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 ₹ 10,008 Cr.
- Current Price ₹ 446
- High / Low ₹ 739 / 377
- Stock P/E 26.9
- Book Value ₹ 78.2
- Dividend Yield 0.34 %
- ROCE 31.3 %
- ROE 24.5 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 55.1% CAGR over last 5 years
Cons
* 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
Part of Nifty 500 Nifty MidSmallcap 400 Nifty Smallcap 250 Nifty 500 Multicap 50:25:25 Nifty Total Market
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,527 | 1,293 | 1,329 | 1,280 | 1,202 | 1,180 | 1,225 | 1,088 | 1,044 | 1,212 | 1,530 | 1,937 | 1,994 | |
1,310 | 1,136 | 1,153 | 1,105 | 1,027 | 1,055 | 1,084 | 947 | 858 | 960 | 1,189 | 1,463 | 1,511 | |
Operating Profit | 216 | 157 | 176 | 176 | 175 | 126 | 140 | 142 | 186 | 252 | 341 | 475 | 483 |
OPM % | 14% | 12% | 13% | 14% | 15% | 11% | 11% | 13% | 18% | 21% | 22% | 24% | 24% |
-19 | 14 | 17 | 29 | 12 | 8 | 69 | 9 | 8 | 5 | 22 | 50 | 63 | |
Interest | 90 | 80 | 87 | 83 | 90 | 75 | 74 | 78 | 60 | 38 | 14 | 9 | 10 |
Depreciation | 57 | 62 | 72 | 62 | 53 | 53 | 48 | 53 | 52 | 49 | 49 | 51 | 54 |
Profit before tax | 50 | 29 | 34 | 60 | 44 | 6 | 88 | 20 | 81 | 171 | 300 | 465 | 481 |
Tax % | 41% | 51% | 49% | 37% | 75% | -33% | 21% | -360% | 29% | 18% | 21% | 24% | |
29 | 14 | 17 | 37 | 11 | 7 | 70 | 90 | 58 | 140 | 238 | 356 | 372 | |
EPS in Rs | 0.97 | 0.63 | 0.75 | 1.72 | 0.48 | 0.33 | 3.12 | 4.00 | 2.57 | 6.26 | 10.58 | 15.85 | 16.59 |
Dividend Payout % | 52% | 79% | 73% | 32% | 52% | 30% | 3% | 0% | 8% | 11% | 9% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 10% |
3 Years: | 23% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 38% |
5 Years: | 55% |
3 Years: | 83% |
TTM: | 16% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 114% |
3 Years: | 79% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 17% |
3 Years: | 20% |
Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 19 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 516 | 510 | 514 | 682 | 687 | 686 | 746 | 832 | 897 | 1,028 | 1,257 | 1,582 | 1,732 |
697 | 633 | 552 | 629 | 583 | 590 | 548 | 420 | 335 | 151 | 52 | 70 | 118 | |
892 | 892 | 877 | 870 | 794 | 857 | 849 | 855 | 733 | 513 | 399 | 449 | 475 | |
Total Liabilities | 2,123 | 2,058 | 1,964 | 2,203 | 2,087 | 2,156 | 2,165 | 2,129 | 1,988 | 1,715 | 1,730 | 2,123 | 2,347 |
625 | 595 | 523 | 898 | 861 | 834 | 799 | 799 | 758 | 739 | 754 | 769 | 806 | |
CWIP | 10 | 7 | 4 | 8 | 2 | 1 | 5 | 0 | 0 | 1 | 0 | 1 | 17 |
Investments | 13 | 14 | 15 | 49 | 49 | 51 | 54 | 53 | 53 | 54 | 77 | 286 | 393 |
1,475 | 1,441 | 1,422 | 1,248 | 1,175 | 1,270 | 1,307 | 1,277 | 1,176 | 921 | 899 | 1,067 | 1,132 | |
Total Assets | 2,123 | 2,058 | 1,964 | 2,203 | 2,087 | 2,156 | 2,165 | 2,129 | 1,988 | 1,715 | 1,730 | 2,123 | 2,347 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
176 | 160 | 177 | 12 | 188 | 70 | 87 | 222 | 248 | 223 | 309 | 365 | |
-98 | -30 | 0 | 7 | -7 | -51 | 40 | -25 | -19 | 15 | -166 | -279 | |
-65 | -140 | -168 | -5 | -134 | -64 | -118 | -176 | -210 | -250 | -145 | -58 | |
Net Cash Flow | 13 | -9 | 9 | 14 | 47 | -44 | 9 | 21 | 19 | -12 | -2 | 27 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 200 | 241 | 236 | 201 | 191 | 208 | 177 | 205 | 177 | 125 | 82 | 84 |
Inventory Days | 178 | 209 | 187 | 218 | 203 | 189 | 206 | 248 | 188 | 167 | 142 | 97 |
Days Payable | 244 | 289 | 278 | 331 | 326 | 295 | 259 | 420 | 319 | 173 | 100 | 82 |
Cash Conversion Cycle | 134 | 161 | 145 | 88 | 69 | 102 | 124 | 33 | 46 | 119 | 125 | 99 |
Working Capital Days | 153 | 170 | 159 | 102 | 84 | 112 | 134 | 124 | 118 | 101 | 78 | 68 |
ROCE % | 14% | 9% | 10% | 10% | 10% | 6% | 10% | 8% | 11% | 17% | 25% | 31% |
Documents
Announcements
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Intimation Of Update On Pendency Of Litigation
1d - Update on tax litigation and rectification order received.
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Board Meeting Intimation for Audited Financial Results For The Quarter And Financial Year Ended On 31St March, 2025 And To Recommend Dividend, If Any
1d - Closure of trading window and board meeting scheduled.
- Closure of Trading Window 1d
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Intimation Of Action Taken Or Order Passed By Regulatory, Statutory, Enforcement Authority Or Judicial Body
26 Mar - Company paid ₹14,01,764 penalty for GST compliance.
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Intimation For Cancellation Of Schedule Of Analyst / Institutional Investor Meetings Scheduled To Be Held On 13Th March, 2025
11 Mar - Cancellation of Analyst/Investor Meet on 13th March.
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
from nse
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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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Jan 2025Transcript PPT
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Oct 2024Transcript PPT
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Jul 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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Apr 2023TranscriptNotesPPT
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Nov 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]