Elin Electronics Ltd share Price Today

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 end-to 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 end-to-end 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 Company`s 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 endto-end product solutions and develop better control on the supply chain and improve margins, the Company has backward integrated major manufacturing processes. It has developed in-house capabilities in SMT lines, die and mold manufacturing, injection molding, sheet metal components, semi-automated 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.

Elin Electronics share price as on 30 Jun 2024 is Rs. 207.55. Over the past 6 months, the Elin Electronics share price has increased by 40.14% and in the last one year, it has increased by 20.67%. The 52-week low for Elin Electronics share price was Rs. 129.3 and 52-week high was Rs. 221.8.