Elecon Engineering Co (NSE:ELECON) Debt-to-Equity: N/A (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ELECON Elecon Engineering Co Ltd NSE:ELECON
95 GF Score
Price ₹419.05
GF Value ₹650.67
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Elecon Engineering Co Debt-to-Equity?

Elecon Engineering Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Elecon Engineering Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Elecon Engineering Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Elecon Engineering Co's Debt-to-Equity or its related term are showing as below:

NSE:ELECON' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.31   Max: 0.83
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Elecon Engineering Co was 0.83. The lowest was 0.03. And the median was 0.31.

NSE:ELECON's Debt-to-Equity is ranked better than
70.7% of 2679 companies
in the Industrial Products industry
Industry Median: 0.28 vs NSE:ELECON: 0.12

Elecon Engineering Co  (NSE:ELECON) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Elecon Engineering Co Debt-to-Equity Related Terms

Elecon Engineering Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Elecon Engineering Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Elecon Engineering Co Debt-to-Equity Chart

Elecon Engineering Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.04 0.04 0.09 0.12

Elecon Engineering Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.12 N/A 0.12 N/A

NSE:ELECON vs GEV, ETN, PH: Debt-to-Equity Comparison

For the Specialty Industrial Machinery subindustry, Elecon Engineering Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Elecon Engineering Co Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elecon Engineering Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Elecon Engineering Co's Debt-to-Equity falls into.


NSE:ELECON
95GF Score
Elecon Engineering Co Ltd NSE:ELECON
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elecon Engineering Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Elecon Engineering Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(570.2 + 2156.3) / 23058.3
=0.12

Elecon Engineering Co's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?

Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued. The current stock price of ₹419.05 is trading 35.6% below its estimated GF Value™ of ₹650.67. GuruFocus considers Elecon Engineering Co to be Possible Value Trap.

Key valuation signals for NSE:ELECON:

  • Debt-to-Equity: N/A
  • GF Value™: ₹650.67 vs. price of ₹419.05 (35.6% below fair value)
  • GF Score™: 95/100 with 4 warning signs

No single metric tells the full story. See the NSE:ELECON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elecon Engineering Co Business Description

Other Exchanges 505700:India
Address Anand-Sojitra Road, Vallabh Vidyanagar, GJ, IND, 388120
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
95GF Score

Get the complete analysis for NSE:ELECON

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹419.05
Price
₹650.67
GF Value