Elecon Engineering Company Ltd
Elecon Engineering Company Ltd., incorporated in 1960. Company manufactures and sells power transmission and material handling equipment in India and internationally. In addition, it engages in the steel and non-ferrous foundry business. [1]
- Market Cap ₹ 10,918 Cr.
- Current Price ₹ 487
- High / Low ₹ 635 / 352
- Stock P/E 36.8
- Book Value ₹ 91.3
- Dividend Yield 0.41 %
- ROCE 22.4 %
- ROE 19.2 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 57.6% CAGR over last 5 years
Cons
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 503 | 980 | 923 | 911 | 955 | 836 | 796 | 893 | 1,197 | 1,600 | 1,871 | 2,016 | 2,004 | |
| 397 | 825 | 757 | 801 | 841 | 729 | 651 | 703 | 914 | 1,186 | 1,402 | 1,541 | 1,559 | |
| Operating Profit | 106 | 154 | 166 | 110 | 114 | 107 | 145 | 190 | 283 | 414 | 469 | 475 | 446 |
| OPM % | 21% | 16% | 18% | 12% | 12% | 13% | 18% | 21% | 24% | 26% | 25% | 24% | 22% |
| 23 | 27 | 8 | 11 | 22 | 8 | 11 | 5 | 15 | 40 | 48 | 225 | 70 | |
| Interest | 30 | 71 | 73 | 68 | 65 | 70 | 55 | 33 | 12 | 6 | 10 | 24 | 26 |
| Depreciation | 52 | 56 | 48 | 48 | 44 | 44 | 42 | 38 | 39 | 41 | 51 | 91 | 96 |
| Profit before tax | 48 | 56 | 52 | 5 | 28 | 1 | 58 | 124 | 246 | 406 | 456 | 585 | 395 |
| Tax % | 30% | 34% | 60% | -59% | 57% | -5,558% | 38% | 23% | 24% | 25% | 25% | 19% | |
| 33 | 37 | 21 | 8 | 12 | 72 | 36 | 96 | 188 | 303 | 340 | 477 | 296 | |
| EPS in Rs | 1.52 | 1.68 | 0.94 | 0.36 | 0.54 | 3.23 | 1.62 | 4.26 | 8.38 | 13.51 | 15.15 | 21.24 | 13.21 |
| Dividend Payout % | 36% | 33% | 27% | 28% | 19% | 0% | 12% | 16% | 12% | 11% | 13% | 9% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 20% |
| 3 Years: | 19% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 58% |
| 3 Years: | 23% |
| TTM: | -24% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 47% |
| 3 Years: | 10% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 20% |
| 3 Years: | 22% |
| Last Year: | 19% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 489 | 702 | 707 | 708 | 718 | 760 | 797 | 885 | 1,057 | 1,325 | 1,631 | 2,026 |
| 249 | 568 | 461 | 497 | 474 | 391 | 253 | 117 | 20 | 43 | 151 | 244 | |
| 296 | 684 | 669 | 727 | 733 | 664 | 630 | 411 | 316 | 369 | 493 | 569 | |
| Total Liabilities | 1,056 | 1,976 | 1,859 | 1,955 | 1,947 | 1,836 | 1,702 | 1,435 | 1,416 | 1,760 | 2,297 | 2,861 |
| 334 | 789 | 759 | 716 | 680 | 654 | 614 | 588 | 606 | 623 | 762 | 875 | |
| CWIP | 2 | 8 | 2 | 1 | 5 | 0 | 0 | 0 | 0 | 1 | 7 | 23 |
| Investments | 199 | 113 | 128 | 160 | 160 | 119 | 119 | 119 | 138 | 342 | 544 | 854 |
| 521 | 1,066 | 970 | 1,077 | 1,102 | 1,063 | 969 | 729 | 672 | 794 | 985 | 1,110 | |
| Total Assets | 1,056 | 1,976 | 1,859 | 1,955 | 1,947 | 1,836 | 1,702 | 1,435 | 1,416 | 1,760 | 2,297 | 2,861 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 218 | 13 | 196 | 106 | 71 | 170 | 220 | 178 | 294 | 235 | 279 | 281 | |
| -167 | -16 | -26 | -65 | 14 | -13 | -16 | -4 | -144 | -185 | -159 | -173 | |
| -52 | 17 | -185 | -38 | -89 | -156 | -193 | -175 | -140 | -47 | -55 | -111 | |
| Net Cash Flow | -1 | 14 | -15 | 4 | -5 | 2 | 11 | -2 | 10 | 3 | 65 | -3 |
| Free Cash Flow | 211 | -7 | 187 | 95 | 58 | 158 | 217 | 161 | 250 | 211 | 216 | 188 |
| CFO/OP | 218% | 28% | 121% | 95% | 64% | 162% | 151% | 109% | 127% | 81% | 85% | 82% |
Ratios
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 164 | 246 | 232 | 250 | 209 | 244 | 214 | 155 | 91 | 93 | 112 | 120 |
| Inventory Days | 208 | 222 | 221 | 182 | 205 | 220 | 177 | 158 | 117 | 79 | 68 | 76 |
| Days Payable | 333 | 344 | 344 | 336 | 294 | 441 | 363 | 187 | 101 | 83 | 94 | 88 |
| Cash Conversion Cycle | 39 | 124 | 109 | 96 | 120 | 23 | 28 | 125 | 107 | 89 | 85 | 108 |
| Working Capital Days | 59 | -17 | -20 | -2 | 55 | 48 | 73 | 74 | 69 | 69 | 62 | 71 |
| ROCE % | 9% | 10% | 10% | 6% | 8% | 6% | 10% | 15% | 24% | 33% | 29% | 22% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Overseas Revenue Share (% of consolidated revenue) % |
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| Open Order Book - Gear Division Rs Crore |
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| Open Order Book - MHE Division Rs Crore |
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| Open Order Book - Total Consolidated Rs Crore |
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| Order Intake - Gear Division Rs Crore |
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| Order Intake - MHE Division Rs Crore |
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| Market Share in Indian Industrial Gear Market % |
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| Overseas Distributors & Dealers count |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Audio recording link shared for Q1 FY2026-27 earnings conference call held on 13 July 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Jul - Copy of Newspaper advertisement is attached.
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Announcement under Regulation 30 (LODR)-Investor Presentation
10 Jul - Investor Presentation of the Earnings Conference Call to be held on 13th July, 2026 is attached.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Jul - Elecon reported Q1 FY27 revenue of ₹521 crore, PAT ₹70 crore, order intake ₹755 crore.
- Financial Results For The Quarter Ended On 30Th June, 2026 10 Jul
Annual reports
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Financial Year 2026
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Concalls
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Jul 2026TranscriptPPT REC
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Apr 2026Transcript PPT REC
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Jan 2026Transcript PPT REC
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Oct 2025Transcript PPT REC
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Jul 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Jan 2025Transcript PPT
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Oct 2024Transcript PPT
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Jul 2024Transcript PPT REC
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Apr 2024Transcript PPT REC
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Feb 2024Transcript PPT REC
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Oct 2023Transcript PPT REC
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Jul 2023Transcript PPT REC
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Jul 2023TranscriptAI SummaryPPT
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May 2023Transcript PPT
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Apr 2023TranscriptAI SummaryPPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Jul 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021TranscriptPPT
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Aug 2021Transcript PPT
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Jun 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Oct 2020TranscriptPPT
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Oct 2019TranscriptPPT
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Apr 2019TranscriptPPT
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Oct 2018TranscriptPPT
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May 2018TranscriptPPT
Business Divisions
a) Gear Division:[1]
- Product Portfolio: Helical/Bevel Helical Gearboxes, Worm Gearboxes, Couplings, Planetary Gearboxes, Marine Gearboxes, Custom Built Gearboxes, EON2 Series Gearboxes, High-Speed Gearboxes, Central Drive Mill Gearboxes, Pinion Shaft, Double Helical Gear Wheels, Loose Gears
- Product Applications: It serves industries like Power, Cement, Sugar, Steel, etc.
- Clientele: [2] Hayley, Brith Steel, Adani, TATA Steel, NTPC, BHEL, Indian Cane Powers Ltd, Dalmia Bharath Group, United Utilities, etc.