Elecon Engineering Company Limited announced a robust performance for Q2 FY26, with consolidated revenue reaching ₹578 crores, a 13.8% year-over-year increase. The company reported an interim dividend of ₹0.50 per share. The company is on track to reach ₹2,650 crores in revenue for FY26. This reflects a combination of strong domestic demand, strategic alliances, and a focus on international market penetration.
Financial Performance Highlights
Elecon Engineering Company Limited reported strong financials for the quarter ending September 30, 2025:
- Consolidated Revenue: ₹578 crores, up 13.8% year-over-year.
- EBITDA: ₹126 crores, with an EBITDA margin of 21.7%.
- Profit After Tax (PAT): ₹88 crores, with PAT margins at 15.2%.
Dividend Announcement
The Board of Directors declared an interim dividend of ₹0.50 per share. The record date for the dividend payment is October 16, 2025.
Segment Performance
The Gear division reported revenue of ₹441 crores, an increase of 8.9% year-over-year. The Material Handling Equipment (MHE) division revenue increased by 33.0% year-over-year, totaling ₹137 crores.
Operational Highlights and Outlook
The company’s order intake for the quarter stood at ₹688 crores, with a growth of 28% year-over-year. Elecon is expanding its overseas business and aims to generate 50% of its consolidated revenue from international markets by FY30.
Source: BSE