Elin Electronics Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 7, 2025, 8:39 pm

Market Cap	587 Cr.
Current Price	118
High / Low	282/108
Stock P/E	37.5
Book Value	104
Dividend Yield	0.00 %
ROCE	5.08 %
ROE	2.75 %
Face Value	5.00
PEG Ratio	-0.89

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Elin Electronics Ltd

Competitors of Elin Electronics Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Misquita Engineering Ltd	46.5 Cr.	126	177/62.0	89.5	30.4	0.00 %	1.57 %	3.43 %	10.0
IKIO Lighting Ltd	1,624 Cr.	210	343/165	38.1	71.2	0.48 %	21.7 %	17.5 %	10.0
Elin Electronics Ltd	587 Cr.	118	282/108	37.5	104	0.00 %	5.08 %	2.75 %	5.00
CWD Ltd	336 Cr.	931	1,144/590	184	91.4	0.00 %	7.92 %	4.56 %	10.0
Calcom Vision Ltd	125 Cr.	89.2	179/77.0	42.4	54.7	0.00 %	6.38 %	1.81 %	10.0
Industry Average	18,126.43 Cr	1,303.96		56.49	106.91	0.25%	16.63%	14.78%	6.50

All Competitor Stocks of Elin Electronics Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	258.52	316.99	294.12	310.34	202.25	268.72	253.83	273.34	236.71	277.83	293.58	304.56	266.32
Expenses	242.42	291.85	282.94	279.00	189.05	259.88	244.03	263.49	228.22	265.43	280.33	293.26	258.76
Operating Profit	16.10	25.14	11.18	31.34	13.20	8.84	9.80	9.85	8.49	12.40	13.25	11.30	7.56
OPM %	6.23%	7.93%	3.80%	10.10%	6.53%	3.29%	3.86%	3.60%	3.59%	4.46%	4.51%	3.71%	2.84%
Other Income	0.10	0.14	0.23	0.06	0.14	1.84	2.73	2.11	1.95	2.32	2.36	2.61	2.14
Interest	2.87	3.77	3.30	4.12	3.10	2.55	2.75	1.33	1.89	2.15	1.84	2.00	1.63
Depreciation	3.67	3.76	4.29	4.07	4.39	5.86	4.85	4.76	4.77	7.47	5.71	5.48	6.07
Profit before tax	9.66	17.75	3.82	23.21	5.85	2.27	4.93	5.87	3.78	5.10	8.06	6.43	2.00
Tax %	28.26%	27.21%	18.06%	25.85%	21.71%	29.52%	23.53%	33.22%	29.89%	30.78%	26.55%	25.82%	29.50%
Net Profit	6.93	12.92	3.13	17.21	4.59	1.60	3.77	3.92	2.64	3.54	5.92	4.78	1.40
EPS in Rs	1.63	3.03	0.74	4.04	0.92	0.32	0.76	0.79	0.53	0.71	1.19	0.96	0.28

Last Updated: February 28, 2025, 11:53 am

Below is a detailed analysis of the quarterly data for Elin Electronics Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹266.32 Cr.. The value appears to be declining and may need further review. It has decreased from 304.56 Cr. (Sep 2024) to ₹266.32 Cr., marking a decrease of 38.24 Cr..
For Expenses, as of Dec 2024, the value is ₹258.76 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 293.26 Cr. (Sep 2024) to ₹258.76 Cr., marking a decrease of 34.50 Cr..
For Operating Profit, as of Dec 2024, the value is ₹7.56 Cr.. The value appears to be declining and may need further review. It has decreased from 11.30 Cr. (Sep 2024) to ₹7.56 Cr., marking a decrease of 3.74 Cr..
For OPM %, as of Dec 2024, the value is 2.84%. The value appears to be declining and may need further review. It has decreased from 3.71% (Sep 2024) to 2.84%, marking a decrease of 0.87%.
For Other Income, as of Dec 2024, the value is ₹2.14 Cr.. The value appears to be declining and may need further review. It has decreased from 2.61 Cr. (Sep 2024) to ₹2.14 Cr., marking a decrease of 0.47 Cr..
For Interest, as of Dec 2024, the value is ₹1.63 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2.00 Cr. (Sep 2024) to ₹1.63 Cr., marking a decrease of 0.37 Cr..
For Depreciation, as of Dec 2024, the value is ₹6.07 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.48 Cr. (Sep 2024) to ₹6.07 Cr., marking an increase of ₹0.59 Cr..
For Profit before tax, as of Dec 2024, the value is ₹2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6.43 Cr. (Sep 2024) to ₹2.00 Cr., marking a decrease of 4.43 Cr..
For Tax %, as of Dec 2024, the value is 29.50%. The value appears to be increasing, which may not be favorable. It has increased from 25.82% (Sep 2024) to 29.50%, marking an increase of 3.68%.
For Net Profit, as of Dec 2024, the value is ₹1.40 Cr.. The value appears to be declining and may need further review. It has decreased from 4.78 Cr. (Sep 2024) to ₹1.40 Cr., marking a decrease of 3.38 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.28. The value appears to be declining and may need further review. It has decreased from ₹0.96 (Sep 2024) to 0.28, marking a decrease of ₹0.68.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 4:09 pm

Metric	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	494	829	786	862	1,094	1,075	1,042	1,142
Expenses	457	771	730	796	1,015	1,010	1,001	1,098
Operating Profit	38	57	55	67	79	65	41	45
OPM %	8%	7%	7%	8%	7%	6%	4%	4%
Other Income	1	1	1	2	1	2	9	9
Interest	9	13	12	10	13	13	8	8
Depreciation	12	17	20	12	14	19	22	25
Profit before tax	17	28	24	47	53	36	20	22
Tax %	24%	19%	24%	27%	26%	25%	30%
Net Profit	15	23	19	35	39	27	14	16
EPS in Rs	24.37	36.01	26.18	49.13	9.20	5.40	2.79	3.14
Dividend Payout %	0%	0%	0%	0%	10%	18%	35%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	53.33%	-17.39%	84.21%	11.43%	-30.77%	-48.15%
Change in YoY Net Profit Growth (%)	0.00%	-70.72%	101.60%	-72.78%	-42.20%	-17.38%

Elin Electronics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2018-2019 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	5%
3 Years:	7%
TTM:	11%

Compounded Profit Growth
10 Years:	%
5 Years:	-10%
3 Years:	-26%
TTM:	31%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	-22%

Return on Equity
10 Years:	%
5 Years:	8%
3 Years:	7%
Last Year:	3%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 4:34 pm

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	6	5	7	7	20	24	24	24
Reserves	139	185	202	255	283	469	479	490
Borrowings	62	86	70	114	103	78	12	7
Other Liabilities	71	109	84	132	127	163	154	180
Total Liabilities	278	385	363	508	533	734	669	702
Fixed Assets	84	122	134	161	188	232	224	234
CWIP	2	0	0	0	0	0	12	4
Investments	26	13	24	14	1	27	63	66
Other Assets	165	250	205	333	343	475	370	397
Total Assets	278	385	363	508	533	734	669	702

Below is a detailed analysis of the balance sheet data for Elin Electronics Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹24.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹24.00 Cr..
For Reserves, as of Sep 2024, the value is ₹490.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹479.00 Cr. (Mar 2024) to ₹490.00 Cr., marking an increase of 11.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹7.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹12.00 Cr. (Mar 2024) to ₹7.00 Cr., marking a decrease of 5.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹180.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹154.00 Cr. (Mar 2024) to ₹180.00 Cr., marking an increase of 26.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹702.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹669.00 Cr. (Mar 2024) to ₹702.00 Cr., marking an increase of 33.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹234.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹224.00 Cr. (Mar 2024) to ₹234.00 Cr., marking an increase of 10.00 Cr..
For CWIP, as of Sep 2024, the value is ₹4.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹12.00 Cr. (Mar 2024) to ₹4.00 Cr., marking a decrease of 8.00 Cr..
For Investments, as of Sep 2024, the value is ₹66.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹63.00 Cr. (Mar 2024) to ₹66.00 Cr., marking an increase of 3.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹397.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹370.00 Cr. (Mar 2024) to ₹397.00 Cr., marking an increase of 27.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹702.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹669.00 Cr. (Mar 2024) to ₹702.00 Cr., marking an increase of 33.00 Cr..

Notably, the Reserves (₹490.00 Cr.) exceed the Borrowings (7.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	44	27	83	-34	57	62	43
Cash from Investing Activity +	-30	-30	-43	-5	-28	-197	36
Cash from Financing Activity +	-5	-4	-33	34	-30	131	-79
Net Cash Flow	9	-7	7	-4	-1	-4	-0

Free Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-24.00	-29.00	-15.00	-47.00	-24.00	-13.00	29.00

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

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	61	61	42	77	59	67	70
Inventory Days	56	49	53	67	54	57	52
Days Payable	64	55	45	61	44	58	51
Cash Conversion Cycle	53	55	50	83	68	65	71
Working Capital Days	50	50	39	78	66	62	65
ROCE %		17%	13%	17%	17%	10%	5%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	32.93%	32.97%	32.97%	32.98%	32.99%	33.41%	33.41%	33.41%	33.41%
FIIs	6.21%	2.76%	1.46%	1.02%	0.56%	0.35%	0.97%	0.86%	0.38%
DIIs	13.15%	18.76%	14.38%	13.66%	11.93%	11.90%	13.10%	12.58%	12.06%
Public	47.71%	45.51%	51.20%	52.32%	54.53%	54.34%	52.53%	53.14%	54.15%
No. of Shareholders	1,14,476	87,497	88,003	86,225	83,782	78,607	71,516	61,159	60,747

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
SBI Infrastructure Fund	2,622,951	1.38	42.49	70,000	2025-03-06	3647.07%
SBI Magnum Childrens Benefit Fund - Investment Plan	1,170,000	0.94	18.95	70,000	2025-03-06	1571.43%
Kotak Business Cycle Fund	935,311	0.61	15.15	70,000	2025-03-06	1236.16%
SBI Multi Asset Allocation Fund	681,540	0.24	12.37	70,000	2025-03-06	873.63%
SBI Magnum Children Benefit Plan	70,000	1.12	1.27	70,000	2025-03-06	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	10.00	10.00
Basic EPS (Rs.)	2.90	6.29	9.59	39.01	27.30
Diluted EPS (Rs.)	2.90	6.29	9.59	39.01	27.30
Cash EPS (Rs.)	7.45	9.47	13.11	72.53	57.08
Book Value[Excl.RevalReserv]/Share (Rs.)	104.97	102.89	74.22	345.78	306.77
Book Value[Incl.RevalReserv]/Share (Rs.)	104.97	102.89	74.22	345.78	306.77
Revenue From Operations / Share (Rs.)	217.36	224.39	267.81	1266.95	1154.13
PBDIT / Share (Rs.)	10.36	14.06	19.57	101.19	82.83
PBIT / Share (Rs.)	5.80	10.17	16.06	67.67	53.05
PBT / Share (Rs.)	4.11	7.45	12.95	53.45	35.92
Net Profit / Share (Rs.)	2.89	5.59	9.59	39.01	27.30
NP After MI And SOA / Share (Rs.)	2.89	5.59	9.59	39.01	27.30
PBDIT Margin (%)	4.76	6.26	7.30	7.98	7.17
PBIT Margin (%)	2.66	4.53	5.99	5.34	4.59
PBT Margin (%)	1.88	3.31	4.83	4.21	3.11
Net Profit Margin (%)	1.33	2.49	3.58	3.07	2.36
NP After MI And SOA Margin (%)	1.33	2.49	3.58	3.07	2.36
Return on Networth / Equity (%)	2.75	5.43	12.92	11.28	8.89
Return on Capital Employeed (%)	5.39	8.95	18.87	16.89	14.46
Return On Assets (%)	2.07	3.65	7.35	5.61	5.11
Long Term Debt / Equity (X)	0.00	0.08	0.11	0.15	0.19
Total Debt / Equity (X)	0.02	0.15	0.33	0.39	0.28
Asset Turnover Ratio (%)	1.48	1.70	1.98	1.90	0.00
Current Ratio (X)	2.74	2.43	1.74	1.60	1.87
Quick Ratio (X)	2.03	1.78	1.09	1.03	1.17
Inventory Turnover Ratio (X)	6.36	6.42	5.77	5.77	0.00
Dividend Payout Ratio (NP) (%)	34.54	0.00	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	13.41	0.00	0.00	0.00	0.00
Earning Retention Ratio (%)	65.46	0.00	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	86.59	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	6.12	5.16	6.29	7.12	4.84
Interest Coverage Ratio (Post Tax) (X)	2.71	3.05	4.08	3.74	2.59
Enterprise Value (Cr.)	615.19	556.89	0.00	0.00	0.00
EV / Net Operating Revenue (X)	0.59	0.51	0.00	0.00	0.00
EV / EBITDA (X)	12.39	8.27	0.00	0.00	0.00
MarketCap / Net Operating Revenue (X)	0.61	0.53	0.00	0.00	0.00
Retention Ratios (%)	65.45	0.00	0.00	0.00	0.00
Price / BV (X)	1.27	1.17	0.00	0.00	0.00
Price / Net Operating Revenue (X)	0.61	0.53	0.00	0.00	0.00
EarningsYield	0.02	0.04	0.00	0.00	0.00

After reviewing the key financial ratios for Elin Electronics Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
For Basic EPS (Rs.), as of Mar 24, the value is 2.90. This value is below the healthy minimum of 5. It has decreased from 6.29 (Mar 23) to 2.90, marking a decrease of 3.39.
For Diluted EPS (Rs.), as of Mar 24, the value is 2.90. This value is below the healthy minimum of 5. It has decreased from 6.29 (Mar 23) to 2.90, marking a decrease of 3.39.
For Cash EPS (Rs.), as of Mar 24, the value is 7.45. This value is within the healthy range. It has decreased from 9.47 (Mar 23) to 7.45, marking a decrease of 2.02.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 104.97. It has increased from 102.89 (Mar 23) to 104.97, marking an increase of 2.08.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 104.97. It has increased from 102.89 (Mar 23) to 104.97, marking an increase of 2.08.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 217.36. It has decreased from 224.39 (Mar 23) to 217.36, marking a decrease of 7.03.
For PBDIT / Share (Rs.), as of Mar 24, the value is 10.36. This value is within the healthy range. It has decreased from 14.06 (Mar 23) to 10.36, marking a decrease of 3.70.
For PBIT / Share (Rs.), as of Mar 24, the value is 5.80. This value is within the healthy range. It has decreased from 10.17 (Mar 23) to 5.80, marking a decrease of 4.37.
For PBT / Share (Rs.), as of Mar 24, the value is 4.11. This value is within the healthy range. It has decreased from 7.45 (Mar 23) to 4.11, marking a decrease of 3.34.
For Net Profit / Share (Rs.), as of Mar 24, the value is 2.89. This value is within the healthy range. It has decreased from 5.59 (Mar 23) to 2.89, marking a decrease of 2.70.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 2.89. This value is within the healthy range. It has decreased from 5.59 (Mar 23) to 2.89, marking a decrease of 2.70.
For PBDIT Margin (%), as of Mar 24, the value is 4.76. This value is below the healthy minimum of 10. It has decreased from 6.26 (Mar 23) to 4.76, marking a decrease of 1.50.
For PBIT Margin (%), as of Mar 24, the value is 2.66. This value is below the healthy minimum of 10. It has decreased from 4.53 (Mar 23) to 2.66, marking a decrease of 1.87.
For PBT Margin (%), as of Mar 24, the value is 1.88. This value is below the healthy minimum of 10. It has decreased from 3.31 (Mar 23) to 1.88, marking a decrease of 1.43.
For Net Profit Margin (%), as of Mar 24, the value is 1.33. This value is below the healthy minimum of 5. It has decreased from 2.49 (Mar 23) to 1.33, marking a decrease of 1.16.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 1.33. This value is below the healthy minimum of 8. It has decreased from 2.49 (Mar 23) to 1.33, marking a decrease of 1.16.
For Return on Networth / Equity (%), as of Mar 24, the value is 2.75. This value is below the healthy minimum of 15. It has decreased from 5.43 (Mar 23) to 2.75, marking a decrease of 2.68.
For Return on Capital Employeed (%), as of Mar 24, the value is 5.39. This value is below the healthy minimum of 10. It has decreased from 8.95 (Mar 23) to 5.39, marking a decrease of 3.56.
For Return On Assets (%), as of Mar 24, the value is 2.07. This value is below the healthy minimum of 5. It has decreased from 3.65 (Mar 23) to 2.07, marking a decrease of 1.58.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.08 (Mar 23) to 0.00, marking a decrease of 0.08.
For Total Debt / Equity (X), as of Mar 24, the value is 0.02. This value is within the healthy range. It has decreased from 0.15 (Mar 23) to 0.02, marking a decrease of 0.13.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.48. It has decreased from 1.70 (Mar 23) to 1.48, marking a decrease of 0.22.
For Current Ratio (X), as of Mar 24, the value is 2.74. This value is within the healthy range. It has increased from 2.43 (Mar 23) to 2.74, marking an increase of 0.31.
For Quick Ratio (X), as of Mar 24, the value is 2.03. This value exceeds the healthy maximum of 2. It has increased from 1.78 (Mar 23) to 2.03, marking an increase of 0.25.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 6.36. This value is within the healthy range. It has decreased from 6.42 (Mar 23) to 6.36, marking a decrease of 0.06.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 34.54. This value is within the healthy range. It has increased from 0.00 (Mar 23) to 34.54, marking an increase of 34.54.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 13.41. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 23) to 13.41, marking an increase of 13.41.
For Earning Retention Ratio (%), as of Mar 24, the value is 65.46. This value is within the healthy range. It has increased from 0.00 (Mar 23) to 65.46, marking an increase of 65.46.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 86.59. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 86.59, marking an increase of 86.59.
For Interest Coverage Ratio (X), as of Mar 24, the value is 6.12. This value is within the healthy range. It has increased from 5.16 (Mar 23) to 6.12, marking an increase of 0.96.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.71. This value is below the healthy minimum of 3. It has decreased from 3.05 (Mar 23) to 2.71, marking a decrease of 0.34.
For Enterprise Value (Cr.), as of Mar 24, the value is 615.19. It has increased from 556.89 (Mar 23) to 615.19, marking an increase of 58.30.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.59. This value is below the healthy minimum of 1. It has increased from 0.51 (Mar 23) to 0.59, marking an increase of 0.08.
For EV / EBITDA (X), as of Mar 24, the value is 12.39. This value is within the healthy range. It has increased from 8.27 (Mar 23) to 12.39, marking an increase of 4.12.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.61. This value is below the healthy minimum of 1. It has increased from 0.53 (Mar 23) to 0.61, marking an increase of 0.08.
For Retention Ratios (%), as of Mar 24, the value is 65.45. This value is within the healthy range. It has increased from 0.00 (Mar 23) to 65.45, marking an increase of 65.45.
For Price / BV (X), as of Mar 24, the value is 1.27. This value is within the healthy range. It has increased from 1.17 (Mar 23) to 1.27, marking an increase of 0.10.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.61. This value is below the healthy minimum of 1. It has increased from 0.53 (Mar 23) to 0.61, marking an increase of 0.08.
For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 23) to 0.02, marking a decrease of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Elin Electronics Ltd as of March 10, 2025 is: ₹87.52

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 10, 2025, Elin Electronics Ltd is Overvalued by 25.83% compared to the current share price 118.00

Intrinsic Value of Elin Electronics Ltd as of March 10, 2025 is: 50.49

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 10, 2025, Elin Electronics Ltd is Overvalued by 57.21% compared to the current share price 118.00

Last 5 Year EPS CAGR: -42.31%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (312.75 cr) compared to borrowings (66.50 cr), indicating strong financial stability. The company has shown consistent growth in sales (371.88 cr) and profit (30.88 cr) over the years.	The stock has a low average ROCE of 11.29%, which may not be favorable. The stock has a high average Working Capital Days of 58.57, which may not be favorable. The stock has a high average Cash Conversion Cycle of 63.57, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Elin Electronics Ltd:
1. Net Profit Margin: 1.33%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 5.39% (Industry Average ROCE: 16.63%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 2.75% (Industry Average ROE: 14.78%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.71
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.03
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 37.5 (Industry average Stock P/E: 56.49)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.02
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Elin Electronics Ltd. is a Public Limited Listed company incorporated on 26/03/1982 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L29304DL1982PLC428372 and registration number is 428372. Currently Company is involved in the business activities of Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment. Company's Total Operating Revenue is Rs. 835.20 Cr. and Equity Capital is Rs. 24.83 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Consumer Electronics	4771, Bharat Ram Road, 23, Daryaganj delhi West Bengal 110002	rkc@elinindia.com http://www.elinindia.com

Management
Name	Position Held
Mr. Mangi Lall Sethia	Chairman & Wholetime Director
Mr. Kamal Sethia	Managing Director
Mr. Sanjeev Sethia	Whole Time Director
Mr. Sumit Sethia	Whole Time Director
Mr. Ashis Chandra Guha	Independent Director
Dr. Shanti Lal Sarnot	Independent Director
Mr. Kamal Singh Baid	Independent Director
Ms. Shilpa Baid	Independent Director

FAQ

What is the latest intrinsic value of Elin Electronics Ltd?

The latest intrinsic value of Elin Electronics Ltd as on 09 March 2025 is ₹87.52, which is 25.83% lower than the current market price of 118.00, indicating the stock is overvalued by 25.83%. The intrinsic value of Elin Electronics Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹587 Cr. and recorded a high/low of ₹282/108 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹490 Cr and total liabilities of ₹702 Cr.

What is the Market Cap of Elin Electronics Ltd?

The Market Cap of Elin Electronics Ltd is 587 Cr..

What is the current Stock Price of Elin Electronics Ltd as on 09 March 2025?

The current stock price of Elin Electronics Ltd as on 09 March 2025 is ₹118.

What is the High / Low of Elin Electronics Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Elin Electronics Ltd stocks is ₹282/108.

What is the Stock P/E of Elin Electronics Ltd?

The Stock P/E of Elin Electronics Ltd is 37.5.

What is the Book Value of Elin Electronics Ltd?

The Book Value of Elin Electronics Ltd is 104.

What is the Dividend Yield of Elin Electronics Ltd?

The Dividend Yield of Elin Electronics Ltd is 0.00 %.

What is the ROCE of Elin Electronics Ltd?

The ROCE of Elin Electronics Ltd is 5.08 %.

What is the ROE of Elin Electronics Ltd?

The ROE of Elin Electronics Ltd is 2.75 %.

What is the Face Value of Elin Electronics Ltd?

The Face Value of Elin Electronics Ltd is 5.00.