Elpro International Ltd
Elpro International Limited is engaged in manufacturing surge arresters, construction and development of real estate properties, equity investment in third parties and windmill operations. [1]
- Market Cap ₹ 1,479 Cr.
- Current Price ₹ 87.2
- High / Low ₹ 116 / 69.1
- Stock P/E 7.92
- Book Value ₹ 119
- Dividend Yield 0.79 %
- ROCE 5.24 %
- ROE 3.14 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.74 times its book value
- Company's median sales growth is 18.5% of last 10 years
Cons
- Company has a low return on equity of 3.82% over last 3 years.
- Dividend payout has been low at 12.7% of profits over last 3 years
* 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.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Part of BSE Allcap BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28 | 37 | 45 | 51 | 58 | 41 | 110 | 63 | 72 | 123 | 229 | 390 | 413 | |
| 18 | 21 | 30 | 29 | 23 | 36 | 78 | 33 | 46 | 78 | 149 | 309 | 152 | |
| Operating Profit | 10 | 16 | 15 | 23 | 34 | 6 | 31 | 30 | 27 | 45 | 80 | 81 | 260 |
| OPM % | 36% | 43% | 33% | 44% | 60% | 14% | 29% | 48% | 37% | 37% | 35% | 21% | 63% |
| 0 | 0 | 0 | 14 | 19 | 137 | 14 | 16 | 1,273 | 30 | 58 | 71 | 79 | |
| Interest | 14 | 18 | 19 | 30 | 34 | 25 | 27 | 25 | 23 | 5 | 25 | 67 | 100 |
| Depreciation | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 4 | 5 | 5 | 5 | 10 | 14 |
| Profit before tax | -4 | -2 | -4 | 6 | 19 | 116 | 16 | 18 | 1,272 | 66 | 107 | 74 | 226 |
| Tax % | -0% | -3% | -2% | -2% | 0% | 14% | 15% | -12% | 17% | 27% | 20% | 11% | |
| -4 | -2 | -4 | 6 | 18 | 100 | 14 | 20 | 1,057 | 48 | 85 | 66 | 187 | |
| EPS in Rs | -0.25 | -0.13 | -0.22 | 0.35 | 1.09 | 5.90 | 0.82 | 1.16 | 62.35 | 2.83 | 5.04 | 3.90 | 11.01 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 8% | 12% | 18% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 29% |
| 3 Years: | 75% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 40% |
| 5 Years: | 33% |
| 3 Years: | -10% |
| TTM: | 126% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 17% |
| 3 Years: | 14% |
| 1 Year: | 21% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 4% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 14 | 14 | 14 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 169 | 167 | 154 | -13 | -20 | 123 | 118 | 154 | 1,215 | 1,247 | 1,590 | 2,019 | 2,007 |
| 114 | 130 | 155 | 205 | 264 | 165 | 230 | 220 | 56 | 128 | 365 | 1,010 | 1,037 | |
| 103 | 105 | 107 | 64 | 59 | 126 | 75 | 67 | 92 | 122 | 154 | 355 | 408 | |
| Total Liabilities | 391 | 406 | 429 | 270 | 316 | 430 | 441 | 459 | 1,380 | 1,513 | 2,127 | 3,401 | 3,469 |
| 9 | 9 | 9 | 103 | 136 | 176 | 199 | 196 | 193 | 418 | 456 | 711 | 798 | |
| CWIP | 73 | 85 | 105 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 58 |
| Investments | 269 | 269 | 269 | 133 | 151 | 160 | 174 | 193 | 1,077 | 1,012 | 1,578 | 2,539 | 2,423 |
| 40 | 43 | 47 | 34 | 29 | 94 | 68 | 70 | 110 | 83 | 93 | 145 | 191 | |
| Total Assets | 391 | 406 | 429 | 270 | 316 | 430 | 441 | 459 | 1,380 | 1,513 | 2,127 | 3,401 | 3,469 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13 | 9 | 20 | 31 | 57 | -76 | 25 | 16 | -162 | -136 | 58 | 219 | |
| -17 | -16 | -22 | -12 | -68 | 100 | -82 | 20 | 387 | 34 | -260 | -767 | |
| 2 | 6 | 7 | -23 | 12 | -24 | 57 | -33 | -185 | 60 | 202 | 548 | |
| Net Cash Flow | -2 | -1 | 5 | -4 | 2 | -1 | 0 | 3 | 40 | -42 | 1 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 37 | 59 | 39 | 30 | 16 | 26 | 12 | 70 | 62 | 54 | 11 | 6 |
| Inventory Days | 4,320 | 3,310 | 661 | 5,976 | 32 | 4 | 1 | |||||
| Days Payable | 721 | 734 | 1,313 | 2,065 | 778 | 78 | 15 | |||||
| Cash Conversion Cycle | 3,636 | 2,635 | 39 | 30 | -636 | 3,937 | 12 | 70 | 62 | -692 | -63 | -7 |
| Working Capital Days | -1,635 | -1,345 | -1,427 | -1,173 | -1,200 | -891 | -152 | -246 | -308 | -409 | -301 | -592 |
| ROCE % | 3% | 5% | 5% | 13% | 22% | 8% | 13% | 11% | 14% | 4% | 7% | 5% |
Insights
In beta| Jun 2017 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2025 | |
|---|---|---|---|---|---|
| Permanent Employee Strength Number ・Standalone data |
|
||||
| Leasable Area - Elpro International School Sq ft ・Standalone data |
|||||
| Occupancy Rate - One Elpro Business Park % ・Standalone data |
|||||
| Total Leasable Area - Elpro City Square Mall Sq ft ・Standalone data |
|||||
| Total Leasable Area - One Elpro Business Park Sq ft ・Standalone data |
|||||
| Market Value of Investment Portfolio INR Crore ・Standalone data |
|||||
| Occupancy Rate - Elpro City Square Mall % ・Standalone data |
|||||
| Wind Energy Generation KwH ・Standalone data |
|||||
Documents
Announcements
-
Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015.
14 Mar - GST search/inspection at company sites on March 13, 2026; concluded same day, no material impact reported.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Mar - Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.
-
Announcement under Regulation 30 (LODR)-Acquisition
27 Feb - Elpro acquired Mynd Solutions for INR 11.37 Crore (1,66,442 shares), announced 27 Feb 2026.
-
Announcement under Regulation 30 (LODR)-Acquisition
23 Feb - Acquired 3,23,758 shares of Aptus for INR 7.89 Crore (investment purpose).
- Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended December 31, 2025. 12 Feb
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
Nov 2017TranscriptAI SummaryPPT
Business Segments
1ELPROPARK - It is part of an integrated development comprising a residential complex, school, mall, and daycare.
Elpro City Square - Is Pune’s latest entertainment and lifestyle destination offering the finest in retail and fashion.
Elpro - It brings a complete range of Dynamic and High-performance Surge suppression products for the complete spectrum of High & Low voltage [1]