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Trades about 212% below its sector, cheaper than its peers on earnings.
Elin Electronics Limited, operating from New Delhi, India, and established in 1969, specializes in offering comprehensive design and manufacturing solutions for a diverse range of products. Their services extend to both domestic and international clientele. The company's extensive portfolio includes electric motors, various tools, molds, and dies, alongside a wide array of consumer electronics. This encompasses lighting solutions such as LED lights, flashlights, modular switches, and sockets, as well as ceiling and fresh air circulation fans. For household use, they produce small appliances like dry and steam irons, toasters, hand blenders, and mixer grinders. Personal grooming needs are met with products like hair dryers, straighteners, trimmers, and heated straightening brushes. A key offering is fractional horsepower motors, which are integral components for numerous devices, including mixer grinders, hand blenders, wet grinders, chimneys, air conditioners, heat convectors, and TPW fans. Furthermore, Elin manufactures specialized components such as stainless steel blades for mixer grinders, medical diagnostic cartridges for use in diagnostic equipment, and various plastic molded and sheet metal parts. The company primarily functions as a strategic supplier to Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs).
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