Eimco Elecon (India) Ltd

Eimco Elecon (India) Limited informed the Bombay Stock Exchange and National Stock Exchange of India that MUFG Intime India Private Limited, formerly Link Intime India Private Limited, issued a confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter and half-year ended September 30, 2026.

EIMCO ELECON (INDIA) LIMITED will hold a meeting of its Board of Directors on Tuesday, October 13, 2026, to consider the unaudited financial results for the quarter and half-year ended September 30, 2026, the company said in a filing.

Eimco Elecon (India) Limited informed the Bombay Stock Exchange and National Stock Exchange of India that the trading window for dealing in securities of the company will be closed for designated persons and their immediate relatives/dependents from October 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter and half-year ended September 30, 2026.

Eimco Elecon (India) Ltd announced today, August 18th, 2026, that CRISIL Ratings Limited, a Credit Rating Agency, has reaffirmed the ratings for the company's bank facilities totaling Rs. 101.5 Crore. The Long-Term Rating has been reaffirmed as CRISIL A/Stable, while the Short-Term Rating remains CRISIL A1; no enhancements, assignments, or withdrawals were indicated by CRISIL Ratings Limited concerning the Total Bank Loan Facilities of Rs. 101.5 Crore, Long-Term Rating of CRISIL A/Stable, or the Short-Term Rating of CRISIL A1.

Total expenses for the period under review added up to Rs 449.31 crore, up 14.9% YoY. This was primarily due to higher raw material costs (up 32.4% YoY), higher manufacturing expenses (up 22.9% YoY) and higher depreciation charges (up 21.3% YoY). Profit before tax in Q1 FY27 stood at Rs 93.16 crore, down by 55% from Rs 207.12 crore in Q1 FY26. Prayasvin B. Patel, chairman & managing director of Elecon Engineering Company, said: 'Q1 FY27 marked another quarter of resilient performance for Elecon, with consolidated revenue of Rs 521 crore, EBITDA of Rs 109 crore and an EBITDA margin of 21.0%. We recorded a consolidated order intake of Rs 755 crore during the quarter, while our consolidated open order book stood at Rs 1,518 crore as of 30 June 2026, providing strong revenue visibility for the quarters ahead. Our Gear Division continued its strong growth trajectory, reporting revenue of Rs 416 crore compared to Rs 357 crore in Q1 FY26 grew by 16.3% YoY, with an EBIT margin of 17.9%. This performance was driven by improved execution across our overseas subsidiaries and healthy demand across domestic markets. The Material Handling Equipment (MHE) division reported revenue of Rs 105 crore, with an EBIT margin of 25.6%. While the division witnessed a temporary moderation in project execution during the quarter, the underlying demand environment remains strong. While global macroeconomic and geopolitical uncertainties persist; we are encouraged by the early signs of recovery across several international markets and remain focused on expanding our global presence. Elecon Engineering Company is one of the largest manufacturers of industrial gears and material handling equipment with seven decades of experience and expertise in Asia. Powered by Capital Market - Live

Net profit of Eimco Elecon (India) rose 6.22% to Rs 15.38 crore in the quarter ended June 2026 as against Rs 14.48 crore during the previous quarter ended June 2025. Sales rose 14.73% to Rs 77.52 crore in the quarter ended June 2026 as against Rs 67.57 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales77.5267.57 15 OPM %18.3818.22 - PBDT21.7320.28 7 PBT19.6218.41 7 NP15.3814.48 6 Powered by Capital Market - Live

Total expenses for the period under review added up to Rs 65.66 crore, up 14.7% YoY. This was primarily due to higher raw material costs (up 47.3% YoY), higher depreciation charge (up 12.7% YoY) and higher employee expenses (up 3.4% YoY). Profit before tax in Q1 FY27 stood at Rs 19.61 crore, up by 6.5% from Rs 18.41 crore in Q1 FY26. Eimco Elecon (India) produces a wide range of mining machinery, such as air-powered rocker shovels, electro-hydraulic side-dump loaders, and electro-hydraulic and air-powered load-haul dumpers that are used as loading machines in coal mines. The scrip fell 1.61% to currently trade at Rs 1831 on the BSE. Powered by Capital Market - Live

Eimco Elecon (India) will hold a meeting of the Board of Directors of the Company on 9 July 2026.

Eimco Elecon (India) announced that the Annual General Meeting(AGM) of the company will be held on 25 June 2026.

The agreement has been executed with Nirav Gopalbhai Patel, Kashyap Gopalbhai Patel, and Jyotsanaben Gopalbhai Patel as sellers. A total consideration of Rs 45,55,74,000 has been paid as full and final settlement. The transaction has been completed on a 100% cash basis through normal banking channels, with no further consideration remaining payable. The sellers are not related to the Company's promoter, promoter group, group companies, or key managerial personnel in any manner. Accordingly, the transaction does not qualify as a related party transaction and has been executed at arm's length. The agreement does not involve any special rights, including board representation, share subscription rights, or changes in capital structure. It also does not involve issuance of shares or any loan arrangements. There are no nominee directors, conflicts of interest, or additional regulatory disclosures arising from the transaction, and no termination or amendment-related disclosures are applicable at this stage. Eimco Elecon (India) is principally engaged in the business of manufacturing of equipment for mining and construction sector. Eimco Elecon (India) reported a 57.22% year-on-year decline in standalone net profit to Rs 6.36 crore for the quarter ended 31 March 2026, compared with Rs 14.87 crore in the corresponding quarter last year. Revenue from operations rose 4.04% to Rs 66.88 crore in Q4 FY26 as against Rs 64.28 crore in Q4 FY25. Shares of Eimco Elecon (India) rose 0.89% to Rs 1,657.40 on the BSE.