Elofic Industries Share Price - Financial, Valuations & News
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Unlisted Shares

Elofic Industries Essentials

As of May 30, 2024, the unlisted share price of Elofic Industries was ₹2,415. The 52-week high for the stock was ₹2,450 and the 52-week low was ₹2,150

ISIN

INE02YY01015

Face Value

₹ 10

Total Share

25,08,370

Total Income

₹ 359.72 undefined

Profit After Tax

₹ ****

EPS

₹ ****

P/E

****

P/B

****

Market Capitalisation

₹ 514.22 Cr

Enterprise Value

₹ ****

Book Value

₹ 759

Intrinsic Value

₹ ****

Dividend Yield

0.15 %

Earnings Yield

7.3 %

Sector

Consumer Discretionary

Sub-sector

Auto Ancillaries

Category

Small Cap

Cashflow - Operations

41.04

Cashflow - Financing

-₹ 1.18

Elofic Industries Growth

Compounded Sales Growth

1 Year

3 Year

7 Year

Compounded Profit Growth

1 Year

3 Year

7 Year

Return On Equity

2017

2020

2023

Highlights

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With a legacy spanning over 70 years, a workforce of more than 1200 professionals across six state-of-the-art manufacturing facilities in Faridabad (Haryana), Nalagarh (Himachal Pradesh), and Hosur (Tamil Nadu) in India and a global clientele consisting of Fortune 1000 blue chip corporations, Elofic offers the following filtration and lubrication products: oil filters, air filters, fuel filters, hydraulic filters, coolants and lubricants and grease.

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Financial Growth

  • Revenue has increased from ₹330.0 Cr. in FY22 to ₹359.7 Cr., in FY23, showcasing a growth of 9% year-on-year (y-o-y).
  • PAT has decreased from ₹39.5 Cr. in FY22 to ₹37 Cr., in FY23.
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Competitive strength: Elofic has outperformed its peers in terms of Asset turnover ratio, Profitability ratios and in terms of margin. Moreover company has a 0 debt to equity ratio vs industry average of 73.5%. While the company's profit margins have declined this year compared to FY22, but the company is maintaing healthy margins as compared to its peers.

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Thesis: Compared to its industry counterparts (Listed peer: Jay Bharat Maruti), Elofic appears to be undervalued, with a PE ratio of 16.0x (FY24). This valuation is significantly lower than the industry average of 31.5x (FY24) after adjusting for a 20% discount due to its non-listed status. As a result, the intrinsic value of the stock is estimated to be around ₹4,721 per share.

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Past Recommended Stock: In April of last year, we recommended purchasing this stock at ₹1,925 per share. Over the past year, the stock has experienced a strong rally, delivering an impressive absolute return of over 39%.

Business Rating

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Managment

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Accounting Practice

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Profatibility

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Solvency

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Growth

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Valuation

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Overall Ratings

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Recommendation

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Our Team

Quantity

Invest

, Min. Investment: ₹