Eimco Elecon (India)

Anand, India Founded: 1974 • Age: 52 yrs Listed
Manufacturer and supplier of mining and construction equipment

About Eimco Elecon (India)

Eimco Elecon (India) is a publicly listed company based in Anand (India) founded in 1974. Manufacturer and supplier of mining and construction equipment. The company has 123 employees. Its website eimcoelecon.in draws about 21 thousand monthly visits. Its Indian entity Eimco Elecon (India ) Limited reported revenue of β‚Ή248 Cr. Eimco Elecon (India) offers products and services including Load Haul Dumper, Side Dump Loader, Coal Hauler, Articulated Wheel Loader, and Universal Drill Machine. Its focus areas include Real Estate and Construction, Construction Equipment and Machinery and Construction Equipments.

Company details

Eimco Elecon (India) was established in 1974 in Anand, India, focusing on the mining and construction equipment sector. Equipment for mining operations and construction projects is produced and distributed through its facilities. Leadership is provided by Managing Director and Chairman Prayasvin B Patel, alongside Managing Director Bhanubhai I Patel. Operations are centered in India, serving domestic and regional needs in heavy machinery supply.

  • Headquarters Anand, India
  • Employees 123
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Website eimcoelecon.in
  • Legal Name Eimco Elecon (India) Ltd.
Key Metrics
  • Market Cap
    ₹1,236 Cr

    EIMCOELECO · NSE

  • Share Price
    ₹2,192.00

    +2.32% today

  • Revenue
    ₹228 Cr

    FY 2023-24 · +31.7% YoY

  • EBITDA
    ₹39.94 Cr

    Margin 17.6%

  • Net Profit
    ₹38.32 Cr

    FY 2023-24 · +95.8% YoY

  • P/E (TTM)
    24.4x

    P/B 2.4x

  • Employee Count
    123

Products & Services of Eimco Elecon (India)

Eimco Elecon (India) offers a comprehensive portfolio of products and services, including Load Haul Dumper, Side Dump Loader, Coal Hauler, Articulated Wheel Loader, and Universal Drill Machine.

Load Haul Dumper
Mining Equipment

Hauls materials in underground mining operations efficiently.

Side Dump Loader
Mining Equipment

Loads and dumps materials for coal mining applications.

Coal Hauler
Mining Equipment

Transports coal in mining environments.

Articulated Wheel Loader
Construction Equipment

Handles materials in construction sites.

Universal Drill Machine
Mining Equipment

Drills for mining and construction tasks.

Board of directors of Eimco Elecon (India ) Limited (Eimco Elecon (India))

Eimco Elecon (India ) Limited is the primary company behind Eimco Elecon (India). The boards of the 2 registered companies of Eimco Elecon (India) currently have 10 directors; the longest-serving is Pradip Manubhai Patel, appointed in 1996. 32 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Pradip Manubhai Patel
DIN 00012138
Director11 Jan 199630 yrs 9 moEimco Elecon (India ) Limited
Prashant Chandrakant Amin
DIN 01056652
Director25 Oct 200719 yrsEimco Elecon (India ) Limited
Dineshbhai Manubhai Patel
DIN 00076905
Director24 Oct 201313 yrsEimco Elecon Electricals Limited
Prayasvin Patel
DIN 00037394
Whole-time director09 Nov 20169 yrs 11 moEimco Elecon (India ) Limited, Eimco Elecon Electricals Limited
Ravin Ramanlal Shah
DIN 00077733
Director01 Jun 20206 yrs 4 moEimco Elecon Electricals Limited
Venkatraman Srinivasan
DIN 00246012
Director24 Apr 20233 yrs 6 moEimco Elecon (India ) Limited
Jai Shishir Diwanji
DIN 00910410
Director01 Apr 20242 yrs 6 moEimco Elecon (India ) Limited
Sunil Chinubhai Vakil
DIN 02527630
Director13 Sep 20242 yrs 1 moEimco Elecon (India ) Limited
Sonal Vimal Ambani
DIN 02404841
Director23 Apr 20251 yr 6 moEimco Elecon (India ) Limited
Kamlesh Nalin Shah
DIN 08629181
Whole-time director10 Sep 20251 yr 1 moEimco Elecon (India ) Limited

People of Eimco Elecon (India)

4 people are tracked at Eimco Elecon (India) (3 in leadership, 1 in team); the tracked headcount is 123.

NameRoleGroup
Managing Director & ChairmanLeadership
Bhanubhai I Patel
Managing DirectorLeadership
Non Executive Independent DirectorLeadership
ChairmanTeam
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IPO & Listings of Eimco Elecon (India)

Eimco Elecon (India) is a publicly listed company on the NSE with ticker symbol EIMCOELECO in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date17 May 2000
  • Listed onBSE: 523708
  • Listed entityEimco Elecon (India) Ltd.
  • Exchange sectorProducer manufacturing
  • ISININE158B01016
  • Share price₹2,454.20 (+9.59% on the day) · 2026-10-14
  • Market capitalisation₹1,297 Cr
  • Price to earnings33.6
  • EPS (diluted, trailing year)₹72.97
  • Dividend yield0.18%
  • Volume (last session)245,456

Financials of Eimco Elecon (India)

Exchange-reported figures of Eimco Elecon (India ) Limited, the listed company behind Eimco Elecon (India) (NSE: EIMCOELECO).

Financial Highlights

FY 2023-24 Β· Consolidated
Revenue
₹228 Cr
+31.7% YoY
EBITDA
₹39.94 Cr
+64.2% YoY
Profit After Tax
₹38.32 Cr
+95.8% YoY
Net Worth
₹386 Cr
+10.1% YoY
Total Assets
₹387 Cr
+10.0% YoY
Total Debt
₹0.41 Cr
-35.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Income statement
Revenue22817384.44126108185140
Revenue growth+31.7%+104.5%-33.1%+16.9%-41.6%+31.9%-
EBITDA39.9424.329.2010.865.8325.2215.19
EBITDA margin+17.6%+14.1%+10.9%+8.6%+5.4%+13.7%+10.8%
Profit before tax48.1025.1510.0214.2910.2630.3819.26
Net profit38.3219.578.6811.339.4523.1715.78
Net profit margin+16.8%+11.3%+10.3%+9.0%+8.8%+12.5%+11.3%
EPS (β‚Ή)66.8333.8515.0419.5516.4540.1728.21
Balance sheet
Total assets387352333329322316296
Net worth386351333327319314295
Total debt0.410.640.401.692.521.630.62
Cash & bank8.022.813.259.616.933.734.18
Net working capital13711210292.9279.6584.0776.74
Cash flow
Cash from operations-6.66(9.88)2.6311.4410.079.80
Cash from investing-(4.66)8.133.47(2.91)(8.02)(5.18)
Cash from financing-(2.43)(4.61)(3.42)(5.33)(2.51)(2.88)
ParticularsMar 2024Dec 2023Sep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022
Revenue84.3048.2551.1243.7864.2438.0936.8933.48
Revenue growth (YoY)+31.2%+26.7%+38.6%+30.8%+78.4%---
Other income4.714.103.234.572.422.973.580.19
EBITDA16.717.8912.812.4813.475.986.27(1.43)
EBITDA margin+19.8%+16.4%+25.1%+5.7%+21.0%+15.7%+17.0%-4.3%
Depreciation2.081.861.781.742.091.941.901.88
Interest0.300.320.160.170.130.230.050.08
Profit before tax19.049.8114.105.1413.676.787.90(3.20)
Tax4.212.253.30(0.22)3.861.871.81(1.91)
Net profit14.837.5610.805.369.814.916.09(1.29)
EPS (β‚Ή)25.7213.0818.729.3017.018.5110.57(2.25)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue23124622817384.44126108
Revenue growth-6.4%+8.3%+31.7%+104.5%-33.1%+16.9%-
EBITDA42.9856.1739.9424.329.2010.865.83
EBITDA margin+18.6%+22.8%+17.6%+14.1%+10.9%+8.6%+5.4%
Profit before tax50.3665.6249.9626.519.8614.2710.18
Net profit35.1248.2739.5320.938.5211.319.37
Net profit margin+15.2%+19.6%+17.4%+12.1%+10.1%+9.0%+8.7%
EPS (β‚Ή)67.1184.7870.0636.1814.7719.5116.31
Balance sheet
Total assets472432387350330326319
Net worth468432386349330324316
Total debt4.350.130.410.640.401.692.52
Cash & bank0.791.758.022.813.259.616.93
Net working capital14914113711210292.9279.65
Cash flow
Cash from operations22.1133.2811.596.66(9.88)2.6111.36
Cash from investing(21.79)(35.81)(2.27)(4.66)8.133.49(2.83)
Cash from financing(1.28)(3.73)(4.10)(2.43)(4.61)(3.42)(5.33)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue56.8077.5266.8863.0633.2467.5764.2945.84
Revenue growth (YoY)+70.9%+14.7%+4.0%+37.6%-50.1%-3.1%--
Other income1.897.76(1.31)5.954.278.094.152.78
Total expenses46.0563.2853.9450.5628.0255.2646.1437.99
EBITDA10.7514.2412.9412.505.2212.3118.157.85
EBITDA margin+18.9%+18.4%+19.3%+19.8%+15.7%+18.2%+28.2%+17.1%
Depreciation2.072.112.452.012.441.872.502.18
Interest0.120.280.230.340.160.120.130.10
Profit before tax10.4519.618.9516.106.8918.4119.678.35
Tax2.614.242.573.601.543.934.802.17

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 29 Oct 2026
ParticularsMar 2024Dec 2023Sep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022
Revenue84.3048.2551.1243.7864.2438.0936.8933.48
Revenue growth (YoY)+31.2%+26.7%+38.6%+30.8%+78.4%---
Other income4.714.103.234.572.422.973.580.19
EBITDA16.717.8912.812.4813.475.986.27(1.43)
EBITDA margin+19.8%+16.4%+25.1%+5.7%+21.0%+15.7%+17.0%-4.3%
Depreciation2.081.861.781.742.091.941.901.88
Interest0.300.320.160.170.130.230.050.08
Profit before tax19.049.8114.105.1413.676.787.90(3.20)
Tax4.212.253.30(0.22)3.861.871.81(1.91)
Net profit14.837.5610.805.369.814.916.09(1.29)
EPS (β‚Ή)25.7213.0818.729.3017.018.5110.57(2.25)
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Revenue22817384.44126108185140
Revenue growth+31.7%+104.5%-33.1%+16.9%-41.6%+31.9%-
Other income16.569.139.3411.3510.7810.709.60
Total expenses18814875.24115102160125
Employee cost18.2615.2612.4910.5913.3315.5015.37
EBITDA39.9424.329.2010.865.8325.2215.19
EBITDA margin+17.6%+14.1%+10.9%+8.6%+5.4%+13.7%+10.8%
Depreciation7.467.808.097.305.844.974.99
Interest0.940.500.430.620.510.570.54
Profit before tax48.1025.1510.0214.2910.2630.3819.26
Tax9.545.621.363.020.797.212.99
Net profit38.3219.578.6811.339.4523.1715.78
Net profit margin+16.8%+11.3%+10.3%+9.0%+8.8%+12.5%+11.3%
EPS (β‚Ή)66.8333.8515.0419.5516.4540.1728.21
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Equity & liabilities
Share capital5.775.775.775.775.775.775.77
Reserves & surplus380345327322313309289
Shareholders' funds (net worth)386351333327319314295
Minority interest0.000.000.000.000.000.000.00
Secured loans0.000.000.000.651.261.630.62
Unsecured loans0.410.640.401.041.260.000.00
Total debt0.410.640.401.692.521.630.62
Total liabilities387352333329322316296
Assets
Gross block144148147148132123120
Net block73.3976.0980.6386.8778.3474.4976.59
Capital work in progress0.080.520.050.4010.729.220.73
Investments180166157158156152145
Inventories85.7978.7970.9437.1952.7040.1639.25
Sundry debtors93.7852.8339.1261.4730.8660.7060.13
Cash & bank balances8.022.813.259.616.933.734.18
Loans & advances8.029.7014.4515.5710.976.826.56
Total current assets196144128124101111110
Total current liabilities58.4332.1925.3930.9221.8127.3433.38
Net working capital13711210292.9279.6584.0776.74
Total assets387352333329322316296
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Opening cash-3.089.436.763.564.022.28
Net cash from operating activities-6.66(9.88)2.6311.4410.079.80
Net cash from investing activities-(4.66)8.133.47(2.91)(8.02)(5.18)
Net cash from financing activities-(2.43)(4.61)(3.42)(5.33)(2.51)(2.88)
Net change in cash-(0.42)(6.36)2.683.20(0.46)1.74
Closing cash-2.813.259.616.933.734.18
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Growth
Sales growth+31.7%+104.5%-33.1%+16.9%-41.6%+31.9%-
EBITDA growth+64.2%+164.4%-15.3%+86.3%-76.9%+66.0%-
PBT growth+91.3%+151.0%-29.9%+39.3%-66.2%+57.7%-34.6%
Net income growth+95.8%+125.5%-23.4%+19.9%-59.2%+46.8%-
Revenue CAGR (3Y)+21.7%+17.0%-23.0%-3.4%-14.3%+9.7%-
EBITDA CAGR (3Y)+54.4%+61.0%-28.6%-10.6%-35.7%+3.6%-
Profitability & leverage
Net income margin+17.0%+11.3%+10.3%+8.9%+8.8%+12.5%+11.6%
Return on capital employed-+7.5%+3.2%+4.6%+3.4%+10.1%+6.8%
Return on net worth-+5.7%+2.6%+3.5%+3.0%+7.6%+5.7%
Debt / equity-0.000.000.010.010.000.00
Long-term debt / equity-0.000.000.010.010.000.00
Interest cover2.893.0338.7417.42-5,100.002.815.29
Efficiency & per share
Fixed asset turnover-1.170.570.900.851.521.25
Inventory turnover-2.311.562.812.324.653.87
Debtors turnover-3.761.682.732.363.062.61
EPS (β‚Ή)66.8333.8515.0419.5516.4540.1728.21
Dividend per share (β‚Ή)5.005.005.005.005.007.005.00
Book value per share (β‚Ή)669.46608.02577.01567.42552.89544.90510.70
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue56.8077.5266.8863.0633.2467.5764.2945.84
Revenue growth (YoY)+70.9%+14.7%+4.0%+37.6%-50.1%-3.1%--
Other income1.897.76(1.31)5.954.278.094.152.78
Total expenses46.0563.2853.9450.5628.0255.2646.1437.99
EBITDA10.7514.2412.9412.505.2212.3118.157.85
EBITDA margin+18.9%+18.4%+19.3%+19.8%+15.7%+18.2%+28.2%+17.1%
Depreciation2.072.112.452.012.441.872.502.18
Interest0.120.280.230.340.160.120.130.10
Profit before tax10.4519.618.9516.106.8918.4119.678.35
Tax2.614.242.573.601.543.934.802.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue23124622817384.44126108
Revenue growth-6.4%+8.3%+31.7%+104.5%-33.1%+16.9%-
Other income17.0018.3318.4210.499.1811.3310.70
Total expenses18819018814875.24115102
Employee cost22.0119.4618.2615.2612.4910.5913.33
EBITDA42.9856.1739.9424.329.2010.865.83
EBITDA margin+18.6%+22.8%+17.6%+14.1%+10.9%+8.6%+5.4%
Depreciation8.778.327.467.808.097.305.84
Interest0.850.560.940.500.430.620.51
Profit before tax50.3665.6249.9626.519.8614.2710.18
Tax11.6416.709.545.621.363.020.79
Net profit35.1248.2739.5320.938.5211.319.37
Net profit margin+15.2%+19.6%+17.4%+12.1%+10.1%+9.0%+8.7%
EPS (β‚Ή)67.1184.7870.0636.1814.7719.5116.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital5.775.775.775.775.775.775.77
Reserves & surplus462426380343324318310
Shareholders' funds (net worth)468432386349330324316
Secured loans2.790.000.000.000.000.651.26
Unsecured loans1.560.130.410.640.401.041.26
Total debt4.350.130.410.640.401.692.52
Total liabilities472432387350330326319
Assets
Gross block147142144148147148132
Net block75.0169.8273.3976.0980.6386.8778.34
Capital work in progress1.571.290.080.520.050.4010.72
Investments205226180165153155153
Inventories10911285.7978.7970.9437.1952.70
Sundry debtors72.4968.4893.7852.8339.1261.4730.86
Cash & bank balances0.791.758.022.813.259.616.93
Loans & advances11.336.738.029.7114.4515.5710.97
Total current assets193189196144128124101
Total current liabilities44.5848.3258.4332.1925.3930.9221.81
Net working capital14914113711210292.9279.65
Total assets472432387350330326319
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.627.882.663.089.436.763.56
Net cash from operating activities22.1133.2811.596.66(9.88)2.6111.36
Net cash from investing activities(21.79)(35.81)(2.27)(4.66)8.133.49(2.83)
Net cash from financing activities(1.28)(3.73)(4.10)(2.43)(4.61)(3.42)(5.33)
Net change in cash(0.96)(6.26)5.23(0.42)(6.36)2.683.20
Closing cash0.791.758.022.813.259.616.93
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-6.4%+8.3%+31.7%+104.5%-33.1%+16.9%-
EBITDA growth-23.5%+40.6%+64.2%+164.4%-15.3%+86.3%-
PBT growth-23.3%+31.4%+88.5%+168.9%-30.9%+40.2%-66.5%
Net income growth-27.2%+22.1%+88.9%+145.7%-24.7%+20.7%-
Revenue CAGR (3Y)+10.1%+42.9%+21.7%+17.0%-23.0%-3.4%-14.3%
EBITDA CAGR (3Y)+20.9%+82.8%+54.4%+61.0%-28.6%-10.9%-35.7%
Profitability & leverage
Net income margin+16.8%+19.9%+17.8%+12.1%+10.1%+8.9%+8.7%
Return on capital employed+11.3%+16.2%+13.8%+7.9%+3.1%+4.6%+3.4%
Return on net worth+8.6%+12.0%+11.0%+6.2%+2.6%+3.5%+3.0%
Debt / equity0.000.000.000.000.000.010.01
Long-term debt / equity0.000.000.000.000.000.010.01
Interest cover2.481.172.893.0338.7417.42-5,100.00
Efficiency & per share
Fixed asset turnover1.601.731.561.170.570.900.85
Inventory turnover2.092.492.762.311.562.812.32
Debtors turnover3.273.043.103.761.682.732.36
EPS (β‚Ή)67.1184.7870.0636.1814.7719.5116.31
Dividend per share (β‚Ή)4.005.005.005.002.505.005.00
Book value per share (β‚Ή)810.46748.81669.46604.79571.45562.14547.64

Web traffic of Eimco Elecon (India)

The website of Eimco Elecon (India) (eimcoelecon.in) receives about 20.5K visits a month.

  • Monthly visits
    20.5K

    ▲ 761.9% vs previous month

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EIMCOELECO: Q2 REVENUE 568M RUPEES VS 332M (YOY)
Exchange Update β€’ 17 days ago
Eimco Elecon (India): Executive Director Expresses Optimism About Future Demand Due To Ongoing Infrastructure Projects And Growing Mining Activities.
Exchange Update β€’ 17 days ago
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Frequently Asked Questions about Eimco Elecon (India)

Eimco Elecon (India) was founded in 1974.

Eimco Elecon (India) is headquartered in Anand, India. It is registered at Anand, Gujarat, India.

Eimco Elecon (India) has 123 employees.

The primary company behind Eimco Elecon (India), Eimco Elecon (India ) Limited, reported revenue of β‚Ή248 Cr for FY 2026, down 6% year on year.

Eimco Elecon (India) was established in 1974 in Anand, India, focusing on the mining and construction equipment sector. Equipment for mining operations and construction projects is produced and distributed through its facilities. Leadership is provided by Managing Director and Chairman Prayasvin B Patel, alongside Managing Director Bhanubhai I Patel. Operations are centered in India, serving domestic and regional needs in heavy machinery supply.

Eimco Elecon (India) offers Load Haul Dumper, Side Dump Loader, Coal Hauler, Articulated Wheel Loader, and Universal Drill Machine.

Yes, Eimco Elecon (India) is publicly traded on NSE under the ticker symbol EIMCOELECO.

Eimco Elecon (India) is associated with 2 legal entities: Eimco Elecon (India ) Limited, Eimco Elecon Electricals Limited.

The legal entities of Eimco Elecon (India) currently have 12 directors, including Rikenkumar Bhupendrabhai Dalwadi, Venkatraman Srinivasan, Kamlesh Nalin Shah and others.

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