Ecopmin Technologies UNLISTED SHARE PRICE

Ecopmin technologies is an unlisted company trading in the private market. Unlike listed companies, valuation and share price of unlisted or pre-IPO companies are determined via negotiation and demand & supply Ecopmin technologies unlisted share.

Investors looking for diversification of their portfolio should carefully analyse Ecopmin technologies unlisted share price, valuation and research report for the latest year. This is the comprehensive coverage of Ecopmin technologies unlisted share that answers simple questions of investors such as how to buy unlisted/ pre-IPO shares of Ecopmin technologies? what are does Ecopmin technologies do? and How has Ecopmin technologies performed in the recent years?

What does Ecopmin do?

Incorporated on March 1, 2017 Ecopmin technologies is an electronics-manufacturing-automation company headquartered in Chennai. The company specializes in PCB (printed circuit board) handling systems, SMT (Surface Mount Technology) process equipment and electronics-manufacturing consumables.

Products & Services

• SMT & PCB Handling Equipment
• Customized Line Automation
• Eco-Friendly Consumables
• Maintenance & Spare Parts
• Technical Training & Line Inspection

How did Ecopmin performed during the previous year?

Ecopmin Technologies Financial Snapshot

• Between FY21 and FY23, the company grew 52.8%, it shows the company’s ability to expand fast in SMT and automation equipment manufacturing before normalizing.
• As per latest reports, EBITDA of the company turned positive in FY24 showing an increase of 107.22% as scaling pressure eased.
• Numbers clearly indicate the widened loss due to customer acquisition costs and expansion pressure.

Who are peers or competitors of Ecopmin technologies?

Ecopmin operates in Surface Mount Technology equipment, PCB handling automation and assembly consumables sector. Its direct competitors are:

Domestic SMT Equipment & Line Automation Competitors

• NMTronics India
• Maxim SMT Technologies
• Accurex Solutions
• Innorade Manufacturing & Enerprone

Global PCB Handling & SMT Machinery Peers

• Nutek
• ASMPT
• Panasonic Factory Solutions
• Juki Automation

SMT Cleaning & Consumables Peers

• ZESTRON & Kyzen
• Senju Metal Industry & Kester

Is Ecopmin a good investment opportunity?

Investors who are looking to diversify their portfolio should carefully analyze following facts:

Reasons for Optimism

• Reported revenue grew exponentially with 60% YoY. Top line growth has been driven by tailwinds in Indian electronics manufacturing and PLI supported EMS capacity expansion.
• Ecopmin stands apart from its peers due its defensible niche market (SMT process equipment and consumables) rather than a broad, easily copied consumer story.
• Ecopmin is founded by credible promoters like ex-Nokia engineer and global partner (HS Global Korea). The company also claims to have multi-country footprint.
• Ecopmin is backed by credible institutional investors. It has ISO 9001:2015 certification and state-linked investors (StartupTN).

Reasons for caution

• Capital base of Rs 24 lakh and headcount under 40, implies 230 Cr market cap and P/S multiple roughly 5.7x. The gap is huge but it can be justified with high sustained growth.
• The company has not filed its DRHP.
• Company claims to have 20%+ market share and top 3 positioning claims that were not corroborated independently.
• Bottom line of the company has been under the water for past few years, which limits any earnings-based valuation check.