Elecon Engg.Co
Elecon Engg.Co Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
3 of 5 strong
The short version
Elecon projects low double-digit consolidated revenue growth for FY27, adopting a conservative approach due to current macroeconomic uncertainties and limited near-term visibility. Elecon Engineering targets low double-digit consolidated revenue growth for FY27, adopting a conservative stance due to ongoing macroeconomic uncertainties and limited near-term visibility.
From Elecon Engg.Co's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- Elecon projects low double-digit consolidated revenue growth for FY27, adopting a conservative approach due to current macroeconomic uncertainties and limited near-term visibility.
- By FY30, the company aims to achieve a top-line revenue target of INR 5000 crores, supported by large marine enquiries, export expansion, and ongoing capex plans.
- Gear division is expected to constitute 70%-75% of total revenue by FY30, with MHE contributing 25%-30%.
- The order book remains robust, with strong execution expected particularly in Q3 and Q4 FY27.
- Export markets like Middle East and USA show promising growth, while European market recovery is anticipated over at least two quarters.
- Market demand is gradually improving with anticipated easing of price stabilization issues and operational efficiencies supporting growth momentum.
Profitability & Margins
See what Elecon Engg.Co said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Elecon Engineering has committed to a capital expenditure program of approximately INR 400 crores over FY26 to FY28.
- The capex program is on track as of July 2026.
- Internally, the company is evaluating additional capex proposals that will require board approval in the near future.
- The focus of future capex aligns with targeting large enquiries in the marine sector and expansion into export territories.
- No active acquisition opportunities are currently being pursued in Europe that demand significant manufacturing investment.
- The company expects the gear division, including marine business, to grow and take a larger share (70%-75%) of total revenue by FY30, reflecting the strategic focus of capital allocation.
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Elecon Engg.Co said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Gear Division open order book: INR 1,050 crores (as of July 2026), with INR 160 crores extending beyond FY27; represents 46.9% year-on-year growth.
- MHE Division open order book: INR 475 crores as of June 30, 2026, up 18.8% year-on-year.
- Overseas order book: INR 256 crores (as of June 30, 2026), increased 73% year-on-year.
- Strong demand seen from power, steel, cement, and ports industries.
- Order inflows:
- - Gear division: INR 570 crores during the quarter, up 18.8% year-on-year.
- - MHE division: INR 185 crores during the quarter, up 38.1% year-on-year.
- Robust order pipeline provides strong revenue visibility and confidence for upcoming quarters.
Elecon Engg.Co — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹746 Cr, net profit ₹6 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Elecon Engineering Company Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Elecon Engg.Co Q1 FY27 results?
Elecon projects low double-digit consolidated revenue growth for FY27, adopting a conservative approach due to current macroeconomic uncertainties and limited near-term visibility. Elecon Engineering targets low double-digit consolidated revenue growth for FY27, adopting a conservative stance due to ongoing macroeconomic uncertainties and limited near-term visibility.
What is Elecon Engg.Co share price analysis?
Elecon Engg.Co currently shows a below-average growth signal. The stock trades at a P/E of 33.5 with a market cap of ₹10,133 Cr. Investors should review the full earnings analysis for detailed insights.
Is Elecon Engg.Co planning capital expenditure?
Elecon Engineering has committed to a capital expenditure program of approximately INR 400 crores over FY26 to FY28.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.