Ellenbarrie Industrial Gases Limited
Oil & Gas · NSE
↓ 315.4% vs fair value
52W Low
₹175
+18.9% from low
52W High
₹638
-67.4% from high
Valuation Gauge
Current Price
₹208
Fair Value
₹50
Fair Value Analysis
₹50
Based on balance sheet strength analysis and earnings multiple (EV/EBITDA) for Oil & Gas sector companies | ROCE improving (latest 14.9%) — capital allocation becoming more efficient.
Balance Sheet Value
33% weight
EV/EBITDA Multiple
67% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Mixed Signals
Profitability
ROE of 10.8% is above the Oil & Gas sector benchmark of 10% — strong returns
Debt & Leverage
D/E ratio of 0.1x is well within the Oil & Gas sector norm of 1.5x — strong balance sheet
Valuation vs Peers
P/E of 27.6x is 3.4x the Oil & Gas sector median of 8x — expensive
Cash Flow
Negative FCF of ₹-53 Cr — company is consuming more cash than it generates
Earnings Growth
5yr EPS CAGR of 2.0% is well below Oil & Gas sector average of 14.6%
Dividend
No dividend — typical for growth-stage companies
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
-1.9%
Free cash flow / market cap
Revenue Growth (YoY)
+19.1%
Year-on-year revenue change
Profit Growth (YoY)
+36.8%
Year-on-year PAT change
Operating Cash Flow
₹4 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹7.2
P/E Ratio
27.6x
P/B Ratio
3x
ROE
10.9%
ROCE
—
Debt / Equity
0.13x
Beta
—
Div Yield
—
FCF (Cr)
₹-53 Cr
Revenue (Cr)
—
EPS Growth 5Y
—
Mkt Cap (Cr)
₹2,789 Cr
52W High
₹637.7
52W Low
₹175
Book Value/Share
₹65.6
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹337 Cr | ₹114 Cr | 34.0% | ₹100 Cr | ₹7.18 |
| 2025-03-31 | ₹312 Cr | ₹110 Cr | 35.0% | ₹83 Cr | ₹6.36 |
| 2024-03-31 | ₹269 Cr | ₹62 Cr | 23.0% | ₹45 Cr | ₹69.18 |
| 2023-03-31 | ₹205 Cr | ₹34 Cr | 16.0% | ₹28 Cr | ₹42.98 |
| 2022-03-31 | ₹247 Cr | ₹63 Cr | 25.0% | ₹44 Cr | ₹67.51 |
| 2021-03-31 | ₹175 Cr | ₹46 Cr | 26.0% | ₹24 Cr | ₹36.74 |
| 2020-03-31 | ₹174 Cr | ₹25 Cr | 14.0% | ₹89 Cr | ₹136.59 |
| 2019-03-31 | ₹154 Cr | ₹30 Cr | 19.0% | ₹7 Cr | ₹11.29 |
| 2018-03-31 | ₹123 Cr | ₹20 Cr | 16.0% | ₹2 Cr | ₹3.80 |
| 2017-03-31 | ₹116 Cr | ₹17 Cr | 15.0% | ₹0 Cr | ₹0.60 |
| 2016-03-31 | ₹96 Cr | ₹8 Cr | 8.0% | ₹-13 Cr | ₹-20.35 |
| 2015-03-31 | ₹87 Cr | ₹8 Cr | 9.0% | ₹-9 Cr | ₹-13.26 |
| 2014-03-31 | ₹68 Cr | ₹6 Cr | 9.0% | ₹-27 Cr | ₹-41.50 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Oil & Gas| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Gulf Oil Lubricants India Limited | ₹891 | ₹1,626.9 | +45.2% | 12.7 | 21.1% | UNDERVALUED |
GP Petroleums Limited | ₹28.7 | ₹44.1 | +35.0% | 5.4 | 7.4% | UNDERVALUED |
Magadh Sugar & Energy Limited | ₹493 | ₹640.5 | +23.0% | 8 | 13.9% | UNDERVALUED |
Oil and Natural Gas Corporation | ₹281.4 | ₹330.7 | +14.9% | 9.5 | 12.2% | FAIRLY_VALUED |
Avadh Sugar & Energy Limited | ₹499 | ₹534.5 | +6.6% | 12.8 | 8.0% | FAIRLY_VALUED |
GAIL India | ₹143.4 | ₹146.9 | +2.3% | 10.9 | 9.8% | FAIRLY_VALUED |
Hindustan Petroleum Corporation Limited | ₹328.9 | ₹333.1 | +1.3% | 4.5 | 12.3% | FAIRLY_VALUED |
Mahanagar Gas | ₹966.6 | ₹849.5 | -13.8% | 9.9 | 17.0% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Company Documents
Annual reports, concall transcripts & regulatory filings
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Analyst Note
2d ago
Ellenbarrie Industrial Gases is significantly overvalued, trading at ₹208 against a fair value of ₹50.07, implying a -295% margin of safety. While revenue grew 19.6% and earnings surged 25.9% year-on-year, the company faces concerning quality issues with negative free cash flow and loss-making operations (Piotroski score of just 3). The stock trades at a 19.1x PE and 3.0x PB with modest leverage (0.13x debt-to-equity), but improving ROCE provides limited solace. Better suited for growth-focused investors willing to tolerate significant downside risk.
StockTwits
What traders are saying right now
No StockTwits activity found for ELLEN.
What is Dalal Street saying?
r/IndiaInvestments · r/Dalal_Street_Investments · r/IndianStockMarket
No Reddit mentions found yet for ELLEN.
Telegram Channels
ET Markets · CNBC TV18 · Moneycontrol · Zee Business · NDTV Profit
No Telegram mentions found yet for ELLEN.
Search Interest
Google Trends · India · Last 90 days"Ellenbarrie Industrial Gases"
Interest score (0 = low, 100 = peak)
90-day trend
Technical Pulse
Plain English — no jargon
Not enough price history to assess trend.
RSI is 44 — neutral momentum, neither overbought nor oversold.
Insufficient data for short-term trend.
Trading significantly above fair value. Unless you believe the business has permanently re-rated, the risk-reward is unfavorable here.
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