Price
Financials
Standalone, Rs crore| 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 | 24 | 29 | 24 | 67 | 95 | 68 | 82 | 84 | 89 | 81 | 87 | 99 |
| Expenses | 20 | 23 | 20 | 45 | 58 | 41 | 58 | 53 | 56 | 56 | 60 | 61 |
| Operating Profit | 4 | 6 | 5 | 22 | 36 | 27 | 25 | 31 | 33 | 25 | 27 | 38 |
| OPM % | 16% | 22% | 20% | 33% | 38% | 40% | 30% | 37% | 38% | 31% | 31% | 38% |
| Other Income | 0 | -0 | 0 | 8 | 7 | 9 | 11 | 7 | 13 | 16 | 15 | 17 |
| Interest | 3 | 3 | 2 | 4 | 4 | 4 | 5 | 5 | 1 | 1 | 2 | 2 |
| Depreciation | 2 | 2 | 2 | 5 | 5 | 5 | 6 | 5 | 5 | 5 | 6 | 6 |
| Profit before tax | -1 | 2 | 1 | 21 | 34 | 28 | 24 | 28 | 40 | 34 | 33 | 46 |
| Tax % | 0% | 0% | 0% | 23% | 14% | 32% | 24% | 33% | 8% | 24% | 31% | 25% |
| Net Profit | -1 | 2 | 1 | 16 | 30 | 19 | 18 | 19 | 37 | 26 | 23 | 35 |
| EPS in Rs | -1.54 | 2.46 | 1.33 | 1.24 | 2.26 | 1.47 | 1.39 | 1.33 | 2.61 | 1.85 | 1.62 | 2.48 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 96 | 116 | 123 | 154 | 174 | 175 | 247 | 205 | 269 | 312 | 342 | 357 |
| Expenses | 88 | 99 | 103 | 125 | 149 | 129 | 184 | 171 | 208 | 203 | 225 | 234 |
| Operating Profit | 8 | 17 | 20 | 30 | 25 | 46 | 63 | 34 | 62 | 110 | 117 | 123 |
| OPM % | 8% | 15% | 16% | 19% | 14% | 26% | 25% | 16% | 23% | 35% | 34% | 35% |
| Other Income | 2 | 2 | 1 | 2 | 121 | 5 | 15 | 19 | 21 | 36 | 50 | 60 |
| Interest | 16 | 11 | 11 | 14 | 16 | 10 | 4 | 4 | 8 | 17 | 10 | 7 |
| Depreciation | 7 | 7 | 7 | 10 | 11 | 13 | 12 | 11 | 10 | 21 | 21 | 23 |
| Profit before tax | -13 | 0 | 2 | 7 | 120 | 27 | 62 | 37 | 64 | 108 | 135 | 154 |
| Tax % | 0% | 0% | 0% | 0% | 25% | 12% | 29% | 24% | 29% | 23% | 23% | |
| Net Profit | -13 | 0 | 2 | 7 | 89 | 24 | 44 | 28 | 45 | 83 | 104 | 121 |
| EPS in Rs | -20.35 | 0.60 | 3.80 | 11.29 | 136.59 | 36.74 | 67.51 | 42.98 | 69.18 | 6.36 | 7.41 | 8.56 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 14% | 14% | 19% | 8% | ||
| Compounded Profit Growth | 24% | 32% | 64% | 41% | ||
| Stock Price CAGR | 5% | % | % | -23% | ||
| Return on Equity | 16% | 13% | 14% | 13% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 |
| 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 | |
| Free Cash Flow | -31 | -22 | 25 | -29 | 13 | 88 | -0 | -56 | -42 | -65 | -25 | |
| CFO/OP | 156% | -169% | 203% | -5% | 113% | 516% | 69% | 147% | 81% | 11% | 135% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 105 | 95 | 89 | 96 | 70 | 77 | 59 | 52 | 70 | 61 | 97 | 68 |
| Inventory Days | 258 | 169 | 79 | 62 | 67 | 100 | 91 | 119 | 73 | 145 | 131 | |
| Days Payable | 133 | 94 | 55 | 128 | 213 | 524 | 108 | 249 | 118 | 144 | 135 | |
| Cash Conversion Cycle | 230 | 170 | 113 | 30 | -75 | 77 | -366 | 35 | -60 | 17 | 98 | 63 |
| Working Capital Days | 204 | 152 | 102 | 131 | 77 | -45 | -107 | 17 | -27 | -64 | -33 | -46 |
| ROCE % | 2% | 1% | 5% | 6% | 8% | 53% | 15% | 21% | 8% | 13% | 18% | 14% |
| Jun 2016 | Sep 2016 | Dec 2016 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.94% | 74.94% | 29.65% | 77.16% | 77.16% | 77.16% | 77.15% | 77.15% |
| FIIs | 0.00% | 0.00% | 0.00% | 1.98% | 1.20% | 0.83% | 1.31% | 1.08% |
| DIIs | 0.00% | 0.00% | 0.00% | 10.57% | 14.37% | 15.42% | 13.02% | 11.63% |
| Government | 0.62% | 0.62% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 24.44% | 24.44% | 70.10% | 10.29% | 7.27% | 6.58% | 8.53% | 10.15% |
| No. of Shareholders | 309 | 308 | 327 | 2,08,118 | 55,926 | 53,001 | 52,776 | 54,735 |
Fundamentals
Market Cap₹ 5,205 Cr.
Current Price₹ 369
Stock P/E43.2
Book Value₹ 69.3
ROCE14.5 %
ROE12.9 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)41%
Standalone figures.
Valuation
Market capRs 4,816 Cr
Enterprise valueRs 4,928 Cr
P/E (TTM)39.92x
Price to book4.93x
Price to sales13.50x
EV / EBITDA26.87x
EV / EBIT30.66x
EV / sales13.82x
Price to cash flow36.33x
Earnings yield2.51%
P/E, 3-year average26.63x
P/B, 3-year average3.86x
P/E, 5-year average18.34x
P/B, 5-year average2.55x
Profitability
Operating margin (excl. other income)34.16%
Operating margin (incl. other income)48.80%
EBITDA margin51.43%
Pre-tax margin43.15%
Net profit margin33.83%
Net margin, latest quarter35.41%
ROE14.20%
ROCE15.27%
ROA9.73%
ROE, 3-year average14.79%
ROCE, 3-year average15.94%
ROA, 3-year average9.37%
ROE, 5-year average14.24%
ROCE, 5-year average16.06%
ROA, 5-year average9.23%
ROIC (approx.)11.39%
Tax rate22.83%
Other income / net worth5.12%
Growth
Sales growth (latest year)9.31%
Profit growth (latest year)25.35%
Sales CAGR, 3 years18.53%
Sales CAGR, 5 years14.29%
Profit CAGR, 3 years54.81%
Profit CAGR, 5 years34.13%
Sales growth QoQ12.91%
Profit growth QoQ52.80%
Sales growth YoY (latest quarter)18.04%
Profit growth YoY (latest quarter)86.85%
Per share
EPS (TTM)Rs 8.56
EPS (latest year)Rs 7.41
EPS (latest quarter)Rs 2.48
EPS, 3-year averageRs 27.65
EPS, 5-year averageRs 38.69
Book value per shareRs 69.33
Sales per shareRs 25.31
Cash flow per shareRs 9.40
Free cash flow per shareRs -1.77
Efficiency
Asset turnover0.26x
Fixed asset turnover0.75x
Inventory turnover8.84x
Inventory days41 days
Debtor days68 days
Debtors turnover5.40x
Creditor days135 days
Cash conversion cycle63 days
Working capital days-46 days
Leverage
Total debtRs 184 Cr
Cash and bankRs 72 Cr
Net debtRs 112 Cr
Debt to equity0.19x
Net debt / EBITDA0.61x
Interest coverage23.53x
Current ratio (filing 2026-03-31)1.60x
Quick ratio (filing 2026-03-31)1.53x
Trade payables (filing 2026-03-31)Rs 15 Cr
Owners' fund to total sources75.23%
Debt to assets14.20%
Cash flow
Cash from Operating Activity (latest year)Rs 133 Cr
Cash from Investing Activity (latest year)Rs -436 Cr
Cash from Financing Activity (latest year)Rs 305 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -25 Cr
FCFE (approx.: FCF + change in debt)Rs -87 Cr
Cash from ops / profit, 5 years0.77x
Sales to cash flow2.58x
Statement figures
Net sales (TTM)Rs 357 Cr
Net sales (latest year)Rs 342 Cr
Sales (latest quarter)Rs 99 Cr
Operating profit excl. other income (latest year)Rs 117 Cr
Operating profit (latest quarter)Rs 38 Cr
Other income (TTM)Rs 60 Cr
EBITDA (TTM)Rs 183 Cr
PBDT (TTM)Rs 177 Cr
Profit before tax (TTM)Rs 154 Cr
Tax (latest year)Rs 31 Cr
Net profit (TTM)Rs 121 Cr
Net profit (latest year)Rs 104 Cr
Net profit (latest quarter)Rs 35 Cr
Depreciation (TTM)Rs 23 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 125 Cr
Total expenditure (latest year)Rs 225 Cr
Total income (latest year)Rs 392 Cr
Share capitalRs 28 Cr
ReservesRs 949 Cr
Shareholders' fundsRs 977 Cr
Total assetsRs 1,299 Cr
Net blockRs 453 Cr
Capital work in progressRs 78 Cr
InvestmentsRs 397 Cr
ReceivablesRs 63 Cr
InventoryRs 14 Cr
Other liabilitiesRs 137 Cr
Shares outstanding (crore)14.09
Ownership
Promoter holding77.15% (-0.01 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | ELLEN | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.5% | -2.8% | -1.7 pts |
| 1 month | +8.3% | -6.8% | +15.1 pts |
| 3 months | +30.8% | -7.6% | +38.4 pts |
| 6 months | +73.0% | +0.4% | +72.6 pts |
| 1 year | -31.3% | -9.9% | -21.3 pts |
| 3 years | +10.2% | +14.2% | -3.9 pts |
| 5 years | +10.2% | +27.9% | -17.7 pts |
17 mutual fund schemes hold about ₹435 Cr.
Over three months 1 bought more and 9 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Motilal Oswal Multi Cap Fund | 2.76% | 129 | -28% |
| Motilal Oswal Business Cycle Fund | 6.37% | 98 | -12% |
| Axis Small Cap Fund | 0.24% | 76 | -13% |
| Sundaram Small Cap Fund | 1.18% | 49 | +15% |
| Tata Resources & Energy Fund | 1.29% | 18 | -10% |
| Tata Infrastructure Fund | 0.68% | 14 | -3% |
| Tata Infrastructure Fund | 0.68% | 14 | -3% |
| Nippon India Retirement Fund-Wealth Creation | 0.40% | 13 | -15% |
| Bandhan Small Cap Fund | 0.04% | 12 | -24% |
| Axis Innovation Fund | 0.64% | 9 | -18% |
| Motilal Oswal Nifty Microcap 250 Index Fund | 0.10% | 3 | -14% |
| Groww Nifty Total Market Index Fund | 0.01% | 0 | |
| Angel One Nifty Total Market Index Fund | 0.01% | 0 | |
| Mirae Asset Nifty Total Market Index Fund | 0.01% | 0 | |
| Bandhan Mid Cap Fund | 0.00% | 0 | -100% |
| Bandhan Nifty Total Market Index Fund | 0.01% | 0 | |
| Motilal Oswal BSE 1000 Index Fund | 0.01% | 0 |
Red flags
F-score 4 of 8| explain | Share dilution Share count up 8% in a year, 2068% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹99 Cr +17.9% vs Jun 2025.
Net profit ₹35 Cr +84.2%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Linde India Ltd | 52,869 | 96.3 | 18.2 % |
| Steamhouse India Ltd | 3,058 | 79.2 | 16.0 % |
| Stallion India Fluorochemicals Ltd | 2,548 | 49.0 | 11.8 % |
| Hilltone Software & Gases Ltd | 51 | 0.79 % | |
| National Oxygen Ltd | 26 | -21.5 % | |
| Bhagawati Gas Ltd | 15 | 15.0 | 6.10 % |
| Gagan Gases Ltd | 9 | 37.0 | 5.57 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 months
Quick answers
What is the market cap of Ellenbarrie Industrial Gases Ltd?
Ellenbarrie Industrial Gases Ltd (ELLEN) has a market capitalisation of Rs 5,205 Cr. at the 2026-10-01 close.
What is the P/E ratio of Ellenbarrie Industrial Gases Ltd?
Ellenbarrie Industrial Gases Ltd trades at a P/E of 43.2 on trailing twelve-month profit, at the 2026-10-01 close.
What were Ellenbarrie Industrial Gases Ltd's latest quarterly results?
In the Jun 2026 quarter, Ellenbarrie Industrial Gases Ltd sales was Rs 99 Cr (+17.9% vs Jun 2025) and net profit was Rs 35 Cr.
What is the 52-week high and low of Ellenbarrie Industrial Gases Ltd?
The 52-week high is Rs 484.20 and the 52-week low is Rs 175.00.