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Elecon Engineering Company Limited

Elecon Engineering Company Limited

NSE: ELECON
Specialty Industrial MachineryIndustrialsMID CAPMCap ₹10.78k Cr
₹480.35₹-12.70 (-2.58%)

Market Closed • NSE

Market cap₹10.78k Cr
Enterprise value₹10.45k Cr
P/E TTM44.03
Forward P/E22.24
P/B4.30
EPS TTM₹10.91
Forward EPS₹21.60
ROCE20.90%
ROE0.10%
ROA0.08%
D/E0.14
Dividend yield0.00%
Face value₹1.00
52W high₹579.00
52W low₹352.00
Price chart(1Y)
1Y Return:-10.52% (₹56.50)
H: ₹576L: ₹402.4
1W+17.49%
1M+15.86%
3M+6.82%
6M-6.32%
1Y-11.28%
Today at a glance

Day range

₹475.90₹509.60

52 week range

₹352.00₹579.00
Volume2.26M0.57x 20D avg
Free float50.00%-43.20% volume

Elecon Engineering Company Limited closed at INR480.35 (-2.58%) on volume 0.57x its 20-day average, trading 17.04% below its 52-week high.

Technical analysis
RSI (14)60.2Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹23.36High
SMA 20₹448.93BULLISH
SMA 50₹436.57BULLISH
SMA 100₹466.15BULLISH
SMA 200₹454.34BULLISH
CPR bottom₹481.93
Pivot₹485.63
CPR top₹489.34
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +1066.7% QoQ

2026-06-12

DIVIDEND Announced

Dividend - Rs 1.5 Per Share

2025-10-16

DIVIDEND Announced

Interim Dividend - Re 0.50 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹272.6 Cr₹10.78k Cr2.53%≤ 33%PASS
Non-halal income ratio₹50.1 Cr₹2.34k Cr2.14%≤ 5%PASS
Illiquid assets ratio₹3.06k Cr₹3.23k Cr94.77%≥ 20%PASS
Receivables ratio–₹3.23k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E44.0328.10
Forward P/E22.24—
P/B4.303.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield2.303.60
Growth & profitability
RevenuePAT
FY25PAT margin 18.60%
FY26PAT margin 14.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+1.60%
Revenue CAGR 5Y+1.20%
PAT CAGR 3Y-6.30%
PAT CAGR 5Y-3.80%
Operating margin20.51%
Net margin9.97%
Financial health & cash flow
Net debt₹103.4 CrModerate
Interest coverage18.70xEBIT / interest
CFO / PAT0.92x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹314.2 Cr
Capital expenditure–
Free cash flow₹194.7 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall75/100
Valuation50/100
Profitability80/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 20.9%

Low Debt Profile: Debt-to-Equity is comfortable at 0.14x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Specialty Industrial Machinery.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
12.80%Institutional holding
27.89%Public holding
5Periods available
0.00%Promoter pledged
1.23LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
12 Jun 2026Dividend₹1.50 / share—12 Jun 2026
16 Oct 2025Dividend₹0.50 / share—16 Oct 2025
13 Jun 2025Dividend₹1.50 / share—13 Jun 2025
28 Oct 2024Dividend₹0.50 / share—28 Oct 2024
19 Jul 2024Dividend₹2.00 / share—19 Jul 2024
—Dividend₹2.00 / share—14 Jun 2024
31 Oct 2023Dividend₹1.00 / share—31 Oct 2023
—Dividend₹2.00 / share—09 Jun 2023
—Dividend₹0.40 / share—09 Jun 2022
—Dividend₹0.40 / share—22 Jul 2021
—Annual General MeetingAnnual General Meeting—16 Sept 2020
—Dividend₹0.20 / share—06 Sept 2019
—Dividend₹0.20 / share—18 Sept 2018
—Dividend₹0.50 / share—26 Jul 2017
—Dividend₹1.10 / share—18 Jul 2016
—Dividend₹1.10 / share—06 Aug 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)29.57%-12.00% latest vs average
Highest delivery58.91%on 12 Oct
Average volume (20D)3.98MTrading-session average
Conviction trendWeakening-12.00% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About Elecon Engineering Company Limited
Elecon Engineering Company Limited

Elecon Engineering Company Ltd., incorporated in 1960. Company manufactures and sells power transmission and material handling equipment in India and internationally. In addition, it engages in the steel and non-ferrous foundry business. [1]

IndiaIndustrials

Questions investors ask
Is Elecon Engineering Company Limited Shariah compliant?

Elecon Engineering Company Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (2.53%) complies with AAOIFI threshold (≤ 33%).

What is Elecon Engineering Company Limited's current valuation relative to peers?

Elecon Engineering Company Limited trades at a P/E of 44.0x compared to the sector median of 28.1x, and a Price-to-Book of 4.3x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.14x. Interest coverage is 18.7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 1.2% while net profit growth averaged -3.8%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.