Elecon Q4 PAT Drops 96% YoY to ₹6 Crores

Elecon reported Q4 FY26 consolidated revenue of ₹746 crores, down 6.5% YoY, with PAT plummeting to ₹6 crores due to a ₹102 crore goodwill impairment.
Open order book surged 36% YoY to ₹1,292 crores, providing strong visibility, with Gear orders at ₹894 crores and MHE orders at ₹398 crores.
MHE division revenue grew 36.8% YoY to ₹274 crores with 22.8% EBIT margin, while Gear division revenue fell to ₹472 crores impacted by global macro challenges.
The company disclosed a one-time arbitration settlement income of ₹25 crores in MHE division and reclassified its investment in EIMCO Elecon, recognizing an ₹80 crore unrealized gain.