1. India Stocks

  2. •

    Finance

  3. •

    Real estate development
Elnet Technologies Limited

Elnet Technologies Limited

BBSE:ELNET
298.00
INR
+4.95
(+1.69%)
50.26EPS
6.69P/E
1.34BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
53.9
53.69
55.21
44.85
44.12
43.46
48.82
47.33
48.15
50.65
53.14
46
49.58
64.01
Basic EPS, GAAP
14.6
14.07
16.12
19.59
22.5
21.03
27.12
29.97
31.53
34.24
43.73
43.88
50.23
50.26
Free Cash Flow per Basic Share
13.76
-3.48
0.24
-22.27
55.03
-0.03
-65.54
76.67
-65.75
30.29
-158.32
6.63
79.65
- -
Dividend per Share
1.64
1.67
1.74
1.7
1.4
1.5
1.5
1.2
1.42
2
2
1.7
1.9
- -
Book Value per Share
107.48
118.43
130.24
147.81
169.4
188.03
213.36
242.12
274.35
306.58
348.4
390.63
438.95
- -
Tangible Book Value per Share
107.47
118.43
130.24
147.81
169.4
188.03
213.36
242.12
274.35
306.58
348.4
390.63
438.95
- -
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
4
4
4
4
4
Sales/Revenue/Turnover
216
215
221
179
176
174
195
189
193
203
213
184
198
256
Operating Margin (%)
35.59
30.97
35.35
54
50.35
45.75
53.55
63.3
63.85
65.23
74.87
71.37
75.86
61.42
Depreciation Expense
35
49
42
33
28
33
39
35
34
26
16
16
15
16
Net Income, GAAP
58
56
64
78
90
84
108
120
126
137
175
176
201
201
Effective Tax Rate (%)
32.46
33.6
34.21
35.03
27.02
27.88
26.05
26.49
25.52
26.68
25.68
23.35
21.35
23.41
Profit Margin (%)
27.08
26.2
29.19
43.67
50.99
48.38
55.56
63.31
65.5
67.59
82.29
95.39
101.31
78.52
Working Capital
131
213
119
51
273
391
200
568
277
308
1,064
1,168
854
- -
LT Debt
43
43
43
43
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
430
474
521
591
678
752
853
969
1,097
1,226
1,394
1,563
1,756
- -
Return on Invested Capital (%)
11.66
8.93
9.07
9.76
9.26
7.54
9.15
9.24
8.55
8.12
8.76
6.62
6.96
- -
Return on Capital (%)
13.08
11.39
11.48
12.42
13.09
11.77
13.59
13.12
12.07
11.76
13.29
11.77
12.12
- -
Return on Common Equity (%)
14.45
12.45
12.96
14.09
14.18
11.77
13.51
13.16
12.21
11.79
13.35
11.88
12.11
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
43
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
1,429
1,195
1,344

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
969
- -
Cash, Cash Equivalents & STI
- -
900
- -
Accounts Receivable, Net
- -
7
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
116
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
43
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.92%
12.64%
12.37%
Free Cash Flow
24,185.35%
8.56%
1,101.43%
Net Income, GAAP
12.57%
11.27%
14.47%
Sales/Revenue/Turnover
-0.64%
1.24%
7.79%
Total Cash Common Dividend
- -
- -
11.76%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
59
60
59
52
184
2026
61
62
65
62
198
2027
67
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
10.13
11.12
10.8
11.84
43.88
2026
12.55
12.56
12.57
12.56
50.23
2027
12.57
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.7
2026
- -
- -
- -
- -
1.9
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Unnamalai Thiagarajan
Full Time Employees
10
Sector
Finance
Industry
Real estate development
Address
Elnet Software City Chennai TN India 600113
IPO Date
Jul 14, 1994
Website
elnettechnologies.com
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Business
Elnet Technologies Limited (ELNET.BO) develops and maintains integrated software technology parks and infrastructure facilities for business process outsourcing industries in India. The company offers comprehensive infrastructure services to software development and data processing firms, including 100% diesel generator backup power, 900 TR split packaged air conditioning systems, 12 x 120 KVA uninterrupted power supply systems in parallel redundant mode, fire protection systems with hydrants and smoke detectors, elevators, peripheral security, and point-to-point microwave links to major telecom providers such as Tata VSNL, STPI, Reliance, Airtel, and BSNL; these facilities support high-occupancy operations housing approximately 2,500 employees and contributing significantly to software exports from Tamil Nadu. Elnet operates primarily from its Elnet Software City complex in Chennai, targeting IT/ITES companies with lease agreements typically spanning 3-5 years, featuring 5% annual rent escalations and lock-in periods of 1-5 years. Founded in 1990 and headquartered at TS-140, Blocks 2 & 9, CPT Road, Taramani, Chennai, Tamil Nadu 600113, India, the company maintains a presence limited to this single-location IT park with healthy occupancy levels and comfortable liquidity supported by substantial cash reserves in fixed deposits. Elnet Technologies functions in the real estate management and development sector, specifically as an operator and lessor of specialized IT infrastructure, with no significant subsidiaries or parent relationships noted. In recent developments, the company appointed D. Srinivas Rao as Chief Financial Officer effective November 14, 2024, and underwent board reconstitutions including the addition of independent directors and committee changes in September 2024 and March 2025. It scheduled its 34th Annual General Meeting for September 9, 2025, with book closure from September 2-9, 2025, and a record date of September 1, 2025, for dividend approval alongside adoption of FY2024-25 financials. While maintaining a low-debt capital structure at 0.03x gearing and adequate liquidity with no immediate expansion plans, Elnet continues to monitor medium-term project opportunities without recent acquisitions, funding rounds, or major strategic shifts reported.