Elecon Engineering Company Limited

BSE: 505700 NSE: ELECON
Elecon Engineering Company Limited - machinery and equipment in Vallabh Vidyanagar, Gujarat, India. FY 2026 financials & compliance.
CIN L29100GJ1960PLC001082 Incorporated 11 January 1960 ROC Ahmedabad HQ Vallabh Vidyanagar, Gujarat, India
Active Listed - NSE: ELECON · BSE: 505700 Public Limited Company machinery and equipment Nifty 500
Data last updated
Market Cap
₹9,626 Cr
ELECON · NSE
Share Price
₹416.20
-2.97% today
Revenue
₹2,366 Cr
FY 2025-26 · +6.3% YoY
EBITDA
₹502 Cr
Margin 21.2%
Net Profit
₹354 Cr
FY 2025-26 · -14.5% YoY
P/E (TTM)
31.3x
P/B 3.9x
ROE
15.8%
ROCE 20.0%
Debt / Equity
0.11
Interest cover 6.3x

About Elecon Engineering Company Limited

Data last updated:

Elecon Engineering Company Limited is a public limited company based in Vallabh Vidyanagar, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 11 January 1960 and has been in existence for over 66 years.

Elecon Engineering Company is part of the Nifty 500 and BSE 500 indices. Its director Prayasvin B Patel and family are #540 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L29100GJ1960PLC001082. Its GSTIN is 24AAACE4644D1Z4 (Gujarat). The company holds 16 GST registrations, of which 12 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 505700 and NSE: ELECON.

The company has an authorised share capital of ₹178 Cr and a paid-up capital of ₹22.44 Cr. It was formerly known as The Elecon Engineering Company Private Limited and Elecon Engineering Company Private Limited. It is led by directors including Prayasvin Patel (Managing Director) and Pranav Chirayu Amin.

Its last annual general meeting (AGM) was held on 25 June 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Anand Sujitra Road Vallabh Vidyanagar, Gujarat, India – 388120.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,366.05 Cr, a growth of 6.2% compared to the previous year. For the same year it recorded a net profit of ₹353.69 Cr (net margin 14.9%) and EBITDA of ₹502.06 Cr (EBITDA margin 21.2%). The net worth stands at ₹2,305.85 Cr (up 15.4% YoY). Total assets are valued at ₹2,582.86 Cr (up 17.2% YoY).

The company has about 690 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Elecon. As per MCA filings, the company has open charges of ₹400 Cr and satisfied charges of ₹3,653 Cr on record. Court records list 492 cases involving the company, including 187 filed by the company and 305 filed against it; 39 cases are pending. The company has 42 deals on record (42 market trades); the latest was in September 2026. Its 4 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers, Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 3 smaller; the largest is Thermax Babcock & Wilcox Energy Solutions Limited with revenue of ₹2,409.01 Cr. The company has 136 MSME Form 1 returns on record between 2007 and 2024, listing 67,095 overdue payments to 394 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elecon.com.

Company details

CIN L29100GJ1960PLC001082
Registration Number 001082
Incorporation Date 11 January 1960
ROC Ahmedabad
Listing Status Listed - Listed on NSE (ELECON); Listed on BSE (505700)
Company Status Active
Date of Last AGM 25 June 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Elecon Engineering Company has undergone 3 name changes throughout its history. The company was previously known as The Elecon Engineering Company Private Limited, Elecon Engineering Company Private Limited, and The Elecon Engineering Company Limited. The current legal name is Elecon Engineering Company Limited.

Company NameStatus
Elecon Engineering Company LimitedCurrent
The Elecon Engineering Company Private LimitedPrevious
Elecon Engineering Company Private LimitedPrevious
The Elecon Engineering Company LimitedPrevious

CIN history

Elecon Engineering Company has one previous CIN (Corporate Identification Number): L29259GJ1960PLC001082. The current CIN is L29100GJ1960PLC001082, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L29100GJ1960PLC001082Current
L29259GJ1960PLC001082Previous
Key People
Prayasvin Patel Managing Director Pranav Chirayu Amin Director Ashutosh Arvind Pednekar Director

Recognitions & Rankings of Elecon Engineering Company

India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#385
Valuation
₹14,050 Cr
2023 #410
Stock market indices
Nifty 500 BSE 500

Contact details

Elecon Engineering Company Limited's registered office is in Vallabh Vidyanagar, Gujarat. Its website is elecon.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    elecon.com
  • Registered Address
    Anand Sujitra Road Vallabh Vidyanagar, Gujarat, India – 388120
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment, Industrial Machinery Manufacturing

To see the full contact details of Elecon Engineering Company Limited, buy the company report.

Comprehensive company report
Elecon Engineering Company Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Elecon Engineering Company operates one associated brand: Elecon. Each brand links to its own profile.

BrandDescriptionWebsite
Elecon
Industrial geared motors, material handling, and mining equipment are manufactured.elecon.com

Business activity

The main business activity of Elecon Engineering Company is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Elecon Engineering Company Limited, buy the company report.

Financials of Elecon Engineering Company Limited

FY 2025-26 filings available

Elecon Engineering Company Limited reported revenue of ₹2,366.05 Cr (up 6.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹2,366 Cr
+6.2% YoY
EBITDA
₹502 Cr
-8.4% YoY
Profit After Tax
₹354 Cr
-14.5% YoY
Net Worth
₹2,306 Cr
+15.4% YoY
Total Assets
₹2,583 Cr
+17.2% YoY
Total Debt
₹273 Cr
+50.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,3662,2271,9371,5301,2121,0441,088
Revenue growth+6.3%+14.9%+26.7%+26.2%+16.0%-4.0%-
EBITDA502548475339247186141
EBITDA margin+21.2%+24.6%+24.5%+22.2%+20.4%+17.8%+13.0%
Profit before tax45453746530017181.3019.51
Net profit35441435323914457.7790.32
Net profit margin+15.0%+18.6%+18.2%+15.6%+11.9%+5.5%+8.3%
EPS (₹)15.2018.5031.6921.1712.525.147.99
Balance sheet
Total assets2,5832,2041,7101,3741,2501,3091,400
Net worth2,3061,9991,6041,2791,050919854
Total debt27318170.4651.58151335483
Cash & bank213358263210112141107
Net working capital752779627537446480509
Cash flow
Cash from operations314425365309223248222
Cash from investing(182)(309)(279)(166)14.99(18.68)(25.31)
Cash from financing(122)(67.37)(58.50)(145)(250)(210)(176)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue639521746552578491798529
Revenue growth (YoY)+10.5%+6.1%-6.5%+4.3%+13.8%+25.0%--
Other income19.7921.9117.5718.8518.3210821.0716.66
EBITDA14810956.25109126130195143
EBITDA margin+23.1%+21.0%+7.5%+19.8%+21.7%+26.6%+24.5%+27.0%
Depreciation32.6029.7627.1827.2425.2824.5419.2615.54
Interest10.338.116.256.825.696.155.103.46
Profit before tax12593.1640.3993.97113207192140
Tax28.4122.8134.3921.9825.2731.6845.5632.70
Net profit96.3570.356.0071.9987.72175146108
EPS (₹)4.293.140.273.213.917.826.534.79
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,0161,8711,6001,197893796836
Revenue growth+7.8%+17.0%+33.6%+34.1%+12.1%-4.7%-
EBITDA475469414281185145106
EBITDA margin+23.6%+25.1%+25.9%+23.5%+20.7%+18.2%+12.7%
Profit before tax58545640624612458.271.29
Net profit35533930118999.1036.4272.49
Net profit margin+17.6%+18.1%+18.8%+15.8%+11.1%+4.6%+8.7%
EPS (₹)21.2415.1527.0216.778.513.236.45
Balance sheet
Total assets2,2971,8281,4151,1191,0331,0761,175
Net worth2,0491,6531,3481,079908819782
Total debt24415143.4820.24117253391
Cash & bank10316411613639.0850.6124.74
Net working capital543508422368311330368
Cash flow
Cash from operations281279235294178220170
Cash from investing(173)(159)(185)(144)(4.50)(15.67)(12.96)
Cash from financing(111)(54.80)(46.84)(140)(175)(193)(156)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue535398656454496410713446
Revenue growth (YoY)+7.8%-2.9%-8.0%+1.8%+18.5%+39.8%--
Other income17.0219.6015.0417.3718.3117416.1513.11
Total expenses414305511359383288539320
EBITDA12192.9814495.49113122174127
EBITDA margin+22.6%+23.3%+22.0%+21.0%+22.7%+29.8%+24.4%+28.4%
Depreciation28.9026.0923.7223.9422.0821.5016.6213.05
Interest9.947.805.906.485.355.624.302.82
Profit before tax99.2878.6913082.44104269169124
Tax24.5320.1232.7120.5524.8630.4043.4331.87

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue639521746552578491798529
Revenue growth (YoY)+10.5%+6.1%-6.5%+4.3%+13.8%+25.0%--
Other income19.7921.9117.5718.8518.3210821.0716.66
EBITDA14810956.25109126130195143
EBITDA margin+23.1%+21.0%+7.5%+19.8%+21.7%+26.6%+24.5%+27.0%
Depreciation32.6029.7627.1827.2425.2824.5419.2615.54
Interest10.338.116.256.825.696.155.103.46
Profit before tax12593.1640.3993.97113207192140
Tax28.4122.8134.3921.9825.2731.6845.5632.70
Net profit96.3570.356.0071.9987.72175146108
EPS (₹)4.293.140.273.213.917.826.534.79
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,3662,2271,9371,5301,2121,0441,088
Revenue growth+6.3%+14.9%+26.7%+26.2%+16.0%-4.0%-
Other income81.7862.9450.4723.3110.007.879.43
Total expenses1,8641,6791,4631,190965859947
Employee cost241209188150128118134
EBITDA502548475339247186141
EBITDA margin+21.2%+24.6%+24.5%+22.2%+20.4%+17.8%+13.0%
Depreciation10460.7650.9249.0448.5852.1153.26
Interest25.1313.338.8913.7738.1060.3377.65
Profit before tax45453746530017181.3019.51
Tax11312211062.3330.0423.66(70.19)
Net profit35441435323914457.7790.32
Net profit margin+15.0%+18.6%+18.2%+15.6%+11.9%+5.5%+8.3%
EPS (₹)15.2018.5031.6921.1712.525.147.99
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital22.4422.4422.4422.4422.4422.4422.44
Reserves & surplus2,2831,9761,5821,2571,028897832
Shareholders' funds (net worth)2,3061,9991,6041,2791,050919854
Minority interest0.000.000.000.000.000.000.00
Secured loans0.003.310.000.00100286421
Unsecured loans27317870.4651.5850.8749.3362.83
Total debt27318170.4651.58151335483
Total liabilities2,5832,2041,7101,3741,2501,3091,400
Assets
Gross block1,4871,3741,1821,1271,0791,1141,103
Net block930914769754739758799
Capital work in progress23.116.700.910.120.510.310.41
Investments74349628676.6754.2453.4452.54
Inventories301243230279262250307
Sundry debtors721614445346415508612
Cash & bank balances213358263210112141107
Loans & advances12666.4577.5033.6397.66234210
Total current assets1,3601,2821,0168698871,1341,236
Total current liabilities609502388331440653727
Net working capital752779627537446480509
Total assets2,5832,2041,7101,3741,2501,3091,400
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash15911082.3584.3696.1477.2856.04
Net cash from operating activities314425365309223248222
Net cash from investing activities(182)(309)(279)(166)14.99(18.68)(25.31)
Net cash from financing activities(122)(67.37)(58.50)(145)(250)(210)(176)
Net change in cash10.3849.1627.34(2.01)(11.78)18.8621.24
Closing cash213358263210112141107
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+6.3%+14.9%+26.7%+26.2%+16.0%-4.0%-
EBITDA growth-8.4%+15.5%+39.9%+37.3%+33.0%+31.8%-
PBT growth-15.4%+15.4%+55.2%+75.9%+109.7%+316.7%-77.9%
Net income growth-14.5%+17.3%+47.8%+65.5%+149.7%-36.0%-
Revenue CAGR (3Y)+15.7%+22.5%+22.9%+12.0%-0.4%-4.0%-3.2%
EBITDA CAGR (3Y)+14.0%+30.4%+36.7%+34.0%+20.7%+14.0%-6.8%
Profitability & leverage
Net income margin+14.4%+18.6%+18.4%+15.5%+11.6%+5.5%+8.2%
Return on capital employed+20.0%+28.1%+30.8%+23.9%+16.3%+10.5%+7.0%
Return on net worth+15.9%+23.0%+24.7%+20.4%+14.3%+6.5%+11.1%
Debt / equity0.110.070.040.090.250.430.64
Long-term debt / equity0.080.060.030.040.100.170.27
Interest cover6.322.742.104.7419.1845.1088.51
Efficiency & per share
Fixed asset turnover1.651.741.681.391.110.941.01
Inventory turnover8.709.427.625.664.743.753.48
Debtors turnover3.554.214.904.022.631.871.81
EPS (₹)15.2018.5031.6921.1712.525.147.99
Dividend per share (₹)2.002.003.002.001.400.400.00
Book value per share (₹)102.7689.07142.96114.0093.6081.9376.13
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue535398656454496410713446
Revenue growth (YoY)+7.8%-2.9%-8.0%+1.8%+18.5%+39.8%--
Other income17.0219.6015.0417.3718.3117416.1513.11
Total expenses414305511359383288539320
EBITDA12192.9814495.49113122174127
EBITDA margin+22.6%+23.3%+22.0%+21.0%+22.7%+29.8%+24.4%+28.4%
Depreciation28.9026.0923.7223.9422.0821.5016.6213.05
Interest9.947.805.906.485.355.624.302.82
Profit before tax99.2878.6913082.44104269169124
Tax24.5320.1232.7120.5524.8630.4043.4331.87
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,0161,8711,6001,197893796836
Revenue growth+7.8%+17.0%+33.6%+34.1%+12.1%-4.7%-
Other income22547.6339.7116.359.5610.799.31
Total expenses1,5411,4021,186916708652730
Employee cost14413011183.4558.5063.6871.45
EBITDA475469414281185145106
EBITDA margin+23.6%+25.1%+25.9%+23.5%+20.7%+18.2%+12.7%
Depreciation91.2450.5841.2539.2838.2542.3143.69
Interest23.5710.226.1911.7632.6754.8070.25
Profit before tax58545640624612458.271.29
Tax10911610358.3128.0922.02(71.14)
Net profit35533930118999.1036.4272.49
Net profit margin+17.6%+18.1%+18.8%+15.8%+11.1%+4.6%+8.7%
EPS (₹)21.2415.1527.0216.778.513.236.45
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital22.4422.4422.4422.4422.4422.4422.44
Reserves & surplus2,0261,6311,3251,057885797760
Shareholders' funds (net worth)2,0491,6531,3481,079908819782
Secured loans0.003.310.000.00100226355
Unsecured loans24414743.4820.2416.2926.7435.87
Total debt24415143.4820.24117253391
Total liabilities2,2971,8281,4151,1191,0331,0761,175
Assets
Gross block1,3291,138954900863907908
Net block875762623606588614654
Capital work in progress22.646.590.690.120.150.310.18
Investments854544342138119119119
Inventories201166154176180176228
Sundry debtors665575407299379467559
Cash & bank balances10316411613639.0850.6124.74
Loans & advances95.3948.8663.6027.2887.29233210
Total current assets1,0659547416386869271,022
Total current liabilities523446319270374596654
Net working capital543508422368311330368
Total assets2,2971,8281,4151,1191,0331,0761,175
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash93.1227.7024.4714.1315.945.223.53
Net cash from operating activities281279235294178220170
Net cash from investing activities(173)(159)(185)(144)(4.50)(15.67)(12.96)
Net cash from financing activities(111)(54.80)(46.84)(140)(175)(193)(156)
Net change in cash(3.17)65.423.2310.34(1.81)10.721.69
Closing cash10316411613639.0850.6124.74
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+7.8%+17.0%+33.6%+34.1%+12.1%-4.7%-
EBITDA growth+1.3%+13.4%+47.2%+52.0%+28.0%+36.5%-
PBT growth+28.4%+12.3%+64.8%+99.3%+112.2%+4417.1%-95.4%
Net income growth+4.5%+12.7%+59.1%+91.1%+172.1%-49.8%-
Revenue CAGR (3Y)+19.0%+28.0%+26.2%+12.7%-2.2%-4.4%-3.3%
EBITDA CAGR (3Y)+19.1%+36.4%+42.0%+38.5%+17.4%+9.5%-13.9%
Profitability & leverage
Net income margin+23.7%+18.2%+19.0%+15.7%+10.7%+4.6%+8.7%
Return on capital employed+22.3%+28.8%+32.5%+24.0%+14.8%+10.1%+6.1%
Return on net worth+19.2%+22.7%+25.0%+18.9%+11.1%+4.5%+9.5%
Debt / equity0.110.060.030.070.210.400.57
Long-term debt / equity0.090.050.020.020.090.180.25
Interest cover6.142.441.664.8622.2653.58112.89
Efficiency & per share
Fixed asset turnover1.631.791.731.361.010.880.92
Inventory turnover10.9911.719.706.725.013.943.58
Debtors turnover3.253.814.533.532.111.551.51
EPS (₹)21.2415.1527.0216.778.513.236.45
Dividend per share (₹)2.002.003.002.001.400.400.00
Book value per share (₹)91.3073.68120.1096.2080.8973.0369.72

To see the full year-wise statements and ratios of Elecon Engineering Company Limited, buy the company report.

Board of directors of Elecon Engineering Company Limited

Elecon Engineering Company has 9 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pranav Chirayu Amin
Also directs: Viramya Packlight LLP, Alembic Pharmaceuticals Limited, Max Healthcare Institute Limited and 5 more
Director27 May 20215 Years 4 MonthsCurrent
Ashutosh Arvind Pednekar
Also directs: Northern Arc Capital Limited, Star Union Dai-Ichi Life Insurance Company Limited, DFK Consulting Services (India) Private Limited and 1 more
Director01 Jul 20224 Years 3 MonthsCurrent
Prayasvin Patel
Also directs: Eimco Elecon (India ) Limited, Elecon Hydraulics Private Limited, Elecon Hydraulics Private Limited and 5 more
Managing Director01 Jul 201115 Years 3 MonthsCurrent
Prashant Chandrakant Amin
Also directs: Eimco Elecon (India ) Limited, Vidya Wires Limited, Maruti Rubber Products Pvt Ltd and 1 more
Director29 Jul 200818 Years 2 MonthsCurrent
Pradip Manubhai Patel
Also directs: Ziwani Properties LLP, Jadeite Properties LLP, Eimco Elecon (India ) Limited and 5 more
Director14 Nov 197748 Years 11 MonthsCurrent
Natasha Kersi Treasurywala
Also directs: Fej Facilities Management Private Limited
Director24 Apr 20251 Years 6 MonthsCurrent
Showing 6 of 9 current directors. View all directors

Peer comparison

Elecon Engineering Company Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Thermax Babcock & Wilcox Energy Solutions Limited₹2,409.01 Cr (FY 2025)5.0%Mumbai, Maharashtra, India
Elecon Engineering Company Limitedthis company₹2,366.05 Cr (FY 2026)₹353.69 Cr14.9%6.2%690Vallabh Vidyanagar, Gujarat, India
Yokogawa India Limited₹2,194.37 Cr (FY 2025)7.0%Bangalore, Karnataka, India
Perkins India Private Limited₹2,177.5 Cr (FY 2025)11.0%Chennai, Tamil Nadu, India
Triveni Turbine Limited₹2,086.84 Cr (FY 2025)22.0%Noida, Uttar Pradesh, India

To see the full peer comparison of Elecon Engineering Company Limited, buy the company report.

Auditor

Elecon Engineering Company Limited is audited by CNK & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CNK & Associates LLPFY 2023101961W/W-100036

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 59.30%, foreign institutional investors hold 7.00%, domestic institutional investors hold 7.20% and retail and other public shareholders hold 26.50%.

Promoters: 59.30%DII (Domestic Institutional): 7.20%FII (Foreign Institutional): 7.00%Retail & Others: 26.50%
Sep 2026
QUARTER
59.30% Promoters
7.20% DII (Domestic Institutional)
7.00% FII (Foreign Institutional)
26.50% Retail & Others
Promoter holding - history
Now 59.30% · Sep 2026High 59.30% · Dec 2025Low 59.30% · Dec 2025
58%58.8%59.5%60.3%61%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 59.30%Mar 2026: 59.30%Jun 2026: 59.30%Sep 2026: 59.30%59.30%59.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters59.30%59.30%59.30%59.30%
Public40.70%40.70%40.70%40.70%

Charges & borrowings

Open charges
₹400 Cr
Satisfied charges
₹3,653 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹400.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Jan 199190102915Sbicap Trustee Company Limited₹400 CrOpen
11 Jul 2023100756699Others₹22 CrSatisfied
28 Apr 2021100443452Others₹35 CrSatisfied
28 Feb 2019100244609Others₹15.21 LakhSatisfied
08 Feb 2019100253289Others₹100 CrSatisfied

To see the full charge records of Elecon Engineering Company Limited, buy the company report.

Total charge records: 37 View all charges

Deals & funding

Elecon Engineering Company Limited has 42 deals on record (42 market trades); the latest was in September 2026.

Total deals
42
Market trades
42

Deals on record (5 of 42)

WhenDealAmountParties
Sep 2026Market trade₹58.1 CrBuyer: Microcurves Trading Private Limited
Seller: Microcurves Trading Private Limited
Jun 2024Market trade₹96.71 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Jul 2021Market trade₹34.52 CrBuyer: Adroit Financial Services Private Limited , Hrti Private Limited
Seller: Adroit Financial Services Private Limited , Hrti Private Limited
May 2021Market trade₹10.51 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Mar 2021Market trade₹3.46 CrBuyer: Quest Portfolio Services Private Limited
Seller: Quest Portfolio Services Private Limited

To see the full deal history of Elecon Engineering Company Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Elecon Engineering Company Limited was last rated by Icra on 21 Jun 2022.

Rating agencyRated onRating
Icra21 Jun 2022

To see the full credit ratings and regulatory alerts of Elecon Engineering Company Limited, buy the company report.

MSME payment delays

Elecon Engineering Company Limited has 136 MSME Form 1 returns on record between 2007 and 2024, listing 67,095 overdue payments to 394 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 394)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Elecon Engineering Company Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Elecon Engineering Company has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Elecon Engineering Company Limited has a workforce of 690 employees on its EPFO records as of Apr 01, 2024, across 2 active EPFO establishments.

Employee count
690
Active EPFO establishments
2
Employee growth
9.87%

GST

Elecon Engineering Company has 16 GST registrations: 12 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
16
Active
12
Cancelled / inactive
4
GSTINStateStatusRegistered on
24AAACE4644D1Z4GujaratActive01 Jul 2017
08AAACE4644D1ZYRajasthanActive01 Jul 2017
10AAACE4644D1ZDBiharActive01 Jul 2017
19AAACE4644D1ZVWest BengalActive01 Jul 2017

To see the full GST registrations and return filing status of Elecon Engineering Company Limited, buy the company report.

Recent activity

Elecon Engineering Company Limited has 36 board changes on record since 1977: 23 appointments and 13 cessations. The latest: Savan Rashmikant Godiawala was appointed as Director on 15 Apr 2026.

Appointed
Savan Rashmikant Godiawala was appointed as Director.
Filing
Elecon Engineering Company Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Ceased
Sonal Vimal Ambani ceased to be Director.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 400.00 Cr registered on 17 Jan 1991 with Charge ID 90102915 was modified on 19 Jul 2025.
AGM
Elecon Engineering Company Limited last Annual general meeting of members was held on 25 Jun 2025 as per latest MCA records.
Appointed
Natasha Kersi Treasurywala was appointed as Director.
Charges
A charge registered on 11 Jul 2023 via Charge ID 100756699 with Others was fully satisfied on 25 Apr 2024.
Ceased
Jai Shishir Diwanji ceased to be Director.
Appointed
Nirmal Pratap Bhogilal was appointed as Director.
Charges
A charge registered on 28 Feb 2019 via Charge ID 100244609 with Others was fully satisfied on 12 Dec 2023.
Charges
A charge with Others amounted to Rs. 22.00 Cr with Charge ID 100756699 was registered on 11 Jul 2023.
Charges
A charge registered on 02 Mar 2015 via Charge ID 10555436 with Sbicap Trustee Company Limited was fully satisfied on 20 Jun 2023.

114 earlier events are in the company report.

News

Elecon Engineering: Expects Strong Revenue Growth In H2 FY27 With EBITDA Margin Meeting Last Year’s Standard.
22 Oct 2026 · Exchange Update
ELECON: Q2 CONS NET PROFIT 964M RUPEES VS 877M (YOY)
14 Oct 2026 · Exchange Update
ELECON: Q2 REVENUE 6.4B RUPEES VS 5.8B (YOY)
14 Oct 2026 · Exchange Update
ELECON: Q2 EBITDA 1.48B RUPEES VS 1.26B (YOY); Q2 EBITDA MARGIN 23.15% VS 21.7% (YOY)
14 Oct 2026 · Exchange Update

Frequently asked questions

Elecon Engineering Company is an active public limited company based in Vallabh Vidyanagar, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 11 January 1960 (66+ years old) and is registered under CIN L29100GJ1960PLC001082. Listed on BSE: 505700 and NSE: ELECON.

Elecon Engineering Company reported revenue of ₹2,366.05 Cr for FY 2025-26 (up 6.2% YoY) based on consolidated financials.

Elecon Engineering Company has 9 current directors:

The latest financial statements of Elecon Engineering Company on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 June 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Elecon Engineering Company is 24AAACE4644D1Z4, registered in Gujarat. The company has 16 GST registrations in all, of which 12 are active and 4 are cancelled or inactive. Other active GSTINs include 08AAACE4644D1ZY (Rajasthan), 10AAACE4644D1ZD (Bihar), 19AAACE4644D1ZV (West Bengal).

The CIN (Corporate Identification Number) of Elecon Engineering Company is L29100GJ1960PLC001082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Elecon Engineering Company is a listed company as per MCA records. Its shares are listed on both BSE (code: 505700) and NSE (symbol: ELECON).

Elecon Engineering Company has 492 court cases on record: 187 filed by the company and 305 filed against it. 39 are pending. Most are in the high courts.

Elecon Engineering Company was incorporated on 11 January 1960, making it 66+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Elecon Engineering Company has 42 deals on record (42 market trades); the latest was in September 2026.

The peers of Elecon Engineering Company by revenue are Thermax Babcock & Wilcox Energy Solutions Limited, Yokogawa India Limited, Perkins India Private Limited, Triveni Turbine Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers, Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Savan Rashmikant Godiawala was appointed as Director on 15 Apr 2026. Sonal Vimal Ambani ceased to be Director on 14 Aug 2025. Natasha Kersi Treasurywala was appointed as Director on 24 Apr 2025. Elecon Engineering Company has 36 board changes on record in total.