



Capital Goods | Small Cap
Eimco Elecon (India) Ltd demonstrates exceptional financial health, primarily driven by its phenomenal growth and robust profitability. The company is experiencing a very strong expansion in sales and profits, indicating high demand for its products. A major strength is its virtually debt-free status, which provides immense financial stability and minimizes risk. This allows profits to be retained or returned to shareholders rather than servicing debt. However, the company's primary challenge lies in its operational efficiency. It appears to be slow in selling its inventory and collecting payments from customers, which can tie up cash. Despite this, its overall financial standing is strong, buoyed by high profitability margins and a solid ability to meet short-term obligations. The future outlook appears positive due to the powerful growth trajectory, although its performance is tied to how well it manages its operational assets.
Eimco Elecon (India) Ltd demonstrates exceptional financial health, primarily driven by its phenomenal growth and robust profitability. The company is experiencing a very strong expansion in sales and profits, indicating high demand for its products. A major strength is its virtually debt-free status, which provides immense financial stability and minimizes risk. This allows profits to be retained or returned to shareholders rather than servicing debt. However, the company's primary challenge lies in its operational efficiency. It appears to be slow in selling its inventory and collecting payments from customers, which can tie up cash. Despite this, its overall financial standing is strong, buoyed by high profitability margins and a solid ability to meet short-term obligations. The future outlook appears positive due to the powerful growth trajectory, although its performance is tied to how well it manages its operational assets.
Overall Valuation Score
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P/E RATIO (TTM)
32.68
Industry Median
32.15
Small Cap Median
31.48
P/E RATIO
32.82
P/B RATIO
3.28
Industry Median
3.71
Small Cap Median
3.46
P/S RATIO
5.58
Industry Median
2.05
Small Cap Median
1.94
Others
PEG RATIO
3.10
EV/EBITDA RATIO
22.57
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹2193.4 as on Sep 1, 2026.
The company is demonstrating an exceptional and powerful growth trajectory. It is expanding at a very rapid pace across all key areas, including a massive increase in revenues and even faster growth in profits. This indicates strong market demand for its products and services, as well as successful execution of its business strategy. This phenomenal growth is a major strength and a very positive sign for its future prospects, suggesting a strong competitive position in its industry.
| Growth Ratios | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Revenue Growth Rate | -41.62 | 16.67 | -33.33 | 105.95 | 31.79 |
| Operating Profit Growth Rate | -76 | 83.33 | -18.18 | 166.67 | 66.67 |
| Earnings Per Share (EPS) Growth | -59.05 | 18.84 | -23.02 | 124.85 | 97.49 |
| Asset Growth Rate | 0 | 4.82 | -1.08 | 6.28 | 15.68 |
| Net Income Growth Rate | -60.87 | 22.22 | -18.18 | 122.22 | 95 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Eimco Elecon (India) Ltd | 8.08 | 32.82 | Overvalued | 40.00 | 67.11 | 39.00 |
| 2 | Mazda Ltd | 7.26 | 18.44 | Neutral | 34.00 | 13.74 | 28.00 |
| 3 | Megatherm Induction Ltd | 7.23 | 17.21 | Neutral | 33.00 | 12.57 | 24.00 |
| 4 | Kabra Extrusion Technik Ltd | 7.17 | -376.23 | Neutral | 10.00 | -0.70 | -5.00 |
| 5 | Macpower CNC Machines Ltd | 6.07 | 56.45 | Neutral | 54.00 | 33.86 | 34.00 |
| 6 | Gujarat Apollo Industries Ltd | 5.75 | 307.76 | Neutral | -10.76 | 1.65 | 5.95 |
| 7 | Walchandnagar Industries Ltd | 4.46 | -97.23 | Neutral | 16.00 | -2.16 | -12.00 |
| 8 | BATLIBOI | N/A | N/A | N/A | N/A | N/A | N/A |
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Overall Score
Strong Bearish
Bearish
Neutral
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Strong Bullish
Bearish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
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Volume Score
Strong Bearish
Bearish
Neutral
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Strong Bullish
Neutral
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
Quarterly Report⬤14th Apr 26
Audited Financial Results – Q4 & FY Ended 31 March 2026
UNDEFINED SENTIMENT
No Stock News Available at This Moment.
Eimco Elecon (India) Ltd is a prominent manufacturer of mining and construction equipment, specializing in Load Haul Dumpers (LHDs), Side Dump Loaders (SDLs), and excavators. It serves both underground and open cast mining sectors, holding a significant market position in specialized heavy machinery.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Eimco Elecon (India) Ltd's P/E ratio (TTM) is 32.68, compared to the industry median of 32.15 and large cap median of 31.48.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Eimco Elecon (India) Ltd's P/B ratio is 3.28, compared to the industry median of 3.71 and large cap median of 3.46.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Eimco Elecon (India) Ltd's P/S ratio is 5.58, compared to the industry median of 2.05 and large cap median of 1.94.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Eimco Elecon (India) Ltd's PEG ratio is 3.10.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Eimco Elecon (India) Ltd's EV/EBITDA ratio is 22.57.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Eimco Elecon (India) Ltd's ROE is 10.10%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Eimco Elecon (India) Ltd's ROA is 8.89%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Eimco Elecon (India) Ltd's ROCE is 13%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Eimco Elecon (India) Ltd's operating margin is 17.54%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Eimco Elecon (India) Ltd's net margin is 17.11%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Eimco Elecon (India) Ltd's current ratio is 3.08.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Eimco Elecon (India) Ltd's debt-to-equity ratio is 0.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Eimco Elecon (India) Ltd's interest coverage ratio is 49.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Eimco Elecon (India) Ltd's DPS is ₹4.68.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Eimco Elecon (India) Ltd's EPS is 97.49.
(Source line: "Ratios as of 22 Oct 2026, based on last traded price of ₹2193.40. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1974
Headquarters: Vallabh Vidyanagar, Gujarat
Core Offerings: Load Haul Dumpers (LHDs), Side Discharge Loaders (SDLs), Rocker Shovel Loaders, Hydraulic Excavators, Dozers
Stock Listing: NSE (EIMCOELECO), BSE (523708)
Promoter: Elecon Engineering Company Limited (Elecon Group)
Incorporated in 1974 through a collaboration with Eimco Corporation, USA, Eimco Elecon (India) Ltd began manufacturing specialized mining equipment. Over the decades, it has established itself as a key domestic player, innovating and indigenizing its product lines to cater to the diverse needs of coal, metal, and civil construction industries across India.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Mining Equipment | N/A (not reported separately) | N/A (not reported separately) |
| Construction Equipment | N/A (not reported separately) | N/A (not reported separately) |
Mining Equipment: Manufactures and supplies specialized machinery for underground and surface mining, including Load Haul Dumpers (LHDs), Side Discharge Loaders (SDLs), Rocker Shovel Loaders, and drilling solutions, critical for resource extraction.
Construction Equipment: Offers a range of heavy construction machinery such as hydraulic excavators, wheel loaders, and dozers, designed for infrastructure development, material handling, and open-cast mining applications.
Mr. Prayasvin B. Patel (Chairman & Managing Director): A seasoned industrialist with extensive experience in the engineering and manufacturing sectors, providing strategic vision and leadership to the company. Mr. Kartik P. Patel (Whole-time Director & CEO): Responsible for the company's operational excellence, business growth, and market expansion initiatives.
No major subsidiaries reported.
No major recent corporate actions on record.
The Eimco Elecon (India) Ltd share price today is ₹2193.40 on NSE (EIMCOELECO), as of 23 Oct 2026.
As of 22 Oct 2026, Eimco Elecon (India) Ltd share price is ₹2193.40, with previous close ₹2193.40. Today's range is ₹2193.40 to ₹2193.40. The 52-week range is ₹1405.50 to ₹2475.
As of today, Eimco Elecon (India) Ltd's market cap is ₹1,272.17 crore (Small Cap).
Eimco Elecon (India) Ltd's current P/E ratio is 32.68, compared to the GENERAL INDUSTRIALS sector average of 52.
Eimco Elecon (India) Ltd's current P/B ratio is 3.28.
Eimco Elecon (India) Ltd's current dividend yield is 0.21%. Last dividend of ₹1.50 per share was declared on 24-May-2024.
Eimco Elecon (India) Ltd's EPS (TTM) is ₹97.49.
Eimco Elecon (India) Ltd is a prominent manufacturer of mining and construction equipment, specializing in Load Haul Dumpers (LHDs), Side Dump Loaders (SDLs), and excavators. It serves both underground and open cast mining sectors, holding a significant market position in specialized heavy machinery.
Eimco Elecon (India) Ltd is promoted by Elecon Engineering Company Limited (Elecon Group), holding 48.96% as of 22 Oct 2026.
Eimco Elecon (India) Ltd is listed on NSE (EIMCOELECO) and BSE (523708). Its next quarterly results are expected on August 2024.