Financials Eco Recycling Limited

Equities

ECORECO6

INE316A01038

Environmental Services & Equipment

Market Closed - Bombay S.E. 06:12:31 2024-05-14 am EDT 5-day change 1st Jan Change
568 INR -4.99% Intraday chart for Eco Recycling Limited -4.82% +49.00%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 859.6 779.8 460.2 1,100 2,205 2,111
Enterprise Value (EV) 1 1,068 941.8 613.3 1,146 2,116 2,073
P/E ratio -9.73 x 70.9 x 39.9 x 24.6 x 17.4 x 34.1 x
Yield - - - - 0.88% -
Capitalization / Revenue 7.01 x 6.05 x 3.58 x 5.96 x 8.16 x 10.2 x
EV / Revenue 8.7 x 7.3 x 4.78 x 6.21 x 7.83 x 10 x
EV / EBITDA 56.3 x 41.4 x 14 x 16.5 x 14.4 x 28.6 x
EV / FCF 18.9 x 7.74 x 14.7 x 14.4 x 22.4 x -21.8 x
FCF Yield 5.29% 12.9% 6.82% 6.95% 4.46% -4.59%
Price to Book 3.64 x 3.26 x 1.94 x 3.46 x 4.45 x 4.61 x
Nbr of stocks (in thousands) 19,297 19,297 19,297 19,297 19,297 19,297
Reference price 2 44.55 40.41 23.85 57.00 114.2 109.4
Announcement Date 8/27/18 7/18/19 8/6/20 8/31/21 8/4/22 8/8/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 122.7 129 128.4 184.7 270.2 207.1
EBITDA 1 18.95 22.77 43.71 69.4 147 72.57
EBIT 1 15.15 18.04 38.92 64.58 142.3 63.23
Operating Margin 12.35% 13.99% 30.31% 34.97% 52.67% 30.53%
Earnings before Tax (EBT) 1 -88.37 7.898 12.18 57.63 143.2 66.04
Net income 1 -88.37 11 11.09 44.75 126.9 61.94
Net margin -72.05% 8.53% 8.64% 24.23% 46.99% 29.9%
EPS 2 -4.580 0.5700 0.5972 2.319 6.578 3.210
Free Cash Flow 1 56.44 121.7 41.82 79.69 94.28 -95.15
FCF margin 46.02% 94.4% 32.57% 43.15% 34.9% -45.94%
FCF Conversion (EBITDA) 297.87% 534.63% 95.69% 114.83% 64.13% -
FCF Conversion (Net income) - 1,106.71% 377.18% 178.08% 74.27% -
Dividend per Share - - - - 1.000 -
Announcement Date 8/27/18 7/18/19 8/6/20 8/31/21 8/4/22 8/8/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 208 162 153 46.2 - -
Net Cash position 1 - - - - 88.6 37.8
Leverage (Debt/EBITDA) 10.98 x 7.116 x 3.502 x 0.6662 x - -
Free Cash Flow 1 56.4 122 41.8 79.7 94.3 -95.2
ROE (net income / shareholders' equity) -34.3% 4.63% 4.65% 16.1% 31.2% 12.8%
ROA (Net income/ Total Assets) 1.87% 2.36% 5.42% 9.01% 15.8% 6.06%
Assets 1 -4,733 466.5 204.5 496.6 803.7 1,021
Book Value Per Share 2 12.20 12.40 12.30 16.50 25.70 23.80
Cash Flow per Share 2 0.0700 0.9100 0.0100 0.8500 5.650 0.6000
Capex - 1.24 5.14 2.57 - 214
Capex / Sales - 0.96% 4.01% 1.39% - 103.51%
Announcement Date 8/27/18 7/18/19 8/6/20 8/31/21 8/4/22 8/8/23
1INR in Million2INR
Estimates
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