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 ₹ 1,466 Cr.
- Current Price ₹ 86.5
- High / Low ₹ 130 / 62.3
- Stock P/E 15.8
- Book Value ₹ 120
- Dividend Yield 0.82 %
- ROCE 5.24 %
- ROE 3.14 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.71 times its book value
- Company is expected to give good quarter
Cons
- Tax rate seems low
- Company has a low return on equity of 3.82% over last 3 years.
- Earnings include an other income of Rs.90.1 Cr.
- 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
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 | 369 | |
| 18 | 21 | 30 | 29 | 23 | 36 | 78 | 33 | 46 | 78 | 149 | 309 | 267 | |
| Operating Profit | 10 | 16 | 15 | 23 | 34 | 6 | 31 | 30 | 27 | 45 | 80 | 81 | 102 |
| OPM % | 36% | 43% | 33% | 44% | 60% | 14% | 29% | 48% | 37% | 37% | 35% | 21% | 28% |
| 0 | 0 | 0 | 14 | 19 | 137 | 14 | 16 | 1,273 | 30 | 58 | 71 | 90 | |
| Interest | 14 | 18 | 19 | 30 | 34 | 25 | 27 | 25 | 23 | 5 | 25 | 67 | 79 |
| Depreciation | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 4 | 5 | 5 | 5 | 10 | 12 |
| Profit before tax | -4 | -2 | -4 | 6 | 19 | 116 | 16 | 18 | 1,272 | 66 | 107 | 74 | 101 |
| 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 | 93 | |
| 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 | 5.48 |
| 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: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 40% |
| 5 Years: | 33% |
| 3 Years: | -10% |
| TTM: | -18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 17% |
| 3 Years: | 5% |
| 1 Year: | -24% |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 14 | 14 | 14 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 169 | 167 | 154 | -13 | -20 | 123 | 118 | 154 | 1,215 | 1,247 | 1,590 | 2,019 |
| 114 | 130 | 155 | 205 | 264 | 165 | 230 | 220 | 56 | 128 | 365 | 1,010 | |
| 103 | 105 | 107 | 64 | 59 | 126 | 75 | 67 | 92 | 122 | 154 | 355 | |
| Total Liabilities | 391 | 406 | 429 | 270 | 316 | 430 | 441 | 459 | 1,380 | 1,513 | 2,127 | 3,401 |
| 9 | 9 | 9 | 103 | 136 | 176 | 199 | 196 | 193 | 418 | 456 | 711 | |
| CWIP | 73 | 85 | 105 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 |
| Investments | 269 | 269 | 269 | 133 | 151 | 160 | 174 | 193 | 1,077 | 1,012 | 1,578 | 2,539 |
| 40 | 43 | 47 | 34 | 29 | 94 | 68 | 70 | 110 | 83 | 93 | 145 | |
| Total Assets | 391 | 406 | 429 | 270 | 316 | 430 | 441 | 459 | 1,380 | 1,513 | 2,127 | 3,401 |
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% |
Documents
Announcements
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Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended September 30, 2025, Along With Limited Review Reports From The Statutory Auditors Of The Company Thereon.
15h - Board meeting Nov 14, 2025 to approve Q2/H1 results for Sept 30, 2025; trading window closed from Oct 1.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
19 Oct - Notice under Regulations 47 and 30 of the SEBI (LODR) Regulations, 2015.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 18 Oct
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Announcement under Regulation 30 (LODR)-Acquisition
13 Oct - Acquired 53,566 Ganesha Ecosphere shares for INR 6.53 Crore; total holding 117,606.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Oct - Newspaper Advertisement - Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.
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
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Concalls
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Nov 2017TranscriptNotesPPT
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]