Elecon Engineering Company Ltd's Q1FY26 Quarter Results
- 4d ago
Result Summary
- Elecon Engineering Company Ltd reported a 10.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 27.1%.
- Its expenses for the quarter were down by 11.9% QoQ and up 24.1% YoY.
- The net profit increased 69.3% QoQ and increased 139.1% YoY.
- The earnings per share (EPS) of Elecon Engineering Company Ltd stood at 7.8 during Q1FY26.
Financial Statments for Q1FY26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 517.00 | 577.66 | 406.79 | -10.5% | 27.1% |
Total Expenses | 390.96 | 443.89 | 315.10 | -11.9% | 24.1% |
Profit Before Tax | 206.51 | 133.77 | 91.69 | 54.4% | 125.2% |
Tax | 31.68 | 32.59 | 20.79 | -2.8% | 52.4% |
Profit After Tax | 175.44 | 103.65 | 73.36 | 69.3% | 139.1% |
Earnings Per Share | 7.80 | 9.20 | 6.50 | -15.2% | 20.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Elecon Engineering Company Ltd is a prominent player in the engineering sector, primarily known for its manufacturing capabilities. The company specializes in industrial gears and material handling equipment, catering to various industries including power, steel, cement, and others. Elecon Engineering's focus is on delivering high-quality engineering solutions, supported by robust research and development. The company has been known for its innovation in product development and striving to meet global standards. Recent major developments around Elecon Engineering have been focused on expanding its product range and enhancing operational efficiencies, although specific details were not available in the provided data.
Revenue
In the first quarter of the fiscal year 2026 (Q1FY26), Elecon Engineering reported a total income of ₹517.00 crores. This represents a decrease of 10.5% compared to the previous quarter (Q4FY25) where the total income was ₹577.66 crores. However, when compared to the same quarter of the previous year (Q1FY25), where the total income was ₹406.79 crores, there is a notable increase of 27.1%. This year-over-year increase indicates a significant rise in revenue over the past year. The company's ability to grow its revenue significantly on a year-over-year basis reflects its operational capabilities and potentially increased market demand for its products.
Profitability
The profitability of Elecon Engineering showed a strong performance in Q1FY26. The Profit Before Tax (PBT) for the quarter was ₹206.51 crores, which is a 54.4% increase from the previous quarter (Q4FY25) where the PBT was ₹133.77 crores. Compared to the same quarter in the previous year (Q1FY25), the PBT rose by 125.2%, from ₹91.69 crores. The Profit After Tax (PAT) also saw a substantial increase, amounting to ₹175.44 crores in Q1FY26, up by 69.3% from the previous quarter and 139.1% from the year-ago period. This significant rise in profitability metrics over both quarterly and yearly comparisons highlights the company's efficient cost management and revenue growth.
Operating Metrics
Elecon Engineering's total expenses in Q1FY26 were ₹390.96 crores, showing a decrease of 11.9% from the previous quarter (Q4FY25) where expenses were ₹443.89 crores. Year-over-year, the expenses increased by 24.1% from Q1FY25, where they stood at ₹315.10 crores. The tax expense for Q1FY26 was ₹31.68 crores, slightly decreasing by 2.8% from the previous quarter, but showing a 52.4% increase from the previous year's same quarter. The Earnings Per Share (EPS) in Q1FY26 was ₹7.80, which decreased by 15.2% from the previous quarter's EPS of ₹9.20, yet shows an increase of 20.0% from the EPS of ₹6.50 in Q1FY25. These operating metrics indicate changes in cost management and earnings allocation over the periods compared.