Elango Industrie
BSE: ELANGO · Iron & Steel Products
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Snapshot
Unlock Elango Industrie's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Elango Industries Limited is an Indian manufacturer specialising in the production of MS Ingots and billets for the construction and infrastructure sectors. The company operates a steel melting shop and has historically integrated power generation to support its energy-intensive manufacturing operations.
Business Model
The company generates revenue by selling steel products to the infrastructure and construction industries. Its profitability is heavily dependent on the spread between raw material costs, such as steel scrap, and the market price of finished steel products.
Growth Outlook
Growth is primarily driven by domestic demand for infrastructure development in India. The company's performance remains sensitive to cyclical fluctuations in the secondary steel market and energy costs.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of steel scrap and electricity directly impact the company's operating margins.
- Cyclical Industry Demand. The company's revenue is highly susceptible to the cyclical nature of the construction and infrastructure sectors.
- Intense Market Competition. As a small-cap entity, the company faces significant competition from larger, more integrated steel manufacturers.
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Peers · Iron & Steel Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Elango IndustrieELANGO | ₹5 Cr | — | — | — | -50.0% | — | — | +3.1% |
Panchmahal SteelPANCHMAHQ | ₹580 Cr | 99.72 | 31.76 | — | 5.0% | 3.9% | 7.2% | +13.9% |
Modern MalleableMODMA | ₹569 Cr | 29.40 | 21.16 | 189.2% | 18.2% | 11.8% | 15.1% | — |
Azad India Mobility LimitedAZADIND | ₹509 Cr | — | — | — | 3.3% | -1.4% | -1.3% | -30.1% |
SurajSURAJLTD | ₹385 Cr | 46.44 | 19.13 | -15.2% | 12.0% | 6.1% | 12.6% | -32.1% |
Shah MetacorpSHAH | ₹369 Cr | 26.71 | 25.43 | 48.8% | 10.1% | 5.6% | 5.4% | +12.3% |
As of Mar 2026
Financials
Elango Industrie
BSE: ELANGO · Iron & Steel Products
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Elango Industrie's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Elango Industries Limited is an Indian manufacturer specialising in the production of MS Ingots and billets for the construction and infrastructure sectors. The company operates a steel melting shop and has historically integrated power generation to support its energy-intensive manufacturing operations.
Business Model
The company generates revenue by selling steel products to the infrastructure and construction industries. Its profitability is heavily dependent on the spread between raw material costs, such as steel scrap, and the market price of finished steel products.
Growth Outlook
Growth is primarily driven by domestic demand for infrastructure development in India. The company's performance remains sensitive to cyclical fluctuations in the secondary steel market and energy costs.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of steel scrap and electricity directly impact the company's operating margins.
- Cyclical Industry Demand. The company's revenue is highly susceptible to the cyclical nature of the construction and infrastructure sectors.
- Intense Market Competition. As a small-cap entity, the company faces significant competition from larger, more integrated steel manufacturers.
Start your research today
Unlock AI insights, financials, peers and live data on Elango Industrie and 5,000+ companies — free.
Peers · Iron & Steel Products
As of Mar 2026