Elpro International share price & results
- Jun 2026
- Sept 2026
Mumbai-based firm with Pune real estate, GE-licensed surge-arrester manufacturing, and a PNB MetLife stake.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 33.3 | −11.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 46.6 | +19.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 9.2 | −56.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 6.34 | +1.3 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -10.04 | +3.3 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 53.24 | −16.4 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +92.5% 1Y
1Y: ₹86.51 on 24 Oct 2025 → ₹166.5. High ₹180.06 (7 Aug 2026), low ₹75.03 (2 Feb 2026).
- Previous close
- ₹164.11
- Market cap
- ₹2.8k Cr
- 52-week range
- ₹75.03 – ₹180.06
- One year
- +92.80%
- Price to earnings (TTM to Jun 2026)
- 21.56×
- Return on equity (TTM to Jun 2026)
- 6.34%
Overview
- Symbol
- NSE:ELPROINTL
- Sector
- Realty
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Elpro International Limited does
Based on the company's own presentations, annual report and earnings calls.
Elpro International operates across three distinct verticals: real estate development and leasing on its land bank in Pimpri-Chinchwad, Pune; manufacture of high- and low-voltage surge arresters, zinc oxide discs and surge-protection devices under GE-licensed technology at its Chinchwad works; and a minority equity investment in PNB MetLife Insurance, a life-insurance joint venture between MetLife Inc. and Punjab National Bank. The real-estate arm monetises its holding through outright sale of residential and mall space alongside long-term lease of office, industrial and factory-rooftop area, while the manufacturing arm supplies surge-protection equipment to power generation and distribution, railway, telecom, solar and wind-energy customers. Manufacturing operations at the company commenced in 1962.
Segments
- Real Estate
- Surge Arresters (Electrical Equipment)
- Investments
- Total real-estate land bank
- 1,18,770 sq. mts (~29 acres) in Pimpri-Chinchwad, Pune
- Open land available for future development
- 34,459 sq. mts
- Industrial/factory plot area
- 27,501 sq. mts
- Real estate project uses
- Residential towers, commercial mall, office buildings, a school and factory space
- Manufacturing plant location
- Elpro Compound, Chinchwad, Pune — operations commenced in 1962
- Manufacturing technology
- Only company outside the United States licensed to manufacture surge arresters and zinc oxide discs using GE technology
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −56% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 114 | 28 | 39 | 38 | 39 | 33 | 60 | 33 |
| Expenses | 103 | 19 | 27 | 27 | 29 | 24 | 39 | 18 |
| Operating profit | 11 | 9 | 13 | 10 | 10 | 9 | 21 | 16 |
| Operating margin | 9.8% | 32.0% | 32.1% | 27.4% | 26.1% | 27.0% | 34.4% | 46.6% |
| Other income | 25 | 25 | 6 | 26 | 19 | 26 | 14 | 23 |
| Interest | 13 | 18 | 21 | 22 | 24 | 25 | 26 | 26 |
| Depreciation | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 2 |
| Profit before tax | 21 | 13 | -5 | 12 | 3 | 7 | 6 | 11 |
| Tax rate | −6.1% | 23.6% | −69.3% | −78.8% | 46.2% | 27.2% | 11.9% | 13.8% |
| Net profit | 23 | 10 | -2 | 21 | 1 | 5 | 5 | 9 |
| EPS (₹ per share) | 1.33 | 0.60 | -0.09 | 1.24 | 0.08 | 0.32 | 0.32 | 0.54 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 123 | 112 | 209 | 169 |
| Expenses | 78 | 68 | 165 | 119 |
| Operating profit | 45 | 44 | 44 | 50 |
| Other income | 30 | 41 | 64 | 85 |
| Interest | 5 | 25 | 63 | 96 |
| Depreciation | 4 | 5 | 8 | 11 |
| Profit before tax | 67 | 54 | 36 | 28 |
| Net profit | 49 | 47 | 38 | 33 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 1,210 | 1,237 | 1,540 | 1,941 | 2,007 | 2,084 |
| Borrowings | 56 | 128 | 368 | 942 | 1,037 | 1,077 |
| Other liabilities | 92 | 121 | 147 | 341 | 408 | 316 |
| Total liabilities | 1,374 | 1,503 | 2,072 | 3,242 | 3,469 | 3,495 |
| Fixed assets | 193 | 418 | 456 | 620 | 798 | 688 |
| Capital work in progress | 0 | 0 | 0 | 6 | 58 | 31 |
| Investments | 1,071 | 842 | 1,477 | 2,341 | 2,423 | 2,291 |
| Other assets | 110 | 242 | 139 | 275 | 191 | 486 |
| Total assets | 1,374 | 1,503 | 2,072 | 3,242 | 3,469 | 3,495 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 16 | -162 | 30 | 11 | 56 | -35 |
| Cash from investing | 20 | 387 | -133 | -216 | -536 | 31 |
| Cash from financing | -33 | -185 | 60 | 205 | 481 | 39 |
| Net cash flow | 3 | 40 | -43 | 0 | 1 | 35 |
| Free cash flow | 14 | -164 | -200 | -32 | -122 | -138 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 70 | 62 | 68 | 22 | 11 | 10 |
| Inventory days | — | — | — | — | 3 | 8 |
| Days payable | — | — | — | — | 34 | 76 |
| Cash conversion cycle | 70 | 62 | 68 | 22 | -20 | -58 |
| Working capital days | -246 | -308 | 86 | -400 | -848 | -1019 |
| Return on capital employed | 7.0% | 14.0% | 4.0% | 5.0% | 4.0% | 4.0% |
| Dividend payout | 0.0% | 0.0% | 9.0% | 22.0% | 31.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Trading activity contributes 69.6% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Trading activity 69.6%
₹96.55 crore
- Real estate 29.3%
₹40.67 crore
- Electrical equipments 0.9%
₹1.30 crore
- Others 0.1%
₹0.17 crore
- Investment activity 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Trading activity | 96.55 | 69.6% |
| Real estate | 40.67 | 29.3% |
| Electrical equipments | 1.30 | 0.9% |
| Others | 0.17 | 0.1% |
| Investment activity | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹138.70 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹138.70 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Each segment’s share of reported revenue, quarter by quarter.
| Segment | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Trading activity | — | — | 55% | 71% | 36% | 80% | 77% | 70% | +37.1% |
| Real estate | — | — | — | 28% | — | — | — | 29% | +47.4% |
| Electrical equipments | — | — | — | 2% | — | — | — | 1% | -14.2% |
| Others | <1% | <1% | <1% | <1% | 1% | <1% | <1% | <1% | -12.0% |
| Investment activity | — | — | 0% | 0% | 0% | 0% | 0% | 0% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 93.02% as of Sept 2026; institutions cut 7.10 pts since Jun 2026.
- Promoters 93.02%
- Foreign institutions 0.00%
- Domestic institutions 0.01%
- Public 6.97%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 18.02% held
The same filing shows 0 holders trimming and 4 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Elpro International Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 67.88% | unchanged | |
| 18.02% | newly disclosed | |
| 6.85% | unchanged | |
| 1.69% | unchanged | |
| 0.23% | unchanged | |
| 0.03% | unchanged | |
| FPI fund | — | off the list |
| FPI fund | — | off the list |
| FPI fund | — | off the list |
| — | off the list |
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.
Your own record
Start an Inve Case for Elpro International Limited
Free account: one company. Everything above stays public.
Write why you follow Elpro International Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Realty companies
Learn to analyse Elpro International Limited
Guides on how to read this kind of business and the numbers that matter.







