Elecon Engineering Company Limited

Capital Goods · Electrical Equipment

NSE: ELECON BSE: 505700
₹461.80
▼ -18.60 (-3.87%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
77/100
Strong
Valuation
15/100
Expensive
Momentum
69/100
Neutral

QVM read Quality business Quality Strong, Valuation Expensive, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

Elecon Engineering Company Limited is an Indian multinational company headquartered in Anand, Gujarat. The company specializes in the manufacturing of industrial gear and material handling equipment. Elecon is one of the largest Asian manufacturers of industrial gears and material handling equipment for core major sector like power, steel, cement, sugar, paper, mining, rubber and many more. Elecon group has subsidiaries such as Eimco Elecon Ltd, Elecon Hydraulics, Elecon Information Technology Ltd (EITL) and Tech Elecon Pvt. Ltd. (TEPL).

Source: Wikipedia

Key Metrics

Market Capitalization
₹10,363 Cr
PE (TTM)
35.0
Industry median 33.8 (82 companies)
Price to Book
4.5
PEG (TTM)
-0.8
Institutions holding %
14.17%
FII + DII, latest filed period
Piotroski Score
5
Relative return vs Nifty50, qtr %
-9.9
Relative return vs Sector, qtr %
-3.5
Free Cash Flow
₹195 Cr
as of March 31, 2026
Industry median ₹-2 Cr (102 companies)
EPS Growth (YoY)
-75.49%
as of June 30, 2026
Industry median 14.68% (91 companies)
Net Profit Growth (TTM)
-43.39%
as of June 30, 2026
Industry median 15.68% (84 companies)
Operating Revenue Growth (TTM)
0.83%
as of June 30, 2026
Industry median 18.02% (84 companies)
Profit Growth (YoY)
-75.49%
as of June 30, 2026
Industry median 20.65% (88 companies)
Revenue Growth (YoY)
-2.89%
as of June 30, 2026
Industry median 23.99% (87 companies)
Current Ratio
2.94
as of March 31, 2026
Industry median 1.82 (100 companies)
Debt to Equity
0.00
as of March 31, 2026
Industry median 0.16 (96 companies)
Interest Coverage
16.46
as of June 30, 2026
Industry median 8.46 (94 companies)
Net Margin
14.71%
as of June 30, 2026
Industry median 9.17% (94 companies)
Operating Margin (EBIT)
21.72%
as of June 30, 2026
Industry median 13.90% (96 companies)
Operating Margin (TTM)
20.96%
as of June 30, 2026
Industry median 13.57% (94 companies)
Return on Assets
10.55%
as of March 31, 2026
Industry median 6.48% (88 companies)
Return on Capital Employed
18.64%
as of March 31, 2026
Industry median 16.91% (90 companies)
Return on Equity
14.79%
as of March 31, 2026
Industry median 12.09% (88 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

3 of 8 met
  • No Net profit is higher than a year earlier in each of the last 4 quarters
  • No Revenue is higher than a year earlier in each of the last 4 quarters
  • Yes Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 5)
  • Yes Debt to equity is below 0.5 (0.00)
  • No Return on equity is 15% or more (14.8%)
  • No Net cash flow for the latest year is positive
  • Yes Cash from operations is higher than the year before

Ownership

4 of 4 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)
  • Yes Insiders have not sold in the past 3 months (no open-market sale filed in the last 3 months)

Peer comparison

0 of 3 met
  • No 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • No Profit growth beats the industry median

Value and momentum

0 of 6 met
  • No Price sits in the Buy zone of its own historical PE range (Fair Value Zone)
  • No Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
-3.9%
Low 460.0000 · High 487.2000
1W return
-1.0%
Low 448.6000 · High 489.5000
1M return
12.1%
Low 402.4000 · High 489.5000
52W return
-21.3%
Low 352.0000 · High 626.0000
Lifetime High ₹1376.7000 (July 5, 2024)
Lifetime Low ₹17.1000 (March 24, 2020)

Full price history and technicals →

EMA & SMA

Bullish5
Bearish1
5D
464.5
10D
453.6
20D
443.0
50D
444.7
100D
452.8
200D
455.8

Delivery and volume

Day avg. delivery
45.0%
Week avg. delivery
18.8%
Month avg. delivery
12.0%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

469.67
Pivot
First resistance479.33
Second resistance496.87
Third resistance506.53
First support452.13
Second support442.47
Third support424.93
Day RSI58.4
Day MFI94.7
Day MACD9.25
Day MACD signal2.45

Beta

1M0.99
3M0.99
1Y1.51
3Y1.56

Price change analysis

↑ 12.1%
Over 1 Month
LowHigh
402.40489.50
↓ -16.0%
Over 3 Months
LowHigh
402.40553.80
↑ 21.1%
Over 6 Months
LowHigh
367.50579.00
↓ -21.3%
Over 1 Year
LowHigh
352.00626.00
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 35.0 (own history: 16.7–49.9)
Fair Value Zone
Revenue (June 30, 2026)
₹398 Cr
Net profit (June 30, 2026)
₹59 Cr
Basic EPS (June 30, 2026)
₹2.6100

Ranks #25 of 95 in Electrical Equipment by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter59.27%
  • Mutual funds5.78%
  • FII/FPI6.99%
  • Other DII1.40%
  • Public26.56%

Largest holders

NameCategoryShares %Shares
Aakaaish Investments Private LimitedPromoter46.6200%104604474
K B Investments Private LimitedPromoter8.6700%19447548
Sundaram Mutual Fund A/C Sundaram Small Cap FundPublic1.9100%4279365
Ajay UpadhyayaPublic1.7800%4000000
Prayasvin Bhanubhai PatelPromoter1.7500%3925864

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 59.27% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings decreased from 7.14% to 6.99% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings increased from 3.47% to 5.78% in Jun 2026 qtr

33 mutual fund schemes also hold this stock.

All shareholding details →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
30 Mar 2026 Pradip Manubhai Patel jointly with Trupti Pardip Patel Director Buy 0 ₹0
30 Mar 2026 Pradip Manubhai Patel Director Sell 0 ₹0
22 Feb 2024 K. B. Investments Private Limited Promoter group Sell 0 ₹0
1 Sep 2023 NEHAL PRADIPKUMAR PATEL Other Buy 0 ₹0
18 Aug 2023 UNNATI NIREN KULUR Other Buy 0 ₹0
18 Aug 2023 NEHAL PRADIPKUMAR PATEL Other Buy 0 ₹0
18 Aug 2023 UNNATI NIREN KULUR Other Buy 0 ₹0
30 Jun 2023 UNNATI NIREN KULUR Other Buy 0 ₹0
30 Jun 2023 NEHAL PRADIPKUMAR PATEL Other Buy 0 ₹0
10 Nov 2022 Devkishan Investments Private Limited Promoter group Sell 0 ₹0

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
23 Sep 2026 MICROCURVES TRADING PRIVATE LIMITED Bulk Buy 1,253,604 463.0900 NSE
23 Sep 2026 MICROCURVES TRADING PRIVATE LIMITED Bulk Sell 1,253,604 463.4300 NSE
12 Jun 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Buy 740,661 1304.2100 NSE
12 Jun 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Sell 740,661 1305.7100 NSE
28 Dec 2021 HDFC MUTUAL FUND-HDFC MULTI CAP FUND Bulk Buy 2,020,682 176.8000 NSE
28 Dec 2021 HDFC MUTUAL FUND-HDFC EQUITY SAVINGS FUND Bulk Sell 1,857,100 176.8000 NSE
1 Jul 2021 HRTI PRIVATE LIMITED Bulk Buy 611,119 136.0900 BSE
1 Jul 2021 HRTI PRIVATE LIMITED Bulk Sell 624,291 135.8700 BSE
1 Jul 2021 ADROIT FINANCIAL SERVICES PRIVATE LIMITED Bulk Sell 633,653 136.1000 BSE
1 Jul 2021 ADROIT FINANCIAL SERVICES PRIVATE LIMITED Bulk Buy 658,153 135.8500 BSE

All bulk and block deals →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
10 Jul 2026 Financial Results/Other business matters Yes
15 Apr 2026 Financial Results/Dividend/Other business matters Yes
8 Jan 2026 Financial Results/Other business matters Yes
10 Oct 2025 Financial Results/Dividend/Other business matters Yes
11 Jul 2025 Financial Results/Other business matters Yes

Corporate Announcements

All 3 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
3 Oct 2026 Company Update Elecon Engineering Company Ltd - 505700 - Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Sep 2026 Board Meeting Elecon Engineering Company Ltd - 505700 - Board Meeting Intimation for Unaudited Results For Quarter & Half Year Ended On 30/09/2026 And Interim Dividend If Any Alongwith Other Agenda.
30 Sep 2026 Insider Trading / SAST Elecon Engineering Company Ltd - 505700 - Closure of Trading Window

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Low financial leverage (Debt/Equity 0.00)
  • Comfortable interest coverage (16.5x)
  • Healthy liquidity (Current Ratio 2.94)

Weaknesses

  • Declining revenue YoY (-2.9%)
  • Declining profit YoY (-75.5%)

Opportunities

Data unavailable.

Threats

  • Down 21.3% over the past year

Data unavailable (no single-stock futures or options activity on record for this company).

Part of: NIFTY 500, NIFTY 500

Frequently asked questions about Elecon Engineering Company Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.