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Elecon Engineering Company Limited

ELECON | NSE

504.10

INR

32.55

6.90%

ELECON | NSE
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About Elecon Engineering Company Limited

Sector

Industrials

Industry

Specialty Industrial Machinery

Earnings date

31/03/2024

As of date

22/04/2026

Close

504.10

Open

467.80

High

511.00

Low

464.15

Elecon Engineering Company Limited manufactures and sells power transmission and material handling equipment in India and internationally. The company operates in two segments Material Handling Equipment and Transmission Equipment. It provides helical and bevel helical planetary worm high speed wind turbine marine and custom-built gear boxes; customized gear boxes; loose gears; vertical roller mill drives; elign geared elflex flexible fluid scoop controlled variable speed controlled fluid and torsion shaft couplings; and elevator traction machines. 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 mining power plastic material handling chemical palm oil crane paper rubber marine and fertilizer industries as well as windmills and ports. Elecon Engineering Company Limited was founded in 1951 and is based in Vallabh Vidyanagar India.

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ELECON | NSE

Risk
63.3
Sharpe
0.25
Luna's Score
49/100
Recommendation
Hold

Luna says (ELECON | NSE)

What's Working

Strength based on increasing price with high volume

High Current Volume and Positive 1-Day Return

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

What's not Working

High Short-term Volatility

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Rich in Valuation (Price to Book > 8)

Declining Revenue (< 0%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

61.3%

1 month

63.3%

3 months

54.3%

6 months

51.2%

Returns

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Fundamental Ratios

PE

45.46

Fwd. PE

13.44

Price to book

8.01

Debt to equity

0.04

Debt to assets

0.03

Ent. to EBITDA

26.26

Ent. to rev.

7.13

PEG

-

Other Fundamentals

EBITDA

4.65B

MarketCap

130.27B

MarketCap(USD)

1.39B

Div. yield

0.21

Op. margin

20.28

Erngs. growth

0.60

Rev. growth

-5.30

Ret. on equity

24.67

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

110.50

Range1M

159.00

Range3M

159.00

Volumes: Market Activity

Volume Averages

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Rel. volume

2.11

Price X volume

1.25B

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA26.2639.27Cheaper
Ent. to Revenue7.1312.59Cheaper
PE Ratio45.4662.57Cheaper
Price to Book8.0111.06Cheaper
Dividend Yield0.210.48Poor
Std. Deviation (3M)54.2748.16Par
Debt to Equity0.04-1.03Expensive
Debt to Assets0.030.17Cheaper
Market Cap130.27B218.80BEmerging
  • 1

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