WEBSITE BSE:523708 NSE : EIMCO ELECON 18 May, 12:50
Market Cap ₹1148 Cr.
Stock P/E 29.8
P/B 3
Current Price ₹1990
Book Value ₹ 669.5
Face Value 10
52W High ₹2414
Dividend Yield 0.25%
52W Low ₹ 566.1
Eimco Elecon (India) Ltd is an established engineering company based in India. With a rich history dating back to 1974, the company specializes in the manufacturing and supply of heavy-duty mining equipment, industrial gears, and custom-engineered products for various industries. Eimco Elecon is known for its expertise in designing, engineering, and manufacturing high-quality products that meet international standards. The company's product portfolio includes underground mining machinery such as loaders, dumpers, and drilling equipment, which are widely used in the mining industry. Additionally, Eimco Elecon produces industrial gears and gearboxes for applications in sectors like cement, steel, power, and sugar. Their custom-engineered products cater to specific requirements of clients across diverse industries. Eimco Elecon (India) Ltd has a strong focus on innovation, ensuring that their products are technologically advanced and efficient. The company is committed to providing excellent customer service and maintaining long-term relationships with clients. With a combination of experience, expertise, and a dedication to quality, Eimco Elecon continues to be a leading player in the Indian engineering industry.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 23 | 36 | 33 | 37 | 38 | 64 | 44 | 51 | 48 | 84 |
| Other Income | 2 | 3 | 0 | 4 | 3 | 2 | 5 | 3 | 4 | 5 |
| Total Income | 24 | 39 | 34 | 40 | 41 | 67 | 48 | 54 | 52 | 89 |
| Total Expenditure | 20 | 31 | 35 | 31 | 32 | 51 | 41 | 38 | 40 | 68 |
| Operating Profit | 5 | 7 | -1 | 10 | 9 | 16 | 7 | 16 | 12 | 21 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 3 | 5 | -3 | 8 | 7 | 14 | 5 | 14 | 10 | 19 |
| Provision for Tax | 1 | 1 | -2 | 2 | 2 | 4 | -0 | 3 | 2 | 4 |
| Profit After Tax | 2 | 4 | -1 | 6 | 5 | 10 | 5 | 11 | 8 | 15 |
| Adjustments | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 2 | 4 | -1 | 6 | 5 | 10 | 5 | 11 | 8 | 15 |
| Adjusted Earnings Per Share | 3.3 | 6.6 | -2.2 | 10.6 | 8.5 | 17 | 9.3 | 18.7 | 13.1 | 25.7 |
| #(Fig in Cr.) | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 140 | 171 | 140 | 185 | 108 | 126 | 84 | 173 | 227 |
| Other Income | 8 | 13 | 10 | 11 | 11 | 11 | 13 | 9 | 17 |
| Total Income | 148 | 185 | 150 | 196 | 119 | 137 | 97 | 182 | 243 |
| Total Expenditure | 117 | 149 | 125 | 160 | 102 | 115 | 79 | 148 | 187 |
| Operating Profit | 30 | 35 | 25 | 36 | 17 | 22 | 18 | 33 | 56 |
| Interest | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 0 |
| Depreciation | 6 | 5 | 5 | 5 | 6 | 7 | 8 | 8 | 8 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 24 | 30 | 19 | 30 | 10 | 14 | 10 | 25 | 48 |
| Provision for Tax | 6 | 5 | 3 | 7 | 1 | 3 | 1 | 6 | 9 |
| Profit After Tax | 17 | 25 | 16 | 23 | 9 | 11 | 9 | 20 | 39 |
| Adjustments | 0 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 18 | 25 | 16 | 23 | 9 | 11 | 9 | 20 | 39 |
| Adjusted Earnings Per Share | 31 | 42.8 | 28.2 | 40.2 | 16.4 | 19.5 | 15 | 33.8 | 66.8 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 106% | 17% | 4% | 0% |
| Operating Profit CAGR | 83% | 25% | 6% | 0% |
| PAT CAGR | 122% | 30% | 5% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 195% | 78% | 39% | 22% |
| ROE Average | 6% | 4% | 4% | 6% |
| ROCE Average | 8% | 5% | 6% | 7% |
| #(Fig in Cr.) | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 261 | 282 | 295 | 314 | 319 | 327 | 333 | 351 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 |
| Other Non-Current Liabilities | 67 | 44 | 24 | 29 | 31 | 35 | 7 | 5 |
| Total Current Liabilities | 29 | 22 | 33 | 28 | 22 | 32 | 53 | 40 |
| Total Liabilities | 357 | 348 | 353 | 372 | 373 | 395 | 393 | 396 |
| Fixed Assets | 65 | 64 | 73 | 71 | 75 | 84 | 78 | 73 |
| Other Non-Current Assets | 137 | 120 | 107 | 183 | 188 | 108 | 91 | 171 |
| Total Current Assets | 155 | 165 | 173 | 118 | 110 | 204 | 225 | 151 |
| Total Assets | 357 | 348 | 353 | 372 | 373 | 395 | 393 | 396 |
| #(Fig in Cr.) | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 4 | 1 | 2 | 4 | 4 | 7 | 9 | 3 |
| Cash Flow from Operating Activities | 43 | 19 | 10 | 10 | 11 | 3 | -10 | 7 |
| Cash Flow from Investing Activities | -42 | -14 | -5 | -8 | -3 | 3 | 8 | -5 |
| Cash Flow from Financing Activities | -3 | -3 | -3 | -3 | -5 | -3 | -5 | -2 |
| Net Cash Inflow / Outflow | -3 | 1 | 2 | -0 | 3 | 3 | -6 | -0 |
| Closing Cash & Cash Equivalent | 1 | 2 | 4 | 4 | 7 | 9 | 3 | 3 |
| # | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 31 | 42.85 | 28.21 | 40.17 | 16.45 | 19.55 | 15.04 | 33.85 |
| CEPS(Rs) | 41.18 | 52.47 | 37.16 | 48.87 | 26.42 | 32.17 | 29.08 | 47.37 |
| DPS(Rs) | 5 | 5 | 5 | 7 | 5 | 5 | 2.5 | 5 |
| Book NAV/Share(Rs) | 452.58 | 488.23 | 510.7 | 544.9 | 552.89 | 567.42 | 577.01 | 608.02 |
| Core EBITDA Margin(%) | 15.17 | 11.79 | 10.53 | 13.55 | 5.42 | 8.61 | 6.97 | 14.07 |
| EBIT Margin(%) | 16 | 16.27 | 14.05 | 16.77 | 9.93 | 11.81 | 12.4 | 14.85 |
| Pre Tax Margin(%) | 15.8 | 16.07 | 13.67 | 16.47 | 9.45 | 11.31 | 11.88 | 14.56 |
| PAT Margin (%) | 11.68 | 13.53 | 11.57 | 12.57 | 8.72 | 8.92 | 10.28 | 11.31 |
| Cash Profit Margin (%) | 15.89 | 16.33 | 15.08 | 15.26 | 14.13 | 14.71 | 19.86 | 15.82 |
| ROA(%) | 4.89 | 7.11 | 4.69 | 6.4 | 2.52 | 2.93 | 2.2 | 4.95 |
| ROE(%) | 6.69 | 9.25 | 5.71 | 7.63 | 2.97 | 3.48 | 2.63 | 5.71 |
| ROCE(%) | 9.16 | 11.12 | 6.93 | 10.14 | 3.37 | 4.59 | 3.17 | 7.5 |
| Receivable days | 126.43 | 99.12 | 139.96 | 119.37 | 154.84 | 133.59 | 217.39 | 97.17 |
| Inventory Days | 92.05 | 70.77 | 94.27 | 78.45 | 157.05 | 130.07 | 233.69 | 158.22 |
| Payable days | 127.15 | 74.9 | 97.39 | 81.05 | 122.16 | 99.75 | 180.3 | 71.48 |
| PER(x) | 10.26 | 11.3 | 14.72 | 9.63 | 11.86 | 17.16 | 20.7 | 10.54 |
| Price/Book(x) | 0.7 | 0.99 | 0.81 | 0.71 | 0.35 | 0.59 | 0.54 | 0.59 |
| Dividend Yield(%) | 1.57 | 1.03 | 1.2 | 1.81 | 2.56 | 1.49 | 0.8 | 1.4 |
| EV/Net Sales(x) | 1.3 | 1.62 | 1.68 | 1.2 | 0.99 | 1.46 | 2.09 | 1.18 |
| EV/Core EBITDA(x) | 6.02 | 7.83 | 9.45 | 6.15 | 6.45 | 8.32 | 9.58 | 6.08 |
| Net Sales Growth(%) | 0 | 22.26 | -18.17 | 31.88 | -41.59 | 16.88 | -33.05 | 104.51 |
| EBIT Growth(%) | 0 | 26.12 | -33.8 | 55.12 | -65.43 | 39.05 | -29.72 | 145 |
| PAT Growth(%) | 0 | 43.71 | -34.46 | 41.18 | -59.49 | 19.68 | -22.91 | 125 |
| EPS Growth(%) | 0 | 38.22 | -34.17 | 42.42 | -59.05 | 18.83 | -23.03 | 124.99 |
| Debt/Equity(x) | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 |
| Current Ratio(x) | 5.4 | 7.4 | 5.18 | 4.27 | 4.99 | 6.43 | 4.23 | 3.8 |
| Quick Ratio(x) | 4.08 | 5.87 | 4.01 | 2.82 | 2.59 | 5.26 | 2.89 | 1.82 |
| Interest Cover(x) | 81.55 | 78.87 | 37 | 54.51 | 21.02 | 23.88 | 24.24 | 51.18 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0.01 | 0.01 | 0 | 0 | 0 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 74.06 | 74.06 | 74.06 | 74.06 | 74.06 | 74.06 | 74.06 | 74.06 | 74.06 | 74.06 |
| FII | 0 | 0 | 0.02 | 0 | 0.02 | 0 | 0.01 | 0 | 0 | 0.2 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 25.94 | 25.94 | 25.92 | 25.94 | 25.93 | 25.94 | 25.93 | 25.94 | 25.94 | 25.75 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 |
Pros
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
You May Also Know About
