amit@unlistedkraft.com
+91-9599071664
+91-9599071664
Electrosteel Steel Ltd
DRHP Status : Not Filed
45
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 4771 | 6596 | 7977 | 8508 |
| Cost of Material Consumed | 2683 | 4592 | 5022 | 4386 |
| Gross Margins | 43.76 | 30.38 | 37.04 | 48.45 |
| Change in Inventory | 130 | -250 | -405 | 148 |
| Employee Benefit Expenses | 154 | 161 | 213 | 226 |
| Other Expenses | 954 | 1530 | 2873 | 3587 |
| EBITDA | 850 | 563 | 274 | 161 |
| OPM | 17.82 | 8.54 | 3.43 | 1.89 |
| Other Income | 128 | 204 | 75 | 85 |
| Finance Cost | 376 | 338 | 376 | 432 |
| D&A | 346 | 345 | 444 | 463 |
| EBIT | 504 | 218 | -170 | -302 |
| EBIT Margins | 10.56 | 3.31 | -2.13 | -3.55 |
| PBT | -22 | 24 | -471 | -649 |
| PBT Margins | -0.46 | 0.36 | -5.9 | -7.63 |
| Tax | -2754 | 118 | 87 | 318 |
| PAT | 2732 | -94 | -558 | -967 |
| NPM | 57.26 | -1.43 | -7 | -11.37 |
| EPS | 14.78 | -0.51 | -3.02 | -5.23 |
Financial Ratios |
2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | 17.82 | 8.54 | 3.43 | 1.89 |
| Net Profit Margin | 57.26 | -1.43 | -7 | -11.37 |
| Earning Per Share (Diluted) | 14.78 | -0.51 | -3.02 | -5.23 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 4763 | 4567 | 4954 | 4859 |
| CWIP | 835 | 806 | 1299 | 1700 |
| Investments | 409 | 180 | 20 | 20 |
| Trade Receivables | 103 | 80 | 249 | 111 |
| Inventory | 635 | 1179 | 1394 | 1063 |
| Other Assets | 4585 | 4338 | 3330 | 3055 |
| Total Assets | 11330 | 11150 | 11246 | 10808 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 1849 | 1849 | 1849 | 1849.03 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 4375 | 4278 | 3718 | 2750 |
| Borrowings | 2862 | 2862 | 2406 | 2293 |
| Trade Payables | 651 | 469 | 674 | 652 |
| Other Liabilities | 1593 | 1692 | 10572 | 3263.97 |
| Total Liabilities | 11330 | 11150 | 19219 | 10808 |
ESL Steel Limited,(formerly known as Electrosteel Steels Limited), is an integrated steel producer with operations in Bokaro, Jharkhand, India, was established as a public limited company in 2006. Through the Corporate Insolvency Resolution Process, which was set up to address the resolution of non-performing debts in the Indian banking sector, Vedanta Limited obtained management control of ESL in June 2018. The business built a brand-new, integrated production plant that can presently produce 2.5 MT of product annually. Sinter Plants, Coke Ovens, Blast Furnaces, Oxygen Plants, Basic Oxygen Furnaces, Billet Casters, Wire Rod Mills, Bar Mills, Ductile Iron Pipes Plants, and a Power Plant make up the majority of the facility. Pig iron, billets, TMT bars, wire rods, and ductile iron pipes are among the company's available products. On September 26, 2020, the name of the company changed from Electrosteel Steels Limited to ESL Steel Limited. The facility provides top-notch services and goods while operating in accordance with the established environmental requirements and utilising global expertise and solutions from reputable manufacturers. The plant uses the most up-to-date technology while maintaining the greatest ecological standards.
ESL Steel Ltd.'s Unlisted Share Price are updated on our website on a daily basis, to stay updated with the share price you can visit our website every two days or register with us to get daily updates on WhatsApp.
-
Support from Vedanta: ESL Steel benefits from strong backing by its parent company, Vedanta Limited. This support includes corporate guarantees for long-term loans and letters of comfort for working capital facilities, enhancing ESL's financial stability. ​
-
Capacity Utilization and Expansion: The company has achieved a notable capacity utilization rate of 79.1% and plans to double its capacity to 3 million tonnes per annum, indicating a commitment to growth and increased market presence.
-
Employee Satisfaction: With an overall rating of 4.0 out of 5 based on over 600 employee reviews, ESL Steel is recognized for providing a positive work environment, which can contribute to operational efficiency and employee retention.
Weaknesses:
-
Market Sensitivity: The demand for ESL Steel's products is closely tied to the construction and infrastructure sectors, making the company susceptible to economic cycles and fluctuations in steel prices. This dependency can lead to variability in revenue and profitability. ​CRISIL
-
Valuation Concerns: Current valuation ratios suggest that ESL Steel may be somewhat overvalued compared to its past performance, indicating potential caution for investors. ​MoneyWorks4Me
-
Environmental Challenges: Operating in the steel industry involves inherent environmental challenges, such as managing emissions and waste, which require continuous attention and resources to address.
+91-9599071664
amit@unlistedkraft.com