---
title: "Fedders Electric & Engineering Ltd (FEDDERELEC) — Share Price, Financials & Analysis"
symbol: "FEDDERELEC"
company: "Fedders Electric & Engineering Ltd"
canonical: "https://tapetide.com/stocks/FEDDERELEC"
isin: "INE249C01011"
nse_symbol: "FEDDERELEC"
bse_code: "500139"
sector: "Industrials"
industry: "Construction"
generated_at: "2026-09-13T18:45:16.984Z"
---

# Fedders Electric & Engineering Ltd (FEDDERELEC)

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

## Company

- **NSE Symbol:** FEDDERELEC
- **BSE Code:** 500139
- **ISIN:** INE249C01011
- **Sector:** Industrials
- **Industry:** Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** fedderselectric.com

## About

Fedders Electric & Engineering Ltd. is the largest manufacturer of heat exchanger in India

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.02 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Contingent liabilities of Rs.12.6 Cr.
- Earnings include an other income of Rs.74.8 Cr.
- Company has high debtors of 173 days.
- Working capital days have increased from 252 days to 354 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 52% | 11% | 22% |
| revenue growth | -30% | 109% | 43% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 56 | 74 | 124 | 188 | 140 | 142 | 85 | 89 | 109 | 77 | 53 | 80 |
| Expenses | 48 | 73 | 113 | 149 | 136 | 124 | 88 | 88 | 107 | 70 | 53 | 77 |
| Operating Profit | 8 | 1 | 11 | 39 | 4 | 18 | -3 | 1 | 1 | 7 | 1 | 2 |
| OPM % | 14 | 0.9 | 9 | 21 | 2.5 | 13 | -3.3 | 0.6 | 1.3 | 9 | 1.8 | 2.7 |
| Other Income | 8 | 4 | 23 | 4 | 10 | 4 | 13 | 5 | 9 | 12 | 17 | 37 |
| Interest | 0 | 1 | 1 | 1 | 2 | 1 | 2 | 1 | 2 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 15 | 3 | 33 | 41 | 11 | 20 | 7 | 4 | 8 | 17 | 16 | 37 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 8 | -11 | -3 | 0 | 7 | 0 |
| Net Profit | 15 | 3 | 33 | 41 | 11 | 20 | 7 | 4 | 8 | 17 | 14 | 37 |
| EPS in Rs | 4.37 | 0.95 | 9.71 | 12.07 | 3.34 | 5.99 | 1.99 | 1.17 | 2.3 | 4.89 | 4.27 | 10.82 |

### Profit & Loss

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1354 | 1237 | 130 | 70 | 17 | 46 | 115 | 525 | 424 | 319 |
| Expenses | 1248 | 1688 | 618 | 100 | 49 | 77 | 108 | 471 | 405 | 308 |
| Operating Profit | 105 | -451 | -488 | -30 | -31 | -31 | 7 | 54 | 19 | 12 |
| OPM % | 8 | -36 | -374 | -42 | -179 | -66 | 6 | 10 | 4.5 | 3.6 |
| Other Income | 3 | 46 | 2 | 1 | 0 | 789 | 18 | 41 | 29 | 75 |
| Interest | 65 | 73 | 31 | 10 | 8 | 2 | 0 | 4 | 6 | 6 |
| Depreciation | 13 | 18 | 18 | 18 | 18 | 10 | 2 | 2 | 3 | 4 |
| Profit before tax | 30 | -496 | -536 | -56 | -56 | 747 | 23 | 89 | 39 | 77 |
| Tax % | 34 | 0 | 0 | -2 | -4 | 0 | 0 | 0 | 0 | — |
| Net Profit | 20 | -496 | -534 | -55 | -54 | 749 | 23 | 89 | 39 | 76 |
| EPS in Rs | 5.83 | -146.01 | -157.34 | -16.33 | -15.9 | 220.41 | 6.73 | 26.07 | 11.45 | 22.28 |
| Dividend Payout % | 17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 34 | 34 | 34 | 34 | 34 | 30 | 30 | 30 | 30 | 88 |
| Reserves | 422 | -78 | -612 | -668 | -722 | 86 | 109 | 279 | 524 | 557 |
| Borrowings | 465 | 432 | 739 | 760 | 788 | 3 | 32 | 76 | 137 | 62 |
| Other Liabilities | 260 | 539 | 537 | 524 | 521 | 20 | 25 | 22 | 40 | 56 |
| Total Liabilities | 1181 | 928 | 698 | 650 | 622 | 138 | 196 | 407 | 732 | 763 |
| Fixed Assets | 256 | 241 | 184 | 159 | 141 | 66 | 65 | 94 | 109 | 108 |
| CWIP | 12 | 1 | 0 | 0 | 0 | 0 | 2 | 3 | 30 | 50 |
| Investments | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 34 |
| Other Assets | 911 | 685 | 513 | 490 | 479 | 71 | 127 | 307 | 589 | 571 |
| Total Assets | 1181 | 928 | 698 | 650 | 622 | 138 | 196 | 407 | 732 | 763 |

### Cash Flow

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

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 65 | 86 | 92 | — | -27 | -26 | -61 | -30 | -121 | -145 |
| Cash from Investing Activity | -8 | -8 | 9 | — | 7 | 0 | 65 | -6 | -3 | -47 |
| Cash from Financing Activity | -65 | -80 | -83 | — | 7 | 26 | -4 | 29 | 122 | 261 |
| Net Cash Flow | -8 | -3 | 17 | — | -13 | 0 | 0 | -7 | -2 | 70 |
| Free Cash Flow | 56 | 77 | 100 | — | -20 | -26 | 4 | -36 | -129 | -191 |
| CFO/OP | 79 | 98 | -21 | — | 92 | 82 | 200 | -446 | -224 | -755 |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 155 | 122 | 75 | 371 | 595 | 2109 | 299 | 203 | 99 | 173 |
| Inventory Days | 169 | 121 | 21 | 83 | 175 | 610 | 61 | 27 | 18 | 24 |
| Days Payable | 79 | 63 | 81 | 752 | 1789 | 6450 | 9 | 21 | 3 | 6 |
| Cash Conversion Cycle | 245 | 180 | 15 | -298 | -1019 | -3731 | 351 | 210 | 114 | 191 |
| Working Capital Days | 67 | 57 | -86 | -2147 | -4069 | -17262 | 391 | 234 | 169 | 354 |
| ROCE % | 10 | 10 | -71 | -184 | -33 | -43 | 26 | 14 | 26 | 8 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.96% | 51.96% | 51.96% | 51.96% | 51.96% | 100% | 100% | 100% | 100% | 100% |
| DIIs | 0.13% | 0.15% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 47.91% | 47.89% | 48.04% | 48.04% | 48.04% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 27186 | 29650 | 28631 | 28989 | 29057 | 7 | 7 | 7 | 7 | 7 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| No. of Shareholders | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.21 | Buy |
| EMA (10) | 2.23 | Sell |
| SMA (20) | 2.31 | Sell |
| EMA (20) | 2.29 | Sell |
| SMA (50) | 2.51 | Sell |
| EMA (50) | 2.45 | Sell |
| SMA (100) | 2.65 | Sell |
| EMA (100) | 2.57 | Sell |
| SMA (200) | 2.61 | Sell |
| EMA (200) | 2.72 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.66 | Neutral |
| MACD (12,26,9) | -0.09 | Sell |
| Stochastic (14,3,3) | 52.84 | Neutral |
| ADX (14) | 36.74 | Buy |
| Williams %R (14) | -38.64 | Neutral |
| ATR (14) | 0.15 | High Volatility |
| ROC (12) | -3.88 | Sell |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 63.38 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_3074_FEDDERLOYD_2012_2013_09122013110351.zip) |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_FEDDERLOYD_2011_2012_08012013112020.zip) |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_FEDDERLOYD_2010_2011_27022012101516.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_FEDDERLOYD_2009_2010_30122010111255.zip) |
| from nse | [Annual Report 2008 from nse](https://archives.nseindia.com/annual_reports/AR_FEDDERLOYD_2007_2008_29092009111205.zip) |
| from nse | [Annual Report 2007 from nse](https://archives.nseindia.com/annual_reports/AR_FEDDERLOYD_2006_2007_29092009110510.zip) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport//5001390318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport//5001390317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport//5001390316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport//5001390615.pdf) |

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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 2026-09-13T18:45:16.984Z.