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Elecon Engineering Co. Ltd. (IN:ELECON)
:ELECON
India Market
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Elecon Engineering Co. Ltd. (ELECON) Price & Analysis

5 Followers

ELECON Stock Chart & Stats

₹517.60
₹3.65(0.60%)
At close: 4:00 PM EST
₹517.60
₹3.65(0.60%)

Bulls Say, Bears Say

Bulls Say
High And Stable MarginsConsistently high gross and operating margins indicate durable pricing power and efficient manufacturing for industrial gear and handling products. Margin strength supports sustainable cash generation and reinvestment capacity across cycles, preserving long-term competitiveness in heavy industries.
Conservative Balance SheetVery low leverage and a growing equity base provide financial flexibility to fund capex, working-capital needs, and aftermarket investments without heavy interest burden. Conservative balance sheet reduces refinancing risk and strengthens resilience through industry downturns.
Diversified, Recurring Revenue ModelA mix of engineered-to-order sales, bulk handling projects and recurring aftermarket/spares creates multiple cash streams. Aftermarket services tied to an installed base deliver recurring, higher-margin revenue that stabilizes earnings and supports long-term customer relationships.
Bears Say
FY2026 Growth WeaknessA material slowdown in reported revenue and net income in FY2026 signals weakening demand or execution issues. If sustained, lower top-line momentum reduces capacity to scale fixed-cost recovery, compresses margins, and limits investments over the next several quarters.
Deteriorating Cash ConversionA notable fall in free-cash-flow conversion implies higher working-capital absorption or one-time cash drains. Reduced cash convertibility limits financial flexibility for capex, M&A or dividends and increases vulnerability to sustained cyclical stress in capital-intensive end markets.
Sharp EPS ContractionA large negative EPS print reflects meaningful profit deterioration and could stem from mix, higher costs or one-offs. Pronounced EPS decline weakens reinvestment capacity and may indicate structural margin pressure that can persist absent order-book or pricing recovery.

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 81 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. Get more investment ideas with TipRanks Premium
            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 Engineering Co. Ltd. (ELECON) Earnings & Revenues

                    ELECON Stock 12 Month Forecast

                    Average Price Target

                    ₹635.00
                    ▲(22.68% Upside)
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