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ELECON ENG CO

ELECON ENG CO Latest Share Price (ELECON)

₹410.80
18.15−4.23%
Overall Score62/100
Day range401
₹410.80
432
52-week352
₹410.80
579
Above low+16.7%
Below high29.1%
Range position26%
Open432.00
Prev Close428.95
Bid410.78312
Ask410.83195

TODAY IN ONE LINE

ELECON dropped 4.2% on average volume, lagging Nifty's -0.6% move, supported by recent strong earnings.

With a market cap of ₹9,214.98 Cr., it trades at a P/E of 39.24. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume779.3K−81%vs 20D avg
Price Band20
Lower Band343.2
Upper Band514.7
Tick Size0.05
Daily Volatility3.01%
Annualised Vol57.51%
Market Cap₹9,214.98 Cr.
Promoter59.27%
Face Value₹1
Fwd P/E22.25
PEG2.82
EV/EBITDA—
P/S4.21
ROA8.88%
Beta1.52
Div Payout23.04%
THE STOCK SCORE
Overall Score62/100
Updated 21 Oct

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

ELECON ENG CO flags & news 

Key strengths, potential risks, and recent updates.

✅ 8 green flags🚩 2 red flags

Green Flags

  • ●Quarterly OutperformanceLatest quarter Sales up 22.7% and Profit up 37.0%
  • ●High Capital EfficiencyROCE of 25.3% indicating pricing power
  • ●Strong Return on EquityHealthy ROE of 23.3%
  • ●Healthy Operating MarginsOPM is structurally strong at 30.2%
  • ●High Promoter HoldingPromoters hold 59.3% skin-in-the-game
  • ●Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
  • ●Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • ●Earnings DeclineEPS (TTM) has contracted by 95.9% YoY
  • ●Rising Receivables vs SalesReceivables grew 39.1% outpacing sales growth of 14.9%

Latest ELECON ENG CO News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

No recent changes found for this period.
🔒Prime: full history + alerts on this stock
Valuation

ELECON ENG. CO. valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for ELECON ENG. CO., framed against the sector median so the premium or discount is obvious at a glance.

ELECON ENG. CO. trades at a P/E of 39.24× and P/B of 3.82×.

Key MetricsMarket + reported · 23 Oct 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹9,214.98 Cr.
P/E Ratio
39.24
P/B Ratio
3.82
EPS
₹4.29
Profitability

Profitability

ROE
23.27%
ROCE
25.31%
Net Margin
15.47%
Op Margin
30.19%
Growth

Growth

EPS YoY
-95.9%
Revenue YoY
-6.5%
Qtr Sales
22.74%
Qtr Profit
36.96%
Financial Health

Financial Health

Debt / Equity
—
Book Value
₹102.76
Div Yield
0.35%
Promoter Holding
59.27%
Technicals

ELECON ENG. CO. technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for ELECON ENG. CO. — derived from the latest tape, not yesterday's close.

ELECON ENG. CO. last traded at ₹410.8 with an intraday range of ₹401.2–₹432 — latest indicator, pivot and CPR signals below.

Last updated: 23 October 2026, 2:09 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹410.80
LevelPrice (₹)Distance% Δ
R4489.73+78.93+19.21%
R3458.93+48.13+11.72%
R2445.47+34.67+8.44%
R1428.13+17.33+4.22%
PIVOT414.673.870.94%
CURRENT410.80——
S1397.33-13.47-3.28%
S2383.87-26.93-6.56%
S3366.53-44.27-10.78%
S4335.73-75.07-18.27%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 412.73P: 414.67TC: 416.60
R1
R2
R3
R4
indicator
LTP: 410.80
PDH: 440.05
PDL: 427.00
● Market Sentiment

ELECON is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: ₹408.75–₹432

● Price Position

Trading Below opening range, showing Bearishness

Financials

ELECON ENG. CO. financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for ELECON ENG. CO. — consolidated or standalone — with margins, YoY growth and key ratios inline.

ELECON ENG. CO. reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹9,214.98 Cr. and reported EPS of ₹4.29.

iTap any row for a plain-English meaning▲▼Change vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2026Apr 2026
Revenue from Operations2,366
2,366
▲ 0.0%
Sales Growth YoY %Derived6.25%
6.25%
Other Income81
81
▲ 0.0%
Total Income2,447
2,447
▲ 0.0%
1,125
1,125
▲ 0.0%
Gross ProfitDerived1,241
1,241
▲ 0.0%
Gross Margin %Derived52.45%
52.45%
718
718
▲ 0.0%
EBITDA (Operating Profit)Derived523
523
▲ 0.0%
OPM %Derived22.11%
22.11%
108
108
▲ 0.0%
Profit Before Tax (PBT)454
454
▲ 0.0%
113
113
▲ 0.0%
Effective Tax %Derived24.97%
24.97%
Total Profit for Period341
341
▲ 0.0%
Net Profit (Owner's PAT)Derived341
341
▲ 0.0%
Net Profit Margin %Derived14.42%
14.42%
PAT Growth YoY %Derived-17.81%
-17.81%
Earnings Per Share (EPS ₹)15.20
15.20
▲ 0.0%
Diluted Shares Outstanding (Cr)22
22
▲ 0.0%
Share of Profit from Associates/JVs1
1
▲ 0.0%
Other Comprehensive Income (Net of Tax)11
11
▲ 0.0%
Total Expenses (incl. D&A & Interest)1,993
1,993
▲ 0.0%
Material Cost % of RevenueDerived49.61%
49.61%
Employee Cost % of RevenueDerived10.20%
10.20%
Other Cost % of RevenueDerived20.14%
20.14%
Interest Coverage (x)Derived16.82x
16.82x
Sales CAGR · 3Y
+2.0%
Sales CAGR · 5Y
+4.1%
PAT CAGR · 3Y
-6.3%
PAT CAGR · 5Y
-0.8%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

ELECON ENG CO segment analysis : revenue and profit mix.

Disclosed business segments at ELECON ENG CO with their share of revenue and profit, switchable between consolidated and standalone reporting.

ELECON ENG CO discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for ELECON ENG. CO..

Our AI distills the core fundamental drivers supporting ELECON ENG. CO., the risks that threaten it, and the quantitative conditions that could weaken the thesis.

ELECON ENG. CO.'s investment case rests on 9 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Robust ROCE of 25.31% and ROE of 23.27% demonstrate superior capital efficiency versus peers.

  • Operating margin of 30.19% latest quarter significantly exceeds sector average benchmarks.

  • Promoter holding of 59.27% signals strong long-term commitment and founder-management alignment.

  • Niche wind turbine gearbox portfolio positions company for renewable energy sector tailwinds.

  • Capital goods sector growth driven by infrastructure and industrial expansion initiatives nationwide.

bear case

Key Risks.

  • Latest quarterly EPS declined 95.9% YoY despite revenue growth, signaling severe earnings volatility.

  • TTM revenue declined 6.5% YoY, indicating contraction in top-line growth momentum recently.

  • Trailing P/E of 35.86x appears elevated versus historical sector norms and comparable peers.

  • Net cash flow turned negative at -3.17 crores in FY25, raising near-term liquidity concerns.

  • Five-year revenue CAGR of 0% reflects historical stagnation in business expansion trajectory.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 51 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Return-quality risk. ROE below 18% would indicate weaker capital compounding.

  • Income thesis breaks if the dividend is cut or yield falls below 0.17%.

Shareholding

ELECON ENG CO shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in ELECON ENG CO — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Annual • Sep 2026

Promoters59.27%
DII7.08%↓0.10%
Public26.68%↑0.17%
FII6.93%↓0.06%
Govt0.04%

Ownership Distribution

Promoters
59.27%
Domestic Institutions
7.08%
Retail & Public
26.68%
Foreign Institutions
6.93%
Government Holdings
0.04%

Category Trends

Foreign Institutions Breakdown
Total Holding: 6.93%
Net Change: -0.06%
Category Total6.93%
Total Holding6.93%
Net Change-0.06%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 1.11%, but category aggregate is 6.93%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
LONG TERM INDIA FUND
1.11%
0.00%
0.00%
Sep 2026
THE PRUDENTIAL ASSURANCE COMPANY LIMITED
0.00%
0.00%
0.00%
Sep 2026
Peers

ELECON ENG. CO. peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — ELECON ENG. CO. is highlighted for quick read-across.

09 · Chart Patterns

ELECON ENG. CO. chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for ELECON ENG. CO. — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

ELECON ENG. CO. delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for ELECON ENG. CO. over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in ELECON ENG. CO. stood at 29.1% of traded volume, against a 20-day average of 29.1%.

Avg Delivery (20D)29.1%+0.0 ppt latest vs avg
Highest Delivery58.9%on 12 Oct
Avg Volume (20D)40.57 L20-day run-rate
Conviction Trend↑ Strengthening+0.0 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

ELECON ENG CO announcements: results, concalls, ratings, M&A.

Filings ELECON ENG CO sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

ELECON ENG CO files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 160 documents below.

  1. 15 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Elecon Engineering Company Limited has informed the Exchange about Schedule of meet

  2. 15 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Elecon Engineering Company Limited has informed the Exchange about Link of Recording

  3. 15 Oct 2026UpdatesView PDF

    Updates

    Elecon Engineering Company Limited has informed the Exchange regarding 'Communication to Shareholders Interim Dividend for FY 2026-27 - Intimation…

  4. 15 Oct 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Elecon Engineering Company Limited has informed the Exchange about Copy of Newspaper Publication

  5. 14 Oct 2026Investor PresentationView PDF

    Investor Presentation

    Elecon Engineering Company Limited has informed the Exchange about Investor Presentation

Corporate Actions

ELECON ENG CO dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue ELECON ENG CO has declared, sequenced by announce and record date.

ELECON ENG CO corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

ELECON ENG CO insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in ELECON ENG CO as reported to SEBI — buying and selling signals from the people who know the business best.

ELECON ENG CO insider activity below tracks 12 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Pradip Manubhai Patel jointly with Trupti Pardip PatelInsider20 Mar 2026buy+38.5 K——
Pradip Manubhai PatelInsider20 Mar 2026buy+38.5 K——
Pradip Manubhai PatelInsider20 Mar 2026buy+38.5 K——
Pradip Manubhai Patel jointly with Trupti Pardip PatelInsider20 Mar 2026buy+38.5 K——
Pradip Manubhai PatelInsider20 Mar 2026buy+38.5 K——
Pradip Manubhai Patel jointly with Trupti Pardip PatelInsider20 Mar 2026buy+38.5 K——
Pradip Manubhai Patel jointly with Trupti Pardip PatelInsider20 Mar 2026buy+38.5 K——
Pradip Manubhai PatelInsider20 Mar 2026buy+38.5 K——
Pradip Manubhai Patel jointly with Trupti Pardip PatelInsider20 Mar 2026buy+38.5 K——
Pradip Manubhai PatelInsider20 Mar 2026buy+38.5 K——
About the Company

About ELECON ENG. CO.: business, sector, key facts.

What ELECON ENG. CO. does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

ELECON ENG. CO. operates in the Heavy Electrical Equipment industry under the Capital Goods sector, listed as NSE: ELECON, BSE: 505700.

ELECON
Capital Goods

ELECON ENG. CO.

NSE · ELECON·BSE · 505700·www.elecon.com

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
Employees2,452
SectorCapital Goods
HeadquartersVallabh Vidya Nagar, India
Market Cap₹9,214.98 Cr.
Listed OnNSE
leadership19 on record
Dr. Sonal Ambani
Non-Executive Independent Director
Mr. Aayush Alkesh Shah
Executive Director
Mr. Chintan J. Shah
Chief Financial Officer
Mr. Chintan Shah
Chief Financial Officer
Mr. Dipak S. Dalwadi
Business Head of Gear Division
Mr. Kaushik M. Patel
Business Head of MHE Division
Mr. Man Mohan Nanda
Business Head of Gear Division
Mr. Pravin Kumar Bhasin
Business Head of MHE Division
Mr. Prayasvin Bhanubhai Patel BE, MBA
Non-Independent Executive Chairman & MD
Ms. Bhartiben Lalitkumar Isarani
Company Secretary & Compliance Officer
Shri. Aayush Shah
Non-Independent Non-Executive Director
Shri. Ashutosh Pednekar
Non-Executive Independent Director
§ ∞ · Plainly Answered

Questions investors ask about ELECON ENG. CO. (ELECON).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of ELECON ENG. CO. (ELECON)?

The current share price of ELECON ENG. CO. (ELECON) is ₹410.80. Today, the stock has declined by ₹18.15 (4.23%), trading in a range of ₹401.20 to ₹432.00. The stock opened at ₹432.00 with a trading volume of 7,79,308 shares.

02Is ELECON ENG. CO. stock a good investment for long-term?

ELECON ENG. CO. can be considered for long-term investment based on several factors. The company has a market capitalization of ₹9,214.98 Cr., P/E ratio of 39.24, ROE of 23.27%, and ROCE of 25.31%. The dividend yield stands at 0.35%. 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 ELECON ENG. CO. stock?

The 52-week high price of ELECON ENG. CO. (ELECON) is ₹579.00, while the 52-week low is ₹352.00. Currently trading at ₹410.80, the stock is 16.7% above its 52-week low and 29.05% 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 ELECON ENG. CO. stock at the current price?

Whether to buy ELECON ENG. CO. stock at ₹410.80 depends on multiple factors. The stock is currently trading with a P/E ratio of 39.24 and P/B ratio of 3.82. Today's performance shows a loss of 4.23%. 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 ELECON ENG. CO. and when is the next dividend?

ELECON ENG. CO. offers a dividend yield of 0.35%, which means for every ₹100 invested at the current price of ₹410.80, you can expect to receive approximately ₹0.35 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.

06What are the key financial ratios and metrics of ELECON ENG. CO.?

ELECON ENG. CO.'s key financial metrics include: P/E Ratio: 39.24, P/B Ratio: 3.82, ROE: 23.27%, ROCE: 25.31%, Dividend Yield: 0.35%, EPS: ₹4.29, Book Value: ₹102.76, and Debt-to-Equity: 0. The company's market cap stands at ₹9,214.98 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is ELECON ENG. CO. stock performing today in the market?

ELECON ENG. CO. stock opened at ₹432.00 and is currently trading at ₹410.80, showing a decline of ₹18.15 (4.23%). The intraday high is ₹432.00 and low is ₹401.20. The trading volume stands at 7,79,308 shares, indicating moderate market participation today.

08What is the P/E ratio of ELECON ENG. CO. and what does it indicate?

ELECON ENG. CO. has a Price-to-Earnings (P/E) ratio of 39.24, which means investors are willing to pay 39.24 for every ₹1 of earnings. With an EPS of ₹4.29, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about ELECON ENG. CO. (ELECON) 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.