StoxInox Wind vs Elecon Engineering Co.: share price & financials comparison
NSE: INOXWIND vs ELECON · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Inox Wind vs Elecon Engineering Co. at a glance
Inox Wind (INOXWIND) has a market capitalisation of ₹11,139 Cr, against ₹9,963 Cr for Elecon Engineering Co. (ELECON). Over the past year Elecon Engineering Co. has returned -21.5%, compared with -58.4% for Inox Wind. On valuation, Inox Wind trades at a lower P/E of 35.8 versus 103.4. Inox Wind earns a higher return on equity (4.6% vs 3.8%). Inox Wind comes out ahead on size, valuation, profitability and growth. Elecon Engineering Co. comes out ahead on momentum and technicals. Across the scored metrics below, Inox Wind leads on 8 and Elecon Engineering Co. on 8. On StoxGud's 10-point checklist, Inox Wind scores 4/10 and Elecon Engineering Co. scores 4/10.
| Metric | Inox Wind | Elecon Engineering Co. |
|---|---|---|
| Size | ||
| Market cap | ₹11,139 Cr | ₹9,963 Cr |
| Revenue (latest FY) | ₹4,397 Cr | ₹2,366 Cr |
| Net profit (latest FY) | ₹405 Cr | ₹0 Cr |
| Valuation | ||
| P/E | 35.8 | 103.4 |
| P/B | 1.64 | 3.97 |
| Dividend yield | — | 0.45% |
| Profitability | ||
| Return on equity | 4.6% | 3.8% |
| Net profit margin | 6.7% | 3.9% |
| Operating margin | 18.2% | 21.3% |
| Growth | ||
| Revenue growth (YoY) | +21.0% | +10.5% |
| Net profit growth (YoY) | -35.9% | +9.8% |
| Revenue CAGR (multi-year) | +44.0% | +17.8% |
| Financial health | ||
| Debt to equity | 0.36 | 0.00 |
| Momentum | ||
| 1-month return | -7.8% | +0.9% |
| 1-year return | -58.4% | -21.5% |
| 3-year CAGR | +0.2% | -0.5% |
| 5-year CAGR | +15.1% | +39.1% |
| 10-year CAGR | +3.3% | +33.3% |
| Distance from 52W high | -57.5% | -21.1% |
| Technicals | ||
| RSI (14) | 63 | 59 |
| Price vs 200-day avg | -23.1% | -1.9% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Inox Wind | Elecon Engineering Co. |
|---|---|---|
| Price above 50-day average | ✗ | ✓ |
| Price above 200-day average | ✗ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✗ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✗ |
| P/E below industry median | ✓ | ✗ |
| Score | 4/10 | 4/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Inox Wind or Elecon Engineering Co.?
Inox Wind has a market cap of ₹11,139 Cr and Elecon Engineering Co. has a market cap of ₹9,963 Cr as of 13 Nov 2026.
Which has a lower P/E, Inox Wind or Elecon Engineering Co.?
Inox Wind has the lower P/E: Inox Wind trades at 35.8 and Elecon Engineering Co. at 103.4.
Which gave better returns in the last year, Inox Wind or Elecon Engineering Co.?
Elecon Engineering Co. did better: Inox Wind returned -58.4% and Elecon Engineering Co. returned -21.5% over one year.
What is the difference between Inox Wind and Elecon Engineering Co.?
Both are NSE-listed companies in Capital Goods. They are about the same size by market cap (₹11,139 Cr vs ₹9,963 Cr). In the latest financial year Inox Wind reported revenue of ₹4,397 Cr and Elecon Engineering Co. ₹2,366 Cr. Operating margin is 18.2% for Inox Wind and 21.3% for Elecon Engineering Co.. Debt to equity is 0.36 for Inox Wind and 0.00 for Elecon Engineering Co..
Which is better, Inox Wind or Elecon Engineering Co.?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Inox Wind leads on 8 and Elecon Engineering Co. on 8. Inox Wind is ahead on size, valuation, profitability and growth. Elecon Engineering Co. is ahead on momentum and technicals. On StoxGud's rules-based checklist Inox Wind scores 4/10 and Elecon Engineering Co. scores 4/10. This is information, not advice: consult a SEBI-registered adviser before investing.