Elecon Engineering Company Limited — Investor Meet, 02-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Elecon Engineering delivered record revenue of INR 798 Cr in Q4, up 41.3% YoY, and INR 2,227 Cr for FY’25, growing 14.9%. EBITDA margin improved 40 bps to 24.5%, driven by operational efficiencies. The Gear division grew 28.9%, while MHE surged 98.2% on strong sector demand. Order book stands at INR 948 Cr, supporting guidance of INR 2,650 Cr revenue with stable 24% EBITDA margin for FY’26. International business (27-30% of revenue) is expanding across Americas, Middle East, and Far East. Management is focused on geographic diversification, capacity expansion, and sustaining growth via R&D and after-sales. Dividend raised to 150%.