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    Elecon Engineering Company Limited

    Asia's largest industrial gear maker and India's leading bulk material-handling equipment manufacturer.

    Capital Goods
    Industrials
    View ELECON earnings calls
    ₹464.35
    -10.74% from avg

    Overview

    Price

    ₹464.35

    Market Cap

    ₹10.4k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2222222222222222
    Reserves8328971.0k1.3k1.6k2.0k2.2k2.3k
    Borrowings4833351515270181258273
    Other Liabilities792733513399449550494655
    Total Liabilities2.1k2.0k1.7k1.7k2.1k2.7k3.0k3.2k
    AssetsFixed Assets7997587397547699141.0k930
    CWIP0010172623
    Investments53535477286496684743
    Other Assets1.3k1.2k9218991.1k1.3k1.3k1.5k
    Total Assets2.1k2.0k1.7k1.7k2.1k2.7k3.0k3.2k

    Valuation

    Assumptions

    Current — ELECON
    Price
    ₹464
    EPS (TTM)
    ₹10.53
    PE (TTM)
    44.1
    Profit growth
    1.3%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (31.2×) and current (44.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹464
    vs
    Fair value · 15% return
    ₹144
    69%Overvalued

    At 1.3% growth and a 31× exit, ₹464 only delivers your return if you pay ₹144. The price is currently baking in 25% growth.

    EPS grows 1.3%/yr for 5 years, then fades to 6% over 2, exits at 31×.

    YearGrowthEPS (₹)
    FY271.3%10.67
    FY281.3%10.81
    FY291.3%10.95
    FY301.3%11.09
    FY311.3%11.23
    FY323.7% ·fade11.64
    FY336.0% ·fade12.34

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Elecon Engineering Company Limited

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