Is Elnet Technologies a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Elnet Technologies Ltd is a good quality company .

Is Elnet Technologies undervalued or overvalued?

The key valuation ratios of Elnet Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Elnet Technologies share price return in the past 10 years?

Elnet Technologies Ltd share price has appreciated 16% annually (CAGR) over the past ten years.

Is Elnet Technologies a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Elnet Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Elnet Technologies Ltd - Stock Valuation and Financial Performance

Name: Elnet Technologies
Brand: Elnet Technologies

BSE: 517477 | NSE: ELNET | IT - Software | Small Cap

Place order

Elnet Technologies Share Price

₹339.85 -22.00 -6.08%
as on 21-Nov'24 16:59

10 Year X-Ray of Elnet Technologies:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	17.3%	18%	20.3%	18.5%	16.3%	18.4%	17.9%	16.2%	16%	17.9%	-
Value Creation Index ⓘ	0.2	0.3	0.5	0.3	0.2	0.3	0.3	0.2	0.2	0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	21.5	22.1	22.7	22.2	21	24	21.4	22.1	24.6	26.2	25
Sales YoY Gr.	-	2.8%	2.7%	-2%	-5.3%	14.3%	-11.2%	3.4%	11.5%	6.3%	-
Adj EPS ⓘ	14	16.2	19.1	22	20.5	27	30	31.5	34.1	43.7	43.3
YoY Gr.	-	16%	17.7%	15%	-6.6%	31.4%	11.2%	5%	8.2%	28.4%	-
BVPS (₹) ⓘ	118.4	132.5	147.8	169.4	188	213.4	242.1	274.4	306.6	348.4	367.9
Adj Net Profit ⓘ	5.6	6.5	7.6	8.8	8.2	10.8	12	12.6	13.6	17.5	17
Cash Flow from Ops. ⓘ	7.8	2.6	-8.2	24.9	6.7	-21.7	32.1	-25.5	14.1	-62	-
Debt/CF from Ops. ⓘ	0.6	1.6	-0.5	0.2	0.6	-0.2	0.1	-0.2	0.3	-0.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	2.2%	4.4%	7%	6.3%
Adj EPS ⓘ	13.5%	16.3%	13.4%	28.4%
BVPSⓘ	12.7%	13.1%	12.9%	13.6%
Share Price	16%	24.9%	27.3%	28.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	12.4	12.9	13.6	13.9	11.5	13.4	13.2	12.2	11.7	13.4	12.1
Op. Profit Mgn % ⓘ	53.8	54.2	57.3	52.6	53.6	59.6	72.6	71.1	64.1	67.2	65.8
Net Profit Mgn % ⓘ	26.1	29.4	33.7	39.6	39	44.9	56.1	57	55.3	66.9	70.4
Debt to Equity ⓘ	0.1	0.1	0.1	0.1	0.1	0.1	0	0	0	0	0
Working Cap Days ⓘ	175	166	324	395	295	506	686	787	1,093	733	912
Cash Conv. Cycle ⓘ	30	21	21	34	32	23	27	26	14	10	807

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 13.42%

Return on Equity has declined versus last 3 years average to 12.10%

Sales growth has been subdued in last 3 years 6.98%

Sales growth is not so good in last 4 quarters at -6.59%

Latest Financials - Elnet Technologies Ltd.

	Standalone	Consolidated
TTM EPS (₹)	43.3	22.5
TTM Sales (₹ Cr.)	24.6	22.2
BVPS (₹.) ⓘ	367.9	0
Reserves (₹ Cr.) ⓘ	143	64
P/BV ⓘ	0.98	0.00
PE ⓘ	8.36	16.08

From the Market
52 Week Low / High (₹)	253.10 / 430.00
All Time Low / High (₹)	3.80 / 430.00
Market Cap (₹ Cr.)	145
Equity (₹ Cr.)	4
Face Value (₹)	10
Industry PE ⓘ	34.4

Management X-Ray of Elnet Technologies:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Elnet Technologies

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Elnet Technologies

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	21	22	23	22	21	24	21	22	25	26
Operating Expenses ⓘ	10	10	10	11	10	10	6	6	9	9
Manufacturing Costs	7	7	7	7	6	7	3	3	5	5
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	2	2	2	1	1	1	1	1	2	2
Other Costs ⓘ	1	1	1	2	2	2	1	2	2	2
Operating Profit ⓘ	12	12	13	12	11	14	15	16	16	18
Operating Profit Margin (%)	53.8%	53.9%	57.3%	52.6%	53.4%	59.6%	72.6%	71.1%	64.1%	67.2%
Other Income ⓘ	2	2	3	4	4	5	5	5	6	8
Interest ⓘ	0	0	0	0	1	1	1	1	1	1
Depreciation ⓘ	5	4	3	3	3	4	4	3	3	2
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	9	10	12	12	12	15	16	17	19	24
Tax ⓘ	3	3	4	3	3	4	4	4	5	6
Profit After Tax	6	6	8	9	8	11	12	13	14	17
PAT Margin (%)	26.2%	29.2%	34.6%	40.5%	40.0%	45.1%	56.1%	57.1%	55.7%	66.9%
Adjusted EPS (₹)	14.1	16.1	19.6	22.5	21.0	27.1	30.0	31.5	34.2	43.7
Dividend Payout Ratio (%)	10%	11%	7%	7%	7%	4%	5%	6%	6%	4%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	47	53	59	68	75	85	97	110	123	139
Share Capital ⓘ	4	4	4	4	4	4	4	4	4	4
Reserves ⓘ	43	49	55	64	71	81	93	106	119	135
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	4	4	4	4	4	4	4	4	4	4
Long Term Debt	4	4	0	0	0	0	0	0	0	0
Short Term Debt	0	0	4	4	4	4	4	4	4	4
Trade Payables	0	1	0	0	0	0	0	0	1	0
Others Liabilities ⓘ	19	20	15	16	15	15	14	14	16	16
Total Liabilities ⓘ	71	78	78	88	95	105	116	128	144	160
Fixed Assets
Gross Block	66	68	26	28	33	38	39	41	43	44
Accumulated Depreciation	28	32	3	6	7	11	15	18	21	22
Net Fixed Assetsⓘ	38	37	23	23	26	27	24	23	22	22
CWIP ⓘ	0	0	0	0	1	0	0	0	0	0
Investmentsⓘ	3	7	7	8	8	3	3	4	4	4
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Receivables	2	2	2	2	2	2	3	2	2	3
Cash Equivalents ⓘ	19	25	17	40	44	25	58	36	35	112
Others Assetsⓘ	9	7	29	15	15	48	27	63	80	20
Total Assets ⓘ	71	78	78	88	95	105	116	128	144	160

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	8	3	-8	25	7	-22	32	-25	14	-62
PBT ⓘ	8	10	12	12	12	15	16	17	19	24
Adjustment ⓘ	3	2	1	-1	0	0	-1	-1	-3	-6
Changes in Working Capital ⓘ	-1	-5	-17	16	-1	-32	21	-37	0	-75
Tax Paid ⓘ	-3	-4	-4	-3	-4	-4	-4	-4	-2	-5
Cash Flow From Investing Activity ⓘ	-1	-3	10	-24	-9	28	-35	34	-15	66
Capex	-2	-2	-1	-3	-7	-5	-1	-1	-2	-1
Net Investments	0	-4	8	-24	-6	29	-35	29	-15	60
Others ⓘ	1	4	2	2	4	4	2	6	2	8
Cash Flow From Financing Activityⓘ	0	0	-1	-1	-1	-1	0	-1	-1	-1
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	-1	-1	-1	-1	-1	-1	0	-1	-1	-1
Others ⓘ	1	1	0	0	0	0	0	0	0	0
Net Cash Flow ⓘ	7	0	1	0	-3	5	-3	8	-2	3

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	12.45	12.84	13.97	14.18	11.77	13.51	13.16	12.21	11.79	13.35
ROCE (%)	17.33	17.99	20.32	18.5	16.32	18.38	17.85	16.21	16.04	17.89
Asset Turnover Ratio	0.31	0.3	0.29	0.27	0.23	0.24	0.19	0.18	0.18	0.17
PAT to CFO Conversion(x)	1.33	0.5	-1	2.78	0.88	-2	2.67	-1.92	1	-3.65
Working Capital Days
Receivable Days	30	30	33	38	39	30	43	42	33	35
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

Elnet Technologies Ltd Stock News

Elnet Technologies Ltd FAQs

What is the share price of Elnet Technologies?

Company share prices are keep on changing according to the market conditions. The closing price of Elnet Technologies on 21-Nov-2024 16:59 is ₹339.9.

What is the market cap of Elnet Technologies?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Elnet Technologies stood at ₹144.7.

What is the P/E ratio of Elnet Technologies?

The latest P/E ratio of Elnet Technologies as of 21-Nov-2024 16:59 is 8.36.

What is the P/B ratio of Elnet Technologies?

The latest P/B ratio of Elnet Technologies as of 21-Nov-2024 16:59 is 0.98.

What is the 52-week high and low of Elnet Technologies?

The 52-week high of Elnet Technologies is ₹430.0 and the 52-week low is ₹253.1.

What is the TTM revenue of Elnet Technologies?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Elnet Technologies is ₹24.59 ( Cr.) .

About Elnet Technologies Ltd

Elnet Technologies (ETL) was incorporated in August 1990 as a Public Limited Company promoted by Electronics Corporation of Tamil Nadu and Stur Technologies Pvt Ltd (formerly New Era Technologies Private Limited) & its Associates. ETLâ€™s core competence is to develop and manage Software Technology Park. ETL has pioneered the concept of Software Technology Park in India.

ETL is a Profit making and Dividend paying Company.With a committed Quality Policy of providing professionally managed contemporary infrastructural facilities to IT and ITES industry, to achieve high customer satisfaction through trained manpower adhering to defined processes

and continual improvement in service delivery. ELNET was awarded the ISO 9001-2000 certification on 24.01.07.

Elnet Software City is located in a 3.16 acres plot in Taramani adjacent to TIDEL PARK along the IT corridor.The complex has a super built up area of 2,00,000 sq.ft and lettable area of 1,70,000 sq.ft

At present, the occupancy level is 100% and the complex houses clients engaged in software development and data processing etc and an organization promoted by the Government of Tamil Nadu furthering the knowledge of Tamil, namely, Tamil Virtual University.

The company has 100% diesel generator back up, 900 TR split packaged air conditioning system, 12 x 120 KVA uninterrupted power supply systems in parallel redundant mode as part of additional infrastructure facility for use by the companies.

Provision has also been made for point-to-point microwave link between the complex and TATA VSNL, STPI, Reliance, Airtel, BSNL earth station to facilitate easy transfer of data.

The complex employs about 2500 people and contributes a substantial share in the software export from the state. The complex houses leading software companies like Cognizant Technology Solutions, Tata Consultancy Services, Flextronics Technologies, Tata Communications Ltd.

The company has plan for an expansion and creating necessary infrastructure for BPO operations, thus contributing to the growth of exports.The systems and procedures developed over the years provide integrated, effective and efficient management of the facility. It also ensures a safe and comfortable environment to the occupants.

Business area of the company: