Elecon engineering reports strong Q2FY26 revenue and dividend

For the second quarter of fiscal year 2026 (Q2FY26), Elecon Engineering Company Limited reported consolidated revenue of INR 578 crores, a 13.8% year-over-year increase. EBITDA for the quarter stood at INR 126 crores, with an EBITDA margin of 21.7%. Profit after Tax (PAT) reached INR 88 crores, resulting in PAT margins of 15.2%. The company's order intake for the quarter was INR 688 crores, reflecting a 28% year-over-year growth.

The Gear Division contributed INR 441 crores to Q2FY26 revenue, a 9% year-over-year increase, while the Material Handling Equipment (MHE) division grew 33.0% year-over-year, generating INR 137 crores in revenue. The EBIT margin for the Gear Division was 19.2%, and for the MHE Division, it was 25.7%.

The Board of Directors declared an interim dividend of Re 0.50 per equity share (50%) for FY 2025-26. The record date for this interim dividend is Thursday, October 16, 2025, with payment scheduled on or after Monday, November 3, 2025.