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Elecon Engineering Company Ltd share price logo

Elecon Engineering Company Ltd

(ELECON)

₹630.051.28%

as on 04:01PM, 05 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Elecon Engineering Company Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Elecon Engineering Company Ltd. An average target of ₹670

Source: S&P Global Market Intelligence

Elecon Engineering Company Ltd Share analysis

Elecon Engineering Company Ltd price forecast by 1 analysts

Upside of4.97%

High

₹670

Target

₹670.00

Low

₹670

Elecon Engineering Company Ltd target price ₹670, a slight upside of 4.97% compared to current price of ₹630.05. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Elecon Engineering Company Ltd Performance

  • Day's Low

    Day's High

    ₹624.1
    ₹648.6
  • 52 Week's Low

    52 Week's High

    ₹395.15
    ₹739.1
1 Month Return+ 10.06 %
3 Month Return+ 1.76 %
1 Year Return+ 36.67 %
Previous Close₹638.25
Open₹646.50
Volume3.87L
Upper Circuit-
Lower Circuit-
Market Cap₹14,322.33Cr

Elecon Engineering Company Ltd Key Statistics

P/E Ratio40.32
PEG Ratio14.32
Market Cap₹14,322.33 Cr
P/B Ratio7.91
EPS15.8451584515845
Dividend Yield0.32
SectorCapital Goods-Non Electrical Equipment
ROE24.98

Elecon Engineering Company Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹14,322.33 Cr759.3%0.52₹355 Cr₹1,937 Cr
NA₹228.30 Cr104.87%0.60-₹2 Cr₹123 Cr
NA₹18,630.13 Cr344.87%0.55₹339 Cr₹4,001 Cr
NA₹747.77 Cr81.08%0.52₹22 Cr₹137 Cr
NA₹2,730.96 Cr0.69%0.75₹40 Cr₹967 Cr

About Elecon Engineering Company Ltd

Elecon Engineering Company Ltd is an Indian engineering company incorporated in 1951. It is one of the leading engineering companies in the country and has been at the forefront of the Indian engineering industry for more than six decades. Elecon Engineering Company Ltd is involved in the manufacture and supply of a wide range of products and services in the engineering sector. Its operations cover a wide range of industries including power, steel, cement, sugar, mining, construction, and oil & gas.

Elecon Engineering Company Ltd is known for its industrial gearboxes, material handling systems, and automation and control systems. It is also the manufacturer of some of the most popular brands in the engineering industry, such as Elecon, Econ, and Elecon Power. The company also offers a range of services such as engineering design, installation, commissioning, and maintenance.

Share Price: ₹630.05 per share as on 05 Dec, 2024 04:01 PM
Market Capitalisation: ₹14,322.33Cr as of today
Revenue: ₹508.14Cr as on September 2024 (Q3 24)
Net Profit: ₹87.72Cr as on September 2024 (Q3 24)
Listing date: 31 Oct, 1995
Chairperson Name: Prayasvin B Patel
OrganisationElecon Engineering Company Ltd
HeadquartersVallabh Vidyanagar
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Key events for Elecon Engineering Company Ltd

  • Elecon Engineering Shows Strong Uptrend Potential - 05 Dec, 2024

    Elecon Engineering Company is experiencing a sustainable uptrend with a breakout above Rs 600-620 levels. Positive chart patterns and RSI indicators suggest potential for further gains, targeting Rs 700 in 3-5 weeks. A buy recommendation is given at Rs 639, with a stoploss at Rs 595.
  • Brokerage Issues Buy Call for Elecon Engineering - 03 Dec, 2024

    A brokerage has issued a buy recommendation for Elecon Engineering Company Ltd, setting a target price of Rs 700, indicating a potential upside of 13.32% with a stop loss at Rs 548.

Insights on Elecon Engineering Company Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 73.36 Cr → 87.72 Cr (in ₹), with an average increase of 16.4% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 9.10% to 9.84% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, ELECON stock has moved up by 559.7%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 409.25 Cr → 521.7 Cr (in ₹), with an average increase of 21.6% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.85% to 1.96% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 59.27% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 29.07% to 27.91% in Sep 2024 quarter

Elecon Engineering Company Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹484.90Cr (-)₹473.56Cr (↓2.34%)₹564.62Cr (↑19.23%)₹392.36Cr (↓30.51%)₹508.14Cr (↑29.51%)
Net Income₹88.57Cr (-)₹90.40Cr (↑2.07%)₹103.65Cr (↑14.66%)₹73.36Cr (↓29.22%)₹87.72Cr (↑19.57%)
Net Profit Margin18.27% (-)19.09% (↑4.49%)18.36% (↓3.82%)18.70% (↑1.85%)17.26% (↓7.70%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,718.05Cr (-)₹1,445.08Cr (↓15.89%)₹1,422.74Cr (↓1.55%)₹1,766.54Cr (↑24.16%)
Total Liabilities₹898.68Cr (-)₹537.53Cr (↓40.19%)₹343.38Cr (↓36.12%)₹419.03Cr (↑22.03%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹170.49Cr (-)₹219.50Cr (↑28.75%)₹177.71Cr (↓19.04%)₹294.34Cr (↑65.63%)₹235.45Cr (↓20.01%)

Index Inclusions

Nifty Smallcap 250

₹18,230.40

0.48 (86.85%)

Nifty 500

₹23,277.95

0.77 (178.45%)

Nifty MidSmallcap 400

₹20,435.95

0.45 (91.15%)

Elecon Engineering Company Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
59.27%
0.00
Foreign Institutions
9.84%
8.16
Mutual Funds
1.96%
6.34
Retail Investors
27.91%
-4.00
Others
1.01%
42.81

Elecon Engineering Company Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)42.576.2610.5915.85
Details20202021202220232024
Return On Equity %9.524.5311.0618.9424.98
Details20202021202220232024
Return On Assets %4.593.359.7216.6920.13
Details20202021202220232024
Book Value Per Share (₹)38.0840.9746.85771.48

Elecon Engineering Company Ltd Valuation

Elecon Engineering Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-70.07x)

January 23, 2018

Today (40.32x)

December 4, 2024

Industry (67.10x)

December 4, 2024

Highest (128.13x)

April 20, 2018

LowHigh

Elecon Engineering Company Ltd Earnings and Dividends

  • Elecon Engineering Company Ltd Earnings Results

    Elecon Engineering Company Ltd’s net profit fell -0.96% since last year same period to ₹87.72Cr in the Q2 2024-2025. On a quarterly growth basis, Elecon Engineering Company Ltd has generated 19.57% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Elecon Engineering Company Ltd Dividends October,2024

    In the quarter ending September 2024, Elecon Engineering Company Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.56%.

    Read More about Dividends

Elecon Engineering Company Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Elecon Engineering Company Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Elecon Engineering Company Ltd

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Elecon Engineering Company Ltd (ELECON) share price today is ₹630.05

Elecon Engineering Company Ltd is listed on NSE

Elecon Engineering Company Ltd is listed on BSE

  • Today’s highest price of Elecon Engineering Company Ltd is ₹648.6.
  • Today’s lowest price of Elecon Engineering Company Ltd is ₹624.1.

PE Ratio of Elecon Engineering Company Ltd is 40.32

PE ratio = Elecon Engineering Company Ltd Market price per share / Elecon Engineering Company Ltd Earnings per share

Today’s traded volume of Elecon Engineering Company Ltd(ELECON) is 3.87L.

Today’s market capitalisation of Elecon Engineering Company Ltd(ELECON) is ₹14322.33Cr.

Elecon Engineering Company Ltd(ELECONPrice
52 Week High
₹739.1
52 Week Low
₹395.15

Elecon Engineering Company Ltd(ELECON) share price is ₹630.05. It is down -14.75% from its 52 Week High price of ₹739.1

Elecon Engineering Company Ltd(ELECON) share price is ₹630.05. It is up 59.45% from its 52 Week Low price of ₹395.15

Elecon Engineering Company Ltd(ELECONReturns
1 Day Returns
-8.2%
1 Month Returns
10.06%
3 Month Returns
1.76%
1 Year Returns
36.67%