Eraaya Lifespaces Ltd
ERAAYAEraaya Lifespaces Ltd
ERAAYA
Price Chart
Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
LowProfitability and efficiency haven't been upto the mark
Entry point
BadThe stock is in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 2,693.81 | -5,304.74 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 0.36 | 0.01 | 3.57% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Justride Enterprises Ltd. manufactures bicycles. The Company produces and distributes bicycles and tricycles. Justride Enterprises distributes products to wholesalers and retailers throughout India.
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.02 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.25 | 297.57 | 272.05 | ||||||||||
Raw Materials | 0.04 | 0.19 | 0.16 | 0.19 | 0.08 | 0.07 | 0.06 | 0.16 | 297.11 | 270.30 | ||||||||||
| Power & Fuel Cost | ||||||||||||||||||||
| Employee Cost | ||||||||||||||||||||
| Selling & Administrative Expenses | ||||||||||||||||||||
| Operating & Other expenses | ||||||||||||||||||||
EBITDA | -0.04 | -0.17 | -0.16 | -0.19 | -0.06 | -0.07 | -0.06 | 0.09 | 0.46 | 1.75 | ||||||||||
| Depreciation/Amortization | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.07 | ||||||||||
| PBIT | -0.04 | -0.17 | -0.16 | -0.19 | -0.06 | -0.07 | -0.06 | 0.09 | 0.43 | 1.68 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | -0.04 | -0.17 | -0.16 | -0.19 | -0.06 | -0.07 | -0.06 | 0.09 | 0.43 | 1.68 | ||||||||||
| Taxes & Other Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.40 | ||||||||||
| Net Income | -0.04 | -0.17 | -0.16 | -0.19 | -0.06 | -0.07 | -0.06 | 0.09 | 0.34 | 1.28 | ||||||||||
| EPS | -0.08 | -0.65 | -3.38 | -4.02 | -0.62 | -0.48 | -0.41 | 0.61 | 0.22 | 8.69 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
-Cycles
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Eraaya Lifespaces Ltd | 10,141.41 | -5,304.74 | — |
| Tube Investments of India Ltd | 64.10 | 11.41 | 0.09% |
Price Comparison
Compare ERAAYA with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 17.74%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Aug 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
ERAAYA has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeEraaya Lifespaces announced the resignation of Shweta Singh from the post of Chief Operating Officer w.e.f. 04 September 2024.Powered by Capital Market - Live
The Board of Eraaya Lifespaces at its meeting held on 04 September 2024 has approved appointment of C.S. Murty is appointed as Chief Financial Officer of the company with immediate effect, as company's previous Chief Financial Officer Meenakshi Sharma is absenting from her duties for last 4-5 weeks without any proper explanation and is currently not accessible. Powered by Capital Market - Live
The Board of Eraaya Lifespaces at its meeting held on 04 September 2024 has approved raising funds up to Rs 1028.7 crore by way of preferential issue of convertible warrants. Powered by Capital Market - Live
Eraaya Lifespaces announced the successful completion of the payment of USD 151.577 million (~ Rs 1273.25 crore) for the acquisition of Ebix Inc. USA and its global subsidiaries. With this landmark, the Chapter 11 proceedings for Ebix Inc come to an end and Eraaya will be the holding company of Ebix Inc. and all its subsidiaries henceforth. Powered by Capital Market - Live
Eraaya Lifespaces announced that the consortium led by Eraaya has further remitted US$ 37 Million (Rs 310.80 crore approx) towards the acquisition of Ebix Inc. Eraaya successfully completed the Qualified Institutional Placement (QIP) issue on the 14 August 2024 raising about Rs 248.50 crore. The company has moved to raise the remaining required capital through issuing additional securities, convertible bonds, and other financial instruments in the international market. Powered by Capital Market - Live
Eraaya Lifespaces announced that the 58th Annual General Meeting (AGM) of the company will be held on 16 September 2024.Powered by Capital Market - Live
Eraaya Lifespaces has launched a Qualified Institutions Placement of equity shares today with floor price of Rs 798.40 per equity share. Powered by Capital Market - Live
The Consortium led by Eraaya had submitted a bid to acquire 100% Equity of Ebix Inc. during June 2024, which had been subsequently approved and accepted as the highest and best bid for Ebix Inc and eventually declared as the winner following the auction process overseen by the U.S. Bankruptcy Court at an ascribed enterprise value of USD 361 Million (Rs 3,009 crore approximately). The acquisition, to be effectuated through a Plan of Reorganization proposed under the Chapter 11 proceedings, went through the negotiations among the consortium, Ebix, and Ebix's creditors and other stakeholders. The U.S. Bankruptcy Court had earlier allowed the Plan of Reorganization to be sent to creditors for voting and scheduled a hearing to consider approval of the plan, which has finally got through the steps involved in the process with the final approval submitted and finally approved at the Relevant Courts. The acquisition includes 100% of the equity in Ebix by the Consortium which includes assets and certain liabilities in the worldwide subsidiaries of Ebix. Whereas The Consortium has already deposited an amount of USD 56.327 Million (Rs 466.95 crore Approx) till date, and the balance Final Payment USD 95.25 (Rs 789.60 crore Approx) will be made within August 2024.Powered by Capital Market - Live
Eraaya Lifespaces shared the updates on the status of the acquisition process of Ebix Inc., wherein an amount of USD 14 Million (Rs 117 crore approx) has been remitted on by the Consortium 26 July 2024; making it a total of USD 35.75 Million (Rs 299 crore approx) paid till date. Further USD 6.60 Million (Rs 55 crore approx) and (+) USD 14 Million (Rs 117 crore approx) will also be paid within July 2024 and the balance Final Payment will be made within August 2024. The bid submitted by the consortium led by Eraaya Lifespaces had been approved and accepted as the highest and best bid for Ebix and declared as the winner following the auction process overseen by the U.S. Bankruptcy Court at an ascribed enterprise value of USD 361 Million (Rs 3,009 crore approx). The acquisition will be effectuated through Ebix's Plan of Reorganization proposed in its Chapter 11 proceedings, subject to ongoing negotiations among the consortium, Ebix, and Ebix's creditors and other stakeholders. The U.S. Bankruptcy Court had allowed the Plan of Reorganization to be sent to creditors for voting and scheduled a hearing to consider approval of the plan. The acquisition includes 100% of the equity in Ebix by the Consortium which includes assets and certain liabilities in the worldwide subsidiaries of Ebix. Powered by Capital Market - Live
Justride Enterprises reports standalone net loss of Rs 0.04 crore in the June 2021 quarter
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 7.80%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant