Elango Industrie

Who are the top shareholders of the Elango Industrie?

The top shareholders of Elango Industrie include promoter Elangovan Shanmugam with 0.0% ownership, and the highest public shareholder, Swarnalatha V, who holds 2.56%. Individual investors collectively own 62.99% of the shares, with no mutual funds or foreign institutional investors involved.

The top shareholders of Elango Industrie include Elangovan Shanmugam, who is the promoter but holds 0.0% of the shares. The highest public shareholder is Swarnalatha V, with a holding of 2.56%. Additionally, individual investors collectively hold a significant portion of the company, accounting for 62.99% of the shares. There are no mutual funds or foreign institutional investors involved in the shareholding.

Has Elango Industrie declared dividend?

No Dividend History Available

Who are the peers of the Elango Industrie?

Elango Industrie's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Aditya Ispat, Heera Ispat, Crimson Metal, and Gopal Iron Stl. APL Apollo Tubes leads in management quality and growth, while Elango Industrie has below-average management risk and a 1-year return of 39.09%.

Peers: The peers of Elango Industrie are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Aditya Ispat, Heera Ispat, Crimson Metal, and Gopal Iron Stl.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals. Average management risk is noted for Jindal Saw, and Below Average management risk is seen at Aditya Ispat, Elango Industrie, Crimson Metal, and Gopal Iron Stl. Growth is Excellent at APL Apollo Tubes, Average at Shyam Metalics and Ratnamani Metals, Below Average at Welspun Corp, Jindal Saw, Aditya Ispat, Elango Industrie, Crimson Metal, and Gopal Iron Stl, and does not qualify for Heera Ispat. Capital Structure is Excellent at APL Apollo Tubes, while Good is found at Welspun Corp, Excellent at Shyam Metalics and Ratnamani Metals, and Below Average at Jindal Saw, Aditya Ispat, Elango Industrie, Crimson Metal, Gopal Iron Stl, and does not qualify for Heera Ispat.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.53%, while Jindal Saw has the lowest at -23.06%. Elango Industrie’s 1-year return of 39.09% is higher than Jindal Saw's but lower than Welspun Corp's. Additionally, Ratnamani Metals, Jindal Saw, Aditya Ispat, and Gopal Iron Stl. have negative six-month returns.

Is Elango Industrie overvalued or undervalued?

As of April 25, 2023, Elango Industrie is rated as risky and overvalued, with a PE ratio of -5.32 and a ROCE of -6.10%, significantly lagging behind peers like Altius Telecom and Embassy Office REIT, despite a strong 1Y return of 33.67%.

As of 25 April 2023, the valuation grade for Elango Industrie has moved from does not qualify to risky, indicating a significant shift in its financial outlook. The company is currently assessed as overvalued. Key ratios highlight its challenging position: the PE ratio stands at -5.32, the EV to EBITDA is also -5.32, and the ROCE is at -6.10%. <BR><BR>In comparison to its peers, Elango Industrie shows stark contrasts; for instance, Altius Telecom, categorized as very attractive, has a PE ratio of 52.97, while Embassy Office REIT is considered very expensive with a PE of 23.06. This disparity underscores Elango's unfavorable valuation metrics. Additionally, despite a strong 1Y return of 33.67%, the stock has underperformed against the Sensex in the short term, which may further reinforce concerns about its current valuation status.

What is the technical trend for Elango Industrie?

As of June 6, 2025, Elango Industrie shows a mildly bullish trend supported by bullish weekly MACD, Bollinger Bands, and daily moving averages, despite some caution from the monthly MACD and mixed momentum indicators.

As of 6 June 2025, the technical trend for Elango Industrie has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supporting the positive shift, while the monthly MACD remains mildly bearish, indicating some caution. The weekly RSI is bearish, but there is no signal on the monthly RSI, suggesting mixed momentum. Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward potential. Daily moving averages are bullish, adding to the strength of the current trend. The KST is bullish weekly but mildly bearish monthly, and Dow Theory indicates a mildly bullish stance on the weekly chart with no trend on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the bullish signals from the MACD, Bollinger Bands, and daily moving averages.

Who are in the management team of Elango Industrie?

As of March 2022, the management team of Elango Industrie includes S Elangovan (Chairman & Managing Director), S A Premkumar (Director), Preethi Natarajan (Independent Director), M Ramasamy (Independent Director), and Manali Mehta (Company Secretary & Compliance Officer).

As of March 2022, the management team of Elango Industrie includes the following individuals:<BR><BR>- S Elangovan, who serves as the Chairman & Managing Director.<BR>- S A Premkumar, who is a Director.<BR>- Preethi Natarajan, who holds the position of Independent Director.<BR>- M Ramasamy, also an Independent Director.<BR>- Manali Mehta, who is the Company Secretary & Compliance Officer.

What does Elango Industrie do?

Elango Industries Ltd, established in 1989, operates in the Iron & Steel Products industry and currently focuses on a gas-based power plant after selling its steel operations. As of March 2025, it reported net sales of 0 Cr and a net profit of -1 Cr, with a market cap of INR 4 Cr.

Overview: <BR>Elango Industries Ltd operates in the Iron & Steel Products industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>Elango Industries Limited was established in 1989 and began manufacturing Steel Ingots from 1991 until 2003. The company went public in 1993 and initially set up a steel plant in Karaikal and Pondicherry in 1994. After approximately ten years in the steel industry, the steel operations were sold, and in 2005, the promoters commissioned a 7 Mw Gas-based power plant in Mayiladuthurai. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 4 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 32 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: -5.57% <BR>Price-to-Book: 1.14<BR><BR>Contact Details: <BR>Address: No 5 Ranganathan Garden, 15th Main Road Extn Anna Nagar Chennai Tamil Nadu : 600040 <BR>Tel: 91-44-42172116 <BR>Email: asokan@kaveripower.com <BR>Website: http://www.elangoindustries.com

How big is Elango Industrie?

As of 23rd July, Elango Industries Ltd has a market capitalization of 4.00 Cr, with recent net sales of 0.95 Cr and a net loss of 0.22 Cr over the last four quarters. Shareholder's funds are 3.99 Cr, and total assets are valued at 4.73 Cr.

As of 23rd July, <BR><BR>Market Cap: Elango Industries Ltd has a market capitalization of 4.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 0.95 Cr, while the sum of Net Profit for the same period reflects a loss of 0.22 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2024. Shareholder's Funds stand at 3.99 Cr, and Total Assets are valued at 4.73 Cr.

When is the next results date for Elango Industrie?

Elango Industrie will announce its results on 13 August 2025.

Elango Industrie will declare its results on 13 August 2025.

Are Elango Industrie latest results good or bad?

Elango Industries' latest Q2 FY26 results are concerning, showing a net loss of ₹0.01 crore despite an 80% improvement from the previous quarter, while net sales fell 85.71% to ₹0.03 crore. The negative return on equity and profit margin indicate ongoing financial distress and operational challenges.

Elango Industries' latest results for Q2 FY26 paint a concerning picture. The company reported a net loss of ₹0.01 crore, which, while showing an 80% improvement from the previous quarter's loss, still reflects ongoing financial distress. Net sales plummeted to ₹0.03 crore, marking an 85.71% decline from the prior quarter, indicating severe operational challenges.<BR><BR>The return on equity (ROE) stands at -6.37%, highlighting that the company is destroying shareholder value, and the profit after tax (PAT) margin is deeply negative at -33.33%. This suggests that the company is unable to cover its operational costs with its meager revenue.<BR><BR>Overall, while there was a slight improvement in net loss compared to the previous quarter, the significant drop in sales and persistent negative returns indicate that Elango Industries is facing serious difficulties in its operations and financial health. The lack of institutional support and ongoing equity erosion further compound these issues, making the latest results largely unfavorable.

How has been the historical performance of Elango Industrie?

Elango Industrie has experienced fluctuating net sales, reporting 0.96 Cr in March 2025, down from 2.58 Cr in March 2024, and has faced ongoing profitability challenges with negative operating profit and losses in profit before and after tax. The company has also seen a slight decrease in total assets and liabilities, indicating ongoing financial difficulties.

Answer:<BR>The historical performance of Elango Industrie shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Elango Industrie reported net sales of 0.96 Cr in March 2025, a significant decrease from 2.58 Cr in March 2024, and a rise from 0.00 Cr in March 2023. The total operating income mirrored this trend, with figures of 0.96 Cr in March 2025 and 2.58 Cr in March 2024, compared to 0.55 Cr in March 2022 and 0.25 Cr in March 2021. The company's total expenditure, excluding depreciation, was 1.15 Cr in March 2025, down from 2.70 Cr in March 2024, indicating a reduction in costs. However, the operating profit (PBDIT) remained negative at -0.19 Cr in March 2025, slightly worse than -0.12 Cr in March 2024, reflecting ongoing challenges in achieving profitability. The profit before tax also showed a loss of -0.21 Cr in March 2025, compared to -0.14 Cr in March 2024, while the profit after tax was -0.22 Cr in March 2025, worsening from -0.14 Cr in March 2024. The company's total assets decreased to 4.71 Cr in March 2025 from 4.73 Cr in March 2024, and total liabilities slightly decreased to 4.71 Cr in March 2025 from 4.73 Cr in March 2024. Cash flow from operating activities was negative at -1.00 Cr in March 2024, consistent with the trend of cash outflows in previous years. Overall, Elango Industrie has faced significant challenges in maintaining sales and profitability, with a notable decline in net sales and persistent losses over the years.

Should I buy, sell or hold Elango Industries Ltd?

Why is Elango Industries Ltd falling/rising?

As of 18-Jan, Elango Industries Ltd's stock price is slightly rising at 10.77, but it has significantly underperformed over various periods and shows weak long-term fundamentals. Despite today's minor uptick, the stock remains below key moving averages and has seen a drastic drop in investor participation.

As of 18-Jan, Elango Industries Ltd's stock price is experiencing a slight rise, currently at 10.77, with a change of 0.01 (0.09%) upward. This increase comes after a trend reversal, as the stock has gained after ten consecutive days of decline. However, despite this recent uptick, the stock has shown significant underperformance over various periods, including a 1-week decline of 9.50% and a 1-month drop of 17.03%. <BR><BR>The stock's performance today has outperformed its sector by 0.65%, but it is still trading below all key moving averages, indicating a generally weak trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 96.89% against the 5-day average. <BR><BR>The company's long-term fundamentals are weak, evidenced by a -3.89% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of -0.22, suggesting difficulties in servicing debt. Furthermore, the stock has underperformed the broader market, generating negative returns of -9.34% over the past year while the market has seen positive returns. <BR><BR>In summary, while there is a minor rise in the stock price today, the overall context of declining performance, weak fundamentals, and reduced investor interest suggests that Elango Industries Ltd remains in a precarious position.

Which are the latest news on Elango Industrie?