Elecon Engineering Company Limited — PPTs, 08-01-2026: Investor Presentation

Elecon Engineering reported Q3 FY26 revenue of Rs 552 Cr (+4% YoY) and 9M FY26 revenue of Rs 1,620 Cr (+13% YoY). Q3 EBITDA stood at Rs 109 Cr (-23% YoY) with a 19.8% margin, while 9M EBITDA reached Rs 365 Cr (+5% YoY), including a one-time arbitration settlement. The MHE division showed strong momentum, with Q3 revenue up 16.3% YoY. The Gear division's Q3 revenue was largely flat due to earlier order delays. Domestic markets performed strongly, with overseas business showing signs of recovery.

The company's strategy focuses on expanding international presence, aiming for 50% of consolidated revenue from global markets by FY30. This involves strengthening OEM relationships, brand building, R&D investments, and scaling the MHE division. Recent highlights include a robust open order book of Rs 1,372 Cr as of December 31, 2025 (+24.2% YoY).

Q3 FY26 profit after tax was Rs 72 Cr (-33.1% YoY), reflecting a 13.0% margin. Q3 order intake was strong at Rs 701 Cr (+7% YoY), contributing to a 9M order intake of Rs 2,003 Cr (+15% YoY). Management anticipates FY26 revenue may be lower by up to 5% and adjusted EBITDA margins by up to 2%. However, a healthy order book and strong inquiry pipeline across domestic and overseas markets provide confidence for future improvement, driven by demand in sectors like steel, power, and cement.