹9.1m|
|CFO & Whole Time Director||8.25yrs||₹1.83m||4.99% ₹3.3m|
|Executive Director of Administration & Executive Director||5.33yrs||no data||6.56% ₹4.3m|
|Independent Non Executive Director||28yrs||₹10.00k||no data|
|Independent Director||4.67yrs||₹10.00k||no data|
|Independent Director||4.67yrs||₹5.00k||no data|
Experienced Board: 523732's board of directors are considered experienced (5.3 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.
Ecoboard Industries Limited's company bio, employee growth, exchange listings and data sources
- 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
- Ecoboard Industries Limited
- Akarshak Building
- 65/1A, Ecohouse
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|523732||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 1996|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/11 12:47|
|End of Day Share Price||2020/07/10 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.