Elecon Engineering Company Ltd (ELECON)
₹615.35
Analyst Rating
based on 1 analysts
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 ₹803
Source: S&P Global Market Intelligence
Elecon Engineering Company Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹611.25₹633.1552 Week's Low
52 Week's High
₹346.08₹716.75
| Returns % | |
| 1 Month Return | -4.18 % |
| 3 Month Return | + 9.67 % |
| 1 Year Return | + 71.43 % |
| Market Stats | |
| Previous Close | ₹629.80 |
| Open | ₹629.80 |
| Volume | 4.32L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹14,132.71Cr |
Key Statistics
| P/E Ratio | 39.7 |
| PEG Ratio | 10.13 |
| Market Cap | ₹14,132.71 Cr |
| P/B Ratio | 7.91 |
| EPS | 15.845 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹14,132.71 Cr | 634.34% | 0.52 | ₹355 Cr | ₹1,937 Cr |
 | BUY | ₹21,226.57 Cr | 82.73% | 0.54 | ₹311 Cr | ₹3,217 Cr |
 | NA | ₹317.86 Cr | 118.95% | 0.51 | ₹9 Cr | ₹46 Cr |
 | NA | ₹1,900.32 Cr | 120.64% | 0.50 | ₹35 Cr | ₹179 Cr |
| NA | ₹167.44 Cr | 75.76% | 0.55 | NA | NA |
Company Information
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: ₹615.35 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹14,132.71Cr as of today
Revenue: ₹392.36Cr as on June 2024 (Q2 24)
Net Profit: ₹73.36Cr as on June 2024 (Q2 24)
Listing date: 31 Oct, 1995
Chairperson Name: Prayasvin B Patel
| Organisation | Elecon Engineering Company Ltd |
| Headquarters | Vallabh Vidyanagar |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
Key events for Elecon Engineering Company Ltd
Elecon Engineering Reports Q1 Earnings and Records Surge in Volume - 19 Jul, 2024
Elecon Engineering reported its Q1 2025 earnings with an EPS of ₹6.54, while recording a surge in trading volume on the NSE. The company's revenue decreased by 5.3% YoY, but profit margin increased to 19%. Elecon Engineering gained 1.88% to close at Rs.652.40.
Elecon Engineering Shares Plunge on Weak Q1 Results - 18 Jul, 2024
Elecon Engineering reported a decline in Q1FY25 revenue by 5%, leading to a sharp sell-off and a 17% drop in share prices. The company attributed this decline to weak order inflows caused by general elections during the quarter. However, Elecon Engineering expects demand uptick in remaining nine months of FY25. Consolidated net profit edged up 0.5%.
Elecon Engineering's Stock Sees Impressive Growth - 12 Jul, 2024
Elecon Engineering has seen a significant increase in its stock price by 33% over the past three months. The company's ROE is higher than the industry average, and it has shown impressive net income growth of 40% over the last five years. However, analysts predict a slowdown in future earnings growth.
Elecon Engineering Stock Falls as Volume Spikes - 08 Jul, 2024
Elecon Engineering Company Ltd's stock falls by 6.91% to Rs.1,281.55 as its trading volume spikes to 17.86 lakh shares, which is almost six times higher than the two-week average daily volume.
Insights on Elecon Engineering Company Ltd
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 1.30% to 1.85% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, ELECON stock has moved up by 789.2%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 7.58% to 9.10% in Jun 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 59.27% of holdings in Jun 2024 quarter
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 580.13 Cr → 409.25 Cr (in ₹), with an average decrease of 29.5% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 103.65 Cr → 73.36 Cr (in ₹), with an average decrease of 29.2% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 30.85% to 29.07% in Jun 2024 quarter
Company Financials
| Q'2 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹392.36Cr | ↓30.51% |
Net Income | ₹73.36Cr | ↓29.22% |
Net Profit Margin | 18.70% | ↑1.85% |
| 2024 | Y/Y Change | |
|---|---|---|
Revenue | ₹1,937.42Cr | ↑26.66% |
Net Income | ₹355.58Cr | ↑49.71% |
Net Profit Margin | 18.35% | ↑18.16% |
| 2024 | Y/Y Change | |
|---|---|---|
Total Assets | ₹1,766.54Cr | ↑24.16% |
Total Liabilities | ₹419.03Cr | ↑22.03% |
| 2024 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹235.45Cr | ↓20.01% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 59.27% | 0.00 | |
| Foreign Institutions | 9.1% | 20.06 | |
| Mutual Funds | 1.85% | 41.54 | |
| Retail Investors | 29.07% | ||
| Others | 0.71% |
Key Indicators
Elecon Engineering Company Ltd Valuation
Elecon Engineering Company Ltd in the last 5 years
Lowest (-70.07x)
January 23, 2018
Today (39.70x)
July 23, 2024
Industry (86.96x)
July 23, 2024
Highest (128.13x)
April 20, 2018
Earnings and Dividends
Elecon Engineering Company Ltd Earnings Results
Elecon Engineering Company Ltd’s net profit jumped 0.55% since last year same period to ₹73.36Cr in the Q1 2024-2025. On a quarterly growth basis, Elecon Engineering Company Ltd has generated -29.22% fall in its net profits since last 3-months.
Read More about Earnings ResultsElecon Engineering Company Ltd Dividends April,2024
In the quarter ending March 2024, Elecon Engineering Company Ltd has declared dividend of ₹2 - translating a dividend yield of 0.79%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Elecon Engineering Company Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Elecon Engineering Company Ltd (ELECON) share price today is ₹615.35
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 ₹633.15.
- Today’s lowest price of Elecon Engineering Company Ltd is ₹611.25.
PE Ratio of Elecon Engineering Company Ltd is 39.7
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 4.32L.
Today’s market capitalisation of Elecon Engineering Company Ltd(ELECON) is ₹14132.71Cr.
| Elecon Engineering Company Ltd(ELECON | Price |
|---|---|
52 Week High | ₹716.75 |
52 Week Low | ₹346.08 |
Elecon Engineering Company Ltd(ELECON) share price is ₹615.35. It is down -14.15% from its 52 Week High price of ₹716.75
Elecon Engineering Company Ltd(ELECON) share price is ₹615.35. It is up 77.81% from its 52 Week Low price of ₹346.08
| Elecon Engineering Company Ltd(ELECON | Returns |
|---|---|
1 Day Returns | -14.45% |
1 Month Returns | -4.18% |
3 Month Returns | 9.67% |
1 Year Returns | 71.43% |