Eppeltone Engineers Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹168 Cr
- P/E
- 13.67
- ROE
- 18.85%
- PEG
- 0.11
- Price to sales
- 1.25
- Debt to equity
- 0.43
- 52W high / low
- ₹221 / ₹91.1
- Sales growth (5Y)
- 28.76%
- EBITDA margin
- 14.41%
- Net profit margin
- 9.15%
- Promoter holding
- 37.57%
- Sales (last year)
- ₹135 Cr
Founded in 1977, Eppeltone Engineers Limited specializes in manufacturing electronic energy meters, including smart meters, alongside various power conditioning devices.[1]
Guidance scorecard · Q4 FY26 call
What Eppeltone Engineers Ltd's management guided
and where it ranks in Electrical Equipment
Electrical Equipment
RevenueQ2 FY26 call
20–40%- Target revenue growth of 30% to 40% in FY26 compared to FY25; optimistic about strong H2 performance to reach this target.
- Plant capacity utilization currently 50-60%, expected to ramp up with new automated facility mid-FY27.
- New facility (60,000 sq ft, fully automated) expected to support ₹500-600 crore annual revenue by FY28.
- Company plans to expand product portfolio into gas meters, water meters, railway equipment, and integrated installation services, contributing to revenue growth.
- Gas meter market forecasted to grow from ₹200-250 crore to ₹1,200 crore in next 5-7 years.
2 more points from Eppeltone Engineers Ltd's call on revenue
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MarginsQ2 FY26 call
FlatSee what Eppeltone Engineers Ltd said on margins — free account, 30 seconds.
CapexQ2 FY26 call
Planned- EEPL plans to invest around ₹12-14 crores in CapEx for a new automated plant (~60,000 sq ft), including RCC and PEB structures.
- The new facility will include one additional SMT line alongside the existing two.
- The new fully automated plant targets annual revenue potential of ₹500-600 crores.
- The new facility is expected to be operational by mid-FY27, with full capacity utilization by FY28.
- CapEx funding will primarily come from internal accruals; debt may be taken if needed.
- Strategic focus includes geographic expansion, broader product portfolio (gas, water meters, railway equipment), and efficiency improvements through automation.
2 more points from Eppeltone Engineers Ltd's call on capex
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FundraisingQ2 FY26 call
PlannedSee what Eppeltone Engineers Ltd said on fundraising — free account, 30 seconds.
Order bookQ2 FY26 call
Rising- Current order book stands at approximately ₹410 crores with an execution period of 18 to 24 months.
- The company has submitted new bids totaling around ₹600 crores, with some expected to close in the next month or two.
- EPC business bids are in the approval stage; once approved (expected around February FY26), the company will be eligible to quote for tenders.
2 more points from Eppeltone Engineers Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Electrical Equipment
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Electrical Equipment companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹72,673 Cr | 18.1 | |
| 2 | 40%+ | Up 2%+ | ₹21,700 Cr | 158.1 | |
| 3 | 40%+ | Up 2%+ | ₹491 Cr | 12.2 | |
| 4 | 40%+ | Up 0–2% | ₹12,434 Cr | 48.4 | |
| 5 | 40%+ | Up 0–2% | ₹2,042 Cr | 35.4 | |
| 6 | 40%+ | Up 0–2% | ₹529 Cr | 7.0 |
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Pro shows every company guiding 40%+ revenue growth →Full Electrical Equipment rankingFinancials of Eppeltone Engineers Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Eppeltone Engineers Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of Eppeltone Engineers Ltd
Profit & Loss
Annual income statement trend
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| Sales + | 38 | 82 | 73 | 78 | 124 | 120 |
| Expenses + | 36 | 81 | 70 | 65 | 106 | 101 |
| Operating Profit | 2 | 2 | 3 | 13 | 18 | 19 |
| OPM % | 5% | 2% | 4% | 17% | 14% | 16% |
| Other Income + | 1 | 0 | 0 | 2 | 1 | 1 |
| Interest | 1 | 1 | 1 | 2 | 3 | 2 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 0 | 2 | 12 | 15 | 17 |
| Tax % | -18% | 36% | 28% | 22% | 29% | |
| Net Profit + | 1 | 0 | 1 | 9 | 11 | 13 |
| EPS in Rs | 2.73 | 0.60 | 2.73 | 21.50 | 11.51 | 12.39 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Financials of Eppeltone Engineers Ltd
Balance Sheet
Capital structure and asset base
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 10 | 13 |
| Reserves | 6 | 6 | 8 | 20 | 30 | 72 |
| Borrowings + | 11 | 11 | 13 | 16 | 31 | 30 |
| Other Liabilities + | 17 | 12 | 20 | 30 | 53 | 55 |
| Total Liabilities | 39 | 34 | 44 | 70 | 124 | 170 |
| Fixed Assets + | 7 | 8 | 9 | 13 | 20 | 33 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 32 | 26 | 35 | 57 | 104 | 136 |
| Total Assets | 39 | 34 | 44 | 70 | 124 | 170 |
Financials of Eppeltone Engineers Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | 1 | 2 | 0 | 3 | -8 |
| Cash from Investing Activity + | -1 | -2 | -1 | -5 | -8 |
| Cash from Financing Activity + | 0 | -1 | 1 | 6 | 15 |
| Net Cash Flow | -0 | -0 | 0 | 4 | -1 |
| Free Cash Flow | -0 | 1 | -1 | -2 | -17 |
| CFO/OP | 75% | 171% | 21% | 35% | -27% |
Financials of Eppeltone Engineers Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 179 | 36 | 83 | 127 | 80 |
| Inventory Days | 93 | 56 | 68 | 104 | 205 |
| Days Payable | 193 | 38 | 93 | 171 | 206 |
| Cash Conversion Cycle | 79 | 54 | 58 | 60 | 79 |
| Working Capital Days | 75 | 30 | 34 | 47 | 54 |
| ROCE % | 6% | 11% | 43% | 32% |
Continue your research
What Eppeltone Engineers Ltd's management said in earlier quarters
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