Elecon Engineering Company Q2 FY26 results (Jul–Sep 2025) and concall

Elecon Engineering Company reported a resilient Q2 FY26 performance, with consolidated revenue growing 14% YoY to INR 578 crores and EBITDA at INR 126 crores. Strong order inflows across both Gear and MHE divisions, up 28% YoY to INR 688 crores, provide robust visibility. While international execution faced geopolitical delays and Gear division margins were temporarily impacted by product mix and costs, management expressed high confidence in achieving its full-year guidance of INR 2,650 crores revenue and 24% EBITDA margin, driven by accelerated H2 execution and a healthy order book.