MarketFriction

Elantas Beck India Ltd

NSE ELANTAS · BSE 500123 · Specialty Chemicals
₹13,474.00 -2.64%
NSE close2026-10-01
52 week range8,900.00 - 15,150.00
Market cap₹10,820 Cr.
P/E60.9
Price band 20% Delivery 49.2%

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
Sales163174177191184197206210217215222283
Expenses126138139153150162166170169170179202
Operating Profit373638393335404047454382
OPM %23%20%21%20%18%18%20%19%22%21%20%29%
Other Income121715171210918714319
Interest000000000000
Depreciation333345556666
Profit before tax474949524240445349534095
Tax %25%25%25%20%25%26%26%26%25%25%23%25%
Net Profit353737423130333936393171
EPS in Rs43.9346.6746.5652.7939.1937.5141.4649.5645.7449.6639.2089.38
Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025TTM
Sales344365383409394383522645680749848937
Expenses282287304344340313444535537604676720
Operating Profit62797865547078110143144172217
OPM %18%22%20%16%14%18%15%17%21%19%20%23%
Other Income689311822253253554843
Interest000000011111
Depreciation6567712121212152123
Profit before tax62818189648091129184183199237
Tax %32%33%32%26%22%23%27%24%25%24%26%
Net Profit4254556650626798137140148178
EPS in Rs52.6868.7369.4882.9962.5177.9084.36123.34173.19176.04186.41223.98
Dividend Payout %9%7%6%5%8%6%6%4%3%4%4%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth9%17%10%18%
Compounded Profit Growth13%19%18%34%
Stock Price CAGR24%29%21%39%
Return on Equity17%17%18%16%
Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025Jun 2026
Equity Capital888888888888
Reserves1642142703313764344975917248591,0001,096
Borrowings000000000000
Other Liabilities647070767295114119149148158212
Total Liabilities2362913484154565366187178811,0151,1661,316
Fixed Assets45364070110103989899223240273
CWIP05150101819131719814
Investments64109139174160218261356517379592642
Other Assets126140154171176198240250247395326387
Total Assets2362913484154565366187178811,0151,1661,316
Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Cash from Operating Activity31465651334879298313363127
Cash from Investing Activity19-42-51-45-32-40-69-33-76-13278-194
Cash from Financing Activity-51-4-5-5-4-5-4-4-5-5-5-6
Net Cash Flow-2002-346-82-3136-74
Free Cash Flow274051311036633786121-8296
CFO/OP107%107%104%96%80%118%136%60%103%120%71%97%
Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Debtor Days535953707557676158556260
Inventory Days8485100757477899573687871
Days Payable5564737371561038667817661
Cash Conversion Cycle828080717877547064416470
Working Capital Days585555626959465748335656
ROCE %35%40%41%33%23%18%19%17%22%28%23%21%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs0.73%0.71%0.70%0.67%0.67%0.67%0.51%0.04%0.04%0.04%0.04%0.05%
DIIs11.73%11.80%11.88%11.91%11.88%11.71%11.71%12.17%12.17%12.21%12.25%12.28%
Public12.54%12.49%12.42%12.43%12.44%12.63%12.78%12.79%12.79%12.75%12.71%12.67%
No. of Shareholders7,5787,5267,5417,7868,6678,7148,6078,7548,8929,0629,3079,155

Fundamentals

Market Cap₹ 10,820 Cr.
Current Price₹ 13,649
Stock P/E60.9
Book Value₹ 1,393
ROCE21.2 %
ROE15.7 %
Dividend Yield0.05 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)18%
Compounded Profit Growth (TTM)34%
Standalone figures.
Valuation
Market capRs 10,682 Cr
Enterprise valueRs 10,613 Cr
P/E (TTM)60.16x
Price to book10.59x
Price to sales11.40x
EV / EBITDA40.74x
EV / EBIT44.72x
EV / sales11.32x
Price to cash flow84.04x
Earnings yield1.66%
Dividend yield0.06%
P/E, 3-year average57.66x
P/B, 3-year average9.47x
P/E, 5-year average50.36x
P/B, 5-year average7.99x
Profitability
Operating margin (excl. other income)20.31%
Operating margin (incl. other income)25.99%
EBITDA margin27.79%
Pre-tax margin25.25%
Net profit margin18.94%
Net margin, latest quarter25.00%
ROE15.76%
ROCE21.23%
ROA13.55%
ROE, 3-year average17.95%
ROCE, 3-year average23.98%
ROA, 3-year average15.15%
ROE, 5-year average17.14%
ROCE, 5-year average22.97%
ROA, 5-year average14.33%
ROIC (approx.)18.81%
Tax rate25.57%
Other income / net worth4.77%
Growth
Sales growth (latest year)13.27%
Profit growth (latest year)5.89%
Sales CAGR, 3 years9.56%
Sales CAGR, 5 years17.22%
Profit CAGR, 3 years14.76%
Profit CAGR, 5 years19.06%
Sales growth QoQ27.56%
Profit growth QoQ127.99%
Sales growth YoY (latest quarter)34.99%
Profit growth YoY (latest quarter)80.35%
Per share
EPS (TTM)Rs 223.99
EPS (latest year)Rs 186.41
EPS (latest quarter)Rs 89.38
EPS, 3-year averageRs 178.55
EPS, 5-year averageRs 148.67
Book value per shareRs 1,271.76
Sales per shareRs 1,182.33
Cash flow per shareRs 160.34
Free cash flow per shareRs 121.09
Dividend per share (latest year)Rs 7.51
Dividend per share, 3-year averageRs 6.67
Dividend per share, 5-year averageRs 6.00
Dividends
Dividend payout4.03%
Dividend payout, 3-year average3.72%
Dividend payout, 5-year average4.23%
Efficiency
Asset turnover0.73x
Fixed asset turnover3.54x
Inventory turnover5.69x
Inventory days64 days
Debtor days60 days
Debtors turnover6.05x
Creditor days61 days
Cash conversion cycle70 days
Working capital days56 days
Leverage
Cash and bankRs 69 Cr
Net debtRs -69 Cr
Net debt / EBITDA-0.27x
Interest coverage395.50x
Owners' fund to total sources86.44%
Cash flow
Cash from Operating Activity (latest year)Rs 127 Cr
Cash from Investing Activity (latest year)Rs -194 Cr
Cash from Financing Activity (latest year)Rs -6 Cr
Net Cash Flow (latest year)Rs -74 Cr
Free cash flow (latest year)Rs 96 Cr
Cash from ops / profit, 5 years0.74x
Sales to cash flow6.67x
Statement figures
Net sales (TTM)Rs 937 Cr
Net sales (latest year)Rs 848 Cr
Sales (latest quarter)Rs 283 Cr
Operating profit excl. other income (latest year)Rs 172 Cr
Operating profit (latest quarter)Rs 82 Cr
Other income (TTM)Rs 43 Cr
EBITDA (TTM)Rs 260 Cr
PBDT (TTM)Rs 260 Cr
Profit before tax (TTM)Rs 237 Cr
Tax (latest year)Rs 51 Cr
Net profit (TTM)Rs 178 Cr
Net profit (latest year)Rs 148 Cr
Net profit (latest quarter)Rs 71 Cr
Depreciation (TTM)Rs 23 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 552 Cr
Total expenditure (latest year)Rs 676 Cr
Total income (latest year)Rs 896 Cr
Share capitalRs 8 Cr
ReservesRs 1,000 Cr
Shareholders' fundsRs 1,008 Cr
Total assetsRs 1,166 Cr
Net blockRs 240 Cr
Capital work in progressRs 8 Cr
InvestmentsRs 592 Cr
ReceivablesRs 140 Cr
InventoryRs 97 Cr
Other liabilitiesRs 158 Cr
Shares outstanding (crore)0.79
Ownership
Promoter holding75.00% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 60.2 is at the 82th percentile of its own 9.7-year range (median 45.3, low 24.9, high 75.3).
P/B 10.59 is at the 85th percentile (median 6.80).
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.
PeriodELANTASNifty 50Difference
1 week-2.7%-2.8% +0.1 pts
1 month+19.3%-6.8% +26.1 pts
3 months+33.8%-7.6% +41.4 pts
3 years+75.2%+14.2% +61.1 pts
5 years+258.7%+27.9% +230.8 pts
6 mutual fund schemes hold about ₹1,151 Cr. Over three months 1 bought more and 5 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Nippon India Small Cap Fund0.95%786 -22%
Tata Small Cap Fund1.85%243 -23%
Tata Large & Mid Cap Fund1.42%109 -17%
Bajaj Finserv Small Cap Fund0.43%11 +100%
Bajaj Finserv Equity Savings Fund1.68%1 -25%
Motilal Oswal BSE 1000 Index Fund0.01%0 -18%

Red flags

F-score 5 of 8
No red flags in the latest statements and filings.
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 ₹283 Cr +34.8% vs Jun 2025. Net profit ₹71 Cr +82.1%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-05-05Dividend - Rs. 7.50 Per Share
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 Elantas Beck India Ltd?

Elantas Beck India Ltd (ELANTAS) has a market capitalisation of Rs 10,820 Cr. at the 2026-10-01 close.

What is the P/E ratio of Elantas Beck India Ltd?

Elantas Beck India Ltd trades at a P/E of 60.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Elantas Beck India Ltd's latest quarterly results?

In the Jun 2026 quarter, Elantas Beck India Ltd sales was Rs 283 Cr (+34.8% vs Jun 2025) and net profit was Rs 71 Cr.

What is the 52-week high and low of Elantas Beck India Ltd?

The 52-week high is Rs 15,150.00 and the 52-week low is Rs 8,900.00.

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