Elantas Beck India Ltd

Elantas Beck India Ltd

₹ 7,804 -2.25%
09 Mar - close price
About

ELANTAS Beck India Limited is engaged in manufacturing a wide range of specialty chemicals in the electrical insulation and construction industries. It is a part of ALTANA, an international specialty chemicals group. [1]

Key Points

Business Segments
**Electrical Insulation Business **
It caters to Magnet Wire manufacturers, whose end customer base spans the Home Appliances, Transformers, automotive, and Industrial Segments. Secondary Insulation products like Varnishes find application in Rotating Machines used in Home Appliances, Automotive Components, Industrial Motors, etc. [1]

  • Market Cap 6,187 Cr.
  • Current Price 7,804
  • High / Low 14,250 / 7,600
  • Stock P/E 41.9
  • Book Value 1,272
  • Dividend Yield 0.10 %
  • ROCE 21.2 %
  • ROE 15.8 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 19.1% CAGR over last 5 years

Cons

  • Working capital days have increased from 133 days to 311 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
165 169 173 163 174 177 191 184 197 206 210 217 215
136 134 138 126 138 139 153 150 162 166 170 169 170
Operating Profit 29 36 35 37 36 38 39 33 35 40 40 47 45
OPM % 17% 21% 20% 23% 20% 21% 20% 18% 18% 20% 19% 22% 21%
10 8 15 12 17 15 17 12 10 9 18 7 14
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 3 3 3 3 3 3 3 4 5 5 5 6 6
Profit before tax 35 40 47 47 49 49 52 42 40 44 53 49 53
Tax % 25% 26% 25% 25% 25% 25% 20% 25% 26% 26% 26% 25% 25%
26 30 35 35 37 37 42 31 30 33 39 36 39
EPS in Rs 33.40 37.91 44.68 43.93 46.67 46.56 52.79 39.19 37.51 41.46 49.56 45.74 49.66
Raw PDF

Profit & Loss

Figures in Rs. Crores

Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025
341 344 365 383 409 394 383 522 645 680 749 848
299 282 287 304 344 340 313 444 535 537 604 676
Operating Profit 42 62 79 78 65 54 70 78 110 143 144 172
OPM % 12% 18% 22% 20% 16% 14% 18% 15% 17% 21% 19% 20%
8 6 8 9 31 18 22 25 32 53 55 48
Interest 0 0 0 0 0 0 0 0 1 1 1 1
Depreciation 5 6 5 6 7 7 12 12 12 12 15 21
Profit before tax 45 62 81 81 89 64 80 91 129 184 183 199
Tax % 30% 32% 33% 32% 26% 22% 23% 27% 24% 25% 24% 26%
32 42 54 55 66 50 62 67 98 137 140 148
EPS in Rs 39.87 52.68 68.73 69.48 82.99 62.51 77.90 84.36 123.34 173.19 176.04 186.41
Dividend Payout % 11% 9% 7% 6% 5% 8% 6% 6% 4% 3% 4% 4%
Compounded Sales Growth
10 Years: 9%
5 Years: 17%
3 Years: 10%
TTM: 13%
Compounded Profit Growth
10 Years: 13%
5 Years: 19%
3 Years: 18%
TTM: 6%
Stock Price CAGR
10 Years: 20%
5 Years: 16%
3 Years: 16%
1 Year: -22%
Return on Equity
10 Years: 17%
5 Years: 17%
3 Years: 18%
Last Year: 16%

Balance Sheet

Figures in Rs. Crores

Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025
Equity Capital 8 8 8 8 8 8 8 8 8 8 8 8
Reserves 128 164 214 270 331 376 434 497 591 724 859 1,000
0 0 0 0 0 0 0 0 0 0 0 0
57 64 70 70 76 72 95 114 119 149 148 158
Total Liabilities 192 236 291 348 415 456 536 618 717 881 1,015 1,166
45 45 36 40 70 110 103 98 98 99 223 240
CWIP 1 0 5 15 0 10 18 19 13 17 19 8
Investments 30 64 109 139 174 160 218 261 356 517 379 592
116 126 140 154 171 176 198 240 250 247 395 326
Total Assets 192 236 291 348 415 456 536 618 717 881 1,015 1,166

Cash Flows

Figures in Rs. Crores

Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025
31 46 56 51 33 48 79 29 83 133 63 127
19 -42 -51 -45 -32 -40 -69 -33 -76 -132 78 -194
-51 -4 -5 -5 -4 -5 -4 -4 -5 -5 -5 -6
Net Cash Flow -2 0 0 2 -3 4 6 -8 2 -3 136 -74

Ratios

Figures in Rs. Crores

Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025
Debtor Days 53 59 53 70 75 57 67 61 58 55 62 60
Inventory Days 84 85 100 75 74 77 89 95 73 68 78 68
Days Payable 55 64 73 73 71 56 103 86 67 81 76 58
Cash Conversion Cycle 82 80 80 71 78 77 54 70 64 41 64 70
Working Capital Days 58 55 55 62 69 59 46 57 48 33 56 311
ROCE % 35% 40% 41% 33% 23% 18% 19% 17% 22% 28% 23% 21%

Insights

In beta
Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Number of Permanent Employees
Count

Log in to view insights

Please log in to see hidden values.

Login
Sales Volume
Metric Tonnes (MT)
Total R&D Expenditure
₹ Lakhs
New Solution Launches
Number
R&D Expenditure (Percentage of Turnover)
%

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.80% 0.74% 0.73% 0.71% 0.70% 0.67% 0.67% 0.67% 0.51% 0.04% 0.04% 0.04%
11.44% 11.50% 11.73% 11.80% 11.88% 11.91% 11.88% 11.71% 11.71% 12.17% 12.17% 12.21%
12.75% 12.76% 12.54% 12.49% 12.42% 12.43% 12.44% 12.63% 12.78% 12.79% 12.79% 12.75%
No. of Shareholders 7,2837,4757,5787,5267,5417,7868,6678,7148,6078,7548,8929,062

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents