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Electrotherm (India) Limited (ELECTHERM)

Electrical Equipment · NSE · end-of-day 2026-10-19
Close
₹662.00
Day change
-5.03%
1-year
-41.7%
From 52-week high
-46.2%
Weinstein stage
Stage 1
Minervini template
2/8
Electrotherm (India) Limited closed at ₹662.00 on 2026-10-19, down 42% over the past year, 46% below its 52-week high. It meets 2 of 8 conditions of Minervini's trend template; Weinstein's stage analysis reads stage 1 - basing; on earnings, it passes 2 of 5 SEPA checks. Over the year its annualised volatility was about 62%, with a largest fall of 52% from a peak.

About Electrotherm (India) Limited

Electrotherm (India) Limited provides electrical and industrial equipment, including induction furnaces, steel-making equipment, and related engineering solutions. Its products serve metal processing and other industrial applications. Increasing modernization of manufacturing facilities and demand for energy-efficient industrial equipment provide opportunities. Expansion of technology solutions and manufacturing capabilities can support growth. Industrial capex, steel cycles, raw-material costs, order inflows, and project execution remain important considerations.

Price, RSI and MACD

Price · -12.5% over the period
6287879461,1051,265Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
RSI (14) · 23.4
305070
MACD (12, 26, 9) · histogram -0.24
-90.3-38.712.964.5116.1
Price · -43.0% over the period
5157048931,0821,271Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
RSI (14) · 23.4
305070
MACD (12, 26, 9) · histogram -0.24
-90.3-38.712.964.5116.1
Price · -30.7% over the period
5037499951,2411,487Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Oct 26
RSI (14) · 23.4
305070
MACD (12, 26, 9) · histogram -0.24
-130.5-66.4-2.361.8125.8
Price · +442.4% over the period
23737441,1151,486Feb 24Jul 24Dec 24May 25Oct 25Mar 26Aug 26
RSI (14) · 23.4
305070
MACD (12, 26, 9) · histogram -0.24
-130.3-66.3-2.261.8125.8
Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market capSales (TTM)Net profit (TTM)P/EEPS (TTM)P/BROEROE previous yearROCEDebt / equityFree cash flowEV / EBITDABeta
₹843 cr₹3,771 cr₹-36 cr—-28.63—10.0%-94.1%0.1%-6.89₹253 cr43.31.39

Quarterly results

QuarterSales ₹ crNet profit ₹ crEPSEPS YoYSales YoYNet margin
Jun 202691375.44-75.0%+9.5%0.8%
Mar 20261,1401410.70-92.7%-1.8%1.2%
Dec 2025904-35-27.80-140.1%-16.4%-3.9%
Sep 2025814-22-16.97-136.3%+0.1%-2.7%
Jun 20258342821.78-74.5%-21.3%3.3%
Mar 20251,161186145.60+78.3%-4.6%16.0%
Dec 20241,0818869.34-17.5%-4.9%8.2%
Sep 20248146046.68-11.9%-17.4%7.3%
Consolidated · EPS restated onto today's share count after splits and bonuses · net profit as filed.

Minervini SEPA — earnings checks 2 of 5 pass

CheckResult
Latest quarter EPS up 25%+ on a year ago✗ Fail
EPS growth accelerating over 3 quarters✓ Pass
Sales up 25%+, or sales growth accelerating✓ Pass
Annual EPS up 25%+ in each of the last 2 years✗ Fail
Net margin above the same quarter last year✗ Fail

Investor methods

MethodChecksScoreVerdict
Minervini
✗ Close above the 150- and 200-day averages
✓ 150-day above 200-day
✗ 200-day rising for a month
✓ 50-day above the 150- and 200-day
✗ Close above the 50-day
✗ At least 25% above the 52-week low · low 555.35
✗ Within 25% of the 52-week high · high 1,230.50
✗ RS percentile 70 or more · RS 6
Trend template - the gate, measured: a modest 21-day edge.
2/82 of 8
Weinstein
Stan Weinstein's stage analysis on the 30-week moving average.
Stage 1 - basing
CAN SLIM
✗ C latest quarter EPS up 25%+
✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held
✗ N within 15% of the 52-week high · high 1,230.50
✓ S more volume on up days than down days (50 sessions) · 1.19x
✗ L RS percentile 80 or more · RS 6
— I institutional sponsorship rising · shareholding not collected yet
✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45%
William O'Neil's growth-leader checklist.
2/6Weak
Darvas
✗ New 52-week high in the last 120 sessions
Darvas needs a new 52-week high to start a box.
10/100No box
Turtle
✗ Close above the prior 55-session high · 1,075.00
✗ Close above the prior 20-session high · 947.00
✓ Close below the prior 20-session low · 676.00
Donchian channel breakout - the Turtle traders' entry.
Breakdown
Greenblatt
— Earnings yield (EBITDA / EV) · 2.3%
— Return on capital (ROCE) · 0.1%
Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately.
3/100Weak
Graham
Needs positive earnings and book value.
Not assessable
Piotroski
✗ Profitable (ROA > 0)
✓ Operating cash flow positive
✗ ROA rising
✓ Cash flow above net profit (earnings quality)
✓ Long-term debt / assets falling
✗ Current ratio rising · 0.53
✓ No new shares issued
✗ Margin rising (net margin)
✗ Asset turnover rising
Joseph Piotroski's F-score, FY 2025 -> 2026.
4/9Weak
Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Electrical Equipment sector — top 10 by 1-year return

Stock1M %3M %6M %1Y %3Y %5Y %P/EP/BROE %ROCE %ROA %D/EEV/EBITDA₹ CrSales TTM ₹ CrProfit TTM ₹ CrEPSBeta
ELECTHERM this stock-28.5-38.0-12.5-33.5+394.9+399.4——10.00.1—-6.8943.38433,771-36-28.61.39
MODISONLTD+3.6+60.2+224.7+204.5+480.5—13.64.7829.528.6—0.6910.51,53998011334.91.14
SBCL-8.8+33.9+91.9+110.0+82.4+415.354.311.9721.626.2—0.1241.95,76061610618.41.23
MARINE+14.0+69.8+108.9+89.0+457.8+1158.593.812.2713.018.2—0.1755.46,050969644.61.56
APARINDS-16.6+13.3+31.4+81.1+196.6+2119.654.611.7219.731.2—0.1633.863,216——293.41.17
RISHABH-9.6+5.2+44.8+80.7+33.1—26.43.5912.014.5—0.1017.92,67397310226.11.46
DENORA-9.2-19.4-12.3-8.4-56.9+105.530.92.927.39.6—0.0025.23771151223.01.05
SHIVALIK-12.3+48.5+20.4-20.0-53.5—37.60.862.14.6—0.1912.4514375208.71.10
BBL+9.6-9.6-14.4-22.1+26.8+246.824.51.356.18.2—0.1515.32,7342,35611299.00.80
SALZERELEC-11.3-16.9-22.3-41.6+21.0+202.019.81.469.311.5—0.909.58641,8154524.71.35
HPL-10.6-25.4-29.9-42.6+20.6+268.517.91.639.513.2—0.758.51,6351,9439214.21.71
A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.
For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.