---
title: "Electrex India Ltd (ELECTRX) — Share Price, Financials & Analysis"
symbol: "ELECTRX"
company: "Electrex India Ltd"
canonical: "https://tapetide.com/stocks/ELECTRX"
sector: "Industrials"
industry: "Industrial Manufacturing"
generated_at: "2026-09-13T18:46:38.922Z"
---

# Electrex India Ltd (ELECTRX)

Canonical page: https://tapetide.com/stocks/ELECTRX

## Company

- **Sector:** Industrials
- **Industry:** Industrial Manufacturing
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company has high debtors of 304 days.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 122% |
| revenue growth | 177% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | 0.07 | 0.17 | 0.17 | 0 | 0.02 |
| Expenses | 0 | 0 | 0.01 | 0.01 | 0.12 | 0.05 | 0.19 | 0.18 | 0.16 | 0.06 | 0.03 | 0.02 |
| Operating Profit | 0 | 0 | -0.01 | -0.01 | -0.12 | -0.05 | -0.13 | -0.11 | 0.01 | 0.11 | -0.03 | 0 |
| OPM % | — | — | — | — | — | — | -216.67 | -157.14 | 5.88 | 64.71 | — | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | -0.01 | -0.01 | -0.12 | -0.05 | -0.13 | -0.11 | 0.01 | 0.11 | -0.03 | 0 |
| Tax % | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | 0 | 0 | -0.01 | -0.01 | -0.12 | -0.05 | -0.13 | -0.11 | 0.01 | 0.11 | -0.03 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | TTM |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 35.61 | 0 | 0 | 0 | 0.06 | 0.36 |
| Expenses | 35.83 | 0.01 | 0.01 | 0.01 | 0.19 | 0.27 |
| Operating Profit | -0.22 | -0.01 | -0.01 | -0.01 | -0.13 | 0.09 |
| OPM % | -0.62 | — | — | — | -216.67 | 25 |
| Other Income | 4.77 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0.52 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 12.49 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -8.46 | -0.01 | -0.01 | -0.01 | -0.13 | 0.09 |
| Tax % | 0.35 | 0 | 0 | 0 | 0 | — |
| Net Profit | -8.49 | -0.01 | -0.01 | -0.01 | -0.13 | 0.09 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Sep 2017 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 9.46 | 9.46 | 9.46 | 9.46 | 9.46 | 9.46 |
| Reserves | -254.3 | -176.71 | -165.71 | -155.73 | -155.86 | -155.97 |
| Borrowings | 257.92 | 167.64 | 156.63 | 146.63 | 146.63 | 102.34 |
| Other Liabilities | 74.54 | 40.27 | 40.28 | 40.32 | 40.56 | 84.94 |
| Total Liabilities | 87.62 | 40.66 | 40.66 | 40.68 | 40.79 | 40.77 |
| Fixed Assets | 66.48 | 40.65 | 40.65 | 40.65 | 40.67 | 40.67 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 21.14 | 0.01 | 0.01 | 0.03 | 0.12 | 0.1 |
| Total Assets | 87.62 | 40.66 | 40.66 | 40.68 | 40.79 | 40.77 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 5.72 | 0 | 0 | 0 | 0 |
| Cash from Investing Activity | 0.7 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | -6.53 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -0.11 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 6.42 | 0 | 0 | 0 | 0 |
| CFO/OP | -2600 | 0 | 0 | 0 | 0 |

### Ratios

| Item | Mar 2006 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 26.34 | — | — | — | 304.17 |
| Inventory Days | 134.91 | — | — | — | — |
| Days Payable | 481.77 | — | — | — | — |
| Cash Conversion Cycle | -320.52 | — | — | — | 304.17 |
| Working Capital Days | -549.91 | — | — | — | -246131.67 |
| ROCE % | — | — | -2.6 | — | -44.07 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Sep 2018 |
| --- | --- | --- | --- |
| Promoters | 21.57% | 21.57% | 21.57% |
| DIIs | 0.5% | 0.5% | 0.5% |
| Public | 77.93% | 77.93% | 77.93% |
| No. of Shareholders | 7188 | 7188 | 7188 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 21.57% | 21.57% | 21.57% | 21.57% | 21.57% | 21.57% | 21.57% | 21.57% | 21.57% | 21.57% |
| DIIs | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% |
| Public | 77.93% | 77.93% | 77.93% | 77.93% | 77.93% | 77.93% | 77.93% | 77.93% | 77.93% | 77.93% |
| No. of Shareholders | 7188 | 7188 | 7188 | 7188 | 7188 | 7188 | 7188 | 7188 | 7188 | 7188 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 55.04 | Sell |
| EMA (10) | 53.76 | Sell |
| SMA (20) | 59.33 | Sell |
| EMA (20) | 58.02 | Sell |
| SMA (50) | 65.95 | Sell |
| EMA (50) | 64.41 | Sell |
| SMA (100) | 72.82 | Sell |
| EMA (100) | 70.44 | Sell |
| SMA (200) | 79.71 | Sell |
| EMA (200) | 82.88 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 27.57 | Buy |
| MACD (12,26,9) | -4.91 | Sell |
| Stochastic (14,3,3) | 3.41 | Buy |
| ADX (14) | 20.47 | Neutral |
| Williams %R (14) | -95.11 | Buy |
| ATR (14) | 5.39 | High Volatility |
| ROC (12) | -32.27 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 26.47 | Buy |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:46:38.922Z.