Elecon Engineering Company Ltd
Elecon Engineering Company Q4 FY25 earnings call: Revenue & Margins
Q4 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
Elecon Engineering targets consolidated revenue of INR 2,650 crores for FY '26, up from INR 2,227 crores in FY '25, reflecting ~19% growth. - Gear division is expected to generate INR 2,000 crores; Material Handling Equipment (MHE) division INR 650 crores. - Overseas revenue expected to contribute 27%-30% of total revenue, including exports from India and subsidiaries. - MHE division anticipated to sustain growth with order book of INR 365 crores and expected continued demand from new power plants. - Solid order book (nearly INR 948 crores combined for gears and MHE) provides strong revenue visibility. - Expansion planned in international markets including Middle East, Americas (Canada, South America), Far East, and Europe. - Focus on tapping more OEM partnerships to drive sustainable growth and after-sales service revenue streams. - Capex of approx. For FY'26, Elecon Engineering projects consolidated revenue of INR 2,650 crores, up from INR 2,227 crores in FY'25.
From Elecon Engineering Company Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Elecon Engineering targets consolidated revenue of INR 2,650 crores for FY '26, up from INR 2,227 crores in FY '25, reflecting ~19% growth.
- Gear division is expected to generate INR 2,000 crores; Material Handling Equipment (MHE) division INR 650 crores.
- Overseas revenue expected to contribute 27%-30% of total revenue, including exports from India and subsidiaries.
- MHE division anticipated to sustain growth with order book of INR 365 crores and expected continued demand from new power plants.
- Solid order book (nearly INR 948 crores combined for gears and MHE) provides strong revenue visibility.
- Expansion planned in international markets including Middle East, Americas (Canada, South America), Far East, and Europe.
2 more points from Elecon Engineering Company Ltd's call on revenue
Pro opens every point from 15K+ earnings calls
Profitability & Margins
See what Elecon Engineering Company Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- The company invested nearly INR 160 crores in FY '25 for capex, including lease assets treated as right-of-use assets under IndAS accounting.
- The planned capex over the last 3 years totals INR 300 crores, expected to generate additional revenue of INR 500 crores.
- Capex plan is well-planned considering machine lead times and revenue projections, with no expected capacity constraints.
- Lease liabilities have increased significantly due to assets acquired on lease, which are included in overall capex but not reflected in cash flow as per IndAS guidelines.
- For FY '26, planned capex is estimated between INR 100 crores to INR 200 crores.
- Additional cash reserves are maintained for contingencies, global business, and potential capex.
- Management is also exploring alternative options for capex funding.
2 more points from Elecon Engineering Company Ltd's call on capex
Pro opens every point from 15K+ earnings calls
Top-ranked in Electrical Equipment
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 Engineering Company Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- As of March 31, 2025, the outstanding order book for the Gear Division stands at INR 583 crores.
- The Material Handling Equipment (MHE) division's open order book is INR 365 crores as of the same date.
- Total pending orders across both divisions amount to INR 948 crores.
- The order intake for the Gear Division in Q4 FY'25 was INR 497 crores, reflecting a 20.6% year-on-year increase.
2 more points from Elecon Engineering Company Ltd's call on order book
Pro opens every point from 15K+ earnings calls
Elecon Engineering Company Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹746 Cr, net profit ₹6 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Elecon Engg.Co's management said in earlier quarters
Others in Electrical Equipment this season
- Bharat Heavy Electricals Ltd (Q4 FY25)
8,993 Crore . Key concall takeaways from Bharat Heavy Electricals Ltd's Q4 FY25 earnings call — and how it ranks against sector peers.
- Advait Energy (Q4 FY25)
FY21: ₹58.0 Cr . Key concall takeaways from Advait Energy Transitions Limited's Q4 FY25 earnings call — and how it ranks against sector peers.
- Bajel Projects (Q4 FY25)
Revenue from Operations for Q4 FY’25: ₹801 crore, up 64% YoY from ₹489 crore in Q4 FY’24 (Page 23). Key concall takeaways from Bajel Projects Ltd's Q4 FY25…
- GP Eco Solutions India Ltd (Q4 FY25)
300 crore. Key concall takeaways from GP Eco Solutions India Ltd's Q4 FY25 earnings call — and how it ranks against sector peers.
Arthneeti Pro · Annual
Elecon Engineering Company Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Elecon Engineering Company Ltd Q4 FY25 results?
Elecon Engineering targets consolidated revenue of INR 2,650 crores for FY '26, up from INR 2,227 crores in FY '25, reflecting ~19% growth. - Gear division is expected to generate INR 2,000 crores; Material Handling Equipment (MHE) division INR 650 crores. - Overseas revenue expected to contribute 27%-30% of total revenue, including exports from India and subsidiaries. - MHE division anticipated to sustain growth with order book of INR 365 crores and expected continued demand from new power plants. - Solid order book (nearly INR 948 crores combined for gears and MHE) provides strong revenue visibility. - Expansion planned in international markets including Middle East, Americas (Canada, South America), Far East, and Europe. - Focus on tapping more OEM partnerships to drive sustainable growth and after-sales service revenue streams. - Capex of approx. For FY'26, Elecon Engineering projects consolidated revenue of INR 2,650 crores, up from INR 2,227 crores in FY'25.
What is Elecon Engineering Company Ltd share price analysis?
Elecon Engineering Company Ltd currently shows a neutral. The stock trades at a P/E of 32.3 with a market cap of ₹9,768 Cr. Investors should review the full earnings analysis for detailed insights.
Is Elecon Engineering Company Ltd planning capital expenditure?
The company invested nearly INR 160 crores in FY '25 for capex, including lease assets treated as right-of-use assets under IndAS accounting. - The planned capex over the last 3 years totals INR 300 crores, expected to generate additional revenue of INR 500 crores. - Capex plan is well-planned considering machine lead times and revenue projections, with no expected capacity constraints. - Lease liabilities have increased significantly due to assets acquired on lease, which are included in overall capex but not reflected in cash flow as per IndAS guidelines. - For FY '26, planned capex is estimated between INR 100 crores to INR 200 crores. - Additional cash reserves are maintained for contingencies, global business, and potential capex. - Management is also exploring alternative options for capex funding. - A "war chest" of cash is being preserved for future strategic opportunities. - Expansion plans include potential setups in Canada, Mexico, and Latin America to circumvent U.S.
Keep Elecon Engineering Company Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.