Eimco Elecon (India)
Eimco Elecon (India) Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Eimco Elecon (India) Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Eimco Elecon (India) Ltd trades at a P/E of 22.88× and P/B of 1.90×.
Valuation
Profitability
Growth
Financial Health
Eimco Elecon (India) Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Eimco Elecon (India) Ltd, switchable between annual and quarterly views, consolidated or standalone.
Eimco Elecon (India) Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹925.48 Cr and reported EPS of ₹67.17.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 142 | 185 | 108 | 126 | 84 | 173 | 228 |
| Other Income | 10 | 11 | 11 | 11 | 9 | 9 | 17 |
| Total Income | 152 | 195 | 119 | 137 | 94 | 182 | 244 |
| Cost of Goods Sold (COGS) | 72 | 100 | 55 | 67 | 37 | 90 | 116 |
| Gross Profit | 70 | 85 | 53 | 59 | 48 | 83 | 112 |
| +Operating Expenses | 55 | 60 | 47 | 48 | 39 | 58 | 72 |
| EBITDA | 15 | 25 | 6 | 11 | 9 | 24 | 40 |
| +Non-Operating Expenses | 6 | 6 | 6 | 8 | 9 | 8 | 8 |
| Profit Before Tax (PBT) | 19 | 30 | 10 | 14 | 10 | 25 | 48 |
| +Tax Expense | 3 | 7 | 1 | 3 | 1 | 6 | 10 |
| Profit After Tax (PAT) | 16 | 23 | 9 | 11 | 9 | 20 | 39 |
| Earnings Per Share (EPS) | 28.21 | 40.17 | 16.45 | 19.55 | 15.04 | 33.85 | 66.83 |
| Diluted Shares Outstanding (Nos.) | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| +Additional Disclosures | 204 | 265 | 164 | 190 | 120 | 247 | 312 |
| Sales Growth % | — | 29.94 | -41.59 | 16.62 | -32.90 | 104.51 | 31.74 |
| YoY Sales Growth % | — | 29.94 | -41.59 | 16.62 | -32.90 | 104.51 | 31.74 |
| Material Cost % | 39 | 34 | 43 | 24 | 49 | 27 | 38 |
| Employee Cost % | 11 | 8 | 12 | 8 | 15 | 9 | 8 |
| Other Cost % | 28 | 24 | 31 | 30 | 31 | 25 | 24 |
| OPM % | 11 | 14 | 5 | 9 | 11 | 14 | 18 |
| Tax % | 15 | 24 | 8 | 21 | 14 | 22 | 20 |
| Profit Growth % | — | 42.42 | -59.05 | 18.83 | -23.03 | 125.00 | 97.43 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 10 | 20 | 0 | 4 | 1 | 17 | 32 |
Eimco Elecon (India) segment analysis: revenue and profit mix.
Disclosed business segments at Eimco Elecon (India) with their share of revenue and profit, switchable between consolidated and standalone reporting.
Eimco Elecon (India) discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Eimco Elecon (India) Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Eimco Elecon (India) Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Eimco Elecon (India) Ltd's investment case rests on 8 positive markers and 6 flagged concerns drawn from the latest reported filings.
What you're getting.
Eimco Elecon demonstrated robust quarterly profit growth, with Net Profit After Tax (PAT) increasing by an impressive 51.30% to 14.8 Cr, indicating strong operational efficiency and effective cost management.
The company reported significant quarterly sales growth of 31.20%, reaching 84.3 Cr, reflecting increasing demand for its industrial products and successful market penetration strategies.
Eimco Elecon maintains a healthy financial position with a zero debt-to-equity ratio (0.00), providing significant financial stability and flexibility for future growth initiatives.
Eimco Elecon's Price-to-Earnings (PE) ratio of 28.10 is considerably lower than many of its industry peers, suggesting it may be undervalued and offers an attractive investment proposition.
The company has a 'Buy' recommendation for long-term investors, backed by good fundamentals with a score of 63% and a medium risk level, indicating a solid investment choice.
What can break it.
A notable decline in promoter holding from 74.06% to 48.96% in the latest quarter raises concerns about insider confidence and could signal potential shifts in company control or strategy.
The company's Return on Equity (ROE) at 10.40% and Return on Capital Employed (ROCE) at 13.20% are moderate, trailing some industry peers, suggesting room for improvement in capital efficiency.
The stock has experienced a significant correction, trading at 1873.00, well below its 52-week high of 3020.00, indicating recent investor apprehension or market volatility.
The presence of larger, more established players like Kaynes Tech and Honeywell Auto in the Capital Goods sector poses a significant competitive threat, potentially impacting market share.
A potential global or domestic economic slowdown could significantly reduce demand for industrial products and capital goods, directly impacting Eimco Elecon's sales and profitability.
What would change my mind.
Trim if P/E re-rates above 30. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.43. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
Eimco Elecon (India) Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Eimco Elecon (India) Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Eimco Elecon (India) Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Eimco Elecon (India) Ltd — derived from the live tape, not yesterday's close.
Eimco Elecon (India) Ltd last traded at ₹1,605 with an intraday range of ₹1,568–₹1,680 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹1605.00| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 1891.33 | +286.33 | +17.84% |
| R3 | 1779.33 | +174.33 | +10.86% |
| R2 | 1729.67 | +124.67 | +7.77% |
| R1 | 1667.33 | +62.33 | +3.88% |
| PIVOT | 1617.67 | 12.67 | 0.79% |
| CURRENT | 1605.00 | — | — |
| S1 | 1331.33 | -273.67 | -17.05% |
| S2 | 1443.33 | -161.67 | -10.07% |
| S3 | 1505.67 | -99.33 | -6.19% |
| S4 | 1555.33 | -49.67 | -3.09% |
EIMCOELECO is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 1568 ~ 1593.9
Trading Above opening range, showing Bullishness
Eimco Elecon (India) Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Eimco Elecon (India) Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Eimco Elecon (India) Ltd stood at 48.1% of traded volume, against a 20-day average of 57.9%.
Eimco Elecon (India) announcements: results, concalls, ratings, M&A.
Filings Eimco Elecon (India) sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Eimco Elecon (India) files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 63 documents below.
Copy of Newspaper Publication
Eimco Elecon (India) Limited has informed the Exchange about Copy of Newspaper Publication
Copy of Newspaper Publication
Eimco Elecon (India) Limited has informed the Exchange about Copy of Newspaper Publication
Copy of Newspaper Publication
Eimco Elecon (India) Limited has informed the Exchange about Copy of Newspaper Publication
Updates
Eimco Elecon (India) Limited has informed the Exchange regarding 'Communication of deduction of tax at source on Dividend'.
Copy of Newspaper Publication
Eimco Elecon (India) Limited has informed the Exchange about Copy of Newspaper Publication
Investor decks & rating reports.
Eimco Elecon (India) insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Eimco Elecon (India) as reported to SEBI — buying and selling signals from the people who know the business best.
Eimco Elecon (India) insider activity below tracks 2 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Tamrock Great Britain Holdings Limited | Insider | 19 Dec 2024 | sell | −10.0 K | ₹2.18 Cr | ₹2,181.75 |
| Tamrock Great Britain Holdings Limited | Insider | 17 Dec 2024 | sell | −9.0 K | ₹2.18 Cr | ₹2,416.68 |
Eimco Elecon (India) dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Eimco Elecon (India) has declared, sequenced by announce and record date.
Eimco Elecon (India) corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Eimco Elecon (India) Ltd: business, sector, key facts.
What Eimco Elecon (India) Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Eimco Elecon (India) Ltd operates in the Industrials, listed as NSE: EIMCOELECO, BSE: 523708.
Eimco Eleco (India) Limited is a prominent player in the Indian mining and construction equipment manufacturing industry. Established in 1974 and based in Vallabh Vidyanagar, India, the company focuses on designing, manufacturing, and selling a diverse range of heavy machinery crucial for these sectors. Their operations encompass both domestic sales within India and international exports to various markets.
The company's product portfolio is extensive and caters to a wide array of needs within mining and construction projects. This includes equipment such as air motors for powering various tools and machinery, chair lifts for personnel transportation in mining operations, and a variety of haulers for efficient material movement, including coal haulers, load haul dumpers, and dump trucks. They also provide crucial equipment for excavation and foundation work, such as piling rigs.
Further enhancing their range of offerings, Eimco Eleco manufactures various types of loaders critical to material handling and earthmoving tasks. These loaders include rocker shovel loaders, side dump loaders, and wheel loaders, each suited for different applications and site conditions. Their product line also features drill machines used for various drilling operations, as well as a continuous miner package representing a comprehensive solution for underground mining.
In essence, Eimco Eleco's business model revolves around providing a complete suite of heavy equipment solutions for the mining and construction industries. By catering to a broad spectrum of needs within these sectors, with both specialized and general-purpose machinery, they have established a significant presence in the Indian market and have expanded their reach through international exports. Their longstanding operation since 1974 demonstrates their sustained success and market relevance within this demanding industry.
Questions investors ask about Eimco Elecon (India) Ltd (EIMCOELECO).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Eimco Elecon (India) Ltd (EIMCOELECO)?
The current share price of Eimco Elecon (India) Ltd (EIMCOELECO) is ₹1,605. Today, the stock has gained by ₹64.50 (4.19%), trading in a range of ₹1,568 to ₹1,680. The stock opened at ₹1,568 with a trading volume of 51,819 shares.
02Is Eimco Elecon (India) Ltd stock a good investment for long-term?
Eimco Elecon (India) Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹925.48 crores, P/E ratio of 22.88, ROE of 8.61%, and ROCE of 13.20%. The dividend yield stands at 0.26%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Eimco Elecon (India) Ltd stock?
The 52-week high price of Eimco Elecon (India) Ltd (EIMCOELECO) is ₹3,019.9, while the 52-week low is ₹1,405.5. Currently trading at ₹1,605, the stock is 12.4% away from its 52-week low and 46.9% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Eimco Elecon (India) Ltd stock at the current price?
Whether to buy Eimco Elecon (India) Ltd stock at ₹1,605 depends on multiple factors. The stock is currently trading with a P/E ratio of 22.88 and P/B ratio of 1.90. Today's performance shows a gain of 4.19%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Eimco Elecon (India) Ltd and when is the next dividend?
Eimco Elecon (India) Ltd offers a dividend yield of 0.26%, which means for every ₹100 invested at the current price of ₹1,605, you can expect to receive approximately ₹0.26 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Eimco Elecon (India) Ltd?
Eimco Elecon (India) Ltd's key financial metrics include: P/E Ratio: 22.88, P/B Ratio: 1.90, ROE: 8.61%, ROCE: 13.20%, Dividend Yield: 0.26%, EPS: ₹67.17, Book Value: ₹810.25, and Debt-to-Equity: 0.93. The company's market cap stands at ₹925.48 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Eimco Elecon (India) Ltd stock performing today in the market?
Eimco Elecon (India) Ltd stock opened at ₹1,568 and is currently trading at ₹1,605, showing a gain of ₹64.50 (4.19%). The intraday high is ₹1,680 and low is ₹1,568. The trading volume stands at 51,819 shares, indicating moderate market participation today.
08What is the P/E ratio of Eimco Elecon (India) Ltd and what does it indicate?
Eimco Elecon (India) Ltd has a Price-to-Earnings (P/E) ratio of 22.88, which means investors are willing to pay ₹22.88 for every ₹1 of earnings. With an EPS of ₹67.17, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Eimco Elecon (India) Ltd (EIMCOELECO) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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