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Elecon Engg. share price

Elecon Engineering Company Ltd.

NSE: ELECON BSE: 505700 SECTOR: Engineering - Industrial Equipments  126k   289   33

1126.20
-15.80 (-1.38%)
NSE: 26 Apr 04:02 PM

Price Summary

Today's High

₹ 1145.45

Today's Low

₹ 1120

52 Week High

₹ 1245

52 Week Low

₹ 429

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

12635.96 Cr.

Enterprise Value

12500.28 Cr.

No. of Shares

11.22 Cr.

P/E

41.68

P/B

9.38

Face Value

₹ 2

Div. Yield

0.27 %

Book Value (TTM)

₹  120.1

CASH

135.68 Cr.

DEBT

0 Cr.

Promoter Holding

59.27 %

EPS (TTM)

₹  27.02

Sales Growth

34.07%

ROE

18.94 %

ROCE

24.75%

Profit Growth

96.98 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year34.07%
3 Year12.72%
5 Year5.61%

Profit Growth

1 Year96.98%
3 Year37.47%
5 Year87.66%

ROE%

1 Year18.94%
3 Year11.51%
5 Year9.14%

ROCE %

1 Year24.75%
3 Year16.78%
5 Year12.81%

Debt/Equity

0

Price to Cash Flow

42.81

Interest Cover Ratio

21.9644862198027

CFO/PAT (5 Yr. Avg.)

2.30911893553116

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 59.27 0
Dec 2023 59.29 0
Sep 2023 59.29 0
Jun 2023 59.29 0
Mar 2023 59.29 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 37.4727149491284% for the Past 3 years.
  • The company has significantly decreased its debt by 100.0175 Cr.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 21.9644862198027.
  • Company’s PEG ratio is 0.429798623299699.
  • The company has an efficient Cash Conversion Cycle of 29.9533974447369 days.
  • Company has a healthy liquidity position with current ratio of 2.30712762133182.
  • The company has a good cash flow management; CFO/PAT stands at 2.30911893553116.
  • The company has a high promoter holding of 59.27%.

 Limitations

  • The company has shown a poor revenue growth of 12.7214395510209% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 330.54 324.38 406.67 383.3 485.33
Total Expenditure 251.34 237.69 298.91 281.86 367.7
Operating Profit 79.2 86.69 107.76 101.44 117.63
Other Income 9.25 6.4 10.86 12.58 9.96
Interest 3.71 1.87 1.62 1.46 0.99
Depreciation 10.81 9.94 10.93 10.25 10.14
Exceptional Items 0 0 0 0 0
Profit Before Tax 73.93 81.28 106.07 102.31 116.46
Tax 14.55 20.38 27.09 26 29.51
Profit After Tax 59.38 60.9 78.98 76.31 86.95
Adjusted EPS (Rs) 5.29 5.43 7.04 6.8 7.75

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 955.46 835.74 796.1 892.82 1196.99
Total Expenditure 874.26 758.44 725.39 715.25 921.91
Operating Profit 81.2 77.3 70.71 177.57 275.08
Other Income 55.09 37.92 84.69 16.97 22.41
Interest 64.86 70.25 54.8 32.67 11.76
Depreciation 43.58 43.69 42.31 38.25 39.28
Exceptional Items 0 0 0 0 0
Profit Before Tax 27.86 1.28 58.28 123.61 246.46
Tax 15.78 -71.14 22.02 28.09 58.31
Net Profit 12.07 72.42 36.26 95.52 188.15
Adjusted EPS (Rs.) 1.08 6.45 3.23 8.51 16.77

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 22.44 22.44 22.44 22.44 22.44
Total Reserves 717.57 759.82 796.93 885.11 1056.92
Borrowings 216.94 131.31 116.15 19.66 0
Other N/C liabilities 84.62 36.87 49.76 41.25 51.44
Current liabilities 905.54 885.93 716.62 466.89 284.86
Total Liabilities 1947.11 1836.36 1701.91 1435.35 1415.66
Assets
Net Block 677.49 628.11 588.47 562.59 580.35
Capital WIP 4.61 0.18 0.31 0.15 0.12
Intangible WIP 0.25 0 0 0 0
Investments 160.22 119.15 118.65 118.54 118.94
Loans & Advances 41.79 32.96 29.07 38.93 24.15
Other N/C Assets 5.38 34.33 38.83 29.26 34.9
Current Assets 1057.37 1021.63 926.57 685.88 657.2
Total Assets 1947.11 1836.36 1701.91 1435.35 1415.66
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 27.86 1.28 58.28 123.61 246.46
Adjustment 101.69 122.55 133.33 86.92 42.95
Changes in Assets & Liabilities -56.09 49.59 27.3 -4.59 69.3
Tax Paid -2.44 -2.93 0.58 -28.23 -63.55
Operating Cash Flow 71.02 170.49 219.5 177.71 295.16
Investing Cash Flow 13.61 -12.96 -15.67 -4.5 -144.74
Financing Cash Flow -89.41 -155.84 -193.1 -175.02 -140.08
Net Cash Flow -4.79 1.69 10.72 -1.81 10.34

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 59.29 59.29 59.29 59.29 59.27
aakaaish investments priv... 46.62 46.62 46.62 46.62 46.62
akanksha patel - - - 0.55 0.55
b i patel-huf (bhanubhai ... - - - - 0.20
k b investments private l... 8.68 8.68 8.68 8.68 8.67
power build private limit... 0.01 0.01 0.01 0.01 0.01
prayasvin bhanubhai patel... 1.75 1.75 1.75 1.75 1.75
taruna patel 0.20 0.20 0.20 0.20 0.20
trupti pradip patel 1.28 1.28 1.28 1.28 1.28
b i patel-huf (bhanubhai ... 0.20 0.20 0.20 0.20 -
akanksha p. patel 0.55 0.55 0.55 - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 40.71 40.71 40.71 40.71 40.73
ajay upadhyaya 1.78 - - 1.78 1.78
investor education and pr... - - - - 1.02
llp 0.66 0.66 0.64 0.46 0.45
vijay kishanlal kedia 1.94 1.78 1.60 1.47 1.34
investor education and pr... - - 1.02 1.02 -
ajay upadhyaya - 1.78 1.78 - -
investor education and pr... 0.98 0.98 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Elecon Engg. - Quaterly Results19 Apr 2024, 2:01PM Elecon Engg. - Quaterly Results19 Apr 2024, 2:01PM Elecon Engg. - Quaterly Results19 Apr 2024, 2:01PM Elecon Engineering Co informs about details of loss of certificate 10 Apr 2024, 5:41PM Elecon Engineering Company informs about issuance of duplicate share certificates20 Mar 2024, 10:18AM Elecon Engineering Co informs about analyst meet2 Mar 2024, 3:23PM Elecon Engineering Company informs about issuance of duplicate share certificates29 Feb 2024, 10:59AM Elecon Engineering Co informs about details of loss of certificate17 Feb 2024, 4:02PM Elecon Engineering Company informs about issuance of duplicate share certificates14 Feb 2024, 2:51PM Elecon Engineering Company informs about issuance of duplicate share certificates3 Feb 2024, 11:01AM Elecon Engineering Company informs about investor presentation27 Jan 2024, 3:08PM Elecon Engineering Company informs about newspaper advertisements27 Jan 2024, 12:49PM Elecon Engg. - Quaterly Results25 Jan 2024, 1:13PM Elecon Engg. - Quaterly Results25 Jan 2024, 1:13PM Elecon Engg. - Quaterly Results25 Jan 2024, 1:13PM Elecon Engineering Company gets LoI worth Rs 82.78 crore22 Jan 2024, 4:02PM Elecon Engineering Company informs about issuance of duplicate share certificates10 Jan 2024, 5:09PM Elecon Engineering Company informs about issuance of duplicate share certificates22 Dec 2023, 2:26PM Elecon Engineering Co informs about details of loss of certificate 16 Dec 2023, 12:27PM Elecon Engineering Co informs about details of loss of certificate8 Dec 2023, 5:02PM Elecon Engineering’s arm incorporates wholly owned subsidiary17 Nov 2023, 6:41PM Elecon Engineering Company informs about analyst meet 15 Nov 2023, 10:46AM Elecon Engineering Company informs about issuance of duplicate share certificates4 Nov 2023, 11:04AM Elecon Engineering Company informs about newspaper publication 21 Oct 2023, 12:34PM Elecon Engineering Co board approves dividend20 Oct 2023, 3:18PM Elecon Engg. - Quaterly Results20 Oct 2023, 12:07PM Elecon Engg. - Quaterly Results20 Oct 2023, 12:07PM Elecon Engg. - Quaterly Results20 Oct 2023, 12:07PM Elecon Engineering Company bags order worth Rs 51.41 crore20 Oct 2023, 10:18AM Elecon Engineering Company informs about loss of share certificate 19 Oct 2023, 10:55AM Elecon Engineering Co informs about issue of duplicate certificate18 Sep 2023, 2:24PM Elecon Engineering Co informs about loss of share certificate12 Sep 2023, 3:06PM Elecon Engineering Co informs about analyst meet12 Sep 2023, 3:03PM Elecon Engineering Company gets nod to incorporate step down wholly owned subsidiary11 Jul 2023, 12:20PM Elecon Engg. - Quaterly Results11 Jul 2023, 11:48AM Elecon Engg. - Quaterly Results11 Jul 2023, 11:48AM Elecon Engg. - Quaterly Results11 Jul 2023, 11:48AM Elecon Engineering Co informs about reply to clarification15 May 2023, 5:21PM Elecon Engg. - Quaterly Results25 Apr 2023, 2:36PM Elecon Engg. - Quaterly Results25 Apr 2023, 2:36PM Elecon Engg. - Quaterly Results25 Apr 2023, 2:36PM Elecon Engineering Company informs about analyst meet 20 Mar 2023, 10:06AM Elecon Engineering Co informs about loss of share certificate2 Feb 2023, 1:10PM Elecon Engg. - Quaterly Results24 Jan 2023, 2:53PM Elecon Engg. - Quaterly Results24 Jan 2023, 2:53PM Elecon Engg. - Quaterly Results24 Jan 2023, 2:53PM Elecon Engineering Co informs about loss of share certificate6 Dec 2022, 2:10PM Elecon Engineering Company informs about institutional investor meet 3 Dec 2022, 2:42PM Elecon Engg. - Quaterly Results3 Nov 2022, 1:41PM Elecon Engg. - Quaterly Results3 Nov 2022, 1:41PM

Elecon Engg. Stock Price Analysis and Quick Research Report. Is Elecon Engg. an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a Low P/E are undervalued (it depends on other factors too). Elecon Engg. has a PE ratio of 41.6808538986514 which is high and comparatively overvalued .

  • Share Price: - The current share price of Elecon Engg. is Rs 1126.2. One can use valuation calculators of ticker to know if Elecon Engg. share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Elecon Engg. has ROA of 13.1987813690524 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Elecon Engg. has a Current ratio of 2.30712762133182 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Elecon Engg. has a ROE of 18.9388642215697 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Elecon Engg. has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Elecon Engg. has an Inventory turnover ratio of 6.72170450480602 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Elecon Engg. has reported revenue growth of 34.0692215994616 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Elecon Engg. for the current financial year is 22.9813071494857 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Elecon Engg. is Rs 2 and the yield is 0.2649 %.

Last Updated on:
Brief about Elecon Engg.

Elecon Engineering Company Ltd. Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis

Welcome to the Elecon Engineering Company Ltd. stock analysis page, where we delve into the intricacies of this company's performance to empower long-term stock investors with valuable insights. In this comprehensive analysis, we will cover various aspects of Elecon Engineering Company Ltd.'s financial landscape without incorporating any numerical or financial data points about the stock. So let's dive right in!

Share Price: Understanding Market Perception of Elecon Engineering Company Ltd.

The share price of Elecon Engineering Company Ltd. is a reflection of the market's perception of the company's performance and prospects. It is influenced by various factors, such as financial results, industry trends, and market sentiment. By carefully analyzing the share price movements of Elecon Engineering Company Ltd., investors can gain an understanding of market expectations and sentiment towards the company. A stock's share price is determined by a range of factors such as market sentiment, financial performance, and general economic conditions.

Balance Sheet: Assessing the Financial Health of Elecon Engineering Company Ltd.

The balance sheet of Elecon Engineering Company Ltd. represents a snapshot of the company's financial position at a given point in time. It provides insights into the company's assets, liabilities, and shareholders' equity. By studying the balance sheet, investors can evaluate the financial stability, liquidity, and solvency of Elecon Engineering Company Ltd. This information aids in making informed investment decisions.

Annual Report: A Comprehensive Overview of Elecon Engineering Company Ltd.'s Performance

The annual report of Elecon Engineering Company Ltd. is a crucial document that provides a comprehensive overview of the company's performance over the past year. It includes in-depth information about the company's financial statements, key achievements, corporate governance practices, and future plans. Long-term stock investors can leverage the annual report to gain a holistic understanding of Elecon Engineering Company Ltd.'s operations and prospects.

Dividend: Realizing Returns from Elecon Engineering Company Ltd.

Elecon Engineering Company Ltd. may distribute a portion of its profits to shareholders in the form of dividends. Dividends serve as a means for investors to realize returns on their investment in the company. By assessing the dividend history and payout policy of Elecon Engineering Company Ltd., investors can evaluate the income-generating potential of the stock. This information is particularly valuable for long-term investors seeking sustainable income streams.

Quarterly Result: Tracking Elecon Engineering Company Ltd.'s Performance on a Regular Basis

The quarterly result of Elecon Engineering Company Ltd. provides a snapshot of the company's financial performance and operational efficiency over a three-month period. By analyzing the quarterly results, investors can track the company's progress and understand its ability to generate consistent revenues and profits. Regular monitoring of these results helps investors stay up-to-date with the company's performance.

Stock Price: Analyzing Patterns and Trends

The stock price of Elecon Engineering Company Ltd. fluctuates over time, reflecting changes in market dynamics. By closely analyzing stock price charts, investors can identify patterns, trends, and potential opportunities. Our pre-built screening tools provide the necessary resources to evaluate these patterns in a systematic manner, aiding long-term investors in making well-informed investment decisions.

News: Staying Informed with the Latest Developments

Keeping an eye on the latest news related to Elecon Engineering Company Ltd. is crucial for investors. News articles, press releases, and market updates provide valuable insights into the company's growth prospects, strategic initiatives, and market developments that may impact the stock's performance. By staying informed, investors can make timely investment decisions based on the most up-to-date information available. Our website provides pre-built screening tools to help investors analyze stock price and performance.

Concall Transcripts: Accessing Insights from Management

Elecon Engineering Company Ltd. conducts conference calls (concalls) to discuss its financial results, strategy, and key developments with investors and analysts. These calls offer a unique opportunity to gain insights directly from the company's management. We provide access to concall transcripts, allowing investors to delve deeper into management's perspectives and better gauge the company's direction.

Investor Presentations: Understanding Elecon Engineering Company Ltd.'s Strategies and Future Plans

Elecon Engineering Company Ltd. often shares presentations with investors, providing a concise overview of the company's strategy, performance, and future plans. These presentations offer valuable insights into Elecon Engineering Company Ltd.'s vision, growth initiatives, and potential opportunities. By studying these investor presentations, long-term investors can gain a deeper understanding of the company's roadmap.

Promoters and Shareholders: Understanding Ownership Structure

Understanding the ownership structure of Elecon Engineering Company Ltd. is vital for investors in order to comprehend the level of control and influence exercised by promoters and major shareholders. By studying the shareholding patterns and profiles of key stakeholders, investors can gain insights into the alignment of interests and stability of the company's ownership structure.

Premium Features: Unleashing Advanced Analytical Tools

At [your website name], we provide premium features and tools that allow investors to take their analysis to the next level. Our premium features include DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont Analysis. These tools enable investors to perform detailed and advanced analyses, providing valuable insights to guide their long-term investment strategies.

Annual Reports and Quarterly Results: Easily Accessible for Download

To facilitate investors' research and analysis, we provide easily accessible annual reports and quarterly results for Elecon Engineering Company Ltd. on the ticker website. These documents can be downloaded, ensuring investors have all the necessary information at their fingertips to make informed investment decisions.

In conclusion, by comprehensively analyzing the share price, balance sheet, annual reports, dividends, quarterly results, stock price movements, news, concall transcripts, investor presentations, promoters, and shareholders of Elecon Engineering Company Ltd., long-term stock investors can gain invaluable insights into the company's potential. Coupled with our pre-built screening tools and premium features, investors can unleash the power of analysis and make well-informed decisions in their pursuit of long-term stock investment success.

Elecon Engineering Company Limited ROCE

The Return on Capital Employed (ROCE) is a key financial ratio that measures a company's profitability and the efficiency with which it utilizes its capital. Elecon Engineering Company Limited's ROCE indicates its ability to generate profits relative to the capital employed in its operations. By analyzing this ratio, investors can assess the company's potential for growth and its ability to generate value for shareholders. For more detailed information on Elecon Engineering Company Limited's ROCE ratio, please refer to the financials table or ratio section on this page.

Elecon Engineering Company Limited EBITDA

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is a financial metric that provides insight into a company's operating performance and profitability. By excluding interest, taxes, depreciation, and amortization expenses, EBITDA allows investors to focus solely on a company's core operating results. Elecon Engineering Company Limited's EBITDA provides a clearer picture of its operating performance, enabling investors to make informed decisions. To access the EBITDA data for Elecon Engineering Company Limited, kindly refer to the financials table or ratio section above.

Elecon Engineering Company Limited DPS

Dividends per Share (DPS) is a financial ratio that measures the cash distributed to shareholders for each share they hold in a company. Elecon Engineering Company Limited's DPS provides insight into the company's dividend policy and its commitment to returning value to shareholders. By analyzing this ratio, investors can assess the company's ability to generate consistent dividends and the potential for long-term income generation. To obtain the detailed DPS data for Elecon Engineering Company Limited, please refer to the financials table or ratio section available on this page.

Elecon Engineering Company Limited EPS

Earnings per Share (EPS) is a financial metric that represents the shareholder's portion of a company's net profit or earnings for each outstanding share. By analyzing Elecon Engineering Company Limited's EPS, investors can evaluate the company's profitability and determine its ability to generate earnings from shareholders' investments. A higher EPS indicates better profitability and potential for higher future dividends. For the detailed EPS data of Elecon Engineering Company Limited, kindly refer to the financials table or ratio section above.

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