What we do Elpro International Ltd manufactures electrical equipment including lightning arresters, varistors, and X-ray devices, and is involved in real estate development and services in India. |
Founded in 1,962 |
Market share Leading player in lightning arresters and diversified into real estate, finance, and trading activities with strong domestic presence. |
Problem solved Provides essential electrical safety products and real estate solutions addressing power infrastructure and housing needs. |
Top clients or who we serve State electricity boards, power project contractors, radiologists, hospitals; operates in B2B and B2C segments. |
Key management - |
Our journey and innovations Founded with GE US partnership; technical collaborations with Matsushita Japan and Emerson USA; diversified into CNC systems, real estate, packaging, and finance. |
Where we operate Primarily India with export revenues; domestic operations dominate with minimal exports. |
Top products or what we offer Lightning arresters, X-ray equipment, alnico magnets, calrod heaters, real estate properties, financial and trading services. |
Top brands - |
Raw materials needed Electrical components and raw materials for manufacturing lightning arresters and electronic equipment. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical from real estate and trading; electrical equipment offers steady demand. |
Our industry position Strong in niche electrical equipment with growing footprint in real estate and financial sectors. |
Financial highlights FY 2023-24 consolidated revenue ₹286.53 Cr; net profit ₹85.49 Cr; growth driven by real estate and trading segments. |
Geographical revenue split Around 98% domestic revenue; minimal export contribution (~1.5%). |
Order book - |
Whats driving growth Real estate developments, trading volume growth, financial investments, supported by diversified business model. |
Our future plans Expansion in real estate projects, strengthening finance subsidiaries, focusing on niche electrical products innovation. |
Our green promise - |
Our people and values Committed to corporate governance and employee dedication; focus on ethical operations and compliance. |
Key challenges ahead Market cyclicality in real estate, competition in electrical goods, need for continuous innovation. |
Interesting facts Started with 50% GE US investment; multiple joint ventures with global companies; merged real estate subsidiary. |
Risks and strategy Mitigates cyclical risks via diversification; robust governance and expansion into high-margin sectors. |
