Elecon Engineering Co. Ltd. (ELECON) Price & Analysis

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ELECON Stock Chart & Stats

₹517.60

₹3.65(0.60%)

At close: Jan 09 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

₹89.80B

Enterprise Value₹89.20B

Total Cash (Recent Filing)₹8.19B

Total Debt (Recent Filing)₹2.58B

Price to Earnings (P/E)37.5

Beta1.97

Next Earnings

Apr 29, 2026

EPS 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)18.33

Revenue Forecast (FY)₹25.49B

Bulls Say, Bears Say

Bulls Say

Robust ProfitabilityElecon's very strong gross, EBIT and net margins indicate durable pricing power and operational efficiency across engineered products. High margins provide buffer against input cost swings, fund reinvestment into manufacturing and R&D, and support sustainable earnings even during modest top-line variability.

Conservative Balance SheetA low leverage profile and high equity backing materially reduce refinancing and solvency risk, giving the company flexibility to finance large project bonds or capex from internal resources. Strong ROE shows effective capital use, supporting long-term resilience and capacity to pursue growth opportunities.

Healthy Cash GenerationConsistent operating cash conversion and positive free cash flow growth underpin sustainable funding for aftermarket services, spare parts inventory and project working capital. Reliable cash generation strengthens the firm's ability to self-fund capex and service-led recurring revenue expansion.

Bears Say

Cyclicality Of End MarketsElecon's revenue mix is concentrated in heavy industrial sectors that follow multi-year capex cycles. This structural exposure makes order inflows and equipment demand highly sensitive to macro and commodity cycles, increasing medium-term revenue and utilization volatility.

Project Execution & Working Capital RiskA large share of sales comes from engineered, milestone-driven projects. Such contracts carry execution complexity, timing risk and elevated working capital needs; delays or cost overruns can compress margins and defer cash realization, affecting sustainable earnings visibility.

Modest Shareholder YieldThe company's modest dividend payout offers limited immediate cash returns to investors. While retention can support reinvestment, low shareholder yield reduces appeal to income-focused holders and provides less cushion for shareholder returns if cash generation weakens.

Elecon Engineering Co. Ltd. News

Elecon Engineering Releases Q3 & 9M FY26 Investor Presentation Ahead of Earnings Call

An announcement from Elecon Engineering Co. Ltd. ( ($IN:ELECON) ) is now available. Elecon Engineering Company Limited has...

2M ago

Elecon Engineering Wins Favourable Order in CGST Transport Dispute

Elecon Engineering Co. Ltd. ( ($IN:ELECON) ) has shared an announcement. Elecon Engineering Company Limited has received a...

2M ago

Elecon Engineering Schedules Earnings Call to Discuss Q3 FY26 Performance

Elecon Engineering Co. Ltd. ( ($IN:ELECON) ) just unveiled an announcement. Elecon Engineering Company Limited has announced that...

2M ago

Elecon Engineering Shuts Trading Window Ahead of Q3 FY26 Results Board Meet

Elecon Engineering Co. Ltd. ( ($IN:ELECON) ) has provided an announcement. Elecon Engineering Company Limited has announced the...

2M ago

Elecon Engineering Announces Investor Meetings in Mumbai

Elecon Engineering Co. Ltd. ( ($IN:ELECON) ) has shared an update. Elecon Engineering Co. Ltd. has announced a...

6M ago

Elecon Engineering Announces Earnings Call for Q1 FY26

Elecon Engineering Co. Ltd. ( ($IN:ELECON) ) has shared an update. Elecon Engineering Co. Ltd. has announced an...

8M ago

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 ₹89.80B.

When is Elecon Engineering Co. Ltd.’s upcoming earnings report date?

Elecon Engineering Co. Ltd.’s upcoming earnings report date is Apr 29, 2026 which is in 53 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. Get more investment ideas with TipRanks Premium

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.