About Elecon Engineering Company Ltd 
Elecon Engineering Company Ltd
Mid Cap
Engineering - Industrial Equipments
Elecon Engineering Company Limited is a leading manufacture of mission critical Material Handling Equipment and Power Transmission Solution. The Company is involved in design and manufacturing of Material Handling Equipment and Industrial Gears and is also involved in providing erection and commissioning solutions for its products. The Company has manufacturing operations based out of India, Sweden, UK, USA and The Netherlands with Sales Offices at Dubai and Singapore.
Company Coordinates 
Company Details
Anand-Sojitra Road, Post Box No 6 Vallabh Vidyanagar Gujarat : 388120
Registrar Details
Link Intime India Pvt Ltd., B-102 & B103, Shangrila Complex, First Floor, Opp: HDFC Bank, Near Radhakrishna Char Rasta, Akota, Vadodara
Capital Structure 
Present Equity Capital
INR 22.44 Cr
Number of Shares
22.44 Cr
Face Value
INR 1.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
19-Jul-2024
22.44
22.44
112199965
1
Stock Split
10-Nov-2016
11.22
22.44
3264122
2
Amalgamation
12-Apr-2013
10.89
21.79
16074333
2
DeMerger
12-Apr-2013
10.89
21.79
16074333
2
DeMerger
02-Jan-2008
9.29
18.57
90560
2
FCCB
02-Jan-2008
9.29
18.57
90560
2
FCCB
10-Oct-2007
9.28
18.55
61847300
2
Bonus
10-Oct-2007
9.28
18.55
61847300
2
Bonus
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 13 Schemes (2.22%)
FIIs
Held by 139 FIIs (9.73%)
Promoter with highest holding
Aakaaish Investments Private Limited (46.62%)
Highest Public shareholder
Ajay Upadhyaya (1.78%)
Individual Investors Holdings
22.06%
Management
Designation
Remuneration
Prayasvin B Patel
Chairman & Managing Director
12.09 cr
Pradip M Patel
Non-Exec & Non-Independent Dir
13.16 lacs
Prashant C Amin
Non-Exec & Non-Independent Dir
11.68 lacs
Jai S Diwanji
Non-Exec. & Independent Dir.
13.4 lacs
Sonal V Ambani
Non-Exec. & Independent Dir.
13.18 lacs
Bharti Isarani
Company Sec. & Compli. Officer
0
Pranav Amin
Independent Director
11.02 lacs
Ashutosh Arvind Pednekar
Independent Director
12.52 lacs
Aayush Shah
Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Raw Material Consumed
540.7119
0%
Raw Material Consumed
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Other Operating Revenues - Duty Drawback
2.11
0.22%
Other Operating Revenues - Duty Drawback
Other Operating Revenues - Duty Drawback
Revenue and Profits:
Net Sales:
529 Cr
(Quarterly Results - Dec 2024)
Net Profit:
108 Cr
Engineering - Industrial Equipments
INR 9,786 Cr (Mid Cap)
25.00
34
0.36%
-0.24
20.24%
5.27