Elnet Technologies Ltd Stock Price Today (NSE: ELNET)

Elnet Technologies Ltd

335.452.75 (0.81%)
Market Closed

Fundamental Score

...

Elnet Technologies Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Elnet Technologies Ltd share price today is 335.45, down 0.81% on NSE/BSE as of 17 June 2026. Elnet Technologies Ltd (ELNET) is a Small-cap company in the IT Enabled Services sector with a market capitalisation of 136.30 (Cr). The 52-week high for ELNET share price is 411.00 and the 52-week low is 285.05. At a P/E ratio of 7.14x, ELNET is currently trading below its industry average P/E of 33.81x. The company has a Return on Equity (ROE) of 11.87% and a debt-to-equity ratio of 0.03.

Elnet Technologies Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
351.90
Low
321.00
Volume
2.1K
Change
+0.79%

Elnet Technologies Ltd share price chart: 0.79% return over the past month. 52-week high ₹411.00, 52-week low ₹285.05.

Elnet Technologies Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
338.95338.95332.10334.40130.00 (Cr)
334.05339.00330.00338.902.38K (Cr)
338.65338.65332.70333.90404.00 (Cr)
342.00347.00337.05338.605.80K (Cr)
348.85348.85339.25339.25759.00 (Cr)
341.75347.50338.55340.002.94K (Cr)
338.25351.90338.25343.752.28K (Cr)
344.85347.85338.00338.202.15K (Cr)
340.00344.30339.10341.252.09K (Cr)
340.00343.40333.50342.752.08K (Cr)

Elnet Technologies Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
334.05339.00330.00334.40+0.10%
339.00351.90321.00333.90-1.50%
310.00349.80297.10339.25+9.44%
335.10354.95285.05298.80-10.83%
325.00369.95322.50346.00+6.46%
349.95360.00315.05340.20-2.79%
357.00367.95331.10357.20+0.06%
362.50377.70342.25345.05-4.81%
365.00384.00357.35363.80-0.33%
406.00411.00365.25369.05-9.10%
355.10400.00351.00395.50+11.38%
345.95367.00326.75353.10+2.07%

AI Research Briefing

Powered by Gemini · 2026-04-10

Elnet is a cheap micro-cap infrastructure play with zero growth and negative free cash flow, suitable only for deep value vultures.

Research Confidence
4.0/10Low
MICRO-CAP DARK HORSEConsolidation (1M: -6.34%, 3M: -11.91%, 6M: -1.52%)Cheap (P/E 7.14x vs. Industry P/E 33.81x)

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. Elnet Technologies submitted its Q4FY26 confirmation certificate under SEBI regulations. Trading window closed for the last quarter and financial year ended March 31, 2026.

CORE STORY (THE REAL GAME)

Elnet is an infrastructure play for IT companies, owning and maintaining software technology parks. The market is likely pricing in stable, recurring revenue from lease agreements, but discounting growth due to past performance.

Why Now
  • Low P/E relative to industry
  • Consistent operating margins
  • Dividend yield provides downside support
Potential Catalysts
  • New major lease agreement
  • Significant cost-cutting measures
  • Acquisition by a larger player
Key Risks
  • Micro-cap liquidity risk
  • Negative free cash flow
  • Stagnant sales growth
Institutional Activity

No FII/DII presence. Promoter holding stable at 52.85%.

Macro Context

Indian IT sector poised for recovery driven by AI and cloud adoption.

Cash Flow Quality

No (FCF 5Y: ₹-44.05 Cr)

3–6 Month Outlook

Elnet's future hinges on its ability to secure new leases and improve cash flow management. Without these, it remains a value trap.

Primary Thesis Risk

Inability to generate free cash flow will lead to long-term value destruction.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

11.87%

Profit generated per ₹1 of shareholder equity

Average

Return on Capital (ROCE)

15.36%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

67.64%

Average operating profit margin over 5 years

Dividend Yield

0.56%

Annual dividend as % of current share price

Elnet Technologies Ltd Valuation Check

Excellent

Price to Earnings (P/E)

7.14x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.81x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

52.85%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

12.81%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

3.65%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-0.85%

Compounded annual revenue growth over 5 years

Average

EPS Growth (5-Year CAGR)

10.24%

Earnings per share growth over 5 years

Average

Net Profit Growth (5-Year CAGR)

10.24%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.03x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

51.43x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-44.05 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Elnet Technologies Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ELNET across key market metrics for learning purposes.

Positive Indicators

7 factors identified

Excellent ROCE Performance (15.36%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (67.64%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 7.14 vs Industry: 33.81)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Conservative Debt Levels (D/E: 0.03)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (51.43x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (52.85%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Limited Growth History (-0.85% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Negative Free Cash Flow (₹-44.05 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Elnet Technologies Ltd vs IT Enabled Services Peers

Peer Comparison - IT Enabled Services

Compare Elnet Technologies Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
47.8/100
335
₹136.30
7.1
Average
11.87%
Average
15.36%
Good
0.0
Excellent
10.24%
Good
-0.85%
Poor
0.56%
56.4/100
3492
₹47130.29
36.9
Average
22.16%
Excellent
28.29%
Excellent
0.1
Excellent
9.04%
Good
13.68%
Good
1.24%
65.2/100
1638
₹29262.67
48.0
Average
32.87%
Excellent
27.20%
Excellent
0.3
Excellent
28.66%
Excellent
38.17%
Excellent
0.00%
55.6/100
720
₹27600.58
39.8
Average
19.91%
Good
25.80%
Excellent
0.1
Excellent
21.37%
Excellent
12.63%
Good
1.23%
66.3/100
1477
₹23851.31
56.9
Average
14.03%
Average
16.82%
Good
0.0
Excellent
42.26%
Excellent
46.68%
Excellent
0.00%
41.7/100
41
₹23303.54
29.2
Average
7.38%
Poor
9.58%
Poor
0.1
Excellent
0.10%
60/100
4072
₹18241.54
135.3
Average
23.93%
Excellent
32.45%
Excellent
0.0
Excellent
96.32%
Excellent
49.09%
Excellent
0.08%
Cyient Ltd...
CYIENT532175
37/100
918
₹12937.90
22.9
Average
12.81%
Average
16.58%
Good
0.1
Excellent
12.34%
Good
10.70%
Good
2.24%
42.7/100
994
₹9185.65
33.8
Average
44.23%
Excellent
29.75%
Excellent
1.1
Average
23.39%
Excellent
3.62%
Average
0.19%
62.7/100
252
₹5175.87
46.5
Average
9.60%
Poor
12.99%
Average
0.0
Excellent
88.05%
Excellent
80.32%
Excellent
0.00%
63.5/100
1260
₹5101.67
17.9
Average
25.96%
Excellent
34.09%
Excellent
0.0
Excellent
12.67%
Good
18.23%
Excellent
0.00%

Elnet Technologies Ltd Dividend History

Annual cash dividends paid by ELNET — dividend yield 0.56%

Financial YearDividends Paid (₹ Cr)
FY 20250.68 Cr
FY 20240.80 Cr
FY 20230.80 Cr
FY 20220.57 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Elnet Technologies Ltd Quarterly Performance

Latest quarterly metrics for ELNET — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

3.65%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

12.81%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-0.85%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

10.24%

Compounded annual net profit growth over 5 years

Elnet Technologies Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ELNET — calculated from daily price history

61RSI 14
Neutral — RSI 61

Momentum is balanced — neither overbought nor oversold.

SMA 50
328
▲ Price above SMA 50 — Short-term bullish
SMA 200
351
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
2K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Elnet Technologies Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Elnet Technologies Ltd (ELNET) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Elnet Technologies Ltd

About ELNET (Elnet Technologies Ltd)

Elnet Technologies Ltd is a pioneering force in India's IT Enabled Services (ITES) landscape, renowned for its comprehensive ecosystem designed to foster innovation and growth. Mor...e than just a provider of infrastructure, Elnet meticulously crafts integrated software technology parks, strategically located to optimize connectivity and accessibility for its clients. Within these meticulously planned environments, businesses thrive, supported by state-of-the-art facilities and a dedicated team committed to seamless operational efficiency. Elnet's reputation is built on its unwavering dedication to creating spaces where IT and BPO companies can focus on their core competencies, unburdened by logistical or technological hurdles. Central to Elnet's success is its commitment to providing a complete spectrum of development and maintenance services. Elnet nurtures its parks as dynamic hubs where ideas can germinate, mature, and flourish. Beyond physical infrastructure, Elnet curates a collaborative environment, fostering knowledge sharing and networking opportunities among its diverse clientele. The organization proactively anticipates and addresses the evolving needs of the ITES sector, continually upgrading its facilities and services to remain at the cutting edge. This forward-thinking approach allows companies within Elnet's parks to leverage the latest technologies and adapt swiftly to changing market demands, securing a competitive edge in a global arena. Since its inception, Elnet Technologies Ltd has stood as a beacon of reliability and innovation in the Indian ITES sector. Headquartered in Chennai, a vibrant technology hub, Elnet has cultivated a legacy of trust and excellence. Its strategic location enables it to tap into a rich pool of talent and resources, further bolstering its ability to deliver world-class services. Over the years, Elnet has become synonymous with fostering growth and empowering businesses in the IT and BPO industries, making it a preferred partner for companies seeking a conducive environment for expansion and success.

Company Details

Symbol:ELNET
Industry:IT Enabled Services
Sector:IT Enabled Services

Key Leadership

Ms. Unnamalai Thiagarajan
MD & Director
Ms. Duraisamy Indumathi
Chief Financial Officer
Mr. P. S. Subramanian
Assistant General Manager of Finance & Accounts

ELNET Share Price: Frequently Asked Questions

What is the current share price of Elnet Technologies Ltd?

Elnet Technologies Ltd (ELNET) trades at ₹335.45 on NSE and BSE. Market cap ₹136.30 (Cr). Educational data only.

What is the P/E ratio of Elnet Technologies Ltd?

Elnet Technologies Ltd has a P/E of 7.14x vs industry average 33.81x.

What is the Bull Run score for Elnet Technologies Ltd?

Elnet Technologies Ltd has a Bull Run score of 47.8/100 based on 25+ financial parameters.

Does Elnet Technologies Ltd pay dividends?

Elnet Technologies Ltd has a dividend yield of 0.56%. Past dividends don't guarantee future payments.

What is the ROE of Elnet Technologies Ltd?

Elnet Technologies Ltd has ROE of 11.87%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Elnet Technologies Ltd?

Elnet Technologies Ltd has debt-to-equity of 0.03.

Is Elnet Technologies Ltd a good investment?

Bull Run gives Elnet Technologies Ltd a score of 47.8/100. This is not investment advice — consult a SEBI-registered advisor.