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. →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.
Story so far
All notes on ELECON →- 10 Jul 2026 · 12:08 PM IST Elecon Engineering posts steady Q1 as order book swells to ₹1,518 cr
- today Elecon Engineering Q1: Gear division lifts revenue 16%, order book at ₹1,518 cr
- today Elecon Engineering posts modest Q1, but order book swells to ₹1,518 cr