Elecon Engg.Co

Why is Elecon Engineering Company Ltd falling/rising?

As of 29-Jul, Elecon Engineering Company Ltd's stock price is rising to 423.55, reflecting a short-term positive momentum. However, the long-term outlook is concerning due to a -27.47% return over the past year and declining financial performance.

As of 29-Jul, Elecon Engineering Company Ltd's stock price is rising, currently at 423.55, reflecting a change of 8.75 (2.11%) upward. This increase can be attributed to several factors. Today, the stock outperformed its sector by 2.33%, and it reached an intraday high of Rs 426.8, indicating positive momentum in the short term.<BR><BR>However, it is important to note that despite this rise, the stock has been underperforming in the longer term. Over the past year, it has generated a return of -27.47%, and its performance over the last month shows a significant decline of -18.84%. The stock is also trading below its moving averages across various time frames, suggesting a bearish trend overall.<BR><BR>On a more positive note, there has been an increase in institutional investor participation, with a 1.37% rise in their stake over the previous quarter. This could indicate a level of confidence from more sophisticated investors, potentially supporting the stock's current upward movement.<BR><BR>Despite the recent rise, the company faces challenges such as poor long-term growth, with net sales and operating profit growing at only 14.75% and 14.91% annually over the last five years, respectively. Additionally, the company has reported negative results for the last three consecutive quarters, with significant declines in both profit before tax and profit after tax.<BR><BR>In summary, while Elecon Engineering Company Ltd is experiencing a short-term rise in stock price, the long-term outlook remains concerning due to poor financial performance and declining investor participation in terms of delivery volume.

Which are the latest news on Elecon Engg.Co?

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

Are Elecon Engineering Company Ltd latest results good or bad?

Elecon Engineering Company Ltd's latest results show a significant net profit increase of 1072.50% quarter-on-quarter, but this is misleading due to a low base from the previous quarter. Revenue declined by 30.18% sequentially, and operating margins have decreased, indicating underlying operational challenges despite the profit rise.

Elecon Engineering Company Ltd's latest results present a mixed picture. On one hand, the company reported a significant sequential increase in net profit, rising by an impressive 1072.50% quarter-on-quarter to ₹70.35 crore. However, this recovery is somewhat misleading as it follows a very low base from the previous quarter, where net profit had dropped sharply.<BR><BR>On the other hand, the revenue for Q1 FY27 declined by 30.18% compared to the previous quarter, totaling ₹520.56 crore. While this decline is typical for the season following a strong March quarter, the year-on-year growth of just 6.11% indicates that demand in the industrial manufacturing sector remains tepid.<BR><BR>Additionally, the operating margin has come under pressure, falling to 20.96%, down 560 basis points from the same quarter last year. This reflects rising input costs and competitive pricing pressures. The profit after tax margin also saw a significant year-on-year decline, dropping from 35.76% to 13.51%.<BR><BR>Overall, while the net profit increase may seem positive, the underlying operational challenges, revenue decline, and margin compression suggest that the results are more concerning than they appear at first glance. The company is facing significant headwinds, and its performance indicates a need for careful monitoring moving forward.

When is the next results date for Elecon Engineering Company Ltd?

The next results date for Elecon Engineering Company Ltd is July 10, 2026.

The next results date for Elecon Engineering Company Ltd is scheduled for July 10, 2026.

How big is Elecon Engg.Co?

As of 10th June, Elecon Engineering Company Ltd has a market capitalization of 12,037.00 Cr, classifying it as a Small Cap company, with recent net sales of 2,366.05 Cr and net profit of 341.15 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Elecon Engineering Company Ltd has a market capitalization of 12,037.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2,366.05 Cr, while the sum of Net Profit for the same period is 341.15 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026, with Shareholder's Funds amounting to 2,305.85 Cr and Total Assets valued at 3,233.68 Cr.

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

The management team of Elecon Engg. Co. includes Prayasvin B Patel (Chairman & Managing Director), Pradip M Patel, Prashant C Amin (both Non-Executive Directors), Jai S Diwanji, Sonal V Ambani, Pranav Amin, Ashutosh Arvind Pednekar (Independent Directors), and Aayush Shah, along with Bharti Isarani as Company Secretary. They oversee the company's operations and strategic direction.

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 plays a crucial role in overseeing the company's operations and strategic direction.

Who are the peers of the Elecon Engg.Co?

Peers of Elecon Engg.Co include Kaynes Tech, LMW, Jyoti CNC Auto., Tega Inds., Jupiter Wagons, Titagarh Rail, Lloyds Engineering, Dynamatic Tech., and Praj Industries. Elecon Engg.Co has good management and capital structure, with a 1-year return of -21.70%.

Peers: The peers of Elecon Engg.Co are Kaynes Tech, LMW, Jyoti CNC Auto., Tega Inds., Jupiter Wagons, Titagarh Rail, Lloyds Engineeri, Dynamatic Tech., and Praj Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jyoti CNC Auto., Jupiter Wagons, and Tega Inds., while Good management risk is found at Elecon Engg.Co, Titagarh Rail, and Praj Industries, and Average management risk is seen at Kaynes Tech, LMW, and Lloyds Engineeri. For Growth, Excellent growth is noted at Kaynes Tech, Jyoti CNC Auto., and Jupiter Wagons, while Good growth is seen at Elecon Engg.Co and Titagarh Rail, Average growth is found at LMW, and Below Average growth is observed at Tega Inds. and Praj Industries. In terms of Capital Structure, Excellent capital structure is noted at LMW, Tega Inds., Jupiter Wagons, and Praj Industries, while Good capital structure is seen at Jyoti CNC Auto. and Elecon Engg.Co, and Average capital structure is found at Titagarh Rail, while Dynamatic Tech. has Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Tega Inds. at 10.45%, while the lowest is Kaynes Tech at -44.66%. Elecon Engg.Co's 1-year return is -21.70%, which is higher than Kaynes Tech but lower than Tega Inds. Additionally, the six-month return is negative for Kaynes Tech, Dynamatic Tech., and Jupiter Wagons.

What does Elecon Engg.Co do?

Elecon Engineering Company Limited, established in 1960, is a leading manufacturer of Material Handling Equipment and Power Transmission Solutions, with a market cap of INR 12,037 Cr and reported net sales of 746 Cr and net profit of 6 Cr for March 2026. Key metrics include a P/E ratio of 41.00 and a dividend yield of 0.38%.

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 Small Cap market-cap bracket.<BR><BR>History:<BR>Elecon Engineering Company Ltd was incorporated in 1960. The latest quarterly results reported are for March 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 746 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 6 Cr (Quarterly Results - Mar 2026)<BR>- Market-cap: INR 12,037 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 41.00<BR>- Industry P/E: 37<BR>- Dividend Yield: 0.38%<BR>- Debt Equity: -0.23<BR>- Return on Equity: 12.49%<BR>- Price to Book: 5.19<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

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.

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 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 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.