Eimco Elecon (India) Ltd (EIMCOELECO) — shareholding pattern, promoter holding, financials and share price
About Eimco Elecon (India) Ltd (EIMCOELECO)
Eimco Elecon (India) Ltd operates in the Industrial Products industry, within the Capital Goods sector. It trades on the NSE as EIMCOELECO and on the BSE under scrip code 523708. Its ISIN is INE158B01016.
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. [1]
Eimco Elecon (India) Limited specializes in manufacturing equipment for underground and opencast mining, maintaining leadership in the semimechanized underground mining sector.
With a new product line, including technologically advanced piling rigs, the company showcases its capacity expansion under the 'Make in India' initiative with international collaboration. This implies a strategic growth trajectory towards enhancing market offerings.
Listed peers in Industrial Products: Salasar Techno Engineering Ltd, Kabra Extrusion Technik Ltd, Mamata Machinery Ltd, Rajoo Engineers Ltd, Tirupati Forge Ltd, Bajaj Steel Industries Ltd.
Valuation & Returns
10 Jul 2026At ₹1,743.9 a share on 10 Jul 2026, Eimco Elecon (India) Ltd (EIMCOELECO) was valued at a price-to-earnings ratio of 26.09x against an industry P/E of 48.01x and a price-to-book of 2.6x on a book value of ₹669.46 per share as of Mar 2024. Solomo computes return on equity of 9.98% and return on capital employed of 12.68% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2023 to Mar 2024.
- P/E
- 26.09x
- Industry P/E
- 48.01x
- P/B
- 2.6x
- EPS (TTM)
- ₹66.83
- Book value / share
- ₹669.46
- ROE
- 9.98%
- ROCE
- 12.68%
- ROA
- 8.56%
- Debt / equity
- 0x
- Dividend yield
- 0.23%
- EBITDA margin
- 24.84%
- 52-week range
- ₹1,413.7 – ₹2,614.4
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2024In the year ended Mar 2024, Eimco Elecon (India) Ltd (EIMCOELECO) reported revenue of ₹228 crore, net profit of ₹39 crore and earnings per share of ₹66.83. That compares with revenue of ₹173 crore and net profit of ₹20 crore in Mar 2023. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2024, revenue was ₹84 crore and net profit ₹15 crore (consolidated).
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 108 | 126 | 84 | 173 | 228 |
| Net profit (₹ cr) | 9 | 11 | 9 | 20 | 39 |
| EPS (₹) | 16.45 | 19.55 | 15.05 | 33.84 | 66.83 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 2.46% | 12.84% | 10.14% | 31.72% |
| Profit growth | 4.94% | 28.02% | 22.87% | 97.49% |
| Stock price CAGR | 15% | 30% | 40% | -23% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 48.96% of Eimco Elecon (India) Ltd (EIMCOELECO) (unchanged from the previous quarter), foreign institutional investors (FII) hold 3.25% and domestic institutional investors (DII) hold 0.99%. Market capitalisation was ₹1,006 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Aegis Investment Fund Pcc 2.79%, HUF 2.14%, Kedia Securities Private Limited 1.45%, Anil L Shah 1.32%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 48.96% | - | 3.25% | 0.99% | 51.04% |
| Mar 2026 | 48.96% | - | 3.1% | 1.06% | 51.04% |
| Dec 2025 | 48.96% | - | 3.39% | 1.01% | 51.04% |
| Sep 2025 | 48.96% | - | 0.6% | 0.23% | 51.04% |
| Jun 2025 | 73.64% | - | 0.21% | 0.34% | 26.36% |
| Mar 2025 | 73.64% | - | 0.45% | 0.34% | 26.36% |
| Dec 2024 | 73.64% | - | 0.29% | 0.75% | 26.36% |
| Sep 2024 | 74.06% | - | 0.1% | 0.37% | 25.94% |