Debut Plus

24.4

+0.8 +3.39%

17 Jul 2026

NSE Listed · Capital Goods - Electrical Equipment

Electro Force (India) Ltd. (EFORCE)

Volume: 2,400Avg Vol 1W: 15,840Avg Vol 1M: 11,89152W Range:16.1554.5
Market Cap₹172 Cr
Current Price₹24.4
Previous Close₹23.6
High / Low (52w)₹54.5 / ₹16.15
Volume2,400
Avg Vol (1W)15,840
Avg Vol (1M)11,891
Stock P/E90.37
Book Value₹30.82
Dividend Yield
ROE
ROA
Revenue (TTM)
Revenue Growth
Profit Margin
Total Debt
Shares Outstanding
Face Value
EPS (TTM)₹0.27
P/B0.79
Debt / Equity0
50 DMA₹23.07
200 DMA₹30.12
Day change+3.39%
Price Chart
24.4 52.62% · 1Y
521694K
2025-07-17
2026-07-16

20-day avg volume: 12K shares

Pros
  • Company is almost debt-free.
  • Revenue grew 46% YoY.
  • Stock trades below its book value.
Cons
  • Stock trades at a high P/E of 90.
Profit & Loss (Annual)
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹16 Cr₹16 Cr₹34 Cr₹30 Cr₹37 Cr₹53 Cr
EBITDA₹0 Cr₹-2 Cr₹11 Cr₹11 Cr₹8 Cr₹2 Cr
Net Profit₹0 Cr₹-2 Cr₹9 Cr₹8 Cr₹6 Cr₹1 Cr
EPS0.62-1.294.974.443.030.55
Balance Sheet
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹16 Cr₹17 Cr₹48 Cr₹72 Cr₹86 Cr₹76 Cr
Total Liabilities₹12 Cr₹15 Cr₹37 Cr₹54 Cr₹15 Cr₹5 Cr
Equity₹4 Cr₹2 Cr₹10 Cr₹18 Cr₹70 Cr₹71 Cr
Total Debt
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹3 Cr₹4 Cr₹2 Cr₹-42 Cr₹19 Cr
Investing₹-4 Cr₹3 Cr₹0 Cr₹-1 Cr₹-16 Cr
Financing₹0 Cr₹3 Cr₹-9 Cr₹46 Cr₹0 Cr
Free Cash Flow₹3 Cr₹4 Cr₹2 Cr₹-42 Cr₹19 Cr
Shareholding
Promoter 62.89% Institutions 0% Public 37.11%
Efficiency & Working Capital
ROCE2.8%
Interest Coverage8.9
Dividend Payout
Debtor Days145 d
Inventory Days93 d
Payable Days26 d
Cash Conversion Cycle211 d
Working Capital Days237 d
Shareholding Details

As of 2026-03-31

Promoter62.9%
FII0%
DII0%
Institutions0%
Public37.1%
Promoter Pledge0%
No. of Shareholders3,281
Shareholding Pattern

Quarterly — figures in %. Latest 6 quarters.

PeriodDec 2023Mar 2024Sept 2024Mar 2025Sept 2025Mar 2026
Promoters62.9%62.9%62.5%62.9%62.9%62.9%
FIIs0%0%0%0%0%0%
DIIs0%0%0%0%0%0%
Public37.1%37%37.5%37%37.1%37.1%
Promoter Pledge0%0%0%0%0%0%
No. of Shareholders3,8724,0903,7153,4593,4223,281
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Ayesspea Holdings And Investments Private LimitedShareholding of Promoter and Promoter Group47.4%1.11 Cr
Garuda Television Pvt LtdShareholding of Promoter and Promoter Group14.7%34,36,800
Gaurav GoyalPublic Shareholding3.7%8,65,200
Pravinkumar Brijendrakumar AgarwalShareholding of Promoter and Promoter Group0.8%1,87,920
Jyotsna AgarwalShareholding of Promoter and Promoter Group0%3,480
Aroma Coffees Private LimitedShareholding of Promoter and Promoter Group0%35
Garuda Aviation Services Private LimitedShareholding of Promoter and Promoter Group0%35
Deepa Travel Pvt LtdShareholding of Promoter and Promoter Group0%35
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Ayesspea Holdings And Investments Private Limited00%2026-03-31
Garuda Television Pvt Ltd00%2026-03-31
Pravinkumar Brijendrakumar Agarwal00%2026-03-31
Jyotsna Agarwal00%2026-03-31
Aroma Coffees Private Limited00%2026-03-31
Garuda Aviation Services Private Limited00%2026-03-31
Deepa Travel Pvt Ltd00%2026-03-31
Gaurav Goyal00%2026-03-31
Pravinkumar Brijendrakumar Agarwal00%2025-09-30
Jyotsna Agarwal00%2025-09-30
Ayesspea Holdings And Investments Private Limited00%2025-09-30
Garuda Television Pvt Ltd00%2025-09-30
Board of Directors
NameDesignationYear
Arvind SharmaChairman(Non Exe)&Dir(Non-Ind)2025
Saideep Shantaram BagaleE D & Wholetime Director2025
Santosh Kumar PalariaExecutive Director2025
Rudolf John CorrieaNon-Exec & Non-Independent Dir2025
Dhanashree Vaibhav SalgaonkarCompany Sec. & Compli. Officer2025
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10262323
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202500006767
2025000044
202500002929
Company Information
Incorporated2010
ChairmanArvind Sharma
AuditorMittal Agarwal & Company
Investor Email[email protected]
🌐 www.electroforceindia.com

📍 # 39/5 Village Waliv Taluka, Vasai East District, Palghar, Maharashtra, 401208

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