Elecon Engineering Company share price today

Elecon Engineering Company Ltd's share price was ₹438.85 at the close on 4 November 2026. It has been falling for 12 weeks. That is 5.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹372 and ₹559, and at that close it sat 36% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Elecon Engineering Company Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 4 weeks in a row.

Over the last 11 years the share price moved +1,398% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: foreign funds (FIIs) cut their stake for 5 quarters in a row and profit grew again in the September 2026 quarter.

1. Foreign funds (FIIs) cut their stake for 5 quarters in a row

   From 9.6% to 6.9% of the company by the September 2026 quarter.

2. Profit grew again in the September 2026 quarter

   Profit was ₹96 crore, +9.1% on a year earlier (₹88 crore), after 3 quarters of decline.

For July to September 2026 (the quarter ended 30 September 2026), Elecon Engineering Company reported revenue of ₹639 crore, up 10.6% from ₹578 crore a year earlier, and a profit of ₹96.0 crore, up 9.1% from ₹88.0 crore.

Elecon Engineering Company results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Elecon Engineering Company's management discussed these results on a call held on 15 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Elecon Engineering Company closed at ₹438.85 on 4 November 2026, down 18.4% from ₹537.75 a year earlier (7 November 2025) and up 420.9% over five years. Its highest weekly close since March 2016 was ₹695.30 on 27 September 2024.

Elecon Engineering Company share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Elecon Engineering Company closed at ₹438.85, up 4.6% on the week and down 0.3% on the month. 21 Oct 2026: ex-date for an interim dividend of ₹0.50 a share.

Earlier

• 15 Oct 2026: Elecon Engineering Company held its results call for July to September 2026. Management guided: H2 FY27 consolidated revenue growth around 15%.
• Results for July to September 2026: Revenue up 10.6% and profit up 9.1% on a year earlier.
• 12 Jun 2026: ex-date for a dividend of ₹1.50 a share.
• 19 Jul 2024: Share split: face value cut from ₹2 to ₹1 a share (ex-date).

Elecon Engineering Company paid ₹2 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 0.46% at the ₹438.85 close on 4 November 2026. The last was an interim dividend of ₹0.50 a share, ex-date 21 October 2026.

Elecon Engineering Company dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Elecon Engineering Company Ltd paid out 13% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 15 October 2026, Elecon Engineering Company's management guided: H2 FY27 consolidated revenue growth around 15%.

“We are confident that by FY30 we should achieve 50% of our turnover from overseas markets.”Prayaswin Patel, Chairman & Managing Director, on the call for July to September 2026

What management guided

• H2 FY27 consolidated operating margin at least FY26 level.
• MHE FY27 margin 22%-24%.
• Gear operating margin trajectory 20%-22%.
• FY30 consolidated revenue ₹5,000 crore and overseas mix 50%.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 15 October 2026.

When Elecon Engineering Company reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Post-Diwali customer clearances: check whether finished goods convert into billed deliveries through H2.

Elecon Engineering Company is not on any of our India lists this week.

Elecon Engineering Company Ltd earned ₹96.0 Cr of net profit in the Sep 2026 quarter, +9.1% on the same quarter a year earlier. Full-year FY26 profit was ₹341 Cr. Over 10 years profit has grown 24.9% a year on average. That is 15.0% of the quarter's revenue. The same quarter a year earlier earned ₹88.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹341 Cr (−17.8% on the year before).

Why profit moved: revenue changed +10.6% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −45.0% and revenue +3.6%. Profit is growing slower than sales: rising costs are taking part of the growth.

Elecon Engineering Company Ltd reported ₹639 Cr of revenue in the Sep 2026 quarter, +10.6% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 6.3% a year on average. The last full year, FY26, came in at ₹2,366 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,458 Cr.

FY26 revenue was ₹2,366 Cr, +6.2% on the year before.

Recent pace: the last four quarters grew +3.6% on average, against 6.3% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +2.6%, against +12.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −52.8%, against −17.1% a year (rolling over).

Elecon Engineering Company Ltd's operating margin was 23.0% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 11.0% and 25.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +1.4 percentage points on the year while gross margin changed +5.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 99% of Elecon Engineering Company Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹314 Cr of operating cash against ₹341 Cr of profit. After ₹136 Cr of spending on assets, ₹178 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 99% of profit came in as cash: the cash cycle got 69 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 1.9× depreciation over three years. The next section checks what that spending is building.

Elecon Engineering Company Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 115 days in FY26, up from 46 days in FY21. It spent ₹415 Cr on assets over the last 3 years. Customers take 111 days to pay, and stock sits for 98 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,366 Cr, each day of that cycle ties up about ₹6.5 Cr, so roughly ₹745 Cr is tied up in the business at any time.

FY26: customers took 111 days to pay and stock sat for 98 days, about 3.2 months of sales sitting as stock, for a full cycle of 115 days, longer than FY21's 46.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 98 days. Customers pay about 111 days after that. Suppliers are paid at 94 days. Together that makes the 115-day cycle.

Spending on assets: ₹415 Cr over the last 3 years, against ₹216 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹23.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Elecon Engineering Company Ltd's P/E is 31.7×, near the high end of its own history: higher than 71% of past readings. Its usual P/E (the middle reading) is 23.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹10.91.