Sharescart Research Club logo

Elecon Engg. Overview

Elecon Engineering Company Ltd is engaged in the manufacture of material handling equipment, industrial geared motors and reducers, mining device and casting procedures. The Company's segments consist of Material Handling Equipment, Transmission Equipment and Others. It is likewise engaged in designing and production worm gears; parallel shaft and right angle shaft; helical and spiral level helical gears; fluid geared and flexible couplings, as well as planetary tools containers. Its products include ET Series, EON Series, ETS Series, EOS Serie...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Elecon Engg. Key Financials

Market Cap ₹10956 Cr.

Stock P/E 26.4

P/B 4.8

Current Price ₹488.3

Book Value ₹ 102.8

Face Value 1

52W High ₹716.6

Dividend Yield 0.41%

52W Low ₹ 352

Elecon Engg. Share Price

₹ | |

Volume
Price

Elecon Engg. Quarterly Price

Show Value Show %

Elecon Engg. Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 474 565 392 508 529 798 491 578 552 746
Other Income 10 13 14 11 16 19 26 18 19 18
Total Income 484 578 407 520 545 816 517 596 571 763
Total Expenditure 353 429 300 396 386 602 360 452 443 588
Operating Profit 130 148 107 124 158 214 157 144 128 176
Interest 1 2 2 2 3 5 6 6 7 6
Depreciation 13 13 13 13 16 19 25 25 27 27
Exceptional Income / Expenses 0 0 0 0 0 0 80 0 0 -102
Profit Before Tax 116 134 92 108 139 190 207 113 94 40
Provision for Tax 27 33 21 23 33 46 32 25 22 34
Profit After Tax 89 101 71 86 107 144 175 88 72 6
Adjustments 1 2 2 2 1 2 1 0 0 0
Profit After Adjustments 90 104 73 88 108 146 175 88 72 6
Adjusted Earnings Per Share 4 4.6 3.3 3.9 4.8 6.5 7.8 3.9 3.2 0.3

Elecon Engg. 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 1329 1280 1202 1180 1225 1088 1044 1212 1530 1937 2227 2367
Other Income 17 30 9 5 100 36 80 16 26 44 60 81
Total Income 1346 1310 1210 1186 1324 1125 1124 1228 1556 1981 2287 2447
Total Expenditure 1153 1108 1027 1055 1118 976 932 972 1196 1463 1684 1843
Operating Profit 193 202 183 131 206 149 192 256 359 519 603 605
Interest 87 83 90 75 74 78 60 38 14 9 13 25
Depreciation 72 62 53 53 48 53 52 49 49 51 61 104
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 -22
Profit Before Tax 34 60 44 6 88 20 81 171 300 465 537 454
Provision for Tax 17 22 33 -2 18 -70 24 30 62 110 122 113
Profit After Tax 17 37 11 7 70 90 58 140 238 356 415 341
Adjustments -1 0 0 0 0 0 0 0 0 0 0 1
Profit After Adjustments 16 37 11 7 70 90 58 140 238 356 415 341
Adjusted Earnings Per Share 0.8 1.7 0.5 0.3 3.1 4 2.6 6.3 10.6 15.8 18.5 15.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 15% 22% 15% 5%
Operating Profit CAGR 16% 33% 32% 12%
PAT CAGR 17% 44% 36% 38%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -13% 31% 61% 32%
ROE Average 23% 23% 18% 11%
ROCE Average 31% 30% 24% 16%

Elecon Engg. 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 536 704 710 709 768 854 919 1050 1279 1604 1999
Minority's Interest 36 0 0 0 0 0 0 0 0 0 0
Borrowings 163 179 139 187 244 146 117 20 0 0 0
Other Non-Current Liabilities 149 113 118 120 133 114 112 105 108 120 194
Total Current Liabilities 1080 1208 1119 1140 1020 1015 839 540 343 399 537
Total Liabilities 1964 2203 2087 2156 2165 2129 1988 1715 1730 2123 2729
Fixed Assets 523 898 858 831 796 773 732 714 729 743 889
Other Non-Current Assets 81 92 104 98 107 120 122 114 113 161 144
Total Current Assets 1360 1213 1125 1227 1262 1236 1134 887 888 1219 1696
Total Assets 1964 2203 2087 2156 2165 2129 1988 1715 1730 2123 2729

Elecon Engg. 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 22 30 44 91 47 56 77 96 84 82 110
Cash Flow from Operating Activities 177 12 188 70 87 222 248 223 309 365 432
Cash Flow from Investing Activities 0 7 -7 -51 40 -25 -19 15 -166 -279 -316
Cash Flow from Financing Activities -168 -5 -134 -64 -118 -176 -210 -250 -145 -59 -67
Net Cash Inflow / Outflow 9 14 47 -44 9 21 19 -12 -2 27 49
Closing Cash & Cash Equivalent 32 44 91 47 56 77 96 84 82 110 159

Elecon Engg. 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) 0.75 1.72 0.48 0.33 3.12 4 2.57 6.26 10.58 15.85 18.5
CEPS(Rs) 4.07 4.57 2.85 2.69 5.26 6.37 4.89 8.43 12.77 18.12 21.21
DPS(Rs) 0.55 0.55 0.25 0.1 0.1 0 0.2 0.7 1 1.5 2
Book NAV/Share(Rs) 24.58 32.3 31.63 31.59 34.23 38.07 40.96 46.8 57 71.48 89.07
Core EBITDA Margin(%) 12.54 12.59 13.67 10.57 8.7 10.32 10.75 19.79 21.79 24.5 24.38
EBIT Margin(%) 8.63 10.43 10.49 6.8 13.23 8.93 13.56 17.21 20.5 24.48 24.71
Pre Tax Margin(%) 2.42 4.37 3.44 0.47 7.21 1.79 7.78 14.07 19.6 24.02 24.11
PAT Margin (%) 1.22 2.74 0.84 0.63 5.72 8.24 5.52 11.59 15.53 18.35 18.64
Cash Profit Margin (%) 6.33 7.29 5.02 5.08 9.63 13.13 10.51 15.6 18.73 20.98 21.37
ROA(%) 0.85 1.79 0.5 0.35 3.25 4.18 2.8 7.59 13.79 18.46 17.11
ROE(%) 3.21 6.03 1.52 1.06 9.49 11.06 6.5 14.27 20.39 24.67 23.04
ROCE(%) 10.74 11.77 10.18 6.24 12.39 7.5 11.42 17.71 25.82 32.9 30.52
Receivable days 222.65 209.01 190.97 199.53 188.34 202.02 195.67 138.96 90.77 74.5 86.78
Inventory Days 91.62 94.31 94.63 90.09 90.05 104.92 97.29 77.08 64.48 47.9 38.74
Payable days 272.22 321.85 346.65 307.02 273.24 333.62 354.8 221.77 119.11 81.23 83.03
PER(x) 44.45 15.89 55.16 115.35 10.12 2.38 12.33 11.49 18.04 29.97 24.28
Price/Book(x) 1.36 0.84 0.84 1.22 0.92 0.25 0.77 1.54 3.35 6.64 5.04
Dividend Yield(%) 1.65 2.02 0.95 0.26 0.32 0 0.63 0.97 0.52 0.32 0.45
EV/Net Sales(x) 0.94 0.92 0.9 1.16 0.97 0.48 0.82 1.32 2.66 5.36 4.37
EV/Core EBITDA(x) 6.47 5.84 5.93 10.46 5.74 3.54 4.46 6.26 11.34 20.04 16.13
Net Sales Growth(%) 2.78 -3.65 -6.16 -1.77 3.78 -11.13 -4.04 16.04 26.22 26.66 14.94
EBIT Growth(%) 10.91 17.76 -6.2 -39.49 100.33 -40.03 45.76 47.31 50.32 51.23 16.03
PAT Growth(%) 20.15 117.99 -71.23 -30.37 836.66 27.95 -35.75 143.78 69.06 49.71 16.74
EPS Growth(%) 19.02 128.63 -72.07 -30.37 836.68 27.95 -35.75 143.78 69.06 49.71 16.74
Debt/Equity(x) 1.03 0.89 0.82 0.83 0.71 0.49 0.31 0.1 0 0 0
Current Ratio(x) 1.26 1 1 1.08 1.24 1.22 1.35 1.64 2.59 3.05 3.16
Quick Ratio(x) 0.94 0.71 0.74 0.83 0.92 0.92 1.05 1.16 1.78 2.48 2.71
Interest Cover(x) 1.39 1.72 1.49 1.07 2.2 1.25 2.35 5.48 22.77 53.35 41.28
Total Debt/Mcap(x) 0.76 1.06 0.98 0.68 0.77 1.97 0.4 0.06 0 0 0

Elecon Engg. Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 59.29 59.27 59.27 59.27 59.27 59.27 59.27 59.27 59.27 59.27
FII 5.96 7.58 9.1 9.84 9.73 8.65 9.62 8.31 8.09 7.14
DII 2.64 2.3 2.55 2.98 3.7 4.42 3.82 4.17 4.53 5.72
Public 32.11 30.85 29.07 27.91 27.3 27.65 27.29 28.25 28.1 27.87
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Elecon Engg. News

Elecon Engg. Pros & Cons

Pros

  • Company has delivered good profit growth of 35% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 23%
  • Company is almost debt free.

Cons

  • Debtor days have increased from 81.23 to 83.03days.
  • Stock is trading at 4.8 times its book value.
whatsapp