Elin Electronics

Why is Elin Electronics Ltd falling/rising?

As of N/A, Elin Electronics Ltd's stock price is declining significantly, currently at 96.25, with a year-to-date drop of -41.79% and a one-year decrease of -47.53%. Contributing factors include a drastic fall in net profit, negative results in recent quarters, and reduced institutional investor confidence.

As of N/A, Elin Electronics Ltd's stock price is falling, currently at 96.25, reflecting a change of -4.1, or -4.09%. The stock has shown a significant decline over various periods, with a year-to-date decrease of -41.79% and a one-year drop of -47.53%. This underperformance is further highlighted by a negative return of -47.53% compared to the benchmark, the Sensex, which has only declined by -4.26% over the same period.<BR><BR>Several factors contribute to this downward trend. The company has reported a drastic fall in net profit of -479.11%, alongside a -44.2% decrease in profit after tax compared to the previous four-quarter average. Additionally, the company has declared negative results for the last two consecutive quarters, indicating ongoing financial struggles. The weak long-term fundamental strength is underscored by a -28.22% compound annual growth rate in operating profits over the last five years, and a low return on equity of 4.45%, which signifies low profitability per unit of shareholders' funds.<BR><BR>Moreover, institutional investors have reduced their stake in the company by -2.68% in the previous quarter, now holding only 3.46% of the company. This decline in institutional participation suggests a lack of confidence in the company's future performance, as these investors typically have more resources to analyze the fundamentals of companies than retail investors. The stock's consistent underperformance against the benchmark over the last three years further reinforces the negative sentiment surrounding Elin Electronics Ltd, contributing to its falling stock price.

Who are in the management team of Elin Electronics?

The management team of Elin Electronics includes Kamal Sethia (Managing Director), Mangilall Sethia (Chairman), Sanjeev Sethia, Sumit Sethia (Whole-time Directors), and several Independent Directors, including Kamal Singh Baid, Shilpa Baid, Shanti Lal Sarnot, and Ashis Chandra Guha, along with Lata Rani as Company Secretary. This team is responsible for the company's governance and strategic direction.

The management team of Elin Electronics includes the following key members:<BR><BR>1. **Kamal Sethia** - Managing Director<BR>2. **Mangilall Sethia** - Chairman & Wholetime Director<BR>3. **Sanjeev Sethia** - Whole-time Director<BR>4. **Sumit Sethia** - Whole-time Director<BR>5. **Kamal Singh Baid** - Independent Director<BR>6. **Shilpa Baid** - Independent Director<BR>7. **Lata Rani** - Company Secretary & Compliance Officer<BR>8. **Shanti Lal Sarnot** - Independent Director<BR>9. **Ashis Chandra Guha** - Independent Director<BR><BR>This team plays a crucial role in the governance and strategic direction of the company. If you need more specific details about any member or their roles, feel free to ask!

What does Elin Electronics do?

Elin Electronics Ltd is a Micro Cap company in the Electronics & Appliances industry, incorporated in 1982, with recent quarterly net sales of 363 Cr and a net profit of -21 Cr as of June 2026. The company has a market cap of INR 509 Cr and key metrics include a P/E of 29.00 and a return on equity of 4.18%.

Overview:<BR>Elin Electronics Ltd operates in the Electronics & Appliances industry and is classified as a Micro Cap company.<BR><BR>History:<BR>Elin Electronics Limited was incorporated on March 26, 1982, as a Private Limited Company and later transitioned to a Public Limited Company on July 27, 1987. The most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 363 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: -21 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 509 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 29.00<BR>- Industry P/E: 56<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.13<BR>- Return on Equity: 4.18%<BR>- Price to Book: 0.93<BR><BR>Contact Details:<BR>- Address: 143 Cotton Street, Kolkata West Bengal: 700007<BR>- Tel: 91-033-22684329<BR>- Email: cs@elinindia.com<BR>- Website: http://www.elinindia.com

Who are the peers of the Elin Electronics?

Elin Electronics' peers include IKIO Tech, Onida Electronic, Butterfly Gan Ap, CWD, Singer India, Forbes & Co, Sharp India, BPL, and Parin Enterprises. Elin Electronics has below-average management risk and the lowest 1-year return among its peers at -46.34%.

Peers: The peers of Elin Electronics are IKIO Tech, Onida Electronic, Butterfly Gan Ap, CWD, Singer India, Forbes & Co, Sharp India, BPL, Parin Enterpris.<BR><BR>Quality Snapshot: Excellent management risk is observed at IKIO Tech and Butterfly Gan Ap, while Average management risk is found at CWD, Singer India, and Parin Enterpris. Below Average management risk is noted at Onida Electronic, Elin Electronics, BPL, and Forbes & Co. Growth is Excellent at CWD, Average at Arham Tech, and Below Average at IKIO Tech, Onida Electronic, Elin Electronics, Butterfly Gan Ap, Singer India, Forbes & Co, BPL, and Parin Enterpris. Capital Structure is Excellent at IKIO Tech and Butterfly Gan Ap, Good at CWD, Elin Electronics, Singer India, and BPL, Average at Parin Enterpris, and Below Average at Onida Electronic.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Onida Electronic at 29.72%, while Elin Electronics has the lowest at -46.34%. Elin Electronics' 1-year return is significantly lower than all peers. Additionally, the six-month return is negative for Elin Electronics, Forbes & Co, BPL, and CWD.

How big is Elin Electronics?

As of 31st August, Elin Electronics Ltd has a market capitalization of 509.00 Cr and reported net sales of 1355.05 Cr with a net loss of 8.21 Cr over the latest four quarters.

As of 31st August, Elin Electronics Ltd has a market capitalization of 509.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Elin Electronics reported net sales of 1355.05 Cr. However, the company experienced a net loss of 8.21 Cr during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 534.18 Cr and total assets of 727.76 Cr.

Which are the latest news on Elin Electronics?

Should I buy, sell or hold Elin Electronics Ltd?

When is the next results date for Elin Electronics Ltd?

The next results date for Elin Electronics Ltd is 06 August 2026.

The next results date for Elin Electronics Ltd is scheduled for 06 August 2026.

Are Elin Electronics Ltd latest results good or bad?

Elin Electronics Ltd's latest Q4 FY26 results are unfavorable, showing a 2.67% revenue increase but a net loss of ₹0.76 crores, a 104.41% decline from the previous year. The operating margin has dropped to 1.88%, raising concerns about profitability and operational efficiency.

Elin Electronics Ltd's latest results for Q4 FY26 indicate a challenging period for the company. While revenue showed a modest increase of 2.67% year-on-year, reaching ₹324.19 crores, the net profit turned negative at ₹0.76 crores, marking a significant decline of 104.41% compared to the previous year. This loss follows a sequential decline from a profit of ₹3.66 crores in the prior quarter, highlighting ongoing profitability issues.<BR><BR>The operating margin dropped sharply to 1.88%, the lowest in eight quarters, down from 6.55% in March 2025. This margin compression, coupled with rising costs, has raised serious concerns about the company's operational efficiency. Additionally, the return on equity (ROE) of 6.91% remains below the peer average, indicating weaker profitability relative to competitors.<BR><BR>Overall, the results reflect a deterioration in financial performance, characterized by declining profitability and significant operational challenges. Investors may view these results as unfavorable, suggesting that Elin Electronics is currently facing a critical juncture that requires immediate attention to restore profitability and operational stability.

Is Elin Electronics technically bullish or bearish?

As of December 1, 2025, Elin Electronics exhibits a neutral technical stance with mixed signals, including mildly bearish weekly and monthly MACD, a bullish monthly RSI, and no clear trend from Dow Theory or On-Balance Volume, indicating a lack of direction.

As of 1 December 2025, the technical trend for Elin Electronics has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across different time frames. The weekly MACD is mildly bearish, while the monthly MACD is also mildly bearish. The weekly RSI shows no signal, but the monthly RSI is bullish. Bollinger Bands indicate a bearish stance on both weekly and monthly charts. Daily moving averages are mildly bullish, contrasting with the weekly KST, which is mildly bullish as well. Dow Theory shows no trend in both weekly and monthly perspectives, and the On-Balance Volume indicates no trend. Overall, the mixed indicators suggest a lack of clear direction, reinforcing the neutral stance.

How has been the historical performance of Elin Electronics?

Elin Electronics has shown mixed historical performance, with net sales increasing from 785.58 Cr in March 2020 to 1,180.21 Cr in March 2025, while total expenditure also rose significantly. Despite fluctuations in operating profit, profit before tax and profit after tax improved, indicating resilience amid challenges in cash flow and rising costs.

Answer:<BR>The historical performance of Elin Electronics shows a mixed trend in financial metrics over the years leading up to March 2025.<BR><BR>Breakdown:<BR>Elin Electronics has experienced growth in net sales, increasing from 785.58 Cr in March 2020 to 1,180.21 Cr in March 2025, with a notable rise from 1,041.72 Cr in March 2024. Total operating income followed a similar trajectory, reaching 1,180.21 Cr in March 2025. However, total expenditure also rose significantly, culminating at 1,127.84 Cr in March 2025, up from 1,001.18 Cr in March 2024. Operating profit (PBDIT) showed fluctuations, peaking at 79.92 Cr in March 2022 but dropping to 70.71 Cr in March 2025. Profit before tax increased to 38.52 Cr in March 2025, while profit after tax rose to 29.32 Cr, reflecting a recovery from 13.87 Cr in March 2024. The company's earnings per share (EPS) improved to 6.02 in March 2025, up from 2.89 in March 2024. On the balance sheet, total assets grew to 727.76 Cr in March 2025, with total liabilities at 727.76 Cr, indicating a stable financial position. Cash flow from operating activities decreased to 16.00 Cr in March 2025, down from 42.00 Cr in March 2024, while cash flow from investing activities turned negative at -21.00 Cr. Overall, Elin Electronics has shown resilience with growth in sales and profits, despite challenges in cash flow and rising expenditures.

Is Elin Electronics overvalued or undervalued?

As of October 20, 2025, Elin Electronics is considered overvalued with a valuation grade of attractive, reflected by a PE ratio of 29.84, an EV to EBITDA of 15.96, and underperformance against the Sensex, despite having a lower PE ratio than peers like Kaynes Tech and Honeywell Auto.

As of 20 October 2025, the valuation grade for Elin Electronics has moved from very attractive to attractive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 29.84, an EV to EBITDA of 15.96, and a PEG ratio of 0.29, which suggests that while growth potential exists, the current price may not adequately reflect the underlying value.<BR><BR>In comparison to peers, Elin Electronics has a PE ratio significantly lower than that of Kaynes Tech at 144.89 and Honeywell Auto at 62.66, both categorized as very expensive. Despite this, the company's valuation appears stretched when considering its return on equity (ROE) of 5.49% and return on capital employed (ROCE) of 6.03%. Additionally, the stock has underperformed against the Sensex over various periods, including a year-to-date decline of 6.3% compared to a 7.97% increase in the Sensex, reinforcing the notion that Elin Electronics may be overvalued at its current price of 197.05.

Who are the top shareholders of the Elin Electronics?

The top shareholder of Elin Electronics is promoter Kamal Sethia, holding 9.22%. Individual investors own 47.49%, mutual funds hold 9.46%, and foreign institutional investors have 0.41%, with no pledged promoter holdings or notable public shareholders.

The top shareholders of Elin Electronics include Kamal Sethia, who is the promoter with the highest holding at 9.22%. The company also has significant individual investor holdings, which account for 47.49%. Additionally, mutual funds hold a combined 9.46% through two schemes, while foreign institutional investors (FIIs) hold 0.41% across 12 different entities. There are no pledged promoter holdings or notable public shareholders listed.

Has Elin Electronics declared dividend?

Elin Electronics Ltd has declared a 20% dividend, amounting to 1 per share, with an ex-date of September 22, 2023. However, total returns have been mixed, showing a -28.24% return over the last 6 months and modest gains in longer periods, with no consistent dividend returns in many intervals.

Elin Electronics Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 1 per share<BR>- Ex-date: 22 Sep 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -28.24%, with a dividend return of 0%, resulting in a total return of -28.24%.<BR><BR>Over the past year, the price return was 5.33%, with a dividend return of 0%, leading to a total return of 5.33%.<BR><BR>In the 2-year period, the price return was 13.34%, the dividend return was 0.60%, and the total return was 13.94%.<BR><BR>For the 3-year period, there was no price return, no dividend return, and a total return of 0.0%.<BR><BR>In the 4-year period, the price return was 0%, the dividend return was 0%, and the total return remained at 0.0%.<BR><BR>Finally, over the last 5 years, both the price return and dividend return were 0%, resulting in a total return of 0.0%.<BR><BR>Overall, while Elin Electronics has declared a dividend, the total returns over various periods show mixed performance, with significant declines in the short term and modest gains in the longer term. The absence of consistent dividend returns in many periods indicates a challenging financial environment.