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Latest news about Eimco Elecon

Eimco Elecon Completes Strategic Land Acquisition in Gujarat for ₹45.56 Crore 5 days ago

Eimco Elecon has completed the acquisition of 35,056 square meters of land in Gujarat for ₹45.56 crore. This strategic purchase expands the company's land holdings in the state and positions it for potential operational growth. The investment demonstrates the company's commitment to strengthening its presence in Gujarat's industrial landscape.

Eimco Elecon Reports Net Profit of Rs. 3,871.33 Lakhs for FY26, Board Recommends 40% Dividend 9 days ago

Eimco Elecon (India) Limited Files Clean Annual Secretarial Compliance Report for FY26 10 days ago

Eimco Elecon Launches UV-A-BE and MCAR-E Vehicles for Underground Coal Mining Apr 14, 2026

Eimco Elecon Issues Reminder Notice for Physical Securities Transfer Window Apr 13, 2026

More news about Eimco Elecon

08Apr 26

Eimco Elecon Submits SEBI Compliance Certificate for Q4 FY26

Eimco Elecon (India) Limited submitted its quarterly compliance certificate under SEBI Regulation 74(5) for Q4 FY26, confirming proper dematerialisation processes. The certificate was issued by registrar MUFG Intime India Private Limited on April 3, 2026, and communicated to BSE and NSE on April 8, 2026. The submission confirms adherence to prescribed timelines for processing securities dematerialisation and maintaining proper records.

01Apr 26

Eimco Elecon Board Meeting Scheduled for April 14, 2026 to Consider Q4FY26 Results and Final Dividend

Eimco Elecon (India) Limited has announced a board meeting for April 14, 2026, to approve Q4FY26 audited financial results and consider final dividend recommendation for FY26. The intimation, signed by Company Secretary Rikenkumar Dalwadi on March 31, 2026, was sent to BSE and NSE in compliance with SEBI Regulation 29. The meeting will address financial results for the quarter and year ended March 31, 2026.

28Jan 26

Eimco Elecon (India) Limited Announces Change in Corporate Identification Number

Eimco Elecon (India) Limited has announced a change in its Corporate Identification Number from L29199GJ1974PLC002574 to L28249GJ1974PLC002574, effective January 28, 2026. The change follows Ministry of Corporate Affairs approval of a special resolution for altering the company's Memorandum of Association objects clause under the Companies Act, 2013. The company has notified BSE and NSE to update their records accordingly.

09Jan 26

Eimco Elecon (India) Limited Publishes Q3 FY26 Financial Results

Eimco Elecon (India) Limited has published its Q3 FY26 unaudited financial results in Business Standard and Jai Hind newspapers on January 9, 2026, complying with SEBI regulations. The results show total income of ₹6,305.74 lakhs for Q3 FY26 compared to ₹4,583.74 lakhs in Q3 FY25, with net profit of ₹1,251.53 lakhs versus ₹619.04 lakhs in the previous year. The company reported earnings per share of ₹21.70 for the quarter, significantly higher than ₹10.73 in the corresponding previous period.

09Jan 26

Eimco Elecon Stock Surges 16% Following Strong Q3FY26 Results and Land Acquisition Approval

Eimco Elecon (India) Ltd's stock surged 16% to ₹1,884.00 following strong Q3FY26 results showing 133% QoQ profit growth to ₹12.00 crores and 90% revenue increase to ₹63.00 crores. The mining equipment manufacturer also received board approval for a ₹47.00 crore land acquisition in Gujarat. Despite nine-month performance showing declines, the company maintains strong long-term metrics with 78% profit CAGR over three years.

08Jan 26

Eimco Elecon Q3 Net Profit Surges 102.22% YoY, Board Approves ₹473.3 Cr Land Purchase

Eimco Elecon (India) Ltd delivered outstanding Q3FY26 financial performance with revenue from operations growing 37.66% to ₹630.57 crores and net profit surging 102.22% to ₹125.15 crores. The company's Board of Directors approved the quarterly results and a strategic land acquisition worth ₹473.30 crores in Gujarat to support future business expansion, demonstrating strong operational efficiency and growth prospects.

31Dec 25

Eimco Elecon Finalizes Tamrock Reclassification with Updated Shareholding Pattern

Eimco Elecon (India) Limited has finalized the reclassification of Tamrock Great Britain Holdings Limited from promoter group to public shareholder category, completing comprehensive documentation that shows the updated promoter group structure with 28,23,920 shares representing 48.96% ownership, led by Aakaaish Investments Private Limited's 24.91% stake.

29Dec 25

Eimco Elecon Completes Corporate Restructuring with New Business Expansion Plans

Eimco Elecon successfully completed its postal ballot with shareholders approving new Memorandum of Association adoption, business expansion into construction machinery, defence platforms and pharmaceuticals, and promoter reclassification. The company restructured its MOA under Companies Act 2013 and gained approval to diversify into strategic new sectors with overwhelming 99.99% shareholder support.

10Oct 25

Investor Vijay Kedia Acquires Stake in Eimco Elecon Amid AI Skepticism

Renowned investor Vijay Kedia's firm, Kedia Securities Ltd., purchased a nearly 1% stake in Eimco Elecon for approximately Rs 10 crore. The stock gained over 5% following the announcement, despite a 28% decline over the past 12 months. Kedia expressed skepticism about the genuine use of AI by Indian companies, stating that businesses often incorporate AI into presentations without practical application. He highlighted the data centre sector as having bright prospects in India. Eimco Elecon recently published its unaudited financial results for Q2 and H1 FY2023-24.

09Oct 25

EIMCO ELECON Reports Sharp Decline in Q2 Revenue and Profits

Eimco Elecon, an industrial machinery company, has reported significant declines in its Q2 financial results. Revenue dropped by 50.15% to ₹332.00 million, while net profit fell by 59.16% to ₹53.50 million compared to the same quarter last year. EBITDA decreased by 65.56% to ₹52.00 million, with the EBITDA margin contracting from 23.00% to 15.71%. The company faces challenges in maintaining profit margins and operational efficiency amidst reduced business activities or market demand.

07Oct 25

Vijay Kedia Acquires Significant Stake in Eimco Elecon Amid Stock's Recent Decline

Marquee investor Vijay Kedia has acquired a significant stake in Gujarat-based Eimco Elecon (India) Ltd for Rs 11.00 crore. The transaction involved purchasing 57,400 shares at Rs 1,906.71 per share, a 4.40% premium to the previous close. Following the news, Eimco Elecon's stock surged 5%, closing at Rs 1,917.50. The company, which manufactures equipment for underground and opencast mines, reported a net profit of Rs 14.48 crore and revenue of Rs 67.56 crore in Q1 FY2024. Despite a 34% decline over the past year, the stock has shown impressive 3-year returns of 426%.

26Sept 25

Tamrock Great Britain Holdings Exits Eimco Elecon, Sells Entire 24.68% Stake

Tamrock Great Britain Holdings Limited, a major promoter group entity, has completely divested its 24.68% stake in Eimco Elecon (India) Limited through an offer for sale (OFS) on the stock exchanges. The sale involved 14,23,875 shares and was executed on September 24-25 via BSE and NSE. The transaction reduces Tamrock's shareholding from 24.68% to nil, while Eimco Elecon's total equity share capital remains unchanged at 57,68,385 shares.

24Sept 25

Tamrock Great Britain Holdings Expands Eimco Elecon Share Offer to 24.68% of Total Equity

Tamrock Great Britain Holdings has expanded its offer for sale in Eimco Elecon (India) Limited to 14,23,875 shares, representing 24.68% of the company's equity. The offer, initially set at 7,23,875 shares, now includes an additional 7,00,000 shares through an oversubscription option. The sale is scheduled for September 24-25, 2025, with 1,42,388 shares reserved for retail investors. This move could impact Eimco Elecon's stock price and shareholding pattern.

24Sept 25

Eimco Elecon Shares Plunge 15% as Promoter Announces Major Stake Sale

Eimco Elecon's shares dropped 15% following an announcement by promoter Tamrock Great Britain Holdings Limited to sell up to 24.68% stake through an Offer for Sale (OFS). The OFS includes a base offer of 12.55% with an oversubscription option for an additional 12.14%. The floor price is set at ₹1,400 per share, a 31% discount to the previous closing price. The OFS is scheduled for September 24-25, 2025, with a 10% reservation for retail investors.

15Sept 25

Eimco Elecon Reports Q1 Results: Revenue Dips, Order Book Shrinks Significantly

Eimco Elecon (India) Limited's Q1 investor presentation revealed a slight 3.1% revenue decline to INR 68.00 crores. EBITDA fell 18.3% to INR 12.00 crores, while PAT decreased 2.0% to INR 14.00 crores. The company's order book saw a substantial 68.8% reduction to INR 39.00 crores from INR 125.00 crores year-over-year. Despite challenges, gross profit improved to INR 37.00 crores with a margin expansion to 55.0%. The significant order book decline may pose future growth challenges for the underground mining equipment manufacturer.

05Aug 25

Eimco Elecon Seeks Shareholder Approval for Kamlesh Nalin Shah's Appointment as Executive Director

Eimco Elecon has initiated a postal ballot for shareholder approval to appoint Mr. Kamlesh Nalin Shah as Whole-time Director designated as Executive Director for a three-year term from September 10, 2025, to September 9, 2028. The proposed remuneration package includes a basic salary of Rs. 4.80 lakh per month, allowances of Rs. 8.55 lakh per month, and variable incentives up to Rs. 25 lakh per annum. Mr. Shah brings 27 years of experience in various financial and operational areas. The e-voting period is from August 7 to September 5, 2025. The company's financial performance shows consistent growth over the past three fiscal years.

11Jul 25

Eimco Elecon Reports Strong Demand in Indian and International Markets, Announces Leadership Changes

Eimco Elecon, a material handling equipment manufacturer, reports strong demand in Indian and international markets. The company announces key leadership changes: Mr. Mukulnarayan Dwivedi to step down as Executive Director but continue as Mining Equipment Business Vertical Head; Mr. Kamlesh Nalin Shah appointed as new Executive Director; Mrs. Manjuladevi Shroff to conclude her term as Independent Director.

10Jul 25

EIMCO ELECON Reports Q1 EBITDA and Revenue Decline

Eimco Elecon, an industrial machinery company, has released its Q1 financial results showing declines across key metrics. Revenue decreased by 3.01% to ₹676.00 crore, EBITDA fell by 18.54% to ₹123.00 crore, and net profit dipped by 2.03% to ₹145.00 crore compared to the same quarter last year. The EBITDA margin also decreased from 21.60% to 18.22%.

23Apr 25

EIMCO ELECON Reports Mixed Q4 Results: Revenue Dips, EBITDA Margin Improves

EIMCO ELECON's Q4 financial results show a 23.70% year-over-year revenue decline to ₹643.00 million. However, the company improved its profitability metrics, with EBITDA increasing to ₹181.00 million and EBITDA margin expanding significantly to 28.23%. Net profit remained stable at ₹149.00 million, slightly up from the previous year. The results demonstrate the company's effective cost management and operational efficiency in the face of revenue challenges.