Elnet Technologies Ltd

Elnet Technologies Ltd

₹ 354 1.14%
23 Apr 11:56 a.m.
About

Incorporated in 1990, Elnet Technologies Ltd develops and maintains an integrated software technology park and infra structure for Business Process Outsourcing Industries[1]

Key Points

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

  • Market Cap 142 Cr.
  • Current Price 354
  • High / Low 399 / 171
  • Stock P/E 8.72
  • Book Value 326
  • Dividend Yield 0.55 %
  • ROCE 16.0 %
  • ROE 11.7 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 1.05 times its book value

Cons

  • The company has delivered a poor sales growth of 2.07% over past five years.
  • Company has a low return on equity of 12.3% over last 3 years.
  • Earnings include an other income of Rs.7.59 Cr.
  • Dividend payout has been low at 5.62% 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

Sector: Realty Industry: Construction

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
5.23 5.30 5.56 5.43 5.44 5.65 5.82 5.90 6.42 6.46 6.72 6.76 6.78
1.58 1.34 1.34 1.29 1.48 2.26 1.84 1.74 2.24 3.00 2.35 2.05 2.08
Operating Profit 3.65 3.96 4.22 4.14 3.96 3.39 3.98 4.16 4.18 3.46 4.37 4.71 4.70
OPM % 69.79% 74.72% 75.90% 76.24% 72.79% 60.00% 68.38% 70.51% 65.11% 53.56% 65.03% 69.67% 69.32%
1.41 1.21 1.29 1.28 1.30 1.27 1.40 1.47 1.56 1.67 1.58 2.14 2.20
Interest 0.19 0.15 0.13 0.13 0.13 0.11 0.14 0.14 0.30 0.06 0.16 0.15 0.17
Depreciation 0.87 0.83 0.88 0.89 0.85 0.80 0.76 0.69 0.61 0.50 0.44 0.42 0.42
Profit before tax 4.00 4.19 4.50 4.40 4.28 3.75 4.48 4.80 4.83 4.57 5.35 6.28 6.31
Tax % 25.50% 27.68% 24.00% 24.55% 21.96% 32.27% 23.66% 13.96% 30.43% 38.95% 26.73% 24.20% 24.56%
2.98 3.03 3.42 3.32 3.33 2.54 3.42 4.13 3.37 2.79 3.93 4.76 4.76
EPS in Rs 7.45 7.58 8.55 8.30 8.32 6.35 8.55 10.32 8.42 6.98 9.82 11.90 11.90
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
17 21 22 21 22 23 22 21 24 21 22 25 27
8 10 10 10 10 10 11 10 10 6 6 9 9
Operating Profit 9 11 11 12 12 13 12 11 14 16 16 16 17
OPM % 52% 51% 52% 54% 54% 57% 53% 54% 60% 73% 71% 64% 65%
1 1 1 2 2 3 4 4 5 5 5 6 8
Interest 0 0 0 0 0 0 0 1 1 1 0 1 1
Depreciation 3 3 3 5 4 3 3 3 4 4 3 3 2
Profit before tax 6 8 9 8 10 12 12 12 15 16 17 19 23
Tax % 34% 33% 32% 34% 34% 35% 27% 28% 26% 26% 26% 27%
4 5 6 6 6 8 9 8 11 12 13 14 16
EPS in Rs 10.52 13.48 14.60 14.08 16.12 19.58 22.50 21.02 27.12 29.98 31.52 34.22 40.60
Dividend Payout % 11% 10% 10% 10% 11% 7% 7% 7% 4% 5% 6% 6%
Compounded Sales Growth
10 Years: 2%
5 Years: 2%
3 Years: 1%
TTM: 12%
Compounded Profit Growth
10 Years: 10%
5 Years: 9%
3 Years: 8%
TTM: 21%
Stock Price CAGR
10 Years: 23%
5 Years: 30%
3 Years: 44%
1 Year: 101%
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 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4 4 4 4 4 4 4 4 4 4 4 4 4
Reserves 29 34 39 43 49 55 64 71 81 93 106 119 126
4 4 4 4 4 4 4 4 4 4 4 4 4
14 15 16 15 16 15 16 15 16 15 14 17 17
Total Liabilities 52 57 63 67 74 78 88 95 105 116 128 144 152
37 42 41 38 37 23 23 26 27 24 23 22 22
CWIP 0 0 0 0 0 0 0 1 0 0 0 0 0
Investments 3 3 3 3 7 7 8 8 3 3 4 4 4
11 12 19 26 30 48 57 61 75 88 101 118 126
Total Assets 52 57 63 67 74 78 88 95 105 116 128 144 152

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
6 8 8 1 3 -8 25 7 -22 32 -25 14
-2 -7 -4 -1 -3 10 -24 -9 28 -35 34 -15
-5 1 0 -0 0 -1 -1 -1 -1 -0 -1 -1
Net Cash Flow -1 2 5 -0 -0 1 -0 -3 5 -3 8 -2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 38 32 29 31 30 37 39 36 29 53 34 36
Inventory Days
Days Payable
Cash Conversion Cycle 38 32 29 31 30 37 39 36 29 53 34 36
Working Capital Days 24 20 18 45 19 -124 -142 -6 -18 59 -74 2
ROCE % 18% 20% 19% 17% 18% 20% 19% 16% 18% 18% 16% 16%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
52.85% 52.85% 52.85% 52.85% 52.85% 52.85% 52.85% 52.85% 52.85% 52.85% 52.85% 52.85%
0.00% 0.00% 0.00% 0.00% 0.00% 0.15% 0.00% 0.00% 0.00% 0.17% 0.00% 0.00%
47.15% 47.15% 47.15% 47.15% 47.15% 47.00% 47.17% 47.16% 47.15% 46.98% 47.15% 47.15%
No. of Shareholders 5,4225,6695,4305,4845,4065,3165,1645,0574,9904,8625,6165,589

* 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