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Elecon Engineering Company Ltd
NSE:ELECON

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Elecon Engineering Company Ltd
NSE:ELECON
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Price: 404.15 INR -2.81% Market Closed
Market Cap: ₹90.7B

Gross Margin

45.5%
Current
Declining
by 1.2%
vs 3-y average of 46.6%

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
45.5%
=
Gross Profit
₹11B
/
Revenue
₹24.2B

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
45.5%
=
Gross Profit
₹11B
/
Revenue
₹24.2B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Elecon Engineering Company Ltd
NSE:ELECON
90.5B INR
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US
GE Vernova Inc
MIL:1GEV
195.7B EUR
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DE
Siemens Energy AG
XETRA:ENR
136.5B EUR
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JP
Mitsubishi Electric Corp
TSE:6503
12.3T JPY
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CN
Goldwind Science & Technology Co Ltd
XMUN:CXGH
45.3B EUR
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KR
Doosan Enerbility Co Ltd
KRX:034020
68.1T KRW
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US
Bloom Energy Corp
NYSE:BE
43.6B USD
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CN
NARI Technology Co Ltd
SSE:600406
228B CNY
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DK
Vestas Wind Systems A/S
CSE:VWS
159.4B DKK
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KR
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
36T KRW
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CN
Shanghai Electric Group Co Ltd
SSE:601727
138.8B CNY
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Market Distribution

In line with most companies in India
Percentile
60th
Based on 4 996 companies
60th percentile
45.5%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

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.

ELECON Intrinsic Value
466.25 INR
Undervaluation 13%
Intrinsic Value
Price
What is 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.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
45.5%
=
Gross Profit
₹11B
/
Revenue
₹24.2B
What is Elecon Engineering Company Ltd's current Gross Margin?

The current Gross Margin for Elecon Engineering Company Ltd is 45.5%, which is below its 3-year median of 46.6%.

How has Gross Margin changed over time?

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.

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