Cash flow Elnet Technologies Limited

Stocks

ELNET

INE033C01019

Real Estate Development & Operations

Market Closed - Bombay S.E. 06:02:21 2026-09-17 EDT			5-day change	1st Jan Change
302.50 ^INR	-1.77%		-1.94%	-15.31%

08-13	Elnet Technologies Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
08-12	Elnet Technologies Limited announces Annual dividend, payable on October 17, 2026	CI

0a7fb842dc2a9f989308f66.1gH0ZwoXBJULffOpcLSJmEgAmR_coHHlBFqJlBHOOXg.lHnACT5cbqZlDrTNFffYqwFf1VGN6T6PTG787WumfDGkW7sNYU0xyiY3tg

Published financial data: ELNET TECHNOLOGIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Other Revenues, Total	221M	246M	261M	230M	249M
Total Revenues	221M	246M	261M	230M	249M
Property Expenses	11.04M	15.02M	11.43M	8.49M	8.05M
Selling General & Admin Expenses, Total	1.65M	3.84M	1.65M	1.72M	1.63M
Depreciation & Amortization - (IS) - (Collected)	34.13M	25.61M	16.48M	15.99M	15.43M
Other Operating Expenses	51.06M	69.44M	72.8M	72.78M	73.85M
Total Operating Expenses	97.87M	114M	102M	98.98M	98.96M
Operating Income (REIT / Utility Template)	123M	132M	159M	131M	150M
Interest Expense, Total	-5.02M	-6.38M	-6.58M	-4.56M	-6.8M
Interest and Investment Income	50.59M	59.44M	80.03M	96.15M	111M
Net Interest Expenses	45.57M	53.06M	73.45M	91.6M	104M
Other Non Operating Income (Expenses)	412K	460K	2.75M	6.08M	1.22M
EBT, Excl. Unusual Items	169M	186M	235M	229M	255M
Gain (Loss) on Sale of Investments	-	-	-	-	-
Gain (Loss) on Sale of Assets	404K	1.1M	-	-	-
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	169M	187M	235M	229M	255M
Income Tax Expense	43.23M	49.84M	60.43M	53.47M	54.53M
Earnings From Continuing Operations	126M	137M	175M	176M	201M
Net Income to Company	126M	137M	175M	176M	201M
Net Income - (IS)	126M	137M	175M	176M	201M
Net Income to Common Incl Extra Items	126M	137M	175M	176M	201M
Net Income to Common Excl. Extra Items	126M	137M	175M	176M	201M
Per Share Items
Net EPS - Basic	31.53	34.24	43.73	43.88	50.23
Basic EPS - Continuing Operations	31.53	34.24	43.73	43.88	50.23
Basic Weighted Average Shares Outstanding	4M	4M	4M	4M	4M
Net EPS - Diluted	31.53	34.24	43.73	43.88	50.23
Diluted EPS - Continuing Operations	31.53	34.24	43.73	43.88	50.23
Diluted Weighted Average Shares Outstanding	4M	4M	4M	4M	4M
Normalized Basic EPS	26.4	29.01	36.77	35.78	39.91
Normalized Diluted EPS	26.4	29.01	36.77	35.78	39.91
Dividend Per Share	2	2	1.7	1.9	2
Payout Ratio	4.49	5.84	4.57	3.87	3.78
Supplemental Items
EBITDA	157M	158M	176M	147M	166M
EBITA	123M	132M	159M	131M	150M
EBIT	123M	132M	159M	131M	150M
EBITDAR	158M	159M	177M	149M	167M
Total Revenues (As Reported)	272M	307M	344M	333M	361M
Effective Tax Rate - (Ratio)	25.52	26.68	25.68	23.35	21.35
Current Domestic Taxes	45.91M	48.21M	58.4M	57.24M	61.73M
Total Current Taxes	45.91M	48.21M	58.4M	57.24M	61.73M
Deferred Domestic Taxes	-2.69M	1.63M	2.04M	-3.77M	-7.2M
Total Deferred Taxes	-2.69M	1.63M	2.04M	-3.77M	-7.2M
Normalized Net Income	106M	116M	147M	143M	160M
Non-Cash Pension Expense	-17K	29K	28K	9K	59K
Supplemental Operating Expense Items
Advertising Expense	424K	2.62M	427K	494K	406K
Selling and Marketing Expenses	424K	2.62M	427K	494K	406K
Net Rental Expense, Total	1.22M	1.22M	1.22M	1.22M	1.22M
Imputed Operating Lease Interest Expense	1.15M	1.47M	1.51M	1.05M	1.56M
Imputed Operating Lease Depreciation	71.95K	-242K	-287K	178K	-338K
Maintenance & Repair Expenses, Total	11.04M	15.02M	11.43M	8.49M	8.05M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Gross Property Plant And Equipment	409M	430M	439M	463M	483M
Accumulated Depreciation	-182M	-208M	-220M	-236M	-251M
Net Property Plant And Equipment	227M	222M	219M	226M	232M
Total Real Estate Assets	227M	222M	219M	226M	232M
Cash And Equivalents	116M	100M	135M	235M	99.71M
Accounts Receivable, Total	20.5M	24.2M	25.29M	19.51M	7.09M
Other Receivables	27.75M	52.25M	48.6M	44.12M	51.17M
Investment In Debt and Equity Securities	42.35M	42.35M	42.35M	42.35M	42.35M
Other Intangibles, Total	-	-	-	-	-
Notes Receivable (Collected)	-	-	-	-	-
Other Current Assets, Total	254M	254M	986M	1.02B	811M
Deferred Tax Assets Long-Term (Collected)	877K	-627K	-2.66M	1.11M	8.31M
Other Long-Term Assets, Total	594M	745M	137M	158M	704M
Total Assets	1.28B	1.44B	1.59B	1.75B	1.96B
Liabilities
Short-Term Borrowings	42.63M	42.63M	42.63M	42.63M	42.63M
Long-Term Debt	-	-	-	-	-
Accounts Payable, Total	2.94M	6.69M	4.54M	3.63M	3.52M
Accrued Expenses, Total	3.45M	8.71M	5.27M	5.92M	4.63M
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	92.09M	64.83M	78.6M	102M	64.91M
Unearned Revenue Non Current	7.1M	15.51M	10.25M	6.23M	12.67M
Pension & Other Post Retirement Benefits	357K	-	206K	227K	174K
Deferred Tax Liability Non-Current	-	-	-	-	-
Other Non Current Liabilities	35.88M	74.58M	55.63M	26.55M	71.8M
Total Liabilities	184M	213M	197M	187M	200M
Common Stock, Total	40M	40M	40M	40M	40M
Retained Earnings	1.05B	1.17B	1.34B	1.51B	1.7B
Comprehensive Income and Other	11.84M	11.82M	12.2M	12.38M	12.35M
Total Common Equity	1.1B	1.23B	1.39B	1.56B	1.76B
Total Equity	1.1B	1.23B	1.39B	1.56B	1.76B
Total Liabilities And Equity	1.28B	1.44B	1.59B	1.75B	1.96B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4M	4M	4M	4M	4M
ECS Total Common Shares Outstanding	4M	4M	4M	4M	4M
Book Value / Share	274.35	306.58	348.4	390.63	438.95
Tangible Book Value	1.1B	1.23B	1.39B	1.56B	1.76B
Tangible Book Value Per Share	274.35	306.58	348.4	390.63	438.95
Total Debt	42.63M	42.63M	42.63M	42.63M	42.63M
Net Debt	-73.06M	-57.64M	-92.35M	-192M	-57.08M
Debt Equivalent of Unfunded Proj. Benefit Obligation	747K	613K	331K	159K	151K
Debt Equivalent Oper. Leases	9.79M	9.79M	9.79M	9.79M	9.79M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Others	-	-	-	-	-
Land - (BS)	2.35M	2.35M	2.35M	2.35M	2.35M
Machinery, Total	75.62M	89.28M	92.95M	105M	118M
Full Time Employees	14	11	9	9	10
Assets on Operating Lease - Gross	221M	222M	225M	228M	230M
Assets on Operating Lease - Accumulated Depreciation	-34.04M	-40.32M	-45.13M	-49.97M	-54.87M
Accumulated Allowance for Doubtful Accounts (Supple)	-	2.55M	700K	700K	700K

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	126M	137M	175M	176M	201M
Depreciation, Depletion & Amortization	34.13M	25.61M	16.48M	15.99M	15.43M
Total Depreciation, Depletion & Amortization	34.13M	25.61M	16.48M	15.99M	15.43M
(Gain) Loss On Sale of Asset - (CF)	-404K	-1.1M	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Total Asset Writedown	-	-	-	-	-
Provision and Write-off of Bad Debts	700K	-	-	-	-
Change in Accounts Receivable	9.66M	-3.69M	-1.09M	-5.77M	12.42M
Change in Accounts Payable	-1.41M	2.59M	-2.15M	-908K	-109K
Change in Other Net Operating Assets (Collected)	-381M	5.66M	-745M	-44.67M	223M
Other Operating Activities	-43.01M	-24.97M	-63.74M	-90.09M	-112M
Cash from Operations	-255M	141M	-620M	50.07M	340M
Acquisition of Real Estate Assets, Total	-8.24M	-19.87M	-12.99M	-23.56M	-21.01M
Sale of Real Estate Assets, Total	404K	1.1M	-	-	-
Net Sale / Acquisition of Real Estate Assets	-7.83M	-18.78M	-12.99M	-23.56M	-21.01M
Investment in Marketable and Equity Securities, Total	289M	-153M	599M	-15.71M	-546M
Other Investing Activities, Total	56.69M	23.3M	77.09M	96.08M	99.69M
Cash from Investing	338M	-148M	663M	56.82M	-467M
Common Dividends Paid	-5.67M	-8M	-8M	-6.8M	-7.6M
Common & Preferred Stock Dividends Paid	-5.67M	-8M	-8M	-6.8M	-7.6M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-5.67M	-8M	-8M	-6.8M	-7.6M
Miscellaneous Cash Flow Adjustments	-	-1K	-	-	-
Net Change in Cash	77.61M	-15.42M	34.71M	100M	-135M
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	41.41M	22.88M	50.91M	52.05M	62.98M
Levered Free Cash Flow	477M	57.65M	-610M	91.77M	284M
Unlevered Free Cash Flow	480M	61.64M	-606M	94.61M	288M
Change In Net Working Capital	-369M	46.58M	722M	3.45M	-179M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	6.29	6.07	6.57	4.91	5.08
Return on Total Capital	7.15	6.86	7.35	5.4	5.53
Return On Equity %	12.21	11.79	13.35	11.88	12.11
Return on Common Equity	12.21	11.79	13.35	11.88	12.11
Margin Analysis
Gross Profit Margin %	95	93.9	95.63	96.31	96.77
SG&A Margin	7.21	8.85	8.49	9.18	8.6
EBITDA Margin %	71.14	64.12	67.16	63.96	66.51
EBITA Margin %	55.68	53.71	60.86	57.02	60.32
EBIT Margin %	55.68	53.71	60.86	57.02	60.32
Income From Continuing Operations Margin %	57.11	55.65	66.89	76.21	80.56
Net Income Margin %	57.11	55.65	66.89	76.21	80.56
Net Avail. For Common Margin %	57.11	55.65	66.89	76.21	80.56
Normalized Net Income Margin	47.82	47.16	56.25	62.14	64.01
Levered Free Cash Flow Margin	215.82	23.43	-233.23	39.85	113.87
Unlevered Free Cash Flow Margin	217.24	25.05	-231.66	41.08	115.57
Asset Turnover
Asset Turnover	0.18	0.18	0.17	0.14	0.13
Fixed Assets Turnover	0.93	1.1	1.19	1.04	1.09
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	2.96	3.51	9.12	8.59	8.38
Quick Ratio	1.16	1.44	1.59	1.94	1.37
Operating Cash Flow to Current Liabilities	-1.81	1.15	-4.73	0.33	2.94
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	120.55	117.07	179.91	175.66	162.16
Long Term Solvency
Total Debt/Equity	3.88	3.48	3.06	2.73	2.43
Total Debt / Total Capital	3.74	3.36	2.97	2.66	2.37
LT Debt/Equity	-	-	-	-	-
Long-Term Debt / Total Capital	-	-	-	-	-
Total Liabilities / Total Assets	14.39	14.8	12.39	10.69	10.24
EBIT / Interest Expense	24.52	20.7	24.19	28.82	22.13
EBITDA / Interest Expense	31.32	24.72	26.69	32.33	24.39
(EBITDA - Capex) / Interest Expense	31.32	24.72	26.69	32.33	24.39
Total Debt / EBITDA	0.27	0.27	0.24	0.29	0.26
Net Debt / EBITDA	-0.47	-0.37	-0.53	-1.31	-0.34
Total Debt / (EBITDA - Capex)	0.27	0.27	0.24	0.29	0.26
Net Debt / (EBITDA - Capex)	-0.47	-0.37	-0.53	-1.31	-0.34
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	3.4	11.43	6.26	-11.93	8.3
Gross Profit, 1 Yr. Growth %	5.73	10.13	8.23	-11.3	8.81
EBITDA, 1 Yr. Growth %	1.38	0.43	11.31	-16.12	12.61
EBITA, 1 Yr. Growth %	2.62	7.48	20.41	-17.49	14.57
EBIT, 1 Yr. Growth %	2.62	7.48	20.41	-17.49	14.57
Earnings From Cont. Operations, 1 Yr. Growth %	5.23	8.57	27.72	0.35	14.47
Net Income, 1 Yr. Growth %	5.23	8.57	27.72	0.35	14.47
Diluted EPS Before Extra, 1 Yr. Growth %	5.22	8.59	27.72	0.34	14.47
Normalized Net Income, 1 Yr. Growth %	3.62	9.9	26.74	-2.7	11.55
Net Property, Plant and Equip., 1 Yr. Growth %	-8.54	-2.02	-1.57	3.46	2.68
Inventory, 1 Yr. Growth %	-	-	-	-	-
Accounts Receivable, 1 Yr. Growth %	-33.58	18.02	4.5	-22.84	-63.65
Total Assets, 1 Yr. Growth %	10.5	12.28	10.52	9.98	11.81
Common Equity, 1 Yr. Growth %	13.31	11.75	13.64	12.12	12.37
Tangible Book Value, 1 Yr. Growth %	13.31	11.75	13.64	12.12	12.37
Cash From Operations, 1 Yr. Growth %	-179.43	-155.37	-539.77	-108.07	578.22
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-261.83	-87.9	-1.16K	-115.05	209.48
Unlevered Free Cash Flow, 1 Yr. Growth %	-265.4	-87.15	-1.08K	-115.62	204.65
Dividend Per Share, 1 Yr. Growth %	42.86	0	-15	11.76	5.26
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-4.15	7.34	8.81	-3.26	-2.34
Gross Profit, 2 Yr. CAGR %	-0.35	7.91	9.17	-2.02	-1.76
EBITDA, 2 Yr. CAGR %	4.69	0.9	5.73	-3.38	-2.81
EBITA, 2 Yr. CAGR %	8.45	5.02	13.76	-0.32	-2.77
EBIT, 2 Yr. CAGR %	8.45	5.02	13.76	-0.32	-2.77
Earnings From Cont. Operations, 2 Yr. CAGR %	7.82	6.89	17.76	13.21	7.18
Net Income, 2 Yr. CAGR %	7.82	6.89	17.76	13.21	7.18
Diluted EPS Before Extra, 2 Yr. CAGR %	7.82	6.89	17.77	13.21	7.18
Normalized Net Income, 2 Yr. CAGR %	7.66	6.71	18.02	11.05	4.18
Net Property, Plant and Equip., 2 Yr. CAGR %	-8.19	-5.34	-1.8	0.91	3.07
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 2 Yr. CAGR %	3.7	-11.46	11.05	-10.2	-47.04
Total Assets, 2 Yr. CAGR %	10.29	11.39	11.4	10.25	10.89
Common Equity, 2 Yr. CAGR %	13.39	12.53	12.69	12.88	12.25
Tangible Book Value, 2 Yr. CAGR %	13.39	12.53	12.69	12.88	12.25
Cash From Operations, 2 Yr. CAGR %	8.46	-33.68	56.04	-40.42	-26.01
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	17.54	-55.76	13.12	26.16	-31.76
Unlevered Free Cash Flow, 2 Yr. CAGR %	17.01	-53.9	12.37	23.89	-31.02
Dividend Per Share, 2 Yr. CAGR %	29.1	19.52	-7.8	-2.53	8.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	1.62	0.79	6.98	1.41	0.45
Gross Profit, 3 Yr. CAGR %	4.63	3.03	8.01	1.87	1.46
EBITDA, 3 Yr. CAGR %	11.71	3.25	4.26	-2.12	1.68
EBITA, 3 Yr. CAGR %	15.63	8.12	9.92	2.21	4.41
EBIT, 3 Yr. CAGR %	15.63	8.12	9.92	2.21	4.41
Earnings From Cont. Operations, 3 Yr. CAGR %	14.46	8.07	13.43	11.64	13.63
Net Income, 3 Yr. CAGR %	14.46	8.07	13.43	11.64	13.63
Diluted EPS Before Extra, 3 Yr. CAGR %	14.45	8.08	13.43	11.65	13.63
Normalized Net Income, 3 Yr. CAGR %	13.04	8.4	13.01	10.67	11.22
Net Property, Plant and Equip., 3 Yr. CAGR %	-4.74	-6.18	-4.1	-0.07	1.5
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 3 Yr. CAGR %	-0.57	8.27	-6.43	-1.64	-33.57
Total Assets, 3 Yr. CAGR %	10.59	10.95	11.1	10.92	10.77
Common Equity, 3 Yr. CAGR %	13.42	12.84	12.9	12.5	12.71
Tangible Book Value, 3 Yr. CAGR %	13.42	12.84	12.9	12.5	12.71
Cash From Operations, 3 Yr. CAGR %	56.06	-13.32	24.59	-41.86	34.03
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	92.45	-44.92	27.46	-42.26	70.15
Unlevered Free Cash Flow, 3 Yr. CAGR %	97.25	-43.97	27.82	-41.79	67.22
Dividend Per Share, 3 Yr. CAGR %	10.06	18.56	6.69	-1.7	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-0.52	2.07	4.44	-0.85	3.15
Gross Profit, 5 Yr. CAGR %	1.35	4.53	6.42	0.98	3.99
EBITDA, 5 Yr. CAGR %	3.95	6.19	9.28	0.55	1.37
EBITA, 5 Yr. CAGR %	4.97	8.26	14.88	4.66	4.66
EBIT, 5 Yr. CAGR %	4.97	8.26	14.88	4.66	4.66
Earnings From Cont. Operations, 5 Yr. CAGR %	9.99	8.76	15.77	10.1	10.88
Net Income, 5 Yr. CAGR %	9.99	8.76	15.77	10.1	10.88
Diluted EPS Before Extra, 5 Yr. CAGR %	9.99	8.76	15.77	10.1	10.88
Normalized Net Income, 5 Yr. CAGR %	6.96	8.48	15.01	9.45	9.39
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.17	-0.6	-3.57	-3.4	-1.29
Accounts Receivable, 5 Yr. CAGR %	-2.37	0.54	3.93	0.46	-25.48
Total Assets, 5 Yr. CAGR %	10.43	10.25	10.91	10.67	11.02
Common Equity, 5 Yr. CAGR %	13.17	12.6	13.13	12.86	12.64
Tangible Book Value, 5 Yr. CAGR %	13.17	12.6	13.13	12.86	12.64
Cash From Operations, 5 Yr. CAGR %	25.4	-10.72	56.05	-25.39	1.15
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	53.34	-16.66	55.6	-23.27	-0.73
Unlevered Free Cash Flow, 5 Yr. CAGR %	52.87	-15.39	57.5	-23.04	-0.13
Dividend Per Share, 5 Yr. CAGR %	7.39	5.92	2.53	9.63	7.39