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Eleganz Interiors Overview

1. Business Overview

Eleganz Interiors Ltd. (ELGNZ) is an Indian engineering and construction company specializing in interior design, fit-out, and project execution services. Its core business model involves providing end-to-end solutions for various spaces, encompassing design conceptualization, material procurement, project management, and final installation. The company generates revenue primarily through contractual agreements with clients for these comprehensive services, aiming for profitability through efficient project execution, quality assurance, and timely delivery.

2. Key Segments / Revenue Mix

While specific data is not available, given its name and sector, Eleganz Interiors Ltd. likely operates across key segments such as:

Commercial Interiors: Design and fit-out for corporate offices, retail spaces, hospitality establishments (hotels, restaurants), and healthcare facilities.

Residential Interiors: High-end design and execution for individual homes, apartments, and residential complexes.

Institutional Interiors: Projects for educational institutions, government buildings, or other public spaces.

Revenue is derived from project fees, supply of materials, and labor services.

3. Industry & Positioning

The Indian engineering and construction sector, particularly the interiors segment, is characterized by high fragmentation with both organized national players and numerous unorganized local entities. Demand is closely tied to the real estate cycle, urbanization, and corporate expansion. Eleganz Interiors Ltd. likely positions itself by emphasizing design excellence, project management capabilities, quality craftsmanship, and adherence to timelines. Its standing against peers would depend on its project portfolio, client relationships, and operational efficiency in a competitive landscape.

4. Competitive Advantage (Moat)

Eleganz Interiors Ltd. may possess competitive advantages through:

Brand Reputation: A track record of successful project deliveries and client satisfaction can build a strong reputation for quality and reliability, leading to repeat business and referrals.

Specialized Expertise: Niche specialization in certain types of interiors (e.g., luxury residential, complex commercial fit-outs) or specific design capabilities can differentiate it.

Strong Client Relationships: Long-term relationships with corporate clients, developers, or high-net-worth individuals can provide a stable pipeline of projects.

Operational Efficiency: Effective supply chain management, skilled labor force, and project execution capabilities can lead to cost advantages and better margins.

5. Growth Drivers

Key factors that can drive growth for Eleganz Interiors Ltd. over the next 3-5 years include:

Urbanization & Real Estate Growth: Continued growth in urban population and real estate development (residential, commercial, retail) fuels demand for interior services.

Increasing Disposable Incomes: Rising affluence leads to higher spending on professional interior design and fit-outs for both homes and workplaces.

Corporate Expansion: Growth in various industries and sectors drives demand for new office spaces, retail outlets, and hospitality venues requiring interior work.

Focus on Organized Players: A gradual shift from unorganized contractors to organized, quality-focused firms benefits established players like Eleganz Interiors.

Infrastructure Development: Broader economic growth spurred by infrastructure spending can indirectly boost real estate and interior project demand.

6. Risks

Eleganz Interiors Ltd. faces several business risks:

Cyclicality of Real Estate: The company's performance is highly dependent on the cyclical nature of the real estate and construction sectors, making it vulnerable to economic downturns.

Raw Material Price Volatility: Fluctuations in the cost of key raw materials (e.g., wood, glass, metals, finishes) can impact project profitability if not managed effectively.

Intense Competition: The fragmented nature of the industry leads to significant price competition and pressure on margins.

Labor Availability & Costs: Shortages of skilled labor or increasing labor costs can lead to project delays and higher operational expenses.

Project Delays & Cost Overruns: Large-scale projects are susceptible to unforeseen delays, regulatory hurdles, and cost overruns, which can erode profits and damage reputation.

Working Capital Management: Efficient management of working capital is crucial given the project-based nature and often staggered payment schedules.

7. Management & Ownership

Eleganz Interiors Ltd. is likely a promoter-led or family-owned business, typical for many Indian companies. The quality of management would hinge on their experience in the engineering and construction sector, their ability to execute projects efficiently, manage client relationships, and navigate market cycles. Ownership is expected to be concentrated among the promoters, with the public holding a smaller stake if listed, though specific details are unavailable.

8. Outlook

Eleganz Interiors Ltd. operates in a sector with significant long-term growth potential, driven by India's urbanization and economic development, which will continue to fuel demand for well-designed and executed interior spaces. The company's ability to maintain a strong brand reputation for quality, manage project execution efficiently, and adapt to evolving client needs will be crucial for sustained growth. However, it will need to navigate risks associated with the cyclical nature of real estate, intense competition, and volatile input costs. Its success will depend on its capacity to secure and profitably deliver projects, ensuring strong client relationships and operational excellence in a dynamic market.

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Eleganz Interiors Key Financials

Market Cap ₹199 Cr.

Stock P/E 9.6

P/B 1.3

Current Price ₹88

Book Value ₹ 67.4

Face Value 10

52W High ₹163.5

Dividend Yield 0%

52W Low ₹ 52

Eleganz Interiors Share Price

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Volume
Price

Eleganz Interiors Quarterly Price

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Eleganz Interiors Peer Comparison

Eleganz Interiors Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Eleganz Interiors Profit & Loss

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 79 173 227 296 145 154 190 221 393
Other Income 1 1 0 1 1 2 1 2 2
Total Income 80 173 227 296 146 155 191 223 395
Total Expenditure 74 159 208 275 154 147 177 201 359
Operating Profit 6 15 19 22 -8 8 14 22 35
Interest 1 3 4 7 4 2 2 4 5
Depreciation 1 1 2 2 1 1 2 2 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0
Profit Before Tax 4 10 13 13 -14 5 11 16 28
Provision for Tax 3 4 3 4 0 0 0 4 8
Profit After Tax 2 7 10 10 -14 5 10 12 21
Adjustments 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 7 10 10 -14 5 10 12 21
Adjusted Earnings Per Share 1.2 4.3 6.5 6.2 -8.9 3.3 6.7 7.9 9.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 78% 37% 6% 0%
Operating Profit CAGR 59% 64% 10% 0%
PAT CAGR 75% 61% 16% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -41% NA% NA% NA%
ROE Average 20% 26% 10% 21%
ROCE Average 26% 24% 14% 22%

Eleganz Interiors Balance Sheet

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 10 17 27 37 23 29 39 51 152
Minority's Interest 0 0 0 0 0 0 0 0 0
Borrowings 5 6 2 2 2 3 7 6 2
Other Non-Current Liabilities 1 1 1 1 1 1 1 1 1
Total Current Liabilities 27 64 100 125 65 71 70 114 74
Total Liabilities 44 88 130 165 92 103 116 172 229
Fixed Assets 3 5 6 7 6 10 11 11 12
Other Non-Current Assets 7 7 7 6 6 3 4 5 51
Total Current Assets 33 76 118 151 79 90 101 156 166
Total Assets 44 88 130 165 92 103 116 172 229

Eleganz Interiors Cash Flow

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 5 2 6 1 0 2 8
Cash Flow from Operating Activities 2 -1 12 15 13 -6 1 -4 4
Cash Flow from Investing Activities -8 -4 -2 -3 0 1 -3 -2 -49
Cash Flow from Financing Activities 6 10 -6 -8 -13 3 3 11 39
Net Cash Inflow / Outflow 0 4 4 4 0 -1 2 6 -6
Closing Cash & Cash Equivalent 1 5 9 6 6 0 2 8 2

Eleganz Interiors Ratios

# Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.24 4.32 6.49 6.23 -8.89 3.32 6.71 7.95 9.16
CEPS(Rs) 1.79 5.02 7.48 7.41 -7.92 4.12 7.69 9.27 10.35
DPS(Rs) 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 6.69 11.17 17.66 23.89 14.99 18.78 25.5 33.44 67.45
Core EBITDA Margin(%) 7.11 7.9 8.27 7.15 -6.29 4.42 7 8.98 8.52
EBIT Margin(%) 6.93 7.8 7.77 6.75 -6.7 4.6 6.71 8.87 8.35
Pre Tax Margin(%) 5.54 6.05 5.87 4.47 -9.34 3.32 5.52 7.27 7.18
PAT Margin (%) 2.39 3.84 4.4 3.23 -9.43 3.31 5.42 5.52 5.27
Cash Profit Margin (%) 3.45 4.47 5.07 3.85 -8.4 4.12 6.21 6.43 5.96
ROA(%) 4.35 10.09 9.14 6.48 -10.65 5.24 9.41 8.48 10.33
ROE(%) 18.49 48.35 45 29.98 -45.76 19.64 30.32 26.96 20.32
ROCE(%) 25.03 39.83 33.3 31.07 -17.81 15.36 21.49 24.29 26
Receivable days 81.81 49.56 55.92 49.93 78.76 61.27 63.05 69.18 42.32
Inventory Days 25.7 18.23 27.53 33.26 59.5 41.49 40.26 60.38 55.01
Payable days 106.93 84.46 150.89 150.8 302.21 111.2 78.74 95.66 52.92
PER(x) 0 0 0 0 0 0 0 0 13.33
Price/Book(x) 0 0 0 0 0 0 0 0 1.81
Dividend Yield(%) 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.12 0.14 0.11 0.08 0.09 0.14 0.12 0.19 0.69
EV/Core EBITDA(x) 1.47 1.68 1.3 1.06 -1.51 2.53 1.54 1.94 7.65
Net Sales Growth(%) 0 117.58 31.27 30.53 -51.02 6.2 23.68 16.31 77.46
EBIT Growth(%) 0 144.35 30.74 13.36 -148.63 172.92 80.56 53.62 67.05
PAT Growth(%) 0 249.06 50.23 -4 -242.83 137.28 102.43 18.37 69.65
EPS Growth(%) 0 249.06 50.23 -4 -242.83 137.28 102.43 18.37 15.3
Debt/Equity(x) 1.14 1.66 1.22 0.86 0.77 0.78 0.72 0.83 0.04
Current Ratio(x) 1.26 1.19 1.18 1.21 1.22 1.27 1.45 1.37 2.24
Quick Ratio(x) 1.05 1.01 0.95 0.96 0.98 1 1.13 0.93 1.32
Interest Cover(x) 4.99 4.44 4.08 2.96 -2.54 3.6 5.64 5.54 7.17
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0.02

Eleganz Interiors Shareholding Pattern

# Mar 2025 Sep 2025 Mar 2026
Promoter 68.98 68.98 69.23
FII 3.08 0.76 0.19
DII 8.17 5.71 5.84
Public 19.77 24.55 24.74
Others 0 0 0
Total 100 100 100

Eleganz Interiors News

Eleganz Interiors Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 26%
  • Debtor days have improved from 95.66 to 52.92days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
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