Elda was promoted in 1992 to the División de Honor, where it played for the next two decades. In the late 1990s it became a national powerhouse, winning four leagues and two national cups between 1999 and 2008. The team's major success in European competition was reaching the 2005 Champions League quarter-finals and the 2010 EHF Cup final, lost to Randers HK. It also reached the EHF Cup and Cup Winners' Cup's semifinals in 1998, 2002 and 2007.
On June 2012 Elda asked to be relegated to the third tier due to financial strain.