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Elecon Engineering Company Limited

Elecon Engineering Company Limited

ELECON.NS
Elecon Engineering Company LimitedIN flagNational Stock Exchange of India
509.25
INR
-21.80
- -
114.28BMarket Cap
Elecon Engineering Company Limited
ELECON.NS
(National Stock Exchange of India)

Recent

price

509.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
69.15
86.24
69.69
58.84
60.35
57.06
52.83
51.98
53.82
47.77
46.16
53.16
66.91
84.96
97.91
104.15
103.63
Revenue per Share
4.77
3.29
0.82
0.63
0.75
1.67
0.48
0.33
3.12
4
2.57
6.26
10.58
15.85
18.5
15.2
23.05
Basic EPS, GAAP
2.47
4.42
1.81
5.72
7.38
-0.51
7.89
1.82
1.88
9.3
10.88
8.98
11.68
14.85
16.02
8.68
- -
Free Cash Flow per Basic Share
0.89
1.04
0.7
0.82
0.56
0.65
0.64
0.3
0.12
0.13
0.01
0.2
0.7
1.5
1.5
2
- -
Dividend per Share
22.53
1.67
1.58
1.28
10.08
10.13
9.96
9.83
11.51
15.43
18.14
25.23
35.15
49.53
66.62
79.63
- -
Book Value per Share
16.76
18.53
21.05
20.31
25.9
26.34
27.03
26.2
28.94
32.79
35.39
41.41
51.64
66.06
83.48
101.54
- -
Tangible Book Value per Share
186
186
218
218
218
224
224
224
224
224
224
224
224
224
224
224
224
Basic Weighted Avg Shares
12,843
16,016
15,184
12,819
13,149
12,804
11,854
11,665
12,077
10,719
10,359
11,929
15,014
19,065
21,970
23,371
23,252
Sales/Revenue/Turnover
12.05
10.98
10.99
7.59
8.64
9.24
10.41
6.43
12.16
11
24.22
17.14
20.48
22.68
22.12
18.36
21.85
Operating Margin (%)
416
486
571
616
716
621
532
529
479
533
521
486
490
509
608
1,042
725
Depreciation Expense
887
611
179
137
163
374
108
75
701
897
576
1,405
2,375
3,556
4,151
3,412
5,172
Net Income, GAAP
27.74
41.33
41.39
51.44
49.48
37.31
75.49
- -
20.56
- -
29.11
17.61
20.79
23.59
22.7
24.93
20.43
Effective Tax Rate (%)
6.9
3.81
1.18
1.07
1.24
2.92
0.91
0.64
5.81
8.37
5.56
11.78
15.82
18.65
18.89
14.6
22.24
Profit Margin (%)
1,256
1,043
2,412
1,960
-292
58
51
871
2,422
2,206
2,948
3,470
5,451
8,196
11,592
12,888
- -
Working Capital
2,034
1,991
1,840
1,378
1,623
1,789
1,394
1,870
2,439
1,950
1,497
521
404
594
1,465
2,156
- -
LT Debt
4,184
4,587
5,721
5,671
6,798
7,043
7,098
7,089
7,681
8,542
9,192
10,502
12,791
16,040
19,987
23,058
- -
Total Equity
12.13
9.74
8.18
3.83
4.73
5.8
2.43
- -
9.89
- -
14.22
13.65
19.11
22.05
19.56
13.57
- -
Return on Invested Capital (%)
13.75
11.1
6.23
6.42
6.17
9.53
3.26
- -
14.82
- -
12.04
22.72
31.29
35.65
29.64
19.19
371.25
Return on Capital (%)
23.82
27.19
54.86
44.13
13.2
16.72
4.77
3.37
29.28
29.68
15.3
28.87
35.06
37.43
31.85
20.79
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
347
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1,465
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
224
- -
Market Capitalization
142,382
100,780
146,902

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
16,963
- -
Cash, Cash Equivalents & STI
- -
7,247
- -
Accounts Receivable, Net
- -
6,139
- -
Inventories
- -
2,430
- -
Total Current Liabilities
- -
5,371
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
347
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.92%
20.28%
15.37%
Free Cash Flow
-130.41%
0.36%
-45.83%
Net Income, GAAP
98.87%
52.3%
-17.81%
Sales/Revenue/Turnover
6.96%
17.93%
6.38%
Total Cash Common Dividend
- -
- -
33.33%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,143
4,849
4,736
5,337
19,065
2025
3,924
5,081
5,289
7,976
21,970
2026
4,906
5,517
7,456
- -
23,371

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.25
3.95
4.03
- -
15.85
2025
3.27
3.91
4.79
6.53
18.5
2026
7.82
3.21
0.27
- -
15.2

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.5
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
2
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Business
Elecon Engineering Company Limited Elecon Engineering Company Limited, headquartered in Vallabh Vidyanagar, Anand, Gujarat, India, and founded in 1951, is an Indian multinational company that designs, manufactures, and supplies industrial gears and material handling equipment for core sectors including power, steel, cement, mining, sugar, paper, rubber, marine, and fertilizer industries. The company operates primarily through two segments—Transmission Equipment and Material Handling Equipment—producing a comprehensive range of power transmission products such as helical gears, bevel helical gears, worm gears, planetary gearboxes, fluid couplings, geared couplings, flexible couplings, high-speed gearboxes, wind turbine gearboxes, marine gearboxes, custom-built gearboxes, loose gears, pulleys, sprockets, and elevator traction machines; material handling equipment including belt conveyors, stackers, reclaimers, stacker-cum-reclaimers, wagon tipplers, truck loaders, crushers, feeders, idlers, aprons, vibrating screens, ship loaders/unloaders, bucket wheel excavators, and cable reeling drums; as well as alternate energy products like wind turbine generators and ferrous/non-ferrous foundry castings, with additional services for erection, commissioning, gearbox repair, and turnkey material handling projects. Elecon serves customers in India and exports to over 60 countries through subsidiaries and group companies such as Radicon Transmission UK Limited, Elecon Singapore Pte. Limited, Elecon Middle East FZE, Benzler System AB (Sweden), Radicon Drive Systems Inc. (US), Eimco Elecon (India) Ltd., Elecon Hydraulics, and associates like Elecon-Privodnaya Mehanika (Russia). In recent developments, Elecon has continued to secure significant orders, including prestigious contracts from NTPC and Tecpro Systems in 2012 that bolstered its material handling portfolio, alongside ongoing large-scale project executions such as coal handling plants for thermal power projects and steel plants; more recently, as of 2025, the company announced an interim dividend of ₹0.50 per share with a record date of October 16 and payment from November 3, reflecting strong financial health with trailing twelve-month revenue of approximately ₹23.95 billion and net income of ₹5.17 billion. Strategic expansions include a historical acquisition in October 2010 of the Benzlers-Radicon Group from UK-based David Brown Ltd., enhancing its global power transmission capabilities, while recent initiatives emphasize investments in R&D (around 5% of revenue), digital capabilities like data analytics, AI/IoT integration for manufacturing efficiency, and diversification into robotics, automation, and renewable energy solutions amid robust revenue growth to ₹2,395 crore and profits of ₹517 crore. These efforts underscore Elecon's focus on operational excellence, sustainability, and market leadership in engineering solutions across domestic and international operations.