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Earkart Overview

Earkart Limited is a HealthTech company focused on manufacturing and distributing modern hearing aids and assistive‑mobility devices. Its product lineup includes hearing aids (types like Behind‑the‑Ear, Receiver‑in‑Canal, etc.), accessories, and mobility aids like adjustable foldable walkers; it also offers multisensory educational/assistive‑device kits for the physically challenged. In addition to its own manufacturing (in a facility in Noida), Earkart trades in hearing‑aid products and parts from domestic and international brand...Read More

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Earkart Key Financials

Market Cap ₹204 Cr.

Stock P/E 30.7

P/B 3.2

Current Price ₹148.3

Book Value ₹ 46.9

Face Value 10

52W High ₹266

Dividend Yield 0%

52W Low ₹ 114.5

Earkart Share Price

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Volume
Price

Earkart Quarterly Price

Show Value Show %

Earkart Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Earkart Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 6 29 32 43
Other Income 0 0 0 0
Total Income 6 29 32 43
Total Expenditure 6 27 28 34
Operating Profit 0 2 4 10
Interest 0 0 0 0
Depreciation 0 0 0 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 0 1 3 9
Provision for Tax 0 0 0 2
Profit After Tax 0 1 3 7
Adjustments 0 0 0 0
Profit After Adjustments 0 1 3 7
Adjusted Earnings Per Share 0.1 1.7 4.1 6.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 34% 93% 0% 0%
Operating Profit CAGR 150% 0% 0% 0%
PAT CAGR 133% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 41% 32% 24% 24%
ROCE Average 44% 32% 25% 25%

Earkart Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 5 7 13 20
Minority's Interest 0 0 0 0
Borrowings 0 0 0 0
Other Non-Current Liabilities 0 0 0 0
Total Current Liabilities 1 8 6 10
Total Liabilities 6 15 19 30
Fixed Assets 0 0 1 1
Other Non-Current Assets 1 1 1 2
Total Current Assets 4 14 17 27
Total Assets 6 15 19 30

Earkart Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 1 1
Cash Flow from Operating Activities -3 -0 -1 1
Cash Flow from Investing Activities -2 0 -1 -1
Cash Flow from Financing Activities 5 0 3 -0
Net Cash Inflow / Outflow 0 1 1 -1
Closing Cash & Cash Equivalent 0 1 1 0

Earkart Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.14 1.74 4.05 6.36
CEPS(Rs) 0.22 1.94 4.3 6.78
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 6.29 8.65 17.22 18.86
Core EBITDA Margin(%) 2.44 5.65 11.26 22.26
EBIT Margin(%) 2.06 5.3 11.34 21.46
Pre Tax Margin(%) 1.97 5.02 10.22 20.44
PAT Margin (%) 1.86 4.54 9.63 15.41
Cash Profit Margin (%) 2.91 5.06 10.22 16.41
ROA(%) 1.78 12.72 18.04 26.86
ROE(%) 2.22 23.27 31.31 40.63
ROCE(%) 2.34 24.02 29.05 44.39
Receivable days 103.73 39.86 63.44 105.72
Inventory Days 47.96 39.38 67.28 54.05
Payable days 92.68 58.28 62.75 29.72
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.04 0.02 0.08 0.35
EV/Core EBITDA(x) 1.38 0.42 0.71 1.55
Net Sales Growth(%) 0 408.04 9.82 35.75
EBIT Growth(%) 0 1206.47 134.73 156.88
PAT Growth(%) 0 1142.42 133.09 117.16
EPS Growth(%) 0 1142.1 133.1 57.06
Debt/Equity(x) 0.05 0.19 0.31 0.25
Current Ratio(x) 3.69 1.67 2.76 2.62
Quick Ratio(x) 3.04 0.99 1.75 1.99
Interest Cover(x) 22.58 18.84 10.1 21.05
Total Debt/Mcap(x) 0 0 0 0

Earkart Shareholding Pattern

# Sep 2025 Mar 2026
Promoter 57.34 57.34
FII 5.14 0
DII 12.61 21.95
Public 24.9 20.71
Others 0 0
Total 100 100

Earkart News

Earkart Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 32%
  • Debtor days have improved from 62.75 to 29.72days.
  • Company is almost debt free.

Cons

  • Stock is trading at 3.2 times its book value.
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