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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: 354.75 INR -4.71% Market Closed
Market Cap: ₹79.6B

ROE

24.1%
Current
Improving
by 0.1%
vs 3-y average of 24%

Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.

ROE
24.1%
=
Net Income
₹4.8B
/
Avg Total Equity
₹20B

Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.

ROE
24.1%
=
Net Income
₹4.8B
/
Avg Total Equity
₹20B

Peer Comparison

Market Distribution

Higher than 87% of companies in India
Percentile
87th
Based on 4 158 companies
87th percentile
24.1%
Low
-3 688.9% — 5.1%
Typical Range
5.1% — 16%
High
16% — 7 187.1%
Distribution Statistics
India
Min -3 688.9%
30th Percentile 5.1%
Median 11.1%
70th Percentile 16%
Max 7 187.1%

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 24%
Intrinsic Value
Price ₹354.75
What is Return on Equity?
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
How is ROE calculated?

ROE is calculated by dividing the Net Income by the Avg Total Equity.

ROE
24.1%
=
Net Income
₹4.8B
/
Avg Total Equity
₹20B
What is Elecon Engineering Company Ltd's current ROE?

The current ROE for Elecon Engineering Company Ltd is 24.1%, which is above its 3-year median of 24%.

How has ROE changed over time?

Over the last 3 years, Elecon Engineering Company Ltd’s ROE has increased from 20.5% to 24.1%. During this period, it reached a low of 20.4% on Mar 31, 2023 and a high of 28.7% on Jun 30, 2025.

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