Elecon Engineering reported strong Q2 & H1 FY26 consolidated results. Revenue reached ₹578 crores, a 13.8% YoY increase. EBITDA stood at ₹126 crores with a margin of 21.7%. The company declared an interim dividend of ₹0.50 per share. The order book and positive market outlook boost confidence in meeting full-year guidance. Emphasis is placed on overseas growth and innovative solutions.
Financial Performance Overview
Elecon Engineering Company Limited announced its unaudited financial results for Q2 and H1 FY26, demonstrating robust performance across key metrics. Consolidated revenue reached ₹578 crores, reflecting a 13.8% year-over-year increase. The company’s EBITDA for the quarter reached ₹126 crores, resulting in an EBITDA margin of 21.7%. Profit after Tax (PAT) stood at ₹88 crores, yielding PAT margins of 15.2%.
Dividend Announcement
The Board of Directors has declared an interim dividend of ₹0.50 per equity share (i.e., 50%) of Face Value ₹1, showcasing confidence in the company’s financial health and future prospects.
Segment Performance
The Material Handling Equipment (MHE) division sustained its strong growth, delivering 33.0% YoY revenue growth with an uptick in margins. The Gear division demonstrated a resilient performance, registering 8.9% YoY revenue growth, with EBIT margin standing at 19.2%.
Order Book and Outlook
The order intake for the quarter was ₹688 crores, demonstrating a growth of 28% YoY. With a strong order book and positive outlook across both domestic and overseas markets, Elecon reinforces its confidence in meeting the full-year guidance.
Strategic Focus
The company continues to focus on expanding its overseas business, aiming to generate 50% of its consolidated revenue from international markets by FY30. Strategic alliances, R&D investments, and a focus on scaling the high-growth MHE division underpin this strategy.
Source: BSE
