Elecon Engineering Company LimitedELECONCorporate

Engineering Latest results: Sep 2026 15 quarters of data
₹480.35
MCap ₹10,779 Cr · P/E 44.1
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.
₹639 Cr
Sales · Sep 2026
+10.5% YoY
₹148 Cr
Operating Profit · Sep 2026
+17.7% YoY
23.1%
OPM % · Sep 2026
+6.5% YoY
₹96 Cr
Net Profit · Sep 2026
+9.8% YoY
₹4.29
EPS · Sep 2026
+9.7% YoY

📝 Elecon Engineering Company Limited — results explained

Quarter ended September 2026 (Q2 FY27)

Elecon Engineering Company Limited reported revenue of ₹639 crore for the quarter ended September 2026 (Q2 FY27), up 10.5% from ₹578 crore in the same quarter last year, and up 22.7% sequentially over the June 2026 quarter.

Net profit rose 9.8% year-on-year to ₹96 crore, from ₹88 crore. Earnings per share (EPS) came in at ₹4.29.

Operating profit stood at ₹148 crore — an operating margin (OPM) of 23.1%, compared with 21.7% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Elecon Engineering Company Limited posted revenue of ₹2,366 crore, a growth of 6.2% over FY25, with a net profit of ₹341 crore (down 17.8% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹2,457 crore with a net profit of ₹245 crore.

Valuation snapshot

At the current price of ₹480.35, ELECON has a market capitalisation of ₹10,779 crore and a trailing P/E of about 44.1.

Within the Engineering industry, it is the 7th-largest of the 57 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 59.27%, foreign institutional investors (FIIs) 6.93%, domestic institutional investors (DIIs) 7.08%, the government 0.04%, public shareholders 26.68% of Elecon Engineering Company Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹10,779 Cr
Current Price ?
₹480.4
P/E ?
44.05above ind
Industry P/E ?
35.10
P/B ?
4.30
P/S ?
4.39
P/FCF ?
49.45
Enterprise Value ?
₹11,140 Cr
EV/EBITDA ?
21.25
PEG ?
3.15
Earnings Yield ?
3.7%
Dividend Yield ?
0.41%
Profitability & Returns
Sales (TTM) ?
₹2,457 Cr
OPM ?
21.3%
Profit after tax (TTM) ?
₹245 Cr
EPS (TTM) ?
₹10.90
ROCE ?
21.0%
ROE ?
9.8%
ROA ?
6.9%
Growth
Sales — latest qtr ?
₹639 Cr
PAT — latest qtr ?
₹96 Cr
YoY qtr sales growth ?
10.5%
YoY qtr profit growth ?
9.8%
Sales growth (3y) ?
16%
Sales growth (5y) ?
18%
Profit growth (3y) ?
14%
Profit growth (5y) ?
44%
Financial Health
Debt ?
₹361 Cr
Debt to Equity ?
0.14
Interest Coverage ?
16.8
Current Ratio ?
N/A
Ownership
Promoter holding ?
59.27%
Change in promoter holding ?
-0.01%
Pledged percentage ?
N/A
Market
Return 3 months ?
3.4%
Return 6 months ?
16.4%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 425414485474565392508529798491578552746521639 +10.5% +22.7%
Operating Profit 9310011912013592112143195130126109158109148 +17.7% +35.5%
Other Income 9914101614141621271819182220 +8.0% -9.7%
Interest 5231222356676810 +81.5% +27.4%
Depreciation 141213131313131619252527273033 +29.0% +9.5%
Profit Before Tax 849411711713694111140192207113944093125 +10.4% +33.9%
Net Profit 687389901047388108146175887267096 +9.8% +37.0%
EPS 6.066.507.898.069.246.543.914.796.537.823.913.210.273.144.29 +9.7% +36.6%
OPM % 21.9% 24.1% 24.5% 25.4% 24.0% 23.5% 22.1% 27.0% 24.5% 26.6% 21.7% 19.8% 21.2% 21.0% 23.1% +6.5% +10.0%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹2,227 Cr ₹2,366 Cr ₹2,457 Cr +6.2%
Operating Profit ₹543 Cr ₹523 Cr ₹524 Cr -3.6%
OPM % 24.36% 22.11% 21.34% -9.2%
NPM % 18.64% 14.42% 9.96% -22.6%
Other Income ₹65 Cr ₹82 Cr ₹78 Cr +26.4%
Depreciation ₹61 Cr ₹104 Cr ₹117 Cr +71.6%
Interest ₹13 Cr ₹25 Cr ₹32 Cr +91.0%
EBIT ₹482 Cr ₹419 Cr ₹407 Cr -13.1%
PBT ₹537 Cr ₹454 Cr ₹352 Cr -15.4%
Tax ₹122 Cr ₹113 Cr ₹108 Cr -7.0%
Net Profit ₹415 Cr ₹341 Cr ₹245 Cr -17.8%
EPS ₹21.77 ₹15.21 ₹10.91 -30.1%
Material Cost ₹1,016 Cr ₹1,217 Cr ₹1,243 Cr +19.8%
Employee Cost ₹209 Cr ₹241 Cr ₹252 Cr +15.7%
Extraordinary Items — ₹-21 Cr ₹-102 Cr —

🏛️ Balance Sheet (latest 5 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026 % Chg
Equity Capital 2222222222 +2.0%
Reserves 1,2571,5821,9762,2832,487 +8.9%
Borrowings 5270181273361 +32.4%
Other Liabilities 399449550655691 +5.5%
Total Liabilities 1,7302,1232,7293,2343,562 +10.1%
Fixed Assets 7547699149301,068 +14.9%
CWIP 0172342 +80.9%
Investments 77286496743917 +23.4%
Other Assets 8991,0671,3131,5381,536 -0.2%
Total Assets 1,7302,1232,7293,2343,562 +10.1%

📦 Working Capital (latest 1 periods)

Metric Sep 2026 % Chg
Inventories 370 —
Trade Receivables 602 —
Trade Payables 322 —

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 309365425314 -26.1%
Cash from Investing Activity -166-279-309-182 +41.1%
Cash from Financing Activity -145-58-67-122 -82.1%
Net Cash Flow -2274910 -79.6%
Free Cash Flow 263339361218 -39.6%
CFO/OP 110%100%101%81% -19.8%

💧 Half-year Cash Flow (latest 1 periods)

Metric Sep 2026 % Chg
Cash from Operating Activity 242 —
Cash from Investing Activity -197 —
Cash from Financing Activity -92 —
Net Cash Flow -47 —

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 8284101111 +9.9%
Inventory Days 142978698 +14.0%
Days Payable 1008010094 -6.0%
Cash Conversion Cycle 12510287115 +32.2%
Working Capital Days 75676374 +17.5%
ROCE % 25%31%28%21% -25.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 59.28%59.28%59.28%59.28%59.27% -0.0%
FIIs 9.61%8.31%8.09%7.13%6.93% -2.8%
DIIs 3.80%4.13%4.48%5.67%7.08% +24.9%
Government 0.04%0.04%0.04%0.04%0.04% +0.0%
Public 27.28%28.25%28.11%27.89%26.68% -4.3%
No. of Shareholders 1,15,5011,26,3191,21,9391,22,5741,19,688 -2.4%

⚖️ 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 MACPOWER Macpower CNC ₹1,984.00 1,985 51.0 367 39 16.7% 10.6% 27.3% 32.8% 56.1% 110.3%
❓ Frequently asked questions
What was Elecon Engineering Company Limited's revenue in Q2 FY27?
Elecon Engineering Company Limited reported revenue of ₹639 crore for the quarter ended September 2026 (Q2 FY27), up 10.5% from ₹578 crore in the same quarter last year, and up 22.7% sequentially over the June 2026 quarter.
What was Elecon Engineering Company Limited's net profit in Q2 FY27?
Net profit rose 9.8% year-on-year to ₹96 crore, from ₹88 crore. Earnings per share (EPS) came in at ₹4.29.
What is ELECON's market capitalisation and P/E ratio?
At the current price of ₹480.35, ELECON has a market capitalisation of ₹10,779 crore and a trailing P/E of about 44.1.
Who owns Elecon Engineering Company Limited? (shareholding pattern)
As of Sep 2026, promoters held 59.27%, foreign institutional investors (FIIs) 6.93%, domestic institutional investors (DIIs) 7.08%, the government 0.04%, public shareholders 26.68% of Elecon Engineering Company Limited.
TTM ends 2026-09-30. 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