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Elecon Engg.Co

  • Market Cap: Mid Cap
  • Industry: Engineering - Industrial Equipments
  • ISIN: INE205B01031
  • NSEID: ELECON
  • BSEID: 505700
INR
436.10
24.1 (5.85%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 2.31 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationResults Declared: Elecon Engg.Co has declared results on 24 Apr 2025! Click here to unlock the latest financial performance
stock-summaryPrice Point
High/Low

1Day

418.90438.65

52 Week

348.05738.85
Valuation
Technical
Day's Volume

CASH

2.31 lacs (-10.75%) Volume

Shareholding (Dec 2024)

FII

9.73%

Held by 139 FIIs

DII

3.70%

Held by 8 DIIs

Promoter

59.27%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Flat results in Dec 24

  • NO KEY NEGATIVE TRIGGERS
2

Stock is technically in a Bearish range

3

With ROE of 20.2, it has a Very Expensive valuation with a 5.3 Price to Book Value

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Engineering - Industrial Equipments

stock-summary
Market cap

INR 9,786 Cr (Mid Cap)

stock-summary
P/E

25.00

stock-summary
Industry P/E

34

stock-summary
Dividend Yield

0.36%

stock-summary
Debt Equity

-0.24

stock-summary
Return on Equity

20.24%

stock-summary
Price to Book

5.27

Revenue and Profits (1 Year):
Net Sales:
529 Cr
(Quarterly Results - Dec 2024)
Net Profit:
108 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.36%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-36.75%
0%
-36.75%
1 Year
-12.7%
0.44%
-12.26%
2 Years
101.48%
2.45%
103.93%
3 Years
370.32%
6.52%
376.84%
4 Years
1126.72%
13.72%
1140.44%
5 Years
4293.95%
66.11%
4360.06%

Latest dividend: 0.5 per share ex-dividend date: Oct-28-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
11.77%
EBIT Growth (5y)
32.55%
EBIT to Interest (avg)
19.88
Debt to EBITDA (avg)
1.09
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.01
Tax Ratio
22.63%
Dividend Payout Ratio
9.47%
Pledged Shares
0
Institutional Holding
13.43%
ROCE (avg)
20.69%
ROE (avg)
15.77%
Valuation key factors
Factor
Value
P/E Ratio
25
Industry P/E
34
Price to Book Value
5.27
EV to EBIT
20.61
EV to EBITDA
18.30
EV to Capital Employed
6.59
EV to Sales
4.43
PEG Ratio
1.52
Dividend Yield
0.36%
ROCE (Latest)
30.52%
ROE (Latest)
20.24%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
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%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 11.68% vs 21.79% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 18.96% vs 44.09% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "528.89",
          "val2": "473.56",
          "chgp": "11.68%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "142.58",
          "val2": "120.39",
          "chgp": "18.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.46",
          "val2": "1.49",
          "chgp": "132.21%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "107.54",
          "val2": "90.40",
          "chgp": "18.96%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "26.96%",
          "val2": "25.42%",
          "chgp": "1.54%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 0.14% vs 25.54% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -0.28% vs 51.23% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "900.50",
          "val2": "899.24",
          "chgp": "0.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "204.68",
          "val2": "218.71",
          "chgp": "-6.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.48",
          "val2": "5.10",
          "chgp": "-12.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "161.08",
          "val2": "161.53",
          "chgp": "-0.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "22.73%",
          "val2": "24.32%",
          "chgp": "-1.59%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 4.12% vs 24.22% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 6.62% vs 48.59% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,429.39",
          "val2": "1,372.80",
          "chgp": "4.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "347.26",
          "val2": "339.10",
          "chgp": "2.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "7.94",
          "val2": "6.59",
          "chgp": "20.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "268.62",
          "val2": "251.93",
          "chgp": "6.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "24.29%",
          "val2": "24.70%",
          "chgp": "-0.41%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 26.66% vs 27.10% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 49.71% vs 69.06% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,937.42",
          "val2": "1,529.68",
          "chgp": "26.66%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "474.47",
          "val2": "338.88",
          "chgp": "40.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "8.64",
          "val2": "13.31",
          "chgp": "-35.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "355.58",
          "val2": "237.51",
          "chgp": "49.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "24.49%",
          "val2": "22.15%",
          "chgp": "2.34%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
528.89
473.56
11.68%
Operating Profit (PBDIT) excl Other Income
142.58
120.39
18.43%
Interest
3.46
1.49
132.21%
Exceptional Items
0.00
0.00
Consolidate Net Profit
107.54
90.40
18.96%
Operating Profit Margin (Excl OI)
26.96%
25.42%
1.54%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 11.68% vs 21.79% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 18.96% vs 44.09% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
900.50
899.24
0.14%
Operating Profit (PBDIT) excl Other Income
204.68
218.71
-6.41%
Interest
4.48
5.10
-12.16%
Exceptional Items
0.00
0.00
Consolidate Net Profit
161.08
161.53
-0.28%
Operating Profit Margin (Excl OI)
22.73%
24.32%
-1.59%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 0.14% vs 25.54% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -0.28% vs 51.23% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,429.39
1,372.80
4.12%
Operating Profit (PBDIT) excl Other Income
347.26
339.10
2.41%
Interest
7.94
6.59
20.49%
Exceptional Items
0.00
0.00
Consolidate Net Profit
268.62
251.93
6.62%
Operating Profit Margin (Excl OI)
24.29%
24.70%
-0.41%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 4.12% vs 24.22% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 6.62% vs 48.59% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,937.42
1,529.68
26.66%
Operating Profit (PBDIT) excl Other Income
474.47
338.88
40.01%
Interest
8.64
13.31
-35.09%
Exceptional Items
0.00
0.00
Consolidate Net Profit
355.58
237.51
49.71%
Operating Profit Margin (Excl OI)
24.49%
22.15%
2.34%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 26.66% vs 27.10% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 49.71% vs 69.06% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Elecon Engineering Company Ltd stock-summary
stock-summary
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 stock-summary
Company Details
Anand-Sojitra Road, Post Box No 6 Vallabh Vidyanagar Gujarat : 388120
stock-summary
Tel: 91-2692-236469/236513
stock-summary
http://www.elecon.com
stock-summary
pmshukla@mhe.elecon.com
Registrar Details
Link Intime India Pvt Ltd., B-102 & B103, Shangrila Complex, First Floor, Opp: HDFC Bank, Near Radhakrishna Char Rasta, Akota, Vadodara
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