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ELECON Stock Chart & Stats
₹423.65
-₹8.85(-2.09%)
At close: 4:00 PM EDT
₹423.65
-₹8.85(-2.09%)
Day’s Range― - ―
52-Week Range₹352.00 - ₹634.95
Previous CloseN/A
Volume356.15K
Average Volume (3M)47.36K
Market Cap
₹97.05B
Enterprise Value₹73.92K
Total Cash (Recent Filing)₹8.40B
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)41.6
Beta1.74
Next Earnings
Oct 16, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.45%
Share Statistics
EPS (TTM)10.53
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 Upside49.89% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)16.7
Revenue Forecast (FY)₹25.57B
Bulls Say, Bears Say
Bulls Say
Strong MarginsSustained high gross and operating margins indicate durable product-level economics and pricing power in engineered goods. That margin base supports reinvestment, funds aftermarket service expansion and cushions cyclical revenue swings, sustaining long-term profitability and cash generation.
Conservative Balance SheetVery low leverage provides resilience through industrial cycles and gives management capacity to fund capex, acquisitions, or absorb working-capital shocks. This conservatism reduces refinancing risk and preserves strategic optionality over the medium term.
Diversified, Recurring Revenue StreamsA mix of engineered product sales, project work and recurring aftermarket services spreads revenue across end markets and creates repeatable income. Aftermarket and services in particular raise lifetime customer value and stabilize cash flows across 2–6 month cycles and longer industry downturns.
Bears Say
Weakened Cash ConversionDeteriorating cash conversion signals higher working-capital absorption or one-off cash drains, reducing available internal liquidity for capex, dividends or debt reduction. Persistently weaker FCF undermines earnings quality and constrains strategic flexibility in coming quarters.
Earnings And Revenue SlowdownA notable slowdown in revenue growth and falling net income reduce momentum that funded past margin investments and aftermarket expansion. If structural or demand-driven, this weakens future operating leverage and could pressure returns and reinvestment capacity over the medium term.
Rising Near-term Leverage/volatilityAn uptick in leverage when profitability softens raises balance-sheet sensitivity to cyclical shocks. Combined with recent EPS deterioration, higher leverage can limit capital allocation choices and increase vulnerability to slower cash recovery or prolonged sector weakness.
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 ₹97.05B.
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 59 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, beating the consensus estimate of N/A by ₹3.1.
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 0.45%. 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, beating 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
▲(49.89% Upside)
Technical Analysis
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