Elecon Engineering Company Ltd.
•₹ 451.55-0.03%
2026-08-21
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 42.9 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 3.3
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | BHEL | 414.00 | 59.26 | 144157.42 | 0.34 | 376.71 | 182.70 | 7697.72 | 40.29 | 9.24 | 6.69 |
| 2. | THERMAX | 4036.95 | 81.07 | 48102.80 | 0.50 | 21.79 | -85.61 | 2302.73 | 7.09 | 15.85 | 2.98 |
| 3. | INDOMIM | 918.35 | 85.11 | 45410.65 | 0.64 | 2401.22 | — | 12187.42 | — | 24.48 | 33.36 |
| 4. | KIRLOSENG | 2148.50 | 57.25 | 31264.94 | 0.33 | 111.06 | -20.05 | 1999.53 | 13.36 | 14.46 | 15.02 |
| 5. | JYOTICNC | 948.95 | 67.08 | 21581.31 | 0.00 | 57.14 | -19.99 | 508.47 | 23.97 | 23.88 | 21.40 |
| 6. | TRITURBINE | 580.20 | 54.85 | 18444.47 | 0.73 | 51.10 | -20.65 | 442.70 | 19.23 | 35.95 | 11.59 |
| 7. | AZAD | 2764.05 | 128.44 | 17850.72 | 0.00 | 35.16 | 19.46 | 172.60 | 25.90 | 12.28 | 37.29 |
| 8. | INOXINDIA | 1922.85 | 68.48 | 17452.46 | 0.10 | 580.72 | 850.16 | 3707.90 | 991.77 | 33.54 | 20.46 |
| 9. | LLOYDSENGG | 92.20 | 63.94 | 14300.58 | 0.27 | 68.23 | -77.28 | 527.15 | 142.92 | 17.99 | 15.04 |
| 10. | TEGA | 1776.30 | 631.59 | 13344.93 | 0.11 | -108.25 | -406.36 | 1723.44 | 383.99 | 18.56 | 3.27 |
| 11. | ELECON | 451.65 | 42.93 | 10135.02 | 0.44 | 70.35 | -59.90 | 520.56 | 6.11 | 22.27 | 20.96 |
| 12. | KRN | 1517.15 | 102.44 | 9931.03 | 0.00 | 32.90 | 164.84 | 252.32 | 118.87 | 21.21 | 19.44 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 414 | 485 | 474 | 565 | 392 | 508 | 529 | 798 | 491 | 578 | 552 | 746 | 521 | |
| 314 | 366 | 353 | 429 | 300 | 396 | 386 | 602 | 360 | 452 | 443 | 588 | 449 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 8 | 13 | 10 | 13 | 14 | 11 | 16 | 19 | 26 | 18 | 19 | 18 | 22 |
| Interest | 2 | 3 | 1 | 2 | 2 | 2 | 3 | 5 | 6 | 6 | 7 | 6 | 8 |
| Depreciation | 12 | 13 | 13 | 13 | 13 | 13 | 16 | 19 | 25 | 25 | 27 | 27 | 30 |
| 94 | 115 | 116 | 134 | 92 | 108 | 139 | 190 | 207 | 113 | 94 | 40 | 93 | |
| 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 Profit | 0 | 0 | 0 | 0 | 73 | 88 | 108 | 146 | 175 | 88 | 72 | 6 | 70 |
| 6 | 4 | 4 | 5 | 3 | 4 | 5 | 7 | 8 | 4 | 3 | 0 | 0 | |
| Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 414
- 314
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 2
- Depreciation
- 12
- 94
- Tax %
- 22.99%
- Net Profit
- 0
- 6
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 485
- 366
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 3
- Depreciation
- 13
- 115
- Tax %
- 24.79%
- Net Profit
- 0
- 4
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 474
- 353
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 1
- Depreciation
- 13
- 116
- Tax %
- 23.31%
- Net Profit
- 0
- 4
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 565
- 429
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 2
- Depreciation
- 13
- 134
- Tax %
- 24.36%
- Net Profit
- 0
- 5
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 392
- 300
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 2
- Depreciation
- 13
- 92
- Tax %
- 22.67%
- Net Profit
- 73
- 3
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 508
- 396
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 2
- Depreciation
- 13
- 108
- Tax %
- 21.06%
- Net Profit
- 88
- 4
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 529
- 386
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 3
- Depreciation
- 16
- 139
- Tax %
- 23.49%
- Net Profit
- 108
- 5
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 798
- 602
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 5
- Depreciation
- 19
- 190
- Tax %
- 24.03%
- Net Profit
- 146
- 7
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 491
- 360
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 6
- Depreciation
- 25
- 207
- Tax %
- 15.34%
- Net Profit
- 175
- 8
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 578
- 452
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 6
- Depreciation
- 25
- 113
- Tax %
- 22.36%
- Net Profit
- 88
- 4
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 552
- 443
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 7
- Depreciation
- 27
- 94
- Tax %
- 23.39%
- Net Profit
- 72
- 3
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 746
- 588
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 6
- Depreciation
- 27
- 40
- Tax %
- 85.14%
- Net Profit
- 6
- 0
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 521
- 449
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 8
- Depreciation
- 30
- 93
- Tax %
- 24.48%
- Net Profit
- 70
- 0
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,202 | 1,180 | 1,225 | 1,088 | 1,044 | 1,212 | 1,530 | 1,937 | 2,227 | 2,366 | 2,396 | |
| 1,027 | 1,055 | 1,118 | 976 | 932 | 972 | 1,196 | 1,463 | 1,680 | 1,846 | 1,932 | |
| Operating Profit | 183 | 131 | 206 | 149 | 192 | 256 | 359 | 519 | 603 | 605 | — |
| OPM % | 15 | 11 | 17 | 14 | 18 | 21 | 23 | 27 | 27 | 26 | — |
| Other Income | 9 | 5 | 100 | 36 | 80 | 16 | 26 | 44 | 56 | 84 | 77 |
| Interest | 90 | 75 | 74 | 78 | 60 | 38 | 14 | 9 | 13 | 25 | 27 |
| Depreciation | 53 | 53 | 48 | 53 | 52 | 49 | 49 | 51 | 61 | 104 | 109 |
| 44 | 6 | 88 | 20 | 81 | 171 | 300 | 465 | 537 | 454 | 341 | |
| Tax % | 75 | -33 | 21 | -360 | 29 | 18 | 21 | 24 | 23 | 25 | 31 |
| Net Profit | 11 | 7 | 70 | 90 | 58 | 140 | 238 | 356 | 415 | 341 | 236 |
| EPS | 1 | 1 | 6 | 8 | 5 | 13 | 21 | 32 | 18 | 15 | — |
| Dividend Payout % | 52 | 30 | 3 | 0 | 8 | 11 | 9 | 9 | 11 | 13 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 3 | 4 | 3 | 6 | 11 | 16 | 18 | 15 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 3 | 4 | 3 | 6 | 11 | 16 | 18 | 15 | — |
Mar 2017
- 1,202
- 1,027
- Operating Profit
- 183
- OPM %
- 15
- Other Income
- 9
- Interest
- 90
- Depreciation
- 53
- 44
- Tax %
- 75
- Net Profit
- 11
- EPS
- 1
- Dividend Payout %
- 52
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 1,180
- 1,055
- Operating Profit
- 131
- OPM %
- 11
- Other Income
- 5
- Interest
- 75
- Depreciation
- 53
- 6
- Tax %
- -33
- Net Profit
- 7
- EPS
- 1
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 1,225
- 1,118
- Operating Profit
- 206
- OPM %
- 17
- Other Income
- 100
- Interest
- 74
- Depreciation
- 48
- 88
- Tax %
- 21
- Net Profit
- 70
- EPS
- 6
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2020
- 1,088
- 976
- Operating Profit
- 149
- OPM %
- 14
- Other Income
- 36
- Interest
- 78
- Depreciation
- 53
- 20
- Tax %
- -360
- Net Profit
- 90
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2021
- 1,044
- 932
- Operating Profit
- 192
- OPM %
- 18
- Other Income
- 80
- Interest
- 60
- Depreciation
- 52
- 81
- Tax %
- 29
- Net Profit
- 58
- EPS
- 5
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 1,212
- 972
- Operating Profit
- 256
- OPM %
- 21
- Other Income
- 16
- Interest
- 38
- Depreciation
- 49
- 171
- Tax %
- 18
- Net Profit
- 140
- EPS
- 13
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2023
- 1,530
- 1,196
- Operating Profit
- 359
- OPM %
- 23
- Other Income
- 26
- Interest
- 14
- Depreciation
- 49
- 300
- Tax %
- 21
- Net Profit
- 238
- EPS
- 21
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2024
- 1,937
- 1,463
- Operating Profit
- 519
- OPM %
- 27
- Other Income
- 44
- Interest
- 9
- Depreciation
- 51
- 465
- Tax %
- 24
- Net Profit
- 356
- EPS
- 32
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2025
- 2,227
- 1,680
- Operating Profit
- 603
- OPM %
- 27
- Other Income
- 56
- Interest
- 13
- Depreciation
- 61
- 537
- Tax %
- 23
- Net Profit
- 415
- EPS
- 18
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
Mar 2026
- 2,366
- 1,846
- Operating Profit
- 605
- OPM %
- 26
- Other Income
- 84
- Interest
- 25
- Depreciation
- 104
- 454
- Tax %
- 25
- Net Profit
- 341
- EPS
- 15
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
TTM
- 2,396
- 1,932
- Operating Profit
- —
- OPM %
- —
- Other Income
- 77
- Interest
- 27
- Depreciation
- 109
- 341
- Tax %
- 31
- Net Profit
- 236
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
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:
- 32%
- 5 Years:
- 41%
- 3 Years:
- 2%
- 1 Year:
- -20%
RETURN ON EQUITY
- 10 Years:
- 13%
- 5 Years:
- 20%
- 3 Years:
- 21%
- Last Year:
- 16%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| 687 | 686 | 746 | 832 | 897 | 1,028 | 1,257 | 1,582 | 1,976 | 2,283 | |
| 364 | 357 | 281 | 255 | 130 | 80 | 0 | 0 | 3 | 0 | |
| Trade Payables | 483 | 445 | 401 | 519 | 424 | 270 | 196 | 188 | 280 | 288 |
| 531 | 645 | 715 | 501 | 514 | 314 | 255 | 331 | 447 | 639 | |
| Total Liabilities | 2,087 | 2,156 | 2,165 | 2,129 | 1,988 | 1,715 | 1,730 | 2,123 | 2,729 | 3,234 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 858 | 831 | 796 | 773 | 732 | 714 | 729 | 743 | 889 | 905 | |
| Capital Work in Progress | 1 | 1 | 5 | 0 | 0 | 1 | 0 | 1 | 7 | 23 |
| 49 | 51 | 54 | 53 | 53 | 54 | 77 | 286 | 496 | 743 | |
| 302 | 285 | 319 | 307 | 250 | 262 | 279 | 230 | 243 | 301 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 445 | 614 | 721 | |
| Cash & Bank | 93 | 83 | 76 | 107 | 141 | 112 | 210 | 263 | 358 | 213 |
| 785 | 905 | 915 | 889 | 810 | 572 | 435 | 154 | 123 | 329 | |
| Total Assets | 2,087 | 2,156 | 2,165 | 2,129 | 1,988 | 1,715 | 1,730 | 2,123 | 2,729 | 3,234 |
| Total Debt | 583 | 590 | 548 | 420 | 286 | 100 | 0 | 0 | 3 | 0 |
| Net Working Capital | 5 | 87 | 242 | 221 | 295 | 347 | 545 | 820 | 1,159 | 1,289 |
| Contingent Liabilities | 516 | 514 | 526 | 539 | 487 | 128 | 108 | 112 | 107 | 107 |
| Book Value per Share | 63.27 | 63.18 | 68.45 | 76.13 | 81.93 | 93.60 | 114.00 | 142.96 | 89.07 | 102.76 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Total Debt | 583 | 590 | 548 | 420 | 286 | 100 | 0 | 0 | 3 | 0 |
| Net Working Capital | 5 | 87 | 242 | 221 | 295 | 347 | 545 | 820 | 1,159 | 1,289 |
| Contingent Liabilities | 516 | 514 | 526 | 539 | 487 | 128 | 108 | 112 | 107 | 107 |
| Book Value per Share | 63.27 | 63.18 | 68.45 | 76.13 | 81.93 | 93.60 | 114.00 | 142.96 | 89.07 | 102.76 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 22
- 687
- 364
- Trade Payables
- 483
- 531
- Total Liabilities
- 2,087
- 858
- Capital Work in Progress
- 1
- 49
- 302
- 0
- Cash & Bank
- 93
- 785
- Total Assets
- 2,087
- Total Debt
- 583
- Net Working Capital
- 5
- Contingent Liabilities
- 516
- Book Value per Share
- 63.27
- Face Value
- 2.00
- Total Debt
- 583
- Net Working Capital
- 5
- Contingent Liabilities
- 516
- Book Value per Share
- 63.27
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 22
- 686
- 357
- Trade Payables
- 445
- 645
- Total Liabilities
- 2,156
- 831
- Capital Work in Progress
- 1
- 51
- 285
- 0
- Cash & Bank
- 83
- 905
- Total Assets
- 2,156
- Total Debt
- 590
- Net Working Capital
- 87
- Contingent Liabilities
- 514
- Book Value per Share
- 63.18
- Face Value
- 2.00
- Total Debt
- 590
- Net Working Capital
- 87
- Contingent Liabilities
- 514
- Book Value per Share
- 63.18
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 22
- 746
- 281
- Trade Payables
- 401
- 715
- Total Liabilities
- 2,165
- 796
- Capital Work in Progress
- 5
- 54
- 319
- 0
- Cash & Bank
- 76
- 915
- Total Assets
- 2,165
- Total Debt
- 548
- Net Working Capital
- 242
- Contingent Liabilities
- 526
- Book Value per Share
- 68.45
- Face Value
- 2.00
- Total Debt
- 548
- Net Working Capital
- 242
- Contingent Liabilities
- 526
- Book Value per Share
- 68.45
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 22
- 832
- 255
- Trade Payables
- 519
- 501
- Total Liabilities
- 2,129
- 773
- Capital Work in Progress
- 0
- 53
- 307
- 0
- Cash & Bank
- 107
- 889
- Total Assets
- 2,129
- Total Debt
- 420
- Net Working Capital
- 221
- Contingent Liabilities
- 539
- Book Value per Share
- 76.13
- Face Value
- 2.00
- Total Debt
- 420
- Net Working Capital
- 221
- Contingent Liabilities
- 539
- Book Value per Share
- 76.13
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 22
- 897
- 130
- Trade Payables
- 424
- 514
- Total Liabilities
- 1,988
- 732
- Capital Work in Progress
- 0
- 53
- 250
- 0
- Cash & Bank
- 141
- 810
- Total Assets
- 1,988
- Total Debt
- 286
- Net Working Capital
- 295
- Contingent Liabilities
- 487
- Book Value per Share
- 81.93
- Face Value
- 2.00
- Total Debt
- 286
- Net Working Capital
- 295
- Contingent Liabilities
- 487
- Book Value per Share
- 81.93
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 22
- 1,028
- 80
- Trade Payables
- 270
- 314
- Total Liabilities
- 1,715
- 714
- Capital Work in Progress
- 1
- 54
- 262
- 0
- Cash & Bank
- 112
- 572
- Total Assets
- 1,715
- Total Debt
- 100
- Net Working Capital
- 347
- Contingent Liabilities
- 128
- Book Value per Share
- 93.60
- Face Value
- 2.00
- Total Debt
- 100
- Net Working Capital
- 347
- Contingent Liabilities
- 128
- Book Value per Share
- 93.60
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 22
- 1,257
- 0
- Trade Payables
- 196
- 255
- Total Liabilities
- 1,730
- 729
- Capital Work in Progress
- 0
- 77
- 279
- 0
- Cash & Bank
- 210
- 435
- Total Assets
- 1,730
- Total Debt
- 0
- Net Working Capital
- 545
- Contingent Liabilities
- 108
- Book Value per Share
- 114.00
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 545
- Contingent Liabilities
- 108
- Book Value per Share
- 114.00
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 22
- 1,582
- 0
- Trade Payables
- 188
- 331
- Total Liabilities
- 2,123
- 743
- Capital Work in Progress
- 1
- 286
- 230
- 445
- Cash & Bank
- 263
- 154
- Total Assets
- 2,123
- Total Debt
- 0
- Net Working Capital
- 820
- Contingent Liabilities
- 112
- Book Value per Share
- 142.96
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 820
- Contingent Liabilities
- 112
- Book Value per Share
- 142.96
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 22
- 1,976
- 3
- Trade Payables
- 280
- 447
- Total Liabilities
- 2,729
- 889
- Capital Work in Progress
- 7
- 496
- 243
- 614
- Cash & Bank
- 358
- 123
- Total Assets
- 2,729
- Total Debt
- 3
- Net Working Capital
- 1,159
- Contingent Liabilities
- 107
- Book Value per Share
- 89.07
- Face Value
- 1.00
- Total Debt
- 3
- Net Working Capital
- 1,159
- Contingent Liabilities
- 107
- Book Value per Share
- 89.07
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 22
- 2,283
- 0
- Trade Payables
- 288
- 639
- Total Liabilities
- 3,234
- 905
- Capital Work in Progress
- 23
- 743
- 301
- 721
- Cash & Bank
- 213
- 329
- Total Assets
- 3,234
- Total Debt
- 0
- Net Working Capital
- 1,289
- Contingent Liabilities
- 107
- Book Value per Share
- 102.76
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 1,289
- Contingent Liabilities
- 107
- Book Value per Share
- 102.76
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 188 | 70 | 87 | 222 | 248 | 223 | 309 | 365 | 425 | 314 | |
| Cash from Investing | -7 | -51 | 40 | -25 | -19 | 15 | -166 | -279 | -316 | -220 |
| Cash from Financing | -134 | -64 | -118 | -176 | -210 | -250 | -145 | -59 | -67 | -122 |
| 47 | -44 | 9 | 21 | 19 | -12 | -2 | 27 | 42 | -27 | |
| Free Cash Flow | 179 | 49 | 87 | 205 | 238 | 223 | 261 | 309 | 228 | 185 |
| OCF / Net Profit | 17.50 | 9.40 | 1.25 | 2.48 | 4.30 | 1.59 | 1.30 | 1.03 | 1.02 | 0.92 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 758 | 803 | 1,015 | 1,236 | 1,259 | 1,205 |
| OCF / Net Profit | 17.50 | 9.40 | 1.25 | 2.48 | 4.30 | 1.59 | 1.30 | 1.03 | 1.02 | 0.92 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 758 | 803 | 1,015 | 1,236 | 1,259 | 1,205 |
Mar 2017
- 188
- Cash from Investing
- -7
- Cash from Financing
- -134
- 47
- Free Cash Flow
- 179
- OCF / Net Profit
- 17.50
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 17.50
- Cumulative 5-Year FCF
- 0
Mar 2018
- 70
- Cash from Investing
- -51
- Cash from Financing
- -64
- -44
- Free Cash Flow
- 49
- OCF / Net Profit
- 9.40
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 9.40
- Cumulative 5-Year FCF
- 0
Mar 2019
- 87
- Cash from Investing
- 40
- Cash from Financing
- -118
- 9
- Free Cash Flow
- 87
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 0
Mar 2020
- 222
- Cash from Investing
- -25
- Cash from Financing
- -176
- 21
- Free Cash Flow
- 205
- OCF / Net Profit
- 2.48
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.48
- Cumulative 5-Year FCF
- 0
Mar 2021
- 248
- Cash from Investing
- -19
- Cash from Financing
- -210
- 19
- Free Cash Flow
- 238
- OCF / Net Profit
- 4.30
- Cumulative 5-Year FCF
- 758
- OCF / Net Profit
- 4.30
- Cumulative 5-Year FCF
- 758
Mar 2022
- 223
- Cash from Investing
- 15
- Cash from Financing
- -250
- -12
- Free Cash Flow
- 223
- OCF / Net Profit
- 1.59
- Cumulative 5-Year FCF
- 803
- OCF / Net Profit
- 1.59
- Cumulative 5-Year FCF
- 803
Mar 2023
- 309
- Cash from Investing
- -166
- Cash from Financing
- -145
- -2
- Free Cash Flow
- 261
- OCF / Net Profit
- 1.30
- Cumulative 5-Year FCF
- 1,015
- OCF / Net Profit
- 1.30
- Cumulative 5-Year FCF
- 1,015
Mar 2024
- 365
- Cash from Investing
- -279
- Cash from Financing
- -59
- 27
- Free Cash Flow
- 309
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- 1,236
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- 1,236
Mar 2025
- 425
- Cash from Investing
- -316
- Cash from Financing
- -67
- 42
- Free Cash Flow
- 228
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 1,259
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 1,259
Mar 2026
- 314
- Cash from Investing
- -220
- Cash from Financing
- -122
- -27
- Free Cash Flow
- 185
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- 1,205
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- 1,205
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.96 | 0.67 | 6.25 | 7.99 | 5.14 | 12.52 | 21.17 | 31.69 | 18.50 | 15.20 |
| Book Value (₹) | 63.27 | 63.18 | 68.45 | 76.13 | 81.93 | 93.60 | 114.00 | 142.96 | 89.07 | 102.76 |
| Dividend per Share (₹) | 0.50 | 0.20 | 0.20 | 0.00 | 0.40 | 1.40 | 2.00 | 3.00 | 2.00 | 2.00 |
| Cash EPS (₹) | 2.85 | 2.69 | 5.26 | 6.37 | 4.89 | 8.43 | 12.77 | 18.11 | 21.21 | 19.85 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 14.34% | 11.03% | 16.82% | 13.67% | 18.37% | 21.10% | 23.50% | 24.50% | 24.55% | 21.99% |
| Net Margin % | 0.84% | 0.63% | 5.72% | 8.24% | 5.52% | 11.59% | 15.53% | 18.35% | 18.64% | 14.42% |
| ROE % | 1.52% | 1.06% | 9.49% | 11.06% | 6.50% | 14.27% | 20.39% | 24.67% | 23.04% | 15.85% |
| ROCE % | 10.18% | 6.24% | 12.39% | 7.50% | 11.42% | 17.71% | 25.82% | 32.90% | 30.52% | 22.27% |
| 0.50% | 0.35% | 3.24% | 4.18% | 2.80% | 7.59% | 13.79% | 18.46% | 17.11% | 11.44% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 191 | 200 | 188 | 202 | 196 | 139 | 91 | 74 | 87 | 103 |
| Inventory Days | 95 | 90 | 90 | 105 | 97 | 77 | 64 | 48 | 39 | 42 |
| Payable Days | 347 | 307 | 273 | 334 | 355 | 222 | 119 | 81 | 83 | 92 |
| -61 | -17 | 5 | -27 | -62 | -6 | 36 | 41 | 42 | 53 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.82x | 0.83x | 0.71x | 0.49x | 0.31x | 0.10x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 1.49x | 1.07x | 2.20x | 1.25x | 2.35x | 5.48x | 22.77x | 53.35x | 41.28x | 19.08x |
| 1.00x | 1.08x | 1.24x | 1.22x | 1.35x | 1.64x | 2.59x | 3.05x | 3.16x | 2.94x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -6.16% | -1.77% | 3.78% | -11.13% | -4.04% | 16.04% | 26.22% | 26.66% | 14.94% | 6.25% |
| Operating Profit Growth % | -9.34% | -28.29% | 57.17% | -27.76% | 28.90% | 33.30% | 40.52% | 44.35% | 16.22% | 0.27% |
| Net Profit Growth % | -71.23% | -30.37% | 836.66% | 27.95% | -35.75% | 143.78% | 69.06% | 49.71% | 16.74% | -17.82% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 49.71% | -41.63% | -17.81% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 14.99x | 24.28x | 23.33x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.64x | 5.04x | 3.45x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 0.45% | 0.56% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 20.04x | 16.13x | 12.82x |
Mar 2017
- EPS (₹)
- 0.96
- Book Value (₹)
- 63.27
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 2.85
- Operating Margin %
- 14.34%
- Net Margin %
- 0.84%
- ROE %
- 1.52%
- ROCE %
- 10.18%
- 0.50%
- Debtor Days
- 191
- Inventory Days
- 95
- Payable Days
- 347
- -61
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 1.49x
- 1.00x
- Revenue Growth %
- -6.16%
- Operating Profit Growth %
- -9.34%
- Net Profit Growth %
- -71.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.67
- Book Value (₹)
- 63.18
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 2.69
- Operating Margin %
- 11.03%
- Net Margin %
- 0.63%
- ROE %
- 1.06%
- ROCE %
- 6.24%
- 0.35%
- Debtor Days
- 200
- Inventory Days
- 90
- Payable Days
- 307
- -17
- Debt to Equity (x)
- 0.83x
- Interest Coverage (x)
- 1.07x
- 1.08x
- Revenue Growth %
- -1.77%
- Operating Profit Growth %
- -28.29%
- Net Profit Growth %
- -30.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 6.25
- Book Value (₹)
- 68.45
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 5.26
- Operating Margin %
- 16.82%
- Net Margin %
- 5.72%
- ROE %
- 9.49%
- ROCE %
- 12.39%
- 3.24%
- Debtor Days
- 188
- Inventory Days
- 90
- Payable Days
- 273
- 5
- Debt to Equity (x)
- 0.71x
- Interest Coverage (x)
- 2.20x
- 1.24x
- Revenue Growth %
- 3.78%
- Operating Profit Growth %
- 57.17%
- Net Profit Growth %
- 836.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 7.99
- Book Value (₹)
- 76.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.37
- Operating Margin %
- 13.67%
- Net Margin %
- 8.24%
- ROE %
- 11.06%
- ROCE %
- 7.50%
- 4.18%
- Debtor Days
- 202
- Inventory Days
- 105
- Payable Days
- 334
- -27
- Debt to Equity (x)
- 0.49x
- Interest Coverage (x)
- 1.25x
- 1.22x
- Revenue Growth %
- -11.13%
- Operating Profit Growth %
- -27.76%
- Net Profit Growth %
- 27.95%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 5.14
- Book Value (₹)
- 81.93
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 4.89
- Operating Margin %
- 18.37%
- Net Margin %
- 5.52%
- ROE %
- 6.50%
- ROCE %
- 11.42%
- 2.80%
- Debtor Days
- 196
- Inventory Days
- 97
- Payable Days
- 355
- -62
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 2.35x
- 1.35x
- Revenue Growth %
- -4.04%
- Operating Profit Growth %
- 28.90%
- Net Profit Growth %
- -35.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 12.52
- Book Value (₹)
- 93.60
- Dividend per Share (₹)
- 1.40
- Cash EPS (₹)
- 8.43
- Operating Margin %
- 21.10%
- Net Margin %
- 11.59%
- ROE %
- 14.27%
- ROCE %
- 17.71%
- 7.59%
- Debtor Days
- 139
- Inventory Days
- 77
- Payable Days
- 222
- -6
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 5.48x
- 1.64x
- Revenue Growth %
- 16.04%
- Operating Profit Growth %
- 33.30%
- Net Profit Growth %
- 143.78%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 21.17
- Book Value (₹)
- 114.00
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 12.77
- Operating Margin %
- 23.50%
- Net Margin %
- 15.53%
- ROE %
- 20.39%
- ROCE %
- 25.82%
- 13.79%
- Debtor Days
- 91
- Inventory Days
- 64
- Payable Days
- 119
- 36
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 22.77x
- 2.59x
- Revenue Growth %
- 26.22%
- Operating Profit Growth %
- 40.52%
- Net Profit Growth %
- 69.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 31.69
- Book Value (₹)
- 142.96
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 18.11
- Operating Margin %
- 24.50%
- Net Margin %
- 18.35%
- ROE %
- 24.67%
- ROCE %
- 32.90%
- 18.46%
- Debtor Days
- 74
- Inventory Days
- 48
- Payable Days
- 81
- 41
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 53.35x
- 3.05x
- Revenue Growth %
- 26.66%
- Operating Profit Growth %
- 44.35%
- Net Profit Growth %
- 49.71%
- 49.71%
- P/E (x)
- 14.99x
- P/B (x)
- 6.64x
- Dividend Yield %
- 0.32%
- 20.04x
Mar 2025
- EPS (₹)
- 18.50
- Book Value (₹)
- 89.07
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 21.21
- Operating Margin %
- 24.55%
- Net Margin %
- 18.64%
- ROE %
- 23.04%
- ROCE %
- 30.52%
- 17.11%
- Debtor Days
- 87
- Inventory Days
- 39
- Payable Days
- 83
- 42
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 41.28x
- 3.16x
- Revenue Growth %
- 14.94%
- Operating Profit Growth %
- 16.22%
- Net Profit Growth %
- 16.74%
- -41.63%
- P/E (x)
- 24.28x
- P/B (x)
- 5.04x
- Dividend Yield %
- 0.45%
- 16.13x
Mar 2026
- EPS (₹)
- 15.20
- Book Value (₹)
- 102.76
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 19.85
- Operating Margin %
- 21.99%
- Net Margin %
- 14.42%
- ROE %
- 15.85%
- ROCE %
- 22.27%
- 11.44%
- Debtor Days
- 103
- Inventory Days
- 42
- Payable Days
- 92
- 53
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 19.08x
- 2.94x
- Revenue Growth %
- 6.25%
- Operating Profit Growth %
- 0.27%
- Net Profit Growth %
- -17.82%
- -17.81%
- P/E (x)
- 23.33x
- P/B (x)
- 3.45x
- Dividend Yield %
- 0.56%
- 12.82x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-05 - Elecon Engineering Company Limited has informed the Exchange about Copy of Newspaper Publication
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-03 - Elecon Engineering Company Limited has informed the Exchange about Schedule of meet
Annual Reports
Credit Ratings
- Credit Rating
2026-07-16 - Elecon Engineering Company Limited has informed the Exchange about Credit Rating
Concalls
Jul 2026
Apr 2026
Jan 2026