Elin Electronics Limited was originally incorporated on March 26, 1982 as a private limited company with the name Elin Electronics Private Limited granted by the RoC, West Bengal at Kolkata. Subsequently, name of the Company was changed to Elin Electronics Limited upon conversion into a Public Limited Company on November 22, 1987.The Company is a leading Electronics Manufacturing Services (EMS) manufacturer of endto end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India, and are one of the largest fractional horsepower motors manufacturers in India. The Company manufacture and assemble a wide array of products and provide endtoend product solutions. It serve under both original equipment manufacturer (OEM) and original design manufacturer (ODM) business models. Under the OEM model, it manufacture and supply products basis designs developed by customers, who then further distribute these products under their own brands. Under the ODM model, it conceptualize and design products which are then marketed to customers prospective customers under their brands. Besides these, the Company has developed ODM capabilities with respect to lighting products and small appliances.Their key diversified product portfolio in EMS includes (i) LED lighting, fans and switches including lighting products, ceiling, fresh air and TPW fans, and modular switches and sockets (ii) small appliances such as dry and steam irons, toasters, hand blenders, mixer grinders, hair dryer and hair straightener (iii) fractional horsepower motors, which is used in mixer grinder, hand blender, wet grinder, chimney, air conditioner, heat convector, TPW fans etc. and (iv) other miscellaneous products such as terminal block for air conditioners, stainless steel blade for mixer grinders, die casting, radio sets. In addition to EMS offerings, the Company also manufacture medical diagnostic cartridges for use in diagnostic devices, and plastic moulded and sheet metal parts and components, largely for customers in the auto ancillary and consumer durables sectors. It manufacture and sell fractional horsepower motors in own brand name Elin.Apart from these, the Company offer innovative solutions to our customers, which include leading international and national consumer electronics brands. Their comprehensive solution suite includes global sourcing, fabrication of components and parts, captive manufacturing and assembly, quality testing, packaging and logistics support, which enables the customer to partner with leading consumer electronics and appliances brands in India. The Company has 3 manufacturing facilities which are strategically located in Ghaziabad (Uttar Pradesh), Baddi (Himachal Pradesh) and Verna (Goa). The Companys manufacturing facilities are equipped with high quality machinery, assembly lines and full power backup for 100% capacity that enable to meet the quality requirements of customers in a timely manner. In line to provide endtoend product solutions and develop better control on the supply chain and improve margins, the Company has backward integrated major manufacturing processes. It has developed inhouse capabilities in SMT lines, die and mold manufacturing, injection molding, sheet metal components, semiautomated motor assembly, testing labs and surface coating. In 1969, the Company established their manufacturing operations for Electronic Industries of India. In 1977, it commenced manufacturing of motors as a backward integration.In 1996, it set up plants in Goa for manufacturing appliances for Philips.In 1999, it started manufacturing of small appliances.In 2001, it diversified into various categories of motors and started manufacturing luminaires for Philips.In 2004, a plant set up in Baddi for manufacturing appliances was opened. The Company subsequently progressed into manufacturing of flashlights for Eveready Industries India Limited in 2007. In 2019, the Company started manufacturing fans and commenced production facilities of medical diagnostic cartridges.
What is the current share price of Elin Electronics Ltd today on both NSE and BSE?
Elin Electronics Ltd shares are currently priced at 162.35 on NSE and 162.15 on BSE as of 5/18/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has Elin Electronics Ltd [ELIN] shares performed in the past ?
The past 1-year return of Elin Electronics Ltd [ELIN] share was 19.41. The Elin Electronics Ltd [ELIN] share hit a 1-year low of Rs. 129.3 and a 1-year high of Rs. 194.35.
What is the market cap of Elin Electronics Ltd [ELIN] ?
The market cap of Elin Electronics Ltd is Rs. 826.33 Cr. as of 5/18/2024 12:00:00 AM.
What is the current P/E ratio of Elin Electronics Ltd [ELIN] share price ?
The PE ratios of Elin Electronics Ltd is 77.14 as of 5/18/2024 12:00:00 AM.
What is the current PB ratio of Elin Electronics Ltd [ELIN] share price ?
The PB ratios of Elin Electronics Ltd is 1.91 as of 5/18/2024 12:00:00 AM
What is the Mutual Fund shareholding in Elin Electronics Ltd?
The Mutual Fund Shareholding was 9.91% at the end of 5/18/2024 12:00:00 AM.
How can I buy Elin Electronics Ltd shares?
You can easily buy Elin Electronics Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.