Case study

ELIN

Elin Electronics Limited

Tread carefully1y model -1.6%

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

34Score

Elin Electronics Limited (ELIN) Stock Analysis & Case Study

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

Elin Electronics Limited (ELIN) trades at ₹97,on the numbers it tread carefully, a Downstox Snapshot Score of 34/100.

On the numbers, Elin Electronics Limited (ELIN) tread carefully, a Downstox Snapshot Score of 34/100, weighing premium at 28.0× earnings, ROE of 4.3%, a 49% 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.

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

Market cap
₹480 Cr
Current price
₹97
P/E ratio
28.0×
P/B ratio
0.86×
Book value
₹112
ROCE
6.8%
ROE
4.3%
Piotroski F-Score
4/8

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

Is ELIN overvalued? ELIN P/E vs peers

ELIN trades at 28.0× 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.

ELIN 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 3.5y of ELIN history (-24%/yr drift, 49%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
ELIN 2027₹50₹95₹179-2%
ELIN 2028₹39₹93₹224-3%
ELIN 2029₹32₹92₹264-5%
ELIN 2030₹27₹90₹304-6%
ELIN 2031₹22₹89₹355-8%

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

What is the probability ELIN goes up, or doubles?

49%
Higher in 1 year
Modelled chance the price is above today in 12 months
47%
Higher in 5 years
Modelled chance the price is above today in 5 years
24%
Doubles in 5 years
Modelled chance of reaching ₹193 within 5 years

The bull case for ELIN

  • Low price-to-book of 0.86×, the market is paying little over the company's net assets.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹264.

The bear case & risks

  • ELIN's P/E of 28.0x is lower than 49% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • ELIN's return on equity of 4.3% ranks in the 27th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • High historical volatility (49%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹32.

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

Over the last 3.5 years ELIN compounded at -24%/year with annualized volatility of 49%. That volatility implies a 1-year 80% range of ₹50-₹179, the honest backbone behind any single price target.

ELIN price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 3.5 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)
1.6%
80% range₹50-₹179
P(price ↑)49%
P(price 2×)8%
3-Year Forecast
2029
₹0
Median (P50)
4.8%
80% range₹32-₹264
P(price ↑)48%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
7.8%
80% range₹22-₹355
P(price ↑)47%
P(price 2×)24%

ELIN price probability fan

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

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

Probability of key outcomes

What are the odds ELIN 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 ELIN price target & forecast page.

ELIN Piotroski F-Score: 4/8, how financially strong is it?

4/8

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. ELIN scores 4/8, mixed financial health.

ELIN MTF margin & leverage across 6 brokers

Margin Trading Facility lets you buy ELIN with part of the capital. Lower margin % = higher leverage. Rates compared across 6 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Zerodha50.00%2.0×
GrowwCHEAPEST37.24%2.7×
Dhan50.00%2.0×
Kotak Neo100.00%1.0×
Pocketful50.00%2.0×
Share IndiaCHEAPEST37.24%2.7×

Compare every broker on the ELIN MTF page.

About Elin Electronics Limited: sector, index & market-cap context

Elin Electronics Limited (ELIN) is a small-cap NSE-listed company, with a market capitalisation of ₹480 Cr. See more stocks on our screener.

How the ELIN Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Elin Electronics 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.

ELIN analysis, FAQs

Is Elin Electronics Limited (ELIN) a good buy?

On the numbers, Elin Electronics Limited (ELIN) tread carefully, a Downstox Snapshot Score of 34/100, weighing premium at 28.0× earnings, ROE of 4.3%, a 49% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is ELIN overvalued or undervalued?

ELIN trades at 28.0× earnings, premium versus the ~22× long-run Nifty average.

What is the ELIN share price target for 2031?

ELIN's probability-weighted 2031 median target is ₹89, with an 80% range of ₹22-₹355 (10,000-path Monte-Carlo).

What is the probability ELIN doubles in 5 years?

The modelled probability of ELIN reaching ₹193 (2×) within 5 years is 24%.

What is the bull case for ELIN?

Low price-to-book of 0.86×, the market is paying little over the company's net assets.

What are the risks in ELIN?

ELIN's P/E of 28.0x is lower than 49% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. ELIN's return on equity of 4.3% ranks in the 27th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (49%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on ELIN