ELECON
FAIRLY_VALUEDElecon Engineering
Capital Goods · NSE
↑ 15.0% vs fair value
52W Low
₹352
+11.0% from low
52W High
₹716
-45.5% from high
Valuation Gauge
Current Price
₹391
Fair Value
₹459
Fair Value Analysis
₹459
Based on balance sheet strength analysis and earnings growth potential for Capital Goods sector companies | Sector-cheap: P/E at 14th percentile vs sector peers. | ROCE improving (latest 24.9%) — capital allocation becoming more efficient. | Growth capped at 24.6% (ROE 21.4%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable.
Balance Sheet Value
71% weight
Growth Valuation
29% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Strong
Profitability
ROE of 21.4% 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 18.0x trades at a 84% discount to Capital Goods sector median (112x) — attractively valued
Cash Flow
FCF margin of 16.7% — exceptional cash generation (₹366 Cr)
Earnings Growth
5yr EPS CAGR of 43.5% is in line with the Capital Goods sector average of 42.2%
Dividend
Dividend yield of 0.5% provides moderate shareholder returns
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
1.3%
Free cash flow / market cap
Revenue Growth (YoY)
+4.3%
Year-on-year revenue change
Profit Growth (YoY)
-33.3%
Year-on-year PAT change
Operating Cash Flow
₹432 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹21.5
P/E Ratio
18x
P/B Ratio
3.9x
ROE
21.4%
ROCE
25%
Debt / Equity
0.11x
Beta
0.32
Div Yield
0.5%
FCF (Cr)
₹366 Cr
Revenue (Cr)
₹2,197 Cr
EPS Growth 5Y
43.5%
Mkt Cap (Cr)
₹8,710 Cr
52W High
₹716.3
52W Low
₹352
Book Value/Share
₹100.1
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹2.4K Cr | ₹560 Cr | 23.0% | ₹482 Cr | ₹21.47 |
| 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 |
| 2014-03-31 | ₹1.3K Cr | ₹157 Cr | 12.0% | ₹14 Cr | ₹0.63 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Capital Goods| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Vesuvius India Limited | ₹456.9 | ₹1,335.2 | +65.8% | 35.2 | 17.1% | UNDERVALUED |
Electrosteel Castings Limited | ₹78.8 | ₹228.8 | +65.5% | 15.7 | 13.2% | UNDERVALUED |
REC | ₹327.4 | ₹690 | +52.5% | 5 | 21.5% | UNDERVALUED |
Surya Roshni Limited | ₹209.2 | ₹342.1 | +38.9% | 14.9 | 12.8% | FAIRLY_VALUED |
Shakti Pumps (India) Limited | ₹510.3 | ₹695.5 | +26.6% | 18.3 | 19.1% | UNDERVALUED |
AGI Greenpac Limited | ₹499.8 | ₹664.9 | +24.8% | 9.8 | 13.3% | UNDERVALUED |
Power Finance Corporation | ₹406 | ₹539.7 | +24.8% | 5.3 | 12.4% | UNDERVALUED |
Oswal Pumps Limited | ₹336 | ₹395.6 | +15.1% | 36.4 | 23.3% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
Company Documents
Annual reports, concall transcripts & regulatory filings
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