Elecon Engineering Company Limited

BSE:505700 Stock Report

Market Cap: ₹121.9b

Elecon Engineering Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Prayasvin Patel

Chief executive officer

₹193.1m

Total compensation

CEO salary percentage21.9%
CEO tenure41.5yrs
CEO ownership1.7%
Management average tenure4.8yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Prayasvin Patel's remuneration changed compared to Elecon Engineering's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

₹4b

Sep 30 2024n/an/a

₹4b

Jun 30 2024n/an/a

₹4b

Mar 31 2024₹193m₹42m

₹4b

Dec 31 2023n/an/a

₹3b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

₹3b

Mar 31 2023₹121m₹30m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹61m₹30m

₹1b

Dec 31 2021n/an/a

₹1b

Sep 30 2021n/an/a

₹1b

Jun 30 2021n/an/a

₹1b

Mar 31 2021₹31m₹31m

₹576m

Dec 31 2020n/an/a

₹962m

Sep 30 2020n/an/a

₹808m

Jun 30 2020n/an/a

₹686m

Mar 31 2020₹28m₹27m

₹897m

Dec 31 2019n/an/a

₹296m

Sep 30 2019n/an/a

₹234m

Jun 30 2019n/an/a

₹630m

Mar 31 2019₹21m₹20m

₹701m

Dec 31 2018n/an/a

₹1b

Sep 30 2018n/an/a

₹1b

Jun 30 2018n/an/a

₹512m

Mar 31 2018₹21m₹20m

₹75m

Compensation vs Market: Prayasvin's total compensation ($USD2.24M) is above average for companies of similar size in the Indian market ($USD496.73K).

Compensation vs Earnings: Prayasvin's compensation has increased by more than 20% in the past year.

CEO

Prayasvin Patel (66 yo)

41.5yrs

Tenure

₹193,078,000

Compensation

Mr. Prayasvin Bhanubhai Patel, BE, MBA, serves as Chairman and Managing Director of Power Build Limited. He has been Non-Independent Executive Chairman of Elecon Engineering Company Limited since September...

Leadership Team

NamePositionTenureCompensationOwnership
Prayasvin Patel
Non-Independent Executive Chairman & MDno data₹193.08m1.75%
₹ 2.1b
Narasimhan Raghunathan
Chief Financial Officer4.8yrs₹5.70mno data
Bhartiben Isarani
Company Secretary & Compliance Officer6.5yrs₹2.30mno data
M. Nanda
Business Head of Gear Divisionno datano datano data
P. Bhasin
Business Head of MHE Division3.7yrsno datano data

4.8yrs

Average Tenure

Experienced Management: 505700's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Prayasvin Patel
Non-Independent Executive Chairman & MD41.5yrs₹193.08m1.75%
₹ 2.1b
Pranav Amin
Independent Non-Executive Director3.7yrs₹1.07mno data
Nirmal Bhogilal
Independent & Non-Executive Directorless than a yearno datano data
Pradip Patel
Non-Independent & Non-Executive Director47.2yrs₹1.27m0.056%
₹ 67.8m
Prashantbhai Amin
Non-Independent & Non-Executive Director16.5yrs₹1.14m0.036%
₹ 44.2m
Ashutosh Pednekar
Non-Executive Independent Director2.5yrs₹1.25mno data
Sonal Ambani
Independent & Non-Executive Woman Director9.9yrs₹1.28mno data
Aayush Shah
Additional Non-Executive Non-Independent Director1.8yrs₹1.12mno data

6.8yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 505700's board of directors are considered experienced (6.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/24 19:25
End of Day Share Price 2025/01/24 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Elecon Engineering Company Limited is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amit ShahAlmondz Global Securities Ltd
null nullAngel Broking Private Limited
null nullAsian Markets Securities Private Limited