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    Elantas Beck

    Makes wire enamels, impregnating resins and electrical insulation materials; India unit of ALTANA AG.

    Chemicals
    Commodities
    ₹10,658.25
    +13.22% from avg

    Overview

    Price

    ₹10,658.25

    Market Cap

    ₹7.6k Cr

    Sector

    Chemicals

    Commodities

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital88888888
    Reserves3764344975917248599251.0k
    Borrowings00000000
    Other Liabilities7295114119149148163158
    Total Liabilities4565366187178811.0k1.1k1.2k
    AssetsFixed Assets110103989899223232240
    CWIP101819131719188
    Investments160218261356517379527592
    Other Assets176198240250247395319326
    Total Assets4565366187178811.0k1.1k1.2k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating334879298313363127
    Cash from Investing-32-40-69-33-76-13278-194
    Cash from Financing-4-5-4-4-5-5-5-6
    SummaryCapital Expenditure
    Free Cash Flow1036633786121-8296
    FCF Margin

    Valuation

    Assumptions

    Current — 500123
    Price
    ₹10,658
    EPS (TTM)
    ₹184.16
    PE (TTM)
    57.9
    Profit growth
    11.7%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (51.4×) and current (57.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹10,658
    vs
    Fair value · 15% return
    ₹7,084
    34%Overvalued

    At 11.7% growth and a 51× exit, ₹10658 only delivers your return if you pay ₹7,084. The price is currently baking in 20% growth.

    EPS grows 11.7%/yr for 5 years, then fades to 6% over 2, exits at 51×.

    YearGrowthEPS (₹)
    FY2711.7%205.71
    FY2811.7%229.77
    FY2911.7%256.66
    FY3011.7%286.69
    FY3111.7%320.23
    FY328.8% ·fade348.57
    FY336.0% ·fade369.48

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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