Elecon Engineering Company Limited (ELECON.NS) NSE

Currency In INR

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Elecon Engineering Company Limited

Address

Anand-Sojitra Road

Vallabh Vidyanagar, GU 388120

India

Phone

91 26 9223 6469

Sector

Industrials

Industry

Industrial - Machinery

Employees

2452

First IPO Date

September 29, 2006

Key Executives

NameTitlePayYear Born
Aayush Alkesh ShahExecutive Director1.88M1994
Prayasvin Bhanubhai PatelNon-Independent Executive Chairman & MD212.45M1958
Dipak S. DalwadiBusiness Head of Gear Division0N/A
Bhartiben Lalitkumar IsaraniCompany Secretary & Compliance Officer0N/A
Kaushik PatelBusiness Head of MHE Division0N/A
Chintan ShahChief Financial Officer0N/A
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Description

Elecon Engineering Company Limited specializes in the production and global distribution of power transmission and material handling machinery. Its business activities are categorized into two primary divisions: Material Handling Equipment and Transmission Equipment. The Transmission Equipment division offers a comprehensive array of gearboxes, including helical, bevel helical, planetary, worm, high-speed, and specialized models for wind turbines and marine applications, alongside custom-engineered solutions. This segment also supplies loose gears, vertical roller mill drives, and a variety of industrial couplings such as geared, flexible, fluid, scoop-controlled variable speed fluid, and torsion shaft types, in addition to elevator traction machines. Within its Material Handling Equipment segment, Elecon delivers systems for processing raw materials, alongside specialized machinery like stackers, scrapers, reclaimers, bagging and weighing apparatus, wagon and truck loading systems, crushers, wagon tipplers with complementary gear, feeders, idlers, pulleys, magnetic separators, weighers, detectors, port-specific equipment, and cable reeling drums. Beyond its core manufacturing, the company also operates a ferrous and non-ferrous foundry, develops alternative energy products, and extends its service offerings to include repair and refurbishment for gearboxes, as well as support services for material handling equipment. Its diverse clientele spans sectors such as cement, sugar, defense, steel, mining, power generation, plastics, chemicals, palm oil, paper, rubber, marine, and fertilizer production, in addition to serving crane manufacturers, material handling operations, wind power facilities, and ports. Established in 1951, the firm maintains its headquarters in Vallabh Vidyanagar, India.

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