Elecon Engineering Company

₹431.65As of Sun 8 Nov 2026, 12:00 UTC

NSE:ELECONIndustrials

Country India

PE (Fwd) 22.92

TSR 10Y CAGR 29.60%

Div yield 0.46%

ROE —

Specialty Industrial Machinery

Beta (5Y) 0.61

PE TTM 28.39

TSR TTM (22.82%)

Mkt cap ₹96.36B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹491

13.79%

(61.05%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

23.66

Revenue₹B

—

12.12

15.30

19.37

22.27

23.66

26.31

18.20%

6.25

Revenue growth%

—

26.22

26.66

14.94

6.25

11.19

20.58

—

43.16

Gross margin%

—

43.85

43.52

45.55

44.51

43.16

43.15

43.85

17.89

Operating margin%

—

17.25

19.22

22.20

22.05

17.89

17.96

19.22

14.42

Net margin%

—

11.59

15.53

18.35

18.64

14.42

14.54

15.53

28.39

P/E ratio (avg)x

—

12.14

14.84

25.12

31.69

34.07

25.32

25.12

22.88

EV/EBITx

—

8.161

11.99

20.76

26.79

27.45

20.50

20.76

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

15.20

EPS₹

—

6.26

10.58

15.85

18.50

15.20

17.05

24.83%

—

(17.81)

EPS growth%

—

69.06

49.71

16.74

(17.81)

12.14

33.23

—

Bookvalue per sh₹

—

FCF per share₹

—

2.00

Dividend per sh₹

—

0.50

1.00

1.50

2.00

2.12

41.42%

—

0.46

Div yield (avg)%

—

0.66

0.64

0.38

0.34

0.39

0.49

0.39

13.16

Payout ratio%

—

7.99

9.45

9.47

10.81

13.16

12.42

9.47

224.4

Shares (diluted)M

—

224.4

◌224.4

—

Buyback yield%

—

◌—

—

D/E ratiox

—

96.86

Enterprise value₹B

—

17.06

35.24

89.33

131.5

116.2

96.86

61.56%

—

LT debt₹M

—

Peers (US$1.001B)

Cap (US$)

Inox Wind Limited

1.193B

26.15x

KSB Limited

1.165B

45.79x

Kirloskar Pneumatic…

841.3M

30.54x

Jiangsu Libert INC.

1.009B

40.75x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

17.00

37.50

Own earn%

—

Sh yield%

0.46

0.38

Owners

Insiders/Inst%

6.62

11.13

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

3/4

Dividend streakyrs

Op margin range%

17–22

$1 testx

—

Incr. ROIC%

—

Elecon Engineering Company Limited manufactures and sells industrial gears and material handling equipment in India and internationally. The company operates in two segments, Material Handling Equipment and Transmission Equipment. It offers helical and bevel helical, planetary, worm, wind turbine, marine, and custom-built gear boxes; and customized gear boxes, loose gears, and couplings.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹23.66B

18.20%

1.00×

Cost of revenue

₹13.45B

18.56%

1.01×

Operating expenses

₹5.979B

16.70%

0.95×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m