Eimco Elecon (India (EIMCOELECO) | Financial Analysis & Statements
Eimco Elecon (India) Limited Small-cap Industrials
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2026Income Metrics
Revenue
668.8M
Gross Profit
322.1M
48.16%
Operating Income
104.8M
15.68%
Net Income
63.6M
9.52%
EPS (Diluted)
₹11.03
Balance Sheet Metrics
Total Assets
5.2B
Total Liabilities
566.5M
Shareholders Equity
4.7B
Debt to Equity
0.12
Cash Flow Metrics
Revenue & Profitability Trend
Quarter Income Flow
Mar 31, 2026
Annual Income Flow
2026
Eimco Elecon (India Income Statement From 2022 to 2026
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | 2.3B | 2.5B | 2.3B | 1.7B | 832.8M |
| Cost of Goods Sold | 1.1B | 1.1B | 1.2B | 966.5M | 424.7M |
| Gross Profit | 1.2B | 1.3B | 1.0B | 743.5M | 408.0M |
| Gross Margin % | 53.6% | 53.8% | 45.3% | 43.5% | 49.0% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 264.9M | 294.6M | 328.8M | 244.9M | 58.3M |
| Other Operating Expenses | 323.2M | 274.3M | 119.1M | 110.5M | 139.6M |
| Total Operating Expenses | 588.1M | 568.8M | 448.0M | 355.4M | 197.9M |
| Operating Income | 342.0M | 478.4M | 327.7M | 168.9M | 12.5M |
| Operating Margin % | 14.8% | 19.4% | 14.6% | 9.9% | 1.5% |
| Non-Operating Items | |||||
| Interest Income | - | 36.0M | 21.5M | 29.1M | 18.7M |
| Interest Expense | 8.5M | 5.6M | 514.0K | 1.6M | 983.0K |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 503.6M | 656.0M | 480.9M | 251.4M | 100.4M |
| Income Tax | 116.4M | 166.9M | 95.4M | 56.2M | 13.6M |
| Effective Tax Rate % | 23.1% | 25.4% | 19.8% | 22.3% | 13.5% |
| Net Income | 387.1M | 489.1M | 385.5M | 195.2M | 86.8M |
| Net Margin % | 16.8% | 19.8% | 17.1% | 11.4% | 10.4% |
| Key Metrics | |||||
| EBITDA | 599.8M | 744.8M | 427.3M | 284.0M | 116.4M |
| EPS (Basic) | ₹67.11 | ₹84.78 | ₹66.83 | ₹33.85 | ₹15.04 |
| EPS (Diluted) | ₹67.11 | ₹84.78 | ₹66.83 | ₹33.85 | ₹15.04 |
| Basic Shares Outstanding | 5768634 | 5768672 | 5768385 | 5768385 | 5768000 |
| Diluted Shares Outstanding | 5768634 | 5768672 | 5768385 | 5768385 | 5768000 |
Income Statement Trend
Join Our India Telegram Channel
Get Instant Market Updates: 52-Week High/Low Alerts, Breakout Notifications & Expert Stock Analysis Delivered To Your Phone. Join Traders Making Informed Decisions Daily!
Eimco Elecon (India Balance Sheet From 2022 to 2026
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 6.6M | 16.2M | 78.8M | 26.6M | 30.8M |
| Short-term Investments | 156.3M | 343.1M | 66.4M | 10.5M | 694.0M |
| Accounts Receivable | 724.9M | 684.8M | 937.8M | 528.3M | 391.2M |
| Inventory | 1.1B | 1.1B | 857.9M | 787.9M | 709.4M |
| Other Current Assets | 96.8M | 60.7M | 70.9M | 73.5M | 93.8M |
| Total Current Assets | 2.1B | 2.2B | 2.0B | 1.4B | 2.0B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 641.1M | 115.6M | 123.5M | 130.4M | 138.2M |
| Goodwill | 85.3M | 103.6M | 123.2M | 115.9M | 127.6M |
| Intangible Assets | - | 103.6M | 123.2M | 115.9M | 127.6M |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 482.5M | 273.0K | 2.5M | - | 1.0M |
| Total Non-Current Assets | 3.2B | 2.6B | 2.5B | 2.4B | 1.7B |
| Total Assets | 5.2B | 4.9B | 4.5B | 3.9B | 3.7B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 176.3M | 163.4M | 271.9M | 183.3M | 169.2M |
| Short-term Debt | 32.2M | 305.0K | 2.8M | 4.0M | 2.5M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 142.1M | 33.4M | 45.3M | 52.9M | 20.9M |
| Total Current Liabilities | 478.0M | 483.4M | 587.1M | 325.9M | 256.4M |
| Non-Current Liabilities | |||||
| Long-term Debt | 11.3M | 987.0K | 1.3M | 2.4M | 1.5M |
| Deferred Tax Liabilities | 77.0M | 75.7M | 52.8M | 50.8M | 66.9M |
| Other Non-Current Liabilities | - | - | - | - | - |
| Total Non-Current Liabilities | 88.5M | 76.9M | 54.9M | 54.5M | 70.6M |
| Total Liabilities | 566.5M | 560.4M | 642.0M | 380.4M | 327.0M |
| Equity | |||||
| Common Stock | 57.7M | 57.7M | 57.7M | 57.7M | 57.7M |
| Retained Earnings | - | 1.9B | 1.5B | 1.1B | 950.7M |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 4.7B | 4.3B | 3.9B | 3.5B | 3.3B |
| Key Metrics | |||||
| Total Debt | 43.5M | 1.3M | 4.1M | 6.4M | 4.0M |
| Working Capital | 1.6B | 1.8B | 1.4B | 1.1B | 1.7B |
Balance Sheet Composition
Eimco Elecon (India Cash Flow Statement From 2022 to 2026
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 503.6M | 656.0M | 480.9M | 251.4M | 100.4M |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | - | - | - | - | - |
| Working Capital Changes | -48.4M | 2.5M | -471.3M | -208.8M | -119.9M |
| Operating Cash Flow | 414.3M | 628.1M | -2.6M | 18.6M | -33.9M |
| Investing Activities | |||||
| Capital Expenditures | -593.4M | -59.6M | -45.3M | -27.2M | -16.3M |
| Acquisitions | - | - | - | - | - |
| Investment Purchases | - | -336.3M | -1.4M | -50.5M | - |
| Investment Sales | - | 64.0K | 169.0K | 222.0K | 78.5M |
| Investing Cash Flow | -593.4M | -395.7M | -46.4M | -77.3M | 62.3M |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | -28.8M | -28.9M | -29.0M | -14.6M | -28.9M |
| Debt Issuance | - | - | - | - | - |
| Debt Repayment | - | - | - | 0 | -8.3M |
| Financing Cash Flow | -28.8M | -28.9M | -29.0M | -14.6M | -37.2M |
| Free Cash Flow | -384.4M | 271.7M | 68.9M | 38.3M | -115.6M |
| Net Change in Cash | -208.0M | 203.5M | -78.0M | -73.4M | -8.8M |
Cash Flow Trend
Eimco Elecon (India Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
25.32
Forward P/E
17.89
Price to Book
2.10
Price to Sales
4.25
PEG Ratio
9.05
Profitability Ratios
Profit Margin
16.78%
Operating Margin
15.68%
Return on Equity
8.61%
Return on Assets
4.22%
Financial Health
Current Ratio
4.33
Debt to Equity
0.93
Beta
0.11
Per Share Data
EPS (TTM)
₹67.13
Book Value per Share
₹810.25
Revenue per Share
₹400.00
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| EIMCOELECO | 9.7B | 25.32 | 2.10 | 8.61% | 16.78% | 0.93 |
| Ashok Leyland | 998.0B | 30.23 | 7.91 | 19.61% | 6.15% | 327.89 |
| Escorts Kubota | 364.1B | 27.91 | 3.09 | 12.21% | 21.71% | 0.87 |
| Vst Tillers Tractors | 44.8B | 36.97 | 4.33 | 9.28% | 10.22% | 0.17 |
| Uniparts India | 22.7B | 17.45 | 2.47 | 9.92% | 11.99% | 13.13 |
| Indef Manufacturing | 10.0B | 35.59 | 3.72 | 13.51% | 13.98% | 1.57 |
Financial data is updated regularly. All figures are in the company's reporting currency.




