EIMCOELECOIndustrials

Eimco Elecon (India) Limited

Industrial Products · ISIN INE158B01016 · BSE 523708 · NSE EQ · FV ₹10
Last price
₹2,247
-1.30%today
What this company does

Eimco Elecon (India) Limited operates in Industrial Products, part of the Industrials sector. It booked ₹84 cr of revenue in its latest quarter (Q4 FY24) and kept 17.6% of sales as profit.

In the report:
75out of 100
Equitytale Health Score
Solid

Healthier than 75% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
59

At close. Not part of the score.

Profitability & returns75

How much profit it earns on the money it employs

Balance sheet91

How much it owes, and whether earnings cover the interest

Cash quality52

Whether reported profit actually arrives as cash

Growth & consistency88

Whether sales and profit have grown, and how steadily

Valuation47

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 18% net margin
Sales up 31% vs last year
Profit up 51% vs last year
Promoters hold 49%
No promoter shares pledged
Strong 15% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in EIMCOELECO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 4% a year, it would become
₹14.72 lakh

The slider starts at 4%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹2,247 -1.30%
latest close · 2026-09-17
1-year return
+435.1%
52-wk low ₹29652-wk high ₹2,349
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio21.8Average
LowAverageHigh
P/B ratio3.36High
Below bookModerateHigh
EV / EBITDA15.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity15.4%Strong
WeakFairStrong ▸15%
Return on capital19.8%Strong
WeakFairStrong
Net margin17.6%Strong
ThinDecentStrong
EBITDA margin25.4%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover65.3×Strong
RiskyOkayStrong ▸5×
Current ratio3.45Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,296 cr
Book value
₹669
EPS
₹25.72
latest quarter
Net debt
₹-7 cr
more cash than debt
Enterprise value
₹1,289 cr
EBITDA
₹86 cr
annualised
EBIT
₹77 cr
annualised
Operating margin
22.9%
Return on assets
13.2%
Earnings yield
4.58%
P/S
3.84
Sales / share
₹584.6
Tax rate
22.1%
Face value
₹10
Shares
0.6 cr
Working capital
₹144 cr
Current assets
₹202 cr
Current liabilities
₹59 cr
Delivery %
49.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹201₹253, midpoint ₹227

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q4 FY24 (consolidated)
Revenue from Operations₹84 cr
Other Income₹5 cr
Total Income₹89 cr
Cost of Materials₹32 cr
Purchases of Stock-in-Trade₹10 cr
Inventory Change (±)₹2 cr
Employee Benefit Expense₹5 cr
Finance Costs₹29.6 L
Depreciation & Amortisation₹2 cr
Other Expenses₹18 cr
Total Expenses₹70 cr
Profit before Tax₹19 cr
Tax Expense₹4 cr
Net Profit₹15 cr
Net margin on total income16.7%
Where the money goes · Q4 FY24
% of total income
Materials + stock-in-trade₹45 cr50.4%
Employee benefit expense₹5 cr5.6%
Finance costs₹29.6 L0.3%
Depreciation & amortisation₹2 cr2.3%
Other expenses₹18 cr20.0%
Tax expense₹4 cr4.7%
Profit for the period₹15 cr16.7%
Total income ₹89 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ2 FY24Q3 FY24Q4 FY24
Revenue51 cr48 cr84 cr
Total income54 cr52 cr89 cr
Expenses40 cr43 cr70 cr
Profit before tax14 cr10 cr19 cr
Tax3 cr2 cr4 cr
Net profit (owners' share)11 cr8 cr15 cr
Net margin (owners' share, on revenue)21.1%15.6%17.6%
EPS (₹)18.7213.0825.72
YoY (latest quarter): total income +33.6% · net profit +51.2%
Balance sheet & cash flow · as of Mar 2024
Debt-free
Total assets
₹450 cr
Shareholder equity
₹386 cr
parent shareholders
Total debt
₹40.8 L
Cash
₹8 cr
Cash flow · FY24
Operating
₹12 cr
Investing
₹-2 cr
Financing
₹-4 cr
Peer comparison
Industrial Products · by market value
CompanyPriceMarket capP/E
INDO-MIM Limited₹993₹48,086 cr50.1
Aditya Infotech Limited₹3,378₹39,814 cr70.0
Syrma SGS Technology Limited₹1,618₹31,158 cr77.9
Honeywell Automation India Limited₹33,915₹29,845 cr49.7
Kaynes Technology India Limited₹3,520₹23,596 cr104.5
Jyoti CNC Automation Limited₹981₹22,305 cr97.7
LMW Limited₹18,170₹19,406 cr87.4
Tega Industries Limited₹1,920₹14,425 cr
LLOYDS ENGINEERING WORKS LIMITED₹80₹11,801 cr42.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.18%
trailing 12 months
Dividend / share (TTM)
₹4
Last dividend
₹4
ex 12 Jun 2026
ActionDetailEx-date
Dividend₹4 / share12 Jun 2026
Dividend₹5 / share13 Jun 2025
Dividend₹5 / share14 Jun 2024
Dividend₹5 / share16 Jun 2023
Dividend₹2.5 / share16 Jun 2022
Dividend₹5 / share22 Jul 2021
Who owns it · 2026-06-30
No pledge
Promoter
49.0%
FII / Foreign
3.3%
DII / Domestic
1.0%
Retail / others
46.8%
Promoter stake down 25.1% over the last 12 quarters.
Smart-money activity
Insider trades
SoldTamrock Great Britain Holdings Limited · Promoter Group10,000 · ₹2.2 cr19 Dec 24
SoldTamrock Great Britain Holdings Limited · Promoter Group9,000 · ₹2.2 cr17 Dec 24
SoldTamrock Great Britain Holdings Limited · Promoter Group5,000 · ₹1.2 cr13 Dec 24
Bulk / block deals
SoldAEGIS INVESTMENT FUND · NSE37,324 @ ₹2,159.7417 Aug 26
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE33,150 @ ₹1,787.0722 Jun 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE33,150 @ ₹1,788.1722 Jun 26
Stake changes
SoldTamrock Great Britain Holdings ltd · promoter→ 0.00% · 14.24 L25 Sep 25
SoldSBICAP Trustee Company Limited→ 0.00% · 2.00 L17 May 23
DisposalK B INVESTMENTS PRIVATE LIMITED · promoter→ 6.73%10 May 22
Promoter pledges
ReleasedSBICAP Trustee Company Ltd2.00 L · 3.47% held17 May 23
PledgedSBICAP Trustee Company Limited in favour of Consortium Banks lead by State Bank of India1.00 L · 9.98% held4 Oct 19
PledgedSBICAP Trustee Company limited in favour of Consortium Banks lead by State bank of India1.00 L · 9.98% held4 Oct 19
What shareholders were asked to approve
3 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 27 Dec 2025
See the official result
1
Adoption of new set of Memorandum of Association of the Company as per the Companies Act, 2013.
Backed by 100% of shareholders other than promotersneeded 75%
58,299 votes for, 126 against · 0% of mutual funds and other big investors said no
2
Alteration of Objects clause in Memorandum of Association of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
58,299 votes for, 126 against · 0% of mutual funds and other big investors said no
3
Re-classification of Tamrock Great Britain Holdings Limited forming part of the “Promoter Group Category” into “Public Category”.
Backed by 100% of shareholders other than promotersneeded 50%
58,299 votes for, 126 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 12 named members
owning 49.0% between them · as of 2026-06-30
AAKAAISH INVESTMENTS PRIVATE LIMITED24.91%
ELECON ENGINEERING COMPANY LIMITED16.62%
K B INVESTMENTS PRIVATE LIMITED6.74%
PRAYASVIN PATEL0.31%
POWER BUILD PRIVATE LIMITED0.28%
TARUNABEN PATEL0.09%
PRASHANT C AMIN0.02%
AKAAISH MECHATRONICS LIMITEDno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.