Elnet Technolog

Which are the latest news on Elnet Technolog?

Why is Elnet Technologies Ltd falling/rising?

As of 05-Sep, Elnet Technologies Ltd's stock price is rising to 312.35, indicating a potential shift in market sentiment after a trend reversal. Increased investor participation and outperformance against its sector suggest growing confidence, despite longer-term declines.

As of 05-Sep, Elnet Technologies Ltd's stock price is rising, currently at 312.35, with a change of 0.3 (0.1%) up. This upward movement follows a trend reversal after three consecutive days of decline, indicating a potential shift in market sentiment. Additionally, the stock has outperformed its sector by 1.39% today, suggesting that it is gaining traction compared to its peers.<BR><BR>Investor participation has also increased, as evidenced by a significant rise in delivery volume, which was 5.63 k on September 3, marking a 142.5% increase against the 5-day average delivery volume. This heightened activity may reflect growing investor confidence in the stock. <BR><BR>While the stock has experienced declines over longer periods, such as a 12.56% drop year-to-date and a 21.12% drop over the past year, the current performance indicates a positive short-term trend. The stock's price is currently higher than the 20-day moving averages, although it remains below the 5-day, 50-day, 100-day, and 200-day moving averages, which could suggest a potential recovery phase. Overall, the combination of a trend reversal, increased investor participation, and outperformance against the sector contributes to the stock's rising price.

Who are in the management team of Elnet Technolog?

The management team of Elnet Technolog includes Executive Director Unnamalai Thiagarajan and a group of non-executive directors, including Aneesh Sekhar as Chairman. They oversee the company's strategic direction and operations.

The management team of Elnet Technolog includes the following members:<BR><BR>1. **Unnamalai Thiagarajan** - Executive Director & Managing Director<BR>2. **C Ramachandran** - Non-Executive & Non-Independent Director<BR>3. **J Ravi** - Non-Executive & Non-Independent Director<BR>4. **Kirubanandhan** - Non-Executive & Non-Independent Director<BR>5. **N. Srivathsa Desikan** - Non-Executive & Non-Independent Director<BR>6. **G Chellakrishna** - Non-Executive & Non-Independent Director<BR>7. **R. Ganapathi** - Non-Executive & Non-Independent Director<BR>8. **H Karthik Seshadri** - Non-Executive & Non-Independent Director<BR>9. **G Senrayaperumal** - Non-Executive & Non-Independent Director<BR>10. **K Kasim** - Non-Executive & Non-Independent Director<BR>11. **A. P Radhakrishnan** - Non-Executive & Non-Independent Director<BR>12. **Aneesh Sekhar** - Chairman (Non-Executive) & Director (Non-Independent)<BR><BR>This team is responsible for guiding the company's strategic direction and operations.

What does Elnet Technolog do?

Elnet Technologies Ltd develops and maintains an integrated software technology park and BPO services, classified as a Micro Cap company. As of June 2026, it reported net sales of 7 Cr and a net profit of 5 Cr, with a market cap of INR 126 Cr.

Overview: <BR>Elnet Technologies Ltd is engaged in developing and maintaining an integrated software technology park and Business Process Outsourcing Industries, operating within the Computers - Software & Consulting industry and classified as a Micro Cap company.<BR><BR>History: <BR>Elnet Technologies Ltd was incorporated in August 1990 as a Public Limited Company. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 7 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 5 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 126 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 6.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 0.59% <BR>Debt-Equity: -0.49 <BR>Return on Equity: 11.45% <BR>Price to Book: 0.73 <BR><BR>Contact Details: <BR>Address: Elnet Software City TS 140, B N 2&9 RajivGandhi S Taramani Chennai Tamil Nadu : 600113 <BR>Tel: 91-044-22541337/1098 <BR>Email: elnetcity@gmail.com <BR>Website: http://www.elnettechnologies.com

Who are the peers of the Elnet Technolog?

Elnet Technolog's peers include Secmark Consult, WEP Solutions, Globalspace Tech, California Soft, VL E-Governance, and GVP Infotech, with varying management risks and growth rates. Globalspace Tech leads in 1-year returns at 142.95%, while VL E-Governance has the lowest at -69.33%, with Elnet Technolog at -18.63%.

Peers: The peers of Elnet Technolog are Secmark Consult., WEP Solutions, Globalspace Tech, California Soft., VL E-Governance, and GVP Infotech.<BR><BR>Quality Snapshot: Excellent management risk is observed at California Soft., while Average management risk is found at Secmark Consult. and WEP Solutions, and the rest. Below Average management risk is noted for Globalspace Tech, VL E-Governance, and GVP Infotech. Growth is Excellent at California Soft., Good at Secmark Consult. and Globalspace Tech, Below Average at WEP Solutions, and the rest, while VL E-Governance and GVP Infotech show Below Average growth. Capital Structure is Excellent at Elnet Technolog, Good at Secmark Consult., WEP Solutions, and California Soft., Average at Globalspace Tech, and Below Average at VL E-Governance and GVP Infotech.<BR><BR>Return Snapshot: Globalspace Tech has the highest 1-year return at 142.95%, while VL E-Governance has the lowest at -69.33%, with Elnet Technolog's 1-year return at -18.63% being better than VL E-Governance but worse than Globalspace Tech. Additionally, VL E-Governance and GVP Infotech have negative six-month returns.

How big is Elnet Technolog?

As of 31st August, Elnet Technologies Ltd has a market capitalization of 126.00 Cr, with recent net sales of 25.60 Cr and a net profit of 20.10 Cr. Shareholder's funds are 67.76 Cr and total assets are valued at 88.37 Cr as of March 2018.

As of 31st August, Elnet Technologies Ltd has a market capitalization of 126.00 Cr, categorized as a Micro Cap.<BR><BR>In the latest four quarters, Elnet Technologies reported Net Sales of 25.60 Cr and a Net Profit of 20.10 Cr.<BR><BR>The latest annual period for the balance sheet is March 2018, with Shareholder's Funds amounting to 67.76 Cr and Total Assets valued at 88.37 Cr.

Should I buy, sell or hold Elnet Technologies Ltd?

When is the next results date for Elnet Technologies Ltd?

The next results date for Elnet Technologies Ltd is August 13, 2026.

The next results date for Elnet Technologies Ltd is scheduled for August 13, 2026.

Are Elnet Technologies Ltd latest results good or bad?

Elnet Technologies Ltd's latest results are mixed; while it reported a 6.13% year-on-year profit increase and strong operating margins, concerns arise from a 4.50% sequential revenue decline and a low five-year sales growth rate of 1.88%, along with a heavy reliance on non-operating income. Overall, these factors suggest potential weaknesses in the company's future performance despite some positive indicators.

Elnet Technologies Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹5.02 crore for Q4 FY26, which is a 6.13% increase year-on-year, and revenue of ₹6.16 crore, reflecting a significant 17.78% growth compared to the same quarter last year. Additionally, the operating margin remains strong at 70.13%, up from 60.04% a year ago.<BR><BR>However, these positive aspects are overshadowed by some concerning trends. The revenue declined by 4.50% sequentially from the previous quarter, indicating ongoing volatility in its top-line performance. Furthermore, the company's five-year sales growth rate is a mere 1.88%, raising questions about its ability to generate sustainable growth. <BR><BR>Another critical concern is the high dependency on non-operating income, which constituted 44.21% of profit before tax in the latest quarter. This reliance suggests that the company's core operations are not sufficiently robust to support its profitability.<BR><BR>In summary, while Elnet Technologies shows strong margins and consistent profitability, the lack of meaningful growth and heavy reliance on non-core income raise fundamental concerns about its future performance. Investors may view the results as a signal of underlying weaknesses despite some positive metrics.

Is Elnet Technolog overvalued or undervalued?

As of November 27, 2025, Elnet Technologies is fairly valued with a PE ratio of 7.25, significantly lower than peers like TCS and Infosys, and despite recent underperformance, it shows strong long-term growth potential with a five-year return of 184.42%.

As of 27 November 2025, Elnet Technolog's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 7.25, a Price to Book Value of 0.84, and an EV to EBITDA ratio of 4.03. These figures suggest that Elnet is trading at reasonable multiples compared to its earnings and asset values.<BR><BR>In terms of peer comparison, Elnet's PE ratio of 7.25 is significantly lower than that of TCS, which stands at 22.56, and Infosys, with a PE of 23.14, both of which are considered attractive. Additionally, Elnet's PEG ratio of 0.71 further supports its valuation as it indicates potential for growth relative to its price. Despite recent underperformance against the Sensex, with a year-to-date return of -15.82% compared to the Sensex's 9.70%, the long-term performance over five years shows a robust return of 184.42%, reinforcing the potential for recovery and value in Elnet Technolog.

How has been the historical performance of Elnet Technolog?

Elnet Technolog has shown steady growth in net sales and profitability, with a profit after tax increase to 9.00 Cr in Mar'18 and an improved PAT margin of 40.51%. Total assets rose to 88.37 Cr, reflecting strong financial performance and asset growth.

Answer:<BR>The historical performance of Elnet Technolog shows a steady growth in net sales and profit over the years, with significant improvements in profitability metrics.<BR><BR>Breakdown:<BR>Elnet Technolog's net sales have shown slight fluctuations, with a peak of 22.67 Cr in Mar'17 and a decrease to 22.21 Cr in Mar'18. Total operating income mirrored this trend, remaining relatively stable around the 22 Cr mark. The company's total expenditure, excluding depreciation, increased from 9.73 Cr in Mar'17 to 10.56 Cr in Mar'18, primarily due to rising employee and manufacturing costs. Despite this, operating profit (PBDIT) remained strong, at 15.32 Cr in Mar'18, slightly down from 15.56 Cr in the previous year. Profit before tax also saw a modest increase to 12.33 Cr in Mar'18 from 12.06 Cr in Mar'17, leading to a profit after tax of 9.00 Cr, up from 7.83 Cr. The earnings per share rose to 22.5 in Mar'18, reflecting the company's robust profitability, while the PAT margin improved to 40.51%. On the balance sheet, total assets increased to 88.37 Cr in Mar'18, up from 78.07 Cr in Mar'17, driven by higher cash and bank balances, which rose significantly to 40.22 Cr. The total liabilities also increased to 88.37 Cr, with total debt remaining stable at 4.26 Cr. Overall, Elnet Technolog has demonstrated a solid financial performance with increasing profitability and asset growth over the years.

Who are the top shareholders of the Elnet Technolog?

The top shareholders of Elnet Technolog include Electronics Corporation Of Tamilnadu Limited with 26.0% and individual investors with 38.35%. The largest public shareholder is Sangeetha S, holding 3.36%, while there are no mutual funds or foreign institutional investors involved.

The top shareholders of Elnet Technolog include the promoter, Electronics Corporation Of Tamilnadu Limited, which holds 26.0% of the shares. Additionally, individual investors collectively own 38.35% of the company. The highest public shareholder is Sangeetha S, with a holding of 3.36%. There are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

What is the technical trend for Elnet Technolog?

As of June 4, 2025, Elnet Technologies shows a mildly bearish trend, with mixed signals from key indicators like the weekly MACD and RSI, while daily moving averages reinforce the short-term negative outlook.

As of 4 June 2025, the technical trend for Elnet Technolog has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The weekly RSI is bearish, while the monthly RSI shows no signal, suggesting weakness in momentum. Bollinger Bands are bearish on the weekly timeframe and sideways on the monthly, reflecting a lack of clear direction. Daily moving averages are mildly bearish, reinforcing the short-term negative outlook. KST shows a mildly bullish stance weekly but is mildly bearish monthly, adding to the mixed sentiment. Dow Theory indicates no trend in both weekly and monthly perspectives. Overall, the current stance is mildly bearish, with key indicators like the weekly RSI and daily moving averages driving this view.

Has Elnet Technolog declared dividend?

Elnet Technologies Ltd has declared a 17% dividend, amounting to 1.7 per share, with an ex-date of September 17, 2024. Despite recent fluctuations, the company has shown strong total returns over longer periods, particularly a 301.22% total return over the past 5 years.

Elnet Technologies Ltd has declared a 17% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 17%<BR>- Amount per share: 1.7<BR>- Ex-date: Sep-17-2024<BR><BR>Dividend Yield: 0.48%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -18.32%, the dividend return was 0%, resulting in a total return of -18.32%.<BR><BR>Over the past year, the price return was 2.9%, with a dividend return of 0.51%, leading to a total return of 3.41%.<BR><BR>In the 2-year period, the price return was 94.71%, the dividend return was 1.94%, culminating in a total return of 96.65%.<BR><BR>For the 3-year period, the price return was 125.74%, the dividend return was 4.07%, resulting in a total return of 129.81%.<BR><BR>In the last 4 years, the price return was 143.83%, with a dividend return of 4.20%, leading to a total return of 148.03%.<BR><BR>Finally, over the past 5 years, the price return was 293.15%, the dividend return was 8.07%, resulting in a total return of 301.22%.<BR><BR>Overall, Elnet Technologies Ltd has declared a dividend and has shown significant total returns over longer periods, particularly in the 5-year span, indicating strong performance despite recent fluctuations in the short term.