Elecon Engineering Company Ltd
NSE:ELECON
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Operating Margin
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
Peer Comparison
| Country | Company | Market Cap |
Operating Margin |
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|---|---|---|---|---|---|
| IN |
|
Elecon Engineering Company Ltd
NSE:ELECON
|
87.9B INR |
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| US |
|
GE Vernova Inc
MIL:1GEV
|
209.2B EUR |
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| DE |
|
Siemens Energy AG
XETRA:ENR
|
128.5B EUR |
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| JP |
|
Mitsubishi Electric Corp
TSE:6503
|
11T JPY |
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| CN |
G
|
Goldwind Science & Technology Co Ltd
XMUN:CXGH
|
41B EUR |
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| KR |
|
Doosan Enerbility Co Ltd
KRX:034020
|
61.3T KRW |
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| US |
|
Bloom Energy Corp
NYSE:BE
|
37.8B USD |
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| CN |
|
NARI Technology Co Ltd
SSE:600406
|
208.8B CNY |
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| DK |
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Vestas Wind Systems A/S
CSE:VWS
|
184.7B DKK |
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| KR |
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Hyundai Electric & Energy Systems Co Ltd
KRX:267260
|
32.2T KRW |
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| CN |
D
|
Dongfang Electric Corp Ltd
SSE:600875
|
127.5B CNY |
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Market Distribution
| Min | -153 833.3% |
| 30th Percentile | 2.7% |
| Median | 7.3% |
| 70th Percentile | 13.2% |
| Max | 9 977% |
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
Operating Margin is calculated by dividing the Operating Income by the Revenue.
The current Operating Margin for Elecon Engineering Company Ltd is 19.2%, which is below its 3-year median of 21%.
Over the last 3 years, Elecon Engineering Company Ltd’s Operating Margin has increased from 18.6% to 19.2%. During this period, it reached a low of 18.6% on Dec 31, 2022 and a high of 22.4% on Mar 31, 2024.