Elecon Engineering Company Ltd
NSE:ELECON
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| IN |
|
Elecon Engineering Company Ltd
NSE:ELECON
|
90.5B INR |
Loading...
|
|
| US |
|
GE Vernova Inc
MIL:1GEV
|
195.7B EUR |
Loading...
|
|
| DE |
|
Siemens Energy AG
XETRA:ENR
|
136.5B EUR |
Loading...
|
|
| JP |
|
Mitsubishi Electric Corp
TSE:6503
|
12.3T JPY |
Loading...
|
|
| CN |
G
|
Goldwind Science & Technology Co Ltd
XMUN:CXGH
|
45.3B EUR |
Loading...
|
|
| KR |
|
Doosan Enerbility Co Ltd
KRX:034020
|
68.1T KRW |
Loading...
|
|
| US |
|
Bloom Energy Corp
NYSE:BE
|
43.6B USD |
Loading...
|
|
| CN |
|
NARI Technology Co Ltd
SSE:600406
|
228B CNY |
Loading...
|
|
| DK |
|
Vestas Wind Systems A/S
CSE:VWS
|
159.4B DKK |
Loading...
|
|
| KR |
|
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
|
36T KRW |
Loading...
|
|
| CN |
|
Shanghai Electric Group Co Ltd
SSE:601727
|
138.8B CNY |
Loading...
|
Market Distribution
| Min | -3 052.3% |
| 30th Percentile | 26.9% |
| Median | 39% |
| 70th Percentile | 53.3% |
| Max | 8 269.1% |
Other Profitability Ratios
Elecon Engineering Company Ltd
Glance View
Elecon Engineering Company Ltd. traces its origins to a post-independence India longing for industrial prowess. Founded in 1951, the company initially embarked on a journey into manufacturing cutting-edge transmission equipment. Over the years, Elecon evolved into a powerhouse of mechanical engineering, gradually expanding its horizons into material handling, elevators, and escalators. The heartbeat of Elecon's operations pulsates in the intricately designed gearboxes and material handling solutions that form its core offerings. With a solid grounding in engineering excellence, it forges complex machinery that channels raw materials and goods within industries, crucial for sectors spanning from steel to cement and fertilizers to power generation. Elecon's profitability stems from its expertise in engineering and precision manufacturing, thriving on projects that require substantial customization and innovation. It has carved a niche in crafting tailored solutions, thus commanding a loyal clientele who seek bespoke machinery to drive their operations. Through a meticulous design and manufacturing process, Elecon ensures that each product not only meets but often exceeds the high standards of durability and efficiency demanded by its clients. By delivering value through these bespoke systems and maintaining a robust after-sales service network, Elecon solidifies its revenue stream, positioning itself as a vital cog in the industrial supply chain. Pursuing geographical expansion and continuous technological upgrades, the company stays aligned with the evolving landscape of industrial mechanics and logistics, ensuring sustained growth and resilience in a competitive market.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Elecon Engineering Company Ltd is 45.5%, which is below its 3-year median of 46.6%.
Over the last 3 years, Elecon Engineering Company Ltd’s Gross Margin has decreased from 46.7% to 45.5%. During this period, it reached a low of 45.3% on Mar 31, 2023 and a high of 48.3% on Dec 31, 2024.