Elecon Engineering Co Ltd

505700

Summary

Fair Value Assessment
Fairly Valued
Fair ValueQ450.31UncertaintyHigh
Close Price437.60Feb 27, 2025
412.90
Price Down by 24.70 | 5.64 %
Previous Close
437.60
Day Range
408.40 – 435.10
Year Range
395.05 – 738.85
Bid / Ask
412.50 × 413.75
Market Cap
93.1 Bil
Volume / Average
38.7 k / 31.7 k
Beta
Shares Outstanding
224.40 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
Contact
Anand Sojitra Road, Vallabh Vidyanagar, GJ 388120
T +91 2692238701
www.elecon.com opens in a new tab
Sector
Industrials
Industry
Specialty Industrial Machinery
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
687

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
19.63 19.07 15.01 11.93 10.36 10.72
Revenue Growth %
10.97% 26.99% 25.86% 15.16% -3.36% -11.24%
Gross Profit
9.32 8.88 6.66 5.40 4.74 4.26
Gross Profit Margin %
47.48% 46.59% 44.34% 45.27% 45.73% 39.77%
Operating Income
4.37 4.32 2.94 2.26 2.51 1.18
Operating Margin %
22.28% 22.68% 19.56% 18.92% 24.22% 11.00%
EBIT
4.72 4.55 3.07 2.06 1.39 0.94
EBIT Margin %
24.07% 23.88% 20.45% 17.27% 13.41% 8.78%
EBITDA
5.27 5.06 3.56 2.55 1.91 1.47
EBITDA Margin %
26.82% 26.55% 23.72% 21.34% 18.44% 13.75%
Net Income
3.72 3.56 2.37 1.40 0.58 0.90
Net Profit Margin %
18.96% 18.65% 15.82% 11.78% 5.56% 8.37%
Basic EPS
16.59 15.85 10.59 6.26 2.57 4.00
Diluted EPS
16.59 15.85 10.59 6.26 2.57 4.00
Normalized EPS
16.37 15.30 10.40 6.71 3.22 4.43
Total Dividends per Share
1.50 1.50 0.70 0.20 0.10
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
23.47 21.24 17.32 17.18 19.93 21.35
Total Liabilities
5.93 5.20 4.53 6.68 10.73 12.81
Total Debt
1.18 0.70 0.52 1.51 3.35 4.83
Total Equity
17.54 16.04 12.79 10.50 9.19 8.54
Cash And Cash Equivalents
0.98 1.10 0.82 0.84 0.96 0.77
Working Capital
8.89 8.18 5.35 3.47 2.95 2.21
Shares Outstanding (Bil)
0.22 0.22
Book Value Per Share
71.48 57.00 46.80 40.96 38.07
Total Debt To Equity
0.07 0.04 0.04 0.14 0.36 0.57
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
3.14 3.65 3.10 2.50 2.48 2.22
Cash From Investing Activities
-2.77 -2.79 -1.67 -0.12 -0.19 -0.25
Cash From Financing Activities
-0.56 -0.59 -1.45 -2.50 -2.10 -1.76
Capital Expenditures
0.31 0.47 0.49 0.04 0.14
Free Cash Flow
3.68 2.23 1.78 1.70 0.62
Change in Cash
-0.18 0.27 -0.02 -0.12 0.19 0.21

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Prayasvin Bhanubhai Patel (66) Chairman of the Board and Managing Director
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
Franklin India Smaller Comp Gr 1.06 0.98 2,375,380
Jan 31, 2025
Vanguard Total Intl Stock Index Inv 0.56 0.00 1,259,177
Jan 31, 2025
HDFC Multi Cap Reg Gr 0.53 0.40 1,200,000
Jan 31, 2025
Vanguard Emerging Mkts Stock Idx Inv 0.51 0.01 1,145,308
Jan 31, 2025
Aditya BSL-Indiv Multiplier 0.45 1.40 1,000,699
73,023
7.87%
Dec 31, 2024
Total (for Top 5) 3.11 6,980,564
73,023

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