Elin Electronics

Who are in the management team of Elin Electronics?

As of March 2023, 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, along with Lata Rani as Company Secretary.

As of March 2023, the management team of Elin Electronics includes:<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 comprises a mix of executive and independent directors, along with a company secretary.

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.

Who are the peers of the Elin Electronics?

Elin Electronics' peers include Carysil, Wonder Electric, Stove Kraft, IKIO Tech, Butterfly Gan Ap, CWD, Forbes & Co, MIRC Electronics, and BPL. Elin Electronics has an average management risk, a good capital structure, and a 1-year return of -7.26%.

Peers: The peers of Elin Electronics are Carysil, Wonder Electric., Stove Kraft, IKIO Tech, Butterfly Gan Ap, CWD, Forbes & Co, MIRC Electronics, and BPL.<BR><BR>Quality Snapshot: Excellent management risk is observed at Carysil, while Average management risk is found at Wonder Electric., Stove Kraft, IKIO Tech, Butterfly Gan Ap, Elin Electronics, CWD, Forbes & Co, BPL, and Singer India, and the rest. Good growth is seen at Wonder Electric. and BPL, while Average growth is noted at Carysil, CWD, and the rest, and Below Average growth is present at Stove Kraft, IKIO Tech, Butterfly Gan Ap, Elin Electronics, Forbes & Co, MIRC Electronics, and Singer India. Excellent capital structure is noted at IKIO Tech and Butterfly Gan Ap, while Good capital structure is found at Elin Electronics and Forbes & Co, and Average capital structure is seen at Carysil, Stove Kraft, CWD, and BPL, with Below Average capital structure at MIRC Electronics.<BR><BR>Return Snapshot: CWD has the highest 1-year return at 103.66%, while IKIO Tech has the lowest at -33.33%. Elin Electronics' 1-year return is -7.26%, which is higher than IKIO Tech's but lower than CWD's. Additionally, MIRC Electronics, BPL, and Singer India have negative six-month returns.

What does Elin Electronics do?

Elin Electronics Ltd, a Micro Cap company in the Electronics & Appliances industry, reported net sales of 3,158 Cr and a net profit of 172 Cr for the quarter ending March 2025. The company was incorporated in 1982 and transitioned to a public company in 1987.

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 originally incorporated on March 26, 1982, as a Private Limited Company. It transitioned to a Public Limited Company on July 27, 1987. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 3,158 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 172 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: INR 942 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 32.00<BR>- Industry P/E: 75<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.14<BR>- Return on Equity: 5.49%<BR>- Price to Book: 1.76<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 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.

How big is Elin Electronics?

As of 24th July, Elin Electronics Ltd has a market capitalization of 918.00 Cr, with recent net sales of 1180.21 Cr and a net profit of 29.32 Cr. Shareholder's funds are reported at 503.10 Cr, and total assets at 669.22 Cr as of March 2024.

As of 24th July, Elin Electronics Ltd has a market capitalization of 918.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>In the latest four quarters, Elin Electronics reported Net Sales of 1180.21 Cr and a Net Profit of 29.32 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds reported at 503.10 Cr and Total Assets at 669.22 Cr.

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.

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 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.

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.

Should I buy, sell or hold Elin Electronics Ltd?

Why is Elin Electronics Ltd falling/rising?

As of 25-May, Elin Electronics Ltd's stock price is rising to Rs 120.65, but concerns remain due to a significant year-over-year decline of -34.43% and reduced institutional interest, suggesting that the recent gains may not be sustainable.

As of 25-May, Elin Electronics Ltd's stock price is rising, currently at Rs 120.65, reflecting a change of Rs 2.1 or 1.77% increase. This upward movement follows a trend reversal, as the stock has gained after three consecutive days of decline. Additionally, the stock reached an intraday high of Rs 124, marking a 4.6% increase during the day.<BR><BR>The stock's performance today aligns with the overall sector, as the Electronics - Components sector has gained by 2.06%. However, despite this positive movement, there are underlying concerns. The stock has shown a significant decline over the past year, with a return of -34.43%, and a year-to-date drop of -27.03%. This long-term performance is compounded by a negative operating profit growth rate of -11.49% over the last five years.<BR><BR>Moreover, there has been a decrease in investor participation, with delivery volume falling by 27.23% against the five-day average. Institutional investors have also reduced their stake by 0.68% in the previous quarter, indicating a lack of confidence among larger investors.<BR><BR>While the company is net-debt free and has attractive valuations, the recent gains in stock price may not be sustainable given the poor long-term growth prospects and declining institutional interest. Thus, while the stock is currently rising, the broader context suggests caution due to its historical performance and investor sentiment.

Which are the latest news on Elin Electronics?

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.