Elecon Engineering CoNSE:ELECON -1.63%95 Pretax Margin % is 5.42% as of Mar. 2026, which is 51% below its 10-year median of 11.07. 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 3,031 Industrial Products companies, Elecon Engineering Co ranks better than 89.51% on this metric.
The historical rank and industry rank for Elecon Engineering Co's Pretax Margin % or its related term are showing as below:
NSE:ELECON'
s Pretax Margin % Range Over the Past 10 Years
Min: 0.48 Med: 11.07 Max: 24.44
Current: 19.21
NSE:ELECON's Pretax Margin % is ranked better than 89.51% of 3031
companies
in the Industrial Products industry
Industry Median: 5.85
vs NSE:ELECON: 19.21
Elecon Engineering Co (NSE:ELECON) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Elecon Engineering Co Pretax Margin % Related Terms
Elecon Engineering Co Pretax Margin % Historical Data
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The historical data trend for Elecon Engineering Co's Pretax Margin % 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.
NSE:ELECON vs GEV, ETN, PH: Pretax Margin % Comparison
For the Specialty Industrial Machinery subindustry, Elecon Engineering Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elecon Engineering Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Elecon Engineering Co's Pretax Margin % falls into.
* 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 (NSE:ELECON) has a Pretax Margin % of 5.42% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Elecon Engineering Co and its competitors. This is 51% below median its historical median of 11.07. Over the past decade, Elecon Engineering Co's Pretax Margin % has ranged from 0.48 to 24.44. According to the industry distribution chart, Elecon Engineering Co ranks #318 out of 3031 companies in the Industrial Products industry, placing it in the top 10.5%.
Is Elecon Engineering Co's Pretax Margin % too high?
Elecon Engineering Co's current Pretax Margin % of 5.42% is 51% below median its 10-year median of 11.07. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 24.44. The Industrial Products industry median Pretax Margin % is 5.85. Elecon Engineering Co's value of 5.42% is 7.4% below this industry median. Based on the distribution chart, Elecon Engineering Co ranks #318 out of 3031 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 Pretax Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elecon Engineering Co ranks #318 out of 3031 companies for Pretax Margin %. This places Elecon Engineering Co in the top 11% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.85. Elecon Engineering Co's value of 5.42% is 7.4% below this benchmark. Historically, Elecon Engineering Co's own Pretax Margin % has ranged from 0.48 to 24.44 over the past decade. While the company's 10-year median is 11.07 vs. the industry median of 5.85, Elecon Engineering Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.85, based on 3,031 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elecon Engineering Co's current Pretax Margin % of 5.42% is 7.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Elecon Engineering Co and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elecon Engineering Co's current Pretax Margin % is 5.42%, which is 51% below median its own 10-year median of 11.07. 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 Pretax Margin % is 5.42%, which is 51% below median its 10-year median of 11.07 and 7.4% below the Industrial Products industry median of 5.85. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Elecon Engineering Co (NSE:ELECON), the current Pretax Margin % is 5.42% as of Mar. 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:
Pretax Margin %: 5.42% (51% below median its 10-year median of 11.07)
GF Value™: ₹644.83 vs. price of ₹522.20 (19% below fair value)
Industry Position: 7.4% below the Industrial Products median (#318 of 3031)
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 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
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