Elecon Engineering Company Limited

NSEI:ELECON Stock Report

Market Cap: ₹91.3b

Elecon Engineering Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Prayasvin Patel

Chief executive officer

₹226.6m

Total compensation

CEO salary percentage23.37%
CEO tenure42.8yrs
CEO ownership1.7%
Management average tenure4.9yrs
Board average tenure4.3yrs

Recent management updates

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

Jun 19
Shareholders Will Probably Hold Off On Increasing Elecon Engineering Company Limited's (NSE:ELECON) CEO Compensation For The Time Being

Recent updates

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

Jan 18
Is Now The Time To Put Elecon Engineering (NSE:ELECON) On Your Watchlist?

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

Dec 04
The Market Doesn't Like What It Sees From Elecon Engineering Company Limited's (NSE:ELECON) Earnings Yet

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

Nov 08
Under The Bonnet, Elecon Engineering's (NSE:ELECON) Returns Look Impressive

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

Oct 18
Elecon Engineering's (NSE:ELECON) Earnings Are Weaker Than They Seem

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

Sep 26
Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?

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

Sep 11
Is Now An Opportune Moment To Examine Elecon Engineering Company Limited (NSE:ELECON)?

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

Aug 27
Elecon Engineering Company Limited's (NSE:ELECON) Low P/E No Reason For Excitement

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

Aug 09
Elecon Engineering (NSE:ELECON) Could Easily Take On More Debt

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

May 03
Elecon Engineering Company Limited's (NSE:ELECON) Shares Climb 27% But Its Business Is Yet to Catch Up

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

Apr 26
Elecon Engineering (NSE:ELECON) Is Investing Its Capital With Increasing Efficiency

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

Apr 08
Here's Why We Think Elecon Engineering (NSE:ELECON) Is Well Worth Watching

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

Mar 18
Is Now The Time To Look At Buying Elecon Engineering Company Limited (NSE:ELECON)?

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

Feb 15
Some Elecon Engineering Company Limited (NSE:ELECON) Shareholders Look For Exit As Shares Take 25% Pounding

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

Feb 08
Is Elecon Engineering (NSE:ELECON) Using Too Much Debt?

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

Dec 19
Investors Should Be Encouraged By Elecon Engineering's (NSE:ELECON) Returns On Capital

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

Dec 01
Is Elecon Engineering Company Limited (NSE:ELECON) Potentially Undervalued?

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

Nov 13
Investor Optimism Abounds Elecon Engineering Company Limited (NSE:ELECON) But Growth Is Lacking

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

Oct 18
If EPS Growth Is Important To You, Elecon Engineering (NSE:ELECON) Presents An Opportunity

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

Sep 14
Is Elecon Engineering (NSE:ELECON) Using Too Much Debt?

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

Aug 05
We Like Elecon Engineering's (NSE:ELECON) Returns And Here's How They're Trending

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

Jun 19
Shareholders Will Probably Hold Off On Increasing Elecon Engineering Company Limited's (NSE:ELECON) CEO Compensation For The Time Being

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

Jun 13
Elecon Engineering Company Limited's (NSE:ELECON) 33% Price Boost Is Out Of Tune With Earnings

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

Jun 05
Elecon Engineering (NSE:ELECON) Has Affirmed Its Dividend Of ₹2.00

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

May 22
With EPS Growth And More, Elecon Engineering (NSE:ELECON) Makes An Interesting Case

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

CEO Compensation Analysis

How has Prayasvin Patel's remuneration changed compared to Elecon Engineering's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹3b

Dec 31 2025n/an/a

₹5b

Sep 30 2025n/an/a

₹5b

Jun 30 2025n/an/a

₹5b

Mar 31 2025₹227m₹53m

₹4b

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

Compensation vs Market: Prayasvin's total compensation ($USD2.43M) is above average for companies of similar size in the Indian market ($USD416.18K).

Compensation vs Earnings: Prayasvin's compensation has been consistent with company performance over the past year.


CEO

Prayasvin Patel (67 yo)

42.8yrs
Tenure
₹226,591,000
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₹226.59m1.75%
₹ 1.6b
Bhartiben Isarani
Company Secretary & Compliance Officer7.8yrs₹2.80mno data
Man Nanda
Business Head of Gear Divisionno datano datano data
Pravin Bhasin
Business Head of MHE Division4.9yrsno datano data
Kaushik Patel
Business Head of MHE Divisionno datano datano data
Dipak Dalwadi
Business Head of Gear Division1.3yrsno datano data
4.9yrs
Average Tenure

Experienced Management: ELECON's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Prayasvin Patel
Non-Independent Executive Chairman & MD42.8yrs₹226.59m1.75%
₹ 1.6b
Pranav Amin
Independent Non-Executive Director4.9yrs₹1.38mno data
Nirmal Bhogilal
Independent & Non-Executive Director2yrs₹1.52mno data
Pradip Patel
Non-Independent & Non-Executive Director48.4yrs₹1.51m0.056%
₹ 50.8m
Prashantbhai Amin
Non-Independent & Non-Executive Director17.8yrs₹1.39m0.036%
₹ 33.1m
Natasha Treasurywala
Non-Executive Independent Woman Director1yrno datano data
Aayush Shah
Additional Non-Executive Non-Independent Director3yrs₹1.37mno data
Ashutosh Pednekar
Non-Executive Independent Director3.8yrs₹1.51mno data
4.3yrs
Average Tenure
67yo
Average Age

Experienced Board: ELECON's board of directors are considered experienced (4.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/16 17:22
End of Day Share Price 2026/04/16 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
null nullAsian Markets Securities Private Limited
Sandeep TulsiyanBatlivala & Karani Securities India Pvt. Ltd.
null nullEmkay Global Financial Services Ltd.