Electrotherm
745.35
+21.95(+3.03%)
Market Cap₹949.79 Cr
PE Ratio5.91
Company Performance:
1D+3.03%
1M+19.26%
6M-31.53%
1Y-26.61%
5Y+614.96%
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More news about Electrotherm
11Nov 25
Electrotherm India Reports Mixed Q2 Results, Faces Loan Repayment Challenges
Electrotherm (India) Limited announced Q2 FY2026 results with revenue slightly up at ₹814.26 crores, but net profit down 53% to ₹21.71 crores. The Special Steel Division, despite being the largest revenue generator, reported a significant loss. The company faces loan defaults and has rescheduled payments with lenders. Auditors qualified their opinion due to non-provision of interest on non-performing loan accounts. Electrotherm is in the process of settling previous loan obligations and obtaining a No Dues Certificate.
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10Nov 25
Electrotherm India Reports Narrowed Q2 Loss, Revenue Remains Steady
Electrotherm India Ltd reported a net loss of 217 million rupees in Q2, a 53% improvement from the previous year's 463 million rupees loss. Revenue remained flat at 8 billion rupees. EBITDA shifted from 675 million rupees to -120 million rupees. The Special Steel Division was the largest revenue contributor but reported a loss. The company faces ongoing challenges with loan repayments and legal proceedings, including defaulted installments and recovery proceedings with various Asset Reconstruction Companies.
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30Oct 25
Electrotherm India Defaults on Rs 10.45 Crore Loan Payment, Reveals Settlement Agreement with ARC
Electrotherm (India) Limited has reported a loan default of Rs 10.45 crore as of September 30, 2025. The default includes Rs 8 crore in principal and Rs 2.45 crore in interest, owed to Invent Assets Securitisation & Reconstruction Private Limited. The company has entered a settlement agreement for Rs 180 crore over 11 years at 11% interest per annum. Electrotherm's total financial indebtedness stands at Rs 1,106.16 crore, with Rs 1,091.66 crore in outstanding borrowings from banks and institutions.
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24Oct 25
Electrotherm India Announces Key Corporate Changes and Regulatory Compliance Update
Electrotherm India Limited has made significant corporate changes following a board meeting on October 24, 2025. The company appointed N R P S & Associates LLP as its new internal auditor effective November 15, 2025, replacing RSM Astute Consultech Private Limited. The registered office will relocate within Ahmedabad to a property owned by the Executive Vice Chairman, effective November 1, 2025. The board also addressed recent regulatory fines from NSE and BSE related to board composition non-compliance, stating the issue has been resolved with the appointment of an additional director in April 2025.
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29Jul 25
Electrotherm India Reports Q1 Revenue Decline, Reappoints Key Executives
Electrotherm (India) Limited announced Q1 financial results with revenue dropping 21.27% to Rs 834.05 crores and net profit decreasing 74.57% to Rs 27.67 crores. The company reappointed Mr. Shailesh Bhandari and Mr. Suraj Bhandari as Managing Directors for five-year terms. Corporate actions include proposed reclassification of authorized share capital, approval of a Rs 75 crore technical consultancy agreement, and addressing board composition compliance issues. The Special Steel Division remained the largest revenue contributor, while the Electric Vehicle Division reported a loss.
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29Jul 25
Electrotherm India's Q1 Profit Declines Amid Revenue Contraction
Electrotherm India Ltd experienced a significant drop in financial performance for the first quarter. Net profit fell to 277.00 million rupees from 1.10 billion rupees year-over-year. Revenue decreased to 8.30 billion rupees from 10.60 billion rupees. EBITDA reduced to 520.00 million rupees with margin compression to 6.24%. Segment-wise revenue: Special Steel Division (610.34 crore), Engineering & Technologies Division (219.64 crore), and Electric Vehicle Division (7.29 crore). Total assets stood at 1,980.00 crore, with liabilities at 2,111.73 crore. The Board approved re-appointments of Mr. Shailesh Bhandari and Mr. Suraj Bhandari as Managing Directors for five-year terms, subject to shareholder approval.
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18Jun 25
Electrotherm (India) Faces Asset Retention Order Under PMLA
Electrotherm (India) Ltd has disclosed receiving an order under the Prevention of Money Laundering Act (PMLA) specifically related to asset retention. This suggests potential regulatory scrutiny of the company's financial activities and may have implications for its asset management.
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20May 25
Electrotherm (India) Q4 Results: Net Profit Surges Despite Revenue Dip
Electrotherm (India) Limited's Q4 financial results show a 4.9% year-over-year revenue decline to ₹11.60 billion. EBITDA decreased by 50.8% to ₹644.60 million, with the EBITDA margin contracting to 5.55%. Despite these challenges, consolidated net profit increased by 78.8% to ₹1.86 billion, largely due to an exceptional item of ₹1.07 billion. The company's profit before tax decreased by 55.3% to ₹465.20 million.
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Electrotherm
745.35
+21.95
(+3.03%)
1 Year Returns:-26.61%
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