Elecon Engineering Co Ltd Stock Price Today (NSE: ELECON)
Fundamental Score
Elecon Engineering Co Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Elecon Engineering Co Ltd share price today is ₹428.30, up +2.21% on NSE/BSE as of 3 August 2026. Elecon Engineering Co Ltd (ELECON) is a Mid-cap company in the Heavy Electrical Equipment sector with a market capitalisation of ₹10.72K (Cr). The 52-week high for ELECON share price is ₹634.90 and the 52-week low is ₹352.00. At a P/E ratio of 35.45x, ELECON is currently trading below its industry average P/E of 38.29x. The company has a Return on Equity (ROE) of 16.43% and a debt-to-equity ratio of 0.12.
Elecon Engineering Co Ltd Share Price Chart — NSE/BSE Historical Performance
Elecon Engineering Co Ltd share price chart: -23.80% return over the past month. 52-week high ₹634.90, 52-week low ₹352.00.
Elecon Engineering Co Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹421.00 | ₹424.80 | ₹415.65 | ₹419.05 | 2.85L (Cr) | |
| ₹426.10 | ₹426.10 | ₹415.00 | ₹417.25 | 3.34L (Cr) | |
| ₹416.40 | ₹428.00 | ₹416.40 | ₹423.75 | 4.77L (Cr) | |
| ₹424.00 | ₹425.95 | ₹412.85 | ₹414.85 | 3.56L (Cr) | |
| ₹424.00 | ₹436.85 | ₹418.35 | ₹423.70 | 12.84L (Cr) | |
| ₹427.00 | ₹431.70 | ₹419.20 | ₹421.65 | 8.59L (Cr) | |
| ₹437.30 | ₹444.00 | ₹432.00 | ₹433.00 | 2.95L (Cr) | |
| ₹455.30 | ₹459.10 | ₹447.90 | ₹449.70 | 2.63L (Cr) | |
| ₹464.35 | ₹473.85 | ₹453.35 | ₹455.00 | 4.01L (Cr) | |
| ₹462.45 | ₹469.95 | ₹450.80 | ₹464.35 | 3.34L (Cr) |
Elecon Engineering Co Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹540.50 | ₹553.85 | ₹412.85 | ₹419.05 | -22.47% | |
| ₹514.90 | ₹576.00 | ₹494.09 | ₹533.80 | +3.67% | |
| ₹506.65 | ₹579.00 | ₹469.65 | ₹510.00 | +0.66% | |
| ₹367.95 | ₹524.45 | ₹367.15 | ₹506.65 | +37.70% | |
| ₹397.00 | ₹436.00 | ₹352.00 | ₹354.75 | -10.64% | |
| ₹394.00 | ₹494.00 | ₹389.80 | ₹415.85 | +5.55% | |
| ₹482.55 | ₹533.20 | ₹361.50 | ₹408.10 | -15.43% | |
| ₹503.00 | ₹505.70 | ₹461.00 | ₹481.45 | -4.28% | |
| ₹561.45 | ₹570.80 | ₹486.00 | ₹504.45 | -10.15% | |
| ₹568.00 | ₹626.00 | ₹527.81 | ₹561.45 | -1.15% | |
| ₹560.00 | ₹634.90 | ₹549.60 | ₹567.90 | +1.41% | |
| ₹562.60 | ₹583.55 | ₹535.00 | ₹552.30 | -1.83% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Elecon is a cyclical play on Indian infrastructure buildout, but margin compression and recent profit decline temper enthusiasm.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Elecon Engineering submitted its Q4FY26 SEBI compliance certificate on April 5, 2026. The board will meet on April 15, 2026, to approve FY26 results and consider a dividend. Trading window closed on April 1. The company paid a penalty of s under protest to resolve a GST-related dispute.
CORE STORY (THE REAL GAME)
Elecon is a play on India's industrial and infrastructure capex cycle, specifically in heavy electrical equipment and material handling. It's about capturing growth in core sectors like power, cement, steel, and ports.
- Board meeting on April 15 for FY26 results and dividend decision
- Healthy order book provides revenue visibility
- Strong growth in the MHE division
- Significant new order wins in core sectors
- Improvement in EBITDA margins
- Positive management commentary on future outlook
- Micro-cap = liquidity risk
- Q3 FY26 profit decline of 33%
- Margin compression due to mix and higher employee costs
FII decreased holdings by 1.3% while DII increased holdings by 0.33%
Government infrastructure spending and industrial growth are tailwinds.
Free Cash Flow 5Y: ₹1425.18 Cr
Monitor order inflows, margin trends, and management commentary. Focus on execution in core sectors.
Primary Thesis Risk
Cyclical downturn in core industries or continued margin pressure could derail growth.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Elecon Engineering Co Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Elecon Engineering Co Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of ELECON across key market metrics for learning purposes.
Positive Indicators
11 factors identified
Strong Return on Equity (16.43%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (20.86%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Strong Operating Margins (23.07%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Consistent Growth Track Record (17.77% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (43.68% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (43.68% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.12)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (17.46x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹1390.57 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (59.27%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
1 factors identified
Profit Decline Concern (-34.57%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Elecon Engineering Co Ltd vs Heavy Electrical Equipment Peers
Peer Comparison - Heavy Electrical Equipment
Compare Elecon Engineering Co Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Elecon Engineering Co LtdElecon Engineer...Selected✓ ELECON • 505700 | 62/100 | ₹428.30₹428 | ₹10717.51₹10717.51 | 35.45Average 35.5 Average | 16.43%Good 16.43% Good | 20.86%Excellent 20.86% Excellent | 0.12Excellent 0.1 Excellent | 43.68%Excellent 43.68% Excellent | 17.77%Excellent 17.77% Excellent | 0.42% |
ABB India LtdABB India Ltd... ABB • 500002 | 64.2/100 | ₹7284.50₹7285 | ₹152553.18₹152553.18 | 100.15Average 100.2 Average | 22.39%Excellent 22.39% Excellent | 29.93%Excellent 29.93% Excellent | 0.01Excellent 0.0 Excellent | 57.13%Excellent 57.13% Excellent | 17.80%Excellent 17.80% Excellent | 0.55% |
Hitachi Energy India LtdHitachi Energy ... POWERINDIA • 543187 | 72.8/100 | ₹32175.00₹32175 | ₹151500.72₹151500.72 | 147.39Average 147.4 Average | 21.89%Excellent 21.89% Excellent | 29.02%Excellent 29.02% Excellent | 0.02Excellent 0.0 Excellent | 53.66%Excellent 53.66% Excellent | 18.96%Excellent 18.96% Excellent | 0.02% |
CG Power and Industrial Solutions LimitedCG Power and In... CGPOWER • 500093 | 76.1/100 | ₹863.40₹863 | ₹146315.18₹146315.18 | 120.95Average 121.0 Average | 20.48%Excellent 20.48% Excellent | 26.71%Excellent 26.71% Excellent | 0.01Excellent 0.0 Excellent | 69.51%Excellent 69.51% Excellent | 33.18%Excellent 33.18% Excellent | 0.14% |
Bharat Heavy Electricals LtdBharat Heavy El... BHEL • 500103 | 63.1/100 | ₹407.00₹407 | ₹145514.83₹145514.83 | 91.87Average 91.9 Average | 6.23%Poor 6.23% Poor | 9.14%Poor 9.14% Poor | 0.31Excellent 0.3 Excellent | 20.93%Excellent 20.93% Excellent | 14.31%Good 14.31% Good | 0.33% |
Siemens LtdSiemens Ltd... SIEMENS • 500550 | 68.4/100 | ₹3760.00₹3760 | ₹127184.63₹127184.63 | 45.34Average 45.3 Average | 19.22%Good 19.22% Good | 21.44%Excellent 21.44% Excellent | 0.02Excellent 0.0 Excellent | 29.56%Excellent 29.56% Excellent | 20.09%Excellent 20.09% Excellent | 0.00% |
Siemens Energy India LtdSiemens Energy ... ENRIN • 544390 | 51.3/100 | ₹3230.80₹3231 | ₹124569.80₹124569.80 | 92.39Average 92.4 Average | 50.47%Excellent 50.47% Excellent | 67.75%Excellent 67.75% Excellent | 0.04Excellent 0.0 Excellent | — — | — — | 0.11% |
GE Vernova T&D India LtdGE Vernova T&D ... GVT&D • 522275 | 72/100 | ₹4323.30₹4323 | ₹120249.98₹120249.98 | 94.00Average 94.0 Average | 57.32%Excellent 57.32% Excellent | 76.43%Excellent 76.43% Excellent | 0.01Excellent 0.0 Excellent | 85.76%Excellent 85.76% Excellent | 12.45%Good 12.45% Good | 0.21% |
Suzlon Energy LtdSuzlon Energy L... SUZLON • 532667 | 64.4/100 | ₹48.01₹48 | ₹71461.81₹71461.81 | 22.59Average 22.6 Average | 40.64%Excellent 40.64% Excellent | 35.07%Excellent 35.07% Excellent | 0.06Excellent 0.1 Excellent | 45.66%Excellent 45.66% Excellent | 37.98%Excellent 37.98% Excellent | 0.00% |
Thermax LtdThermax Ltd... THERMAX • 500411 | 50/100 | ₹4306.00₹4306 | ₹54121.84₹54121.84 | 97.82Average 97.8 Average | 10.55%Average 10.55% Average | 13.94%Average 13.94% Average | 0.42Excellent 0.4 Excellent | 17.66%Excellent 17.66% Excellent | 17.59%Excellent 17.59% Excellent | 0.31% |
Schneider Electric Infrastructure LimitedSchneider Elect... SCHNEIDER • 534139 | 50.5/100 | ₹1355.30₹1355 | ₹32525.99₹32525.99 | 145.94Average 145.9 Average | 35.61%Excellent 35.61% Excellent | 29.63%Excellent 29.63% Excellent | 0.71Good 0.7 Good | 80.08%Excellent 80.08% Excellent | 17.38%Excellent 17.38% Excellent | 0.00% |
Top Heavy Electrical Equipment Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- ABB India Ltd share price152553.18 Cr
- Hitachi Energy India Ltd share price151500.72 Cr
- CG Power and Industrial Solutions Limited share price146315.18 Cr
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Elecon Engineering Co Ltd PE Ratio History
Historical price-to-earnings ratio for ELECON — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹18.50 | ₹481.45 | 26x |
| FY 2024 | ₹7.92 | ₹634.50 | 80.1x |
| FY 2023 | ₹10.59 | ₹463.48 | 43.8x |
| FY 2022 | ₹6.26 | ₹182.30 | 29.1x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Elecon Engineering Co Ltd Dividend History
Annual cash dividends paid by ELECON — dividend yield 0.42%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹33.66 Cr |
| FY 2024 | ₹33.66 Cr |
| FY 2023 | ₹15.71 Cr |
| FY 2022 | ₹4.57 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Elecon Engineering Co Ltd Quarterly Performance
Latest quarterly metrics for ELECON — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
6.11%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-34.57%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
17.77%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
43.68%
Compounded annual net profit growth over 5 years
Elecon Engineering Co Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for ELECON — calculated from daily price history
Selling pressure is heavy — potential reversal zone.
Technical indicators are for educational purposes only. Not investment advice.
Elecon Engineering Co Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Elecon Engineering Co Ltd (ELECON) — sourced from NSE/BSE filings.
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About ELECON (Elecon Engineering Co Ltd)
Elecon Engineering Co Ltd is a prominent Indian engineering firm specializing in heavy electrical equipment, renowned for its comprehensive range of industrial solutions. The compa...ny’s core strength lies in the design, manufacture, and supply of cutting-edge material handling systems and robust transmission equipment. Elecon's reputation is built on decades of experience, providing critical infrastructure components across various industries, from power generation and mining to cement and steel. Beyond its domestic presence, Elecon has expanded its reach to serve global clients, solidifying its position as a trusted and reliable partner in the heavy electrical engineering sector. Their dedication to innovation and stringent quality control ensures durable, high-performance products. The company offers a diverse portfolio of gear solutions designed to meet the exacting needs of modern industry. Elecon produces a wide spectrum of gearboxes including helical, bevel helical, planetary, and worm gear units. Furthermore, the company designs and manufactures specialized gearboxes, couplings, and loose gears, demonstrating its versatility and commitment to fulfilling specific customer requirements. Elecon’s engineering expertise extends to high-speed and wind turbine gearboxes, incorporating advanced technologies and materials to ensure operational efficiency and longevity. This range of gear solutions plays a crucial role in powering countless industrial applications, reflecting Elecon's pivotal role in driving industrial progress. Elecon's material handling division delivers customized solutions for the efficient movement of bulk materials, catering to a multitude of sectors. These comprehensive systems encompass the handling of raw materials, incorporating state-of-the-art stackers, reclaimers, and conveying equipment. Elecon is adept at engineering solutions for complex logistical challenges, streamlining material flow and optimizing operational efficiency for its clients. Their commitment to environmental sustainability is reflected in the design of energy-efficient and low-emission material handling systems. Elecon Engineering stands as a comprehensive engineering partner, providing both power transmission and material conveyance solutions.
Company Details
Key Leadership
Corporate Events
Latest News
ELECON Share Price: Frequently Asked Questions
What is the current share price of Elecon Engineering Co Ltd?
Elecon Engineering Co Ltd (ELECON) trades at ₹428.30 on NSE and BSE. Market cap ₹10.72K (Cr). Educational data only.
What is the P/E ratio of Elecon Engineering Co Ltd?
Elecon Engineering Co Ltd has a P/E of 35.45x vs industry average 38.29x.
What is the Bull Run score for Elecon Engineering Co Ltd?
Elecon Engineering Co Ltd has a Bull Run score of 62/100 based on 25+ financial parameters.
Does Elecon Engineering Co Ltd pay dividends?
Elecon Engineering Co Ltd has a dividend yield of 0.42%. Past dividends don't guarantee future payments.
What is the ROE of Elecon Engineering Co Ltd?
Elecon Engineering Co Ltd has ROE of 16.43%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Elecon Engineering Co Ltd?
Elecon Engineering Co Ltd has debt-to-equity of 0.12.
Is Elecon Engineering Co Ltd a good investment?
Bull Run gives Elecon Engineering Co Ltd a score of 62/100. This is not investment advice — consult a SEBI-registered advisor.