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ELANGO INDUSTRIES LTD. (ELANGO) Fair Value & Analysis

Utilities · IN · Market cap ₹49.0M

EI ELANGO INDUSTRIES LTD. ELANGO · BSE
Price₹10.95
Fair Value₹5.85
Upside-46.6%
Quality49/100
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Weak Growth
Loss-making · -57.2% net margin
negative free cash flow
Trails peers (2/7)
Narrow moat 2/100
Evidence: Low Range ₹3.86 – ₹7.32 Share as image

Fair value as of: Aug 16, 2026

From 1 valuation models · updated 4 days ago

Below-average quality, and screening another 47% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹7.32). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹3.86 to ₹7.32) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹19.55 ₹1.95 Fair Value ₹5.85 Jan 2019 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 16, 2026.

How to read this chart

60‑month range ₹1.95 – ₹19.55 · fair‑value band ₹3.86 – ₹7.32 · the ₹10.95 price screens above the ₹5.85 fair value. Dashed = 300-day average. As of Aug 16, 2026.

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Analysis

ELANGO INDUSTRIES LTD. (ELANGO) currently trades at ₹10.95, while our model-based Fair Value estimate is ₹5.85, implying the stock looks roughly 46.6% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, ELANGO INDUSTRIES LTD. generated revenue of ₹2.4M at a net margin of -57.2%. It earns a return on equity of -3.7%. Fundamentals as of Aug 16, 2026

Our scenario range runs from ₹3.86 (bear case) to ₹7.32 (bull case); at ₹10.95, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 30% below its 52-week high and 40% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -55% fair-value upside, at -47%, ELANGO screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) ₹4.77 ₹6.39 ₹9.53 50
All 1 models by family
Asset-Based
NCAV (Graham) ₹4.77 ₹6.39 ₹9.53 50

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Key figures & financial health

Revenue (TTM) ₹2.4M
Revenue growth (YoY) -90.8%
Net margin -57.2%
Return on equity -3.7%
Free cash flow −₹1.0K FY2025
Operating margin -5,270%
More key figures
EPS (TTM) ₹-0.3600

Figures from reported company fundamentals · as of Aug 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 49 · Market factors (momentum, volatility) 46

Profitability 3
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 53
Calm price path (market factor)
Momentum 50
Price trend over the last 3–12 months (market factor)
52W Momentum 33
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Elango Industries Limited operates as a power generation and distribution company in India. The company provides operation and maintenance services for power generation plants. It also markets and sells power. Elango Industries Limited was incorporated in 1989 and is based in Chennai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ELANGO INDUSTRIES LTD. reported revenue of ₹2.4M in FY2025 versus ₹5.5M in FY2021, a compound −18.9%/yr. Reported net income was −₹1.4M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
₹2.4M
Latest YoY
−75.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−1.1%
Avg. growth/yr (9Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−7.5%
Revenue −18.9%/yr
FY21 ₹5.5M
FY22 ₹19.0K
FY23 ₹25.8M
FY24 ₹9.6M
FY25 ₹2.4M
Net income
FY21 −₹4.5M
FY22 −₹1.5M
FY23 −₹1.4M
FY24 −₹2.2M
FY25 −₹1.4M

ELANGO screens 47% overvalued. Compare with Constellation Energy Corporation →

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Cite: Fair Value Calculator (2026). "ELANGO INDUSTRIES LTD. Fair Value". https://www.fairvalue-calculator.com/stock/ELANGO

Peer Group

Utilities - Independent Power Producers · 77 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 50 · Above median
Fair Value upside −47% · Below median
Return on assets -2% · Bottom 25%
Net margin (TTM) -57% · Bottom 25%
Revenue growth -91% · Bottom 25%

Valuation Multiples vs Utilities - Independent Power Producers median · lower = cheaper

P/S (TTM) 0.22× · Cheaper than 75% of peers

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Independent Power Producers stocks, each showing price versus our Fair Value estimate (as of Aug 16, 2026).

Stock Price Fair Value vs Fair Value
Constellation Energy Corporation CEG $278.68 $88.09 -68%
Vistra Corp VST $146.68 $50.39 -66%
Adani Power Limited ADANIPOWER ₹206.10 ₹75.57 -63%
CGN Power Co 003816 ¥3.93 ¥2.79 -29%
Gulf Development Public Company GULF 65.00 THB 39.25 THB -40%
NRG Energy, Inc NRG $120.66 $53.91 -55%
Adani Energy Solutions Limited ADANIENSOL ₹1,583 ₹342.02 -78%
Talen Energy Corporation TLN $365.07 $43.55 -88%
Datang International Power Generation Co 601991 ¥6.29 ¥4.95 -21%
Power Assets Holdings 0006 HK$57.30 HK$30.76 -46%

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Frequently asked questions

Is ELANGO INDUSTRIES LTD. (ELANGO) overvalued or undervalued?
As of Aug 16, 2026, our model estimates a fair value of ₹5.85 versus a price of ₹10.95, about −47% (overvalued).
What is the fair value of ELANGO?
Our model-based fair value for ELANGO INDUSTRIES LTD. is ₹5.85 (as of Aug 16, 2026), built from audited fundamentals. The current price: ₹10.95.
What is the quality score of ELANGO?
ELANGO INDUSTRIES LTD. has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of ELANGO INDUSTRIES LTD. (ELANGO)?
ELANGO INDUSTRIES LTD. reported trailing-twelve-month revenue of about ₹2.4M (latest available figure, as of Aug 16, 2026).
What is the net profit margin of ELANGO?
The net profit margin of ELANGO INDUSTRIES LTD. is about -57.2%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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