Eimco Elecon India Ltd vs Forbes Precision Tools Machine Parts Ltd Stock Comparison
Eimco Elecon India Ltd vs Forbes Precision Tools Machine Parts Ltd Stock Comparison
Last Updated on: May 03, 2026
Key Highlights
The Latest Trading Price of Eimco Elecon (India) Ltd is ₹ 1576 as of 30 Apr 15:30
. The P/E Ratio of Eimco Elecon (India) Ltd changed from 17.1 on March 2021 to 22.8 on March 2024 . This represents a CAGR of 7.46% over 4 yearsThe P/E Ratio of Forbes Precision Tools & Machine Parts Ltd changed from 0 on March 2021 to 0 on March 2024 . This represents a CAGR of 0.0% over 4 years The Market Cap of Eimco Elecon (India) Ltd changed from ₹ 193.5 crore on March 2021 to ₹ 878.25 crore on March 2024 . This represents a CAGR of 45.96% over 4 yearsThe Market Cap of Forbes Precision Tools & Machine Parts Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2024 . This represents a CAGR of 0.0% over 4 years The revenue of Eimco Elecon (India) Ltd for the Mar '26 is ₹ 65.57 crore as compare to the Dec '25 revenue of ₹ 69.01 crore. This represent the decline of -4.98% The revenue of Forbes Precision Tools & Machine Parts Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 65.09 crore. This represent the decline of -100% The ebitda of Eimco Elecon (India) Ltd for the Mar '26 is ₹ 11.63 crore as compare to the Dec '25 ebitda of ₹ 18.46 crore. This represent the decline of -37% The ebitda of Forbes Precision Tools & Machine Parts Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 12.45 crore. This represent the decline of -100% The net profit of Eimco Elecon (India) Ltd changed from ₹ 14.78 crore to ₹ 6.36 crore over 8 quarters. This represents a CAGR of -34.40%
The net profit of Forbes Precision Tools & Machine Parts Ltd changed from ₹ 4.83 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of -100.00%
The Dividend Payout of Eimco Elecon (India) Ltd changed from 25.62 % on March 2021 to 5.9 % on March 2025 . This represents a CAGR of -25.45% over 5 yearsThe Dividend Payout of Forbes Precision Tools & Machine Parts Ltd changed from 89.72 % on March 2025 to 89.72 % on March 2025 . This represents a CAGR of 0.00% over 1 years .
About Eimco Elecon (India) Ltd
Eimco Elecon (India) Limited., established in 1974 was promoted as a Joint Venture between Elecon Engineering Co. and Envirotech Corporation, US, a subsidiary of Baker Hughes, to manufacture hi-tech drills and loaders used in underground mining.
The Company is in business of Manufacturing and Marketing Equipment for Underground and Opencast Mines.
The Company was first to introduce the intermediate technology of Side Dump Loaders (SDLs), Load Haul Dumpers (LHDs) and Rocker Shovel Loaders in India to partially mechanize the underground Coal and metalliferrous mines and continue to be market leader since then.
Envirotech was active in the mining business through its division, Eimco Mining Equipment Group, till 1989, then from Baker Huges, the Eimco Division was taken over by the Finnish Industrial Organisation OY Tampella, whose Mining Equipment Division, Tamrock is the market leader with over 40% share internationally, OY Tampella through its subsidiary, Tamrock Great Britain Holdings, held around 39% of Eimco Elecon's Rs 2.
About Forbes Precision Tools & Machine Parts Ltd
Forbes Precision Tools&Machine Parts Limited was incorporated on August 30, 2022 with the Registrar of Companies, Maharashtra in Mumbai.
The Company is mainly engaged in the business of manufacturing, trading & servicing of engineering and related products and Machine & Machine parts.
The main objects of the Company are to carry on business of manufacturers, importers, exporters, buyers, sellers, traders, dealers, distributors, service providers of engineering and electrical products and services including taps, carbon and/or steel taps, drills, rotary burrs, tools, threading tools, grinding tools, measuring tools, hand tools, precision tools, tools of any kind, jigs, fixtures, dies, spare parts, accessories, filtering materials, designs, patterns, plants, apparatus, equipment, machinery, machine parts and to carry on such other activities as may be incidental or conducive or advantageously carried on with any of the above activities.
FAQs for the comparison of Eimco Elecon (India) Ltd and Forbes Precision Tools & Machine Parts Ltd
Which company has a larger market capitalization, Eimco Elecon (India) Ltd or Forbes Precision Tools & Machine Parts Ltd?
Market cap of Eimco Elecon (India) Ltd is 946 Cr while Market cap of Forbes Precision Tools & Machine Parts Ltd is 712 Cr
What are the key factors driving the stock performance of Eimco Elecon (India) Ltd and Forbes Precision Tools & Machine Parts Ltd?
The stock performance of Eimco Elecon (India) Ltd and Forbes Precision Tools & Machine Parts Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Eimco Elecon (India) Ltd and Forbes Precision Tools & Machine Parts Ltd?
As of May 3, 2026, the Eimco Elecon (India) Ltd stock price is INR ₹1640.3. On the other hand, Forbes Precision Tools & Machine Parts Ltd stock price is INR ₹138.05.
How do dividend payouts of Eimco Elecon (India) Ltd and Forbes Precision Tools & Machine Parts Ltd compare?
To compare the dividend payouts of Eimco Elecon (India) Ltd and Forbes Precision Tools & Machine Parts Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.