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Earthstahl & Alloys Ltd share Price Today

Company details

47.11
50.00
40.75
76.95
6M Return -7.41%
1Y Return -15.25%
Mkt Cap.(Cr) 61.20
Volume 42,000
Div Yield 1.00%
OI
-
OI Chg %
-
Volume 42,000

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Earthstahl & Alloys Ltd shares SWOT Analysis

Strengths (6)

  • Rising Net Cash Flow and Cash from Operating activity
  • Company with Low Debt
  • Company reducing Debt

Weakness (2)

  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (1)

  • Positive Breakout First Resistance ( LTP > R1)

Threats (0)

Data not found

Resistance and support

R1 50.0
R2 50.0
R3 50.1
Pivot

49.93

S1 49.9
S2 49.8
S3 49.8
EMA SMA
48.2
48.4
50.0
51.8
47.5
46.9
50.6
54.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
PUSHPA A MADRECHA Bulk Sell 2023-09-26 54.32 123000 BSE
CHIMANSHU Bulk Purchase 2023-08-30 72.17 72000 BSE
CHIMANSHU Bulk Sell 2023-08-30 72.5 72000 BSE
Name Category Shares
RAJESH SOMANI PROMOTER 9.73%
PRAWIN SOMANI PROMOTER 9.66%
RAVI THAKURDASJI LADDHA PROMOTER 9.02%
PADAM KUMAR JAIN PROMOTER 3.5%
KUSUM JAIN PROMOTER 2.94%
SHREYANCE JAIN PROMOTER 2.45%
PADAM KUMAR JAIN HUF PROMOTER 0.61%
Jaiguru Vintrade Private Limited PROMOTER 25.98%
Aayush Steelco Private Limited PROMOTER 4.53%
Somani Processors Private Limited PROMOTER 4.17%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Earthstahl & Alloys Ltd Stocks COMPARISON

Financials( in Cr) Earthstahl & Alloys Ltd JSW Steel Ltd Tata Steel Ltd Jindal Steel & Power Ltd Tube Investments of India Ltd
Price 50.00 883.75 168.50 1,035.75 3,695.30
% Change 0.20 -2.01 -3.30 -0.27 -0.69
Mcap Cr 61.20 216,117.00 210,347.51 105,655.61 71,467.84
Revenue TTM Cr 91.81 165,960.00 243,352.69 53,211.52 14,964.73
Net Profit TTM Cr 7.51 4,139.00 8,075.35 3,974.09 1,325.06
PE TTM 8.13 26.22 88.43 17.85 108.37
1 Year Return -15.25 25.85 55.37 94.76 28.97
ROCE 27.51 8.60 12.10 14.17 33.06
ROE 29.56 6.22 7.48 13.27 37.40
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 35.64 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 38,211.58 -20,152.87
LAST 3M 113,440.41 -31,179.37
LAST 6M 172,266.38 32,742.67
LAST 12M 272,035.18 123,918.17

Earthstahl & Alloys Ltd Information

Stock PE (TTM)
8.13
Promoter Holding
73.53%
Book Value
29.1154
ROCE
27.51%
ROE
29.56%
Description
  • Earthstahl & Alloys Ltd. was originally incorporated as a Private Limited Company under the name "Earthstahl & Alloys Private Limited" on December 09, 2009 with the Registrar of Companies, Chhattisgarh. Subsequently, pursuant to Special Resolution passed by the Shareholders on August 27, 2022, Company converted into a Public Limited and consequently the name was changed to "Earthstahl & Alloys Limited" vide a fresh certificate of incorporation dated September 21, 2022, issued by the Registrar of Companies, Chhattisgarh. Located in steel hub of Raipur Chhattisgarh, the Company is engaged in the business of manufacturing Cast Iron Lumps and Ductile Iron Pipe Fittings. The Cast Iron Lumps are used as raw material in the steel foundries to manufacture products like: cast iron pipe fittings, machine components such as latche machines, fan components, manhole covers, decorative cast iron pieces, cast iron pipe fitting and other units engaged in manufacturing of steel or cast iron products. Ductile Iron Pipe Fittings are used in public water supply systems as connectors of pipes. The Company has manufacturing unit located in the Village Duldula about 50 KMs from Raipur, Chhattisgarh spread across an area of around 4.73 hectares of land. Presentlt, it is using waste generated by integrated steel plants, sponge iron plants and rolling mills in the manufacturing process as raw material and recover iron from the left out waste, thus conserving the environment. The plant is located near to the source of raw material i.e. Bhilai Steel Plant of SAIL and other pellet and sponge iron plants located in Raipur and surrounding area. The strategic location of manufacturing facility ensures access to ferrous waste, steel scrap, pig iron (steel grade), carburizer, ferro alloys and other raw materials like: coal, coke and dolomite required in manufacturing process forming a substantial part of cost of production at a low logistic cost. In 2012, the Company started operations of manufacturing cast iron with one Submerged Electric Arc Furnace with capacity of 3.6 MVA to manufacture 10,500 tonnes p.a. of Cast iron Lumps. During FY2014-15 due to sharp correction in price of steel and increase in price of electricity, the unit started incurring losses. Further due to delay in commissioning and stabilisation of foundry for manufacturing ductile iron pipe fittings, the losses increased. Consequently the plant faced shut down from March 2015 till March 2018. However, the plant resumed operation in March, 2018. In 2017, it started commercial production of manufacturing Ductile Iron Pipes fittings for which Lost Foam based Steel Foundry consisting of one induction furnace with two crucibles, one of 500 KG and another 1000 KG to produce Ductile iron pipe fittings of different dimensions, shapes and sizes used in water supply system was commissioned. Since the Company has been successful in manufacturing Ductile Iron Pipe Fittings of upto 600 mm width with accuracy, consistency & smooth surface finish, it commissioned another Submerged Electric Arc Furnace with capacity of 5.5MVA to manufacture 15,750 MTs of Cast Iron lumps in year 2022. The Company is planning to raise capital from Public by issuing 32,40,000 Equity Shares through Fresh Issue.

Registered Address

Merlin Jayshree Vihar Mohani5B, Pandri Tarai Mandi Gate, Raipur, Chattisgarh, 492001

Tel : 91-8120009626
Email : secretarial:earthstahl.com
Website : http://www.earthstahl.com
Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 3000
BSE Code : 543765
NSE Code :
Book Closure Date (Month) :
BSE Group : M
ISIN : INE0O4V01010

FAQ’s on Earthstahl & Alloys Ltd Shares

You can buy Earthstahl & Alloys Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Earthstahl & Alloys Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 30, 2024 10:59 AM the closing price of Earthstahl & Alloys Ltd was Rs.50.00.

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 May 30, 2024 10:59 AM, the market cap of Earthstahl & Alloys Ltd stood at Rs. 61.20.

The latest PE ratio of Earthstahl & Alloys Ltd as of May 30, 2024 10:59 AM is 8.13

The latest PB ratio of Earthstahl & Alloys Ltd as of May 30, 2024 10:59 AM is 0.58

The 52-week high of Earthstahl & Alloys Ltd share price is Rs. 76.95 while the 52-week low is Rs. 40.75

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