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 06 February 2026.

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

Are Elin Electronics Ltd latest results good or bad?

Elin Electronics Ltd's latest Q3 FY26 results show a year-on-year net profit increase of 161.43% and revenue growth of 10.21%, but significant quarter-on-quarter declines of 64.47% in net profit and 21.63% in revenue, along with margin compression, indicate operational challenges and a concerning trend for investors. Overall, the results are more negative than positive.

Elin Electronics Ltd's latest results for Q3 FY26 indicate a challenging period for the company. While there was a notable year-on-year increase in net profit of 161.43%, the quarter saw a significant decline of 64.47% compared to the previous quarter. Similarly, revenue showed a year-on-year growth of 10.21%, but it fell sharply by 21.63% quarter-on-quarter.<BR><BR>The operating margin also compressed, dropping to 4.08% from 5.56% in the prior quarter, and the PAT margin decreased to 1.27% from 2.81%. These metrics suggest that the company is facing operational challenges, including rising costs and inefficiencies, which are impacting profitability.<BR><BR>Overall, while the year-on-year growth figures might seem positive, the substantial sequential declines in both net profit and revenue, along with margin compression, point to a concerning trend that could raise red flags for investors. The results reflect a deterioration in operational performance, making the latest results more negative than positive for the company.

Should I buy, sell or hold Elin Electronics Ltd?

Why is Elin Electronics Ltd falling/rising?

As of 17-Mar, Elin Electronics Ltd's stock price is currently at 120.15, reflecting a 2.3% increase and outperforming its sector today. Despite recent declines over the past month and year-to-date, today's positive trading activity has led to a short-term upward trend.

As of 17-Mar, Elin Electronics Ltd's stock price is rising, currently at 120.15, reflecting an increase of 2.7 (2.3%). This upward movement is notable as the stock has outperformed its sector by 0.99% today. Additionally, the stock reached an intraday high of Rs 121.7, marking a rise of 3.62%. <BR><BR>Despite a challenging performance over the past month and year-to-date, where the stock has seen declines of 13.69% and 27.34% respectively, the current rise can be attributed to today's positive trading activity. However, it is important to note that investor participation has decreased, with delivery volume falling by 16.16% compared to the 5-day average. <BR><BR>The stock's current price is higher than its 5-day moving averages, although it remains lower than the longer-term moving averages (20-day, 50-day, 100-day, and 200-day). This indicates a short-term positive trend amidst a broader context of underperformance. Overall, the combination of today's price increase and relative outperformance against the sector contributes to the stock's rising price.

Why is Elin Electronics Ltd falling/rising?

As of 18-Mar, Elin Electronics Ltd's stock price is rising to 120.75, driven by recent gains, strong profit growth of 163.8%, and increased institutional interest, despite a significant year-to-date decline of -26.97% and concerns over retail participation.

As of 18-Mar, Elin Electronics Ltd's stock price is rising, currently at 120.75, reflecting a change of 0.6 (0.5%) upward. This increase can be attributed to a few key factors. Firstly, the stock has been gaining for the last two days, with a total return of 2.81% during this period. Additionally, the stock's performance today is reported to be inline with the sector, suggesting a stable market environment.<BR><BR>Despite a significant decline in year-to-date performance of -26.97% and a one-month drop of -15.20%, the stock has shown resilience over the past year, generating a return of 4.82%. This is notable considering the company's profits have surged by 163.8% over the same period, indicating strong underlying financial health. Furthermore, the stock is trading at a discount compared to its peers, with a Price to Book Value of 1.1, which may attract investors looking for value.<BR><BR>Another positive sign is the increasing participation by institutional investors, who have raised their stake by 0.51% in the last quarter, now holding 6.82% of the company. This trend suggests a growing confidence in the company's fundamentals, as institutional investors typically have more resources to analyze potential investments.<BR><BR>However, it is important to note that the stock's moving averages indicate it is currently higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages, which may reflect mixed sentiment among investors. Additionally, there has been a decline in delivery volume, which fell by 24.48% against the 5-day average, indicating a potential decrease in retail investor participation.<BR><BR>In summary, while Elin Electronics Ltd is experiencing a rise in stock price, this is supported by recent gains, strong profit growth, and increased institutional interest, despite some concerns regarding long-term growth and declining retail participation.

Why is Elin Electronics Ltd falling/rising?

As of 19-Mar, Elin Electronics Ltd's stock price is at Rs 117.40, reflecting a 2.89% decline and a year-to-date drop of 29.00%. The stock continues to underperform, trading below key moving averages and experiencing decreased investor interest, contributing to a negative outlook for its long-term growth prospects.

As of 19-Mar, Elin Electronics Ltd's stock price is falling, currently at Rs 117.40, which reflects a decrease of Rs 3.5 or 2.89%. This decline is part of a broader trend, as the stock has underperformed significantly over various periods, with a year-to-date drop of 29.00% compared to a 12.92% decline in the benchmark index. <BR><BR>Today's performance indicates a continuation of this downward trend, as the stock has fallen after two consecutive days of gains. It reached an intraday low of Rs 116.45, marking a decrease of 3.68%. Additionally, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals bearish sentiment.<BR><BR>Investor participation has also decreased, with delivery volume on March 18 falling by 42.89% compared to the 5-day average, indicating reduced interest from retail investors. The electronics sector as a whole has experienced a decline of 2.83%, further contributing to the negative sentiment surrounding Elin Electronics.<BR><BR>Despite some positive factors, such as a low debt-to-equity ratio and increasing institutional investor participation, the company's long-term growth prospects appear poor. The operating profit has decreased at an annual rate of 11.49% over the last five years, and recent quarterly results have shown significant declines in profit before tax and profit after tax compared to previous averages. This consistent underperformance against benchmarks over the last three years reinforces the negative outlook for the stock, leading to its current decline.

Why is Elin Electronics Ltd falling/rising?

As of 20-Mar, Elin Electronics Ltd's stock price is Rs 117.60, down 0.34%, and has underperformed the Sensex with a 28.88% year-to-date decline. The stock is near its 52-week low and shows a bearish trend, with decreasing investor participation.

As of 20-Mar, Elin Electronics Ltd's stock price is falling, currently at Rs 117.60, which reflects a decrease of Rs 0.4 or 0.34%. The stock has been underperforming relative to the benchmark Sensex, with a performance of -0.59% over the past week compared to -0.04% for the Sensex. Over the last month, the stock has declined by 13.50%, while the Sensex has only dropped by 10.00%. Year-to-date, Elin Electronics has seen a significant decline of 28.88%, in contrast to the Sensex's decrease of 12.54%.<BR><BR>The stock is also close to its 52-week low, being only 2.42% away from Rs 114.75. It has been experiencing consecutive falls, losing 2.73% over the last two days. Additionally, Elin Electronics is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation appears to be declining, as evidenced by a 35.58% drop in delivery volume on March 19 compared to the 5-day average. Overall, these factors contribute to the stock's downward trajectory.

Why is Elin Electronics Ltd falling/rising?

As of 23-Mar, Elin Electronics Ltd's stock price is Rs. 109.40, down 6.3%, marking a new 52-week low. The stock has consistently underperformed against benchmarks, with significant declines in various time frames and decreased investor participation, contributing to its bearish trend.

As of 23-Mar, Elin Electronics Ltd's stock price is falling, currently at Rs. 109.40, reflecting a decrease of Rs. 7.35 or 6.3%. The stock has been on a downward trend, having lost 9.51% over the last three days and hitting a new 52-week low of Rs. 109.1 today. This decline is part of a broader pattern, as the stock has underperformed against the benchmark Sensex, with a one-week drop of 6.85% compared to the Sensex's 3.72% decline.<BR><BR>The company's performance has been lackluster over various periods, with a year-to-date drop of 33.84% and a one-month decline of 17.74%. Additionally, the stock has consistently underperformed against the benchmark over the last three years, generating a return of -9.25% in the past year while also showing negative growth in operating profit at an annual rate of -11.49% over the last five years.<BR><BR>Investor participation has also decreased, as evidenced by a significant drop in delivery volume, which fell by 64.39% compared to the five-day average. The stock's volatility has been high, with an intraday volatility of 5.13%, indicating uncertainty among investors. Furthermore, the stock is trading below its moving averages across multiple time frames, suggesting a bearish trend.<BR><BR>While there are some positive factors, such as a low debt-to-equity ratio and increased participation by institutional investors, these have not been sufficient to counteract the negative sentiment surrounding the stock. The combination of poor financial performance, declining investor interest, and consistent underperformance against benchmarks has contributed to the stock's current decline.

Why is Elin Electronics Ltd falling/rising?

As of 24-Mar, Elin Electronics Ltd's stock price is at Rs. 106.50, down 3.01% and has reached a new 52-week low of Rs. 103. The stock has significantly underperformed its sector and the broader market, with a year-to-date decline of 35.59%.

As of 24-Mar, Elin Electronics Ltd's stock price is falling, currently at Rs. 106.50, which reflects a decrease of Rs. 3.3 or 3.01%. The stock has been on a downward trend, having lost 11.91% over the last four days, and it has underperformed its sector by 5.7% today. Additionally, the stock has reached a new 52-week low of Rs. 103 today, indicating significant selling pressure.<BR><BR>In terms of broader performance, the stock has shown considerable declines over various periods, including a year-to-date drop of 35.59% compared to a 13.09% decline in the Sensex. Over the past month, the stock has decreased by 19.29%, while the Sensex has only fallen by 9.92%. This trend of underperformance is further highlighted by the fact that Elin Electronics is trading below its moving averages across multiple time frames, indicating a bearish sentiment among investors.<BR><BR>Despite opening with a gain of 2.05% today and reaching an intraday high of Rs. 112.05, the stock's volatility has been high, with an intraday fluctuation of 6.09%. The weighted average price suggests that more volume was traded closer to the lower price, reinforcing the notion of selling pressure. Overall, the combination of recent performance trends, high volatility, and the stock's position relative to moving averages contributes to the current decline in Elin Electronics Ltd's stock price.

Why is Elin Electronics Ltd falling/rising?

As of 25-Mar, Elin Electronics Ltd's stock price has risen to 108.65, reflecting a 3.3% increase due to a trend reversal and heightened investor interest. Despite this short-term gain, the company has underperformed over the long term, with a year-to-date decline of 34.29%.

As of 25-Mar, Elin Electronics Ltd is experiencing a rise in its stock price, currently at 108.65, reflecting an increase of 3.3 or 3.13%. This upward movement can be attributed to several factors. Firstly, the stock has shown a trend reversal, gaining after four consecutive days of decline. It opened with a significant gap up of 4.84% today and reached an intraday high of Rs 111, marking a 5.36% increase at its peak.<BR><BR>Additionally, the stock has outperformed its sector by 1.96%, indicating a relative strength compared to its peers. There has also been a notable increase in investor participation, with delivery volume rising by 134.98% against the five-day average, suggesting heightened interest from investors.<BR><BR>Despite the positive short-term performance, it is important to note that Elin Electronics has been underperforming against benchmarks over longer periods, with a year-to-date decline of 34.29% compared to the Sensex's 11.67%. However, the current rise in stock price may be influenced by the company's attractive valuation metrics, including a low debt-to-equity ratio and a PEG ratio of 0.1, alongside a significant increase in profits by 163.8% over the past year, despite a negative return of -9.23%.<BR><BR>In summary, the recent rise in Elin Electronics Ltd's stock price is primarily driven by a trend reversal, increased investor participation, and attractive valuation metrics, even as the company faces challenges in long-term growth and historical underperformance.

Which are the latest news on Elin Electronics?