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ELECON

Elecon Engineering NSEI:ELECON Stock Report

Last Price

₹378.60

Market Cap

₹42.4b

7D

-2.1%

1Y

125.7%

Updated

07 Feb, 2023

Data

Company Financials

Elecon Engineering Company Limited

NSEI:ELECON Stock Report

Mkt Cap: ₹42.4b

ELECON Stock Overview

Elecon Engineering Company Limited manufactures and sells power transmission and material handling equipment in India and internationally.

ELECON fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

Rewards

Price-To-Earnings ratio (19.7x) is below the Indian market (22x)

Earnings grew by 71.6% over the past year

Risk Analysis

No risks detected for ELECON from our risk checks.

My Notes

New

Notes are coming soon

Elecon Engineering Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Elecon Engineering
Historical stock prices
Current Share Price₹378.60
52 Week High₹476.00
52 Week Low₹128.05
Beta1.23
1 Month Change5.53%
3 Month Change-13.02%
1 Year Change125.69%
3 Year Change977.10%
5 Year Change335.67%
Change since IPO-64.26%

Recent News & Updates

Investors Shouldn't Overlook Elecon Engineering's (NSE:ELECON) Impressive Returns On Capital

Dec 27
Investors Shouldn't Overlook Elecon Engineering's (NSE:ELECON) Impressive Returns On Capital

Recent updates

Investors Shouldn't Overlook Elecon Engineering's (NSE:ELECON) Impressive Returns On Capital

Dec 27
Investors Shouldn't Overlook Elecon Engineering's (NSE:ELECON) Impressive Returns On Capital

If EPS Growth Is Important To You, Elecon Engineering (NSE:ELECON) Presents An Opportunity

Oct 21
If EPS Growth Is Important To You, Elecon Engineering (NSE:ELECON) Presents An Opportunity

Calculating The Intrinsic Value Of Elecon Engineering Company Limited (NSE:ELECON)

Sep 27
Calculating The Intrinsic Value Of Elecon Engineering Company Limited (NSE:ELECON)

Elecon Engineering (NSE:ELECON) Is Looking To Continue Growing Its Returns On Capital

Jul 07
Elecon Engineering (NSE:ELECON) Is Looking To Continue Growing Its Returns On Capital

Calculating The Fair Value Of Elecon Engineering Company Limited (NSE:ELECON)

Jun 24
Calculating The Fair Value Of Elecon Engineering Company Limited (NSE:ELECON)

I Ran A Stock Scan For Earnings Growth And Elecon Engineering (NSE:ELECON) Passed With Ease

Jun 03
I Ran A Stock Scan For Earnings Growth And Elecon Engineering (NSE:ELECON) Passed With Ease

Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)

Apr 05
Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)

These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Safely

Feb 14
These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Safely

Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?

Jan 24
Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?

Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)

Oct 25
Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)

Should You Be Adding Elecon Engineering (NSE:ELECON) To Your Watchlist Today?

Aug 14
Should You Be Adding Elecon Engineering (NSE:ELECON) To Your Watchlist Today?

Shareholders Will Probably Hold Off On Increasing Elecon Engineering Company Limited's (NSE:ELECON) CEO Compensation For The Time Being

Jul 30
Shareholders Will Probably Hold Off On Increasing Elecon Engineering Company Limited's (NSE:ELECON) CEO Compensation For The Time Being

We Think Elecon Engineering (NSE:ELECON) Can Stay On Top Of Its Debt

Jun 04
We Think Elecon Engineering (NSE:ELECON) Can Stay On Top Of Its Debt

Is Now The Time To Put Elecon Engineering (NSE:ELECON) On Your Watchlist?

Apr 30
Is Now The Time To Put Elecon Engineering (NSE:ELECON) On Your Watchlist?

What Kind Of Shareholders Hold The Majority In Elecon Engineering Company Limited's (NSE:ELECON) Shares?

Mar 13
What Kind Of Shareholders Hold The Majority In Elecon Engineering Company Limited's (NSE:ELECON) Shares?

How Well Is Elecon Engineering (NSE:ELECON) Allocating Its Capital?

Feb 22
How Well Is Elecon Engineering (NSE:ELECON) Allocating Its Capital?

If You Had Bought Elecon Engineering's (NSE:ELECON) Shares Three Years Ago You Would Be Down 45%

Feb 02
If You Had Bought Elecon Engineering's (NSE:ELECON) Shares Three Years Ago You Would Be Down 45%

These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Extensively

Jan 15
These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Extensively

Here's What To Make Of Elecon Engineering's (NSE:ELECON) Returns On Capital

Sep 21
Here's What To Make Of Elecon Engineering's (NSE:ELECON) Returns On Capital

Lacklustre Performance Driving Elecon Engineering Company Limited's (NSE:ELECON) P/E

Aug 26
Lacklustre Performance Driving Elecon Engineering Company Limited's (NSE:ELECON) P/E

Does Elecon Engineering (NSE:ELECON) Have A Healthy Balance Sheet?

Aug 20
Does Elecon Engineering (NSE:ELECON) Have A Healthy Balance Sheet?

Potential Upside For Elecon Engineering Company Limited (NSE:ELECON) Not Without Risk

Jul 24
Potential Upside For Elecon Engineering Company Limited (NSE:ELECON) Not Without Risk

Shareholder Returns

ELECONIN ElectricalIN Market
7D-2.1%2.7%-0.8%
1Y125.7%17.8%-2.4%

Return vs Industry: ELECON exceeded the Indian Electrical industry which returned 17.8% over the past year.

Return vs Market: ELECON exceeded the Indian Market which returned -2.4% over the past year.

Price Volatility

Is ELECON's price volatile compared to industry and market?
ELECON volatility
ELECON Average Weekly Movement5.9%
Electrical Industry Average Movement6.1%
Market Average Movement5.7%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.4%

Stable Share Price: ELECON is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ELECON's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1951565Prayasvin Patelhttps://www.elecon.com

Elecon Engineering Company Limited manufactures and sells power transmission and material handling equipment in India and internationally. The company operates in two segments, Material Handling Equipment and Transmission Equipment. It provides helical and bevel helical, planetary, worm, high speed, wind turbine, marine, and custom built gear boxes; customized gear boxes; loose gears; vertical roller mill drives; elign geared, elflex flexible, fluid, scoop controlled variable speed controlled fluid, and torsion shaft couplings; and elevator traction machines.

Elecon Engineering Company Limited Fundamentals Summary

How do Elecon Engineering's earnings and revenue compare to its market cap?
ELECON fundamental statistics
Market Cap₹42.44b
Earnings (TTM)₹2.16b
Revenue (TTM)₹14.28b

19.7x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELECON income statement (TTM)
Revenue₹14.28b
Cost of Revenue₹7.78b
Gross Profit₹6.51b
Other Expenses₹4.35b
Earnings₹2.16b

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)19.24
Gross Margin45.55%
Net Profit Margin15.11%
Debt/Equity Ratio5.0%

How did ELECON perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

8%

Payout Ratio