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- ELNET
ELNET
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Popular questions
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Shareholdings
What does Elnet Technologies do?
Elnet Technologies Ltd specializes in developing and managing Software Technology Parks, offering infrastructure services to Software and BPO companies, and pioneering the concept of Software Technology Parks in India.
Who are the competitors of Elnet Technologies?
Elnet Technologies major competitors are Olatech Solutions, CG-VAK Soft.&Exports, Kati PatangLifestyle, Xelpmoc Design, Avance Technology, MPS Infotecnics, Take Solutions. Market Cap of Elnet Technologies is ₹139 Crs. While the median market cap of its peers are ₹131 Crs.
Is Elnet Technologies financially stable compared to its competitors?
Elnet Technologies seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Elnet Technologies pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Elnet Technologies latest dividend payout ratio is 3.89% and 3yr average dividend payout ratio is 5.36%
How has Elnet Technologies allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Elnet Technologies balance sheet?
Balance sheet of Elnet Technologies is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Elnet Technologies improving?
The profit is oscillating. The profit of Elnet Technologies is ₹16.87 Crs for TTM, ₹17.49 Crs for Mar 2024 and ₹13.69 Crs for Mar 2023.
Is the debt of Elnet Technologies increasing or decreasing?
Yes, The debt of Elnet Technologies is increasing. Latest debt of Elnet Technologies is -₹111.06 Crs as of Sep-24. This is greater than Mar-24 when it was -₹218.74 Crs.
Is Elnet Technologies stock expensive?
Yes, Elnet Technologies is expensive. Latest PE of Elnet Technologies is 8.25, while 3 year average PE is 6.36. Also latest EV/EBITDA of Elnet Technologies is 1.82 while 3yr average is 1.81.
Has the share price of Elnet Technologies grown faster than its competition?
Elnet Technologies has given better returns compared to its competitors. Elnet Technologies has grown at ~42.18% over the last 2yrs while peers have grown at a median rate of -9.52%
Is the promoter bullish about Elnet Technologies?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Elnet Technologies is 52.85% and last quarter promoter holding is 52.85%.
Are mutual funds buying/selling Elnet Technologies?
There is Insufficient data to gauge this.