ELECON
Elecon Engineering Company Limited (ELECON) Stock Analysis
Elecon Engineering Company Limited is an Indian manufacturer of industrial gearboxes and material-handling equipment. It supplies power transmission and bulk-handling solutions to cement, steel, mining, and port customers. The company exports and serves domestic heavy-industry clients. It is listed on Indian stock exchanges.
Industrials › Specialty Industrial Machinery
₹416.40
-5.36% 1W | -25.10% 52W
Market Cap
9.3k CR
P/E Ratio
39.5
52W High
₹608.9
52W Low
₹352
Div. Yield
0.48%
Beta
0.5
50 DMA
₹434.1
200 DMA
₹451.6
Profit Margin
9.9%
Inst. Own.
11.4%
⚡ APPROACHING SUPPORT
⚡ APPROACHING SUPPORT
Fundamentals
Profit & Loss
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 414 | 485 | 474 | 565 | 392 | 508 | 529 | 798 | 491 | 578 | 552 | 746 | 521 |
| Expenses | 314 | 366 | 353 | 429 | 300 | 396 | 386 | 602 | 360 | 452 | 443 | 588 | 411 |
| Operating Profit | 100 | 119 | 120 | 135 | 92 | 112 | 143 | 195 | 130 | 126 | 109 | 158 | 109 |
| OPM % | 24% | 24% | 25% | 24% | 24% | 22% | 27% | 24% | 27% | 22% | 20% | 21% | 21% |
| Other Income | 9 | 14 | 11 | 16 | 17 | 14 | 17 | 21 | 108 | 18 | 19 | -84 | 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 |
| Profit before tax | 94 | 117 | 117 | 136 | 94 | 111 | 140 | 192 | 207 | 113 | 94 | 40 | 93 |
| Tax % | 23% | 24% | 23% | 24% | 22% | 21% | 23% | 24% | 15% | 22% | 23% | 85% | 24% |
| Net Profit | 73 | 89 | 90 | 104 | 73 | 88 | 108 | 146 | 175 | 88 | 72 | 6 | 70 |
| EPS in Rs | 3.25 | 3.95 | 4.03 | 4.62 | 3.27 | 3.91 | 4.79 | 6.53 | 7.82 | 3.91 | 3.21 | 0.27 | 3.14 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,329 | 1,280 | 1,202 | 1,180 | 1,225 | 1,088 | 1,044 | 1,212 | 1,530 | 1,937 | 2,227 | 2,366 | 2,396 |
| Expenses | 1,153 | 1,105 | 1,027 | 1,055 | 1,084 | 947 | 858 | 960 | 1,189 | 1,463 | 1,679 | 1,843 | 1,894 |
| Operating Profit | 176 | 176 | 175 | 126 | 140 | 142 | 186 | 252 | 341 | 475 | 548 | 523 | 502 |
| OPM % | 13% | 14% | 15% | 11% | 11% | 13% | 18% | 21% | 22% | 24% | 25% | 22% | 21% |
| Other Income | 17 | 29 | 12 | 8 | 69 | 9 | 8 | 5 | 22 | 50 | 63 | 60 | -25 |
| Interest | 87 | 83 | 90 | 75 | 74 | 78 | 60 | 38 | 14 | 9 | 13 | 25 | 27 |
| Depreciation | 72 | 62 | 53 | 53 | 48 | 53 | 52 | 49 | 49 | 51 | 61 | 104 | 109 |
| Profit before tax | 34 | 60 | 44 | 6 | 88 | 20 | 81 | 171 | 300 | 465 | 537 | 454 | 341 |
| Tax % | 49% | 37% | 75% | -33% | 21% | -360% | 29% | 18% | 21% | 24% | 23% | 25% | |
| Net Profit | 17 | 37 | 11 | 7 | 70 | 90 | 58 | 140 | 238 | 356 | 415 | 341 | 236 |
| EPS in Rs | 0.75 | 1.72 | 0.48 | 0.33 | 3.12 | 4.00 | 2.57 | 6.26 | 10.58 | 15.85 | 18.50 | 15.20 | 10.53 |
| Dividend Payout % | 73% | 32% | 52% | 30% | 3% | 0% | 8% | 11% | 9% | 9% | 11% | 13% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 16.0% | 18.0% | 6.0% |
| Profit CAGR | 14.0% | 44.0% | 29.0% |
Shareholding Pattern
Promoters59.28%
FIIs9.61%
DIIs3.80%
Public27.28%
Promoters59.28%
FIIs8.31%
DIIs4.13%
Public28.25%
Promoters59.28%
FIIs8.09%
DIIs4.48%
Public28.11%
Promoters59.28%
FIIs7.13%
DIIs5.67%
Public27.89%
Promoters59.28%
FIIs6.99%
DIIs7.18%
Public26.52%
Promoters59.29%
FIIs2.11%
DIIs1.76%
Public36.84%
Promoters59.28%
FIIs7.58%
DIIs2.29%
Public30.84%
Promoters59.28%
FIIs8.65%
DIIs4.39%
Public27.65%
Promoters59.28%
FIIs7.13%
DIIs5.67%
Public27.89%
Promoters59.28%
FIIs6.99%
DIIs7.18%
Public26.52%
ELECON
Holdings Analysis
Key strengths & risk signals
60
Overall
63
Fundamental
57
Technical
Risks (4)
LOW MARGIN! 9.9% profit margin - thin profits.
POOR YEAR! Stock declined 25.1% in the last year.
WEAK POSITION! Current price (416.4) is below both moving averages.
NEGATIVE MOMENTUM! Price declined across timeframes - down 5.4% (1 week), 0.7% (1 month), 18.4% (3 months).
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH SENTIMENT! In last 30 days: 12 up days, 18 down days. Avg volume on up days: 3,951,233 vs down days: 543,246. Ratio: 7.27x
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
NEUTRAL! RSI at 41.0 - balanced momentum.
Fundamental & Technical Analysis
60Overall
63Fundamental
57Technical
Fundamental Breakdown
Growth Quality
24/30
Revenue CAGR: 15.9% (VERY GOOD, 13/15). Profit CAGR: 12.8% (GOOD, 11/15).
Profit Margin
3/10
LOW MARGIN! 9.9% profit margin - thin profits.
PEG Valuation
3/10
OVERVALUED! PEG of 3.09 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.48% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.09 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 35.88% public ownership - moderate retail influence.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (434.1) is below 200-day average (451.6) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (416.4) is below both moving averages.
Trend Pattern
10/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
1/10
POOR YEAR! Stock declined 25.1% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 12 up days, 18 down days. Avg volume on up days: 3,951,233 vs down days: 543,246. Ratio: 7.27x
RSI
3/5
NEUTRAL! RSI at 41.0 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 25.1% of 52W range - weakness visible.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 5.4% (1 week), 0.7% (1 month), 18.4% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
ELECON
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-07-18 | Concall PDF | |
| Q2FY262026-01-17 | Concall PDF | |
| Q1FY262025-10-17 | Concall PDF |
Peer Comparison
Industrials · Specialty Industrial Machinery · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ELECON | ₹416.40 | 39.5 | 9.9% | 15.9% | 12.8% | -25.1% | 60 | APPROACHING SUPPORT | -59.9% | +1,073.3% | +6.1% | -30.2% |
| KIRLPNU | ₹667.20 | 33.1 | 14.5% | 13.1% | 33.1% | +18.0% | 79 | BREAKOUT | +25.6% | -76.8% | +7.6% | -57.4% |
| VESUVIUS | ₹409.00 | 32.4 | 12.0% | 16.3% | 31.3% | -18.6% | 74 | BREAKOUT | -7.1% | +4.8% | +2.3% | +7.4% |
| RAYMOND | ₹1,186.60 | 168.1 | 1.6% | -36.0% | 116.1% | +109.0% | 69 | APPROACHING RESISTANCE | -99.4% | +2,700.0% | +15.5% | +0.4% |
| OMNI | ₹634.10 | 70.8 | 18.1% | 43.4% | 35.0% | +220.9% | 85 | BREAKOUT | +471.2% | +1.4% | +61.5% | +12.1% |
| SETL | ₹387.90 | 90.6 | 10.1% | 15.9% | 14.4% | +141.5% | 69 | BREAKDOWN | +25.8% | +32.8% | +43.1% | +9.3% |
| POWERICA | ₹585.50 | 26.3 | 8.9% | 5.8% | 25.2% | +54.1% | 83 | BREAKOUT | +28.3% | -20.8% | +26.7% | -5.7% |
| INOXWIND | ₹66.70 | 27.7 | 7.8% | 79.3% | – | -58.4% | 62 | BREAKDOWN | -58.5% | -51.8% | -1.5% | -34.6% |
Data from TradeAlone · Updated daily
