Eon Electric share price

BSE: 532658Consumer Durables

Eon Electric Ltd · Formerly Indo Asian Fusegear · Face value ₹5 · Listed Aug 2005

Trading suspended since 27 Oct 2020

Last traded ₹6.40 on 26 Oct 2020

Latest announcements

Routine notices left out.

Share price history

Daily closes since Jun 2012, BSE closes Jan 2007 to Jul 2010, in Jul 2012, in Apr 2013, in Apr 2013, in May 2013, in May 2013, in May 2013, in May 2013, in May 2013, in Jun 2013, in Jun 2013, in Jun 2013, in Jun 2013, in Jun 2013, in Jul 2013, in Jul 2013, in Jul 2013, in Aug 2013, in Aug 2013, in Aug 2013, in Sep 2013, in Sep 2013, in Sep 2013, in Sep 2013, in Oct 2013, in Oct 2013, in Oct 2013, in Nov 2013, in Nov 2013, in Nov 2013, in Nov 2013, in Nov 2013 and in Dec 2013, adjusted for splits and bonuses. Earlier closes are left out: on 8 May 2012 a demerger changed the share, and its terms are not stated.

Daily close, ₹ per share

Q3 results, quarter to Dec 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹1.87 Cr−93.2% on a year ago · +73.2% on the quarter before
Operating profit
−₹22 Cr
Net profit
−₹24 Cr
Earnings per share
−₹14.15
Operating margin
−1,173.4%
Net margin
−1,277.1%

From revenue to net profit, ₹ crore

  1. Revenue1.9
  2. Materials and goods−8.5
  3. Employee costs−2.3
  4. Other expenses−13
  5. Operating profit−22
  6. Depreciation−0.5
  7. Other income+0.1
  8. Finance costs−1.6
  9. Profit before tax−24
  10. Tax0.0
  11. Net profit−24

Eon Electric results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2019. Results for the quarter to Mar 2020 were due by 30 May 2020, 60 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
491.0Mar 17420.6Jun 17390.3Sep 17410.5Dec 1736−0.9Mar 1815−8.1Jun 1817−5.7Sep 1827−3.5Dec 1818−6.3Mar 195.3−8.4Jun 191.1−16Sep 191.9−24Dec 19
A loss in 8 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
7.5%−1,508.8%4.6%5.1%6.2%7.5%4.3%−38.2%−37.1%−8.6%−30.1%−119.4%−1,444.2%−1,173.4%2.1%1.3%0.7%1.2%−2.4%−55.7%−32.8%−12.9%−35.0%−158.7%−1,508.8%−1,277.1%Mar 17Sep 17Mar 18Sep 18Mar 19Sep 19Dec 19
₹ croreMar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3
Revenue from operations37.833.841.946.352.744.845.050.049.442.039.541.136.114.517.327.418.15.31.11.9
45.636.343.944.451.042.943.547.647.139.837.038.034.520.123.729.723.611.616.723.9
Materials and goods bought33.924.331.530.736.930.429.031.831.026.025.025.621.710.614.822.310.55.15.28.5
Employee costs4.94.95.25.05.05.0––––5.45.85.84.94.53.73.73.12.82.3
Other expenses6.97.17.28.79.07.6––––6.66.77.14.64.53.79.43.48.813.1
Operating profit before depreciation−7.8−2.5−2.01.91.81.81.52.42.32.12.53.11.6−5.5−6.4−2.3−5.5−6.3−15.6−22.0
Operating margin−20.6%−7.5%−4.7%4.1%3.3%4.1%3.4%4.8%4.6%5.1%6.2%7.5%4.3%−38.2%−37.1%−8.6%−30.1%−119.4%−1,444.2%−1,173.4%
Depreciation and amortisation0.50.50.50.50.50.50.50.50.50.50.50.50.50.50.50.50.50.40.50.5
Other income2.11.72.21.72.01.92.21.51.61.61.41.01.20.84.31.00.90.20.20.1
Finance costs2.02.12.22.52.32.22.32.42.42.72.82.92.93.22.92.21.91.91.61.6
Profit before one-off items and tax−8.1−3.4−2.50.51.01.00.91.00.90.40.50.6−0.7−8.4−5.6−4.1−6.9−8.5−17.4−23.9
One-off items−3.2––0.3–––––––––0.00.00.00.00.00.00.0
Profit before tax−11.4−3.4−2.50.81.01.00.91.00.90.40.50.6−0.7−8.4−5.6−4.1−6.9−8.5−17.4−23.9
0.00.00.00.0−0.1−0.10.00.0−0.1−0.10.30.10.2−0.40.1−0.6−0.6−0.1−1.10.0
Tax rate–––−3.0%−5.7%−5.0%−1.2%−1.5%−10.2%−29.1%50.7%15.0%––––––––
Net profit−11.4−3.4−2.50.81.11.10.91.01.00.60.30.5−0.9−8.1−5.7−3.5−6.3−8.4−16.3−23.9
Other comprehensive income–––––––––––––−0.1−0.30.20.00.2−0.10.2
Total comprehensive income–––––––––––––−8.2−5.9−3.4−6.3−8.2−16.4−23.7
Net margin−30.1%−10.1%−5.9%1.8%2.0%2.4%2.0%1.9%2.1%1.3%0.7%1.2%−2.4%−55.7%−32.8%−12.9%−35.0%−158.7%−1,508.8%−1,277.1%
Earnings per share––––₹0.66₹0.67₹0.57₹0.60₹0.65₹0.34₹0.16₹0.30−₹0.53−₹4.78−₹3.35−₹2.09−₹3.75−₹4.97−₹9.65−₹14.15
Earnings per share in rupees, restated for later splits and bonuses.

The quarters either side of a change of basis do not compare. From the quarter to Sep 2017, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
2302.9Mar 10121263Mar 1157−17Mar 12156−20Mar 13137−23Mar 14129−20Mar 15175−4.0Mar 161894.0Mar 171590.4Mar 1877−2449Mar 19
A loss in the year to Mar 2019, −₹24 CrA loss in 6 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
218.5%−52.3%7.7%−42.0%−52.3%−14.5%−15.9%−14.2%−0.5%4.3%5.8%−25.5%1.2%218.5%−29.9%−12.7%−17.1%−15.8%−2.3%2.1%0.3%−31.0%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

The years either side of a change of basis do not compare. From the year to Mar 2013, part of the business was demerged on 8 May 2012, and figures before the change include the part that left.

Results for the year to Mar 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue77
  2. Materials and goods−58
  3. Employee costs−17
  4. Other expenses−22
  5. Operating profit−20
  6. Depreciation−2.0
  7. Other income+6.7
  8. One-off items0.0
  9. Finance costs−10
  10. Profit before tax−25
  11. Tax+1.4
  12. Net profit−24

What the company owns

  • Receivables₹91 Cr
  • Plant, investments and other assets₹51 Cr
  • Inventory₹44 Cr
  • Current investments₹8 Cr
  • Cash and bank₹5 Cr

What pays for it: net worth and liabilities

  • Net worth₹101 Cr
  • Borrowings₹49 Cr
  • Owed to suppliers₹30 Cr
  • Other liabilities₹19 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Dec 2019, the latest four quarters added.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Dec 2019Twelve months
Revenue from operations230121571561371291751891597726
212171861791581471761811499776
Materials and goods bought1278452127107103123122985829
Employee costs30211519201820––1712
Other expenses56662032312732––2235
Operating profit before depreciation18−51−30−23−22−18−189−20−49
Operating margin7.7%−42.0%−52.3%−14.5%−15.9%−14.2%−0.5%4.3%5.8%−25.5%−187.1%
Materials, % of revenue55.0%69.9%92.0%81.6%78.1%79.6%70.7%––75.2%110.8%
Employee costs, % of revenue12.9%17.3%25.8%12.2%14.8%14.0%11.5%––21.7%44.9%
Other expenses, % of revenue24.4%54.7%34.6%20.7%22.9%20.6%18.4%––28.6%131.4%
Depreciation and amortisation75523222222
Operating profit after depreciation11−56−35−25−25−20−367−22−51
Other income11112286887571
Finance costs18713679911107
Profit before one-off items and tax4−52−13−19−24−20−441−25−57
One-off items–––––10––00
Profit before tax4−52−13−19−24−19−441−25−57
1−141−11000−1−2
Net profit3263−17−20−23−20−440−24−55
Other comprehensive income–––––––––00
Total comprehensive income–––––––––−24−55
Net margin1.2%218.5%−29.9%−12.7%−17.1%−15.8%−2.3%2.1%0.3%−31.0%−208.4%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2017 and Mar 2018 they do not, so they are left blank.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019
101
Share capital8
Reserves93
49
89
10
Total assets199
43
156
Net debt36
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Earnings per share₹159.16−₹10.03−₹12.33−₹14.60–−₹2.50₹2.49₹0.27−₹14.19
Diluted earnings per share₹157.43−₹10.03−₹12.33−₹14.60–−₹2.50₹2.49₹0.27−₹14.19
Dividend per share₹10.00––––––––
Book value per share––––––––₹59.73
Dividend payout6.4%––––––––
Market cap at the year end (₹ crore)127574131–83108–66

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth−11.7%−47.6%−53.1%–−12.4%−5.5%35.2%8.4%−16.2%−51.3%
Operating profit growth−36.5%–––––––14.9%–
Net profit growth−49.4%9,138.6%––––––−89.1%–
Earnings per share growth––––––––−89.2%–
Return on equity–––––––––−23.8%
Return on capital employed–––––––––−14.5%
Interest cover0.6––––––0.60.6–
Debt to equity–––––––––0.49
Receivable days–––––––––429
Inventory days–––––––––278
Payable days–––––––––186
Cash conversion cycle, days–––––––––521
Working capital days–––––––––473
Asset turnover–––––––––0.39
Assets per rupee of net worth–––––––––1.97
Sales per rupee of plant–––––––––2.63
Plant being built, % of plant in use–––––––––0.0%
Interest cover is left blank for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016 and Mar 2019: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the year to Mar 2013: between the two periods the company demerged a business, so the two are on different bases and the change is not worked out. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2019.

Return on assets, latest year
−12.0%
Measure10 years5 years3 years
Revenue growth, yearly rate–−10.8%−23.8%
Operating margin, average−14.7%−6.0%−5.1%
Net margin, average11.3%−9.4%−9.5%
Interest cover, average––0.6

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Effective tax ratePublished threshold 17.16 per cent27.26–––––––––
A threshold marked as ours has no published figure; it is the line we read the check against.

Credit ratings

An agency's view of the chance the company repays a borrowing on time, from AAA, the highest, down to D, in default.

DateAgencyBorrowing ratedRatingOutlookAmount, ₹ Cr
12 Dec 2025CRISIL Ratings LimitedBank FacilitiesLong-term scaleCrisil D(Issuer Not Cooperating)Rating continues at the same level40
12 Dec 2025CRISIL Ratings LimitedBank FacilitiesShort-term scaleCrisil D(Issuer Not Cooperating)Rating continues at the same level35
12 Dec 2025CRISIL Ratings LimitedBank FacilitiesLong-term scaleCrisil D(Issuer Not Cooperating)Rating continues at the same level10
12 Dec 2025CRISIL Ratings LimitedBank FacilitiesLong-term scaleCrisil D(Issuer Not Cooperating)Rating continues at the same level15
The latest rating on each borrowing. The agency's name opens its reasoning for the rating.

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−46.3%––0.0%
3 years−8.9%––0.0%
5 years+15.1%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Eon Electric dividend calendar

Each payment in the month it went ex, as declared, ₹ a share at the time. Years running counted to the year to Mar 2019.

Dividends by the month each went ex
YearJanFebMarAprMayJunJulAugSepOctNovDecIn the year
2010₹10.00₹10.00

Interim or final dividendSpecial dividendNone that month

Eon Electric dividend history

Every payment with its ex-date and record date, year by year.

2010

  • Oct20Wed

    ₹10.00Special

    Ex-date 20 Oct 2010 · record date 21 Oct 2010

    8.58%of the price

Grouped by the calendar year each went ex, so a year's total here can differ from the year it was paid for above. Of the price is the dividend as a share of the close on the session before its ex-date.

Eon Electric share price by year

Each calendar year to 2020.

YearClose at year endChangeHighest closeLowest close
20206.40−52.6%15.555.90
201913.50−67.4%53.5012.30
201841.45−64.1%116.9538.05
2017115.60+102.8%134.4557.45
201657.00−29.0%81.8545.70
201580.30+109.9%87.4533.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2020 close is its last trade, on 26 Oct 2020.

Recent sessions

The 10 trading days to 26 Oct 2020, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
26 Oct 20207.007.006.406.406.65353
19 Oct 20206.756.756.156.706.7410,475
12 Oct 20206.256.456.256.456.454,021
5 Oct 20205.706.155.656.155.9911,517
28 Sep 20205.906.205.905.906.103,292
21 Sep 20206.206.506.206.206.241,321
14 Sep 20206.606.606.506.506.544,741
7 Sep 20207.157.156.806.806.84193
31 Aug 20207.157.507.157.157.244,372
24 Aug 20207.507.507.207.507.292,007
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
8 May 2012Demerger–Part of the business became a separate company and the number of shares changed by an amount the filings do not state, so earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

BSE code
532658
ISIN
INE076H01025
Industry
Consumer Durables
Former symbols
EON, EONELECT, INDOASIFU
CIN
L31200HR1989PLC035580
Corporate identity number, the registrar of companies' code for it
Incorporated
1989
Registered office
House No. 1048, Sector 14, Sonepat 131001, Haryana
Share registrar
Alankit Assignments Ltd
Keeps the register of shareholders and handles transfers and dividend payments