Elecon Engineering Company Ltd.
•₹ 451.55-0.03%
2026-08-21
PROS
- Company has delivered good profit growth of 67.4% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 32.6%
- Company has a good return on equity (ROE) track record: 3 Years ROE 24.5%
- Company has delivered good sales growth of 20.4% CAGR over last 5 years
CONS
- Recent results are weak - TTM profit is down 60.5% versus prior year
- Growth is decelerating - 3Y profit CAGR (36.3%) trails the 5Y trend (67.4%)
- Though reporting repeated profits, the company pays out little dividend (9.4%)
* 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
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 324 | 407 | 383 | 485 | 293 | 419 | 446 | 713 | 410 | 496 | 454 | 656 | 398 | |
| 238 | 299 | 282 | 368 | 221 | 328 | 320 | 539 | 288 | 383 | 359 | 511 | 339 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 6 | 11 | 13 | 10 | 13 | 11 | 13 | 16 | 25 | 18 | 17 | 15 | 20 |
| Interest | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 4 | 6 | 5 | 6 | 6 | 8 |
| Depreciation | 10 | 11 | 10 | 10 | 10 | 11 | 13 | 17 | 22 | 22 | 24 | 24 | 26 |
| 81 | 106 | 102 | 116 | 74 | 89 | 124 | 169 | 269 | 104 | 82 | 130 | 79 | |
| Tax % | 25.07% | 25.54% | 25.41% | 25.34% | 25.41% | 24.87% | 25.73% | 25.71% | 11.29% | 23.96% | 24.93% | 25.22% | 25.57% |
| Net Profit | 61 | 79 | 76 | 87 | 55 | 67 | 92 | 125 | 239 | 79 | 62 | 97 | 59 |
| 5 | 4 | 3 | 4 | 2 | 3 | 4 | 6 | 11 | 4 | 3 | 4 | 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
- 324
- 238
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 2
- Depreciation
- 10
- 81
- Tax %
- 25.07%
- Net Profit
- 61
- 5
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 407
- 299
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 2
- Depreciation
- 11
- 106
- Tax %
- 25.54%
- Net Profit
- 79
- 4
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 383
- 282
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 1
- Depreciation
- 10
- 102
- Tax %
- 25.41%
- Net Profit
- 76
- 3
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 485
- 368
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 1
- Depreciation
- 10
- 116
- Tax %
- 25.34%
- Net Profit
- 87
- 4
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 293
- 221
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 1
- Depreciation
- 10
- 74
- Tax %
- 25.41%
- Net Profit
- 55
- 2
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 419
- 328
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 1
- Depreciation
- 11
- 89
- Tax %
- 24.87%
- Net Profit
- 67
- 3
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 446
- 320
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 3
- Depreciation
- 13
- 124
- Tax %
- 25.73%
- Net Profit
- 92
- 4
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 713
- 539
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 4
- Depreciation
- 17
- 169
- Tax %
- 25.71%
- Net Profit
- 125
- 6
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 410
- 288
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 6
- Depreciation
- 22
- 269
- Tax %
- 11.29%
- Net Profit
- 239
- 11
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 496
- 383
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 5
- Depreciation
- 22
- 104
- Tax %
- 23.96%
- Net Profit
- 79
- 4
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 454
- 359
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 6
- Depreciation
- 24
- 82
- Tax %
- 24.93%
- Net Profit
- 62
- 3
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 656
- 511
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 6
- Depreciation
- 24
- 130
- Tax %
- 25.22%
- Net Profit
- 97
- 4
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 398
- 339
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 8
- Depreciation
- 26
- 79
- Tax %
- 25.57%
- Net Profit
- 59
- 0
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 22
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 923 | 911 | 955 | 836 | 796 | 893 | 1,197 | 1,600 | 1,871 | 2,016 | 2,004 | |
| 757 | 801 | 874 | 758 | 725 | 715 | 922 | 1,186 | 1,404 | 1,544 | 1,592 | |
| Operating Profit | 174 | 121 | 136 | 115 | 155 | 195 | 298 | 454 | 517 | 551 | — |
| OPM % | 19 | 13 | 14 | 14 | 20 | 22 | 25 | 28 | 28 | 27 | — |
| Other Income | 8 | 11 | 55 | 38 | 85 | 17 | 22 | 40 | 49 | 79 | 70 |
| Interest | 73 | 68 | 65 | 70 | 55 | 33 | 12 | 6 | 10 | 24 | 26 |
| Depreciation | 48 | 48 | 44 | 44 | 42 | 38 | 39 | 41 | 51 | 91 | 96 |
| 52 | 5 | 28 | 1 | 58 | 124 | 246 | 406 | 456 | 585 | 395 | |
| Tax % | 60 | -59 | 57 | -5,567 | 38 | 23 | 24 | 25 | 25 | 19 | 25 |
| Net Profit | 21 | 8 | 12 | 72 | 36 | 96 | 188 | 303 | 340 | 477 | 296 |
| EPS | 2 | 1 | 1 | 6 | 3 | 9 | 17 | 27 | 15 | 21 | — |
| Dividend Payout % | 27 | 28 | 19 | 0 | 12 | 16 | 12 | 11 | 13 | 9 | — |
| 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 | 1 | 0 | 1 | 3 | 2 | 4 | 8 | 14 | 15 | 21 | — |
| 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 | 1 | 0 | 1 | 3 | 2 | 4 | 8 | 14 | 15 | 21 | — |
Mar 2017
- 923
- 757
- Operating Profit
- 174
- OPM %
- 19
- Other Income
- 8
- Interest
- 73
- Depreciation
- 48
- 52
- Tax %
- 60
- Net Profit
- 21
- EPS
- 2
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 911
- 801
- Operating Profit
- 121
- OPM %
- 13
- Other Income
- 11
- Interest
- 68
- Depreciation
- 48
- 5
- Tax %
- -59
- Net Profit
- 8
- EPS
- 1
- Dividend Payout %
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 955
- 874
- Operating Profit
- 136
- OPM %
- 14
- Other Income
- 55
- Interest
- 65
- Depreciation
- 44
- 28
- Tax %
- 57
- Net Profit
- 12
- EPS
- 1
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 836
- 758
- Operating Profit
- 115
- OPM %
- 14
- Other Income
- 38
- Interest
- 70
- Depreciation
- 44
- 1
- Tax %
- -5,567
- Net Profit
- 72
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2021
- 796
- 725
- Operating Profit
- 155
- OPM %
- 20
- Other Income
- 85
- Interest
- 55
- Depreciation
- 42
- 58
- Tax %
- 38
- Net Profit
- 36
- EPS
- 3
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2022
- 893
- 715
- Operating Profit
- 195
- OPM %
- 22
- Other Income
- 17
- Interest
- 33
- Depreciation
- 38
- 124
- Tax %
- 23
- Net Profit
- 96
- EPS
- 9
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2023
- 1,197
- 922
- Operating Profit
- 298
- OPM %
- 25
- Other Income
- 22
- Interest
- 12
- Depreciation
- 39
- 246
- Tax %
- 24
- Net Profit
- 188
- EPS
- 17
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2024
- 1,600
- 1,186
- Operating Profit
- 454
- OPM %
- 28
- Other Income
- 40
- Interest
- 6
- Depreciation
- 41
- 406
- Tax %
- 25
- Net Profit
- 303
- EPS
- 27
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2025
- 1,871
- 1,404
- Operating Profit
- 517
- OPM %
- 28
- Other Income
- 49
- Interest
- 10
- Depreciation
- 51
- 456
- Tax %
- 25
- Net Profit
- 340
- 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
Mar 2026
- 2,016
- 1,544
- Operating Profit
- 551
- OPM %
- 27
- Other Income
- 79
- Interest
- 24
- Depreciation
- 91
- 585
- Tax %
- 19
- Net Profit
- 477
- EPS
- 21
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
TTM
- 2,004
- 1,592
- Operating Profit
- —
- OPM %
- —
- Other Income
- 70
- Interest
- 26
- Depreciation
- 96
- 395
- Tax %
- 25
- Net Profit
- 296
- 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:
- 7%
- 5 Years:
- 20%
- 3 Years:
- 19%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 29%
- 5 Years:
- 67%
- 3 Years:
- 36%
STOCK PRICE CAGR
- 10 Years:
- 32%
- 5 Years:
- 41%
- 3 Years:
- 2%
- 1 Year:
- -20%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 21%
- 3 Years:
- 24%
- Last Year:
- 26%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 707 | 708 | 718 | 760 | 797 | 885 | 1,057 | 1,325 | 1,631 | 2,026 | |
| 331 | 313 | 234 | 204 | 90 | 74 | 0 | 0 | 3 | 0 | |
| Trade Payables | 360 | 370 | 342 | 458 | 362 | 214 | 152 | 155 | 231 | 235 |
| 438 | 542 | 631 | 392 | 431 | 239 | 184 | 257 | 409 | 578 | |
| Total Liabilities | 1,859 | 1,955 | 1,947 | 1,836 | 1,702 | 1,435 | 1,416 | 1,760 | 2,297 | 2,861 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 756 | 713 | 677 | 628 | 588 | 563 | 580 | 598 | 737 | 850 | |
| Capital Work in Progress | 1 | 1 | 5 | 0 | 0 | 0 | 0 | 1 | 7 | 23 |
| 128 | 160 | 160 | 119 | 119 | 119 | 138 | 342 | 544 | 854 | |
| 232 | 201 | 239 | 228 | 176 | 180 | 176 | 154 | 166 | 201 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 407 | 575 | 665 | |
| Cash & Bank | 6 | 33 | 8 | 25 | 51 | 39 | 136 | 116 | 164 | 103 |
| 736 | 846 | 858 | 836 | 768 | 535 | 386 | 142 | 105 | 165 | |
| Total Assets | 1,859 | 1,955 | 1,947 | 1,836 | 1,702 | 1,435 | 1,416 | 1,760 | 2,297 | 2,861 |
| Total Debt | 461 | 497 | 474 | 354 | 225 | 100 | 0 | 0 | 3 | 0 |
| Net Working Capital | -43 | 27 | 152 | 136 | 210 | 219 | 382 | 621 | 896 | 1,086 |
| Contingent Liabilities | 489 | 486 | 492 | 498 | 522 | 171 | 131 | 127 | 107 | 107 |
| Book Value per Share | 65.00 | 65.13 | 65.95 | 69.72 | 73.03 | 80.89 | 96.20 | 120.10 | 73.68 | 91.30 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Total Debt | 461 | 497 | 474 | 354 | 225 | 100 | 0 | 0 | 3 | 0 |
| Net Working Capital | -43 | 27 | 152 | 136 | 210 | 219 | 382 | 621 | 896 | 1,086 |
| Contingent Liabilities | 489 | 486 | 492 | 498 | 522 | 171 | 131 | 127 | 107 | 107 |
| Book Value per Share | 65.00 | 65.13 | 65.95 | 69.72 | 73.03 | 80.89 | 96.20 | 120.10 | 73.68 | 91.30 |
| 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
- 707
- 331
- Trade Payables
- 360
- 438
- Total Liabilities
- 1,859
- 756
- Capital Work in Progress
- 1
- 128
- 232
- 0
- Cash & Bank
- 6
- 736
- Total Assets
- 1,859
- Total Debt
- 461
- Net Working Capital
- -43
- Contingent Liabilities
- 489
- Book Value per Share
- 65.00
- Face Value
- 2.00
- Total Debt
- 461
- Net Working Capital
- -43
- Contingent Liabilities
- 489
- Book Value per Share
- 65.00
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 22
- 708
- 313
- Trade Payables
- 370
- 542
- Total Liabilities
- 1,955
- 713
- Capital Work in Progress
- 1
- 160
- 201
- 0
- Cash & Bank
- 33
- 846
- Total Assets
- 1,955
- Total Debt
- 497
- Net Working Capital
- 27
- Contingent Liabilities
- 486
- Book Value per Share
- 65.13
- Face Value
- 2.00
- Total Debt
- 497
- Net Working Capital
- 27
- Contingent Liabilities
- 486
- Book Value per Share
- 65.13
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 22
- 718
- 234
- Trade Payables
- 342
- 631
- Total Liabilities
- 1,947
- 677
- Capital Work in Progress
- 5
- 160
- 239
- 0
- Cash & Bank
- 8
- 858
- Total Assets
- 1,947
- Total Debt
- 474
- Net Working Capital
- 152
- Contingent Liabilities
- 492
- Book Value per Share
- 65.95
- Face Value
- 2.00
- Total Debt
- 474
- Net Working Capital
- 152
- Contingent Liabilities
- 492
- Book Value per Share
- 65.95
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 22
- 760
- 204
- Trade Payables
- 458
- 392
- Total Liabilities
- 1,836
- 628
- Capital Work in Progress
- 0
- 119
- 228
- 0
- Cash & Bank
- 25
- 836
- Total Assets
- 1,836
- Total Debt
- 354
- Net Working Capital
- 136
- Contingent Liabilities
- 498
- Book Value per Share
- 69.72
- Face Value
- 2.00
- Total Debt
- 354
- Net Working Capital
- 136
- Contingent Liabilities
- 498
- Book Value per Share
- 69.72
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 22
- 797
- 90
- Trade Payables
- 362
- 431
- Total Liabilities
- 1,702
- 588
- Capital Work in Progress
- 0
- 119
- 176
- 0
- Cash & Bank
- 51
- 768
- Total Assets
- 1,702
- Total Debt
- 225
- Net Working Capital
- 210
- Contingent Liabilities
- 522
- Book Value per Share
- 73.03
- Face Value
- 2.00
- Total Debt
- 225
- Net Working Capital
- 210
- Contingent Liabilities
- 522
- Book Value per Share
- 73.03
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 22
- 885
- 74
- Trade Payables
- 214
- 239
- Total Liabilities
- 1,435
- 563
- Capital Work in Progress
- 0
- 119
- 180
- 0
- Cash & Bank
- 39
- 535
- Total Assets
- 1,435
- Total Debt
- 100
- Net Working Capital
- 219
- Contingent Liabilities
- 171
- Book Value per Share
- 80.89
- Face Value
- 2.00
- Total Debt
- 100
- Net Working Capital
- 219
- Contingent Liabilities
- 171
- Book Value per Share
- 80.89
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 22
- 1,057
- 0
- Trade Payables
- 152
- 184
- Total Liabilities
- 1,416
- 580
- Capital Work in Progress
- 0
- 138
- 176
- 0
- Cash & Bank
- 136
- 386
- Total Assets
- 1,416
- Total Debt
- 0
- Net Working Capital
- 382
- Contingent Liabilities
- 131
- Book Value per Share
- 96.20
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 382
- Contingent Liabilities
- 131
- Book Value per Share
- 96.20
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 22
- 1,325
- 0
- Trade Payables
- 155
- 257
- Total Liabilities
- 1,760
- 598
- Capital Work in Progress
- 1
- 342
- 154
- 407
- Cash & Bank
- 116
- 142
- Total Assets
- 1,760
- Total Debt
- 0
- Net Working Capital
- 621
- Contingent Liabilities
- 127
- Book Value per Share
- 120.10
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 621
- Contingent Liabilities
- 127
- Book Value per Share
- 120.10
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 22
- 1,631
- 3
- Trade Payables
- 231
- 409
- Total Liabilities
- 2,297
- 737
- Capital Work in Progress
- 7
- 544
- 166
- 575
- Cash & Bank
- 164
- 105
- Total Assets
- 2,297
- Total Debt
- 3
- Net Working Capital
- 896
- Contingent Liabilities
- 107
- Book Value per Share
- 73.68
- Face Value
- 1.00
- Total Debt
- 3
- Net Working Capital
- 896
- Contingent Liabilities
- 107
- Book Value per Share
- 73.68
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 22
- 2,026
- 0
- Trade Payables
- 235
- 578
- Total Liabilities
- 2,861
- 850
- Capital Work in Progress
- 23
- 854
- 201
- 665
- Cash & Bank
- 103
- 165
- Total Assets
- 2,861
- Total Debt
- 0
- Net Working Capital
- 1,086
- Contingent Liabilities
- 107
- Book Value per Share
- 91.30
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 1,086
- Contingent Liabilities
- 107
- Book Value per Share
- 91.30
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 196 | 106 | 71 | 170 | 219 | 178 | 294 | 227 | 279 | 281 | |
| Cash from Investing | -26 | -65 | 14 | -13 | -16 | -4 | -144 | -177 | -159 | -173 |
| Cash from Financing | -185 | -38 | -89 | -156 | -193 | -175 | -140 | -47 | -55 | -111 |
| -15 | 4 | -5 | 2 | 11 | -2 | 10 | 3 | 65 | -3 | |
| Free Cash Flow | 188 | 102 | 60 | 170 | 219 | 178 | 257 | 172 | 89 | 75 |
| OCF / Net Profit | 9.32 | 13.12 | 5.88 | 2.35 | 6.05 | 1.86 | 1.56 | 0.75 | 0.82 | 0.59 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 740 | 730 | 885 | 997 | 915 | 771 |
| OCF / Net Profit | 9.32 | 13.12 | 5.88 | 2.35 | 6.05 | 1.86 | 1.56 | 0.75 | 0.82 | 0.59 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 740 | 730 | 885 | 997 | 915 | 771 |
Mar 2017
- 196
- Cash from Investing
- -26
- Cash from Financing
- -185
- -15
- Free Cash Flow
- 188
- OCF / Net Profit
- 9.32
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 9.32
- Cumulative 5-Year FCF
- 0
Mar 2018
- 106
- Cash from Investing
- -65
- Cash from Financing
- -38
- 4
- Free Cash Flow
- 102
- OCF / Net Profit
- 13.12
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 13.12
- Cumulative 5-Year FCF
- 0
Mar 2019
- 71
- Cash from Investing
- 14
- Cash from Financing
- -89
- -5
- Free Cash Flow
- 60
- OCF / Net Profit
- 5.88
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.88
- Cumulative 5-Year FCF
- 0
Mar 2020
- 170
- Cash from Investing
- -13
- Cash from Financing
- -156
- 2
- Free Cash Flow
- 170
- OCF / Net Profit
- 2.35
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.35
- Cumulative 5-Year FCF
- 0
Mar 2021
- 219
- Cash from Investing
- -16
- Cash from Financing
- -193
- 11
- Free Cash Flow
- 219
- OCF / Net Profit
- 6.05
- Cumulative 5-Year FCF
- 740
- OCF / Net Profit
- 6.05
- Cumulative 5-Year FCF
- 740
Mar 2022
- 178
- Cash from Investing
- -4
- Cash from Financing
- -175
- -2
- Free Cash Flow
- 178
- OCF / Net Profit
- 1.86
- Cumulative 5-Year FCF
- 730
- OCF / Net Profit
- 1.86
- Cumulative 5-Year FCF
- 730
Mar 2023
- 294
- Cash from Investing
- -144
- Cash from Financing
- -140
- 10
- Free Cash Flow
- 257
- OCF / Net Profit
- 1.56
- Cumulative 5-Year FCF
- 885
- OCF / Net Profit
- 1.56
- Cumulative 5-Year FCF
- 885
Mar 2024
- 227
- Cash from Investing
- -177
- Cash from Financing
- -47
- 3
- Free Cash Flow
- 172
- OCF / Net Profit
- 0.75
- Cumulative 5-Year FCF
- 997
- OCF / Net Profit
- 0.75
- Cumulative 5-Year FCF
- 997
Mar 2025
- 279
- Cash from Investing
- -159
- Cash from Financing
- -55
- 65
- Free Cash Flow
- 89
- OCF / Net Profit
- 0.82
- Cumulative 5-Year FCF
- 915
- OCF / Net Profit
- 0.82
- Cumulative 5-Year FCF
- 915
Mar 2026
- 281
- Cash from Investing
- -173
- Cash from Financing
- -111
- -3
- Free Cash Flow
- 75
- OCF / Net Profit
- 0.59
- Cumulative 5-Year FCF
- 771
- OCF / Net Profit
- 0.59
- Cumulative 5-Year FCF
- 771
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 1.88 | 0.72 | 1.08 | 6.45 | 3.23 | 8.51 | 16.77 | 27.02 | 15.15 | 21.24 |
| Book Value (₹) | 65.00 | 65.13 | 65.95 | 69.72 | 73.03 | 80.89 | 96.20 | 120.10 | 73.68 | 91.30 |
| 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 (₹) | 3.08 | 2.50 | 2.48 | 5.17 | 3.50 | 5.96 | 10.14 | 15.35 | 17.41 | 25.31 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 17.45% | 13.14% | 14.27% | 13.79% | 19.52% | 21.79% | 24.85% | 25.87% | 24.98% | 23.41% |
| Net Margin % | 2.11% | 0.88% | 1.26% | 8.67% | 4.56% | 10.70% | 15.72% | 18.95% | 18.17% | 23.65% |
| ROE % | 2.90% | 1.11% | 1.64% | 9.51% | 4.53% | 11.06% | 18.94% | 24.98% | 22.66% | 25.75% |
| ROCE % | 10.13% | 6.02% | 7.59% | 6.09% | 10.37% | 15.23% | 24.75% | 33.98% | 31.04% | 32.86% |
| 1.10% | 0.42% | 0.62% | 3.83% | 2.05% | 6.09% | 13.20% | 19.10% | 16.77% | 18.48% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 228 | 240 | 223 | 241 | 235 | 173 | 103 | 81 | 96 | 112 |
| Inventory Days | 91 | 86 | 84 | 102 | 93 | 73 | 54 | 38 | 31 | 33 |
| Payable Days | 366 | 332 | 306 | 386 | 412 | 252 | 122 | 79 | 79 | 87 |
| -47 | -6 | 1 | -42 | -84 | -6 | 36 | 40 | 48 | 58 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.63x | 0.68x | 0.64x | 0.45x | 0.28x | 0.11x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 1.72x | 1.08x | 1.43x | 1.02x | 2.06x | 4.78x | 21.96x | 66.61x | 45.61x | 25.83x |
| 0.96x | 1.03x | 1.17x | 1.15x | 1.29x | 1.47x | 2.39x | 2.92x | 2.90x | 2.91x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -5.74% | -1.31% | 4.85% | -12.53% | -4.74% | 12.15% | 34.07% | 33.64% | 16.97% | 7.75% |
| Operating Profit Growth % | -4.34% | -30.50% | 12.79% | -15.46% | 34.86% | 25.19% | 52.93% | 52.46% | 13.93% | 6.55% |
| Net Profit Growth % | -42.31% | -61.62% | 49.35% | 499.85% | -49.92% | 163.39% | 96.98% | 61.13% | 12.16% | 40.19% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 61.13% | -43.92% | 40.19% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 17.58x | 29.64x | 16.70x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.91x | 6.10x | 3.89x |
| 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 | 23.24x | 19.19x | 14.27x |
Mar 2017
- EPS (₹)
- 1.88
- Book Value (₹)
- 65.00
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 3.08
- Operating Margin %
- 17.45%
- Net Margin %
- 2.11%
- ROE %
- 2.90%
- ROCE %
- 10.13%
- 1.10%
- Debtor Days
- 228
- Inventory Days
- 91
- Payable Days
- 366
- -47
- Debt to Equity (x)
- 0.63x
- Interest Coverage (x)
- 1.72x
- 0.96x
- Revenue Growth %
- -5.74%
- Operating Profit Growth %
- -4.34%
- Net Profit Growth %
- -42.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.72
- Book Value (₹)
- 65.13
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 2.50
- Operating Margin %
- 13.14%
- Net Margin %
- 0.88%
- ROE %
- 1.11%
- ROCE %
- 6.02%
- 0.42%
- Debtor Days
- 240
- Inventory Days
- 86
- Payable Days
- 332
- -6
- Debt to Equity (x)
- 0.68x
- Interest Coverage (x)
- 1.08x
- 1.03x
- Revenue Growth %
- -1.31%
- Operating Profit Growth %
- -30.50%
- Net Profit Growth %
- -61.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.08
- Book Value (₹)
- 65.95
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 2.48
- Operating Margin %
- 14.27%
- Net Margin %
- 1.26%
- ROE %
- 1.64%
- ROCE %
- 7.59%
- 0.62%
- Debtor Days
- 223
- Inventory Days
- 84
- Payable Days
- 306
- 1
- Debt to Equity (x)
- 0.64x
- Interest Coverage (x)
- 1.43x
- 1.17x
- Revenue Growth %
- 4.85%
- Operating Profit Growth %
- 12.79%
- Net Profit Growth %
- 49.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 6.45
- Book Value (₹)
- 69.72
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.17
- Operating Margin %
- 13.79%
- Net Margin %
- 8.67%
- ROE %
- 9.51%
- ROCE %
- 6.09%
- 3.83%
- Debtor Days
- 241
- Inventory Days
- 102
- Payable Days
- 386
- -42
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 1.02x
- 1.15x
- Revenue Growth %
- -12.53%
- Operating Profit Growth %
- -15.46%
- Net Profit Growth %
- 499.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 3.23
- Book Value (₹)
- 73.03
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 3.50
- Operating Margin %
- 19.52%
- Net Margin %
- 4.56%
- ROE %
- 4.53%
- ROCE %
- 10.37%
- 2.05%
- Debtor Days
- 235
- Inventory Days
- 93
- Payable Days
- 412
- -84
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 2.06x
- 1.29x
- Revenue Growth %
- -4.74%
- Operating Profit Growth %
- 34.86%
- Net Profit Growth %
- -49.92%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 8.51
- Book Value (₹)
- 80.89
- Dividend per Share (₹)
- 1.40
- Cash EPS (₹)
- 5.96
- Operating Margin %
- 21.79%
- Net Margin %
- 10.70%
- ROE %
- 11.06%
- ROCE %
- 15.23%
- 6.09%
- Debtor Days
- 173
- Inventory Days
- 73
- Payable Days
- 252
- -6
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 4.78x
- 1.47x
- Revenue Growth %
- 12.15%
- Operating Profit Growth %
- 25.19%
- Net Profit Growth %
- 163.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 16.77
- Book Value (₹)
- 96.20
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 10.14
- Operating Margin %
- 24.85%
- Net Margin %
- 15.72%
- ROE %
- 18.94%
- ROCE %
- 24.75%
- 13.20%
- Debtor Days
- 103
- Inventory Days
- 54
- Payable Days
- 122
- 36
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 21.96x
- 2.39x
- Revenue Growth %
- 34.07%
- Operating Profit Growth %
- 52.93%
- Net Profit Growth %
- 96.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 27.02
- Book Value (₹)
- 120.10
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 15.35
- Operating Margin %
- 25.87%
- Net Margin %
- 18.95%
- ROE %
- 24.98%
- ROCE %
- 33.98%
- 19.10%
- Debtor Days
- 81
- Inventory Days
- 38
- Payable Days
- 79
- 40
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 66.61x
- 2.92x
- Revenue Growth %
- 33.64%
- Operating Profit Growth %
- 52.46%
- Net Profit Growth %
- 61.13%
- 61.13%
- P/E (x)
- 17.58x
- P/B (x)
- 7.91x
- Dividend Yield %
- 0.32%
- 23.24x
Mar 2025
- EPS (₹)
- 15.15
- Book Value (₹)
- 73.68
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 17.41
- Operating Margin %
- 24.98%
- Net Margin %
- 18.17%
- ROE %
- 22.66%
- ROCE %
- 31.04%
- 16.77%
- Debtor Days
- 96
- Inventory Days
- 31
- Payable Days
- 79
- 48
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 45.61x
- 2.90x
- Revenue Growth %
- 16.97%
- Operating Profit Growth %
- 13.93%
- Net Profit Growth %
- 12.16%
- -43.92%
- P/E (x)
- 29.64x
- P/B (x)
- 6.10x
- Dividend Yield %
- 0.45%
- 19.19x
Mar 2026
- EPS (₹)
- 21.24
- Book Value (₹)
- 91.30
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 25.31
- Operating Margin %
- 23.41%
- Net Margin %
- 23.65%
- ROE %
- 25.75%
- ROCE %
- 32.86%
- 18.48%
- Debtor Days
- 112
- Inventory Days
- 33
- Payable Days
- 87
- 58
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 25.83x
- 2.91x
- Revenue Growth %
- 7.75%
- Operating Profit Growth %
- 6.55%
- Net Profit Growth %
- 40.19%
- 40.19%
- P/E (x)
- 16.70x
- P/B (x)
- 3.89x
- Dividend Yield %
- 0.56%
- 14.27x
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