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Elecon Engineering Company Ltd P/E Ratio

Elecon Engineering Company Ltd P/E Ratio

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Last Updated time: 14 Jul 15:30 PM

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Elecon Engineering Company Ltd

NSE: ELECON

PE

40.9

Last updated : 14 Jul 15:30 PM

Key Highlights

    The P/E Ratio of Elecon Engineering Company Ltd is 40.9 as of 14 Jul 15:30 PM .a1#The P/E Ratio of Elecon Engineering Company Ltd changed from 10.1 on March 2019 to 30 on March 2024 . This represents a CAGR of 19.89% over 6 years. a1#The Latest Trading Price of Elecon Engineering Company Ltd is ₹ 1287 as of 12 Jul 15:30 .a1#The PE Ratio of Capital Goods-Non Electrical Equipment Industry has changed from 10.6 to 34.0 in 5 years. This represents a CAGR of 26.25%a1# The PE Ratio of Automobile industry is 17.2. The PE Ratio of Capital Goods-Non Electrical Equipment industry is 48.7. The PE Ratio of Finance industry is 24.7. The PE Ratio of IT - Software industry is 29.2. The PE Ratio of Retail industry is 143.1. The PE Ratio of Textiles industry is 12.1. In 2024a1#The Market Cap of Elecon Engineering Company Ltd changed from ₹ 709.66 crore on March 2019 to ₹ 10657 crore on March 2024 . This represents a CAGR of 57.07% over 6 years. a1#The Revenue of Elecon Engineering Company Ltd changed from ₹ 332.18 crore to ₹ 580.13 crore over 8 quarters. This represents a CAGR of 32.15% a1#The EBITDA of Elecon Engineering Company Ltd changed from ₹ 69.13 crore to ₹ 150.87 crore over 8 quarters. This represents a CAGR of 47.73% a1#The Net Pr of Elecon Engineering Company Ltd changed from ₹ 42.31 crore to ₹ 103.65 crore over 8 quarters. This represents a CAGR of 56.52% a1#The Dividend Payout of Elecon Engineering Company Ltd changed from 18.59 % on March 2019 to 11.1 % on March 2024 . This represents a CAGR of -8.24% over 6 years. a1#

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Historical P/E Ratio of Elecon Engineering Company Ltd

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

Historical P/E Ratio of Elecon Engineering Company Ltd

Period
Mar '1910.1
Mar '202.4
Mar '2112.3
Mar '2211.5
Mar '2318
Mar '2430

Company Fundamentals for Elecon Engineering Company Ltd

Market Cap

14,441 Cr

EPS

31.5

P/E Ratio (TTM) *

40.9

P/B Ratio (TTM) *

9.0

Day’s High

1318.65

Day’s Low

1279.5

DTE *

0.0

ROE *

22.2

52 Week High

1414.95

52 Week Low

693.35

ROCE *

28.0

* All values are consolidated

Last Updated time: 14 Jul 15:30 PM

* All values are consolidated

Last Updated time: 14 Jul 15:30 PM

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Elecon Engineering Company Ltd

NSE: ELECON

PRICE

1287.15

-6.25 (-0.48%)

stock direction

Last updated : 12 Jul 15:30

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Elecon Engineering Company Ltd

Strength

4

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Elecon Engineering Company Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Elecon Engineering Company Ltd

Market Value

14,442

Asset Value

1,024

13.1 X

Value addition

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Elecon Engineering Company Ltd4014,441
Cummins India Ltd63109,626
Thermax Ltd10662,700
Carborundum Universal Ltd6932,179
Grindwell Norton Ltd8029,703
Jupiter Wagons Ltd8628,696

Key Valuation Metric of Elecon Engineering Company Ltd

Earnings

355 Cr

40.9 X

PE Ratio

Market Cap

₹14441Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

Earnings

355 Cr

40.9 X

PE Ratio

Market Cap

₹14441Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Capital Goods-Non Electrical Equipment Industry over time

PE Ratio of Top Sectors

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Historical Market Cap of Elecon Engineering Company Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Elecon Engineering Company Ltd

Period
Mar '19710
Mar '20214
Mar '21711
Mar '221614
Mar '234285
Mar '2410657

* All values are a in crore

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Historical Revenue of Elecon Engineering Company Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Elecon Engineering Company Ltd

Period
Jun '22332
Sep '22394
Dec '22393
Mar '23434
Jun '23424
Sep '23499
Dec '23485
Mar '24580

* All values are a in crore

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Historical EBITDA of Elecon Engineering Company Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of Elecon Engineering Company Ltd

Period
Jun '2269
Sep '2298
Dec '2293
Mar '23102
Jun '23109
Sep '23133
Dec '23132
Mar '24151

* All values are a in crore

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Historical Net Profit of Elecon Engineering Company Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Elecon Engineering Company Ltd

Period
Jun '2242
Sep '2265
Dec '2263
Mar '2368
Jun '2373
Sep '2389
Dec '2390
Mar '24104

* All values are a in crore

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Historical Dividend Payout of Elecon Engineering Company Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Elecon Engineering Company Ltd

Period
Mar '1919
Mar '200
Mar '2112
Mar '2216
Mar '2312
Mar '2411

* All values are a in %

About Elecon Engineering Company Ltd

About Elecon Engineering Company Ltd

    Elecon Engineering Company Ltd is a leading manufacture of mission critical Material Handling Equipment and Power Transmission Solution. The Company is involved in design and manufacturing of Material Handling Equipment and Industrial Gears and involved in providing erection and commissioning solutions for its products. The Company designs, manufactures and markets sophisticated range of products through their network spread across India and through foreign equity participating companies in Singapore, Australia, South Africa, China and Dubai in the Middle East. The company's product range includes designing, engineering, manufacturing, supply, erection and commission of wagon tipplers, bucket wheel stacker or reclaimers, barrel-type blender reclaimers, fertilizer reclaiming scrapers, limestone pre-homegenizing and blending plants etc. The company is the first company in India to have manufactured sophisticated equipment for Bulk Material Handling. Elecon Engineering Company Ltd was established in the year 1951. The company is the pioneer, in the manufacture of material handling equipment in India. The company developed and perfected their skills in design, manufacture, erection and commissioning of coal handling plants. Over the years, they expanded their skills and expertise for designing and execution of turnkey contracts. In the year 1984, the company received government approval for their diversification into the manufacture of 1000 hydraulic fluid couplings per annum and in June 1987, Elecon (Madras) Ltd, a wholly owned subsidiary company merged with the company. During the year 1997-98, the company in technical collaboration with a Japanese company floated a new company to manufacture geared motors and gear reducers. Also, they formed a joint venture with German company. The commercial production was started in March 1999. During the year 1998-99, the company launched POSIRED 2 Helical/Bevel Gears in technical collaboration with P I V Antrieb Werner Reimers GmbH & Co KG, Germany. Also, they launched Super NU Universal Mounting Worm Gears during the year. During the year 2000-01, the company set up a wholly owned subsidiary company at Singapore namely Elecon Singapore Pte Ltd with a view to develop the export market for the company's products in the South East Asian countries and during the year 2001-02, they set up another wholly owned subsidiary at Australia namely Elecon Australia Pte Ltd with a view to develop the export market for the company products in Australia. During the year 2002-03, the company entered into an agreement for transfer of 50% of the equity share in their subsidiaries at Singapore and Australia to Emitici Engineering Ltd. In view of this, Elecon Singapore Pte Ltd and Elecon Australia Pty Ltd are no more subsidiaries of the company. The company in technical collaboration with RENK, Germany delivered their first shipset against the order of three shipsets from Mazgaon Dock Ltd for the Indian Navy's Stealth Frigate. During the year 2003-04, the company bagged an order from Maharashtra State Electricity Board for their Parli project worth Rs 58 crores. Also, they received orders for manufacture of certain gear components from one of the largest Gear manufacturers in the world. During the year 2005-06, the company entered into Technical Collaboration Agreement with Turbowinds N V of Belgium for import of technology to manufacture Wind Electric Generators. Also, they invested in 3 equity shares of AED 1,00,000 aggregating to AED 3,00,000 in Elecon Middle East FZCO, at Dubai Airport Free Trade Zone. During the year 2006-07, the company signed a technical collaboration with Haisung Industrial System Company Ltd of Korea to design and manufacture high speed and capacity lift gearboxes. Also, they signed a technical collaboration agreement with RENK AG of Germany for availing technology for design and manufacture of Vertical Roller Mill Gear Boxes. During the year 2007-08, the company set up Wind Turbine Generator farms and manufacturing of Wind Turbine Generator Gear Boxes with a strategy of diversification. They developed a Wind Farm in Gujarat where 6 Wind Turbine Generators having the capacity of 600 KW was commissioned. Also, they supplied 4 Wind Turbine Generators equipments having the capacity of 600 KW each in Maharashtra. During the year 2008-09, the Company installed 5 WTGs in Gujarat and supplied 1 WTG to North America. In October 2010, Company acquired the Benzlers-Radicon Group, the power transmission business of UK-based David Brown Ltd. to expand its reach in international market. During 2011-12, the Company formed a private Company; Excel EPC Projects Pvt. Ltd. on 30 May, 2012 as its Wholly-Owned Subsidiary Company. Later, the Company sold its entire shareholding in Excel EPC Projects Pvt. Ltd. to two of the promoters of the Company. During 2011-12, the Hon'ble High Court of Gujarat, vide its orders dated December 21, 2012 sanctioned Scheme of Arrangement between Prayas Engineering Limited (First Demerged Company or PEL) and EMTICI Engineering Limited (Second Demerged Company or EMTICI) and Elecon Engineering Company Limited (First Resulting Company or EECL) and Elecon EPC Projects Limited (Second Resulting Company or EPL) and their respective Shareholders and Creditors, which inter alia, envisaged for i) transfer of MHE Undertaking of Elecon Engineering Company Limited to Elecon EPC Projects Limited, a Subsidiary Company of the Company by way of slump sale and ii) transfer of GEAR business of Prayas Engineering Limited and EMTICI Engineering Limited to Elecon Engineering Company Limited by way of demerger, which became effective on 1st April, 2013 from the Appointed date of the Scheme, April 1, 2012. During 2012-13, the Company transferred its MHE Div. by way of slump sale to its Subsidiary Company for a total cash consideration of Rs 127.32 Crs. By virtue of Scheme of Arrangement, all the MHE business of Elecon Engineering Company Limited was transferred to Elecon EPC Projects Limited. By virtue of the Scheme of Arrangement, GEAR businesses of two Group Companies i.e. Prayas Engineering Ltd. and Emtici Engineering Ltd., merged into the Company during 2013. By virtue of the aforesaid High Court order, all assets, liabilities, facilities, workforce, contracts, rights, obligations, qualifications, etc. (except land and buildings) of GEAR business of Prayas Engineering Ltd. and Emtici Engineering Ltd. stands transferred to Elecon Engineering Company Limited. During 2016-17, the Hon'ble High Court of Gujarat, vide its Orders dated October 7, 2016 approved the Scheme of Arrangement of Elecon EPC Projects Limited (Transferor Company) with the Company and their respective Shareholders and Creditors, which was effective on October 24, 2016 and as a result, Elecon EPC Projects Limited ceased to be a Subsidiary Company of the Company.

Elecon Engineering Company Ltd News Hub

News

Elecon Engineering Company fixes record date for stock split

Elecon Engineering Company has fixed 19 July 2024 as record date for stock split of equity...

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04 Jul 202420:19

News

Elecon Engineering Company to conduct board meeting

Elecon Engineering Company will hold a meeting of the Board of Directors of the Company on...

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29 Jun 202417:39

News

Volumes soar at Elecon Engineering Company Ltd counter

TVS Supply Chain Solutions Ltd, Tanla Platforms Ltd, Tata Teleservices (Maharashtra) Ltd, ...

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12 Jun 202414:30

News

Elecon Engineering Company schedules AGM

Elecon Engineering Company announced that the Annual General Meeting(AGM) of the company w...

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20 May 202411:01

News

Board of Elecon Engineering Company recommends Final Dividend

Elecon Engineering Company announced that the Board of Directors of the Company at its mee...

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20 Apr 202409:24

News

Board of Elecon Engineering Company approves sub-division of shares

The Board of Elecon Engineering Company at its meeting held on 19 April 2024 has approved ...

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19 Apr 202414:49

Product Composition by Percentage (Revenue)

FAQs for PE of Elecon Engineering Company Ltd

What is Elecon Engineering Company Ltd current share price?

The current market price of Elecon Engineering Company Ltd as of July 14, 2024 is ₹1287.15.

Is Elecon Engineering Company Ltd a good investment?

As per BlinkX Score Elecon Engineering Company Ltd scores 73 in Revenue, 93 in Profitability. However it's advisable to conduct comprehensive research or seek advice from experts to evaluate whether it aligns with your investment objectives.

What are Elecon Engineering Company Ltd's total net assets?

According to Elecon Engineering Company Ltd's most recent financial filings, the company's net assets total ₹1024.4 Cr.

Is Elecon Engineering Company Ltd making a profit or loss?

Elecon Engineering Company Ltd's net Profit as of July 14, 2024 is close to ₹355 Cr.
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