Elecon Engineering Company Ltd
Elecon Engineering Company Ltd., incorporated in 1960. Company manufactures and sells power transmission and material handling equipment in India and internationally. In addition, it engages in the steel and non-ferrous foundry business. [1]
- Market Cap ₹ 14,834 Cr.
- Current Price ₹ 1,322
- High / Low ₹ 1,380 / 587
- Stock P/E 49.2
- Book Value ₹ 120
- Dividend Yield 0.23 %
- ROCE 32.9 %
- ROE 24.8 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 90.9% CAGR over last 5 years
Cons
- Stock is trading at 11.0 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
595 | 501 | 503 | 980 | 923 | 911 | 955 | 836 | 796 | 893 | 1,197 | 1,600 | |
491 | 401 | 397 | 825 | 757 | 801 | 841 | 729 | 651 | 703 | 914 | 1,186 | |
Operating Profit | 104 | 100 | 106 | 154 | 166 | 110 | 114 | 107 | 145 | 190 | 283 | 414 |
OPM % | 18% | 20% | 21% | 16% | 18% | 12% | 12% | 13% | 18% | 21% | 24% | 26% |
-16 | 18 | 23 | 27 | 8 | 11 | 22 | 8 | 11 | 5 | 15 | 40 | |
Interest | 32 | 33 | 30 | 71 | 73 | 68 | 65 | 70 | 55 | 33 | 12 | 6 |
Depreciation | 42 | 45 | 52 | 56 | 48 | 48 | 44 | 44 | 42 | 38 | 39 | 41 |
Profit before tax | 15 | 39 | 48 | 56 | 52 | 5 | 28 | 1 | 58 | 124 | 246 | 406 |
Tax % | 43% | 30% | 30% | 34% | 60% | -59% | 57% | -5,558% | 38% | 23% | 24% | 25% |
9 | 27 | 33 | 37 | 21 | 8 | 12 | 72 | 36 | 96 | 188 | 303 | |
EPS in Rs | 0.92 | 2.52 | 3.05 | 3.35 | 1.88 | 0.72 | 1.08 | 6.45 | 3.23 | 8.51 | 16.77 | 27.02 |
Dividend Payout % | 109% | 40% | 36% | 33% | 27% | 28% | 19% | 0% | 12% | 16% | 12% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 11% |
3 Years: | 26% |
TTM: | 34% |
Compounded Profit Growth | |
---|---|
10 Years: | 27% |
5 Years: | 91% |
3 Years: | 102% |
TTM: | 59% |
Stock Price CAGR | |
---|---|
10 Years: | 35% |
5 Years: | 95% |
3 Years: | 112% |
1 Year: | 126% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 15% |
3 Years: | 19% |
Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 19 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 454 | 470 | 489 | 702 | 707 | 708 | 718 | 760 | 797 | 885 | 1,057 | 1,325 |
255 | 259 | 249 | 568 | 461 | 497 | 474 | 391 | 253 | 117 | 20 | 43 | |
351 | 312 | 296 | 684 | 669 | 727 | 733 | 664 | 630 | 411 | 316 | 369 | |
Total Liabilities | 1,079 | 1,062 | 1,056 | 1,976 | 1,859 | 1,955 | 1,947 | 1,836 | 1,702 | 1,435 | 1,416 | 1,760 |
411 | 374 | 334 | 789 | 759 | 716 | 680 | 654 | 614 | 588 | 606 | 623 | |
CWIP | 8 | 7 | 2 | 8 | 2 | 1 | 5 | 0 | 0 | 0 | 0 | 1 |
Investments | 37 | 37 | 199 | 113 | 128 | 160 | 160 | 119 | 119 | 119 | 138 | 342 |
624 | 645 | 521 | 1,066 | 970 | 1,077 | 1,102 | 1,063 | 969 | 729 | 672 | 794 | |
Total Assets | 1,079 | 1,062 | 1,056 | 1,976 | 1,859 | 1,955 | 1,947 | 1,836 | 1,702 | 1,435 | 1,416 | 1,760 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
206 | 23 | 218 | 13 | 196 | 106 | 71 | 170 | 220 | 178 | 294 | 235 | |
125 | -0 | -167 | -16 | -26 | -65 | 14 | -13 | -16 | -4 | -144 | -185 | |
-334 | -25 | -52 | 17 | -185 | -38 | -89 | -156 | -193 | -175 | -140 | -47 | |
Net Cash Flow | -4 | -3 | -1 | 14 | -15 | 4 | -5 | 2 | 11 | -2 | 10 | 3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 87 | 123 | 164 | 246 | 232 | 250 | 209 | 244 | 214 | 155 | 91 | 93 |
Inventory Days | 180 | 199 | 208 | 222 | 221 | 182 | 205 | 220 | 177 | 158 | 117 | 79 |
Days Payable | 306 | 343 | 333 | 344 | 344 | 336 | 294 | 441 | 363 | 187 | 101 | 83 |
Cash Conversion Cycle | -40 | -21 | 39 | 124 | 109 | 96 | 120 | 23 | 28 | 125 | 107 | 89 |
Working Capital Days | 150 | 219 | 160 | 135 | 111 | 123 | 144 | 142 | 119 | 111 | 71 | 70 |
ROCE % | 8% | 10% | 9% | 10% | 10% | 6% | 8% | 6% | 10% | 15% | 24% | 33% |
Documents
Announcements
- Closure of Trading Window 20h
- Board Meeting Intimation for Unaudited Financial Results For The Quarter Ended On 30Th June, 2024 20h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 26 Jun
- Shareholder Meeting / Postal Ballot-Outcome of AGM 25 Jun
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
Concalls
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Apr 2024Transcript PPT REC
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Feb 2024Transcript PPT REC
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Oct 2023Transcript PPT REC
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Jul 2023Transcript PPT REC
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Jul 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Apr 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Jul 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021TranscriptPPT
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Aug 2021Transcript PPT
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Jun 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Oct 2020TranscriptPPT
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Oct 2019TranscriptPPT
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Apr 2019TranscriptPPT
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Oct 2018TranscriptPPT
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May 2018TranscriptPPT
Products and Services 9MFY24[1]
Power Transmission (87%): The company was the first to introduce modular design concepts, case-hardened, and ground gear technology in India. [2]