Eimco Elecon (India) Ltd. (EIMCOELECO) AI Stock Analysis

• Market Cap: ₹9.02B
• Dividend Yield: 0.33%
• Average Volume (3M): 17.09K
• Price to Earnings (P/E): 18.4
• Beta (1Y): 1.47
• Revenue Growth: -21.56%
• EPS Growth: -18.58%
• Country: IN
• Employees: 124
• Sector: Industrials
• Sector Strength: 72
• Industry: Agricultural - Machinery
• EPS (TTM): 21.70
• Shares Outstanding: 5,768,385
• 10 Day Avg. Volume: 31,604
• 30 Day Avg. Volume: 17,089
• PEG Ratio: 0.81
• Price to Book (P/B): 1.93
• Price to Sales (P/S): 3.38
• P/FCF Ratio: 30.69
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 95
• Revenue Forecast (FY): ₹2.80B

• Rating: 74 Outperform
• Price Target: ₹1,601.00 ▼(-1.64% Downside)
• Action: Upgraded Date: 01/09/26
• Date: Action: Upgraded 01/09/26

The score is primarily driven by strong financial performance (growth, rising margins, and low leverage). This is tempered by mixed technicals (short-term strength but below longer-term moving averages) and only average valuation support given a moderate P/E and very low dividend yield.

Positive Factors

High gross margin expansion

A 53.8% gross margin in 2025 indicates durable production and pricing advantages in engineered mining and material-handling equipment. High gross margins support reinvestment in product development and aftermarket service, cushioning cyclicality and improving long-term cash conversion and resilience.

Negative Factors

Recent revenue decline / volatility

A reported ~14% revenue decline signals demand cyclicality or lumpy order intake in mining and heavy-industry equipment. Such top-line volatility can persist across quarters, complicate capacity utilization and planning, and pressure margins and cash flow timing for a project-driven business over the coming months.

Eimco Elecon (India) Ltd. Business Overview & Revenue Model

Company Description

Eimco Elecon (India) Limited manufactures and sells equipment for mining and construction sector in India. It offers side dump loaders, load haul dumpers, coal haulers, roof bolters, shuttle cars, continuous miner package, universal drill machines...

Read more

Eimco Elecon (India) Limited manufactures and sells equipment for mining and construction sector in India. It offers side dump loaders, load haul dumpers, coal haulers, roof bolters, shuttle cars, continuous miner package, universal drill machines...

How the Company Makes Money

Eimco Elecon (India) Ltd. generates revenue primarily by selling industrial machinery and engineered systems used in mining and material handling. Key revenue streams typically include: (1) equipment sales—manufacturing and supplying underground m...

Read more

Eimco Elecon (India) Ltd. generates revenue primarily by selling industrial machinery and engineered systems used in mining and material handling. Key revenue streams typically include: (1) equipment sales—manufacturing and supplying underground m...

Eimco Elecon (India) Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	2.11B	2.46B	2.28B	1.73B	844.44M	1.25B
Gross Profit	1.15B	1.33B	1.00B	743.49M	181.87M	567.92M
EBITDA	536.98M	744.84M	583.57M	332.02M	182.34M	220.17M
Net Income	408.97M	489.07M	404.12M	195.25M	86.78M	112.75M
Balance Sheet
Total Assets	5.00B	4.88B	4.50B	3.89B	3.65B	3.70B
Cash, Cash Equivalents and Short-Term Investments	205.35M	359.31M	145.26M	26.57M	724.75M	950.24M
Total Debt	16.89M	1.29M	4.08M	6.37M	3.97M	16.89M
Total Liabilities	507.07M	560.36M	641.95M	380.44M	326.20M	423.44M
Stockholders Equity	4.49B	4.32B	3.86B	3.51B	3.33B	3.27B
Cash Flow
Free Cash Flow	0.00	271.69M	68.93M	38.26M	-126.94M	-32.54M
Operating Cash Flow	0.00	332.78M	115.92M	66.64M	-110.14M	26.10M
Investing Cash Flow	0.00	-358.06M	-22.66M	-46.58M	79.69M	34.72M
Financing Cash Flow	0.00	-37.33M	-40.99M	-24.26M	-33.13M	-34.03M

Eimco Elecon (India) Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1627.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EIMCOELECO, the sentiment is Positive. The current price of 1627.65 is above the 20-day moving average (MA) of 1534.48, above the 50-day MA of 1597.91, and below the 200-day MA of 1905.36, indicating a neutral trend. The MACD of -19.06 indicates Negative momentum. The RSI at 51.10 is Neutral, neither overbought nor oversold. The STOCH value of 48.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:EIMCOELECO.

Eimco Elecon (India) Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EIMCOELECO	74 Outperform	₹9.02B	18.42	―	0.33%	-21.56%	-18.58%
ELECON	73 Outperform	₹87.22B	37.50	―	0.41%	20.94%	45.63%
PRECWIRE	73 Outperform	₹54.83B	28.77	―	0.48%	19.03%	36.25%
SHANTIGEAR	66 Neutral	₹34.10B	55.74	―	1.06%	―	―
INDOTECH	65 Neutral	₹13.33B	16.63	―	―	34.48%	40.61%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GUJAPOLLO	47 Neutral	₹5.46B	204.12	―	0.48%	4.69%	-124.17%