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Earnings · Engineering - Industrial Equipments · Mid cap

Elecon Engineering posts steady Q1 as order book swells to ₹1,518 cr

Consolidated revenue of ₹521 cr, net profit ₹70 cr. Gear division up 16.3% YoY; overseas revenue jumps 21.9%.

2 earlier stories on Elecon Engineering Company Ltd.
Mkt cap₹11,718 cr
P/E34.35×
ROE14.79%
Debt / eq.0.00
Div yld0.38%
₹1,518 cr Consolidated order book providing revenue visibility

What's new

  • Q1 FY27 consolidated revenue ₹521 cr, net profit ₹70 cr.
  • Gear division revenue ₹416 cr, up 16.3% YoY; MHE at ₹105 cr.
  • Order intake ₹755 cr in the quarter; overseas revenue 29% of total, up 21.9%.

Why this matters

The results confirm the preliminary numbers disclosed earlier in the day, so no new surprise. But the order book of ₹1,518 cr provides clear revenue visibility. The open question is the temporary softness in MHE execution flagged by the chairman.

What we're watching

  • Execution of the ₹1,518 cr order book in coming quarters.
  • Recovery in MHE project execution.
  • Sustained overseas revenue momentum.

The full read

Elecon Engineering's Q1 FY27 results are in line with the preliminary numbers disclosed earlier in the day. Consolidated revenue of ₹521 cr and net profit of ₹70 cr reflect a steady start to the year. The gear division remains the workhorse, posting ₹416 cr in revenue, up 16.3% year-on-year, while the material handling equipment unit logged ₹105 cr. More telling is the order book: ₹1,518 cr after ₹755 cr of fresh intake in the quarter, providing clear visibility. Overseas revenue, now 29% of the total, grew 21.9%, a bright spot. That's the key number. Chairman Prayasvin Patel acknowledged temporary softness in MHE execution but stressed disciplined execution and healthy demand. No game-changer here, but a solid base to build on.

Questions answered

What were Elecon's Q1 consolidated revenue and profit?
Revenue was ₹521 crore, EBITDA ₹109 crore, and net profit ₹70 crore.
How did the gear division perform?
Gear division posted revenue of ₹416 crore, up 16.3% year-on-year, driven by healthy demand.
What is the current order book and what does it imply?
The consolidated order book stands at ₹1,518 crore, offering strong revenue visibility for the coming quarters.
What did management say about the outlook?
Chairman Prayasvin Patel highlighted disciplined execution and healthy demand, but noted temporary softness in MHE project execution.
How did overseas revenue contribute?
Overseas revenue accounted for 29% of consolidated revenue, growing 21.9% year-on-year.
Mentioned: Prayasvin Patel · ₹1,518 cr order book · ₹755 cr order intake
Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 10 Jul 2026 · 12:08 PM IST Elecon Engineering posts steady Q1 as order book swells to ₹1,518 cr
  2. today Elecon Engineering Q1: Gear division lifts revenue 16%, order book at ₹1,518 cr
  3. today Elecon Engineering posts modest Q1, but order book swells to ₹1,518 cr