Elin Electronics

₹142.3 -0.1 | 0.1%

WEBSITE BSE:543725 NSE : ELIN 09 Jun, 12:18

Market Cap ₹706 Cr.

Stock P/E 110.4

P/B 1.4

Current Price ₹142.3

Book Value ₹ 99.5

Face Value 5

52W High ₹244.8

Dividend Yield 0.7%

52W Low ₹ 116.7

Edit Ratio

Elin Electronics Research see more...

Elin Electronics Limited

Overview Inc. Year: 1982Industry: Engineering - Industrial Equipments

Elin Electronics Ltd is a company that specializes in the design, development, and manufacturing of electronic products and systems. Based in India, the company offers a wide range of products, including consumer electronics, home appliances, lighting solutions, and power electronics. With a focus on innovation and quality, Elin Electronics aims to provide customers with reliable and affordable products that meet their needs and exceed their expectations. The company's research and development team works tirelessly to develop new technologies and improve existing products, ensuring that Elin Electronics remains at the forefront of the industry. With a commitment to sustainability and social responsibility, Elin Electronics strives to make a positive impact on the environment and the communities in which it operates.

Elin Electronics Share Price

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Elin Electronics Quarterly Results

#(Fig in Cr.)	Dec 2022	Mar 2023
Net Sales	202	269
Other Income	0	2
Total Income	202	271
Total Expenditure	189	260
Operating Profit	13	11
Interest	3	3
Depreciation	4	6
Exceptional Income / Expenses	0	0
Profit Before Tax	6	2
Provision for Tax	1	1
Profit After Tax	5	2
Adjustments	0	-0
Profit After Adjustments	5	2
Adjusted Earnings Per Share	1	0.3

Elin Electronics Profit & Loss

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Net Sales	475	438	494	618	786	862	1094	471
Other Income	1	1	1	1	1	3	1	2
Total Income	476	439	495	618	787	865	1095	473
Total Expenditure	436	403	457	575	730	796	1015	449
Operating Profit	41	37	38	43	56	69	80	24
Interest	9	9	9	11	12	10	13	6
Depreciation	9	11	12	14	20	12	14	10
Exceptional Income / Expenses	0	0	0	0	0	0	0	0
Profit Before Tax	23	16	17	18	24	47	53	8
Provision for Tax	5	4	4	3	6	13	14	2
Profit After Tax	18	13	13	15	19	35	39	7
Adjustments	2	2	2	3	0	0	0	0
Profit After Adjustments	20	14	15	18	19	35	39	7
Adjusted Earnings Per Share	5.2	3.7	4.1	4.7	4.6	8.5	9.6	1.3

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	27%	21%	20%	0%
Operating Profit CAGR	16%	23%	17%	0%
PAT CAGR	11%	38%	25%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	NA%	NA%	NA%	NA%
ROE Average	14%	13%	12%	12%
ROCE Average	17%	16%	15%	15%

Elin Electronics Balance Sheet

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Shareholder's Funds	116	130	145	163	209	262	303
Minority's Interest	0	0	0	0	0	0	0
Borrowings	25	31	32	39	40	37	34
Other Non-Current Liabilities	-0	0	1	0	1	9	10
Total Current Liabilities	89	74	100	123	126	200	185
Total Liabilities	229	235	278	325	376	508	533
Fixed Assets	66	79	84	99	134	161	188
Other Non-Current Assets	27	26	41	47	17	21	23
Total Current Assets	136	130	153	179	225	326	322
Total Assets	229	235	278	325	376	508	533

Elin Electronics Cash Flow

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Opening Cash & Cash Equivalents	3	3	2	11	3	9	5
Cash Flow from Operating Activities	17	36	44	15	83	-34	57
Cash Flow from Investing Activities	-27	-23	-30	-27	-43	-5	-28
Cash Flow from Financing Activities	10	-14	-5	3	-33	34	-30
Net Cash Inflow / Outflow	0	-1	9	-8	6	-4	-1
Closing Cash & Cash Equivalent	3	2	11	2	9	5	4

Elin Electronics Ratios

#	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Earnings Per Share (Rs)	5.25	3.72	4.06	4.68	4.55	8.53	9.59
CEPS(Rs)	7.03	6.28	6.73	7.62	9.51	11.43	13.11
DPS(Rs)	0	0	0	0	0	0	0
Book NAV/Share(Rs)	30.63	34.35	38.41	43.09	51.13	64.22	74.22
Core EBITDA Margin(%)	7.51	7.26	7.45	6.87	7.05	7.71	7.22
EBIT Margin(%)	6.08	5.2	5.15	4.72	4.6	6.63	6
Pre Tax Margin(%)	4.32	3.36	3.4	2.95	3.11	5.51	4.83
PAT Margin (%)	3.37	2.57	2.59	2.39	2.37	4.04	3.58
Cash Profit Margin (%)	5.05	4.86	5.01	4.65	4.95	5.41	4.89
ROA(%)	7.72	5.4	5.12	4.89	5.3	7.88	7.53
ROE(%)	15.31	10.21	9.56	9.59	10.01	14.8	13.86
ROCE(%)	17.29	13.67	13.3	13.06	13.94	17.46	16.78
Receivable days	55.54	58.96	57.78	55.86	45.82	57.89	60.07
Inventory Days	30.55	31.93	33.87	34.84	33.72	41.24	39.16
Payable days	37.33	44.05	52.57	54.77	46.42	50.46	45.6
PER(x)	0	0	0	0	0	0	0
Price/Book(x)	0	0	0	0	0	0	0
Dividend Yield(%)	0	0	0	0	0	0	0
EV/Net Sales(x)	0.15	0.14	0.12	0.13	0.08	0.13	0.11
EV/Core EBITDA(x)	1.78	1.67	1.49	1.87	1.18	1.67	1.47
Net Sales Growth(%)	0	-7.79	12.83	24.95	27.18	9.78	26.83
EBIT Growth(%)	0	-20.66	2.9	11.58	23.99	58.31	14.71
PAT Growth(%)	0	-29.29	4.82	12.41	26.02	87.57	12.4
EPS Growth(%)	0	-29.13	9.22	15.3	-2.82	87.57	12.41
Debt/Equity(x)	0.6	0.44	0.42	0.47	0.34	0.43	0.34
Current Ratio(x)	1.53	1.75	1.52	1.45	1.78	1.63	1.74
Quick Ratio(x)	1.04	1.19	1	0.92	1.15	1.05	1.09
Interest Cover(x)	3.45	2.83	2.94	2.67	3.1	5.91	5.16
Total Debt/Mcap(x)	0	0	0	0	0	0	0

Elin Electronics Shareholding Pattern

#	Sep 2014	Sep 2015	Sep 2016	Sep 2017	Aug 2018	Sep 2019	Dec 2022	Mar 2023
Promoter	27.93	42.68	42.68	43.43	44.49	44.49	32.93	32.97
FII	0	0	0	0	0	0	6.21	2.76
DII	0	0	0	0	0	0	13.15	18.76
Public	72.07	57.32	57.32	56.57	55.51	55.51	47.71	45.51
Others	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100

#	Sep 2014	Sep 2015	Sep 2016	Sep 2017	Aug 2018	Sep 2019	Dec 2022	Mar 2023
Promoter	0.18	0.27	0.27	0.27	0.28	0.28	1.64	1.64
FII	0	0	0	0	0	0	0.31	0.14
DII	0	0	0	0	0	0	0.65	0.93
Public	0.45	0.36	0.36	0.36	0.35	0.35	2.37	2.26
Others	0	0	0	0	0	0	0	0
Total	0.63	0.63	0.63	0.63	0.63	0.63	4.97	4.97

Pros

Company has delivered good profit growth of 24% CAGR over last 5 years
Debtor days have improved from 50.46 to 45.6days.
Company has reduced debt.
Company is almost debt free.

Cons

Promoter holding is low: 32.97%.
Company has a low return on equity of 13% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.