Elin Electronics

  • Market Cap: Micro Cap
  • Industry: Electronics & Appliances
  • ISIN: INE050401020
  • NSEID: ELIN
  • BSEID: 543725
INR
113.39
7.62 (7.2%)
BSENSE

Apr 02

BSE+NSE Vol: 2.68 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
Sonam
Singer India
Butterfly Gan Ap
Elin Electronics
CWD
Forbes & Co
MIRC Electronics
IKIO Tech
Maruti Interior
Parin Enterpris.
Arham Tech
Why is Elin Electronics Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
Poor long term growth as Operating profit has grown by an annual rate -15.93% of over the last 5 years
3
The company has declared Positive results for the last 3 consecutive quarters
  • PAT(9M) At Rs 36.91 cr has Grown at 159.20%
  • PBT LESS OI(Q) At Rs 12.10 cr has Grown at 100.5% (vs previous 4Q average)
  • ROCE(HY) Highest at 10.27%
4
With ROE of 6.9, it has a Very Attractive valuation with a 1.6 Price to Book Value
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of -22.46%, its profits have risen by 127% ; the PEG ratio of the company is 0.2
5
Falling Participation by Institutional Investors
  • Institutional investors have decreased their stake by -1.98% over the previous quarter and collectively hold 6.31% of the company
  • These investors have better capability and resources to analyse fundamentals of companies than most retail investors
6
Below par performance in long term as well as near term
  • Along with generating -22.46% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Elin Electronics for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Elin Electronics
-14.55%
-0.46
48.62%
Sensex
-4.3%
0.44
11.83%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
4.42%
EBIT Growth (5y)
-11.49%
EBIT to Interest (avg)
3.66
Debt to EBITDA (avg)
0.80
Net Debt to Equity (avg)
-0.17
Sales to Capital Employed (avg)
1.95
Tax Ratio
24.00%
Dividend Payout Ratio
34.54%
Pledged Shares
0
Institutional Holding
6.82%
ROCE (avg)
6.86%
ROE (avg)
4.33%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
14
Industry P/E
42
Price to Book Value
1.02
EV to EBIT
10.53
EV to EBITDA
6.73
EV to Capital Employed
1.02
EV to Sales
0.37
PEG Ratio
0.08
Dividend Yield
NA
ROCE (Latest)
8.77%
ROE (Latest)
6.91%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Dow Theory
Bearish
No Trend
OBV
Mildly Bearish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

10What is working for the Company
PAT(Latest six months)

At Rs 14.65 cr has Grown at 137.07%

ROCE(HY)

Highest at 10.27%

-8What is not working for the Company
PBT LESS OI(Q)

At Rs 4.04 cr has Fallen at -50.1% (vs previous 4Q average

PAT(Q)

At Rs 4.35 cr has Fallen at -54.6% (vs previous 4Q average

DEBTORS TURNOVER RATIO(HY)

Lowest at 4.60 times

NET SALES(Q)

At Rs 293.52 cr has Fallen at -6.2% (vs previous 4Q average

Loading Valuation Snapshot...
Here's what is not working for Elin Electronics
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 4.04 cr has Fallen at -50.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 8.10 Cr
MOJO Watch
Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 4.35 cr has Fallen at -54.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 9.58 Cr
MOJO Watch
Near term PAT trend is very negative

PAT (Rs Cr)

Net Sales - Quarterly
At Rs 293.52 cr has Fallen at -6.2% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 313.02 Cr
MOJO Watch
Near term sales trend is negative

Net Sales (Rs Cr)

Debtors Turnover Ratio- Half Yearly
Lowest at 4.60 times
in the last five half yearly periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio