Elecon Engineering Company Ltd

Meeting Details

• Dates: 21–23 October 2026; Time: 10:00 a.m. IST onwards.
• Type: Group meetings; Mode: In person.
• Location: Mumbai; Host: Elara Securities (India) Private Limited.

Participants

• Company officials to participate; specific roles not disclosed.

Purpose

• Purpose: Non-Deal Roadshow with investors/analysts; based on public information; no presentation.

Additional Notes

• Schedule subject to change due to exigencies.

Meeting Details

• Date: 15 October 2026; group earnings conference call (audio recording).

Participants

• Key participant: Company Secretary & Compliance Officer.

Purpose

• Purpose: Share audio recording link for the earnings call.

Additional Notes

• Recording: Audio recording is available on the company website.

Meeting Details

• Date: 15 October 2026; Earnings Conference Call for Q2 FY2026-27; organized by Elecon Engineering; recording available on website.

Interim dividend and TDS guidance

• Board approved interim dividend of Rs 0.50 per equity share for FY2006-27.
• Record date for dividend payment set on 21 October 2026.
• Resident shareholders: TDS at 10% on dividend, with exemptions possible on Form 121.
• Non-residents: TDS 20% plus surcharge/cess, subject to DTAA benefits with required documents.
• Invalid PAN or PAN–Aadhaar not linked triggers higher TDS per Section 397(2).
• Nil or lower TDS for insurers, mutual funds, AIFs, or pension trusts with declarations.
• Form 121 and annexures required; documents due by 21 October 2026 via MUFG portal.
• Dividend payments to be credited directly; update bank details and depository records.
• Communication signed by Company Secretary Bharti Isarani; Board meeting held 14 October 2026.

Business overview

• Industrial gear and material handling equipment provider with Gear and MHE divisions.
• Global footprint with 95+ countries; 75-year legacy; focus on international expansion.
• In-house R&D with two centers; 4 patents granted, 3 applied.

Key operational highlights

• Q2 FY27 revenue ₹639cr; YoY +10.5%; H1 FY27 ₹1,160cr; up 11.1% on adjusted base.
• Gear Q2 revenue ₹488cr; EBIT ₹108cr; EBIT margin 22.1%.
• MHE Q2 revenue ₹151cr; EBIT margin 20.2%; open order book ₹579cr; intake ₹253cr.
• Overseas revenue ₹159cr in Q2 FY27; growth +30.6%.
• Consolidated order intake ₹746cr in Q2; ₹1,501cr in H1; open order book ₹1,635cr.

Financial performance

• Q2 gross margin 46.1%; EBITDA margin 23.1%; PAT margin 15.1%.
• H1 revenue ₹1,160cr; EBITDA ₹257cr; margin 22.2%; PAT ₹167cr; margin 14.4%.
• Open orders provide revenue visibility for H2 FY27; total assets ₹3,562cr; equity ₹2,509cr.
• Lease liabilities ₹274cr non-current and ₹87cr current; borrowings nil; cash ₹125cr.

Capital structure & liquidity

• No external borrowings; lease liabilities present, total debt ₹361cr.
• Shareholders’ funds ₹2,509cr; total equity ₹2,509cr; liquidity supported by ₹125cr cash.
• Consolidated cash flow: operating ₹242cr; net cash outflow of ₹44cr in H1FY27.

Strategic priorities & outlook

• Strengthen leadership in industrial gear and MHE; expand international presence.
• Invest in engineering and manufacturing capabilities to create long-term value.
• Momentum in Q2 supports H2 FY27; ongoing focus on disciplined execution and favorable mix.

Risks & governance

• Global macroeconomic and geopolitical uncertainties; management pursuing international expansion to mitigate impact.
• Board comprises CMD, independent directors, and experienced leadership; no notable governance changes disclosed.

Period and context

• Press release covers Q2 FY27 and H1 FY27 results ended 30 September 2026.

Financial highlights

• Consolidated Q2 FY27 revenue: ₹639 crores.
• Consolidated H1 FY27 revenue: ₹1,160 crores.
• EBITDA Q2 FY27: ₹148 crores; margin 23.1%.
• PAT Q2 FY27: ₹96 crores; PAT margin 15.1%.
• Gear: Q2 FY27 revenue ₹488 crores; EBIT ₹108 crores; margin 22.1%.
• MHE: Q2 FY27 revenue ₹151 crores; open order book ₹579 crores.
• MHE Q2 FY27 order intake ₹253 crores; overseas orders ₹68 crores.
• Overseas revenue Q2 FY27 ₹159 crores; YoY growth 30.6%.
• Consolidated Q2 order intake ₹746 crores; H1 ₹1,501 crores; open order book ₹1,635 crores.
• Open order book growth: up ~33% YoY.

Operational and governance updates

• Interim dividend of ₹0.50 per share declared.
• SBI collateral security release; hypothecation of assets removed.
• Overseas momentum and export orders strengthening MHE business.
• Credit rating updated: Long Term AA (Positive) and Short Term A1+.

Management commentary and outlook

• Management highlights gear-led growth and strong revenue visibility from robust order book.

Dividend details

• Interim dividend declared for FY 2026-27.
• Dividend amount: ₹0.50 per equity share 💰.
• Face value per equity share: ₹1.
• Record date: 21 October 2026 🗓️.
• Payment date: on or after 4 November 2026 🗓️.
• Equity dividend: applicable to equity shares only 📌.