Elecon Engineering Company Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Elecon Engineering reported consolidated Q1 FY27 revenue of Rs 521 crores, up 11.9% year-on-year on an adjusted basis, with EBITDA of Rs 109 crores at a 21% margin and PAT of Rs 70 crores. The Gear division grew revenue 16.3% year-on-year while the MHE division saw revenue decline 2.9% due to project execution delays. Management cited a consolidated order intake growth of 23% to Rs 755 crores and an open order book up 36.8% to Rs 1,518 crores, while guiding to low double-digit revenue growth for FY27 with EBITDA margin maintained at last year's level.
Elecon Engineering reported Q4 FY26 consolidated revenue of INR746 crores, down from INR798 crores a year earlier, with the Gear Division revenue falling 21% year-on-year while the MHE Division grew 37%. Management attributed the Gear Division decline to delayed order inflows, extended dispatch timelines and customer-led deferment of deliveries linked to geopolitical uncertainty. Full year FY26 adjusted consolidated revenue was INR2,341 crores versus INR2,227 crores in FY25, and the company recognized a one-time goodwill impairment of INR102 crores as an exceptional item.