company background image
ELECON logo

Elecon Engineering NSEI:ELECON Stock Report

Last Price

₹1.14k

Market Cap

₹128.1b

7D

7.6%

1Y

167.1%

Updated

25 Apr, 2024

Data

Company Financials +

Elecon Engineering Company Limited

NSEI:ELECON Stock Report

Market Cap: ₹128.1b

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 Performance6/6
Financial Health6/6
Dividends4/6

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₹1,142.00
52 Week High₹1,245.00
52 Week Low₹422.00
Beta1.1
1 Month Change21.07%
3 Month Change10.21%
1 Year Change167.10%
3 Year Change1,148.09%
5 Year Change1,950.27%
Change since IPO7.80%

Recent News & Updates

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

Apr 22
Elecon Engineering Company Limited's (NSE:ELECON) 31% Price Boost Is Out Of Tune With Earnings

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

Mar 22
Elecon Engineering (NSE:ELECON) Seems To Use Debt Rather Sparingly

Recent updates

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

Apr 22
Elecon Engineering Company Limited's (NSE:ELECON) 31% Price Boost Is Out Of Tune With Earnings

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

Mar 22
Elecon Engineering (NSE:ELECON) Seems To Use Debt Rather Sparingly

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

Mar 08
Elecon Engineering Company Limited's (NSE:ELECON) Shareholders Might Be Looking For Exit

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

Feb 20
With EPS Growth And More, Elecon Engineering (NSE:ELECON) Makes An Interesting Case

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

Feb 07
Is Elecon Engineering Company Limited (NSE:ELECON) Potentially Undervalued?

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

Nov 25
Elecon Engineering (NSE:ELECON) Is Very Good At Capital Allocation

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

Oct 15
Should You Be Adding Elecon Engineering (NSE:ELECON) To Your Watchlist Today?

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

Sep 15
Why Elecon Engineering Company Limited (NSE:ELECON) Could Be Worth Watching

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

Sep 02
Does Elecon Engineering (NSE:ELECON) Have A Healthy Balance Sheet?

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

Aug 16
Elecon Engineering (NSE:ELECON) Knows How To Allocate Capital Effectively

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

Jul 07
Here's Why We Think Elecon Engineering (NSE:ELECON) Is Well Worth Watching

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

Jun 09
Elecon Engineering's (NSE:ELECON) Dividend Will Be Increased To ₹2.00

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

May 26
Elecon Engineering's (NSE:ELECON) Shareholders Will Receive A Bigger Dividend Than Last Year

At ₹504, Is It Time To Put Elecon Engineering Company Limited (NSE:ELECON) On Your Watch List?

May 13
At ₹504, Is It Time To Put Elecon Engineering Company Limited (NSE:ELECON) On Your Watch List?

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

Feb 21
Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?

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

Shareholder Returns

ELECONIN ElectricalIN Market
7D7.6%3.9%1.8%
1Y167.1%105.8%46.4%

Return vs Industry: ELECON exceeded the Indian Electrical industry which returned 105.8% over the past year.

Return vs Market: ELECON exceeded the Indian Market which returned 46.4% over the past year.

Price Volatility

Is ELECON's price volatile compared to industry and market?
ELECON volatility
ELECON Average Weekly Movement6.8%
Electrical Industry Average Movement7.8%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: ELECON's share price has been volatile over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
1951652Prayasvin Patelwww.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₹128.11b
Earnings (TTM)₹3.56b
Revenue (TTM)₹19.37b

36.0x

P/E Ratio

6.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELECON income statement (TTM)
Revenue₹19.37b
Cost of Revenue₹10.18b
Gross Profit₹9.19b
Other Expenses₹5.64b
Earnings₹3.56b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)31.69
Gross Margin47.44%
Net Profit Margin18.35%
Debt/Equity Ratio0%

How did ELECON perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

9%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.