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Elecon Engineering Company Limited (ELECON.BO)

Bombay Stock Exchange (India) Industrials Industrial - MachineryView data quality →
62.6Fair

ValueMarkers Composite Index

Top 87%#5,765 of 44,707
Undervalued

83% below intrinsic value ($28)

UndervaluedFair ValueOvervalued
Piotroski
5/9
Neutral
Beneish
-1.93
Investigate
Altman
10.72
Safe
DCF Value
$28
Undervalued
ROIC
21.1%
Strong
P/E
19.3
Fair
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Elecon Engineering Company Limited (ELECON.BO) — VMCI valuation read

Headline read on ELECON.BO: VMCI of 63/100 versus a Industrials sector median of 50. The 13-point above-median position is what makes Elecon Engineering Company Limited a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on ELECON.BO: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on ELECON.BO: value (ELECON.BO trades at 23.0x earnings, 28% above the Industrials median of 18.0x), quality (ROIC of 11.0% sits 1.0pp above the Industrials median (10.0%)), and risk (net debt to EBITDA of 2.0x is the rate-sensitivity line to watch). The value read also implies an EV/EBITDA gap of +4.0x against the Industrials 12.0x baseline.

ELECON.BO rose 0.5% over the trailing 7 days, with a -7.0% read on a 30-day basis.

Elecon Engineering Company Limited manufactures and sells power transmission and material handling equipment in India and internationally. The company operates in two segments, Material Handling Equipment and Transmission Equipment. It provides helical and bevel helical, planetary, worm, high speed, wind turbine, marine, and custom-built gear boxes; customized gear boxes; loose gears; vertical roller mill drives; elign geared, elflex flexible, fluid, scoop controlled variable speed controlled fluid, and torsion shaft couplings; and elevator traction machines. The company also provides material handling equipment, such as raw material handling systems, stackers, scrapers/reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers and associated equipment, feeders, idlers and pulleys, magnates/weighers/detectors, port equipment, and cable reeling drums; and alternate energy products. In addition, it engages in the ferrous and non-ferrous foundry business. Further, the company offers gearbox repair and refurbish services; and material handling equipment support services. It serves cement, sugar, defense, steel, mining, power, plastic, material handling, chemical, palm oil, crane, paper, rubber, marine, and fertilizer industries, as well as windmills and ports. Elecon Engineering Company Limited was founded in 1951 and is based in Vallabh Vidyanagar, India.

CEO: Prayasvin Bhanubhai Patel1,974 employeesINwww.elecon.com

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