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Last Updated: April 2, 2026, 2:51 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 523708 | NSE: EIMCOELECO

Eimco Elecon (India) Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹1,392.52Overvalued by 10.04%vs CMP ₹1,548.00

P/E (18.9) × ROE (11.8%) × BV (₹778.00) × DY (0.32%)

₹1,186.75Overvalued by 23.34%vs CMP ₹1,548.00
MoS: -30.4% (Negative)Confidence: 58/100 (Moderate)Models: 2 Under, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹1,961.2323%Under (+26.7%)
Graham NumberEarnings₹1,196.9917%Over (-22.7%)
Earnings PowerEarnings₹550.2811%Over (-64.5%)
DCFCash Flow₹1,995.4311%Under (+28.9%)
Net Asset ValueAssets₹778.337%Over (-49.7%)
EV/EBITDAEnterprise₹884.089%Over (-42.9%)
Earnings YieldEarnings₹818.507%Over (-47.1%)
ROCE CapitalReturns₹210.437%Over (-86.4%)
Revenue MultipleRevenue₹426.446%Over (-72.5%)
Consensus (9 models)₹1,186.75100%Overvalued
Key Drivers: EPS CAGR 40.8% lifts DCF — verify sustainability. | Wide model spread (₹210–₹1,995) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 40.8%

*Investments are subject to market risks

Investment Snapshot

63
Eimco Elecon (India) Ltd scores 63/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health72/100 · Strong
ROCE 16.0% GoodROE 11.8% AverageD/E 0.01 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money85/100 · Strong
FII holding up 2.94% (6mo) AccumulatingDII holding up 0.67% MF buyingPromoter holding at 49.0% Stable
Earnings Quality65/100 · Strong
OPM expanding (13% → 21%) Improving
Quarterly Momentum25/100 · Weak
Revenue (4Q): -15% YoY DecliningProfit (4Q): -4% YoY Declining
Industry Rank75/100 · Strong
P/E 18.9 vs industry 37.1 Cheaper than peersROCE 16.0% vs industry 15.8% Average3Y sales CAGR: 43% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 2:51 am

Market Cap 893 Cr.
Current Price 1,548
Intrinsic Value₹1,186.75
High / Low 3,020/1,301
Stock P/E18.9
Book Value 778
Dividend Yield0.32 %
ROCE16.0 %
ROE11.8 %
Face Value 10.0
PEG Ratio0.46

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Eimco Elecon (India) Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Eimco Elecon (India) Ltd 893 Cr. 1,548 3,020/1,30118.9 7780.32 %16.0 %11.8 % 10.0
Macpower CNC Machines Ltd 868 Cr. 867 1,090/76126.4 1550.17 %27.1 %19.8 % 10.0
Walchandnagar Industries Ltd 972 Cr. 143 278/131 51.30.00 %8.33 %25.3 % 2.00
Bajaj Steel Industries Ltd 701 Cr. 337 870/30213.3 1990.30 %21.3 %17.9 % 5.00
Kabra Extrusion Technik Ltd 697 Cr. 199 330/171 1291.25 %7.90 %6.02 % 5.00
Industry Average9,009.11 Cr1,209.8537.05295.050.38%15.76%13.09%8.88

All Competitor Stocks of Eimco Elecon (India) Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 38644451488470674664683363
Expenses 32514138406855523846552851
Operating Profit 613213817151581812513
OPM % 16%21%6%25%16%20%22%23%17%28%18%16%20%
Other Income 3254455634846
Interest 0000000000000
Depreciation 2222222222222
Profit before tax 7146151019181982018716
Tax % 28%28%-4%22%23%22%19%32%26%24%21%22%22%
Net Profit 510612815151361514513
EPS in Rs 8.4816.9410.7820.4613.0925.7325.6222.6410.7325.7825.109.2721.70

Last Updated: February 6, 2026, 2:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 23, 2026, 11:46 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 19319614017114018510812684173228246228
Expenses 16416711714912515910211575148187190180
Operating Profit 292923221525611924405648
OPM % 15%15%16%13%11%14%5%9%11%14%18%23%21%
Other Income 4581310111111910181822
Interest 0000111100111
Depreciation 5465556788789
Profit before tax 28302430193010141026506661
Tax % 28%28%26%16%15%24%8%21%14%21%19%25%
Net Profit 202217251623911921404947
EPS in Rs 34.9737.3130.2743.5028.5040.2516.3119.5214.7736.1870.0584.7981.85
Dividend Payout % 11%13%17%12%18%17%31%26%17%14%7%6%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)10.00%-22.73%47.06%-36.00%43.75%-60.87%22.22%-18.18%133.33%90.48%22.50%
Change in YoY Net Profit Growth (%)0.00%-32.73%69.79%-83.06%79.75%-104.62%83.09%-40.40%151.52%-42.86%-67.98%

Eimco Elecon (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:2%
5 Years:18%
3 Years:43%
TTM:-4%
Compounded Profit Growth
10 Years:9%
5 Years:39%
3 Years:78%
TTM:-1%
Stock Price CAGR
10 Years:17%
5 Years:42%
3 Years:75%
1 Year:-35%
Return on Equity
10 Years:7%
5 Years:7%
3 Years:10%
Last Year:12%

Last Updated: September 5, 2025, 3:25 am

Balance Sheet

Last Updated: February 1, 2026, 12:36 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 6666666666666
Reserves 182199251273286306310318324343380426443
Borrowings 0000123201002
Other Liabilities 37394032433732413237645649
Total Liabilities 225244297311335350350367362387450488500
Fixed Assets 17286568777478878176737071
CWIP 10001911001013
Investments 7175126143142149153155153165180226236
Other Assets 136141106100115117109125128146197191190
Total Assets 225244297311335350350367362387450488500

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 1942191010113-107123322
Cash from Investing Activity + -16-42-15-5-8-338-5-2-36-22
Cash from Financing Activity + -3-3-3-3-3-5-3-5-2-4-4-1
Net Cash Flow 0-312-033-6-05-6-1
Free Cash Flow 43715-4-12-3-124727-37
CFO/OP 95%209%108%97%61%289%51%-84%45%49%83%75%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow29.0029.0023.0022.0014.0023.003.009.009.0023.0040.0056.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

No data available for the Financial Efficiency data table.

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 74.06%74.06%74.06%74.06%74.06%74.06%74.06%73.64%73.64%73.64%48.96%48.96%
FIIs 0.00%0.01%0.00%0.00%0.20%0.10%0.10%0.28%0.45%0.21%0.60%3.39%
DIIs 0.00%0.00%0.00%0.00%0.00%0.36%0.37%0.75%0.33%0.33%0.23%1.00%
Public 25.96%25.93%25.94%25.95%25.74%25.47%25.47%25.32%25.58%25.82%50.22%46.65%
No. of Shareholders 7,6747,4316,7648,9068,3489,93512,28112,75812,03412,02015,98918,204

Shareholding Pattern Chart

No. of Shareholders

Eimco Elecon (India) Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 66.8333.8515.0419.5516.45
Diluted EPS (Rs.) 66.8333.8515.0419.5516.45
Cash EPS (Rs.) 79.7447.2328.8032.1726.42
Book Value[Excl.RevalReserv]/Share (Rs.) 669.46608.02577.01567.42552.89
Book Value[Incl.RevalReserv]/Share (Rs.) 669.46608.02577.01567.42552.89
Revenue From Operations / Share (Rs.) 394.39299.38146.39218.15187.07
PBDIT / Share (Rs.) 97.9157.8331.9038.4828.69
PBIT / Share (Rs.) 84.9744.3117.8625.8218.57
PBT / Share (Rs.) 83.3343.4417.1224.7417.68
Net Profit / Share (Rs.) 66.8033.7014.7719.5116.31
NP After MI And SOA / Share (Rs.) 66.8333.8515.0419.5516.45
PBDIT Margin (%) 24.8219.3121.7817.6315.33
PBIT Margin (%) 21.5414.8012.2011.839.92
PBT Margin (%) 21.1214.5011.6911.339.45
Net Profit Margin (%) 16.9311.2510.088.948.71
NP After MI And SOA Margin (%) 16.9411.3010.278.958.79
Return on Networth / Equity (%) 9.985.562.603.442.97
Return on Capital Employeed (%) 12.517.173.034.393.23
Return On Assets (%) 8.555.022.373.052.68
Long Term Debt / Equity (X) 0.000.000.000.000.01
Total Debt / Equity (X) 0.000.000.000.000.01
Asset Turnover Ratio (%) 0.540.450.230.340.30
Current Ratio (X) 3.444.427.714.114.99
Quick Ratio (X) 1.982.004.932.912.59
Inventory Turnover Ratio (X) 1.050.620.760.661.00
Dividend Payout Ratio (NP) (%) 7.487.3833.2325.5842.55
Dividend Payout Ratio (CP) (%) 6.265.2717.1915.5226.34
Earning Retention Ratio (%) 92.5292.6266.7774.4257.45
Cash Earning Retention Ratio (%) 93.7494.7382.8184.4873.66
Interest Coverage Ratio (X) 59.8766.5843.0335.5832.48
Interest Coverage Ratio (Post Tax) (X) 41.8439.7920.9219.0519.46
Enterprise Value (Cr.) 869.99202.98176.35185.34107.91
EV / Net Operating Revenue (X) 3.821.182.091.470.99
EV / EBITDA (X) 15.406.089.588.356.52
MarketCap / Net Operating Revenue (X) 3.861.192.131.541.04
Retention Ratios (%) 92.5192.6166.7674.4157.44
Price / BV (X) 2.270.580.530.590.35
Price / Net Operating Revenue (X) 3.861.192.131.541.04
EarningsYield 0.040.090.040.050.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Eimco Elecon (India) Ltd. is a Public Limited Listed company incorporated on 31/07/1974 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L29199GJ1974PLC002574 and registration number is 002574. Currently Company is involved in the business activities of Manufacture of machinery for mining, quarrying and construction. Company's Total Operating Revenue is Rs. 230.75 Cr. and Equity Capital is Rs. 5.77 Cr. for the Year ended 31/03/2026.
INDUSTRYADDRESSCONTACT
Engineering - HeavyAnand-Sojitra Road, Vallabh Vidyanagar, Anand Dist. Gujarat 388120Contact not found
Management
NamePosition Held
Mr. Pradip M PatelChairman & Non-Exe.Director
Mr. Prayasvin B PatelExecutive Director
Mr. Mukulnarayan DwivediExecutive Director
Mr. Venkatraman SrinivasanIndependent Director
Mrs. Manjuladevi P ShroffIndependent Director
Mr. Jai S DiwanjiIndependent Director
Mr. Prashant C AminNon Executive Director
Mr. Sunil C VakilIndependent Director

FAQ

What is the intrinsic value of Eimco Elecon (India) Ltd and is it undervalued?

As of 17 April 2026, Eimco Elecon (India) Ltd's intrinsic value is ₹1186.75, which is 23.34% lower than the current market price of ₹1,548.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (11.8 %), book value (₹778), dividend yield (0.32 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Eimco Elecon (India) Ltd?

Eimco Elecon (India) Ltd is trading at ₹1,548.00 as of 17 April 2026, with a FY2026-2027 high of ₹3,020 and low of ₹1,301. The stock is currently near its 52-week low. Market cap stands at ₹893 Cr..

How does Eimco Elecon (India) Ltd's P/E ratio compare to its industry?

Eimco Elecon (India) Ltd has a P/E ratio of 18.9, which is below the industry average of 37.05. This is broadly in line with or below the industry average.

Is Eimco Elecon (India) Ltd financially healthy?

Key indicators for Eimco Elecon (India) Ltd: ROCE of 16.0 % indicates efficient capital utilization. Dividend yield is 0.32 %.

Is Eimco Elecon (India) Ltd profitable and how is the profit trend?

Eimco Elecon (India) Ltd reported a net profit of ₹49 Cr in Mar 2025 on revenue of ₹246 Cr. Compared to ₹9 Cr in Mar 2022, the net profit shows an improving trend.

Does Eimco Elecon (India) Ltd pay dividends?

Eimco Elecon (India) Ltd has a dividend yield of 0.32 % at the current price of ₹1,548.00. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Eimco Elecon (India) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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