Elecon Engineering Company Limited

ELECON · General/Diversified · NSE

₹407

Current Market Price

Fairly valued

Fair Value (DCF)

₹430

Margin of Safety

+5.7%

Updated 1d ago

DCF Sensitivity →

YieldIQ Score

54/100

Piotroski F-Score

7/9

Economic Moat

Narrow

Confidence

44%

ROE

14.8%

Debt/Equity

0.00

WACC

9.8%

Market Cap

₹9,122 Cr

Quality & Valuation

Neutral model outputs — no recommendations.

ROCE

18.7%

Return on capital employed

EV / EBITDA

14.2×

Enterprise multiple

Debt / EBITDA

0.4×

Leverage vs earnings

Interest Coverage

19.2×

EBIT covers interest

Current Ratio

2.94×

Short-term liquidity

Asset Turnover

0.80×

Revenue per ₹ of assets

Revenue CAGR (3Y)

3-year revenue growth

Revenue CAGR (5Y)

16.5%

5-year revenue growth

DCF Scenario Analysis

vs CMP ₹406.5

Bear case

₹250.14

MoS -62.5%

Base case

₹429.71

MoS +5.4%

Bull case

₹575.09

MoS +29.3%

Ratio Trends

ELECON · last 9 annual periods

ROE

14.8%

min 5.3%max 20.8%

ROCE

22.6%

min 6.8%max 28.0%

Operating Margin

min max

Debt / Equity

0.12×

min 0.09×max 0.12×

PE

23.3×

min 23.0×max 126.2×

EV / EBITDA

13.8×

min 13.8×max 23.8×

Historical Financials

ELECON · Annual, last 5 years· amounts in ₹Cr unless noted

Metric20222023202420252026CAGR
Revenue₹1204 Cr₹425 Cr₹565 Cr₹2227 Cr₹2366 Cr+18.4%
EBITDA₹250 Cr₹357 Cr₹523 Cr₹611 Cr₹584 Cr+23.6%
EBIT₹206 Cr₹87.1 Cr₹136 Cr-9.9%
PAT₹140 Cr₹67.9 Cr₹104 Cr₹415 Cr₹341 Cr+24.8%
EPS (diluted)₹12.52₹6.06₹9.24-7.3%
CFO₹250 Cr₹310 Cr₹365 Cr₹425 Cr₹314 Cr+5.9%
CapEx₹-66.0 Cr₹-120 Cr
FCF₹359 Cr₹195 Cr-14.2%
Total Assets₹1718 Cr₹1732 Cr₹2124 Cr₹2729 Cr₹3234 Cr+17.1%
Total Debt₹0.0 Cr₹0.0 Cr₹181 Cr₹273 Cr
Shareholders' Equity₹1279 Cr₹1604 Cr₹1999 Cr₹2306 Cr+15.9%

CAGR computed across the visible window. Signs reverse if start value is zero or negative.

Peer Comparison

ELECON vs 5 closest peers by market-cap band

PeerMoSScoreVerdictROEPE
LLOYDSENGG

LLOYDS ENGG WORK LIMITED

-61.6%50Data Limited15.5%
VESUVIUS

VESUVIUS

Pending15.9%
KIRLPNU

KIRLOSKAR PNEUMATIC COM L

-41.5%53Overvalued19.0%
DIACABS

DIAMOND POWER INFRA LTD

+0.0%33Fairly valued-3.9%
ISGEC

ISGEC HEAVY ENG LTD

-1.8%57Fairly valued8.7%

Click a ticker to view its fair-value analysis.

Dividend History

No dividend events recorded for ELECON in the last 10 years.

AI Analysis Summary

Elecon Engineering trades close to its fair value of 429.71, with a standout strength in its high interest coverage of 19.2x, but a concern is its narrow moat.

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Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.