Elecon Engineering Company Ltd (ELECON) — shareholding pattern, promoter holding, financials and share price
About Elecon Engineering Company Ltd (ELECON)
Elecon Engineering Company Ltd operates in the Heavy Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as ELECON and on the BSE under scrip code 505700. Its ISIN is INE205B01031.
Elecon Engineering Company Ltd., incorporated in 1960. 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. [1]
Elecon Engineering Company Limited designs, engineers and manufactures industrial gear solutions and mission-critical material handling equipment (MHE), operating manufacturing and assembly centres across India, UK, Sweden, USA and the Netherlands and selling into power, steel, cement, ports, mining and defence sectors with brands Elecon, Benzlers and Radicon.
Q4 FY26 consolidated revenue was ₹746 crore (−7% YoY) while FY26 consolidated revenue reached ₹2,366 crore (+6% YoY); EBITDA for FY26 was ₹523 crore with margins compressing ~250 bps YoY, and PAT was affected by a one-time goodwill impairment of ₹102 crore recorded in Q4.
Listed peers in Heavy Electrical Equipment: Inox Wind Ltd, Atlanta Electricals Ltd, Transformers & Rectifiers India Ltd, Voltamp Transformers Ltd, Quality Power Electrical Equipments Ltd, Powerica Ltd.
Valuation & Returns
10 Jul 2026At ₹510.3 a share on 10 Jul 2026, Elecon Engineering Company Ltd (ELECON) was valued at a price-to-earnings ratio of 48.51x against an industry P/E of 52.37x and a price-to-book of 4.97x on a book value of ₹102.76 per share as of Mar 2026. Solomo computes return on equity of 10.24% and return on capital employed of 14.25% from filed results. Earnings ratios use consolidated results for the twelve months Sep 2025 to Jun 2026.
- P/E
- 48.51x
- Industry P/E
- 52.37x
- P/B
- 4.97x
- EPS (TTM)
- ₹10.52
- Book value / share
- ₹102.76
- ROE
- 10.24%
- ROCE
- 14.25%
- ROA
- 7.3%
- Debt / equity
- 0.12x
- Dividend yield
- 0.39%
- EBITDA margin
- 19.9%
- 52-week range
- ₹352 – ₹683
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Elecon Engineering Company Ltd (ELECON) reported revenue of ₹2,366 crore, net profit of ₹341 crore and earnings per share of ₹15.2. That compares with revenue of ₹2,227 crore and net profit of ₹415 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹521 crore and net profit ₹70 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,212 | 1,530 | 1,937 | 2,227 | 2,366 |
| Net profit (₹ cr) | 140 | 238 | 356 | 415 | 341 |
| EPS (₹) | 6.26 | 10.58 | 15.85 | 18.5 | 15.2 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 8.14% | 20.41% | 18.98% | 6.25% |
| Profit growth | 41.43% | 67.40% | 36.33% | -17.81% |
| Stock price CAGR | 31% | 45% | 8% | -24% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 59.27% of Elecon Engineering Company Ltd (ELECON) (unchanged from the previous quarter), foreign institutional investors (FII) hold 6.99% and domestic institutional investors (DII) hold 7.18%. Market capitalisation was ₹11,451 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: Sundaram Mutual Fund A/C Sundaram Small Cap Fund 1.91%, Ajay Upadhyaya 1.78%, Franklin India Small Cap Fund 1.65%, Long Term India Fund 1.11%, Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 1.1%, Vijay Kishanlal Kedia 1%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 59.27% | - | 6.99% | 7.18% | 40.73% |
| Mar 2026 | 59.27% | - | 7.14% | 5.67% | 40.73% |
| Dec 2025 | 59.27% | - | 8.1% | 4.48% | 40.73% |
| Sep 2025 | 59.27% | - | 8.31% | 4.13% | 40.73% |
| Jun 2025 | 59.27% | - | 9.62% | 3.78% | 40.73% |
| Mar 2025 | 59.27% | - | 8.65% | 4.39% | 40.73% |
| Dec 2024 | 59.27% | - | 9.73% | 3.67% | 40.73% |
| Sep 2024 | 59.27% | - | 9.84% | 2.97% | 40.73% |