This Vijay Kedia stock engaged in designing, manufacturing, and marketing industrial gears, material handling equipment, and transmission products for diverse engineering and industrial sectors, is in focus after the company reported March quarterly results with a 50.80 percent QOQ increase in revenue.
Stock Price Movement
With a market capitalization of Rs. 11,566.69 crores, the share of Elecon Engineering Company Limited has reached an intraday high of Rs. 552 per equity share, rising nearly 2.25 percent from its previous day’s close price of Rs. 539.85. Since then, the stock has retreated and is currently trading at Rs. 515.45 per equity share.
Q4 FY25 Result Walkthrough
Coming into the quarterly results of Elecon Engineering Company Limited, the company’s consolidated revenue from operations increased by 41.26 percent YOY, from Rs. 564.62 crore in Q4 FY24 to Rs. 797.57 crore in Q4 FY25, and grew by 50.80 percent QoQ from Rs. 528.89 crore in Q3 FY25.
Elecon Engineering Company Limited generated 73.71 percent of its revenue from transmission equipment sales and 26.29 percent from material handling equipment sales in Q4 FY25.
In Q4 FY25, Elecon Engineering Company Limited’s consolidated net profit increased by 41.32 percent YOY, reaching Rs. 146.48 crore compared to Rs. 103.65 crore during the same period last year. As compared to Q4 FY25, the net profit has increased by 36.21 percent, from Rs. 107.54 crore in Q3 FY25.
The basic earnings per share increased by 41.34 percent and stood at Rs. 6.53 as against Rs. 4.62 recorded in the same quarter in the previous year 2024.
Financial Highlights (FY24-25)
Elecon Engineering Company Limited’s revenue has increased from Rs. 1,937.42 crore in FY24 to Rs. 2,226.96 crore in FY25, which is a growth of 14.94 percent. The net profit has also grown by 16.74 percent, from Rs. 355.58 crore in FY24 to Rs. 415.10 crore in FY25.
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Global Presence
Elecon is a global MNC with a strong distribution network, serving over 95 countries. The company operates 2 R&D centers in India and has manufacturing, assembly, and repair centers worldwide. It has more than 110 distributors, over 35 customer representatives, and a strong presence in the domestic market with more than 65 distributors.
Clientele
The company has built a strong relationship with marquee clients across industries, serving both the Gear and MHE segments. The company serves esteemed clients such as Adani, BHEL, NTPC, Tata Steel, and ArcelorMittal, reflecting its trusted reputation and industry leadership.
Shareholding Pattern
Ace investor Vijay Kishanlal Kedia holds a 1.05 percent stake in Elecon Engineering Company Limited, valued at Rs. 122.7 crores, consisting of 23.50 lakh shares
Company Overview
Elecon Engineering Company Limited was established in 1951 and is a leading manufacturer of industrial gears and material handling equipment. Serving sectors like power, steel, mining, and cement, Elecon delivers innovative engineering solutions across India and global markets.
Written By – Nikhil Naik
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