Elnet Technologies share price, P/E, ROE & financials

Elnet Technologies (BSE: ELNET) had a P/E of 5.9× on 6 Nov 2026, below the industry P/E of 13.8×, and the shares are 21% below their 52-week high. It earns ROCE of 14% and ROE of 12%, and sales fell 0.7% a year over 3 years while net profit grew 14%, though net profit is above operating profit, which points to a one-off gain. It has almost no debt, and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹119 Cr, ranked 9th of 14 Real Estate (Diversified) companies by market cap; the shares fell 19% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹297.00
Day high: ₹297.00
Day low: ₹297.00
Prev. close: ₹298.40
Volume: 188

Health check

1 good · 2 fair · 2 to check

ReturnsBehind
−19.1% over a year, better than 2 of 7 peers.
Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
GrowthSteady
Sales −0.7%, profit +13.6% a year over 3 years.
ProfitabilityAverage
ROCE 14.2% vs peer median 8.8%.
Balance sheetSolid
Practically debt-free, Piotroski 6 of 9.
Red flags1 to check
Net profit is above operating profit, so a one-off gain is likely flattering earnings.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Real Estate - Diversified

13 listed peers. Screen the industry

Small cap

₹119 Cr, #9 of 14 in its industry by size.

Defensive

Beta 0.45 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹26 Cr · profit ₹20 Cr

Market cap: ₹119 Cr; Small cap
P/E: 5.9; Industry 13.8
Price to book: 0.68; Peers 1.80
Dividend yield: 0.67%
ROE: 12.1%; Peers 5.0%
ROCE: 14.2%; Peers 8.8%
Debt to equity: 0.02; Debt ₹4.26 Cr
EPS (TTM): ₹50.26
OPM (TTM): 67.5%; Net margin 78.5%
Sales growth: +10.8%; Latest quarter vs a year ago
Profit growth: +0.1%; Latest quarter vs a year ago
Price to sales: 4.64; EV/EBITDA 1.9

Strengths

Practically debt-free.

Risks to check

Net profit is above operating profit, so a one-off gain is likely flattering earnings.

Derived automatically from reported figures. Not a recommendation.

About Elnet Technologies

Elnet Technologies Limited engages in the provision of development and maintenance services for integrated software technology parks and business process outsourcing industries in India. It provides infrastructure services to information technology and information technology enabled services industry companies. The company was incorporated in 1990 and is based in Chennai, India.

Headquarters: Chennai
Employees: 10
Sector: Real Estate
ISIN: INE033C01019
Website: elnettechnologies.com

Price range

52 weeks

₹285.05₹374.55

Today

₹297.00₹297.00

Avg volume (3M): 2K
1-year return: minus 19.1%
From 52-week high: minus 20.7%

Peers · Real Estate - Diversified

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
PHOENIXLTDPhoenix Mills	2,154.90	plus 1.36%	77,079	59.0	30.4	11.8%	60.2%	0.54	18.4%	plus 20.3%
PRESTIGEPrestige Estates Projects	1,629.00	minus 0.85%	70,166	75.2	22.7	12.5%	28.2%	1.05	15.2%	minus 5.9%
EMBDLEmbassy Developments	51.71	minus 2.29%	7,359	–	–	−2.5%	−38.2%	0.53	66.4%	minus 42.9%
HEMIPROPHemisphere Properties India	109.58	minus 1.81%	3,124	–	–	−1.1%	−960.1%	0.20	−20.9%	minus 19.0%
UNITECHUnitech	3.87	minus 1.02%	1,013	–	–	–	2.0%	–	8.5%	minus 44.3%
PROZONERProzone Realty	53.73	minus 1.16%	820	244.2	17.3	5.7%	30.7%	1.35	4.1%	minus 19.0%
VEEGALANDVeegaland Developers	137.58	minus 0.30%	671	20.3	19.0	14.0%	17.2%	0.32	32.1%	minus 6.0%
ELNETElnet Technologies	297.00	minus 0.47%	119	5.9	2.0	14.2%	67.5%	0.02	−0.7%	minus 19.1%
Median of 7 peers	–	−1.02%	3,124	67.1	20.8	8.8%	17.2%	0.54	15.2%	−19.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
6.1	6.2	6.5	6.2	6.7
2.3	2.1	2.1	1.8	2.3
3.8	4.1	4.3	4.3	4.5
62.1%	66.4%	67.3%	70.2%	66.4%
2.6	2.9	2.6	3.1	2.8
0.1	0.1	0.2	0.2	0.2
0.4	0.5	0.5	0.2	0.4
5.9	6.4	6.3	7	6.6
14.5%	21.6%	20.0%	28.1%	23.5%
5	5	5	5	5
12.55	12.56	12.57	12.56	12.57

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −0.7%
Profit CAGR 3Y: +13.6%
EPS CAGR 3Y: +13.6%
ROE: 12.1%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
20.3	21.3	18.4	19.8
–	+4.9%	minus 13.4%	+7.8%
4.5	3.7	3.7	3.2
15.8	17.6	14.7	16.6
77.9%	82.6%	80.1%	83.6%
6	8.3	10.2	11.2
0.6	0.7	0.5	0.7
2.6	1.6	1.6	1.5
0.1	–	–	–
18.7	23.5	22.9	25.5
26.7%	25.7%	23.3%	21.3%
13.7	17.5	17.6	20.1
–	+27.7%	+0.3%	+14.5%
34.24	43.73	43.88	50.23

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
4	4	4	4
119	135	152	172
4.3	4.3	4.3	4.3
17	15.4	14.4	15.8
144	159	175	196
22.2	21.9	22.6	23.2
–	–	0.1	0.2
69.8	9.7	12.2	65.8
34.7	111	130	90
17.2	16.1	10.2	16.4
144	159	175	196

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
14.1	−62	5	34
−14.8	66.3	5.7	−46.7
−0.8	−0.8	−0.7	−0.8
−1.5	3.5	10	−13.5
−2	−1.3	−2.4	−2.1
12.1	−63.3	2.7	31.9
−0.8	−0.8	−0.7	−0.8

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you