Elecon Engineering Company Limited
ELECON · 505700 · Industrials · Heavy Electrical Equipment
- Market cap
- Rs 9,818 Cr
- P/E
- 40.10x
- P/B
- 3.91x
- 52W high / low
- Rs 579 / Rs 352
About Elecon Engineering Company
Elecon Engineering Company Limited is listed on the NSE under the symbol ELECON and on the BSE under scrip code 505700. It is classified in the Industrials sector, industry: Heavy Electrical Equipment. It is a constituent of BSE 500, NIFTY 500 and NIFTY Smallcap 250. The company listed on 29 Sept 2006 and has a face value of Rs 1.
The latest available end-of-day price is Rs 437.5 (+1.89% on the day), for a market capitalisation of Rs 9,818 Cr. Trailing P/E is 40.10x and price-to-book is 3.91x. The 52-week range is Rs 352 to Rs 579. The latest price is 38% of the way from the 52-week low to the 52-week high.
Against the 15-company comparison set from the official BSE basic industry Heavy Electrical Equipment, its market capitalisation is 0.9 times the peer median of Rs 11,160 Cr, and its P/E of 40.10x compares with a peer median of 38.14x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), Elecon Engineering Company Limited reported revenue of Rs 2,366 Cr and net profit of Rs 341 Cr, with a net margin of 14.42% and earnings per share of Rs 15.2 (consolidated statements).
Year-on-year change: revenue +7.01%; net profit −17.81%; EPS −17.84%. Three-year compound annual growth rate: revenue +16.45%; net profit +12.83%.
At the same date the balance sheet shows total assets of Rs 3,234 Cr, shareholders' equity of Rs 2,306 Cr, total debt of Rs 0 Cr, cash of Rs 169 Cr, a debt-to-equity ratio of 0.00 and operating cash flow of Rs 314 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 2,457 Cr, net income of Rs 245 Cr and a net margin of 9.96%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, Elecon Engineering Company Limited's ownership is split: promoters 59.27%; foreign institutional investors (FIIs) 6.93%; domestic institutional investors (DIIs) 7.08%; retail and other shareholders 26.72%.
Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding −0.06 percentage points; DII holding −0.10 percentage points.
The same filing lists reported promoter pledge of 0.00% and 1,19,688 shareholders on record.
Recent filings and corporate actions
94 BSE corporate announcements were filed by Elecon Engineering Company Limited in the past twelve months; the most frequent category is "Company Update" (67). The most recent is "Intimation of Investor/analyst meet as per attached details." (Company Update), filed on 26 Oct 2026.
The disclosed corporate-action timeline lists 11 entries: dividend (10), split (1). The latest is a dividend (Interim Dividend - Rs. - 0.5000) with ex-date 21 Oct 2026.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE basic industry: Heavy Electrical Equipment. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| Suzlon Energy Limited | Rs 36.79 | Rs 50,610 Cr | Rs 18,550 Cr | Rs 2,259 Cr | 22.43x | 29.02% |
| Thermax Limited | Rs 3,193.1 | Rs 35,970 Cr | Rs 11,109 Cr | Rs 591 Cr | 60.64x | 11.32% |
| Schneider Electric Infrastructure Limited | Rs 1,130.7 | Rs 27,035 Cr | Rs 2,941 Cr | Rs 184 Cr | — | 27.50% |
| Azad Engineering Limited | Rs 2,533.9 | Rs 16,364 Cr | Rs 679 Cr | Rs 139 Cr | — | 9.51% |
| Triveni Turbine Limited | Rs 469.6 | Rs 14,933 Cr | Rs 2,335 Cr | Rs 336 Cr | 44.43x | 25.26% |
| Atlanta Electricals Limited | Rs 1,667 | Rs 12,821 Cr | Rs 2,018 Cr | Rs 217 Cr | 28.97x | 23.40% |
| TD Power Systems Limited | Rs 719.45 | Rs 11,240 Cr | Rs 2,144 Cr | Rs 275 Cr | 81.76x | 28.47% |
| Quality Power Electrical Equipments Limited | Rs 1,430.8 | Rs 11,081 Cr | Rs 1,069 Cr | Rs 195 Cr | 83.14x | 27.59% |
| Voltamp Transformers Limited | Rs 10,176 | Rs 10,295 Cr | Rs 2,541 Cr | Rs 323 Cr | 31.84x | 19.13% |
| Inox Wind Limited | Rs 59.18 | Rs 10,228 Cr | Rs 4,578 Cr | Rs 417 Cr | 24.56x | 6.03% |
| Karamtara Engineering Limited | Rs 349.25 | Rs 10,208 Cr | — | — | 44.60x | — |
| Elecon Engineering Company LimitedThis company | Rs 437.5 | Rs 9,818 Cr | Rs 2,535 Cr | Rs 245 Cr | 40.10x | 11.37% |
| Transformers And Rectifiers (India) Limited | Rs 315.8 | Rs 9,480 Cr | Rs 2,877 Cr | Rs 313 Cr | 30.93x | 22.63% |
| Kanohar Electricals Limited | Rs 981.4 | Rs 7,306 Cr | — | — | 56.31x | — |
| Powerica Limited | Rs 496.25 | Rs 6,281 Cr | — | — | 20.34x | — |
| Median | Rs 850.43 | Rs 11,160 Cr | Rs 2,541 Cr | Rs 313 Cr | 38.14x | 23.40% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to Elecon Engineering Company
Same official industry (Heavy Electrical Equipment)
- Suzlon Energy LimitedSUZLON · Market cap Rs 50,610 Cr
- Thermax LimitedTHERMAX · Market cap Rs 35,970 Cr
- Schneider Electric Infrastructure LimitedSCHNEIDER · Market cap Rs 27,035 Cr
- Azad Engineering LimitedAZAD · Market cap Rs 16,364 Cr
- Triveni Turbine LimitedTRITURBINE · Market cap Rs 14,933 Cr
- Atlanta Electricals LimitedATLANTAELE · Market cap Rs 12,821 Cr
- TD Power Systems LimitedTDPOWERSYS · Market cap Rs 11,240 Cr
- Quality Power Electrical Equipments LimitedQPOWER · Market cap Rs 11,081 Cr
Other Industrials companies of a similar market capitalisation
- Inox Wind LimitedINOXWIND · Market cap Rs 10,228 Cr
- Techno Electric & Engineering Company LimitedTECHNOE · Market cap Rs 9,886 Cr
- Ircon International LimitedIRCON · Market cap Rs 9,488 Cr
- Transformers And Rectifiers (India) LimitedTARIL · Market cap Rs 9,480 Cr
- RITES LimitedRITES · Market cap Rs 9,363 Cr
- KEC International LimitedKEC · Market cap Rs 9,153 Cr
- TITAGARH RAIL SYSTEMS LIMITEDTITAGARH · Market cap Rs 8,952 Cr
- Jupiter Wagons LimitedJWL · Market cap Rs 8,253 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.