Home / Business and Economy / Elecon Engineering Profit Down in Q4 FY26
Elecon Engineering Profit Down in Q4 FY26
15 Apr
Summary
- Consolidated net profit fell 26.4% to Rs 108 crore in Q4 FY26.
- Revenue declined by 6.5% to Rs 746 crore in the same period.
- The company maintains a strong open order book of Rs 1,292 crore.
In the fourth quarter of fiscal year 2026, Elecon Engineering Company experienced a 26.4% decline in its consolidated net profit, settling at Rs 108 crore. This downturn occurred alongside a 6.5% decrease in revenue, which amounted to Rs 746 crore compared to the same period in the previous fiscal year.
Both domestic and international revenue streams saw fluctuations, with domestic revenue falling by 7.85% year-on-year to Rs 610 crore, while overseas revenue remained flat at Rs 136 crore. The company's EBITDA also declined by 19.1% to Rs 158 crore, with the EBITDA margin contracting to 21.2%.
Despite the quarterly dip, Elecon Engineering reported full-year FY26 revenue of Rs 2,366 crore, a 6.2% increase year-on-year, and a net profit of Rs 341 crore, down 17.8% YoY. The company holds a strong open order book of Rs 1,292 crore as of March 31, 2026, and a healthy order inflow outlook.
The Material Handling Equipment (MHE) division showcased remarkable growth, with revenue up 36.8% year-on-year to Rs 274 crore. Conversely, the Gear Division's revenue decreased to Rs 472 crore from Rs 597 crore in Q4 FY25, attributed to delayed order inflows and extended dispatch schedules.
