Elnet Technologies Ltd Stock Analysis

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

BSE Share Price 06-Dec-2022 18:01
161.35 -6.15 (-3.67%)

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Elnet Technologies Price Chart

P/E Ratio (SA) :
4.99
Market Cap :
67 Cr.
52-wk low :
125
52-wk high :
205.5
Bole Toh?

1. Is Elnet Technologies Ltd a good quality company?

Data is not available for this company.

2. Is Elnet Technologies Ltd 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.

3. Is Elnet Technologies Ltd 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.

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 13.6%13%11.3%11.9%12.9%13.2%11.5%13.5%13.1%12%-
Value Creation Index -0.0-0.1-0.2-0.2-0.1-0.1-0.2-0.0-0.1-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 21.221.621.522.122.722.2212421.422.123
YoY Gr. Rt. %-1.9%-0.4%2.8%2.7%-2%-5.3%14.3%-11.2%3.4%-
Adj EPS 13.414.51416.219.12220.5273031.533.6
YoY Gr. Rt. %-8.4%-3.8%16%17.7%15%-6.6%31.4%11.2%5%-
BVPS (₹) 94.5107.5118.4132.5147.8169.4188213.4242.1274.4291.2
Adj Net Profit 5.45.85.66.57.68.88.210.81212.613
Cash Flow from Ops. 8.28.37.82.6-8.224.96.7-21.732.1-25.5-
Debt/CF from Ops. 0.50.50.61.6-0.50.20.6-0.20.1-0.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.5%-0.5%1.6%3.4%
Adj EPS 9.9%10.5%15.3%5%
BVPS 12.613.213.413.3
Share Price 14.7% 1.8% 12.8% 1.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 15.214.412.412.913.613.911.513.413.212.211.9
Op. Profit Mgn % 50.951.653.854.257.352.653.659.672.671.167.9
Net Profit Mgn % 25.42726.129.433.739.63944.956.15758.8
Debt to Equity 0.10.10.10.10.10.10.10.1000
Working Cap Days 113150175166324395295506686787991
Cash Conv. Cycle 31303021213432232726773

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 15.31%

Return on Equity has declined versus last 3 years average to 11.90%

Sales growth has been subdued in last 3 years 1.62%

Sales growth is not so good in last 4 quarters at 6.09%

Latest Financials - Elnet Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 33.6 22.5
TTM Sales (₹ Cr.) 22.8 22.2
BVPS (₹.) 291.2 0
Reserves (₹ Cr.) 112 64
P/BV 0.58 0.00
PE 4.99 7.45
From the Market
52 Week Low / High (₹) 125.00 / 205.50
All Time Low / High (₹) 3.80 / 232.90
Market Cap (₹ Cr.) 67
Equity (₹ Cr.) 4
Face Value (₹) 10
Industry PE 30.7

Management X-Ray of Elnet Technologies :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Elnet Technologies

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Elnet Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Elnet Technologies on 06-Dec-2022 18:01 is : 161.3.
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 06-Dec-2022 18:01 the market cap of Elnet Technologies stood at ₹ 67.00.
The latest PE ratio of Elnet Technologies as of 06-Dec-2022 18:01 is 4.99.
The latest PB ratio of Elnet Technologies as of 06-Dec-2022 18:01 is 0.58
The 52-week high of Elnet Technologies is ₹ 205.5 and the 52-week low is ₹ 125.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Elnet Technologies is ₹ 22.82 ( 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. ETL’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:
  • Infra-structure services to Software and BPO Companies
  • ETL’s core competence is to develop and manage Software Technology Park. ETL has pioneered the concept of Software Technology Park in India.
Achievements/ recognition:

ELNET is an ISO 9001-2000 certified company.



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