{"id":1116,"date":"2026-04-20T13:44:56","date_gmt":"2026-04-20T08:14:56","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=1116"},"modified":"2026-04-20T13:44:57","modified_gmt":"2026-04-20T08:14:57","slug":"elecon-engineering-q4-results-2026-profit-hit-by-102-cr-impairment-order-book-jumps-36","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/elecon-engineering-q4-results-2026-profit-hit-by-102-cr-impairment-order-book-jumps-36\/","title":{"rendered":"Elecon Engineering Q4 Results 2026: Profit Hit by \u20b9102 Cr Impairment, Order Book Jumps 36%"},"content":{"rendered":"\n

Elecon Engineering Company Limited<\/a> reported a mixed set of Q4 results 2026, with a sharp one-time impairment dragging profits even as its order book and core operations showed resilience.<\/p>\n\n\n\n

For the full year FY26, the company posted consolidated revenue of \u20b92,366 crore, marking a 6% year-on-year rise. EBITDA came in at \u20b9523 crore with a margin of 22.1%, supported partly by a one-time arbitration income of \u20b925 crore. Profit after tax stood at \u20b9341 crore, translating to a margin of 14.4%.<\/p>\n\n\n\n

However, the headline numbers for Q4 results 2026 were impacted by a \u20b9102 crore goodwill impairment, a non-cash exceptional item that weighed on quarterly profitability.<\/p>\n\n\n\n

A key highlight was the company\u2019s strong order momentum. The total order book rose 36% year-on-year to \u20b91,292 crore as of March 31, 2026, signaling healthy demand visibility going into FY27.<\/p>\n\n\n\n

The Gear division, traditionally the company\u2019s mainstay, faced pressure during the quarter. FY26 revenue from the segment declined 3.6% to \u20b91,699 crore, while Q4 revenue dropped sharply by 21% due to customer deferments and delayed dispatches. Despite this, order intake remained strong, with the division\u2019s order book rising 53.3% to \u20b9894 crore.<\/p>\n\n\n\n

In contrast, the Material Handling Equipment (MHE) division emerged as the growth engine. Revenue surged 43.6% year-on-year to \u20b9667 crore, driven by strong execution and expansion in after-sales services. The division maintained a healthy EBIT margin of 22.8% in Q4, cushioning the overall performance.<\/p>\n\n\n\n

Operational ratios remained stable, though slightly softened compared to last year. The company continued to maintain a net cash position with a low debt-to-equity ratio of 0.12x.<\/p>\n\n\n\n

Key Financial Snapshot (FY26)<\/strong><\/p>\n\n\n\n

Metric<\/th>FY26<\/th>FY25<\/th><\/tr><\/thead>
Revenue<\/td>\u20b92,366 Cr<\/td>\u20b92,227 Cr<\/td><\/tr>
EBITDA<\/td>\u20b9523 Cr<\/td>\u2014<\/td><\/tr>
PAT<\/td>\u20b9341 Cr<\/td>\u2014<\/td><\/tr>
RoNW<\/td>15.9%<\/td>21.0%<\/td><\/tr>
RoCE<\/td>20.4%<\/td>26.8%<\/td><\/tr>
Order Book<\/td>\u20b91,292 Cr<\/td>\u20b9950 Cr (approx)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Despite near-term challenges in Q4 results 2026, the company\u2019s expanding global footprint across 95+ countries, strong manufacturing base, and growing MHE business provide long-term stability.<\/p>\n\n\n\n

The sharp rise in order book and improving segment mix indicate that Elecon Engineering may be positioning for a stronger recovery in FY27, even as cyclical pressures persist in its core gear business.<\/p>\n\n\n\n

Source: https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/87d562c0-fdb5-4776-88ad-7d339e124b94.pdf<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Elecon Engineering Company Limited reported a mixed set of Q4 results 2026, with a sharp…<\/p>\n","protected":false},"author":2,"featured_media":1118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[210],"class_list":["post-1116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial-manufacturing","tag-elecon"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/comments?post=1116"}],"version-history":[{"count":2,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1116\/revisions"}],"predecessor-version":[{"id":1119,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1116\/revisions\/1119"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media\/1118"}],"wp:attachment":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media?parent=1116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/categories?post=1116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/tags?post=1116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}