Skip to content
NIFTY 5023,842.75+0.54%SENSEX78,553.20+0.54%NIFTY BANK51,236.80−0.17%NIFTY IT33,156.40+0.75%NIFTY PHARMA19,872.35+0.28%NIFTY AUTO23,145.90−0.48%NIFTY FMCG56,234.15+0.32%INDIA VIX13.42−2.75%NIFTY 5023,842.75+0.54%SENSEX78,553.20+0.54%NIFTY BANK51,236.80−0.17%NIFTY IT33,156.40+0.75%NIFTY PHARMA19,872.35+0.28%NIFTY AUTO23,145.90−0.48%NIFTY FMCG56,234.15+0.32%INDIA VIX13.42−2.75%
BarakFi
ScreenerExploreToolsWatchlist
Log inGet started
Loading stock detail

Preparing the latest stock view…

We're pulling the screening verdict, quote snapshot, and company context now.

Is Elecon Engineering Co. Ltd. Shariah Compliant? | BarakFi | BarakFi
NIFTY 5023,842.75+0.54%SENSEX78,553.20+0.54%NIFTY BANK51,236.80−0.17%NIFTY IT33,156.40+0.75%NIFTY PHARMA19,872.35+0.28%NIFTY AUTO23,145.90−0.48%NIFTY FMCG56,234.15+0.32%INDIA VIX13.42−2.75%NIFTY 5023,842.75+0.54%SENSEX78,553.20+0.54%NIFTY BANK51,236.80−0.17%NIFTY IT33,156.40+0.75%NIFTY PHARMA19,872.35+0.28%NIFTY AUTO23,145.90−0.48%NIFTY FMCG56,234.15+0.32%INDIA VIX13.42−2.75%
BarakFi
ScreenerExploreToolsWatchlist
Log inGet started
Home›Screener›ELECON
ELECON logo
ELECONNSE

Elecon Engineering Co. Ltd.

Capital Goods · Mid Cap · India
₹505.35
▼ ₹27.35 (-5.13%) today
Day Range: ₹495.5 – ₹509
Volume: 2.1 L · as of 4 Jun 2026, 5:32 am
Shariah Status
Requires Review
Report Credit
Opening this stock page uses 1 of your 50 monthly report credits.
Last screened 3 Jun 2026, 7:33 pm IST.
Methodology
AAOIFI aligned · 2026.04.2
See Full Breakdown
Requires Review
Compliance
Market Data
About
Similar Stocks
Add to Watchlist
Share
Shariah Compliance Breakdown
Debt Ratio
Interest-bearing debt compared to methodology denominator (AAOIFI: total assets). Must stay below 30%.
Disclaimer:The information on this page is for educational purposes only and does not constitute a religious ruling (fatwa) or financial advice. Shariah compliance status is derived from publicly available financial data and BarakFi's methodology mapping. Individual scholars may reach different conclusions. Always consult a qualified Islamic finance scholar and a licensed financial advisor before making investment decisions.
BarakFi

Shariah-compliant equity screening for the Indian market.

support@barakfi.inBarakFi on LinkedIn
Product
ScreenerWatchlistTrending
Resources
Halal Stocks IndiaAbout UsMethodologyPurification
Legal
TermsPrivacyDisclaimer
© 2026 BarakFi · Educational screening · Not a religious ruling or financial adviceMade in India
Threshold: 30%
Not disclosed
Borderline
Interest Income
Interest and treasury-based income as a share of business income. Must stay below 5%.
Threshold: 5%
0.0%
Pass
Non-permissible Income
Non-halal income compared to total business income. Must stay below 5%.
Threshold: 5%
Not detected
Pass
Accounts Receivable
Receivables compared to methodology denominator (AAOIFI: total assets). Must stay below 49%.
Threshold: 49%
22.3%
Pass
Business Activity
Core business lines should avoid prohibited sectors and interest-driven revenue dependence.
Allowed
Pass
Cash & Interest-bearing Assets
Cash, equivalents, and interest-bearing balances compared to total assets. Must stay below 30%.
Threshold: 30%
23.6%
Borderline
Why Requires Review
Elecon Engineering Co. Ltd. currently screens as requires review on BarakFi. Insufficient data for: debt_ratio. Debt ratio: Total debt figure is missing from the latest reliable filing.
Market Data
Current Price
₹505.35
Day Range
₹495.5 – ₹509
52-Week Range
₹352 – ₹715
Volume
2.1 L
Market Cap
₹11,340 Cr
P/E Ratio
—
About Elecon Engineering Co. Ltd.

Elecon Engineering Co. Ltd. engages in the manufacture and sale of material handling equipment and industrial gears. The company is headquartered in Vallabh Vidyanagar, Gujarat and currently employs 652 full-time employees. The Company’s operating segments are material handling equipment and transmission equipment. Its Material handling equipment segment is engaged in manufacturing material handling equipment’s like raw material handling systems, stackers, reclaimers, bagging & weighing machines, wagon & truck loaders, crushers, wagon tipplers, feeder’s ad port equipment. The company is also engaged in executing projects on this material handling equipment. The company Transmission equipment segment manufacturing of material transmission equipment like gearboxes, couplings, and elevator traction machines.

BarakFi combines that company context with filing-driven screening ratios, market-cap evidence, and live quote snapshots so you can review the stock through a Shariah-screening lens without losing the underlying business picture.

Index and universe context: Nifty 500 • Nifty SMALLCAP 100.

Capital GoodsMid CapIndiaNSENifty 500Nifty SMALLCAP 100
Other Stocks in Capital Goods
POWERINDIA
Hitachi Energy India Ltd.
Not Compliant
TMCV
Tata Motors Ltd.
Compliant
ENRIN
Siemens Energy India Ltd.
Compliant
GVT&D
GE Vernova T&D India Ltd.
Compliant
MAZDOCK
Mazagoan Dock Shipbuilders Ltd.
Compliant
Key Compliance Ratios
Debt RatioNot disclosed
Interest Income0.0%
Non-permissible IncomeNot detected
Receivables Ratio22.3%
Overall StatusRequires Review
Stock Information
TickerELECON
ExchangeNSE
SectorCapital Goods
CountryIndia
Market Cap₹11,340 Cr
36M Avg MCap₹11,916 Cr
Cap SizeMid Cap
About this Screening
This page uses an AAOIFI-aligned methodology version 2026.04.2, checking debt, interest income, non-permissible income, receivables, and balance-sheet context from the current filings dataset.

This is educational only — not a religious ruling or financial advice. Read the full methodology for threshold context and update cadence.

Read full methodology →
Track this stock
Add ELECON to your watchlist so you can revisit its status after the next fundamentals sync.
Open Watchlist