Elnet Technologies Ltd
Incorporated in 1990, Elnet Technologies Ltd develops and maintains an integrated software technology park and infra structure for Business Process Outsourcing Industries[1]
- Market Cap ₹ 133 Cr.
- Current Price ₹ 333
- High / Low ₹ 411 / 285
- Stock P/E 6.63
- Book Value ₹ 439
- Dividend Yield 0.57 %
- ROCE 15.4 %
- ROE 12.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.76 times its book value
Cons
- The company has delivered a poor sales growth of 3.15% over past five years.
- Company has a low return on equity of 12.4% over last 3 years.
- Earnings include an other income of Rs.11.2 Cr.
- Dividend payout has been low at 2.74% 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
Information Technology Information Technology IT - Services IT Enabled Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21 | 22 | 23 | 22 | 21 | 24 | 21 | 22 | 25 | 26 | 23 | 25 | |
| 10 | 10 | 10 | 11 | 10 | 10 | 6 | 6 | 9 | 9 | 8 | 8 | |
| Operating Profit | 12 | 12 | 13 | 12 | 11 | 14 | 16 | 16 | 16 | 18 | 15 | 17 |
| OPM % | 54% | 54% | 57% | 53% | 54% | 60% | 73% | 71% | 64% | 67% | 64% | 67% |
| 2 | 2 | 3 | 4 | 4 | 5 | 5 | 5 | 6 | 8 | 10 | 11 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 1 |
| Depreciation | 5 | 4 | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 2 | 2 | 2 |
| Profit before tax | 8 | 10 | 12 | 12 | 12 | 15 | 16 | 17 | 19 | 24 | 23 | 26 |
| Tax % | 34% | 34% | 35% | 27% | 28% | 26% | 26% | 26% | 27% | 26% | 23% | 21% |
| 6 | 6 | 8 | 9 | 8 | 11 | 12 | 13 | 14 | 17 | 18 | 20 | |
| EPS in Rs | 14.08 | 16.12 | 19.58 | 22.50 | 21.02 | 27.12 | 29.98 | 31.52 | 34.22 | 43.72 | 43.88 | 50.22 |
| Dividend Payout % | 10% | 11% | 7% | 7% | 7% | 4% | 5% | 6% | 6% | 4% | 4% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 3% |
| 3 Years: | 0% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 14% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 14% |
| 3 Years: | 23% |
| 1 Year: | -2% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 12% |
| 3 Years: | 12% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 43 | 49 | 55 | 64 | 71 | 81 | 93 | 106 | 119 | 135 | 152 | 172 |
| 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |
| 15 | 16 | 15 | 16 | 15 | 16 | 15 | 14 | 17 | 16 | 14 | 16 | |
| Total Liabilities | 67 | 74 | 78 | 88 | 95 | 105 | 116 | 128 | 144 | 159 | 175 | 196 |
| 38 | 37 | 23 | 23 | 26 | 27 | 24 | 23 | 22 | 22 | 23 | 23 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 7 | 7 | 8 | 8 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
| 26 | 30 | 48 | 57 | 61 | 75 | 88 | 101 | 118 | 133 | 148 | 168 | |
| Total Assets | 67 | 74 | 78 | 88 | 95 | 105 | 116 | 128 | 144 | 159 | 175 | 196 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | -8 | 25 | 7 | -22 | 32 | -25 | 14 | -62 | 5 | 34 | |
| -1 | -3 | 10 | -24 | -9 | 28 | -35 | 34 | -15 | 66 | 6 | -47 | |
| -0 | 0 | -1 | -1 | -1 | -1 | -0 | -1 | -1 | -1 | -1 | -1 | |
| Net Cash Flow | -0 | -0 | 1 | -0 | -3 | 5 | -3 | 8 | -2 | 3 | 10 | -14 |
| Free Cash Flow | -1 | 0 | -9 | 22 | -0 | -26 | 31 | -26 | 12 | -63 | 3 | 32 |
| CFO/OP | 9% | 56% | -31% | 239% | 91% | -122% | 233% | -136% | 104% | -324% | 69% | 243% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 31 | 30 | 37 | 39 | 36 | 29 | 53 | 34 | 36 | 35 | 31 | 10 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 31 | 30 | 37 | 39 | 36 | 29 | 53 | 34 | 36 | 35 | 31 | 10 |
| Working Capital Days | 45 | 19 | -192 | -212 | -80 | -83 | -14 | -145 | -61 | -71 | -137 | -71 |
| ROCE % | 17% | 18% | 20% | 19% | 16% | 18% | 18% | 16% | 16% | 18% | 15% | 15% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2023 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Permanent Employees on Roll Number |
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| Occupancy Rate % |
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| Wind Power Generation Units |
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Extracted by Screener AI
Documents
Announcements
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Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirement) Regulations 2015 ('Listing Regulations') - Reconstitution Of Committees Of Board
3 Jun - Board reconstituted Audit, NRC and Stakeholders committees on 03-06-2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Filed FY26 secretarial compliance report; past LODR fines on audit committee, board composition and voting results were paid.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 May - Copies of newspaper advertisement of audited financials for quarter and Financial year ended 31.03.2026 of Elnet Technologies Limited published in English and Tamil newspapers.
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Intimation Of Re-Appointment Of Internal Auditor For Financial Year 2026-27.
14 May - Board reappointed M/s. Ajay Kumar & Associates as Internal Auditor for FY 2026-27 on May 14, 2026.
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Comments Of Board On Non-Compliance Of Regulation 44(3) Of The SEBI (LODR) Regulations, 2015.
14 May - BSE levied ₹11,800 fine for delayed EGM voting-results XBRL filing under Regulation 44(3).
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
ETL is an ISO 9001 : 2008 certified company with a Quality Management System. It provides professionally managed infrastructural facilities to IT and ITES industry