Elecon Engineering Company Limited Logo

Elecon Engineering Company Limited

ELECON.NS

(2.5)
Stock Price

636,10 INR

16.59% ROA

47.5% ROE

39.21x PER

Market Cap.

114.516.930.000,00 INR

3.21% DER

0.29% Yield

17.8% NPM

Elecon Engineering Company Limited Stock Analysis

Elecon Engineering Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Elecon Engineering Company Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (43.91%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a minimal amount of debt (3%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

5 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

6 Dividend

The company's track record of consistently paying dividends in the last three years highlights its dedication to providing investors with regular income.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (8.245) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 PBV

The stock's elevated P/BV ratio (7.04x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

9 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Elecon Engineering Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Elecon Engineering Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Elecon Engineering Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Elecon Engineering Company Limited Revenue
Year Revenue Growth
2005 3.987.759.000
2006 6.689.263.000 40.39%
2007 7.306.758.000 8.45%
2008 7.896.132.000 7.46%
2009 9.719.848.000 18.76%
2010 12.876.141.000 24.51%
2011 16.132.169.000 20.18%
2012 15.268.466.000 -5.66%
2013 12.929.179.000 -18.09%
2014 13.288.905.000 2.71%
2015 12.853.456.000 -3.39%
2016 12.015.323.000 -6.98%
2017 11.665.304.000 -3%
2018 12.144.341.000 3.94%
2019 10.719.285.000 -13.29%
2020 10.359.077.000 -3.48%
2021 11.929.217.000 13.16%
2022 15.296.821.000 22.02%
2023 19.396.000.000 21.13%
2023 19.374.200.000 -0.11%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Elecon Engineering Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 2.868.000 100%
2012 46.779.000 93.87%
2013 62.949.000 25.69%
2014 29.098.000 -116.33%
2015 37.998.000 23.42%
2016 35.865.000 -5.95%
2017 25.342.000 -41.52%
2018 43.123.000 41.23%
2019 40.158.000 -7.38%
2020 35.922.000 -11.79%
2021 40.308.000 10.88%
2022 45.029.000 10.48%
2023 0 0%
2023 37.500.000 100%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Elecon Engineering Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 615.369.000
2006 908.062.000 32.23%
2007 1.029.029.000 11.76%
2008 1.231.550.000 16.44%
2009 1.170.412.000 -5.22%
2010 1.673.597.000 30.07%
2011 896.071.000 -86.77%
2012 417.583.000 -114.59%
2013 479.204.000 12.86%
2014 1.787.599.000 73.19%
2015 337.336.000 -429.92%
2016 364.650.000 7.49%
2017 205.242.000 -77.67%
2018 216.611.000 5.25%
2019 192.686.000 -12.42%
2020 142.756.000 -34.98%
2021 130.235.000 -9.61%
2022 139.429.000 6.59%
2023 0 0%
2023 167.300.000 100%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Elecon Engineering Company Limited EBITDA
Year EBITDA Growth
2005 679.451.000
2006 1.182.917.000 42.56%
2007 1.403.037.000 15.69%
2008 1.586.154.000 11.54%
2009 1.743.263.000 9.01%
2010 1.910.253.000 8.74%
2011 2.173.159.000 12.1%
2012 2.156.059.000 -0.79%
2013 1.632.312.000 -32.09%
2014 1.581.876.000 -3.19%
2015 1.627.470.000 2.8%
2016 1.669.185.000 2.5%
2017 1.205.721.000 -38.44%
2018 2.068.905.000 41.72%
2019 1.654.910.000 -25.02%
2020 2.991.032.000 44.67%
2021 2.731.406.000 -9.51%
2022 3.621.794.000 24.58%
2023 5.323.200.000 31.96%
2023 4.744.700.000 -12.19%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Elecon Engineering Company Limited Gross Profit
Year Gross Profit Growth
2005 4.163.653.000
2006 6.786.307.000 38.65%
2007 7.777.758.000 12.75%
2008 8.951.096.000 13.11%
2009 9.373.197.000 4.5%
2010 4.289.052.000 -118.54%
2011 5.773.107.000 25.71%
2012 5.892.460.000 2.03%
2013 5.269.962.000 -11.81%
2014 5.052.231.000 -4.31%
2015 4.835.577.000 -4.48%
2016 5.063.164.000 4.49%
2017 4.053.753.000 -24.9%
2018 4.356.519.000 6.95%
2019 4.262.695.000 -2.2%
2020 4.737.678.000 10.03%
2021 5.400.584.000 12.27%
2022 6.939.590.000 22.18%
2023 8.863.600.000 21.71%
2023 6.797.500.000 -30.39%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Elecon Engineering Company Limited Net Profit
Year Net Profit Growth
2005 278.836.000
2006 549.030.000 49.21%
2007 672.042.000 18.3%
2008 574.512.000 -16.98%
2009 661.753.000 13.18%
2010 899.579.000 26.44%
2011 605.354.000 -48.6%
2012 179.322.000 -237.58%
2013 137.328.000 -30.58%
2014 163.443.000 15.98%
2015 382.167.000 57.23%
2016 107.502.000 -255.5%
2017 74.850.000 -43.62%
2018 701.092.000 89.32%
2019 897.015.000 21.84%
2020 576.309.000 -55.65%
2021 1.404.925.000 58.98%
2022 2.375.100.000 40.85%
2023 3.542.800.000 32.96%
2023 3.555.800.000 0.37%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Elecon Engineering Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 2
2006 3 50%
2007 4 33.33%
2008 3 0%
2009 4 0%
2010 5 25%
2011 3 -33.33%
2012 1 0%
2013 1 0%
2014 1 0%
2015 2 100%
2016 0 0%
2017 0 0%
2018 3 100%
2019 4 25%
2020 3 -100%
2021 6 66.67%
2022 11 40%
2023 32 67.74%
2023 16 -106.67%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Elecon Engineering Company Limited Free Cashflow
Year Free Cashflow Growth
2005 -833.571.000
2006 -1.064.434.000 21.69%
2007 -1.021.537.000 -4.2%
2008 -689.269.000 -48.21%
2009 851.850.000 180.91%
2010 424.276.000 -100.78%
2011 821.234.000 48.34%
2012 394.674.000 -108.08%
2013 1.245.771.000 68.32%
2014 1.607.331.000 22.49%
2015 35.183.000 -4468.49%
2016 1.765.436.000 98.01%
2017 407.590.000 -333.14%
2018 422.660.000 3.57%
2019 2.086.049.000 79.74%
2020 2.440.600.000 14.53%
2021 2.014.716.000 -21.14%
2022 2.629.618.000 23.38%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Elecon Engineering Company Limited Operating Cashflow
Year Operating Cashflow Growth
2005 -405.121.000
2006 -621.295.000 34.79%
2007 -202.152.000 -207.34%
2008 712.505.000 128.37%
2009 1.701.137.000 58.12%
2010 909.866.000 -86.97%
2011 2.158.299.000 57.84%
2012 1.761.878.000 -22.5%
2013 1.596.969.000 -10.33%
2014 1.773.781.000 9.97%
2015 276.119.000 -542.4%
2016 1.874.700.000 85.27%
2017 703.543.000 -166.47%
2018 873.408.000 19.45%
2019 2.221.603.000 60.69%
2020 2.480.267.000 10.43%
2021 2.500.354.000 0.8%
2022 3.100.170.000 19.35%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Elecon Engineering Company Limited Capital Expenditure
Year Capital Expenditure Growth
2005 428.450.000
2006 443.139.000 3.31%
2007 819.385.000 45.92%
2008 1.401.774.000 41.55%
2009 849.287.000 -65.05%
2010 485.590.000 -74.9%
2011 1.337.065.000 63.68%
2012 1.367.204.000 2.2%
2013 351.198.000 -289.3%
2014 166.450.000 -110.99%
2015 240.936.000 30.92%
2016 109.264.000 -120.51%
2017 295.953.000 63.08%
2018 450.748.000 34.34%
2019 135.554.000 -232.52%
2020 39.667.000 -241.73%
2021 485.638.000 91.83%
2022 470.552.000 -3.21%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Elecon Engineering Company Limited Equity
Year Equity Growth
2005 1.026.638.000
2006 1.879.038.000 45.36%
2007 2.367.262.000 20.62%
2008 2.754.000.000 14.04%
2009 3.261.064.000 15.55%
2010 4.183.909.000 22.06%
2011 4.586.929.000 8.79%
2012 5.377.916.000 14.71%
2013 5.320.937.000 -1.07%
2014 5.355.681.000 0.65%
2015 5.619.086.000 4.69%
2016 7.098.497.000 20.84%
2017 7.088.719.000 -0.14%
2018 7.680.644.000 7.71%
2019 8.541.938.000 10.08%
2020 9.192.483.000 7.08%
2021 10.502.378.000 12.47%
2022 12.791.095.000 17.89%
2023 14.147.300.000 9.59%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Elecon Engineering Company Limited Assets
Year Assets Growth
2005 5.372.139.000
2006 7.445.486.000 27.85%
2007 10.131.311.000 26.51%
2008 13.320.351.000 23.94%
2009 12.967.573.000 -2.72%
2010 17.025.092.000 23.83%
2011 19.197.732.000 11.32%
2012 21.259.165.000 9.7%
2013 20.607.434.000 -3.16%
2014 19.676.027.000 -4.73%
2015 20.312.826.000 3.13%
2016 20.943.513.000 3.01%
2017 21.647.328.000 3.25%
2018 21.694.936.000 0.22%
2019 21.349.831.000 -1.62%
2020 19.927.361.000 -7.14%
2021 17.184.521.000 -15.96%
2022 17.319.701.000 0.78%
2023 18.810.700.000 7.93%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Elecon Engineering Company Limited Liabilities
Year Liabilities Growth
2005 4.345.501.000
2006 5.566.448.000 21.93%
2007 7.764.049.000 28.3%
2008 10.566.351.000 26.52%
2009 9.706.509.000 -8.86%
2010 12.841.183.000 24.41%
2011 14.610.803.000 12.11%
2012 15.537.802.000 5.97%
2013 14.936.163.000 -4.03%
2014 13.959.993.000 -6.99%
2015 14.392.281.000 3%
2016 13.845.016.000 -3.95%
2017 14.558.609.000 4.9%
2018 14.014.292.000 -3.88%
2019 12.807.893.000 -9.42%
2020 10.734.878.000 -19.31%
2021 6.682.143.000 -60.65%
2022 4.528.606.000 -47.55%
2023 4.663.400.000 2.89%

Elecon Engineering Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
152.56
Net Income per Share
26.03
Price to Earning Ratio
39.21x
Price To Sales Ratio
6.69x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
8.1
EV to Sales
6.65
EV Over EBITDA
26.74
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.03
FreeCashFlow Yield
0
Market Cap
114,52 Bil.
Enterprise Value
113,81 Bil.
Graham Number
271.69
Graham NetNet
2.82

Income Statement Metrics

Net Income per Share
26.03
Income Quality
0
ROE
0.43
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.78
EBT Per Ebit
1.04
Ebit per Revenue
0.22
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.42
Operating Profit Margin
0.22
Pretax Profit Margin
0.23
Net Profit Margin
0.18

Dividends

Dividend Yield
0
Dividend Yield %
0.29
Payout Ratio
0
Dividend Per Share
3

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.19
Return on Tangible Assets
0.17
Days Sales Outstanding
0
Days Payables Outstanding
89.45
Days of Inventory on Hand
102.46
Receivables Turnover
0
Payables Turnover
4.08
Inventory Turnover
3.56
Capex per Share
0

Balance Sheet

Cash per Share
32,70
Book Value per Share
126,03
Tangible Book Value per Share
115.32
Shareholders Equity per Share
126.03
Interest Debt per Share
4.64
Debt to Equity
0.03
Debt to Assets
0.02
Net Debt to EBITDA
-0.17
Current Ratio
2.74
Tangible Asset Value
12,95 Bil.
Net Current Asset Value
5,64 Bil.
Invested Capital
0.03
Working Capital
6,55 Bil.
Intangibles to Total Assets
0.06
Average Receivables
0,00 Bil.
Average Payables
1,14 Bil.
Average Inventory
1308900000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Elecon Engineering Company Limited Dividends
Year Dividends Growth
2007 2
2008 2 0%
2009 2 0%
2010 2 0%
2011 2 0%
2012 2 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 0 0%
2019 0 0%
2021 0 0%
2022 0 0%
2023 3 100%

Elecon Engineering Company Limited Profile

About Elecon Engineering Company Limited

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. Elecon Engineering Company Limited 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. The company was founded in 1951 and is based in Vallabh Vidyanagar, India.

CEO
Mr. Prayasvin Bhanubhai Patel
Employee
652
Address
Anand-Sojitra Road
Vallabh Vidyanagar, 388120

Elecon Engineering Company Limited Executives & BODs

Elecon Engineering Company Limited Executives & BODs
# Name Age
1 Mr. Dinesh Patel
Group Technical Director
70
2 Mr. P. K. Bhasin
Head of MHE Division
70
3 Mr. M. M. Nanda
Head of Gear Division
70
4 Ms. Bhartiben Lalitkumar Isarani
Company Secretary & Compliance Officer
70
5 Mr. Narasimhan Raghunathan
Chief Financial Officer
70
6 Mr. Prayasvin Bhanubhai Patel BE, MBA
Non-Independent Executive Chairman & MD
70

Elecon Engineering Company Limited Competitors