Elecon Engineering Company Limited (ELECON.NS)
Vallabh Vidyanagar, IN
Elecon Engineering Company Limited specializes in the production and global distribution of power transmission and material handling machinery. Its business activities are categorized into two primary divisions: Material Handling Equipment and Transmission Equipment. The Transmission Equipment division offers a comprehensive array of gearboxes, including helical, bevel helical, planetary, worm, high-speed, and specialized models for wind turbines and marine applications, alongside custom-engineered solutions. This segment also supplies loose gears, vertical roller mill drives, and a variety of industrial couplings such as geared, flexible, fluid, scoop-controlled variable speed fluid, and torsion shaft types, in addition to elevator traction machines. Within its Material Handling Equipment segment, Elecon delivers systems for processing raw materials, alongside specialized machinery like stackers, scrapers, reclaimers, bagging and weighing apparatus, wagon and truck loading systems, crushers, wagon tipplers with complementary gear, feeders, idlers, pulleys, magnetic separators, weighers, detectors, port-specific equipment, and cable reeling drums. Beyond its core manufacturing, the company also operates a ferrous and non-ferrous foundry, develops alternative energy products, and extends its service offerings to include repair and refurbishment for gearboxes, as well as support services for material handling equipment. Its diverse clientele spans sectors such as cement, sugar, defense, steel, mining, power generation, plastics, chemicals, palm oil, paper, rubber, marine, and fertilizer production, in addition to serving crane manufacturers, material handling operations, wind power facilities, and ports. Established in 1951, the firm maintains its headquarters in Vallabh Vidyanagar, India.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.19% | -10.84% | +21.27% | +15.83% | -6.92% | +4.47% | -24.82% | +93.89% | +1,079.80% | +1,519.81% | +1,324.38% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 1 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Industrial - Machinery: +7.4%+6.3% Q2'26: +6.1% (vs Q2'25)
-
EPS growth Industrial - Machinery: +15.6%-17.8% Q2'26: -59.8% (vs Q2'25)
-
FCF margin FCF growth · Industrial - Machinery: +38.2%+9.5% Q2'26: +0.0% (vs Q2'25)
-
EBIT margin Industrial - Machinery: +10.0%+20.3% ★ Q2'26: +15.2% (vs Q2'25)
-
ROIC Industrial - Machinery: +6.8%+20.9% ★ Q2'26: +13.8% (vs Q2'25)
-
Share dilution Industrial - Machinery: +0.0%+0.0% Q2'26: +0.0% (vs Q2'25)
-
Debt / EBITDA Net debt/EBITDA · Industrial - Machinery: -0.65×0.47× ★ Q2'26: 0.62× (vs Q2'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2007 actual |
Mar 2009 actual |
Mar 2010 actual |
Mar 2011 actual |
Mar 2012 actual |
Mar 2014 actual |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 2 Rev. Ana. 2 EPS Ana. |
Mar 2027 1 Rev. Ana. 1 EPS Ana. |
Mar 2028 2 Rev. Ana. 2 EPS Ana. |
Mar 2029 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
6.69B
est: 7.01B (-4.6%)
|
7.90B
est: 10.61B (-25.6%)
|
9.72B
est: 10.77B (-9.8%)
|
12.88B
est: 12.67B (+1.6%)
|
16.13B
est: 15.75B (+2.4%)
|
12.93B
est: 13.98B (-7.5%)
|
13.29B
est: 12.50B (+6.3%)
|
12.85B
est: 12.50B (+2.9%)
|
12.02B
est: 13.28B (-9.5%)
|
11.80B
est: 13.24B (-10.9%)
|
12.25B
est: 17.10B (-28.4%)
|
10.88B
est: 20.10B (-45.8%)
|
10.44B
est: 14.74B (-29.1%)
|
12.12B
est: 12.52B (-3.2%)
|
15.30B
est: 15.23B (+0.4%)
|
19.37B
est: 20.08B (-3.5%)
|
22.27B
est: 21.29B (+4.6%)
|
25.08B
24.89B – 25.27B
+17.8% YoY
|
26.09B
25.93B – 26.25B
+4.0% YoY
|
30.60B
30.26B – 30.94B
+17.3% YoY
|
39.87B
39.63B – 40.11B
+30.3% YoY
|
| EBITDA |
1.18B
est: 1.51B (-21.7%)
|
1.59B
est: 1.17B (+35.7%)
|
1.75B
est: 689.70M (+153.7%)
|
2.12B
est: 886.13M (+139.5%)
|
2.17B
est: 1.48B (+46.3%)
|
1.63B
est: 1.32B (+23.7%)
|
1.72B
est: 264.27M (+549.9%)
|
1.73B
est: 397.39M (+335.3%)
|
1.65B
est: 505.89M (+226.9%)
|
1.24B
est: 2.85B (-56.4%)
|
1.40B
est: 3.68B (-61.9%)
|
1.36B
est: 853.25M (+59.3%)
|
1.81B
est: 3.18B (-43.0%)
|
2.49B
est: 2.70B (-7.7%)
|
3.33B
est: 3.28B (+1.6%)
|
4.72B
est: 6.29B (-25.0%)
|
5.28B
est: 6.27B (-15.8%)
|
7.39B
7.34B – 7.45B
+17.8% YoY
|
7.69B
7.64B – 7.74B
+4.0% YoY
|
9.02B
8.92B – 9.12B
+17.3% YoY
|
11.75B
11.68B – 11.82B
+30.3% YoY
|
| EBIT |
1.06B
est: 1.32B (-19.5%)
|
1.36B
est: 1.47B (-7.2%)
|
1.41B
est: 1.29B (+9.6%)
|
1.72B
est: 1.37B (+25.3%)
|
1.68B
est: 1.78B (-5.4%)
|
1.02B
est: 1.58B (-35.8%)
|
1.00B
est: 859.42M (+16.6%)
|
1.12B
est: 1.12B (-0.3%)
|
1.13B
est: 954.40M (+18.7%)
|
728.32M
est: 2.49B (-70.7%)
|
940.43M
est: 3.21B (-70.7%)
|
913.89M
est: 882.11M (+3.6%)
|
1.38B
est: 2.77B (-50.1%)
|
2.09B
est: 2.35B (-11.1%)
|
2.94B
est: 2.86B (+2.7%)
|
4.30B
est: 6.44B (-33.2%)
|
4.91B
est: 5.22B (-5.9%)
|
6.15B
6.10B – 6.19B
+17.8% YoY
|
6.40B
6.36B – 6.44B
+4.0% YoY
|
7.50B
7.42B – 7.58B
+17.3% YoY
|
9.78B
9.72B – 9.84B
+30.3% YoY
|
| Net Income |
549.03M
est: 1.42B (-61.3%)
|
574.51M
est: 831.01M (-30.9%)
|
661.75M
est: 583.63M (+13.4%)
|
899.58M
est: 778.83M (+15.5%)
|
605.35M
est: 1.12B (-45.9%)
|
137.33M
est: 995.40M (-86.2%)
|
163.44M
est: 124.33M (+31.5%)
|
373.69M
est: 173.68M (+115.2%)
|
107.50M
est: 328.29M (-67.3%)
|
74.85M
est: 213.18M (-64.9%)
|
701.09M
est: 4.04B (-82.6%)
|
897.02M
est: 668.09M (+34.3%)
|
576.31M
est: 1.47B (-60.8%)
|
1.40B
est: 1.29B (+8.9%)
|
2.38B
est: 2.77B (-14.3%)
|
3.56B
est: 3.48B (+2.3%)
|
4.15B
est: 3.97B (+4.5%)
|
4.02B
3.85B – 4.20B
+1.3% YoY
|
3.97B
3.94B – 4.00B
-1.3% YoY
|
4.93B
4.81B – 5.05B
+24.0% YoY
|
6.62B
6.57B – 6.67B
+34.4% YoY
|
| SGA |
908.06M
est: 801.57M (+13.3%)
|
1.23B
est: 1.78B (-31.0%)
|
1.17B
est: 1.56B (-24.9%)
|
1.67B
est: 1.87B (-10.5%)
|
1.93B
est: 3.02B (-36.4%)
|
3.28B
est: 2.69B (+21.9%)
|
1.82B
est: 3.40B (-46.5%)
|
1.84B
est: 3.50B (-47.5%)
|
1.83B
est: 2.89B (-36.9%)
|
1.64B
est: 2.47B (-33.5%)
|
1.64B
est: 3.55B (-53.8%)
|
1.51B
est: 2.92B (-48.2%)
|
1.34B
est: 1.69B (-20.4%)
|
1.43B
est: 1.43B (+0.1%)
|
1.74B
est: 1.74B (0.0%)
|
2.08B
est: 2.30B (-9.3%)
|
2.31B
est: 1.89B (+22.5%)
|
2.22B
2.21B – 2.24B
+17.8% YoY
|
2.31B
2.30B – 2.33B
+4.0% YoY
|
2.71B
2.68B – 2.74B
+17.3% YoY
|
3.54B
3.51B – 3.56B
+30.3% YoY
|
| EPS |
2.96
est: 6.33 (-53.2%)
|
3.09
est: 7.07 (-56.3%)
|
3.56
est: 7.27 (-51.0%)
|
4.84
est: 8.05 (-39.9%)
|
3.26
est: 7.35 (-55.7%)
|
0.63
est: 2.22 (-71.6%)
|
0.75
est: 0.43 (+76.5%)
|
1.67
est: 0.43 (+292.9%)
|
0.48
est: 0.37 (+30.9%)
|
0.33
est: 0.95 (-65.3%)
|
3.12
est: 18.00 (-82.7%)
|
4.00
est: 21.50 (-81.4%)
|
2.57
est: 6.55 (-60.8%)
|
6.26
est: 5.75 (+8.9%)
|
10.58
est: 12.35 (-14.3%)
|
15.85
est: 15.49 (+2.3%)
|
18.50
est: 17.70 (+4.5%)
|
17.93
17.17 – 18.69
+1.3% YoY
|
17.70
17.56 – 17.84
-1.3% YoY
|
21.95
21.41 – 22.49
+24.0% YoY
|
29.50
29.27 – 29.73
+34.4% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-11 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-08 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-07 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-06 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-05 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-04 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-04-30 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-04-29 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-28 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-27 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-24 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-22 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-21 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-20 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-17 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-16 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Vanguard FTSE Emerging Markets Shares ETF VGE.AX | 0.00% | 50.9K | 0.48% |
| 2 | Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO | 0.00% | 114.7K | 0.26% |
| 3 | Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO | 0.00% | 9.1K | 0.22% |
| 4 | Vanguard All-Equity ETF Portfolio VEQT.TO | 0.00% | 27.4K | 0.22% |
| 5 | Vanguard Growth ETF Portfolio VGRO.TO | 0.00% | 14.7K | 0.22% |
| 6 | Vanguard Balanced ETF Portfolio VBAL.TO | 0.00% | 6.5K | 0.22% |
| 7 | Vanguard Conservative ETF Portfolio VCNS.TO | 0.00% | 749.68 | 0.22% |
| 8 | Vanguard Retirement Income ETF Portfolio VRIF.TO | 0.00% | 246.34 | 0.31% |
| 9 | Vanguard Conservative Income ETF Portfolio VCIP.TO | 0.00% | 117.31 | 0.22% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Prayasvin Bhanubhai Patel | Non-Independent Executive Chairman & MD | 227M | male |
| Chintan Shah | Chief Financial Officer | — | male |
| Dipak S. Dalwadi | Business Head of Gear Division | — | male |
| Bhartiben Lalitkumar Isarani | Company Secretary & Compliance Officer | — | female |
| Man Mohan Nanda | Business Head of Gear Division | — | male |
| Pravin Kumar Bhasin | Business Head of MHE Division | — | male |
| Kaushik Patel | Business Head of MHE Division | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for ELECON.NS
Short-term intention
Target Price Distribution
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