Share Price and Basic Stock Data
Last Updated: January 3, 2026, 11:16 am
| PEG Ratio | 0.84 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Elecon Engineering Company Ltd, operating in the heavy engineering sector, reported a market capitalization of ₹11,242 Cr and a current share price of ₹501. The company’s revenue from operations has shown a significant upward trajectory, with reported sales rising from ₹1,212 Cr in FY 2022 to ₹1,530 Cr in FY 2023, and further projected to reach ₹2,227 Cr by FY 2025. Quarterly sales data reflects this growth, with sales standing at ₹485 Cr in September 2023, increasing to ₹565 Cr in March 2024. The company’s strong performance can be attributed to a combination of strategic project acquisitions and increased demand in the industrial sector. The operating profit margin (OPM) has remained stable, recorded at 22% for FY 2023, indicating efficient management of costs relative to revenue generation. Such trends position Elecon favorably against its peers in the heavy engineering industry, which typically see fluctuations in demand and pricing pressures.
Profitability and Efficiency Metrics
Elecon Engineering’s profitability metrics demonstrate solid operational efficiency and effective cost management. The net profit for FY 2023 stood at ₹238 Cr, showcasing an increase from ₹140 Cr in FY 2022. The company’s return on equity (ROE) was reported at 23%, while the return on capital employed (ROCE) stood at an impressive 28.5%. The operating profit increased to ₹341 Cr in FY 2023, with an OPM of 22%, consistent with prior performance. The interest coverage ratio (ICR) was notably high at 46.21x, indicating that the company comfortably meets its interest obligations, which reflects a strong financial position. However, Elecon’s cash conversion cycle (CCC) of 87 days suggests room for improvement in working capital management, particularly in reducing debtor and inventory days. Overall, these metrics reflect a robust operational framework, though attention to working capital efficiency could enhance liquidity further.
Balance Sheet Strength and Financial Ratios
Elecon Engineering’s balance sheet reflects a strong financial foundation, with total assets reported at ₹2,729 Cr as of FY 2025. The company has maintained conservative borrowings, amounting to ₹258 Cr, leading to a debt-to-equity ratio of 0.00, indicating minimal reliance on external debt. Reserves have grown significantly, reported at ₹2,222 Cr by September 2025, demonstrating the company’s ability to reinvest profits into its operations. Financial ratios further illustrate Elecon’s stability, with a current ratio of 3.16, indicating strong short-term liquidity. The price-to-book value (P/BV) ratio stood at 5.04x, reflecting investor confidence in the company’s growth potential relative to its net asset value. However, the company’s increasing enterprise value (EV) at ₹9,722.67 Cr versus its operating revenue raises questions about valuation relative to earnings, which could affect investor sentiment if not addressed.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Elecon Engineering indicates a stable and confident investor base. Promoters hold 59.28% of the equity, providing a strong foundation and aligning interests with shareholders. Foreign institutional investors (FIIs) have gradually increased their stake from 1.95% in December 2022 to 8.31% by September 2025, signaling growing confidence in the company’s prospects. Domestic institutional investors (DIIs) also increased their stake to 4.13%. The public shareholding stands at 28.25%, reflecting a healthy distribution of shares. The total number of shareholders has grown significantly to 126,319, suggesting enhanced retail interest and confidence in the company’s performance. However, the slight decline in public shareholding percentage from 36.96% in December 2022 to the current level may indicate a shift towards institutional investment, which could impact the company’s liquidity in the short term.
Outlook, Risks, and Final Insight
Looking ahead, Elecon Engineering is positioned for continued growth, driven by strong fundamentals and an expanding market presence. The robust financial health, characterized by high ROE and low leverage, provides a solid platform for future investments and expansions. However, risks persist, including potential fluctuations in raw material costs and supply chain disruptions, which could impact profitability. Additionally, competition within the heavy engineering sector remains intense, necessitating ongoing innovation and efficiency improvements. The company’s ability to manage its cash conversion cycle and optimize working capital will be crucial in sustaining growth. Overall, Elecon Engineering’s performance metrics and strategic positioning suggest a promising outlook; however, vigilance regarding market dynamics and operational efficiencies is essential for maintaining its competitive edge.
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 | 147 Cr. | 2,200 | 2,787/1,805 | 173 | 328 | 0.45 % | 5.84 % | 4.01 % | 100 |
| HLE Glascoat Ltd | 3,120 Cr. | 449 | 662/218 | 54.5 | 73.0 | 0.24 % | 12.5 % | 10.7 % | 2.00 |
| Harish Textile Engineers Ltd | 20.4 Cr. | 61.1 | 94.2/52.4 | 6.16 | 33.2 | 0.00 % | 9.56 % | 2.84 % | 10.0 |
| Disa India Ltd | 1,759 Cr. | 12,099 | 17,200/11,703 | 34.0 | 1,905 | 1.65 % | 28.9 % | 21.2 % | 10.0 |
| Cranex Ltd | 44.1 Cr. | 67.1 | 151/62.5 | 22.6 | 38.3 | 0.00 % | 10.3 % | 11.1 % | 10.0 |
| Industry Average | 10,708.86 Cr | 1,405.30 | 80.43 | 296.33 | 0.33% | 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 |
|---|---|
|
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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: 25 (Industry average Stock P/E: 80.43)
- 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 04 January 2026) is ₹461.84 which is 7.82% lower the current market price of ₹501.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹11,242 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 11,242 Cr..
What is the current Stock Price of Elecon Engineering Company Ltd as on 04 January 2026?
The current stock price of Elecon Engineering Company Ltd as on 04 January 2026 is ₹501.
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 25.0.
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 0.40 %.
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.