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Electrotherm (India) Limited (IN:ELECTHERM)
:ELECTHERM
India Market
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Electrotherm (India) Limited (ELECTHERM) AI Stock Analysis

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IN:ELECTHERM

Electrotherm (India) Limited

(ELECTHERM)

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Neutral 63 (OpenAI - 5.2)
Rating:63Neutral
Price Target:
₹922.00
▲(0.16% Upside)
Action:ReiteratedDate:04/28/26
The score is primarily driven by solid cash-flow strength and constructive technical momentum, partially offset by significant balance-sheet risk (high leverage/negative equity) and a negative P/E that signals profitability/valuation uncertainty.
Positive Factors
Operating & Free Cash Flow
Electrotherm's strong operating cash generation and positive free cash flow growth provide durable liquidity to fund capex, maintenance of industrial equipment, and working capital. Reliable cash conversion supports operational continuity and reduces reliance on external financing over the medium term.
Negative Factors
High Leverage & Negative Equity
Material leverage and negative shareholders' equity are fundamental solvency risks that limit financial flexibility. Over the medium term this raises refinancing, covenant and creditor-dependence risks, constraining capital allocation and increasing vulnerability to demand or margin shocks.
Read all positive and negative factors
Positive Factors
Negative Factors
Operating & Free Cash Flow
Electrotherm's strong operating cash generation and positive free cash flow growth provide durable liquidity to fund capex, maintenance of industrial equipment, and working capital. Reliable cash conversion supports operational continuity and reduces reliance on external financing over the medium term.
Read all positive factors

Electrotherm (India) Limited (ELECTHERM) vs. iShares MSCI India ETF (INDA)

Electrotherm (India) Limited Business Overview & Revenue Model

Company Description
Electrotherm (India) Limited manufactures and markets induction furnace, casting machines, transformers, sponge and pig iron, ferrous and non-ferrous billets/bars/ingots, duct iron pipes, transmission line towers, battery operated vehicles, and se...
How the Company Makes Money
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Electrotherm (India) Limited Financial Statement Overview

Summary
Strong operating and free cash flow generation and solid revenue growth support the score, but it is materially offset by balance-sheet risk (high leverage and negative equity) and uneven net profitability.
Income Statement
68
Positive
Balance Sheet
45
Neutral
Cash Flow
72
Positive
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue38.91B41.15B42.72B30.74B28.20B25.09B
Gross Profit9.97B13.08B12.87B7.79B6.02B7.20B
EBITDA2.16B5.00B3.65B399.50M515.20M1.78B
Net Income2.80B4.42B3.17B-118.20M-402.60M494.90M
Balance Sheet
Total Assets19.74B19.18B18.41B17.52B17.45B18.97B
Cash, Cash Equivalents and Short-Term Investments788.70M723.10M615.40M744.50M713.10M987.20M
Total Debt11.70B12.87B17.70B19.86B20.87B22.34B
Total Liabilities21.28B20.77B26.22B28.48B28.27B29.39B
Stockholders Equity-1.54B-1.59B-7.81B-10.96B-10.82B-10.42B
Cash Flow
Free Cash Flow1.39B2.40B2.83B895.90M1.39B1.84B
Operating Cash Flow1.67B3.29B3.51B1.07B1.79B2.25B
Investing Cash Flow-205.90M-721.70M-678.70M-24.80M-140.60M-622.00M
Financing Cash Flow-1.36B-3.03B-2.94B-1.03B-1.89B-1.04B

Electrotherm (India) Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price920.55
Price Trends
50DMA
683.52
Positive
100DMA
768.47
Negative
200DMA
880.92
Negative
Market Momentum
MACD
13.86
Negative
RSI
65.16
Neutral
STOCH
95.17
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ELECTHERM, the sentiment is Neutral. The current price of 920.55 is above the 20-day moving average (MA) of 637.27, above the 50-day MA of 683.52, and above the 200-day MA of 880.92, indicating a neutral trend. The MACD of 13.86 indicates Negative momentum. The RSI at 65.16 is Neutral, neither overbought nor oversold. The STOCH value of 95.17 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:ELECTHERM.

Electrotherm (India) Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
₹18.40B10.020.95%-5.76%13.41%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
63
Neutral
₹9.20B-7.85-10.99%-56.69%
63
Neutral
₹8.93B157.480.87%-26.48%-44.64%
60
Neutral
₹11.63B378.450.74%-10.44%-53.46%
58
Neutral
₹8.37B41.93-4.86%-18.14%
54
Neutral
₹11.63B81.210.42%-8.22%3.55%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:ELECTHERM
Electrotherm (India) Limited
862.80
-314.10
-26.69%
IN:GNA
GNA Axles Ltd
429.85
108.80
33.89%
IN:HITECHGEAR
Hi-Tech Gears Limited
630.00
42.00
7.14%
IN:KECL
Kirloskar Electric Co. Ltd.
129.03
-0.77
-0.59%
IN:RIIL
Reliance Industrial Infrastructure Limited
796.85
-71.77
-8.26%
IN:STERTOOLS
Sterling Tools Limited
262.30
-51.64
-16.45%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 28, 2026