Case study

ELANTAS

ELANTAS Beck India Limited

Mixed signals1y model +5.9%

Each stock's 10,000-path forecast, rendered as light.

45Score

ELANTAS Beck India Limited (ELANTAS) Stock Analysis & Case Study

Is ELANTAS a good buy? The data-driven verdict.

ELANTAS Beck India Limited (ELANTAS) trades at ₹12,312,on the numbers it mixed signals, a Downstox Snapshot Score of 45/100.

On the numbers, ELANTAS Beck India Limited (ELANTAS) mixed signals, a Downstox Snapshot Score of 45/100, weighing expensive at 55.0× earnings, ROE of 15.7%, a 56% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

ELANTAS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹9,761 Cr
Current price
₹12,312
P/E ratio
55.0×
P/B ratio
8.84×
Book value
₹1,393
Dividend yield
0.06%
ROCE
21.2%
ROE
15.7%
Piotroski F-Score
6/8

How ELANTAS ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for ELANTAS, as of 9 Aug 2026, so it is not ranked here.

Is ELANTAS overvalued? ELANTAS P/E vs peers

ELANTAS trades at 55.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

ELANTAS share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ELANTAS history (21%/yr drift, 41%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
ELANTAS 2027₹7,804₹13,058₹21,850+6%
ELANTAS 2028₹6,666₹13,835₹28,713+12%
ELANTAS 2029₹5,980₹14,658₹35,926+19%
ELANTAS 2030₹5,553₹15,529₹43,429+26%
ELANTAS 2031₹5,175₹16,453₹52,308+33%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability ELANTAS goes up, or doubles?

56%
Higher in 1 year
Modelled chance the price is above today in 12 months
62%
Higher in 5 years
Modelled chance the price is above today in 5 years
33%
Doubles in 5 years
Modelled chance of reaching ₹24,650 within 5 years

The bull case for ELANTAS

  • ELANTAS's return on equity of 15.7% ranks in the 74th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • ELANTAS's return on capital employed of 21.2% ranks in the 82nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹35,926.

The bear case & risks

  • ELANTAS's P/E of 55.0x is lower than 24% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 8.8× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹5,980.

ELANTAS volatility & expected range, how bumpy is the ride?

Over the last 9.8 years ELANTAS compounded at 21%/year with annualized volatility of 41%. That volatility implies a 1-year 80% range of ₹7,804-₹21,850, the honest backbone behind any single price target.

ELANTAS price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
5.9%
80% range₹7,804-₹21,850
P(price ↑)56%
P(price 2×)6%
3-Year Forecast
2029
₹0
Median (P50)
18.9%
80% range₹5,980-₹35,926
P(price ↑)60%
P(price 2×)23%
5-Year Forecast
2031
₹0
Median (P50)
33.5%
80% range₹5,175-₹52,308
P(price ↑)62%
P(price 2×)33%

ELANTAS price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
ELANTAS simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds ELANTAS hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the ELANTAS price target & forecast page.

ELANTAS Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ELANTAS scores 6/8, mixed financial health.

ELANTAS MTF margin & leverage across 4 brokers

Margin Trading Facility lets you buy ELANTAS with part of the capital. Lower margin % = higher leverage. Rates compared across 4 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
Zerodha50.00%2.0×
Pocketful50.00%2.0×
Share IndiaCHEAPEST32.54%3.1×

Compare every broker on the ELANTAS MTF page.

About ELANTAS Beck India Limited: sector, index & market-cap context

ELANTAS Beck India Limited (ELANTAS) is a small-cap NSE-listed company, with a market capitalisation of ₹9,761 Cr. See more stocks on our screener.

How the ELANTAS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of ELANTAS Beck India Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

ELANTAS analysis, FAQs

Is ELANTAS Beck India Limited (ELANTAS) a good buy?

On the numbers, ELANTAS Beck India Limited (ELANTAS) mixed signals, a Downstox Snapshot Score of 45/100, weighing expensive at 55.0× earnings, ROE of 15.7%, a 56% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is ELANTAS overvalued or undervalued?

ELANTAS trades at 55.0× earnings, expensive versus the ~22× long-run Nifty average.

What is the ELANTAS share price target for 2031?

ELANTAS's probability-weighted 2031 median target is ₹16,453, with an 80% range of ₹5,175-₹52,308 (10,000-path Monte-Carlo).

What is the probability ELANTAS doubles in 5 years?

The modelled probability of ELANTAS reaching ₹24,650 (2×) within 5 years is 33%.

What is the bull case for ELANTAS?

ELANTAS's return on equity of 15.7% ranks in the 74th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. ELANTAS's return on capital employed of 21.2% ranks in the 82nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in ELANTAS?

ELANTAS's P/E of 55.0x is lower than 24% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 8.8× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on ELANTAS