profit from every ₹100 of sales.
₹0₹100
Elecon Engineering
₹429.50-0.50% today
-11.0% in 1 year
1-year low ₹354.751-year high ₹562.65
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹28.25 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Elecon Engineering sold, what it kept, and what it did with the cash.
Sales went from ₹15.0 billion in 2023 to ₹23.4 billion in 2026, with ₹3.41 billion of profit last year.
SalesProfit
Elecon Engineering handed back 23% of the cash it generated last year.
₹449M
Free cash flow 2026₹1.9B
Bought back its own shares–
Paid as dividends₹449M
Cash vs. debt₹1.7B vs. ₹2.7B
Elecon Engineering vs. similar companies
Elecon Engineering grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Elecon Engineering | 28.3× · Fair price | ||
 GE Vernova | 44.9× · Expensive | ||
 Schneider Electric S.E. | 33.1× · Expensive | ||
 Eaton | 34.2× · Expensive | ||
 Parker-Hannifin | 33.1× · Expensive |
AI analysis
An AI analyst reads Elecon Engineering's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 15,014 | 19,065 | 21,970 | 23,371 | |
| 6,657 | 8,883 | 10,121 | 10,340 | |
| 3,075 | 4,325 | 4,859 | 4,292 | |
| 3,567 | 5,226 | 6,086 | 5,816 | |
| 2,375 | 3,556 | 4,151 | 3,412 | |
| 10.59 | 7.93 | 18.50 | 15.20 | |
| 44.3% | 46.6% | 46.1% | 44.2% | |
| 20.5% | 22.7% | 22.1% | 18.4% | |
| 15.8% | 18.7% | 18.9% | 14.6% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 17,320 | 21,240 | 27,295 | 32,337 |
| Cash | 824 | 1,097 | 1,589 | 1,692 |
| Total debt | 516 | 705 | 1,812 | 2,727 |
| Total liabilities | 4,529 | 5,200 | 7,308 | 9,279 |
| 12,791 | 16,040 | 19,987 | 23,058 | |
| 224 | 224 | 224 | 224 | |
| 17.3% | 21.1% | 18.8% | 13.9% | |
| 18.6% | 22.2% | 20.8% | 14.8% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 3,091 | 3,648 | 4,254 | 3,142 | |
| 471 | 315 | 660 | 1,195 | |
| 2,621 | 3,333 | 3,594 | 1,947 | |
| Dividends paid | 157 | 337 | 337 | 449 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 28.3×
- –
- 2.20
- 5.1×
- 4.1×
- 49.5×
- 16.7×
- 2.0%
- 3.5%
- 0.5%
Profitability
- 44.2%
- 18.4%
- 14.6%
- –
- 13.9%
- 17.8%
- –
- –
- –
- –
Growth
- +15.9%
- +12.8%
- –
- –
- +0.0%
Financial health
- 0.2×
- 0.12
- –
- 20.8×
- 2.94
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 17%of 979
Top 17%of 984
Bottom 35%of 862
Top 17%of 983
Bottom 34%of 986
0.5%of the share price, paid each year
On $1,000 invested$5a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
13.2% of its profit
Room to growStretchedMore than it earns: 23.1%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
65Pass
Benjamin Graham
59No pass
Philip Fisher
64Pass
Peter Lynch
55No pass
Joel Greenblatt
32No pass
Charlie Munger
63Pass
Terry Smith
50No pass
Questions about Elecon Engineering
Is Elecon Engineering a good stock to buy?
A solid business at a fair price. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Elecon Engineering AI analysis
What does Elecon Engineering do?
Elecon Engineering Company Limited manufactures and sells industrial gears and material handling equipment in India and internationally. The company operates in two segments, Material Handling Equipment and Transmission Equipment. It is in Specialty Industrial Machinery, based in Vallabh Vidya Nagar, India.
Does Elecon Engineering pay a dividend?
Yes. At today's price the dividend is 0.5% a year, about 13% of its yearly profit. In 2026 it paid out ₹449 million in dividends.
Is Elecon Engineering stock halal?
Yes. Elecon Engineering passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
How has Elecon Engineering stock done over the past year?
Down 11.0% over the past twelve months, to ₹429.50. It traded between ₹354.75 and ₹562.65 and is 23.7% below its high.
Who are Elecon Engineering's competitors?
The largest listed companies in the same industry are GE Vernova, Schneider Electric S.E., Eaton and Parker-Hannifin. The peers table on this page compares their profit, growth and price with Elecon Engineering's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.