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Eimco Elecon (India) Overview

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 ...Read More

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Eimco Elecon (India) Key Financials

Market Cap ₹908 Cr.

Stock P/E 18.6

P/B 1.9

Current Price ₹1573.5

Book Value ₹ 810.5

Face Value 10

52W High ₹3001.1

Dividend Yield 0.25%

52W Low ₹ 1413.7

Eimco Elecon (India) Share Price

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Volume
Price

Eimco Elecon (India) Quarterly Price

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Eimco Elecon (India) Peer Comparison

Eimco Elecon (India) Quarterly Results

#(Fig in Cr.) Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 70 67 46 64 68 33 63 67
Other Income 5 6 3 4 8 4 6 -1
Total Income 75 73 49 68 76 38 69 66
Total Expenditure 55 52 38 46 55 28 51 54
Operating Profit 20 21 11 22 20 9 18 12
Interest 0 0 0 0 0 0 0 0
Depreciation 2 2 2 3 2 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0
Profit Before Tax 18 19 8 20 18 7 16 9
Provision for Tax 4 6 2 5 4 2 4 3
Profit After Tax 15 13 6 15 14 5 13 6
Adjustments 0 0 0 0 0 -0 -0 -0
Profit After Adjustments 15 13 6 15 14 5 13 6
Adjusted Earnings Per Share 25.6 22.6 10.7 25.8 25.1 9.3 21.7 11

Eimco Elecon (India) Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 196 140 171 140 185 108 126 84 173 228 246 231
Other Income 5 8 13 10 11 11 11 13 10 19 19 17
Total Income 202 148 185 150 196 119 137 97 183 247 265 249
Total Expenditure 167 117 149 125 160 102 115 79 148 188 191 188
Operating Profit 35 30 35 25 36 17 22 18 35 58 74 59
Interest 0 0 0 1 1 1 1 0 1 1 1 0
Depreciation 4 6 5 5 5 6 7 8 8 7 8 8
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 30 24 30 19 30 10 14 10 26 50 66 50
Provision for Tax 9 6 5 3 7 1 3 1 6 10 17 13
Profit After Tax 22 17 25 16 23 9 11 9 21 40 49 38
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 22 17 25 16 23 9 11 9 21 40 49 38
Adjusted Earnings Per Share 37.3 30.3 43.5 28.5 40.2 16.3 19.5 14.8 36.2 70.1 84.8 67.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 8% 43% 18% 2%
Operating Profit CAGR 28% 60% 34% 8%
PAT CAGR 23% 76% 40% 8%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -10% 41% 36% 17%
ROE Average 12% 10% 7% 7%
ROCE Average 16% 13% 9% 9%

Eimco Elecon (India) Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 205 257 278 292 311 316 324 330 349 386 432
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 1 1 1 1 0 0 0 0
Other Non-Current Liabilities -0 67 44 24 29 31 35 7 5 5 8
Total Current Liabilities 38 29 22 33 28 22 32 53 40 70 62
Total Liabilities 243 353 345 350 369 370 392 390 394 461 502
Fixed Assets 28 65 64 73 71 75 84 78 73 71 67
Other Non-Current Assets 24 133 117 104 180 185 104 87 169 177 197
Total Current Assets 191 155 165 173 118 110 204 225 151 213 238
Total Assets 243 353 345 350 369 370 392 390 394 461 502

Eimco Elecon (India) Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 4 4 1 2 4 4 7 9 3 3 8
Cash Flow from Operating Activities 19 42 19 10 10 11 3 -10 7 12 33
Cash Flow from Investing Activities -16 -42 -15 -5 -8 -3 3 8 -5 -2 -36
Cash Flow from Financing Activities -3 -3 -3 -3 -3 -5 -3 -5 -2 -4 -4
Net Cash Inflow / Outflow 0 -3 1 2 -0 3 3 -6 -0 5 -6
Closing Cash & Cash Equivalent 4 1 2 4 4 7 9 3 3 8 2

Eimco Elecon (India) Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 37.3 30.27 43.5 28.51 40.25 16.31 19.51 14.77 36.18 70.06 84.78
CEPS(Rs) 44.8 41.18 52.47 37.16 48.87 26.42 32.17 28.8 49.7 83 99.21
DPS(Rs) 5 5 5 5 7 5 5 2.5 5 5 5
Book NAV/Share(Rs) 355.18 445.51 482.74 505.51 539.79 547.64 562.14 571.45 604.79 669.46 748.81
Core EBITDA Margin(%) 14.06 15.17 11.79 10.53 13.55 5.42 8.61 6.97 14.08 17.29 22.57
EBIT Margin(%) 14.59 16 16.27 14.05 16.77 9.93 11.81 12.21 15.63 22.37 26.84
Pre Tax Margin(%) 14.38 15.8 16.07 13.67 16.47 9.45 11.31 11.7 15.34 21.96 26.62
PAT Margin (%) 10.29 11.68 13.53 11.57 12.57 8.72 8.92 10.09 12.08 17.76 19.84
Cash Profit Margin (%) 12.35 15.89 16.33 15.08 15.26 14.13 14.71 19.67 16.6 21.04 23.22
ROA(%) 9.2 5.85 7.19 4.73 6.46 2.54 2.96 2.18 5.32 9.45 10.15
ROE(%) 10.97 7.56 9.37 5.77 7.7 3 3.52 2.61 6.15 11 11.96
ROCE(%) 15.56 10.36 11.27 7 10.24 3.4 4.64 3.15 7.96 13.85 16.17
Receivable days 160.63 171.11 99.12 139.96 119.37 154.84 133.59 217.39 97.17 117.61 120.15
Inventory Days 49.09 83.77 70.77 94.27 78.45 157.05 130.07 233.69 158.21 132.02 146.75
Payable days 87.36 139.43 74.9 97.39 81.05 122.16 99.75 180.3 71.48 68.68 71.68
PER(x) 10.45 10.51 11.13 14.56 9.62 11.96 17.18 21.08 9.86 21.73 16.66
Price/Book(x) 1.1 0.71 1 0.82 0.72 0.36 0.6 0.54 0.59 2.27 1.89
Dividend Yield(%) 1.28 1.57 1.03 1.2 1.81 2.56 1.49 0.8 1.4 0.33 0.35
EV/Net Sales(x) 1.12 1.3 1.62 1.68 1.2 0.99 1.46 2.09 1.18 3.82 3.3
EV/Core EBITDA(x) 6.33 6.02 7.83 9.45 6.15 6.45 8.32 9.58 5.83 14.91 10.91
Net Sales Growth(%) 1.56 -28.71 22.26 -18.17 31.88 -41.59 16.88 -33.05 104.53 31.72 8.34
EBIT Growth(%) 7.76 -21.63 26.12 -33.8 55.12 -65.43 39.05 -30.79 161.79 88.58 30.01
PAT Growth(%) 6.71 -18.86 43.71 -34.46 41.18 -59.49 19.68 -24.32 144.94 93.66 21.02
EPS Growth(%) 6.71 -18.86 43.71 -34.46 41.18 -59.49 19.68 -24.32 144.94 93.66 21.02
Debt/Equity(x) 0 0 0 0 0.01 0 0 0 0 0 0
Current Ratio(x) 4.97 5.4 7.4 5.18 4.27 4.99 6.43 4.23 3.8 3.06 3.82
Quick Ratio(x) 4.17 4.08 5.87 4.01 2.82 2.59 5.26 2.89 1.82 1.83 2.01
Interest Cover(x) 67.98 81.55 78.87 37 54.51 21.02 23.88 23.87 53.86 53.95 117.48
Total Debt/Mcap(x) 0 0 0 0 0.01 0.01 0 0 0 0 0

Eimco Elecon (India) Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 74.06 74.06 74.06 74.06 73.64 73.64 73.64 48.96 48.96 48.96
FII 0 0.2 0.1 0.1 0.29 0.45 0.21 0.6 3.39 3.1
DII 0 0 0.37 0.37 0.75 0.34 0.34 0.23 1.01 1.06
Public 25.94 25.75 25.48 25.47 25.32 25.57 25.82 50.21 46.65 46.89
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Eimco Elecon (India) News

Eimco Elecon (India) Pros & Cons

Pros

  • Company has delivered good profit growth of 40% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Promoter holding is low: 48.96%.
  • Company has a low return on equity of 10% over the last 3 years.
  • Debtor days have increased from 68.68 to 71.68days.
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