Evans Electric Limited

Evans Electric Limited

BBSE:EVANS
76.99
INR
-0.01
(-0.01%)
384.16MMarket Cap
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
9.16
19.32
14.03
16.63
13.7
15.83
13.38
34.62
37.46
73.43
21.2
- -
Basic EPS, GAAP
0.76
4.31
1.18
3.02
1.95
1.06
1.5
6.67
9.24
21.9
-0.78
- -
Free Cash Flow per Basic Share
-0.65
4.8
2.44
0.78
-1.12
-0.39
1.93
10.73
6.32
0.38
4.96
- -
Dividend per Share
0.09
0.22
0.03
- -
1
0.5
0.3
0.5
1
2.38
1.5
- -
Book Value per Share
11.06
16.68
17.45
20.48
19.37
19.92
21.13
27.3
35.54
47.84
45.56
45.56
Tangible Book Value per Share
11.06
16.68
17.45
20.48
19.37
19.92
21.13
27.3
35.54
47.84
45.56
45.56
Basic Weighted Avg Shares
5
5
4
4
5
5
5
5
5
3
5
5
Sales/Revenue/Turnover
50
106
56
67
73
87
73
190
206
254
116
- -
Operating Margin (%)
11.72
31.63
8.9
22.71
18.85
9.15
16.82
25.97
30.51
36.82
-3.52
- -
Depreciation Expense
3
3
4
3
3
2
2
2
2
2
3
- -
Net Income, GAAP
4
24
5
12
10
6
8
37
51
76
-4
- -
Effective Tax Rate (%)
29.59
31.18
29.06
29.85
30.84
31.81
31.66
22.73
20.83
24.55
437.02
- -
Profit Margin (%)
8.25
22.32
8.38
18.18
14.2
6.67
11.21
19.28
24.67
29.83
-3.7
- -
Working Capital
19
40
45
50
57
57
52
35
59
102
110
110
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
6
6
Total Equity
44
67
70
82
106
109
116
150
195
263
250
250
Return on Invested Capital (%)
- -
36.74
3.99
12.06
8.69
4.46
5.94
24.1
26.25
28.51
5.11
- -
Return on Capital (%)
- -
40.8
6.79
16.1
11.05
5.41
7.16
26.93
29.13
32.87
-1.89
- -
Return on Common Equity (%)
- -
42.65
6.89
15.94
10.99
5.37
7.31
27.56
29.41
33.11
-1.68
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
- -
- -
2
LT Borrowings
- -
- -
6
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
726
906
384

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
168
168
132
Cash, Cash Equivalents & STI
20
89
73
Accounts Receivable, Net
108
27
37
Inventories
8
15
5
Total Current Liabilities
66
35
22
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
2
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.06%
19.06%
-4.78%
Free Cash Flow
36.32%
338.24%
1,972.6%
Net Income, GAAP
85.83%
73.82%
-105.69%
Sales/Revenue/Turnover
23.19%
24.15%
-54.17%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
206
2025
- -
- -
254
2026
- -
- -
116

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
9.24
2025
- -
- -
21.9
2026
- -
- -
-0.78

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1
2025
- -
- -
2.38
2026
- -
- -
1.5

Company Description

CEO
Rajesh Dattatray Dhekane
Full Time Employees
12
Sector
Consumer services
Industry
Other consumer services
Address
501/B - Wing, Raj Residency Mumbai MH India 400054
IPO Date
May 13, 2019
Business
Evans Electric Ltd. (EVANS.BO), founded in 1947 and headquartered in Palghar, India, specializes in the repair, refurbishment, maintenance, and servicing of large electro-mechanical equipment including motors, generators, and transformers for power generation, transmission, utilities, manufacturing, transport, marine, and industrial sectors in India and internationally. The company offers comprehensive services such as high voltage coil manufacturing up to 22 KV; turbo-generator stator and rotor rewinds; on-site repairs for large rotating machines; reverse engineering and custom component fabrication; diagnostic services including ELCID testing; dynamic balancing; and vibration analysis, along with redesigns, refurbishments, and replacement component manufacture covering extra high voltage insulation and equipment up to 500 MW capacity. Incorporated as a public limited company in 1951 with its registered office in Mumbai, Maharashtra, Evans Electric Ltd. operates from a 25,000 sq ft facility in Palghar featuring 50-ton lifting capacity and dedicated coil manufacturing; recent financial performance highlights include a return on equity of 28.84% for the year ended March 31, 2025, outperforming its five-year average, compounded profit growth of 46.7% CAGR over five years, and increased investing activities reflecting business expansion.