Elecon Engineering Company Ltd
ELECONElecon Engineering Company Ltd
ELECON
Price Chart
Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 43.48 | 9.65 | 0.22% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 52.31 | 7.29 | 0.46% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Elecon Engineering is engaged in the manufacture of material handling equipment, industrial geared motors and reducers, mining equipment and casting processes.
Peers
Compare with peersÂABB India Ltd
CG Power and Industrial Solutions Ltd
Bharat Heavy Electricals Ltd
Hitachi Energy India Ltd
Ge T&D India Ltd
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| 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 | 1,973.41 | ||||||||||
Raw Materials | 632.92 | 531.57 | 523.32 | 578.22 | 444.80 | 439.10 | 607.44 | 719.36 | 840.22 | 1,448.57 | ||||||||||
| 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 | 524.84 | ||||||||||
| Depreciation/Amortization | 62.12 | 53.24 | 52.92 | 47.89 | 53.26 | 52.11 | 48.58 | 49.04 | 50.92 | 51.33 | ||||||||||
| PBIT | 142.49 | 133.67 | 80.88 | 162.00 | 97.15 | 141.63 | 208.61 | 313.61 | 474.27 | 473.51 | ||||||||||
| Interest & Other Items | 82.87 | 89.80 | 75.25 | 73.75 | 77.65 | 60.33 | 38.10 | 13.77 | 8.89 | 8.46 | ||||||||||
| PBT | 59.62 | 43.87 | 5.63 | 88.25 | 19.50 | 81.30 | 170.51 | 299.84 | 465.38 | 465.05 | ||||||||||
| Taxes & Other Items | 22.24 | 33.11 | -1.87 | 18.15 | -70.19 | 23.66 | 30.04 | 62.33 | 109.80 | 109.07 | ||||||||||
| Net Income | 37.38 | 10.76 | 7.50 | 70.10 | 89.69 | 57.64 | 140.47 | 237.51 | 355.58 | 355.98 | ||||||||||
| EPS | 1.72 | 0.49 | 0.33 | 3.12 | 4.00 | 2.57 | 6.26 | 10.58 | 15.85 | 15.86 | ||||||||||
| 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 |
Company Updates
Annual report
PDFPeers & Comparison
IndustrialsHeavy Electrical Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Elecon Engineering Company Ltd | 43.53 | 9.65 | 0.22% |
| ABB India Ltd | 145.94 | 30.49 | 0.28% |
| CG Power and Industrial Solutions Ltd | 91.92 | 43.45 | 0.15% |
| Bharat Heavy Electricals Ltd | 333.13 | 3.85 | 0.09% |
Price Comparison
Compare ELECON with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.52%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) |
|---|---|---|---|---|
Franklin India Smaller Companies Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0717% | Percentage of the fund’s portfolio invested in the stock 1.15% | Change in the portfolio weight of the stock over the last 3 months 0.03% | 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 64/104 (-1) |
HDFC Multi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5428% | Percentage of the fund’s portfolio invested in the stock 0.47% | Change in the portfolio weight of the stock over the last 3 months -0.04% | 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 72/215 (-3) |
Bandhan Infrastructure Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1259% | Percentage of the fund’s portfolio invested in the stock 1.02% | Change in the portfolio weight of the stock over the last 3 months 0.77% | 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 62/89 (+7) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 14, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Jun 14, 2024
Cash Dividend
Ex DateEx DateOct 31, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Oct 31, 2023
Cash Dividend
Ex DateEx DateJun 9, 2023
Dividend/Share
₹2.00
Ex DateEx Date
Jun 9, 2023
Cash Dividend
Ex DateEx DateJun 9, 2022
Dividend/Share
₹0.40
Ex DateEx Date
Jun 9, 2022
Cash Dividend
Ex DateEx DateJun 9, 2022
Dividend/Share
₹1.00
Ex DateEx Date
Jun 9, 2022
Elecon Engineering Company has fixed 28 October 2024 as record date for payment of interim dividend, if declared. Powered by Capital Market - Live
Elecon Engineering Company will hold a meeting of the Board of Directors of the Company on 18 October 2024Powered by Capital Market - Live
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
Elecon Engineering Company consolidated net profit rises 0.55% in the June 2024 quarter
Net profit of Elecon Engineering Company rose 0.55% to Rs 73.36 crore in the quarter ended June 2024 as against Rs 72.96 crore during the previous quarter ended June 2023. Sales declined 5.30% to Rs 392.36 crore in the quarter ended June 2024 as against Rs 414.34 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales392.36414.34 -5 OPM %23.5424.13 - PBDT106.98106.89 0 PBT94.1594.47 0 NP73.3672.96 1 Powered by Capital Market - Live
Patel Engineering Ltd leads losers in ‘A’ group
Volumes soar at Elecon Engineering Company Ltd counter
Elecon Engineering stock spurts 12%, hits new high on optimistic outlook
Gravita India Ltd leads gainers in ‘A’ group
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.96%, vs industry avg of 0.15%
Increasing Market Share
Over the last 5 years, market share increased from 1.99% to 3.31%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 38.37%, vs industry avg of 28.06%