Elin Electronics

Why is Elin Electronics Ltd falling/rising?

As of 14-Jul, Elin Electronics Ltd's stock price is rising to 102.05, but it has faced significant long-term challenges, including a year-to-date decline of 38.28% and a 45.15% drop over the past year. Despite a short-term increase, weak fundamentals and declining investor interest indicate potential difficulties ahead.

As of 14-Jul, Elin Electronics Ltd's stock price is rising, currently at 102.05, reflecting a change of 2.45 (2.46%) upward. This increase can be attributed to the stock outperforming its sector by 5.06% today, alongside an intraday high of Rs 104.55, which represents a rise of 4.97%. Despite this positive movement, the stock has faced significant challenges over the longer term, with a year-to-date decline of 38.28% and a one-year drop of 45.15%. <BR><BR>The stock is currently trading at a discount compared to its peers, with a Price to Book Value of 0.9, indicating a potentially attractive valuation. However, the company has experienced a substantial decline in profitability, with a 20.6% fall in profits over the past year, and a weak long-term fundamental strength characterized by a -12.11% CAGR growth in operating profits over the last five years. <BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 40.35% against the five-day average, and institutional investors reducing their stake by 0.68% in the previous quarter. This decline in institutional interest may reflect concerns about the company's long-term performance, as it has consistently underperformed against benchmarks like the BSE500 over the past three years. <BR><BR>In summary, while the stock is experiencing a short-term rise, the underlying fundamentals and long-term performance indicators suggest significant challenges ahead for Elin Electronics Ltd.

Which are the latest news on Elin Electronics?

What does Elin Electronics do?

Elin Electronics Ltd is a Micro Cap company in the Electronics & Appliances industry, reporting net sales of 324 Cr and a net profit of -1 Cr for the quarter ending March 2026. The company was incorporated in 1982 and transitioned to a Public Limited Company in 1987.

Overview:<BR>Elin Electronics Ltd operates in the Electronics & Appliances industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>Elin Electronics Limited was originally incorporated on March 26, 1982, as a Private Limited Company. It changed its legal structure to a Public Limited Company on July 27, 1987. The most recent quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 324 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: -1 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 536 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00 <BR>Industry P/E: 51 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.13 <BR>Return on Equity: 4.18% <BR>Price to Book: 0.97 <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

How big is Elin Electronics?

As of 10th June, Elin Electronics Ltd has a market capitalization of 536.00 Cr, with net sales of 1287.73 Cr and a net profit of 22.59 Cr in the latest four quarters.

As of 10th June, Elin Electronics Ltd has a market capitalization of 536.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Elin Electronics reported net sales of 1287.73 Cr and a net profit of 22.59 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing shareholder's funds of 534.18 Cr and total assets of 727.76 Cr.

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. They oversee the company's strategic direction and regulatory compliance.

The management team of Elin Electronics includes the following key members:<BR><BR>1. **Kamal Sethia** - Managing Director<BR>2. **Mangilall Sethia** - Chairman & Whole-time 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 is responsible for guiding the company's strategic direction and ensuring compliance with regulations.

Who are the peers of the Elin Electronics?

Elin Electronics' peers include Wonder Electric, IKIO Tech, Butterfly Gan Ap, CWD, Maruti Interior, Singer India, Forbes & Co, Sharp India, and Parin Enterprises. In terms of performance, Elin Electronics has a low return of -44.18%, significantly lower than its peers, with average management and growth risks.

Peers: The peers of Elin Electronics are Wonder Electric., IKIO Tech, Butterfly Gan Ap, CWD, Maruti Interior, Singer India, Forbes & Co, Sharp India, and Parin Enterpris.<BR><BR>Quality Snapshot: Excellent management risk is observed at IKIO Tech and Maruti Interior, while Average management risk is found at Wonder Electric., Butterfly Gan Ap, CWD, Elin Electronics, Singer India, Forbes & Co, and Parin Enterpris. Below Average management risk is noted at IKIO Tech and Butterfly Gan Ap. In terms of Growth, Excellent growth is seen at CWD, while Average growth is found at Wonder Electric., Elin Electronics, Maruti Interior, Singer India, and Forbes & Co. Below Average growth is observed at IKIO Tech, Butterfly Gan Ap, and Parin Enterpris. Capital Structure ratings show Excellent at IKIO Tech and Butterfly Gan Ap, Good at CWD, Elin Electronics, Maruti Interior, Singer India, and Forbes & Co, and Average at Wonder Electric. and Parin Enterpris.<BR><BR>Return Snapshot: Maruti Interior has the highest 1-year return at 126.46%, while Elin Electronics has the lowest at -44.18%. Compared to its peers, Elin Electronics' return is significantly lower. Additionally, the six-month returns for Elin Electronics, Wonder Electric., IKIO Tech, Butterfly Gan Ap, CWD, Singer India, Forbes & Co, and Parin Enterpris are all negative.

Should I buy, sell or hold Elin Electronics Ltd?

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.

When is the next results date for Elin Electronics Ltd?

The next results date for Elin Electronics Ltd is 25 May 2026.

The next results date for Elin Electronics Ltd is scheduled for 25 May 2026.

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.