Education
About Us
Working with TipRanks
Follow Us
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
₹99.11B
Enterprise Value₹98.00B
Total Cash (Recent Filing)₹8.19B
Total Debt (Recent Filing)₹2.58B
Price to Earnings (P/E)20.6
Beta1.96
Next Earnings
Apr 29, 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)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Robust Profitability And MarginsElecon's high gross (46.7%), EBIT (37.3%) and net (18.6%) margins reflect durable operational efficiency and pricing power across engineered products. Sustained margins support reinvestment, aftermarket growth, and resilience through cycles, underpinning long-term cash generation and strong ROE.
Conservative Balance Sheet And Low LeverageWith debt-to-equity at 0.09 and an equity ratio of 73.2%, Elecon has conservative leverage and strong asset backing. This financial flexibility reduces refinancing risk, enables capital deployment for projects or capex, and provides a buffer in downturns, supporting long-term stability.
Strong Cash Generation And FCF ConversionOperating cash flow to net income of 1.04 and FCF-to-net-income of 0.88, plus 9.9% FCF growth, show consistent conversion of profits into cash. Reliable cash generation funds working capital, aftermarket service expansion and selective reinvestment without stressing the balance sheet over the medium term.
Bears Say
Revenue Cyclicality Tied To Industrial CapexElecon's revenue is materially linked to industrial capex cycles and order inflows, making demand sensitive to macro investment trends in end markets. This cyclicality can create multi-quarter volatility in bookings and cash flow, complicating forecasting and capital allocation decisions.
Project-based/EPC Model Creates Execution RiskA large portion of revenue comes from project-based EPC contracts where earnings depend on timely execution and commissioning. Such a model produces lumpy revenues, raises working capital needs, and exposes margins to delays or cost overruns, posing persistent operational risk if project controls slip.
Modest Shareholder YieldA low dividend yield (~0.45%) limits direct cash returns to shareholders and may reduce appeal to income-focused investors. While retained cash may fund growth, the modest yield could pressure investor sentiment seeking steady distributions and makes total-return expectations more dependent on operational execution.
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 ₹99.11B.
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 69 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
Craftsman Automation Ltd.
―
ELGI Equipments Limited
―
Ingersoll-Rand (India) Limited
―
ISGEC Heavy Engineering Ltd.
―
KSB Ltd.
―