Flash Finance

Eimco Elecon (India) LimitedEIMCOELECOCorporate

Engineering Latest results: Mar 2024 13 quarters of data
Consolidated Standalone
₹2,295.30
MCap ₹1,324 Cr · P/E 33.9
Eimco Elecon (India) Limited — Stock analysis & AI research Eimco Elecon (India) Limited — Seasonality — best & worst months Eimco Elecon (India) Limited — Technical setup — score, trend, support & resistance Eimco Elecon (India) Limited — Live exchange announcements
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹84 Cr
Sales · Mar 2024
+31.2% YoY
₹17 Cr
Operating Profit · Mar 2024
+24.0% YoY
19.8%
OPM % · Mar 2024
-5.7% YoY
₹15 Cr
Net Profit · Mar 2024
+51.2% YoY
₹25.72
EPS · Mar 2024
+51.2% YoY

📝 Eimco Elecon (India) Limited — results explained

Quarter ended March 2024 (Q4 FY24)

Eimco Elecon (India) Limited reported revenue of ₹84 crore for the quarter ended March 2024 (Q4 FY24), up 31.2% from ₹64 crore in the same quarter last year, and up 75.6% sequentially over the December 2023 quarter.

Net profit rose 51.2% year-on-year to ₹15 crore, from ₹10 crore. Earnings per share (EPS) came in at ₹25.72.

Operating profit stood at ₹17 crore — an operating margin (OPM) of 19.8%, compared with 21.0% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY24, Eimco Elecon (India) Limited posted revenue of ₹227 crore, a growth of 31.9% over FY23, with a net profit of ₹39 crore (up 96.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹227 crore with a net profit of ₹39 crore.

Valuation snapshot

At the current price of ₹2,295.30, EIMCOELECO has a market capitalisation of ₹1,324 crore and a trailing P/E of about 33.9.

Within the Engineering industry, it is the 25th-largest of the 57 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 48.96%, foreign institutional investors (FIIs) 1.30%, domestic institutional investors (DIIs) 1.08%, public shareholders 48.67% of Eimco Elecon (India) Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,324 Cr
Current Price ?
₹2,295.3
P/E ?
33.95below ind
Industry P/E ?
35.10
P/B ?
2.71
P/S ?
5.83
P/FCF ?
-35.78
Enterprise Value ?
₹1,331 Cr
EV/EBITDA ?
33.28
PEG ?
0.68
Earnings Yield ?
2.4%
Dividend Yield ?
0.18%
Profitability & Returns
Sales (TTM) ?
₹227 Cr
OPM ?
17.6%
Profit after tax (TTM) ?
₹39 Cr
EPS (TTM) ?
₹67.61
ROCE ?
10.0%
ROE ?
8.0%
ROA ?
7.0%
Growth
Sales — latest qtr ?
₹84 Cr
PAT — latest qtr ?
₹15 Cr
YoY qtr sales growth ?
31.2%
YoY qtr profit growth ?
51.2%
Sales growth (3y) ?
22%
Sales growth (5y) ?
4%
Profit growth (3y) ?
50%
Profit growth (5y) ?
11%
Financial Health
Debt ?
₹7 Cr
Debt to Equity ?
0.01
Interest Coverage ?
52.0
Current Ratio ?
N/A
Ownership
Promoter holding ?
48.96%
Change in promoter holding ?
-24.68%
Pledged percentage ?
N/A
Market
Return 3 months ?
25.2%
Return 6 months ?
38.4%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024 YoY % QoQ %
Sales 38151123363337386444514884 +31.2% +75.6%
Operating Profit 11135-16613213817 +24.0% +108.9%
Other Income 1232304325345 +98.8% +17.8%
Interest 0000000000000 +121.9% —
Depreciation 2222222222222 -0.2% +4.1%
Profit Before Tax 11235-387145141019 +39.3% +90.4%
Net Profit 02124-16510511815 +51.2% +85.5%
EPS 0.433.022.173.296.57-2.2510.578.5117.019.3018.7213.0925.72 +51.2% +96.5%
OPM % 2.6% 6.7% 9.1% 13.0% 13.9% -3.0% 16.2% 15.8% 21.0% 5.7% 25.0% 16.7% 19.8% -5.7% +18.6%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY23 FY24 TTM YoY %
Sales ₹172 Cr ₹227 Cr ₹227 Cr +31.9%
Operating Profit ₹24 Cr ₹40 Cr ₹40 Cr +63.4%
OPM % 14.21% 17.60% 17.60% +23.9%
NPM % 11.50% 17.17% 17.17% +49.3%
Other Income ₹9 Cr ₹17 Cr ₹17 Cr +76.1%
Depreciation ₹8 Cr ₹8 Cr ₹8 Cr -5.9%
Interest ₹0 Cr ₹1 Cr ₹1 Cr +366.5%
EBIT ₹16 Cr ₹32 Cr ₹32 Cr +97.7%
PBT ₹26 Cr ₹48 Cr ₹48 Cr +88.1%
Tax ₹4 Cr ₹7 Cr ₹7 Cr +88.9%
Net Profit ₹20 Cr ₹39 Cr ₹39 Cr +96.9%
EPS ₹33.84 ₹66.83 ₹66.83 +97.5%
Material Cost ₹24 Cr ₹95 Cr ₹95 Cr +287.9%
Employee Cost ₹4 Cr ₹14 Cr ₹14 Cr +293.7%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 5 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026 % Chg
Equity Capital 66666 -3.8%
Reserves 343380426462483 +4.5%
Borrowings 10047 +78.8%
Other Liabilities 3764565265 +25.1%
Total Liabilities 387450488524561 +7.0%
Fixed Assets 76737075121 +61.2%
CWIP 10120 -77.5%
Investments 165180226205213 +3.8%
Other Assets 146197191243226 -6.8%
Total Assets 387450488524561 +7.0%

📦 Working Capital (latest 1 periods)

Metric Sep 2026 % Chg
Inventories 115 —
Trade Receivables 91 —
Trade Payables 26 —

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 7123322 -33.3%
Cash from Investing Activity -5-2-36-22 +38.9%
Cash from Financing Activity -2-4-4-1 +75.0%
Net Cash Flow -05-6-1 +83.3%
Free Cash Flow 4727-37 -237.0%
CFO/OP 45%49%83%75% -9.6%

💧 Half-year Cash Flow (latest 1 periods)

Metric Sep 2026 % Chg
Cash from Operating Activity 2 —
Cash from Investing Activity -1 —
Cash from Financing Activity -0 —
Net Cash Flow 1 —

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 112150101115 +13.9%
Inventory Days 320270387400 +3.4%
Days Payable 74805665 +16.1%
Cash Conversion Cycle 357341432450 +4.2%
Working Capital Days 230207206229 +11.2%
ROCE % 8%14%16%10% -37.5%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 73.64%48.96%48.96%48.96%48.96% +0.0%
FIIs 0.21%0.60%3.39%3.10%1.30% -58.1%
DIIs 0.33%0.23%1.00%1.05%1.08% +2.9%
Public 25.82%50.22%46.65%46.89%48.67% +3.8%
No. of Shareholders 12,02015,98918,20418,12217,139 -5.4%

⚖️ Peer comparison

Industry: Engineering · top 25 of 57 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 MTARTECH Mtar Technologies ₹7,039.50 21,653 161.6 1,080 134 21.1% 12.4% 29.7% 77.1% 130.4% 364.5%
2 AZAD Azad Engineering ₹2,808.60 18,138 130.7 639 139 37.6% 21.8% 31.9% 54.2% 25.9% 19.5%
3 ACE Action Construction ₹1,131.00 13,462 30.8 3,414 437 15.5% 12.8% -1.4% 1.5% 20.5% 22.3%
4 LLOYDSENGG LLOYDS ENGINEERING ₹81.61 12,646 80.5 1,234 144 14.0% 11.7% 39.4% 18.7% 104.0% 146.6%
5 TITAGARH TITAGARH RAIL ₹837.75 11,282 58.9 3,271 192 11.1% 5.9% -17.6% -38.1% 12.6% 69.9%
6 KRN KRN Heat ₹1,414.00 9,256 91.2 737 97 19.5% 13.2% 39.7% 44.6% 118.9% 164.8%
7 ELECON Elecon Engineering ₹407.35 9,141 37.3 2,457 245 21.3% 10.0% 6.2% -17.8% 10.5% 9.8%
8 DYNAMATECH Dynamatic Technologies ₹12,004.00 8,152 187.5 1,675 43 11.9% 2.6% 15.6% -23.8% 14.5% 93.0%
9 SKIPPER Skipper ₹534.55 6,530 26.9 5,609 225 10.4% 4.0% 20.1% 42.7% 4.5% 25.5%
10 GMMPFAUDLR GMM Pfaudler ₹1,335.00 6,002 82.3 3,655 68 10.8% 1.8% 10.2% 4.5% 16.4% 117.7%
11 PRAJIND Praj Industries ₹309.00 5,680 188.4 3,244 31 4.8% 1.0% -1.8% -88.9% 11.8% 124.7%
12 TEXRAIL Texmaco Rail ₹109.88 4,471 20.7 4,223 214 8.7% 5.1% -10.9% -14.1% -16.9% 70.7%
13 SHANTIGEAR Shanthi Gears ₹552.20 4,238 66.5 499 64 17.8% 12.7% -14.3% -20.2% -14.4% -56.6%
14 PITTIENG Pitti Engineering ₹1,122.80 4,145 33.8 1,818 125 18.0% 6.9% 7.2% -3.9% 15.8% 28.3%
15 JASH Jash Engineering ₹586.00 3,686 39.2 708 94 17.2% 13.3% 0.3% -12.6% -23.0% 367.7%
16 UNIPARTS Uniparts India ₹776.85 3,505 19.4 1,244 180 22.3% 14.5% 21.5% 79.5% 26.9% 64.3%
17 ANUP Anup Engineering ₹1,641.20 3,288 39.5 739 83 18.7% 11.2% 11.6% -8.2% -30.4% -95.7%
18 HLEGLAS HLE Glascoat ₹469.20 3,259 59.1 1,370 41 9.0% 3.0% 31.7% -8.4% 5.9% -88.5%
19 WINDMACHIN Windsor Machines ₹296.90 3,072 375.8 606 7 4.9% 1.1% 54.7% 10.0% 31.4% 91.4%
20 KABRAEXTRU Kabra Extrusion ₹676.00 2,364 n/m 576 4 4.9% 0.7% -5.4% -116.7% 64.2% 1102.8%
21 THEJO Thejo Engineering ₹2,173.40 2,358 40.5 674 55 13.2% 8.1% 14.3% -5.8% 31.0% 56.1%
22 HMT HMT ₹64.38 2,289 — 147 -132 -76.8% -89.8% 0.3% 8.3% 16.0% -3.6%
23 JNKINDIA JNK India ₹407.00 2,277 34.8 818 65 11.2% 8.0% 71.6% 114.6% 77.0% 149.3%
24 TIL TIL ₹250.25 2,063 — 377 -30 4.8% -7.9% 2.5% -1175.9% 86.2% 12.4%
25 EIMCOELECO Eimco Elecon ₹2,277.10 1,314 31.2 264 42 19.1% 15.9% -6.4% -20.8% 70.9% 46.4%
❓ Frequently asked questions
What was Eimco Elecon (India) Limited's revenue in Q4 FY24?
Eimco Elecon (India) Limited reported revenue of ₹84 crore for the quarter ended March 2024 (Q4 FY24), up 31.2% from ₹64 crore in the same quarter last year, and up 75.6% sequentially over the December 2023 quarter.
What was Eimco Elecon (India) Limited's net profit in Q4 FY24?
Net profit rose 51.2% year-on-year to ₹15 crore, from ₹10 crore. Earnings per share (EPS) came in at ₹25.72.
What is EIMCOELECO's market capitalisation and P/E ratio?
At the current price of ₹2,295.30, EIMCOELECO has a market capitalisation of ₹1,324 crore and a trailing P/E of about 33.9.
Who owns Eimco Elecon (India) Limited? (shareholding pattern)
As of Sep 2026, promoters held 48.96%, foreign institutional investors (FIIs) 1.30%, domestic institutional investors (DIIs) 1.08%, public shareholders 48.67% of Eimco Elecon (India) Limited.
TTM ends 2024-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI