As of 6 Nov 2026, Evans Electric is loss-making on a trailing 12-month basis, with a net loss of ₹0.43 Cr, so it has no P/E ratio. The share price is ₹68.00, 61% below its 52-week high. Sales fell 15% a year over 3 years. It carries very little debt. It is listed on an SME platform with a market cap of ₹37 Cr, ranked 87th of 97 Electrical Equipment & Parts companies by market cap; the shares fell 56% over the past year.
- ₹70.40
- ₹70.40
- ₹68.00
- ₹70.40
- 3K
Health check
- ReturnsBehind
−56.0% over a year, better than 0 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthShrinking
Sales −15.1% a year over 3 years.
- ProfitabilityWeak
ROCE 0.6% vs peer median 22.1%.
- Balance sheetFair
Practically debt-free, Piotroski 4 of 9.
- Red flags5 to check
Loss-making over the last twelve months.
Small cap
High beta
Key metrics
- Market cap
- ₹37 Cr
- Small cap
- P/E
- n/a
- Industry 30.0
- Price to book
- 1.49
- Peers 7.24
- Dividend yield
- 0.00%
- ROE
- −1.7%
- Peers 18.0%
- ROCE
- 0.6%
- Peers 22.1%
- Debt to equity
- 0.03
- Debt ₹0.77 Cr
- EPS (TTM)
- −₹0.78
- OPM (TTM)
- −17.3%
- Net margin −3.7%
- Sales growth
- −76.8%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 3.19
- EV/EBITDA −246.4
Strengths and risks
Strengths
- Practically debt-free.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −1.7%.
- Quarterly sales down 76.8% on a year ago.
- 61% below its 52-week high.
- Interest coverage of only −7.8×.
About Evans Electric
Evans Electric Limited engages in the electromechanical repairs and servicing business in India. The company is involved in specialized electrical repair, rewinding, and overhauling, as well as testing of small, medium, and large electric motors, generators, transformers, and critical components. It serves power generation, oil and gas, general manufacturing, infrastructure, marine, traction, and various other heavy engineering sectors. Evans Electric…
- Headquarters
- Mumbai
- Employees
- 58
- Sector
- Industrials
- ISIN
- INE06TD01010
- Website
- evanselectric.co.in
Price range
- Avg volume (3M)
- 3.6K
- 1-year return
- minus 56.0%
- From 52-week high
- minus 61.1%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| EVANSEvans Electric | 68.00 | minus 3.41% | 37 | – | – | 0.6% | −17.3% | 0.03 | −15.1% | minus 56.0% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- −15.1%
- ROE
- −1.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 19 | 20.6 | 25.4 | 11.6 | |
| – | +8.2% | +23.5% | minus 54.2% | |
| 13.9 | 14.1 | 15.8 | 11.8 | |
| 5.1 | 6.5 | 9.6 | −0.1 | |
| 26.9% | 31.7% | 37.7% | −1.2% | |
| 0.1 | −0.1 | −0.2 | 0.3 | |
| 0 | 0 | 0 | 0 | |
| 0.2 | 0.2 | 0.2 | 0.3 | |
| −0.2 | 0.2 | 0.9 | 0.3 | |
| 4.7 | 6.4 | 10 | 0.1 | |
| 22.7% | 20.8% | 24.5% | 437.0% | |
| 3.7 | 5.1 | 7.6 | −0.4 | |
| – | +38.4% | +49.4% | minus 105.7% | |
| 6.67 | 9.24 | 21.90 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.7 | 2.7 | 5.5 | 5.5 | |
| 12.2 | 16.8 | 20.8 | 19.5 | |
| – | 0.4 | – | 0.8 | |
| 1.9 | 4.8 | 6.7 | 2.5 | |
| 16.9 | 24.7 | 33 | 28.3 | |
| 1.9 | 1.8 | 2 | 3.2 | |
| 0 | 0 | 0 | 1.3 | |
| 9.5 | 11.9 | 14 | 11.6 | |
| 2.7 | 2.8 | 2 | 7.3 | |
| 2.8 | 8.2 | 15 | 4.8 | |
| 16.9 | 24.7 | 33 | 28.3 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.3 | 3.6 | 0.7 | 4.2 | |
| −5.3 | −1.1 | −1.8 | 2 | |
| −1 | −0.6 | −0.8 | −0.2 | |
| 0 | 1.9 | −2 | 6 | |
| −0.4 | −0.1 | −0.6 | −1.5 | |
| 5.9 | 3.5 | 0.1 | 2.7 | |
| −0.3 | −0.5 | −0.8 | −0.8 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 5.2% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.