5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

Elecon Engineering Company Ltd.

•
elecon.comBSE: 505700NSE: ELECON
Market Cap₹ 9,472 Cr.
Current Price
High / Low₹ 635 / 352
Stock P/E40.1
Book Value₹ 106
Price to Book3.45
Dividend Yield0.47 %
ROCE22.3 %
ROE15.9 %
Face Value₹ 1

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Transmission Equipment: 70.5% • Material Handling Equipment: 29.5%

AI Sector View

AI GENERATED

Capital Goods

Buy

Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.

Confidence
72%
View full sector analysis →

PROS

  • Company has delivered good profit growth of 42.7% CAGR over last 5 years
  • Company is almost debt free
  • Company has a healthy return on capital (ROCE) of 28.6%
  • Company has a good return on equity (ROE) track record: 3 Years ROE 21.2%
  • Company has consistently been profitable over the last 5 years
  • Company has delivered good sales growth of 17.8% CAGR over last 5 years

CONS

  • Recent results are weak - TTM profit is down 63.3% versus prior year
  • Valuation is stretched - P/E of 40.1 is well above its own 5-year median (23.3)
  • Growth is decelerating - 3Y profit CAGR (12.8%) trails the 5Y trend (42.7%)
  • Though reporting repeated profits, the company pays out little dividend (13.2%)
  • Expensive relative to growth - PEG of 3.1

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Capital GoodsCapital GoodsEngineering - Industrial Equipments
Part ofNIFTY TOTAL MKTNIFTY 500NIFTY SMLCAP 250
S.No.Name
1.BHEL430.6061.64149937.650.33376.71182.707697.7240.299.246.69
2.INDOMIM1018.9094.4350382.660.582401.22—12187.42—24.4833.36
3.THERMAX3680.2573.9143852.500.5421.79-85.612302.737.0915.852.98
4.HONAUT34514.0555.3730515.680.32150.7020.951204.401.8017.0414.32
5.JYOTICNC987.9569.8422468.260.0057.14-19.99508.4723.9721.3421.40
6.INOXINDIA2245.7580.1220418.910.09580.72850.163707.90991.7733.5420.46
7.AZAD2846.00132.2518379.960.0035.1619.46172.6025.9012.0437.29
8.TRITURBINE569.1053.8018091.600.7551.10-20.65442.7019.2335.9511.59
9.TEGA1731.10615.5213005.360.12-108.25-406.361723.44383.998.373.27
10.LLOYDSENGG82.7257.3612830.190.3068.23-77.28527.15142.9217.9915.04
11.KRN1595.75107.7510445.540.0032.90164.84252.32118.8716.0619.44
12.ELECON422.1040.139471.920.4770.35-59.90520.566.1122.2720.96
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
414485474565392508529798491578552746521
314366353429300396386602360452443588449
Operating Profit1001191201359211214319513012610915871
OPM %24.13%24.49%25.42%23.97%23.54%22.10%26.96%24.49%26.56%21.73%19.79%21.19%13.69%
8131013141116191071819-8422
Interest2312223566768
Depreciation12131313131316192525272730
Profit before Tax9411511613492108139190207113944093
Tax %22.99%24.79%23.31%24.36%22.67%21.06%23.49%24.03%15.34%22.36%23.39%85.14%24.48%
Net Profit000073881081461758872670
6.503.954.034.623.273.914.796.537.823.913.210.273.14

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
1,2021,1801,2251,0881,0441,2121,5301,9372,2272,3662,396
1,0271,0551,1189769329721,1961,4631,6801,8461,932
Operating Profit174126107112112240333475547520464
OPM %14.50%10.64%8.70%10.32%10.75%19.79%21.79%24.50%24.55%21.99%19.37%
9510036801626445663-25
Interest907574786038149132527
Depreciation535348535249495161104109
Profit before Tax446882081171300465537454341
Tax %75.49%-33.19%20.56%-359.76%29.11%17.61%20.79%23.59%22.70%24.93%30.67%
Net Profit117709058140238356415341236
EPS0.960.676.257.995.1412.5221.1731.6918.5015.20—
Dividend Payout %52.19%29.98%3.20%0.00%7.79%11.18%9.45%9.47%10.81%13.16%—

COMPOUNDED SALES GROWTH

10 Years:
6%
5 Years:
18%
3 Years:
16%

COMPOUNDED PROFIT GROWTH

10 Years:
25%
5 Years:
43%
3 Years:
13%

STOCK PRICE CAGR

10 Years:
31%
5 Years:
37%
3 Years:
2%
1 Year:
-28%

RETURN ON EQUITY

10 Years:
13%
5 Years:
20%
3 Years:
21%
Last Year:
16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

Jun 12

₹ 1.50

Rs.1.5000 per share(150%)Final Dividend

2025

Oct 16

₹ 0.50

Rs.0.5000 per share(50%)Interim Dividend

2025

Jun 13

₹ 1.50

Rs.1.5000 per share(150%)Final Dividend

2024

Oct 28

₹ 0.50

Interim Dividend

2024

Jun 14

₹ 1

Rs.2.0000 per share(100%)Final Dividend

2023

Oct 31

₹ 0.50

Interim Dividend

2023

Jun 9

₹ 1

Rs.2.0000 per share(100%)Final Dividend

2022

Jun 9

₹ 0.50

2022

Jun 9

₹ 0.20

2021

Jul 22

₹ 0.20

Rs.0.4000 per share(20%)Dividend

2019

Sep 6

₹ 0.10

Rs.0.2000 per share(10%)Dividend

2018

Sep 18

₹ 0.10

Rs.0.2000 per share(10%)Dividend

2017

Jul 26

₹ 0.25

Rs.0.5000 per share(25%)Dividend

2016

Jul 18

₹ 0.55

Rs.1.1000 per share(55%)Dividend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital22222222222222222222
6876867468328971,0281,2571,5821,9762,283
5045455264502801325178171218
Trade Payables483445401519424270196188280288
390457470306364262204253279421
Total Liabilities2,0872,1562,1652,1291,9881,7151,7302,1232,7293,234
858831796773732714729743889905
Capital Work in Progress11500101723
49515453535477286496743
302285319307250262279230243301
0000000445614721
Cash & Bank938376107141112210263358213
785905915889810572435154123329
Total Assets2,0872,1562,1652,1291,9881,7151,7302,1232,7293,234

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
1947094226248254375365425314
Cash from Investing-7-5140-25-1915-166-279-316-220
Cash from Financing-134-64-118-176-210-250-145-59-67-122
47-4492119-12-22742-27

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
59.2859.2759.2759.2759.2759.2759.2759.2759.27
9.109.849.738.659.618.318.097.136.99
2.552.973.674.393.804.134.485.677.18
0.000.010.030.030.040.040.040.040.04
29.0727.9127.3027.6627.2928.2528.1027.8726.51

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-08-25
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-25 - Elecon Engineering Company Limited has informed the Exchange about Schedule of meet

2026-08-05
Copy of Newspaper Publication

2026-08-05 - Elecon Engineering Company Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-03
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-03 - Elecon Engineering Company Limited has informed the Exchange about Schedule of meet

2026-08-01
Shareholders meeting

2026-08-01 - Elecon Engineering Company Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

2026-07-18
Analysts/Institutional Investor Meet/Con. Call Updates

2026-07-18 - Elecon Engineering Company Limited has informed the Exchange about Transcript

2026-07-16
Credit Rating

2026-07-16 - Elecon Engineering Company Limited has informed the Exchange about Credit Rating

2026-07-13
Analysts/Institutional Investor Meet/Con. Call Updates

2026-07-13 - Elecon Engineering Company Limited has informed the Exchange about Link of Recording

2026-07-11
Copy of Newspaper Publication

2026-07-11 - Elecon Engineering Company Limited has informed the Exchange about Copy of Newspaper Publication

2026-07-10
Investor Presentation

2026-07-10 - Elecon Engineering Company Limited has informed the Exchange about Investor Presentation

News

Recent coverage and analyst commentary for ELECON

Loading news…

🤖

AI Stock Analyst

Elecon Engineering Company Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login