Eimco Elecon (India) Ltd
NSE: EIMCOELECO · Industrial Products · sector
₹2,086.20NSE close 2026-10-26
Key numbers
Market cap₹1,203 cr
Price₹2,086.20
52w high / low₹2,475 / ₹1,406
P/E28.6xSector median 24.2x
P/B2.5xSector median 2.8x
Book value₹846.7
Dividend yield0.24%Sector median 0.50%
ROE9.0%Sector median 11.5%
ROCE11.3%Sector median 13.4%
OPM19.1%Sector median 10.3%
Debt / equity0.01xSector median 0.17x
EV/EBITDA23.9xSector median 16.7x
Interest cover57.9x
Current ratio3.53x
Sales growth 3y+10.1%Sector median +10.2%
Profit growth 3y+22.9%Sector median +12.8%
PEG1.25x
Last 12 months to Sep 2026, Standalone. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹15 cr vs borrowings ₹3 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 57.9x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 34% of net profit in the last 12 months.
- Debtor days went from 150 (FY24) to 115 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹2,086.20 on 2026-10-26: -15.7% from the 52-week high, +48.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹3,189.85 · low ₹1,430.95
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 46 | 64 | 68 | 33 | 63 | 67 | 78 | 57 |
| EBITDA | 8 | 18 | 12 | 5 | 12 | 13 | 14 | 11 |
| OPM % | 17.1% | 28.2% | 18.2% | 15.7% | 19.8% | 19.3% | 18.4% | 18.9% |
| Other income | 3 | 4 | 8 | 4 | 6 | -1 | 8 | 2 |
| Net profit | 6 | 15 | 14 | 5 | 13 | 6 | 15 | 8 |
| EPS (₹) | 10.73 | 25.78 | 25.11 | 9.28 | 21.70 | 11.03 | 26.66 | 13.58 |
| Revenue YoY | +37.6% | +4.0% | +14.7% | +70.9% | ||||
| Profit YoY | +102.3% | -57.2% | +6.2% | +46.4% |
Standalone figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 84 | 173 | 228 | 246 | 231 | 264 |
| EBITDA | 9 | 24 | 40 | 56 | 43 | 50 |
| Net profit | 9 | 21 | 40 | 49 | 39 | 42 |
| EPS (₹) | 14.77 | 36.18 | 70.06 | 84.78 | 67.11 | 72.97 |
| Revenue growth | +104.5% | +31.7% | +8.3% | -6.4% | +25.3% | |
| Profit growth | +145.0% | +93.6% | +21.0% | -20.9% | +2.9% | |
| Dividend / share (₹) | 5.00 | 2.50 | 5.00 | 5.00 | 5.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +10.1% | +12.9% | +25.3% |
| Net profit | +22.9% | +28.0% | +2.9% |
| EPS | +22.9% | +28.0% | – |
| Share price | – | -10.1% (2y) | +20.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 349 | 386 | 432 | 468 |
| Borrowings | – | 0 | 0 | 0 | 3 |
| Cash & equivalents | – | 3 | 15 | 36 | 15 |
| Total assets | – | 387 | 450 | 488 | 524 |
| Fixed assets | – | 62 | 58 | 57 | 64 |
| Capital work in progress | – | 1 | 0 | 1 | 2 |
| Investments | – | 165 | 173 | 192 | 191 |
| Receivables | – | 53 | 94 | 68 | 72 |
| Inventory | – | 79 | 86 | 112 | 109 |
| Payables | – | 18 | 27 | 16 | 18 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -11 | 7 | 12 | 33 | 22 |
| Cash from investing | 8 | -5 | -2 | -36 | -22 |
| Cash from financing | -3 | -2 | -4 | -4 | -1 |
| Capex | 2 | 3 | 5 | 6 | 61 |
| Free cash flow | -13 | 4 | 7 | 27 | -38 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 6.0% | 10.5% | 11.3% | 8.3% |
| ROCE % | – | 7.7% | 13.2% | 15.3% | 10.9% |
| Debtor days | – | 112 | 150 | 101 | 115 |
| Inventory days | – | 320 | 270 | 387 | 400 |
| Payable days | – | 74 | 86 | 56 | 65 |
| Cash conversion cycle (days) | – | 358 | 334 | 432 | 450 |
| Working capital days | – | 236 | 230 | 260 | 252 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 48.96% |
| FIIs | 1.30% |
| DIIs | 1.08% |
| Public (non-institutions) | 48.67% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 73.64% | 73.64% | 73.64% | 48.96% | 48.96% | 48.96% | 48.96% | 48.96% |
| Promoter group | % |
|---|---|
| Aakaaish Investments Private Limited | 24.91% |
| Elecon Engineering Company Limited | 16.62% |
| K B Investments Private Limited | 6.74% |
| Prayasvin Patel | 0.31% |
| Power Build Private Limited | 0.28% |
| Tarunaben Patel | 0.09% |
| Prashant C Amin | 0.02% |
| Prayas Engineering Ltd. | 0.00% |
| Emtici Engineering Limited | 0.00% |
| Elecon Information Technology Limited | 0.00% |
| Akaaish Mechatronics Limited | 0.00% |
| Lotus Trust | 0.00% |
| Public holders above 1% | % |
|---|---|
| Kedia Securities Private Limited | 1.45% |
| Openxcell Technolabs Private Limited | 1.03% |
| Anil L Shah | 1.02% |
17,139 shareholders. Pledged: 0.00% of promoter shares.
Peers in Industrial Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| INDOMIM | ₹52,085 cr | – | – | – | – | – | – | – |
| CPPLUS | ₹45,577 cr | 94.7x | 24.3x | 25.5% | 33.3% | 14.5% | – | 0.04% |
| SYRMA | ₹28,803 cr | 77.7x | 10.1x | 17.4% | 17.6% | 11.1% | +33.0% | 0.10% |
| HONAUT | ₹27,500 cr | 50.1x | 6.2x | 13.0% | 16.9% | 13.3% | +10.7% | 0.34% |
| KAYNES | ₹22,167 cr | 64.0x | 4.7x | 9.1% | 11.1% | 15.5% | +47.7% | – |
| JYOTICNC | ₹20,523 cr | 63.8x | 10.3x | 17.4% | 18.5% | 24.4% | – | – |
| LMW | ₹17,267 cr | 84.2x | 5.7x | 7.0% | 9.3% | 7.1% | -12.1% | 0.19% |
| TEGA | ₹12,752 cr | 447.9x | 3.7x | 0.9% | 4.5% | 7.5% | +11.7% | 0.11% |
| LLOYDSENGG | ₹12,248 cr | 48.1x | 7.3x | 14.1% | 15.1% | 14.2% | +60.9% | 0.27% |
| EIMCOELECO | ₹1,203 cr | 28.6x | 2.5x | 9.0% | 11.3% | 19.1% | +10.1% | 0.24% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-12 | Dividend | Dividend - Rs 4 Per Share |
| 2025-06-13 | Dividend | Dividend - Rs 5 Per Share |
| 2024-06-14 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share |
| 2023-06-16 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share |
| 2022-06-16 | Dividend | Annual General Meeting/Dividend - Rs 2.5 Per Share |
| 2021-07-22 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share |
| 2020-07-31 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share |
| 2019-07-17 | Dividend | Annual General Meeting/Dividend - Rs 7 Per Share |
| 2018-07-23 | Dividend | Dividend- Rs 5 Per Share |
| 2017-07-25 | Dividend | Dividend - Rs.5 Per Share |
| 2016-07-15 | Dividend | Dividend - Rs 5/- Per Share |
| 2015-08-03 | Dividend | Annual General Meeting/ Dividend - Rs 5/- Per Share |
| 2014-07-25 | Dividend | Annual General Meeting / Final Dividend Rs.4/- Per Equity Share |
| 2013-07-18 | Dividend | Annual General Meeting / Final Dividend Rs.4/- Per Equity Share |
| 2012-07-18 | Dividend | Annual General Meeting/Dividend Rs 4 Per Share |
| 2011-07-15 | Dividend | Dividend-Rs.4/- Per Share |
| 2010-06-29 | Dividend | Dividend-Rs.4/- Per Share |
| 2009-06-29 | Other | Agm/Div-Rs.4/- Per Share |
| 2008-07-11 | Dividend | Agm/Dividend - 40% |
| 2007-07-03 | Dividend | Agm/Dividend-35% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Industrial Products |
| Sub-industry | Industrial Products |
| Symbol | EIMCOELECO |
| BSE code | 523708 |
| ISIN | INE158B01016 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.