Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹182 Cr.
Stock P/E
10.1
P/B
0.6
Current Price
₹1.6
Book Value
₹ 2.8
Face Value
1
52W High
₹2.8
52W Low
₹ 1
Dividend Yield
0%

Empower India Overview

Business

Empower India Ltd. operates in the IT - Hardware sector in India. As an IT hardware company, its core business likely involves the design, manufacturing, assembly, distribution, and sale of various information technology hardware products. This could include personal computers, servers, storage devices, networking equipment, peripherals, and potentially components for these systems. The company generates revenue primarily through the direct sale of these hardware products to enterprise clients (B2B), government agencies, educational institutions, and potentially retail consumers (B2C), often complemented by after-sales service and support contracts.

Revenue Mix

Specific segment information for Empower India Ltd. is not provided. However, a typical IT Hardware company might have segments such as:

Computing Devices: (e.g., Desktops, Laptops, Workstations)

Servers & Storage: (e.g., Enterprise servers, data storage solutions)

Networking & Communications: (e.g., Routers, Switches, Wi-Fi equipment)

Peripherals & Accessories: (e.g., Printers, Monitors, Keyboards)

Services: (e.g., Installation, maintenance, support contracts)

The revenue mix would depend on the company's strategic focus, whether it's more geared towards enterprise solutions, consumer electronics, or specific hardware components.

Industry

The IT Hardware industry in India is dynamic and highly competitive, characterized by the presence of large multinational corporations (MNCs) as well as numerous domestic manufacturers, assemblers, and distributors. The market is fragmented across various product categories and price points. Empower India Ltd.'s positioning within this landscape would depend on its specific product portfolio, target customer base (e.g., value segment, premium segment, niche enterprise solutions), and distribution capabilities. Without specific details, it could be a local assembler leveraging cost advantages, a distributor of imported hardware, or a manufacturer with specific intellectual property in certain hardware components. The industry is also influenced by government procurement policies and initiatives like "Make in India."

MOAT

Without specific company details, potential competitive advantages (moats) for an IT Hardware company in India could include:

Distribution Network: A robust and widespread distribution and service network across India could provide a significant advantage, especially in reaching Tier 2/3 cities and rural markets.

Cost Efficiency: Ability to manufacture or assemble hardware at a lower cost due to local sourcing, efficient supply chain management, or economies of scale, allowing for competitive pricing.

Brand Recognition: While harder to build against global giants, a strong local brand in specific product categories or customer segments could foster loyalty.

Customer Relationships & Switching Costs: For enterprise clients, integrated solutions and deep relationships can create switching costs due to setup complexity, training, and compatibility issues.

Growth Drivers

Key factors that can drive growth for Empower India Ltd. over the next 3-5 years include:

Digital India & Government Initiatives: Continued government push for digitalization, e-governance, and smart city projects drives demand for IT hardware.

Enterprise IT Spending: Increasing adoption of cloud computing, data analytics, AI, and cybersecurity solutions by businesses necessitates upgrades and expansion of underlying hardware infrastructure.

Consumer Demand: A growing middle class, rising disposable incomes, and increasing internet penetration fuel demand for personal computing devices and peripherals.

Work-from-Home/Hybrid Models: Continued prevalence of remote work trends necessitates upgrades to personal and enterprise hardware for employees.

Data Center Expansion: Growth in data consumption and cloud services leads to higher demand for servers, storage, and networking equipment.

"Make in India" Push: Government policies promoting domestic manufacturing can create opportunities through incentives and preferential procurement.

Risks

Key business risks for Empower India Ltd. include:

Intense Competition: Facing stiff competition from well-established global players and aggressive domestic rivals, leading to pricing pressure and margin erosion.

Technological Obsolescence: Rapid advancements in technology can quickly render existing hardware obsolete, requiring continuous R&D investment and inventory management.

Supply Chain Disruptions: Reliance on global supply chains for components can lead to shortages, price volatility, and production delays (e.g., semiconductor shortages).

Currency Fluctuations: A significant portion of components might be imported, making the company vulnerable to adverse foreign exchange rate movements.

Economic Slowdown: A downturn in the Indian economy could lead to reduced IT spending by businesses and consumers.

Regulatory Changes: Changes in government policies, import duties, or electronics manufacturing schemes could impact profitability.

Management & Ownership

Information regarding the promoters, specific management team, and ownership structure of Empower India Ltd. is not provided. In India, promoter groups often play a significant role in the strategic direction and operations of companies. The quality of management, including their vision, execution capabilities, and ability to navigate a competitive and rapidly evolving industry, would be crucial for the company's success. Ownership structure would typically include the promoter group, institutional investors, and public shareholders.

Outlook

The outlook for Empower India Ltd. is largely tied to the broader growth trajectory of India's digital economy and the IT hardware market. The company benefits from strong secular tailwinds such as increasing digitalization, enterprise IT spending, and government initiatives. Its ability to carve out a sustainable niche, whether through cost leadership, a robust distribution network, or specialized product offerings, will be key. However, the industry is marked by intense competition, rapid technological change, and global supply chain vulnerabilities, which can put significant pressure on margins and require constant innovation. Success will depend on effective management of these challenges, prudent capital allocation, and a clear strategy to differentiate itself in a crowded market.

Empower India Share Price

Live · BSE / NSE · Inception: 1981
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Empower India Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 87 38 46 24 16 27 35 48 44 37
Other Income 3 0 0 1 5 2 0 1 14 2
Total Income 90 38 46 25 21 28 35 49 59 39
Total Expenditure 88 36 44 24 21 28 32 47 45 38
Operating Profit 3 2 2 1 0 0 3 1 14 1
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3 2 2 1 0 0 3 1 14 1
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax 2 2 2 1 -0 0 3 1 14 1
Adjustments -0 0 0 0 0 0 0 0 -0 -0
Profit After Adjustments 2 2 2 1 -0 0 3 1 14 1
Adjusted Earnings Per Share 0 0 0 0 -0 0 0 0 0.1 0

Empower India Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 103 90 28 1 0 0 6 10 117 124 153 164
Other Income 0 0 0 0 0 0 0 0 3 6 17 17
Total Income 103 90 28 1 0 0 6 10 120 129 170 182
Total Expenditure 103 85 28 1 0 0 6 10 113 124 152 162
Operating Profit 0 5 0 0 -0 -0 -0 0 7 6 18 19
Interest 0 5 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 -13 -8 0 0 0 0 0 0
Profit Before Tax -0 0 -0 0 -13 -8 -0 0 7 6 18 19
Provision for Tax 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Tax -0 0 -0 0 -13 -8 -0 0 7 5 18 19
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 0 -0 0 -13 -8 -0 0 7 5 18 19
Adjusted Earnings Per Share -0 0 -0 0 -0.1 -0.1 -0 0 0.1 0 0.2 0.1

Empower India Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 364 355 338 338 267 259 293 293 300 304 322
Minority's Interest 28 39 0 0 -0 -0 -0 -0 -0 0 0
Borrowings 43 42 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 35 48 218 200 194 2 4 6 16 63 107
Total Liabilities 470 484 556 539 461 261 297 298 316 367 429
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 461 475 371 368 292 255 291 293 301 309 323
Total Current Assets 8 8 186 171 169 6 6 6 15 58 106
Total Assets 470 484 556 539 461 261 297 298 316 367 429

Empower India Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 2 4 3 1 1 0 0 0 0 1 39
Cash Flow from Operating Activities 8 5 -10 -1 14 -23 -16 -1 -6 18 -36
Cash Flow from Investing Activities -31 -7 -34 5 -15 189 189 1 8 0 -10
Cash Flow from Financing Activities 25 1 42 -4 0 -166 -166 1 -1 21 15
Net Cash Inflow / Outflow 2 -0 -2 0 -1 -0 8 0 1 39 -31
Closing Cash & Cash Equivalent 4 3 1 1 0 0 8 0 1 39 8

Empower India Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) -0 0 -0 0 -0.12 -0.07 -0 0 0.06 0.04 0.15
CEPS(Rs) -0 0 0 0 -0.12 -0.07 -0 0 0.06 0.04 0.15
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 3.13 3.05 2.91 2.91 2.29 2.22 2.52 2.52 2.58 2.62 2.77
Core EBITDA Margin(%) -0.07 5.91 0.22 -19.58 -520.57 0 -1.37 1.87 3.24 -0.01 0.86
EBIT Margin(%) -0.13 5.79 0.01 5.85 0 0 -1.37 2.12 6.01 4.49 11.8
Pre Tax Margin(%) -0.14 0.15 -0.2 4.36 0 0 -1.38 2.06 6 4.49 11.8
PAT Margin (%) -0.2 0.05 -0.21 3.26 0 0 -1.38 1.64 5.92 4.21 11.74
Cash Profit Margin (%) -0.05 0.18 0.22 3.26 0 0 -1.38 1.64 5.92 4.21 11.74
ROA(%) -0.05 0.01 -0.01 0.01 -2.68 -2.12 -0.03 0.05 2.25 1.53 4.52
ROE(%) -0.06 0.01 -0.02 0.01 -4.44 -2.91 -0.03 0.05 2.33 1.73 5.75
ROCE(%) -0.04 1.3 0 0.01 -2.86 -2.21 -0.03 0.07 2.36 1.78 5.29
Receivable days 27.07 2.19 68.83 2105.92 0 0 0 0 14.02 7.9 48.56
Inventory Days 12.89 17.15 63.95 2063.11 0 0 296.72 194.96 17.26 25.1 59.52
Payable days 137.56 161.8 612.33 0 0 0 174.79 168.33 33.39 82.67 133.52
PER(x) 0 1293.76 0 633.33 0 0 0 221.43 51.85 33.48 6.65
Price/Book(x) 0.11 0.16 0.17 0.07 0.08 0.07 0.06 0.12 1.2 0.57 0.37
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.78 1.06 8.05 204.33 3363.11 0 2.73 3.78 3.06 1.26 0.96
EV/Core EBITDA(x) 3309.98 17.94 1834.7 3495.74 -646.04 -171.93 -199.93 178.37 50.98 28.08 8.15
Net Sales Growth(%) -4.45 -11.93 -68.92 -96.74 -93.89 -100 0 52.92 1100.05 6.08 23.79
EBIT Growth(%) 22.55 3896.09 -99.96 2447.62 0 43.04 98.86 336.78 3305.78 -20.77 225.47
PAT Growth(%) -235.58 121 -233.63 150.59 0 43.05 98.85 282 4225.84 -24.51 245.16
EPS Growth(%) -238.46 121.04 -232.02 160 0 43.07 98.78 275 4142.86 -24.58 245.54
Debt/Equity(x) 0.12 0.12 0.5 0.49 0.62 0 0 0 0 0.07 0.11
Current Ratio(x) 0.23 0.18 0.85 0.85 0.87 2.67 1.34 1.04 0.91 0.92 0.99
Quick Ratio(x) 0.12 0.08 0.83 0.83 0.84 0.17 0.09 0.1 0.56 0.75 0.63
Interest Cover(x) -25.27 1.03 0.04 3.93 -2631.51 -5460.07 -108.75 36.14 2192.47 0 0
Total Debt/Mcap(x) 1.05 0.74 2.98 7.51 7.51 0 0 0.02 0 0.12 0.3

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +23% +148% — +4%
Operating Profit CAGR +200% — — —
PAT CAGR +260% — — —
Share Price CAGR -29% +9% +60% +12%
ROE Average +6% +3% +2% 0%
ROCE Average +5% +3% +2% +1%

Empower India Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 15.02 %
FII 0.03 %
DII (MF + Insurance) 0 %
Public (retail) 84.96 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 15.0215.0215.0215.0215.0215.0215.0215.0215.0215.02
FII 0.250.030.030.030.030.030.030.030.030.03
DII 0000000000
Public 84.7384.9684.9684.9684.9684.9684.9684.9684.9684.96
Others 0000000000
Total 100100100100100100100100100100

Empower India Peer Comparison

IT - Hardware Edit Columns

Empower India Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Empower India Pros & Cons

Pros

  • Stock is trading at 0.6 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 15.02%.
  • Company has a low return on equity of 3% over the last 3 years.
  • Debtor days have increased from 82.67 to 133.52days.
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