Elecon Engineering Company Limited has informed the Exchange about Transcript
ELECON · price
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Elecon Engineering reported record Q4 and FY25 results, with Q4 FY25 consolidated revenue up 41.3% YoY at INR 798 crores and EBITDA margin improving 50 bps to 24.5%. Full-year FY25 revenue grew 14.9% to INR 2,227 crores, EBITDA stood at INR 543 crores, and PAT rose 16.7% to INR 415 crores, beating annual guidance by 40 bps on margins. The company has a robust order book of INR 948 crores (Gears INR 583 crores + MHE INR 365 crores), with order intake in Q4 up 20.6% YoY in the Gears segment. For FY26, management has guided revenue of INR 2,650 crores (~19% growth, split INR 2,000 crores Gears / INR 650 crores MHE) and EBITDA margin of 24%, with overseas revenue expected at 27–30%. Management reiterated a long-term target of 50% revenue from international markets by FY30, supported by planned setups in Canada, Mexico, and Latin America to mitigate US tariff impact. The Board recommended a final dividend of 150% (INR 1.50 per share), and the company holds a net free cash surplus of approximately INR 550 crores.
Record results, strong order book visibility, and clear FY26 revenue growth guidance (~19%) are positives, likely to support investor sentiment. However, the FY26 EBITDA margin guidance of 24% is marginally below FY25's 24.4%, and a high payout ratio and INR 550 crores cash war chest may raise expectations of capital allocation announcements, which could also act as a near-term catalyst.