Search For
/
Stocks
Intraday Booster
Sector Booster
Stock Screener
Market Pulse
Screeners
More
Go Prime
My Plans
Privacy Policy
Contact
Refer & EarnScreenersMain
Stock Screener
Create Screener
Explore Screeners
Community ScreenersTrading Screeners
CandleSticks Screener
Top Gainers & Losers
Opening Range Breakout
Stock Screener AI
Stock Quality Scorecard
Overvalued StocksNewUndervalued StocksNewTechnical Screeners
NR4 Stocks
NR7 Stocks
Previous Day High Breakout
Previous Day Low Breakout
Previous Day Open Breakout
Bullish Crossover Stocks
Bearish Crossover Stocks
High Volume Shocker
VWAP Breakout Stocks
Range High Breakout
Range Low BreakoutMoreMarkets
Global Market Today
Global Indices
Indian Indices
NIfty TodaySmart Money
FII DII DataNew
FII Buying
NSE Insider Trading
SLB Stocks DataDerivatives
FnO Movements
NSE F&O Lot Size
Ban ListAnalysis & Calendars
Technical DashboardSector Booster
Sector AnalysisNew
Result Calendar
Economic Calendar
Elecon Engineering Company
Mid Cap•1,974 Employees•IPO 1992
Current Price
₹391.00
-10.3 (-2.57%)Updated
Today's Range
384.5
₹391.00
398.75
52 Week Range
52W Low₹361.50
52W High₹716.25
₹391.00
Downside8.16%
Upside83.18%
Price Chart
Compare with Peers
Historical Ratios
Track top 12 most important financial ratios
P/E Ratio: Price to Earnings - Most used valuation metric
Loading chart...
Analyzing Investment Quality
Processing 9 key metrics...
Key Metrics
Hover for details
Valuation
Market Cap
₹9,910.62 Cr
Market Cap
Total market value of companyP/E Ratio
20.21
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)P/B Ratio
5.68
P/B Ratio
Price to Book Value. <3 may indicate undervaluationEPS
₹21.47
EPS
Earnings Per Share. Higher and growing is positiveProfitability
ROE
11.04%
ROE
Return on Equity. >15% is good, >20% is excellentROCE
28.50%
ROCE
Return on Capital Employed. >15% is goodNet Margin
19.92%
Net Margin
Net profit as % of revenue. >10% is goodOperating Margin
-%
Operating Margin
Operating profit margin. >15% is goodGrowth
EPS Growth (5Y)
18.23%
EPS Growth (5Y)
5-year EPS growth. >15% is strongRevenue Growth (5Y)
15.39%
Revenue Growth (5Y)
5-year revenue growth. >10% is goodQtr Sales Growth
13.80%
Qtr Sales Growth
Quarter-over-quarter sales growthQtr Profit Growth
-%
Qtr Profit Growth
Quarter-over-quarter profit growthFinancial Health
Debt/Equity
0.09
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellentBook Value
₹89.07
Book Value
Net asset value per shareDividend Yield
0.46%
Dividend Yield
Annual dividend as % of price. >2% is goodPromoter Holding
59.30%
Promoter Holding
Promoter stake. >50% shows confidenceGood
Average
Needs Attention
SWOT Analysis
Strengths
5 points- •Elecon Engineering boasts a strong Return on Equity (ROE) of 23% and a healthy Operating Profit Margin (OPM) of 24.80%, showcasing efficient operations and high returns on shareholder investments. This is further bolstered by a robust Return on Capital Employed (ROCE) of 28.50%.
- •The company demonstrates impressive growth, with a remarkable 46.6% surge in quarterly profits and a significant 25% increase in quarterly sales. This upward trend suggests robust demand and effective business strategies.
Weaknesses
4 points- •Elecon's Price-to-Earnings (PE) ratio of 28.00 is noted as higher than the industry average, potentially indicating overvaluation compared to its peers. Investors should carefully assess this valuation metric before investing.
- •While quarterly profits show growth, the company's overall profit after tax (PAT) of ₹449 million might be considered relatively low compared to its substantial market capitalization of ₹12574 million.
Opportunities
3 points- •The Capital Goods sector, where Elecon operates, is poised for growth driven by increasing infrastructure development and industrial expansion. This provides a favorable external environment for the company's products and services.
- •Increasing FII and DII holdings, with FIIs rising from 2.14% to 8.31% and DIIs from 1.84% to 4.13% since June 2022, signal growing institutional investor confidence and potential for further capital inflow.
Threats
3 points- •The presence of large, established competitors like Siemens, ABB, and CG Power in the Heavy Electrical Equipment sector poses significant competitive pressure. This could impact Elecon's market share and pricing power.
- •Fluctuations in global commodity prices, particularly for raw materials essential to heavy electrical equipment manufacturing, could impact Elecon's operating margins and profitability. This poses a significant cost-side risk.
Segment-wise Financial Analysis
Fetching Financials...
Fetching Balance Sheet...
Fetching Cash Flow...
Shareholding Pattern
Loading shareholding data...
Company Insider Trading Activity
No insider trading data available
Corporate Action
Company Announcements
Technical Analysis & Indicators
Standard pivot points - most widely used
Pivot Points (CLASSIC)
| Level | Price | Distance | % Change |
|---|---|---|---|
| R4 | ₹426.83 | +₹35.83 | +9.16% |
| R3 | ₹412.58 | +₹21.58 | +5.52% |
| R2 | ₹405.67 | +₹14.67 | +3.75% |
| R1 | ₹398.33 | +₹7.33 | +1.88% |
| PIVOT | ₹391.42 | 0.42 | 0.11% |
| CURRENT | ₹391.00 | - | - |
| S1 | ₹355.58 | -₹35.42 | -9.06% |
| S2 | ₹369.83 | -₹21.17 | -5.41% |
| S3 | ₹377.17 | -₹13.83 | -3.54% |
| S4 | ₹384.08 | -₹6.92 | -1.77% |
CPR Levels
Support
Resistance
S4
N/A
S3
N/A
S2
N/A
S1
N/A
| CPR |
BC: N/AP: N/ATC: N/A
R1
N/A
R2
N/A
R3
N/A
R4
N/A
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment
is trading CPR, indicating
● CPR Width
CPR is
● Opening Range
Day's range: ~
● Price Position
Trading Inside opening range
Delivery Volume Analysis & Trading Activity
Latest Volume+54.3% vs avg
4.81L
(12 Mar 2026)Delivery %+3.9% vs avg
45.5%
(12 Mar 2026)Avg Volume (20D)20-day average
3.12L
(12 Feb - 12 Mar)Avg Delivery %Trend ↑
41.6%
(12 Feb - 12 Mar)Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.
Peer Comparison & Industry Benchmarking
Quick Compare
Largest by Market Cap
ABB India Ltd
1.24L ₹ Cr
Best Profit Growth
Hitachi Energy India Ltd
1163.00 %
Highest Dividend Yield
Triveni Turbine Ltd
0.82 %
Peer Comparison
| Company Name |
|---|
 ABB India Ltd |
 |
 BGR Energy Systems Ltd |
 Bharat Heavy Electricals Ltd |
 Siemens Energy India Ltd |
 GE Vernova T&D India Ltd |
 Inox Wind Ltd |
 Hitachi Energy India Ltd |
 Quality Power Electrical Equipments Ltd |
 Suzlon Energy Ltd |
 TD Power Systems Ltd |
 Triveni Turbine Ltd |
About
Elecon Engineering Company Ltd
Elecon Engineering Company Limited is a prominent Indian manufacturer and supplier of industrial gears and material handling equipment, with a global reach. The company's operations are structured around two core segments: Material Handling Equipment and Transmission Equipment, catering to a diverse range of industries.
Within the Transmission Equipment segment, Elecon designs and produces a comprehensive portfolio of gearboxes. This includes helical and bevel helical gearboxes, planetary gearboxes, worm gearboxes, high-speed gearboxes, gearboxes specifically engineered for wind turbines and marine applications, and custom-built gearboxes tailored to unique client specifications. Beyond gearboxes, they also manufacture and supply customized gearboxes, individual gears, and couplings.
The Material Handling Equipment segment encompasses a broad spectrum of solutions for efficient material movement and processing. Their offerings include comprehensive raw material handling systems, stackers for vertical material storage, scrapers and reclaimers for bulk material retrieval, bagging and weighing machines for packaging and precise measurement, wagon and truck loaders for efficient transportation, crushers for size reduction, wagon tipplers for unloading railcars, and related equipment. Further expanding their capabilities, they provide feeders, idlers, pulleys, magnetic separators, weighers, detectors, port equipment, and cable reeling drums. Elecon also contributes to the alternative energy sector with specialized products.
Beyond manufacturing, Elecon offers crucial support services. These include gearbox repair and refurbishment, ensuring the longevity and optimal performance of their products. They also provide comprehensive support services for their material handling equipment, maintaining operational efficiency for their clients. The company's foundry operations further contribute to their manufacturing capabilities, producing both ferrous and non-ferrous castings.
Elecon serves a wide array of industries, including cement, sugar, defense, steel, mineral processing, metals, mining, power generation, plastics, chemical processing, palm oil production, crane manufacturing, paper production, rubber processing, marine, fertilizers, and the windmill sector. Established in 1951 and headquartered in Vallabh Vidyanagar, India, Elecon boasts a long history of providing high-quality industrial solutions across various sectors.
COMPANY FACTS - ELECON
Registered Address
Anand Sojitra Road
Vallabh Vidyanagar
GUJARAT
IN
Company Details
Group: Capital Goods
Sector: Industrials
Industry: Electrical Equipment
Exchange: NATIONAL STOCK EXCHANGE OF INDIA
Employees: 1,974
IPO Date: 07/12/1992
MANAGEMENT - ELECON
Shri. Prayasvin Patel
Executive Non-Independent Chairman of the Board, Managing Director
Shri. Narasimhan Raghunathan
Chief Financial Officer
Smt. Bharti Isarani
Compliance Officer, Company Secretary
Shri. Prashantbhai Amin
Non-Executive Non-Independent Director
Shri. Pradip Patel
Non-Executive Non-Independent Director
Shri. Aayush Shah
Non-Independent Non-Executive Director
Dr. Sonal Ambani
Non-Executive Independent Director
Shri. Pranav Amin
Non-Executive Independent Director
Shri. Nirmal Bhogilal
Non-Executive Independent Director
Shri. Ashutosh Pednekar
Non-Executive Independent Director
Investor Questions Answered
Elecon Engineering Company Ltd (ELECON) Stock FAQs
Get answers to the most common questions about Elecon Engineering Company Ltd stock price, fundamentals, financial metrics, and investment analysis
The current share price of Elecon Engineering Company Ltd (ELECON) is ₹391. Today, the stock has declined by ₹10.30 (2.57%), trading in a range of ₹384.5 to ₹398.75. The stock opened at ₹395 with a trading volume of 4,81,045 shares.
Elecon Engineering Company Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹9,910.62 crores, P/E ratio of 20.21, ROE of 11.04%, and ROCE of 28.50%. The dividend yield stands at 0.46%. 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.
The 52-week high price of Elecon Engineering Company Ltd (ELECON) is ₹716.25, while the 52-week low is ₹361.5. Currently trading at ₹391, the stock is 8.3% away from its 52-week low and 45.4% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Elecon Engineering Company Ltd stock at ₹391 depends on multiple factors. The stock is currently trading with a P/E ratio of 20.21 and P/B ratio of N/A. Today's performance shows a loss of 2.57%. 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.
Elecon Engineering Company Ltd offers a dividend yield of 0.46%, which means for every ₹100 invested at the current price of ₹391, you can expect to receive approximately ₹0.46 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Elecon Engineering Company Ltd's key financial metrics include: P/E Ratio: 20.21, P/B Ratio: N/A, ROE: 11.04%, ROCE: 28.50%, Dividend Yield: 0.46%, EPS: ₹21.47, Book Value: ₹89.07, Debt-to-Equity: 0.09, and Current Ratio: N/A. The company's market cap stands at ₹9,910.62 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Elecon Engineering Company Ltd stock opened at ₹395 and is currently trading at ₹391, showing a decline of ₹10.30 (2.57%). The intraday high is ₹398.75 and low is ₹384.5. The trading volume stands at 4,81,045 shares, indicating moderate market participation today.
Elecon Engineering Company Ltd has a Price-to-Earnings (P/E) ratio of 20.21, which means investors are willing to pay ₹20.21 for every ₹1 of earnings. With an EPS of ₹21.47, 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.
Elecon Engineering Company Ltd has a market capitalization of ₹9,910.62 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹391) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Elecon Engineering Company Ltd has a book value of ₹89.07 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹391, which is 339.0% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Elecon Engineering Company Ltd has a Return on Equity (ROE) of 11.04% and Return on Capital Employed (ROCE) of 28.50%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These are moderate returns, suggesting decent operational efficiency. Higher percentages generally indicate better financial performance.
Elecon Engineering Company Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Elecon Engineering Company Ltd has a debt-to-equity ratio of 0.09, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Elecon Engineering Company Ltd has an Earnings Per Share (EPS) of ₹21.47, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹391 and P/E ratio of 20.21, investors are paying 20.21 times the annual earnings per share. This moderate EPS suggests decent earnings generation. Track EPS growth over quarters to assess earnings momentum.
Elecon Engineering Company Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Elecon Engineering Company Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Elecon Engineering Company Ltd stock, consider: 1) Fundamental Analysis - Review P/E (20.21), ROE (11.04%), debt-to-equity (0.09), and growth rates. 2) Technical Analysis - Check 52-week range (₹361.50 - ₹716.25), moving averages, and chart patterns. 3) Valuation - Compare current price (₹391.00) with book value (₹89.07) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Elecon Engineering Company Ltd share is ₹1.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹391 is 39000x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Elecon Engineering Company Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹361.50 - ₹716.25). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.09 indicates leverage. 4) Liquidity Risk - Based on trading volume of 4,81,045 shares. 5) Valuation Risk - P/E of 20.21 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Elecon Engineering Company Ltd operates in the industry with key metrics: P/E ratio of 20.21, ROE of 11.04%, market cap of ₹9,910.62 crores, and dividend yield of 0.46%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.09), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Elecon Engineering Company Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹391, with a 52-week range of ₹361.50 to ₹716.25. Based on fundamentals like P/E (20.21), ROE (11.04%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Elecon Engineering Company Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹391.00. 2) Fundamental Deterioration - Declining ROE (currently 11.04%), increasing debt (D/E: 0.09), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Elecon Engineering Company Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.46%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.
Menu