NSE: ELANTAS · BSE: 500123 · ISIN INE280B01018
Elantas Beck India Limited stock analysis
Elantas Beck India Limited ranks #167 in the TickerSutra evidence-ranked universe with a score of 70/100 and 95% data confidence. The latest captured fundamentals show ROCE of 21.2%, quarterly sales growth of 35.0% and quarterly profit growth of 80.3%.Watchlist candidate
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 21.2%
- Low debt/equity of 0×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2021 | ₹522cr | ₹78cr | ₹67cr | 15.0% |
| 2022 | ₹645cr | ₹110cr | ₹98cr | 17.0% |
| 2023 | ₹680cr | ₹143cr | ₹137cr | 21.0% |
| 2024 | ₹749cr | ₹144cr | ₹140cr | 19.0% |
| 2025 | ₹848cr | ₹172cr | ₹148cr | 20.0% |
| TTM | ₹937cr | ₹217cr | ₹178cr | 23.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
MANAGEMENT COMMENTARY
Signals from filed documents
Increased energy savings, productivity, and yield. Increased Automation Process Improvements Capacity Expansion EHS Enhancements Operational Excellence Projects Energy-e ffi cient Cooling Tower Details of the initiative (Web link, if any, may be provided along- with summary) Outcome of the initiative Power Savings in ETP Achieved power savings through value engineering and Kaizen initiatives. Substantial power savings
New sustainable solutions with low VOC resins and water based varnishes Focused on growing new potting systems addressing unique REACH/RoHS compliance needs from customers. Focused on growing the commercialized niche, value-added wire enamels to strengthen market leadership. Strong progress on localization of a global impregnation resin in the e-mobility segment.
Your Company continued to grow in established electrical segments while also expanding its focus on high-growth electronics, high voltage and e-mobility applications. This progress came during a year marked by several challenges, including sharp volatility in raw material costs, supply shortages, and ongoing geopolitical conflicts in the Russia– Ukraine and Middle East regions that affected global supply chains. Cust
A range of products were developed and launched for automotive, electrical, and electronics segments, helping strengthen the product portfolio and support wider customer engagement across key segments. The balance between low-volume, high-value specialty products and broader market offerings remained an important part of this effort. Research and MTD teams continued to work closely to maintain technological strength,
Through these collaborations, your Company gained access to technological developments and knowledge transfer across processing, application, and end-use requirements for insulation products. Participation grew further during the year, with two new global projects approved by the Technical Steering Committee making strong progress, reinforcing the link between global expertise and local capability building. Across bu
Based on the evaluation conducted during the year, the Audit Committee concluded that the internal financial controls of your Company were adequate and operating effectively. Technical Management and Infrastructure Development Your Company's leadership in the Electrical Insulation industry has been built over many decades through consistent product quality and strong technical service, earning the trust of customers
Our emissions intensity was 0.22 tCO ₂ e/MT for FY 2025. Additionally, we had zero adverse orders on anti-competitive practices by regulatory bodies, increased our procurement value from MSMEs to 24%, and experienced no data breaches related to customer privacy. These achievements underscore our commitment to sustainability and responsible business practices.
The Annual Report of the Company, the quarterly / half yearly and the yearly financial results and the yearly financial statements and the press releases of the Company are also disseminated on the Company’s website https://www.elantas.com/beck-india/financial-documents/financial- information.html and can be downloaded and also informed to the Stock Exchange. Press Releases: The press releases are placed on the Compa
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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