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EVONITH METALLICS LIMITED

Active
Updated: 21 Oct 2024

Evonith Metallics Limited, is an unlisted public company incorporated on 13 September, 2007. It is classified as a public limited company and is located in Gurgaon, Haryana. It's authorized share capital is INR 2,000.00 cr and the total paid-up capital is INR 63.16 cr.

Evonith Metallics Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has decreased by 127.24% over the previous year. At the same time, it's book networth has decreased by 4.25%.

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Industry

Manufacturing (Metals & Chemicals and their products)
Products
  • cold rolling and cold rolled close annealed products; galvanized plain products and corrugated sheets; and color coated products
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
6.0%
₹ 3,503.0
EBITDA
-
₹ 298.3
Net Profit
-
₹ 170.8
Networth
5.08%
₹ 3,533.2
Borrowings
6359.51%
₹ 978.0
Assets
3.47%
₹ 4,768.1
Gross Margin
13.43
18.3 %
Operating Margin
13.08
9.3 %
Net Profit Margin
9.41
4.9 %
Return on Equity
9.28
4.8 %
ROCE
8.65
1.9 %
Debt to Equity
0.28
0.3
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (3)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
  • WILLFUL DEFAULTER
Moderate Risk
  • LOW ROCE
  • LOW CASH BALANCE
  • CASH DETERIORATING
Low Risk
  • NET MARGIN DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 1,565.1 1,410.2 2,646.6 3,079.9 3,221.0
Operating profit 110.1 180.9 431.5 -117.5 298.3
Net profit -327.6 2,345.2 229.8 -149.7 170.8
Gross margin 20.9 29.5 25.5 4.8 18.3
Operating margin 7.0 12.8 16.3 -3.8 9.3
Net margin -19.4 154.6 8.1 -4.5 4.9
Networth 874.2 3,283.0 3,511.5 3,362.4 3,533.2
Borrowings 3,465.7 30.0 25.5 15.1 978.0
Assets 5,191.9 4,385.4 4,837.9 4,608.2 4,768.1
Debt to equity 4.0 0.0 0.0 0.0 0.3
Current ratio 0.3 6.9 5.1 4.6 5.8
ROE -37.5 71.4 6.5 -4.5 4.8
Days payable 79.0 14.0 15.0 11.0 7.0
WC days -677.0 234.0 156.0 103.0 116.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 872.1 60.0 63.2 63.2 63.2
Reserves 2.1 3,223.0 3,448.3 3,299.2 3,470.1
Borrowings + 3,465.7 30.0 25.5 15.1 978.0
Long term borrowings - - - - 910.8
Short term borrowings 3,465.7 30.0 25.5 15.1 67.2
Trade payables + 268.7 38.1 82.6 91.8 50.5
Days payable 79.0 14.0 15.0 11.0 7.0
Other liabilities + 851.9 1,072.5 1,301.0 1,230.6 256.9
Other non-current liabilities 339.6 949.3 1,052.7 1,005.6 110.8
Other current liabilities 243.7 85.1 165.7 133.2 95.6
Total liabilities 5,191.9 4,385.4 4,837.9 4,608.2 4,768.1
Fixed Assets + 3,626.8 3,313.7 3,336.9 3,444.4 3,387.8
Tangible assets 2,161.5 2,010.6 1,865.3 3,241.3 3,037.1
CWIP 1,465.2 1,303.0 1,468.8 200.2 347.9
Intangible assets - - 2.7 3.0 2.8
LT loans and advances - - - - -
Other non-current assets 490.4 12.9 99.0 57.9 147.3
Current assets + 1,074.8 1,058.9 1,402.1 1,105.8 1,232.9
Inventories 137.4 360.7 496.4 406.4 361.8
Trade receivables 673.4 322.0 0.2 22.2 75.7
Cash and cash equivalents 6.2 12.5 15.6 72.1 3.1
ST loans and advances - - - - -
Other current assets 257.8 363.7 889.9 605.1 792.3
Total assets 5,191.9 4,385.4 4,837.9 4,608.2 4,768.1
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 1,565.1 1,410.2 2,646.6 3,079.9 3,221.0
Sales growth % 1.27 -9.9 87.67 16.37 4.58
Expenses + 1,600.0 1,418.2 2,498.4 3,501.6 3,271.9
Cost of goods 1,238.9 993.8 1,972.7 2,930.5 2,632.2
Employee cost 28.9 31.5 36.4 39.6 43.3
Other costs 187.3 204.1 206.0 227.4 247.2
Operating profit + 110.1 180.9 431.5 -117.5 298.3
Operating margin % 7.0 12.8 16.3 -3.8 9.3
Other income 125.4 106.7 182.7 224.7 282.0
Interest -6.9 37.4 131.3 131.9 135.8
Depreciation 151.8 151.5 152.0 172.2 213.4
Exceptional items -418.2 2,243.9 -8.2 - -
Profit before tax -327.6 2,342.7 322.7 -197.0 231.2
Tax - -2.5 93.0 -47.3 60.4
Profit - disc. ops - - - - -
Net profit -327.6 2,345.2 229.8 -149.7 170.8
Net margin % -19.4 154.6 8.1 -4.5 4.9
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 4.0 0.0 0.0 0.0 0.3
Net Debt/Equity 4.0 0.0 0.0 0.0 0.3
Total Debt/Assets 0.7 0.0 0.0 0.0 0.2
Total Assets/Equity 5.9 1.3 1.4 1.4 1.4
Liquidity +
Current Ratio 0.3 6.9 5.1 4.6 5.8
Quick Ratio 0.2 4.6 3.3 2.9 4.1
Interest Coverage -16.0 4.8 3.3 -0.9 2.2
Performance
Gross Margin 20.9 29.5 25.5 4.8 18.3
Operating Margin 7.0 12.8 16.3 -3.8 9.3
Net Margin -19.4 154.6 8.1 -4.5 4.9
Return +
Return on Equity -37.5 71.4 6.5 -4.5 4.8
Pre-tax ROCE -5.8 0.7 6.3 -6.7 1.9
Return on Assets -6.3 53.5 4.8 -3.2 3.6
Pre-tax ROIC -1.0 0.9 7.9 -8.6 1.9
Efficiency +
Days Payable 79.0 14.0 15.0 11.0 7.0
Days Inventory 40.0 132.0 92.0 51.0 50.0
Days Receivable 157.0 83.0 0.0 3.0 9.0
Fixed Asset Turnover 0.4 0.4 0.8 0.9 0.9
Total Asset Turnover 0.3 0.3 0.6 0.7 0.7
Working Capital
Cash Conversion Cycle 118.0 201.0 77.0 43.0 52.0
Working Capital Days -677.0 234.0 156.0 103.0 116.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

VISTRA ITCL (INDIA) LIMITED

No. of Loans: 1

Total Amount : 735.5 cr

2

Standard Chartered Bank

No. of Loans: 1

Total Amount : 120.0 cr

3

IndusInd Bank Limited

No. of Loans: 1

Total Amount : 50.0 cr

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Charges

VISTRA ITCL (INDIA) LIMITED
Standard Chartered Bank
IndusInd Bank Limited

People

Designation Name DIN/PAN Tenure
Director Mamta Binani 00462925 4 years
Director Partha Sengupta 01851810 4 years
Director Nipun Gupta Jain 06861516 2 years
Director Jai Krishna Saraf 07613832 4 years
Director Anjani Agrawal 08579812 4 years
Director Anil Kumar Bangur 08936958 4 years
CFO Mohd Kamran Khan <HIDDEN> 4 years
Kmp Sree Vidhya Raju <HIDDEN> 2 years
Kmp Ratnaprasad Venkata Atluri <HIDDEN> 1 years

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Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
FIRST WARDHA STEEL LIMITED Maharashtra 2007 ₹ 1.0 Cr

Registered Details

CIN

U27200HR2007PLC037927

PAN

AAACU9269Q

Incorporation

2007, 17.7 years

Company Email

cs@evonith.com

Paid up Capital

₹ 63.2 Cr

Authorised Capital

₹ 2,000.0 Cr

AGM

Sep 2023

Type

Public
Non-government Company

FAQ - EVONITH METALLICS LIMITED

What is the incorporation date of EVONITH METALLICS LIMITED?

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The incorporation date of EVONITH METALLICS LIMITED is 13 September, 2007

What is the authorized share capital of EVONITH METALLICS LIMITED?

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The authorized share capital of EVONITH METALLICS LIMITED is INR ₹ 2,000.0 Cr.

What is the paid-up capital of EVONITH METALLICS LIMITED?

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The paid-up capital of EVONITH METALLICS LIMITED is INR ₹ 63.2 Cr.

What is the registered address of EVONITH METALLICS LIMITED?

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The registered address of EVONITH METALLICS LIMITED is Office No. Q 179, South City-1, Basement, NA Gurgaon Gurgaon Haryana - 122001

What is the CIN number of EVONITH METALLICS LIMITED?

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The CIN number of EVONITH METALLICS LIMITED is U27200HR2007PLC037927.

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