Stock Report

Eimco Elecon Reports FY2026 Results: Net Profit at ₹38.71 Crore Amidst Sectoral Headwinds

Posted On : 2026-04-14 22:01:40( TIMEZONE : IST )

Eimco Elecon (India) Limited (NSE: EIMCOELECO / BSE: 523708), a leading manufacturer of specialized mining and construction equipment, has released its audited financial results for the quarter and year ended March 31, 2026. The company reported a steady operational performance, although net profitability saw a decline compared to the previous fiscal year.

Annual Performance Overview

For the full financial year 2026, Eimco Elecon recorded a Total Income of ₹247.75 Crore, compared to ₹264.80 Crore in FY2025. The marginal decline in revenue reflects a challenging environment in the capital goods and mining machinery sector.

Net Profit After Tax (PAT): The company earned a net profit of ₹38.71 Crore for FY2026, down from ₹48.91 Crore in the previous year.

Earnings Per Share (EPS): The Basic and Diluted EPS for the year stood at ₹67.11, compared to ₹84.78 in FY2025.

Other Equity: The company's reserves and surplus grew significantly, reaching ₹461.74 Crore as of March 31, 2026, up from ₹426.17 Crore a year ago.

Quarterly Highlights (Q4 FY2026)

The fourth quarter saw a slight uptick in operational revenue compared to the preceding quarter, though overall income was impacted by negative "Other Income" adjustments.

Revenue from Operations: Stood at ₹66.88 Crore, showing a 6% growth over the December 2025 quarter (₹63.06 Crore).

Profitability: Net Profit for the quarter was ₹6.36 Crore, as the company navigated higher manufacturing and employee benefit expenses during the period.

Cost Management and Efficiency

The company successfully managed its input costs, with the Cost of Materials Consumed dropping to ₹88.18 Crore for the full year, down from ₹116.59 Crore in FY2025. This indicates improved procurement efficiencies or a change in the product mix toward higher-margin services and equipment. However, other expenses and employee benefits saw a marginal rise, offsetting some of the material cost savings.

Eimco Elecon remains a debt-light entity, with Finance Costs remaining negligible at just ₹84.97 Lakhs for the entire year, showcasing a very strong balance sheet and self-funded operational capabilities.

Shares of Eimco Elecon (India) Limited was last trading in BSE at Rs. 1760.50 as compared to the previous close of Rs. 1764.05. The total number of shares traded during the day was 2060 in over 337 trades.

The stock hit an intraday high of Rs. 1788.00 and intraday low of 1708.45. The net turnover during the day was Rs. 3630178.00.