Eimco Elecon (India)

Small Cap 4.1k Result

₹876.1

-25 (-2.77%)

As on 04 October, 2023 | 04:56 BSE: 523708 NSE: EIMCOELECOISIN: INE158B01016

Eimco Elecon (India) Performance

Day Range

Low 864.9
High 909.9

876.1

52 Week Range

Low 333.55
High 956.45

876.1

Open Price902
Previous Close901.1
Volume8238

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Eimco Elecon (India) Share Price

Over 1 Month 2.96%
Over 3 Month 46.09%
Over 6 Month 136.21%
Over 1 Year 141.52%

Eimco Elecon (India) Key Statistics

P/E Ratio	19.3
PEG Ratio	0.1
Market Cap Cr	505
Price to Book Ratio	1.4
EPS	36.2
Dividend	0.6
Relative Strength Index	55.5
Money Flow Index	51.38
MACD Signal	24.04
Average True Range	41.97

Eimco Elecon (India) Investment Rating

Master Rating:
Eimco Elecon India has an operating revenue of Rs. 183.00 Cr. on a trailing 12-month basis. An annual revenue growth of 94% is outstanding, Pre-tax margin of 15% is great, ROE of 5% is fair but needs improvement. 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 comfortably placed above its key moving averages, around 12% and 61% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 7% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 59 which is a POOR score indicating inconsistency in earnings, a RS Rating of 93 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 15 indicates it belongs to a strong industry group of Machinery-Constr/Mining 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 earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Eimco Elecon (India) Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	44	64	38	37	33	36
Operating Expenses Qtr Cr	41	51	32	30	35	31
Operating Profit Qtr Cr	2	13	6	6	-1	5
Depreciation Qtr Cr	2	2	2	2	2	2
Interest Qtr Cr	0	0	0	0	0	0
Tax Qtr Cr	0	4	2	2	-2	1
Net Profit Qtr Cr	6	10	5	7	-1	4

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	183	94
Operating Expenses Annual Cr	148	75
Operating Profit Annual in Cr	24	9
Depreciation Cr	8	8
Interest Annual Cr	1	0
Tax Annual Cr	6	1
Net Profit Annual Cr	21	9

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	7	-11
Cash from Investing Activity Annual Cr	-5	8
Cash from Financing Annual Activity Cr	-2	-3
Net Cash Flow Annual Cr	0	-6

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	349	330
Fixed Assets Annual Cr	77	81
Total Non Current Assets Annual Cr	243	165
Total Current Assets Annual Cr	144	197
Total Assets Annual Cr	387	362

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	605	571
ROE Annual %	6	3
ROCE Annual %	8	3
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	20	22

Indicator	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	44	64	38	37	33	36
Operating Expenses Qtr Cr	41	51	32	30	35	31
Operating Profit Qtr Cr	2	13	6	6	-1	5
Depreciation Qtr Cr	2	2	2	2	2	2
Interest Qtr Cr	0	0	0	0	0	0
Tax Qtr Cr	0	4	2	2	-2	1
Net Profit Qtr Cr	5	10	5	6	-1	4

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	182	94
Operating Expenses Annual Cr	148	75
Operating Profit Annual in Cr	24	9
Depreciation Cr	8	8
Interest Annual Cr	1	0
Tax Annual Cr	6	1
Net Profit Annual Cr	20	9

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	7	-11
Cash from Investing Activity Annual Cr	-5	8
Cash from Financing Annual Activity Cr	-2	-3
Net Cash Flow Annual Cr	0	-6

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	351	333
Fixed Assets Annual Cr	77	81
Total Non Current Assets Annual Cr	245	168
Total Current Assets Annual Cr	144	197
Total Assets Annual Cr	389	365

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	608	577
ROE Annual %	6	3
ROCE Annual %	7	3
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	19	22

Eimco Elecon (India) Technicals

EMA & SMA

Current Price

₹876.1

-25 (-2.77%)

Bullish Moving Average
___
16

Bearish Moving Average
___
0

EMA SMA

20 Day
₹856.77

50 Day
₹803.84

100 Day
₹723.37

200 Day
₹618.58

20 Day
₹873.07

50 Day
₹804.97

100 Day
₹719.19

200 Day
₹561.33

Eimco Elecon (India) Resistance and Support

PIVOT

₹883.64

Resistance
First Resistance	₹902.37
Second Resistance	₹928.64
Third Resistance	₹947.37

RSI	55.5
MFI	51.38
MACD Single Line	24.04
MACD	20.46

Support
First Resistance	₹857.37
Second Resistance	₹838.64
Third Resistance	₹812.37

Eimco Elecon (India) Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	10,731	715,114	66.64
Week	11,099	628,869	56.66
1 Month	8,049	625,779	77.75
6 Month	26,222	1,604,516	61.19

Eimco Elecon (India) Result Highlights

Eimco Elecon (India) Synopsis

NSE-Machinery-Constr/Mining

Eimco Elecon Ind is involved in the business activities of Manufacture of machinery for mining, quarrying and construction. Company’s Total Operating Revenue is Rs. 172.70 Cr. and Equity Capital is Rs. 5.77 Cr. for the Year ended 31/03/2023. Eimco Elecon (India) Ltd. is a Public Limited Listed company incorporated on 31/07/1974 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L29199GJ1974PLC002574 and registration number is 002574.

Market Cap	505
Sales	183
Shares in Float	0.15
No of funds	4
Yield	0.55

Book Value	1.44
U/D Vol ratio	1.9
LTDebt / Equity
Alpha	0.38
Beta	1.14