ELANTAS

Elantas Beck India share price & financials

Price
₹9,299.45
Market cap
₹11.5k Cr
Sector
Chemicals

Quarterly results

Q1 FY27: revenue up 34.8%, net profit up 82.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue184 197 206 210 217 +18%215 +9%222 +8%283 +35%
EBITDA33 35 40 40 47 +42%45 +29%43 +8%82 +105%
Net profit31 30 33 39 36 +16%39 +30%31 −6%71 +82%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +32.0% 1Y

₹8k₹10k₹12k₹14kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹10,990.8 on 10 Sept 2025 → ₹14,513. High ₹14,513 (11 Sept 2026), low ₹7,414.25 (23 Mar 2026).

Financials, as filed

Revenue grew 11.8% a year over 2 years, FY23 to FY25. Operating margin narrowed to 20.3%.

Year endingFY23FY24FY25
Revenue₹679 Cr₹749 Cr₹848 Cr
Operating profit₹144 Cr₹145 Cr₹172 Cr
Operating margin21.2%19.4%20.3%
Interest₹0 Cr₹0 Cr₹0 Cr
Depreciation₹12 Cr₹15 Cr₹22 Cr
Net profit₹137 Cr₹140 Cr₹147 Cr
Net margin20.2%18.7%17.3%
Cash from operations₹133 Cr₹63 Cr₹127 Cr
Free cash flow₹121 Cr₹-82 Cr₹96 Cr
ROCE28.0%23.0%21.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY20FY21FY22FY23FY24FY25
Equity capital₹8 Cr₹8 Cr₹8 Cr₹8 Cr₹8 Cr₹8 Cr
Reserves₹434 Cr₹497 Cr₹591 Cr₹724 Cr₹859 Cr₹1.0k Cr
Borrowings₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other liabilities₹95 Cr₹114 Cr₹119 Cr₹149 Cr₹148 Cr₹158 Cr
Total liabilities₹536 Cr₹618 Cr₹717 Cr₹881 Cr₹1.0k Cr₹1.2k Cr
Fixed assets₹103 Cr₹98 Cr₹98 Cr₹99 Cr₹223 Cr₹240 Cr
Capital work in progress₹18 Cr₹19 Cr₹13 Cr₹17 Cr₹19 Cr₹8 Cr
Investments₹218 Cr₹261 Cr₹356 Cr₹517 Cr₹379 Cr₹592 Cr
Other assets₹198 Cr₹240 Cr₹250 Cr₹247 Cr₹395 Cr₹326 Cr
Total assets₹536 Cr₹618 Cr₹717 Cr₹881 Cr₹1.0k Cr₹1.2k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −0.12 pp while DIIs added +0.11 pp. The shareholder count grew 5% to 9,155.

Promoters
75.0%
FIIs
0.1%
DIIs
12.3%
Public
12.7%

Since Jun 2025

  • Public −0.12 pp
  • DIIs +0.11 pp
  • FIIs +0.01 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 0.7%, DIIs 11.7%, Public 12.5%.Dec '23: Promoters 75.0%, FIIs 0.7%, DIIs 11.8%, Public 12.5%.Mar '24: Promoters 75.0%, FIIs 0.7%, DIIs 11.9%, Public 12.4%.Jun '24: Promoters 75.0%, FIIs 0.7%, DIIs 11.9%, Public 12.4%.Sep '24: Promoters 75.0%, FIIs 0.7%, DIIs 11.9%, Public 12.4%.Dec '24: Promoters 75.0%, FIIs 0.7%, DIIs 11.7%, Public 12.6%.Mar '25: Promoters 75.0%, FIIs 0.5%, DIIs 11.7%, Public 12.8%.Jun '25: Promoters 75.0%, FIIs 0.0%, DIIs 12.2%, Public 12.8%.Sep '25: Promoters 75.0%, FIIs 0.0%, DIIs 12.2%, Public 12.8%.Dec '25: Promoters 75.0%, FIIs 0.0%, DIIs 12.2%, Public 12.8%.Mar '26: Promoters 75.0%, FIIs 0.0%, DIIs 12.3%, Public 12.7%.Jun '26: Promoters 75.0%, FIIs 0.1%, DIIs 12.3%, Public 12.7%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Elantas Beck India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Elantas Gmbh 75.00%unchanged
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund Mutual fund8.42%unchanged
Tata Mutual Fund- Tata Small Cap Fund Mutual fund3.83%unchanged
Anmol Sekhri Consultants Private Limited 1.02%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in ELANTAS

Filings to Aug 2026

0 new, 1 added, 0 trimmed, 0 sold out — net +0.10 L shares (+1.5%).

Held by funds
₹786 Cr
1 schemes
Biggest holder
Nippon India Small Cap Fund
₹786 Cr · 0.9% of that fund
SchemeHoldingLast month
Nippon India Small Cap Fund Nippon India Mutual Fund₹786 Cr+0.10 L

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

1 added, 0 trimmed — net +10,000 shares (+1.5%)

Funds are sitting on
+175%
vs est. average cost
Held by funds
₹786 Cr
1 schemes · ≈ 5.5% of the company

Shares held by these funds +9%

Aug '23 6.68 L shares Jul '26

What the price assumes

Growth trap

To justify its price of ₹14513, this stock must grow earnings at 38% every year for 7 years. Our analysis caps realistic growth at ~1%. At that growth it is worth ₹2102 — downside of 86%.

Growth the price implies
38.3% a year
for 7 years, fading to 4%
It has actually compounded at
0.3% a year
net profit, FY24–FY26 · EPS 0.6%
The gap
0.4 pp
-86% downside if it only repeats history
Price today ₹14,513 Value at the reference growth ₹2,102.24

Change the assumptions yourself →

Learn to analyse Elantas Beck India Limited

Guides on how to read this kind of business and the numbers that matter.