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Elin Electronics Ltd Stock performance
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KEY OBSERVATIONS

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noteAnnual Revenue,rose 14.06%, in the last year to ₹1,198.55 Cr. Its sector's average revenue growth for the last fiscal year was 22.21%.
noteAnnual Net Profit,rose 111.34% in the last year to ₹29.32 Cr. Its sector's average net profit growth for the last fiscal year was 13.82%.
notePrice to Earning Ratio,is 30.48, lower than its sector PE ratio of 56.44.
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LONG-TERM PRICE ANALYSIS

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Elin Electronics Limited is a leading electronics manufacturing services (EMS) manufacturer of end-to-end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India, and is one of the largest fractional horsepower motors manufacturers in India. In addition, it is one of the key players in LED lighting and flashlight and is also one of the key players in small appliances vertical. The company manufactures and assembles a wide array of products and provides end-to-end product solutions. It serves under both original equipment manufacturers (OEM) and original design manufacturer (ODM) business models. Under the OEM model, it manufactures and supply products basis designs developed by its customers, who then further distribute these products under their own brands.
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