Elecon Engineering Company Ltd will participate in a Non-Deal Roadshow (NDR) to meet investors and analysts in Mumbai from October 21 to October 23, 2026. The interactions are scheduled as group meetings hosted by Elara Securities (India) Private Limited.

The company informed the stock exchanges that discussions will be based solely on publicly available information. No presentation is planned during the meetings, and no unpublished price sensitive information will be shared with participants. This intimation was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Schedule Details

The official schedule for the analyst and institutional investor meetings is outlined below:

Compliance and Disclosure

The company noted that the schedule is subject to change due to exigencies on the part of the analysts, investors, or the company itself. Bharti Israni, Company Secretary & Compliance Officer, signed the digital notice dated October 15, 2026, confirming the details for regulatory records.

Elecon Engineering Company Limited reported a 17.5% year-on-year increase in EBITDA for Q2FY27, reaching ₹148 crore compared to ₹126 crore in the corresponding period last year.

The company’s revenue stood at ₹640 crore, up from ₹580 crore YoY. Consequently, the EBITDA margin expanded to 23.15% from 21.7% in Q2FY26. Consolidated net profit rose to ₹96.4 crore from ₹87.7 crore YoY. Alongside these results, the Board declared an interim dividend of ₹0.50 per equity share for FY27 during its meeting on October 14, 2026.

Financial performance highlights

The strong operational performance reflects growth in both top-line and profitability metrics. The dividend payout represents a 50% return on the face value of ₹1 per share. Shareholders whose names appear in the company's records as of the record date, Wednesday, October 21, 2026, will be eligible for this distribution. The company will dispatch the dividend payments on or after November 4, 2026.

H1FY27 operational and segment insights

For the first half of FY27, consolidated revenue reached ₹1,160 crore, marking an 11.1% increase over the adjusted H1FY26 figure of ₹1,043 crore. The adjusted prior-year revenue excludes ₹25 crore of one-time arbitration income in the Material Handling Equipment (MHE) division. H1FY27 EBITDA stood at ₹257 crore, up 11.4% YoY on an adjusted basis, with margins holding steady at 22.2% compared to 22.1% in the adjusted prior period.

Segment-wise, the Gear business contributed ₹903 crore (78% of total revenue), while MHE accounted for ₹256 crore (22%). Geographically, domestic sales rose to ₹850 crore (73%), while overseas revenue increased to ₹309 crore (27%), indicating a shift toward international markets compared to the 23% overseas share in the adjusted H1FY26.

What the numbers show

The combined data reveals a divergence between revenue and profit growth rates. While revenue grew by approximately 10.3%, EBITDA expanded by 17.5%, indicating improved operating efficiency or better product mix. This led to a margin expansion of 145 basis points year-on-year. The net profit growth of roughly 9.9% trailed the EBITDA growth, suggesting potential headwinds at the interest or tax level, though specific details on these lines were not disclosed in the immediate update.

Furthermore, the H1FY27 data highlights that the Gear segment remains the primary driver of growth, accounting for nearly four-fifths of total revenue. The increase in overseas contribution to 27% suggests a strategic diversification away from domestic dependency, which may buffer against local cyclical fluctuations.

Dividend tax deduction guidelines

In line with the Income Tax Act, 2025, Elecon has issued detailed guidelines regarding Tax Deducted at Source (TDS) on the interim dividend. Dividend income is taxable in the hands of shareholders, and the company is mandated to deduct TDS based on shareholder category and documentation provided by the record date of October 21, 2026.

For resident shareholders

TDS will be deducted at 10% under Section 393(1) of the Act unless exempt. However, TDS will not apply if the aggregate dividend received by an individual shareholder during the financial year does not exceed ₹10,000. Shareholders seeking nil or lower TDS must submit Form 121 or a valid certificate issued under Section 395(1) along with self-attested PAN copies. Failure to provide a valid PAN linked to Aadhaar will result in a higher TDS rate of 20% under Section 397(2).

For non-resident shareholders

Tax withholding applies at 20% plus applicable surcharge and cess. Non-resident investors, including Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs), may claim beneficial rates under Double Tax Avoidance Agreements (DTAA). To avail this, they must submit a Tax Residency Certificate (TRC), Digital Form 41, and other requisite documents by the record date. Without these documents, the standard higher rate will apply.

Earnings call and management participation

The company hosted an earnings conference call to discuss these results on Thursday, October 15, 2026, at 4:00 pm IST. The event was organized by Elara Securities (India) Private Limited.

Key management personnel participating in the call included:

• Prayasvin Patel (CMD)
• Aayush Shah (ED)
• Chintan Shah (CFO)

The intimation regarding the call was filed with stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Call details and access

Investors could join the conference call via universal or toll-free numbers provided in the official notice. The session covered performance for Q2FY27 and H1FY27.

Dial-in numbers

Participants used the following numbers to connect:

• Universal: +91 22 6280 1146, +91 22 7115 8047
• US Toll-Free: 1 866 746 2133
• UK Toll-Free: 0 808 101 1573
• Singapore Toll-Free: 800 101 2045
• Hong Kong Toll-Free: 800 964 448
• Australia Toll-Free: 0080014243444

Registration was available through the Diamond Pass login link provided in the invitation. RSVPs were handled by Harshit Kapadia at Elara Capital.

Audio recording availability

Following the conclusion of the earnings conference call held on October 15, 2026, Elecon Engineering Company Limited has released the audio recording of the session. The recording is available for public access on the company's official website under the investors section, specifically within the audio-video recordings and transcripts of post-earnings quarterly calls archive. This filing was submitted to BSE and NSE in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dividend timeline