{
  "main_header": {
    "sid": 915399,
    "name": "Elnet Technolog",
    "stock_name": "Elnet Technolog",
    "full_name": "Elnet Technologies Ltd",
    "name_url": "stocks-analysis/elnet-technolog",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "344.90",
    "chg": 0.35,
    "chgp": "0.1%",
    "dir": 1,
    "prev_price": "344.55",
    "mcapval": "138.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 517477,
    "symbol": "ELNET",
    "ind_name": "Computers - Software & Consulting",
    "ind_code": 57,
    "indexname": "",
    "isin": "INE033C01019",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "401 ",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/elnet-technolog-915399-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Why is Elnet Technolog falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-elnet-technolog-fallingrising-3739672",
        "imagepath": "",
        "date": "2025-12-02 00:56:13",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Context</strong></p>\n<p>Elnet Technologies opened the trading session with a positive gap, rising by 3.46% and reaching an intraday high of ₹357. However, this initial optimism was short-lived as the stock reversed course to close lower. The weighted average price indicates that a larger volume of shares traded closer to the day’s low, signalling selling pressure towards the session’s end. This intraday volatility reflects a struggle to maintain upward momentum despite early gains.</p>\n<p>Over the past three days, the stock has consecutively declined, accumulating a loss of 2.88%. This short-term weakness is more pronounced when compared to the sector, with Elnet underperforming by 1.73% today. The stock’s performance over the last week and month further high..."
      },
      {
        "title": "Is Elnet Technolog overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-elnet-technolog-overvalued-or-undervalued-3716778",
        "imagepath": "",
        "date": "2025-11-20 08:07:13",
        "description": "As of 19 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 7.23, a Price to Book Value of 0.83, and an EV to EBITDA ratio of 4.00. These metrics suggest that Elnet is priced competitively relative to its earnings and book value.\n\nIn comparison to its peers, Elnet Technolog's PE ratio is significantly lower than that of TCS at 22.64 and Infosys at 22.77, both of which are considered attractive. Additionally, Elnet's PEG ratio of 0.70 indicates potential for growth relative to its valuation, making it an appealing option in the software and consulting sector. Despite recent underperformance compared to the Sensex, with a year-to-date return of -16.02% versus the Sensex's 9.02%, the long-term performance of 116.39% over three years suggests a strong recovery..."
      },
      {
        "title": "Elnet Technologies Investment Evaluation Revised on Technical and Financial Parameters",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/elnet-technologies-downgraded-to-sell-by-marketsmojo-on-technical-and-financial-concerns-3715033",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ElnetTechnologi_mojoScore_3715033.png",
        "date": "2025-11-19 08:18:54",
        "description": "Elnet Technologies, a key player in the Computers - Software & Consulting sector, has undergone a revision in its investment evaluation based on recent developments across technical trends, valuation metrics, financial performance, and market behaviour. This adjustment reflects nuanced shifts in the company’s standing relative to its peers and broader market indices."
      },
      {
        "title": "How has been the historical performance of Elnet Technolog?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-elnet-technolog-3713205",
        "imagepath": "",
        "date": "2025-11-18 23:00:32",
        "description": "Answer:\nThe historical performance of Elnet Technolog shows a steady growth in net sales and profit over the years, with significant improvements in profitability metrics.\n\nBreakdown:\nElnet 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 ..."
      },
      {
        "title": "Elnet Technologies Adjusts Evaluation Score Amid Mildly Bullish Market Trends",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/elnet-technologies-stock-rating-upgraded-to-hold-amid-mildly-bullish-trend-3700717",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ElnetTechnologi_mojoScore_3700717.png",
        "date": "2025-11-14 08:14:57",
        "description": "Elnet Technologies has recently experienced a change in its evaluation score, indicating a shift in technical trends. The company maintains a low Debt to Equity ratio and has shown modest growth in net sales and operating profit over the past five years, reflecting a stable growth trajectory."
      },
      {
        "title": "How has been the historical performance of Elnet Technolog?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-elnet-technolog-3699470",
        "imagepath": "",
        "date": "2025-11-13 23:37:59",
        "description": "Answer:\nThe historical performance of Elnet Technolog shows a steady growth in net sales and profit over the years, with notable increases in profitability metrics.\n\nBreakdown:\nElnet Technolog's net sales have shown slight fluctuations, starting at 21.48 Cr in Mar'15 and reaching 22.21 Cr in Mar'18. The total operating income mirrored this trend, peaking at 22.21 Cr in Mar'18. The company's total expenditure, excluding depreciation, increased from 9.92 Cr in Mar'15 to 10.56 Cr in Mar'18, while operating profit (PBDIT) remained robust, rising from 11.56 Cr in Mar'15 to 15.32 Cr in Mar'18. Profit before tax also demonstrated a positive trend, increasing from 8.47 Cr in Mar'15 to 12.33 Cr in Mar'18, leading to a profit after tax of 9.00 Cr in Mar'18, up from 5.63 Cr in Mar'15. The earnings per share (EPS) improved significantly from 14.07 in Mar'15 to 22.5 in Mar'18, reflecting enhanced shareholder value. On t..."
      },
      {
        "title": "How has been the historical performance of Elnet Technolog?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-elnet-technolog-3677265",
        "imagepath": "",
        "date": "2025-11-06 22:59:22",
        "description": "Answer:\nThe historical performance of Elnet Technolog shows a steady growth in net sales and profitability over the years.\n\nBreakdown:\nElnet 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. The total operating income mirrored this trend, remaining consistent around the 22 Cr mark. The company's operating profit (PBDIT) was 15.32 Cr in Mar'18, slightly down from 15.56 Cr in Mar'17, while the profit before tax increased to 12.33 Cr in Mar'18 from 12.06 Cr in the previous year. The profit after tax also rose to 9.00 Cr in Mar'18, up from 7.83 Cr in Mar'17, reflecting a growing PAT margin of 40.51%. Elnet's total assets increased to 88.37 Cr in Mar'18 from 78.07 Cr in Mar'17, with total liabilities also rising to 88.37 Cr, indicating a stable financial position. Cash flow from operating activities improved significantly to 24.83 Cr in ..."
      },
      {
        "title": "Are Elnet Technolog latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-elnet-technolog-latest-results-good-or-bad-3676450",
        "imagepath": "",
        "date": "2025-11-06 19:19:37",
        "description": "Elnet Technologies' latest financial results for Q2 FY26 reveal a mixed operational performance characterized by stagnant revenue growth and stable margins. The company reported net sales of ₹6.25 crores, reflecting a year-on-year growth of 3.65% and a sequential increase of 2.63% from the previous quarter. However, this growth is relatively modest, highlighting ongoing challenges in scaling its core business model, which heavily relies on rental income from its software technology park infrastructure.\n\nThe net profit for the quarter stood at ₹5.02 crores, unchanged sequentially but showing a year-on-year increase of 12.81%. Despite maintaining a high PAT margin of 80.32%, this figure represents a decline from the previous quarter, raising concerns about margin sustainability. The operating margin, excluding other income, was reported at 66.40%, which indicates a slight improvement from the prior quarter bu..."
      },
      {
        "title": "Elnet Technologies Q2 FY26: Modest Growth Masks Deeper Profitability Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/elnet-technologies-q2-fy26-modest-growth-masks-deeper-profitability-concerns-3676329",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ElnetTechnologi_quaterlyResult_3676329.png",
        "date": "2025-11-06 09:54:16",
        "description": "Elnet Technologies Ltd., a Chennai-based software technology park developer, reported net profit of ₹5.02 crores in Q2 FY26, maintaining flat performance quarter-on-quarter but posting a modest 12.81% year-on-year improvement. With a market capitalisation of ₹150 crores and trading at ₹372, the stock has gained 0.83% in recent trading sessions, though it remains 18% below its 52-week high of ₹453.80."
      }
    ],
    "total": 420,
    "sid": "915399",
    "stock_news_url": "https://www.marketsmojo.com/news/elnet-technologies-915399"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "06-Nov-2025",
      "details": "Submission of Newspaper Advertisements - Extract of unaudited financial results for the quarter and half-year ended September 30th 2025 - Elnet Technologies Limited.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)",
      "datetime": "06-Nov-2025",
      "details": "Resignation of Cheif financial officer has been attached.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Change in Directorate",
      "datetime": "05-Nov-2025",
      "details": "Intimation about change in directorate is enclosed as attachment.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Elnet Technologies Ltd has declared <strong>19%</strong> dividend, ex-date: 01 Sep 25",
          "dt": "2025-09-01",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is Elnet Technolog falling/rising?

2025-12-02 00:56:13

Recent Price Movement and Market Context

Elnet Technologies opened the trading session with a positive gap, rising by 3.46% and reaching an intraday high of ₹357. However, this initial optimism was short-lived as the stock reversed course to close lower. The weighted average price indicates that a larger volume of shares traded closer to the day’s low, signalling selling pressure towards the session’s end. This intraday volatility reflects a struggle to maintain upward momentum despite early gains.

Over the past three days, the stock has consecutively declined, accumulating a loss of 2.88%. This short-term weakness is more pronounced when compared to the sector, with Elnet underperforming by 1.73% today. The stock’s performance over the last week and month further high...

Read More

Is Elnet Technolog overvalued or undervalued?

2025-11-20 08:07:13

As of 19 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 7.23, a Price to Book Value of 0.83, and an EV to EBITDA ratio of 4.00. These metrics suggest that Elnet is priced competitively relative to its earnings and book value. In comparison to its peers, Elnet Technolog's PE ratio is significantly lower than that of TCS at 22.64 and Infosys at 22.77, both of which are considered attractive. Additionally, Elnet's PEG ratio of 0.70 indicates potential for growth relative to its valuation, making it an appealing option in the software and consulting sector. Despite recent underperformance compared to the Sensex, with a year-to-date return of -16.02% versus the Sensex's 9.02%, the long-term performance of 116.39% over three years suggests a strong recovery...

Read More

Elnet Technologies Investment Evaluation Revised on Technical and Financial Parameters

2025-11-19 08:18:54

Elnet Technologies, a key player in the Computers - Software & Consulting sector, has undergone a revision in its investment evaluation based on recent developments across technical trends, valuation metrics, financial performance, and market behaviour. This adjustment reflects nuanced shifts in the company’s standing relative to its peers and broader market indices.

Read More

How has been the historical performance of Elnet Technolog?

2025-11-18 23:00:32

Answer: The historical performance of Elnet Technolog shows a steady growth in net sales and profit over the years, with significant improvements in profitability metrics. Breakdown: 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 ...

Read More

Elnet Technologies Adjusts Evaluation Score Amid Mildly Bullish Market Trends

2025-11-14 08:14:57

Elnet Technologies has recently experienced a change in its evaluation score, indicating a shift in technical trends. The company maintains a low Debt to Equity ratio and has shown modest growth in net sales and operating profit over the past five years, reflecting a stable growth trajectory.

Read More

How has been the historical performance of Elnet Technolog?

2025-11-13 23:37:59

Answer: The historical performance of Elnet Technolog shows a steady growth in net sales and profit over the years, with notable increases in profitability metrics. Breakdown: Elnet Technolog's net sales have shown slight fluctuations, starting at 21.48 Cr in Mar'15 and reaching 22.21 Cr in Mar'18. The total operating income mirrored this trend, peaking at 22.21 Cr in Mar'18. The company's total expenditure, excluding depreciation, increased from 9.92 Cr in Mar'15 to 10.56 Cr in Mar'18, while operating profit (PBDIT) remained robust, rising from 11.56 Cr in Mar'15 to 15.32 Cr in Mar'18. Profit before tax also demonstrated a positive trend, increasing from 8.47 Cr in Mar'15 to 12.33 Cr in Mar'18, leading to a profit after tax of 9.00 Cr in Mar'18, up from 5.63 Cr in Mar'15. The earnings per share (EPS) improved significantly from 14.07 in Mar'15 to 22.5 in Mar'18, reflecting enhanced shareholder value. On t...

Read More

How has been the historical performance of Elnet Technolog?

2025-11-06 22:59:22

Answer: The historical performance of Elnet Technolog shows a steady growth in net sales and profitability over the years. Breakdown: 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. The total operating income mirrored this trend, remaining consistent around the 22 Cr mark. The company's operating profit (PBDIT) was 15.32 Cr in Mar'18, slightly down from 15.56 Cr in Mar'17, while the profit before tax increased to 12.33 Cr in Mar'18 from 12.06 Cr in the previous year. The profit after tax also rose to 9.00 Cr in Mar'18, up from 7.83 Cr in Mar'17, reflecting a growing PAT margin of 40.51%. Elnet's total assets increased to 88.37 Cr in Mar'18 from 78.07 Cr in Mar'17, with total liabilities also rising to 88.37 Cr, indicating a stable financial position. Cash flow from operating activities improved significantly to 24.83 Cr in ...

Read More

Are Elnet Technolog latest results good or bad?

2025-11-06 19:19:37

Elnet Technologies' latest financial results for Q2 FY26 reveal a mixed operational performance characterized by stagnant revenue growth and stable margins. The company reported net sales of ₹6.25 crores, reflecting a year-on-year growth of 3.65% and a sequential increase of 2.63% from the previous quarter. However, this growth is relatively modest, highlighting ongoing challenges in scaling its core business model, which heavily relies on rental income from its software technology park infrastructure. The net profit for the quarter stood at ₹5.02 crores, unchanged sequentially but showing a year-on-year increase of 12.81%. Despite maintaining a high PAT margin of 80.32%, this figure represents a decline from the previous quarter, raising concerns about margin sustainability. The operating margin, excluding other income, was reported at 66.40%, which indicates a slight improvement from the prior quarter bu...

Read More

Elnet Technologies Q2 FY26: Modest Growth Masks Deeper Profitability Concerns

2025-11-06 09:54:16

Elnet Technologies Ltd., a Chennai-based software technology park developer, reported net profit of ₹5.02 crores in Q2 FY26, maintaining flat performance quarter-on-quarter but posting a modest 12.81% year-on-year improvement. With a market capitalisation of ₹150 crores and trading at ₹372, the stock has gained 0.83% in recent trading sessions, though it remains 18% below its 52-week high of ₹453.80.

Read More

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