Elecon Engineering Co Ltd (NSE:ELECON)
₹ 437.85 -12.6 (-2.8%) Market Cap: 98.21 Bil Enterprise Value: 92.53 Bil PE Ratio: 41.56 PB Ratio: 4.26 GF Score: 90/100

Q3 2025 Elecon Engineering Company Ltd Earnings Call Transcript

Jan 23, 2025 / 10:30 AM GMT
Release Date Price: ₹568.9 (+3.29%)

Key Points

Positve
  • Elecon Engineering Co Ltd (BOM:505700) reported an 11.7% year-on-year growth in consolidated revenue for Q3 FY25, reaching INR 529 crores.
  • The Material Handling Equipment (MHE) division showed a remarkable 71.9% year-on-year growth in revenue for Q3 FY25.
  • The company maintained a strong order book of INR 684 crores as of December 31, 2024, up from INR 572 crores the previous year.
  • EBITDA margin improved to 27% in Q3 FY25, up from 25.4% in the same quarter last year, driven by a favorable product mix and operational efficiencies.
  • Elecon Engineering Co Ltd (BOM:505700) is committed to sustainability, with a target to reduce greenhouse gas emissions by 54.6% by FY33.
Negative
  • The Gear Division experienced a modest 2.1% year-on-year growth in Q3 FY25 and a decline of 3.6% for the first nine months of FY25 due to subdued demand in the steel and sugar sectors.
  • Export markets remained subdued, with a slight decline of 1.2% in overseas revenue year-on-year, impacted by geopolitical uncertainties and economic slowdown in the UK and Europe.
  • The company revised its revenue guidance for FY25, anticipating a miss of approximately 3% due to market uncertainties and slow growth in key sectors.
  • The steel sector is facing challenges due to dumping from China, leading to delayed orders and impacting the Gear Division's performance.
  • Despite a strong order book, there is a cautious business sentiment and delayed capital investments due to geopolitical uncertainties, affecting order inflows.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ELCN.NS - Elecon Engineering Company Ltd
Q3 2025 Elecon Engineering Company Ltd Earnings Call
Jan 23, 2025 / 10:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to Q3 FY25 earning conference call of Elecon Engineering Company Limited. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call? Please signal an operator by pressing star then zero on your touchtone phone. I now hand the conference over to Mr Harshit, Kapadia. Thank you and over to you, sir.

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Unidentified_2 [2]
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Thank you, Rita.
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