Elecon Engineering Company Limited (NSE:ELECON)
India flag India · Delayed Price · Currency is INR
528.10
+5.15 (0.98%)
Jun 11, 2026, 3:29 PM IST

NSE:ELECON Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, NSE:ELECON stock has a consensus rating of "Buy" and an average price target of ₹525.50. The average 1-year stock price forecast is 0.49% lower than the current stock price, while the lowest is ₹451.00 (-14.60%) and the highest is ₹600.00 (+13.61%).

Price Target: ₹525.50 (-0.49%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price₹451.00₹525.50₹525.50₹600.00
Change-14.60%-0.49%-0.49%+13.61%

Analyst Ratings

The average analyst rating for NSE:ELECON stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingApr '25Jul '25Oct '25Jan '26Apr '26May '26
Strong Buy102111
Buy010111
Hold000000
Sell000000
Strong Sell000000
Total112222

Financial Forecast

Revenue This Year
27.57B
from 23.66B
Increased by 16.52%
Revenue Next Year
32.78B
from 27.57B
Increased by 18.90%
EPS This Year
19.00
from 15.92
Increased by 19.38%
EPS Next Year
24.50
from 19.00
Increased by 28.95%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
12.12B15.30B19.37B22.27B23.66B27.57B
Revenue Growth
16.04%26.22%26.66%14.95%6.25%16.52%
Gross Profit
5.31B6.66B8.83B9.89B10.63B12.05B
Gross Margin
43.85%43.52%45.55%44.40%44.93%43.70%
Operating Income
2.09B2.94B4.30B4.91B4.19B5.06B
Net Income
1.40B2.38B3.56B4.15B3.41B4.25B
EPS
----15.9219.00
EPS Growth
-----13.97%19.38%
Forward PE
-----27.79
Dividend / Share
0.501.001.502.002.003.00
Dividend Growth
-100.00%50.00%33.33%-50.00%
Free Cash Flow
1.19B2.12B2.59B1.78B1.61B4.15B
No. Analysts
-----1
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High27.6B
Avg27.6B
Low27.6B

Revenue Growth

Revenue Growth202720282029
High
16.5%
Avg
16.5%
Low
16.5%

EPS Forecast

EPS202720282029
High19.00
Avg19.00
Low19.00

EPS Growth

EPS Growth202720282029
High
19.4%
Avg
19.4%
Low
19.4%