1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Electrotherm (India) Limited

Electrotherm (India) Limited

631.90
INR
-8.40
(-1.31%)
-28.67EPS
13.98BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
666.16
1,784.11
1,829.96
1,772.77
2,301.32
3,177.78
2,524.98
1,975.9
2,220.15
2,404.96
3,343.19
3,225.65
2,894.09
2,960.39
Basic EPS, GAAP
-280.49
-416.71
-156.68
-71.64
2.33
111.69
18.98
38.97
-31.78
-9.28
249.03
346.98
-12.29
-28.64
Free Cash Flow per Basic Share
35.86
54.77
98.16
20.38
87.59
270.54
123.81
144.88
109.34
70.32
221.89
188.04
198.34
- -
Dividend per Share
- -
- -
- -
0.01
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-508.92
-925.07
-1,172.03
-986.81
-1,069.14
-958.95
-857.99
-818.01
-849.39
-860.26
-612.99
-124.6
-120.76
- -
Tangible Book Value per Share
-575.42
-990.98
-1,204.11
-1,015.78
-1,098.09
-989.18
-890.67
-850.71
-881.71
-863.17
-615.14
-126.13
-121.72
- -
Basic Weighted Avg Shares
11
11
11
13
13
13
13
13
13
13
13
13
13
13
Sales/Revenue/Turnover
7,645
20,475
21,007
22,585
29,227
40,358
32,067
25,094
28,196
30,639
42,602
41,104
36,879
37,714
Operating Margin (%)
-37.9
-18.19
-8.86
-3.9
0.59
4.2
-0.13
4.15
0.01
2.79
8.8
9.54
0.3
-1.05
Depreciation Expense
716
1,593
1,544
1,485
1,493
1,428
1,342
1,206
879
492
467
444
433
438
Net Income, GAAP
-3,219
-4,782
-1,799
-913
30
1,419
241
495
-404
-118
3,173
4,422
-157
-365
Effective Tax Rate (%)
- -
- -
- -
- -
1
0.06
0.08
0.02
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-42.11
-23.36
-8.56
-4.04
0.1
3.51
0.75
1.97
-1.43
-0.39
7.45
10.76
-0.42
-0.97
Working Capital
-22,051
-13,217
-9,300
-6,246
-8,526
-8,219
-7,156
-8,797
-14,954
-15,440
-8,890
-5,746
-10,041
- -
LT Debt
555
12,884
17,333
18,277
16,074
14,432
12,727
10,130
3,632
2,451
6,066
3,552
16
- -
Total Equity
-5,763
-10,555
-13,104
-12,514
-13,624
-12,220
-10,933
-10,424
-10,824
-10,962
-7,811
-1,588
-1,539
- -
Return on Invested Capital (%)
- -
- -
- -
- -
0.28
48.74
8.78
17.12
- -
- -
44.92
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
0.63
40.42
14.49
14.58
- -
- -
40.07
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
10,619
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
16
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
11,208
7,074
13,979

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
11,224
- -
Cash, Cash Equivalents & STI
- -
569
- -
Accounts Receivable, Net
- -
2,591
- -
Inventories
- -
5,710
- -
Total Current Liabilities
- -
21,264
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
10,619
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-12.75%
-21.28%
-3.09%
Free Cash Flow
56.89%
29.16%
5.48%
Net Income, GAAP
146.09%
-620.23%
-103.54%
Sales/Revenue/Turnover
7.9%
9.25%
-10.28%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
10,594
8,137
10,812
11,611
41,104
2026
8,341
8,143
9,038
11,400
36,879
2027
9,134
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
85.43
46.68
69.34
145.6
346.98
2026
21.78
-16.97
-27.8
10.7
-12.29
2027
5.44
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Nita Harish Mukati
Full Time Employees
2,824
Sector
Non-energy minerals
Industry
Steel
Address
Survey No. 72 Ahmedabad GU India 382115
IPO Date
Aug 20, 2007
Website
electrotherm.com
Similar Companies
Tata Steel Limited (NSE:TATASTEEL)
JSW Steel Limited (NSE:JSWSTEEL)
Eregli Demir Ve Celik Fabrikalari T.A.S. (BIST:EREGL)
Steel Authority of India Limited (NSE:SAIL)
Kardemir Karabiik Demir celik Sanayi ve Ticaret A.S. Class D (BIST:KRDMD)
Severstal (MOEX:CHMF)
Business
Electrotherm (India) Limited engages in the development, production, and distribution of diverse industrial equipment and materials, along with providing specialized services, serving clients both domestically within India and across global markets. Their extensive offerings include advanced induction melting and heating systems, casting machinery, power transformers, as well as various steel products like sponge iron, pig iron, billets, bars, ingots, and ductile iron pipes. The company also supplies transmission line towers, components for power sub-stations and solar installations, and battery-powered transportation solutions. Operations are organized into distinct divisions: Engineering & Technology, focusing on industrial solutions; Special Steel, managing their extensive steel production; Electric Vehicles, dedicated to sustainable mobility; and a miscellaneous 'Others' segment. Within the Engineering & Technology division, they engineer and produce induction melting units, metal refining converters, continuous casting equipment, and induction heating and hardening apparatus for thermal processing applications. The firm additionally supplies processed steel items such as specific cut and bent or epoxy-coated TMT bars, alongside other refined steel products. Their electric vehicle portfolio includes two-wheelers, while their renewable energy activities encompass solar photovoltaic modules and comprehensive rooftop and ground-mounted solar power systems for industrial and commercial clients. Established in 1983, Electrotherm (India) Limited maintains its principal office in Ahmedabad, India, having recently updated its registered office address in November 2025. The company boasts a significant presence, holding over 65% of the market share for induction melting equipment in India's steel industry.