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The quarter ended December 2019 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 2121.39 millions.Profit after tax for the quarter ended December 2019 reported a huge growth of 57.26% to Rs. 43.45 millions from Rs. 27.63 millions.OP of the company witnessed a marginal growth to 351.44 millions from 319.98 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 2121.39 2091.48 1.43 6311.17 7033.36 -10.27 9537.46 9195.37 3.72 Other Income 59.26 95.10 -37.69 106.29 209.72 -49.32 237.43 105.57 124.90 PBIDT 351.44 319.98 9.83 1001.28 985.75 1.58 1355.15 1199.23 13.00 Interest 182.46 141.09 29.32 532.28 460.72 15.53 640.81 667.65 -4.02 PBDT 168.98 178.89 -5.54 469.00 525.03 -10.67 714.34 531.58 34.38 Depreciation 106.40 110.74 -3.92 319.87 327.09 -2.21 435.77 480.72 -9.35 PBT 62.58 68.15 -8.17 149.13 197.94 -24.66 278.57 50.86 447.72 TAX 19.13 40.52 -52.79 47.25 100.99 -53.21 157.84 -29.97 -626.66 Deferred Tax 19.13 11.45 67.07 47.25 66.45 -28.89 123.30 -37.21 -431.36 PAT 43.45 27.63 57.26 101.89 96.95 5.10 120.72 80.83 49.35 Equity 224.40 224.40 0.00 224.40 224.40 0.00 224.40 224.40 0.00 PBIDTM(%) 16.57 15.30 8.28 15.87 14.02 13.20 14.21 13.04 8.95
Elecon Engineering Company is currently trading at its upper limit of Rs. 33.25, up by 3.00 points or 9.92% from its previous closing of Rs. 30.25 on the BSE.The scrip opened at Rs. 32.00 and has touched a high and low of Rs. 33.25 and Rs. 32.00 respectively. So far 4652 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 74.80 on 11-Jan-2019 and a 52 week low of Rs. 24.95 on 02-Aug-2019.Last one week high and low of the scrip stood at Rs. 33.25 and Rs. 28.25 respectively. The current market cap of the company is Rs. 373.06 crore.The promoters holding in the company stood at 58.68%, while Institutions and Non-Institutions held 3.96% and 37.36% respectively.Elecon Engineering Company has received favorable decision from Arbitral Tribunal at Chennai on arbitration award aggregating to Rs 37.57 crore. The Tribunal directed BGR Energy Systems to return the bank guarantees as submitted by the Company. Earlier, the company had initiated arbitration proceedings before Arbitral Tribunal against BGR Energy Systems for recovery of various dues to the Company.Elecon Engineering Company is engaged in delivering power transmission solutions and material handling equipment.
A decrease in the sales to Rs. 2133.06 millions was observed for the quarter ended June 2019. The sales stood at Rs. 2344.84 millions during the similar quarter previous year.The Company to register a -60.98% fall in the net profit for the quarter ended June 2019.The Operating Profit of the company witnessed a decrease to 295.52 millions from 326.22 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 2133.06 2344.84 -9.03 2133.06 2344.84 -9.03 9537.46 9195.37 3.72 Other Income 8.79 25.03 -64.88 8.79 25.03 -64.88 237.43 105.57 124.90 PBIDT 295.52 326.22 -9.41 295.52 326.22 -9.41 1355.15 1199.23 13.00 Interest 171.88 167.32 2.73 171.88 167.32 2.73 640.81 667.65 -4.02 PBDT 123.64 158.90 -22.19 123.64 158.90 -22.19 714.34 531.58 34.38 Depreciation 103.58 107.36 -3.52 103.58 107.36 -3.52 435.77 480.72 -9.35 PBT 20.06 51.54 -61.08 20.06 51.54 -61.08 278.57 50.86 447.72 TAX 6.66 17.20 -61.28 6.66 17.20 -61.28 157.84 -29.97 -626.66 Deferred Tax 6.66 10.41 -36.02 6.66 10.41 -36.02 123.30 -37.21 -431.36 PAT 13.40 34.34 -60.98 13.40 34.34 -60.98 120.72 80.83 49.35 Equity 224.40 224.40 0.00 224.40 224.40 0.00 224.40 224.40 0.00 PBIDTM(%) 13.85 13.91 -0.42 13.85 13.91 -0.42 14.21 13.04 8.95
Elecon Engineering is currently trading at Rs. 47.75, up by 0.35 points or 0.74% from its previous closing of Rs. 47.40 on the BSE.The scrip opened at Rs. 49.20 and has touched a high and low of Rs. 49.20 and Rs. 47.75 respectively. So far 2642 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 74.80 on 11-Jan-2019 and a 52 week low of Rs. 47.15 on 14-Jun-2019.Last one week high and low of the scrip stood at Rs. 50.10 and Rs. 47.15 respectively. The current market cap of the company is Rs. 535.75 crore.The promoters holding in the company stood at 58.68%, while Institutions and Non-Institutions held 6.76% and 34.56% respectively.Elecon Engineering Company has been awarded a prestigious order by Bharat Heavy Electricals (BHEL) for Supply & Erection of Stacker cum Reclaimer machines at its Udangudi STPP site, Thoothukudi District, Tamil Nadu worth Rs 79.12 crore. The order is expected to be executed within 18 months.Elecon Engineering Company is engaged in delivering power transmission solutions and material handling equipment.
A fair growth of 7.07% in the revenue at Rs. 2091.48 millions was reported in the December 2018 quarter as compared to Rs. 1953.39 millions during year-ago period.Net Profit for the quarter ended December 2018 zoomed to 480.67% from Rs. 4.76 millions to Rs. 27.64 millions.OP of the company witnessed a marginal growth to 304.18 millions from 270.28 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 2091.48 1953.39 7.07 7033.36 5497.87 27.93 9195.38 9964.81 -7.72 Other Income 95.10 21.59 340.48 209.72 54.35 285.87 105.57 78.53 34.43 PBIDT 304.18 270.28 12.54 940.30 350.49 168.28 1111.41 1636.54 -32.09 Interest 125.29 146.40 -14.42 415.26 429.12 -3.23 579.83 630.49 -8.04 PBDT 178.89 123.88 44.41 525.04 -78.63 -767.73 531.58 1006.05 -47.16 Depreciation 110.74 118.10 -6.23 327.09 346.53 -5.61 480.72 481.38 -0.14 PBT 68.16 5.78 1079.24 197.95 -425.15 -146.56 50.86 524.67 -90.31 TAX 40.52 1.02 3872.55 100.99 -4.30 -2448.60 -29.97 314.05 -109.54 Deferred Tax 0.00 0.00 0.00 55.00 -5.32 -1133.83 -37.21 102.68 -136.24 PAT 27.64 4.76 480.67 96.96 -420.85 -123.04 80.83 210.62 -61.62 Equity 224.40 224.40 0.00 224.40 224.40 0.00 224.40 224.40 0.00 PBIDTM(%) 14.54 13.84 5.11 13.37 6.38 109.71 12.09 16.42 -26.41
Elecon Engineering Company is currently trading at Rs. 57.05, up by 0.40 points or 0.71% from its previous closing of Rs. 56.65 on the BSE.The scrip opened at Rs. 56.35 and has touched a high and low of Rs. 57.25 and Rs. 56.35 respectively. So far 3032 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 113.50 on 21-Dec-2017 and a 52 week low of Rs. 48.45 on 11-Oct-2018.Last one week high and low of the scrip stood at Rs. 59.75 and Rs. 54.00 respectively. The current market cap of the company is Rs. 640.10 crore.The promoters holding in the company stood at 58.64%, while Institutions and Non-Institutions held 6.56% and 34.56% respectively.Elecon Engineering Company has received an approval to raise funds of up to Rs 150 crore. The Board of Directors of the company at its meeting held on December 10, 2018 has approved to delegate the powers to the Management Committee of the company for finalizing, negotiating, deciding terms and conditions and executing necessary documents with various authorities and to do all other things, acts required for issue and allotment of Listed Secured Redeemable Non-Convertible Debentures up to Rs 150.00 crore in one or more tranches on private placement basis.Elecon Engineering Company is engaged in delivering power transmission solutions and material handling equipment.
The sales surged to Rs. 2344.84 millions, up 33.12% for the June 2018 quarter as against Rs. 1761.51 millions during the corresponding quarter previous year.The Total Profit for the quarter ended June 2018 of Rs. 34.34 millions grew from Rs.-387.46 millions Operating profit Margin for the quarter ended June 2018 improved to 308.63% as compared to -145.49% of corresponding quarter ended June 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 2344.84 1761.51 33.12 2344.84 1761.51 33.12 9195.38 9964.81 -7.72 Other Income 25.03 14.28 75.28 25.03 14.28 75.28 105.57 78.53 34.43 PBIDT 308.63 -145.49 -312.13 308.63 -145.49 -312.13 1111.41 1636.54 -32.09 Interest 149.73 132.14 13.31 149.73 132.14 13.31 579.83 630.49 -8.04 PBDT 158.90 -277.63 -157.23 158.90 -277.63 -157.23 531.58 1006.05 -47.16 Depreciation 107.36 111.28 -3.52 107.36 111.28 -3.52 480.72 481.38 -0.14 PBT 51.54 -388.91 -113.25 51.54 -388.91 -113.25 50.86 524.67 -90.31 TAX 17.20 -1.45 -1286.21 17.20 -1.45 -1286.21 -29.97 314.05 -109.54 Deferred Tax 10.41 -1.45 -817.93 10.41 -1.45 -817.93 -37.21 102.68 -136.24 PAT 34.34 -387.46 -108.86 34.34 -387.46 -108.86 80.83 210.62 -61.62 Equity 224.40 224.40 0.00 224.40 224.40 0.00 224.40 224.40 0.00 PBIDTM(%) 13.16 -8.26 -259.36 13.16 -8.26 -259.36 12.09 16.42 -26.41
The company`s total revenue for the quarter ended March 2018 saw a slight change in the total revenue, having registered a total revenue of Rs. 3697.51 millions.Handsome Net Profit growth of 72.43% reported above the corresponding previous quarter figure of Rs. 501.68 millions to Rs. 290.95 millions.The company reported a degrowth in operating Profit to 760.90 millions from 881.86 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201703 201603 % Var Sales 3697.51 3694.46 0.08 9195.38 9964.81 -7.72 9964.81 10647.34 -6.41 Other Income 51.22 16.56 209.30 105.57 78.53 34.43 78.53 312.51 -74.87 PBIDT 760.90 881.86 -13.72 1111.40 1636.52 -32.09 1636.54 1736.15 -5.74 Interest 150.71 147.81 1.96 579.83 630.48 -8.03 630.49 624.37 0.98 PBDT 610.20 734.05 -16.87 531.58 1006.04 -47.16 1006.05 1111.78 -9.51 Depreciation 134.19 107.43 24.91 480.72 481.38 -0.14 481.38 556.72 -13.53 PBT 476.01 626.62 -24.04 50.86 524.66 -90.31 524.67 555.06 -5.48 TAX -25.68 335.67 -107.65 -29.97 314.04 -109.54 314.04 189.95 65.33 Deferred Tax -32.92 72.42 -145.46 -38.23 102.68 -137.23 102.68 48.96 109.72 PAT 501.68 290.95 72.43 80.83 210.62 -61.62 210.62 365.11 -42.31 Equity 224.40 224.40 0.00 224.40 224.40 0.00 224.40 217.87 3.00 PBIDTM(%) 20.58 23.87 -13.79 12.09 16.42 -26.41 16.42 16.31 0.72
Elecon Engineering Company is currently trading at Rs. 82.90, up by 0.75 points or 0.91% from its previous closing of Rs. 82.15 on the BSE.The scrip opened at Rs. 84.00 and has touched a high and low of Rs. 84.00 and Rs. 82.05 respectively. So far 23,000 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 113.50 on 21-Dec-2017 and a 52 week low of Rs. 45.00 on 11-Aug-2017.Last one week high and low of the scrip stood at Rs. 88.70 and Rs. 81.95 respectively. The current market cap of the company is Rs. 930.14 crore.The promoters holding in the company stood at 58.64%, while Institutions and Non-Institutions held 9.03% and 32.33% respectively.Elecon Engineering Company has been awarded a prestigious order from NTPC for supply of three Stacker cum Reclaimer machines at its Kudgi & Darlipalli sites worth Rs 54.43 crore. The order is to be executed within approximately 18 months. Elecon Engineering Company is engaged in delivering power transmission solutions and material handling equipment.
Net sales declined -18.55% to Rs. 1953.39 million from Rs. 2398.21 millions.The Total Profit for the quarter ended December 2017 of Rs. 4.76 millions grew from Rs.-75.09 millionsOP of the company witnessed a marginal growth to 270.28 millions from 181.92 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 1953.39 2398.21 -18.55 5497.87 6270.35 -12.32 9964.81 10647.34 -6.41 Other Income 21.59 2.89 647.06 54.35 61.97 -12.30 78.53 312.51 -74.87 PBIDT 270.28 181.92 48.57 350.50 754.66 -53.56 1636.54 1736.15 -5.74 Interest 146.40 152.93 -4.27 429.12 482.67 -11.09 630.49 624.37 0.98 PBDT 123.88 28.99 327.32 -78.62 271.99 -128.91 1006.05 1111.78 -9.51 Depreciation 118.10 124.69 -5.29 346.53 373.95 -7.33 481.38 556.72 -13.53 PBT 5.78 -95.70 -106.04 -425.15 -101.96 316.98 524.67 555.06 -5.48 TAX 1.02 -20.61 -104.95 -4.29 -21.63 -80.17 314.04 189.95 65.33 Deferred Tax 0.00 28.14 0.00 -5.31 30.26 -117.55 102.68 48.96 109.72 PAT 4.76 -75.09 -106.34 -420.85 -80.33 423.90 210.62 365.11 -42.31 Equity 224.40 224.40 0.00 224.40 224.40 0.00 224.40 217.87 3.00 PBIDTM(%) 13.84 7.59 82.40 6.38 12.04 -47.03 16.42 16.31 0.72
The sales declined to Rs. 1782.97 millions for the September 2017 quarter as compared to Rs. 1960.62 millions during the corresponding quarter last year.The Net Loss for the quarter ended September 2017 is Rs. -38.15 millions as compared to Net Loss of Rs. -30.26 millions of corresponding quarter ended September 2016The company reported a degrowth in operating Profit to 225.71 millions from 230.44 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 1782.97 1960.62 -9.06 3544.48 3872.14 -8.46 9964.81 10647.34 -6.41 Other Income 18.48 37.30 -50.46 32.76 59.08 -44.55 78.53 312.51 -74.87 PBIDT 225.71 230.44 -2.05 80.22 572.74 -85.99 1636.54 1736.15 -5.74 Interest 150.58 171.98 -12.44 282.72 329.74 -14.26 630.49 624.37 0.98 PBDT 75.13 58.46 28.52 -202.50 243.00 -183.33 1006.05 1111.78 -9.51 Depreciation 117.15 125.03 -6.30 228.43 249.26 -8.36 481.38 556.72 -13.53 PBT -42.02 -66.57 -36.88 -430.93 -6.26 6783.87 524.67 555.06 -5.48 TAX -3.86 -36.31 -89.37 -5.31 -1.02 420.59 314.04 189.95 65.33 Deferred Tax -3.86 6.19 -162.36 -5.31 2.12 -350.47 102.68 48.96 109.72 PAT -38.15 -30.26 26.07 -425.61 -5.24 8022.33 210.62 365.11 -42.31 Equity 224.40 217.87 3.00 224.40 217.87 3.00 224.40 217.87 3.00 PBIDTM(%) 12.66 11.75 7.71 2.26 14.79 -84.70 16.42 16.31 0.72
Elecon Engineering Company is currently trading at Rs. 55.25, up by 2.40 points or 4.54% from its previous closing of Rs. 52.85 on the BSE.The scrip opened at Rs. 55.00 and has touched a high and low of Rs. 55.35 and Rs. 54.55 respectively. So far 93,000 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 74.00 on 19-Oct-2016 and a 52 week low of Rs. 45.40 on 22-Nov-2016.Last one week high and low of the scrip stood at Rs. 55.35 and Rs. 51.20 respectively. The current market cap of the company is Rs. 618.78 crore.The promoters holding in the company stood at 58.58%, while Institutions and Non-Institutions held 8.64% and 32.78% respectively.Elecon Engineering Company has bagged an order worth Rs 130 crore from Ramagundam Fertilizers and Chemicals for installing urea bagging and conveying systems at their complex at Ramagundam, Telangana. The company also recently received orders worth Rs 45 crore in cement, power, port and coal sectors.Elecon Engineering Company is one of Asia’s largest gear manufacturing company with vast experience of about five decades and significant business presence in India and abroad. The company designs and manufactures worm gears; parallel shaft and right angle shaft; helical and spiral level helical gears; fluid geared and flexible couplings, as well as planetary gearboxes.