Elpro International Ltd
ELPROINTLElpro International Ltd is coiled. The quarters are improving, yet the P/E sits at the 32nd percentile of its own 9-year range — the business is moving before the market.
The sharpest disagreement: the price moved +88.7% in a year while annual EPS moved +32.3% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a confirmed uptrend (21 weeks in) while the P/E sits at the 32nd percentile of its own 9-year range. Underneath, the last four quarters read improving — profit +56.8% year on year, and 180% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Elpro International Ltd trades at ₹174, in a confirmed uptrend and 21 weeks into that stage. That is +24.9% against its own 200-day average. It sits at 94% of a 52-week range of ₹75 to ₹180. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 3 straight weeks.
Today the stock is in a confirmed uptrend — week 21 of stage 2, confirmed. At ₹174 it trades +24.9% versus its 200-day average and sits at 94% of its 52-week range (₹75–₹180).
Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +1,140% while the NIFTY 500 moved +267% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 3 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Elpro International Ltd trades at 22.7× P/E, near the bottom of its own range — cheaper only 32% of the time. Its long-run median P/E is 32.2×, measured across 9.1 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 22.7× is near the bottom of its own range — cheaper only 32% of the time, against a long-run median of 32.2× measured over 9.1 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved +32.3% against a +88.7% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +24.3%/yr price move, ~+45.7%/yr came from earnings growth and ~−21.4 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources disagree by up to 326% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
Solved at its 13 June 2026 price, Elpro International Ltd was paying for profit growth of about 22.2% a year. Today the market pays 22.7× P/E, the 32nd percentile of its own 9-year range.
What the two numbers say together. The multiple is low against its own past, and the growth the price is paying for is the whole of what a buyer is backing.
How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.
Stage: Turning around Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Elpro International Ltd reads as turning around on its fundamental arc. Turning around — profit growth swung from −23.3% at the trough to +40.2% off a 4-quarter-old trough, ROCE lifting at 7.0%. The read is built from 8 quarters across 4 curves, on partial evidence.
Why it matters: growth inflections are where re-ratings start — the curves say a turn is forming, so the question becomes whether the next quarters confirm it.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +35.4% | +62.5% | +53.0% | +27.9% |
| Profit | +31.8% | +21.9% | +34.2% | — |
| EPS | +32.3% | +22.2% | +34.8% | — |
| Share price | +88.7% | +29.9% | +24.3% | +20.6% |
4-Factor Sector Score
60.3/100 — rank 2 of 7 in Electronics - Equipment/Components · 75% evidence confidence
Elpro International Ltd scores 60.3 out of 100 against the 7 companies it is compared with in Electronics - Equipment/Components, ranking 2. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 26.1 + 9.4 + 10.8 + 14 = 60.3. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Elpro International Ltd reported ₹139 Cr of revenue in the Jun 26 quarter, +39.0% year on year. That is the 2nd straight quarter of year-on-year growth. Over 10 years it has compounded at 27.9% a year. The last full year, FY26, came in at ₹528 Cr. The last four reported quarters add to ₹567 Cr.
FY26 revenue came in at ₹528 Cr (+35.4% on the year), capping 10 years at 27.9% compound. The latest quarter (Jun 26) printed ₹139 Cr, +39.0% year on year — the 2nd consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +43.1% growth against the decade's 27.9% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +53.2% over the last 4 quarters against +28.8%/yr over the last 8 — accelerating; TTM profit +40.2% vs +6.4%/yr — accelerating.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Elpro International Ltd's operating margin is 85.0% in the Jun 26 quarter, +14.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 14.0% to 60.0%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 85.0%, +14.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 14.0%–60.0%.
Why the margin moved: operating margin went +14.0 pp year on year while gross margin went +10.3 pp — the gain came mostly from the gross line: input costs and pricing.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Elpro International Ltd earned ₹116 Cr of net profit in the Jun 26 quarter, +56.8% year on year. Full-year FY26 profit was ₹87.0 Cr. That is 83.5% of the quarter's revenue. The same quarter a year earlier earned ₹74.0 Cr. 2 of the last 12 reported quarters were loss-making.
Jun 26 profit was ₹116 Cr, +56.8% year on year. On the full year, FY26 printed ₹87.0 Cr (+31.8%).
Why profit moved: revenue contributed +39.0% and the margin +14.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit −474.4% vs revenue +43.1%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 180% of Elpro International Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹69.0 Cr of operating cash against ₹87.0 Cr of profit. After ₹243 Cr of capital spending, ₹−174 Cr was left as free cash.
FY26: operating cash of ₹69.0 Cr against reported profit of ₹87.0 Cr, leaving free cash of ₹−174 Cr after ₹243 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 180% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 180%: the cash cycle tightened 81 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.
Router verdict: the bigger cash user is investment — capital spending ran 18.6× depreciation over three years, so the next section's job is to check what that build-out is buying.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Elpro International Ltd's cash conversion cycle runs −11 days in FY26, down from 70 days in FY21. Capital spending ran ₹557 Cr over the last 3 years. At FY26 sales of ₹528 Cr each day of that cycle holds about ₹1.4 Cr, so roughly ₹−16.0 Cr sits inside the business at any moment.
FY26: debtors at 3 days, inventory at 1 days — roughly 0.0 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of −11 days, tighter than FY21's 70.
The full loop: cash goes out to suppliers and production on day 0; stock waits 1 days to sell; customers pay about 3 days after that; and suppliers themselves are paid at 15 days — netting out to the −11-day cycle.
In money terms: at FY26 sales of ₹528 Cr, each day of the cycle holds about ₹1.4 Cr — so the −11-day loop keeps roughly ₹−16.0 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹557 Cr over the last 3 fiscal years against ₹30.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹31.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Elpro International Ltd earns a ROCE of 7% in FY26. That is up from a trough of 3% in FY14. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 16.5% net margin on 0.15× asset turns.
FY26 ROCE is 7%, recovered from a FY14 trough of 3% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 16.5% net margin × 0.15× asset turns × 1.78× balance-sheet leverage ≈ 4.4% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.
The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 326% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Elpro International Ltd carries ₹1,209 Cr of borrowings against ₹2,031 Cr of equity in FY26, a debt-to-equity of 0.60. Operating profit covers the interest bill 2×. Over 5 years borrowings went from ₹220 Cr to ₹1,209 Cr. Capital spending ran ₹557 Cr across the last 3 of those years.
FY26: borrowings of ₹1,209 Cr against equity of ₹2,031 Cr — a debt-to-equity of 0.60. Operating profit covers the interest bill 2×. Over 5 years borrowings went from ₹220 Cr to ₹1,209 Cr while capital spending ran ₹557 Cr in just the last 3 — part of the build-out is riding on borrowed money.
The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 326% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Foreign institutions cut 4.2 points of Elpro International Ltd over 8 quarters, the biggest move on the register. That takes foreign institutions to 7.0% of the company. Promoters moved +0.0 points over the same window, to 75.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: −4.2 points over 8 quarters to 7.0%; Promoters: +0.0 points over 8 quarters to 75.0%; Domestic institutions: +0.0 points over 8 quarters to 0.1%.
🚨 Why the register moved: foreign institutions drove it (−4.2 points) — distribution into the market’s bid.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Elpro International Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Genus Power Infrastructures LtdGENUSPOWER | 72.5/100Favorable setup93% evidence | TURNING | 28.8/35 Revenue 74.2% · PAT 63% · OPM change -2 pp 100% evidence | 17.7/25 ROCE 25.3% · OPM 19% 100% evidence | 11.0/20 P/E 15.1× · PEG 1.8 65% evidence | 15.0/20 RS sector 1.8% · RS bench 9.4% · 1Y 0.1%7 of 12 weeks ahead 100% evidence |
| Exact sum: 28.8 + 17.7 + 11 + 15 = 72.5 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2Elpro International Ltdthis pageELPROINTL | 60.3/100Mixed-positive evidence75% evidence | TURNING | 26.1/35 Revenue 53.2% · PAT 40.2% · OPM change 14 pp 95% evidence | 9.4/25 ROCE 6.6% · OPM 85% 76% evidence | 10.8/20 P/E 22.7× · PEG — 15% evidence | 14.0/20 RS sector 41.3% · RS bench 49.2% · 1Y 75.8%7 of 12 weeks ahead 100% evidence |
| Exact sum: 26.1 + 9.4 + 10.8 + 14 = 60.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Hirect LtdHIRECT | 44.9/100Mixed-negative evidence93% evidence | LEADER | 9.7/35 Revenue 42% · PAT -24.7% · OPM change -6.2 pp 100% evidence | 12.8/25 ROCE 18.8% · OPM 5.1% 100% evidence | 4.3/20 P/E 113× · PEG 4.47 65% evidence | 18.1/20 RS sector 30.1% · RS bench 38.4% · 1Y 48.4%12 of 12 weeks ahead 100% evidence |
| Exact sum: 9.7 + 12.8 + 4.3 + 18.1 = 44.9 · Decision use: Price leads the evidence: RS versus the benchmark is 38.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 4MIC Electronics LtdMICEL | 44.4/100Mixed-negative evidence71% evidence | BASING | 16.9/35 Revenue 100% · PAT -80% · OPM change -25.7 pp 95% evidence | 12.4/25 ROCE 8.7% · OPM 9.7% 95% evidence | 10.0/20 P/E — · PEG — 0% evidence | 5.1/20 RS sector -22.4% · RS bench -16% · 1Y -45.8%1 of 10 weeks ahead 70% evidence |
| Exact sum: 16.9 + 12.4 + 10 + 5.1 = 44.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Spel Semiconductor LtdSPELS | 40.3/100Thin evidence · provisional54% evidence | 13.7/35 Revenue -42.3% · PAT 15% · OPM change -1021.5 pp 71% evidence | 4.9/25 ROCE 0.1% · OPM — 61% evidence | 10.0/20 P/E — · PEG — 0% evidence | 11.7/20 RS sector 7.7% · RS bench -7.6% · 1Y -35.9%0 of 12 weeks ahead 70% evidence | |
| Exact sum: 13.7 + 4.9 + 10 + 11.7 = 40.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 6RIR Power Electronics LtdRIR | 39.0/100Mixed-negative evidence65% evidence | 13.2/35 Revenue 5.4% · PAT 4.1% · OPM change -4.3 pp 83% evidence | 11.8/25 ROCE 7.9% · OPM 8.7% 76% evidence | 8.5/20 P/E 198× · PEG — 15% evidence | 5.5/20 RS sector -17.7% · RS bench -19.7% · 1Y -39.2%0 of 12 weeks ahead 70% evidence | |
| Exact sum: 13.2 + 11.8 + 8.5 + 5.5 = 39 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Elin Electronics LtdELIN | 34.6/100Adverse evidence87% evidence | BASING | 12.0/35 Revenue 14.7% · PAT -80% · OPM change -4.9 pp 95% evidence | 7.8/25 ROCE 6.6% · OPM 1.1% 95% evidence | 10.4/20 P/E 26.4× · PEG — 50% evidence | 4.4/20 RS sector -39.3% · RS bench -34.1% · 1Y -57.6%0 of 12 weeks ahead 100% evidence |
| Exact sum: 12 + 7.8 + 10.4 + 4.4 = 34.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. 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 curve the sector itself 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 widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Elpro International Ltd's share price today?
Elpro International Ltd trades at ₹174, +88.7% over the past year. The company is valued at ₹2,936 Cr. The stock sits at 94% of its 52-week range of ₹75–₹180, +24.9% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 21 weeks in. — as of 11 September 2026.
What were Elpro International Ltd's latest quarterly results?
Elpro International Ltd reported revenue of ₹139 Cr and net profit of ₹116 Cr for the Jun 26 quarter. Revenue rose 39.0% and profit rose 56.8% year on year. Earnings per share were ₹6.85. The operating margin was 85.0%, 14.0 pp higher than a year earlier. — as of 11 September 2026.
What is Elpro International Ltd's revenue?
Elpro International Ltd reported revenue of ₹139 Cr in the Jun 26 quarter, +39.0% year on year. For the full FY26 fiscal year, revenue was ₹528 Cr (+35.4%). Over the last 10 years revenue compounded at 27.9% a year. — as of 11 September 2026.
What is Elpro International Ltd's profit?
Elpro International Ltd earned ₹116 Cr of net profit in the Jun 26 quarter, +56.8% year on year. Full-year FY26 profit was ₹87.0 Cr. The operating margin ran 85.0% in the latest quarter. — as of 11 September 2026.
What is Elpro International Ltd's market cap?
Elpro International Ltd's market capitalisation is ₹2,936 Cr at a share price of ₹174. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is Elpro International Ltd's P/E ratio?
Elpro International Ltd trades at a P/E of 22.7×, at the 32nd percentile of its own 9-year range, against a long-run median of 32.2×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.
Does Elpro International Ltd pay a dividend?
Not in its latest year — Elpro International Ltd's dividend payout was 0% of profit in FY26. It did record a payout in 3 of its last 13 reported fiscal years, so there is a history but no current dividend. This page holds the payout ratio, not a per-share amount. — as of 11 September 2026.
Is Elpro International Ltd overvalued?
On its own history, Elpro International Ltd looks cheap: its P/E of 22.7× has been cheaper only 32% of the time in 9 years (long-run median 32.2×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.
Is Elpro International Ltd growing?
Yes — Elpro International Ltd is growing: latest-quarter revenue +39.0% year on year, profit +56.8%, and the margin +14.0 pp at 85.0%. The earnings engine currently reads: improving — as of 11 September 2026.
How is Elpro International Ltd performing?
Elpro International Ltd is in a confirmed uptrend, 21 weeks in. Its latest quarter's revenue rose 39.0% and profit rose 56.8% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 3 weeks. This describes what the data did, not a rating. — as of 11 September 2026.
What stage is Elpro International Ltd in?
Turning around — profit growth swung from −23.3% at the trough to +40.2% off a 4-quarter-old trough, ROCE lifting at 7.0%. The read comes from the last 12 quarters of growth (revenue growth +53.2% latest, profit growth +40.2% latest, eps growth +38.9% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.
Is Elpro International Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 21 of stage 2), trading +24.9% versus its 200-day average and at 94% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.
Is Elpro International Ltd beating the market?
On recent form, yes — Elpro International Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 3 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.5 years the stock moved +1,140% against the NIFTY 500's +267% — ahead of the index over the full window. — as of 11 September 2026.
Will Elpro International Ltd's share price go up?
This page publishes no price forecast for Elpro International Ltd. What it measures instead: the share price is ₹174, the price is in a confirmed uptrend 21 weeks in. Its P/E of 22.7× sits at the 32nd percentile of its own 9-year range. — as of 11 September 2026.
Who owns Elpro International Ltd?
Promoters hold 75.0% of Elpro International Ltd, foreign institutions 7.0%, domestic institutions 0.1% and the public 17.9% (latest quarter). The biggest move on the register over the last two years: Foreign institutions cut 4.2 points over 8 quarters. — as of 11 September 2026.
Does Elpro International Ltd have too much debt?
It is moderate — Elpro International Ltd's debt-to-equity is 0.60, and operating profit covers the interest bill 2×. FY26 borrowings were ₹1,209 Cr against equity of ₹2,031 Cr. Read the returns on this page with that leverage in mind — as of 11 September 2026.
What is Elpro International Ltd's capex?
Elpro International Ltd spent ₹557 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹243 Cr, with ₹31.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.
What is Elpro International Ltd's cash flow?
Elpro International Ltd generated ₹69.0 Cr of operating cash flow in FY26 and ₹−174 Cr of free cash flow after ₹243 Cr of capital spending. Reported profit that year was ₹87.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 11 September 2026.
Is Elpro International Ltd's profit real cash?
Yes — over the last 3 fiscal years, 180% of Elpro International Ltd's reported profit arrived as operating cash. Though the latest year ran at 79% — the trend is the thing to watch. In FY26, operating cash was ₹69.0 Cr against reported profit of ₹87.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 11 September 2026.
Where is Elpro International Ltd in its business cycle?
Elpro International Ltd's FY26 operating margin was 30.0%, against a 13-year band of 14.0%–60.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 85.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What growth does Elpro International Ltd's price assume?
At its price on 13 June 2026, Elpro International Ltd was priced for profit growth of about 22.2% a year. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.
What could break the Elpro International Ltd story?
The sharpest disagreement: the price moved +88.7% in a year while annual EPS moved +32.3% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.
Is Elpro International Ltd a stock worth studying right now?
This is not investment advice. The machine read: Elpro International Ltd is coiled. The quarters are improving, yet the P/E sits at the 32nd percentile of its own 9-year range — the business is moving before the market. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.
Not SEBI Registered !! Not Investment advice !!