Elecon Engg.Co

Who are the top shareholders of the Elecon Engg.Co?

The top shareholders of Elecon Engg. Co. include Aakaaish Investments Private Limited with 46.62%, followed by 17 mutual fund schemes at 2.52%, foreign institutional investors at 8.65%, and individual investors collectively holding 22.58%. The highest public shareholder is Ajay Upadhyaya with 1.78%.

The top shareholders of Elecon Engg. Co. include the promoters, who hold the majority of the shares. The promoter with the highest holding is Aakaaish Investments Private Limited, which owns 46.62% of the company. Additionally, there are 17 mutual fund schemes that collectively hold 2.52% of the shares, while foreign institutional investors (FIIs) hold 8.65% through 134 different entities. The highest public shareholder is Ajay Upadhyaya, with a holding of 1.78%. Individual investors collectively hold 22.58% of the shares.

What is the bonus history of the Elecon Engg.Co?

Elecon Engineering Company Ltd's most recent bonus issue was a 2:1 bonus announced on October 10, 2007, with a record date of October 11, 2007, allowing shareholders to double their holdings.

Elecon Engineering Company Ltd has a notable bonus history, with its latest bonus issue being a 2:1 bonus announced on October 10, 2007. The record date for this bonus was October 11, 2007. This means that for every share held, shareholders received an additional share, effectively doubling their holdings.

Has Elecon Engg.Co declared dividend?

Yes, Elecon Engineering Company Ltd has declared a dividend of 150%, with an ex-date of June 13, 2025. The company has demonstrated strong total returns across various periods, including a total return of 5942.97% over the last 5 years.

Elecon Engineering Company Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 150%<BR>- Ex-date: 13 Jun 25<BR><BR>Dividend Yield: 0.22%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 8.99%, the dividend return was 0.24%, resulting in a total return of 9.23%.<BR><BR>Over the past year, the price return reached 31.76%, with a dividend return of 0.68%, leading to a total return of 32.44%.<BR><BR>In the 2-year period, the price return was 150.02%, the dividend return was 1.70%, culminating in a total return of 151.72%.<BR><BR>For the 3-year period, the price return was 449.5%, with a dividend return of 5.19%, resulting in a total return of 454.69%.<BR><BR>Over the last 4 years, the price return was 1007.4%, the dividend return was 11.93%, and the total return reached 1019.33%.<BR><BR>In the 5-year period, the price return was an impressive 5876.57%, with a dividend return of 66.40%, leading to a total return of 5942.97%.<BR><BR>Overall, Elecon Engineering Company Ltd has declared a substantial dividend and has shown remarkable total returns across multiple periods, indicating strong financial performance and shareholder value.

Who are the peers of the Elecon Engg.Co?

Peers of Elecon Engg.Co include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, LMW, Jupiter Wagons, Titagarh Rail, Tega Inds., Syrma SGS Tech, and Praj Industries. Elecon Engg.Co has good management risk and growth, with a 1-year return of 20.74%, while Kaynes Tech leads with a 65.65% return.

Peers: The peers of Elecon Engg.Co are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Titagarh Rail, Tega Inds., Syrma SGS Tech., and Praj Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto, Jyoti CNC Auto., Tega Inds., and Praj Industries, while Good management risk is found at Elecon Engg.Co, Kaynes Tech, and Syrma SGS Tech. Average management risk is noted at LMW, Jupiter Wagons, and Titagarh Rail, while the rest have varying ratings. For Growth, Excellent growth is seen at Kaynes Tech, Jyoti CNC Auto., and Praj Industries, while Good growth is found at Elecon Engg.Co, Syrma SGS Tech., and Titagarh Rail. Below Average growth is present at Honeywell Auto, LMW, and Tega Inds., while the rest have varying ratings. In terms of Capital Structure, Excellent capital structure is noted at Honeywell Auto, LMW, Jupiter Wagons, Elecon Engg.Co, Tega Inds., and Praj Industries, while Good capital structure is found at Kaynes Tech and Syrma SGS Tech, and Average capital structure is observed at Titagarh Rail.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.65%, while the lowest is Honeywell Auto at -26.32%. Elecon Engg.Co's 1-year return of 20.74% is higher than Honeywell Auto's but lower than Kaynes Tech's. Additionally, LMW, Jupiter Wagons, Titagarh Rail, and Praj Industries all have negative six-month returns.

Is Elecon Engg.Co overvalued or undervalued?

As of June 5, 2023, Elecon Engineering Co. is considered very expensive with a PE ratio of 37.46 and other high valuation metrics, making it overvalued compared to peers like Thermax and BEML Ltd, despite strong performance indicators and a recent return of 24.22% that outpaces the Sensex.

As of 5 June 2023, Elecon Engineering Co. has moved from an expensive to a very expensive valuation grade. The company is currently overvalued, with a PE ratio of 37.46, a Price to Book Value of 7.78, and an EV to EBITDA ratio of 27.57. In comparison to its peers, Thermax has a significantly higher PE ratio of 66.31, while BEML Ltd shows a PE of 62.34, indicating that Elecon's valuation is not only high but also less attractive relative to these competitors.<BR><BR>Despite Elecon's strong performance, with a ROCE of 34.25% and a ROE of 20.77%, the elevated valuation metrics suggest that the stock may not provide sufficient upside potential at its current price of 685.15. Additionally, while Elecon has outperformed the Sensex over the past year with a return of 24.22% compared to the Sensex's 7.60%, the current valuation raises concerns about future growth sustainability.

Who are in the management team of Elecon Engg.Co?

As of March 2022, the management team of Elecon Engg.Co includes Prayasvin B Patel (Chairman & Managing Director), Pradip M Patel, Prashant C Amin, Jai S Diwanji, Sonal V Ambani, Bharti Isarani (Company Secretary), Pranav Amin, Ashutosh Arvind Pednekar, and Aayush Shah, who oversee the company's operations and strategy.

As of March 2022, the management team of Elecon Engg.Co includes the following individuals:<BR><BR>1. Prayasvin B Patel - Chairman & Managing Director<BR>2. Pradip M Patel - Non-Executive & Non-Independent Director<BR>3. Prashant C Amin - Non-Executive & Non-Independent Director<BR>4. Jai S Diwanji - Non-Executive & Independent Director<BR>5. Sonal V Ambani - Non-Executive & Independent Director<BR>6. Bharti Isarani - Company Secretary & Compliance Officer<BR>7. Pranav Amin - Independent Director<BR>8. Ashutosh Arvind Pednekar - Independent Director<BR>9. Aayush Shah - Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Elecon Engg.Co do?

Elecon Engineering Company Limited is a mid-cap manufacturer of Material Handling Equipment and Power Transmission Solutions, with a net sales of ₹4,906 Cr and a net profit of ₹1,754 Cr as of June 2025. The company has a market cap of ₹13,596 Cr and key financial metrics include a P/E ratio of 30.00 and a return on equity of 20.77%.

Overview:<BR>Elecon Engineering Company Limited is a leading manufacturer of mission-critical Material Handling Equipment and Power Transmission Solutions, operating in the Industrial Manufacturing sector within the mid-cap market.<BR><BR>History:<BR>The company was incorporated in an unspecified year and has maintained its status as a key player in its industry. The latest quarterly results reported are for June 2025, showcasing significant sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 4,906 Cr (Quarterly Results - Jun 2025)<BR>- Net Profit: 1,754 Cr (Quarterly Results - Jun 2025)<BR>- Market Cap: INR 13,596 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>- P/E: 30.00<BR>- Industry P/E: 38<BR>- Dividend Yield: 0.32%<BR>- Debt Equity: -0.30<BR>- Return on Equity: 20.77%<BR>- Price to Book: 7.00<BR><BR>Contact Details:<BR>- Address: Anand-Sojitra Road, Post Box No 6 Vallabh Vidyanagar Gujarat : 388120<BR>- Tel: 91-2692-236469/236513<BR>- Email: pmshukla@mhe.elecon.com<BR>- Website: http://www.elecon.com

How big is Elecon Engg.Co?

As of 24th July, Elecon Engineering Company Ltd has a market capitalization of 13,333.00 Cr, with recent Net Sales of 2,325.17 Cr and a Net Profit of 517.18 Cr. Shareholder's Funds are 1,998.69 Cr and Total Assets are 2,729.47 Cr.

As of 24th July, Elecon Engineering Company Ltd has a market capitalization of 13,333.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 2,325.17 Cr and a Net Profit of 517.18 Cr.<BR><BR>For the latest annual period ending in March 2025, Shareholder's Funds amounted to 1,998.69 Cr, while Total Assets were reported at 2,729.47 Cr.

When is the next results date for Elecon Engg.Co?

The next results date for Elecon Engg.Co is October 10, 2025.

The next results date for Elecon Engg.Co is scheduled for October 10, 2025.

How has been the historical performance of Elecon Engg.Co?

Elecon Engg.Co has shown consistent growth in net sales and profitability, with net sales increasing from 1,044.71 Cr in Mar'21 to 2,226.96 Cr in Mar'25, and profit after tax rising from 55.76 Cr to 406.97 Cr during the same period, indicating a strong financial performance and solid balance sheet.

Answer:<BR>The historical performance of Elecon Engg.Co shows a consistent growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Elecon Engg.Co has demonstrated significant growth in its net sales, increasing from 1,044.71 Cr in Mar'21 to 2,226.96 Cr in Mar'25. This upward trend is reflected in the total operating income, which also rose from 1,088.46 Cr in Mar'20 to 2,226.96 Cr in Mar'25. The company's operating profit (PBDIT) has similarly improved, climbing from 140.37 Cr in Mar'20 to 602.64 Cr in Mar'25, indicating a robust operating profit margin that has remained relatively stable around 24% to 24.5% in the last two years. Profit before tax has surged from 17.93 Cr in Mar'20 to 528.84 Cr in Mar'25, while profit after tax has increased from 55.76 Cr to 406.97 Cr in the same period. The company's total assets have expanded from 2,129.37 Cr in Mar'20 to 2,729.47 Cr in Mar'25, with total liabilities also rising but remaining manageable, as evidenced by the elimination of long-term borrowings by Mar'25. Cash flow from operating activities has improved, reaching 432.00 Cr in Mar'25, contributing to a net cash inflow of 49.00 Cr for the year. Overall, Elecon Engg.Co's financial performance reflects a strong growth trajectory with increasing revenues, profits, and a solid balance sheet.

Is Elecon Engg.Co technically bullish or bearish?

As of November 28, 2025, Elecon Engg.Co's technical trend has shifted to a moderate bearish stance, indicated by bearish MACD, Bollinger Bands, moving averages, and KST signals across multiple time frames.

As of 28 November 2025, the technical trend for Elecon Engg.Co has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include a bearish MACD on the weekly chart, bearish signals from Bollinger Bands on both weekly and monthly time frames, and a bearish moving average on the daily chart. Additionally, the KST is bearish on the weekly chart and mildly bearish on the monthly chart, while the Dow Theory indicates a mildly bearish position on the weekly and monthly time frames. Overall, the combination of these indicators suggests a prevailing bearish sentiment in the market for Elecon Engg.Co.

Are Elecon Engineering Company Ltd latest results good or bad?

Elecon Engineering Company Ltd's latest results show a significant 95.90% decline in net profit due to an extraordinary tax rate, despite a 35.14% quarter-on-quarter revenue recovery. Overall, while there are signs of resilience with a 6.29% sales growth for FY26, concerns remain about profit decline and margin compression.

The latest results for Elecon Engineering Company Ltd present a mixed picture, with significant challenges overshadowing some positive aspects. <BR><BR>In the fourth quarter of FY26, the company reported a net profit of ₹6.00 crore, which is a staggering 95.90% decline year-on-year. This sharp drop was primarily influenced by an extraordinary tax rate of 85.14%, which severely impacted profitability. Excluding this anomaly, the operational performance indicates a more nuanced situation, with a quarter-on-quarter revenue recovery of 35.14% to ₹745.61 crore, although this still represents a 6.51% decline compared to the same quarter last year.<BR><BR>Operating margins also faced pressure, compressing to 21.19% from 24.49% in the previous year, reflecting rising costs and operational inefficiencies. Despite these challenges, the full fiscal year FY26 showed consolidated net sales growth of 6.29%, indicating some resilience in the business.<BR><BR>Overall, while there are signs of revenue recovery, the substantial profit decline and margin compression raise concerns about the company's operational health and financial stability. Investors may need to wait for clearer guidance from management regarding the tax anomaly and its implications for future performance.

Should I buy, sell or hold Elecon Engineering Company Ltd?

Why is Elecon Engineering Company Ltd falling/rising?

As of 29-May, Elecon Engineering Company Ltd's stock price is declining due to a 6.51% drop in net sales and negative financial results over two consecutive quarters, including an 85.6% decrease in profit after tax. The stock has underperformed the market and is considered overvalued, contributing to decreased investor confidence and participation.

As of 29-May, Elecon Engineering Company Ltd's stock price is falling, currently at 510.20, reflecting a decrease of 22.5 points or 4.22%. This decline is primarily attributed to a significant drop in net sales by 6.51%, leading to very negative financial results for the company in the most recent quarter. The company has reported negative results for two consecutive quarters, with profit before tax (PBT) falling by 28.17% to Rs 124.59 crore and profit after tax (PAT) plummeting by 85.6% to Rs 21.12 crore. <BR><BR>Additionally, the stock has underperformed the market over the past year, with a return of -24.97%, significantly worse than the broader market's decline of -1.44%. The stock's valuation is considered very expensive, trading at a price-to-book value of 5, which is higher than its peers' average historical valuations. This combination of declining sales, poor profitability, and high valuation relative to peers contributes to the stock's downward movement. <BR><BR>Investor participation has also decreased, with delivery volume falling by 52.38% compared to the 5-day average, indicating a lack of confidence among investors. Overall, these factors collectively explain the current decline in Elecon Engineering Company Ltd's stock price.

Which are the latest news on Elecon Engg.Co?