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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₹352.00 - ₹634.95
Previous CloseN/A
Volume121.50K
Average Volume (3M)47.36K
Market Cap
₹94.58B
Enterprise Value₹73.92K
Total Cash (Recent Filing)₹8.40B
Total Debt (Recent Filing)₹2.73B
Price to Earnings (P/E)40.2
Beta1.78
Next Earnings
Oct 16, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.47%
Share Statistics
EPS (TTM)15.21
Shares Outstanding224,399,930
10 Day Avg. Volume66,917
30 Day Avg. Volume47,361
Financial Highlights & Ratios
PEG Ratio-1.41
Price to Book (P/B)3.71
Price to Sales (P/S)3.62
P/FCF Ratio43.96
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹635.00Price Target Upside22.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)16.7
Revenue Forecast (FY)₹25.57B
Bulls Say, Bears Say
Bulls Say
High And Sustainable MarginsElecon’s persistently strong gross and EBIT margins indicate structural pricing power and cost control in engineered industrial products. Durable margins support reinvestment, R&D, and aftermarket capacity, making earnings less sensitive to volume swings across heavy-industry cycles.
Conservative Balance Sheet, Low LeverageVery low leverage provides durable financial flexibility to fund capex, secure large engineered orders, and withstand cyclical downturns without distress. A strong equity base and modest debt reduce refinancing risk and support strategic investments or bolt-on opportunities.
Recurring Aftermarket And Diversified End MarketsA sizeable aftermarket and services footprint creates recurring revenue and higher lifetime value per installation. Combined with sales across cement, steel, mining, power and ports, this diversification lowers concentration risk and provides stable medium-term cash flow.
Bears Say
FY2026 Growth And Earnings DeteriorationThe FY2026 slowdown in revenue growth and falling net income signals a potential inflection in the company’s growth trajectory. If structural, this could erode operating leverage, strain margins, and reduce the predictability of project-driven revenue over the next several quarters.
Weaker Cash Conversion And Falling Free Cash FlowLower free-cash-flow conversion indicates rising working-capital needs or weaker cash quality. Persistently weaker cash generation would constrain funding for capex, dividends, and aftermarket expansion, and could force greater reliance on external financing for growth.
Significant EPS Volatility And YoY EPS DeclineLarge negative EPS growth points to earnings volatility from margin pressure or non-operating items. Continued EPS swings undermine investor visibility, complicate capital allocation decisions, and may limit the company’s ability to commit to long-term projects or shareholder returns.
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 ₹352.00 and its highest was ₹634.95 in the past 12 months.
What is Elecon Engineering Co. Ltd.’s market cap?
Elecon Engineering Co. Ltd.’s market cap is ₹94.58B.
When is Elecon Engineering Co. Ltd.’s upcoming earnings report date?
Elecon Engineering Co. Ltd.’s upcoming earnings report date is Oct 16, 2026 which is in 80 days.
How were Elecon Engineering Co. Ltd.’s earnings last quarter?
Elecon Engineering Co. Ltd. released its earnings results on Jul 10, 2026. The company reported ₹3.1 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Elecon Engineering Co. Ltd. overvalued?
According to Wall Street analysts Elecon Engineering Co. Ltd.’s price is currently Undervalued.
Does Elecon Engineering Co. Ltd. pay dividends?
Elecon Engineering Co. Ltd. pays a Semiannually dividend of ₹1.5 which represents an annual dividend yield of 0.47%. 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 ₹3.1 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -0.526%.
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 specializes in the production and global distribution of power transmission and material handling machinery. Its business activities are categorized into two primary divisions: Material Handling Equipment and Transmission Equipment. The Transmission Equipment division offers a comprehensive array of gearboxes, including helical, bevel helical, planetary, worm, high-speed, and specialized models for wind turbines and marine applications, alongside custom-engineered solutions. This segment also supplies loose gears, vertical roller mill drives, and a variety of industrial couplings such as geared, flexible, fluid, scoop-controlled variable speed fluid, and torsion shaft types, in addition to elevator traction machines. Within its Material Handling Equipment segment, Elecon delivers systems for processing raw materials, alongside specialized machinery like stackers, scrapers, reclaimers, bagging and weighing apparatus, wagon and truck loading systems, crushers, wagon tipplers with complementary gear, feeders, idlers, pulleys, magnetic separators, weighers, detectors, port-specific equipment, and cable reeling drums. Beyond its core manufacturing, the company also operates a ferrous and non-ferrous foundry, develops alternative energy products, and extends its service offerings to include repair and refurbishment for gearboxes, as well as support services for material handling equipment. Its diverse clientele spans sectors such as cement, sugar, defense, steel, mining, power generation, plastics, chemicals, palm oil, paper, rubber, marine, and fertilizer production, in addition to serving crane manufacturers, material handling operations, wind power facilities, and ports. Established in 1951, the firm maintains its headquarters in Vallabh Vidyanagar, India.
ELECON Stock 12 Month Forecast
Average Price Target
₹635.00
▲(22.68% Upside)
Technical Analysis
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