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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.
Elecon Engineering Company Limited is an India-based company that is engaged in the designing and manufacturing of material handling equipment and industrial gear and is also involved in providing erection and commissioning solutions for its products. The Company operates…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, steadily growing business, fairly priced.
Elecon Eng. Co. is scored on the general / industrial framework. It keeps a healthy 13.9% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 0.92×). Free cash flow is worth about 1.0% of its market value.
Over the last 3 years revenue compounded at 16%/yr and profit at 13%/yr. Book value itself has compounded 22%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 12.4%. In the latest quarter profit grew 37% versus the prior quarter.
At 28× earnings, the stock sits at the 43rd percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~18%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
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 | 38.46 | — | — |
| P/B | 3.75 | 5.05 | better |
| EV/EBITDA | 19.76 | 12.75 | worse |
| ROE | 12.39 | 10.19 | better |
| ROCE | 16.88 | 12.02 | better |
| ROA | 6.87 | 4.74 | better |
| Quick Ratio | 2.48 | 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% |
Revenue has grown every year across all 4 financial years shown. 16% CAGR over 3 years — steady double-digit compounder. Growth is decelerating — latest year grew slower than the year before.
Profit is on a 2-year growth streak. Revenue is outpacing profit (16% vs 13%) — costs are rising faster than the top line.
Operating margins have been stable around 19% — no major structural shift.
ROE at 15% — a respectable return on shareholder capital.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (13% vs -10%) — share dilution is eroding per-share value. -10% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth. 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 21% sequentially — momentum is building. Run-rate fading — recent quarters 10% below earlier ones.
Profit jumped 37% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (13% → 15%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 59.3% — majority control intact. MF holding up 4.3pp — domestic institutional discovery underway.
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.