Wednesday, 7 October 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

Elecon Engineering Company Earnings Call: Key Takeaways

Elecon delivered Q1 FY27 consolidated revenue of ₹521 Cr (+11.9% YoY) with EBITDA margins at 21.0%. The company is leveraging strong demand in Gear divisions and global expansion to drive growth.

Highlights
Revenue growth11.9% YoY consolidated growth.
MarginsEBITDA margin at 21%; Gear EBIT 17.9%, MHE EBIT 25.6%.
Order book₹1,518 Cr total; Gear ₹1,043 Cr, MHE ₹475 Cr.
Demand visibilityStrong, backed by ₹1,518 crore open order book.
Management confidenceHigh, citing resilient performance and disciplined execution.

Growth

Revenue grew 11.9% YoY to ₹521 Cr; Gear division revenue rose 16.3% to ₹416 Cr.

Outlook

Open order book stands at ₹1,518 Cr (+37% YoY), providing strong revenue visibility for upcoming quarters.

Risks

MHE division saw 2.9% revenue degrowth due to project execution timing and increased input costs.

Last quarter's promises, checked

Delivered

  • Guided Gear Division return to growth → delivered +16.3% YoY revenue (= BEAT)
  • Guided MHE margins 20-22% → delivered 25.6% EBIT margin (= BEAT)
  • Guided no degrowth for FY27 → delivered +11.9% revenue growth in Q1 (= BEAT)

Partly delivered

  • Guided MHE growth to continue at same pace → delivered -2.9% revenue degrowth (= MISS)

Missed

  • Guided EBITDA margins 22-24% → delivered 21.0% (= MISS)
Source

Earnings Call filed with BSE, NSE: ELECON. Summary written with AI assistance from the document.

Read the document ↗

Elecon Engineering Company Ltd: key numbers

Share price
₹441.65
Market cap
₹9,911 Cr
Revenue (annual)
₹2,366 Cr
Net profit (annual)
₹341.1 Cr
P/E (TTM)
42.0×Sector 53.9×
Promoter holding
59.27%+0.00% QoQ
FII holding
6.99%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Elecon Engineering Company Ltd

All →
15:05 IST NSE
Annual General Meeting

Elecon Engineering Company Annual General Meeting

Elecon Engineering Company's shareholders approved the reappointment of Mr. Pranav C. Amin as a Non-Executive & Independent Director via postal ballot.

18:19 IST BSE
Credit Rating

Elecon Engineering Company Credit Rating

ICRA reaffirmed Elecon Engineering's credit ratings at [ICRA]AA (Positive) and [ICRA]A1+. The ratings apply to bank facilities worth Rs. 400 Crore.

Value
₹400.0 Cr
17:11 IST NSE
Board Meeting Date

Elecon Engineering Company Board Meeting Date

Elecon Engineering will hold a board meeting on July 10, 2026. The agenda includes reviewing unaudited standalone and consolidated results.

18:26 IST BSE
Annual General Meeting

Elecon Engineering Company Annual General Meeting

Elecon Engineering held its 66th AGM on June 25, 2026. Key resolutions included financial statement adoption and dividend declaration.

14:42 IST NSE
Merger & Restructuring

Elecon Engineering Company Merger & Restructuring

Elecon Engineering has incorporated Grupo Radicon SA de CV, a wholly‑owned step‑down subsidiary. The new entity expands Elecon’s global footprint and may support future growth initiatives.