Elecon Engineering Company Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 3, 2025, 9:55 pm

Market Cap	12,899 Cr.
Current Price	575
High / Low	739/348
Stock P/E	31.1
Book Value	89.1
Dividend Yield	0.26 %
ROCE	28.5 %
ROE	23.0 %
Face Value	1.00
PEG Ratio	0.64

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Elecon Engineering Company Ltd

Competitors of Elecon Engineering Company Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Lakshmi Engineering & Warehousing Ltd	143 Cr.	2,135	3,576/1,805	132	324	0.56 %	13.1 %	9.73 %	100
HLE Glascoat Ltd	1,836 Cr.	269	524/218	53.2	63.2	0.41 %	13.1 %	8.62 %	2.00
Harish Textile Engineers Ltd	22.8 Cr.	68.3	103/44.2		23.3	0.00 %	10.8 %	2.98 %	10.0
Disa India Ltd	1,999 Cr.	13,744	20,900/13,251	38.6	1,780	1.46 %	25.9 %	19.2 %	10.0
Cranex Ltd	55.2 Cr.	84.0	190/78.7	29.5	19.5	0.00 %	10.1 %	14.9 %	10.0
Industry Average	10,135.82 Cr	1,551.39		46.94	276.38	0.35%	18.19%	14.88%	8.81

All Competitor Stocks of Elecon Engineering Company Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	271	332	328	389	389	425	414	485	474	565	392	508	529
Expenses	219	263	263	296	300	332	314	366	353	429	300	396	386
Operating Profit	52	69	65	93	89	93	100	119	120	135	92	112	143
OPM %	19%	21%	20%	24%	23%	22%	24%	24%	25%	24%	24%	22%	27%
Other Income	2	4	4	5	4	9	9	14	11	16	17	14	17
Interest	5	7	4	3	2	5	2	3	1	2	2	2	3
Depreciation	12	12	11	12	12	14	12	13	13	13	13	13	16
Profit before tax	37	54	54	83	79	84	94	117	117	136	94	111	140
Tax %	15%	14%	21%	22%	20%	19%	23%	24%	23%	24%	22%	21%	23%
Net Profit	32	46	42	65	63	68	73	89	90	104	73	88	108
EPS in Rs	1.41	2.06	1.89	2.90	2.80	3.03	3.25	3.95	4.03	4.62	3.27	3.91	4.79

Last Updated: March 3, 2025, 4:39 pm

Below is a detailed analysis of the quarterly data for Elecon Engineering Company Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 529.00 Cr.. The value appears strong and on an upward trend. It has increased from 508.00 Cr. (Sep 2024) to 529.00 Cr., marking an increase of 21.00 Cr..
For Expenses, as of Dec 2024, the value is 386.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 396.00 Cr. (Sep 2024) to 386.00 Cr., marking a decrease of 10.00 Cr..
For Operating Profit, as of Dec 2024, the value is 143.00 Cr.. The value appears strong and on an upward trend. It has increased from 112.00 Cr. (Sep 2024) to 143.00 Cr., marking an increase of 31.00 Cr..
For OPM %, as of Dec 2024, the value is 27.00%. The value appears strong and on an upward trend. It has increased from 22.00% (Sep 2024) to 27.00%, marking an increase of 5.00%.
For Other Income, as of Dec 2024, the value is 17.00 Cr.. The value appears strong and on an upward trend. It has increased from 14.00 Cr. (Sep 2024) to 17.00 Cr., marking an increase of 3.00 Cr..
For Interest, as of Dec 2024, the value is 3.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.00 Cr. (Sep 2024) to 3.00 Cr., marking an increase of 1.00 Cr..
For Depreciation, as of Dec 2024, the value is 16.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 13.00 Cr. (Sep 2024) to 16.00 Cr., marking an increase of 3.00 Cr..
For Profit before tax, as of Dec 2024, the value is 140.00 Cr.. The value appears strong and on an upward trend. It has increased from 111.00 Cr. (Sep 2024) to 140.00 Cr., marking an increase of 29.00 Cr..
For Tax %, as of Dec 2024, the value is 23.00%. The value appears to be increasing, which may not be favorable. It has increased from 21.00% (Sep 2024) to 23.00%, marking an increase of 2.00%.
For Net Profit, as of Dec 2024, the value is 108.00 Cr.. The value appears strong and on an upward trend. It has increased from 88.00 Cr. (Sep 2024) to 108.00 Cr., marking an increase of 20.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 4.79. The value appears strong and on an upward trend. It has increased from 3.91 (Sep 2024) to 4.79, marking an increase of 0.88.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 3, 2025, 2:45 pm

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
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
Expenses	1,136	1,153	1,105	1,027	1,055	1,084	947	858	960	1,189	1,463	1,684
Operating Profit	157	176	176	175	126	140	142	186	252	341	475	543
OPM %	12%	13%	14%	15%	11%	11%	13%	18%	21%	22%	24%	24%
Other Income	14	17	29	12	8	69	9	8	5	22	50	68
Interest	80	87	83	90	75	74	78	60	38	14	9	13
Depreciation	62	72	62	53	53	48	53	52	49	49	51	61
Profit before tax	29	34	60	44	6	88	20	81	171	300	465	537
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
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
Dividend Payout %	79%	73%	32%	52%	30%	3%	0%	8%	11%	9%	9%	11%

Profit & Loss Yearly Chart

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:	15%

Compounded Profit Growth
10 Years:	40%
5 Years:	36%
3 Years:	42%
TTM:	18%

Stock Price CAGR
10 Years:	34%
5 Years:	123%
3 Years:	85%
1 Year:	5%

Return on Equity
10 Years:	14%
5 Years:	19%
3 Years:	23%
Last Year:	23%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 12:35 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	19	22	22	22	22	22	22	22	22	22	22	22	22
Reserves	516	510	514	682	687	686	746	832	897	1,028	1,257	1,582	1,732
Borrowings	697	633	552	629	583	590	548	420	335	151	52	70	118
Other Liabilities	892	892	877	870	794	857	849	855	733	513	399	449	475
Total Liabilities	2,123	2,058	1,964	2,203	2,087	2,156	2,165	2,129	1,988	1,715	1,730	2,123	2,347
Fixed Assets	625	595	523	898	861	834	799	799	758	739	754	769	806
CWIP	10	7	4	8	2	1	5	0	0	1	0	1	17
Investments	13	14	15	49	49	51	54	53	53	54	77	286	393
Other Assets	1,475	1,441	1,422	1,248	1,175	1,270	1,307	1,277	1,176	921	899	1,067	1,132
Total Assets	2,123	2,058	1,964	2,203	2,087	2,156	2,165	2,129	1,988	1,715	1,730	2,123	2,347

Below is a detailed analysis of the balance sheet data for Elecon Engineering Company Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹22.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 22.00 Cr..
For Reserves, as of Sep 2024, the value is ₹1,732.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,582.00 Cr. (Mar 2024) to ₹1,732.00 Cr., marking an increase of 150.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹118.00 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 70.00 Cr. (Mar 2024) to ₹118.00 Cr., marking an increase of 48.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹475.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 449.00 Cr. (Mar 2024) to ₹475.00 Cr., marking an increase of 26.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹2,347.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,123.00 Cr. (Mar 2024) to ₹2,347.00 Cr., marking an increase of 224.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹806.00 Cr.. The value appears strong and on an upward trend. It has increased from 769.00 Cr. (Mar 2024) to ₹806.00 Cr., marking an increase of 37.00 Cr..
For CWIP, as of Sep 2024, the value is ₹17.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Mar 2024) to ₹17.00 Cr., marking an increase of 16.00 Cr..
For Investments, as of Sep 2024, the value is ₹393.00 Cr.. The value appears strong and on an upward trend. It has increased from 286.00 Cr. (Mar 2024) to ₹393.00 Cr., marking an increase of 107.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,132.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,067.00 Cr. (Mar 2024) to ₹1,132.00 Cr., marking an increase of 65.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹2,347.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,123.00 Cr. (Mar 2024) to ₹2,347.00 Cr., marking an increase of 224.00 Cr..

Notably, the Reserves (1,732.00 Cr.) exceed the Borrowings (118.00 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.

Reserves and Borrowings Chart

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
Cash from Operating Activity +	160	177	12	188	70	87	222	248	223	309	365	432
Cash from Investing Activity +	-30	0	7	-7	-51	40	-25	-19	15	-166	-279	-316
Cash from Financing Activity +	-140	-168	-5	-134	-64	-118	-176	-210	-250	-145	-58	-67
Net Cash Flow	-9	9	14	47	-44	9	21	19	-12	-2	27	49

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	-278.00	-149.00	101.00	289.00	405.00	543.00

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

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	200	241	236	201	191	208	177	205	177	125	82	84
Inventory Days	178	209	187	218	203	189	206	248	188	167	142	97
Days Payable	244	289	278	331	326	295	259	420	319	173	100	82
Cash Conversion Cycle	134	161	145	88	69	102	124	33	46	119	125	99
Working Capital Days	153	170	159	102	84	112	134	124	118	101	78	68
ROCE %	14%	9%	10%	10%	10%	6%	10%	8%	11%	17%	25%	31%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	59.26%	59.26%	59.29%	59.29%	59.29%	59.29%	59.29%	59.29%	59.28%	59.28%	59.28%	59.28%
FIIs	1.71%	2.14%	2.01%	1.95%	2.11%	2.81%	4.88%	5.96%	7.58%	9.10%	9.84%	9.73%
DIIs	1.85%	1.84%	1.50%	1.79%	1.76%	2.02%	2.92%	2.64%	2.29%	2.55%	2.97%	3.67%
Government	0.25%	0.25%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.03%
Public	36.93%	36.51%	37.15%	36.96%	36.84%	35.88%	32.90%	32.11%	30.84%	29.07%	27.91%	27.30%
No. of Shareholders	62,292	58,681	64,022	63,342	63,192	65,220	81,539	87,816	93,051	1,00,295	1,10,534	1,07,549

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Franklin India Smaller Companies Fund	1,187,690	1.03	131.73	1,187,690	2025-04-22 02:06:43	0%
HDFC Multi Cap Fund	600,000	0.48	66.55	600,000	2025-04-22 02:35:22	0%
HDFC Capital Builder Value Fund - Regular Plan	100,000	0.16	11.09	100,000	2025-04-22 02:35:22	0%
Nippon India Nifty Smallcap 250 Index Fund	36,498	0.31	4.05	36,498	2025-04-22 16:05:32	0%
Bandhan Infrastructure Fund	30,458	0.25	3.38	30,458	2025-04-22 02:35:22	0%
SBI Nifty Smallcap 250 Index Fund	20,557	0.31	2.28	20,557	2025-04-22 02:35:22	0%
Motilal Oswal Nifty Smallcap 250 Index Fund	18,851	0.3	2.09	18,851	2025-04-22 16:05:32	0%
HDFC Manufacturing Fund	18,617	0.02	2.06	18,617	2025-04-22 05:49:24	0%
Navi Aggressive Hybrid Fund	12,000	1.28	1.33	12,000	2025-04-22 16:05:32	0%
ICICI Prudential Nifty Smallcap 250 Index Fund	8,209	0.3	0.91	8,209	2025-04-22 02:35:22	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	31.69	21.17	12.52	5.14	7.99
Diluted EPS (Rs.)	31.69	21.17	12.52	5.14	7.99
Cash EPS (Rs.)	35.66	25.25	16.72	9.61	12.60
Book Value[Excl.RevalReserv]/Share (Rs.)	142.96	114.00	93.60	81.93	76.13
Book Value[Incl.RevalReserv]/Share (Rs.)	142.96	114.00	93.60	81.93	76.13
Revenue From Operations / Share (Rs.)	172.68	136.34	107.27	93.11	97.01
PBDIT / Share (Rs.)	46.21	31.99	22.73	17.05	13.21
PBIT / Share (Rs.)	41.68	27.62	18.40	12.41	8.46
PBT / Share (Rs.)	40.91	26.43	15.07	7.08	1.60
Net Profit / Share (Rs.)	31.12	20.88	12.39	4.97	7.85
NP After MI And SOA / Share (Rs.)	31.69	21.17	12.52	5.14	7.99
PBDIT Margin (%)	26.76	23.46	21.18	18.31	13.61
PBIT Margin (%)	24.13	20.25	17.15	13.32	8.72
PBT Margin (%)	23.68	19.38	14.04	7.60	1.64
Net Profit Margin (%)	18.02	15.31	11.55	5.33	8.09
NP After MI And SOA Margin (%)	18.35	15.52	11.67	5.51	8.24
Return on Networth / Equity (%)	22.16	18.56	13.37	6.26	10.50
Return on Capital Employeed (%)	27.11	22.46	17.50	12.06	8.48
Return On Assets (%)	16.74	13.71	8.17	2.89	4.20
Long Term Debt / Equity (X)	0.00	0.00	0.01	0.12	0.17
Total Debt / Equity (X)	0.00	0.00	0.09	0.26	0.47
Asset Turnover Ratio (%)	1.00	0.88	0.51	0.41	0.41
Current Ratio (X)	3.05	2.52	1.64	1.35	1.22
Quick Ratio (X)	2.47	1.73	1.16	1.05	0.91
Inventory Turnover Ratio (X)	3.30	2.66	2.08	1.32	1.36
Dividend Payout Ratio (NP) (%)	9.46	6.61	3.19	0.00	2.50
Dividend Payout Ratio (CP) (%)	8.28	5.48	2.37	0.00	1.56
Earning Retention Ratio (%)	90.54	93.39	96.81	0.00	97.50
Cash Earning Retention Ratio (%)	91.72	94.52	97.63	0.00	98.44
Interest Coverage Ratio (X)	60.02	26.96	6.83	3.20	1.92
Interest Coverage Ratio (Post Tax) (X)	41.41	18.60	4.72	1.93	2.14
Enterprise Value (Cr.)	10394.01	4074.55	1601.88	816.88	507.83
EV / Net Operating Revenue (X)	5.36	2.66	1.33	0.78	0.46
EV / EBITDA (X)	20.05	11.35	6.28	4.27	3.43
MarketCap / Net Operating Revenue (X)	5.50	2.80	1.34	0.68	0.19
Retention Ratios (%)	90.53	93.38	96.80	0.00	97.49
Price / BV (X)	6.64	3.35	1.54	0.77	0.25
Price / Net Operating Revenue (X)	5.50	2.80	1.34	0.68	0.19
EarningsYield	0.03	0.05	0.08	0.08	0.41

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 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
For Basic EPS (Rs.), as of Mar 24, the value is 31.69. This value is within the healthy range. It has increased from 21.17 (Mar 23) to 31.69, marking an increase of 10.52.
For Diluted EPS (Rs.), as of Mar 24, the value is 31.69. This value is within the healthy range. It has increased from 21.17 (Mar 23) to 31.69, marking an increase of 10.52.
For Cash EPS (Rs.), as of Mar 24, the value is 35.66. This value is within the healthy range. It has increased from 25.25 (Mar 23) to 35.66, marking an increase of 10.41.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 142.96. It has increased from 114.00 (Mar 23) to 142.96, marking an increase of 28.96.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 142.96. It has increased from 114.00 (Mar 23) to 142.96, marking an increase of 28.96.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 172.68. It has increased from 136.34 (Mar 23) to 172.68, marking an increase of 36.34.
For PBDIT / Share (Rs.), as of Mar 24, the value is 46.21. This value is within the healthy range. It has increased from 31.99 (Mar 23) to 46.21, marking an increase of 14.22.
For PBIT / Share (Rs.), as of Mar 24, the value is 41.68. This value is within the healthy range. It has increased from 27.62 (Mar 23) to 41.68, marking an increase of 14.06.
For PBT / Share (Rs.), as of Mar 24, the value is 40.91. This value is within the healthy range. It has increased from 26.43 (Mar 23) to 40.91, marking an increase of 14.48.
For Net Profit / Share (Rs.), as of Mar 24, the value is 31.12. This value is within the healthy range. It has increased from 20.88 (Mar 23) to 31.12, marking an increase of 10.24.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 31.69. This value is within the healthy range. It has increased from 21.17 (Mar 23) to 31.69, marking an increase of 10.52.
For PBDIT Margin (%), as of Mar 24, the value is 26.76. This value is within the healthy range. It has increased from 23.46 (Mar 23) to 26.76, marking an increase of 3.30.
For PBIT Margin (%), as of Mar 24, the value is 24.13. This value exceeds the healthy maximum of 20. It has increased from 20.25 (Mar 23) to 24.13, marking an increase of 3.88.
For PBT Margin (%), as of Mar 24, the value is 23.68. This value is within the healthy range. It has increased from 19.38 (Mar 23) to 23.68, marking an increase of 4.30.
For Net Profit Margin (%), as of Mar 24, the value is 18.02. This value exceeds the healthy maximum of 10. It has increased from 15.31 (Mar 23) to 18.02, marking an increase of 2.71.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 18.35. This value is within the healthy range. It has increased from 15.52 (Mar 23) to 18.35, marking an increase of 2.83.
For Return on Networth / Equity (%), as of Mar 24, the value is 22.16. This value is within the healthy range. It has increased from 18.56 (Mar 23) to 22.16, marking an increase of 3.60.
For Return on Capital Employeed (%), as of Mar 24, the value is 27.11. This value is within the healthy range. It has increased from 22.46 (Mar 23) to 27.11, marking an increase of 4.65.
For Return On Assets (%), as of Mar 24, the value is 16.74. This value is within the healthy range. It has increased from 13.71 (Mar 23) to 16.74, marking an increase of 3.03.
For Long Term Debt / Equity (X), as of Mar 24, 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 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.00. It has increased from 0.88 (Mar 23) to 1.00, marking an increase of 0.12.
For Current Ratio (X), as of Mar 24, the value is 3.05. This value exceeds the healthy maximum of 3. It has increased from 2.52 (Mar 23) to 3.05, marking an increase of 0.53.
For Quick Ratio (X), as of Mar 24, the value is 2.47. This value exceeds the healthy maximum of 2. It has increased from 1.73 (Mar 23) to 2.47, marking an increase of 0.74.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.30. This value is below the healthy minimum of 4. It has increased from 2.66 (Mar 23) to 3.30, marking an increase of 0.64.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 9.46. This value is below the healthy minimum of 20. It has increased from 6.61 (Mar 23) to 9.46, marking an increase of 2.85.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 8.28. This value is below the healthy minimum of 20. It has increased from 5.48 (Mar 23) to 8.28, marking an increase of 2.80.
For Earning Retention Ratio (%), as of Mar 24, the value is 90.54. This value exceeds the healthy maximum of 70. It has decreased from 93.39 (Mar 23) to 90.54, marking a decrease of 2.85.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 91.72. This value exceeds the healthy maximum of 70. It has decreased from 94.52 (Mar 23) to 91.72, marking a decrease of 2.80.
For Interest Coverage Ratio (X), as of Mar 24, the value is 60.02. This value is within the healthy range. It has increased from 26.96 (Mar 23) to 60.02, marking an increase of 33.06.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 41.41. This value is within the healthy range. It has increased from 18.60 (Mar 23) to 41.41, marking an increase of 22.81.
For Enterprise Value (Cr.), as of Mar 24, the value is 10,394.01. It has increased from 4,074.55 (Mar 23) to 10,394.01, marking an increase of 6,319.46.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 5.36. This value exceeds the healthy maximum of 3. It has increased from 2.66 (Mar 23) to 5.36, marking an increase of 2.70.
For EV / EBITDA (X), as of Mar 24, the value is 20.05. This value exceeds the healthy maximum of 15. It has increased from 11.35 (Mar 23) to 20.05, marking an increase of 8.70.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 5.50. This value exceeds the healthy maximum of 3. It has increased from 2.80 (Mar 23) to 5.50, marking an increase of 2.70.
For Retention Ratios (%), as of Mar 24, the value is 90.53. This value exceeds the healthy maximum of 70. It has decreased from 93.38 (Mar 23) to 90.53, marking a decrease of 2.85.
For Price / BV (X), as of Mar 24, the value is 6.64. This value exceeds the healthy maximum of 3. It has increased from 3.35 (Mar 23) to 6.64, marking an increase of 3.29.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 5.50. This value exceeds the healthy maximum of 3. It has increased from 2.80 (Mar 23) to 5.50, marking an increase of 2.70.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 23) to 0.03, marking a decrease of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Elecon Engineering Company Ltd as of May 3, 2025 is: 511.19

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of May 3, 2025, Elecon Engineering Company Ltd is Overvalued by 11.10% compared to the current share price 575.00

Intrinsic Value of Elecon Engineering Company Ltd as of May 3, 2025 is: 758.63

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of May 3, 2025, Elecon Engineering Company Ltd is Undervalued by 31.94% compared to the current share price 575.00

Last 5 Year EPS CAGR: 48.40%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (897.62 cr) compared to borrowings (413.69 cr), indicating strong financial stability. The company has shown consistent growth in sales (1.08 cr) and profit (152.92 cr) over the years.	The stock has a low average ROCE of 13.42%, which may not be favorable. The stock has a high average Working Capital Days of 116.92, which may not be favorable. The stock has a high average Cash Conversion Cycle of 103.75, which may not be favorable.

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:
1. Net Profit Margin: 18.02%
  - 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.
2. ROCE: 27.11% (Industry Average ROCE: 18.19%)
  - 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.
3. ROE%: 22.16% (Industry Average ROE: 14.88%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 41.41
  - 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.
5. Quick Ratio: 2.47
  - 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.
6. Stock P/E: 31.1 (Industry average Stock P/E: 46.94)
  - 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.
7. 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.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the intrinsic value of Elecon Engineering Company Ltd?

Elecon Engineering Company Ltd's intrinsic value (as of 03 May 2025) is ₹511.19 — 11.10% lower the current market price of 575.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 12,899 Cr. market cap, FY2025-2026 high/low of ₹739/348, reserves of 1,732 Cr, and liabilities of 2,347 Cr.

What is the Market Cap of Elecon Engineering Company Ltd?

The Market Cap of Elecon Engineering Company Ltd is 12,899 Cr..

What is the current Stock Price of Elecon Engineering Company Ltd as on 03 May 2025?

The current stock price of Elecon Engineering Company Ltd as on 03 May 2025 is 575.

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 ₹739/348.

What is the Stock P/E of Elecon Engineering Company Ltd?

The Stock P/E of Elecon Engineering Company Ltd is 31.1.

What is the Book Value of Elecon Engineering Company Ltd?

The Book Value of Elecon Engineering Company Ltd is 89.1.

What is the Dividend Yield of Elecon Engineering Company Ltd?

The Dividend Yield of Elecon Engineering Company Ltd is 0.26 %.

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.