Elecon Engineering Company Limited - Company Profile

It is a machinery and equipment public limited company based in Vallabh Vidyanagar, Gujarat, India, established in 1960.

1960 Vallabh Vidyanagar, Gujarat, India Active

Last Updated: December 23, 2025

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About Elecon Engineering Company Limited

Elecon Engineering Company Limited, a active public limited company, was established on 11 January 1960 in Vallabh Vidyanagar, Gujarat, India. Engaging in material handling & storage equipment within the manufacturing sector, it holds CIN: L29100GJ1960PLC001082. Registered under ROC Roc Ahmedabad. it is listed on BSE: 505700 and NSE: ELECON. It has an authorized capital of ₹178.00 Cr and a paid-up capital of ₹22.44 Cr.

Formerly known as The Elecon Engineering Company Private Limited, Elecon Engineering Company Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹1,213.34 Cr and a net worth of ₹1,079.36 Cr. Employing 690 professional, Its leadership includes Aayush Alkesh Shah (Director), Ashutosh Arvind Pednekar (Director), Pradip Manubhai Patel (Director). Past directors included Nayankumar Mahadevprasad Adhyaru, Jal Patel, Parthiv Pravinbhai Parikh. It holds ₹400.00 Cr open charges and ₹3,653.00 Cr settled loans. Its latest AGM occurred on 25 June 2025, with the balance sheet filed on 31 March 2025. It is based at Anand, Sujitra Road Vallabh Vidyanagar, Vallabh Vidyanagar, Gujarat, 388120.

Company Details

CIN/LLPIN
L29100GJ1960PLC001082
Registration Number
001082
Incorporation Date
11 January 1960
Authorized Capital
₹178.00 Cr
Paid-Up Capital
₹22.44 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 505700, NSE: ELECON)
Company Status
Active

Key Metrics

Authorised Capital ₹ 178.00 Cr as on 23-12-2025
Paid Up Capital ₹ 22.44 Cr as on 23-12-2025
Company Age 66 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 400.00 Cr as on 23-12-2025
Satisfied Charges ₹ 3,653.00 Cr as on 23-12-2025
Revenue Growth **** 35.72% (FY 2023)
Profit Growth **** 96.98% (FY 2023)
Ebitda **** 52.36% (FY 2023)
Net Worth 18.93% (FY 2023)
Total Assets -1.37% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Elecon Engineering Company Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Elecon Engineering Company Limited?

Current Directors

Name	Designation	Appointment Date	Status
Aayush Alkesh Shah	Director	25 Apr 2023	Current
Ashutosh Arvind Pednekar	Director	01 Jul 2022	Current
Pradip Manubhai Patel	Director	14 Nov 1977	Current
Prashant Chandrakant Amin	Director	29 Jul 2008	Current
Pranav Chirayu Amin	Director	27 May 2021	Current
Natasha Kersi Treasurywala	Director	24 Apr 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	03 May 2008	Past
Pramod Abcsdd	Director Appointed In Casual Vacancy	01 Apr 2022	Past
Pramod Abcsdd	Company Secretary	04 Aug 2017	Past
Pramod Abcsdd	Chief Financial Officer	-	Past
Pramod Abcsdd	Additional Director	27 Jun 2023	Past
Pramod Abcsdd	Cfo	31 Dec 2017	Past

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Financial Performance of Elecon Engineering Company.

Elecon Engineering Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.72% increase. The company also saw a substantial improvement in profitability, with a 96.98% increase in profit. The company's net worth Soared by an impressive increase of 18.93%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

35.72%

*******

Revenue from Operations

*******

35.34%

*******

Total Assets

*******

-1.37%

*******

Profit or Loss

*******

96.98%

*******

Net Worth

*******

18.93%

*******

EBITDA

*******

52.36%

*******

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What is the Ownership and Shareholding Structure of Elecon Engineering Company?

In 2023, Elecon Engineering Company had a promoter holding of 59.29% and a public holding of 40.72%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹4,000,000,000.00

Satisfied Charges

₹36,530,020,640.00

Charges Breakdown by Lending Institutions

Sbicap Trustee Company Limited : 400.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Jan 1991	Sbicap Trustee Company Limited	₹400.00 Cr	Open
11 Jul 2023	Others	₹22.00 Cr	Satisfied
28 Apr 2021	Others	₹35.00 Cr	Satisfied
28 Feb 2019	Others	₹1.52 M	Satisfied
08 Feb 2019	Others	₹100.00 Cr	Satisfied

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How Many Employees Work at Elecon Engineering Company?

Elecon Engineering Company has a workforce of 690 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Elecon Engineering Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Elecon Engineering Company's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Elecon Engineering Company

Recent Activity within the Organization

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. was recorded as a recent event.
19 Jul 2025
Annual General Meeting

Progress on Elecon Engineering Company Limited last Annual general meeting of members was held on 25 Jun 2025 as per latest MCA records. was documented.
25 Jun 2025
Director Appointment

Progress on Natasha Kersi Treasurywala was appointed as a Director was appointed as a Director on 24 Apr 2025 & has been associated with this company since 9 months 20 days . was documented.
24 Apr 2025
Balance Sheet

The activity Elecon Engineering Company Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
31 Mar 2025
Charges

Progress on A charge registered on 11 Jul 2023 via Charge ID 100756699 with Others was fully satisfied on 25 Apr 2024. was documented.
25 Apr 2024
Director Appointment

Progress on Nirmal Pratap Bhogilal was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 10 months . was documented.
01 Apr 2024

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