Shares of Elantas Beck India rose nearly 3% to ₹11,689.95 apiece in early trading on August 6 following the release of the company’s financial results for the first quarter of FY26. Despite a 6% year-on-year (YoY) decline in net profit to ₹39.3 crore in Q1FY26 from ₹41.8 crore in the same quarter last year, the stock saw buying interest.
The company’s revenue for the quarter rose 10% YoY to ₹210 crore, up from ₹191 crore in Q1FY25. EBITDA also saw a marginal 2% rise to ₹39.6 crore, compared to ₹38.7 crore last year. However, earnings per share (EPS) declined 6% YoY to ₹49.56 in Q1FY26.
On a sequential basis, net profit rose from ₹32.9 crore in Q4FY25 to ₹39.3 crore, indicating a quarter-on-quarter recovery. The company’s market capitalization currently stands at approximately ₹8,999 crore, with a price-to-earnings (P/E) ratio of 67.7.
The stock was trading at ₹11,689.95, up ₹338.15 or 2.98% on the BSE, with a day range of ₹11,487.10 to ₹11,695.00.
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