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Elin Electronics Ltd

Elin Electronics

Small Cap2,376 EmployeesIPO 2022
Current Price
118.69
1.02 (0.87%)Updated
Valuation vs Sector
P/E Ratio
14.69vs 35.38
P/B Ratio
1.08vs 8.78
Div Yield
0.69%vs 1.68%
Today's Range
116.23
118.69
indicator
120.06
52 Week Range
52W Low110.05
52W High234.00
118.69
indicator
Downside7.85%
Upside97.15%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

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Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
691.26 Cr
Market Cap
Total market value of company
P/E Ratio
17.96
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
1.81
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
7.91
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
5.06%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
6.97%
ROCE
Return on Capital Employed. >15% is good
Net Margin
3.06%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
-25.87%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
8.48%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
0.65%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
58.60%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
0.05
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
109.68
Book Value
Net asset value per share
Dividend Yield
0.69%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
33.00%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

4 points
  • 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.

Weaknesses

4 points
  • 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.

Opportunities

3 points
  • 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.
  • Given its lower P/E ratio compared to many peers, Elin could strategically expand its market presence through competitive pricing or product innovation to capture a larger share.

Threats

4 points
  • 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.
  • Dependency on raw materials for manufacturing electronic components exposes the company to risks from price fluctuations, which could impact its already modest operating profit margins.

Segment-wise Financial Analysis

Fetching Financials...
Fetching Balance Sheet...
Fetching Cash Flow...

Shareholding Pattern

Loading shareholding data...

Company Insider Trading Activity

Recent Insider Transactions

Insider NameTransaction DateFiling DateTotal SharesChangePriceAction
Kamal Sethia & Sons (HUF)
19 Feb 202520 Feb 2025-
1.83 L
-SELL
KAMAL SETHIA
19 Feb 202520 Feb 202544.77 L
1.83 L
-BUY
PRERNA SETHIA
27 Feb 202528 Feb 20251,135
100
₹117.16BUY
VASUDHA SETHIA
12 Mar 202512 Mar 20258.29 L
5,300
₹115.17BUY
VINAY KUMAR SETHIA
12 Mar 202512 Mar 20255.88 L
19,600
₹115.49BUY
ELIN APPLIANCES PVT LTD
11 Mar 202512 Mar 20259.55 L
10,000
₹116.08SELL
AKASH SETHIA
10 Mar 202512 Mar 20252.61 L
1.50 L
₹118.28BUY
KAMAL SETHIA
10 Mar 202512 Mar 202545.77 L
1.00 L
₹117.13BUY
SANJEEV SETHIA
10 Mar 202512 Mar 202510.41 L
1.00 L
₹117BUY
GAURAV SETHIA
10 Mar 202512 Mar 202522.31 L
80,000
₹119.9BUY
VASUDHA SETHIA
10 Mar 202512 Mar 20258.24 L
80,000
₹117.06BUY
VINAY KUMAR SETHIA
10 Mar 202512 Mar 20255.68 L
1.00 L
₹117BUY
ELIN APPLIANCES PVT LTD
10 Mar 202512 Mar 20259.65 L
7.69 L
₹118.29SELL
ALOK SETHIA HUF
10 Mar 202512 Mar 20251.98 L
1.80 L
₹121BUY
SUMIT SETHIA
26 Mar 202527 Mar 20256.25 L
29,993
-BUY
SUMIT SETHIA
27 Mar 202528 Mar 20256.56 L
31,077
₹118.8BUY
SHWETA SETHIA
27 Mar 202528 Mar 202593,995
16,596
₹118.64BUY

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R4128.08+₹9.39+7.91%
R3124.25+₹5.56+4.69%
R2122.16+₹3.47+2.92%
R1120.42+₹1.73+1.46%
PIVOT118.33-0.36-0.31%
CURRENT118.69--
S1108.93-₹9.76-8.22%
S2112.76-₹5.93-4.99%
S3114.50-₹4.19-3.53%
S4116.59-₹2.10-1.77%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
2.62L
(13 Mar 2026)
+76.0% vs avg
Delivery %
69.8%
(13 Mar 2026)
+4.5% vs avg
Avg Volume (20D)
1.49L
(13 Feb - 13 Mar)
20-day average
Avg Delivery %
65.3%
(13 Feb - 13 Mar)
Trend ↑
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
Kaynes Technology India Ltd
26,489.75 ₹ Cr
Best Profit Growth
Avalon Technologies Ltd
715.00 %
Highest Dividend Yield
Avalon Technologies Ltd
0.00 %

Peer Comparison

Company Name
AVALON
Avalon Technologies Ltd
CYIENTDLM
Cyient DLM Ltd
KAYNES
Kaynes Technology India Ltd
WEL
Wonder Electricals Ltd

About

ELIN

Elin Electronics Ltd

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.

COMPANY FACTS - ELIN

Registered Address

4771, Bharatram Road, 23, Daryaganj,

New Delhi

DELHI

IN

Tel: 911143000400

Website:https://www.elinindia.com/

Company Details

Group: Technology Hardware & Equipment

Sector: Information Technology

Industry: Electronic Equipment, Instruments & Components

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 2,376

IPO Date: 30/12/2022

MANAGEMENT - ELIN

Shri. Mangilall Sethia

Chairman of the Board, Wholetime Director

Mr. Praveen Tandon

Chief Executive Officer

Mr. Raj Chhajer

Chief Financial Officer

Ms. Lata Pawa

Compliance Officer, Company Secretary

Shri. Kamal Sethia

Managing Director

Shri. Sanjeev Sethia

Whole-Time Director

Mr. Sumit Sethia

Whole-Time Director

Shri. Kamal Baid

Non-Executive Independent Director

Smt. Shilpa Baid

Non-Executive Independent Director

Mr. Ashis Guha

Non-Executive Independent Director

Ms. Priyanka Jain

Additional Non-Executive Independent Director

Shri. Shantilal Sarnot

Non-Executive Independent Director

Investor Questions Answered

Elin Electronics Ltd (ELIN) Stock FAQs

Get answers to the most common questions about Elin Electronics Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Elin Electronics Ltd (ELIN) is ₹118.69. Today, the stock has gained by ₹1.02 (0.87%), trading in a range of ₹116.23 to ₹120.06. The stock opened at ₹117.14 with a trading volume of 2,62,137 shares.
Elin Electronics Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹691.26 crores, P/E ratio of 17.96, ROE of 5.06%, and ROCE of 6.97%. The dividend yield stands at 0.69%. 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.
The 52-week high price of Elin Electronics Ltd (ELIN) is ₹234, while the 52-week low is ₹110.05. Currently trading at ₹118.69, the stock is 7.0% away from its 52-week low and 49.3% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Elin Electronics Ltd stock at ₹118.69 depends on multiple factors. The stock is currently trading with a P/E ratio of 17.96 and P/B ratio of N/A. Today's performance shows a gain of 0.87%. 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.
Elin Electronics Ltd offers a dividend yield of 0.69%, which means for every ₹100 invested at the current price of ₹118.69, you can expect to receive approximately ₹0.69 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.
Elin Electronics Ltd's key financial metrics include: P/E Ratio: 17.96, P/B Ratio: N/A, ROE: 5.06%, ROCE: 6.97%, Dividend Yield: 0.69%, EPS: ₹7.91, Book Value: ₹109.68, Debt-to-Equity: 0.05, and Current Ratio: N/A. The company's market cap stands at ₹691.26 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Elin Electronics Ltd stock opened at ₹117.14 and is currently trading at ₹118.69, showing a gain of ₹1.02 (0.87%). The intraday high is ₹120.06 and low is ₹116.23. The trading volume stands at 2,62,137 shares, indicating moderate market participation today.
Elin Electronics Ltd has a Price-to-Earnings (P/E) ratio of 17.96, which means investors are willing to pay ₹17.96 for every ₹1 of earnings. With an EPS of ₹7.91, 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.
Elin Electronics Ltd has a market capitalization of ₹691.26 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹118.69) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Elin Electronics Ltd has a book value of ₹109.68 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹118.69, which is 8.2% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Elin Electronics Ltd has a Return on Equity (ROE) of 5.06% and Return on Capital Employed (ROCE) of 6.97%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Elin Electronics Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Elin Electronics Ltd has a debt-to-equity ratio of 0.05, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Elin Electronics Ltd has an Earnings Per Share (EPS) of ₹7.91, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹118.69 and P/E ratio of 17.96, investors are paying 17.96 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.
Elin Electronics Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Elin Electronics Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Elin Electronics Ltd stock, consider: 1) Fundamental Analysis - Review P/E (17.96), ROE (5.06%), debt-to-equity (0.05), and growth rates. 2) Technical Analysis - Check 52-week range (₹110.05 - ₹234.00), moving averages, and chart patterns. 3) Valuation - Compare current price (₹118.69) with book value (₹109.68) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Elin Electronics Ltd share is ₹5.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹118.69 is 2274x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Elin Electronics Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹110.05 - ₹234.00). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.05 indicates leverage. 4) Liquidity Risk - Based on trading volume of 2,62,137 shares. 5) Valuation Risk - P/E of 17.96 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Elin Electronics Ltd operates in the industry with key metrics: P/E ratio of 17.96, ROE of 5.06%, market cap of ₹691.26 crores, and dividend yield of 0.69%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.05), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Elin Electronics Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹118.69, with a 52-week range of ₹110.05 to ₹234.00. Based on fundamentals like P/E (17.96), ROE (5.06%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Elin Electronics Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹118.69. 2) Fundamental Deterioration - Declining ROE (currently 5.06%), increasing debt (D/E: 0.05), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Elin Electronics Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.69%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.