NSE: EIMCOELECO · BSE: 523708 · ISIN INE158B01016
Eimco Elecon (India) Limited stock analysis
Eimco Elecon (India) Limited ranks #2177 in the TickerSutra evidence-ranked universe with a score of 48/100 and 95% data confidence. The latest captured fundamentals show ROCE of 10.3%, quarterly sales growth of 14.7% and quarterly profit growth of 6.2%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.01×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
- Operating margin has compressed materially
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹84cr | ₹9cr | ₹9cr | 11.0% |
| 2023 | ₹173cr | ₹24cr | ₹21cr | 14.0% |
| 2024 | ₹228cr | ₹40cr | ₹40cr | 18.0% |
| 2025 | ₹246cr | ₹56cr | ₹49cr | 23.0% |
| 2026 | ₹231cr | ₹43cr | ₹39cr | 19.0% |
| TTM | ₹241cr | ₹45cr | ₹40cr | 19.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
MANAGEMENT COMMENTARY
Signals from filed documents
Operationally, the Company also benefited from its widespread service and distribution network across key mining regions in India, enabling timely customer support and higher equipment uptime. This, combined with a focus on indigenisation and cost optimisation, has supported margin improvement during the year. Overall, the Company’s performance reflects a balanced approach towards growth and operational excellence.
Looking ahead, our priorities remain clear-improving working capital efficiency, strengthening cash generation, and sustaining investments in innovation. We are confident that these actions will deliver a decisive improvement in performance and firmly position the Company for sustained, long-term value creation. Vishal Begwani Chief Financial Officer HATTI TUMMALAPALLI KHETRI Manufacturing Facility & HO Sales/Service
Overall, the Company’s performance reflects a balanced approach towards growth and operational excellence. Continued investments in capacity expansion, product development, and market diversification position the Company well to capitalise on emerging opportunities in India’s mining and infrastructure sectors, while maintaining a strong foundation for sustainable long-term growth. COMPANY PERFORMANCE supported by ong
Further, the Company operates in a highly competitive environment with both domestic and international players, necessitating continuous innovation and cost competitiveness. Regulatory risks, including changes in mining policies, environmental norms, and government regulations, may impact project approvals and execution. The Company continues to closely monitor these developments and adopts proactive risk mitigation
The Company has through the Postal Ballot process which was concluded on December 27, 2025 by Special Resolutions approved Adoption of new set of Memorandum of Association of the Company as per the Companies Act, 2013 and approved Alteration of Objects clause in Memorandum of Association of the Company. The shareholders have also approved by Ordinary Resolution Re-classification of Tamrock Great Britain Holdings Limi
Any website where results or official news are displayed. The presentation made to institutional investors or to the analysts.No. Whether Management Discussion and Analysis is part of Annual Report or not Yes GENERAL SHAREHOLDER INFORMATION i.
The revenues have been disclosed in Note No. The disaggregation of revenues is as under: Particulars March 31, 2026 March 31, 2025 Revenue from contracts with customers Revenues from sale of Products 22,878.59 24,463.07 Other Operating Revenue - Job work income 32.03 2.19 - Revenues from sale of scrap 119.14 130.76 - Windmill electricity income 39.67 50.55 - Duty Drawback Scheme benefits 5.22 0.68 Total 23,074.65 24,
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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