Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Sep
Source: Bse
Elin Electronics Limited (ELIN)
Small CapIndustrials stocks · Small cap · NSE
Elin Electronics Limited operates in Electronics, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result06 Aug, 08:20 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
34Bearishfull bear SMA stack · SMA20 -14.5% / mo · MACD + · near 52W low
Stock trend: 24
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
ELIND candles · FIT view-38.3%Latest close ₹77.48 on 2026-10-19
Bar
-0.4%
RSI
33
MACD hist
0.22
52W pos
2%
2026-10-19O ₹77.79H ₹78.72L ₹76.05C ₹77.48Vol 56,922 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
ELINNifty India ManufacturingNifty 500
- ELIN
- -26.4%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- -20.8 pp
Chart stats
19 Oct 2026- From 52W high
- -65.3%
- 52W range position
- 2%
- ATR (14)
- 4.4%
- Volume vs 20D
- 0.47x
- Avg traded value
- ₹1 Cr
- 20D price channel
- ₹74 - ₹91.6
₹223
₹74 - ₹223
₹3.4
Latest completed session
20-session average
35.0% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED28
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad2
Revenue +23.1% · PAT -333.3% YoY
Technical
Bearish34
Price trend and sector-relative-strength timing.
Valuation
Legacy model-436.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence70
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 2/100PAT -333% YoY · margin compression · Rev +23% YoY · +12% QoQ
Filed 06 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹363 Cr | +23.1% | +12.0% |
| EBITDA | ₹4 Cr | -77.8% | -33.3% |
| Operating margin | 1.1% | -490 bps | -70 bps |
| PAT | ₹-21 Cr | -333.3% | NDF |
| PAT margin | -5.8% | -884 bps | -548 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 22.90
- P/B
- 0.71
- EV/EBITDA
- 6.01
- Market Cap
- 392.00Cr
Profitability
- ROE
- 4.07%
- ROCE
- 6.64%
- ROA
- -1.04%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 8.00%
- EPS 5Y
- -8.00%
- Revenue 3Y
- 6.00%
- EPS 3Y
- -6.00%
Balance Sheet
- Debt/Equity
- 0.03
- Interest Coverage
- 4.67×
- Altman Z
- 4.30
- Book Value
- 112.00
Cash Flow
- FCF Yield
- 5.10%
- FCF Positive Y
- 5/5
- OCF
- 54.00 Cr
- EPS TTM
- -1.65
Shareholding
- Promoter Hold
- 32.97%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 1%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 363+12.0% vs prev
Net Profit
₹ CrLatest: -21.0-2000.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 33. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~16.9% over last month) — short-term momentum negative.
- RSI(14) at 33 — rising, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
3
RS percentile
Stage 4 Downtrend
1M return
-12.5%
3M return
-26.4%
6M return
-35.5%
1Y return
-63.7%
RS 1D
0
RS 20D
-2
Sector rank
#2
Industry rank
-
Stage evidence
- Price is 25.5% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -5.2%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 39.35+0.64%
RS vs Nifty 50039
Valuation & peers
U-Score 28 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 28 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation7/30
Growth3/25
Quality0/20
Balance Sheet10/15
Cash Flow7/10
Piotroski
6/9 (+3)
Penalties
-2
Raw sum
28
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
28/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 5.1%.
- Cash flow contributes 7/10 to the score.
- Balance sheet contributes 10/15 to the score.
Main drags
- Penalty bucket subtracts 2 points.
- Fair-value margin of safety is negative at -436.3%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
22.9
PB
0.7
EV/EBITDA
6.0
ROE
4.1%
ROCE
6.6%
FCF Yield
5.1%
Debt/Equity
0.0
MoS
-436.3%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
28
Previous: 28
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-436.3%
Previous: -436.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
28
28
28
28
28
28
28
28
28
28
28
28
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
4.3
Growth-justified Value
—
-436.3% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
BPL
Small
BPL Limited
Consumer Durables
match 70
9
—
-0.5%
—
OVERVALUED
PGEL
Small
PG Electroplast Limited
Consumer Durables
match 62
30
70.8
6.7%
-112%
OVERVALUED
FOCUS
Small
Focus Lighting and Fixtures Limited
Consumer Durables
match 47
34
64.0
3.6%
-87%
WATCHLIST
SINGERIND
Small
Singer India Limited
Consumer Durables
match 46
27
24.9
7.9%
-157%
OVERVALUED
NIPPOBATRY
Small
Indo-National Limited
Consumer Durables
match 44
25
—
-7.1%
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Elin Electronics Limited operates in Electronics, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
70Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 63rd percentile of the scored universe and 60th percentile within Industrials. Main check: financial discipline is weak at 40/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
54 docs text-extracted · 22 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
63rd percentile
overall median 67 · Industrials: 60th pctile, median 68 · Small: 65th pctile, median 66
Evidence depth
Financial-only
54 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
40
weak · capital discipline
Results
61
acceptable · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 4.2%.
- ▸5 years of positive FCF.
- ▸Debt/equity is 0.03.
Trust risks
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE is low at 6.9%.
- ▸ROE is low at 4.3%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Elin Electronics Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Aug
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Change in Management 25 May - Board approved FY26 audited results, cancelled 2,00,000 ESOPs, and re-designated Kishore Sethia as President on May 25, 2026.
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 26 May
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.