Elecon Engineering Corporate Filings & Announcements

Industrial Machinery company Elecon Engineering Company announced Q2FY26 results Revenue: Rs 578 crore compared to Rs 508 crore during Q2FY25, change 13%. EBITDA: Rs 126 crore compared to Rs 112 crore during Q2FY25, change 11.9%. EBITDA Margin: 21.7% for Q2FY26. PAT: Rs 88 crore compared to Rs 88 crore during Q2FY25. PAT Margin: 15.2% for Q2FY26. Shri Prayasvin B. Patel, Chairman & Managing Director, Elecon Engineering Company, said: “For Q2FY26, Elecon reported Consolidated Revenue of Rs 578 crore, reflecting a growth of 13.8% on a YoY basis. EBITDA for the quarter stood at Rs 126 crore, with an EBITDA margin at 21.7%, while Profit after Tax (PAT) was Rs 88 crore, resulting in PAT margins at 15.2%. The Order-in-take for the quarter was Rs 688 crore with a growth of 28% YoY. Our current order book, along with Order-in-take outlook across both domestic and overseas markets, reinforces our confidence in meeting the full-year guidance. Elecon continues to be a leader in the Indian market for both Industrial Gear Solutions and Material Handling Equipment and is able to harness the growth momentum in India. We continue to focus on overseas business across different geographies. Our competitive edge is driven by advanced manufacturing capabilities which has been upgraded with latest machines in past 3 years, a comprehensive portfolio of high-quality products, and the ability to deliver custom-engineered solutions with optimized lead times, ensuring consistent and quality products for our diversified customers. During Q2FY26, our Material Handling Equipment (MHE) division sustained its strong growth trajectory, delivering 33.0% YoY growth in revenue along with uptick in margins. As we pivot towards product supply and expand our aftermarket services, we expect this segment to maintain steady momentum in the years ahead. Our Gear division also demonstrated a resilient performance, registering 8.9% YoY revenue growth and EBIT margin stood at 19.2%. We are seeing healthy demand in both, domestic and overseas markets. In India, we are witnessing sustained investment activity in our key sectors — steel, power, and cement — which is expected to drive growth. The overseas business too remains on a solid footing, with consistent traction and encouraging enquiry levels across various 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 sustained brand-building initiatives continue to 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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Elecon Engineering Corporate Filings & Announcements

Latest corporate announcements and filings from Elecon Engineering on BSE