| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 639 | 578 | +10.5% |
| EBITDA | 148 | 126 | +17.7% |
| EBITDA margin | 23.2% | 21.7% | +1.4 pts |
| Profit before tax | 125 | 113 | +10.4% |
| Net profit | 96.4 | 87.7 | +9.8% |
| EPS | ₹4.29 | ₹3.91 | +9.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 9,636 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 812 | 764 | 573 | 313 | 101 | ||
| 0.0 | 0.0 | 3.3 | 0.0 | 0.0 | ||
| 8,823 | — | — | — | — | ||
| 2,457 | 2,366 | 2,227 | 1,937 | 1,530 | ||
| — | +6.2% | +14.9% | +26.7% | — | ||
| 524 | 523 | 543 | 474 | 339 | ||
| 21.3% | 22.1% | 24.4% | 24.5% | 22.2% | ||
| 407 | 419 | 482 | 424 | 290 | ||
| 245 | 341 | 415 | 356 | 237 | ||
| 10.0% | 14.4% | 18.6% | 18.4% | 15.5% | ||
| ₹10.90 | ₹15.20 | ₹18.50 | ₹15.85 | ₹10.58 | ||
| — | −17.8% | +16.7% | +49.7% | — | ||
| — | 314 | 432 | 365 | 310 | ||
| — | −120 | −66.0 | −31.5 | −47.1 | ||
| 195 | 195 | 366 | 333 | 263 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 9,635.7 | |
| - Cash, Equiv & ST Investments | 101.4 | 313.0 | 573.4 | 763.6 | 812.3 | |
| + Total Debt | 0.0 | 0.0 | 3.3 | 0.0 | 0.0 | |
| Enterprise Value | — | — | — | — | 8,823.4 | |
| Revenue | 1,529.7 | 1,937.4 | 2,227.0 | 2,366.1 | 2,456.9 | |
| Growth %, YoY | — | +26.7 | +14.9 | +6.2 | — | |
| EBITDA | 338.9 | 474.5 | 542.6 | 523.1 | 524.2 | |
| Margin % | 22.15 | 24.49 | 24.36 | 22.11 | 21.34 | |
| EBIT | 289.8 | 423.6 | 481.8 | 418.9 | 407.4 | |
| Net Income | 237.5 | 355.6 | 415.1 | 341.2 | 244.7 | |
| Margin % | 15.53 | 18.35 | 18.64 | 14.42 | 9.96 | |
| EPS, Adj (current shares) | 10.58 | 15.85 | 18.50 | 15.20 | 10.90 | |
| Growth %, YoY | — | +49.7 | +16.7 | -17.8 | — | |
| Cash from Operations | 310.0 | 364.8 | 432.3 | 314.2 | — | |
| Capital Expenditures | -47.1 | -31.5 | -66.0 | -119.5 | — | |
| Free Cash Flow | 263.0 | 333.3 | 366.3 | 194.7 | 194.7 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Elecon Engineering (NSE: ELECON) had a market capitalisation of ₹9,818 crore at the 29 October 2026 close (₹437.50 a share), a PE ratio of 40.1 on the last four quarters' profit and a price-to-book ratio of 3.91. In FY26 its consolidated net profit was ₹341 crore on revenue of ₹2,366 crore; in Q2 FY27 (July–September 2026) it was ₹96.4 crore, up 9.8% year on year. It had no borrowings on 30 September 2026. Promoters held 59.27% of the shares on 30 September 2026.
Elecon Engineering's PE ratio is 40.1 at the 29 October 2026 close (₹437.50 a share): a market capitalisation of ₹9,818 crore divided by consolidated net profit of ₹245 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹341 crore) it is 28.8. These four quarters include net exceptional items of −₹102 crore (one-off charges reported separately), so the ratio on recurring profit would differ.
Elecon Engineering's price-to-book (PB) ratio is 3.91 at the 29 October 2026 close: a market capitalisation of ₹9,818 crore divided by shareholders' equity (book value) of ₹2,509 crore on 30 September 2026. That is a book value of ₹111.82 per share against a share price of ₹437.50.
In FY26, Elecon Engineering's return on equity (ROE) was 15.9% and its return on capital employed (ROCE) was 17.6%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 23.0% and ROCE 24.6%.
Elecon Engineering's market capitalisation was ₹9,818 crore at the 29 October 2026 close: 22.44 crore shares at ₹437.50 each.
Yes. Elecon Engineering had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹985 crore of cash, bank balances and current investments.
Elecon Engineering's basic earnings per share (EPS) were ₹15.20 in FY26, against ₹18.50 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹10.91.
Elecon Engineering's debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹2,509 crore. A year earlier, on 30 September 2025, it was 0.00.
Elecon Engineering's dividend yield is 0.46% at the 29 October 2026 close: dividends of ₹2 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹437.50. They were ₹0.50 on 21 October 2026 (interim) and ₹1.50 on 12 June 2026.
In 2026, Elecon Engineering has declared two dividends totalling ₹2 a share: ₹1.50 with record date 12 June 2026 and ₹0.50 (interim) with record date 21 October 2026.
Elecon Engineering's net worth — shareholders' equity in its consolidated balance sheet — was ₹2,509 crore on 30 September 2026, up 11.8% from ₹2,244 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹9,818 crore at the 29 October 2026 close.
Elecon Engineering's book value per share was ₹111.82 on 30 September 2026: shareholders' equity of ₹2,509 crore divided by the 22.44 crore shares in issue, up 11.8% from ₹100.00 a year earlier. The share price at the 29 October 2026 close was ₹437.50.
Elecon Engineering's latest results are for Q2 FY27 (July–September 2026), filed on 14 October 2026: consolidated net profit ₹96.4 crore, up 9.8% from ₹87.7 crore in Q2 FY26; revenue from operations ₹639 crore, up 10.5% year on year.
Promoters held 59.27% of Elecon Engineering on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Elecon Engineering generated ₹314 crore of cash from operations and spent ₹120 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹195 crore. In FY25 it was ₹366 crore.
Elecon Engineering has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On 30 September 2026, Elecon Engineering's shares were held by promoters 59.27%, foreign portfolio investors (FII/FPI) 6.93%, domestic institutions (DII) 7.08% (including mutual funds at 6.73%) and retail and other non-institutional investors 26.68%. Over the year, FII holding was down 1.38 percentage points from 8.31% and DII holding was up 2.95 percentage points from 4.13%.
In FY26 (April 2025–March 2026), Elecon Engineering's consolidated net profit was ₹341 crore, down 17.8% from ₹415 crore in FY25, on revenue from operations of ₹2,366 crore (up 6.2%). Over three years, from FY23, net profit was up 43.6%.
At the 29 October 2026 closing prices, on FY26 net profit, Elecon Engineering's PE ratio is 28.8, the second highest of the four: Elgi Equipments 37.7, Emmvee Photovoltaic Power 15.6 and Finolex Cables 25.0, a peer average of 26.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Elgi Equipments, Emmvee Photovoltaic Power and Finolex Cables: Elecon Engineering's operating margin of 17.7% is the second highest of the four (Elgi Equipments 12.5%, Emmvee Photovoltaic Power 28.5%, Finolex Cables 8.9%; peer average 16.6%); its return on equity of 15.9% is the third highest of the four (Elgi Equipments 21.0%, Emmvee Photovoltaic Power 29.3%, Finolex Cables 12.3%; peer average 20.9%).
In FY26, Elecon Engineering earned net profit of ₹341 crore on revenue of ₹2,366 crore, against ₹430 crore on ₹3,951 crore for Elgi Equipments. Elecon Engineering's operating margin was 17.7% (Elgi Equipments 12.5%) and its return on equity 15.9% (Elgi Equipments 21.0%). At the 29 October 2026 close, Elecon Engineering's market capitalisation was ₹9,818 crore against ₹16,202 crore for Elgi Equipments, and its PE ratio on FY26 profit 28.8 against 37.7.
From Elecon Engineering's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.