Announced Thu, 25 Jun · 14:36 IST
Eimco Elecon Chairman outlines FY performance at 52nd AGM, Rs 4 dividend
Investor Communications View source PDF
EIMCOELECO · price
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Price reaction · full curve 14 horizons · vs prior close
-7.5%1-day move
₹1800.00
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₹1739.40
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AI summary
At the 52nd AGM, Eimco Elecon reported FY revenue of Rs 231 crore, EBITDA of Rs 42 crore (18.3% margin), and PAT of Rs 39 crore (16.8% margin). The company launched the Continuous Miner 3500 for underground coal mining and entered the battery-operated equipment market with an indigenous passenger car and multi-utility vehicle. Board recommended a final dividend of Rs 4 per share. Net cash position maintained with focus on R&D and brand strengthening.
Likely market impact
Steady margins, debt-free balance sheet, new product launches in mining and EVs, plus dividend payout signal financial discipline.