Elecon Engineering Company Limited (ELECON) - Net Assets

Latest as of September 2025: Rs22.44 Billion INR ≈ $242.69 Million USD

Based on the latest financial reports, Elecon Engineering Company Limited (ELECON) has net assets worth Rs22.44 Billion INR (≈ $242.69 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs29.96 Billion ≈ $324.05 Million USD) and total liabilities (Rs7.52 Billion ≈ $81.36 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Elecon Engineering Company Limited to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs22.44 Billion
% of Total Assets	74.89%
Annual Growth Rate	17.97%
5-Year Change	117.43%
10-Year Change	237.59%
Growth Volatility	18.09

Elecon Engineering Company Limited - Net Assets Trend (2005–2025)

This chart illustrates how Elecon Engineering Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Elecon Engineering Company Limited's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Elecon Engineering Company Limited (2005–2025)

The table below shows the annual net assets of Elecon Engineering Company Limited from 2005 to 2025. For live valuation and market cap data, see ELECON company net worth.

Year	Net Assets	Change
2025-03-31	Rs19.99 Billion ≈ $216.15 Million	+24.60%
2024-03-31	Rs16.04 Billion ≈ $173.47 Million	+25.40%
2023-03-31	Rs12.79 Billion ≈ $138.33 Million	+21.79%
2022-03-31	Rs10.50 Billion ≈ $113.58 Million	+14.25%
2021-03-31	Rs9.19 Billion ≈ $99.41 Million	+7.62%
2020-03-31	Rs8.54 Billion ≈ $92.38 Million	+11.21%
2019-03-31	Rs7.68 Billion ≈ $83.06 Million	+8.35%
2018-03-31	Rs7.09 Billion ≈ $76.66 Million	-0.14%
2017-03-31	Rs7.10 Billion ≈ $76.77 Million	+19.90%
2016-03-31	Rs5.92 Billion ≈ $64.03 Million	+3.58%
2015-03-31	Rs5.72 Billion ≈ $61.82 Million	+0.79%
2014-03-31	Rs5.67 Billion ≈ $61.33 Million	-0.88%
2013-03-31	Rs5.72 Billion ≈ $61.87 Million	+24.73%
2012-03-31	Rs4.59 Billion ≈ $49.61 Million	+9.63%
2011-03-31	Rs4.18 Billion ≈ $45.25 Million	+28.30%
2010-03-31	Rs3.26 Billion ≈ $35.27 Million	+18.41%
2009-03-31	Rs2.75 Billion ≈ $29.78 Million	+16.34%
2008-03-31	Rs2.37 Billion ≈ $25.60 Million	+25.98%
2007-03-31	Rs1.88 Billion ≈ $20.32 Million	+83.03%
2006-03-31	Rs1.03 Billion ≈ $11.10 Million	+40.05%
2005-03-31	Rs733.05 Million ≈ $7.93 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Elecon Engineering Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 91184.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs14.72 Billion	73.67%
Common Stock	Rs224.40 Million	1.12%
Other Comprehensive Income	Rs4.75 Billion	23.77%
Other Components	Rs287.80 Million	1.44%
Total Equity	Rs19.99 Billion	100.00%

Elecon Engineering Company Limited Competitors by Market Cap

The table below lists competitors of Elecon Engineering Company Limited ranked by their market capitalization.

Company	Market Cap
Guizhou Zhenhua E chem Inc SHG:688707	$1.23 Billion
Alphamin Resources Corp. JSE:APH	$1.23 Billion
Guilin Sanjin Pharmaceutical Co Ltd SHE:002275	$1.23 Billion
Navigator Holdings Ltd NYSE:NVGS	$1.23 Billion
Berkshire Hills Bancorp Inc NYSE:BHLB	$1.23 Billion
Prospect Capital Corporation NASDAQ:PSEC	$1.23 Billion
Adriatic Metals Plc F:3FN	$1.23 Billion
Hangzhou Raycloud Technology Co Ltd SHG:688365	$1.23 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Elecon Engineering Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 16,040,300,000 to 19,986,900,000, a change of 3,946,600,000 (24.6%).
Net income of 4,151,000,000 contributed positively to equity growth.
Dividend payments of 336,600,000 reduced retained earnings.
Other comprehensive income increased equity by 112,800,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs4.15 Billion	+20.77%
Dividends Paid	Rs336.60 Million	-1.68%
Other Comprehensive Income	Rs112.80 Million	+0.56%
Other Changes	Rs19.40 Million	+0.1%
Total Change	Rs-	24.60%

Book Value vs Market Value Analysis

This analysis compares Elecon Engineering Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 5.69x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 117.10x to 5.69x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs4.33	Rs506.65	x
2006-03-31	Rs5.53	Rs506.65	x
2007-03-31	Rs10.12	Rs506.65	x
2008-03-31	Rs12.75	Rs506.65	x
2009-03-31	Rs14.83	Rs506.65	x
2010-03-31	Rs17.56	Rs506.65	x
2011-03-31	Rs22.53	Rs506.65	x
2012-03-31	Rs24.70	Rs506.65	x
2013-03-31	Rs49.37	Rs506.65	x
2014-03-31	Rs24.42	Rs506.65	x
2015-03-31	Rs24.58	Rs506.65	x
2016-03-31	Rs25.04	Rs506.65	x
2017-03-31	Rs31.63	Rs506.65	x
2018-03-31	Rs31.59	Rs506.65	x
2019-03-31	Rs34.23	Rs506.65	x
2020-03-31	Rs38.07	Rs506.65	x
2021-03-31	Rs40.96	Rs506.65	x
2022-03-31	Rs46.80	Rs506.65	x
2023-03-31	Rs57.00	Rs506.65	x
2024-03-31	Rs71.48	Rs506.65	x
2025-03-31	Rs89.07	Rs506.65	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Elecon Engineering Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 20.77%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 18.64%
• Asset Turnover: 0.82x
• Equity Multiplier: 1.37x
Recent ROE (20.77%) is above the historical average (13.97%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	13.69%	3.61%	0.82x	4.64x	Rs27.08 Million
2006	27.16%	6.99%	0.74x	5.23x	Rs176.17 Million
2007	29.22%	8.21%	0.90x	3.96x	Rs361.13 Million
2008	28.39%	9.20%	0.72x	4.28x	Rs435.32 Million
2009	20.86%	7.28%	0.59x	4.84x	Rs299.11 Million
2010	20.29%	6.81%	0.75x	3.98x	Rs335.65 Million
2011	21.50%	6.99%	0.76x	4.07x	Rs481.19 Million
2012	13.20%	3.75%	0.84x	4.19x	Rs146.66 Million
2013	3.33%	1.17%	0.72x	3.95x	Rs-358.47 Million
2014	2.58%	1.06%	0.63x	3.87x	Rs-394.77 Million
2015	3.05%	1.23%	0.68x	3.67x	Rs-372.13 Million
2016	6.65%	2.91%	0.63x	3.61x	Rs-188.22 Million
2017	1.51%	0.89%	0.57x	2.95x	Rs-602.35 Million
2018	1.06%	0.63%	0.55x	3.05x	Rs-634.02 Million
2019	9.13%	5.72%	0.56x	2.82x	Rs-66.97 Million
2020	10.50%	8.24%	0.51x	2.50x	Rs42.82 Million
2021	6.27%	5.52%	0.52x	2.17x	Rs-342.94 Million
2022	13.38%	11.59%	0.71x	1.64x	Rs354.69 Million
2023	18.57%	15.53%	0.88x	1.35x	Rs1.10 Billion
2024	22.17%	18.35%	0.91x	1.32x	Rs1.95 Billion
2025	20.77%	18.64%	0.82x	1.37x	Rs2.15 Billion

Industry Comparison

This section compares Elecon Engineering Company Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $37,677,440,843
Average return on equity (ROE) among peers: 17.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Elecon Engineering Company Limited (ELECON)	Rs22.44 Billion	13.69%	0.34x	$1.23 Billion
Aaron Industries Limited (AARON)	$550.00K	66.55%	18.36x	$31.35 Million
Ador Welding Limited (ADORWELD)	$1.47 Billion	17.36%	0.26x	$184.52 Million
The Anup Engineering Limited (ANUP)	$3.37 Billion	15.88%	0.28x	$446.74 Million
ATAM VALVES ORD (BSE) (ATAM)	$37.09 Million	13.75%	4.00x	$8.50 Million
Azad Engineering Limited (AZAD)	$1.20 Billion	24.55%	2.37x	$1.51 Billion
Bharat Heavy Electricals Limited (BHEL)	$323.31 Billion	1.36%	0.97x	$13.27 Billion
Cummins India Limited (CUMMINSIND)	$51.45 Billion	18.15%	0.38x	$15.79 Billion
Diamond Power Infrastructure Limited (DIACABS)	$-6.22 Billion	0.00%	0.00x	$899.30 Million
Diffusion Engineers Ltd (DIFFNKG)	$1.91 Billion	16.05%	0.44x	$120.60 Million
Ducon Infratechnologies Limited (DUCON)	$236.88 Million	0.26%	0.31x	$11.42 Million

About Elecon Engineering Company Limited

NSE:ELECON India Specialty Industrial Machinery

Market Cap

$1.23 Billion

Rs113.69 Billion INR

Market Cap Rank

#8234 Global

#389 in India

Share Price

Rs506.65

Change (1 day)

+3.77%

52-Week Range

Rs354.75 - Rs705.40

All Time High

Rs730.53