Elin Electronics
- Market cap
- ₹ 347 Cr.
- P/E
- 20.2x
- P/B
- 0.63x
- 52-week range
- 68.1 – 222.99
- ROE
- 4%
- ROCE
- 7%
- Dividend yield
- 0%
- Debt / equity
- 0.06
- Sector
- Consumer Durables
- Industry
- Household Appliances
- Listed on
- NSE, BSE
About
Elin Electronics Limited is an India-based company that is engaged in the business of electronics manufacturing services (EMS). The Company's capabilities include development and engineering, electronics manufacturing services, motors manufacturing, tools manufacturing, press shop, injection molding, and die casting. Its products include motors, fans, automotive components, appliances, light-emitting diode (LED) lighting, and medical diagnostic cartridges. The Company is a one-stop solution provider of diverse offerings including EMS, design and manufacturing of electric motors, tools/molds/dies, domestic kitchen appliances, personal care products, lighting products, and automotive components. It manufactures fractional horsepower (FHP) motors, catering to diverse products such as mixer grinders, hand blenders, ventilation fans, kitchen chimneys, air conditioners and air cooler (synchronous motors), personal fans, and room heaters.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Household Appliances: 26 companies →Elin Electronics against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)20.2 against a typical 33.3: cheaper than most peers (1st = cheapest).5th of 26
- Sales growth+23.1% against a typical +16.3% from a year earlier.10th of 26
- Profit growth−333.3% against a typical +39.1% from a year earlier.24th of 25
- Share price, 3 months−25.4% against a typical −13.6%.20th of 26
- Size₹ 346.9 Cr. market value against a typical ₹ 3,242.3 Cr. (1st = largest).18th of 23
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A | Stable | 19 Oct 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 19 Oct 2026 | Reaffirmed | Crisil A | — | CRISIL | ₹ 134 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Elin ElectronicsAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 6 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 6 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 10 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 7 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 26 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
| 8 Feb 2025 | Financial Results | To consider and approve the financial results for the period ended December 31, 2024 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 273 | 237 | 278 | 294 | 305 | 266 | 316 | 295 | 375 | 294 | 324 | 363 |
| Expenses | 263 | 228 | 265 | 280 | 293 | 259 | 296 | 278 | 354 | 282 | 318 | 359 |
| Operating Profit | 10 | 8 | 12 | 13 | 11 | 8 | 20 | 18 | 20 | 12 | 6 | 4 |
| OPM % | 3.6% | 3.6% | 4.5% | 4.5% | 3.7% | 2.8% | 6% | 6% | 5% | 4% | 1.8% | 1.1% |
| Other Income | 2 | 2 | 2 | 2 | 3 | 2 | 11 | 3 | 2 | 1 | 1 | −22 |
| Interest | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| Depreciation | 5 | 5 | 7 | 6 | 5 | 6 | 7 | 6 | 6 | 6 | 6 | 7 |
| Profit before tax | 6 | 4 | 5 | 8 | 6 | 2 | 22 | 13 | 14 | 5 | −2 | −28 |
| Tax % | 33% | 30% | 31% | 27% | 26% | 30% | 22% | 26% | 26% | 24% | −56% | −25% |
| Net Profit | 4 | 3 | 4 | 6 | 5 | 1 | 17 | 9 | 10 | 4 | −1 | −21 |
| EPS in Rs | 0.79 | 0.53 | 0.71 | 1.19 | 0.96 | 0.28 | 3.47 | 1.89 | 2.07 | 0.74 | −0.15 | −4.31 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 8%
- 3 Years
- 6%
- TTM
- 15%
- 10 Years
- —
- 5 Years
- −8%
- 3 Years
- −4%
- TTM
- −48%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- −12%
- TTM
- —
- 10 Years
- —
- 5 Years
- 6%
- 3 Years
- 4%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Elin Electronics | ₹ 73.56 | ₹ 347 Cr. | 20.2x | 0.6x | 4% | — |
| Sheela Foam | ₹ 567.10 | ₹ 6,185 Cr. | 53.8x | 2.6x | 5.1% | 3.7% |
| Wakefit Innovations | ₹ 132.15 | ₹ 4,475 Cr. | 21.4x | 3.8x | 23.2% | 12.7% |
| Stanley Lifestyles | ₹ 130.00 | ₹ 745 Cr. | 62x | 1.9x | 2.6% | 3.1% |
| Pil Italica Lifestyle | ₹ 6.73 | ₹ 156 Cr. | 48.7x | 2.5x | 5.5% | 4.2% |
| Dhanashree Electronics | ₹ 102.05 | ₹ 145 Cr. | 90.2x | 2.7x | 6.6% | 3.3% |
Management
- Mangilall Sethia
- Chairman of the Board, Whole-Time Director
- Raj Karan Chhajer
- Chief Financial Officer
- Lata Rani Pawa
- Compliance Officer, Company Secretary
- Kamal Sethia
- Managing Director, Whole Time Director
- Sanjeev Sethia
- Whole-Time Director
- Sumit Sethia
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.