Elecon Engineering Company Limited (ELECON) Financial Results — Revenue ₹746 Cr

1 Financial Results 🔴 High Importance Neutral 📄 PDF

Revenue: ₹746 CrNet Profit: ₹108 Cr

📢 Key Event
Elecon Engineering announced Q4 and FY26 audited financial results with consolidated revenue of ₹746 crores.

🔄 What Changed
Revenue grew 5.1% YoY to ₹746 crores; Gear division revenue declined 21% YoY to ₹472 crores; MHE revenue grew 36.8% YoY to ₹274 crores; EBITDA margin fell to 21.2% from 24.5%; PAT margin dropped to 14.5% from 18.4%.

🔮 What's Next
The company expects growth recovery in the Gear division supported by a healthy open order book of ₹1,292 crores and steady demand in domestic power, steel, and cement sectors; MHE segment growth to continue on strong order inflows and aftermarket expansion.

💡 Investor Takeaway
The company's near-term growth is constrained by macroeconomic headwinds in key industrial sectors, but long-term prospects remain positive due to robust order backlog and strategic focus on MHE and international markets.

Elecon Engineering reported consolidated revenue of ₹746 crores for Q4 FY26, up 5.1% YoY, with EBITDA at ₹158 crores and PAT at ₹108 crores (14.5% margin). Adjusted PAT excludes a ₹102 crore goodwill impairment and ₹19 crore net tax benefit from arbitration and other items. The Gear division saw revenue fall to ₹472 crores (-21% YoY) due to delayed orders, while MHE revenue rose 36.8% to ₹274 crores with a 22.8% EBIT margin. A final dividend of ₹1.50 per share was proposed.

2 Financial Results 🔴 High Importance Neutral 📄 PDF

Revenue: ₹2.02 L CrNet Profit: ₹34,115 Cr

📢 Key Event
Management appointments announced effective April 15, 2026

🔄 What Changed
Net profit before tax increased to ₹58,522 lakhs; cash flow from operations rose to ₹28,102 lakhs; final dividend proposed at ₹1.50 per share

🔮 What's Next
None

💡 Investor Takeaway
Shareholders gain stability with experienced leadership appointments and a proposed dividend increase, signaling confidence in financial performance.

Elecon Engineering Company Limited announced key management appointments effective April 15, 2026, including Mr. Chintan Shah as CFO and Key Managerial Person, Mr. Prayasvin Patel re-appointed as Chairman & Managing Director for three years, and Mr. Aayush Shah appointed as Executive Director. The filing also disclosed audited financial results for FY2026 with net profit before tax of ₹58,522 lakhs, revenue of ₹2,01,604 lakhs, and cash flow from operations of ₹28,102 lakhs, alongside a recommended final dividend of ₹1.50 per share.

3 Financial Results 🔴 High Importance Neutral 📄 PDF

Revenue: ₹746 CrNet Profit: ₹108 Cr

📢 Key Event
Q4 FY26 earnings conference call investor presentation

🔄 What Changed
openOrderBook increased 36% YoY to 1292 crores

💡 Investor Takeaway
Shareholders should note margin pressure from macroeconomic challenges despite strong order book growth.

Elecon Engineering reported consolidated revenue of ₹746 crores in Q4 FY26, down 7% YoY, with EBITDA at ₹158 crores (21.2% margin) and PAT of ₹108 crores (14.5% margin). The open order book rose 36% YoY to ₹1,292 crores, driven by MHE growth, while Gear division faced macroeconomic headwinds. Adjusted results reflect one-time arbitration settlements and goodwill impairments.

4 Financial Results 🔴 High Importance Neutral 📄 PDF

Revenue: ₹2.02 L CrNet Profit: ₹4,442 Cr

📢 Key Event
Board approves new director appointments and auditor re-appointments

💡 Investor Takeaway
The company delivered strong revenue growth and profitability, with a proposed dividend signaling confidence in future performance.

Elecon Engineering reported a 69.9% YoY revenue jump to ₹2,016.04 crores for FY26, driven by strong segment growth, while net profit rose to ₹585.22 crores after a one-time labour code charge. The board appointed new directors and re-appointed auditors, with a final dividend of ₹1.50 per share proposed.