Elecon Engineering Company Limited specializes in industrial gear systems and material handling equipment, offering comprehensive solutions globally, with operations in over 95 countries.

The company has a robust strategic vision to increase export revenues to 50% by 2030, supported by strong R&D, product innovation, and strategic partnerships with global OEMs.

In Q2 FY '26, Elecon reported consolidated revenue of INR578 crores, a 14% increase year-on-year, driven by domestic demand despite geopolitical challenges affecting overseas markets.

The company is undertaking significant capex plans (INR400 crores over three years) to enhance production capacity and equipment, aiming to improve quality, productivity, and operational leverage.

Elecon's strong order book and increased inquiries provide solid revenue visibility, with a positive outlook for H2 FY '26 driven by anticipated execution acceleration and domestic market momentum.