Elecon Engineering reported strong Q2 and H1 FY26 results, driven by robust domestic demand. Q2FY26 revenue reached ₹578 crores, a 13.8% year-over-year increase, with EBITDA at ₹126 crores and a margin of 21.7%. Profit after tax (PAT) stood at ₹88 crores, yielding a 15.2% margin. Order intake grew by 28%. The company anticipates achieving its full-year revenue guidance of ₹2,650 crores.
Financial Performance Highlights
Elecon Engineering Company Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2025, showcasing strong financial performance.
Key Figures
Consolidated revenue for Q2 FY26 reached ₹578 crores, representing a 13.8% increase compared to the same quarter last year. The company’s EBITDA for Q2 FY26 was ₹126 crores, with an EBITDA margin of 21.7%. Profit After Tax (PAT) for the quarter was ₹88 crores, resulting in a PAT margin of 15.2%. The order intake for the quarter stood at ₹688 crores, reflecting a 28% year-over-year growth.
H1 FY26 Performance
For the half-year ended September 30, 2025, Elecon’s performance remained strong. The company is on track to reach ₹2,650 crores in revenue for FY26.
Segment Performance
The Gear division reported revenue of ₹441 crores for Q2FY26, an increase of 9%. The Material Handling Equipment (MHE) division showed significant growth with Q2FY26 revenue of ₹137 crores, a 33.0% increase year-over-year.
Management Commentary
Shri Prayasvin B. Patel, Chairman & Managing Director, stated that Elecon is committed to leadership in Industrial Gear Solutions and Material Handling Equipment, focusing on overseas business and leveraging advanced manufacturing capabilities. He anticipates achieving the overall guidance for FY26.
Strategic Outlook
Elecon is steadily progressing towards its strategic goal of generating 50% of its consolidated revenue from international markets by FY30. The company’s growth strategy is underpinned by strategic alliances, R&D investments, and scaling the MHE division.
Source: BSE
