Elecon Engineering Co (NSE:ELECON) Market Cap: ₹117,069 Mil (As of Jun. 28, 2026)


NSE:ELECON Elecon Engineering Co Ltd NSE:ELECON
95 GF Score
Price ₹522.20
GF Value ₹644.83
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Elecon Engineering Co Market Cap?

Elecon Engineering Co NSE:ELECON -1.63% 95 Market Cap is ₹117,069 Mil as of Jun. 28, 2026. GuruFocus rates NSE:ELECON with a GF Score™ of 95/100 and a GF Value™ of ₹644.83 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 3,100 Industrial Products companies, Elecon Engineering Co ranks better than 77.1% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Elecon Engineering Co's share price for the quarter that ended in Mar. 2026 was ₹354.75. Elecon Engineering Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 224 Mil. Therefore, Elecon Engineering Co's market cap for the quarter that ended in Mar. 2026 was ₹79,606 Mil.

Elecon Engineering Co's quarterly market cap declined from Sep. 2025 (₹127,437 Mil) to Dec. 2025 (₹108,037 Mil) and declined from Dec. 2025 (₹108,037 Mil) to Mar. 2026 (₹79,606 Mil).

Elecon Engineering Co's annual market cap declined from Mar. 2024 (₹106,450 Mil) to Mar. 2025 (₹100,789 Mil) and declined from Mar. 2025 (₹100,789 Mil) to Mar. 2026 (₹79,606 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Elecon Engineering Co's Enterprise Value for Today is ₹111,396 Mil.


Elecon Engineering Co  (NSE:ELECON) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Elecon Engineering Co Market Cap Related Terms


Elecon Engineering Co Market Cap Historical Data

* Premium members only.

The historical data trend for Elecon Engineering Co's Market Cap 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 Market Cap Chart

Elecon Engineering Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,134.36 42,877.23 106,449.75 100,789.26 79,605.90

Elecon Engineering Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap 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 100,789.26 146,914.68 127,436.76 108,037.38 79,605.90

NSE:ELECON vs GEV, ETN, PH: Market Cap Comparison

For the Specialty Industrial Machinery subindustry, Elecon Engineering Co's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elecon Engineering Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Elecon Engineering Co's Market Cap falls into.


NSE:ELECON
95GF Score
Elecon Engineering Co Ltd NSE:ELECON
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Elecon Engineering Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Elecon Engineering Co's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as

Market Cap (A: Mar. 2026 )=Share Price (A: Mar. 2026 )*Shares Outstanding (EOP) (A: Mar. 2026 )
=₹354.75*224.400
=₹79,606

Elecon Engineering Co's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=₹354.75*224.400
=₹79,606

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of ₹117,069 Mil mean?
Elecon Engineering Co (NSE:ELECON) has a Market Cap of ₹117,069 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Elecon Engineering Co and its competitors. According to the industry distribution chart, Elecon Engineering Co ranks #710 out of 3100 companies in the Industrial Products industry, placing it in the top 22.9%.
Is Elecon Engineering Co's Market Cap too high?
Elecon Engineering Co's current Market Cap is ₹117,069 Mil. Based on the distribution chart, Elecon Engineering Co ranks #710 out of 3100 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Elecon Engineering Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's Market Cap compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elecon Engineering Co ranks #710 out of 3100 companies for Market Cap. This places Elecon Engineering Co in the top 23% of its industry — outperforming the majority of peers. The industry median Market Cap is 282.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Industrial Products company?
The median Market Cap among Industrial Products companies is 282.60, based on 3,100 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Elecon Engineering Co and its competitors. For the Industrial Products industry, the median Market Cap is 282.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elecon Engineering Co's current Market Cap is ₹117,069 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹644.83, compared to a current price of ₹522.20 — trading 19% below its estimated fair value. The current Market Cap is ₹117,069 Mil. Elecon Engineering Co's overall GF Score™ is 95/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Elecon Engineering Co (NSE:ELECON), the current Market Cap is ₹117,069 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

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 ₹522.20 is trading 19% below its estimated GF Value™ of ₹644.83. GuruFocus considers Elecon Engineering Co to be Modestly Undervalued.

Key valuation signals for NSE:ELECON:

  • Market Cap: ₹117,069 Mil
  • GF Value™: ₹644.83 vs. price of ₹522.20 (19% below fair value)
  • GF Score™: 95/100 with 5 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

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

₹522.20
Price
₹644.83
GF Value