Share Price and Basic Stock Data
Last Updated: February 13, 2026, 8:38 pm
| PEG Ratio | 0.79 |
|---|
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 revenue of ₹1,530 Cr for the financial year ending March 2023, reflecting a robust growth trajectory from ₹1,212 Cr in the previous year. The company registered a notable increase in sales over the subsequent quarters, with ₹2,227 Cr reported for March 2025 and ₹2,395 Cr on a trailing twelve months (TTM) basis. This surge can be attributed to strengthening demand in various sectors, particularly in manufacturing and infrastructure, where Elecon’s products are pivotal. The quarterly sales figures also demonstrated resilience, peaking at ₹798 Cr in March 2025. However, the sales dipped slightly in the subsequent quarters, indicating potential seasonality or market fluctuations. The operational efficiency, as reflected in the operating profit margin (OPM), maintained a healthy average of 24% over the last two fiscal years, underscoring the company’s ability to manage expenses effectively while capturing revenue growth.
Profitability and Efficiency Metrics
Elecon Engineering showcased impressive profitability, reporting a net profit of ₹238 Cr for the fiscal year 2023, which rose to ₹415 Cr by March 2025. The net profit margin stood at 18.27% for March 2025, slightly improved from 15.31% in the preceding year, indicating effective cost management and pricing strategies. The return on equity (ROE) was recorded at 23%, while the return on capital employed (ROCE) was notably high at 28.5%, reflecting efficient utilization of shareholders’ equity and capital. The interest coverage ratio (ICR) was exceptionally strong at 46.21x, highlighting the company’s ability to comfortably meet interest obligations. However, the cash conversion cycle (CCC) of 87 days suggests potential inefficiencies in inventory management or receivables collection, which could be areas for improvement. Overall, Elecon’s profitability metrics reveal a sound operational performance, positioning the company favorably within the sector.
Balance Sheet Strength and Financial Ratios
Elecon Engineering’s balance sheet remains robust, with total assets recorded at ₹2,729 Cr as of March 2025, supported by reserves of ₹2,222 Cr and minimal borrowings of ₹258 Cr. This translates to a debt-to-equity ratio of 0.00, indicating a low reliance on debt financing, which enhances financial stability. The company’s current ratio stood at 3.16, suggesting adequate liquidity to cover short-term obligations. The price-to-book value (P/BV) ratio of 5.04x signals a premium valuation compared to the book value of ₹89.07 per share, reflecting investor confidence in future growth prospects. Additionally, the company’s asset turnover ratio of 0.91 indicates effective use of assets to generate revenue. However, the significant increase in working capital days to 63 raises concerns about operational efficiency, which could impact liquidity if not addressed. Overall, Elecon’s balance sheet strength supports its growth strategy while maintaining financial prudence.
Shareholding Pattern and Investor Confidence
The shareholding structure of Elecon Engineering reveals a strong promoter holding of 59.28%, indicating significant insider confidence in the company’s future. The shareholding by foreign institutional investors (FIIs) rose to 8.31%, while domestic institutional investors (DIIs) held 4.13% as of September 2025. The total number of shareholders increased to 1,26,319, reflecting growing public interest and participation in the company. This diversified ownership base may provide stability and enhance market perception. However, the declining public shareholding from 36.96% in December 2022 to 28.25% in September 2025 raises concerns about the potential overhang of promoter holdings and could impact liquidity. The consistent increase in FIIs suggests an upward trajectory in investor confidence, which could be a positive signal for future capital inflows and stock performance.
Outlook, Risks, and Final Insight
Looking ahead, Elecon Engineering is well-positioned to capitalize on growth opportunities in the heavy engineering sector, supported by strong fundamentals and a healthy order book. However, the company faces risks including potential fluctuations in raw material costs and market demand volatility, which could impact margins. Additionally, the company’s operational efficiency, particularly in managing its cash conversion cycle, warrants attention to ensure sustained profitability. The low debt levels provide a buffer against financial risks; however, any significant downturn in demand could pose challenges. Overall, Elecon’s robust financial metrics and growing market presence suggest a favorable outlook, contingent on effective management of operational efficiencies and market conditions. The company’s ability to navigate these challenges will be critical in sustaining its growth trajectory and delivering shareholder value.
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 | 133 Cr. | 1,985 | 2,787/1,805 | 96.2 | 328 | 0.50 % | 5.84 % | 4.01 % | 100 |
| HLE Glascoat Ltd | 2,241 Cr. | 323 | 662/218 | 42.1 | 73.0 | 0.34 % | 12.5 % | 10.7 % | 2.00 |
| Harish Textile Engineers Ltd | 20.9 Cr. | 62.6 | 92.7/52.4 | 6.31 | 33.2 | 0.00 % | 9.56 % | 2.84 % | 10.0 |
| Disa India Ltd | 1,860 Cr. | 12,790 | 15,800/11,015 | 31.8 | 1,905 | 1.56 % | 28.9 % | 21.2 % | 10.0 |
| Cranex Ltd | 50.1 Cr. | 76.3 | 116/56.0 | 23.0 | 38.3 | 0.00 % | 10.3 % | 11.1 % | 10.0 |
| Industry Average | 9,451.24 Cr | 1,386.32 | 41.73 | 296.21 | 0.35% | 15.76% | 13.09% | 8.88 |
Quarterly Result
| Metric | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 389 | 425 | 414 | 485 | 474 | 565 | 392 | 508 | 529 | 798 | 491 | 578 | 552 |
| Expenses | 300 | 332 | 314 | 366 | 353 | 429 | 300 | 396 | 386 | 602 | 360 | 452 | 443 |
| Operating Profit | 89 | 93 | 100 | 119 | 120 | 135 | 92 | 112 | 143 | 195 | 130 | 126 | 109 |
| OPM % | 23% | 22% | 24% | 24% | 25% | 24% | 24% | 22% | 27% | 24% | 27% | 22% | 20% |
| Other Income | 4 | 9 | 9 | 14 | 11 | 16 | 17 | 14 | 17 | 21 | 108 | 18 | 19 |
| Interest | 2 | 5 | 2 | 3 | 1 | 2 | 2 | 2 | 3 | 5 | 6 | 6 | 7 |
| Depreciation | 12 | 14 | 12 | 13 | 13 | 13 | 13 | 13 | 16 | 19 | 25 | 25 | 27 |
| Profit before tax | 79 | 84 | 94 | 117 | 117 | 136 | 94 | 111 | 140 | 192 | 207 | 113 | 94 |
| Tax % | 20% | 19% | 23% | 24% | 23% | 24% | 22% | 21% | 23% | 24% | 15% | 22% | 23% |
| Net Profit | 63 | 68 | 73 | 89 | 90 | 104 | 73 | 88 | 108 | 146 | 175 | 88 | 72 |
| EPS in Rs | 2.80 | 3.03 | 3.25 | 3.95 | 4.03 | 4.62 | 3.27 | 3.91 | 4.79 | 6.53 | 7.82 | 3.91 | 3.21 |
Last Updated: February 6, 2026, 2:46 am
Below is a detailed analysis of the quarterly data for Elecon Engineering Company Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:
- For Sales, as of Dec 2025, the value is 552.00 Cr.. The value appears to be declining and may need further review. It has decreased from 578.00 Cr. (Sep 2025) to 552.00 Cr., marking a decrease of 26.00 Cr..
- For Expenses, as of Dec 2025, the value is 443.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 452.00 Cr. (Sep 2025) to 443.00 Cr., marking a decrease of 9.00 Cr..
- For Operating Profit, as of Dec 2025, the value is 109.00 Cr.. The value appears to be declining and may need further review. It has decreased from 126.00 Cr. (Sep 2025) to 109.00 Cr., marking a decrease of 17.00 Cr..
- For OPM %, as of Dec 2025, the value is 20.00%. The value appears to be declining and may need further review. It has decreased from 22.00% (Sep 2025) to 20.00%, marking a decrease of 2.00%.
- For Other Income, as of Dec 2025, the value is 19.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Sep 2025) to 19.00 Cr., marking an increase of 1.00 Cr..
- For Interest, as of Dec 2025, the value is 7.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6.00 Cr. (Sep 2025) to 7.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Dec 2025, the value is 27.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 25.00 Cr. (Sep 2025) to 27.00 Cr., marking an increase of 2.00 Cr..
- For Profit before tax, as of Dec 2025, the value is 94.00 Cr.. The value appears to be declining and may need further review. It has decreased from 113.00 Cr. (Sep 2025) to 94.00 Cr., marking a decrease of 19.00 Cr..
- For Tax %, as of Dec 2025, the value is 23.00%. The value appears to be increasing, which may not be favorable. It has increased from 22.00% (Sep 2025) to 23.00%, marking an increase of 1.00%.
- For Net Profit, as of Dec 2025, the value is 72.00 Cr.. The value appears to be declining and may need further review. It has decreased from 88.00 Cr. (Sep 2025) to 72.00 Cr., marking a decrease of 16.00 Cr..
- For EPS in Rs, as of Dec 2025, the value is 3.21. The value appears to be declining and may need further review. It has decreased from 3.91 (Sep 2025) to 3.21, marking a decrease of 0.70.
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 | 0.86 | 114.36 | N/A | N/A | N/A |
| HDFC Multi Cap Fund | 1,200,000 | 0.29 | 57.77 | 600,000 | 2025-12-07 00:59:38 | 100% |
| Templeton India Value Fund | 294,291 | 0.61 | 14.17 | N/A | N/A | N/A |
| Bandhan Infrastructure Fund | 240,453 | 0.76 | 11.58 | 255,561 | 2026-01-25 06:47:40 | -5.91% |
| Sundaram Infrastructure Advantage Fund | 175,000 | 0.89 | 8.43 | N/A | N/A | N/A |
| ITI Large & Midcap Fund | 160,176 | 0.94 | 7.71 | N/A | N/A | N/A |
| ITI ELSS Tax Saver Fund | 80,282 | 0.88 | 3.87 | 53,326 | 2026-01-25 13:01:15 | 50.55% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 18.50 | 31.69 | 21.17 | 12.52 | 5.14 |
| Diluted EPS (Rs.) | 18.50 | 31.69 | 21.17 | 12.52 | 5.14 |
| Cash EPS (Rs.) | 20.84 | 35.66 | 25.25 | 16.72 | 9.61 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 89.07 | 142.96 | 114.00 | 93.60 | 81.93 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 89.07 | 142.96 | 114.00 | 93.60 | 81.93 |
| Revenue From Operations / Share (Rs.) | 99.24 | 172.68 | 136.34 | 107.27 | 93.11 |
| PBDIT / Share (Rs.) | 26.86 | 46.21 | 31.99 | 22.73 | 17.05 |
| PBIT / Share (Rs.) | 24.15 | 41.68 | 27.62 | 18.40 | 12.41 |
| PBT / Share (Rs.) | 23.57 | 40.91 | 26.43 | 15.07 | 7.08 |
| Net Profit / Share (Rs.) | 18.14 | 31.12 | 20.88 | 12.39 | 4.97 |
| NP After MI And SOA / Share (Rs.) | 18.50 | 31.69 | 21.17 | 12.52 | 5.14 |
| PBDIT Margin (%) | 27.06 | 26.76 | 23.46 | 21.18 | 18.31 |
| PBIT Margin (%) | 24.33 | 24.13 | 20.25 | 17.15 | 13.32 |
| PBT Margin (%) | 23.74 | 23.68 | 19.38 | 14.04 | 7.60 |
| Net Profit Margin (%) | 18.27 | 18.02 | 15.31 | 11.55 | 5.33 |
| NP After MI And SOA Margin (%) | 18.63 | 18.35 | 15.52 | 11.67 | 5.51 |
| Return on Networth / Equity (%) | 20.76 | 22.16 | 18.56 | 13.37 | 6.26 |
| Return on Capital Employeed (%) | 24.71 | 27.11 | 22.46 | 17.50 | 12.06 |
| Return On Assets (%) | 15.20 | 16.74 | 13.71 | 8.17 | 2.89 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.01 | 0.12 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.09 | 0.26 |
| Asset Turnover Ratio (%) | 0.91 | 1.00 | 0.88 | 0.51 | 0.41 |
| Current Ratio (X) | 3.16 | 3.05 | 2.52 | 1.64 | 1.35 |
| Quick Ratio (X) | 2.71 | 2.47 | 1.73 | 1.16 | 1.05 |
| Inventory Turnover Ratio (X) | 9.42 | 3.30 | 2.66 | 2.08 | 1.32 |
| Dividend Payout Ratio (NP) (%) | 8.10 | 9.46 | 6.61 | 3.19 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 7.07 | 8.28 | 5.48 | 2.37 | 0.00 |
| Earning Retention Ratio (%) | 91.90 | 90.54 | 93.39 | 96.81 | 0.00 |
| Cash Earning Retention Ratio (%) | 92.93 | 91.72 | 94.52 | 97.63 | 0.00 |
| Interest Coverage Ratio (X) | 46.21 | 60.02 | 26.96 | 6.83 | 3.20 |
| Interest Coverage Ratio (Post Tax) (X) | 32.21 | 41.41 | 18.60 | 4.72 | 1.93 |
| Enterprise Value (Cr.) | 9722.67 | 10394.01 | 4074.55 | 1601.88 | 816.88 |
| EV / Net Operating Revenue (X) | 4.37 | 5.36 | 2.66 | 1.33 | 0.78 |
| EV / EBITDA (X) | 16.13 | 20.05 | 11.35 | 6.28 | 4.27 |
| MarketCap / Net Operating Revenue (X) | 4.53 | 5.50 | 2.80 | 1.34 | 0.68 |
| Retention Ratios (%) | 91.89 | 90.53 | 93.38 | 96.80 | 0.00 |
| Price / BV (X) | 5.04 | 6.64 | 3.35 | 1.54 | 0.77 |
| Price / Net Operating Revenue (X) | 4.53 | 5.50 | 2.80 | 1.34 | 0.68 |
| EarningsYield | 0.04 | 0.03 | 0.05 | 0.08 | 0.08 |
After reviewing the key financial ratios for Elecon Engineering Company Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. It has decreased from 2.00 (Mar 24) to 1.00, marking a decrease of 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 18.50. This value is within the healthy range. It has decreased from 31.69 (Mar 24) to 18.50, marking a decrease of 13.19.
- For Diluted EPS (Rs.), as of Mar 25, the value is 18.50. This value is within the healthy range. It has decreased from 31.69 (Mar 24) to 18.50, marking a decrease of 13.19.
- For Cash EPS (Rs.), as of Mar 25, the value is 20.84. This value is within the healthy range. It has decreased from 35.66 (Mar 24) to 20.84, marking a decrease of 14.82.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 89.07. It has decreased from 142.96 (Mar 24) to 89.07, marking a decrease of 53.89.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 89.07. It has decreased from 142.96 (Mar 24) to 89.07, marking a decrease of 53.89.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 99.24. It has decreased from 172.68 (Mar 24) to 99.24, marking a decrease of 73.44.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 26.86. This value is within the healthy range. It has decreased from 46.21 (Mar 24) to 26.86, marking a decrease of 19.35.
- For PBIT / Share (Rs.), as of Mar 25, the value is 24.15. This value is within the healthy range. It has decreased from 41.68 (Mar 24) to 24.15, marking a decrease of 17.53.
- For PBT / Share (Rs.), as of Mar 25, the value is 23.57. This value is within the healthy range. It has decreased from 40.91 (Mar 24) to 23.57, marking a decrease of 17.34.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 18.14. This value is within the healthy range. It has decreased from 31.12 (Mar 24) to 18.14, marking a decrease of 12.98.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 18.50. This value is within the healthy range. It has decreased from 31.69 (Mar 24) to 18.50, marking a decrease of 13.19.
- For PBDIT Margin (%), as of Mar 25, the value is 27.06. This value is within the healthy range. It has increased from 26.76 (Mar 24) to 27.06, marking an increase of 0.30.
- For PBIT Margin (%), as of Mar 25, the value is 24.33. This value exceeds the healthy maximum of 20. It has increased from 24.13 (Mar 24) to 24.33, marking an increase of 0.20.
- For PBT Margin (%), as of Mar 25, the value is 23.74. This value is within the healthy range. It has increased from 23.68 (Mar 24) to 23.74, marking an increase of 0.06.
- For Net Profit Margin (%), as of Mar 25, the value is 18.27. This value exceeds the healthy maximum of 10. It has increased from 18.02 (Mar 24) to 18.27, marking an increase of 0.25.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 18.63. This value is within the healthy range. It has increased from 18.35 (Mar 24) to 18.63, marking an increase of 0.28.
- For Return on Networth / Equity (%), as of Mar 25, the value is 20.76. This value is within the healthy range. It has decreased from 22.16 (Mar 24) to 20.76, marking a decrease of 1.40.
- For Return on Capital Employeed (%), as of Mar 25, the value is 24.71. This value is within the healthy range. It has decreased from 27.11 (Mar 24) to 24.71, marking a decrease of 2.40.
- For Return On Assets (%), as of Mar 25, the value is 15.20. This value is within the healthy range. It has decreased from 16.74 (Mar 24) to 15.20, marking a decrease of 1.54.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.91. It has decreased from 1.00 (Mar 24) to 0.91, marking a decrease of 0.09.
- For Current Ratio (X), as of Mar 25, the value is 3.16. This value exceeds the healthy maximum of 3. It has increased from 3.05 (Mar 24) to 3.16, marking an increase of 0.11.
- For Quick Ratio (X), as of Mar 25, the value is 2.71. This value exceeds the healthy maximum of 2. It has increased from 2.47 (Mar 24) to 2.71, marking an increase of 0.24.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 9.42. This value exceeds the healthy maximum of 8. It has increased from 3.30 (Mar 24) to 9.42, marking an increase of 6.12.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 8.10. This value is below the healthy minimum of 20. It has decreased from 9.46 (Mar 24) to 8.10, marking a decrease of 1.36.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 7.07. This value is below the healthy minimum of 20. It has decreased from 8.28 (Mar 24) to 7.07, marking a decrease of 1.21.
- For Earning Retention Ratio (%), as of Mar 25, the value is 91.90. This value exceeds the healthy maximum of 70. It has increased from 90.54 (Mar 24) to 91.90, marking an increase of 1.36.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 92.93. This value exceeds the healthy maximum of 70. It has increased from 91.72 (Mar 24) to 92.93, marking an increase of 1.21.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 46.21. This value is within the healthy range. It has decreased from 60.02 (Mar 24) to 46.21, marking a decrease of 13.81.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 32.21. This value is within the healthy range. It has decreased from 41.41 (Mar 24) to 32.21, marking a decrease of 9.20.
- For Enterprise Value (Cr.), as of Mar 25, the value is 9,722.67. It has decreased from 10,394.01 (Mar 24) to 9,722.67, marking a decrease of 671.34.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.37. This value exceeds the healthy maximum of 3. It has decreased from 5.36 (Mar 24) to 4.37, marking a decrease of 0.99.
- For EV / EBITDA (X), as of Mar 25, the value is 16.13. This value exceeds the healthy maximum of 15. It has decreased from 20.05 (Mar 24) to 16.13, marking a decrease of 3.92.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.53. This value exceeds the healthy maximum of 3. It has decreased from 5.50 (Mar 24) to 4.53, marking a decrease of 0.97.
- For Retention Ratios (%), as of Mar 25, the value is 91.89. This value exceeds the healthy maximum of 70. It has increased from 90.53 (Mar 24) to 91.89, marking an increase of 1.36.
- For Price / BV (X), as of Mar 25, the value is 5.04. This value exceeds the healthy maximum of 3. It has decreased from 6.64 (Mar 24) to 5.04, marking a decrease of 1.60.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.53. This value exceeds the healthy maximum of 3. It has decreased from 5.50 (Mar 24) to 4.53, marking a decrease of 0.97.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has increased from 0.03 (Mar 24) to 0.04, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Elecon Engineering Company Ltd:
- Net Profit Margin: 18.27%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 24.71% (Industry Average ROCE: 15.76%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 20.76% (Industry Average ROE: 13.09%)
- 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: 23.6 (Industry average Stock P/E: 41.73)
- 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 13 February 2026) is ₹566.17 which is 30.45% higher the current market price of ₹434.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹9,748 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 9,748 Cr..
What is the current Stock Price of Elecon Engineering Company Ltd as on 13 February 2026?
The current stock price of Elecon Engineering Company Ltd as on 13 February 2026 is ₹434.
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 23.6.
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 0.46 %.
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.