Elecon Engineering Company Ltd
NSE:ELECON

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Elecon Engineering Company Ltd Logo
Elecon Engineering Company Ltd
NSE:ELECON
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Price: 454.5 INR 1.67% Market Closed
Market Cap: ₹102B

Net Margin

19.9%
Current
Improving
by 1.3%
vs 3-y average of 18.6%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
19.9%
=
Net Income
₹4.8B
/
Revenue
₹24.2B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
19.9%
=
Net Income
₹4.8B
/
Revenue
₹24.2B

Peer Comparison

Country Company Market Cap Net
Margin
IN
Elecon Engineering Company Ltd
NSE:ELECON
102.1B INR
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US
GE Vernova Inc
MIL:1GEV
180B EUR
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DE
Siemens Energy AG
XETRA:ENR
131.8B EUR
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JP
Mitsubishi Electric Corp
TSE:6503
11T JPY
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CN
Goldwind Science & Technology Co Ltd
XMUN:CXGH
42.2B EUR
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KR
Doosan Enerbility Co Ltd
KRX:034020
61.4T KRW
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US
Bloom Energy Corp
NYSE:BE
32.5B USD
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DK
Vestas Wind Systems A/S
CSE:VWS
199.8B DKK
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CN
NARI Technology Co Ltd
SSE:600406
205.9B CNY
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KR
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
32.8T KRW
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CN
Shanghai Electric Group Co Ltd
SSE:601727
135.8B CNY
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Market Distribution

Higher than 84% of companies in India
Percentile
84rd
Based on 5 531 companies
84rd percentile
19.9%
Low
-305 007.7% — 2.1%
Typical Range
2.1% — 11.6%
High
11.6% — 1 221 633.3%
Distribution Statistics
India
Min -305 007.7%
30th Percentile 2.1%
Median 5.8%
70th Percentile 11.6%
Max 1 221 633.3%

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
HIDDEN
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What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
19.9%
=
Net Income
₹4.8B
/
Revenue
₹24.2B
What is Elecon Engineering Company Ltd's current Net Margin?

The current Net Margin for Elecon Engineering Company Ltd is 19.9%, which is above its 3-year median of 18.6%.

How has Net Margin changed over time?

Over the last 3 years, Elecon Engineering Company Ltd’s Net Margin has increased from 15% to 19.9%. During this period, it reached a low of 15% on Dec 1, 2022 and a high of 22.2% on Jun 30, 2025.

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