Elin Electronics Limited Net Assets
Elin Electronics Limited net assets. Based on the latest financial reports, Elin Electronics Limited (ELIN) has net assets worth Rs5.54 Billion INR (≈ $59.97 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs8.15 Billion ≈ $88.14 Million USD) and total liabilities (Rs2.61 Billion ≈ $28.18 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Elin Electronics Limited net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs5.54 Billion |
| % of Total Assets | 68.03% |
| Annual Growth Rate | 17.88% |
| 5-Year Change | 103.69% |
| 10-Year Change | N/A |
| Growth Volatility | 20.03 |
Net Assets of Elin Electronics Limited (2019–2025)
Net assets of Elin Electronics Limited from 2019 to 2025. This chart illustrates how Elin Electronics Limited's net assets have evolved over time, based on quarterly financial data. See ELIN equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Elin Electronics Limited (2019–2025)
The table below shows the annual net assets of Elin Electronics Limited from 2019 to 2025. For live market cap and overall valuation, see ELIN stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs5.34 Billion ≈ $57.77 Million |
+6.18% |
| 2024-03-31 | Rs5.03 Billion ≈ $54.41 Million |
+2.03% |
| 2023-03-31 | Rs4.93 Billion ≈ $53.33 Million |
+62.67% |
| 2022-03-31 | Rs3.03 Billion ≈ $32.78 Million |
+15.58% |
| 2021-03-31 | Rs2.62 Billion ≈ $28.36 Million |
+15.14% |
| 2020-03-31 | Rs2.28 Billion ≈ $24.63 Million |
+14.44% |
| 2019-03-31 | Rs1.99 Billion ≈ $21.52 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Elin Electronics Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 115.6% over the analyzed period, indicating profitable operations and earnings retention.
Elin Electronics Limited Net Assets Breakdown (March 2025)
Elin Electronics Limited net assets breakdown by equity component as of March 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs2.64 Billion | 49.49% |
| Common Stock | Rs243.52 Million | 4.56% |
| Other Comprehensive Income | Rs274.45 Million | 5.14% |
| Other Components | Rs2.18 Billion | 40.81% |
| Total Equity | Rs5.34 Billion | 100.00% |
Elin Electronics Limited Competitors by Market Cap
The table below lists competitors of Elin Electronics Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CanAlaska Uranium Ltd
V:CVV
|
$39.01 Million |
|
Respiri Ltd
AU:RSH
|
$39.01 Million |
|
Culp, Inc. Common Stock
NASDAQ:CULP
|
$39.02 Million |
|
Intchains Group Limited American Depositary Shares
NASDAQ:ICG
|
$39.05 Million |
|
Beshom Holdings Bhd
KLSE:7668
|
$38.99 Million |
|
Cords Cable Industries Limited
NSE:CORDSCABLE
|
$38.97 Million |
|
NDL Ventures Limited
NSE:NDLVENTURE
|
$38.97 Million |
|
Eureka Acquisition Corp Class A Ordinary Share
NASDAQ:EURK
|
$38.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elin Electronics Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,030,990,000 to 5,341,780,000, a change of 310,790,000 (6.2%).
- Net income of 293,220,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 5,540,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs293.22 Million | +5.49% |
| Other Comprehensive Income | Rs-5.54 Million | -0.1% |
| Other Changes | Rs23.11 Million | +0.43% |
| Total Change | Rs- | 6.18% |
Book Value vs Market Value Analysis
This analysis compares Elin Electronics Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.65x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.49x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | Rs48.73 | Rs72.52 | x |
| 2020-03-31 | Rs55.77 | Rs72.52 | x |
| 2021-03-31 | Rs64.21 | Rs72.52 | x |
| 2022-03-31 | Rs74.22 | Rs72.52 | x |
| 2023-03-31 | Rs115.68 | Rs72.52 | x |
| 2024-03-31 | Rs104.98 | Rs72.52 | x |
| 2025-03-31 | Rs111.31 | Rs72.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elin Electronics Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.48%
- • Asset Turnover: 1.62x
- • Equity Multiplier: 1.36x
- Recent ROE (5.49%) is below the historical average (9.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 14.61% | 3.51% | 2.08x | 2.00x | Rs91.72 Million |
| 2020 | 12.07% | 3.57% | 1.99x | 1.70x | Rs47.12 Million |
| 2021 | 13.29% | 4.14% | 1.66x | 1.94x | Rs86.32 Million |
| 2022 | 12.93% | 3.67% | 2.00x | 1.76x | Rs88.69 Million |
| 2023 | 5.44% | 2.49% | 1.46x | 1.49x | Rs-225.07 Million |
| 2024 | 2.76% | 1.33% | 1.56x | 1.33x | Rs-364.36 Million |
| 2025 | 5.49% | 2.48% | 1.62x | 1.36x | Rs-240.96 Million |
Industry Comparison
This section compares Elin Electronics Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $13,893,990,137
- Average return on equity (ROE) among peers: 14.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elin Electronics Limited (ELIN) | Rs5.54 Billion | 14.61% | 0.47x | $38.99 Million |
| Apar Industries Limited (APARINDS) | $6.28 Billion | 17.42% | 4.19x | $6.74 Billion |
| Amara Raja Batteries Limited (ARE&M) | $25.93 Billion | 18.45% | 0.38x | $1.38 Billion |
| Bharat Bijlee Limited (BBL) | $1.16 Billion | 47.55% | 1.93x | $300.68 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $81.98 Billion | 14.71% | 0.55x | $13.80 Billion |
| Cords Cable Industries Limited (CORDSCABLE) | $1.41 Billion | 7.55% | 1.23x | $38.97 Million |
| De Nora India Limited (DENORA) | $259.95 Million | 11.77% | 0.28x | $40.45 Million |
| Dynamic Cables Limited (DYCL) | $151.72 Million | 3.43% | 5.18x | $173.18 Million |
| Eveready Industries India Limited (EVEREADY) | $5.55 Billion | 3.50% | 1.10x | $246.08 Million |
| Exicom Tele-Systems Limited (EXICOM) | $2.32 Billion | 2.75% | 2.04x | $195.38 Million |
About Elin Electronics Limited
Elin Electronics Limited designs, manufactures, and sells electronics motors, tools, moulds, dies, kitchen appliances, personal care and lighting products, and automotive components in India and internationally. The company offers LED lighting, fans, and switches, including LED fittings, fixtures, solar devices, LED flashlights, fans, light fittings/switches; small appliances, such as electrical … Read more