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Equinox India Developments Ltd Price Performance

  • Day's Low
  • ₹133.11
  • Day's High
  • ₹139.3
₹ 136.95
  • 52-w low
  • ₹79.65
  • 52-w high
  • ₹164.36
136.95
  • Day's open
    ₹135.6
  • Previous close
    ₹135.039993
  • VWAP
    ₹136.52
  • Lower price band
    ₹108.03
  • Upper price band
    ₹162.04

Today's Market Action

The last traded share price of Equinox India Developments Ltd was 136.95 up by 1.41% on the NSE. Its last traded stock price on BSE was 136.85 up by 1.18%. The total volume of shares on NSE and BSE combined was 5,909,461 shares. Its total combined turnover was Rs 80.67 crores.

Equinox India Developments Ltd Medium and Long Term Market Action

Equinox India Developments Ltd hit a 52-week high of 164.36 on 24-06-2024 and a 52-week low of 79.65 on 30-11-2023. The stock price of Equinox India Developments Ltd is up by 25% over the last one month. It is up by 68.35% over the last one year. Don't forget to check the full stock price history in the table below.

Equinox India Developments Ltd Fundamentals

  • Market Cap (Cr): 7508

  • Book Value (₹):

  • Stock P/E:

  • Revenue (Cr):

  • Total Debt (Cr):

  • Face Value (₹):

  • Roce (%):

  • ROE (%):

  • Earnings (Cr):

  • Promoter’s Holdings (%):

  • EPS (₹):

  • Debt to Equity:

  • Dividend Yield (%):

  • Cash (Cr):

Equinox India Developments Ltd Mutual fund holdings and trends

FUND NAME Quantity Monthly Change (Qty)

Equinox India Developments Ltd Shareholding Pattern

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Company Price Market Cap (Cr) P/E

About Equinox India Developments Ltd

Data not available.

Equinox India Developments Ltd FAQ's

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Financials

(*All values are in Rs. Cr)
(*All values are in Rs. Cr)
(*All values are in Rs. Cr)
(*All values are in Rs. Cr)
(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Cash Flow)

Standalone Financial Performace In Graph(Cash Flow)

News

Review

Pros

  • Asset Light Business
    The company operates a great asset light business with a high Asset turnover ratio of 6.96. A high asset turnover ratio is a great driver of RoE and can improve shareholder returns. A relatively higher asset turnover ratio also will result in lower dilution as the business grows its revenues as earnings.
  • Zero Debt
    The company has almost nil to negligible debt to equity ratio of 0.08. Considering the fact that the business is debt free, equity shareholders shall carry lower risk of holding the stock.

Cons

  • Momentum Strength
    The stock is currently exhibiting weak momentum, & is showing weak relative strength.
  • Low Sustainable RoE
    The company's sustainable return on equity is lower than the expected cost of capital which implies that the underlying business will destruct value over a period of time due to it's inability to generate superior returns on capital.
  • Low Return on Capital Employed
    The company is unable to generate sufficient return on capital employed which impairs it's ability to generate high return for shareholders after accounting for taxes, interest and other non-equity stakeholders.
  • Poor Cash Flow Conversion
    The business has very poor cash conversion ratio of only 9.67% of operating earnings getting converted into operating cash flow. This implies that increase in profits has not translated into higher cash flows for the business and incrementally higher investments in working capital which works negatively for shareholders.
  • Negative operating earnings and interest coverage
    The company has a negative operating earnings and a negative Interest coverage ratio of -47.22 times which implies that the company has no operating earnings to pay for interest which is currently being paid out of capital and/or other income. This is extremely negative for shareholders.
  • Low Pricing Power & High Competition
    The business has extremely low pricing power and is vulnerable to competitive pressure which can significantly impact shareholder returns.
  • Poor Capital Allocation
    The company has disproportionately high amount of assets locked up in working capital, cash and cash equivalents, loans and advances, etc to the extent of 98.98 % of total assets. This reflects poorly on the capital allocation strategy of the management which negatively impacts shareholder returns.
  • Poor Working Capital Cycle
    The company has a very poor working capital cycle of 5564 days which requires very high investments in working capital. This reduces free cash flow generation for the business and negatively impacts shareholder value and returns.

Valuation Analysis

Margin of safety
(30/11/2024)
Stock Valuation
Green line
99
80.00%
80.00% People are bullish about Equinox India Developments Ltd
20.00%
20.00 % People are bearish about Equinox India Developments Ltd

What is your opinion about this Stock?

Historical Data

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Equinox India Developments Ltd

136.95 +1.91 (1.41%)

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