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.

Earnings call and management participation

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

Key management personnel participating in the call include:

• 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 can join the conference call via universal or toll-free numbers provided in the official notice. The session covers performance for Q2FY27 and H1FY27.

Dial-in numbers

Participants may use 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 is available through the Diamond Pass login link provided in the invitation. RSVPs are handled by Harshit Kapadia at Elara Capital.

Dividend timeline

Elecon Engineering Company will host an in-person meeting with analysts and institutional investors on September 3, 2026. The session is scheduled for 10:00 am at Mumbai as part of the Ashwamedh – Elara India Dialogue 2026.

The company issued the intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Officials from Elecon Engineering will lead the discussions, which are hosted by Elara Capital.

Meeting Details

The interaction is structured as a group meeting. The company emphasized that all discussions will be based strictly on publicly available information. No formal presentation will be made during the session.

Regulatory Compliance

Elecon Engineering stated that no unpublished price-sensitive information will be shared during the meet. The schedule remains subject to change due to exigencies on the part of the analysts, investors, or the company itself.

Bharti Isarani, Company Secretary and Compliance Officer, signed the disclosure filed with the BSE and NSE.