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IndiaPulse

Electro Force (India) Ltd. (EFORCE)

SME Cap

Industrials stocks · SME cap · NSE

Electro Force (India) Ltd. operates in Electrical Products, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹20.05
+0.55 · +2.82%
Quote04 Sept, 03:32 pm IST
Fundamentals05 Sept 2026 · screener
Score05 Sept, 10:20 pm IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.4 (n=540)
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Weak fundamentals, management trust needs verification, price trend argues for patience, and recent execution is weak.

Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
OVERVALUED
21

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Weak Trust
54

low confidence · 0/0 claims checked

Technical
Bearish
31

Timing lens: price trend and sector relative strength.

Result consistency
weak
31

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Bad · 0/100

Rev -28% YoY · margin compression

Filed 31 Mar 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹9.7 Cr-27.6%+0.9%
EBITDA₹-0.9 Cr-188.5%-1516.7%
Operating margin-8.8%-1142 bps-944 bps
PAT₹-0.2 CrNDF-126.7%
PAT margin-2.4%-559 bps-1138 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Issuer presentation review pending

Electro Force (India) Ltd. operates in Electrical Products, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Management accountability

What management said, and what results must prove

Technical timing lens

Trend score and candlestick chart

31Bearish

full bear SMA stack · SMA20 -4.2% / mo · MACD − · near 52W low

Stock trend: 20
Sector RS: 48
Sector 3M: -1.6% vs Nifty -1.5%

Technical chart

EFORCEdaily · 1Y · AUTO-20.9%
Latest close ₹20.05 on 2026-09-04
Bar
+3.9%
RSI
45
MACD hist
-0.05
52W pos
13%
2026-09-04O ₹19.30H ₹21.40L ₹19.30C ₹20.05Vol 16,800 sh
₹15.40₹19.53₹23.66₹27.79₹31.9252L20.052026-03VolRSIMACD2026-032026-042026-062026-072026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 45.

  • Price < SMA20 < SMA50 < SMA200 — full bearish stack.
  • SMA20 falling (~4.4% over last month) — short-term momentum negative.
  • RSI(14) at 45 — falling, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 57% off 52W high · 24% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & score drivers

U-Score 21 · OVERVALUED · pillar breakdown, sector model, fair-value anchor

21U-SCORE
OVERVALUED

Fundamental score breakdown

OVERVALUED
Valuation3/30
Growth9/25
Quality0/20
Balance Sheet11/15
Cash Flow2/10
Piotroski
5/9 (+3)
Penalties
-7
Raw sum
21

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

21/100 · OVERVALUED

Positive drivers

  • Balance sheet contributes 11/15 to the score.
  • Growth contributes 9/25 to the score.
  • Cash flow contributes 2/10 to the score.

Main drags

  • Penalty bucket subtracts 7 points.
  • Fair-value margin of safety is negative at -87.5%.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
74.5
PB
0.7
EV/EBITDA
ROE
0.9%
ROCE
1.3%
FCF Yield
Debt/Equity
0.0
MoS
-87.5%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 05 Sept 2026
v4.3-runtime-valuation
Final score
21
Previous: 21
Verdict
OVERVALUED
Previous: OVERVALUED
Margin of safety
-87.5%
Previous: -87.5%

Score history

12 stored score snapshots. Latest stored move: +0 points.

05 Sept 2026
v4.3-runtime-valuation
21
21
21
21
21
21
21
21
21
21
21
21

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹13.68
-46.6% MoS
Growth-justified P/E
39.6
Growth-justified Value
₹10.69
-87.5% MoS
PEG
4.14

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
54Weak Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Weak Trust: Claim history is still being built. It ranks around the 13th percentile of the scored universe and 10th percentile within Industrials. Main check: financial discipline is weak at 22/100.

Mixed Trust Lite: Promoter holding is 62.9%. Key concern: Operating cash flow is negative at ₹-3 Cr.

Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Weak Trust

Management or financial behaviour needs caution. Demand stronger valuation compensation.

Relative rank
13th percentile

overall median 67 · Industrials: 10th pctile, median 68 · SME: 14th pctile, median 64

Evidence depth
Financial-only

0 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Weak Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
40
weak · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
22
weak · capital discipline
Results
31
weak · quarterly consistency

Trust positives

  • Promoter holding is 62.9%.
  • Promoter pledge is zero.
  • Debt/equity is 0.00.

Trust risks

  • Operating cash flow is negative at ₹-3 Cr.
  • 2 latest quarters had PAT decline worse than 25% YoY.
  • ROCE is low at 1.3%.
  • ROE is low at 0.9%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
74.50
P/B
0.65
EV/EBITDA
Market Cap
46.90Cr

Profitability

ROE
0.88%
ROCE
1.31%
ROA
0.81%
Dividend Y

Growth (CAGR)

Revenue 5Y
4.00%
EPS 5Y
18.00%
Revenue 3Y
-14.00%
EPS 3Y
-57.00%

Balance Sheet

Debt/Equity
0.00
Interest Coverage
-11.43×
Altman Z
6.66
Book Value
30.80

Cash Flow

FCF Yield
FCF Positive Y
3/5
OCF
-2.59 Cr
EPS TTM
0.27

Shareholding

Promoter Hold
62.89%
Promoter Pledge
0.00%
Momentum 52W
12%

Financial History

Updated 5/9/2026

Revenue

₹ Cr
No data

Net Profit

₹ Cr
No data

Return on Equity

%
No data

Peers

Business-comparable names in Industrials, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.