Electrotherm (India) Limited
NSE: ELECTHERM · Iron & Steel Products
Snapshot
Unlock Electrotherm (India) Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Electrotherm (India) Limited is a diversified manufacturer specialising in induction melting furnaces, steel products, and capital equipment. The company also operates in the electric vehicle sector under the Yo Bykes brand and provides solar power solutions.
Business Model
The company generates revenue through the sale of engineering equipment, steel products, electric vehicles, and infrastructure solutions. It serves both domestic and international markets across four primary business segments.
Growth Outlook
Growth is driven by the expansion of its electric vehicle portfolio and the increasing demand for industrial induction melting and steel processing equipment. The company is also leveraging its engineering expertise to provide solar PV solutions for industrial and commercial applications.
Key Risks
- Cyclicality of Steel Industry. The company's financial performance is highly sensitive to fluctuations in global steel prices and industrial demand.
- Regulatory Risk in EV Sector. Changes in government subsidies and safety regulations for electric vehicles could impact the adoption and profitability of the Yo Bykes brand.
- Input Cost Volatility. Rising costs of raw materials, such as pig iron and energy, can significantly compress operating margins.
- Competitive Intensity. The engineering and capital equipment market faces intense competition from both domestic and international players, pressuring pricing power.
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Key Metrics
REVENUE
₹3,771 Cr
TTM · consolidated
NET PROFIT
₹-36 Cr
TTM · consolidated
EPS
₹-28.63
TTM · consolidated
RETURN ON EQUITY
23.3%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
-50.2%
TTM · consolidated
P/E
-34.3x
Q1 FY27 · consolidated
EV/EBITDA
229.9x
Q1 FY27 · consolidated
EBITDA MARGIN
0.3%
TTM · consolidated
NET PROFIT MARGIN
0.8%
Q1 FY27 · consolidated
DEBT TO EQUITY
-6.9x
Q1 FY27 · consolidated
Peers · Iron & Steel Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Electrotherm (India) LimitedELECTHERM | ₹1,250 Cr | -34.26 | 229.92 | -3.0% | 0.3% | 23.3% | -50.2% | +18.4% |
Manaksia Coated Metals & Industries LimitedMANAKCOAT | ₹1,289 Cr | 29.14 | 15.14 | 7.1% | 10.3% | 14.2% | 21.8% | -18.6% |
Bharat Wire Ropes LimitedBHARATWIRE | ₹1,244 Cr | 17.99 | 10.35 | -7.7% | 22.0% | 8.9% | 11.5% | +3.3% |
Cosmic CRFCOSMICCRF | ₹1,199 Cr | — | — | — | 11.0% | — | — | +0.2% |
BMW IndustriesBMW | ₹1,147 Cr | — | — | 2.1% | 26.1% | 11.4% | 14.4% | +3.6% |
India HomesINDIAHOMES | ₹1,143 Cr | 41.03 | 37.84 | 244900.0% | 133.1% | 89.9% | 37.8% | — |
As of Q1 FY27
Financials
Electrotherm (India) Limited
NSE: ELECTHERM · Iron & Steel Products
Snapshot
Unlock Electrotherm (India) Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Electrotherm (India) Limited is a diversified manufacturer specialising in induction melting furnaces, steel products, and capital equipment. The company also operates in the electric vehicle sector under the Yo Bykes brand and provides solar power solutions.
Business Model
The company generates revenue through the sale of engineering equipment, steel products, electric vehicles, and infrastructure solutions. It serves both domestic and international markets across four primary business segments.
Growth Outlook
Growth is driven by the expansion of its electric vehicle portfolio and the increasing demand for industrial induction melting and steel processing equipment. The company is also leveraging its engineering expertise to provide solar PV solutions for industrial and commercial applications.
Key Risks
- Cyclicality of Steel Industry. The company's financial performance is highly sensitive to fluctuations in global steel prices and industrial demand.
- Regulatory Risk in EV Sector. Changes in government subsidies and safety regulations for electric vehicles could impact the adoption and profitability of the Yo Bykes brand.
- Input Cost Volatility. Rising costs of raw materials, such as pig iron and energy, can significantly compress operating margins.
- Competitive Intensity. The engineering and capital equipment market faces intense competition from both domestic and international players, pressuring pricing power.
Start your research today
Unlock AI insights, financials, peers and live data on Electrotherm (India) Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹3,771 Cr
TTM · consolidated
NET PROFIT
₹-36 Cr
TTM · consolidated
EPS
₹-28.63
TTM · consolidated
RETURN ON EQUITY
23.3%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
-50.2%
TTM · consolidated
P/E
-34.3x
Q1 FY27 · consolidated
EV/EBITDA
229.9x
Q1 FY27 · consolidated
EBITDA MARGIN
0.3%
TTM · consolidated
NET PROFIT MARGIN
0.8%
Q1 FY27 · consolidated
DEBT TO EQUITY
-6.9x
Q1 FY27 · consolidated
Peers · Iron & Steel Products
As of Q1 FY27