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Elecon Engineering Co. Ltd. (IN:ELECON)
:ELECON
India Market
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Elecon Engineering Co. Ltd. (ELECON) Price & Analysis

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ELECON Stock Chart & Stats

₹517.60
₹3.65(0.60%)
At close: 4:00 PM EST
₹517.60
₹3.65(0.60%)

Bulls Say, Bears Say

Bulls Say
High Profitability & Capital EfficiencySustainably high gross and operating margins, coupled with strong ROE, signal durable pricing power and manufacturing efficiency in engineered industrial products. These fundamentals support reinvestment, aftermarket support and stable operating cash generation across cycles.
Conservative Balance Sheet / Low LeverageVery low leverage provides financial flexibility to fund working-capital swings, project-backed capex and selective investment without stressing liquidity. This reduces refinancing risk and preserves capacity for strategic moves or sustaining operations during industry slowdowns.
Recurring Aftermarket & Diversified Revenue StreamsA mix of product sales, project contracts and a repeatable aftermarket services stream creates recurring, higher-margin cash flows and deepens customer relationships. This installed-base monetization smooths volatility from project cycles and supports long-term revenue resilience.
Bears Say
FY2026 Growth & Earnings WeaknessA clear slowdown in reported top-line growth and a drop in net income in FY2026 indicate demand softness or execution issues in core industrial end markets. Persistent weakness would erode momentum, reduce pricing leverage and make multi-quarter recovery harder without visible order-book improvements.
Deteriorating Cash ConversionA meaningful drop in FCF conversion reduces cash available for capex, servicing customers and funding growth. Higher working-capital absorption or cash drag increases liquidity sensitivity and constrains strategic flexibility, raising the operational risk profile over the medium term.
Margin Pressure & Earnings Compression In FY2026A decline in net margin and earnings despite revenue growth suggests margin squeeze from cost inflation, mix shifts, or competitive pricing. If sustained, this weakens return on invested capital and limits ability to finance aftermarket services or capital expenditure without external funding.

Elecon Engineering Co. Ltd. News

ELECON FAQ

What was Elecon Engineering Co. Ltd.’s price range in the past 12 months?
Elecon Engineering Co. Ltd. lowest stock price was ₹352.00 and its highest was ₹682.90 in the past 12 months.
    What is Elecon Engineering Co. Ltd.’s market cap?
    Elecon Engineering Co. Ltd.’s market cap is ₹121.02B.
      When is Elecon Engineering Co. Ltd.’s upcoming earnings report date?
      Elecon Engineering Co. Ltd.’s upcoming earnings report date is Jul 16, 2026 which is in 25 days.
        How were Elecon Engineering Co. Ltd.’s earnings last quarter?
        Elecon Engineering Co. Ltd. released its earnings results on Apr 15, 2026. The company reported ₹0.267 earnings per share for the quarter, beating the consensus estimate of N/A by ₹0.267.
          Is Elecon Engineering Co. Ltd. overvalued?
          According to Wall Street analysts Elecon Engineering Co. Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Elecon Engineering Co. Ltd. pay dividends?
            Elecon Engineering Co. Ltd. pays a Semiannually dividend of ₹1.5 which represents an annual dividend yield of 0.41%. See more information on Elecon Engineering Co. Ltd. dividends here
              What is Elecon Engineering Co. Ltd.’s EPS estimate?
              Elecon Engineering Co. Ltd.’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Elecon Engineering Co. Ltd. have?
              Elecon Engineering Co. Ltd. has 224,399,930 shares outstanding.
                What happened to Elecon Engineering Co. Ltd.’s price movement after its last earnings report?
                Elecon Engineering Co. Ltd. reported an EPS of ₹0.267 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.326%.
                  Which hedge fund is a major shareholder of Elecon Engineering Co. Ltd.?
                  Currently, no hedge funds are holding shares in IN:ELECON
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Elecon Engineering Co. Ltd.

                    Elecon Engineering Company Limited specializes in the production and global distribution of power transmission and material handling machinery. Its business activities are categorized into two primary divisions: Material Handling Equipment and Transmission Equipment. The Transmission Equipment division offers a comprehensive array of gearboxes, including helical, bevel helical, planetary, worm, high-speed, and specialized models for wind turbines and marine applications, alongside custom-engineered solutions. This segment also supplies loose gears, vertical roller mill drives, and a variety of industrial couplings such as geared, flexible, fluid, scoop-controlled variable speed fluid, and torsion shaft types, in addition to elevator traction machines. Within its Material Handling Equipment segment, Elecon delivers systems for processing raw materials, alongside specialized machinery like stackers, scrapers, reclaimers, bagging and weighing apparatus, wagon and truck loading systems, crushers, wagon tipplers with complementary gear, feeders, idlers, pulleys, magnetic separators, weighers, detectors, port-specific equipment, and cable reeling drums. Beyond its core manufacturing, the company also operates a ferrous and non-ferrous foundry, develops alternative energy products, and extends its service offerings to include repair and refurbishment for gearboxes, as well as support services for material handling equipment. Its diverse clientele spans sectors such as cement, sugar, defense, steel, mining, power generation, plastics, chemicals, palm oil, paper, rubber, marine, and fertilizer production, in addition to serving crane manufacturers, material handling operations, wind power facilities, and ports. Established in 1951, the firm maintains its headquarters in Vallabh Vidyanagar, India.

                    Elecon Engineering Co. Ltd. (ELECON) Earnings & Revenues

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