Electro Force (India) (EFORCE)₹17.00+2.10%Other Electrical Equipment
In the Mar 2026 quarter (standalone), Electro Force (India) reported sales of ₹9.69 Cr, down 73.8% from Mar 2025, and net profit of −₹0.24 Cr, down 120.2% year on year. For the year to Mar 2026, sales were ₹19.29 Cr and net profit ₹0.64 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 17.99 | 23.18 | 13.38 | 15.63 | 36.93 | 9.60 | 9.69 |
| Expenses | 11.26 | 13.30 | 14.68 | 15.15 | 35.81 | 9.49 | 10.48 |
| Operating Profit | 6.64 | 9.76 | −1.35 | 0.40 | 0.95 | 0.05 | −0.84 |
| OPM % | 37.2% | 42.4% | −10.2% | 2.6% | 2.6% | 0.6% | −8.8% |
| Other Income | 0.05 | 0.05 | 0.11 | 0.02 | 0.94 | 1.38 | 0.81 |
| Interest | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.06 | 0.04 |
| Depreciation | 0.36 | 0.31 | 0.34 | 0.28 | 0.28 | 0.23 | 0.23 |
| Profit before tax | 6.33 | 9.47 | −1.60 | 0.13 | 1.59 | 1.15 | −0.29 |
| Tax % | 29.6% | 25.1% | −16.2% | 28.6% | 26.8% | 25.8% | −20.0% |
| Net Profit | 4.48 | 7.12 | −1.37 | 0.11 | 1.19 | 0.87 | −0.24 |
| EPS (Rs) | 2.56 | 4.07 | −0.57 | 0.03 | 0.49 | 0.36 | −0.09 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 14.53 | 15.73 | 34.53 | 30.33 | 36.58 | 52.56 | 19.29 |
| Expenses | 14.79 | 17.21 | 22.97 | 18.52 | 27.53 | 50.77 | 19.98 |
| Operating Profit | −0.31 | −1.54 | 11.36 | 11.67 | 8.85 | 1.55 | −0.79 |
| OPM % | −2.2% | −9.9% | 33.2% | 38.7% | 24.4% | 3.0% | −4.2% |
| Other Income | 1.70 | 0.14 | 0.05 | 0.05 | 0.15 | 0.95 | 2.18 |
| Interest | 0.07 | 0.07 | 0.02 | 0.35 | 0.48 | 0.21 | 0.08 |
| Depreciation | 0.97 | 0.78 | 0.83 | 0.71 | 0.67 | 0.55 | 0.44 |
| Profit before tax | 0.30 | −2.26 | 10.56 | 10.65 | 7.85 | 1.73 | 0.86 |
| Tax % | 0.0% | −1.3% | 18.4% | 27.7% | 27.1% | 26.4% | 26.4% |
| Net Profit | 0.32 | −2.25 | 8.66 | 7.74 | 5.76 | 1.29 | 0.64 |
| EPS (Rs) | 0.61 | −4.46 | 17.21 | 4.42 | 2.45 | 0.54 | 0.26 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5.01 | 5.02 | 5.01 | 17.46 | 23.49 | 23.45 | 23.45 |
| Reserves | −0.95 | −3.30 | 5.38 | 0.96 | 46.97 | 48.22 | 48.85 |
| Borrowings | 5.38 | 5.88 | 8.79 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 7.05 | 9.67 | 28.82 | 54.19 | 15.52 | 4.86 | 5.39 |
| Total Liabilities | 16.49 | 17.27 | 48.00 | 72.61 | 85.98 | 76.53 | 77.69 |
| Fixed Assets | 4.45 | 7.40 | 3.42 | 3.09 | 2.82 | 2.31 | 1.93 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 18.08 | 18.06 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 12.04 | 9.87 | 44.58 | 69.52 | 83.16 | 56.14 | 57.70 |
| Inventories | 5.11 | 2.07 | 2.03 | 12.65 | 9.79 | 13.24 | 13.46 |
| Trade receivables | 4.01 | 5.60 | 3.97 | 6.68 | 4.22 | 20.81 | 21.38 |
| Cash & equivalents | 0.85 | 0.64 | 10.30 | 0.95 | 1.16 | 1.87 | 1.32 |
| Total Assets | 16.49 | 17.27 | 48.00 | 72.61 | 85.98 | 76.53 | 77.69 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | 4.33 | 3.04 | 3.60 | −0.24 | −44.97 | 17.18 | −2.60 |
| Cash from investing activity | −0.64 | −3.66 | 3.15 | −0.32 | −1.05 | −16.36 | 2.11 |
| Cash from financing activity | −3.36 | 0.44 | 2.89 | −8.79 | 46.04 | −0.01 | −0.08 |
| Net cash flow | 0.29 | −0.20 | 9.64 | −9.33 | 0.20 | 0.70 | −0.53 |
| Capex | 0.69 | 3.71 | 0.00 | 0.38 | 0.39 | 18.12 | 0.04 |
| Free cash flow | 3.61 | −0.68 | 6.69 | −0.59 | −45.06 | −0.99 | −2.63 |
| CFO / OP % | −1,350.1% | −195.1% | 31.0% | 15.9% | −471.1% | 1,232.9% | 255.9% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 102 | 131 | 43 | 81 | 43 | 146 | 406 |
| Inventory days | 164 | 53 | 38 | 298 | 162 | 105 | 296 |
| Days payable | 69 | 98 | 78 | 90 | 63 | 28 | 109 |
| Cash conversion cycle | 193 | 83 | 1 | 287 | 139 | 220 | 590 |
| Working capital days | 100 | −12 | 52 | 166 | 649 | 339 | 953 |
| ROCE % | — | −26.1% | 79.3% | 58.9% | 18.8% | 2.8% | 1.3% |
For the Mar 2026 quarter, Electro Force (India) reported sales of ₹9.69 Cr, down 73.8% year on year and net profit of −₹0.24 Cr, down 120.2% year on year. The operating margin was −8.8%.
Electro Force (India)'s sales for the year to Mar 2026 were ₹19.29 Cr.
Net profit for the year to Mar 2026 was ₹0.64 Cr. Earnings per share over the same trailing period were ₹0.26.
Electro Force (India) reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹1.32 Cr.
Cash from operations was −₹2.60 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹2.63 Cr.