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Elecon Engineering Company Ltd

ELECON Share Price

624.350.48% (-3.00)
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With a market cap of ₹14,077 cr, stock is ranked 456

Stock is 3.62x as volatile as Nifty

ELECON Stock Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹14,077 cr, stock is ranked 456

Stock is 3.62x as volatile as Nifty

ELECON Performance & Key Metrics

ELECON Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
27.227.040.32%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
38.416.380.62%

ELECON Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

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 older View older 

Jul 11, 2025

PDF
View Older Presentations

ELECON Similar Stocks (Peers)

Compare with peers Compare with peers 

ELECON Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
63.94
63.94
1Y Return
31.55%
31.55%
Buy Reco %
66.67
66.67
PE Ratio
109.02
109.02
1Y Return
7.17%
7.17%
Buy Reco %
66.67
66.67
PE Ratio
167.84
167.84
1Y Return
20.91%
20.91%
Buy Reco %
40.00
40.00
PE Ratio
214.75
214.75
1Y Return
53.40%
53.40%
Buy Reco %
70.00
70.00
PE Ratio
96.23
96.23
1Y Return
36.62%
36.62%
Buy Reco %
100.00
100.00
Compare with Peers

ELECON Sentiment Analysis

ELECON Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

ELECON Stock Summary · May 2025

The company is strategically enhancing its international market presence, targeting a 50% contribution to consolidated revenues by FY '30, driven by robust R&D and product innovation. Despite facing challenges from domestic election-related softness and global macroeconomic uncertainties, it reported record revenue and EBITDA, with strong growth in the gear and Material Handling Equipment divisions. Operational efficiency is underscored by a stable EBITDA margin and a significant net free cash surplus, allowing for continued investment in capacity and resources. While navigating geopolitical challenges, the company remains optimistic about future growth, particularly in the OEM sector, supported by a healthy order book and a disciplined approach to capital expenditures.

ELECON Stock Growth Drivers
ELECON Stock Growth Drivers
8
  • Record Financial Performance

    The company achieved record-breaking revenue and EBITDA for both Q4 and the full financial year,

  • Strong Growth in Key Divisions

    The gear division, which accounts for approximately 75% of consolidated revenue, achieved a remarkable 28.9%

ELECON Stock Challenges
ELECON Stock Challenges
5
  • Decline in Asset Turnover and ROCE

    The company has experienced a decrease in asset turnover from 1x to 0.9x compared to

  • Weak Performance in the Steel Sector

    The steel sector has reported a 6% decline compared to the previous year, which is

ELECON Forecast

ELECON Forecasts

Price

Revenue

Earnings

ELECON

ELECON

Income

Balance Sheet

Cash Flow

ELECON Income Statement

ELECON Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 15.89%, vs industry avg of 10.41%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 2.22% to 3.04%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue1,214.191,188.411,294.261,097.891,052.311,221.951,552.991,987.892,295.142,483.97
Raw Materialssubtract531.57523.32578.22444.80439.10607.44719.36840.221,015.871,744.66
Power & Fuel Costsubtract10.589.739.758.707.8316.4122.1026.9627.15
Employee Costsubtract152.78137.52138.87133.92117.94128.19149.73188.48208.56
Selling & Administrative Expensessubtract146.64118.41124.21122.95103.80115.52131.33159.91183.20
Operating & Other expensessubtract185.71265.63233.32237.11189.9097.20167.82247.13249.30
Depreciation/Amortizationsubtract53.2452.9247.8953.2652.1148.5849.0450.9260.7672.47
Interest & Other Itemssubtract89.8075.2573.7577.6560.3338.1013.778.8913.3316.90
Taxes & Other Itemssubtract33.11-1.8718.15-70.1923.6630.0462.33109.80121.87132.76
EPS0.490.333.124.002.576.2610.5815.8518.5023.05
DPS0.250.100.100.000.200.701.001.502.002.00
Payout ratio0.510.300.030.000.080.110.090.090.110.09

ELECON Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

Jul 11PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

Apr 24PDF
Jan 22PDF
Oct 18PDF
FY 2024FY 2024

Annual report

PDF

Investor Presentation

Jul 31PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

Apr 25PDF
Jan 30PDF
Nov 3PDF
Jul 21PDF
FY 2022FY 2022

Annual report

PDF

Investor Presentation

May 11PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
FY 2016FY 2016

Annual report

PDF
 

ELECON Stock Peers

ELECON Past Performance & Peer Comparison

ELECON Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsHeavy Electrical Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Elecon Engineering Company Ltd33.917.040.32%
ABB India Ltd63.9416.910.78%
CG Power and Industrial Solutions Ltd109.0226.310.19%
Bharat Heavy Electricals Ltd167.843.670.19%

ELECON Stock Price Comparison

Compare ELECON with any stock or ETF
Compare ELECON with any stock or ETF
ELECON
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ELECON Holdings

ELECON Shareholdings

ELECON Promoter Holdings Trend

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

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

Tickertape Separator

ELECON Shareholding Pattern

ELECON Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding59.27%2.17%1.62%9.62%27.32%

Sep 2024

Dec 2024

Mar 2025

Jun 2025

ELECON Shareholding History

ELECON Shareholding History

MarJunSepDec '24MarJun7.58%9.10%9.84%9.73%8.65%9.62%

Mutual Funds Invested in ELECON

Mutual Funds Invested in ELECON

No mutual funds holding trends are available

Top 5 Mutual Funds holding Elecon Engineering Company Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.1047%1.11%0.22%66/106 (+4)
0.5581%0.42%0.09%86/236 (+16)
0.1202%0.97%0.08%55/83 (+2)

Compare 3-month MF holding change on Screener

ELECON Insider Trades & Bulk Stock Deals

ELECON Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing ELECON stock

smallcases containing ELECON stock

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Elecon Engineering Company Ltd

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Growth & Income Model

Growth & Income Model

Created by Windmill Capital

ELECON's Wtg.
6.52%
6.52%
CAGR
31.79%

ELECON Events

ELECON Events

ELECON Dividend Trend

Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

ELECON has increased dividends consistently over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.32%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.19 every year

Dividends

Corp. Actions

Announcements

Legal Orders

ELECON Dividend Trend

Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

ELECON has increased dividends consistently over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.32%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.19 every year

ELECON Upcoming Dividends

ELECON Upcoming Dividends

No upcoming dividends are available

ELECON Past Dividends

ELECON Past Dividends

Cash Dividend

Ex DateEx DateJun 13, 2025

Final
Final | Div/Share: ₹1.50

Dividend/Share

1.50

Ex DateEx Date

Jun 13, 2025

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

ELECON Stock News & Opinions

ELECON Stock News & Opinions

Earnings
Elecon Engineering Company consolidated net profit rises 139.15% in the June 2025 quarter

Net profit of Elecon Engineering Company rose 139.15% to Rs 175.44 crore in the quarter ended June 2025 as against Rs 73.36 crore during the previous quarter ended June 2024. Sales rose 25.03% to Rs 490.57 crore in the quarter ended June 2025 as against Rs 392.36 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales490.57392.36 25 OPM %26.5623.54 - PBDT151.19106.98 41 PBT126.6594.15 35 NP175.4473.36 139 Powered by Capital Market - Live

4 days agoCapital Market - Live
Corporate
Elecon Engineering Company to announce Quarterly Result

Elecon Engineering Company will hold a meeting of the Board of Directors of the Company on 11 July 2025.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Elecon Engineering Company to convene AGM

Elecon Engineering Company announced that the 65th Annual General Meeting(AGM) of the company will be held on 25 June 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Elecon Engineering Company fixes record date for final dividend

Elecon Engineering Company has fixed 13 June 2025 as record date for the final dividend of Rs. 1.50/- (i.e. 150%) per equity share having face value of Re. 1.00/- each for the financial year ended on 31 March 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Board of Elecon Engineering Company recommends final dividend

Elecon Engineering Company announced that the Board of Directors of the Company at its meeting held on 24 April 2025, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 150%) , subject to the approval of the shareholders.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Elecon Engineering Company consolidated net profit rises 41.32% in the March 2025 quarter

Net profit of Elecon Engineering Company rose 41.32% to Rs 146.48 crore in the quarter ended March 2025 as against Rs 103.65 crore during the previous quarter ended March 2024. Sales rose 41.26% to Rs 797.57 crore in the quarter ended March 2025 as against Rs 564.62 crore during the previous quarter ended March 2024. For the full year,net profit rose 16.74% to Rs 415.10 crore in the year ended March 2025 as against Rs 355.58 crore during the previous year ended March 2024. Sales rose 14.94% to Rs 2226.96 crore in the year ended March 2025 as against Rs 1937.42 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales797.57564.62 41 2226.961937.42 15 OPM %24.4923.97 -24.3624.49 - PBDT211.30148.82 42 597.73516.30 16 PBT192.04136.24 41 536.97465.38 15 NP146.48103.65 41 415.10355.58 17 Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Elecon Engineering soars after Q4 PAT rises 41% YoY; EBITDA at Rs 195 crore

The company's domestic business has recorded revenues of Rs 662 crore (up 49% YoY) and the revenue of the overseas business was Rs 136 crore (up 13% YoY) in the fourth quarter. For the Gear division, revenue for Q4 FY25 stood at Rs 597 crore as compared to Rs 464 crore in Q4 FY24, growth of 29% YoY. Revenue from Gear division witnessed a considerable rebound on account of increased demand from domestic Steel, Cement & Power industry. Enquiry levels remain robust across both domestic & international markets. The MHE division's revenue for the quarter stood at Rs 200 crore, up 98% YoY. EBITDA improved by 44% YoY to Rs 195 crore during the period under review. Elecon Engineering has registered 17% rise in consolidated net profit to Rs 415 crore on a 15% increase in revenue to Rs 2,227 crore in FY25 as compared with FY24. Prayasvin B. Patel, chairman & managing director of Elecon Engineering Company, said: Elecon continues to maintain its leadership position in the Indian market for both Industrial Gear Solutions and Material Handling Equipment. Our competitive edge is driven by advanced manufacturing capabilities, a comprehensive portfolio of high-quality products, and the ability to deliver custom-engineered solutions with optimized lead times, ensuring consistent and quality products for our diversified customers. In Q4 FY25, the Material Handling Equipment (MHE) division saw a remarkable 98.2% year-on-year revenue growth. This resurgence has been driven by strong demand in both domestic and international markets. Domestically, demand has picked up meaningfully, particularly from the steel, power, and cement sectors. Overseas business remains healthy, with solid traction seen across international markets. The enquiry levels remain robust, and we are seeing healthy demand internationally. We are steadily advancing towards our strategic objective of generating 50% of our consolidated revenue from international markets by FY30. Strengthening relationships with global OEMs and sustained brand-building initiatives continue to reinforce our confidence in achieving this milestone.' Elecon Engineering Company is one of the largest manufacturers of Industrial Gears and Material Handling Equipment with seven decades of experience and expertise in Asia. The product solutions include designing, manufacturing, supply, erection and commissioning of the products and are majorly used in cement, sugar, defense, steel, mining and power sector along with other sectors. Powered by Capital Market - Live

2 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 24 April 2025.Powered by Capital Market - Live

3 months 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

5 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

6 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Elecon Engineering Company Ltd (ELECON) today?

    The share price of ELECON as on 15th July 2025 is ₹624.35. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. 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: -4.58%
    • Past 1 month: -7.89%
    • Past 3 months: 43.87%
    • Past 6 months: 10.80%
    • Past 1 year: -5.06%
    • Past 3 years: 311.58%
    • Past 5 years: 4763.18%

  3. What are the peers or stocks similar to Elecon Engineering Company Ltd (ELECON)?
  4. 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.

  5. 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 ₹14077.73 Cr as of 15th July 2025.

  6. 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.

  7. 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 33.91. The P/B (price-to-book) ratio is 7.04.

  8. 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.

  9. 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.