Elecon Engineering Company Limited — Investor Meet, 22-04-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Elecon Engineering's Q4 FY26 revenue was INR746 Cr, with PAT at INR108 Cr (excluding a INR102 Cr goodwill impairment). FY26 adjusted revenue reached INR2,341 Cr, with EBITDA margins at 21.3%.

Gear Division revenue declined 21% YoY to INR472 Cr due to delayed orders and customer deferments, notably in steel, with Q4 order intake at INR550 Cr. The MHE Division, a key growth driver, saw revenue jump 37% YoY to INR274 Cr, with a Q4 order inflow of INR107 Cr.

The overall order book is robust at INR1,292 Cr. Management remains cautious on FY27 guidance due to macroeconomic uncertainty but anticipates growth and improved margins, focusing on disciplined execution and strategic expansion, including a new Mexico subsidiary.