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:
Shanthi Gears Limited
sales of 2.42 billion Indian Rupees [US$34.00 million]
Nippon Gear Co., Ltd.
(7.39 billion Japanese Yen [US$67.14 million]
based in Japan
(19.34 billion Japanese Yen [US$175.57 million]
of which 75%
was Reduction gear).
Elecon Engineering Company Ltd reported sales of 12.23 billion Indian Rupees (US$172.09 million)
March of 2019.
increase of 3.6%
versus 2018, when the company's sales were 11.80 billion Indian Rupees.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Elecon Engineering Company Ltd had sales
of 12.93 billion Indian Rupees.
Sales of Transmission Equipment saw an increase
that was more than double the company's growth rate: sales were up
8.9% in 2019, from
8.06 billion Indian Rupees to 8.78 billion Indian Rupees.
Not all segments of Elecon Engineering Company Ltd experienced an increase in sales in 2019:
sales of Material Handling Equipment fell 9.8% to 3.45 billion Indian Rupees.