Earthstahl & Alloys
Earthstahl & Alloys
Industrial ProductsKey Fundamentals
SMEIron & Steel ProductsIndustrial ProductsTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Stock is trading at 0.49 times its book value
Weaknesses
2- Company has low interest coverage ratio.
- Company has a low return on equity of -2.29% over last 3 years.
Growth Rate
Quarterly Results
| Particulars | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 48.16 | 43.65 | 45.7 | 42.24 | 36.68 | 35.6 | 33.92 | 27.67 |
| Expenses | 39.07 | 40.33 | 43.22 | 39.51 | 34.54 | 33.76 | 36.21 | 28.06 |
| Operating Profit | 9.09 | 3.32 | 2.48 | 2.73 | 2.14 | 1.84 | -2.29 | -0.39 |
| OPM % | 18.87% | 7.61% | 5.43% | 6.46% | 5.83% | 5.17% | -6.75% | -1.41% |
| Other Income | 0.09 | 0.29 | 0.48 | 0.5 | 0.26 | 0.24 | 0.35 | 0.38 |
| Interest | 0.54 | 0.52 | 0.49 | 0.44 | 0.37 | 0.77 | 0.81 | 0.68 |
| Depreciation | 0.87 | 1.24 | 1.03 | 1.13 | 1.1 | 1.49 | 1.57 | 1.57 |
| PBT | 7.77 | 1.85 | 1.44 | 1.66 | 0.93 | -0.18 | -4.32 | -2.26 |
| Tax % | 25.87% | 5.41% | 27.08% | 50% | 26.88% | -22.22% | -25.93% | -24.34% |
| Net Profit | 5.76 | 1.75 | 1.06 | 0.83 | 0.68 | -0.14 | -3.19 | -1.71 |
| EPS in Rs | 19.2 | 1.43 | 0.87 | 0.68 | 0.56 | -0.11 | -2.61 | -1.4 |
Profit & Loss
| Particulars | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.87 | 39.05 | 31.65 | 24.12 | 48.88 | 91.81 | 87.94 | 72.25 | 61.56 |
| Expenses | 2.58 | 40.93 | 29.04 | 17.95 | 35.43 | 79.4 | 82.73 | 68.27 | 64.16 |
| Operating Profit | -0.71 | -1.88 | 2.61 | 6.17 | 13.45 | 12.41 | 5.21 | 3.98 | -2.6 |
| OPM % | -37.97% | -4.81% | 8.25% | 25.58% | 27.52% | 13.52% | 5.92% | 5.51% | -4.22% |
| Other Income | 1.17 | 0.27 | 0.16 | 0.46 | 0.2 | 0.38 | 0.98 | 0.5 | 0.73 |
| Interest | 0.09 | 1.58 | 1.75 | 1.75 | 1.2 | 1.06 | 0.93 | 1.14 | 1.57 |
| Depreciation | 1.64 | 1.35 | 1.38 | 1.45 | 1.51 | 2.1 | 2.15 | 2.59 | 3.13 |
| PBT | -1.27 | -4.54 | -0.36 | 3.43 | 10.94 | 9.63 | 3.11 | 0.75 | -6.57 |
| Tax % | 0% | 0% | -5.56% | 21.87% | 31.44% | 22.01% | 39.23% | 29.33% | -25.42% |
| Net Profit | -1.27 | -4.54 | -0.33 | 2.67 | 7.49 | 7.51 | 1.89 | 0.53 | -4.9 |
| EPS in Rs | -4.23 | -15.13 | -1.1 | 8.9 | 24.97 | 6.14 | 1.54 | 0.43 | -4 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 8.15% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 12.24 | 12.24 | 12.24 | 12.24 |
| Reserves | 3.66 | -0.88 | 2 | 4.68 | 12.17 | 23.4 | 24.68 | 25.21 | 20.31 |
| Borrowings | 15.25 | 14.99 | 17.34 | 13.97 | 14 | 12.73 | 12.97 | 18.3 | 14.88 |
| Other Liabilities | 2.07 | 5.78 | 7.56 | 6.52 | 6.75 | 9.34 | 10.44 | 11.87 | 9.85 |
| Total Liabilities | 23.98 | 22.89 | 29.9 | 28.17 | 35.92 | 57.71 | 60.33 | 67.62 | 57.28 |
| Fixed Assets | 17.53 | 17.07 | 16.25 | 15.84 | 15.95 | 24.16 | 22.97 | 41.4 | 38.21 |
| CWIP | 0 | 0.14 | 0.2 | 0.24 | 5.21 | 1.56 | 11.91 | 0 | 0 |
| Investments | 0 | 0.02 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.01 | 0.01 |
| Other Assets | 6.45 | 5.66 | 13.3 | 11.94 | 14.61 | 31.84 | 25.3 | 26.21 | 19.06 |
| Total Assets | 23.98 | 22.89 | 29.9 | 28.17 | 35.92 | 57.71 | 60.33 | 67.62 | 57.28 |
Cash Flow
| Particulars | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Operating | — | — | 1.43 | 6.81 | 6.59 | 8.68 | 7.82 | -1.3 | 4.48 |
| Investing | — | — | -1.5 | -1.04 | -5.95 | -12.32 | -12.62 | -3.87 | 0.45 |
| Financing | — | — | 0.06 | -5.11 | -1.17 | 10.63 | -1.29 | 4.19 | -4.91 |
| Net Cash Flow | — | — | -0.01 | 0.66 | -0.53 | 6.98 | -6.09 | -0.98 | 0.02 |
| Free Cash Flow | — | — | 0.81 | 5.73 | 0.07 | 2.03 | -3.49 | -10.41 | 4.5 |
| CFO/OP | — | — | 55 | 110 | 49 | 82 | 156 | -23 | -173 |
Ratios
| Particulars | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66.36 | 8.79 | 7.84 | 12.71 | 4.18 | 13.87 | 6.68 | 8.39 | 7.17 |
| Inventory Days | 1,224 | 35.47 | 198 | 207 | 285 | 103 | 101 | 253 | 142 |
| Days Payable | 653 | 45.75 | 131 | 133 | 108 | 54.58 | 62.3 | 119 | 96.75 |
| Cash Conversion Cycle | 637 | -1.5 | 74.53 | 87.31 | 182 | 62.16 | 45.86 | 142 | 52.62 |
| Working Capital Days | 152 | -44.12 | -52.93 | -44.64 | 25.46 | 6.96 | -2.28 | -3.18 | -14.88 |
| ROCE % | — | -15.17% | 7.05% | 23.51% | 47.46% | 27.57% | 8.22% | 3.58% | -9.69% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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58 extracted metrics + investor summaries across FY07–FY26.
Documents
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Company Information
Incorporated in 2009, Earthstahl & Alloys Ltd is in the business of manufacturing, generation and sale of Iron and Steel products[1]
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