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ELINElin Electronics Limited

Capital Goods · Electrical Equipment & Parts · NSE · as of 2026-07-21 (delayed ~30 min in market hours)

105.49
0.24%
37Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)543.90
P/E23.53
P/B0.94
PEG
ROE %4.14
ROCE %5.40
Debt / Equity0.03
EPS4.65
Revenue Growth %2.70
Profit Growth %-23.00
Dividend Yield %0.00
Promoter Holding %48.69
FII Holding %8.68
DII Holding %
Beta0.78

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on ELIN — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 67%

Why avoid

  • Overall evidence is weak (AlgoScore 37/100)
  • Revenue growth: 2.7% YoY
  • Profit growth: -23.0% YoY
  • Price vs SMA50: below
  • Price vs SMA200: below

Bull case

  • Debt/Equity: 0.03
  • Promoter holding: 48.7%
  • Valuation vs sector: P/E 23.5 vs sector 39.8
  • MACD: bullish

Bear case

  • Revenue growth: 2.7% YoY
  • Profit growth: -23.0% YoY
  • Price vs SMA50: below
  • Price vs SMA200: below

Key risks

  • Weak fundamentals — technical strength may not sustain
  • Momentum is fading versus the broader market
  • Revenue growth: 2.7% YoY
  • Profit growth: -23.0% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹105.49
Stop Loss
₹95.04
risk 9.9%
Target 1 (1.5R)
₹121.16
+14.9%
Target 2 (3R)
₹136.84
+29.7%
Support (20d)
₹96.00
Resistance (52w)
₹234.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹10.45/share
ATR (volatility)
₹5.27
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹5.27). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
34
Technical
50
Momentum
16
Risk (safety)
51

Peers — Capital Goods

ADOR 7.88%
81
KSHINTL 1.30%
79
DIACABS 10.00%
78
INOXINDIA 4.32%
77
AARVI 3.51%
77
MMFL 4.13%
77

About

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 kettle, oil field radiator, OTG, mixer grinder, bar blender, hair straightener and dryer, trimmer, iron, and toasters; and fractional horsepower motors, includes hand blenders, wet grinders, chimneys, air conditioners, heat convectors, and TPW fans. In addition, the company provides medical diagnostic cartridges and diagnostic devices; and molded and sheet metal parts and components, such as plastic moulded sheet, metal parts, and components for auto ancillary and consumer durable sectors. In addition, the company manufactures plastic molding parts, and stainless-steel blades for mixer grinders. It serves original equipment manufacturers and original design manufacturers. The company was founded in 1969 and is based in New Delhi, India.