About Elspec
Elspec is a company based in Caesarea (Israel) founded in 1988. The company has 153 employees.
- Headquarter Caesarea, Israel
- Employees 153
- Stage Public
- SectorsEnergy & Utilities
- Website category Computers Electronics and Technology · Consumer Electronics
- Email••••••••
- Phone•••• ••••
- Website elspec-ltd.com
- Social LinkedIn Facebook
- Legal Name Elspec Engineering Ltd.
- Annual Revenue₹21.25 Cr
FY 2025 · +428% YoY
- Net Profit₹1.82 Cr
FY 2025 · 9% margin
- EBITDA₹2.76 Cr
FY 2025 · 13% margin
- Investors
- Employee Count153
Associated legal entities of Elspec
Elspec operates through Elspec Engineering (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Elspec Engineering (India) Private Limited CIN U31908MP2011PTC044992 | Active | 15 Sep 2011 | Indore, Madhya Pradesh | ₹21.2 Cr | – | 4 | View details |
Funding Insights of Elspec
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Elspec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2005 | – | Post-IPO | – | – |
1 investors in total: 1 institutional.
Investors in Elspec
Elspec has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SKY Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | skyfund.co.il | - |
Investor details for Elspec
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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Board of directors of Elspec Engineering (India) Private Limited (Elspec)
Elspec Engineering (India) Private Limited is the primary company behind Elspec. The board of Elspec Engineering (India) Private Limited currently have 4 directors; the longest-serving is Yoram Harary, appointed in 2011. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yoram Harary DIN 03548189 | Director | 15 Sep 2011 | 15 yrs | Elspec Engineering (India) Private Limited |
| Dipesh Khandelwal DIN 00207139 | Director | 13 Mar 2013 | 13 yrs 6 mo | Elspec Engineering (India) Private Limited |
| Oren Harary DIN 11376417 | Director | 11 Nov 2025 | 11 mo | Elspec Engineering (India) Private Limited |
| Rupal Gupta DIN 11219888 | Alternate Director | 12 Nov 2025 | 10 mo | Elspec Engineering (India) Private Limited |
People of Elspec
5 people are tracked at Elspec (2 in leadership, 3 in team); the tracked headcount is 153.
| Name | Role | Group |
|---|---|---|
| CEO & Director | Leadership | |
| CEO | Leadership | |
Yakov Kizel | Metering & Protection Division Operation Manager | Team |
Asaf Laifer | Metering & Protection Division Manager | Team |
Asaf Aharoni | Electrical Engineer | Team |
Complete people profiles for Elspec
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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IPO & Listings of Elspec
Elspec is a publicly listed company on the TASE with ticker symbol ELSPC in Israel, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date10 Jun 2004
- Listed onTLV: ELSPC
- Listed entityElspec Engineering Ltd.
- Exchange sectorProducer manufacturing
- ISINIL0010903644
- Share price362.70 ILA · 2026-10-09
- Market capitalisation70,448,437.00 ILA
- Price to earnings19.2
- EPS (diluted, trailing year)0.19 ILA
- Dividend yield2.13%
- Volume (last session)2
Financials of Elspec
Figures of Elspec Engineering (India) Private Limited, the primary company behind Elspec, for FY 2025. Revenue was ₹21.25 Cr (+428% year on year). Net profit was ₹1.82 Cr (9% margin). EBITDA was ₹2.76 Cr (13% margin). Revenue has grown at a compounded annual rate of +63% over three years and +46% over five years.
- ₹21.25 CrRevenue · FY 2025 · +428% YoY
- ₹1.82 CrNet profit · 9% margin
- ₹2.76 CrEBITDA · 13% margin
- ₹2.00 CrPaid-up capital
- +63%Revenue CAGR, 3 years
- +46%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 92.5M ILS | 6.3M ILS | 13.0M ILS |
| 2024 | 100.8M ILS | 12.7M ILS | 16.6M ILS |
| 2023 | 89.4M ILS | 10.9M ILS | 13.8M ILS |
| 2022 | 71.6M ILS | 4.1M ILS | 8.2M ILS |
| 2021 | 64.4M ILS | 4.3M ILS | 6.9M ILS |
Balance sheet, profit and loss, cash flow and ratios of Elspec Engineering (India) Private Limited are on its company page.
Detailed financial statements for Elspec
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Elspec
3 dated milestones of Elspec across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Elspec is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
Web traffic of Elspec
The website of Elspec (elspec-ltd.com) receives about 21.1K visits a month and ranks #958,195 among all websites worldwide, #9,528 in Consumer Electronics.
- Monthly visits21.1K
▼ 16.7% vs previous month
- Unique visitors8.7K
per month
- Global rank#958,195
among all websites
- Category rank#9,528
Computers Electronics and Technology · Consumer Electronics
- Bounce rate37%
- Pages per visit3.1
- Average visit1 min 48 sec
- DevicesDesktop 51% · Mobile 49%
Websites whose visitors overlap most with Elspec. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dranetz.com | 100% | 5.9K | #3,664,403 | View details | |
| aktif.net | 92% | – | #1,472,832 | View details | |
socomec.co.uk | socomec.co.uk | 90% | – | #1,704,428 | – |
| kwsaving.co.uk | 77% | – | #14,669,523 | View details | |
controleng.com | controleng.com | 74% | – | #242,969 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Elspec
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Elspec
10 companies that operate in the same segment as Elspec (Energy Efficiency & Conservation), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial climate control solutions, including dehumidification and cooling, are provided. | 1955 | Beverly, Massachusetts, United States | – | USD 1.6 B | 5,410 | |
Thin-film processing equipment is manufactured for LEDs and MEMS. | 1945 | Plainview, Texas, United States | – | USD 664.29 M | 1,230 | |
Industrial automation, power systems, and semiconductors are manufactured globally. | 1921 | Chiyoda, Tokyo, Japan | – | – | – | |
Commercial HVAC solutions in air conditioning and refrigeration are manufactured. | 1902 | Palm Beach Gardens, Florida, United States | – | USD 21.75 B | 48,000 | |
Energy conservation and automation solutions are provided for industrial processes. | 1926 | Pune, Maharashtra, India | – | USD 137.05 M | 1,840 | |
Electricity is distributed by Energisa in Brazilian regions. | 1905 | Rio De Janeiro, Rio De Janeiro, Brazil | – | USD 6.47 B | 17,410 | |
HVAC equipment for commercial applications is manufactured. | 1988 | Tulsa, Oklahoma, United States | – | USD 1.44 B | 4,810 | |
Multi-category consumer electronics products are provided by Syska. | 2012 | Pune, Maharashtra, India | USD 62 M | USD 148.76 M | 3 | |
Electronics, lighting, and smart consumer products are developed. | 1886 | Pittsburgh, Pennsylvania, United States | USD 1.1 M | – | – | |
Electrical and digital solutions for building infrastructures are provided. | 1860 | Limoges, Haute-vienne, France | – | USD 11.14 B | 34,900 |
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Frequently Asked Questions about Elspec
Elspec was founded in 1988 and raised its 1st funding round 17 years after it was founded.
Elspec is headquartered in Caesarea, Israel. It is registered at Caesarea, Haifa, Israel.
Yoram Harary is the current CEO of Elspec.
Elspec has 153 employees.
The primary company behind Elspec, Elspec Engineering (India) Private Limited, reported revenue of ₹21.25 Cr for FY 2025, up 428% year on year.
Elspec was established in 1988 in Caesarea, Israel, within the energy sector. Power quality meters and analysers are produced to monitor and assess electrical grid performance. Operations center on providing measurement solutions for utilities and industrial applications. Leadership is provided by CEO Yoram Harary, with focus maintained on grid reliability tools across international markets.
Yes, Elspec is publicly traded on TASE under the ticker symbol ELSPC.
Elspec has 1 investor. Key investors include SKY Fund.
Elspec operates through Elspec Engineering (India) Private Limited.
The legal entities of Elspec currently have 4 directors, including Yoram Harary, Dipesh Khandelwal, Rupal Gupta and others.