Elecon Engineering Co. Ltd. (IN:ELECON)
:ELECON
ELECON Stock Chart & Stats
₹517.60
₹3.65(0.60%)
At close: 4:00 PM EST
₹517.60
₹3.65(0.60%)
Day’s Range― - ―
52-Week Range₹348.05 - ₹716.55
Previous CloseN/A
Volume121.50K
Average Volume (3M)47.36K
Market Cap
₹87.22B
Enterprise Value₹86.57B
Total Cash (Recent Filing)₹8.19B
Total Debt (Recent Filing)₹2.58B
Price to Earnings (P/E)37.5
Beta1.83
Next Earnings
Apr 15, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.41%
Share Statistics
EPS (TTM)3.20
Shares Outstanding224,399,930
10 Day Avg. Volume66,917
30 Day Avg. Volume47,361
Financial Highlights & Ratios
PEG Ratio1.44
Price to Book (P/B)5.01
Price to Sales (P/S)4.49
P/FCF Ratio27.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)22.47
Revenue Forecast (FY)₹29.15B
Bulls Say, Bears Say
Bulls Say
Sustained Revenue Growth & Strong MarginsConsistent ~16.8% revenue growth combined with very high gross and EBIT margins points to durable product differentiation and pricing power across engineered equipment and gears. High margins support reinvestment in R&D, aftermarket services and buffer profitability through cyclical periods.
Conservative Balance Sheet, Low LeverageA debt-to-equity of 0.09 and strong equity backing give the company financial flexibility to fund project working capital, pursue large EPC bids and withstand downturns without significant refinancing risk. High ROE indicates effective capital use sustaining returns over time.
Strong Cash Generation & ConversionOperating cash flow exceeding reported income and near-1.0 FCF conversion reflect high cash quality and operational efficiency. Reliable cash generation supports capex for factories, aftermarket parts inventory, and reduces dependence on external funding through industrial cycles.
Bears Say
End-market CyclicalityMaterial exposure to cement, steel, power and mining ties demand to cyclical capex and commodity cycles. That structural end-market cyclicality can produce pronounced swings in order inflows and utilization, increasing revenue and margin volatility over multi-month horizons.
Project/EPC Revenue Timing & Execution RiskHeavy reliance on project‑based EPC contracts concentrates revenue around milestone completions and creates execution, timing and working‑capital risks. Delays or cost overruns can defer revenue recognition, compress margins and strain cash conversion despite healthy long‑run metrics.
Modest Shareholder YieldA very low dividend yield limits direct cash returns to shareholders and reduces the stock’s defensive appeal to income investors. With limited shareholder yield, long‑term total return must rely principally on operational expansion and margin improvement.
Elecon Engineering Co. Ltd. News
ELECON FAQ
What was Elecon Engineering Co. Ltd.’s price range in the past 12 months?
Elecon Engineering Co. Ltd. lowest stock price was ₹348.05 and its highest was ₹716.55 in the past 12 months.
What is Elecon Engineering Co. Ltd.’s market cap?
Elecon Engineering Co. Ltd.’s market cap is ₹87.22B.
When is Elecon Engineering Co. Ltd.’s upcoming earnings report date?
Elecon Engineering Co. Ltd.’s upcoming earnings report date is Apr 15, 2026 which is in 10 days.
How were Elecon Engineering Co. Ltd.’s earnings last quarter?
Elecon Engineering Co. Ltd. released its earnings results on Jan 08, 2026. The company reported ₹3.2 earnings per share for the quarter, beating the consensus estimate of N/A by ₹3.2.
Is Elecon Engineering Co. Ltd. overvalued?
According to Wall Street analysts Elecon Engineering Co. Ltd.’s price is currently Overvalued.
Does Elecon Engineering Co. Ltd. pay dividends?
Elecon Engineering Co. Ltd. pays a Semiannually dividend of ₹0.5 which represents an annual dividend yield of 0.41%. See more information on Elecon Engineering Co. Ltd. dividends here
What is Elecon Engineering Co. Ltd.’s EPS estimate?
Elecon Engineering Co. Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Elecon Engineering Co. Ltd. have?
Elecon Engineering Co. Ltd. has 224,399,930 shares outstanding.
What happened to Elecon Engineering Co. Ltd.’s price movement after its last earnings report?
Elecon Engineering Co. Ltd. reported an EPS of ₹3.2 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.917%.
Which hedge fund is a major shareholder of Elecon Engineering Co. Ltd.?
Currently, no hedge funds are holding shares in IN:ELECON
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Elecon Engineering Co. Ltd.
Elecon Engineering Company Limited manufactures and sells power transmission and material handling equipment in India and internationally. The company operates in two segments, Material Handling Equipment and Transmission Equipment. It provides helical and bevel helical, planetary, worm, high speed, wind turbine, marine, and custom built gear boxes; customized gear boxes; loose gears; vertical roller mill drives; elign geared, elflex flexible, fluid, scoop controlled variable speed controlled fluid, and torsion shaft couplings; and elevator traction machines. The company also provides material handling equipment, such as raw material handling systems, stackers, scrapers/reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers and associated equipment, feeders, idlers and pulleys, magnates/weighers/detectors, port equipment, and cable reeling drums; and alternate energy products. In addition, it engages in the ferrous and non-ferrous foundry business. Further, the company offers gearbox repair and refurbish services; and material handling equipment support services. Elecon Engineering Company Limited serves cement, sugar, defense, steel, mining, power, plastic, material handling, chemical, palm oil, crane, paper, rubber, marine, and fertilizer industries, as well as windmills and ports. The company was founded in 1951 and is based in Vallabh Vidyanagar, India.
Technical Analysis
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