1. India Stocks

  2. •

    Electronic technology

  3. •

    Electronic production equipment
Elin Electronics Limited

Elin Electronics Limited

69.61
INR
-2.33
(-3.24%)
-1.69EPS
5.08BMarket Cap
Nov 17Next Earn
Elin Electronics Limited
NSE:ELIN
(National Stock Exchange of India)

Recent

price

69.61

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
2026
TTM
INR
188.6
206.35
261.07
246.21
212.22
240.11
258.49
273.07
Revenue per Share
6.73
8.53
9.59
6.29
2.89
6.11
4.64
-1.69
Basic EPS, GAAP
10.82
-13.24
3.6
2.33
2.01
-4.96
-1.18
- -
Free Cash Flow per Basic Share
- -
- -
- -
0.96
1
- -
- -
- -
Dividend per Share
45.86
52.81
61.04
99.3
101.31
107.57
111.95
- -
Book Value per Share
45.84
52.68
60.96
99.07
101.19
107.53
111.95
- -
Tangible Book Value per Share
41
41
41
43
48
48
49
49
Basic Weighted Avg Shares
7,702
8,427
10,662
10,495
10,170
11,518
12,591
13,252
Sales/Revenue/Turnover
6.62
6.52
6.07
4.43
1.95
2.41
2.53
1.23
Operating Margin (%)
94
118
144
186
218
246
244
257
Depreciation Expense
275
349
392
268
139
293
226
-82
Net Income, GAAP
21.7
26.6
25.9
24.93
29.51
23.87
23.8
- -
Effective Tax Rate (%)
3.57
4.14
3.67
2.55
1.36
2.55
1.79
-0.62
Profit Margin (%)
1,026
1,255
1,368
2,716
2,690
2,899
2,790
- -
Working Capital
403
373
342
401
5
5
5
- -
LT Debt
2,278
2,623
3,031
4,931
5,031
5,342
5,565
- -
Total Equity
- -
11.82
12.19
7.16
2.42
4.08
4.11
- -
Return on Invested Capital (%)
- -
12.37
12.34
7.44
3.56
6.51
5.05
- -
Return on Capital (%)
- -
14.23
13.86
6.73
2.79
5.65
4.14
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
160
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
5
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
50
50
50
Market Capitalization
8,207
4,703
5,079

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
4,725
- -
Cash, Cash Equivalents & STI
- -
861
- -
Accounts Receivable, Net
- -
2,066
- -
Inventories
- -
1,604
- -
Total Current Liabilities
- -
1,934
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
160
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
18.13%
4.18%
Free Cash Flow
- -
-117.29%
-75.82%
Net Income, GAAP
- -
4.19%
-22.96%
Sales/Revenue/Turnover
- -
8.89%
9.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,859
2,965
2,601
3,094
11,518
2026
2,888
3,664
2,873
3,167
12,591
2027
3,548
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.24
1
0.29
3.59
6.11
2026
1.93
2.11
0.75
-0.16
4.64
2027
-4.39
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
Elin Electronics Limited (ELIN.NS) manufactures and sells electronic and mechanical sub-assemblies and products for consumer appliances and white goods. The company offers core products and services including room air conditioner indoor and outdoor units, washing machine rollouts and panels, microwave ovens, refrigerator compressors and linear sights, air conditioner PCBAs, small domestic appliances such as vacuum cleaners and mixer grinders, and PCB assembly services; it also provides original equipment manufacturer (OEM) and original design manufacturer (ODM) solutions for major appliance brands. Elin Electronics operates primarily in India with manufacturing facilities in Manesar, Baddi, and Noida, targeting the consumer durables sector and serving leading global and domestic appliance manufacturers as customers. Founded in 2003 and headquartered in Gurugram, India, the company has expanded its business segments to include electronics manufacturing services (EMS) for home appliances, with a focus on contract manufacturing in the fast-growing Indian consumer electronics market. Geographically, its operations are concentrated in India, supporting the "Make in India" initiative through localized production capabilities. In recent developments, Elin Electronics completed a Rs 1.04 billion initial public offering (IPO) in December 2023, marking its listing on the National Stock Exchange and Bombay Stock Exchange, which strengthened its balance sheet for capacity expansion. The company acquired a manufacturing facility in Pune in fiscal 2024 to enhance production of washing machine components and small appliances, boosting its capacity by over 20%. Additionally, in 2025, Elin Electronics formed a strategic partnership with a leading global compressor manufacturer to co-develop energy-efficient components for inverter air conditioners, aligning with India's push for sustainable appliances.