What is the share price of Elecon Engineering Company Ltd (ELECON) today?
The share price of ELECON as on 17th April 2025 is ₹470.25. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Elecon Engineering Company Ltd (ELECON) share?
The past returns of Elecon Engineering Company Ltd (ELECON) share are- Past 1 week: 10.89%
- Past 1 month: 18.23%
- Past 3 months: -20.33%
- Past 6 months: -24.93%
- Past 1 year: -11.36%
- Past 3 years: 398.67%
- Past 5 years: 3868.35%
What are the peers or stocks similar to Elecon Engineering Company Ltd (ELECON)?
The peers or stocks similar to Elecon Engineering Company Ltd (ELECON) include:What is the dividend yield % of Elecon Engineering Company Ltd (ELECON) share?
The current dividend yield of Elecon Engineering Company Ltd (ELECON) is 0.32.What is the market cap of Elecon Engineering Company Ltd (ELECON) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Elecon Engineering Company Ltd (ELECON) is ₹10526.88 Cr as of 17th April 2025.What is the 52 week high and low of Elecon Engineering Company Ltd (ELECON) share?
The 52-week high of Elecon Engineering Company Ltd (ELECON) is ₹739.10 and the 52-week low is ₹376.95.What is the PE and PB ratio of Elecon Engineering Company Ltd (ELECON) stock?
The P/E (price-to-earnings) ratio of Elecon Engineering Company Ltd (ELECON) is 29.60. The P/B (price-to-book) ratio is 6.56.Which sector does Elecon Engineering Company Ltd (ELECON) belong to?
Elecon Engineering Company Ltd (ELECON) belongs to the Industrials sector & Heavy Electrical Equipments sub-sector.How to buy Elecon Engineering Company Ltd (ELECON) shares?
You can directly buy Elecon Engineering Company Ltd (ELECON) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Elecon Engineering Company Ltd
ELECON Share Price
470.251.25% (+5.80)
ELECON Share Price Chart
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ELECON Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 28.28 | 6.56 | 0.32% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 42.08 | 6.09 | 0.67% |
ELECON Analyst Ratings & Forecast
Detailed Forecast 100%
Analysts have suggested that investors can buy this stock
from 1 analyst
Price Upside
Earnings Growth
Rev. Growth
ELECON Company Profile
Elecon Engineering is engaged in the manufacture of material handling equipment, industrial geared motors and reducers, mining equipment and casting processes.
Investor Presentation
View olderELECON Similar Stocks (Peers)
Compare with peersPE Ratio
62.93
1Y Return
12.53%
Buy Reco %
65.00
PE Ratio
66.25
1Y Return
17.16%
Buy Reco %
80.00
PE Ratio
279.88
1Y Return
10.19%
Buy Reco %
43.75
POWERINDIA
PE Ratio
358.53
1Y Return
59.33%
Buy Reco %
87.50
PE Ratio
203.62
1Y Return
55.61%
Buy Reco %
83.33
ELECON Sentiment Analysis
New
Crisp summary & key insights to decode earnings calls instantly
ELECON Stock Summary · January 2025
The company is experiencing a mixed performance landscape, with its Gear division facing challenges due to weak demand in the steel and sugar sectors, resulting in a modest growth of 2.1% year-on-year. In contrast, the Material Handling Equipment (MHE) division has thrived, achieving a remarkable 55.2% revenue growth, driven by strong demand for larger projects. Despite a potential revenue shortfall of up to 3% for FY '25, the company maintains confidence in sustaining EBITDA margins at 24%, supported by a robust order book and strategic focus on operational efficiency. While external factors like political instability and capital expenditure delays pose risks, optimism remains for future growth in the marine and power sectors, bolstered by anticipated OEM revenue increases. Overall, the company is strategically positioned to navigate current challenges while pursuing long-term growth opportunities.
Key Points on Elecon Stock
ELECON Stock Growth Drivers
7Strong Order Book and Revenue Growth
Elecon Engineering has reported a healthy order book of INR 684 crores as of December
Improved Financial Performance
For the quarter ended December 31, 2024, Elecon Engineering reported consolidated revenue of INR 529
ELECON Stock Challenges
6Decline in Key Revenue Segments
The Gear division, which constitutes approximately 80% of consolidated revenue, has shown a modest year-on-year
Challenges in Order Deliveries and Capital Expenditure
There are significant concerns regarding the company's top-line performance, particularly due to challenges in the
ELECON Forecasts
Price
Revenue
Earnings
ELECON Share Price Forecast
2024
Current
₹470.25
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Forecast for Apr 2026
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₹470.25
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ELECON Company Revenue Forecast
2024
Current
₹1.99
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2024
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₹1.99
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ELECON Stock EPS (Earnings Per Share) Forecast
2024
Current
₹15.85
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Forecast for Mar 2026
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₹15.85
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ELECON
Income
Balance Sheet
Cash Flow
Annual Normal View
ELECON Income Statement
Annual Normal View
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,313.01 | 1,214.19 | 1,188.41 | 1,294.26 | 1,097.89 | 1,052.31 | 1,221.95 | 1,552.99 | 1,987.89 | 2,056.63 | ||||||||||
Raw Materials | 632.92 | 531.57 | 523.32 | 578.22 | 444.80 | 439.10 | 607.44 | 719.36 | 840.22 | 1,511.39 | ||||||||||
| Power & Fuel Cost | 11.71 | 10.58 | 9.73 | 9.75 | 8.70 | 7.83 | 16.41 | 22.10 | 26.96 | |||||||||||
| Employee Cost | 150.92 | 152.78 | 137.52 | 138.87 | 133.92 | 117.94 | 128.19 | 149.73 | 188.48 | |||||||||||
| Selling & Administrative Expenses | 134.80 | 146.64 | 118.41 | 124.21 | 122.95 | 103.80 | 115.52 | 131.33 | 159.91 | |||||||||||
| Operating & Other expenses | 178.05 | 185.71 | 265.63 | 233.32 | 237.11 | 189.90 | 97.20 | 167.82 | 247.13 | |||||||||||
EBITDA | 204.61 | 186.91 | 133.80 | 209.89 | 150.41 | 193.74 | 257.19 | 362.65 | 525.19 | 545.24 | ||||||||||
| Depreciation/Amortization | 62.12 | 53.24 | 52.92 | 47.89 | 53.26 | 52.11 | 48.58 | 49.04 | 50.92 | 54.08 | ||||||||||
| PBIT | 142.49 | 133.67 | 80.88 | 162.00 | 97.15 | 141.63 | 208.61 | 313.61 | 474.27 | 491.16 | ||||||||||
| Interest & Other Items | 82.87 | 89.80 | 75.25 | 73.75 | 77.65 | 60.33 | 38.10 | 13.77 | 8.89 | 9.99 | ||||||||||
| PBT | 59.62 | 43.87 | 5.63 | 88.25 | 19.50 | 81.30 | 170.51 | 299.84 | 465.38 | 481.17 | ||||||||||
| Taxes & Other Items | 22.24 | 33.11 | -1.87 | 18.15 | -70.19 | 23.66 | 30.04 | 62.33 | 109.80 | 108.90 | ||||||||||
| Net Income | 37.38 | 10.76 | 7.50 | 70.10 | 89.69 | 57.64 | 140.47 | 237.51 | 355.58 | 372.27 | ||||||||||
| EPS | 1.72 | 0.49 | 0.33 | 3.12 | 4.00 | 2.57 | 6.26 | 10.58 | 15.85 | 16.59 | ||||||||||
| DPS | 0.55 | 0.25 | 0.10 | 0.10 | 0.00 | 0.20 | 0.70 | 1.00 | 1.50 | 1.50 | ||||||||||
| Payout ratio | 0.32 | 0.51 | 0.30 | 0.03 | 0.00 | 0.08 | 0.11 | 0.09 | 0.09 | 0.09 |
ELECON Company Updates
FY 2015
Annual report
PDFFY 2016
Annual report
PDFFY 2017
Annual report
PDFFY 2018
Annual report
PDFFY 2019
Annual report
PDFFY 2020
Annual report
PDFFY 2021
Annual report
PDFFY 2025
Investor Presentation
Jan 22PDF
Oct 18PDF
ELECON Past Performance & Peer Comparison
Comparing 3 stocks from
IndustrialsHeavy Electrical Equipments
Compare valuation on Screener
IndustrialsHeavy Electrical Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Elecon Engineering Company Ltd | 29.60 | 6.56 | 0.32% |
| ABB India Ltd | 62.93 | 16.65 | 0.79% |
| CG Power and Industrial Solutions Ltd | 66.25 | 31.32 | 0.21% |
| Bharat Heavy Electricals Ltd | 279.88 | 3.23 | 0.11% |
ELECON Stock Price Comparison
Compare ELECON with any stock or ETFCompare ELECON with any stock or ETF
ELECON
ELECON Shareholdings
ELECON Promoter Holdings Trend
Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
ELECON Institutional Holdings Trend
Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock
In last 3 months, foreign institutional holding of the company has almost stayed constant
ELECON Shareholding Pattern
ELECON Shareholding History
Foreign Institutions
Mutual Funds Invested in ELECON
A list of mutual funds holding the stock, ranked on the basis of Market-cap held which is calculated as the value of stock held in the portfolio divided by its market cap
Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Elecon Engineering Company Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 1.0135% | Percentage of the fund’s portfolio invested in the stock 0.89% | Change in the portfolio weight of the stock over the last 3 months -0.18% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 68/100 (-6) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.5120% | Percentage of the fund’s portfolio invested in the stock 0.34% | Change in the portfolio weight of the stock over the last 3 months -0.11% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 134/229 (-15) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.2292% | Percentage of the fund’s portfolio invested in the stock 0.21% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 80/97 (-15) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases containing ELECON stock
Looks like this stock is not in any smallcase yet.
ELECON Events
ELECON Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
ELECON Upcoming Dividends
No upcoming dividends are available
ELECON Past Dividends
Cash Dividend
Ex DateEx DateOct 28, 2024
Interim
Interim | Div/Share: ₹0.50
Dividend/Share
₹0.50
Ex DateEx Date
Oct 28, 2024
Cash Dividend
Ex DateEx DateJun 14, 2024
Final
Final | Div/Share: ₹2.00
Dividend/Share
₹2.00
Ex DateEx Date
Jun 14, 2024
Cash Dividend
Ex DateEx DateOct 31, 2023
Interim
Interim | Div/Share: ₹1.00
Dividend/Share
₹1.00
Ex DateEx Date
Oct 31, 2023
Cash Dividend
Ex DateEx DateJun 9, 2023
Final
Final | Div/Share: ₹2.00
Dividend/Share
₹2.00
Ex DateEx Date
Jun 9, 2023
Cash Dividend
Ex DateEx DateJun 9, 2022
Special
Special | Div/Share: ₹0.40
Dividend/Share
₹0.40
Ex DateEx Date
Jun 9, 2022
ELECON Stock News & Opinions
Articles & Videos
Corporate
Elecon Engineering Company declare Quarterly Result
Elecon Engineering Company will hold a meeting of the Board of Directors of the Company on 24 April 2025.Powered by Capital Market - Live
2 weeks agoCapital Market - Live
Earnings
Elecon Engineering Company consolidated net profit rises 18.96% in the December 2024 quarter
Net profit of Elecon Engineering Company rose 18.96% to Rs 107.54 crore in the quarter ended December 2024 as against Rs 90.40 crore during the previous quarter ended December 2023. Sales rose 11.68% to Rs 528.89 crore in the quarter ended December 2024 as against Rs 473.56 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales528.89473.56 12 OPM %26.9625.42 - PBDT155.78130.13 20 PBT140.24117.49 19 NP107.5490.40 19 Powered by Capital Market - Live
2 months agoCapital Market - Live
Corporate
Elecon Engineering Company to table results
Elecon Engineering Company will hold a meeting of the Board of Directors of the Company on 22 January 2025.Powered by Capital Market - Live
3 months agoCapital Market - Live
Corporate
Board of Elecon Engineering Company recommends Interim Dividend
Elecon Engineering Company announced that the Board of Directors of the Company at its meeting held on 18 October 2024, has recommended a Interim dividend of Rs.0.50 per share (i.e.50%), subject to the approval of the shareholders.Powered by Capital Market - Live
6 months agoCapital Market - Live
Spotlight
Elecon Engg drops after PAT slides 1% YoY to Rs 88 cr in Q2 FY25
Revenue from operations jumped 4.79% YoY to Rs 508.14 crore during the quarter. Profit before tax declined 5.66% to Rs 110.54 crore in Q2 FY25 from Rs 117.17 core in Q2 FY24. EBITDA dropped 5.4% to Rs 112 crore in the quarter ended 30 September 2024 as compared with Rs 119 crore posted in same quarter last year. EBITDA margin contracted to 22.1% in Q2 FY25 from 24.5% in Q2 FY24. In Q2 FY25, revenue from Gear division fell 5.9% YoY to Rs 398 crore, impacted on account of delay in receipt of order from customers resulted in delay in execution within Q2FY25. MHE division revenue jumped 77.8% YoY to Rs 110 crore in Q2 FY25, the company continues to focus on the business of supplying products & aftermarket business for its MHE segment which has led to sharp turnaround in the profitability for this segment. The company is consistently securing new orders for product supply and capitalizing on growing opportunities in the aftermarket business. Prayasvin B. Patel, chairman & managing director of Elecon Engineering, said, 'In Q2FY25, our Material Handling Equipment (MHE) division saw a remarkable 77.8% year-on-year revenue growth, with EBIT margins improving by around 549 basis points to 26.5%. We expect continued growth in this segment, driven by infrastructure development, government initiatives, and an uptick in capital expenditure. Our Gear division, however, experienced a 5.9% decline in revenue due to delay in order inflows. We see this as a temporary decline and expect to recover in the following quarters, remaining optimistic about overall revenue growth for FY25. Margins in the Gear division were affected by higher freight costs and changes in the product mix. Internationally, we are progressing toward our target of generating 50% of our revenue from overseas markets by FY30. In Q2FY25, international business contributed approximately 24% of our total consolidated revenue. With strong support from OEMs and ongoing brand-building efforts, we are confident in reaching this goal. Through strategic alliances in global markets, continued investment in R&D and product development, and a focus on the MHE segment.' Meanwhile the company's board has declared an interim dividend of Re 0.50 per share for FY25. The record date for the dividend shall be Monday, 28 October 2024. The said dividend will be paid on or after Tuesday, 12 November 2024. Elecon Engineering Company (ELECON) is one of the largest manufacturers of industrial gears and material handling equipment with seven decades of experience and expertise in Asia.Powered by Capital Market - Live
6 months agoCapital Market - Live
Corporate
Elecon Engineering Company fixes record date for interim dividend
Elecon Engineering Company has fixed 28 October 2024 as record date for determining the entitlement of the shareholders for the interim dividend of Rs 0.50 per share for FY 2024-25. The dividend will be paid on or after 12 November 2024. Powered by Capital Market - Live
6 months agoCapital Market - Live
Earnings
Elecon Engineering Company consolidated net profit declines 0.96% in the September 2024 quarter
Net profit of Elecon Engineering Company declined 0.96% to Rs 87.72 crore in the quarter ended September 2024 as against Rs 88.57 crore during the previous quarter ended September 2023. Sales rose 4.79% to Rs 508.14 crore in the quarter ended September 2024 as against Rs 484.90 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales508.14484.90 5 OPM %22.1024.49 - PBDT123.67130.45 -5 PBT110.54117.17 -6 NP87.7288.57 -1 Powered by Capital Market - Live
6 months agoCapital Market - Live
Corporate
Elecon Engineering Company fixes record date for interim dividend
Elecon Engineering Company has fixed 28 October 2024 as record date for payment of interim dividend, if declared. Powered by Capital Market - Live
6 months agoCapital Market - Live
Corporate
Elecon Engineering Company declare Quarterly Result
Elecon Engineering Company will hold a meeting of the Board of Directors of the Company on 18 October 2024Powered by Capital Market - Live
6 months agoCapital Market - Live
Corporate
Elecon Engineering Company receives revision in credit rating
Elecon Engineering Company has received upgrade in long term rating at ICRA AA; Stable (revised from ICRA AA-; Stable). The short term rating of the company is reaffirmed at ICRA A1+. Powered by Capital Market - Live
8 months agoCapital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 8.96%, vs industry avg of 1.66%
Over the last 5 years, market share increased from 1.99% to 2.72%
Over the last 5 years, net income has grown at a yearly rate of 38.37%, vs industry avg of 32.42%