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.,(i) Mr. Vimal Kumar Daga, (ii) Mr. Deepak Pal Daga, (iii) Mrs. Seema Daga, (iv) Mrs. Neetu Daga, (v) M/s. Vimal Kumar Ayush Pal Daga HUF, (vi) M/s. Vimal Kumar Deepak Pal Daga HUF and (vii) M/s. Deepak Pal Harsh Kumar Daga HUF

The Revenues from operations for the Period ended on Dec 31 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 11,771.67 Lakh, ₹ 14,643.97 Lakh, ₹ 12,471.04 Lakh, and ₹ 10,145.27 Lakh, The EBITDA for the Period ended on Dec 31 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 668.23 Lakh, ₹ 753.66 Lakh, ₹ 582.46 Lakh, and ₹ 311.33 Lakh, The Profit after Tax for the Period ended on Dec 31 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 398.16 Lakh, ₹ 507.79 Lakh, ₹ 367.66 Lakh, and ₹ 180.72 Lakh, respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue  EPS of ₹ 3.6 and post-issue EPS of ₹ 2.61 for FY25. The pre-issue P/E ratio is 13.06x,while the post-issue P/E ratio is 17.98x against the Industry P/E ratio is 11.05x The company's ROE for FY25 is 36.86% and RoNW is 36.86% The Annualised EPS is ₹ 2.73x and P/E is ₹ 17.20x, These metrics suggest that the IPO is Fully priced.

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