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    • Elecon Engineering Company Share Price

    Mid Cap
    ₹626.35
    + 3.75 (0.6%)
    • Advice
    • Hold
    18 September, 2024 02:43 BSE: 505700 NSE: ELECON ISIN: INE205B01031
    Split

    Start SIP in Elecon Engineering Company

    Start SIP

    Elecon Engineering Company Performance

    Day Range

    • Low 616
    • High 629
    ₹ 626

    52 Week Range

    • Low 346
    • High 717
    ₹ 626
    • Open Price622
    • Previous Close623
    • Volume225622

    Elecon Engineering Company Chart

    • Over 1 Month + 3.43%
    • Over 3 Month -5.22%
    • Over 6 Month + 43.5%
    • Over 1 Year + 64.56%

    Elecon Engineering Company Key Statistics

    P/E Ratio 39.5
    PEG Ratio 1.2
    Market Cap Cr
    Price to Book Ratio 8.8
    EPS 13.4
    Dividend 0.2
    Relative Strength Index 52.95
    Money Flow Index 48.81
    MACD Signal 2.62
    Average True Range 19.53

    Elecon Engineering Company Investment Rating

    • Master Rating:

    • Elecon Engineering has an operating revenue of Rs. 1,915.44 Cr. on a trailing 12-month basis. An annual revenue growth of 28% is outstanding, Pre-tax margin of 24% is great, ROE of 22% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 16% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 13% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 57 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 99 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Elecon Engineering Company Financials
    IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Oper Rev Qtr Cr 293485383407324331
    Operating Expenses Qtr Cr 221368282299238251
    Operating Profit Qtr Cr 731181011088779
    Depreciation Qtr Cr 101010111011
    Interest Qtr Cr 111224
    Tax Qtr Cr 193026272015
    Net Profit Qtr Cr 558776796159
    IndicatorMar 2024Mar 2023
    Total Revenue Annual Cr 1,6391,213
    Operating Expenses Annual Cr 1,186916
    Operating Profit Annual in Cr 414281
    Depreciation Cr 4139
    Interest Annual Cr 611
    Tax Annual Cr 10358
    Net Profit Annual Cr 303188
    IndicatorMar 2024Mar 2023
    Cash from Operating Activity Annual Cr 235295
    Cash from Investing Activity Annual Cr -185-145
    Cash from Financing Annual Activity Cr -47-140
    Net Cash Flow Annual Cr 310
    IndicatorMar 2024Mar 2023
    Total ShareHolders Funds Annual Cr 1,3481,079
    Fixed Assets Annual Cr 624606
    Total Non Current Assets Annual Cr 816758
    Total Current Assets Annual Cr 944657
    Total Assets Annual Cr 1,7601,416
    IndicatorMar 2024Mar 2023
    Book Value Per Share Annual Rs 12096
    ROE Annual % 2217
    ROCE Annual % 2923
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2825
    IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Oper Rev Qtr Cr 392565474485414425
    Operating Expenses Qtr Cr 300429353366314332
    Operating Profit Qtr Cr 9213512011910093
    Depreciation Qtr Cr 131313131214
    Interest Qtr Cr 221325
    Tax Qtr Cr 213327292216
    Net Profit Qtr Cr 7310490897368
    IndicatorMar 2024Mar 2023
    Total Revenue Annual Cr 1,9811,550
    Operating Expenses Annual Cr 1,4631,191
    Operating Profit Annual in Cr 474339
    Depreciation Cr 5149
    Interest Annual Cr 913
    Tax Annual Cr 11062
    Net Profit Annual Cr 356237
    IndicatorMar 2024Mar 2023
    Cash from Operating Activity Annual Cr 365310
    Cash from Investing Activity Annual Cr -279-167
    Cash from Financing Annual Activity Cr -59-145
    Net Cash Flow Annual Cr 27-2
    IndicatorMar 2024Mar 2023
    Total ShareHolders Funds Annual Cr 1,6041,279
    Fixed Assets Annual Cr 668651
    Total Non Current Assets Annual Cr 907844
    Total Current Assets Annual Cr 1,217888
    Total Assets Annual Cr 2,1241,732
    IndicatorMar 2024Mar 2023
    Book Value Per Share Annual Rs 143114
    ROE Annual % 2219
    ROCE Annual % 2722
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2723
    Invest in Elecon Engineering Company

    Elecon Engineering Company Technicals

    EMA & SMA

    Current Price
    ₹626.35
    + 3.75 (0.6%)
    pointer
    • Bullish Moving Average
    • ___
    • 16
    • Bearish Moving Average
    • ___
    • 0
    • 20 Day
    • ₹621.07
    • 50 Day
    • ₹616.00
    • 100 Day
    • ₹596.42
    • 200 Day
    • ₹546.31
    • 20 Day
    • ₹620.22
    • 50 Day
    • ₹619.62
    • 100 Day
    • ₹604.89
    • 200 Day
    • ₹547.60

    Elecon Engineering Company Resistance and Support

    PIVOT
    ₹623.85
    Resistance
    First Resistance 631.30
    Second Resistance 636.25
    Third Resistance 643.70
    RSI 52.95
    MFI 48.81
    MACD Single Line 2.62
    MACD 3.60
    Support
    First Support 618.90
    Second Support 611.45
    Third Supoort 606.50

    Elecon Engineering Company Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 248,859 16,501,840 66.31
    Week 266,014 14,303,551 53.77
    1 Month 284,660 14,887,718 52.3
    6 Month 525,214 20,756,471 39.52

    Elecon Engineering Company Result Highlights

    Elecon Engineering Company Synopsis

    NSE-Machinery-Gen Industrial

    Elecon Engg. belongs to the Industry of Engineering - Heavy. Company’s Total Operating Revenue is Rs. 1599.67 Cr. and Equity Capital is Rs. 22.44 Cr. for the Year ended 31/03/2024. Elecon Engineering Company Ltd. is a Public Limited Listed company incorporated on 11/01/1960 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L29100GJ1960PLC001082 and registration number is 001082.
    Market Cap 13,971
    Sales 1,569
    Shares in Float 9.20
    No of funds 178
    Yield 0.48
    Book Value 10.37
    U/D Vol ratio 0.6
    LTDebt / Equity
    Alpha 0.07
    Beta 1.42

    Elecon Engineering Company Shareholding Pattern

    Owner NameJun-24Mar-24Dec-23Sep-23
    Promoters 59.27%59.27%59.29%59.29%
    Mutual Funds 1.06%1.3%1.64%1.68%
    Insurance Companies 0.1%0.25%0.08%0.06%
    Foreign Portfolio Investors 9.1%7.58%5.96%4.88%
    Financial Institutions/ Banks 0.04%0.04%0.04%0.04%
    Individual Investors 23.94%25.13%26.16%26.55%
    Others 6.49%6.43%6.83%7.5%

    Elecon Engineering Company Management

    Name Designation
    Mr. Prayasvin B Patel Chairman & Managing Director
    Mr. Prashant C Amin Director
    Mr. Pradip M Patel Director
    Mr. Pranav C Amin Director
    Dr. Sonal V Ambani Director
    Mr. Ashutosh Arvind Pednekar Director
    Mr. Aayush A Shah Director
    Mr. Nirmal P Bhogilal Director

    Elecon Engineering Company Forecast

    Price Estimates

    2,000(9.8%)
    1,758(-3.5%)
    1,590(-12.7%)

    Other Analyst Rating

    Elecon Engineering Company Corporate Action

    Date Purpose Remarks
    2024-07-17 Quarterly Results
    2024-04-19 Audited Results, Dividend & Stock Split
    2024-01-25 Quarterly Results
    2023-10-20 Quarterly Results & Interim Dividend
    2023-07-11 Quarterly Results
    Date Purpose Remarks
    2023-10-31 INTERIM Rs.1.00 per share(50%)Interim Dividend
    2022-06-10 FINAL Rs.1.00 per share(50%)Final Dividend
    2022-06-10 FINAL Rs.0.40 per share(20%)Special Dividend
    2021-07-23 FINAL Rs.0.40 per share(20%)Dividend
    Date Purpose Remarks
    2024-07-19 Split Rs.0.00 split from Rs. 2/- to Re. 1/- .

    Elecon Engineering Company MF Shareholding

    Name Amount(cr)
    HDFC Multi Cap Fund Regular Growth 17,186
    Franklin India Smaller Companies Fund Growth 14,423
    HDFC Manufacturing Fund Regular Growth 13,278
    HDFC Capital Builder Value Fund Growth 7,733
    Motilal Oswal Nifty 500 Fund Regular Growth 2,019

    Elecon Engineering Company FAQs

    What is Share Price of Elecon Engineering Company ?

    Elecon Engineering Company share price is ₹626 As on 18 September, 2024 | 02:29

    What is the Market Cap of Elecon Engineering Company ?

    The Market Cap of Elecon Engineering Company is ₹14055.3 Cr As on 18 September, 2024 | 02:29

    What is the P/E ratio of Elecon Engineering Company ?

    The P/E ratio of Elecon Engineering Company is 39.5 As on 18 September, 2024 | 02:29

    What is the PB ratio of Elecon Engineering Company ?

    The PB ratio of Elecon Engineering Company is 8.8 As on 18 September, 2024 | 02:29

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