SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Check Before You Invest : Elpro International Ltd

BSE: 504000 NSE: ELPROINTL ISIN: INE579B01039
  |   Sector:  Construction & Infrastructure   |   Industry:  Construction - Real Estate

Snapshot

Q.1 Which industry/sub-sector does Elpro International Ltd belong to?
Elpro International Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Construction - Real Estate segment.
Q.2 Is Elpro International Ltd a good quality company?
Elpro International Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Elpro International Ltd undervalued or overvalued?
Elpro International Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios Current 5-year
Historic Median
Price to Earnings 65.12 42.19
Price to Book 1.03 1.00
Price to Sales 12.82 13.11
EV to EBITDA 23.68 23.16
Q.4 Is Elpro International Ltd a good buy now?
Elpro International Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Elpro International Ltd?
Elpro International Ltd revenue growth is 86.2% for FY-2025, which is above its 5-year CAGR of 13.72%, indicating faster growth.

Q.2 Gross Profit margin of Elpro International Ltd?
Elpro International Ltd Gross profit margin which is the profit after deduction of direct costs, is 21.4% for FY-2025, which is below its 5-year median of 53.3%, indicating decreasing margins.

Q.3 Operating Profit Margin of Elpro International Ltd?
Elpro International Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 21.02% for FY-2025, which is below its 5-year median of 39.31% indicating decreasing margins.

Q.4 Net Profit Margin of Elpro International Ltd?
Elpro International Ltd Net Profit Margin is 18.09% for FY-2025, is below its 5-year median of 41.52%, indicating decreasing margins.
Current Level 5-year
Historic Median
Gross Profit Margin (%) 21.4 53.3
Operating Profit Margin (%) 21.02 39.31
Net Profit Margin (%) 18.09 41.52

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Elpro International Ltd?
Elpro International Ltd Return on Asset is 1.42%, which is below its 5-year historical median of 2.61%, indicating deteriorated asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Elpro International Ltd?
Elpro International Ltd Return on capital employed is 4.13% for FY-2025, which is below its 5-year historical median of 4.82%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 14%, indicating value preservation.

Q.7 Return on Equity (ROE) of Elpro International Ltd?
Elpro International Ltd Return on equity is 2.15% for FY-2025, which is below its 5-year historical median of 3.31%, indicating the business is making worse use of its shareholders capital.

Q.8 Cash conversion cycle of Elpro International Ltd?
Elpro International Ltd Cash conversion cycle is -19 days, above its 5-year historical median of -125 days, indicating deteriorated working capital management. However, you need to compare this with its peers in the industry.
Current Level 5-year
Historic Median
Asset Turnover (x) 0.08 0.08
ROE (%) 2.15 3.31
ROCE (%) 4.13 4.82
Cash Conversion Cycle -19 days -125 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Elpro International Ltd?
Elpro International Ltd Debt-to-Equity ratio is 0.47, which is above the industry average of 0.23, indicating higher debt levels in the industry.

Q.10 Debt to cash flow from operations of Elpro International Ltd?
Elpro International Ltd Debt to cash flow from operations is 16.43, which is at a unhealthy level.

Ownership & governance

D: Promoter shareholding and pledge status of Elpro International Ltd?

Q.1 Promoter shareholding and pledge status of Elpro International Ltd?
Promoters hold 75.00% of the Elpro International Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Elpro International Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Elpro International Ltd vs industry peers?
Elpro International Ltd revenue CAGR is 13.72%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Profit Metrics
Current Level 5-year
Industry Median
Revenue Growth (%) 86.2 0
Gross Profit Growth (%) -25 14.9
Operating Profit Growth (%) - 10.6
Net Profit Growth (%) -19.2 17.2
Operating Efficiency
Current Level 5-year
Industry Median
Asset Turnover (x) 0.08 0.1
ROE (%) 2.15 1.36
ROCE (%) 4.13 3.88
Cash Conversion Cycle (days) -19.06 439

Valuation & price assessment

Q.1 Stock return of Elpro International Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 28% based on the current price.
9Y 5Y 3Y 1Y
Share Price
CAGR
28% 29.6% 31.5% 92%
Q.2 Valuation ratios of Elpro International Ltd vs historical?
The current P/E ratio of 65.12 is higher than its historical median of 42.19, indicating that the stock is trading above its historical average valuation.
Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?
Valuation Ratios Current 5-year
Historic Median
5-year
Industry Median
Price to Earnings 65.12 42.19 33.43
Price to Book 1.03 1.00 1.53
Price to Sales 12.82 13.11 5.23
EV to EBITDA 23.68 23.16 14.43

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×