Elecon Engineering Company Ltd operates in the Speed changers, drives, and gears sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Elecon Engineering Company Ltd with three other
industrial machinery manufacturers in Asia:
Harmonic Drive Systems Incorporation
sales of 28.28 billion Japanese Yen [US$244.89 million]
of which 83%
was Operating Segment-Japan),
Nippon Gear Co., Ltd.
(8.63 billion Japanese Yen [US$74.71 million]
based in Japan
(17.48 billion Japanese Yen [US$151.40 million]
of which 73%
was Reduction gear).
Elecon Engineering Company Ltd reported sales of 12.85 billion Indian Rupees (US$188.17 million)
March of 2016.
decrease of 3.3%
versus 2015, when the company's sales were 13.29 billion Indian Rupees.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Elecon Engineering Company Ltd had sales
of 12.19 billion Indian Rupees.
Contributing to the drop in overall sales was the 28.9% decline
in Unallocable, from 326.43 million Indian Rupees to 231.98 million Indian Rupees.
There were also decreases in sales in
Transmission Equipment (down 0.1% to 8.53 billion Indian Rupees)
Material Handling Equipment (down 7.3% to 4.80 billion Indian Rupees)