MarketFriction

Elnet Technologies Ltd

BSE 517477 · IT Enabled Services
₹298.00 -1.62%
BSE close2026-10-01
Market cap₹119 Cr.
P/E5.93

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6.766.785.895.896.035.885.236.096.256.456.166.74
Expenses2.052.082.102.241.972.002.092.312.102.101.842.26
Operating Profit4.714.703.793.654.063.883.143.784.154.354.324.48
OPM %69.67%69.32%64.35%61.97%67.33%65.99%60.04%62.07%66.40%67.44%70.13%66.47%
Other Income2.142.202.362.302.442.483.002.632.852.613.092.78
Interest0.150.170.180.120.120.110.110.110.140.210.220.24
Depreciation0.420.420.370.370.370.440.430.420.450.460.200.44
Profit before tax6.286.315.605.466.015.815.605.886.416.296.996.58
Tax %24.20%24.56%27.68%25.82%26.12%25.82%15.54%14.46%21.53%20.03%28.04%23.40%
Net Profit4.764.764.054.054.454.324.735.025.025.035.025.03
EPS in Rs11.9011.9010.1210.1211.1210.8011.8212.5512.5512.5812.5512.58
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales222322212421222526232526
Expenses10101110106699888
Operating Profit121312111416161618151717
OPM %54%57%53%54%60%73%71%64%67%64%67%68%
Other Income234455568101111
Interest000111011011
Depreciation433344332222
Profit before tax101212121516171924232626
Tax %34%35%27%28%26%26%26%27%26%23%21%
Net Profit68981112131417182020
EPS in Rs16.1219.5822.5021.0227.1229.9831.5234.2243.7243.8850.2250.26
Dividend Payout %11%7%7%7%4%5%6%6%4%4%4%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth1%3%0%10%
Compounded Profit Growth12%11%14%9%
Stock Price CAGR13%12%3%-18%
Return on Equity13%12%12%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital444444444444
Reserves43495564718193106119135152172
Borrowings444444444444
Other Liabilities151615161516151417161416
Total Liabilities6774788895105116128144159175196
Fixed Assets383723232627242322222323
CWIP000010000000
Investments377883344444
Other Assets26304857617588101118133148168
Total Assets6774788895105116128144159175196
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity13-8257-2232-2514-62534
Cash from Investing Activity-1-310-24-928-3534-15666-47
Cash from Financing Activity-00-1-1-1-1-0-1-1-1-1-1
Net Cash Flow-0-01-0-35-38-2310-14
Free Cash Flow-10-922-0-2631-2612-63332
CFO/OP9%56%-31%239%91%-122%233%-136%104%-324%69%243%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days313037393629533436353110
Inventory Days
Days Payable
Cash Conversion Cycle313037393629533436353110
Working Capital Days4519-192-212-80-83-14-145-61-71-137-70
ROCE %17%18%20%19%16%18%18%16%16%18%15%15%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters52.85%52.85%52.85%52.85%52.85%52.85%52.85%52.85%52.85%52.85%52.85%52.85%
Government0.17%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public46.98%47.15%47.15%47.15%47.16%47.16%47.14%47.16%47.17%47.15%47.15%47.15%
No. of Shareholders4,8625,6165,5895,5685,6425,3615,3155,2485,0905,3154,8544,738

Fundamentals

Market Cap₹ 119 Cr.
Current Price₹ 298
Stock P/E5.93
Book Value₹ 439
ROCE15.4 %
ROE12.1 %
Dividend Yield0.67 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)10%
Compounded Profit Growth (TTM)9%
Standalone figures.
Valuation
Market capRs 119 Cr
Enterprise valueRs 33 Cr
P/E (TTM)5.93x
Price to book0.68x
Price to sales4.66x
EV / EBITDA1.16x
EV / EBIT1.23x
EV / sales1.30x
Price to cash flow3.51x
Earnings yield16.86%
Dividend yield0.67%
P/E, 3-year average7.26x
P/B, 3-year average0.85x
P/E, 5-year average6.31x
P/B, 5-year average0.73x
Profitability
Operating margin (excl. other income)66.52%
Operating margin (incl. other income)111.35%
EBITDA margin111.84%
Pre-tax margin102.62%
Net profit margin78.52%
Net margin, latest quarter74.63%
ROE12.11%
ROCE15.41%
ROA10.84%
ROE, 3-year average12.44%
ROCE, 3-year average16.22%
ROA, 3-year average10.96%
ROE, 5-year average12.26%
ROCE, 5-year average16.18%
ROA, 5-year average10.65%
ROIC (approx.)23.76%
Tax rate21.33%
Other income / net worth6.37%
Growth
Sales growth (latest year)8.29%
Profit growth (latest year)14.47%
Sales CAGR, 3 years0.45%
Sales CAGR, 5 years3.15%
Profit CAGR, 3 years13.64%
Profit CAGR, 5 years10.87%
Sales growth QoQ9.42%
Profit growth QoQ0.20%
Sales growth YoY (latest quarter)10.67%
Profit growth YoY (latest quarter)0.20%
Per share
EPS (TTM)Rs 50.25
EPS (latest year)Rs 50.22
EPS (latest quarter)Rs 12.57
EPS, 3-year averageRs 45.94
EPS, 5-year averageRs 40.71
Book value per shareRs 438.95
Sales per shareRs 64.00
Cash flow per shareRs 84.90
Free cash flow per shareRs 80.00
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 1.87
Dividend per share, 5-year averageRs 1.92
Dividends
Dividend payout3.98%
Dividend payout, 3-year average4.07%
Dividend payout, 5-year average4.88%
Efficiency
Asset turnover0.13x
Fixed asset turnover1.08x
Debtor days10 days
Debtors turnover35.13x
Cash conversion cycle10 days
Working capital days-70 days
Leverage
Total debtRs 4 Cr
Cash and bankRs 90 Cr
Net debtRs -86 Cr
Debt to equity0.02x
Net debt / EBITDA-3.00x
Interest coverage33.43x
Owners' fund to total sources89.76%
Debt to assets2.18%
Cash flow
Cash from Operating Activity (latest year)Rs 34 Cr
Cash from Investing Activity (latest year)Rs -47 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -14 Cr
Free cash flow (latest year)Rs 32 Cr
FCFE (approx.: FCF + change in debt)Rs 32 Cr
Cash from ops / profit, 5 years-0.41x
Sales to cash flow0.73x
Statement figures
Net sales (TTM)Rs 26 Cr
Net sales (latest year)Rs 25 Cr
Sales (latest quarter)Rs 7 Cr
Operating profit excl. other income (latest year)Rs 17 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 11 Cr
EBITDA (TTM)Rs 29 Cr
PBDT (TTM)Rs 28 Cr
Profit before tax (TTM)Rs 26 Cr
Tax (latest year)Rs 5 Cr
Net profit (TTM)Rs 20 Cr
Net profit (latest year)Rs 20 Cr
Net profit (latest quarter)Rs 5 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 4 Cr
Total expenditure (latest year)Rs 8 Cr
Total income (latest year)Rs 36 Cr
Share capitalRs 4 Cr
ReservesRs 172 Cr
Shareholders' fundsRs 176 Cr
Total assetsRs 196 Cr
Net blockRs 23 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 4 Cr
ReceivablesRs 1 Cr
Other liabilitiesRs 16 Cr
Shares outstanding (crore)0.40
Ownership
Promoter holding52.85% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 5.9 is at the 49th percentile of its own 9.4-year range (median 6.0, low 3.3, high 11.1).
P/B 0.68 is at the 41th percentile (median 0.70).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period517477Nifty 50Difference
1 week-2.9%-2.8% -0.1 pts
1 month-4.2%-6.8% +2.6 pts
3 months-11.3%-7.6% -3.7 pts
3 years+9.2%+14.2% -5.0 pts
5 years+73.0%+27.9% +45.1 pts

Red flags

F-score 7 of 8
explainWeak cash conversion Cash from operations was -42% of net profit over the last 3 years
lookProfit leans on other income Other income was 44% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹7 Cr +10.7% vs Jun 2025. Net profit ₹5 Cr +0.2%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Elnet Technologies Ltd?

Elnet Technologies Ltd (517477) has a market capitalisation of Rs 119 Cr. at the 2026-10-01 close.

What is the P/E ratio of Elnet Technologies Ltd?

Elnet Technologies Ltd trades at a P/E of 5.93 on trailing twelve-month profit, at the 2026-10-01 close.

What were Elnet Technologies Ltd's latest quarterly results?

In the Jun 2026 quarter, Elnet Technologies Ltd sales was Rs 7 Cr (+10.7% vs Jun 2025) and net profit was Rs 5 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03