Elin Electronics
Elin Electronics Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Elin Electronics Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Elin Electronics Ltd trades at a P/E of 23.25× and P/B of 0.92×, against the Industrials sector median P/E of 33.60×.
Valuation
Profitability
Growth
Financial Health
Elin Electronics Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Elin Electronics Ltd, switchable between annual and quarterly views, consolidated or standalone.
Elin Electronics Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹537.85 Cr and reported EPS of ₹4.64.
| Period | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue from Operations | 1,075 | 1,042 | 1,180 | 1,288 |
| Other Income | 2 | 9 | 18 | 8 |
| Total Income | 1,078 | 1,051 | 1,199 | 1,295 |
| Cost of Goods Sold (COGS) | 797 | 771 | 875 | 969 |
| Gross Profit | 279 | 271 | 305 | 319 |
| +Operating Expenses | 214 | 231 | 252 | 264 |
| EBITDA | 65 | 41 | 52 | 56 |
| +Non-Operating Expenses | 32 | 30 | 32 | 32 |
| Profit Before Tax (PBT) | 36 | 20 | 39 | 30 |
| +Tax Expense | 9 | 6 | 9 | 7 |
| Profit After Tax (PAT) | 27 | 14 | 29 | 23 |
| Earnings Per Share (EPS) | 5.40 | 2.79 | 5.90 | 4.55 |
| Diluted Shares Outstanding (Nos.) | 5 | 5 | 5 | 5 |
| +Additional Disclosures | 1,839 | 1,803 | 2,035 | 2,232 |
| Sales Growth % | — | -3.13 | 13.29 | 9.11 |
| YoY Sales Growth % | — | -3.13 | 13.29 | 9.11 |
| Material Cost % | 73 | 71 | 72 | 74 |
| Employee Cost % | 12 | 14 | 14 | 13 |
| Other Cost % | 8 | 8 | 7 | 7 |
| OPM % | 6 | 4 | 4 | 4 |
| Tax % | 25 | 30 | 24 | 24 |
| Profit Growth % | — | -48.24 | 111.34 | -22.96 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 46 | 19 | 28 | 31 |
Elin Electronics segment analysis: revenue and profit mix.
Disclosed business segments at Elin Electronics with their share of revenue and profit, switchable between consolidated and standalone reporting.
Elin Electronics discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Elin Electronics Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Elin Electronics Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Elin Electronics Ltd's investment case rests on 7 positive markers and 8 flagged concerns drawn from the latest reported filings.
What you're getting.
The company demonstrated robust quarterly profit growth of 58.60% year-on-year, with net profit reaching 9.39 Cr in the latest quarter, indicating improving operational efficiency.
With a very low debt-to-equity ratio of 0.05, Elin Electronics maintains a strong balance sheet, suggesting minimal financial risk and ample capacity for future expansion.
Elin's P/E ratio of 32.50 is significantly lower than many industry peers, such as Voltas (72.45) and Blue Star (75.63), potentially offering a value investment opportunity.
The stock has shown positive momentum over the last four trading days, with gains up to 3.38%, and is trading closer to its 52-week high of 239.00, reflecting investor confidence.
The company operates in the "Household Appliances" and "Consumer Durables" sectors, which are expected to grow with rising disposable incomes and urbanization, driving demand for its products.
What can break it.
The company exhibits relatively low profitability, with a Return on Equity (ROE) of 4.38% and Return on Capital Employed (ROCE) of 6.97%, which are below industry averages and many peers.
FII holdings have sharply decreased from 6.21% in Dec 2022 to 0.78% in Sep 2025, and DII holdings also fell from 18.76% to 5.53%, signaling reduced institutional interest.
Public shareholding has risen from 47.71% in Dec 2022 to 60.71% in Sep 2025, which, coupled with declining institutional stakes, could indicate a less stable shareholder base.
The operating profit margin (OPM) stands at a modest 4.79%, suggesting limited pricing power or higher operational costs compared to more efficient industry players.
Elin faces significant competition from larger, more established players like Voltas, Blue Star, and Whirlpool, which possess greater market share, brand recognition, and financial resources.
What would change my mind.
Trim if P/E re-rates above 30 (~0.9× the sector multiple of 33.6). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 3.47. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
Elin Electronics Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Elin Electronics Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Elin Electronics Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Elin Electronics Ltd — derived from the live tape, not yesterday's close.
Elin Electronics Ltd last traded at ₹107.72 with an intraday range of ₹107.21–₹109.44 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹107.72| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 113.50 | +5.78 | +5.36% |
| R3 | 111.27 | +3.55 | +3.29% |
| R2 | 110.35 | +2.63 | +2.44% |
| R1 | 109.04 | +1.32 | +1.22% |
| PIVOT | 108.12 | 0.40 | 0.37% |
| CURRENT | 107.72 | — | — |
| S1 | 102.35 | -5.37 | -4.99% |
| S2 | 104.58 | -3.14 | -2.92% |
| S3 | 105.89 | -1.83 | -1.70% |
| S4 | 106.81 | -0.91 | -0.85% |
ELIN is trading Below CPR, indicating Bearishness
CPR is Average
Day's range: 107.59 ~ 109.16
Trading Inside opening range
Elin Electronics Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Elin Electronics Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Elin Electronics Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Elin Electronics Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Elin Electronics Ltd stood at 49.4% of traded volume, against a 20-day average of 56.1%.
Elin Electronics announcements: results, concalls, ratings, M&A.
Filings Elin Electronics sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Elin Electronics files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 66 documents below.
Disclosure under SEBI Takeover Regulations
Kamal Sethia has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial…
Copy of Newspaper Publication
Elin Electronics Limited has informed the Exchange about Copy of Newspaper Publication
Disruption of Operations
Elin Electronics Limited has informed the Exchange about Disruption of Operations
Investor Presentation
Elin Electronics Limited has informed the Exchange about Investor Presentation
Outcome of Board Meeting
Elin Electronics Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Updates
Investor Presentation
Analysts/Institutional Investor Meet/Con. Call Updates
Elin Electronics insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Elin Electronics as reported to SEBI — buying and selling signals from the people who know the business best.
Elin Electronics insider activity below tracks 21 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| SANJEEV SETHIA | Insider | 30 Mar 2026 | buy | +10.3 K | ₹9.97 L | ₹96.34 |
| SANJEEV SETHIA | Insider | 30 Mar 2026 | buy | +10.3 K | ₹9.97 L | ₹96.34 |
| SANJEEV SETHIA | Insider | 30 Mar 2026 | buy | +10.3 K | ₹9.97 L | ₹96.34 |
| SANJEEV SETHIA | Insider | 30 Mar 2026 | buy | +10.3 K | ₹9.97 L | ₹96.34 |
| SUMIT SETHIA | Insider | 27 Mar 2025 | buy | +31.1 K | ₹36.92 L | ₹118.80 |
| SHWETA SETHIA | Insider | 27 Mar 2025 | buy | +16.6 K | ₹19.69 L | ₹118.64 |
| SUMIT SETHIA | Insider | 26 Mar 2025 | buy | +30.0 K | — | — |
| VASUDHA SETHIA | Insider | 12 Mar 2025 | buy | +5.3 K | ₹6.1 L | ₹115.17 |
| VINAY KUMAR SETHIA | Insider | 12 Mar 2025 | buy | +19.6 K | ₹22.64 L | ₹115.49 |
| ELIN APPLIANCES PVT LTD | Insider | 11 Mar 2025 | sell | −10.0 K | ₹11.61 L | ₹116.08 |
Elin Electronics dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Elin Electronics has declared, sequenced by announce and record date.
Elin Electronics corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Elin Electronics Ltd: business, sector, key facts.
What Elin Electronics Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Elin Electronics Ltd operates in the Industrials, listed as NSE: ELIN, BSE: 543725.
ELIN Electronics Limited is a prominent Indian company specializing in the design and manufacturing of a diverse range of products. Their business model centers around providing comprehensive services, from initial design to final production, for a broad spectrum of clients, including both original equipment manufacturers (OEMs) and original design manufacturers (ODM).
A significant portion of ELIN's business involves the production of electric motors and associated components. This includes manufacturing for various applications, such as home appliances, automotive parts, and even medical diagnostic equipment. Their expertise extends to the creation of tools and molds necessary for efficient and precise manufacturing processes.
The company's product portfolio is extensive and spans numerous consumer categories. In the home appliance sector, ELIN manufactures a wide selection of kitchen appliances like mixer grinders, blenders, toasters, and chimneys. They also produce various personal care items including hair dryers, straighteners, and trimmers. Furthermore, ELIN offers a comprehensive line of lighting products encompassing LED fittings, solar devices, and flashlights.
Beyond finished consumer goods, ELIN also provides crucial components and parts for other manufacturers. This includes plastic and metal molded parts, sheet metal components, and specialized items such as sole plates for irons and stainless steel blades for mixer grinders. This aspect of their business highlights their role as a key supplier within various manufacturing supply chains.
Finally, ELIN's manufacturing capabilities extend to the medical field, where they produce medical diagnostic cartridges. This demonstrates their adaptability and commitment to diversification across a range of sectors. Their long history, dating back to 1969, combined with their extensive product range and commitment to both OEM and ODM clients, positions ELIN as a significant player in India's manufacturing landscape.
Questions investors ask about Elin Electronics Ltd (ELIN).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Elin Electronics Ltd (ELIN)?
The current share price of Elin Electronics Ltd (ELIN) is ₹107.72. Today, the stock has declined by ₹0.04 (0.04%), trading in a range of ₹107.21 to ₹109.44. The stock opened at ₹107.76 with a trading volume of 44,942 shares.
02Is Elin Electronics Ltd stock a good investment for long-term?
Elin Electronics Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹537.85 crores, P/E ratio of 23.25, ROE of 4.14%, and ROCE of 6.97%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Elin Electronics Ltd stock?
The 52-week high price of Elin Electronics Ltd (ELIN) is ₹234, while the 52-week low is ₹93.65. Currently trading at ₹107.72, the stock is 10.0% away from its 52-week low and 54.0% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Elin Electronics Ltd stock at the current price?
Whether to buy Elin Electronics Ltd stock at ₹107.72 depends on multiple factors. The stock is currently trading with a P/E ratio of 23.25 and P/B ratio of 0.92. Today's performance shows a loss of 0.04%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Elin Electronics Ltd and when is the next dividend?
Elin Electronics Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹107.72, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹5.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Elin Electronics Ltd?
Elin Electronics Ltd's key financial metrics include: P/E Ratio: 23.25, P/B Ratio: 0.92, ROE: 4.14%, ROCE: 6.97%, Dividend Yield: 0.00%, EPS: ₹4.64, Book Value: ₹116.7, and Debt-to-Equity: 2.97. The company's market cap stands at ₹537.85 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Elin Electronics Ltd stock performing today in the market?
Elin Electronics Ltd stock opened at ₹107.76 and is currently trading at ₹107.72, showing a decline of ₹0.04 (0.04%). The intraday high is ₹109.44 and low is ₹107.21. The trading volume stands at 44,942 shares, indicating moderate market participation today.
08What is the P/E ratio of Elin Electronics Ltd and what does it indicate?
Elin Electronics Ltd has a Price-to-Earnings (P/E) ratio of 23.25, which means investors are willing to pay ₹23.25 for every ₹1 of earnings. With an EPS of ₹4.64, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Elin Electronics Ltd (ELIN) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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