What we do Elango Industries Ltd operates primarily in power generation and distribution, with services in power plant operation, maintenance, and power marketing. |
Founded in 1,989 |
Market share Focused niche player in regional captive power generation and O&M services; exploring renewable energy for growth. |
Problem solved Provides reliable power generation and maintenance services, addressing energy needs in industrial and captive sectors. |
Top clients or who we serve Industrial clients and captive power plants; services are B2B targeted mainly towards power producers and large consumers. |
Key management Managing Director Mr. S. Elangovan with leadership reappointed for 2025-2030 term. |
Our journey and innovations Started with steel ingots, shifted to power in 2005; commissioned gas and coal-based plants; expanding into renewable solar power projects. |
Where we operate Operations primarily in Tamil Nadu, India; focus on Mayiladuthurai and surrounding regions. |
Top products or what we offer Power generation via gas and coal plants; O&M services; power marketing; planned 20 MW solar project. |
Top brands - |
Raw materials needed Coal, natural gas for power plants; scrap metal for steel ingots historically. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from recurring power generation and O&M contracts with cyclical sales fluctuations. |
Our industry position Small regional player with steady presence in captive power generation; entering renewables to enhance market position. |
Financial highlights FY 2024-25 revenue Rs.0.96 crore; net loss Rs.0.22 crore; reflecting recovery efforts and renewable investments. |
Geographical revenue split Majority revenue from Tamil Nadu region; no detailed geographic breakdown available. |
Order book - |
Whats driving growth Growth driven by rising electricity demand in India and strategic investment in renewable energy projects. |
Our future plans Developing 20 MW solar power project in Tamil Nadu with phased commissioning and battery storage integration. |
Our green promise Committed to sustainability by initiating solar power projects reducing carbon footprint. |
Our people and values Promotes equal opportunity and employee welfare; focused on skill development and retention. |
Key challenges ahead Financial losses, regulatory approvals for new projects, and competition in renewable energy sector. |
Interesting facts Transitioned from steel to power sector and now diversifying into renewable solar energy. |
Risks and strategy Risk of losses mitigated by diversification; strategy includes renewable investments and service expansion. |
