IC Electricals Peer Comparison

NSE: ICELCO

₹99.00

₹-10.95 (-9.96%)

As on 19-Oct-2026 14:34IST

Market cap

₹201 Cr

Revenue (TTM)

₹143 Cr

P/E Ratio

14.3

P/B Ratio

1.8

Div. Yield

0 %

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	IC Electricals	Vinyas Innovative	Advait Energy Transitions	Fluidomat	Leapfrog Engineering Services
Market cap (₹ Cr)	201	2,123	1,949	320	305
Revenue (₹ Cr)	143	514	775	72	152
Net Profit (₹ Cr)	14.10	30.87	65.45	19.61	19.58
Net Margin (%)	9.80	5.96	8.32	25.76	11.98
RoE (%)	24.92	17.97	23.13	21.62	31.06
Price to Earnings	14.26	68.79	33.21	16.33	15.57
Price-To-Book	1.80	11.68	6.64	3.25	2.00

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	IC Electricals	Vinyas Innovative	Advait Energy Transitions	Fluidomat	Leapfrog Engineering Services
Operating Revenue	143.04	514.32	714.52	72.46	152.34
Total Income	143.81	518.00	727.25	76.61	163.48
Total Expenditure	116.02	453.23	629.29	48.49	128.79
EBITDA	27.02	61.10	85.24	23.97	23.55
Depreciation	0.78	7.04	3.54	1.20	0.46
EBIT	26.24	54.06	81.70	22.77	23.09
Interest	8.08	15.59	16.54	0.05	6.85
Other Income	0.77	3.67	12.72	4.15	11.14
Exceptional Items	--	--	--	--	--
Profit before Tax	18.93	42.14	77.88	26.87	27.39
Provision for Tax	4.83	11.27	19.79	6.80	7.81
Profit after Tax	14.10	30.87	58.08	20.06	19.58

Liabilities (₹ Cr)

	IC Electricals	Vinyas Innovative	Advait Energy Transitions	Fluidomat	Leapfrog Engineering Services
Shareholder's Funds	63.62	235.72	278.12	96.37	72.84
Minority Interest	0.37	--	12.83	--	--
Non-Current Liabilities	2.78	15.18	40.56	1.36	0.33
Current Liabilities	126.27	216.03	335.55	12.18	92.75
Total Liabilities	193.44	468.37	667.06	109.91	166.72

Assets (₹ Cr)

	IC Electricals	Vinyas Innovative	Advait Energy Transitions	Fluidomat	Leapfrog Engineering Services
Non-Current Assets	8.28	69.97	224.95	15.74	5.42
Current Assets	184.75	394.27	442.11	94.17	160.50
Total Assets	193.44	468.37	667.06	109.91	166.72
Total Debt*	75.42	130.06	122.13	0.00	31.87
Net Current Assets	58.48	178.24	106.56	81.99	67.75
Contingent Liabilities	48.87	46.18	362.78	4.64	30.03

Cashflow (₹ Cr)

	IC Electricals	Vinyas Innovative	Advait Energy Transitions	Fluidomat	Leapfrog Engineering Services
Cash From Operating Activities	-11.10	-32.30	-9.68	10.75	-5.04
Cash Flow from Investing Activities	-0.60	-44.77	-33.33	-7.36	-0.41
Cash from Financing Activities	11.55	72.92	68.51	-3.70	5.45
Net Cash Inflow / Outflow	-0.14	-4.14	25.49	-0.31	0.00

Ratios

Profitability Ratios

	IC Electricals	Vinyas Innovative	Advait Energy Transitions	Fluidomat	Leapfrog Engineering Services
ROCE (%)	22.10	15.90	28.24	30.45	38.45
ROE (%)	24.92	17.97	24.45	22.69	31.06
ROA (%)	7.99	6.61	10.15	19.78	12.46
EBIT Margin (%)	19.43	12.59	13.71	38.81	22.77
Net Margin (%)	9.80	5.96	7.99	26.19	11.98
Cash Profit Margin (%)	10.40	7.37	8.62	29.34	13.16

Growth Ratios

	IC Electricals	Vinyas Innovative	Advait Energy Transitions	Fluidomat	Leapfrog Engineering Services
Revenue Growth (%)	17.36	0.00	79.68	0.39	13.13
EBIT Growth (%)	38.44	--	65.40	-8.70	31.77
Net Profit Growth (%)	49.75	0.00	74.74	-9.73	20.71
EPS Growth (%)	50.22	0.00	65.37	-9.73	20.71
Book Value Growth (%)	28.41	0.00	41.23	19.79	36.77

Valuation Ratios

	IC Electricals	Vinyas Innovative	Advait Energy Transitions	Fluidomat	Leapfrog Engineering Services
Price / Earnings	0.00	33.15	35.67	13.60	0.00
Price / Book Value	0.00	5.96	6.63	2.83	0.00
Dividend Yield (%)	--	0.00	0.12	1.35	--
EV/EBITDA	3.18	17.52	18.90	9.69	0.97
Market Cap (₹ Cr)	0.00	1,023.40	1,845.04	272.93	0.00

Solvency Ratios

	IC Electricals	Vinyas Innovative	Advait Energy Transitions	Fluidomat	Leapfrog Engineering Services
Debt to Equity	1.19	0.76	0.44	0.00	0.44
Short term debt to equity ratio	1.01	0.50	0.24	--	0.42
Current Ratio	1.46	1.83	1.32	7.73	1.73
Quick Ratio	0.69	1.23	1.14	7.28	1.63
Interest Coverage	3.34	3.70	5.71	514.70	5.00

Operating Efficiency Ratios

	IC Electricals	Vinyas Innovative	Advait Energy Transitions	Fluidomat	Leapfrog Engineering Services
Debtors to sales (%)	24.79	44.15	20.69	40.89	70.28
Asset Turnover	0.81	1.10	1.25	0.71	0.97
Receivable days	80.54	161.16	85.59	131.18	257.89
Inventory Days	233.87	91.28	18.62	26.79	16.13
Payable days	166.94	44.71	168.21	55.39	224.60
Cash Conversion Cycle	147.47	207.73	-64.00	102.58	49.43