Market Data
Market Cap₹10,786.9 Cr.
52W High₹625.45
Current Price₹480.7
52W Low₹352
Down from 52W High23.1 %
Face Value₹1
Performance
ROCE15.93 %
ROE10.24 %
EPS (TTM)₹3.14
EPS Prev Qtr₹0.27
EPS Last Year₹3.91
EBITDA Qtr₹79.36 Cr.
Book Value₹103
Financial Health
Debt/Equity0
Debt/Profit0
Total Assets₹3,233.68 Cr.
Dividend Yield0.42 %
Promoter Holding59.27 %
Earning Power12.14 %
Valuation
Stock P/E45.65
Industry P/E33.9
Price to Book4.68
Price to Sales4.5
Graham Number₹156
Key Metrics
Dividend/Share
₹0.5
Face Value
₹1
About Elecon Engineering Company Ltd
Capital Goods · Capital Goods-Non Electrical Equipment
Elecon Engineering Company Ltd is listed on NSE in the Capital Goods / Capital Goods-Non Electrical Equipment sector. Face value ₹1. Market cap ₹10,786.9 Cr.
Price Chart
Strengths & Weaknesses
Strengths
- The company has a strong promoter holding of 59.27%, indicating solid control and alignment of interests.
- It maintains a healthy ROCE of 15.93%, showing efficient use of capital.
- The company is debt-free with a Debt to Equity ratio of 0, reducing financial risk.
- It reported a net profit of ₹236.06 Cr on revenue of ₹2396.04 Cr, reflecting profitability.
Weaknesses
- The P/E ratio of 39.25 suggests the stock may be overvalued relative to earnings.
- The dividend yield is low at 0.48%, providing limited income for investors.
- The P/B ratio of 4.02 indicates the market values the company at a premium over its book value.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| Cummins India Ltd | - | 56.68 | ₹1,34,164.8 Cr | 1.36% | ₹2,367.15 Cr | - | ₹12,662.38 Cr | - | 36.6% | 0 |
| Welspun Corp Ltd | - | 31.26 | ₹72,223.24 Cr | 0.18% | ₹2,319.21 Cr | - | ₹17,299.77 Cr | - | 27.27% | 0.24 |
| APL Apollo Tubes Ltd | - | 49.7 | ₹61,084.85 Cr | 0.39% | ₹1,229.04 Cr | - | ₹23,064.55 Cr | - | 35.88% | 0.15 |
| Indo-MIM Ltd | - | - | ₹60,675.28 Cr | - | - | - | - | - | - | 0.39 |
| Tube Investments of India Ltd | - | 78.31 | ₹47,521.02 Cr | 0.14% | ₹1,108.99 Cr | - | ₹23,753.7 Cr | - | 23.62% | 0.05 |
| Kirloskar Oil Engines Ltd | - | 56.97 | ₹31,117.12 Cr | 0.21% | ₹534.6 Cr | - | ₹7,936.74 Cr | - | 13.7% | 1.47 |
| Jyoti CNC Automation Ltd | - | 73.93 | ₹23,774.81 Cr | - | ₹321.72 Cr | - | ₹2,191.43 Cr | - | 18.46% | 0.42 |
| Carborundum Universal Ltd | - | 112.69 | ₹23,764.06 Cr | 0.2% | ₹187.75 Cr | - | ₹5,413.92 Cr | - | 7.99% | 0.08 |
| Grindwell Norton Ltd | - | 48.78 | ₹21,279.28 Cr | 0.99% | ₹437.67 Cr | - | ₹3,173.03 Cr | - | 23.31% | 0 |
| Ratnamani Metals & Tubes Ltd | - | 44.42 | ₹19,226.94 Cr | 0.36% | ₹514.36 Cr | - | ₹4,313.97 Cr | - | 15.73% | 0.07 |
| Elgi Equipments Ltd | - | 42.16 | ₹18,971.76 Cr | 0.45% | ₹447.9 Cr | - | ₹4,146.2 Cr | - | 23.64% | 0.18 |
| Jindal Saw Ltd | - | 26.92 | ₹17,647.23 Cr | 0.72% | ₹600.65 Cr | - | ₹18,262.8 Cr | - | 8.43% | 0.32 |
| Graphite India Ltd | - | 73.09 | ₹15,592.93 Cr | 0.88% | ₹209 Cr | - | ₹3,029 Cr | - | 5.11% | 0.06 |
| Tega Industries Ltd | - | 531.79 | ₹15,141.99 Cr | 0.1% | ₹-0.93 Cr | - | ₹3,059.28 Cr | - | 10.52% | 0.19 |
| Action Construction Equipment Ltd | - | 33.04 | ₹14,445.39 Cr | 0.16% | ₹436.87 Cr | - | ₹3,414.04 Cr | - | 37.02% | 0.01 |
| Lloyds Engineering Works Ltd | - | 55.44 | ₹14,197.52 Cr | 0.26% | ₹193.81 Cr | - | ₹1,611.28 Cr | - | 15.08% | 0.02 |
| KSB Ltd | - | 56.73 | ₹13,921.4 Cr | - | ₹245.5 Cr | - | ₹2,725.6 Cr | - | 19.71% | 0 |
| Kirloskar Brothers Ltd | - | 36.89 | ₹13,774.27 Cr | 0.4% | ₹357.4 Cr | - | ₹4,663.9 Cr | - | 18.14% | 0.08 |
| Ingersoll-Rand (India) Ltd | - | 49.82 | ₹13,328.01 Cr | 1.78% | ₹267.51 Cr | - | ₹1,456.51 Cr | - | 58.5% | 0 |
| Titagarh Rail Systems Ltd | - | 57.72 | ₹11,030.45 Cr | 0.12% | ₹188.36 Cr | - | ₹3,271.59 Cr | - | 11.26% | 0.22 |
Quarterly Results
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Sales | 578.13 | 551.74 | 745.61 | 520.56 |
| ↳ QoQ Growth | - | -4.6% | +35.1% | -30.2% |
| Expenses | 477.77 | 469.8 | 614.77 | 441.2 |
| Operating Profit | 100.36 | 81.94 | 130.84 | 79.36 |
| OPM % | 17.36% | 14.85% | 17.55% | 15.25% |
| Other Income | 18.32 | 18.85 | 17.57 | 21.91 |
| Interest | 5.69 | 6.82 | 6.25 | 8.11 |
| Depreciation | 25.28 | 27.24 | 27.18 | 29.76 |
| EBITDA | 125.64 | 109.18 | 158.02 | 109.12 |
| EBITDA Margin % | 21.73% | 19.79% | 21.19% | 20.96% |
| Profit Before Tax | 112.99 | 93.97 | 40.39 | 93.16 |
| Tax % | 22.36% | 23.39% | 85.14% | 24.48% |
| Net Profit | 87.72 | 71.99 | 6 | 70.35 |
| ↳ QoQ Growth | - | -17.9% | -91.7% | +1072.5% |
| EPS | 3.91 | 3.21 | 0.27 | 3.14 |
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 22.44 | 22.44 |
| Reserves | 1976.25 | 2283.41 |
| Borrowings | 181.23 | 0 |
| Other Liabilities | 549.55 | 927.83 |
| Total Liabilities | 2729.47 | 3233.68 |
| Fixed Assets | 788.55 | 904.73 |
| CWIP | 6.7 | 23.11 |
| Investments | 495.8 | 767.66 |
| Other Assets | 1438.42 | 1538.18 |
| Total Assets | 2729.47 | 3233.68 |
Cash Flows
| Mar 2026 | |
|---|---|
| Cash from Operating Activity | 314.22 |
| Cash from Investing Activity | -219.58 |
| Cash from Financing Activity | -121.83 |
| Net Cash Flow | -27.19 |
Shareholding Pattern
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters % | 59.27% | 59.27% | 59.27% | 59.27% |
| FIIs % | 8.31% | 8.1% | 7.14% | 6.99% |
| DIIs % | 4.13% | 4.49% | 5.67% | 7.18% |
| Public % | 23.07% | 22.92% | 22.72% | 21.52% |
| No. of Shareholders | 1,26,319 | 1,21,939 | 1,22,574 | 1,16,624 |
Major Shareholders (>1%)
- Aakaaish Investments Private LimitedPromoter and Promoter Group46.62%
- K B Investments Private LimitedPromoter and Promoter Group8.67%
- Sundaram Mutual Fund A/c Sundaram Small Cap FundPublic Shareholding1.91%
- Ajay UpadhyayaPublic Shareholding1.78%
As of 2026-06-30View all shareholders →