āagmanLoginNot investment advice. Data and computed figures, for information only.
Ellenbarrie Industrial Gases Ltd
₹335.50
−₹10.35 (−2.99%)
NSE · 15 Oct 2026, close
Market Cap
₹4,907 Cr
CMP
₹335.50
52-wk High / Low
₹474 / 175
P/E
40.7
P/B
5.0
Book Value
₹69.3
Div Yield
0.00%
ROCE
14.0%
ROE
12.9%
Face Value
₹2
D/E
0.19
Price−24.7% over 1Y
āagman read
Computed by āagmanPiotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹107
√(22.5 × EPS × book value per share)
ROIC
6.4%
vs 7.5% sector median
Cash flow to profit
1.28
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+148
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
12.9%
ROE × earnings retention ratio
ROE stability
3.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.23DII −1.39
Latest quarter vs the previous one
Cash-accrual divergence
−2.7%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.2x)
Watch-outs
−Annualised volatility of 51.5% is in the high band (≥45%)
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 23 | 24 | 29 | 24 | 67 | 95 | 68 | 82 | 84 | 89 | 81 | 87 | 99 |
| Expenses | 22 | 20 | 23 | 20 | 45 | 58 | 41 | 58 | 53 | 56 | 56 | 60 | 61 |
| Operating Profit | 2 | 4 | 6 | 5 | 22 | 36 | 27 | 25 | 31 | 33 | 25 | 27 | 38 |
| OPM % | 8.7% | 16.7% | 20.7% | 20.8% | 32.8% | 37.9% | 39.7% | 30.5% | 36.9% | 37.1% | 30.9% | 31.0% | 38.4% |
| Other Income | 1 | 0 | 0 | 0 | 8 | 7 | 9 | 11 | 7 | 13 | 16 | 15 | 17 |
| Interest | 5 | 3 | 3 | 2 | 4 | 4 | 4 | 5 | 5 | 1 | 1 | 2 | 2 |
| Depreciation | 2 | 2 | 2 | 2 | 5 | 5 | 5 | 6 | 5 | 5 | 5 | 6 | 6 |
| Profit before tax | −4 | −1 | 2 | 1 | 21 | 34 | 28 | 24 | 28 | 40 | 34 | 33 | 46 |
| Net Profit | −4 | −1 | 2 | 1 | 16 | 30 | 19 | 18 | 19 | 37 | 26 | 23 | 35 |
| EPS (₹) | −6.08 | −1.54 | 2.46 | 1.33 | 1.24 | 2.26 | 1.47 | 1.39 | 1.33 | 2.61 | 1.85 | 1.62 | 2.48 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 87 | 96 | 116 | 123 | 154 | 174 | 175 | 247 | 205 | 269 | 312 | 342 | 357 |
| Expenses | 79 | 88 | 99 | 103 | 125 | 149 | 129 | 184 | 171 | 208 | 203 | 225 | 234 |
| Operating Profit | 8 | 8 | 17 | 20 | 30 | 25 | 46 | 63 | 34 | 62 | 110 | 117 | 123 |
| OPM % | 9.2% | 8.3% | 14.7% | 16.3% | 19.5% | 14.4% | 26.3% | 25.5% | 16.6% | 23.0% | 35.3% | 34.2% | 34.5% |
| Other Income | 2 | 2 | 2 | 1 | 2 | 121 | 5 | 15 | 19 | 21 | 36 | 50 | 60 |
| Interest | 13 | 16 | 11 | 11 | 14 | 16 | 10 | 4 | 4 | 8 | 17 | 10 | 7 |
| Depreciation | 5 | 7 | 7 | 7 | 10 | 11 | 13 | 12 | 11 | 10 | 21 | 21 | 23 |
| Profit before tax | −9 | −13 | 0 | 2 | 7 | 120 | 27 | 62 | 37 | 64 | 108 | 135 | 154 |
| Net Profit | −9 | −13 | 0 | 2 | 7 | 89 | 24 | 44 | 28 | 45 | 83 | 104 | 121 |
| EPS (₹) | −13.26 | −20.35 | 0.60 | 3.80 | 11.29 | 136.59 | 36.74 | 67.51 | 42.98 | 69.18 | 6.36 | 7.41 | 8.56 |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 26 | 28 | — |
| Reserves | 6 | 14 | 15 | 18 | 25 | 117 | 141 | 319 | 357 | 403 | 467 | 949 | — |
| Borrowings | 203 | 189 | 188 | 219 | 224 | 136 | 111 | 11 | 102 | 178 | 247 | 184 | — |
| Other Liabilities | 23 | 20 | 16 | 13 | 26 | 77 | 98 | 45 | 86 | 84 | 106 | 137 | — |
| Total Liabilities | 238 | 229 | 226 | 257 | 282 | 337 | 356 | 381 | 551 | 673 | 846 | 1,299 | — |
| Fixed Assets | 164 | 165 | 163 | 163 | 196 | 228 | 238 | 221 | 182 | 331 | 339 | 453 | — |
| CWIP | 2 | 3 | 7 | 26 | 10 | 5 | 0 | 0 | 74 | 0 | 45 | 78 | — |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 111 | 170 | 194 | 397 | — |
| Other Assets | 73 | 62 | 57 | 67 | 75 | 103 | 118 | 160 | 185 | 172 | 267 | 370 | — |
| Total Assets | 238 | 229 | 226 | 257 | 282 | 337 | 356 | 381 | 551 | 673 | 846 | 1,299 | — |
Cash Flows
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 12 | −13 | 34 | −1 | 33 | 125 | — | 13 | 39 | 44 | 4 | 133 |
| Cash from Investing Activity | −43 | −8 | −8 | −27 | −20 | −37 | — | −9 | −114 | −122 | −57 | −436 |
| Cash from Financing Activity | 32 | 22 | −27 | 28 | −12 | −51 | — | 25 | 87 | 67 | 52 | 305 |
| Net Cash Flow | 1 | 0 | −1 | 0 | 1 | 37 | — | 29 | 11 | −10 | −1 | 1 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 2.0 | 1.0 | 5.0 | 6.0 | 8.0 | 53.0 | 15.0 | 21.0 | 8.0 | 13.0 | 18.0 | 14.0 |
| ROE % | — | — | — | — | — | — | — | — | — | — | — | 12.9 |
| EPS (₹) | −13.26 | −20.35 | 0.60 | 3.80 | 11.29 | 136.59 | 36.74 | 67.51 | 42.98 | 69.18 | 6.36 | 7.41 |
| Book Value (₹) | — | — | — | — | — | — | — | — | — | — | — | 69.3 |
| Face Value (₹) | — | — | — | — | — | — | — | — | — | — | — | 2 |
| P/E | — | — | — | — | — | — | — | — | — | — | — | 40.7 |
| Div Yield % | — | — | — | — | — | — | — | — | — | — | — | 0.00 |
| NPM % | −10.1 | −13.3 | 0.0 | 1.6 | 4.5 | 30.2 | 13.3 | 16.8 | 12.5 | 15.5 | 23.9 | 26.5 |
| OPM % | 9.0 | 8.0 | 15.0 | 16.0 | 19.0 | 14.0 | 26.0 | 25.0 | 16.0 | 23.0 | 35.0 | 34.0 |
| D/E | 15.62 | 9.00 | 8.55 | 8.76 | 7.00 | 1.10 | 0.75 | 0.03 | 0.28 | 0.43 | 0.50 | 0.19 |
| P/B | — | — | — | — | — | — | — | — | — | — | — | 5.0 |
Growth
Compounded sales growth
10 years+14.0%
5 years+14.0%
3 years+19.0%
TTM+8.0%
Compounded profit growth
10 years+24.0%
5 years+32.0%
3 years+64.0%
TTM+41.0%
Stock price CAGR
10 years+4.0%
Last year−22.0%
Return on equity
10 years16.0%
5 years13.0%
3 years14.0%
Last year13.0%
Documents
Announcements
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderAnnouncement under Regulation 30 (LODR)-Credit RatingShareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGMCorporate actions
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman