Eimco Elecon (India) Ltd. (EIMCOELECO) AI Stock Analysis

• Market Cap: ₹11.80B
• Dividend Yield: 0.25%
• Average Volume (3M): 837.00
• Price to Earnings (P/E): 24.3
• Beta (1Y): 1.53
• Revenue Growth: -3.58%
• EPS Growth: 1.34%
• Country: IN
• Employees: 124
• Sector: Industrials
• Sector Strength: 72
• Industry: Agricultural - Machinery
• EPS (TTM): 25.11
• Shares Outstanding: 5,768,385
• 10 Day Avg. Volume: 1,486
• 30 Day Avg. Volume: 837
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹2,416.00
• Price Target Upside: 19.40% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: ₹2,416.00 ▲(19.40% Upside)

Eimco Elecon's overall stock score reflects strong financial performance and stability, offset by mixed technical indicators and moderate valuation. The company's robust revenue growth and solid balance sheet are significant strengths, while the technical analysis suggests caution due to bearish momentum signals. The valuation indicates a fair market price, limiting immediate upside potential.

Eimco Elecon (India) Ltd. Business Overview & Revenue Model

Company Description

Eimco Elecon (India) Limited manufactures and sells equipment for mining and construction sector in India. It offers side dump loaders, load haul dumpers, coal haulers, roof bolters, shuttle cars, continuous miner package, universal drill machines, articulated wheel loaders, foundation equipment, low profile dump trucks, rocker shovel loaders, and underground transport systems, as well as piling rigs, air motors, and chair lift man riding systems. The company also exports its products to South East Asia and Africa. Eimco Elecon (India) Limited was incorporated in 1974 and is headquartered in Vallabh Vidyanagar, India.

How the Company Makes Money

Eimco Elecon (India) Ltd. generates revenue primarily through the manufacturing and sale of mining and construction equipment. The company earns money by selling its products to mining companies, construction firms, and other industrial clients. Key revenue streams include the sale of machinery and equipment, after-sales services, and spare parts. Eimco Elecon may also engage in strategic partnerships and collaborations to enhance its market presence and expand its product offerings. The company's earnings are influenced by factors such as technological advancements, market demand for mining and construction equipment, and economic conditions in the regions it operates.

Eimco Elecon (India) Ltd. Financial Statement Overview

Summary

Eimco Elecon demonstrates strong financial performance with robust revenue and profit growth, efficient cost management, and a solid balance sheet. The company benefits from low leverage and a high equity ratio, although cash flow stability could be improved.

Income Statement

Eimco Elecon has demonstrated robust revenue growth from 2020 to 2025, with a notable increase in gross profit margin and net income. The company achieved a substantial gross profit margin of 53.8% in 2025, reflecting efficient cost management. The EBIT and EBITDA margins also improved significantly, indicating strong operational performance. However, net profit margin could be further enhanced.

Balance Sheet

The company's balance sheet is strong, with a minimal debt-to-equity ratio, highlighting low financial leverage and solid equity backing. Stockholders' equity has steadily increased, showcasing investor confidence and financial stability. The equity ratio is high, further indicating a prudent financial structure. However, an increase in total liabilities in 2025 should be monitored.

Cash Flow

Operating cash flow has shown improvement, with a positive trend in free cash flow from 2023 to 2025. The free cash flow to net income ratio is solid, suggesting effective cash generation relative to earnings. However, fluctuations in investing cash flows indicate potential variability in cash management strategies.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.46B	2.46B	2.28B	1.73B	844.44M	1.25B
Gross Profit	1.26B	1.33B	1.00B	826.94M	181.87M	567.92M
EBITDA	646.35M	561.58M	563.29M	332.02M	182.34M	220.17M
Net Income	489.07M	489.07M	385.48M	195.25M	86.78M	112.75M
Balance Sheet
Total Assets	4.88B	4.88B	4.50B	3.89B	3.65B	3.70B
Cash, Cash Equivalents and Short-Term Investments	360.60M	367.22M	145.26M	26.57M	724.75M	950.24M
Total Debt	1.29M	1.29M	4.08M	6.37M	3.97M	16.89M
Total Liabilities	560.36M	560.36M	641.95M	380.44M	326.20M	423.44M
Stockholders Equity	4.32B	4.32B	3.86B	3.51B	3.33B	3.27B
Cash Flow
Free Cash Flow	0.00	271.69M	68.93M	38.26M	-126.94M	-32.54M
Operating Cash Flow	0.00	332.78M	115.92M	66.64M	-110.14M	26.10M
Investing Cash Flow	0.00	-358.06M	-22.66M	-46.58M	79.69M	34.72M
Financing Cash Flow	0.00	-37.33M	-40.99M	-24.26M	-33.13M	-34.03M

Eimco Elecon (India) Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2023.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EIMCOELECO, the sentiment is Negative. The current price of 2023.5 is below the 20-day moving average (MA) of 2127.45, below the 50-day MA of 2255.37, and below the 200-day MA of 2035.64, indicating a bearish trend. The MACD of -44.40 indicates Positive momentum. The RSI at 39.90 is Neutral, neither overbought nor oversold. The STOCH value of 8.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EIMCOELECO.

Eimco Elecon (India) Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ELECON	74 Outperform	137.37B	26.98	20.77%	0.33%	20.07%	45.28%
EIMCOELECO	70 Outperform	₹11.80B	24.29		0.25%	-3.58%	1.34%
PRECWIRE	69 Neutral	32.56B	34.42	15.63%	0.63%	20.80%	20.82%
INDOTECH	68 Neutral	18.87B	24.46	22.75%	―	40.81%	56.69%
GUJAPOLLO	59 Neutral	5.93B	-1,218.14	0.48%	0.40%	-15.84%	-103.88%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%