Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Newspaper Advertisement regarding Notice of 63rd Annual General Meeting (''AGM'') and Information of Book Closure and Remote E-voting.
Source: Bse
Elpro International Limited (ELPROINTL)
Small CapReal Estate stocks · Small cap · NSE
Elpro International Limited operates in the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals06 Oct 2026 · screener
Latest result14 Aug, 06:48 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 22.2 (n=72)
Technical timing lens
Trend score and candlestick chart
44NeutralMACD − · near 52W high · sector -6.4pp vs Nifty 500 (3M)
Stock trend: 44
Sector RS: 44
Sector 3M: -12.0% vs Nifty 500 -5.6%
Real Estate FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
ELPROINTLD candles · FIT view+66.1%Latest close ₹170.26 on 2026-10-19
Daily history is available from 2026-04-20; the requested 1Y window is partially covered.
Bar
+0.1%
RSI
38
MACD hist
-0.21
52W pos
89%
2026-10-19O ₹170.17H ₹173.98L ₹166.00C ₹170.26Vol 4,931 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
ELPROINTLNifty RealtyNifty 500
- ELPROINTL
- -2.6%
- Nifty 500
- -5.6%
- Nifty Realty
- -11.0%
- Vs Nifty 500
- +2.9 pp
Chart stats
19 Oct 2026- From 52W high
- -5.9%
- 52W range position
- 89%
- ATR (14)
- 1.9%
- Volume vs 20D
- 0.65x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹165.1 - ₹176
₹180.9
₹86 - ₹180.9
₹3.3
Latest completed session
20-session average
11.9% 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 weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST41
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent90
Revenue +39.0% · PAT +56.8% YoY
Technical
Neutral44
Price trend and sector-relative-strength timing.
Valuation
Legacy model+32.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence52
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
Excellent · 90/100Rev +39% YoY · PAT +57% YoY · margin expansion · operating leverage
Filed 14 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹139 Cr | +39.0% | -24.9% |
| EBITDA | ₹118 Cr | +66.2% | +266.2% |
| Operating margin | 85.0% | +1400 bps | +12300 bps |
| PAT | ₹116 Cr | +56.8% | NDF |
| PAT margin | 83.5% | +945 bps | +13318 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
- 1.46
- EV/EBITDA
- 18.95
- Market Cap
- 2960.00Cr
Profitability
- ROE
- 4.35%
- ROCE
- 6.61%
- ROA
- 3.57%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 53.00%
- EPS 5Y
- 35.00%
- Revenue 3Y
- 62.00%
- EPS 3Y
- 34.00%
Balance Sheet
- Debt/Equity
- 0.75
- Interest Coverage
- 1.83×
- Altman Z
- 2.00
- Book Value
- 120.00
Cash Flow
- FCF Yield
- 1.69%
- FCF Positive Y
- 5/5
- OCF
- 69.00 Cr
- EPS TTM
- 7.61
Shareholding
- Promoter Hold
- 75.00%
- Promoter Pledge
- 77.30%
- Momentum 52W
- 93%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 528+35.4% vs prev
Net Profit
₹ CrLatest: 87.0+31.8% vs prev
Return on Equity
%Latest: 512+31.8% vs prev
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
Bearish setupTrend is weak — long-term trend unclear. RSI 38.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 38 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 6% off 52W high · 98% above 52W low.
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
86
RS percentile
Insufficient history
1M return
-1.3%
3M return
-2.6%
6M return
+61.6%
1Y return
-
RS 1D
-1
RS 20D
-
Sector rank
#18
Industry rank
#71
Stage evidence
- At least 170 daily sessions are required for the trend-stage read.
50-DMA
price below
200-DMA
unavailable
Sector
lagging
Industry
lagging
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
127 observations
19 Oct 2026Value 172.32-0.07%
RS vs Nifty 500172
Valuation & peers
U-Score 41 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 41 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation8/30
Growth21/25
Quality0/20
Balance Sheet3/15
Cash Flow5/10
Piotroski
7/9 (+5)
Penalties
-1
Raw sum
41
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
41/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 7/9.
- Fair-value margin of safety is positive at 32.8%.
- Growth contributes 21/25 to the score.
Main drags
- Promoter pledge is 77.3%.
- Penalty bucket subtracts 1 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Real estate valuation: NAV, pre-sales, debt, and inventory quality
Real estate valuation depends more on project economics and balance sheet than simple PE.
Primary lens
NAV and market cap versus project pipeline and pre-sales.
Secondary checks
Inventory age, net debt, collections, execution record.
Main risk check
Book value can overstate value if inventory is slow or debt is high.
PE
22.9
PB
1.5
EV/EBITDA
18.9
ROE
4.3%
ROCE
6.6%
FCF Yield
1.7%
Debt/Equity
0.8
MoS
+32.8%
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: 21 Oct 2026
v4.3-runtime-valuation
Final score
41
Previous: 41
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+32.8%
Previous: +32.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
41
41
41
41
41
41
41
41
41
41
41
41
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
₹143.34
-18.8% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹253.41
+32.8% MoS
PEG
0.66
Comparable companies
Peers
Business-comparable peers in Real Estate — 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
GKWLIMITED
Small
GKW Limited
Real Estate
match 160
29
—
-0.1%
—
OVERVALUED
NATIONSTD
Small
National Standard (India) Limited
Real Estate
match 158
31
20.1
3.5%
-71%
OVERVALUED
MERCANTILE
Small
Mercantile Ventures Limited
Real Estate
match 157
23
39.0
2.0%
-937%
OVERVALUED
NILASPACES
Small
Nila Spaces Limited
Real Estate
match 157
70
13.8
16.9%
+58%
UNDERVALUED
NIRLON
Small
Nirlon Limited
Real Estate
match 157
72
15.5
83.8%
+53%
UNDERVALUED
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
Elpro International Limited operates in the Real Estate 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
52Limited 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 10th percentile of the scored universe and 22nd percentile within Real Estate. Main check: results consistency is weak at 31/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
10 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
10th percentile
overall median 67 · Real Estate: 22nd pctile, median 61 · Small: 12th pctile, median 66
Evidence depth
Financial-only
10 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
Needs extra due diligence; demand valuation comfort and recent improvement.
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
43
weak · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
51
watch · leverage and solvency
Discipline
48
watch · capital discipline
Results
31
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 75%.
- ▸FCF yield is positive at 1.7%.
- ▸5 years of positive FCF.
Trust risks
- ▸Promoters have pledged 77.3% of holding.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸Interest coverage is 1.8x.
- ▸ROCE is low at 6.6%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Elpro International Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementAug 2026
Aug 2026 · Submission Of Post Offer Public Announcement ("Post Offer PA") For Success Of The Delisting Offer Of Equity Shares Of Elpro International Limited ("Target Company") From BSE Limited In Terms Of SEBI (Delisting Of Equity Shares) Regulations, 2021. 12 Aug - Post Offer PA dated August 11, 2026: Elpro International delisting offer successful; promoters crossed 90% shareholding.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 21 Aug - Elpro Realty acquired 100% of Quest Academy Limited for ₹186.12 crore cash.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 3 Jul - Elpro acquired 3,47,585 Greaves Cotton shares for Rs 7.85 crore, raising holding to 8,09,160 shares.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Acquisition 2 Jun - Elpro International acquired 92,000 Jana Small Finance Bank shares for INR 4.48 crore on June 2, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 25 Jun - Elpro International bought 2,30,360 Greaves Cotton shares for ₹5 crore, raising holding to 4,61,575 shares.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 24 Jun - Elpro International acquired 2,31,215 Greaves Cotton shares for ₹5 crore cash.
Source: Bse
Announcement
Compliances-Reg.24(A)-Annual Secretarial Compliance 14 May - Elpro International filed FY2026 annual secretarial compliance report; no non-compliances reported.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 12 May - Public Notice under Regulations 47 and 30 of the SEBI (LODR) Regulations, 2015, as amended.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.