Stocks - Q : Quality | V : Valuation | PT : Price Trend
Funds - P : Performance | Q : Quality
Funds - P : Performance | Q : Quality
BSE: 513452 | NSE: | Steel/Sponge Iron/Pig Iron | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Elango Industries Ltd is a below average quality company.
The key valuation ratios of Elango Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Elango Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation Index Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -16.5% | 13.5% | 4.6% | -1.5% | -4.8% | 0.8% | 1.2% | -10.1% | -3.5% | -3.4% | - |
| Value Creation Index ⓘ | -2.2 | 0.0 | -0.7 | -1.1 | -1.3 | -0.9 | -0.9 | -1.7 | -1.3 | -1.2 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 0 | 0.3 | 0.5 | 0.5 | 0.2 | 0.2 | 0.3 | 0.6 | 0 | 2.6 | 1 |
| Sales YoY Gr. | - | NA | 65.5% | 6.3% | -60.8% | -25% | 66.7% | 120% | -100% | NA | - |
| Adj EPS ⓘ | -2 | 1.6 | 0.5 | -0.2 | -0.6 | 0.1 | 0.1 | -1.1 | -0.4 | -0.4 | -0.7 |
| YoY Gr. | - | NA | -69.9% | -140.4% | NA | NA | 10% | -1127.3% | NA | NA | - |
| BVPS (₹) ⓘ | 10.8 | 12.4 | 12.9 | 12.7 | 12.1 | 12.2 | 12.4 | 11.2 | 10.8 | 10.4 | 10 |
| Adj Net Profit ⓘ | -0.8 | 0.6 | 0.2 | -0.1 | -0.2 | 0 | 0 | -0.4 | -0.2 | -0.1 | 0 |
| Cash Flow from Ops. ⓘ | -0.2 | 0.6 | 3.8 | -0.6 | -3.2 | 0 | 0.1 | 2.8 | -1.1 | -1.6 | - |
| Debt/CF from Ops. ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | 66.8% | 117.7% | NA | ||||
| Adj EPS ⓘ | NA | NA | -251.2% | NA | ||||
| BVPSⓘ | -0.4% | -2.9% | -5.6% | -3.5% | ||||
| Share Price | 15.1% | 27.1% | 2.8% | 12.9% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -16.5 | 13.5 | 3.7 | -1.5 | -4.8 | 0.8 | 0.9 | -9.6 | -3.6 | -3.6 | -6.4 |
| Op. Profit Mgn % ⓘ | 0 | -4 | 44.6 | -16.8 | -113.4 | 22.4 | -23 | -92.5 | -9394.7 | -4.8 | -12.2 |
| Net Profit Mgn % ⓘ | 0 | 208.5 | 37.5 | -14.1 | -113.4 | 25.3 | 17 | -78.7 | -7931.6 | -5.6 | -26.1 |
| Debt to Equity ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| Working Cap Days ⓘ | 0 | 3,754 | 2,240 | 1,021 | 5,806 | 11,308 | 6,832 | 2,062 | 6,02,605 | 663 | 77,726 |
| Cash Conv. Cycle ⓘ | 0 | -50 | -46 | 142 | 1,117 | 1,566 | 520 | 1 | 151 | -1 | 57,251 |
Sales growth is growing at healthy rate in last 3 years 117.72%
Return on Equity is Poor
Sales growth is not so good in last 4 quarters at -14.87%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -0.7 | - |
| TTM Sales (₹ Cr.) | 1 | - |
| BVPS (₹.) ⓘ | 10 | - |
| Reserves (₹ Cr.) ⓘ | - | - |
| P/BV ⓘ | 1.13 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 8.52 / 14.29 |
| All Time Low / High (₹) | 0.91 / 50.00 |
| Market Cap (₹ Cr.) | 4.3 |
| Equity (₹ Cr.) | 3.8 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 24.1 |
| Mar'24 | YoY Gr. Rt. % | Jun'24 | YoY Gr. Rt. % | Sep'24 | YoY Gr. Rt. % | Dec'24 | YoY Gr. Rt. % | |
|---|---|---|---|---|---|---|---|---|
| Sales (₹ Cr.)ⓘ | 0 | N/A | 0 | -97.9 | 0 | N/A | 0.9 | 38.5 |
| Adj EPS (₹) ⓘ | -0.2 | N/A | -0.3 | -2600 | -0.1 | N/A | -0.1 | N/A |
| Op. Profit Mgn % ⓘ | -3900.00 | -160000 bps | -211.63 | -21194 bps | -1300.00 | 40000 bps | -3.32 | -102 bps |
| Net Profit Mgn % ⓘ | -4250.00 | -270000 bps | -223.26 | -22347 bps | -1550.00 | 50000 bps | -3.88 | -50 bps |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Company Name | CMP(₹) | |||||||
|---|---|---|---|---|---|---|---|---|
| Jai Balaji Inds | 122.9 | 3.2 (2.6%) | Small Cap | 6,414 | 8.3 | 13.9 | 14.5 | 5.3 |
| Steel Exchange India | 8.5 | 0.3 (3.3%) | Small Cap | 1,086 | 0.3 | 1 | 24.1 | 2.1 |
| KIC Metalik | 32.1 | -0.2 (-0.6%) | Small Cap | 854 | -0.9 | 0.3 | - | 0.6 |
| SAL Steels | 19.7 | 0.2 (0.8%) | Small Cap | 577 | 0.3 | 0.1 | 74 | 4 |
| Vaswani Industries | 42 | -1.6 (-3.7%) | Small Cap | 389 | 3.1 | 2.3 | 14.1 | 1.1 |
| Suraj Products | 383.3 | -13.7 (-3.4%) | Small Cap | 345 | 20.2 | 8.4 | 19.7 | 3.1 |
| Bihar Sponge Iron | 12.6 | -0.3 (-2%) | Small Cap | 267 | 1.3 | 2.8 | 10.1 | -1.1 |
| Chennai Ferrous | 113.4 | -1.8 (-1.6%) | Small Cap | 136 | 12 | 2 | 9.6 | 1.6 |
| Elango Inds | 11.8 | 0.6 (5%) | Small Cap | 2.6 | -0.7 | -5.6 | - | 1.1 |
| Ashirwad Steels &Ind | 33.1 | 0.1 (0.3%) | Small Cap | 1.6 | 2 | 142.3 | 16.6 | 0.5 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0.29 | 0.48 | 0.51 | 0.20 | 0.15 | 0.25 | 0.55 | 0 | 2.58 |
| Operating Expenses ⓘ | 0.75 | 0.30 | 0.27 | 0.60 | 0.43 | 0.12 | 0.31 | 1.08 | 0.18 | 2.70 |
| Manufacturing Costs | 0 | 0 | 0 | 0.23 | 0.19 | 0 | 0.11 | 0.10 | 0 | 0 |
| Material Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.47 |
| Employee Cost | 0.17 | 0.18 | 0.19 | 0.19 | 0.10 | 0.03 | 0.03 | 0.17 | 0.05 | 0.09 |
| Other Costs ⓘ | 0.58 | 0.12 | 0.07 | 0.18 | 0.13 | 0.09 | 0.17 | 0.81 | 0.13 | 0.14 |
| Operating Profit ⓘ | -0.75 | -0.01 | 0.21 | -0.09 | -0.23 | 0.03 | -0.06 | -0.53 | -0.18 | -0.12 |
| Operating Profit Margin (%) | - | -4.0% | 44.6% | -16.8% | -113.0% | 22.4% | -23.0% | -97.0% | -9,394.7% | -4.8% |
| Other Income ⓘ | 0 | 0.61 | 0.01 | 0.01 | 0 | 0 | 0.11 | 0.11 | 0.05 | 0.01 |
| Interest ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.02 | 0.02 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -0.75 | 0.60 | 0.22 | -0.07 | -0.23 | 0.04 | 0.05 | -0.45 | -0.15 | -0.14 |
| Tax ⓘ | 0 | 0 | 0.04 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0.01 |
| Profit After Tax | -0.75 | 0.60 | 0.18 | -0.07 | -0.23 | 0.04 | 0.04 | -0.45 | -0.15 | -0.14 |
| PAT Margin (%) | - | 208.9% | 37.5% | -14.1% | -113.0% | 25.3% | 17.0% | -81.9% | -7,931.6% | -5.6% |
| Adjusted EPS (₹) | -2.0 | 1.6 | 0.5 | -0.2 | -0.6 | 0.1 | 0.1 | -1.2 | -0.4 | -0.4 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 4.13 | 4.73 | 4.91 | 4.84 | 4.61 | 4.65 | 4.73 | 4.28 | 4.13 | 3.99 |
| Share Capital ⓘ | 3.82 | 3.82 | 3.82 | 3.82 | 3.82 | 3.82 | 3.82 | 3.82 | 3.82 | 3.82 |
| Reserves ⓘ | 0.31 | 0.91 | 1.09 | 1.02 | 0.79 | 0.83 | 0.91 | 0.46 | 0.31 | 0.17 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 0.02 | 0.05 | 0.02 | 0.11 | 0.02 | 0.02 | 0.05 | 0.01 | 0.01 | 0.01 |
| Others Liabilities ⓘ | 0.03 | 0.02 | 0.06 | 0.02 | 0.02 | 0.02 | 0.05 | 0.06 | 2.40 | 0.73 |
| Total Liabilities ⓘ | 4.19 | 4.80 | 4.98 | 4.97 | 4.65 | 4.69 | 4.83 | 4.35 | 6.54 | 4.73 |
Fixed Assets | ||||||||||
| Gross Block | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | 0.06 | 0.20 | 0.20 |
| Accumulated Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.06 | 0.08 |
| Net Fixed Assetsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | 0.03 | 0.14 | 0.12 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 3.06 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Receivables | 0 | 0.03 | 0 | 0.55 | 0.76 | 0.76 | 0.08 | 0 | 0 | 0 |
| Cash Equivalents | 0 | 0 | 3.84 | 3.21 | 0 | 0 | 0.05 | 2.82 | 1.63 | 0 |
| Others Assetsⓘ | 1.12 | 4.74 | 1.12 | 1.19 | 3.87 | 3.90 | 4.61 | 1.51 | 4.76 | 4.61 |
| Total Assets ⓘ | 4.19 | 4.80 | 4.98 | 4.97 | 4.65 | 4.69 | 4.83 | 4.35 | 6.54 | 4.73 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -0.21 | 0.58 | 3.83 | -0.63 | -3.21 | 0 | 0.11 | 2.76 | -1.05 | -1.63 |
| PBT ⓘ | -0.75 | 0.60 | 0.22 | -0.07 | -0.23 | 0.04 | 0.05 | -0.42 | -0.12 | -0.12 |
| Adjustment ⓘ | 0.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in Working Capital ⓘ | 0.11 | -0.02 | 3.62 | -0.51 | -2.96 | -0.04 | 0.06 | 3.18 | -0.92 | -1.51 |
| Tax Paid ⓘ | 0 | 0 | 0 | -0.05 | -0.02 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | 0 | -3.62 | 0 | 0 | 0 | 0 | -0.06 | 0 | -0.14 | 0 |
| Capex | 0 | 0 | 0 | 0 | 0 | 0 | -0.06 | 0 | -0.14 | 0 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | -3.62 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 0 | 3.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 3.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | -0.21 | 0 | 3.83 | -0.63 | -3.21 | 0 | 0.05 | 2.76 | -1.19 | -1.63 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -16.47 | 13.52 | 3.74 | -1.47 | -4.8 | 0.82 | 0.91 | -9.98 | -3.58 | -3.57 |
| ROCE (%) | -16.45 | 13.5 | 4.62 | -1.47 | -4.8 | 0.82 | 1.17 | -10.07 | -3.48 | -3.39 |
| Asset Turnover Ratio | 0 | 0.06 | 0.1 | 0.1 | 0.04 | 0.03 | 0.05 | 0.12 | 0 | 0.46 |
| PAT to CFO Conversion(x) | N/A | 0.97 | 21.28 | N/A | N/A | 0 | 2.75 | N/A | N/A | N/A |
| Working Capital Days | ||||||||||
| Receivable Days | 0 | 41 | 0 | 392 | 1,196 | 1,857 | 618 | 0 | 365 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Elango Industries was incorporated in the year 1989. The registered office of the company is located at Chennai.
The company has put up a gas-based power plant with capacity to generate 21 MW. The power that would be generated will be sold to other industries.
The main area of the business:- The company was manufacturer and marketer of steel bars and ingots from the year 1991 to 2003. It decided to enter into power sector through its investment in Kaveri Gas Power, an SPV, in the year 2005.
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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