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12-Jul-2025

Elecon Engineering

Well on track to reach Rs 2650 crore of revenue for FY26


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Elecon Engineering hosted a conference call on July 11, 2025. In the conference call the company was represented by M. M. Nanda - Head of Gear Division; Deepak Dalwadi - Head Designate of Gear Division; Kaushik Patel - Head of Material Handling Equipment Division;  Kamlesh Shah, Group CFO  and Narasimhan Raghunathan, CFO

Key takeaways of the call

Order Book as at 30th June 2025 stands at Rs 1,110 crore (vs. Rs 947 crores as at 30th June 2024)

Recognized Rs 35 crores as income from the arbitration settlement (₹ 25 crores in Revenue and ₹ 10 crores in Other Income) as well as Rs 80 crores as exceptional gain pertaining to reclassification of investment in EIMCO Elecon (India) in Q1FY26.

Gear division margin in Q1FY26 was impacted on account of accelerated depreciation charge for assets which were capitalized in Q4FY25 without commensurate increase in revenue. Additionally the increase in staff cost and brand bu...



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