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Prices as of 9 Oct 2026 close · Not investment advice

Electrotherm (India) Limited

NSE: ELECTHERMIron & Steel Products

Share price

₹690.80

+1.03% close of 9 Oct 2026

Market cap ₹898 CrP/E —

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

35

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹898 Cr

P/E ratio

—

P/B ratio

-5.7

ROCE

0.5%

ROE

—

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹1,230.5052-week low ₹555.35

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales fell 3.0% over the past year. Meanwhile what it keeps of every 100 rupees of sales slipped from 0.2% to -0.1% over the last four years.

Whether it grew faster than its sector

It grew 4.2% a year against a sector median of 10.6% — 6.5 percentage points slower.

Room to re-rate, or risk of de-rating

It has no earnings, so there is no price-to-earnings to compare.

Whether growth justifies the valuation

It has no earnings to weigh the price against.

Profit growthPrice per ₹1 profitPer 1% growth
Electrotherm (India) Limited — this one———
Welspun Corp Limited119%/yr30.3×—
APL Apollo Tubes Limited23%/yr46.5×₹2.0
Shyam Metalics and Energy Limited9%/yr26.4×₹2.9
Ratnamani Metals & Tubes Limited-1%/yr39.9×—
Jindal Saw Limited14%/yr26.5×₹1.9

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Iron & Steel Products), it ranks 69 of 70 on returns, 51 of 68 on growth, 67 of 70 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 0.5% on capital, ahead of 1% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1317 crore of cash from the business, spent ₹279 crore on plant and equipment, and returned ₹1116 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 1525 arrived as cash — well above the profit, more than depreciation and interest account for, so do not count on it repeating. Its cash comes back more slowly than it used to: it went from being paid 202 days before it paid its own suppliers to paid 108 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 8 checks clear · 63%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 14 Aug 2026 · Consolidated · Unaudited

Revenue

₹913 Cr

Revenue vs last year

+9.5%

Revenue vs last quarter

-19.9%

Net profit

₹7 Cr

Profit vs last year

-75.3%

Profit vs last quarter

-50.5%

Net margin

0.8%

EPS

₹5.44

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹898 Cr
Prev close
₹690.80
52w High
₹1,277
52w Low
₹551
Enterprise value
₹1,871 Cr
Beta
0.9
Price CAGR 1y
-35.0%
Price CAGR 3y
70.0%
Price CAGR 5y
39.0%
Price CAGR 10y
15.0%

Ratios

Return on assets
-0.8%
PEG ratio
—
P/E ratio
—
P/B ratio
-5.7
EV / EBITDA
453.0
Industry P/E
24.8
ROCE
0.5%
ROCE 5y average
16.4%
ROE
—
Debt / Equity
—
Interest coverage
0.0
Dividend yield
0.0%
ROE 3y average
—
ROE last year
—

Annual P&L

Annual revenue
₹3,692 Cr
Annual profit
-₹16 Cr
Operating margin
1.2%
Net profit margin
-0.4%
EBITDA margin
1.2%
Sales growth 3y
6.3%
Sales growth 5y
8.0%
Profit growth 3y
—
Profit growth 5y
—
EPS
₹-12.3
Sales growth TTM
-3.0%
Profit growth TTM
-117.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹913 Cr
Profit latest quarter
₹7 Cr
YoY quarterly sales growth
9.5%
YoY quarterly profit growth
-75.0%
OPM latest quarter
2.5%

Balance Sheet

Book Value
—
Face Value
₹10.0
Total debt
₹1,064 Cr
Total cash
₹91 Cr
Borrowings
₹1,064 Cr
Reserves / Equity
-12.8

Cash Flow

Operating cash flow
₹351 Cr
Free cash flow
₹253 Cr
FCF yield
25.5%
Net cash flow
₹25 Cr

Shareholding

Promoter holding
29.9%
FII holding
9.3%
DII holding
0.8%
Public holding
60.1%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Welspun Corp2,704.6030.971,3450.181,047.9198.64,081.114.922.9
APL Apollo Tubes2,135.0048.259,2800.40263.110.95,606.78.431.8
Shyam Metalics1,067.3026.529,7920.42350.718.15,455.123.413.0
Jindal Saw281.9027.618,0280.7190.8-75.44,452.39.010.4
Ratnamani Metals2,524.3040.317,6930.40107.0-37.7971.6-15.617.9
Usha Martin520.2529.115,8540.72142.040.71,033.016.419.5
Godawari Power214.3117.614,4280.47222.42.71,750.532.320.5
Electrotherm(I)722.959210.006.9-75.0913.49.50.5
Median170.7223.41,0220.0014.328.3213.216.613.0

Competes with: APL Apollo Tubes Limited, Gallantt Ispat Limited, Godawari Power And Ispat limited, Jindal Saw Limited, Ratnamani Metals & Tubes Limited, Shyam Metalics and Energy Limited, Usha Martin Limited, Welspun Corp Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9319851,1371,2181,0598141,0811,1618348149041,140913
Expenses8608941,0111,0879277469741,0977828269341,115891
Material Cost717646590645799714
Change in Inventories122-703.894650-63
Purchases of Stock-in-Trade4.990.190000
Employee Cost515158625756
Other Expenses202155175182209184
Operating Profit7291126131132671076452-12-312522
OPM %7.729.211111128.279.945.556.21-1.49-3.392.152.45
Other Income0.462.130.331.730.88153.461090.771.350.398.251.51
Exceptional items (within Other Income)1070005.730
Interest22137.55181412128.188.197.184.913.853.97
Depreciation12121211111111121111111111
Profit before tax3968107104109598815334-28-46188.81
Tax %-0-0-0-0-0-0-0-2118-24-232422
Net Profit3968107104109598818628-22-35146.93
EPS in Rs3053848285476914622-17-28115.44
Diluted EPS in Rs14622-17-28115.44

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,0482,1012,2592,9274,0403,2122,5182,8313,0744,2724,1153,6923,771
Expenses2,3622,1332,1982,7793,7373,0832,2982,7452,9403,8523,7443,6493,767
Material Cost2,7242,680
Change in Inventories2830
Purchases of Stock-in-Trade560.19
Employee Cost199218
Other Expenses738721
Operating Profit-314-326114930312922086134419372434
OPM %-15-1.502.70584934.401091.200.10
Other Income3819204947-305128112
Exceptional items (within Other Income)120-3.62
Interest10145381954456760462420
Depreciation159154148149143134121884947444344
Profit before tax-481-180-9131422449-40-12317410-23-48
Tax %-0001000-00-0-8-31
Net Profit-480-180-9131422449-40-12317442-16-36
EPS in Rs-417-157-722.321111939-32-9.28249347-12-29
Diluted EPS in Rs347-12
Dividend Payout %-0-0-0-0-0-0-0-0-0-0-0-0

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
6%
5 years
8%
3 years
6%
TTM
-3%

Compounded profit growth

10 years
7%
5 years
—
3 years
—
TTM
-117%

Stock price CAGR

10 years
15%
5 years
39%
3 years
70%
1 year
-35%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111113131313131313131313
Reserves-1,085-1,265-1,379-1,375-1,235-1,106-1,055-1,095-1,109-794-172-167
Borrowings3,1973,1863,0732,8512,6162,2942,2342,0871,9861,7701,2871,064
Other Liabilities3543685126717757207057418628527901,103
Minority Interest0
Total Liabilities2,4772,3002,2192,1602,1691,9201,8971,7451,7521,8411,9182,013
Fixed Assets1,4571,3211,1181,027949825738698638613601626
CWIP2121221729282733264498138
Investments027777788888
Other Assets9989571,0731,1081,1841,0601,1241,0071,0811,1771,2121,240
Total Assets2,4772,3002,2192,1602,1691,9201,8971,7451,7521,8411,9182,013

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity725258161344181225179107351329351
Cash from Investing Activity-5-42-25-46-675-62-14-2-68-72-99
Cash from Financing Activity-46-12-52-106-262-203-104-189-103-294-303-227
Net Cash Flow21-1-19915-1758-242-11-4625
Free Cash Flow63352611126616818413990283273253

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days574649463036402225192326
Inventory Days7368867870781109691767777
Days Payable476690826072936860526065
Cash Conversion Cycle834846414143585056424038
Working Capital Days-245-165-127-113-80-87-142-202-192-81-57-108
ROCE %-20-9-41132901040320

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters313131313130303030303030
FIIs4.944.944.954.994.814.614.544.605.065.895.869.28
DIIs0.080.080.080.080.080.080.391.010.970.850.800.78
Public646464646465656464636360
No. of Shareholders9,0577,9167,4867,8068,7308,7569,2008,7039,0109,4459,6358,907

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -39.2% (₹1,135.65 → ₹690.80)Brick size ₹42.70 (fixed)Bricks 50
₹600₹800₹1,000₹1,200₹691Nov '25Jan '26Mar '26May '26Jul '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹690.80 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

1.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

228cr

2026-06-30

total loans / revolving facilities outstanding at period end, the base of loan_default_cr

986cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

973inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Electrotherm (India) Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Ferrous scrap (induction-furnace charge)
  • Pig iron
  • Sponge iron / DRI

Depends on the price of

  • Iron Ore
  • coal
  • steel

Sells to

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Iron & Steel Products
Classification
Capital Goods › Iron & Steel Products
ISIN
INE822G01016

Business segments

  • Special Steel Division · 66%
  • Engineering & Technologies Division · 33%
  • Electric Vehicle Division · 1%

Plants

  • Engineering & Technology Manufacturing Facility · Palodia (near Ahmedabad), Gujarat
  • Integrated Steel & DI Pipes Plant · Samakhiyali, Bhachau Taluka, Gujarat (Kutch district)

News impact

Big market events that reach Electrotherm (India) Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

16 Sep 2010unspecified₹2.5

Splits, bonuses & buybacks

  • daily-prices repair: 10 rows from NSE's archive (replace 2, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
11 Sep 2026RADIANT GLOBAL FUND-CLASS B PARTICIPATING SHARESBUY2,15,725₹951.83
11 Sep 20268 SQUARE CAPITALSELL2,15,725₹951.82
10 Jun 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL93,739₹1,140.63
10 Jun 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY93,739₹1,139.53
10 Jun 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL75,850₹1,139.06
10 Jun 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY75,173₹1,138.41
22 May 2026RADIANT GLOBAL FUND-CLASS B PARTICIPATING SHARESBUY65,000₹785.53
22 May 20268 SQUARE CAPITALSELL65,000₹785.46

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
11 Sep 2026Bhandari Rakesh · Promoter GroupSELL80,000—
11 Sep 2026Suraj Shailesh Bhandari · Promoter GroupBUY80,000—

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.