Eimco Elecon (India) Ltd

₹ 2,240 -0.63%

21 Oct - close price

eimcoelecon.in BSE: 523708 NSE: EIMCOELECO

About

Eimco Elecon (India) Limited, incorporated in 1974, is in the business of Manufacturing and Marketing Equipment for Underground and Opencast mines. The Co is situated at Vallabh Vidyanagar, Gujarat. It was the first Co. to introduce the intermediate technology of Side Dump Loaders, Load Haul Dumpers and Rocker Shovel Loaders in India. ^[1]

Key Points

Business Overview^[1]
Eimco Elecon (India) Ltd. is engaged in the design, manufacture, and servicing of underground mining equipment and construction machinery.

Website BSE NSE

Market Cap ₹ 1,295 Cr.
Current Price ₹ 2,240
High / Low ₹ 2,475 / 1,406
Stock P/E 30.8
Book Value ₹ 847
Dividend Yield 0.18 %
ROCE 10.3 %
ROE 7.81 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 25.4% CAGR over last 5 years

Cons

Stock is trading at 2.65 times its book value
Company has a low return on equity of 10.0% over last 3 years.
Promoter holding has decreased over last 3 years: -25.1%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Industrials Capital Goods Industrial Manufacturing Industrial Products

Part of BSE Industrials

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	51.15	48.26	84.30	69.72	66.63	45.84	64.29	67.57	33.24	63.06	66.88	77.52	56.80
	38.31	40.36	67.58	54.65	51.54	37.99	46.14	55.26	28.02	50.55	53.95	63.27	46.06
Operating Profit	12.84	7.90	16.72	15.07	15.09	7.85	18.15	12.31	5.22	12.51	12.93	14.25	10.74
OPM %	25.10%	16.37%	19.83%	21.62%	22.65%	17.12%	28.23%	18.22%	15.70%	19.84%	19.33%	18.38%	18.91%
	4.20	4.08	4.71	5.27	6.12	2.78	4.15	8.09	4.27	5.95	-1.31	7.76	1.89
Interest	0.16	0.32	0.30	0.19	0.14	0.10	0.13	0.12	0.16	0.34	0.23	0.28	0.12
Depreciation	1.78	1.86	2.08	1.78	1.86	2.18	2.50	1.87	2.44	2.01	2.45	2.11	2.07
Profit before tax	15.10	9.80	19.05	18.37	19.21	8.35	19.67	18.41	6.89	16.11	8.94	19.62	10.44
Tax %	21.85%	22.96%	22.10%	19.49%	32.01%	25.99%	24.40%	21.35%	22.35%	22.35%	28.75%	21.61%	25.00%
	11.80	7.55	14.84	14.78	13.06	6.19	14.87	14.48	5.35	12.52	6.36	15.38	7.83
EPS in Rs	20.46	13.09	25.73	25.62	22.64	10.73	25.78	25.10	9.27	21.70	11.03	26.66	13.57
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	196	140	171	140	185	108	126	84	173	228	246	231	264
	167	117	149	125	159	102	115	75	148	187	190	188	214
Operating Profit	29	23	22	15	25	6	11	9	24	40	56	43	50
OPM %	15%	16%	13%	11%	14%	5%	9%	11%	14%	18%	23%	19%	19%
	5	8	13	10	11	11	11	9	10	18	18	17	14
Interest	0	0	0	1	1	1	1	0	0	1	1	1	1
Depreciation	4	6	5	5	5	6	7	8	8	7	8	9	9
Profit before tax	30	24	30	19	30	10	14	10	26	50	66	50	55
Tax %	28%	26%	16%	15%	24%	8%	21%	14%	21%	19%	25%	23%
	22	17	25	16	23	9	11	9	21	40	49	39	42
EPS in Rs	37.31	30.27	43.50	28.50	40.25	16.31	19.52	14.77	36.18	70.05	84.79	67.11	72.96
Dividend Payout %	13%	17%	12%	18%	17%	31%	26%	17%	14%	7%	6%	6%

Compounded Sales Growth
10 Years:	5%
5 Years:	13%
3 Years:	10%
TTM:	25%

Compounded Profit Growth
10 Years:	9%
5 Years:	25%
3 Years:	19%
TTM:	3%

Stock Price CAGR
10 Years:	18%
5 Years:	41%
3 Years:	14%
1 Year:	21%

Return on Equity
10 Years:	7%
5 Years:	8%
3 Years:	10%
Last Year:	8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
Equity Capital	6	6	6	6	6	6	6	6	6	6	6	6	6
Reserves	199	251	273	286	306	310	318	324	343	380	426	462	483
	0	0	0	1	2	3	2	0	1	0	0	4	7
	39	40	32	43	37	32	41	32	37	64	56	52	65
Total Liabilities	244	297	311	335	350	350	367	362	387	450	488	524	561
	28	65	68	77	74	78	87	81	76	73	70	75	121
CWIP	0	0	0	1	9	11	0	0	1	0	1	2	0
Investments	75	126	143	142	149	153	155	153	165	180	226	205	213
	141	106	100	115	117	109	125	128	146	197	191	243	226
Total Assets	244	297	311	335	350	350	367	362	387	450	488	524	561

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	19	42	19	10	10	11	3	-10	7	12	33	22
	-16	-42	-15	-5	-8	-3	3	8	-5	-2	-36	-22
	-3	-3	-3	-3	-3	-5	-3	-5	-2	-4	-4	-1
Net Cash Flow	0	-3	1	2	-0	3	3	-6	-0	5	-6	-1
Free Cash Flow	4	37	15	-4	-1	2	-3	-12	4	7	27	-37
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	95%	209%	108%	97%	61%	289%	51%	-84%	45%	49%	83%	75%

Ratios

Standalone / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	164	135	104	157	120	104	178	169	112	150	101	115
Inventory Days	105	211	139	199	147	349	204	705	320	270	387	400
Days Payable	93	128	56	124	73	113	106	168	74	80	56	65
Cash Conversion Cycle	177	218	187	232	194	340	276	706	357	341	432	450
Working Capital Days	172	181	151	189	158	245	239	427	230	207	206	229
ROCE %	14%	9%	11%	7%	10%	3%	5%	3%	8%	14%	16%	10%

Insights

In beta

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Permanent Employees
Count

xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx
xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx
		xx.xx	xx.xx	xx.xx	xx.xx			xx.xx	xx.xx	xx.xx
					xx.xx	xx.xx	xx.xx	xxx.xx	xx.xx
		xx	xx	xx	xx
										xx
										xx
x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx		x.xx		x.xx

Please log in to see hidden values.

R&D Expenditure
INR Lakhs

UG Coal Mining Revenue Share
% of total revenue

Open Order / Order Book
INR Crore

CIL and SCCL Customer Concentration
% of total revenue

R&D Engineers
Count

Service and Distribution Network Locations
Count

R&D Expenditure (Percentage of Turnover)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently

	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	74.06%	74.06%	74.06%	74.06%	73.64%	73.64%	73.64%	48.96%	48.96%	48.96%	48.96%	48.96%
	0.00%	0.20%	0.10%	0.10%	0.28%	0.45%	0.21%	0.60%	3.39%	3.10%	3.25%	1.30%
	0.00%	0.00%	0.36%	0.37%	0.75%	0.33%	0.33%	0.23%	1.00%	1.05%	0.98%	1.07%
	25.95%	25.74%	25.47%	25.47%	25.32%	25.58%	25.82%	50.22%	46.65%	46.89%	46.81%	48.67%
No. of Shareholders	8,906	8,348	9,935	12,281	12,758	12,034	12,020	15,989	18,204	18,122	17,825	17,139

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
	74.06%	74.06%	74.06%	74.06%	74.06%	74.06%	74.06%	74.06%	73.64%	48.96%	48.96%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.20%	0.45%	3.10%	1.30%
	4.80%	4.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.33%	1.05%	1.07%
	21.15%	21.15%	25.94%	25.94%	25.94%	25.94%	25.96%	25.74%	25.58%	46.89%	48.67%
No. of Shareholders	5,206	6,080	5,904	5,532	5,225	8,806	7,674	8,348	12,034	18,122	17,139

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Eimco Elecon (India) Ltd

Eimco Elecon (India) Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls