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ERS Services
ERS Services
₹ 510 2 Y


Current Price:₹510
Market Cap:N/A
ISIN:EOS3B01010
Face Value:₹10
P/E Ratio:N/A
EPS:N/A
P/B Ratio:N/A
Book Value:N/A
Debt to Equity Ratio:N/A
Lot Size:500 Shares
52 Week High:₹510
52 Week Low:₹ 280
Depository:NSDL & CDSL
CIN:U55100MH2019PLC323344
ROE (%):84.3%
Total Shares:N/A
(in Rs. Crore) 2023 2022
Revenue 1241.05 241.05
Cost of Material Consumed - -
Gross Margins - -
Change in Inventory - -
Employee Benefit Expenses - -
Other Expenses - -
EBITDA 146.23 255
OPM 000 000
Other Income 84.3 46.5
Finance Cost - -
D&A - -
EBIT - 4.6
EBIT Margins - 0.4%
PBT 24.05 190
PBT Margins - -
Tax - -
PAT 125.05 190
NPM - -
EPS - -
Name Holding
Promotors& Promoters Group 65%
Companies or Partnership Firm & Public 35%

*Shares are held in the capacity as a Trustee of Financial Service Trust and Securities Services Trust.

Strengths
  • Credit Rating: Credit rating agency, Fitch, upgraded ERS Services’s rating to 'B' from 'B-' with a 'Stable' outlook.
  • Repayment of Debt: ERS Services has prepaid its debt up to ₹16.2 Bn Cr in Nov’23 which, further, brought down its gross debt to ₹37.2 Bn. They aims to be Net Debt-free by FY26.
  • Improving Profitability: ERS Services improved its EBITDA margins (as a % of GBV) from -44% in FY20 to ~+8% in FY24 with a net earning of ~₹100 Cr.
  • Franchise model: The Company as on date operates on a totally franchise model with no fixed payout commitments and eliminating capex requirements, boosting profitability.
  • Growing Outreach: In FY24, ERS Services added about 5,000 hotels and 6,000 homes globally.
Weaknesses
  • Delay in IPO: ERS Services filed two addendums to its prospectus, informing investors of its improved business performance in the first half of FY23. However, SEBI has requested additional information in the prospectus, particularly concerning business risk factors. This requirement has contributed to delays in ERS Services's IPO.
  • Subpar service quality: While ERS Services excels in offering rooms and ensures customers feel they receive good value for their money, the quality and reliability of its services are often questioned and remain quite controversial.
  • Falling Valuation: ERS Services's valuation dropped from ₹797.5 billion in Aug’21 to ₹287 bn in Jul’24
About ERS Services (ERS Services Unlisted Shares)

ERS Services buds Limited, established in 2019, is India's largest agro-commodities market with a vision to empower the common class population by bridging gaps in accessibility and affordability of premium quality products. Our flagship product, Rice Gold, exemplifies our commitment to connecting people with high-quality food grains.

Brief about ERS Services

ERS Services is a prominent player in the food processing industry, specializing in the production and distribution of high-quality, nutritious, and diverse food products. Established with a vision to provide healthy and affordable food options to the masses, ERS Services has grown into a trusted name in both domestic and international markets. The company's product portfolio includes a wide range of offerings, such as processed fruits and vegetables, dairy products, ready-to-eat meals, and specialty ingredeients. With a commitment to innovation, ERS Services continuously adapts to the changing demands of consumers by developing new and exciting products that cater to modern tastes and preferences. Over the years, ERS Services has built a robust supply chain and established strong relationships with farmers, suppliers, and distributors, ensuring the availability of fresh and quality ingredients. The company’s state-of-the-art manufacturing facilities are equipped with the latest technology, adhering to the highest standards of hygiene and safety. ERS Services ’s success is underpinned by its dedicated team of professionals, who bring together expertise in food technology, marketing, and supply chain management. The company’s focus on sustainability and ethical sourcing practices has also earned it recognition and accolades within the industry. Looking ahead, ERS Services is poised to expand its footprint by exploring new markets and enhancing its product offerings. The company’s strategic initiatives are aimed at driving growth while maintaining its core values of quality, innovation, and customer satisfaction.

  • Strategic Business Objectives
    ERS Services's strategic business objectives are anchored in its commitment to becoming a leading force in the food processing industry. The company aims to achieve sustained growth and profitability through the following key objectives:
  • Expansion of Product Portfolio:
    ERS Services is focused on diversifying its product offerings by introducing new and innovative food products. This includes expanding into niche markets and catering to the growing demand for organic and health-oriented food options.
  • Market Penetration and Geographic Expansion:
    The company plans to strengthen its presence in existing markets while also exploring new domestic and international markets. By leveraging its strong distribution network, ERS Services aims to increase its market share and establish itself as a global brand.
  • Investment in Technology and Innovation:
    ERS Services is committed to staying at the forefront of technological advancements in the food industry. The company plans to invest in state-of-the-art manufacturing facilities, research and development, and process automation to enhance product quality and operational efficiency.
  • Sustainability and Ethical Sourcing:
    As part of its long-term strategy, ERS Services is dedicated to promoting sustainability across its supply chain. The company prioritizes ethical sourcing of raw materials, reducing its environmental footprint, and supporting local communities through fair trade practices.
  • Customer-Centric Approach:
    ERS Services aims to build lasting relationships with its customers by delivering high-quality products that meet their evolving needs. The company’s strategic focus includes enhancing customer experience, improving product availability, and ensuring timely delivery.
  • Strengthening Operational Efficiency:
    ERS Services plans to optimize its supply chain and streamline operations to reduce costs and improve margins. The company’s strategic initiatives include implementing best practices in inventory management, logistics, and resource allocation.
  • Human Capital Development:
    Recognizing the importance of its workforce, ERS Services is committed to fostering a culture of continuous learning and development. The company aims to attract, retain, and nurture talent by providing opportunities for growth, training, and career advancement.

By aligning its operations with these strategic objectives, ERS Services is well-positioned to achieve its vision of becoming a leader in the food processing industry while delivering value to its stakeholders.

ERS Services(ERS Services Unlisted Shares)

₹ 510


ERS Services (ERS Services Unlisted Shares)

*Best In Industry


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