Elecon Engineering Company reported a 4.3% increase in consolidated revenue for Q3 FY26, reaching ₹552 crores. EBITDA stood at ₹109 crores with a margin of 19.8%. Profit after Tax was ₹72 crores, resulting in a 13.0% margin. The order book as of December 31, 2025, was ₹1,372 crores. Despite near-term softness, the company anticipates improvement, driven by a healthy order book.
Financial Performance Overview
Elecon Engineering Company announced its unaudited financial results for Q3 and the nine months ending December 31, 2025. Key highlights include:
- Consolidated Revenue: ₹552 crores (up 4.3%)
- EBITDA: ₹109 crores with a margin of 19.8%
- PAT: ₹72 crores, resulting in a 13.0% margin
- Order book as of December 31, 2025: ₹1,372 crores
Segment Performance
Material Handling Equipment (MHE) division sustained its strong growth, with revenue of ₹123 crores, up 16.3% year-over-year and an EBIT margin of 20.2%. The Gear division reported revenue of ₹429 crores, a 1.3% increase, with an EBIT margin of 18.2%.
Operational Highlights
Domestic revenue in Q3 FY26 was ₹421 crores compared to ₹403 crores in Q3 FY25. Revenue from overseas operations reached ₹131 crores in Q3 FY26, up from ₹126 crores in the prior year. Revenue from the Gear segment was ₹429 crores, and from the MHE segment, ₹123 crores for Q3FY26.
Chairman’s Comments
According to Shri Prayasvin B. Patel, the Chairman & Managing Director, the company’s strong order book, combined with a healthy order inflow outlook across domestic and overseas markets, provides good visibility and confidence moving forward.
Future Outlook
While the FY26 Revenue Guidance may be lower by approximately 5%, adjusted EBITDA margins may decrease by up to 2%. Despite near-term softness, improvement is anticipated, considering a healthy order book and a robust inquiry pipeline.
Source: BSE
