Elecon Engineering Company Limited
Quality (52/100) does the heavy lifting; momentum (10/100) is the drag.
ExpensiveOvervaluedOur blended model reads Elecon Engineering Company Limited as a Strong Sell at 26/100. On 40.1x trailing earnings it sits pricier than the Industrials median of about 29.0x. The price is about 32% below its 52-week high of ₹625.94 and 20% above the low of ₹353.74. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 2/9. The average analyst target of ₹500.5 implies about 18% upside across 2 analysts. It clears 3 of 11 investability checks, with durability 52, valuation 31 and momentum 10 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹206.28.
Analyst views
1-year price
EOD · 2026-07-2952-week range
-32.30% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Strong Sell26Piotroski F-score 2/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- No data: ROE above 15%
- Pass: Low debt (D/E < 0.5): 0.12x
- Pass: Positive free cash flow
- Fail: Revenue growth > 10%: 6%
- Fail: Earnings growing: -60%
- Fail: Net margin ≥ 10%: 9.9%
- No data: Current ratio > 1.5
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Fail: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 8.09
- Fail: Piotroski ≥ 7: 2/9
Quarterly results
Annual financials
Shareholding
- Promoter63.2%
- Institutions10.7%
- Public & other26.2%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Lightly leveraged balance sheet.
- Financially solid — Altman Z 8.09.
Bear case
Weaknesses
- Price below its 200-day moving average (downtrend).
- Weak Piotroski score (2/9).
Threats
- Earnings contracting year on year.
- Trades ~39% above our estimated fair value.
About Elecon Engineering Company Limited
Elecon Engineering manufactures industrial gears and material handling equipment for domestic and international markets. The company operates through two segments: Material Handling Equipment and Transmission Equipment. Its product range includes helical, bevel helical, planetary, worm, wind turbine, and marine gearboxes, along with customized gearboxes, loose gears, and couplings.
Elecon Engineering Company Limited — frequently asked questions
Is Elecon Engineering Company Limited a buy, hold or sell?
StocksWizard currently rates Elecon Engineering Company Limited (ELECON) a Strong Sell, based on a blended score of 26/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Elecon Engineering Company Limited's fair value?
Our blended DCF and relative-valuation model estimates Elecon Engineering Company Limited's fair value at about ₹257.85, versus a current price of ₹423.75 — roughly 39% downside. On that basis the stock looks overvalued by 39%.
Is Elecon Engineering Company Limited financially healthy?
Elecon Engineering Company Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 2/9.
How has Elecon Engineering Company Limited's share price performed?
Elecon Engineering Company Limited is down 16% over three months, and last traded at ₹423.75. Past performance doesn't predict future returns.
More in Industrials
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.