Eaton Fluid Power Limited
1 MAbout Eaton Fluid Power Limited
A Comprehensive Overview of Price & Journey
Understanding Eaton Fluid Power Limited Inception and Growth
Overview
Danfoss Systems Limited (earlier Eaton Fluid Power Limited) is a public company in India that makes and sells hydraulic equipment, like pumps, valves, and cylinders. As of March 2021, two companies owned almost all of the company's shares: ETN Holding 2 Limited, based in Mauritius, and Eaton Technologies Private Limited, based in India. On August 2, 2021, the two companies sold all their shares to Danfoss Fluid Power Private Limited. Eaton's headquarters is in Pune, India.
Business Segments
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Electrical Segment - Eaton's Electrical business in India is providing services and solutions to help with power distribution, power quality, control and automation, power monitoring, and backup. These services are available to commercial, residential, utility, alternative energy, IT and data centers, public sector institutions, and OEMs.
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Vehicle Segment - This company manufactures engine valves for a range of vehicles, including passenger cars, locomotives, and commercial vehicles.
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Filtration - This business specializes in creating and assembling filter elements and systems, as well as designing and manufacturing customized filter elements.
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Aerospace - Eaton is a leader in developing, manufacturing, and integrating the latest technology for airplanes. Their innovative products cover a wide range of areas, from cockpit interface to electrical power management, engine solutions, fuel and inerting, hydraulic systems, and motion control.
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Hydraulics - This company provides a variety of pumps, valves, power units, and cylinders as its key products. These products include gear pumps, vane pumps, piston pumps, valves, power units, and cylinders.
Board of Directors
-
Ravichandran Purushothaman, Director
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Prajakta Sangoram, Independent Director
Listing Status
DRHP Not Filed
IPO Details
The Company did not provide any information regarding the IPO plans of the company.
Dividend Details
The directors do not recommend any dividend for the year ending 31st March 2023.
Holding Company
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Danfoss Fluid Power Private Limited, India
Subsidiaries
There are no subsidiaries for the company under the period review.
Name Change
The company has changed its name from “EATON FLUID POWER LIMITED” to “DANFOSS SYSTEMS LIMITED,” with effect from 27th December 2022, and the Company has received a Certificate for change of Name from the Registrar of Companies, Pune.
Registered Office
The Registered office of the company is in Pune, Maharashtra, India
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Overview
Danfoss Systems Limited (earlier Eaton Fluid Power Limited) is a public company in India that makes and sells hydraulic equipment, like pumps, valves, and cylinders. As of March 2021, two companies owned almost all of the company's shares: ETN Holding 2 Limited, based in Mauritius, and Eaton Technologies Private Limited, based in India. On August 2, 2021, the two companies sold all their shares to Danfoss Fluid Power Private Limited. Eaton's headquarters is in Pune, India.
Business Segments
-
Electrical Segment - Eaton's Electrical business in India is providing services and solutions to help with power distribution, power quality, control and automation, power monitoring, and backup. These services are available to commercial, residential, utility, alternative energy, IT and data centers, public sector institutions, and OEMs.
-
Vehicle Segment - This company manufactures engine valves for a range of vehicles, including passenger cars, locomotives, and commercial vehicles.
-
Filtration - This business specializes in creating and assembling filter elements and systems, as well as designing and manufacturing customized filter elements.
-
Aerospace - Eaton is a leader in developing, manufacturing, and integrating the latest technology for airplanes. Their innovative products cover a wide range of areas, from cockpit interface to electrical power management, engine solutions, fuel and inerting, hydraulic systems, and motion control.
-
Hydraulics - This company provides a variety of pumps, valves, power units, and cylinders as its key products. These products include gear pumps, vane pumps, piston pumps, valves, power units, and cylinders.
Board of Directors
-
Ravichandran Purushothaman, Director
-
Prajakta Sangoram, Independent Director
Listing Status
DRHP Not Filed
IPO Details
The Company did not provide any information regarding the IPO plans of the company.
Dividend Details
The directors do not recommend any dividend for the year ending 31st March 2023.
Holding Company
-
Danfoss Fluid Power Private Limited, India
Subsidiaries
There are no subsidiaries for the company under the period review.
Name Change
The company has changed its name from “EATON FLUID POWER LIMITED” to “DANFOSS SYSTEMS LIMITED,” with effect from 27th December 2022, and the Company has received a Certificate for change of Name from the Registrar of Companies, Pune.
Registered Office
The Registered office of the company is in Pune, Maharashtra, India
About Eaton Fluid Power Limited
IPO Details, Price movement
Performance Highlights for FY 2023-24
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The Company’s revenue from operations increased to Rs 517 Crores in FY24 from Rs. 478 Crores in FY23.
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The Total Expense (excluding finance cost and depreciation cost) increased by 19.4% from Rs 232.5 Crores in FY23 to Rs 277.6 Crores in FY24.
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The Profit Before tax was Rs 16.9 Crores in FY23 and reached Rs 29.1 Crores in FY24.
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The Profit After tax was Rs 11 Crores in FY23 and reached Rs 21.6 Crores in FY24.
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There is a cash inflow of Rs 46.1 Crores from Operating Activities.
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The company spent Rs 8.7 Crores on Investing activity.
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The company spent Rs 37.4 Crores on Financing activity.
Fundamentals
Financials
All values are INR Cr except per share value
| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 456.46 | 477.72 | 517.14 |
| Other Income | 3.78 | 4.71 | 6.05 |
| COGS | 227.74 | 216.84 | 200.18 |
| Gross Profit | 232.50 | 265.58 | 323.02 |
| Total Expense | 183.57 | 232.48 | 277.64 |
| EBIDTA | 48.93 | 33.10 | 45.38 |
| D&A | 9.26 | 8.57 | 10.67 |
| EBIT | 39.67 | 24.54 | 34.71 |
| Interest Expense | 7.54 | 7.61 | 5.63 |
| PBT | 32.12 | 16.93 | 29.08 |
| TAX | 5.27 | 5.93 | 7.44 |
| PAT | 26.86 | 11.00 | 21.64 |
| Diluted EPS | 38.56 | 15.79 | 31.09 |
| Basic EPS | 38.56 | 15.79 | 31.09 |
| Total income | 460.24 | 482.43 | 523.19 |
ASSETS
| CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Cash and Cash Equivalents | 4.38 | 0.35 | 0.35 |
| Trade Payables | 103.25 | 100.87 | 87.53 |
| Inventory | 85.84 | 80.05 | 75.10 |
| Other Current Assets | 17.60 | 9.41 | 17.43 |
| Total Current Assets | 211.07 | 190.68 | 180.41 |
| NON CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Plant Property and Equipment | 54.80 | 59.88 | 53.24 |
| Other Non Current Assets | 29.35 | 27.96 | 36.94 |
| Total Non Current Assets | 84.15 | 87.84 | 90.18 |
| Total Assets | 295.22 | 278.52 | 270.59 |
|---|
| CURRENT LIABILITES | 2022 | 2023 | 2024 |
|---|---|---|---|
| TRADW Payable | 91.83 | 91.84 | 97.79 |
| Other Current Liab | 45.16 | 55.75 | 62.59 |
| NON CURRENTLIABILITIES | 2022 | 2023 | 2024 |
|---|---|---|---|
| Long Term Debt | 83.75 | 46.75 | - |
| Other Non Current Liab | 0.40 | - | 1.67 |
LIABILITIES
| EQUITY | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 6.96 | 6.96 | 6.96 |
| Other Equity | 67.07 | 77.21 | 101.58 |
| Total Equity | 74.03 | 84.17 | 108.54 |
| Total Liabilities & Equity | 74.03 | 84.17 | 108.54 |
|---|
| CASH FLOW STAT | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Cash Flow from operating | - | 27.99 | 47.82 | 46.06 |
| Cash Flow from financing | - | -14.30 | -36.77 | -37.37 |
| Cash Flow from investing | - | -18.00 | -15.09 | -8.68 |
| Net cash flow | 0.00 | -4.31 | -4.04 | 0.01 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2026
| Name | Designation | Share % |
|---|---|---|
| Danfoss Fluid Power Private Limited, India | NA | 97.61% |
| Others | NA | 2.39% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.