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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Eimco Elecon (India) Limited is an India-based company. The Company is engaged in the business of manufacturing of equipment for mining and construction sector. The Company produces a range of underground coal mining machinery and construction equipment. The Company offers…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, priced for perfection — but flagged on governance.
EIMCO ELECON is scored on the general / industrial framework. It keeps a healthy 15.8% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.30×) — worth a closer look. Free cash flow is worth about 1.0% of its market value.
Over the last 3 years revenue compounded at 21%/yr and profit at 51%/yr. Book value has grown 6%/yr. Return on equity is a modest 10.5%. In the latest quarter profit grew 97% versus the prior quarter.
At 36× earnings, the stock sits at the 81st percentile of its own 5.2-year range — the expensive end of where it has historically traded. Today's price implies ~11%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹0.14 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 22.78 | — | — |
| P/B | 2.27 | 5.05 | better |
| EV/EBITDA | 15.41 | 12.75 | worse |
| ROE | 10.46 | 10.19 | better |
| ROCE | 13.28 | 12.02 | better |
| ROA | 9.97 | 4.74 | better |
| Quick Ratio | 1.98 | 3.69 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Cummins India | 49.9 | 13.5 | 27.1% |
| Welspun Corp | 24.6 | 5.5 | 22.3% |
| Indo-mim | 109.9 | 21.2 | 23.4% |
21% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Profit is growing faster than revenue (51% vs 21%) — margin expansion is at work. The latest year saw a +97% swing — check if it's a one-off or structural.
Operating margin has expanded from 10% to 20% — the business is keeping more of each rupee earned.
ROE at 10% — modest; the capital isn't working hard. Capital efficiency improving — ROE up 7pp across the window.
51% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 0.3× PAT — reported profit isn't translating into cash, raising earnings quality questions. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 70% sequentially — momentum is building. Wide quarterly swings (46% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 38% above earlier ones.
Profit jumped 97% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (11% → 17%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 5.2y median.
Promoters at 49.0% — dispersed ownership; institutional flows drive the stock. FIIs trimmed 2.1pp — foreign money is rotating out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.