ELECON

Elecon Engineering Company Share PriceElecon Engineering Company

₹931.2
-25.05 (-2.62%)
As on 29 November, 2023 | 00:41 BSE: 505700 NSE: ELECONISIN: INE205B01023

Elecon Engineering Company Performance

Day Range

  • Low 925.55
  • High 989.8
931.2

52 Week Range

  • Low 335
  • High 989.8
931.2
  • Open Price989
  • Previous Close956.25
  • Volume635048

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Elecon Engineering Company Share Price

  • Over 1 Month 17.89%
  • Over 3 Month 9.96%
  • Over 6 Month 60.32%
  • Over 1 Year 109%

Elecon Engineering Company Key Statistics

P/E Ratio 35.8
PEG Ratio 0.6
Market Cap Cr 10,448
Price to Book Ratio 8.2
EPS 16.9
Dividend 0.3
Relative Strength Index 61.62
Money Flow Index 76.95
MACD Signal 23.41
Average True Range 39.97

Elecon Engineering Company Investment Rating

  • Master Rating:
  • Elecon Engineering has an operating revenue of Rs. 1,712.61 Cr. on a trailing 12-month basis. An annual revenue growth of 28% is outstanding, Pre-tax margin of 19% is great, ROE of 18% 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 comfortably placed above its key moving averages, around 16% and 51% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -0% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 94 which is a GREAT score indicating consistency in earnings, a RS Rating of 84 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 92 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 has great fundamentals and technical strength to stay in momentum.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Elecon Engineering Company Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 407324331304305257246
Operating Expenses Qtr Cr 299238251233230202195
Operating Profit Qtr Cr 108877971755551
Depreciation Qtr Cr 111011101099
Interest Qtr Cr 2242245
Tax Qtr Cr 2720151518116
Net Profit Qtr Cr 79615948483334
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,213894
Operating Expenses Annual Cr 916700
Operating Profit Annual in Cr 281184
Depreciation Cr 3938
Interest Annual Cr 1132
Tax Annual Cr 5828
Net Profit Annual Cr 18896
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 295178
Cash from Investing Activity Annual Cr -145-4
Cash from Financing Annual Activity Cr -140-175
Net Cash Flow Annual Cr 10-2
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,079908
Fixed Assets Annual Cr 606588
Total Non Current Assets Annual Cr 758749
Total Current Assets Annual Cr 657686
Total Assets Annual Cr 1,4161,435
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 9681
ROE Annual % 1711
ROCE Annual % 2316
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2522
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 485414425389389328330
Operating Expenses Qtr Cr 366314332300296263261
Operating Profit Qtr Cr 1191009389936569
Depreciation Qtr Cr 13121412121112
Interest Qtr Cr 3252347
Tax Qtr Cr 2922161619117
Net Profit Qtr Cr 89736863654246
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,5501,212
Operating Expenses Annual Cr 1,191957
Operating Profit Annual in Cr 339246
Depreciation Cr 4949
Interest Annual Cr 1337
Tax Annual Cr 6230
Net Profit Annual Cr 237140
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 310250
Cash from Investing Activity Annual Cr -167-12
Cash from Financing Annual Activity Cr -145-250
Net Cash Flow Annual Cr -2-12
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,2791,050
Fixed Assets Annual Cr 651634
Total Non Current Assets Annual Cr 844832
Total Current Assets Annual Cr 888887
Total Assets Annual Cr 1,7321,718
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 11494
ROE Annual % 1913
ROCE Annual % 2218
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2321

Elecon Engineering Company Technicals

EMA & SMA

Current Price
₹931.2
-25.05 (-2.62%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹885.91
  • 50 Day
  • ₹845.8
  • 100 Day
  • ₹785.36
  • 200 Day
  • ₹676.83
  • 20 Day
  • ₹894.29
  • 50 Day
  • ₹824.14
  • 100 Day
  • ₹807.82
  • 200 Day
  • ₹635.53

Elecon Engineering Company Resistance and Support

PIVOT
₹948.85
Resistance
First Resistance ₹972.15
Second Resistance ₹1013.1
Third Resistance ₹1036.41
RSI 61.62
MFI 76.95
MACD Single Line 23.41
MACD 24.77
Support
First Resistance ₹907.9
Second Resistance ₹884.6
Third Resistance ₹843.65

Elecon Engineering Company Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 697,510 28,297,981 40.57
Week 1,100,012 29,557,316 26.87
1 Month 608,308 19,575,341 32.18
6 Month 549,866 20,542,987 37.36

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. 1196.99 Cr. and Equity Capital is Rs. 22.44 Cr. for the Year ended 31/03/2023. 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 10,423
Sales 1,366
Shares in Float 4.60
No of funds 107
Yield 0.31
Book Value 9.94
U/D Vol ratio 1.5
LTDebt / Equity 2
Alpha 0.29
Beta 1.23

Elecon Engineering Company

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 59.29%59.29%59.29%59.29%
Mutual Funds 1.68%1.12%0.87%0.86%
Insurance Companies 0.06%
Foreign Portfolio Investors 4.88%2.81%2.11%1.95%
Financial Institutions/ Banks 0.04%0.04%0.04%0.04%
Individual Investors 26.55%28.39%29.02%29.15%
Others 7.5%8.35%8.67%8.71%

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
Mr. Jai S Diwanji Director
Dr. Sonal V Ambani Director
Mr. Ashutosh Arvind Pednekar Director
Mr. Aayush A Shah 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
2023-10-20 Quarterly Results & Interim Dividend
2023-07-11 Quarterly Results
2023-04-25 Audited Results & Final Dividend
2023-01-24 Quarterly Results
2022-11-03 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

Elecon Engineering Company MF Shareholding

Name Amount(cr)
Franklin India Smaller Companies Fund Growth 9684
HDFC Multi Cap Fund Regular Growth 8962
HDFC Defence Fund Regular Growth 1365
LIC MF Flexi Cap Fund Growth 681
Motilal Oswal Nifty Microcap 250 Index Fund Regular Growth 461

Elecon Engineering Company FAQs

What is Share Price of Elecon Engineering Company ?

Elecon Engineering Company share price is ₹931 As on 29 November, 2023 | 00:27

What is the Market Cap of Elecon Engineering Company ?

The Market Cap of Elecon Engineering Company is ₹10448.1 Cr As on 29 November, 2023 | 00:27

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

The P/E ratio of Elecon Engineering Company is 35.8 As on 29 November, 2023 | 00:27

What is the PB ratio of Elecon Engineering Company ?

The PB ratio of Elecon Engineering Company is 8.2 As on 29 November, 2023 | 00:27

Q2FY23