Eimco Elecon Q1FY27 net profit rises to ₹153.78 crore, revenue up 14.7%

Eimco Elecon (India) Limited reported a year-on-year improvement in net profit to ₹153.78 crore for the quarter ended June 30, 2026 (Q1FY27), driven by strong operational performance. The company's revenue from operations grew 14.7% to ₹775.23 crore from ₹675.69 crore in the same quarter last year. The unaudited financial results were reviewed by the statutory auditors and approved by the Board on July 9, 2026.

Q1 Financial Performance at a Glance

The top-line growth was supported by a rise in operating profitability, with EBITDA margins showing a marginal improvement. The following table summarises the key financial metrics for Q1FY27:

Metric	Q1FY27 (Current)	Q1FY26 (YoY)
Revenue from Operations	₹775.23 crore	₹675.69 crore
EBITDA	₹142.05 crore	₹123.06 crore
EBITDA Margin	18.32%	18.21%
Net Profit	₹153.78 crore	₹144.82 crore

Revenue and Operating Performance

Eimco Elecon's revenue from operations stood at ₹775.23 crore in Q1FY27, marking an increase from ₹675.69 crore in the corresponding quarter of the previous year. On the operating front, EBITDA rose to ₹142.05 crore from ₹123.06 crore year-on-year. The EBITDA margin improved to 18.32% compared to 18.21% in the prior year, indicating stable cost management relative to revenue growth.

Net Profit and Taxation

The company's net profit for the quarter came in at ₹153.78 crore, up from ₹144.82 crore recorded in Q1FY26. Profit before tax for the period stood at ₹196.18 crore. The total tax expense for the quarter was ₹42.40 crore, which included a current tax of ₹51.75 crore and a deferred tax adjustment of ₹(9.35) crore.

Other Key Details

The Board of Directors approved the unaudited financial results along with the Limited Review Report of the Statutory Auditors. The company reported that it has only one reportable business segment, Machinery and Spares, and had no subsidiaries, associates, or joint ventures as of June 30, 2026. Basic and diluted earnings per share for the period stood at ₹26.66.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+6.90%	-2.19%	+17.61%	+21.09%	-24.99%	+298.96%

Eimco Elecon (India) Limited held its 52nd Annual General Meeting (AGM) on June 25, 2026, via video conferencing, where shareholders passed all four proposed resolutions with the requisite majority. The meeting, which commenced at 10:30 a.m. and concluded at 11:45 a.m., saw the adoption of audited financial statements for the financial year ended March 31, 2026, and the declaration of a dividend. The total number of shareholders on the record date, June 18, 2026, was 17,514, with 59 shareholders from the Promoter and Promoter Group attending through video conferencing.

The resolutions passed included the adoption of the audited financial statements and the declaration of dividend for FY26. Additionally, the shareholders approved the re-appointment of Mr. Prashant Amin (DIN: 01056652) as a Director liable to retire by rotation and the ratification of remuneration payable to the Cost Auditor for the financial year ending March 31, 2027. The voting results were scrutinized by Mr. J. J. Gandhi, Proprietor of M/s. J. J. Gandhi & Co., Practicing Company Secretaries.

Voting Results Summary

The following table summarizes the voting patterns for the key resolutions passed during the AGM:

Sr. No.	Particulars	Votes in Favour	Votes Against	% of Votes in Favour
1	Adoption of Audited Financial Statements for FY26	2,907,970	5	99.9998%
2	Declaration of Dividend for FY26	2,907,970	5	99.9998%
3	Re-appointment of Mr. Prashant Amin as Director	2,903,242	4,733	99.8069%
4	Ratification of Cost Auditor Remuneration for FY27	2,907,820	155	99.9947%

Remote e-voting facilities were provided by MUFG Intime India Pvt. Ltd. from June 22, 2026, to June 24, 2026. The Promoter and Promoter Group cast 2,823,920 votes in favour of all resolutions, representing 100% of their votes polled. Public Institutions and Public Non-Institutions also participated, with the majority of votes cast in favour of the resolutions.