# ELECTHERM (ELECTHERM) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/electherm

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹743.95
- Change: -3.91%
- As of: 2026-10-01
- 1D return: -3.91%
- 5D return: -16.19%
- 1M return: -25.61%
- Latest complete quarter: —

## Technical analytics

- As of: 2026-10-01
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹777.93
- Risk regime: Higher Price Risk

### Support levels
- 739.95
- 712.25
- 559.9

### Resistance levels
- 828.0125
- 885
- 907.975

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -3.91% |
| return_10 | -20.23% |
| return_1m | -25.40% |
| return_1y | -28.36% |
| return_20 | -25.61% |
| return_3m | -32.40% |
| return_5 | -16.19% |
| return_6m | +28.72% |
| return_since_start | -29.30% |
| return_ytd | -15.23% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -55.86% |
| annualized_volatility | +59.04% |

## Quarterly financials

Quarterly financials are not currently available.

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +29.87%
- FII holding: +9.28%
- DII holding: +0.78%
- Mutual fund holding: +0.08%
- Retail holding: +13.45%
- Promoter pledged: +0.00%

### Major reported shareholders

- Castleshine Pte Limited — +7.85%
- Leadhaven Pte Limited — +7.85%
- Western India Speciality Hospital Limited — +7.65% (Bodies Corporate)
- Shailesh Bhandari — +6.66%
- Mukesh Bhandari — +6.35%
- Artiben Jagdishbhai Akhani — +4.59%
- Bhandari Rakesh — +3.35%
- Habrok India Master Lp — +3.26%
- Web Businesses.Com Global Ltd. — +2.34%
- 8 Square Capital — +2.32%

## Official filings

- 2026-09-29 — Generic Announcement: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ELECTHERM_29092026164215_SE_Letter_-_40th_AGM_Voting_Results_Scrutinizer_Report.pdf)
- 2026-09-28 — Generic Announcement: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ELECTHERM_28092026133153_SE_Letter_-_Proceedings_of_40th_AGM.pdf)
- 2026-09-05 — Generic Announcement: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ELECTHERM_05092026120019_SE_Letter-Signed.pdf)
- 2026-09-03 — Generic Announcement: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_1496_WebXMLFile_20260903_175149911.xml)
- 2026-09-03 — Generic Announcement: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ELECTHERM_03092026174509_SE_Letter.pdf)
- 2026-09-02 — Annual Report: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31260_ELECTHERM_2025_2026_A_15294380_03092026174851.pdf)
- 2026-08-26 — Generic Announcement: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1496_WebXMLFile_20260826_150500405.xml)
- 2026-08-15 — Generic Announcement: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ELECTHERM_15082026150512_SE_Letter-Signed.pdf)
- 2026-08-14 — Generic Announcement: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ELECTHERM_14082026160207_SE_Letter.pdf)
- 2026-08-14 — Generic Announcement: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_1496_WebXMLFile_20260814_174430476.xml)
- 2026-08-14 — Generic Announcement: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ELECTHERM_14082026154753_SE_Letter.pdf)
- 2026-08-05 — Generic Announcement: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_1496_WebXMLFile_20260805_191904717.xml)
- 2026-08-04 — Generic Announcement: Electrotherm (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ELECTHERM_04082026163455_SE_Letter.pdf)

## News and market events

No recent news or market events are currently available.

## Business profile

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### Business segments
- **Engineering & Technologies:** This segment focuses on providing equipment and solutions for the steel and foundry industries, including furnaces, induction heating equipment, and end-to-end steel industry solutions. It also offers pre and post-sales services.
- **Steel & Pipes:** This segment is involved in the manufacturing of steel products, including TMT bars, and ductile iron pipes for water and sewage applications. It operates an integrated manufacturing facility.
- **Electric Vehicles:** This segment manufactures and sells affordable, high-quality battery-operated vehicles, primarily focusing on the two-wheeler segment under the YoBykes brand. It emphasizes after-sales service and customer reach through a dealer network.
- **Renewables:** Electrotherm Solar offers solar photovoltaic (PV) solutions for both rooftop and ground-mounted installations, catering to industrial and commercial sectors. The division is a pioneer in rooftop solar installations.
- **Transformer Manufacturing:** This segment designs and manufactures highly efficient transformers with advanced technology to control harmonics and noise, serving the heavy engineering and power distribution sectors. It provides application engineering and post-commissioning customer care.
- **Transmission Line Towers:** This segment is involved in the manufacturing of transmission line towers.

### Competitive strengths
- ISO 9001:2015 certified
- Market leader in metal melting industries in India and globally
- Principle of servicing customers 'any time anywhere' enabling global presence
- Long-standing presence since 1983
- Customer-centric approach
- Renowned for supplying sturdy and highly efficient plant & machinery
- Extensive global reach (over 72 countries across Asia, Middle-East, and Africa)
- Significant installation base (over 7000 furnaces in India, over 800 worldwide)
- Expertise in EPC / turnkey solutions
- Western India's first fully integrated manufacturing facility (Steel & Pipes)
- Superior manufacturing process
- State-of-the-art technology
- Locational advantage for international clients due to proximity to ports
- Integrated facility for BIS approved Epoxy Coated TMT Bars
- Over 35 years of experience in 'Power Electronics'
- In-house R&D facility (Electric Vehicles)
- Established technical know-how
- Extensive dealer network for customer reach and after-sales service
- Proven track record with over one lakh customers and recognized as the largest selling electric vehicle manufacturer in India
- Pioneer in setting up solar plants over factory rooftops and commercial buildings
- Focus on highest power generation per kW
- Exceptional after-sales service
- 200+ installations completed (Renewables)
- Commitment to greatest quality engineering and reliability
- Seamless customer experience
- Application engineering expertise (Transformers)
- Continuous striving for industrial solutions with efficient transformers
- Superior technology for controlling harmonics and noise
- Proactive customer care and site visits
- Extensive experience (last 2 decades) with prestigious clients
- Effective quality assurance plan
- Customer First attitude
- Technology right-sized for process efficiency and product performance
- In-house manufacturing of critical customized parts under stringent quality control
- Just-In-Time delivery management
- Zero downtime objective for installed equipment servicing
- Extensive global service network (72 countries)
- Over 65% market share in induction melting equipment for steelmaking in India
- Leading TMT brand in Gujarat
- Leading manufacturer of DI Pipe in India
- Pioneer in battery-operated two-wheelers in India
- Engineering and manufacturing excellence since 1983
- Development of country's first 3 Ton Medium Frequency Induction Furnace for steel making
- Development of various furnace capacities and technologies
- Execution of turnkey projects
- Development of specialized equipment for productivity improvement
- Refined Steel TMT bars from LRF technology
- Development of digital technology for steel melting and foundry applications
- Indigenous development of technology (e.g., India's 1st DC Arc Furnace)
- Contribution to industrial development in India
- Eminence in the field of Engineering
- Contribution in the field of Electrical Sciences & Technology
- Adherence to best industrial practices
- Adoption of best technologies
- Investment in greener initiatives
- Focus on sustainable development integrated into the business model
- Commitment to long-term social responsibility over one-time acts

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## Freshness and sources

- Data as of: 2026-10-01
- Source: Faxioms public stock analysis API

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