ELPROINTL
Elpro International Limited
Residential and commercial projects developer
Consumer Discretionary›Realty›Realty›Residential, Commercial Projects
elpro.co.in(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Stock price
₹172.15
Market cap
2,918 Cr
Stock P/E
22.6
P/B
1.44
Dividend yield
0.4%
ROE (FY26)
4.3%
ROCE (FY26)
6.4%
Operating margin (FY26)
26.8%
Debt / equity (FY26)
0.59
OCF / EBITDA (FY26)
44.1%
OCF / EBITDA (3Y)
124.2%
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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Compare with peers
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What you need to know
Property and investment company whose largest business is leasing and developing real estate, including the Elpro City Square Mall in Pune; it also makes lightning arresters and surge protection equipment, trades commodities and financial instruments, and runs wind power.
Company snapshot
30thBy market cap
Ranked among 79 companies in Residential, Commercial Projects.
What we see
Positives
- ✓Net margin of 16.5% — the business keeps a healthy share of every rupee it earns.
Concerns
- ✗Interest coverage of 1.3x — earnings barely cover interest payments, which is a warning sign.
1 more signal from the filings.Sign in free to see them all
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 35 Cr | 56 Cr | 113 Cr | 139 Cr | 207 Cr | -7 Cr | 70 Cr | 100 Cr | 54 Cr | 189 Cr | 185 Cr | 139 Cr |
| Operating expenses (approx.) | 16 Cr | 18 Cr | 98 Cr | 71 Cr | 178 Cr | 21 Cr | 38 Cr | 29 Cr | 31 Cr | 54 Cr | 256 Cr | 21 Cr |
| EBITDA | 19 Cr | 39 Cr | 15 Cr | 68 Cr | 29 Cr | -28 Cr | 32 Cr | 71 Cr | 22 Cr | 135 Cr | -70 Cr | 118 Cr |
| OPM % | 54.5% | 68.7% | 13.2% | 48.8% | 13.9% | 406.4% | 45.2% | 71.1% | 41.9% | 71.4% | -37.9% | 85.1% |
| Other income | 5 Cr | 1 Cr | 23 Cr | 5 Cr | 26 Cr | 23 Cr | -3 Cr | 43 Cr | 12 Cr | 27 Cr | -19 Cr | 71 Cr |
| Interest | 4 Cr | 7 Cr | 10 Cr | 11 Cr | 15 Cr | 19 Cr | 22 Cr | 23 Cr | 26 Cr | 28 Cr | 29 Cr | 29 Cr |
| Depreciation | 1 Cr | 1 Cr | 1 Cr | 2 Cr | 2 Cr | 4 Cr | 3 Cr | 3 Cr | 5 Cr | 3 Cr | 4 Cr | 3 Cr |
| Profit before tax | 19 Cr | 32 Cr | 26 Cr | 60 Cr | 39 Cr | -28 Cr | 3 Cr | 87 Cr | 4 Cr | 132 Cr | -123 Cr | 157 Cr |
| Tax % | 1.9% | 25.5% | 7.3% | 21.4% | 17.1% | 24.5% | -163.9% | 15.0% | -186.0% | 28.7% | 25.0% | 26.2% |
| Net profit | 18 Cr | 24 Cr | 24 Cr | 48 Cr | 32 Cr | -21 Cr | 7 Cr | 74 Cr | 11 Cr | 94 Cr | -92 Cr | 116 Cr |
| EPS (₹) | ₹1.08 | ₹1.40 | ₹1.42 | ₹2.81 | ₹1.90 | ₹-1.24 | ₹0.44 | ₹4.39 | ₹0.66 | ₹5.53 | ₹-5.43 | ₹6.85 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 52 Cr | 58 Cr | 41 Cr | 110 Cr | 63 Cr | 72 Cr | 123 Cr | 257 Cr | 390 Cr | 528 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 29 Cr | 23 Cr | 36 Cr | 78 Cr | 33 Cr | 38 Cr | 78 Cr | 149 Cr | 309 Cr | 371 Cr | Sign in free for the trailing twelve months |
| EBITDA | 23 Cr | 34 Cr | 6 Cr | 31 Cr | 30 Cr | 35 Cr | 45 Cr | 107 Cr | 81 Cr | 157 Cr | Sign in free for the trailing twelve months |
| OPM % | 43.7% | 59.5% | 13.8% | 28.6% | 48.1% | 48.0% | 36.8% | 41.8% | 20.7% | 29.7% | Sign in free for the trailing twelve months |
| Other income | 0.69 Cr | 0.85 Cr | 120 Cr | 4 Cr | 3 Cr | 1,273 Cr | 30 Cr | 30 Cr | 71 Cr | 65 Cr | Sign in free for the trailing twelve months |
| Interest | 30 Cr | 34 Cr | 25 Cr | 27 Cr | 25 Cr | 23 Cr | 5 Cr | 25 Cr | 67 Cr | 106 Cr | Sign in free for the trailing twelve months |
| Depreciation | 0.99 Cr | 0.95 Cr | 0.91 Cr | 2 Cr | 4 Cr | 5 Cr | 5 Cr | 5 Cr | 10 Cr | 15 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 6 Cr | 19 Cr | 116 Cr | 16 Cr | 18 Cr | 1,272 Cr | 66 Cr | 107 Cr | 74 Cr | 100 Cr | Sign in free for the trailing twelve months |
| Tax % | -2.3% | 0.5% | 13.9% | 14.9% | -12.5% | 16.9% | 27.4% | 20.1% | 11.0% | 13.0% | Sign in free for the trailing twelve months |
| Net profit | 6 Cr | 18 Cr | 100 Cr | 14 Cr | 20 Cr | 1,057 Cr | 48 Cr | 85 Cr | 66 Cr | 87 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹0.42 | ₹1.33 | ₹5.90 | ₹0.82 | ₹1.17 | ₹62.35 | ₹2.83 | ₹5.04 | ₹3.90 | ₹5.16 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 0.0% | 0.0% | 0.0% | 16.5% | 17.9% | 0.0% | Sign in free for the trailing twelve months |
Sign in free for the trailing twelve months
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 14 Cr | 14 Cr | 17 Cr | 17 Cr | 17 Cr | 17 Cr | 17 Cr | 17 Cr | 17 Cr | 17 Cr |
| Reserves | -13 Cr | -20 Cr | 123 Cr | 118 Cr | 154 Cr | 1,215 Cr | 1,247 Cr | 1,590 Cr | 2,019 Cr | 2,014 Cr |
| Borrowings | 204 Cr | 260 Cr | 148 Cr | 215 Cr | 200 Cr | 56 Cr | 128 Cr | 365 Cr | 987 Cr | 1,189 Cr |
| Other liabilities | 61 Cr | 63 Cr | 142 Cr | 91 Cr | 88 Cr | 92 Cr | 122 Cr | 154 Cr | 378 Cr | 398 Cr |
| Total liabilities | 270 Cr | 316 Cr | 430 Cr | 441 Cr | 459 Cr | 1,380 Cr | 1,513 Cr | 2,127 Cr | 3,401 Cr | 3,618 Cr |
| Fixed assets (net) | 1 Cr | 1 Cr | 1 Cr | 2 Cr | 2 Cr | 2 Cr | 228 Cr | 252 Cr | 420 Cr | 609 Cr |
| CWIP | — | — | 144 Cr | 40 Cr | 40 Cr | 3 Cr | 5 Cr | 0 Cr | 6 Cr | 31 Cr |
| Investments | 133 Cr | 151 Cr | 189 Cr | 331 Cr | 347 Cr | 1,264 Cr | 1,196 Cr | 1,782 Cr | 2,830 Cr | 2,675 Cr |
| Loans & advances | — | — | 18 Cr | 30 Cr | 17 Cr | 12 Cr | 0.03 Cr | 13 Cr | 56 Cr | 96 Cr |
| Inventories | 13 Cr | 5 Cr | 44 Cr | 0.82 Cr | 0.66 Cr | 0.87 Cr | 1 Cr | 0.91 Cr | 0.92 Cr | 1 Cr |
| Trade receivables | 4 Cr | 3 Cr | 3 Cr | 4 Cr | 12 Cr | 12 Cr | 18 Cr | 7 Cr | 6 Cr | 5 Cr |
| Cash & bank | 1 Cr | 3 Cr | 2 Cr | 3 Cr | 6 Cr | 45 Cr | 3 Cr | 4 Cr | 3 Cr | 41 Cr |
| Other assets | 117 Cr | 153 Cr | 28 Cr | 31 Cr | 35 Cr | 40 Cr | 61 Cr | 68 Cr | 79 Cr | 161 Cr |
| Total assets | 270 Cr | 316 Cr | 430 Cr | 441 Cr | 459 Cr | 1,380 Cr | 1,513 Cr | 2,127 Cr | 3,401 Cr | 3,618 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 31 Cr | 57 Cr | -76 Cr | 23 Cr | 16 Cr | 24 Cr | -136 Cr | 141 Cr | 219 Cr | 69 Cr |
| Cash from investing | -12 Cr | -68 Cr | 88 Cr | -80 Cr | 20 Cr | 201 Cr | 34 Cr | -342 Cr | -767 Cr | -19 Cr |
| Cash from financing | -23 Cr | 12 Cr | -12 Cr | 57 Cr | -33 Cr | -185 Cr | 60 Cr | 202 Cr | 548 Cr | -13 Cr |
| Net cash flow | -4 Cr | 2 Cr | -0.81 Cr | 0.36 Cr | 3 Cr | 40 Cr | -42 Cr | 0.71 Cr | -0.94 Cr | 37 Cr |
| Free cash flow (OCF − Capex) | 17 Cr | 23 Cr | -118 Cr | — | 16 Cr | 23 Cr | -363 Cr | 116 Cr | 42 Cr | -52 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 17.0% | — | 49.1% | 12.3% | 11.3% | 100.5% | 5.1% | 6.7% | 4.7% | 6.4% |
| ROE % | 117.7% | — | 71.5% | 10.4% | 11.5% | 85.8% | 3.8% | 5.3% | 3.2% | 4.3% |
| Debtor days | 30 | 16 | 25 | 12 | 70 | 61 | 54 | 10 | 6 | 3 |
| Inventory days | 1882 | 644 | 5863 | 126 | 126 | 127 | 197 | 114 | 132 | 132 |
| Days payable | 1342 | 1279 | 2026 | 2823 | 3231 | 2156 | 4859 | 2181 | 1347 | 1427 |
| Cash conversion cycle | 571 | -619 | 3863 | -2685 | -3035 | -1967 | -4608 | -2057 | -1209 | -1292 |
| OCF / EBITDA % | 137.6% | 166.2% | -1347.0% | 74.1% | 51.8% | 67.6% | -300.0% | 131.2% | 270.2% | 44.1% |
| OCF / EBITDA % (3 years) | — | — | 19.2% | 6.0% | -55.3% | 64.7% | -87.5% | 15.1% | 95.7% | 124.2% |
| Debt / equity | 252.49 | — | 1.06 | 1.59 | 1.17 | 0.05 | 0.10 | 0.23 | 0.48 | 0.59 |
| Current ratio | 0.12 | 0.08 | 0.42 | 0.49 | 0.52 | 8.65 | 1.18 | 0.79 | 0.52 | 0.59 |
| Net debt / EBITDA | 8.96 | 7.45 | 25.81 | 6.77 | 6.41 | 0.32 | 2.74 | 3.37 | 12.16 | 7.33 |