Elecon Engineering Company Limited — Q1FY27 Earnings Call Summary

ELECON · Q1FY27 · Filed 18 Jul 2026

Key Takeaways

• Demand outlook cautious due to geopolitical risks; strong enquiry pipeline; execution delays in some MHE power sector orders expected to ease in Q2
• FY27 guidance: low double-digit revenue growth; EBITDA margin stable; capex INR400 Cr over FY26-28
• Commodity cost increased ~5% on average; price hikes taken; margin impact higher in MHE due to customization and project delays
• MHE sustainable EBITDA margin guided at 22-24%; Gear EBITDA margin target ~24%
• Q1 FY27 consolidated revenue grew 11.9% y-y to INR521 Cr; overseas revenue up 21.9% y-y to INR151 Cr
• Mid-term target: INR5000 Cr revenue by FY30 with Gear ~70-75% and MHE ~25-30% share
• Order book strong at INR1,518 Cr (+36.8% y-y); order intake up 23% y-y to INR755 Cr
• Overseas order book up 73% y-y to INR256 Cr; MHE overseas order INR21 Cr
• MHE division revenue declined 2.9% y-y to INR105 Cr; EBIT down 25.3% due to mix and input cost
• Gear division revenue up 16.3% y-y to INR416 Cr; EBIT margin resilient at 17.9%

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.