ELECON
FAIRLY_VALUEDElecon Engineering
Capital Goods · NSE
↑ 1.9% vs fair value
52W Low
₹352
+51.7% from low
52W High
₹716
-25.5% from high
Valuation Gauge
Current Price
₹534
Fair Value
₹544
Fair Value Analysis
₹544
Based on balance sheet strength analysis and earnings growth potential for Capital Goods sector companies | Sector-cheap: P/E at 13th percentile vs sector peers. | ROCE improving (latest 24.9%) — capital allocation becoming more efficient.
Balance Sheet Value
71% weight
Growth Valuation
29% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Healthy
Profitability
ROE of 15.8% is above the Capital Goods sector benchmark of 15% — strong returns
Debt & Leverage
D/E ratio of 0.1x is well within the Capital Goods sector norm of 2.0x — strong balance sheet
Valuation vs Peers
P/E of 31.9x trades at a 72% discount to Capital Goods sector median (112x) — attractively valued
Cash Flow
FCF margin of 8.2% — healthy cash generation (₹195 Cr)
Earnings Growth
5yr EPS CAGR of 12.8% is well below Capital Goods sector average of 42.2%
Dividend
Dividend yield of 0.4% is symbolic — low but positive
Company Health Timeline
10-year financial health at a glance
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
0.9%
Free cash flow / market cap
Revenue Growth (YoY)
-6.5%
Year-on-year revenue change
Profit Growth (YoY)
-95.9%
Year-on-year PAT change
Operating Cash Flow
₹314 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹15.2
P/E Ratio
31.9x
P/B Ratio
4.7x
ROE
15.9%
ROCE
18.7%
Debt / Equity
0.12x
Beta
0.56
Div Yield
0.4%
FCF (Cr)
₹195 Cr
Revenue (Cr)
₹2,366 Cr
EPS Growth 5Y
12.8%
Mkt Cap (Cr)
₹10,880 Cr
52W High
₹716.3
52W Low
₹352
Book Value/Share
₹103.7
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| 2026-03-31 | ₹2.4K Cr | ₹523 Cr | 22.0% | ₹341 Cr | ₹15.20 |
| 2025-03-31 | ₹2.2K Cr | ₹543 Cr | 24.0% | ₹415 Cr | ₹18.50 |
| 2024-03-31 | ₹1.9K Cr | ₹475 Cr | 24.0% | ₹356 Cr | ₹15.85 |
| 2023-03-31 | ₹1.5K Cr | ₹341 Cr | 22.0% | ₹238 Cr | ₹10.58 |
| 2022-03-31 | ₹1.2K Cr | ₹252 Cr | 21.0% | ₹140 Cr | ₹6.26 |
| 2021-03-31 | ₹1.0K Cr | ₹186 Cr | 18.0% | ₹58 Cr | ₹2.57 |
| 2020-03-31 | ₹1.1K Cr | ₹142 Cr | 13.0% | ₹90 Cr | ₹4.00 |
| 2019-03-31 | ₹1.2K Cr | ₹140 Cr | 11.0% | ₹70 Cr | ₹3.12 |
| 2018-03-31 | ₹1.2K Cr | ₹126 Cr | 11.0% | ₹7 Cr | ₹0.33 |
| 2017-03-31 | ₹1.2K Cr | ₹175 Cr | 15.0% | ₹11 Cr | ₹0.48 |
| 2016-03-31 | ₹1.3K Cr | ₹176 Cr | 14.0% | ₹37 Cr | ₹1.72 |
| 2015-03-31 | ₹1.3K Cr | ₹176 Cr | 13.0% | ₹17 Cr | ₹0.75 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Capital Goods| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Electrosteel Castings Limited | ₹78.2 | ₹228.8 | +65.8% | 16.1 | 13.2% | UNDERVALUED |
Vesuvius India Limited | ₹466 | ₹1,325.9 | +64.8% | 37.2 | 17.1% | UNDERVALUED |
Power Finance Corporation | ₹430.4 | ₹824.5 | +47.8% | 5.7 | 20.5% | FAIRLY_VALUED |
REC | ₹336.9 | ₹618.3 | +45.5% | 5.6 | 20.0% | FAIRLY_VALUED |
Surya Roshni Limited | ₹245.1 | ₹381.4 | +35.7% | 16.6 | 12.8% | FAIRLY_VALUED |
Shakti Pumps (India) Limited | ₹504.1 | ₹695.5 | +27.5% | 24.2 | 18.0% | UNDERVALUED |
AGI Greenpac Limited | ₹578.6 | ₹663.1 | +12.8% | 10.7 | 15.6% | FAIRLY_VALUED |
Elecon Engineering | ₹534 | ₹544.2 | +1.9% | 31.9 | 15.8% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
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