Eimco Elecon (India)
- Market cap
- ₹ 1,251 Cr.
- P/E
- 32.1x
- P/B
- 2.78x
- 52-week range
- 1,405.5 – 2,475
- ROE
- 8%
- ROCE
- 10%
- Dividend yield
- 0.2%
- Debt / equity
- 0.01
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- NSE, BSE
About
Eimco Elecon (India) Limited is an India-based company. The Company is engaged in the business of manufacturing of equipment for mining and construction sector. The Company produces a range of underground coal mining machinery and construction equipment. The Company offers its products for a range of applications, including coal mining, metal mining, construction equipment, foundation equipment, and underground transport system. Its products include Air Motors, 811-Load Haul Dumper, 912E-Load Haul Dumper, 912B MK II-Load Haul Dumper, low Profile Dump Truck, 912CH-Coal Hauler, 625-Side Dump Loader, 611-Side Dump Loader, 611-Universal Drill Machine, 824-Rocker Shovel Loader, 150/1000B-Hopper Loader, AL 120-Articulated Wheel Loader, AL 520-Articulated Wheel Loader, 21B-Rocker Shovel Loaders, Coal Hauler, Continuous Miner Package, Drill Machine, Piling Rig, and Chair Lift Man Riding System. The Company's plant is located in Vallabh Vidyanagar, Gujarat.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →Eimco Elecon (India) against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)32.1 against a typical 29.6: pricier than most peers (1st = cheapest).100th of 184
- Sales growth+70.9% against a typical +20.3% from a year earlier.24th of 147
- Profit growth+46.4% against a typical +9.4% from a year earlier.46th of 121
- Share price, 3 months+19.7% against a typical −3.4%.35th of 164
- Size₹ 1,250.8 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).47th of 176
Latest announcements
Exchange filings and their impact on the company.
- New DW-220 wall grab adds a small Make-in-India revenue stream with limited 12-month profit impact.
Eimco Elecon (India) on 27 October 2026 launched the DW-220 Hydraulic Diaphragm Wall Grab, expanding its construction equipment portfolio under the Make in India initiative. The filing gives no price, orders or financial targets, only positioning it for complex construction applications. The launch should add a modest new revenue stream over the next year without changing the near-term scale of the Rs 264 cr TTM business.
- Q2 revenue up 71% YoY to Rs 57 cr with EBITDA doubling and Rs 133 cr order book supports continued growth.
Eimco Elecon reported Q2 FY27 revenue of Rs 57 crore, up 70.9% from Rs 33 crore last year, with EBITDA up 108.8% to Rs 11 crore at 18.8% margin and PAT up 46.5% to Rs 8 crore. H1 revenue was up about 33% YoY. The company disclosed a healthy open order pipeline of Rs 133 crore and also noted CFO Vishal Begwani will resign effective 30 October 2026.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A | Stable | 18 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 18 Aug 2026 | Reaffirmed | Crisil A | — | CRISIL | ₹ 101.5 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Oct 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 9 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 14 Apr 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 8 Jan 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 9 Oct 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 10 Jul 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 48 | 84 | 70 | 67 | 46 | 64 | 68 | 33 | 63 | 67 | 78 | 57 |
| Expenses | 40 | 68 | 55 | 52 | 38 | 46 | 55 | 28 | 51 | 54 | 63 | 46 |
| Operating Profit | 8 | 17 | 15 | 15 | 8 | 18 | 12 | 5 | 13 | 13 | 14 | 11 |
| OPM % | 16.4% | 19.8% | 21.6% | 22.7% | 17.1% | 28.2% | 18.2% | 15.7% | 19.8% | 19.3% | 18.4% | 18.9% |
| Other Income | 4 | 5 | 5 | 6 | 3 | 4 | 8 | 4 | 6 | −1 | 8 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 10 | 19 | 18 | 19 | 8 | 20 | 18 | 7 | 16 | 9 | 20 | 10 |
| Tax % | 23% | 22.1% | 19.5% | 32% | 26% | 24.4% | 21.4% | 22.4% | 22.4% | 28.8% | 21.6% | 25% |
| Net Profit | 8 | 15 | 15 | 13 | 6 | 15 | 14 | 5 | 13 | 6 | 15 | 8 |
| EPS in Rs | 13.09 | 25.73 | 25.62 | 22.64 | 10.73 | 25.78 | 25.1 | 9.27 | 21.7 | 11.03 | 26.66 | 13.57 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 5%
- 5 Years
- 13%
- 3 Years
- 10%
- TTM
- 25%
- 10 Years
- 9%
- 5 Years
- 25%
- 3 Years
- 19%
- TTM
- 3%
- 10 Years
- 19%
- 5 Years
- 42%
- 3 Years
- 15%
- TTM
- —
- 10 Years
- 7%
- 5 Years
- 8%
- 3 Years
- 10%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Eimco Elecon (India) | ₹ 2,145.00 | ₹ 1,251 Cr. | 32.1x | 2.8x | 8% | — |
| Escorts Kubota | ₹ 2,626.00 | ₹ 29,420 Cr. | 24x | 2.6x | 12% | 11.8% |
| Action Construction Equipment | ₹ 1,000.15 | ₹ 11,954 Cr. | 27.8x | 5.8x | 22.9% | 12.7% |
| ESAB India | ₹ 5,289.90 | ₹ 8,143 Cr. | 44.5x | 20.3x | 52.3% | 13.7% |
| AJAX Engineering | ₹ 552.60 | ₹ 6,324 Cr. | 30.1x | 4.9x | 17.7% | 10.7% |
| Texmaco Rail & Engineering | ₹ 99.20 | ₹ 4,034 Cr. | 23.6x | 2x | 7.6% | 3.9% |
Management
- Vishal C. Begwani
- Chief Financial Officer
- Rikenkumar Dalwadi
- Compliance Officer, Company Secretary
- Prayasvin Bhanubhai Patel
- Executive Director
- Kamlesh Nalin Shah
- Whole-time Director
Prices are delayed and for information only. Nothing on this page is investment advice.