Share Price and Basic Stock Data
Last Updated: January 24, 2026, 3:53 pm
| PEG Ratio | 0.68 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Elecon Engineering Company Ltd operates in the heavy engineering sector, focusing on manufacturing and engineering solutions. As of September 2023, the company reported sales of ₹485 Cr, which rose to ₹529 Cr in December 2024, highlighting a consistent upward trend in revenue. The trailing twelve months (TTM) sales stood at ₹2,395 Cr, reflecting a significant increase from ₹1,212 Cr in March 2022 and ₹1,530 Cr in March 2023. The increase in sales is indicative of strong demand for Elecon’s products, with the operating profit margin (OPM) averaging 24% over the past few quarters, underscoring effective cost management. The company’s quarterly sales figures show a robust growth trajectory, particularly from March 2024’s ₹1,937 Cr to March 2025’s ₹2,227 Cr. The steady increase in revenue can be attributed to Elecon’s diversified product offerings and an expanding customer base, positioning it well for sustained growth in the engineering sector.
Profitability and Efficiency Metrics
Elecon Engineering’s profitability metrics are noteworthy, with a reported net profit of ₹517 Cr, driven by a net profit margin of 18.27% for the year ending March 2025. This performance reflects a robust return on equity (ROE) of 23.0% and return on capital employed (ROCE) of 28.5%, which are significantly higher than typical benchmarks in the engineering sector. The company’s interest coverage ratio (ICR) stood at an impressive 46.21x, indicating strong earnings relative to interest obligations. This high ICR suggests that Elecon can easily meet its interest expenses, positioning it favorably against competitors. Furthermore, the cash conversion cycle (CCC) averaged 87 days, demonstrating efficient management of receivables, inventory, and payables. The operating profit increased to ₹543 Cr for the year ending March 2025, reflecting the company’s ability to enhance operational efficiency and maintain profitability even amidst fluctuating market conditions.
Balance Sheet Strength and Financial Ratios
Elecon Engineering’s balance sheet reveals a strong financial position, with total assets reported at ₹2,996 Cr as of September 2025. The company has managed to maintain low borrowings, which stood at ₹258 Cr, demonstrating prudent financial management and low leverage. Reserves have significantly increased to ₹2,222 Cr, underscoring a solid retained earnings strategy. The company’s current ratio of 3.16x indicates robust liquidity, far exceeding the typical sector benchmark of 1.5x, which positions Elecon well to cover its short-term obligations. Furthermore, the price-to-book value (P/BV) ratio stood at 5.04x, suggesting that the market values the company at a premium compared to its book value. This premium indicates investor confidence in Elecon’s growth potential. The overall financial ratios reflect a well-capitalized firm that is effectively managing its resources and liabilities to foster growth and stability.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Elecon Engineering illustrates a stable and confident investor base, with promoters holding 59.28% of the shares. This significant stake by promoters indicates strong faith in the company’s future prospects. Foreign institutional investors (FIIs) have also shown increasing interest, rising from 1.95% in December 2022 to 8.31% as of September 2025, reflecting growing confidence in Elecon’s performance. Domestic institutional investors (DIIs) hold 4.13%, while the public holds 28.25%. The number of shareholders has increased to 126,319, showcasing growing retail investor interest. This broadening of the ownership base can enhance liquidity and stability in the stock. The consistent promoter holding coupled with rising institutional participation suggests that Elecon is viewed favorably in the market, reinforcing investor confidence in its long-term growth trajectory.
Outlook, Risks, and Final Insight
Looking ahead, Elecon Engineering is poised for continued growth, driven by increasing demand in the heavy engineering sector and its strong financial metrics. However, potential risks include economic fluctuations that could impact capital expenditure in the engineering sector and supply chain disruptions that could affect production. Additionally, rising raw material costs could pressure margins if not managed effectively. The company’s ability to adapt to these challenges will be crucial for sustaining its growth momentum. Overall, Elecon Engineering appears well-positioned for future success, with a strong balance sheet, efficient operations, and a solid market presence. Investors should monitor economic conditions and the company’s responses to potential risks as they evaluate future performance. The combination of robust fundamentals and a favorable market environment suggests that Elecon could continue to deliver value to its shareholders.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Lakshmi Engineering & Warehousing Ltd | 134 Cr. | 2,000 | 2,787/1,805 | 157 | 328 | 0.50 % | 5.84 % | 4.01 % | 100 |
| HLE Glascoat Ltd | 2,751 Cr. | 396 | 662/218 | 48.1 | 73.0 | 0.28 % | 12.5 % | 10.7 % | 2.00 |
| Harish Textile Engineers Ltd | 21.2 Cr. | 63.7 | 94.2/52.4 | 6.42 | 33.2 | 0.00 % | 9.56 % | 2.84 % | 10.0 |
| Disa India Ltd | 1,683 Cr. | 11,575 | 16,890/11,200 | 32.5 | 1,905 | 1.73 % | 28.9 % | 21.2 % | 10.0 |
| Cranex Ltd | 46.3 Cr. | 70.5 | 130/56.0 | 23.8 | 38.3 | 0.00 % | 10.3 % | 11.1 % | 10.0 |
| Industry Average | 8,966.79 Cr | 1,301.19 | 71.44 | 296.33 | 0.38% | 15.76% | 12.90% | 8.88 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 389 | 389 | 425 | 414 | 485 | 474 | 565 | 392 | 508 | 529 | 798 | 491 | 578 |
| Expenses | 296 | 300 | 332 | 314 | 366 | 353 | 429 | 300 | 396 | 386 | 602 | 360 | 452 |
| Operating Profit | 93 | 89 | 93 | 100 | 119 | 120 | 135 | 92 | 112 | 143 | 195 | 130 | 126 |
| OPM % | 24% | 23% | 22% | 24% | 24% | 25% | 24% | 24% | 22% | 27% | 24% | 27% | 22% |
| Other Income | 5 | 4 | 9 | 9 | 14 | 11 | 16 | 17 | 14 | 17 | 21 | 108 | 18 |
| Interest | 3 | 2 | 5 | 2 | 3 | 1 | 2 | 2 | 2 | 3 | 5 | 6 | 6 |
| Depreciation | 12 | 12 | 14 | 12 | 13 | 13 | 13 | 13 | 13 | 16 | 19 | 25 | 25 |
| Profit before tax | 83 | 79 | 84 | 94 | 117 | 117 | 136 | 94 | 111 | 140 | 192 | 207 | 113 |
| Tax % | 22% | 20% | 19% | 23% | 24% | 23% | 24% | 22% | 21% | 23% | 24% | 15% | 22% |
| Net Profit | 65 | 63 | 68 | 73 | 89 | 90 | 104 | 73 | 88 | 108 | 146 | 175 | 88 |
| EPS in Rs | 2.90 | 2.80 | 3.03 | 3.25 | 3.95 | 4.03 | 4.62 | 3.27 | 3.91 | 4.79 | 6.53 | 7.82 | 3.91 |
Last Updated: January 1, 2026, 9:32 pm
Below is a detailed analysis of the quarterly data for Elecon Engineering Company Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 578.00 Cr.. The value appears strong and on an upward trend. It has increased from 491.00 Cr. (Jun 2025) to 578.00 Cr., marking an increase of 87.00 Cr..
- For Expenses, as of Sep 2025, the value is 452.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 360.00 Cr. (Jun 2025) to 452.00 Cr., marking an increase of 92.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 126.00 Cr.. The value appears to be declining and may need further review. It has decreased from 130.00 Cr. (Jun 2025) to 126.00 Cr., marking a decrease of 4.00 Cr..
- For OPM %, as of Sep 2025, the value is 22.00%. The value appears to be declining and may need further review. It has decreased from 27.00% (Jun 2025) to 22.00%, marking a decrease of 5.00%.
- For Other Income, as of Sep 2025, the value is 18.00 Cr.. The value appears to be declining and may need further review. It has decreased from 108.00 Cr. (Jun 2025) to 18.00 Cr., marking a decrease of 90.00 Cr..
- For Interest, as of Sep 2025, the value is 6.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 6.00 Cr..
- For Depreciation, as of Sep 2025, the value is 25.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 25.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 113.00 Cr.. The value appears to be declining and may need further review. It has decreased from 207.00 Cr. (Jun 2025) to 113.00 Cr., marking a decrease of 94.00 Cr..
- For Tax %, as of Sep 2025, the value is 22.00%. The value appears to be increasing, which may not be favorable. It has increased from 15.00% (Jun 2025) to 22.00%, marking an increase of 7.00%.
- For Net Profit, as of Sep 2025, the value is 88.00 Cr.. The value appears to be declining and may need further review. It has decreased from 175.00 Cr. (Jun 2025) to 88.00 Cr., marking a decrease of 87.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 3.91. The value appears to be declining and may need further review. It has decreased from 7.82 (Jun 2025) to 3.91, marking a decrease of 3.91.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:24 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,293 | 1,329 | 1,280 | 1,202 | 1,180 | 1,225 | 1,088 | 1,044 | 1,212 | 1,530 | 1,937 | 2,227 | 2,395 |
| Expenses | 1,136 | 1,153 | 1,105 | 1,027 | 1,055 | 1,084 | 947 | 858 | 960 | 1,189 | 1,463 | 1,684 | 1,801 |
| Operating Profit | 157 | 176 | 176 | 175 | 126 | 140 | 142 | 186 | 252 | 341 | 475 | 543 | 594 |
| OPM % | 12% | 13% | 14% | 15% | 11% | 11% | 13% | 18% | 21% | 22% | 24% | 24% | 25% |
| Other Income | 14 | 17 | 29 | 12 | 8 | 69 | 9 | 8 | 5 | 22 | 50 | 68 | 164 |
| Interest | 80 | 87 | 83 | 90 | 75 | 74 | 78 | 60 | 38 | 14 | 9 | 13 | 20 |
| Depreciation | 62 | 72 | 62 | 53 | 53 | 48 | 53 | 52 | 49 | 49 | 51 | 61 | 85 |
| Profit before tax | 29 | 34 | 60 | 44 | 6 | 88 | 20 | 81 | 171 | 300 | 465 | 537 | 652 |
| Tax % | 51% | 49% | 37% | 75% | -33% | 21% | -360% | 29% | 18% | 21% | 24% | 23% | |
| Net Profit | 14 | 17 | 37 | 11 | 7 | 70 | 90 | 58 | 140 | 238 | 356 | 415 | 517 |
| EPS in Rs | 0.63 | 0.75 | 1.72 | 0.48 | 0.33 | 3.12 | 4.00 | 2.57 | 6.26 | 10.58 | 15.85 | 18.50 | 23.05 |
| Dividend Payout % | 79% | 73% | 32% | 52% | 30% | 3% | 0% | 8% | 11% | 9% | 9% | 11% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 21.43% | 117.65% | -70.27% | -36.36% | 900.00% | 28.57% | -35.56% | 141.38% | 70.00% | 49.58% | 16.57% |
| Change in YoY Net Profit Growth (%) | 0.00% | 96.22% | -187.92% | 33.91% | 936.36% | -871.43% | -64.13% | 176.93% | -71.38% | -20.42% | -33.01% |
Elecon Engineering Company 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: | 5% |
| 5 Years: | 15% |
| 3 Years: | 22% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 40% |
| 5 Years: | 36% |
| 3 Years: | 42% |
| TTM: | 26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 106% |
| 3 Years: | 44% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 19% |
| 3 Years: | 23% |
| Last Year: | 23% |
Last Updated: September 5, 2025, 3:25 am
Balance Sheet
Last Updated: December 4, 2025, 1:12 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 510 | 514 | 682 | 687 | 686 | 746 | 832 | 897 | 1,028 | 1,257 | 1,582 | 1,976 | 2,222 |
| Borrowings | 633 | 552 | 629 | 583 | 590 | 548 | 483 | 335 | 151 | 52 | 70 | 181 | 258 |
| Other Liabilities | 892 | 877 | 870 | 794 | 857 | 849 | 792 | 733 | 513 | 399 | 449 | 550 | 494 |
| Total Liabilities | 2,058 | 1,964 | 2,203 | 2,087 | 2,156 | 2,165 | 2,129 | 1,988 | 1,715 | 1,730 | 2,123 | 2,729 | 2,996 |
| Fixed Assets | 595 | 523 | 898 | 861 | 834 | 799 | 799 | 758 | 739 | 754 | 769 | 914 | 1,004 |
| CWIP | 7 | 4 | 8 | 2 | 1 | 5 | 0 | 0 | 1 | 0 | 1 | 7 | 26 |
| Investments | 14 | 15 | 49 | 49 | 51 | 54 | 53 | 53 | 54 | 77 | 286 | 496 | 684 |
| Other Assets | 1,441 | 1,422 | 1,248 | 1,175 | 1,270 | 1,307 | 1,277 | 1,176 | 921 | 899 | 1,067 | 1,313 | 1,283 |
| Total Assets | 2,058 | 1,964 | 2,203 | 2,087 | 2,156 | 2,165 | 2,129 | 1,988 | 1,715 | 1,730 | 2,123 | 2,729 | 2,996 |
Below is a detailed analysis of the balance sheet data for Elecon Engineering Company Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 22.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 22.00 Cr..
- For Reserves, as of Sep 2025, the value is 2,222.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,976.00 Cr. (Mar 2025) to 2,222.00 Cr., marking an increase of 246.00 Cr..
- For Borrowings, as of Sep 2025, the value is 258.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 181.00 Cr. (Mar 2025) to 258.00 Cr., marking an increase of 77.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 494.00 Cr.. The value appears to be improving (decreasing). It has decreased from 550.00 Cr. (Mar 2025) to 494.00 Cr., marking a decrease of 56.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 2,996.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,729.00 Cr. (Mar 2025) to 2,996.00 Cr., marking an increase of 267.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 1,004.00 Cr.. The value appears strong and on an upward trend. It has increased from 914.00 Cr. (Mar 2025) to 1,004.00 Cr., marking an increase of 90.00 Cr..
- For CWIP, as of Sep 2025, the value is 26.00 Cr.. The value appears strong and on an upward trend. It has increased from 7.00 Cr. (Mar 2025) to 26.00 Cr., marking an increase of 19.00 Cr..
- For Investments, as of Sep 2025, the value is 684.00 Cr.. The value appears strong and on an upward trend. It has increased from 496.00 Cr. (Mar 2025) to 684.00 Cr., marking an increase of 188.00 Cr..
- For Other Assets, as of Sep 2025, the value is 1,283.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,313.00 Cr. (Mar 2025) to 1,283.00 Cr., marking a decrease of 30.00 Cr..
- For Total Assets, as of Sep 2025, the value is 2,996.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,729.00 Cr. (Mar 2025) to 2,996.00 Cr., marking an increase of 267.00 Cr..
Notably, the Reserves (2,222.00 Cr.) exceed the Borrowings (258.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -476.00 | -376.00 | -453.00 | -408.00 | -464.00 | -408.00 | -341.00 | -149.00 | 101.00 | 289.00 | 405.00 | 362.00 |
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.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 241 | 236 | 201 | 191 | 208 | 177 | 205 | 177 | 125 | 82 | 84 | 101 |
| Inventory Days | 209 | 187 | 218 | 203 | 189 | 206 | 248 | 188 | 167 | 142 | 97 | 86 |
| Days Payable | 289 | 278 | 331 | 326 | 295 | 259 | 420 | 319 | 173 | 100 | 80 | 99 |
| Cash Conversion Cycle | 161 | 145 | 88 | 69 | 102 | 124 | 33 | 46 | 119 | 125 | 102 | 87 |
| Working Capital Days | 46 | 66 | -11 | -27 | 1 | 50 | 38 | 54 | 71 | 75 | 67 | 63 |
| ROCE % | 9% | 10% | 10% | 10% | 6% | 10% | 8% | 11% | 17% | 25% | 31% | 28% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Franklin India Small Cap Fund | 2,375,380 | 0.89 | 119.83 | N/A | N/A | N/A |
| HDFC Multi Cap Fund | 1,200,000 | 0.3 | 60.53 | 600,000 | 2025-12-07 00:59:38 | 100% |
| Templeton India Value Fund | 294,291 | 0.64 | 14.85 | N/A | N/A | N/A |
| Bandhan Infrastructure Fund | 255,561 | 0.82 | 12.89 | 30,458 | 2025-12-07 00:59:38 | 739.06% |
| Sundaram Infrastructure Advantage Fund | 175,000 | 0.92 | 8.83 | N/A | N/A | N/A |
| ITI ELSS Tax Saver Fund | 53,326 | 0.61 | 2.69 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 18.50 | 31.69 | 21.17 | 12.52 | 5.14 |
| Diluted EPS (Rs.) | 18.50 | 31.69 | 21.17 | 12.52 | 5.14 |
| Cash EPS (Rs.) | 20.84 | 35.66 | 25.25 | 16.72 | 9.61 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 89.07 | 142.96 | 114.00 | 93.60 | 81.93 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 89.07 | 142.96 | 114.00 | 93.60 | 81.93 |
| Revenue From Operations / Share (Rs.) | 99.24 | 172.68 | 136.34 | 107.27 | 93.11 |
| PBDIT / Share (Rs.) | 26.86 | 46.21 | 31.99 | 22.73 | 17.05 |
| PBIT / Share (Rs.) | 24.15 | 41.68 | 27.62 | 18.40 | 12.41 |
| PBT / Share (Rs.) | 23.57 | 40.91 | 26.43 | 15.07 | 7.08 |
| Net Profit / Share (Rs.) | 18.14 | 31.12 | 20.88 | 12.39 | 4.97 |
| NP After MI And SOA / Share (Rs.) | 18.50 | 31.69 | 21.17 | 12.52 | 5.14 |
| PBDIT Margin (%) | 27.06 | 26.76 | 23.46 | 21.18 | 18.31 |
| PBIT Margin (%) | 24.33 | 24.13 | 20.25 | 17.15 | 13.32 |
| PBT Margin (%) | 23.74 | 23.68 | 19.38 | 14.04 | 7.60 |
| Net Profit Margin (%) | 18.27 | 18.02 | 15.31 | 11.55 | 5.33 |
| NP After MI And SOA Margin (%) | 18.63 | 18.35 | 15.52 | 11.67 | 5.51 |
| Return on Networth / Equity (%) | 20.76 | 22.16 | 18.56 | 13.37 | 6.26 |
| Return on Capital Employeed (%) | 24.71 | 27.11 | 22.46 | 17.50 | 12.06 |
| Return On Assets (%) | 15.20 | 16.74 | 13.71 | 8.17 | 2.89 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.01 | 0.12 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.09 | 0.26 |
| Asset Turnover Ratio (%) | 0.91 | 1.00 | 0.88 | 0.51 | 0.41 |
| Current Ratio (X) | 3.16 | 3.05 | 2.52 | 1.64 | 1.35 |
| Quick Ratio (X) | 2.71 | 2.47 | 1.73 | 1.16 | 1.05 |
| Inventory Turnover Ratio (X) | 9.42 | 3.30 | 2.66 | 2.08 | 1.32 |
| Dividend Payout Ratio (NP) (%) | 8.10 | 9.46 | 6.61 | 3.19 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 7.07 | 8.28 | 5.48 | 2.37 | 0.00 |
| Earning Retention Ratio (%) | 91.90 | 90.54 | 93.39 | 96.81 | 0.00 |
| Cash Earning Retention Ratio (%) | 92.93 | 91.72 | 94.52 | 97.63 | 0.00 |
| Interest Coverage Ratio (X) | 46.21 | 60.02 | 26.96 | 6.83 | 3.20 |
| Interest Coverage Ratio (Post Tax) (X) | 32.21 | 41.41 | 18.60 | 4.72 | 1.93 |
| Enterprise Value (Cr.) | 9722.67 | 10394.01 | 4074.55 | 1601.88 | 816.88 |
| EV / Net Operating Revenue (X) | 4.37 | 5.36 | 2.66 | 1.33 | 0.78 |
| EV / EBITDA (X) | 16.13 | 20.05 | 11.35 | 6.28 | 4.27 |
| MarketCap / Net Operating Revenue (X) | 4.53 | 5.50 | 2.80 | 1.34 | 0.68 |
| Retention Ratios (%) | 91.89 | 90.53 | 93.38 | 96.80 | 0.00 |
| Price / BV (X) | 5.04 | 6.64 | 3.35 | 1.54 | 0.77 |
| Price / Net Operating Revenue (X) | 4.53 | 5.50 | 2.80 | 1.34 | 0.68 |
| EarningsYield | 0.04 | 0.03 | 0.05 | 0.08 | 0.08 |
After reviewing the key financial ratios for Elecon Engineering Company Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. It has decreased from 2.00 (Mar 24) to 1.00, marking a decrease of 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 18.50. This value is within the healthy range. It has decreased from 31.69 (Mar 24) to 18.50, marking a decrease of 13.19.
- For Diluted EPS (Rs.), as of Mar 25, the value is 18.50. This value is within the healthy range. It has decreased from 31.69 (Mar 24) to 18.50, marking a decrease of 13.19.
- For Cash EPS (Rs.), as of Mar 25, the value is 20.84. This value is within the healthy range. It has decreased from 35.66 (Mar 24) to 20.84, marking a decrease of 14.82.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 89.07. It has decreased from 142.96 (Mar 24) to 89.07, marking a decrease of 53.89.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 89.07. It has decreased from 142.96 (Mar 24) to 89.07, marking a decrease of 53.89.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 99.24. It has decreased from 172.68 (Mar 24) to 99.24, marking a decrease of 73.44.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 26.86. This value is within the healthy range. It has decreased from 46.21 (Mar 24) to 26.86, marking a decrease of 19.35.
- For PBIT / Share (Rs.), as of Mar 25, the value is 24.15. This value is within the healthy range. It has decreased from 41.68 (Mar 24) to 24.15, marking a decrease of 17.53.
- For PBT / Share (Rs.), as of Mar 25, the value is 23.57. This value is within the healthy range. It has decreased from 40.91 (Mar 24) to 23.57, marking a decrease of 17.34.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 18.14. This value is within the healthy range. It has decreased from 31.12 (Mar 24) to 18.14, marking a decrease of 12.98.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 18.50. This value is within the healthy range. It has decreased from 31.69 (Mar 24) to 18.50, marking a decrease of 13.19.
- For PBDIT Margin (%), as of Mar 25, the value is 27.06. This value is within the healthy range. It has increased from 26.76 (Mar 24) to 27.06, marking an increase of 0.30.
- For PBIT Margin (%), as of Mar 25, the value is 24.33. This value exceeds the healthy maximum of 20. It has increased from 24.13 (Mar 24) to 24.33, marking an increase of 0.20.
- For PBT Margin (%), as of Mar 25, the value is 23.74. This value is within the healthy range. It has increased from 23.68 (Mar 24) to 23.74, marking an increase of 0.06.
- For Net Profit Margin (%), as of Mar 25, the value is 18.27. This value exceeds the healthy maximum of 10. It has increased from 18.02 (Mar 24) to 18.27, marking an increase of 0.25.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 18.63. This value is within the healthy range. It has increased from 18.35 (Mar 24) to 18.63, marking an increase of 0.28.
- For Return on Networth / Equity (%), as of Mar 25, the value is 20.76. This value is within the healthy range. It has decreased from 22.16 (Mar 24) to 20.76, marking a decrease of 1.40.
- For Return on Capital Employeed (%), as of Mar 25, the value is 24.71. This value is within the healthy range. It has decreased from 27.11 (Mar 24) to 24.71, marking a decrease of 2.40.
- For Return On Assets (%), as of Mar 25, the value is 15.20. This value is within the healthy range. It has decreased from 16.74 (Mar 24) to 15.20, marking a decrease of 1.54.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.91. It has decreased from 1.00 (Mar 24) to 0.91, marking a decrease of 0.09.
- For Current Ratio (X), as of Mar 25, the value is 3.16. This value exceeds the healthy maximum of 3. It has increased from 3.05 (Mar 24) to 3.16, marking an increase of 0.11.
- For Quick Ratio (X), as of Mar 25, the value is 2.71. This value exceeds the healthy maximum of 2. It has increased from 2.47 (Mar 24) to 2.71, marking an increase of 0.24.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 9.42. This value exceeds the healthy maximum of 8. It has increased from 3.30 (Mar 24) to 9.42, marking an increase of 6.12.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 8.10. This value is below the healthy minimum of 20. It has decreased from 9.46 (Mar 24) to 8.10, marking a decrease of 1.36.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 7.07. This value is below the healthy minimum of 20. It has decreased from 8.28 (Mar 24) to 7.07, marking a decrease of 1.21.
- For Earning Retention Ratio (%), as of Mar 25, the value is 91.90. This value exceeds the healthy maximum of 70. It has increased from 90.54 (Mar 24) to 91.90, marking an increase of 1.36.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 92.93. This value exceeds the healthy maximum of 70. It has increased from 91.72 (Mar 24) to 92.93, marking an increase of 1.21.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 46.21. This value is within the healthy range. It has decreased from 60.02 (Mar 24) to 46.21, marking a decrease of 13.81.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 32.21. This value is within the healthy range. It has decreased from 41.41 (Mar 24) to 32.21, marking a decrease of 9.20.
- For Enterprise Value (Cr.), as of Mar 25, the value is 9,722.67. It has decreased from 10,394.01 (Mar 24) to 9,722.67, marking a decrease of 671.34.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.37. This value exceeds the healthy maximum of 3. It has decreased from 5.36 (Mar 24) to 4.37, marking a decrease of 0.99.
- For EV / EBITDA (X), as of Mar 25, the value is 16.13. This value exceeds the healthy maximum of 15. It has decreased from 20.05 (Mar 24) to 16.13, marking a decrease of 3.92.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.53. This value exceeds the healthy maximum of 3. It has decreased from 5.50 (Mar 24) to 4.53, marking a decrease of 0.97.
- For Retention Ratios (%), as of Mar 25, the value is 91.89. This value exceeds the healthy maximum of 70. It has increased from 90.53 (Mar 24) to 91.89, marking an increase of 1.36.
- For Price / BV (X), as of Mar 25, the value is 5.04. This value exceeds the healthy maximum of 3. It has decreased from 6.64 (Mar 24) to 5.04, marking a decrease of 1.60.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.53. This value exceeds the healthy maximum of 3. It has decreased from 5.50 (Mar 24) to 4.53, marking a decrease of 0.97.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has increased from 0.03 (Mar 24) to 0.04, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Elecon Engineering Company Ltd:
- Net Profit Margin: 18.27%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 24.71% (Industry Average ROCE: 15.76%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 20.76% (Industry Average ROE: 12.9%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 32.21
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.71
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 20.3 (Industry average Stock P/E: 71.44)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 18.27%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Engineering - Heavy | Anand-Sojitra Road, Vallab Vidyanagar Gujarat 388120 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Prayasvin B Patel | Chairman & Managing Director (Executive Director) |
| Mr. Prashant C Amin | Non Executive Director |
| Mr. Pradip M Patel | Non Executive Director |
| Mr. Aayush A Shah | Non Executive Director |
| Dr. Sonal V Ambani | Independent Director |
| Mr. Ashutosh A Pednekar | Independent Director |
| Mr. Pranav C Amin | Independent Director |
| Mr. Nirmal P Bhogilal | Independent Director |
FAQ
What is the intrinsic value of Elecon Engineering Company Ltd?
Elecon Engineering Company Ltd's intrinsic value (as of 25 January 2026) is ₹487.34 which is 29.96% higher the current market price of ₹375.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹8,415 Cr. market cap, FY2025-2026 high/low of ₹717/348, reserves of ₹2,222 Cr, and liabilities of ₹2,996 Cr.
What is the Market Cap of Elecon Engineering Company Ltd?
The Market Cap of Elecon Engineering Company Ltd is 8,415 Cr..
What is the current Stock Price of Elecon Engineering Company Ltd as on 25 January 2026?
The current stock price of Elecon Engineering Company Ltd as on 25 January 2026 is ₹375.
What is the High / Low of Elecon Engineering Company Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Elecon Engineering Company Ltd stocks is ₹717/348.
What is the Stock P/E of Elecon Engineering Company Ltd?
The Stock P/E of Elecon Engineering Company Ltd is 20.3.
What is the Book Value of Elecon Engineering Company Ltd?
The Book Value of Elecon Engineering Company Ltd is 100.
What is the Dividend Yield of Elecon Engineering Company Ltd?
The Dividend Yield of Elecon Engineering Company Ltd is 0.53 %.
What is the ROCE of Elecon Engineering Company Ltd?
The ROCE of Elecon Engineering Company Ltd is 28.5 %.
What is the ROE of Elecon Engineering Company Ltd?
The ROE of Elecon Engineering Company Ltd is 23.0 %.
What is the Face Value of Elecon Engineering Company Ltd?
The Face Value of Elecon Engineering Company Ltd is 1.00.