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Industrial Machinery company Elecon Engineering Company announced Q3FY26 results Revenue: Rs 552 crore against Rs 529 crore during Q3FY25, change 4.3%. EBITDA: Rs 109 crore against Rs 143 crore during Q3FY25, change -23.4%. EBITDA Margin: 19.8% for Q3FY26. PAT: Rs 72 crore against Rs 108 crore during Q3FY25, change -33.1%. PAT Margin: 13.0% for Q3FY26. Prayasvin B. Patel, Chairman & Managing Director, Elecon Engineering Company, said: “For Q3FY26, Elecon reported Consolidated Revenue of Rs 552 crore, reflecting a growth of 4.3% on a YoY basis. EBITDA for the quarter stood at Rs 109 crore, with an EBITDA margin at 19.8%, while Profit after Tax (PAT) was Rs 72 crore, resulting in PAT margins at 13.0%. Order-in-take for the quarter was Rs 701 crore, and our order book as at 31st December 2025 stood at Rs 1,372 crore. The strong order book, combined with a healthy order inflow outlook across both domestic and overseas markets, provides good visibility and confidence going forward. Elecon continues to be a market leader in India for both Industrial Gear Solutions and Material Handling Equipment, successfully harnessing the growth momentum in the domestic market. At the same time, we are 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 customers. During Q3FY26, our Material Handling Equipment (MHE) division sustained its strong growth trajectory, reporting revenue of Rs 123 crore, up 16.3% YoY, with an EBIT margin of 20.2%. With our strategic focus on product supply and expansion of aftermarket services, we expect this segment to maintain steady momentum going forward. Our Gear division delivered a resilient performance, reporting revenue of Rs 429 crore, up 1.3% YoY, with an EBIT margin of 18.2%. Demand remains healthy across both domestic and overseas markets. In India, sustained investment activity in key sectors such as steel, power, and cement is expected to drive growth. The overseas business is also showing signs of recovery, with consistent traction and encouraging enquiry levels across multiple geographies. We are steadily advancing towards our strategic objective of generating 50% of our consolidated revenue from international markets by FY30. Strengthening relationships with global OEMs and continued brand-building initiatives reinforce our confidence in achieving this milestone. Our growth strategy is underpinned by strategic alliances with international partners, Continued investments in R&D; and innovation, and a focused push to scale our high-growth MHE division. These initiatives collectively position Elecon to outperform industry trends, expand our domestic and global presence, and most importantly, deliver sustainable, profitable growth.” Result PDF

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