{"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<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.bullscreen.in\/company\/ELECON\" target=\"_blank\" rel=\"noopener\" title=\"\">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<p class=\"wp-block-paragraph\">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<p class=\"wp-block-paragraph\">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<p class=\"wp-block-paragraph\">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<p class=\"wp-block-paragraph\">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<p class=\"wp-block-paragraph\">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<p class=\"wp-block-paragraph\">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<p class=\"wp-block-paragraph\"><strong>Key Financial Snapshot (FY26)<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Metric<\/th><th>FY26<\/th><th>FY25<\/th><\/tr><\/thead><tbody><tr><td>Revenue<\/td><td>\u20b92,366 Cr<\/td><td>\u20b92,227 Cr<\/td><\/tr><tr><td>EBITDA<\/td><td>\u20b9523 Cr<\/td><td>\u2014<\/td><\/tr><tr><td>PAT<\/td><td>\u20b9341 Cr<\/td><td>\u2014<\/td><\/tr><tr><td>RoNW<\/td><td>15.9%<\/td><td>21.0%<\/td><\/tr><tr><td>RoCE<\/td><td>20.4%<\/td><td>26.8%<\/td><\/tr><tr><td>Order Book<\/td><td>\u20b91,292 Cr<\/td><td>\u20b9950 Cr (approx)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">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<p class=\"wp-block-paragraph\">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<p class=\"wp-block-paragraph\"><em>Source: <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/87d562c0-fdb5-4776-88ad-7d339e124b94.pdf\" target=\"_blank\" rel=\"noopener\" title=\"\">https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/87d562c0-fdb5-4776-88ad-7d339e124b94.pdf<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elecon Engineering Company Limited reported a mixed set of Q4 results 2026, with a sharp&#8230;<\/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":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Elecon Engineering Q4 results 2026 show profit impacted by \u20b9102 Cr impairment, while order book jumps 36% and MHE segment drives strong growth momentum.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"BullScreen Editorial Team\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.bullscreen.in\/news\/elecon-engineering-q4-results-2026-profit-hit-by-102-cr-impairment-order-book-jumps-36\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"NSE &amp; 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