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Elecon Engineering Company LimitedNSEI:ELECON Stock Report

Market Cap ₹108.5b
Share Price
₹484.30
₹526.48
8.0% undervalued intrinsic discount
1Y-28.2%
7D-8.5%
Portfolio Value
View

Elecon Engineering Company Limited

NSEI:ELECON Stock Report

Market Cap: ₹108.5b

Elecon Engineering (ELECON) Stock Overview

Manufactures and sells industrial gears and material handling equipment in India and internationally. More details

ELECON fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends4/6

ELECON Community Fair Values

Create Narrative

See what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.

Elecon Engineering Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Elecon Engineering
Historical stock prices
Current Share Price₹484.30
52 Week High₹716.25
52 Week Low₹352.00
Beta0.56
1 Month Change17.33%
3 Month Change9.88%
1 Year Change-28.17%
3 Year Change75.04%
5 Year Change862.82%
Change since IPO-8.57%

Recent News & Updates

Recent updates

Analysis Article Jan 18

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

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Dec 04

The Market Doesn't Like What It Sees From Elecon Engineering Company Limited's (NSE:ELECON) Earnings Yet

Elecon Engineering Company Limited's ( NSE:ELECON ) price-to-earnings (or "P/E") ratio of 20.9x might make it look like...
Analysis Article Nov 08

Under The Bonnet, Elecon Engineering's (NSE:ELECON) Returns Look Impressive

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article Oct 18

Elecon Engineering's (NSE:ELECON) Earnings Are Weaker Than They Seem

Investors were disappointed with Elecon Engineering Company Limited's ( NSE:ELECON ) earnings, despite the strong...
Analysis Article Sep 26

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

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Sep 11

Is Now An Opportune Moment To Examine Elecon Engineering Company Limited (NSE:ELECON)?

Elecon Engineering Company Limited ( NSE:ELECON ), is not the largest company out there, but it saw a decent share...
Analysis Article Aug 27

Elecon Engineering Company Limited's (NSE:ELECON) Low P/E No Reason For Excitement

With a price-to-earnings (or "P/E") ratio of 24.1x Elecon Engineering Company Limited ( NSE:ELECON ) may be sending...
Analysis Article Aug 09

Elecon Engineering (NSE:ELECON) Could Easily Take On More Debt

NSEI:ELECON 1 Year Share Price vs Fair Value Explore Elecon Engineering's Fair Values from the Community and select...
Analysis Article May 03

Elecon Engineering Company Limited's (NSE:ELECON) Shares Climb 27% But Its Business Is Yet to Catch Up

Elecon Engineering Company Limited ( NSE:ELECON ) shares have had a really impressive month, gaining 27% after a shaky...
Analysis Article Apr 26

Elecon Engineering (NSE:ELECON) Is Investing Its Capital With Increasing Efficiency

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Apr 08

Here's Why We Think Elecon Engineering (NSE:ELECON) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Mar 18

Is Now The Time To Look At Buying Elecon Engineering Company Limited (NSE:ELECON)?

While Elecon Engineering Company Limited ( NSE:ELECON ) might not have the largest market cap around , it received a...
Analysis Article Feb 15

Some Elecon Engineering Company Limited (NSE:ELECON) Shareholders Look For Exit As Shares Take 25% Pounding

Elecon Engineering Company Limited ( NSE:ELECON ) shareholders won't be pleased to see that the share price has had a...
Analysis Article Feb 08

Is Elecon Engineering (NSE:ELECON) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Dec 19

Investors Should Be Encouraged By Elecon Engineering's (NSE:ELECON) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Dec 01

Is Elecon Engineering Company Limited (NSE:ELECON) Potentially Undervalued?

Elecon Engineering Company Limited ( NSE:ELECON ), might not be a large cap stock, but it received a lot of attention...
Analysis Article Nov 13

Investor Optimism Abounds Elecon Engineering Company Limited (NSE:ELECON) But Growth Is Lacking

With a median price-to-earnings (or "P/E") ratio of close to 33x in India, you could be forgiven for feeling...
Analysis Article Oct 18

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

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Sep 14

Is Elecon Engineering (NSE:ELECON) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 05

We Like Elecon Engineering's (NSE:ELECON) Returns And Here's How They're Trending

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analysis Article Jun 19

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

Key Insights Elecon Engineering to hold its Annual General Meeting on 25th of June CEO Prayasvin Patel's total...
Analysis Article Jun 13

Elecon Engineering Company Limited's (NSE:ELECON) 33% Price Boost Is Out Of Tune With Earnings

Elecon Engineering Company Limited ( NSE:ELECON ) shares have continued their recent momentum with a 33% gain in the...
Analysis Article Jun 05

Elecon Engineering (NSE:ELECON) Has Affirmed Its Dividend Of ₹2.00

The board of Elecon Engineering Company Limited ( NSE:ELECON ) has announced that it will pay a dividend on the 25th of...
Analysis Article May 22

With EPS Growth And More, Elecon Engineering (NSE:ELECON) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Apr 22

Elecon Engineering Company Limited's (NSE:ELECON) 31% Price Boost Is Out Of Tune With Earnings

Elecon Engineering Company Limited ( NSE:ELECON ) shareholders would be excited to see that the share price has had a...
Analysis Article Mar 22

Elecon Engineering (NSE:ELECON) Seems To Use Debt Rather Sparingly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 08

Elecon Engineering Company Limited's (NSE:ELECON) Shareholders Might Be Looking For Exit

Elecon Engineering Company Limited's ( NSE:ELECON ) price-to-earnings (or "P/E") ratio of 33.7x might make it look like...
Analysis Article Feb 20

With EPS Growth And More, Elecon Engineering (NSE:ELECON) Makes An Interesting Case

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Feb 07

Is Elecon Engineering Company Limited (NSE:ELECON) Potentially Undervalued?

Elecon Engineering Company Limited ( NSE:ELECON ), is not the largest company out there, but it saw a significant share...
Analysis Article Nov 25

Elecon Engineering (NSE:ELECON) Is Very Good At Capital Allocation

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article Oct 15

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

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Sep 15

Why Elecon Engineering Company Limited (NSE:ELECON) Could Be Worth Watching

While Elecon Engineering Company Limited ( NSE:ELECON ) might not be the most widely known stock at the moment, it saw...
Analysis Article Sep 02

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 16

Elecon Engineering (NSE:ELECON) Knows How To Allocate Capital Effectively

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Jul 07

Here's Why We Think Elecon Engineering (NSE:ELECON) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jun 09

Elecon Engineering's (NSE:ELECON) Dividend Will Be Increased To ₹2.00

Elecon Engineering Company Limited ( NSE:ELECON ) will increase its dividend from last year's comparable payment on the...
Analysis Article May 26

Elecon Engineering's (NSE:ELECON) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of Elecon Engineering Company Limited ( NSE:ELECON ) has announced that it will be paying its dividend of...

Shareholder Returns

ELECONIN ElectricalIN Market
7D-8.5%-3.6%-2.8%
1Y-28.2%27.6%-1.2%

Return vs Industry: ELECON underperformed the Indian Electrical industry which returned 27.6% over the past year.

Return vs Market: ELECON underperformed the Indian Market which returned -1.2% over the past year.

Price Volatility

Is ELECON's price volatile compared to industry and market?
ELECON volatility
ELECON Average Weekly Movement7.0%
Electrical Industry Average Movement8.1%
Market Average Movement7.1%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.8%

Stable Share Price: ELECON has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: ELECON's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19512,162Prayasvin Patelwww.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, high speed, wind turbine, marine, and custom-built gear boxes; and customized gear boxes, loose gears, and couplings.

Elecon Engineering Company Limited Fundamentals Summary

How do Elecon Engineering's earnings and revenue compare to its market cap?
ELECON fundamental statistics
Market cap₹108.47b
Earnings (TTM)₹3.41b
Revenue (TTM)₹23.66b
31.8x
P/E Ratio
4.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELECON income statement (TTM)
Revenue₹23.66b
Cost of Revenue₹13.03b
Gross Profit₹10.63b
Other Expenses₹7.22b
Earnings₹3.41b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)15.20
Gross Margin44.93%
Net Profit Margin14.42%
Debt/Equity Ratio0%

How did ELECON perform over the long term?

See historical performance and comparison

Dividends

0.4%
Current Dividend Yield
13%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 18:23
End of Day Share Price 2026/05/18 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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.

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.

AnalystInstitution
Sandeep Tulsiyan360 ONE Capital Market Private Limited
null nullAsian Markets Securities Private Limited
null nullEmkay Global Financial Services Ltd.