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Elecon Engineering Q3 FY26: Revenue Up 4.3% to ₹552 Crore, Order Intake Grows 7%
Elecon Engineering Company Limited
January 17, 2026, 11:22 AM
Elecon Engineering reported Q3 FY26 revenue of ₹552 crore, up 4.3% YoY. Order intake grew 7% to ₹701 crore. Gear division revenue was flat at ₹429 crore, while MHE revenue rose 16% to ₹123 crore. Profit after tax stood at ₹72 crore. The company revised its FY26 outlook downwards.
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Elecon Engineering Company Limited announced its financial results for the third quarter and nine months of the Financial Year 2025-26. The company reported a consolidated revenue from operations of ₹552 crore for Q3 FY26, a year-on-year growth of 4.3% compared to ₹529 crore in Q3 FY25. The Gear division contributed 78% of the total revenue, with its revenue standing at ₹429 crore, a slight increase from ₹423 crore in the previous year. The Material Handling Equipment (MHE) division showed strong momentum, with revenue growing by 16% year-on-year to ₹123 crore from ₹105 crore in Q3 FY25. Consolidated order intake for Q3 FY26 stood at ₹701 crore, a 7% year-on-year growth. The company's order book was ₹1,372 crore as of December 31, 2025. Consolidated EBITDA for the quarter was ₹109 crore, with an EBITDA margin of 19.8%, impacted by flat revenue performance, higher employee costs, and a change in product mix. Profit after tax for the quarter was ₹72 crore, resulting in a PAT margin of 13%. For the nine months ended December 2025, adjusted consolidated revenue was ₹1,595 crore. The company has revised its outlook for FY26, anticipating consolidated revenue to be lower by up to 5% and adjusted EBITDA margins to be lower by up to 2% compared to earlier guidance, due to near-term softness. However, the management remains confident about future improvement, supported by a healthy order book and an improving execution pipeline. Elecon Engineering also announced that the transcript of the Earnings Conference Call held on January 9, 2026, is available on the company's website and has been filed with the stock exchanges.
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