Elin Electronics share price today

Elin Electronics Ltd's share price was ₹73.48 at the close on 4 November 2026. It has been falling for 39 weeks. That is 39.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹70 and ₹196, and at that close it sat 3% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Elin Electronics Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 55 weeks running.

Over the last 3.8 years the share price moved −68% while the NIFTY 500 moved +42%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 November 2025. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

For April to June 2026 (the quarter ended 30 June 2026), Elin Electronics reported revenue of ₹363 crore, up 23.1% from ₹295 crore a year earlier, and a loss of ₹21.0 crore, down 333.3% from ₹9.00 crore.

Elin Electronics results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Elin Electronics' management discussed these results on a call held on 6 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Elin Electronics closed at ₹73.48 on 4 November 2026, down 62.5% from ₹196.10 a year earlier (7 November 2025) and down 57.2% over three years. Its highest weekly close since December 2022 was ₹262.71 on 13 September 2024.

Elin Electronics share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

206 weekly closes from 30 December 2022 to 4 November 2026.

4 Nov 2026: Elin Electronics closed at ₹73.48, up 2.0% on the week and down 7.8% on the month. 6 Aug 2026: Elin Electronics held its results call for April to June 2026. Management guided: FY27 revenue ₹1,375 crore after deliberate batten reduction from August.

Earlier

• Results for April to June 2026: Revenue up 23.1% and profit down 333.3% on a year earlier.

Elin Electronics paid no dividend in the 12 months to 5 November 2026. The last was a dividend of ₹1 a share, ex-date 22 September 2023.

Elin Electronics dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Not in its latest year. Elin Electronics Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 3 of its last 10 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 6 August 2026, Elin Electronics' management guided: FY27 revenue ₹1,375 crore after deliberate batten reduction from August.

“In the current environment, it is difficult to forecast EBITDA, so allow us another quarter to update our margin guidance.”Sanjeev Sethia, Director, on the call for April to June 2026

What management guided

• Bhiwadi FY27 revenue ₹70-90 crore, peak revenue ₹550-600 crore and net working capital 45-50 days.
• Bhiwadi commercial production in July to September 2026, OFRs first and chimneys next quarter.
• Q2 operating margin to improve from Q1, with sequential improvement thereafter; formal full-year update after another quarter.
• Ghaziabad labor-price recovery of 50-60% over the next 3-4 months.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 6 August 2026.

When Elin Electronics reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Next-quarter operating margin improvement and the deferred full-year update - test whether pricing actions are translating into earnings.

Elin Electronics is not on any of our India lists this week.

Elin Electronics Ltd posted a net loss of ₹21.0 Cr in the Jun 2026 quarter. Full-year FY26 profit was ₹23.0 Cr. Over 9 years profit has grown 6.5% a year on average. That loss is 5.8% of the quarter's revenue. The same quarter a year earlier earned ₹9.0 Cr. 2 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Jun 2026 profit was −₹21.0 Cr, −333.3% on a year earlier. For the full year, FY26 profit was ₹23.0 Cr (−20.7% on the year before).

Why profit moved: revenue changed +23.1% on a year earlier and the margin moved −4.9 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −9.8% and revenue +14.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

Elin Electronics Ltd reported ₹363 Cr of revenue in the Jun 2026 quarter, +23.1% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 9 years it has grown 12.7% a year on average. The last full year, FY26, came in at ₹1,288 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,356 Cr.

FY26 revenue was ₹1,288 Cr, +9.2% on the year before.

Recent pace: the last four quarters grew +14.8% on average, against 12.7% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +14.7%, against +11.9% a year over the last 8 quarters (stabilising).

Elin Electronics Ltd's operating margin was 1.1% in the Jun 2026 quarter, 4.9 percentage points lower than the same quarter a year ago. Across 10 years it has been between 3.9% and 8.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −4.8 percentage points on the year while gross margin changed −6.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 173% of Elin Electronics Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹54.0 Cr of operating cash against ₹23.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹56.0 Cr of spending on assets, free cash was −₹2.0 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 173% of profit came in as cash: the cash cycle got 16 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 1.7× depreciation over three years. The next section checks what that spending is building.

Elin Electronics Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 67 days in FY26, down from 83 days in FY21. It spent ₹120 Cr on assets over the last 3 years. Customers take 59 days to pay, and stock sits for 60 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,288 Cr, each day of that cycle ties up about ₹3.5 Cr, so roughly ₹236 Cr is tied up in the business at any time.

FY26: customers took 59 days to pay and stock sat for 60 days, about 2.0 months of sales sitting as stock, for a full cycle of 67 days, shorter than FY21's 83.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 60 days. Customers pay about 59 days after that. Suppliers are paid at 52 days. Together that makes the 67-day cycle.

Spending on assets: ₹120 Cr over the last 3 years, against ₹71.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹28.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Elin Electronics Ltd's P/E is 21.3×, near the low end of its own history: it has been lower only 24% of the time. Its usual P/E (the middle reading) is 29.5×, over 3.7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved −23.1% while the price moved −62.5%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 3 years the price moved −24.6% a year; about −17.1% a year came from earnings growth and about −7.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Elin Electronics Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 6.8%; each line tells part of the story. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: when the lines disagree, each line above matters more than any single label.

The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Elin Electronics Ltd earned a ROCE of 7% in FY26. That is up from a low of 5% in FY24. Its return on capital used (ROIC) is 8.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 1.8% net margin and 1.68× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 1.8% net margin × 1.68× asset turnover × 1.38× leverage (assets divided by equity) ≈ 4.2% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 3.3% − 12.0% = −8.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 3.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 5.1%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Elin Electronics Ltd has total debt of ₹17.0 Cr against shareholder equity of ₹557 Cr as of Jun 2026, so its debt is 0.03× its equity, which is very little. Year by year, that ratio went from 0.34 in FY22 to 0.03 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Domestic institutions cut their stake in Elin Electronics Ltd by 10.2 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 2.9% of the company. Promoters moved −0.4 points over the same period, to 33.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −10.2 points over 8 quarters, to 2.9%; Promoters: −0.4 points over 8 quarters, to 33.0%; Foreign institutions: −0.4 points over 8 quarters, to 0.6%.

Why the owners changed: domestic institutions drove it (−10.2 points). They reduced their stake.

For Elin Electronics Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

33.7 out of 100, rank 6 of 7 in Electronics - Equipment/Components, with 66% of the evidence available.

Elin Electronics Ltd scores 33.7 out of 100 against the 7 companies it is compared with in Electronics - Equipment/Components, ranking 6. There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone.

The three scored parts add up to the total exactly: 11.2 + 9.5 + 13 = 33.7 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Elin Electronics ranks 6 of 7 Electronics - Equipment/Components companies on the 4-Factor Sector Score, with 33.7 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Electronics - Equipment/Components, all 7 compared on one page.

Elin Electronics is the 7th largest of 7 Electronics - Equipment/Components companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Genus Power Infrastructures, Hirect, Elpro International, MIC Electronics, RIR Power Electronics and Spel Semiconductor. It is the smallest.

Electronics - Equipment/Components companies close in size

1. Genus Power Infrastructures Ltd ₹8,321 crore
2. Hirect Ltd ₹3,382 crore
3. Elpro International Ltd ₹2,874 crore
4. MIC Electronics Ltd ₹1,055 crore
5. RIR Power Electronics Ltd ₹1,052 crore
6. Spel Semiconductor Ltd ₹469 crore
7. Elin Electronics Ltd ₹440 crore

All 7 Electronics - Equipment/Components companies, largest first

Companies close in size in other industries

2129. ANB Metal Cast Ltd ₹443 crore · Aluminium
2130. C2C Advanced Systems Ltd ₹443 crore · Engineering - Light - General
2131. Elin Electronics Ltd ₹440 crore
2132. Kotyark Industries Ltd ₹440 crore
2133. Basilic Fly Studio Ltd ₹439 crore · Entertainment & Media

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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