429.50
+2.52%
Close of 9 Nov 2026, in INR
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About Elecon Engineering Company
Its shares trade on NSE under the ticker ELECON.NS. It has been listed since 7 December 1992. In the fiscal year to 31 March 2026, it reported revenue of ₹23.66bn and net income of ₹3.41bn. At that date it held total assets of ₹32.34bn and shareholders' equity of ₹23.06bn.
Elecon Engineering Co. Ltd. engages in the manufacture and sale of material handling equipment and industrial gears. The company is headquartered in Vallabh Vidyanagar, Gujarat. The Company’s operating segments are material handling equipment and transmission equipment. Its Material handling equipment segment is engaged in manufacturing material handling equipment’s like raw material handling systems, stackers, reclaimers, bagging & weighing machines, wagon & truck loaders, crushers, wagon tipplers, feeder’s ad port equipment. The company is also engaged in executing projects on this material handling equipment. The company Transmission equipment segment manufacturing of material transmission equipment like gearboxes, couplings, and elevator traction machines.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Electrical Equipment
- Listed since
- 7 Dec 1992
- Employees
- 652
- Website
- elecon.com ↗
Leadership
Pay as last reported
- Shri. Prayasvin PatelExecutive Non-Independent Chairman of the Board, Managing Director, since 1983₹226.6m
- Shri. Narasimhan RaghunathanChief Financial Officer₹5.8m
- Smt. Bharti IsaraniCompliance Officer, Company Secretary₹2.3m
- Shri. Prashantbhai AminNon-Executive Non-Independent Director, since 2008₹1.4m
- Shri. Pradip PatelNon-Executive Non-Independent Director₹1.5m
- Shri. Aayush ShahNon-Independent Non-Executive Director₹1.4m
- Shri. Pranav AminNon-Executive Independent Director₹1.4m
- Shri. Nirmal BhogilalNon-Executive Independent Director₹1.5m
- Shri. Ashutosh PednekarNon-Executive Independent Director₹1.5m
- Mrs. Natasha TreasurywalaAdditional Non-Executive Independent Woman Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 67
- Environment
- 48
- Social
- 99
- Governance
- 53
- Direct emissions (scope 1)
- 2,361.24 t
- Energy emissions (scope 2)
- 12,681.26 t
- Women in the workforce
- 0.90514%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Elecon Engineering employs 652 full-time employees in Vallabh Vidyanagar, Gujarat.
- Material handling equipment segments include raw material handling systems and stackers.
- Transmission equipment segments produce gearboxes and elevator traction machines.
Weaknesses
- Vallabh Vidyanagar, Gujarat, is a small city with limited infrastructure.
- The company has no mention of international markets in its business description.
- Elecon Engineering has no digital transformation initiatives mentioned.
Opportunities
- India's growing industrial sector offers expansion opportunities for material handling equipment.
- The transmission equipment segment can target new markets in the automotive industry.
- Gujarat's industrial growth supports Elecon Engineering's material handling equipment business.
Threats
- Competition from larger industrial equipment manufacturers in India.
- Economic downturns may reduce demand for industrial equipment.
- Fluctuating raw material prices impact production costs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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