Ecos (India) Mobility & Hospitality Ltd - Stock Valuation and Financial Performance

BSE: 544239 | NSE: ECOSMOBLTY | Business Support | Small Cap

Ecos India Mob Hosp. Share Price

507.65 7.35 1.47%
as on 20-Sep'24 16:01

DeciZen - make an informed investing decision on Ecos India Mob Hosp.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Ecos (India) Mobility & Hospitality stock performance -

mw4me loader
P/E Ratio (SA):
344.74
Market Cap:
3,045.9 Cr.
52-wk low:
380.1
52-wk high:
593

Is Ecos (India) Mobility & Hospitality Ltd an attractive stock to invest in?

1. Is Ecos (India) Mobility & Hospitality Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ecos (India) Mobility & Hospitality Ltd is a below average quality company.

2. Is Ecos (India) Mobility & Hospitality Ltd undervalued or overvalued?

The key valuation ratios of Ecos (India) Mobility & Hospitality Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Ecos (India) Mobility & Hospitality Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ecos (India) Mobility & Hospitality Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Ecos India Mob Hosp.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ecos (India) Mobility & Hospitality Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'22TTM
ROCE % 16.9%-
Value Creation
Index
0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 143143
Sales YoY Gr.--
Adj EPS 1.41.5
YoY Gr.--
BVPS (₹) 12.10
Adj Net
Profit
8.59
Cash Flow from Ops. 19.4-
Debt/CF from Ops. 0.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANANA
Adj EPS NANANANA
BVPSNANANANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'22TTM
Return on
Equity %
11.624.2
Op. Profit
Mgn %
10.8NAN
Net Profit
Mgn %
5.96.2
Debt to
Equity
0.1-
Working Cap
Days
00
Cash Conv.
Cycle
00

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 24.20%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Ecos (India) Mobility & Hospitality Ltd.

Standalone Consolidated
TTM EPS (₹) 1.5 10.4
TTM Sales (₹ Cr.) 143 554
BVPS (₹.) 0 129.2
Reserves (₹ Cr.) 670 763
P/BV 0.00 3.93
PE 344.74 48.71
From the Market
52 Week Low / High (₹) 380.10 / 592.95
All Time Low / High (₹) 380.10 / 592.95
Market Cap (₹ Cr.) 3,046
Equity (₹ Cr.) 12
Face Value (₹) 2
Industry PE 49.8

Management X-Ray of Ecos India Mob Hosp.:

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Event Update

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Analyst's Notes

Key Ratios of Ecos India Mob Hosp.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22
Sales143
Operating Expenses 128
Manufacturing Costs3
Material Costs0
Employee Cost 21
Other Costs 104
Operating Profit 15
Operating Profit Margin (%) 10.8%
Other Income 5
Interest 1
Depreciation 7
Exceptional Items 0
Profit Before Tax 12
Tax 3
Profit After Tax 9
PAT Margin (%) 6.2%
Adjusted EPS (₹)1.5
Dividend Payout Ratio (%)0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22

Equity and Liabilities

Shareholders Fund 73
Share Capital 0
Reserves 73
Minority Interest0
Debt0
Long Term Debt0
Short Term Debt0
Trade Payables21
Others Liabilities 18
Total Liabilities 112

Fixed Assets

Gross Block19
Accumulated Depreciation7
Net Fixed Assets12
CWIP 0
Investments 30
Inventories0
Trade Receivables20
Cash Equivalents 8
Others Assets42
Total Assets 112

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22
Cash Flow From Operating Activity 19
PBT 12
Adjustment 5
Changes in Working Capital -0
Tax Paid 3
Cash Flow From Investing Activity -6
Capex 0
Net Investments -8
Others 3
Cash Flow From Financing Activity -13
Net Proceeds from Shares 0
Net Proceeds from Borrowing -3
Interest Paid -1
Dividend Paid 0
Others -8
Net Cash Flow 1
PARTICULARSMar'22
Ratios
ROE (%)12.14
ROCE (%)16.9
Asset Turnover Ratio1.28
PAT to CFO Conversion(x)2.11
Working Capital Days
Receivable Days52
Inventory Days0
Payable Days0

Ecos (India) Mobility & Hospitality Ltd Stock News

Ecos (India) Mobility & Hospitality Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ecos India Mob Hosp. on 20-Sep-2024 16:01 is ₹507.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Sep-2024 16:01 the market cap of Ecos India Mob Hosp. stood at ₹3,045.9.
The latest P/E ratio of Ecos India Mob Hosp. as of 20-Sep-2024 16:01 is 344.7.
The latest P/B ratio of Ecos India Mob Hosp. as of 20-Sep-2024 16:01 is 0.00.
The 52-week high of Ecos India Mob Hosp. is ₹593.0 and the 52-week low is ₹380.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ecos India Mob Hosp. is ₹143.4 ( Cr.) .

About Ecos (India) Mobility & Hospitality Ltd

ECOS (India) Mobility & Hospitality Limited was originally incorporated as ‘ET TRAV-AIDES Private Limited’ as a private limited company under the Companies Act, 1956 through certificate of incorporation dated February 15, 1996, issued by the RoC. Thereafter, the name of the Company was changed to ‘Ecos (India) Mobility & Hospitality Private Limited’ pursuantto a Board resolution dated August 08, 2008 and a special resolution passed in the general meeting of the Shareholders held on August 12, 2008 and consequently a fresh certificate of incorporation dated September 23, 2008 was issued by the RoC to reflect the change in name. Thereafter, the name of the company was changed to ‘Ecos (India) Mobility & Hospitality Limited’ upon conversion to a public limited company pursuant to a Board resolution dated February 29, 2024 and resolution passed in the extra-ordinary general meeting of the Shareholders held on February 29, 2024 and consequently a fresh certificate of incorporation dated March 22, 2024, was issued by the RoC.

The company is primarily engaged in the business of providing chauffeured car rentals (CCR) and employee transportation services (ETS) and has been providing these services to corporate customers. The CCR segment is a B2B2C business, where its customers are corporate companies, and the end consumer is an employee, client, guest or visitor of these corporate companies. The company’s operations in many cities in India are conducted through vendors. The company addresses the global car rental requirements of its corporate customers, through its global network of vendors with its capability of providing CCR services in many countries. It also provides cars of self-drive basis in the cities of Delhi, Gurugram, Mumbai and Bengaluru. It has also provided self-drive cars outside India through vendors.

IT also provides specialty vehicles such as luggage vans, limousines, vintage cars and vehicles for accessible transportation for people with disabilities. It has increased its focus on premium vehicles due to increasing customer preference for premium vehicles. The company operates its fleet of vehicles on an asset light model, where it strives to keep the number of the vehicles which it owns in its fleet significantly lower than the vehicles which are sourced from its vendors. The company’s customers benefit from its dual offerings of CCR and ETS, as these segments together provide a comprehensive solution for their corporate transportation requirements. 

Business area of the company

The company is primarily engaged in the business of providing chauffeured car rentals (CCR) and employee transportation services (ETS) and has been providing these services to corporate customers. The CCR segment is a B2B2C business, where its customers are corporate companies, and the end consumer is an employee, client, guest or visitor of these corporate companies.

Services of the company

  • Chauffeured car rentals 
  • Employee transportation services

Awards, accreditations, certifications and recognitions

  • 2012: Winner of the 8th hospitality India & explore the world annual international awards in association with Egypt, Turkey & Kuwait tourism.
  • 2013: Winner of the 9th hospitality India & explore the world annual international award.
  • 2013: Winner of the National Tourism Award conferred by the Government of India, Ministry of Tourism in the category of Tourist Transport Operator (Category I).
  • 2013: Became a member of the Indian Tourist Transporters Association.
  • 2014: Winner of Best Luxury Ground Transportation company with Pan India Presence at the Hospitality India & Explore the World Annual International Awards in association with China Tourism.
  • 2014: Winner of the National Tourism Award conferred by the Government of India, Ministry of Tourism in the category of Tourist Transport Operator (Category I).
  • 2015: Winner of the National Tourism Award conferred by the Government of India, Ministry of Tourism in the category of Tourist Transport Operator (Category I).
  • 2016: Winner of the National Tourism Award conferred by the Government of India, Ministry of Tourism in the category of Tourist Transport Operator (Category I).
  • 2017: Winner of Dun & Bradstreet Award-SME Business Excellence in the Transport, Tourism and Hospitality category. 
  • 2018: Winner of the Best luxury ground handler award presented by Today’s Traveller Award.
  • 2019: Prawaas Excellence Award for Best Employee Taxi Operation (North India).
  • 2019: Special recognition accorded by Dun & Bradstreet at their 10th annual SME Business Excellence award.
  • 2019: Winner of the socially responsible ground travel Company of the year presented by Pratigya, an initiative by Brands Impact.
  • 2021: Winner of the Workplace Partner Conference & Awards in the category of Best Employee Transportation Company by presented by the Infrastructure, Facility, Human Resource & Realty Association.
  • 2022: Winner of the ‘Leader of the Road Transport-Commercial Passenger Vehicle’ award at the TV9 network Leaders of the Road Transport Awards, 2022.
  • 2023: Winner of the Service Provider of the Year award presented by Economic Time at their 2ndTravel & Tourism Annual Award.
  • 2023: Certificate of appreciation presented in recognition of the outstanding support provided during Secretary of State Blinken’s visit for the G-20 Foreign ministers summit and raising dialogue in March, 2023.
  • 2024: Luxury Car Tourist Transport Operator of the Year from Satte Awards.
  • 2024: Valuable contribution as Mobility Partner awarded at the 13th Indian Exhibition Industry Association.
  • 2024: Best Fleet Management Excellence Award at the 2nd edition of the Business world Facility Management Awards 2024.
  • 2024: Winner of the Excellence in Travel Services award at the Exhibition Excellence Awards 2024.

History and milestones 

  • 1996: Incorporated in Delhi on February 15, 1996. 
  • 1996: Commenced operations with a focus on serving Corporates.
  • 2001: Acquired the contract to provide transportation services to a prestigious NCR hotel
  • 2006: Honoured to be included on the panel of transporter of MEA, Govt of India, to provide ground transport services to the VVIP delegations visiting India.
  • 2008: Designed and developed exclusive software for business operations. 
  • 2010: Opened Noida branch office. 
  • 2011: Acquired first pan India client, a Fortune 500 company.
  • 2012: Initiated the establishment of a vendor network across India to serve clients Open Branch Offices in Bangalore, Mumbai, Pune.
  • 2013: Opened branch offices in Chennai and Hyderabad. 
  • 2014: Opened Jaipur branch office.
  • 2015: Crossed Rs 1,000.00 million of revenue marks for the first time. 
  • 2016: Established GIS related services for trip monitoring using GPS Opened branch offices in Kolkata, Ahmedabad.
  • 2017: Launched online booking tool and integrated APIs to digitize reservations Crossed Rs 2,000.00 million of revenue mark for the first time Open Branch in Lucknow.
  • 2018: Opened branch office in Coimbatore.
  • 2019: Expanded its network outside India Launched the ‘Eco Driver’ application.
  • 2020: Crossed Rs 4,000.00 million of revenue marks for the first time. 
  • 2021: Launched the ‘Eco Rent A Car’ application.
  • 2023: Provided premium transport to G20 delegates in 25 cities across India.
  • 2023: Crossed pre-covid maximum revenue in the Financial Year 2023.
  • 2023: Opened sales liaison office in Chandigarh. 
  • 2024: Launched end-to-end managed corporate car hire services with CabDrivePro.

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