Elecon Engineering Company announced strong Q2 FY26 results, reporting consolidated revenue of ₹578 crores, a 13.8% Y-o-Y increase. EBITDA stood at ₹126 crores with a margin of 21.7%. The company declared an interim dividend of ₹0.50 per share. Elecon is on track to reach ₹2,650 crores revenue for FY26, driven by both domestic and international demand, with significant growth in the MHE division.
Financial Performance
Elecon Engineering Company reported a consolidated revenue of ₹578 crores for Q2 FY26, a 13.8% year-over-year increase. EBITDA for the quarter was ₹126 crores, resulting in an EBITDA margin of 21.7%. Profit after Tax (PAT) reached ₹88 crores, yielding a PAT margin of 15.2%. The order book for the quarter grew to ₹688 crores, a 28% year-over-year increase.
Dividend Announcement
The Board of Directors declared an interim dividend of ₹0.50 per equity share (50%) with a face value of ₹1 per share. The record date for determining entitlement is October 16, 2025, and the dividend will be paid from November 3, 2025.
Segment Performance
The Gear Division reported a revenue of ₹441 crores, an 8.9% increase. The Material Handling Equipment (MHE) division showed significant growth, with revenue increasing to ₹137 crores, a 33.0% year-over-year gain.
Strategic Outlook
Elecon is focused on expanding its international presence and aims to generate 50% of its consolidated revenue from international markets by FY30. Investments in R&D and strategic alliances underpin this growth strategy.
Source: BSE
