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Elecon Engineering Company Limited (ELECON.NS)

438.25 +18.50 (+4.41%)
At close: 3:29:49 PM GMT+5:30

Key Executives

Amounts are as of December 31, 2026 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.
Name Title Pay Exercised Year Born
Mr. Prayasvin Bhanubhai Patel BE, MBA
Non-Independent Executive Chairman & MD 212.45M -- 1958
Ms. Bhartiben Lalitkumar Isarani
Company Secretary & Compliance Officer -- -- --
Mr. Aayush Alkesh Shah
Executive Director 1.88M -- 1994
Mr. Chintan J. Shah
Chief Financial Officer -- -- --
Mr. Kaushik M. Patel
Business Head of MHE Division -- -- --
Mr. Dipak S. Dalwadi
Business Head of Gear Division -- -- --

Elecon Engineering Company Limited

Anand-Sojitra Road
District Anand
Vallabh Vidya Nagar, 388120
India
91 26 9223 8701 https://www.elecon.com
Sector: 
Industrials
Full Time Employees: 
2,452

Description

Elecon Engineering Company Limited manufactures and sells industrial gears and material handling equipment in India and internationally. The company operates in two segments, Material Handling Equipment and Transmission Equipment. It offers helical and bevel helical, planetary, worm, wind turbine, marine, and custom-built gear boxes; and customized gear boxes, loose gears, and couplings. The company also provides material handling equipment, such as raw material handling systems, stackers, scrapers/reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers and associated equipment, feeders, idlers and pulleys, magnates/weighers/detectors, port equipment, and cable reeling drums; and alternate energy products. In addition, it engages in the ferrous and non-ferrous foundry business. Further, the company offers gearbox repair and refurbish services; and material handling equipment support services. It serves cement, sugar, defense, steel, mineral, metal, mining, power, plastic, material handling, chemical, crane, paper, rubber, marine, and fertilizer industries, as well as windmills. Elecon Engineering Company Limited was founded in 1951 and is based in Vallabh Vidya Nagar, India.

Corporate Governance

Elecon Engineering Company Limited’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

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October 21, 2026 at 12:00 AM UTC

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