Elecon Engineering (505700) Stock Overview
Manufactures and sells industrial gears and material handling equipment in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
505700 Community Fair Values
Create NarrativeSee what 19 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Elecon Engineering Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹526.90 |
| 52 Week High | ₹682.90 |
| 52 Week Low | ₹352.00 |
| Beta | 0.49 |
| 1 Month Change | -0.82% |
| 3 Month Change | 34.40% |
| 1 Year Change | -18.54% |
| 3 Year Change | 63.99% |
| 5 Year Change | 695.02% |
| Change since IPO | 31,898.01% |
Recent News & Updates
Narrative Update • Jul 02
505700: Board And CFO Changes Will Shape Margins And Earnings Multiple
Analysts have trimmed their price target for Elecon Engineering from ₹700 to ₹600, as updated assumptions reflect slightly lower profit margin and P/E expectations, while revenue growth forecasts and the discount rate remain broadly aligned with prior views. What’s in the News for Elecon Engineering A board meeting is scheduled for Jul 10, 2026 to consider and approve Elecon Engineering’s unaudited standalone and consolidated financial results for the quarter ended Jun 30, 2026, along with segment wise financials.
Narrative Update • Jun 18
505700: Fair View Will Hinge On Results Meeting And Incoming CFO
The latest narrative update on Elecon Engineering keeps the fair value unchanged at ₹525.5. Analysts point to slightly lower discount rate, revenue growth, profit margin, and future P/E assumptions as reasons for only a marginal shift in the underlying valuation inputs rather than the overall price target. What's in the News Elecon Engineering has approved the appointment of Mr. Chintan Shah as Chief Financial Officer, effective 15 April 2026, following recommendations from the Nomination and Remuneration Committee and the Audit Committee.Narrative Update • Jun 04
505700: Fair View Will Depend On Results Meeting And New CFO
Analysts have kept Elecon Engineering's fair value estimate steady at ₹525.5. The small adjustments in the discount rate and assumed future P/E point to a refined view of risk and earnings quality rather than a change in the headline valuation. What's in the News The board will meet on 15 April 2026 to consider and approve the audited financial results for the quarter and financial year ended 31 March 2026, along with segment wise financials.Recent updates
Narrative Update • Jul 02
505700: Board And CFO Changes Will Shape Margins And Earnings Multiple
Analysts have trimmed their price target for Elecon Engineering from ₹700 to ₹600, as updated assumptions reflect slightly lower profit margin and P/E expectations, while revenue growth forecasts and the discount rate remain broadly aligned with prior views. What’s in the News for Elecon Engineering A board meeting is scheduled for Jul 10, 2026 to consider and approve Elecon Engineering’s unaudited standalone and consolidated financial results for the quarter ended Jun 30, 2026, along with segment wise financials.Narrative Update • Jun 18
505700: Fair View Will Hinge On Results Meeting And Incoming CFO
The latest narrative update on Elecon Engineering keeps the fair value unchanged at ₹525.5. Analysts point to slightly lower discount rate, revenue growth, profit margin, and future P/E assumptions as reasons for only a marginal shift in the underlying valuation inputs rather than the overall price target. What's in the News Elecon Engineering has approved the appointment of Mr. Chintan Shah as Chief Financial Officer, effective 15 April 2026, following recommendations from the Nomination and Remuneration Committee and the Audit Committee.Narrative Update • Jun 04
505700: Fair View Will Depend On Results Meeting And New CFO
Analysts have kept Elecon Engineering's fair value estimate steady at ₹525.5. The small adjustments in the discount rate and assumed future P/E point to a refined view of risk and earnings quality rather than a change in the headline valuation. What's in the News The board will meet on 15 April 2026 to consider and approve the audited financial results for the quarter and financial year ended 31 March 2026, along with segment wise financials.Narrative Update • Apr 26
505700: Fair Value View Will Rely On Board Meeting And New CFO
Analysts have revised their price target for Elecon Engineering from ₹575.50 to ₹525.50, reflecting updated assumptions on the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News A board meeting is scheduled for 15 Apr 2026 to consider and approve the audited financial results for the quarter and financial year ended 31 Mar 2026, including segment-wise financials (Key Developments).Narrative Update • Apr 07
505700: Maintained Fair Value And Upcoming Board Meeting Will Support Further Upside
Analysts have maintained the price target for Elecon Engineering at ₹575.5, with the latest update reflecting slightly adjusted assumptions on discount rate, revenue growth, profit margin, and future P/E. Together, these factors support keeping the valuation unchanged.Narrative Update • Mar 24
505700: Maintained Fair Value And CFO Transition Will Support Further Upside
Analysts have maintained their fair value estimate for Elecon Engineering at ₹575.5 per share, citing only small tweaks to the discount rate, revenue growth, profit margin assumptions, and a slightly higher future P/E input as the basis for keeping the price target unchanged. What's in the News Chief Financial Officer Mr. Narasimhan Raghunathan has resigned from Elecon Engineering, citing personal reasons linked to his children's educational priorities in his hometown.Narrative Update • Mar 08
505700: Stable Outlook And CFO Transition Will Support Further Upside
Analysts have maintained their fair value estimate for Elecon Engineering at ₹575.5 per share, making only minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. As a result, the price target and the underlying thesis remain largely unchanged.Narrative Update • Feb 21
505700: Stable Forecasts And CFO Transition Are Expected To Support Further Upside
Analysts have kept Elecon Engineering's fair value unchanged at ₹575.5, with only small tweaks to discount rate, revenue growth, profit margin and future P/E assumptions, which together leave their overall price target effectively stable. What's in the News Chief Financial Officer Mr. Narasimhan Raghunathan has resigned from Elecon Engineering, citing personal reasons related to his children's education in his hometown, with his tenure ending at the close of business on January 31, 2026 (company filing).Narrative Update • Feb 07
505700: Lower Discount Rate Is Expected To Support Further Upside
Analysts have trimmed their fair value P/E input slightly, which keeps our Elecon Engineering fair value estimate steady at ₹575.50, while reflecting a modest reduction in the discount rate and a marginally lower future P/E assumption. What's in the News Chief Financial Officer Mr. Narasimhan Raghunathan has resigned from Elecon Engineering for personal reasons linked to his children's education in his hometown, with his last working day scheduled as the close of business on January 31, 2026 (company filing).
New Narrative • Jan 30
Export And Power Sector Risks Will Test This Capex Story Yet Offer Upside
Catalysts About Elecon Engineering Elecon Engineering manufactures industrial gear solutions and material handling equipment for sectors such as power, steel, cement, ports, mining and fertilizers. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 23
505700: Revised Fair Value Will Support Further Upside Potential
Analysts have revised their fair value estimate for Elecon Engineering from ₹725.0 to ₹575.5. This change reflects updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News The Chief Financial Officer, Mr. Narasimhan Raghunathan, has resigned citing personal reasons related to his children's education in his hometown.Narrative Update • Jan 08
505700: 2026 Revenue Guidance Will Support Further Upside Potential
Analysts have kept their fair value estimate for Elecon Engineering steady at ₹725. This reflects only minor model tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions rather than a change in their overall view on the stock.Narrative Update • Dec 19
505700: 2026 Guidance And Potential Interim Dividend Will Support Upside
Analysts have modestly increased their price target on Elecon Engineering to ₹725.0, reflecting slightly lower discount rate assumptions along with marginally improved long term profitability and valuation expectations. What's in the News Company issues consolidated earnings guidance for 2026, targeting revenue of INR 26,500 million, signaling confidence in medium term growth visibility (company guidance) Board meeting scheduled for October 10, 2025 at 11:30 IST to review unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing) Agenda of the October 10, 2025 board meeting also includes consideration of an interim dividend on equity shares, if any, which could influence near term shareholder returns (company filing) Valuation Changes Fair Value: maintained at ₹725.0 per share, indicating no change in the base case valuation outcome.Narrative Update • Nov 20
505700: Steady Margins And 2026 Outlook Will Sustain Fair Value Momentum
Analysts have maintained their fair value estimate for Elecon Engineering at ₹725, citing stability in key underlying assumptions such as the discount rate, revenue growth, profit margin, and future price-to-earnings estimates. What's in the News Elecon Engineering provided consolidated earnings guidance for 2026, expecting consolidated revenue of INR 26,500 million (Corporate Guidance).Narrative Update • Nov 05
505700: Fair Value Will Remain Supported By Steady Margins And 2026 Revenue Outlook
Narrative Update on Elecon Engineering Analysts have maintained their fair value estimate for Elecon Engineering at ₹725, citing consistent revenue growth and stable profit margins as key factors behind their unchanged outlook. What's in the News Elecon Engineering has issued consolidated earnings guidance for the year 2026, with expected consolidated revenue of INR 26,500 million (Key Developments).Narrative Update • Oct 22
Analysts Lift Elecon Engineering Fair Value on Revised Margins and 2026 Revenue Guidance
Analysts have slightly raised their fair value estimate for Elecon Engineering from ₹722 to ₹725. This reflects a modest increase based on updated assumptions about discount rates, future profit margins, and growth forecasts.Narrative Update • Oct 08
Infrastructure And Defense Trends Will Shape Future Opportunities Despite Risks
Analysts have raised Elecon Engineering’s fair value estimate from ₹694 to ₹722, citing stronger forecasts for revenue growth and profit margins. These factors have outweighed concerns about a moderately higher discount rate and a decline in the projected future price-to-earnings ratio.New Narrative • May 16
Expansion In Canada And Latin America Will Fuel Future Success
Expanding international markets and strategic investments in R&D support long-term revenue growth and diversification.Shareholder Returns
| 505700 | IN Electrical | IN Market | |
|---|---|---|---|
| 7D | 1.0% | -4.0% | 1.0% |
| 1Y | -18.5% | 22.1% | -1.4% |
Return vs Industry: 505700 underperformed the Indian Electrical industry which returned 22.1% over the past year.
Return vs Market: 505700 underperformed the Indian Market which returned -1.4% over the past year.
Price Volatility
| 505700 volatility | |
|---|---|
| 505700 Average Weekly Movement | 6.6% |
| Electrical Industry Average Movement | 7.7% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in IN Market | 9.3% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: 505700 has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: 505700's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1951 | 2,452 | Prayasvin Patel | www.elecon.com |
Elecon Engineering Company Limited manufactures and sells industrial gears and material handling equipment in India and internationally. The company operates in two segments, Material Handling Equipment and Transmission Equipment. It offers helical and bevel helical, planetary, worm, wind turbine, marine, and custom-built gear boxes; and customized gear boxes, loose gears, and couplings.
Elecon Engineering Company Limited Fundamentals Summary
| 505700 fundamental statistics | |
|---|---|
| Market cap | ₹118.24b |
| Earnings (TTM) | ₹3.41b |
| Revenue (TTM) | ₹23.66b |
34.7x
P/E Ratio5.0x
P/S RatioIs 505700 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 505700 income statement (TTM) | |
|---|---|
| Revenue | ₹23.66b |
| Cost of Revenue | ₹13.45b |
| Gross Profit | ₹10.21b |
| Other Expenses | ₹6.80b |
| Earnings | ₹3.41b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 10, 2026
| Earnings per share (EPS) | 15.20 |
| Gross Margin | 43.16% |
| Net Profit Margin | 14.42% |
| Debt/Equity Ratio | 0% |
How did 505700 perform over the long term?
See historical performance and comparisonDividends
0.4%
Current Dividend Yield13%
Payout RatioDoes 505700 pay a reliable dividends?
See 505700 dividend history and benchmarks| Elecon Engineering dividend dates | |
|---|---|
| Ex Dividend Date | Jun 12 2026 |
| Dividend Pay Date | Jul 25 2026 |
| Days until Ex dividend | 24 days |
| Days until Dividend pay date | 19 days |
Does 505700 pay a reliable dividends?
See 505700 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/05 22:09 |
| End of Day Share Price | 2026/07/03 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Elecon Engineering Company Limited is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sandeep Tulsiyan | 360 ONE Capital Market Private Limited |
| null null | Asian Markets Securities Private Limited |
| null null | Emkay Global Financial Services Ltd. |