Elecon Engineering Co. Ltd.
ELECON · NSE · Industrials
With a 20% margin of safety, our buy-below price is ₹375.05.
Piotroski F-score 2/9 — quality of earnings & balance sheet.
Investability checklist
- ✓ROE above 15%15.9%
- ✓Low debt (D/E < 0.5)0.12x
- ✓Positive free cash flow
- ✕Revenue growth > 10%-7%
- ✕Earnings growing-96%
- ✓Net margin ≥ 10%14.4%
- ✓Current ratio > 1.52.94
- ✕Below our fair value
- ✕Margin of safety ≥ 20%
- ✓Above 200-day average
- ✓Above 50-day average
- –Positive 1-year return
- ✓Altman Z in safe zoneZ 10.11
- ✕Piotroski ≥ 72/9
1-year price
EOD · 2026-06-15Our scores
Key fundamentals
SWOT snapshot
Strengths
- •Lightly leveraged balance sheet.
- •Financially solid — Altman Z 10.11.
Weaknesses
- •Weak Piotroski score (2/9).
Opportunities
- •Trading in our value buy zone versus sector peers.
Threats
- •Earnings contracting year on year.
About Elecon Engineering Co. Ltd.
Elecon Engineering Company Limited manufactures and sells industrial gears and material handling equipment in India and internationally. The company operates in two segments, Material Handling Equipment and Transmission Equipment. It offers helical and bevel helical, planetary, worm, high speed, wind turbine, marine, and custom-built gear boxes; and customized gear boxes, loose gears, and couplings
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Our 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.