---
title: "ELF Trading And Chemicals Manufacturing Ltd (504387) — Share Price, Financials & Analysis"
symbol: "504387"
company: "ELF Trading And Chemicals Manufacturing Ltd"
canonical: "https://tapetide.com/stocks/504387"
bse_code: "504387"
generated_at: "2026-10-13T10:59:10.839Z"
---

# ELF Trading And Chemicals Manufacturing Ltd (504387)

Canonical page: https://tapetide.com/stocks/504387

## Company

- **BSE Code:** 504387
- **Stock Type:** EQUITY
- **Listed Since:** 2007-10-08
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** elftrdg.com

## About

Elf Trading & Chemicals Manufacturing Ltd. is engaged in trading raw/refined oils, refined soya oil, refined palm oil.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.04 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Earnings include an other income of Rs.2.39 Cr.
- Debtor days have increased from 65.9 to 86.0 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -12% | 11% | 15% |
| revenue growth | 9% | 12% | 39% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.84 | 0.62 | 0.59 | 0.59 | 1.44 | 0.55 | 0.58 | 0.15 | 1.59 | 2.6 | 3.88 | 1.53 |
| Expenses | 0.87 | 0.65 | 0.64 | 0.65 | 1.47 | 0.58 | 0.63 | 0.2 | 1.66 | 2.63 | 3.92 | 1.75 |
| Operating Profit | -0.03 | -0.03 | -0.05 | -0.06 | -0.03 | -0.03 | -0.05 | -0.05 | -0.07 | -0.03 | -0.04 | -0.22 |
| OPM % | -3.57 | -4.84 | -8.47 | -10.17 | -2.08 | -5.45 | -8.62 | -33.33 | -4.4 | -1.15 | -1.03 | -14.38 |
| Other Income | 0.78 | 0.17 | 0.28 | -0.02 | 0.92 | 0.57 | 0.04 | 0.08 | 0.03 | 1.1 | 0.5 | 0.24 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.05 | 0.03 | 0.03 | 0.03 | 0.03 |
| Profit before tax | 0.72 | 0.11 | 0.2 | -0.11 | 0.85 | 0.5 | -0.05 | -0.02 | -0.07 | 1.04 | 0.43 | -0.01 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.72 | 0.12 | 0.21 | -0.11 | 0.85 | 0.5 | -0.05 | -0.02 | -0.07 | 1.04 | 0.42 | -0.02 |
| EPS in Rs | 38.46 | 6.41 | 11.22 | -5.88 | 45.41 | 26.71 | -2.67 | -1.07 | -3.74 | 55.56 | 22.44 | -1.07 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.83 | 1.09 | 1.78 | 2.56 | 2.64 | 2.72 | 9.59 | 11.78 | 12.44 | 13.5 |
| Expenses | 0.91 | 1.21 | 2.75 | 2.66 | 2.81 | 2.88 | 9.95 | 12.33 | 12.79 | 13.76 |
| Operating Profit | -0.08 | -0.12 | -0.97 | -0.1 | -0.17 | -0.16 | -0.36 | -0.55 | -0.35 | -0.26 |
| OPM % | -9.64 | -11.01 | -54.49 | -3.91 | -6.44 | -5.88 | -3.75 | -4.67 | -2.81 | -1.93 |
| Other Income | 0.55 | 0.73 | 1.74 | 1.04 | 1.21 | 1.61 | 1.87 | 2.06 | 2.69 | 2.39 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.02 | 0.23 | 0.23 | 0.12 | 0.11 | 0.18 | 0.14 | 0.12 | 0.11 | 0.11 |
| Profit before tax | 0.45 | 0.38 | 0.54 | 0.82 | 0.93 | 1.27 | 1.37 | 1.39 | 2.23 | 2.02 |
| Tax % | 0 | 0 | 0 | -1.22 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.45 | 0.38 | 0.54 | 0.83 | 0.93 | 1.28 | 1.37 | 1.39 | 2.22 | 2.02 |
| EPS in Rs | 24.04 | 20.3 | 28.85 | 44.34 | 49.68 | 68.38 | 73.18 | 74.25 | 118.59 | 107.91 |
| Dividend Payout % | 8.44 | 10 | 7.04 | 4.58 | 4.09 | 2.97 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 |
| Reserves | 2.88 | 3.13 | 3.56 | 4.34 | 5.23 | 6.45 | 7.82 | 9.21 | 11.43 | 13.45 |
| Borrowings | 0 | 0.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.08 | 0.17 | 0.06 | 0.06 | 0.06 | 0.06 | 0.42 | 0.03 | 0.37 | 0.01 |
| Total Liabilities | 3.15 | 4.39 | 3.81 | 4.59 | 5.48 | 6.7 | 8.43 | 9.43 | 11.99 | 13.65 |
| Fixed Assets | 0.15 | 2.21 | 2.02 | 1.92 | 1.81 | 1.62 | 1.49 | 1.38 | 1.29 | 1.19 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1.4 | 1.6 | 1.39 | 1.39 | 3.38 | 1.4 | 4 | 2.96 | 6.6 | 9.15 |
| Other Assets | 1.6 | 0.58 | 0.4 | 1.28 | 0.29 | 3.68 | 2.94 | 5.09 | 4.1 | 3.31 |
| Total Assets | 3.15 | 4.39 | 3.81 | 4.59 | 5.48 | 6.7 | 8.43 | 9.43 | 11.99 | 13.65 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.01 | -0.5 | -0.08 | -0.17 | -0.11 | -0.41 | -0.65 | -1.33 | -0.39 | -1.57 |
| Cash from Investing Activity | 1.41 | -1.77 | 1.08 | 1.03 | -0.78 | 3.59 | -0.74 | 3.01 | -1.07 | -0.31 |
| Cash from Financing Activity | -0.04 | 0.86 | -1.08 | -0.04 | -0.04 | -0.04 | -0.05 | 0 | 0 | 0 |
| Net Cash Flow | 1.36 | -1.41 | -0.08 | 0.82 | -0.93 | 3.13 | -1.44 | 1.68 | -1.46 | -1.88 |
| Free Cash Flow | -0.01 | -2.8 | -0.08 | -0.18 | -0.11 | -0.41 | -0.66 | -1.34 | -0.42 | -1.57 |
| CFO/OP | 50 | 408 | 8 | 170 | 65 | 256 | 181 | 242 | 111 | 604 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 137.29 | 30.76 | 42.77 | 33.18 | 65.75 | 45.29 | 50.51 | 61.32 | 85.98 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 0 | 137.29 | 30.76 | 42.77 | 33.18 | 65.75 | 45.29 | 50.51 | 61.32 | 85.98 |
| Working Capital Days | 17.59 | 113.85 | 38.96 | 35.64 | 27.65 | 61.73 | 30.07 | 51.12 | 51.93 | 87.06 |
| ROCE % | 19.11 | 10.43 | -8.28 | 19.81 | 18.69 | 21.06 | 18.7 | 15.05 | 20.46 | 14.96 |

## Shareholding Pattern

### annual

| Category | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 20.53% | 20.53% | 20.53% | 20.53% | 20.53% |
| Public | 79.47% | 79.48% | 79.47% | 79.47% | 79.47% |
| No. of Shareholders | 71 | 73 | 61 | 75 | 77 |

### Quarterly

| Category | Dec 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 20.53% | 20.53% | 20.53% | 20.53% | 20.53% | 20.53% | 20.53% | 20.53% | 20.53% | 20.53% |
| Public | 79.47% | 79.47% | 79.46% | 79.48% | 79.47% | 79.47% | 79.47% | 79.47% | 79.47% | 79.47% |
| No. of Shareholders | 101 | 71 | 69 | 73 | 63 | 61 | 62 | 75 | 76 | 77 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 575.74 | Sell |
| EMA (10) | 578.45 | Sell |
| SMA (20) | 592.26 | Sell |
| EMA (20) | 591.79 | Sell |
| SMA (50) | 626.96 | Sell |
| EMA (50) | 618.58 | Sell |
| SMA (100) | 651.38 | Sell |
| EMA (100) | 642.91 | Sell |
| SMA (200) | 680.66 | Sell |
| EMA (200) | 688.2 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 32.51 | Neutral |
| MACD (12,26,9) | -17.5 | Sell |
| Stochastic (14,3,3) | 16.91 | Buy |
| ADX (14) | 27.44 | Buy |
| Williams %R (14) | -82.56 | Buy |
| ATR (14) | 15.39 | Neutral |
| ROC (12) | -5.57 | Sell |
| Stoch RSI (14) | 38.31 | Neutral |
| UO (7,14,28) | 44.94 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-07 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec45a97c-260c-4d5c-949d-d0322f181f15.pdf) |
| 2026-01-30 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cbe8ce71-7c6c-4317-a896-927476b85fea.pdf) |
| 2026-01-29 | [Cancellation of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d0a2f54-a58c-492c-8cd0-8be2e6f70805.pdf) |
| 2026-01-24 | [Board Meeting Intimation for Intimation Of Board Meeting Pursuant To Regulation 29 Of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab6e7754-0882-4075-9438-0c8ac078d5e3.pdf) |
| 2026-01-22 | [General Updates](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c23128c2-0a22-41ad-9846-ba56b8e9ff96.pdf) |
| 2016-06-03 | [Delisting Offer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=F0263E65_4575_4174_A14F_403D6753B028_181508.pdf) |
| 2016-06-03 | [Delisting Offer](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/6/F0263E65_4575_4174_A14F_403D6753B028_181508.pdf) |
| 2016-05-30 | [Standalone Financial Results, Auditors Report for March 31, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=849C07A7_B53C_414B_B141_6EB1667F5F4D_181347.pdf) |
| 2016-05-30 | [Standalone Financial Results, Auditors Report for March 31, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/5/849C07A7_B53C_414B_B141_6EB1667F5F4D_181347.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/33a20bba-8554-4636-8add-1cba68886b36.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fecf9916-9164-4c97-b789-d817f0a3a8c8.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/92f6c467-fdcf-47b2-8828-1039d356c4c1.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/543436/73981543436_24_08_22.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/504387/5043870315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/504387/5043870314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/504387/5043870313.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/504387/5043870312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/504387/5043870311.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/504387/5043870310.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:10.839Z.