Vijay Kedia portfolio update, Kedia Securities, Multibagger Stock
Kedia Securities recently purchased 57,441 shares of Eimco Elecon at a price of Rs 1,906.71 per share, investing a total of approximately Rs. 10.95 crore.
About Eimco Elecon
Eimco Elecon (India) Limited, incorporated in 1974, is in the business of Manufacturing and Marketing Equipment for Underground and Opencast mines.
The Co is situated at Vallabh Vidyanagar, Gujarat.
It was the first Co. to introduce the intermediate technology of Side Dump Loaders, Load Haul Dumpers and Rocker Shovel Loaders in India.
Eimco Elecon Q1 FY 26 Financial Highlights
The company reported revenue of Rs. 68 crore in Q1FY26, a 6% sequential rise from Rs. 64 crore in Q4FY25 but a 3% decline year-on-year from Rs. 70 crore in Q1FY25.
Despite the slight annual dip, the firm’s 3-year sales CAGR of 43% highlights sustained long-term growth momentum.
Profit for Q1FY26 stood at Rs. 14 crore, down 6.7% sequentially compared to Rs. 15 crore in Q4FY25 and down 7% YoY from Rs. 15 crore in Q1FY25.
Over the past three years, profit has grown at a strong 78% CAGR with ROE rising at a 10% CAGR, reflecting consistent earnings efficiency.
Eimcon Elecon Share Price Analysis
Eimco Elecon stock price touched an all time high of Rs. 3499 in July 2024. Ever since it has been going in a downward trend
It’s CMP is 2051 which is about 40% down from the top..
One more important thing to note is that the stock witnessed it’s highest ever volume on 08 Oct 2025.
Currently the stock PE is at 24.1 which is lower than it’s industry PE of 35.7