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 are unfavorable, showing a 33.06% decline in net profit year-on-year and a significant drop in operating margins to 19.79%. The stock has reacted negatively, trading down 2.55% following the announcement, and has underperformed the broader market over the past year.

Elecon Engineering Company Ltd's latest results indicate a challenging period for the company. In the third quarter of FY26, the company reported a net profit of ₹71.99 crores, which represents a significant decline of 33.06% year-on-year. This decline is concerning, especially considering that revenue grew modestly by 4.32% year-on-year, but fell by 4.56% compared to the previous quarter.<BR><BR>The operating margin has also compressed sharply, dropping to 19.79%, down from 26.96% in the same quarter last year. This 717 basis points erosion in margins suggests that the company is facing increasing cost pressures or challenges in pricing its products effectively.<BR><BR>Overall, the stock has reacted negatively to these results, trading down 2.55% on the day following the announcement. Over the past year, Elecon Engineering's shares have declined by 17.04%, significantly underperforming the broader market, as reflected by the Sensex's gain of 7.72% during the same period. The technical indicators for the stock have turned bearish, and the financial trends have shifted to negative territory, raising concerns among investors.<BR><BR>In summary, the latest results for Elecon Engineering are viewed as unfavorable, marked by declining profitability and margin compression, which could signal deeper operational challenges.

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

Why is Elecon Engineering Company Ltd falling/rising?

As of 26-Mar, Elecon Engineering Company Ltd's stock price is rising to 390.00, reflecting a 1.36% increase. However, it has underperformed over the past week and year, with significant declines compared to the market, despite positive management efficiency and long-term growth indicators.

As of 26-Mar, Elecon Engineering Company Ltd's stock price is rising, currently at 390.00, reflecting a change of 5.25 (1.36%) upward. This increase follows a trend where the stock has gained for the last two days, accumulating a total return of 2.89% during this period. Additionally, the stock reached an intraday high of Rs 397.55, marking a rise of 3.33%.<BR><BR>Despite this recent uptick, the stock has underperformed its sector by 0.82% today and has shown a decline of 2.01% over the past week. Year-to-date, the stock is down 18.98%, which is significantly worse than the Sensex's decline of 11.67%. Over the past year, Elecon Engineering has also underperformed, with a return of -10.93% compared to the market's -3.52%.<BR><BR>The stock's performance is supported by positive factors such as high management efficiency, indicated by a return on equity (ROE) of 17.89%, and a low debt-to-equity ratio of 0.02 times. Furthermore, the company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 40.37%. However, the stock's valuation appears expensive with a price-to-book value of 3.9, and it has faced negative results in December, including a significant drop in profit after tax.<BR><BR>Overall, while the stock is currently rising, it faces challenges from its recent performance metrics and market conditions.

Why is Elecon Engineering Company Ltd falling/rising?

As of 27-Mar, Elecon Engineering Company Ltd's stock price is at 372.10, down 3.94%, indicating a bearish trend as it underperforms the sector and has seen decreased investor interest. The stock's valuation appears high relative to its financial performance, contributing to its decline.

As of 27-Mar, Elecon Engineering Company Ltd's stock price is falling, currently at 372.10, reflecting a change of -15.25 (-3.94%). The stock has underperformed the sector by -1.01% today and has experienced a trend reversal, having fallen after two consecutive days of gains. The stock touched an intraday low of Rs 370, which is a decrease of -4.48%. <BR><BR>In terms of moving averages, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, the engineering sector, which includes Elecon, has also seen a decline of -2.93%. <BR><BR>Investor participation has decreased significantly, with delivery volume dropping by -33.55% compared to the 5-day average, suggesting reduced interest from investors. The stock's liquidity is adequate for trading, but the overall market sentiment appears negative, as evidenced by the stock's performance relative to the benchmark Sensex, which has only fallen by -1.27% over the past week compared to Elecon's -5.04%.<BR><BR>The company's financial performance has also contributed to the stock's decline, with negative results reported in December, including a -33.1% fall in PAT and the lowest ROCE at 23.67%. Despite a high management efficiency indicated by a ROE of 17.89% and healthy long-term growth in operating profit, the stock's valuation appears expensive with a Price to Book Value of 3.7, further discouraging investors. Over the past year, while the stock has generated a return of -19.68%, the broader market has only fallen by -2.30%, highlighting its underperformance.

Why is Elecon Engineering Company Ltd falling/rising?

As of 28-Mar, Elecon Engineering Company Ltd's stock price is declining, currently at Rs 372.10, with a year-to-date drop of 22.70%. The stock has underperformed its sector and key moving averages, reflecting negative financial results and broader sector declines.

As of 28-Mar, Elecon Engineering Company Ltd's stock price is falling, currently at Rs 372.10, reflecting a decrease of Rs 15.25 or 3.94%. This decline is evident in the stock's performance over various time frames, including a 1-week drop of 5.04% and a 1-month decrease of 10.56%, which is significantly worse than the Sensex's respective declines of 1.27% and 9.48%. Year-to-date, the stock has fallen by 22.70%, compared to the Sensex's 13.66% drop, indicating a consistent underperformance.<BR><BR>Today's trading activity shows that the stock has underperformed its sector by 1.01% and has experienced a trend reversal after two consecutive days of gains. The stock reached an intraday low of Rs 370, marking a 4.48% decline. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume falling by 33.55% compared to the 5-day average. The broader engineering sector has seen a decline of 2.93%, contributing to the negative sentiment surrounding the stock. <BR><BR>Financial results have not been favorable either, with a significant drop in profit after tax (PAT) of 33.1% in the last quarter, alongside the lowest return on capital employed (ROCE) recorded at 23.67%. Although the company has shown high management efficiency and low debt levels, these positive factors are overshadowed by the recent negative financial performance and the stock's expensive valuation relative to its peers.<BR><BR>Overall, the combination of poor recent performance, negative financial results, and a broader sector decline has led to the falling stock price of Elecon Engineering Company Ltd.

Why is Elecon Engineering Company Ltd falling/rising?

As of 29-Mar, Elecon Engineering Company's stock price is declining, currently at Rs 372.10, down 3.94%. The stock has underperformed the market significantly, with year-to-date losses of 22.70% compared to the Sensex's 13.66% decline, driven by negative financial results and a bearish trend in trading.

As of 29-Mar, Elecon Engineering Company Ltd's stock price is falling, currently at Rs 372.10, reflecting a decrease of Rs 15.25 or 3.94%. The stock has underperformed compared to the broader market, with a 1-week decline of 5.04% versus the Sensex's drop of only 1.27%. Over the past month, the stock has decreased by 10.56%, while the Sensex has fallen by 9.48%. Year-to-date, Elecon's stock has dropped 22.70%, significantly more than the Sensex's decline of 13.66%.<BR><BR>Today's performance indicates a trend reversal, as the stock has fallen after two consecutive days of gains. It reached an intraday low of Rs 370, marking a decline of 4.48%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, the stock has seen a decrease in investor participation, with delivery volume falling by 33.55% compared to the 5-day average.<BR><BR>Negative financial results have also contributed to the stock's decline. The company's profit after tax for the quarter ending December 25 fell by 33.1%, and its return on capital employed is at a low of 23.67%. Despite a healthy long-term growth rate in operating profit of 40.37%, the stock's performance over the past year has been poor, with a return of -19.68%, significantly underperforming the market's average negative return of -2.30%. This combination of factors has led to the current downward trend in Elecon Engineering Company's stock price.

Which are the latest news on Elecon Engg.Co?

Which are the latest news on Elecon Engg.Co?

Which are the latest news on Elecon Engg.Co?