Where is Elecon located?

Elecon is headquartered in Anand, India. It is registered at ANAND, SUJITRA ROAD VALLABH VIDYANAGAR, VALLABH VIDYANAGAR, Gujarat, India, 388120.

Which legal entities is Elecon associated with?

Elecon is associated with ELECON ENGINEERING COMPANY LIMITED and 2 others.

How many employees does Elecon have?

As of Sep 30, 2026, the latest employee count at Elecon is 1823.

What is the annual revenue of Elecon?

Annual revenue of Elecon is more than ₹1,000 Cr as on Mar 31, 2026

Where does Elecon rank among its competitors?

Elecon ranks 1st amongst 174 active competitors, none of which are funded.

Who are the top competitors of Elecon?

Elecon's top competitors include Shanthi Gears, SEW-EURODRIVE and Horsburgh & Scott. Among them, Horsburgh & Scott secured the most recent funding round in July, 2020.

Elecon - 2026 Company Profile, Team, Competitors & Financials

Company Details

Website: www.elecon.com/
Email ID: *****@elecon.com
Phone Number: +91 **********
Registered Address: ANAND, SUJITRA ROAD VALLABH VIDYANAGAR, VALLABH VIDYANAGAR, Gujarat, India, 388120

Key Metrics

Founded Year

1951

Location

Anand, India

Stage

Public

Ranked

1^st among 174 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

1,823 as on Sep 30, 2026

Similar Companies

Shanthi Gears & 140 more

Exit Details

Public

View Elecon's full profile

Elecon is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
RADICON TRANSMISSION UK LIMITED CIN: 7397993 , United Kingdom, Active	Oct 05, 2010	£1M - £10M (As on Mar 31, 2025)	56 (As on Mar 31, 2025)
ELECON PERIPHERALS LIMITED CIN: U29224GJ1998PLC034233 , India, Active	Jun 08, 1998	₹50 - ₹100 Cr (As on Mar 31, 2025)	31 (As on Oct 31, 2024)
ELECON ENGINEERING COMPANY LIMITED CIN: L29100GJ1960PLC001082 , India, Active	Jan 11, 1960	₹1,000+ Cr (As on Mar 31, 2026)	767 (As on Sep 30, 2024)

Elecon got listed on May 17, 2000.

Click here to take a look at Elecon's IPO in detail

Elecon is a funded company.

Elecon's employee count trend

Elecon has 1,823 employees as of Sep 26. Here is Elecon's employee count trend over the years:

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Top competitors of Elecon include Shanthi Gears, SEW-EURODRIVE and Horsburgh & Scott. Here is the list of Top 10 competitors of Elecon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Elecon 1951, Anand (India), Public	Manufacturer of industrial geared motors, material handling, and mining equipment	-	-	56/100
2nd	Shanthi Gears 1972, Coimbatore (India), Public	Manufacturer and supplier of standard and customizable gearboxes and power transmission products	-	-	48/100
3rd	SEW-EURODRIVE 1931, Lyman (United States), Funding Raised	Manufacturer of gearmotors, inverters and drives	-	Europa	46/100
4th	Horsburgh & Scott 1886, Cleveland (United States), Acquired	Manufacturer of gearing and gearboxes	-	The Edgewater Funds, Linsalata Capital Partners ... & 2 others	42/100
5th	Niebuhr Gears 1972, Ikast (Denmark), Early Stage	Manufacturer of gear components for industrial machine builders	$1.42M	Impact Fund Denmark, Den Sociale Kapitalfond	38/100
6th	Rossi 1953, Modena (Italy), Unfunded	Manufacturer of gearmotors and gear reducers	-	-	37/100
7th	Neugart 1928, Kippenheim (Germany), Unfunded	Manufacturer and supplier of industrial automation system	-	-	37/100
8th	Bevel 1985, Bengaluru (India), Unfunded	Designing and manufacturing bevel gears & gearboxes	-	-	37/100
9th	Eickhoff 1864, Bochum (Germany), Acquired	Manufacturer of gearboxes and machines for mining, wind, and rail	-	-	36/100
10th	Magtorq 1989, Hosur (India), Unfunded	Manufacturer of planetary gearboxes and mechanical power transmission drive components	-	-	34/100

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ELECON ENGINEERING COMPANY LIMITED, the legal entity associated with Elecon, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of ELECON ENGINEERING COMPANY LIMITED has a compounded annual growth rate (CAGR) of 7% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	6458	3410	7198	8840	9439
Total Sales	2695	2105	9780	9809	1209
Total Expenses	5979	5550	8657	1546	9316
Operating Expenses	1974	2019	8142	6573	4952
Employee Expenses	8427	5675	3581	2632	9488
Marketing Expenses	7301	6059	7627	9963	1552
Operating Income (EBIT)	6081	1131	7314	9101	2165
Interest Expenses	2682	9390	5930	2925	4870
Expenses from other activities	7954	2844	2165	8424	6708
Information Technology Expenses	8008	4057	1444	8475	8559
EBITDA	5493	2430	3885	6127	8269
Taxes	6174	3154	7951	7055	5528
Net Profit	6191	4208	7692	1554	6290
Balance Sheet
Assets	1562	6099	2186	4131	1389
Cash Equivalent	8703	6720	9578	9791	5766
Accounts Receivables	7446	3200	7446	6618	6129
Inventory	7362	8874	5849	1996	8713
Liabilities	8528	5277	3240	8555	8135
Total Debt	1204	3720	2074	7406	5076
Accounts Payable	8266	2083	2532	7904	9716
Equities	2869	3609	9671	6013	9091
Cashflow Statement
Cash from Operating activities	4199	5031	5866	3979	7498
Cash from Investing activities	1170	2759	7946	3236	4939
Net cash from Financing activities	9677	6072	6943	5288	3830