Why is Elin Electronics Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate -12.11% of over the last 5 years
- PAT(Q) At Rs -0.76 cr has Fallen at -107.4% (vs previous 4Q average)
- INVENTORY TURNOVER RATIO(HY) Lowest at 7.85 times
- OPERATING PROFIT TO NET SALES(Q) Lowest at 1.84%
2
Falling Participation by Institutional Investors
- Institutional investors have decreased their stake by -0.68% over the previous quarter and collectively hold 6.14% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
3
Below par performance in long term as well as near term
- Along with generating -37.11% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Elin Electronics for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Elin Electronics
-36.61%
-0.79
46.36%
Sensex
-7.5%
-0.58
13.00%
Quality key factors
Factor
Value
Sales Growth (5y)
6.19%
EBIT Growth (5y)
-12.11%
EBIT to Interest (avg)
3.32
Debt to EBITDA (avg)
0.74
Net Debt to Equity (avg)
-0.13
Sales to Capital Employed (avg)
1.99
Tax Ratio
23.81%
Dividend Payout Ratio
34.54%
Pledged Shares
0
Institutional Holding
6.14%
ROCE (avg)
6.80%
ROE (avg)
4.45%
Valuation Key Factors 
Factor
Value
P/E Ratio
25
Industry P/E
51
Price to Book Value
1.05
EV to EBIT
16.57
EV to EBITDA
9.30
EV to Capital Employed
1.06
EV to Sales
0.40
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
6.41%
ROE (Latest)
4.18%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
1What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 6.10 times
-21What is not working for the Company
PAT(Q)
At Rs -0.76 cr has Fallen at -107.4% (vs previous 4Q average
INVENTORY TURNOVER RATIO(HY)
Lowest at 7.85 times
OPERATING PROFIT TO NET SALES(Q)
Lowest at 1.84%
PBDIT(Q)
Lowest at Rs 5.95 cr.
PBT LESS OI(Q)
Lowest at Rs -2.82 cr.
EPS(Q)
Lowest at Rs -0.16
Loading Valuation Snapshot...
Here's what is working for Elin Electronics
Debtors Turnover Ratio- Half Yearly
Highest at 6.10 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Elin Electronics
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -2.82 cr has Fallen at -130.8% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 9.15 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs -0.76 cr has Fallen at -107.4% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 10.32 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 1.84% and Fallen
each quarter in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Inventory Turnover Ratio- Half Yearly
Lowest at 7.85 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 5.95 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -2.82 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs -0.16
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






