Elfin Agro India Limited is an agro-processing company primarily engaged in the manufacturing of wheat flour and edible oil products. The company earns revenue through sale of branded flour products and bulk supplies to institutional clients, along with limited trading of agro-based commodities. Its manufacturing-driven model contributes the majority of revenues, with FY2025 operational revenue of ₹14,586.34 lakh.


The Company is led by Promoter, i.e.,BASAVARAJU KANAKATTE SHIVAKUMAR, MIHIR KUMAR PRADHAN AND VINOD KUMAR MARIYAPPAN

The Revenues from operations for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 1,370.43 Lakh, ₹ 2,056.74 Lakh, ₹ 1,687.74 Lakh, and ₹ 1,041.28 Lakh, The EBITDA for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 477.70 Lakh, ₹ 1,020.46 Lakh, ₹ 409.51 Lakh, and ₹ 192.73 Lakh, The Profit after Tax for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 312.28 Lakh, ₹ 663.76 Lakh, ₹ 255.43 Lakh, and ₹ 102.52 Lakh, respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue  EPS of ₹ 7.54 and post-issue EPS of ₹ 5.51 for FY25. The pre-issue P/E ratio is 14.59x,while the post-issue P/E ratio is 19.97x against the Industry P/E ratio is 225.9x The company's ROE for FY25 is 91.60% and RoNW is 62.82% The Annualised EPS is ₹ 5.18x and P/E is ₹ 21.23x, These metrics suggest that the IPO is Fully priced.

 
The Grey Market Premium (GMP) of Apsis Aerocom showing listing gains of 0%.Given the company's financial performance and the valuation of the IPO, we recommend  Investors to Avoid to the Apsis Aerocom Limited, IPO for Listing gain or Long Term Purposes.