About
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
as of Sep 2026Market Cap9,733 Cr
P/E32.20
Div Yield0.46 %
Book Value₹103.00
52w High₹635.00
52w Low₹352.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 521.00 | 746.00 | 552.00 | 578.00 | 491.00 | 798.00 | 529.00 | 508.00 | 392.00 | 565.00 | 474.00 | 485.00 | 414.00 |
| Expenses | 411.00 | 588.00 | 443.00 | 452.00 | 360.00 | 602.00 | 386.00 | 396.00 | 300.00 | 429.00 | 353.00 | 366.00 | 314.00 |
| Operating Profit | 109.00 | 158.00 | 109.00 | 126.00 | 130.00 | 195.00 | 143.00 | 112.00 | 92.00 | 135.00 | 120.00 | 119.00 | 100.00 |
| OPM % | 21.00 | 21.00 | 20.00 | 22.00 | 27.00 | 24.00 | 27.00 | 22.00 | 24.00 | 24.00 | 25.00 | 24.00 | 24.00 |
| Other Income | 22.00 | -84.00 | 19.00 | 18.00 | 108.00 | 21.00 | 17.00 | 14.00 | 17.00 | 16.00 | 11.00 | 14.00 | 9.00 |
| Depreciation | 30.00 | 27.00 | 27.00 | 25.00 | 25.00 | 19.00 | 16.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 12.00 |
| Interest | 8.00 | 6.00 | 7.00 | 6.00 | 6.00 | 5.00 | 3.00 | 2.00 | 2.00 | 2.00 | 1.00 | 3.00 | 2.00 |
| Profit before tax | 93.00 | 40.00 | 94.00 | 113.00 | 207.00 | 192.00 | 140.00 | 111.00 | 94.00 | 136.00 | 117.00 | 117.00 | 94.00 |
| Tax % | 24.00 | 85.00 | 23.00 | 22.00 | 15.00 | 24.00 | 23.00 | 21.00 | 22.00 | 24.00 | 23.00 | 24.00 | 23.00 |
| Net Profit | 70.00 | 6.00 | 72.00 | 88.00 | 175.00 | 146.00 | 108.00 | 88.00 | 73.00 | 104.00 | 90.00 | 89.00 | 73.00 |
| EPS in Rs | 3.14 | 0.27 | 3.21 | 3.91 | 7.82 | 6.53 | 4.79 | 3.91 | 3.27 | 4.62 | 4.03 | 3.95 | 3.25 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,366.00 | 2,227.00 | 1,937.00 | 1,530.00 | 1,212.00 | 1,044.00 | 1,088.00 | 1,225.00 | 1,180.00 | 1,202.00 | 1,280.00 | 1,329.00 |
| Expenses | 1,843.00 | 1,679.00 | 1,463.00 | 1,189.00 | 960.00 | 858.00 | 947.00 | 1,084.00 | 1,055.00 | 1,027.00 | 1,105.00 | 1,153.00 |
| Operating Profit | 523.00 | 548.00 | 475.00 | 341.00 | 252.00 | 186.00 | 142.00 | 140.00 | 126.00 | 175.00 | 176.00 | 176.00 |
| OPM % | 22.00 | 25.00 | 24.00 | 22.00 | 21.00 | 18.00 | 13.00 | 11.00 | 11.00 | 15.00 | 14.00 | 13.00 |
| Other Income | 60.00 | 63.00 | 50.00 | 22.00 | 5.00 | 8.00 | 9.00 | 69.00 | 8.00 | 12.00 | 29.00 | 17.00 |
| Interest | 25.00 | 13.00 | 9.00 | 14.00 | 38.00 | 60.00 | 78.00 | 74.00 | 75.00 | 90.00 | 83.00 | 87.00 |
| Depreciation | 104.00 | 61.00 | 51.00 | 49.00 | 49.00 | 52.00 | 53.00 | 48.00 | 53.00 | 53.00 | 62.00 | 72.00 |
| Profit before tax | 454.00 | 537.00 | 465.00 | 300.00 | 171.00 | 81.00 | 20.00 | 88.00 | 6.00 | 44.00 | 60.00 | 34.00 |
| Tax % | 25.00 | 23.00 | 24.00 | 21.00 | 18.00 | 29.00 | -360.00 | 21.00 | -33.00 | 75.00 | 37.00 | 49.00 |
| Net Profit | 341.00 | 415.00 | 356.00 | 238.00 | 140.00 | 58.00 | 90.00 | 70.00 | 7.00 | 11.00 | 37.00 | 17.00 |
| EPS in Rs | 15.20 | 18.50 | 15.85 | 10.58 | 6.26 | 2.57 | 4.00 | 3.12 | 0.33 | 0.48 | 1.72 | 0.75 |
| Dividend Payout % | 13.00 | 11.00 | 9.00 | 9.00 | 11.00 | 8.00 | 0.00 | 3.00 | 30.00 | 52.00 | 32.00 | 73.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 |
| Reserves | 2,283.00 | 1,976.00 | 1,582.00 | 1,257.00 | 1,028.00 | 897.00 | 832.00 | 746.00 | 686.00 | 687.00 | 682.00 | 514.00 |
| Borrowings | 273.00 | 181.00 | 70.00 | 52.00 | 151.00 | 335.00 | 483.00 | 548.00 | 590.00 | 583.00 | 629.00 | 552.00 |
| Other Liabilities | 655.00 | 550.00 | 449.00 | 399.00 | 513.00 | 733.00 | 792.00 | 849.00 | 857.00 | 794.00 | 870.00 | 877.00 |
| Total Liabilities | 3,234.00 | 2,729.00 | 2,123.00 | 1,730.00 | 1,715.00 | 1,988.00 | 2,129.00 | 2,165.00 | 2,156.00 | 2,087.00 | 2,203.00 | 1,964.00 |
| Fixed Assets | 930.00 | 914.00 | 769.00 | 754.00 | 739.00 | 758.00 | 799.00 | 799.00 | 834.00 | 861.00 | 898.00 | 523.00 |
| CWIP | 23.00 | 7.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 | 5.00 | 1.00 | 2.00 | 8.00 | 4.00 |
| Investments | 743.00 | 496.00 | 286.00 | 77.00 | 54.00 | 53.00 | 53.00 | 54.00 | 51.00 | 49.00 | 49.00 | 15.00 |
| Other Assets | 1,538.00 | 1,313.00 | 1,067.00 | 899.00 | 921.00 | 1,176.00 | 1,277.00 | 1,307.00 | 1,270.00 | 1,175.00 | 1,248.00 | 1,422.00 |
| Total Assets | 3,234.00 | 2,729.00 | 2,123.00 | 1,730.00 | 1,715.00 | 1,988.00 | 2,129.00 | 2,165.00 | 2,156.00 | 2,087.00 | 2,203.00 | 1,964.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 314.00 | 425.00 | 365.00 | 309.00 | 223.00 | 248.00 | 222.00 | 87.00 | 70.00 | 188.00 | 12.00 | 177.00 |
| Cash from Investing Activity | -182.00 | -309.00 | -279.00 | -166.00 | 15.00 | -19.00 | -25.00 | 40.00 | -51.00 | -7.00 | 7.00 | 0.00 |
| Cash from Financing Activity | -122.00 | -67.00 | -58.00 | -145.00 | -250.00 | -210.00 | -176.00 | -118.00 | -64.00 | -134.00 | -5.00 | -168.00 |
| Net Cash Flow | 10.00 | 49.00 | 27.00 | -2.00 | -12.00 | 19.00 | 21.00 | 9.00 | -44.00 | 47.00 | 14.00 | 9.00 |
| Free Cash Flow | 218.00 | 361.00 | 339.00 | 263.00 | 209.00 | 245.00 | 209.00 | 103.00 | 52.00 | 180.00 | 16.00 | 177.00 |
| CFO/OP % | 81.00 | 101.00 | 100.00 | 110.00 | 101.00 | 133.00 | 160.00 | 67.00 | 55.00 | 111.00 | 25.00 | 113.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 111.00 | 101.00 | 84.00 | 82.00 | 125.00 | 177.00 | 205.00 | 177.00 | 208.00 | 191.00 | 201.00 | 236.00 |
| Inventory Days | 98.00 | 86.00 | 97.00 | 142.00 | 167.00 | 188.00 | 248.00 | 206.00 | 189.00 | 203.00 | 218.00 | 187.00 |
| Days Payable | 94.00 | 100.00 | 80.00 | 100.00 | 173.00 | 319.00 | 420.00 | 259.00 | 295.00 | 326.00 | 331.00 | 278.00 |
| Cash Conversion Cycle | 115.00 | 87.00 | 102.00 | 125.00 | 119.00 | 46.00 | 33.00 | 124.00 | 102.00 | 69.00 | 88.00 | 145.00 |
| Working Capital Days | 74.00 | 63.00 | 67.00 | 75.00 | 71.00 | 54.00 | 38.00 | 50.00 | 1.00 | -27.00 | -11.00 | 66.00 |
| ROCE % | 21.00 | 28.00 | 31.00 | 25.00 | 17.00 | 11.00 | 7.00 | 10.00 | 6.00 | 10.00 | 10.00 | 10.00 |
Corporate Actions
31 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 12 Jun 2026 | 12 Jun 2026 | — | 1.50 | |
| Dividend | 16 Oct 2025 | 16 Oct 2025 | — | 0.50 | |
| Dividend | 13 Jun 2025 | 13 Jun 2025 | — | 1.50 | |
| Dividend | 28 Oct 2024 | 28 Oct 2024 | — | 0.50 | |
| Split | 19 Jul 2024 | 19 Jul 2024 | 2:1 | — | |
| Dividend | 14 Jun 2024 | — | — | 2.00 | |
| Dividend | 31 Oct 2023 | 31 Oct 2023 | — | 1.00 | |
| Dividend | 09 Jun 2023 | — | — | 2.00 | |
| Dividend | 09 Jun 2022 | 10 Jun 2022 | — | 0.40 | NSE/BSE dividend mismatch: BSE/NSE=1.0; BSE/NSE=0.4 |
| Dividend | 09 Jun 2022 | 10 Jun 2022 | — | 1.00 | NSE/BSE dividend mismatch: BSE/NSE=1.0; BSE/NSE=0.4 |
| Dividend | 22 Jul 2021 | 23 Jul 2021 | — | 0.40 | |
| Other | 16 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 06 Sep 2019 | — | — | 0.20 | |
| Dividend | 18 Sep 2018 | — | — | 0.20 | |
| Dividend | 26 Jul 2017 | — | — | 0.50 | |
| Dividend | 18 Jul 2016 | — | — | 1.10 | |
| Dividend | 06 Aug 2015 | — | — | 1.10 | |
| Dividend | 18 Jul 2014 | — | — | 1.00 | |
| Dividend | 08 Aug 2013 | — | — | 1.00 | |
| Dividend | 23 Jul 2012 | — | — | 1.80 | |
| Dividend | 28 Jul 2011 | — | — | 1.80 | |
| Dividend | 29 Jun 2010 | — | — | 1.50 | |
| Dividend | 29 Jun 2009 | — | — | 1.50 | |
| Dividend | 11 Jul 2008 | — | — | 1.50 | NSE/BSE dividend mismatch: NSE=0.75; BSE=1.5 |
| Dividend | 11 Jul 2008 | — | — | 0.75 | NSE/BSE dividend mismatch: NSE=0.75; BSE=1.5 |
| Bonus | 10 Oct 2007 | 11 Oct 2007 | 2:1 | — | |
| Dividend | 13 Jul 2007 | — | — | 1.50 | NSE/BSE dividend mismatch: NSE=0.75; BSE=1.5 |
| Dividend | 13 Jul 2007 | — | — | 0.75 | NSE/BSE dividend mismatch: NSE=0.75; BSE=1.5 |
| Split | 17 Oct 2006 | 26 Oct 2006 | 10:2 | — | |
| Other | 20 Aug 2001 | — | — | — | Agm Purpose Revised |
| Dividend | 09 Aug 2000 | — | — | 0.18 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update15 Jul from icra
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Rating update3 Jul 2025 from icra
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Rating update25 Jul 2024 from icra
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Rating update7 Jun 2023 from icra
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Rating update27 Oct 2022 from brickwork
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Rating update18 Oct 2022 from icra
Conference Calls
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