Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 4:32 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 500123 | NSE: ELANTAS

Elantas Beck India Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹7,177.28Overvalued by 13.68%vs CMP ₹8,315.00

P/E (44.6) × ROE (15.8%) × BV (₹1,272.00) × DY (0.09%)

₹3,350.59Overvalued by 59.70%vs CMP ₹8,315.00
MoS: -148.2% (Negative)Confidence: 66/100 (Moderate)Models: 1 Fair, 9 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹8,410.5920%Fair (+1.1%)
Graham NumberEarnings₹2,309.7715%Over (-72.2%)
Earnings PowerEarnings₹1,480.3712%Over (-82.2%)
DCFCash Flow₹4,114.2310%Over (-50.5%)
Net Asset ValueAssets₹1,271.477%Over (-84.7%)
EV/EBITDAEnterprise₹2,921.358%Over (-64.9%)
Dividend DiscountDividends₹275.008%Over (-96.7%)
Earnings YieldEarnings₹1,864.107%Over (-77.6%)
ROCE CapitalReturns₹1,868.008%Over (-77.5%)
Revenue MultipleRevenue₹1,604.475%Over (-80.7%)
Consensus (10 models)₹3,350.59100%Overvalued
Key Drivers: Wide model spread (₹275–₹8,411) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 17.2%

*Investments are subject to market risks

Investment Snapshot

70
Elantas Beck India Ltd scores 70/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health83/100 · Strong
ROCE 21.2% ExcellentROE 15.8% GoodD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 75.0% Stable
Earnings Quality50/100 · Moderate
OPM stable around 20% Steady
Quarterly Momentum68/100 · Strong
Revenue (4Q): +13% YoY GrowingProfit (4Q): +5% YoY Positive
Industry Rank90/100 · Strong
P/E 44.6 vs industry 143.3 Cheaper than peersROCE 21.2% vs industry 13.8% Above peersROE 15.8% vs industry 10.0% Above peers3Y sales CAGR: 10% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:32 am

Market Cap 6,592 Cr.
Current Price 8,315
Intrinsic Value₹3,350.59
High / Low 14,250/7,111
Stock P/E44.6
Book Value 1,272
Dividend Yield0.09 %
ROCE21.2 %
ROE15.8 %
Face Value 10.0
PEG Ratio2.60

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Elantas Beck India Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Elantas Beck India Ltd 6,592 Cr. 8,315 14,250/7,11144.6 1,2720.09 %21.2 %15.8 % 10.0
Alkyl Amines Chemicals Ltd 6,727 Cr. 1,315 2,449/1,21237.2 2820.76 %18.7 %14.0 % 2.00
Foseco India Ltd 3,483 Cr. 4,621 6,846/3,25142.5 1,3790.54 %16.3 %11.9 % 10.0
Balaji Amines Ltd 3,308 Cr. 1,021 1,946/90523.0 5811.08 %11.0 %8.83 % 2.00
Oriental Aromatics Ltd 826 Cr. 245 432/2271,116 1970.20 %7.89 %5.31 % 5.00
Industry Average4,113.08 Cr1,348.11143.25384.560.50%13.78%9.96%7.56

All Competitor Stocks of Elantas Beck India Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 165169173163174177191184197206210217215
Expenses 136134138126138139153150162166170169170
Operating Profit 29363537363839333540404745
OPM % 17%21%20%23%20%21%20%18%18%20%19%22%21%
Other Income 10815121715171210918714
Interest 0000000000000
Depreciation 3333333455566
Profit before tax 35404747494952424044534953
Tax % 25%26%25%25%25%25%20%25%26%26%26%25%25%
Net Profit 26303535373742313033393639
EPS in Rs 33.4037.9144.6843.9346.6746.5652.7939.1937.5141.4649.5645.7449.66

Last Updated: March 3, 2026, 10:06 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 4:45 am

MetricDec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Sales 341344365383409394383522645680749848
Expenses 299282287304344340313444535537604676
Operating Profit 4262797865547078110143144172
OPM % 12%18%22%20%16%14%18%15%17%21%19%20%
Other Income 86893118222532535548
Interest 000000001111
Depreciation 565677121212121521
Profit before tax 4562818189648091129184183199
Tax % 30%32%33%32%26%22%23%27%24%25%24%26%
Net Profit 324254556650626798137140148
EPS in Rs 39.8752.6868.7369.4882.9962.5177.9084.36123.34173.19176.04186.41
Dividend Payout % 11%9%7%6%5%8%6%6%4%3%4%4%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year
YoY Net Profit Growth (%)
Change in YoY Net Profit Growth (%)

No data available for trend analysis.

Growth

Compounded Sales Growth
10 Years:8%
5 Years:14%
3 Years:13%
TTM:13%
Compounded Profit Growth
10 Years:17%
5 Years:23%
3 Years:33%
TTM:-12%
Stock Price CAGR
10 Years:25%
5 Years:34%
3 Years:34%
1 Year:-9%
Return on Equity
10 Years:18%
5 Years:17%
3 Years:18%
Last Year:17%

Last Updated: September 5, 2025, 3:21 pm

Balance Sheet

Last Updated: March 3, 2026, 2:54 am

MonthDec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Equity Capital 888888888888
Reserves 1281642142703313764344975917248591,000
Borrowings -0-0-0-0-0-0-0-0-0-0-0-0
Other Liabilities 57647070767295114119149148158
Total Liabilities 1922362913484154565366187178811,0151,166
Fixed Assets 4545364070110103989899223240
CWIP 1051501018191317198
Investments 3064109139174160218261356517379592
Other Assets 116126140154171176198240250247395326
Total Assets 1922362913484154565366187178811,0151,166

Reserves and Borrowings Chart

Cash Flow

MonthDec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Cash from Operating Activity + 31465651334879298313363127
Cash from Investing Activity + 19-42-51-45-32-40-69-33-76-13278-194
Cash from Financing Activity + -51-4-5-5-4-5-4-4-5-5-5-6
Net Cash Flow -2002-346-82-3136-74
Free Cash Flow 274051311036633786121-8296
CFO/OP 107%107%104%96%80%118%136%60%103%120%71%97%

Free Cash Flow

MonthDec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Free Cash Flow42.0062.0079.0078.0065.0054.0070.0078.00110.00143.00144.00172.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthDec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Debtor Days 565359537075576761585562
Inventory Days 8184851007574778995736878
Days Payable 4455647373715610386678176
Cash Conversion Cycle 938280807178775470644164
Working Capital Days 95855556269594657483356
ROCE %34%35%40%41%33%23%18%19%17%22%28%23%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs 0.80%0.74%0.73%0.71%0.70%0.67%0.67%0.67%0.51%0.04%0.04%0.04%
DIIs 11.44%11.50%11.73%11.80%11.88%11.91%11.88%11.71%11.71%12.17%12.17%12.21%
Public 12.75%12.76%12.54%12.49%12.42%12.43%12.44%12.63%12.78%12.79%12.79%12.75%
No. of Shareholders 7,2837,4757,5787,5267,5417,7868,6678,7148,6078,7548,8929,062

Shareholding Pattern Chart

No. of Shareholders

Elantas Beck India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Small Cap Fund 660,050 0.88 592.37656,0712026-02-22 11:00:440.61%
Tata Small Cap Fund 209,256 1.75 187.8215,7672025-11-03 21:48:08-3.02%
Tata Large & Mid Cap Fund 94,264 1.04 84.6N/AN/AN/A
Union Small Cap Fund 2,645 0.13 2.374,8662026-03-23 12:01:33-45.64%
Union Retirement Fund 389 0.18 0.359362026-03-23 12:03:21-58.44%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthDec 24Dec 23Dec 22Dec 21Dec 20
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 176.05173.18123.3484.3677.91
Diluted EPS (Rs.) 176.05173.18123.3484.3677.91
Cash EPS (Rs.) 195.01188.19138.9799.6492.67
Book Value[Excl.RevalReserv]/Share (Rs.) 1093.78923.34755.07636.59557.02
Book Value[Incl.RevalReserv]/Share (Rs.) 1093.78923.34755.07636.59557.02
Dividend / Share (Rs.) 7.505.005.005.005.00
Revenue From Operations / Share (Rs.) 944.17857.61813.23658.62483.28
PBDIT / Share (Rs.) 251.19247.35165.77119.32116.22
PBIT / Share (Rs.) 232.23232.34150.14104.05101.46
PBT / Share (Rs.) 231.40231.62162.89115.26101.18
Net Profit / Share (Rs.) 176.05173.18123.3484.3677.91
PBDIT Margin (%) 26.6028.8420.3818.1124.04
PBIT Margin (%) 24.5927.0918.4615.7920.99
PBT Margin (%) 24.5027.0020.0217.5020.93
Net Profit Margin (%) 18.6420.1915.1612.8016.12
Return on Networth / Equity (%) 16.0918.7516.3313.2513.98
Return on Capital Employeed (%) 20.6324.3419.2415.7917.63
Return On Assets (%) 13.7415.5913.6210.8111.51
Asset Turnover Ratio (%) 0.780.850.960.900.77
Current Ratio (X) 6.266.125.924.754.65
Quick Ratio (X) 5.495.535.113.873.99
Inventory Turnover Ratio (X) 8.908.885.215.254.18
Dividend Payout Ratio (NP) (%) 2.842.884.055.926.41
Dividend Payout Ratio (CP) (%) 2.562.653.595.015.39
Earning Retention Ratio (%) 97.1697.1295.9594.0893.59
Cash Earning Retention Ratio (%) 97.4497.3596.4194.9994.61
Interest Coverage Ratio (X) 302.41343.36212.79379.45422.05
Interest Coverage Ratio (Post Tax) (X) 212.94241.41141.97232.60283.93
Enterprise Value (Cr.) 9977.386676.603404.852895.592157.70
EV / Net Operating Revenue (X) 13.339.825.285.555.63
EV / EBITDA (X) 50.1034.0525.9130.6123.42
MarketCap / Net Operating Revenue (X) 13.539.905.355.585.70
Retention Ratios (%) 97.1597.1195.9494.0793.58
Price / BV (X) 11.689.205.765.774.95
Price / Net Operating Revenue (X) 13.539.905.355.585.70
EarningsYield 0.010.020.020.020.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Elantas Beck India Ltd. is a Public Limited Listed company incorporated on 15/03/1956 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24222PN1956PLC134746 and registration number is 134746. Currently Company is involved in the business activities of Manufacture of paints and varnishes, enamels or lacquers. Company's Total Operating Revenue is Rs. 847.81 Cr. and Equity Capital is Rs. 7.93 Cr. for the Year ended 31/12/2025.
INDUSTRYADDRESSCONTACT
Chemicals - Organic - Others147, Mumbai-Pune Road, Pimpri, Pune Maharashtra 411018Contact not found
Management
NamePosition Held
Mr. Martin BabilasChairman
Mr. Anurag RoyManaging Director
Mr. Nandkumar DhekneDirector
Mrs. Usha RajeevDirector
Mr. Ravindra KumarDirector
Mr. Sujjain TalwarDirector
Mr. Stefan GentenAlternate Director

FAQ

What is the intrinsic value of Elantas Beck India Ltd and is it undervalued?

As of 14 April 2026, Elantas Beck India Ltd's intrinsic value is ₹3350.59, which is 59.70% lower than the current market price of ₹8,315.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (15.8 %), book value (₹1,272), dividend yield (0.09 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Elantas Beck India Ltd?

Elantas Beck India Ltd is trading at ₹8,315.00 as of 14 April 2026, with a FY2026-2027 high of ₹14,250 and low of ₹7,111. The stock is currently near its 52-week low. Market cap stands at ₹6,592 Cr..

How does Elantas Beck India Ltd's P/E ratio compare to its industry?

Elantas Beck India Ltd has a P/E ratio of 44.6, which is below the industry average of 143.25. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Elantas Beck India Ltd financially healthy?

Key indicators for Elantas Beck India Ltd: ROCE of 21.2 % indicates efficient capital utilization; ROE of 15.8 % shows strong shareholder returns. Dividend yield is 0.09 %.

Is Elantas Beck India Ltd profitable and how is the profit trend?

Elantas Beck India Ltd reported a net profit of ₹148 Cr in Dec 2025 on revenue of ₹848 Cr. Compared to ₹98 Cr in Dec 2022, the net profit shows an improving trend.

Does Elantas Beck India Ltd pay dividends?

Elantas Beck India Ltd has a dividend yield of 0.09 % at the current price of ₹8,315.00. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Elantas Beck India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports