Share Price and Basic Stock Data
Last Updated: November 4, 2025, 4:07 pm
| PEG Ratio | 0.95 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Elecon Engineering Company Ltd operates within the heavy engineering sector, focusing on manufacturing and providing engineering solutions. As of March 2025, the company reported sales of ₹2,227 Cr, marking a significant increase from ₹1,530 Cr in March 2023 and ₹1,212 Cr in March 2022. This upward trend in revenue reflects a robust growth strategy and an expanding market presence. The trailing twelve months (TTM) sales stood at ₹2,395 Cr, highlighting a consistent demand for Elecon’s offerings. The company’s quarterly sales figures demonstrate resilience, with the most recent quarter (September 2023) recording ₹485 Cr, slightly down from ₹474 Cr in December 2023 but on an upward trajectory compared to ₹414 Cr in June 2023. Such revenue performance positions Elecon favorably within the sector, where engineering firms typically exhibit slower growth rates. The company’s ability to achieve this growth can be linked to its diversified product portfolio and strategic investments in technology and infrastructure.
Profitability and Efficiency Metrics
Elecon has demonstrated strong profitability metrics, with a reported net profit of ₹415 Cr for the fiscal year ending March 2025, up from ₹238 Cr in March 2023 and ₹140 Cr in March 2022. This growth trajectory has driven the net profit margin to 18.27% in March 2025, compared to 15.31% in March 2023, reflecting efficient cost management and operational excellence. The operating profit margin (OPM) has remained stable, reported at 24% for both March 2024 and March 2025, indicating consistent operational efficiency. The return on equity (ROE) stood at 23% while the return on capital employed (ROCE) was 28.5%, both of which are significantly higher than typical industry averages, suggesting that Elecon is effectively utilizing its capital. Furthermore, the company recorded an interest coverage ratio (ICR) of 46.21x, indicating a strong ability to cover interest obligations, which is a positive sign for financial stability and reduced risk.
Balance Sheet Strength and Financial Ratios
As of March 2025, Elecon Engineering Company Ltd reported total assets of ₹2,729 Cr, with total liabilities amounting to ₹2,123 Cr, indicating a healthy balance sheet structure. The company’s reserves stood at ₹1,976 Cr, reflecting a strong equity position, while borrowings were significantly low at ₹181 Cr. This translates to a long-term debt-to-equity ratio of 0.00, showcasing a conservative financing strategy that minimizes financial risk. The current ratio was reported at 3.16, well above the typical industry benchmark of 1.5, suggesting excellent liquidity to meet short-term obligations. Moreover, the price-to-book value (P/BV) ratio was recorded at 5.04x, indicating that the market values the company highly relative to its book value. This strong financial position, characterized by low debt and high liquidity, positions Elecon favorably against competitors within the engineering sector, which often face higher leverage and financial constraints.
Shareholding Pattern and Investor Confidence
Elecon’s shareholding pattern reveals a stable structure, with promoters holding 59.28% as of March 2025, indicating strong control and commitment to the company’s long-term vision. Foreign institutional investors (FIIs) have increased their stake to 8.31%, while domestic institutional investors (DIIs) hold 4.13%. The public stake stands at 28.25%, showing diversified ownership, which can enhance market confidence. The number of shareholders has grown to 1,26,319, reflecting increasing retail investor interest. This growth can be attributed to the company’s robust financial performance and strategic initiatives. However, the concentration of promoter holdings may raise concerns about governance and minority shareholder rights. Nonetheless, the increasing interest from FIIs can be interpreted as a positive signal, indicating confidence in Elecon’s prospects and operational strategies, which may potentially lead to enhanced liquidity and valuation in the stock market.
Outlook, Risks, and Final Insight
Looking ahead, Elecon Engineering Company Ltd is well-positioned for continued growth, driven by its solid financial performance and strategic investments. However, the company faces risks such as potential fluctuations in raw material prices and the cyclical nature of the engineering sector, which could impact margins and profitability. Additionally, competition from both domestic and international players poses a challenge to maintaining market share. Should Elecon successfully navigate these risks while sustaining its growth trajectory, it could further enhance shareholder value. On the other hand, any adverse market conditions or operational setbacks might hinder progress. Overall, Elecon’s strengths, including a robust balance sheet, high profitability, and increasing investor confidence, provide a strong foundation for future performance, although vigilance is necessary to mitigate potential risks.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
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 | 154 Cr. | 2,300 | 2,787/1,805 | 192 | 325 | 0.43 % | 5.84 % | 4.01 % | 100 |
| HLE Glascoat Ltd | 4,244 Cr. | 623 | 662/218 | 75.4 | 67.3 | 0.18 % | 12.5 % | 10.7 % | 2.00 |
| Harish Textile Engineers Ltd | 20.0 Cr. | 60.0 | 103/52.4 | 15.2 | 26.6 | 0.00 % | 9.56 % | 2.84 % | 10.0 |
| Disa India Ltd | 1,969 Cr. | 13,543 | 18,995/13,100 | 37.8 | 1,834 | 1.48 % | 28.9 % | 21.2 % | 10.0 |
| Cranex Ltd | 51.9 Cr. | 79.0 | 169/75.0 | 26.1 | 36.8 | 0.00 % | 10.3 % | 11.1 % | 10.0 |
| Industry Average | 11,049.90 Cr | 1,483.71 | 51.94 | 288.16 | 0.31% | 15.76% | 12.90% | 8.88 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 328 | 389 | 389 | 425 | 414 | 485 | 474 | 565 | 392 | 508 | 529 | 798 | 491 |
| Expenses | 263 | 296 | 300 | 332 | 314 | 366 | 353 | 429 | 300 | 396 | 386 | 602 | 360 |
| Operating Profit | 65 | 93 | 89 | 93 | 100 | 119 | 120 | 135 | 92 | 112 | 143 | 195 | 130 |
| OPM % | 20% | 24% | 23% | 22% | 24% | 24% | 25% | 24% | 24% | 22% | 27% | 24% | 27% |
| Other Income | 4 | 5 | 4 | 9 | 9 | 14 | 11 | 16 | 17 | 14 | 17 | 21 | 108 |
| Interest | 4 | 3 | 2 | 5 | 2 | 3 | 1 | 2 | 2 | 2 | 3 | 5 | 6 |
| Depreciation | 11 | 12 | 12 | 14 | 12 | 13 | 13 | 13 | 13 | 13 | 16 | 19 | 25 |
| Profit before tax | 54 | 83 | 79 | 84 | 94 | 117 | 117 | 136 | 94 | 111 | 140 | 192 | 207 |
| Tax % | 21% | 22% | 20% | 19% | 23% | 24% | 23% | 24% | 22% | 21% | 23% | 24% | 15% |
| Net Profit | 42 | 65 | 63 | 68 | 73 | 89 | 90 | 104 | 73 | 88 | 108 | 146 | 175 |
| EPS in Rs | 1.89 | 2.90 | 2.80 | 3.03 | 3.25 | 3.95 | 4.03 | 4.62 | 3.27 | 3.91 | 4.79 | 6.53 | 7.82 |
Last Updated: August 1, 2025, 9:50 pm
Below is a detailed analysis of the quarterly data for Elecon Engineering Company Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 491.00 Cr.. The value appears to be declining and may need further review. It has decreased from 798.00 Cr. (Mar 2025) to 491.00 Cr., marking a decrease of 307.00 Cr..
- For Expenses, as of Jun 2025, the value is 360.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 602.00 Cr. (Mar 2025) to 360.00 Cr., marking a decrease of 242.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 130.00 Cr.. The value appears to be declining and may need further review. It has decreased from 195.00 Cr. (Mar 2025) to 130.00 Cr., marking a decrease of 65.00 Cr..
- For OPM %, as of Jun 2025, the value is 27.00%. The value appears strong and on an upward trend. It has increased from 24.00% (Mar 2025) to 27.00%, marking an increase of 3.00%.
- For Other Income, as of Jun 2025, the value is 108.00 Cr.. The value appears strong and on an upward trend. It has increased from 21.00 Cr. (Mar 2025) to 108.00 Cr., marking an increase of 87.00 Cr..
- For Interest, as of Jun 2025, the value is 6.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.00 Cr. (Mar 2025) to 6.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 25.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 19.00 Cr. (Mar 2025) to 25.00 Cr., marking an increase of 6.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 207.00 Cr.. The value appears strong and on an upward trend. It has increased from 192.00 Cr. (Mar 2025) to 207.00 Cr., marking an increase of 15.00 Cr..
- For Tax %, as of Jun 2025, the value is 15.00%. The value appears to be improving (decreasing) as expected. It has decreased from 24.00% (Mar 2025) to 15.00%, marking a decrease of 9.00%.
- For Net Profit, as of Jun 2025, the value is 175.00 Cr.. The value appears strong and on an upward trend. It has increased from 146.00 Cr. (Mar 2025) to 175.00 Cr., marking an increase of 29.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 7.82. The value appears strong and on an upward trend. It has increased from 6.53 (Mar 2025) to 7.82, marking an increase of 1.29.
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: May 13, 2025, 3:36 pm
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 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 |
| Borrowings | 633 | 552 | 629 | 583 | 590 | 548 | 420 | 335 | 151 | 52 | 70 | 181 |
| Other Liabilities | 892 | 877 | 870 | 794 | 857 | 849 | 855 | 733 | 513 | 399 | 449 | 550 |
| 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 |
| Fixed Assets | 595 | 523 | 898 | 861 | 834 | 799 | 799 | 758 | 739 | 754 | 769 | 914 |
| CWIP | 7 | 4 | 8 | 2 | 1 | 5 | 0 | 0 | 1 | 0 | 1 | 7 |
| Investments | 14 | 15 | 49 | 49 | 51 | 54 | 53 | 53 | 54 | 77 | 286 | 496 |
| Other Assets | 1,441 | 1,422 | 1,248 | 1,175 | 1,270 | 1,307 | 1,277 | 1,176 | 921 | 899 | 1,067 | 1,313 |
| 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 |
Below is a detailed analysis of the balance sheet data for Elecon Engineering Company Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, 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 Mar 2025, the value is 1,976.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,582.00 Cr. (Mar 2024) to 1,976.00 Cr., marking an increase of 394.00 Cr..
- For Borrowings, as of Mar 2025, the value is 181.00 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 181.00 Cr., marking an increase of 111.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 550.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 449.00 Cr. (Mar 2024) to 550.00 Cr., marking an increase of 101.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 2,729.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,123.00 Cr. (Mar 2024) to 2,729.00 Cr., marking an increase of 606.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 914.00 Cr.. The value appears strong and on an upward trend. It has increased from 769.00 Cr. (Mar 2024) to 914.00 Cr., marking an increase of 145.00 Cr..
- For CWIP, as of Mar 2025, the value is 7.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Mar 2024) to 7.00 Cr., marking an increase of 6.00 Cr..
- For Investments, as of Mar 2025, the value is 496.00 Cr.. The value appears strong and on an upward trend. It has increased from 286.00 Cr. (Mar 2024) to 496.00 Cr., marking an increase of 210.00 Cr..
- For Other Assets, as of Mar 2025, the value is 1,313.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,067.00 Cr. (Mar 2024) to 1,313.00 Cr., marking an increase of 246.00 Cr..
- For Total Assets, as of Mar 2025, the value is 2,729.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,123.00 Cr. (Mar 2024) to 2,729.00 Cr., marking an increase of 606.00 Cr..
Notably, the Reserves (1,976.00 Cr.) exceed the Borrowings (181.00 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 - No data available for this post.
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 | 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 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% |
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) | 4.30 | 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 4.30. This value is within the healthy range. It has increased from 3.30 (Mar 24) to 4.30, marking an increase of 1.00.
- 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: 28.2 (Industry average Stock P/E: 51.94)
- 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.
- 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 | investor.relations@elecon.com http://www.elecon.com |
| 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 04 November 2025) is 520.75 which is 7.83% lower the current market price of 565.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 12,685 Cr. market cap, FY2025-2026 high/low of 717/348, reserves of ₹1,976 Cr, and liabilities of 2,729 Cr.
What is the Market Cap of Elecon Engineering Company Ltd?
The Market Cap of Elecon Engineering Company Ltd is 12,685 Cr..
What is the current Stock Price of Elecon Engineering Company Ltd as on 04 November 2025?
The current stock price of Elecon Engineering Company Ltd as on 04 November 2025 is 565.
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 28.2.
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 0.36 %.
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.