What is Elnet Technologies Ltd (ELNET) share price return in the past 10 years?

Elnet Technologies Ltd share price has appreciated 14.8% annually (CAGR) over the past ten years.

What is the share price of Elnet Technologies Ltd (ELNET)?

Company share prices are keep on changing according to the market conditions. The current trading price of Elnet Technologies Ltd (ELNET) on 10-Jun-2026 16:59:59 at 16:59 is 338.75.

What is the P/E ratio of Elnet Technologies?

The latest standalone P/E ratio of Elnet Technologies as of 10-Jun-2026 is 6.74.

What is the P/B ratio of Elnet Technologies Ltd (ELNET)?

The latest standalone P/B ratio of Elnet Technologies Ltd (ELNET) as of 10-Jun-2026 is 0.77.

What is the 52-week high and low of Elnet Technologies Ltd (ELNET)?

The 52-week high of Elnet Technologies Ltd (ELNET) is Rs. 411.00 and the 52-week low is Rs. 285.05.

Elnet Technologies Ltd (ELNET) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Elnet Technologies Ltd (ELNET)
Brand: Elnet Technologies

Elnet Technologies Ltd (ELNET)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517477 NSE: ELNET IT - Software | Small Cap | Elnet Technologies Share Price

Elnet Technologies Ltd (ELNET)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517477 NSE: ELNET IT - Software | Small Cap | Elnet Technologies Share Price

Key Metrics

Valuation Multiples

Market Cap

₹136 Cr.

Current Price

₹338.8

52-Week Low / High

₹285 / 411

TTM EPS

₹50.2

TTM Sales

₹24.9 Cr.

Book Value per Share

₹439

P/E Ratio

6.74

In line with its 5-year historical median

Industry PE

21.3

Price to Book (P/B)

0.77

In line with its 5-year historical median

Price to Sales (P/S)

5.43

Higher than its 5-year historical median

EV/EBITDA

1.79

Higher than its 5-year historical median

Dividend Yield

0.52%

Profitability Efficiency

Return on Equity (ROE)

11.88%

Outperforms industry median

Return on Capital Employed (ROCE)

15.36%

Outperforms industry median

Return on Assets (ROA)

10.49%

Operating Profit Margin

64%

Net Profit Margin

76.21%

Gross Profit Margin

106.4%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

-11.93%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

-16.12%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

0.34%

Asset Quality

Promoter Holding

52.85%

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

0.00%

Reserves

₹172 Cr.

Equity

₹4 Cr.

Face Value

₹10

All Time Low / High

₹3.80 / 453.80

Elnet Technologies stock performance

Key Ratios

Check Before You Invest

Quality

Very Good

Check detailed performance

Valuation

Overvalued

Check Valuation charts

Price Trend

Weak

Check Price chart

Q.1 Is Elnet Technologies Ltd a good quality company?

Elnet Technologies Ltd is a good quality company, based on a consistently good 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.

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.

How does Elnet Technologies Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Elnet Technologies Ltd vs industry peers?

Elnet Technologies Ltd revenue CAGR is -0.85%, compared to the industry median CAGR of 2.48%, indicating slower growth and losing its market share.

Q.1 Promoter shareholding and pledge status of Elnet Technologies Ltd?

Promoters hold 52.85% of the Elnet Technologies Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Elnet Technologies Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 14.5% based on the current price.

10 Year X-Ray :

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

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	18%	20.3%	18.5%	16.3%	18.4%	17.9%	16.2%	16%	17.9%	15.4%	-
Value Creation Index ⓘ	0.3	0.5	0.3	0.2	0.3	0.3	0.2	0.2	0.3	0.1	-
Growth Parameters ⓘ
Sales ⓘ	22.1	22.7	22.2	21	24	21.4	22.1	24.6	26.2	23	25
Sales YoY Gr.	-	2.7%	-2%	-5.3%	14.3%	-11.2%	3.4%	11.5%	6.3%	-11.9%	-
Adj EPS ⓘ	16.2	19.1	22	20.5	27	30	31.5	34.1	43.7	43.9	50.2
YoY Gr.	-	17.7%	15%	-6.6%	31.4%	11.2%	5%	8.2%	28.4%	0.3%	-
BVPS (₹) ⓘ	132.5	147.8	169.4	188	213.4	242.1	274.4	306.6	348.4	390.6	439
Adj Net Profit ⓘ	6.5	7.6	8.8	8.2	10.8	12	12.6	13.6	17.5	17.6	20
Cash Flow from Ops. ⓘ	2.6	-8.2	24.9	6.7	-21.7	32.1	-25.5	14.1	-62	5	-
Debt/CF from Ops. ⓘ	1.6	-0.5	0.2	0.6	-0.2	0.1	-0.2	0.3	-0.1	0.9	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	0.5%	-0.9%	1.4%	-11.9%
Adj EPS ⓘ	11.7%	10.2%	11.7%	0.3%
BVPSⓘ	12.8%	12.9%	12.5%	12.1%
Share Price	14.8%	14.6%	23.5%	-1.7%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	12.9	13.6	13.9	11.5	13.4	13.2	12.2	11.7	13.4	11.9	12.1
Op. Profit Mgn % ⓘ	54.2	57.3	52.6	53.6	59.6	72.6	71.1	64.1	67.2	64	66.5
Net Profit Mgn % ⓘ	29.4	33.7	39.6	39	44.9	56.1	57	55.3	66.9	76.2	80.6
Debt to Equity ⓘ	0.1	0.1	0.1	0.1	0.1	0	0	0	0	0	0
Working Cap Days ⓘ	166	324	395	295	506	686	787	1,093	733	356	675
Cash Conv. Cycle ⓘ	21	21	34	32	23	27	26	14	10	17	580

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	22	23	22	21	24	21	22	25	26	23
Operating Expenses > ⓘ +	10	10	11	10	10	6	6	9	9	8
Manufacturing Costs	7	7	7	6	7	3	3	5	5	4
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	2	2	1	1	1	1	1	2	2	2
Other Costs > ⓘ	1	1	2	2	2	1	2	2	2	2
Operating Profit > ⓘ	12	13	12	11	14	15	16	16	18	15
Operating Profit Margin (%)	53.9%	57.3%	52.6%	53.4%	59.6%	72.6%	71.1%	64.1%	67.2%	64.0%
Other Income > ⓘ +	2	3	4	4	5	5	5	6	8	10
Exceptional Items > ⓘ	0	-0	-0	0	0	0	0	0	0	0
Interest > ⓘ	0	0	0	1	1	1	1	1	1	0
Depreciation > ⓘ	4	3	3	3	4	4	3	3	2	2
Profit Before Tax > ⓘ	10	12	12	12	15	16	17	19	24	23
Tax > ⓘ	3	4	3	3	4	4	4	5	6	5
Profit After Tax	6	8	9	8	11	12	13	14	17	18
PAT Margin (%)	29.2%	34.6%	40.5%	40.0%	45.1%	56.1%	57.1%	55.7%	66.9%	76.2%
Adjusted EPS (₹)	16.1	19.6	22.5	21.0	27.1	30.0	31.5	34.2	43.7	43.9
Dividend Payout Ratio (%)	10.60%	7.20%	6.70%	7.10%	4.40%	4.70%	6.30%	5.80%	3.90%	4.30%

Valuation of Elnet Technologies - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	53	59	68	75	85	97	110	123	139	156
Share Capital ⓘ	4	4	4	4	4	4	4	4	4	4
Reserves ⓘ	49	55	64	71	81	93	106	119	135	152
Debt +	4	4	4	4	4	4	4	4	4	4
Long Term Debt	4	0	0	0	0	0	0	0	0	0
Short Term Debt	0	4	4	4	4	4	4	4	4	4
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	1	0	0	0	0	0	0	1	0	0
Others Liabilities ⓘ	20	15	16	15	15	14	14	16	16	14
Total Liabilities ⓘ	78	78	88	95	105	116	128	144	160	175
Fixed Assets
Net Fixed Assets ⓘ +	37	23	23	26	27	24	23	22	22	23
Gross Block	68	26	28	33	38	39	41	43	44	46
Accumulated Depreciation	32	3	6	7	11	15	18	21	22	24
CWIP ⓘ	0	0	0	1	0	0	0	0	0	0
Investments ⓘ	7	7	8	8	3	3	4	4	4	4
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Receivables	2	2	2	2	2	3	2	2	3	2
Cash Equivalents ⓘ	25	17	40	44	25	58	36	35	112	125
Others Assets ⓘ	7	29	15	15	48	27	63	80	20	21
Total Assets ⓘ	78	78	88	95	105	116	128	144	160	175

Cash Flow

(All Figures are in Crores.)

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

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	12.84	13.97	14.18	11.77	13.51	13.16	12.21	11.79	13.35	11.88
ROCE (%)	17.99	20.32	18.5	16.32	18.38	17.85	16.21	16.04	17.89	15.36
Asset Turnover Ratio	0.3	0.29	0.27	0.23	0.24	0.19	0.18	0.18	0.17	0.14
PAT to CFO Conversion(x)	0.5	-1	2.78	0.88	-2	2.67	-1.92	1	-3.65	0.28
Working Capital Days
Receivable Days	30.30	33.40	38.30	38.50	30.30	42.70	42.50	33.20	34.50	35.50
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Elnet Technologies Ltd FAQs

The current trading price of Elnet Technologies on 10-Jun-2026 16:59 is ₹338.8.

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 09-Jun-2026 the market cap of Elnet Technologies stood at ₹135.5 Cr

The latest P/E ratio of Elnet Technologies as of 09-Jun-2026 is 6.74.

The latest P/B ratio of Elnet Technologies as of 09-Jun-2026 is 0.77.

The 52-week high of Elnet Technologies is ₹411.0 and the 52-week low is ₹285.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Elnet Technologies is ₹24.94 ( Cr.) .

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

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

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.

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:

Infra-structure services to Software and BPO Companies

ETLâ€™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.

Elnet Technologies Ltd (ELNET)

Elnet Technologies Ltd (ELNET)

Elnet Technologies stock performance