Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Oct
Source: Bse
Eimco Elecon (India) Limited (EIMCOELECO)
Small CapIndustrials stocks · Small cap · NSE
Eimco Elecon (India) Limited operates in Mining Equipment, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Official result overlay30 Sept 2026 · nse-xbrl
Latest result13 Oct, 01:10 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
57NeutralSMA20 +2.2% / mo · MACD −
Stock trend: 61
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
EIMCOELECOD candles · FIT view+39.0%Latest close ₹2254.20 on 2026-10-19
Bar
-2.0%
RSI
49
MACD hist
-6.68
52W pos
79%
2026-10-19O ₹2299.90H ₹2300.00L ₹2243.90C ₹2254.20Vol 14,872 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
EIMCOELECONifty India ManufacturingNifty 500
- EIMCOELECO
- +23.7%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- +29.3 pp
Chart stats
19 Oct 2026- From 52W high
- -8.9%
- 52W range position
- 79%
- ATR (14)
- 4.6%
- Volume vs 20D
- 0.26x
- Avg traded value
- ₹13.1 Cr
- 20D price channel
- ₹2,121 - ₹2,475
₹2,475
₹1,405.5 - ₹2,475
₹104.7
Latest completed session
20-session average
51.1% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST39
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent85
Revenue +72.1% · PAT +56.6% YoY
Technical
Neutral57
Price trend and sector-relative-strength timing.
Valuation
Legacy model+21.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence77
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Sept 2026
Excellent · 85/100Rev +72% YoY · PAT +57% YoY · margin expansion
Filed 13 Oct 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹56.8 Cr | +72.1% | -26.7% |
| EBITDA | ₹10.7 Cr | +114.8% | -24.6% |
| Operating margin | 18.9% | +291 bps | +53 bps |
| PAT | ₹7.8 Cr | +56.6% | -49.1% |
| PAT margin | 13.8% | -136 bps | -605 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 31.45
- P/B
- 2.77
- EV/EBITDA
- 24.04
- Market Cap
- 1323.93Cr
Profitability
- ROE
- 7.81%
- ROCE
- 10.30%
- ROA
- 7.63%
- Dividend Y
- 0.18%
Growth (CAGR)
- Revenue 5Y
- 13.00%
- EPS 5Y
- 25.00%
- Revenue 3Y
- 10.00%
- EPS 3Y
- 19.00%
Balance Sheet
- Debt/Equity
- 0.01
- Interest Coverage
- 45.00×
- Altman Z
- 8.30
- Book Value
- 810.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 8/5
- OCF
- 22.00 Cr
- EPS TTM
- 72.97
Shareholding
- Promoter Hold
- 48.96%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 86%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 56.8-26.7% vs prev
Net Profit
₹ CrLatest: 7.8-49.1% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 49. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~2.1% over last month) — short-term momentum positive.
- RSI(14) at 49 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 9% off 52W high · 60% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
82
RS percentile
Stage 2 UptrendEstablished S2
1M return
+0.3%
3M return
+23.7%
6M return
+29.7%
1Y return
+22.4%
RS 1D
0
RS 20D
+1
Sector rank
#2
Industry rank
#19
Stage evidence
- Price is 22.1% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +5.6%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
07 Jul 2026
S2 age
73 trading sessions
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 131.43-0.77%
RS vs Nifty 500131
Valuation & peers
U-Score 39 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 39 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation4/30
Growth17/25
Quality0/20
Balance Sheet10/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
-1
Raw sum
39
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
39/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 21.4%.
- Growth contributes 17/25 to the score.
Main drags
- Penalty bucket subtracts 1 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Valuation is weaker at 4/30; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
31.4
PB
2.8
EV/EBITDA
24.0
ROE
7.8%
ROCE
10.3%
FCF Yield
—
Debt/Equity
0.0
MoS
+21.4%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
39
Previous: 39
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+21.4%
Previous: +21.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
39
39
39
39
39
37
39
39
39
39
39
39
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹1,153.2
-95.5% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹2,867.72
+21.4% MoS
PEG
1.39
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
VELJAN
Small
Veljan Denison Limited
Industrial Machinery
match 60
42
41.4
10.8%
-5%
WATCHLIST
YUKEN
Small
Yuken India Limited
Industrial Machinery
match 59
28
98.1
4.3%
-150%
OVERVALUED
CONTROLPR
Small
Control Print Limited
Industrial Machinery
match 59
40
25.4
9.5%
-71%
WATCHLIST
ICEMAKE
Small
Ice Make Refrigeration Limited
Industrial Machinery
match 59
24
95.3
9.5%
-116%
OVERVALUED
AEROENTER
Small
Aeroflex Enterprises Limited
Industrial Machinery
match 59
69
9.4
8.4%
+76%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Eimco Elecon (India) Limited operates in Mining Equipment, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Sept 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
77Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 83rd percentile of the scored universe and 83rd percentile within Industrials. Main check: results consistency is weak at 53/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
9 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
83rd percentile
overall median 67 · Industrials: 83rd pctile, median 68 · Small: 86th pctile, median 66
Evidence depth
Financial-only
9 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
76
strong · capital discipline
Results
53
watch · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 0.8%.
- ▸8 years of positive FCF.
- ▸Debt/equity is 0.00.
Trust risks
- ▸2 latest quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Eimco Elecon (India) Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 18 Aug - CRISIL reaffirmed Eimco Elecon’s Rs. 101.5 crore bank facilities at A/Stable and A1.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Jul
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.