Elecon Engineering Company Ltd

166
Date 10.08.2025
Elecon Engineering
Timeframe : Weekly Chart

About :

Company manufactures and sells power transmission and material handling equipment in India and internationally. In addition, it engages in the steel and non-ferrous foundry business.

Business Segment :

(1) Gear Division 72%
(2) Bulk Material Handling Equipment Solutions 28%

Products & Projects :

(1) Coal Handling Plants
(2) Stockyard machines
(3) Wagon Tipplers
(4) Over 2,000 Crushers/Feeders
(5) Pipe Conveyors and specialised belt conveyor systems
(6) Feeders

Foundry Division:

It caters to the machining and foundry needs of Elecon Engineering, providing casting and machining services to several companies other than the Elecon group.
Capacity of 8400 MTPA

Market Position :

Market Share for Industrial gear in India at ~39%

Geographical Revenue Split

India - 77%
Outside India - 23%

Clientele :

Ultratech cement, British Steel, HAYLEY, Tetra Pak, adani, LT, NMDC,SAIL, BHEL etc.

Order Book :

New order intake for FY25 is 2,380 crores

Valuations :

(1) Roce = 28.5%
(2) Roe = 23%
(3) Book Value = 6X
(4) Pe Ratio = 27
(5) Opm = 25%
(6) Promoter Holding = 60%
(7) Sales Growth = 20% (YoY last 3 years)

Regards,
Ankur Singh

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