ELECON Stock Overview
Elecon Engineering Company Limited manufactures and sells power transmission and material handling equipment in India and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
Rewards
Price-To-Earnings ratio (19.7x) is below the Indian market (22x)
Risk Analysis
No risks detected for ELECON from our risk checks.
My Notes
NewNotes are coming soon
Elecon Engineering Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹378.60 |
| 52 Week High | ₹476.00 |
| 52 Week Low | ₹128.05 |
| Beta | 1.23 |
| 1 Month Change | 5.53% |
| 3 Month Change | -13.02% |
| 1 Year Change | 125.69% |
| 3 Year Change | 977.10% |
| 5 Year Change | 335.67% |
| Change since IPO | -64.26% |
Recent News & Updates
Recent updates
Investors Shouldn't Overlook Elecon Engineering's (NSE:ELECON) Impressive Returns On Capital
Dec 27
If EPS Growth Is Important To You, Elecon Engineering (NSE:ELECON) Presents An Opportunity
Oct 21Calculating The Intrinsic Value Of Elecon Engineering Company Limited (NSE:ELECON)
Sep 27Elecon Engineering (NSE:ELECON) Is Looking To Continue Growing Its Returns On Capital
Jul 07Calculating The Fair Value Of Elecon Engineering Company Limited (NSE:ELECON)
Jun 24I Ran A Stock Scan For Earnings Growth And Elecon Engineering (NSE:ELECON) Passed With Ease
Jun 03Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)
Apr 05These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Safely
Feb 14Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?
Jan 24Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)
Oct 25Should You Be Adding Elecon Engineering (NSE:ELECON) To Your Watchlist Today?
Aug 14Shareholders Will Probably Hold Off On Increasing Elecon Engineering Company Limited's (NSE:ELECON) CEO Compensation For The Time Being
Jul 30We Think Elecon Engineering (NSE:ELECON) Can Stay On Top Of Its Debt
Jun 04Is Now The Time To Put Elecon Engineering (NSE:ELECON) On Your Watchlist?
Apr 30What Kind Of Shareholders Hold The Majority In Elecon Engineering Company Limited's (NSE:ELECON) Shares?
Mar 13How Well Is Elecon Engineering (NSE:ELECON) Allocating Its Capital?
Feb 22If You Had Bought Elecon Engineering's (NSE:ELECON) Shares Three Years Ago You Would Be Down 45%
Feb 02These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Extensively
Jan 15Here's What To Make Of Elecon Engineering's (NSE:ELECON) Returns On Capital
Sep 21Lacklustre Performance Driving Elecon Engineering Company Limited's (NSE:ELECON) P/E
Aug 26Does Elecon Engineering (NSE:ELECON) Have A Healthy Balance Sheet?
Aug 20
Potential Upside For Elecon Engineering Company Limited (NSE:ELECON) Not Without Risk
Jul 24Shareholder Returns
| ELECON | IN Electrical | IN Market | |
|---|---|---|---|
| 7D | -2.1% | 2.7% | -0.8% |
| 1Y | 125.7% | 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
| ELECON volatility | |
|---|---|
| ELECON Average Weekly Movement | 5.9% |
| Electrical Industry Average Movement | 6.1% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in IN Market | 9.0% |
| 10% least volatile stocks in IN Market | 3.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1951 | 565 | Prayasvin Patel | https://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
| ELECON fundamental statistics | |
|---|---|
| Market Cap | ₹42.44b |
| Earnings (TTM) | ₹2.16b |
| Revenue (TTM) | ₹14.28b |
19.7x
P/E Ratio3.0x
P/S RatioIs ELECON overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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 Margin | 45.55% |
| Net Profit Margin | 15.11% |
| Debt/Equity Ratio | 5.0% |
How did ELECON perform over the long term?
See historical performance and comparison