Elecon Engineering CoNSE:ELECON -1.63%95 Quick Ratio is 2.48 as of Mar. 2026, which is 123% above its 10-year median of 1.11. 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 3,079 Industrial Products companies, Elecon Engineering Co ranks better than 77.88% on this metric.
Elecon Engineering Co has a quick ratio of 2.48. It generally indicates good short-term financial strength.
The historical rank and industry rank for Elecon Engineering Co's Quick Ratio or its related term are showing as below:
NSE:ELECON'
s Quick Ratio Range Over the Past 10 Years
Min: 0.74 Med: 1.11 Max: 2.71
Current: 2.48
During the past 13 years, Elecon Engineering Co's highest Quick Ratio was 2.71. The lowest was 0.74. And the median was 1.11.
NSE:ELECON's Quick Ratio is ranked better than 77.88% of 3079
companies
in the Industrial Products industry
Industry Median: 1.39
vs NSE:ELECON: 2.48
Elecon Engineering Co (NSE:ELECON) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Elecon Engineering Co Quick Ratio Related Terms
Elecon Engineering Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for Elecon Engineering Co's Quick Ratio 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: Quick Ratio Comparison
For the Specialty Industrial Machinery subindustry, Elecon Engineering Co's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elecon Engineering Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Elecon Engineering Co's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Elecon Engineering Co's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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 Quick Ratio of 2.48 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Elecon Engineering Co and its competitors. This is 123% above median its historical median of 1.11. Over the past decade, Elecon Engineering Co's Quick Ratio has ranged from 0.74 to 2.71. According to the industry distribution chart, Elecon Engineering Co ranks #681 out of 3079 companies in the Industrial Products industry, placing it in the top 22.1%.
Is Elecon Engineering Co's Quick Ratio too high?
Elecon Engineering Co's current Quick Ratio of 2.48 is 123% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.71. The Industrial Products industry median Quick Ratio is 1.39. Elecon Engineering Co's value of 2.48 is 78.4% above this industry median. Based on the distribution chart, Elecon Engineering Co ranks #681 out of 3079 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 Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elecon Engineering Co ranks #681 out of 3079 companies for Quick Ratio. This places Elecon Engineering Co in the top 22% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. Elecon Engineering Co's value of 2.48 is 78.4% above this benchmark. Historically, Elecon Engineering Co's own Quick Ratio has ranged from 0.74 to 2.71 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.39, Elecon Engineering Co has consistently been above 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 Quick Ratio for an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,079 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elecon Engineering Co's current Quick Ratio of 2.48 is 78.4% above 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Elecon Engineering Co and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elecon Engineering Co's current Quick Ratio is 2.48, which is 123% above median its own 10-year median of 1.11. 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 Quick Ratio is 2.48, which is 123% above median its 10-year median of 1.11 and 78.4% above the Industrial Products industry median of 1.39. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Elecon Engineering Co (NSE:ELECON), the current Quick Ratio is 2.48 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:
Quick Ratio: 2.48 (123% above median its 10-year median of 1.11)
GF Value™: ₹644.83 vs. price of ₹522.20 (19% below fair value)
Industry Position: 78.4% above the Industrial Products median (#681 of 3079)
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
Get the complete analysis for NSE:ELECON
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ELECON has been successfully added to your 
