Is Elecon Engineering (ELECON) overvalued or fairly valued?

MarketChacha shows Elecon Engineering's valuation in context — a forward P/E of about 21.0, a price-to-book of about 4.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Elecon Engineering's revenue?

Elecon Engineering reported revenue of ₹2,016 Cr for FY2026, with net profit of ₹477 Cr, per official filings.

What is the share price of Elecon Engineering (ELECON)?

Elecon Engineering last traded at ₹460.70 (-6.6% on the day), as of 10/19/2026 — a delayed quote shown for education, not investment advice.

Elecon Engineering

ELECON · NSE · Capital Goods · India

Snapshot

TickerELECON

ExchangeNSE

SectorCapital Goods

IndustrySpecialty Industrial Machinery

CountryIndia

Employees2,452

HeadquartersVallabh Vidya Nagar, India

Websitewww.elecon.com

Filings tracked0

About Elecon Engineering

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.

Who owns it

Promoters63.2%
Institutions11.6%
Public & other25.2%

53 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

Margin has compressed by about 3.9 points over the period — profitability is trending down.

Net margin trend18.4% → 14.4%

Margin has compressed by about 3.9 points over the period — profitability is trending down.

Growth qualityrev 7% · PAT 9%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next fiscal year

Rev ₹3,127 Cr · EPS 21.60

Est. earnings growth +26.3%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 6

Revenue (FY2026)

₹2,366 Cr

Net margin

14.4%

Revenue CAGR (2y)

+10.5%

Profit CAGR (3y)

+12.8%

Net profit (FY2026)

₹341 Cr

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Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹2,366 Cr	₹341 Cr	14.4%
FY2025	₹2,227 Cr	₹415 Cr	18.6%
FY2024	₹1,937 Cr	₹356 Cr	18.4%
FY2023	—	₹237 Cr	—

Quarterly

Period	Revenue	Net profit	EPS	Net margin
Q1 FY27	₹398 Cr	₹59 Cr	2.61	14.7%
Q4 FY26	₹656 Cr	₹97 Cr	4.32	14.8%
Q3 FY24	—	₹90 Cr	—	—
Q2 FY24	₹485 Cr	₹89 Cr	—	18.3%
Q1 FY24	₹414 Cr	₹73 Cr	—	17.6%
Q4 FY13	₹181 Cr	—	—	—

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.