Is Elantas Beck India Ltd (ELANTAS) a good quality company?

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

Is Elantas Beck India Ltd (ELANTAS) undervalued or overvalued?

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

What is Elantas Beck India Ltd (ELANTAS) share price return in the past 10 years?

Elantas Beck India Ltd share price has appreciated 21.8% annually (CAGR) over the past ten years.

Is Elantas Beck India Ltd (ELANTAS) a good buy now?

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

What is the share price of Elantas Beck India Ltd (ELANTAS)?

Company share prices are keep on changing according to the market conditions. The current trading price of Elantas Beck India Ltd (ELANTAS) on 05-May-2026 16:59:59 at 16:59 is 9529.00.

What is the P/E ratio of Elantas Beck India?

The latest standalone P/E ratio of Elantas Beck India as of 05-May-2026 is 51.12.

What is the P/B ratio of Elantas Beck India Ltd (ELANTAS)?

The latest standalone P/B ratio of Elantas Beck India Ltd (ELANTAS) as of 05-May-2026 is 7.49.

What is the 52-week high and low of Elantas Beck India Ltd (ELANTAS)?

The 52-week high of Elantas Beck India Ltd (ELANTAS) is Rs. 14250.00 and the 52-week low is Rs. 7111.00.

Elantas Beck India Ltd (ELANTAS) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Elantas Beck India Ltd (ELANTAS)
Brand: Elantas Beck India

Key Metrics

Market Cap

₹7,554 Cr.

P/E Ratio

51.12

Price to Book (P/B)

7.49

Price to Sales (P/S)

8.91

EV/EBITDA

33.97

Return on Capital Employed (ROCE)

21.23%

Current Price

₹9,529

Return on Equity (ROE)

15.76%

Return on Assets (ROA)

13.55%

Operating Profit Margin

20.3%

Net Profit Margin

17.43%

Gross Profit Margin

25.9%

Book Value per Share

₹1,271.8

Sales Growth (YoY)

13.27%

Sales Growth (3 Years)

9.56%

Operating Profit Growth (1 Year)

19.26%

Operating Profit Growth (3 Years)

16.05%

Net Profit Growth (1 Year)

5.89%

52-Week Low / High

₹7,111 / 14,250

Net Profit Growth (3 Years)

14.76%

Dividend Yield

0.08%

Promoter Holding

75.00%

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

0.00%

Check Before You Invest

Q.1 Stock return of Elantas Beck India Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 21.9% based on the current price.

Q.1 Revenue growth of Elantas Beck India Ltd?

Elantas Beck India Ltd revenue growth is 13.3% for FY-2025, which is below its 5-year CAGR of 17.22%, indicating slower growth.

Q.1 Which industry/sub-sector does Elantas Beck India Ltd belong to?

Elantas Beck India Ltd belongs to the Chemicals & Fertilizers sector, operating specifically within the Chemicals segment.

Q.1 Promoter shareholding and pledge status of Elantas Beck India Ltd?

Promoters hold 75.00% of the Elantas Beck India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Elantas Beck India Ltd vs industry peers?

Elantas Beck India Ltd revenue CAGR is 17.22%, compared to the industry median CAGR of 9.62%, indicating faster growth and gaining its market share.

DeciZen - make an informed investing decision on Elantas Beck India

Based on:

Data

Overall Rating ⓘ
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1. Quality

2. Valuation

3. Price Trend

Elantas Beck India stock performance

Key Ratios

Is Elantas Beck India Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
ROCE % ⓘ	41.2%	32.6%	29%	17.7%	19.5%	19.4%	23.5%	27.7%	23%	21.2%	-
Value Creation Index ⓘ	1.9	1.3	1.1	0.3	0.4	0.4	0.7	1.1	0.7	0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	365	383	409	394	383	522	645	680	749	848	848
Sales YoY Gr.	-	4.7%	6.9%	-3.7%	-2.8%	36.3%	23.5%	5.5%	10.1%	13.3%	-
Adj EPS ⓘ	68.9	69.2	66.8	62.4	77.6	66.7	114	172.7	174.9	186.4	186.4
YoY Gr.	-	0.4%	-3.5%	-6.5%	24.3%	-14.1%	70.9%	51.5%	1.3%	6.5%	-
BVPS (₹) ⓘ	279.9	350.2	427.6	484.4	557	636.6	755.1	923.3	1,093.8	1,271.8	1,271.8
Adj Net Profit ⓘ	54.6	54.8	52.9	49.5	61.5	52.9	90.4	137	139	148	148
Cash Flow from Ops. ⓘ	55.9	50.8	33	47.9	79.4	28.5	83	133	63.2	127	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9.8%	17.2%	9.6%	13.3%
Adj EPS ⓘ	11.7%	19.2%	17.8%	6.5%
BVPSⓘ	18.3%	18%	19%	16.3%
Share Price	21.8%	21.3%	17%	3.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Return on Equity % ⓘ	27.8	22	17.2	13.7	14.9	11.2	16.4	20.6	17.3	15.8	14.7
Op. Profit Mgn % ⓘ	21.6	20.5	16.1	13.7	18.4	15	17.1	21.1	19.3	20.3	20.3
Net Profit Mgn % ⓘ	15	14.3	12.9	12.6	16.1	10.1	14	20.1	18.5	17.4	17.4
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	105	112	128	145	154	138	122	107	105	107	186
Cash Conv. Cycle ⓘ	43	47	61	65	52	46	48	39	42	50	159

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	186.4	-
TTM Sales (₹ Cr.)	848	-
BVPS (₹) ⓘ	1,271.8	-
Reserves (₹ Cr.) ⓘ	1,000	-
P/BV ⓘ	7.49	-
PE ⓘ	51.12	-

From the Market
52 Week Low / High (₹)	7111.00 / 14250.00
All Time Low / High (₹)	33.50 / 14980.00
Market Cap (₹ Cr.)	7,554
Equity (₹ Cr.)	7.9
Face Value (₹)	10
Industry PE ⓘ	46.7

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Elantas Beck India - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Sales	365	383	409	394	383	522	645	680	749	848
Operating Expenses ⓘ +	287	304	344	340	313	444	535	537	604	676
Manufacturing Costs	28	31	33	36	33	49	55	55	64	66
Material Costs	205	219	252	236	216	325	403	396	444	496
Employee Cost	22	23	26	27	28	31	38	40	47	56
Other Costs ⓘ	32	32	34	41	36	39	39	45	49	58
Operating Profit ⓘ	79	78	65	54	70	78	110	143	144	172
Operating Profit Margin (%)	21.5%	20.5%	15.8%	13.7%	18.4%	15.0%	17.1%	21.1%	19.3%	20.3%
Other Income ⓘ +	8	9	12	18	22	16	21	53	55	48
Exceptional Items ⓘ	0	0	19	0	0	9	11	0	0	0
Interest ⓘ	0	0	0	0	0	0	1	1	1	1
Depreciation ⓘ	5	6	7	7	12	12	12	12	15	21
Profit Before Tax ⓘ	81	81	89	64	80	91	129	184	183	199
Tax ⓘ	26	26	23	14	18	24	31	46	44	51
Profit After Tax	54	55	66	50	62	67	98	137	140	148
PAT Margin (%)	14.9%	14.4%	16.1%	12.6%	16.1%	12.8%	15.2%	20.2%	18.7%	17.4%
Adjusted EPS (₹)	68.7	69.5	83.0	62.5	77.9	84.4	123.3	173.2	176.1	186.4
Dividend Payout Ratio (%)	6.60%	6.50%	5.40%	8%	6.40%	5.90%	4.10%	2.90%	4.30%	4%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Equity and Liabilities
Shareholders Fund +	222	278	339	384	442	505	599	732	867	1,008
Share Capital ⓘ	8	8	8	8	8	8	8	8	8	8
Reserves ⓘ	214	270	331	376	434	497	591	724	859	1,000
Debt +	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	41	44	49	36	61	76	74	88	92	83
Others Liabilities ⓘ	27	26	27	36	34	38	45	61	56	75
Total Liabilities ⓘ	291	348	415	456	536	618	717	881	1,015	1,166
Fixed Assets
Net Fixed Assets ⓘ +	36	40	65	105	98	93	94	95	219	235
Gross Block	96	45	77	124	128	135	146	158	297	334
Accumulated Depreciation	60	6	12	19	30	42	52	64	78	99
CWIP ⓘ	5	15	0	10	18	19	13	17	19	8
Investments ⓘ	109	139	174	160	218	261	356	517	379	592
Inventories	56	45	51	50	53	84	80	73	95	97
Trade Receivables	53	73	84	61	71	87	102	102	127	140
Cash Equivalents	17	22	10	24	27	18	42	57	153	69
Others Assets ⓘ	13	14	32	46	53	56	30	19	25	24
Total Assets ⓘ	291	348	415	456	536	618	717	881	1,015	1,166

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash Flow From Operating Activity ⓘ +	56	51	33	48	79	29	83	133	63	127
PBT ⓘ	81	81	89	64	80	91	129	184	183	199
Adjustment ⓘ	0	-0	-21	-4	-6	-9	-12	-32	-29	-17
Changes in Working Capital ⓘ	1	-5	-16	3	21	-35	-4	20	-51	-14
Tax Paid ⓘ	-26	-24	-19	-16	-16	-19	-30	-38	-40	-40
Cash Flow From Investing Activity ⓘ +	-51	-45	-32	-40	-69	-33	-76	-132	78	-194
Capex	-5	-20	2	-12	-16	9	3	-12	-145	-31
Net Investments	-51	-31	-39	-3	-48	-43	-85	-122	211	-168
Others ⓘ	5	6	6	-24	-5	2	6	3	12	5
Cash Flow From Financing Activity ⓘ +	-5	-5	-4	-5	-4	-4	-5	-5	-5	-6
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	-1	-1	-1	-0
Dividend Paid ⓘ	-5	-4	-4	-4	-4	-4	-4	-4	-4	-6
Others ⓘ	0	-1	-1	-1	0	0	0	0	0	0
Net Cash Flow ⓘ	0	2	-3	4	6	-8	2	-3	136	-74

Finance Ratio

PARTICULARS	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Ratios
ROE (%)	27.69	22.05	21.34	13.71	14.96	14.14	17.73	20.64	17.46	15.76
ROCE (%)	41.21	32.55	29	17.74	19.48	19.37	23.52	27.69	23.03	21.23
Asset Turnover Ratio	1.56	1.27	1.07	0.9	0.77	0.9	0.97	0.85	0.79	0.78
PAT to CFO Conversion(x)	1.04	0.93	0.5	0.96	1.27	0.43	0.85	0.97	0.45	0.86
Working Capital Days
Receivable Days	48.40	56.80	69.90	67	62.70	55	53.60	54.90	55.70	57.40
Inventory Days	47.60	45.40	42.80	46.70	48.80	47.80	46.40	41.10	41	41.40
Payable Days	70.70	71.10	67.20	65.90	82.20	76.90	67.90	74.40	74	64.70

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Elantas Beck India Ltd FAQs

The current trading price of Elantas Beck India on 05-May-2026 16:59 is ₹9,529.

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 04-May-2026 the market cap of Elantas Beck India stood at ₹7,554.3 Cr

The latest P/E ratio of Elantas Beck India as of 04-May-2026 is 51.12.

The latest P/B ratio of Elantas Beck India as of 04-May-2026 is 7.49.

The 52-week high of Elantas Beck India is ₹14,250 and the 52-week low is ₹7,111.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Elantas Beck India is ₹848 ( Cr.) .

About Elantas Beck India Ltd

ELANTAS Beck India was established in 1956, the company is engaged in the manufacturing of wide range of specialty chemicals for electrical insulation and construction industries. The main business line of the company includes like Primary Insulation, Secondary Insulation and Electronic & Engineering Materials.

ELANTAS, the Division Electrical Insulation within the ALTANA Group, produces insulating materials for the electrical and electronics industry. They are found in electric motors, household appliances, cars, generators, transformers, capacitors, wind mills, computers, lamps, circuit boards and sensors, and help to ensure that design engineers can construct ever-smaller and more powerful electronic devices, thus saving materials and energy.

Every electrical device contains a number of components such as electric motors and transformers which they donâ€™t even notice because they function reliably. A low breakdown rate of a device reflects its high quality and means that the insulation problem has been solved well. The products made by ELANTAS Electrical Insulation â€“ wire enamels, impregnating resins, and compounds â€“ contribute to the safety, reliability, and long life of such devices.

Owing to consistent research and development, continual development of insulating materials and processes, and the fact that ELANTAS has production facilities around the world, the company has established a leading international position for itself and is the world's leading manufacturer of wire enamels and impregnating resins. This makes the division the supplier of choice for the electrical insulation industry. Hence international, renowned technology leaders are amongst the top customer base.

In 2006, ELANTAS Beck India completed 50 years of operations in India. The company manufactures a wide range of specialty chemicals for electrical insulation and construction industries. In pursuit of ALTANAâ€™s global commitment, ELANTAS Beck India develops new products and processes to meet the changing needs of customers, ELANTAS Beck India Ltd. utilizes its strengths effectively to be partners in customers success.

Product range of the company includes:

Primary Insulation- Primary Insulation supplies the enameled wire industry. The wire enamles are purchased by enamel wire manufacturers.

Secondary Insulation- Secondary Insulation supplies applications in which the enameled wire winding is insulated and stabilized mechanically. Our impregnating resins and casting compounds are bought by original equipment manufacturers (OEM*) and by manufacturers of technical devices.

Electronic & Engineering Materials- Electronic & Engineering Materials mainly supplies applications that embed or completely encapsulate electrical components.

Awards/ Achievements

ELANTAS Beck India Ltd. has been accredited with the International Quality Management System ISO 9001:2000 and Environment Management System Certification ISO 14001:2004.
ELANTAS Beck is the first Indian manufacturer of insulation and resin products to receive the approbation of product certifications from the Underwriters Laboratory, USA
The company has also been awarded both the EN ISO 9001: 2000 Quality Management System Certification and EN ISO 14001 Environment Management System Certification given by the globally respected agency that's TUV of Germany.

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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Elantas Beck India Ltd (ELANTAS) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Elantas Beck India Share Price