Elecon Engineering Company Share Price

Industrial Machinery company Elecon Engineering Company announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: Stood at Rs 52,056 lakh for Q1FY27. This represents a YoY growth of 6.11% compared to Rs 49,057 lakh in Q1FY26, and a QoQ decline of 30.18% from Rs 74,561 lakh in Q4FY26. For FY26, the revenue was Rs 2,36,605 lakh. Total Income: Reached Rs 54,247 lakh in Q1FY27, marking a YoY increase of 4.93% from Rs 51,700 lakh in the corresponding quarter of the previous year. On a QoQ basis, it decreased by 28.92% from Rs 76,318 lakh in the preceding quarter. The total income for FY26, was Rs 2,44,722 lakh. Profit Before Tax (PBT): Reported at Rs 9,316 lakh for Q1FY27. This reflects a YoY decline of 55.02% from Rs 20,712 lakh in Q1FY26 (which included a significant exceptional gain of Rs 8,047 lakh) and a QoQ increase of 130.65% from Rs 4,039 lakh in Q4 FY26 (which included an exceptional loss of Rs 10,177 lakh). For FY26, PBT stood at Rs 45,447 lakh. Net Profit for the Period (PAT): Stood at Rs 7,035 lakh for Q1FY27, showcasing a YoY drop of 59.90% compared to Rs 17,544 lakh, but a massive QoQ surge of 1072.50% from Rs 600 lakh in the previous quarter (heavily impacted by the exceptional items mentioned above). The annual net profit for FY26, was Rs 34,115 lakh. Standalone Financial Highlights: Revenue from Operations: Recorded at Rs 39,824 lakh for Q1FY27, translating to a 2.89% YoY decline from Rs 41,008 lakh, and a 39.26% QoQ decline from Rs 65,562 lakh. The annual standalone revenue for FY26, was Rs 2,01,604 lakh. Total Income: Stood at Rs 41,784 lakh for Q1FY27, representing a decrease of 3.94% YoY from Rs 43,496 lakh, and a drop of 37.70% QoQ from Rs 67,066 lakh. Total income for FY26, was Rs 2,09,164 lakh. Profit Before Tax (PBT): Stood at Rs 7,869 lakh for Q1FY27, demonstrating a YoY drop of 70.78% from Rs 26,932 lakh (impacted by an exceptional gain in Q1FY26), and a QoQ decline of 39.34% from Rs 12,972 lakh. PBT for FY26, was Rs 58,522 lakh. Net Profit for the Period (PAT): Reached Rs 5,857 lakh for Q1FY27. This reflects a YoY decline of 75.49% compared to Rs 23,892 lakh, and a QoQ decline of 39.62% from Rs 9,701 lakh. The standalone annual net profit for FY26, was Rs 47,670 lakh. Business Highlights: Order Book Metrics: The company recorded a consolidated order intake of Rs 755 crore during the quarter. The consolidated open order book stood strong at Rs 1,518 crore as of June 30, 2026. Geographical Performance: Overseas revenue reached Rs 151 crore, contributing 29% of consolidated revenue and registering a robust YoY growth of 21.9%. Domestic revenue stood at Rs 370 crore, representing 71% of the share. Segment Performance - Gear Division: Delivered a strong performance with revenue increasing by 16.3% YoY to Rs 416 crore. EBIT grew 14.7% YoY to Rs 75 crore, with a resilient margin of 17.9%. Order intake surged 18.8% YoY to Rs 570 crore, and the open order book rose 46.9% YoY to Rs 1,043 crore. Segment Performance - Material Handling Equipment (MHE) Division: Witnessed a marginal adjusted degrowth in revenue of 2.9% YoY to Rs 105 crore. EBIT decreased 25.3% YoY to Rs 27 crore (margin of 25.6%). However, order intake increased 38.1% YoY to Rs 185 crore, and the open order book rose 18.8% YoY to Rs 475 crore. The division also successfully secured an overseas order in the Port industry worth Rs 21 crore. Prayasvin B. Patel, Chairman & Managing Director of Elecon Engineering Company, said: “Q1FY27 marked another quarter of resilient performance for Elecon, with Consolidated Revenue of Rs 521 crore, EBITDA of Rs 109 crore and an EBITDA margin of 21.0%. Profit After Tax stood at Rs 70 crore, translating into a PAT margin of 13.5%. Our performance reflects disciplined execution and operational resilience. We recorded a consolidated order intake of Rs 755 crore during the quarter, while our consolidated open order book stood at Rs 1,518 crore as of 30th June 2026, providing strong revenue visibility for the quarters ahead. Our Gear Division continued its strong growth trajectory, reporting revenue of Rs 416 crore compared to Rs 357 crore in Q1FY26 grew by 16.3% YoY, with an EBIT margin of 17.9%. This performance was driven by improved execution across our overseas subsidiaries and healthy demand across domestic markets. The Material Handling Equipment (MHE) division reported revenue of Rs 105 crore, with an EBIT margin of 25.6%. While the division witnessed a temporary moderation in project execution during the quarter, the underlying demand environment remains strong. MHE order intake grew 38.1% YoY to Rs 185 crore and the open order book stood at Rs 475 crore with an increase of 18.8% YoY, providing confidence in improved execution and stronger performance in the coming quarters. Our Overseas revenue reached Rs 151 crore during the quarter, contributing 29% of consolidated revenue and registering a robust YoY growth of 21.9%. Additionally, our MHE division has secured an order in overseas market for Port industry of Rs 21 crore during the quarter, demonstrating our strategic initiatives are paying dividends. While global macroeconomic and geopolitical uncertainties persist; we are encouraged by the early signs of recovery across several international markets and remain focused on expanding our global presence. As India's market leader in Industrial Gear Solutions and Material Handling Equipment, Elecon remains well positioned to capitalize on opportunities across domestic and international markets. Supported by advanced manufacturing capabilities, continuous investments in R&D;, strategic global partnerships and engineering excellence, we are confident of sustaining profitable growth, strengthening our market leadership and creating long-term value for all our stakeholders.” Result PDF

• Trendlyne
• 23 hours 47 minutes ago

Conference Call with Elecon Engineering Company Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 2 months 3 weeks ago

Industrial Machinery company Elecon Engineering Company announced Q4FY26 & FY26 results Q4FY26 Financial Highlights: Revenue from operations: Rs 746 crore against Rs 798 crore during Q4FY25, change -7%. EBITDA: Rs 158 crore against Rs 195 crore during Q4FY25, change -19%. EBITDA Margin: 21.2% for Q4FY26. PAT: Rs 108 crore against Rs 146 crore during Q4FY25, change -26%. PAT Margin: 14.5% for Q4FY26. FY26 Financial Highlights: Revenue from operations: Rs 2,366 crore against Rs 2,227 crore during FY25, change 6%. EBITDA: Rs 523 crore against Rs 548 crore during FY25, change -5%. EBITDA Margin: 22.1% for FY26. PAT: Rs 341 crore against Rs 415 crore during FY25, change -18%. PAT Margin: 14.4% for FY26. Prayasvin B. Patel, Chairman & Managing Director, Elecon Engineering Company, said: “For Q4FY26, Elecon reported Consolidated Revenue of Rs 746 crore, with an EBITDA of Rs 158 crore and EBITDA margin at 21.2%, while Profit after Tax (PAT) was Rs 108 crore (after excluding Impairment loss of Goodwill Rs 102 crore recognized as an exceptional item below PBT), translating into a PAT margins at 14.5%. Order-in-take for the quarter was Rs 657 crore, and open order book as at 31st March 2026 stood at Rs 1,292 crore. The strong open order book, combined with a healthy order inflow outlook across markets, provides good visibility for the coming year. Elecon continues to be a market leader in India for both Industrial Gear Solutions and Material Handling Equipment and continues to maintain the growth momentum in the domestic market. Despite near term global challenges, we remain focused on expanding our overseas business across multiple geographies. Our competitive edge is driven by advanced manufacturing capabilities, recently upgraded with state-of-the-art machinery, a comprehensive portfolio of high-quality products, and the ability to deliver custom-engineered solutions with optimized lead times, ensuring consistent and reliable performance for our diverse customer base. During Q4FY26, our Material Handling Equipment (MHE) division sustained its strong growth trajectory, reporting revenue of Rs 274 crore, up 36.8% YoY, with an EBIT margin of 22.8%. With our strategic focus on product supply and expansion of aftermarket services, we expect this segment to maintain steady momentum going forward. Revenue in the Gear Division for Q4 FY26 was Rs 472 crore compared to Rs 597 crore in Q4FY25, with an EBIT margin of 19.3%. This decrease was primarily attributable to delays in order inflows, extended dispatch schedules, and the deferment of deliveries by customers amid ongoing global macroeconomic challenges. We are carrying a healthy open order book for next year which provides confidence in a growth recovery for this division in the coming year. Demand remains healthy across both domestic and overseas markets. In India, sustained investment activity in key sectors such as power, steel, and cement is expected to drive growth. While geopolitical uncertainties persist, we are beginning to see early signs of recovery in our overseas business. Our growth strategy remains focused on forging strategic alliances with global partners, continued investments in R&D; and innovation, and scaling our high-growth MHE division. These initiatives position Elecon to outperform industry trends, expand its domestic and global presence, and deliver sustainable, profitable growth over the long term.” Result PDF

• Trendlyne
• 2 months 3 weeks ago