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Discovery themes featuring this stockBearish
3
Neutral
3
Bullish
8
Bearish
35
Neutral
3
Bullish
8
Investor Presentation
Q2 FY26
Bearish
32
Neutral
0
Bullish
0
| Symbol | Watchlist | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
4260.10 | 841 Cr | 2.99 | 2.03 | 2.35 | 11.37 | 13.06 | 57.13 | ||
164.25 | 838 Cr | 29.38 | 4.26 | 0.00 | 0.00 | 0.00 | — | ||
861.70 | 819 Cr | 16.20 | 1.70 | 0.00 | 11.33 | 12.78 | 6.17 | ||
420.95 | 803 Cr | 18.78 | 0.77 | 0.24 | 3.49 | 5.32 | 2.76 | ||
581.50 | 741 Cr | -20.18 | 0.00 | 0.00 | 7.82 | 0.50 | -1.82 | ||
104.65 | 627 Cr | 16.94 | 1.61 | 0.00 | 9.95 | 13.44 | 5.38 | ||
3.77 | 617 Cr | 51.27 | 1.29 | 0.00 | 2.64 | 4.92 | 1.35 | ||
| Median: 7 Co. | — | 420.95 | 803 Cr | 16.94 | 1.61 | 0.00 | 7.82 | 5.32 | 4.07 |
Electrotherm (India) Limited is an integrated engineering and steel-focused manufacturer producing induction melting furnaces, TMT bars, ductile iron pipes, transformers, transmission towers and electric vehicles; it also has historical wind power activity and consolidated subsidiaries and joint ventures that broaden its industrial scope across steelmaking and engineering products for domestic and international customers.
The auditor issued a qualified review due to significant non-provision of interest on NPA loan accounts: consolidated unprovided interest of approximately Rs.1,307.16 crore and standalone Rs.988.94 crore, which materially understates liabilities and retained earnings and creates a major accounting and disclosure risk for Electrotherm.
Operationally H1 revenue is ~Rs.1,648 crore (standalone/consolidated similar), but profit before tax is nominal (consolidated PBT Rs.5.27 crore for H1) while cash from operations is strong (~Rs.166 crore H1), driven by working capital movements; inventories and trade payables changed materially, indicating volatile working capital at Electrotherm.
Balance sheet stress is visible: consolidated other equity is deeply negative (other equity ~Rs.(166.78) crore, total equity negative ~Rs.(154.04) crore) with significant short‑term borrowings (consolidated short-term borrowings ~Rs.845.64 crore) and ongoing repayments, underscoring high leverage and solvency concerns for Electrotherm.
Electrotherm retains notable manufacturing depth and legacy strengths: over 300 induction furnace installations historically, large-scale steel project phases at Kutch, and discrete segment reporting for Special Steel, Engineering & Technologies and EV divisions, demonstrating a diversified product portfolio and engineering capabilities at Electrotherm.
Industrial Products
Iron & Steel Products
741 Cr
High Risk
-20.2
31.2
—
—
1,278.35
550.45
Sales CAGR
Profit CAGR
ROE
ROCE
Upcoming Result Date: Nov 03, 2026
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Electrotherm (India) Ltd (ELECTHERM) is currently trading at 578.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Electrotherm (India) Limited is an integrated engineering and steel-focused manufacturer producing induction melting furnaces, TMT bars, ductile iron pipes, transformers, transmission towers and electric vehicles; it also has historical wind power activity and consolidated subsidiaries and joint ventures that broaden its industrial scope across steelmaking and engineering products for domestic and international customers. The auditor issued a qualified review due to significant non-provision of interest on NPA loan accounts: consolidated unprovided interest of approximately Rs.1,307.16 crore and standalone Rs.988.94 crore, which materially understates liabilities and retained earnings and creates a major accounting and disclosure risk for Electrotherm. Operationally H1 revenue is ~Rs.1,648 crore (standalone/consolidated similar), but profit before tax is nominal (consolidated PBT Rs.5.27 crore for H1) while cash from operations is strong (~Rs.166 crore H1), driven by working capital movements; inventories and trade payables changed materially, indicating volatile working capital at Electrotherm. Balance sheet stress is visible: consolidated other equity is deeply negative (other equity ~Rs.(166.78) crore, total equity negative ~Rs.(154.04) crore) with significant short‑term borrowings (consolidated short-term borrowings ~Rs.845.64 crore) and ongoing repayments, underscoring high leverage and solvency concerns for Electrotherm. Electrotherm retains notable manufacturing depth and legacy strengths: over 300 induction furnace installations historically, large-scale steel project phases at Kutch, and discrete segment reporting for Special Steel, Engineering & Technologies and EV divisions, demonstrating a diversified product portfolio and engineering capabilities at Electrotherm.
Over the past 52 weeks, Electrotherm (India) Ltd has traded between a low of ₹550.45 and a high of ₹1,278.35. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Electrotherm (India) Ltd has a market capitalization of approximately 740.99. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Electrotherm (India) Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -20.18 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 740.99 Cr, Electrotherm (India) Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Electrotherm (India) Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Electrotherm (India) Ltd is -20.18. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Electrotherm disclosed ₹40 crore of overdue principal and ₹6.46 crore of overdue interest, taking the total reported default to ₹46.46 crore.
Electrotherm disclosed a provisional attachment under PMLA freezing ₹25.08 crore in company bank accounts and attaching promoter-held equity shares of Shailesh Bhandari and Mukesh Bhandari.
