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Elin Electronics Overview

Elin Electronics Ltd is a company that specializes in the design, development, and manufacturing of electronic products and systems. Based in India, the company offers a wide range of products, including consumer electronics, home appliances, lighting solutions, and power electronics. With a focus on innovation and quality, Elin Electronics aims to provide customers with reliable and affordable products that meet their needs and exceed their expectations. The company's research and development team works tirelessly to develop new technologies a...Read More

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Elin Electronics Key Financials

Market Cap ₹602 Cr.

Stock P/E 20.5

P/B 1.1

Current Price ₹121.1

Book Value ₹ 112.5

Face Value 5

52W High ₹233.6

Dividend Yield 0%

52W Low ₹ 94

Elin Electronics Share Price

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Volume
Price

Elin Electronics Quarterly Price

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Elin Electronics Peer Comparison

Elin Electronics Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 273 237 278 294 305 266 316 295 375 294
Other Income 2 2 2 2 3 2 11 3 2 2
Total Income 275 239 280 296 307 268 327 298 376 295
Total Expenditure 263 228 265 280 293 259 296 278 354 282
Operating Profit 12 10 15 16 14 10 31 21 22 13
Interest 1 2 2 2 2 2 2 2 2 2
Depreciation 5 5 7 6 5 6 7 6 6 6
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -1
Profit Before Tax 6 4 5 8 6 2 22 13 14 5
Provision for Tax 2 1 2 2 2 1 5 3 4 1
Profit After Tax 4 3 4 6 5 1 17 9 10 4
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 4 3 4 6 5 1 17 9 10 4
Adjusted Earnings Per Share 0.8 0.6 0.7 1.2 1 0.3 3.5 1.9 2.1 0.8

Elin Electronics Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 475 438 494 618 786 862 1094 1075 1042 1180 1280
Other Income 1 1 1 1 1 3 1 2 9 18 18
Total Income 476 439 495 618 787 865 1095 1078 1051 1199 1296
Total Expenditure 436 403 457 575 730 796 1015 1010 1001 1128 1210
Operating Profit 41 37 38 43 56 69 80 67 50 71 87
Interest 9 9 9 11 12 10 13 13 8 8 8
Depreciation 9 11 12 14 20 12 14 19 22 25 25
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 -1
Profit Before Tax 23 16 17 18 24 47 53 36 20 39 54
Provision for Tax 5 4 4 3 6 13 14 9 6 9 13
Profit After Tax 18 13 13 15 19 35 39 27 14 29 40
Adjustments 2 2 2 3 0 0 0 0 0 0 0
Profit After Adjustments 20 14 15 18 19 35 39 27 14 29 40
Adjusted Earnings Per Share 5.2 3.7 4.1 4.7 4.6 8.5 9.6 5.6 2.9 6 8.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 13% 3% 8% 0%
Operating Profit CAGR 42% -4% 5% 0%
PAT CAGR 107% -9% 9% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -12% -4% NA% NA%
ROE Average 6% 5% 9% 10%
ROCE Average 9% 8% 12% 13%

Elin Electronics Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 116 130 145 163 209 262 303 493 503 534
Minority's Interest 0 0 0 0 0 0 0 0 0 0
Borrowings 25 31 32 39 40 37 34 40 0 0
Other Non-Current Liabilities -0 0 1 0 1 9 10 12 12 14
Total Current Liabilities 89 74 112 136 126 200 185 190 154 186
Total Liabilities 229 235 289 337 376 508 533 734 669 734
Fixed Assets 66 79 84 99 134 161 188 232 224 246
Other Non-Current Assets 27 26 41 47 17 21 23 41 22 12
Total Current Assets 136 130 164 191 225 326 322 461 423 476
Total Assets 229 235 289 337 376 508 533 734 669 734

Elin Electronics Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 3 3 2 11 3 9 5 4 0 0
Cash Flow from Operating Activities 17 36 44 15 83 -34 57 62 43 17
Cash Flow from Investing Activities -27 -23 -30 -27 -43 -5 -28 -197 36 -21
Cash Flow from Financing Activities 10 -14 -5 3 -33 34 -30 131 -79 4
Net Cash Inflow / Outflow 0 -1 9 -8 6 -4 -1 -4 -0 -0
Closing Cash & Cash Equivalent 3 2 11 2 9 5 4 0 0 0

Elin Electronics Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 5.25 3.72 4.06 4.68 4.55 8.53 9.59 5.59 2.89 6.02
CEPS(Rs) 7.03 6.28 6.73 7.62 9.51 11.43 13.11 9.48 7.45 11.07
DPS(Rs) 0 0 0 0 0 0 1 1 0 0
Book NAV/Share(Rs) 30.63 34.35 38.41 43.09 51.13 64.22 74.22 102.89 104.97 109.64
Core EBITDA Margin(%) 7.5 7.26 7.44 6.87 7.05 7.71 7.22 6.05 3.89 4.44
EBIT Margin(%) 6.08 5.2 5.15 4.72 4.6 6.63 6 4.53 2.67 3.91
Pre Tax Margin(%) 4.32 3.36 3.4 2.95 3.11 5.51 4.83 3.32 1.89 3.26
PAT Margin (%) 3.37 2.57 2.59 2.39 2.37 4.04 3.58 2.49 1.33 2.48
Cash Profit Margin (%) 5.05 4.86 5.01 4.65 4.95 5.41 4.89 4.22 3.43 4.57
ROA(%) 7.72 5.4 5.01 4.71 5.21 7.88 7.53 4.23 1.98 4.18
ROE(%) 15.31 10.21 9.56 9.59 10.01 14.8 13.86 6.73 2.79 5.65
ROCE(%) 17.29 13.67 13.3 13.06 13.94 17.46 16.78 9.99 5.09 8.5
Receivable days 55.54 58.96 57.78 55.86 45.82 57.89 60.07 63.6 69.53 65.87
Inventory Days 30.55 31.93 33.87 34.84 33.72 41.24 39.16 41.26 40.99 36.87
Payable days 37.33 44.05 52.57 54.77 46.42 50.46 45.6 51.8 55.75 48.61
PER(x) 0 0 0 0 0 0 0 21.59 45.94 19.74
Price/Book(x) 0 0 0 0 0 0 0 1.17 1.27 1.08
Dividend Yield(%) 0 0 0 0 0 0 0 0.83 0 0
EV/Net Sales(x) 0.15 0.14 0.12 0.13 0.08 0.13 0.11 0.52 0.63 0.49
EV/Core EBITDA(x) 1.78 1.67 1.49 1.87 1.18 1.67 1.47 8.27 13.2 8.15
Net Sales Growth(%) 0 -7.79 12.83 24.95 27.18 9.78 26.83 -1.68 -3.13 13.29
EBIT Growth(%) 0 -20.66 2.9 11.58 23.99 58.31 14.71 -25.64 -42.99 65.83
PAT Growth(%) 0 -29.29 4.82 12.41 26.02 87.57 12.41 -31.59 -48.24 111.35
EPS Growth(%) 0 -29.13 9.22 15.3 -2.82 87.57 12.41 -41.71 -48.24 107.97
Debt/Equity(x) 0.6 0.44 0.42 0.47 0.34 0.43 0.34 0.16 0.04 0.05
Current Ratio(x) 1.53 1.75 1.47 1.41 1.78 1.63 1.74 2.43 2.74 2.56
Quick Ratio(x) 1.04 1.19 1 0.93 1.15 1.05 1.09 1.78 2.03 1.87
Interest Cover(x) 3.45 2.83 2.94 2.67 3.1 5.91 5.16 3.73 3.43 6.08
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0.13 0.03 0.05

Elin Electronics Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 32.97 32.99 33.41 33.41 33.41 33.41 32.98 32.98 32.98 32.98
FII 1.03 0.55 0.35 0.97 0.86 0.38 0.41 0.69 0.78 0.68
DII 13.66 11.93 11.9 13.1 12.58 12.06 10.77 7.61 5.53 6.14
Public 52.34 54.53 54.34 52.52 53.14 54.15 55.84 58.73 60.71 60.2
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Elin Electronics News

Elin Electronics Pros & Cons

Pros

  • Debtor days have improved from 55.75 to 48.61days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 32.98%.
  • Company has a low return on equity of 5% over the last 3 years.
  • The company has delivered a poor profit growth of 8% over past five years.
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