Elecon Engineering Company Ltd
NSE: ELECON BSE: 505700
₹354.75
(-4.71%)
Wed, 01 Apr 2026, 01:58 pm
Market Cap79.61B
PE Ratio16.53
Dividend0.54
Producer Manufacturing
Electrical Products
24.5KElecon Engineering Company Analysis
dividend
- Dividends paid are thoroughly covered by earnings (13.2x coverage).
- Elecon Engineering's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Dividends per share have fallen over the past 10 years.
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Elecon Engineering's dividend is below the markets top 25% of dividend payers in India (3.08%).
health
- Elecon Engineering is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Elecon Engineering is profitable, therefore cash runway is not a concern.
- Elecon Engineering is profitable, therefore cash runway is not a concern.
- Debt is covered by short term assets, assets are 2.8x debt.
- Elecon Engineering's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (99.3% vs 59.5% today).
- Debt is not well covered by operating cash flow (12%, less than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 1.8x annual interest expense, ideally 3x coverage).
- Elecon Engineering's level of debt (59.5%) compared to net worth is high (greater than 40%).
- High level of physical assets or inventory.
management
- The average tenure for the Elecon Engineering board of directors is over 10 years, this suggests they are a seasoned and experienced board.
- Prayasvin's compensation has been consistent with company performance over the past year, both up more than 20%.
- Prayasvin's remuneration is higher than average for companies of similar size in India.
- The average tenure for the Elecon Engineering management team is less than 2 years, this suggests a new team.
misc
- Elecon Engineering is not covered by any analysts.
- Elecon Engineering has significant price volatility in the past 3 months.
past
- Elecon Engineering has delivered over 20% year on year earnings growth in the past 5 years.
- Elecon Engineering has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
- Elecon Engineering's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Elecon Engineering used its assets less efficiently than the IN Electrical industry average last year based on Return on Assets.
- Elecon Engineering has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Elecon Engineering's 1-year earnings growth is negative, it can't be compared to the IN Electrical industry average.
value
- Elecon Engineering is good value based on assets compared to the IN Electrical industry average.
- Elecon Engineering is good value based on earnings compared to the IN Electrical industry average.
- Elecon Engineering is good value based on earnings compared to the India market.
- NSEI:ELECON is up 16.7% outperforming the Electrical industry which returned 9.3% over the past month.
- NSEI:ELECON is up 16.7% outperforming the market in India which returned 8% over the past month.
- Elecon Engineering's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- Elecon Engineering's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- ELECON underperformed the Electrical industry which returned -33.5% over the past year.
- ELECON underperformed the Market in India which returned -14.5% over the past year.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800