EIMCOELECO

Eimco Elecon (India) Limited

Eimco Elecon (India) Limited (EIMCOELECO) financial statements and selected valuation metrics through 30 September 2026.

Industrials›Capital Goods›Industrial Manufacturing›Industrial Products

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Key metrics

Price as of 2026-10-16

Stock price
₹2295.30
Market cap
1,324 Cr
Stock P/E
31.5
P/B
2.71
Dividend yield
0.2%
ROE (FY24)
10.0%
ROCE (FY24)
12.7%
Operating margin (FY24)
14.3%
Debt / equity (FY24)
0.0011
OCF / EBITDA (FY26)
51.5%
OCF / EBITDA (3Y)
48.2%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Eimco Elecon makes machinery and spares at its works in Vallabh Vidyanagar, Gujarat, and that is its only reportable business segment.

Company snapshot

45thBy market cap

Ranked among 69 companies in Industrial Products.

What we see

Positives
  • ✓Net margin of 16.9% — the business keeps a healthy share of every rupee it earns.
Concerns
  • ✗Only 48% of operating profit came in as cash over the last three years — much of it is tied up in unpaid bills or stock.
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Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Sales48 Cr84 Cr70 Cr67 Cr46 Cr64 Cr68 Cr33 Cr63 Cr67 Cr78 Cr57 Cr
Operating expenses (approx.)40 Cr68 Cr55 Cr52 Cr38 Cr46 Cr55 Cr28 Cr51 Cr54 Cr63 Cr46 Cr
EBITDA8 Cr17 Cr15 Cr15 Cr8 Cr18 Cr12 Cr5 Cr13 Cr13 Cr14 Cr11 Cr
OPM %16.3%19.8%21.6%22.7%17.1%28.2%18.2%15.7%19.8%19.3%18.4%18.9%
Other income4 Cr5 Cr5 Cr6 Cr3 Cr4 Cr8 Cr4 Cr6 Cr-1 Cr8 Cr2 Cr
Interest0.32 Cr0.30 Cr0.19 Cr0.14 Cr0.10 Cr0.13 Cr0.12 Cr0.16 Cr0.34 Cr0.23 Cr0.28 Cr0.12 Cr
Depreciation2 Cr2 Cr2 Cr2 Cr2 Cr3 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr
Profit before tax10 Cr19 Cr18 Cr19 Cr8 Cr20 Cr18 Cr7 Cr16 Cr9 Cr20 Cr10 Cr
Tax %23.0%22.1%19.5%32.0%25.9%24.4%21.3%22.4%22.3%28.8%21.6%25.0%
Net profit8 Cr15 Cr15 Cr13 Cr6 Cr15 Cr14 Cr5 Cr13 Cr6 Cr15 Cr8 Cr
EPS (₹)₹13.08₹25.72₹25.63₹22.64₹10.73₹25.78₹25.11₹9.28₹21.70₹11.03₹26.66₹13.58

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales185 Cr142 Cr185 Cr108 Cr126 Cr84 Cr173 Cr228 Cr246 Cr231 CrSign in free for the trailing twelve months
Operating expenses (approx.)164 Cr127 Cr159 Cr102 Cr115 Cr75 Cr148 Cr188 Cr190 Cr188 CrSign in free for the trailing twelve months
EBITDA22 Cr15 Cr25 Cr6 Cr11 Cr9 Cr24 Cr40 Cr56 Cr43 CrSign in free for the trailing twelve months
OPM %11.8%10.8%13.7%5.4%8.6%10.9%14.1%17.6%22.8%18.6%Sign in free for the trailing twelve months
Other income13 Cr10 Cr11 Cr11 Cr11 Cr9 Cr10 Cr18 Cr18 Cr17 CrSign in free for the trailing twelve months
Interest0.38 Cr0.54 Cr0.57 Cr0.51 Cr0.62 Cr0.43 Cr0.50 Cr0.94 Cr0.56 Cr0.85 CrSign in free for the trailing twelve months
Depreciation5 Cr5 Cr5 Cr6 Cr7 Cr8 Cr8 Cr7 Cr8 Cr9 CrSign in free for the trailing twelve months
Profit before tax30 Cr19 Cr30 Cr10 Cr14 Cr10 Cr26 Cr50 Cr66 Cr50 CrSign in free for the trailing twelve months
Tax %15.8%15.4%23.7%7.8%21.1%13.7%21.2%19.1%25.4%23.1%Sign in free for the trailing twelve months
Net profit25 Cr16 Cr23 Cr9 Cr11 Cr9 Cr21 Cr40 Cr49 Cr39 CrSign in free for the trailing twelve months
EPS (₹)₹43.50₹28.51₹40.25₹16.31₹19.51₹14.77₹36.18₹70.06₹84.78₹67.11Sign in free for the trailing twelve months
Dividend payout %————25.6%33.9%7.0%7.2%5.9%7.4%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital6 Cr6 Cr6 Cr6 Cr6 Cr6 Cr6 Cr6 Cr6 Cr6 Cr
Reserves273 Cr286 Cr306 Cr310 Cr318 Cr324 Cr343 Cr380 Cr426 Cr462 Cr
Borrowings—0.62 Cr2 Cr1 Cr0.65 Cr0.40 Cr—0.41 Cr0.13 Cr3 Cr
Other liabilities32 Cr43 Cr37 Cr33 Cr42 Cr32 Cr38 Cr64 Cr56 Cr54 Cr
Total liabilities311 Cr335 Cr350 Cr350 Cr367 Cr362 Cr387 Cr450 Cr488 Cr524 Cr
Fixed assets (net)64 Cr73 Cr71 Cr60 Cr59 Cr56 Cr62 Cr58 Cr57 Cr64 Cr
CWIP—0.73 Cr9 Cr11 Cr0.40 Cr0.05 Cr0.52 Cr0.08 Cr1 Cr2 Cr
Investments143 Cr143 Cr153 Cr156 Cr158 Cr156 Cr167 Cr182 Cr229 Cr207 Cr
Inventories34 Cr39 Cr40 Cr53 Cr37 Cr71 Cr79 Cr86 Cr112 Cr109 Cr
Trade receivables49 Cr60 Cr61 Cr31 Cr61 Cr39 Cr53 Cr94 Cr68 Cr72 Cr
Cash & bank2 Cr4 Cr4 Cr7 Cr9 Cr3 Cr3 Cr8 Cr2 Cr0.66 Cr
Other assets19 Cr16 Cr13 Cr33 Cr41 Cr37 Cr23 Cr22 Cr19 Cr70 Cr
Total assets311 Cr335 Cr350 Cr350 Cr367 Cr362 Cr387 Cr450 Cr488 Cr524 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity19 Cr10 Cr10 Cr11 Cr3 Cr-11 Cr7 Cr12 Cr33 Cr22 Cr
Cash from investing-15 Cr-5 Cr-8 Cr-3 Cr3 Cr8 Cr-5 Cr-2 Cr-36 Cr-22 Cr
Cash from financing-3 Cr-3 Cr-3 Cr-5 Cr-3 Cr-3 Cr-2 Cr-4 Cr-4 Cr-1 Cr
Net cash flow0.90 Cr2 Cr-0.46 Cr3 Cr3 Cr-6 Cr-0.42 Cr5 Cr-6 Cr-0.96 Cr
Free cash flow (OCF − Capex)15 Cr-6 Cr-2 Cr2 Cr-3 Cr-13 Cr4 Cr7 Cr27 Cr-38 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
ROCE %10.6%6.7%9.8%3.4%4.5%3.1%7.3%12.7%
ROE %8.8%5.5%7.4%3.0%3.4%2.6%5.6%10.0%
Debtor days96154120104178169111150
Inventory days223256233413452623612361
Days payable90159115134235148142114
Cash conversion cycle229251237383395643581397
OCF / EBITDA %85.1%63.8%39.8%195.6%24.0%-119.5%27.4%29.0%
OCF / EBITDA % (3 years)——61.6%67.4%57.5%11.7%-3.9%9.9%
Debt / equity—0.00210.00520.00340.00200.0012—0.0011
Current ratio7.405.184.334.994.117.714.423.45
Net debt / EBITDA-0.10—-0.08-0.97-0.81-0.29-0.11-0.19