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Eimco Elecon (India)

EIMCOELECO NSE
₹2,306.90 +122.90 (+5.63%)
P/E
31.62
View as Markdown
MCP
Close 4 Nov 2026 ₹2,306.90 +621.50 +36.9% 1Y
Start ₹1,685.40

Key Fundamentals

MicrocapIndustrial ManufacturingCapital Goods

Price-based figures as of · EPS basis: Standalone · TTM

ROCE
10.30%
Debt to Equity
0.01
EPS (TTM)
₹72.96
Book Value
₹846.47
Market Cap
—
P/E (TTM)
31.62
P/B
2.73
ROE
7.81%
Dividend Yield
0.18%
EBITDA
₹56.50 Cr
52W High
₹2,475.00
52W Low
₹1,405.50
Day Range
₹2,162.10 – ₹2,329.00
Volume
25,112

Peer Comparison

Industrials › Capital Goods › Industrial Products

Eimco Elecon peer comparison
₹1,240.10106.91₹59,516 Cr18.470.55%23.40%25.00%₹3,482 Cr₹562 Cr
₹3,999.8098.59₹46,234 Cr14.530.04%25.40%28.60%₹4,883 Cr₹477 Cr
₹1,512.6079.19₹28,543 Cr9.590.10%14.00%16.80%₹5,464 Cr₹401 Cr
₹29,810.0047.82₹25,976 Cr5.650.38%12.60%17.00%₹4,703 Cr₹552 Cr
₹1,034.9573.19₹22,990 Cr11.010.00%18.20%21.30%₹2,191 Cr₹323 Cr
₹3,330.0064.57₹21,957 Cr4.710.00%8.69%12.70%₹3,899 Cr₹345 Cr
₹17,358.00106.09₹18,108 Cr6.100.21%4.05%5.58%₹3,374 Cr₹176 Cr
Eimco Elecon (this company)
₹2,306.9031.62₹1,261 Cr2.730.18%7.81%10.30%₹264 Cr₹42 Cr
Median 8 companies₹2,818.4576.19₹24,483 Cr7.850.14%13.30%16.90%₹3,690 Cr₹373 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

50 Average

Data confidence 100/100

Category scores

Quality
34
Poor
Returns, margins, earnings quality 22% weight
Valuation
43
Weak
Cheap vs sector & own history 24% weight
Growth
64
Good
Sales & profit trajectory 9% weight
Financial Health
91
Strong
Solvency, leverage, coverage 9% weight
Momentum
78
Strong
Trend strength, vol-adjusted 12% weight
Ownership
41
Weak
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

3
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 25.4% CAGR over last 5 years

Weaknesses

3
  • Stock is trading at 2.66 times its book value
  • Company has a low return on equity of 10.0% over last 3 years.
  • Promoter holding has decreased over last 3 years: -25.1%

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bullish2611
OscillatorsBearish261
Moving AveragesStrong Bullish0010

Key readings

RSI (14)
56.36
Neutral
MACD (12,26,9)
−13.35
Bearish
SMA (50)
2,247.17
Bullish
SMA (200)
1,818.74
Bullish

As of

Analyst Rating

Based on 1 analysts
BUY100%

1 of 1 analyst rates Buy, 0 Hold, 0 Sell.

As of

BUY
1
100%
HOLD
0
0%
SELL
0
0%

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Sep 2026 against Sep 2025.

Revenue

Revenue growth by window
10Y+5.14%
5Y+12.89%
3Y+10.12%
1Y−6.10%
TTM+25.28%

Net profit

Net profit growth by window
10Y+8.66%
5Y+28.81%
3Y+22.92%
1Y−20.41%
TTM+2.93%

Operating cash flow

Operating cash flow growth by window
10Y−6.26%
5Y+48.96%
3Y+46.48%
1Y−33.33%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y+2.18 pp
5Y+9.88 pp
3Y+4.74 pp
1Y−4.15 pp
TTM−1.56 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹171 Cr
Mar 2018₹140 Cr
Mar 2019₹185 Cr
Mar 2020₹108 Cr
Mar 2021₹126 Cr
Mar 2022₹84.00 Cr
Mar 2023₹173 Cr
Mar 2024₹228 Cr
Mar 2025₹246 Cr
Mar 2026₹231 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹25.00 Cr
Mar 2018₹16.00 Cr
Mar 2019₹23.00 Cr
Mar 2020₹9.00 Cr
Mar 2021₹11.00 Cr
Mar 2022₹9.00 Cr
Mar 2023₹21.00 Cr
Mar 2024₹40.00 Cr
Mar 2025₹49.00 Cr
Mar 2026₹39.00 Cr

Analyst Forecasts

Forecast For
Mar 27 consensus · Price
₹2,106.00 −7.2% vs Sep 26
Reported High Mean Low

Quarterly Results

₹ Cr
EIMCOELECO quarterly results, ₹ crore
Particulars Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
51.15
48.25
84.3
69.72
66.63
45.84
64.29
67.57
33.24
63.06
66.88
77.52
56.8
Expenses
38.31
40.36
67.58
54.65
51.54
37.99
46.14
55.26
28.02
50.55
53.95
63.27
46.06
Operating Profit
12.84
7.9
16.72
15.07
15.09
7.85
18.15
12.31
5.22
12.51
12.93
14.25
10.74
OPM %
25.1%
16.37%
19.83%
21.62%
22.65%
17.12%
28.23%
18.22%
15.7%
19.84%
19.33%
18.38%
18.91%
Other Income
4.2
4.1
4.71
5.27
6.12
2.78
4.15
8.09
4.27
5.95
−1.31
7.76
1.89
Interest
0.16
0.32
0.3
0.19
0.14
0.1
0.13
0.12
0.16
0.34
0.23
0.28
0.12
Depreciation
1.78
1.86
2.08
1.78
1.86
2.18
2.5
1.87
2.44
2.01
2.45
2.11
2.07
PBT
15.1
9.8
19.04
18.36
19.21
8.35
19.67
18.41
6.89
16.11
8.94
19.62
10.44
Tax %
21.85%
22.96%
22.1%
19.49%
32.01%
25.99%
24.4%
21.35%
22.35%
22.35%
28.75%
21.61%
25%
Net Profit
11.8
7.55
14.84
14.78
13.06
6.19
14.87
14.48
5.35
12.52
6.36
15.38
7.83
EPS (₹)
20.46
13.09
25.73
25.62
22.64
10.73
25.78
25.1
9.27
21.7
11.03
26.66
13.57

Profit & Loss

₹ Cr
EIMCOELECO profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
196
140
171
140
185
108
126
84
173
228
246
231
264
Expenses
167
117
149
125
159
102
115
75
148
187
190
188
214
Operating Profit
29
23
22
15
25
6
11
9
24
40
56
43
50
OPM %
15%
16%
13%
11%
14%
5%
9%
11%
14%
18%
23%
19%
19%
Other Income
5
8
13
10
11
11
11
9
10
18
18
17
14
Interest
0
0
0
1
1
1
1
0
0
1
1
1
1
Depreciation
4
6
5
5
5
6
7
8
8
7
8
9
9
PBT
30
24
30
19
30
10
14
10
26
50
66
50
55
Tax %
28%
26%
16%
15%
24%
8%
21%
14%
21%
19%
25%
23%
—
Net Profit
22
17
25
16
23
9
11
9
21
40
49
39
42
EPS (₹)
37.31
30.27
43.5
28.5
40.25
16.31
19.52
14.77
36.18
70.05
84.79
67.11
72.96
Div. Payout %
13%
17%
12%
18%
17%
31%
26%
17%
14%
7%
6%
6%
—

Balance Sheet

₹ Cr
EIMCOELECO balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital
6
6
6
6
6
6
6
6
6
6
6
6
6
Reserves
199
251
273
286
306
310
318
324
343
380
426
462
483
Borrowings
0
0
0
1
2
3
2
0
1
0
0
4
7
Other Liabilities
39
40
32
43
37
32
41
32
37
64
56
52
65
Total Liabilities
244
297
311
335
350
350
367
362
387
450
488
524
561
Fixed Assets
28
65
68
77
74
78
87
81
76
73
70
75
121
CWIP
0
0
0
1
9
11
0
0
1
0
1
2
0
Investments
75
126
143
142
149
153
155
153
165
180
226
205
213
Other Assets
141
106
100
115
117
109
125
128
146
197
191
243
226
Total Assets
244
297
311
335
350
350
367
362
387
450
488
524
561

Cash Flow

₹ Cr
EIMCOELECO cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
19
42
19
10
10
11
3
−10
7
12
33
22
Investing
−16
−42
−15
−5
−8
−3
3
8
−5
−2
−36
−22
Financing
−3
−3
−3
−3
−3
−5
−3
−5
−2
−4
−4
−1
Net Cash Flow
0
−3
1
2
0
3
3
−6
0
5
−6
−1
Free Cash Flow
4
37
15
−4
−1
2
−3
−12
4
7
27
−37
CFO/EBITDA
95
209
108
97
61
289
51
−84
45
49
83
75

Ratios

EIMCOELECO financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
164
135
104
157
120
104
178
169
112
150
101
115
Inventory Days
105
211
139
199
147
349
204
705
320
270
387
400
Days Payable
93
128
56
124
73
113
106
168
74
80
56
65
Cash Conversion Cycle
177
218
187
232
194
340
276
706
357
341
432
450
Working Capital Days
172
181
151
189
158
245
239
427
230
207
206
229
ROCE %
14%
9%
11%
7%
10%
3%
5%
3%
8%
14%
16%
10%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Eimco Elecon insights

61 extracted metrics across FY11–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 48.96%
  • Public 36.22%
  • Others 12.44%
  • FIIs 1.30%
  • DIIs 1.08%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Documents

  • Q2 FY27 concall · Oct 2026
    PPT
  • Q1 FY26 concall · Sep 2025
    PPT

Frequently Asked Questions about Eimco Elecon (India)

What does Eimco Elecon (India) Ltd do?
Eimco Elecon (India) Limited, incorporated in 1974, is in the business of Manufacturing and Marketing Equipment for Underground and Opencast mines. The Co is situated at Vallabh Vidyanagar, Gujarat.
Where is Eimco Elecon (India) Ltd (EIMCOELECO) listed?
Eimco Elecon (India) Ltd trades as EIMCOELECO on the NSE and under code 523708 on the BSE.
Which sector does Eimco Elecon (India) Ltd belong to?
Eimco Elecon (India) Ltd is classified under the Capital Goods sector, in the Industrial Products industry.
What is the PE ratio of Eimco Elecon (India) Ltd?
Eimco Elecon (India) Ltd trades at a PE ratio of 31.62 as of 4 Nov 2026, on earnings per share of ₹72.96, against a book value of ₹846.47 per share.
What is the 52-week high and low of Eimco Elecon (India) Ltd?
Over the last 52 weeks Eimco Elecon (India) Ltd has traded between ₹1,405.5 and ₹2,475 as of 4 Nov 2026.
Does Eimco Elecon (India) Ltd pay dividends?
Eimco Elecon (India) Ltd has a dividend yield of 0.18%.
What is the Return on Equity (ROE) of Eimco Elecon (India) Ltd?
Eimco Elecon (India) Ltd reported a return on equity of 7.81%. Its debt-to-equity ratio is 0.01.

Company Information

Eimco Elecon (India) Limited, incorporated in 1974, is in the business of Manufacturing and Marketing Equipment for Underground and Opencast mines. The Co is situated at Vallabh Vidyanagar, Gujarat. It was the first Co. to introduce the intermediate technology of Side Dump Loaders, Load Haul Dumpers and Rocker Shovel Loaders in India.

CEO Mr. Prayasvin Bhanubhai Patel BE, MBA
Employees 123
Listed 17 Apr 1996
Face Value ₹10

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