Compliance updated on Jun 19, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

Elecon Engineering Company Ltd

ELECON.NS ✓ COMPLIANT ☆ Track — members

NSE India · Industrials · Industrial Machinery & Equipment ·

India Small Cap Analyst: BUY

Last Close

$4.53

▼ -2.47%

Market Cap $1.02B · Vol 406.87K

Key Metrics

P/E Ratio

41.07

FWD: 23.00

Market Cap

$1.02B

Small Cap

Div Yield

0.46%

Semi-annual dividend

EPS Growth

+2.10%

YoY

RSI (14)

54.84

Momentum

Beta

1.64

vs Market

52W High

$6.65

37.25% below

52W Low

$3.69

21.43% above

Volume

406.87K

Avg 575.00K

P/B

3.45

Price-to-book

ROE

35.00%

Return on equity

Free Float

36.84%

Public shares

Shariah Compliance8 STANDARDS

✓ Yes, Elecon Engineering Company Ltd (ELECON.NS) stock is Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

Unlock the full Shariah report

See the verdict under each standard, the exact screening ratios, purification and zakat per share. AAOIFI-certified methodology trusted by global Islamic funds.

Which standards does ELECON.NS pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

Do I need to purify my investment?

Members see the purification amount per share, updated every financial period under the AAOIFI methodology.

Can I calculate zakat for my shares?

Members get zakat per share and a built-in calculator for their exact holding.

Historical Returns

-1.26%

-11.14%

-13.36%

-0.43%

YTD

-10.20%

-21.75%

-9.28%

+434.95%

Financials & Valuation

TTM · Annual

Total Revenue	$253.17M
Net Income	$36.50M
Revenue Growth (YoY)	+6.11%
Gross Margin	40.63%
Operating Margin	17.81%
Net Profit Margin	14.42%
ROE	35.00%
ROA · ROIC	15.24% · 15.06%

P/E Ratio	41.07
Forward P/E (FY1)	23.00
PEG Ratio	-1.31
P/S	3.36
P/B	3.45
P/FCF	33.05
EPS Growth	+2.10%
Outstanding Shares	224.40M

Technical Indicators

50-Day SMA	$5.10
200-Day SMA	$4.93
RSI (14)	54.84
Beta	1.64
52-Week High	$6.65
52-Week Low	$3.69

Volume Today	406.87K
Avg Daily Volume (30D)	575.00K
Relative Volume	0.71x
Volatility (10D)	28.83
Volatility (30D)	30.99
Free Float	36.84%

Analyst Consensus

BUY

Current Price $4.53

Mean Target $5.82

52W Low$3.69 52W High$6.65

Current

Target

$3.69 $6.65

Current Analyst target

+28.43% upside potential · 3 analysts

Identifiers

ExchangeNSE India

FIGIBBG001S837N5

ISININE205B01031

CountryIndia

Sub-IndustryIndustrial Machinery & Equipment (NEC)

Earnings DateOct 8, 2026

TypeStocks

Instrument TypeFULLPAID Fully Paid Ordinary

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Company Profile

Elecon Engineering Company Limited is an India-based company that is engaged in the designing and manufacturing of material handling equipment and industrial gear and is also involved in providing erection and commissioning solutions for its products. The Company operates through two segments: Transmission Equipment and Material Handling Equipment. The Transmission Equipment segment is engaged in the manufacturing of transmission equipment like gearboxes, couplings, and elevator traction machines. The Material Handling Equipment segment is engaged in manufacturing of material handling equipment like raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment. It is also engaged in executing projects on material handling equipment and systems. The Company has manufacturing units at Vallabh Vidyanagar, Gujarat. Its products are sold in both the national and international markets.