Elantas Beck India Ltd., a key entity in the specialty chemicals industry, is a subsidiary of the globally renowned ALTANA Group, a leader in specialty chemicals. Headquartered in Pune, India, the company has established itself as a trusted provider of high-quality solutions for the electrical insulation and construction industries. Its extensive product portfolio includes varnishes, resins, and other advanced materials designed to deliver superior performance and reliability in various critical applications. Renowned for its commitment to innovation, Elantas Beck India continually adapts to the evolving needs of its customers by developing cutting-edge products that set industry standards. The company places a strong emphasis on quality, sustainability, and the health and safety of its operations. It actively participates in corporate social responsibility initiatives, contributing to community welfare and promoting environmentally sustainable practices. By combining technological expertise with a dedication to social and environmental responsibility, Elantas Beck India continues to strengthen its position as a leader in the specialty chemicals domain.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
| Promoters + | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| FIIs + | 0.71% | 0.70% | 0.67% | 0.67% | 0.67% |
| DIIs + | 11.80% | 11.88% | 11.91% | 11.88% | 11.71% |
| Public + | 12.49% | 12.42% | 12.43% | 12.44% | 12.63% |
| No. of Shareholders | 7,526 | 7,541 | 7,786 | 8,667 | 8,714 |
The shareholding pattern of Elantas Beck India reflects a stable distribution across key investor categories. As of December 2023 through December 2024, the promoters consistently held a significant majority stake of 75.00%, showcasing strong promoter confidence in the company. The Foreign Institutional Investors (FIIs) maintained a minor but steady presence, with their holdings slightly decreasing from 0.71% in December 2023 to 0.67% by December 2024. Domestic Institutional Investors (DIIs) showed a marginal increase early in 2024, reaching 11.91% by June, before tapering off to 11.71% by December. Public shareholding displayed a gradual rise over the year, growing from 12.49% in December 2023 to 12.63% in December 2024, indicating increased interest from individual and retail investors. Furthermore, the number of shareholders also grew significantly, from 7,526 in December 2023 to 8,714 by December 2024, reflecting broader participation in Elantas Beck India’s equity. This stability and growth in shareholding patterns highlight the company’s enduring appeal among diverse investor groups.
Below are the trading platforms that you can use to purchase Elantas Beck India shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| April 2025 | 11,108.67 | 8,545.13 |
| May 2025 | 10,785.12 | 8,296.24 |
| June 2025 | 11,270.45 | 8,669.57 |
| July 2025 | 11,049.46 | 8,499.58 |
| August 2025 | 11,391.19 | 8,762.46 |
| September 2025 | 11,527.89 | 8,867.61 |
| October 2025 | 11,827.61 | 9,098.16 |
| November 2025 | 12,123.30 | 9,325.62 |
| December 2025 | 12,668.85 | 9,745.27 |
In 2025, the share price of Elantas Beck India is expected to showcase a steady upward trend. In April 2025, the price is projected to range between ₹8,545.13 and ₹11,108.67. By December 2025, the share price is anticipated to reach a maximum of ₹12,668.85 and a minimum of ₹9,745.27.
| When | Maximum Price | Minimum Price |
| January 2026 | 13,048.92 | 10,037.63 |
| February 2026 | 12,722.69 | 9,786.69 |
| March 2026 | 12,977.15 | 9,982.42 |
| April 2026 | 13,241.99 | 10,186.14 |
| May 2026 | 13,110.88 | 10,085.29 |
| June 2026 | 13,438.65 | 10,337.42 |
| July 2026 | 13,175.15 | 10,134.73 |
| August 2026 | 13,582.63 | 10,448.17 |
| September 2026 | 13,854.28 | 10,657.14 |
| October 2026 | 14,214.49 | 10,934.22 |
| November 2026 | 14,569.85 | 11,207.58 |
| December 2026 | 14,934.10 | 11,487.77 |
As we step into 2026, the share price of Elantas Beck India is expected to grow steadily. In January 2026, the price is likely to be between ₹10,037.63 and ₹13,048.92. By December 2026, it is expected to reach a high of ₹14,934.10 and a low of ₹11,487.77.
| When | Maximum Price | Minimum Price |
| January 2027 | 15,083.44 | 11,602.65 |
| February 2027 | 15,470.19 | 11,900.15 |
| March 2027 | 16,073.53 | 12,364.26 |
| April 2027 | 15,758.36 | 12,121.82 |
| May 2027 | 15,299.38 | 11,768.76 |
| June 2027 | 15,987.85 | 12,298.35 |
| July 2027 | 15,674.37 | 12,057.21 |
| August 2027 | 16,159.14 | 12,430.11 |
| September 2027 | 16,724.71 | 12,865.16 |
| October 2027 | 17,159.55 | 13,199.66 |
| November 2027 | 17,588.54 | 13,529.65 |
| December 2027 | 18,028.26 | 13,867.89 |
| When | Maximum Price | Minimum Price |
| January 2028 | 18,388.82 | 14,145.25 |
| February 2028 | 18,860.33 | 14,507.95 |
| March 2028 | 19,595.88 | 15,073.76 |
| April 2028 | 19,211.65 | 14,778.19 |
| May 2028 | 18,652.09 | 14,347.76 |
| June 2028 | 19,491.43 | 14,993.41 |
| July 2028 | 19,109.25 | 14,699.42 |
| August 2028 | 19,700.25 | 15,154.04 |
| September 2028 | 20,389.76 | 15,684.43 |
| October 2028 | 20,919.90 | 16,092.23 |
| November 2028 | 21,442.89 | 16,494.53 |
| December 2028 | 21,978.97 | 16,906.90 |
| When | Maximum Price | Minimum Price |
| January 2029 | 22,418.55 | 17,245.04 |
| February 2029 | 22,993.38 | 17,687.22 |
| March 2029 | 23,890.12 | 18,377.02 |
| April 2029 | 23,421.69 | 18,016.68 |
| May 2029 | 22,739.50 | 17,491.93 |
| June 2029 | 23,762.78 | 18,279.06 |
| July 2029 | 23,296.84 | 17,920.65 |
| August 2029 | 24,017.37 | 18,474.90 |
| September 2029 | 24,857.97 | 19,121.52 |
| October 2029 | 25,504.28 | 19,618.68 |
| November 2029 | 26,141.89 | 20,109.14 |
| December 2029 | 26,795.43 | 20,611.87 |
| When | Maximum Price | Minimum Price |
| January 2030 | 27,331.34 | 21,024.11 |
| February 2030 | 28,032.15 | 21,563.19 |
| March 2030 | 29,125.40 | 22,404.15 |
| April 2030 | 28,554.31 | 21,964.86 |
| May 2030 | 27,722.64 | 21,325.10 |
| June 2030 | 28,970.15 | 22,284.73 |
| July 2030 | 28,402.11 | 21,847.78 |
| August 2030 | 29,280.53 | 22,523.48 |
| September 2030 | 30,305.35 | 23,311.80 |
| October 2030 | 31,093.28 | 23,917.91 |
| November 2030 | 31,870.62 | 24,515.86 |
| December 2030 | 32,667.38 | 25,128.76 |
As we move into 2030, the share price of Elantas Beck India is expected to show significant growth. In January 2030, the price is projected to range between ₹21,024.11 and ₹27,331.34. By December 2030, it is anticipated to reach a maximum of ₹32,667.38 and a minimum of ₹25,128.76.
Financial Condition of Elantas Beck India
| Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
| Sales + | 383 | 522 | 645 | 680 | 749 |
| Expenses + | 313 | 444 | 535 | 537 | 604 |
| Operating Profit | 70 | 78 | 110 | 143 | 144 |
| OPM % | 18% | 15% | 17% | 21% | 19% |
| Other Income + | 22 | 25 | 32 | 53 | 55 |
| Interest | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 12 | 12 | 12 | 12 | 15 |
| Profit before tax | 80 | 91 | 129 | 184 | 183 |
| Tax % | 23% | 27% | 24% | 25% | 24% |
| Net Profit + | 62 | 67 | 98 | 137 | 140 |
| EPS in Rs | 77.9 | 84.36 | 123.34 | 173.19 | 176.04 |
| Dividend Payout % | 6% | 6% | 4% | 3% | 4% |
Elantas Beck India has showcased remarkable growth in its financial performance over the five years from December 2020 to December 2024, underscoring its strong position in the specialty chemicals market. The company’s sales have witnessed a steady rise, growing from ₹383 crore in 2020 to ₹749 crore in 2024. This increase reflects its ability to expand its market share and cater to the rising demand for its innovative and high-quality products in the electrical insulation and construction industries. Expenses have been well-controlled, increasing from ₹313 crore in 2020 to ₹604 crore in 2024, which highlights the company’s operational efficiency. Despite fluctuating expense patterns, the company managed to enhance its profitability consistently, driven by effective cost management and revenue growth.
The operating profit of Elantas Beck India has improved significantly, climbing from ₹70 crore in 2020 to ₹144 crore in 2024. The Operating Profit Margin (OPM %) showcased a varied trend, peaking at 21% in 2023 but settling at 19% in 2024, indicating the company’s capability to adapt to market conditions. Other income has also been a substantial contributor to the financial performance, increasing from ₹22 crore in 2020 to ₹55 crore in 2024. With minimal interest expenses and steady depreciation costs, the company achieved robust growth in profit before tax, which rose from ₹80 crore in 2020 to ₹183 crore in 2024. This consistent profitability underscores Elantas Beck India’s financial resilience and operational excellence.
Net profit experienced a notable rise from ₹62 crore in 2020 to ₹140 crore in 2024, reflecting the company’s ability to drive shareholder value effectively. The Earnings Per Share (EPS) surged from ₹77.9 to ₹176.04 during this period, showcasing the company’s commitment to enhancing returns for its investors. Although the dividend payout percentage has been relatively conservative, ranging from 3% to 6%, it highlights the company’s focus on reinvesting in growth and ensuring financial stability.
FAQs
What is Elantas Beck India current market capitalization?
Elantas Beck India currently boasts a market capitalization of ₹7,949 crore
Elantas Beck India share price soared to an impressive peak of ₹12,668.85 in December 2025, signaling strong investor confidence and market optimism.
Looking ahead, Elantas Beck India share price is anticipated to reach impressive heights, ranging from ₹21,024.11 to ₹32,667.38 by 2030, highlighting the company’s promising long-term growth prospects.
Also Read
- Maharashtra Seamless Share Price Target 2025, 2026, 2027 to 2030
- Welspun Enterprises Share Price Target 2025, 2026 to 2030
- Hindustan Foods Share Price Target 2025, 2026 to 2030
Conclusion
Elantas Beck India Ltd. has established itself as a leader in the specialty chemicals sector, consistently demonstrating financial strength and operational efficiency. With steady growth in sales, a well-managed expense structure, and a robust operating profit margin, the company has showcased its resilience and adaptability in a competitive market. Its commitment to innovation, sustainability, and customer-centric solutions has fueled its expansion and appeal to diverse investors. The stable shareholding pattern, coupled with a significant increase in retail participation, further underscores the confidence in its future growth trajectory. As projected, the share price is expected to exhibit substantial growth through 2025 to 2030, reflecting the company’s strong fundamentals and promising outlook.
What did we learn?
