Elecon Engineering Company Limited Share Price and Company Fundamentals
Last traded: Today at 10:00 AM
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. The company also provides material handling equipment, such as raw material handling systems, stackers, scrapers/reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers and associated equipment, feeders, idlers and pulleys, magnates/weighers/detectors, port equipment, and cable reeling drums; and alternate energy products. In addition, it engages in the ferrous and non-ferrous foundry business. Further, the company offers gearbox repair and refurbish services; and material handling equipment support services. It serves cement, sugar, defense, steel, mineral, metal, mining, power, plastic, material handling, chemical, crane, paper, rubber, marine, and fertilizer industries, as well as windmills. Elecon Engineering Company Limited was founded in 1951 and is based in Vallabh Vidya Nagar, India.
Key Metrics
PE ratio
43.17
PB ratio
4.43
Dividend yield
0.43%
Beta
0.49
Market cap
₹102.10B
Enterprise value
₹98.53B
Company profile
| Industry / Sector | Specialty Industrial Machinery / Industrials |
|---|---|
| Full time employees | 2452 |
| Website | https://www.elecon.com |
| Mailing address | Anand-Sojitra Road District Anand Vallabh Vidya Nagar 388120 India |
| Phone / Fax | 91 26 9223 8701 / 91 26 9222 7020 |
Dividends
Dividend yield
0.43%
Dividend amount
₹2.00
Payout ratio
19.01%
5Y Avg. yield
-%
Elecon Engineering Company Limited paid ₹2.00 dividend and the ex-dividend date was 12 Jun 2026.The dividend payout ratio is 19.01%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ELECON dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Jul 2026, following are the company executives and directors listed on Elecon Engineering Company Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Prayasvin Bhanubhai Patel BE, MBA | Non-Independent Executive Chairman & MD | 67 | |
| Ms. Bhartiben Lalitkumar Isarani | Company Secretary & Compliance Officer | ||
| Mr. Chintan J. Shah | Chief Financial Officer | ||
| Mr. Kaushik M. Patel | Business Head of MHE Division | ||
| Mr. Dipak S. Dalwadi | Business Head of Gear Division |
Profitability and management effectiveness
Profit margin
9.85%
Operating margin
15.25%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Elecon Engineering Company Limited is 102.10B and its enterprise value is 98.53B. The enterprise value to revenue ratio of ELECON is 4.11. The enterprise value to EBITDA ratio of ELECON is 22.15.
The ELECON's stocks Beta value is 0.49 making it 51% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Elecon Engineering Company Limited (NSE:ELECON) Frequently Asked Questions
1. What is Elecon Engineering Company Limited's Stock Symbol?
Elecon Engineering Company Limited trades on NSE under the ticker symbol "ELECON".
2. What is Elecon Engineering Company Limited's stock price today?
One share of ELECON stock can currently be purchased for approximately ₹455.
3. How can I contact Elecon Engineering Company Limited?
Elecon Engineering Company Limited's mailing address is Anand-Sojitra Road District Anand Vallabh Vidya Nagar 388120 India. The company can be reached via phone at 91 26 9223 8701.
4. What is Elecon Engineering Company Limited's official website?
The official website of Elecon Engineering Company Limited is https://www.elecon.com.