Elecon Engineering Company's Q2 FY 2025-26 Quarterly Results

Result Summary

• Elecon Engineering Company Ltd reported a 15.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 14.8%.
• Its expenses for the quarter were up by 23.7% QoQ and 17.6% YoY.
• The net profit decreased 50.0% QoQ and increased 0.0% YoY.
• The earnings per share (EPS) of Elecon Engineering Company Ltd stood at 3.91 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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. The company is primarily engaged in the manufacturing and distribution of industrial gears and material handling equipment. These products serve a wide array of industries including power, steel, cement, sugar, and mining. Elecon Engineering has a significant footprint in both domestic and international markets. As of the data available, there are no specific recent major developments highlighted for the company.

Revenue

In Q2FY26, Elecon Engineering reported a total income of ₹596.45 crores, reflecting a substantial increase from ₹517.00 crores in Q1FY26 and ₹519.53 crores in Q2FY25. This translates to a quarter-over-quarter growth of 15.4% and a year-over-year increase of 14.8%. The growth in total income over both periods indicates an upward trend in the company’s revenue stream. This growth may be attributed to various factors such as increased sales volume, pricing strategies, or expansion into new markets, though specific details are not provided here.

Profitability

The company's profit before tax (PBT) for Q2FY26 was ₹112.99 crores, down from ₹206.51 crores in Q1FY26, but slightly higher than the ₹108.37 crores reported in Q2FY25. This reflects a QoQ decrease of 45.3% and a YoY increase of 4.3%. After accounting for taxes, the profit after tax (PAT) remained at ₹87.72 crores for both Q2FY26 and Q2FY25, showing no year-over-year change, while there was a significant decrease of 50.0% from Q1FY26. The corresponding earnings per share (EPS) also mirrored this pattern, remaining constant at ₹3.91 between Q2FY26 and Q2FY25, and showing a 50.0% decrease from Q1FY26.

Operating Metrics

Total expenses for Elecon Engineering in Q2FY26 amounted to ₹483.46 crores, an increase from ₹390.96 crores in Q1FY26 and ₹411.16 crores in Q2FY25. This represents a QoQ increase of 23.7% and a YoY increase of 17.6%. The tax paid in Q2FY26 was ₹25.27 crores, lower than the ₹31.68 crores in Q1FY26 but higher than the ₹22.82 crores in Q2FY25, resulting in a decrease of 20.2% QoQ and an increase of 10.7% YoY. These figures suggest that while the company has seen an increase in income, the expenses and tax liabilities have also risen, impacting the overall profitability metrics. Notably, the EPS remained unchanged year-over-year, despite fluctuations in income and expenses, which may suggest stability in earnings on a per-share basis amidst changing profit dynamics.