WEBSITE BSE:544421 NSE: ELLEN Inc. Year: 1973 Industry: Industrial Gases & Fuels
Last updated: 14:29
Ellenbarrie Industrial Gases Ltd. (EIGL) is one of India’s oldest industrial gas manufacturers, with over 50 years of operations and the largest fully Indian-owned player in the sector. The company operates one of India’s biggest oxygen plants (1250 TPD) and had a revenue market share of 2.65% in FY24. EIGL supplies a wide range of gases—oxygen, nitrogen, argon, helium, hydrogen, CO₂, nitrous oxide and more—serving industries like steel, shipbuilding, glass, pharma, welding and fabrication. It is also a key supplier to India’s space...Read More
Ellenbarrie Industrial Gases Ltd. (EIGL) is one of India’s oldest industrial gas manufacturers, with over 50 years of operations and the largest fully Indian-owned player in the sector. The company operates one of India’s biggest oxygen plants (1250 TPD) and had a revenue market share of 2.65% in FY24. EIGL supplies a wide range of gases—oxygen, nitrogen, argon, helium, hydrogen, CO₂, nitrous oxide and more—serving industries like steel, shipbuilding, glass, pharma, welding and fabrication. It is also a key supplier to India’s space and defence programs and offers specialized products such as synthetic air for environmental monitoring. Ellenbarrie Industrial Gases Ltd. Unlisted Share Price are updated on our website on a daily basis. To stay updated, visit our website regularly or register with us for WhatsApp updates. ...Read Less
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Market Cap ₹4946 Cr.
Stock P/E 59.4
P/B 5.5
Current Price ₹351
Book Value ₹ 63.8
Face Value 2
52W High ₹637
Dividend Yield 0%
52W Low ₹ 339.2
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Jun 2024 | Sep 2024 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 25 | 23 | 23 | 24 | 29 | 24 | 67 | 95 | 84 | 89 |
| Other Income | 0 | 0 | 1 | 0 | -0 | 0 | 8 | 7 | 7 | 13 |
| Total Income | 25 | 23 | 24 | 24 | 29 | 25 | 75 | 102 | 90 | 102 |
| Total Expenditure | 23 | 21 | 22 | 20 | 23 | 20 | 45 | 58 | 53 | 56 |
| Operating Profit | 2 | 2 | 3 | 4 | 6 | 5 | 30 | 43 | 38 | 46 |
| Interest | 4 | 3 | 5 | 3 | 3 | 2 | 4 | 4 | 5 | 1 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 5 | 5 | 5 | 5 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -4 | -3 | -4 | -1 | 2 | 1 | 21 | 34 | 28 | 40 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 9 | 3 |
| Profit After Tax | -4 | -3 | -4 | -1 | 2 | 1 | 16 | 30 | 19 | 37 |
| Adjustments | 4 | 3 | 4 | 1 | -2 | -1 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 16 | 30 | 19 | 37 |
| Adjusted Earnings Per Share | -0.3 | -0.2 | -0.3 | -0.1 | 0.1 | 0.1 | 1.2 | 2.3 | 1.3 | 2.6 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 87 | 96 | 116 | 123 | 154 | 174 | 175 | 245 | 205 | 269 | 312 | 335 |
| Other Income | 6 | 4 | 2 | 3 | 2 | 123 | 5 | 11 | 19 | 21 | 36 | 35 |
| Total Income | 93 | 100 | 119 | 126 | 156 | 297 | 180 | 256 | 224 | 290 | 348 | 369 |
| Total Expenditure | 83 | 90 | 100 | 105 | 125 | 149 | 129 | 164 | 171 | 208 | 203 | 212 |
| Operating Profit | 10 | 9 | 19 | 21 | 31 | 148 | 51 | 92 | 52 | 82 | 146 | 157 |
| Interest | 13 | 16 | 11 | 11 | 14 | 17 | 11 | 5 | 4 | 8 | 17 | 14 |
| Depreciation | 5 | 7 | 7 | 7 | 10 | 11 | 13 | 12 | 11 | 10 | 21 | 20 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -9 | -13 | 0 | 2 | 7 | 120 | 27 | 85 | 37 | 64 | 108 | 123 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 30 | 3 | 18 | 9 | 19 | 25 | 22 |
| Profit After Tax | -9 | -13 | 0 | 2 | 7 | 89 | 24 | 67 | 28 | 45 | 83 | 102 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -9 | -13 | 0 | 2 | 7 | 89 | 24 | 67 | 28 | 45 | 83 | 102 |
| Adjusted Earnings Per Share | -0.7 | -1 | 0 | 0.2 | 0.6 | 6.8 | 1.8 | 5.1 | 2.1 | 3.5 | 6.4 | 7.4 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 16% | 8% | 12% | 14% |
| Operating Profit CAGR | 78% | 17% | -0% | 31% |
| PAT CAGR | 84% | 7% | -1% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | NA% | NA% | NA% | 0% |
| ROE Average | 19% | 14% | 18% | 37% |
| ROCE Average | 20% | 15% | 18% | 16% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 13 | 31 | 22 | 24 | 31 | 124 | 148 | 338 | 363 | 410 | 493 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 125 | 131 | 114 | 145 | 142 | 112 | 86 | 0 | 56 | 95 | 147 |
| Other Non-Current Liabilities | 0 | 0 | 5 | 5 | 7 | 40 | 41 | 56 | 67 | 56 | 91 |
| Total Current Liabilities | 100 | 67 | 90 | 87 | 102 | 71 | 96 | 50 | 107 | 135 | 161 |
| Total Liabilities | 238 | 229 | 231 | 262 | 282 | 346 | 371 | 444 | 592 | 697 | 891 |
| Fixed Assets | 164 | 165 | 163 | 163 | 196 | 229 | 238 | 187 | 184 | 331 | 339 |
| Other Non-Current Assets | 2 | 3 | 17 | 38 | 17 | 25 | 24 | 92 | 196 | 112 | 331 |
| Total Current Assets | 73 | 62 | 51 | 60 | 68 | 93 | 109 | 164 | 212 | 254 | 222 |
| Total Assets | 238 | 229 | 231 | 262 | 282 | 346 | 371 | 444 | 592 | 697 | 891 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 1 | 2 | 0 | 1 | 1 | 2 | 39 | 1 | 0 | 11 | 1 |
| Cash Flow from Operating Activities | 12 | -13 | 34 | -1 | 33 | 125 | 71 | 31 | 39 | 44 | 4 |
| Cash Flow from Investing Activities | -43 | -8 | -8 | -27 | -20 | -37 | -14 | -41 | -114 | -122 | -57 |
| Cash Flow from Financing Activities | 32 | 22 | -26 | 28 | -12 | -51 | -34 | 10 | 87 | 67 | 52 |
| Net Cash Inflow / Outflow | 1 | -0 | 0 | -0 | 1 | 37 | 22 | -0 | 11 | -10 | -1 |
| Closing Cash & Cash Equivalent | 2 | 2 | 1 | 1 | 2 | 39 | 62 | 0 | 11 | 1 | 0 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -0.66 | -1.02 | 0.03 | 0.19 | 0.56 | 6.83 | 1.84 | 5.13 | 2.15 | 3.46 | 6.36 |
| CEPS(Rs) | -0.26 | -0.47 | 0.56 | 0.75 | 1.33 | 7.63 | 2.82 | 6.01 | 3.02 | 4.22 | 7.94 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | -0.78 | -0.23 | -0.1 | 0.1 | 0.63 | 7.69 | 9.5 | 24.07 | 25.96 | 29.53 | 35.91 |
| Core EBITDA Margin(%) | 4.51 | 5.66 | 14.01 | 14.63 | 19.28 | 14.4 | 26.36 | 32.94 | 16.41 | 22.86 | 35.15 |
| EBIT Margin(%) | 4.78 | 2.27 | 10.08 | 11.02 | 13.78 | 78.65 | 21.77 | 36.61 | 19.93 | 26.84 | 40.02 |
| Pre Tax Margin(%) | -9.18 | -12.87 | 0.33 | 2.03 | 4.79 | 68.61 | 15.68 | 34.72 | 18.17 | 23.83 | 34.51 |
| PAT Margin (%) | -9.18 | -12.87 | 0.33 | 2.03 | 4.79 | 51.31 | 13.73 | 27.46 | 13.72 | 16.81 | 26.65 |
| Cash Profit Margin (%) | -3.6 | -6 | 6.37 | 7.94 | 11.27 | 57.36 | 21.09 | 32.17 | 19.27 | 20.52 | 33.28 |
| ROA(%) | -4.1 | -5.7 | 0.17 | 1.01 | 2.72 | 28.48 | 6.71 | 16.49 | 5.43 | 7.03 | 10.49 |
| ROE(%) | 0 | 0 | 0 | 0 | 155.5 | 164.16 | 21.37 | 30.56 | 8.59 | 12.47 | 19.44 |
| ROCE(%) | 2.72 | 1.24 | 6.27 | 6.82 | 9.82 | 59.76 | 15.44 | 30.72 | 10.66 | 14.4 | 19.55 |
| Receivable days | 74.08 | 88.75 | 84.03 | 90.22 | 73.7 | 69.64 | 67.77 | 48.24 | 67.38 | 57.37 | 74.72 |
| Inventory Days | 35.68 | 35.93 | 18.88 | 10.83 | 8.07 | 7.95 | 9.59 | 10.25 | 15.23 | 13.16 | 14.72 |
| Payable days | 128.85 | 112.74 | 71.84 | 89.02 | 175.53 | 350.62 | 502.39 | 223.42 | 238 | 117.6 | 162.43 |
| PER(x) | 0 | 0 | 523.65 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Price/Book(x) | -36.33 | -67.71 | -150.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 6.55 | 4.08 | 3.35 | 1.73 | 1.33 | 0.57 | 0.42 | 0.06 | 0.45 | 0.67 | 0.86 |
| EV/Core EBITDA(x) | 58.45 | 41.37 | 20.76 | 10.24 | 6.54 | 0.67 | 1.46 | 0.15 | 1.78 | 2.18 | 1.84 |
| Net Sales Growth(%) | 28.66 | 9.95 | 20.93 | 6.09 | 25.32 | 12.92 | 0.5 | 39.65 | -16.14 | 31.38 | 15.96 |
| EBIT Growth(%) | 121.18 | -47.88 | 397.28 | 16.02 | 56.64 | 544.68 | -72.19 | 134.89 | -54.35 | 76.92 | 72.92 |
| PAT Growth(%) | 68.07 | -53.48 | 102.91 | 543 | 196.13 | 1110.01 | -73.1 | 179.23 | -58.09 | 60.93 | 83.91 |
| EPS Growth(%) | 68.07 | -53.49 | 102.91 | 543.92 | 195.96 | 1110.07 | -73.1 | 179.36 | -58.09 | 60.93 | 83.91 |
| Debt/Equity(x) | -19.85 | 23.83 | -139.52 | 165.83 | 25.94 | 1.35 | 1.07 | 0.03 | 0.3 | 0.46 | 0.52 |
| Current Ratio(x) | 0.73 | 0.92 | 0.57 | 0.69 | 0.67 | 1.31 | 1.14 | 3.28 | 1.99 | 1.87 | 1.38 |
| Quick Ratio(x) | 0.61 | 0.8 | 0.52 | 0.65 | 0.64 | 1.25 | 1.09 | 3.11 | 1.91 | 1.79 | 1.29 |
| Interest Cover(x) | 0.34 | 0.15 | 1.03 | 1.23 | 1.53 | 7.84 | 3.58 | 19.33 | 11.31 | 8.93 | 7.26 |
| Total Debt/Mcap(x) | 0.55 | 0.87 | 0.93 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 74.94 | 74.94 | 74.94 | 74.94 | 0 | 74.94 | 74.94 | 29.65 | 77.16 | 77.16 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.97 | 1.2 |
| DII | 0.62 | 0.62 | 0.62 | 0.62 | 2.47 | 0.62 | 0.62 | 0.24 | 10.57 | 14.37 |
| Public | 24.44 | 24.44 | 24.44 | 24.44 | 97.53 | 24.44 | 24.44 | 70.1 | 10.3 | 7.27 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.49 | 0.49 | 0.49 | 0.49 | 0 | 0.49 | 0.49 | 0.49 | 10.87 | 10.87 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.28 | 0.17 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.49 | 2.03 |
| Public | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 1.16 | 1.45 | 1.02 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.65 | 0.65 | 0.65 | 0.65 | 0.16 | 0.65 | 0.65 | 1.65 | 14.09 | 14.09 |
* The pros and cons are machine generated.
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