Eimco Elecon (India) LimitedQ1 FY27 Results & Financial Update
Eimco Elecon (India) Limited: Q1 FY27 standalone results and company financials – revenue ₹77.52 Cr, PAT ₹15.38 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Eimco Elecon (India) price & chart
Quarter overview
Quarterly earnings analysis
Eimco Elecon (India) Limited posted robust financial momentum for the quarter ended June 30, 2026, supported by higher operating volumes and a substantial increase in other income. Standalone revenue from operations expanded to INR 77.52 crore, compared to INR 67.57 crore in the corresponding period of the previous year and INR 66.88 crore in the preceding March 2026 quarter.
Total income for the quarter reached INR 85.28 crore, bolstered by other income of INR 7.76 crore. This compares favorably with total income of INR 75.66 crore in Q1 FY26 and INR 65.57 crore in Q4 FY26, reflecting stronger non-operating inflows alongside core manufacturing turnover.
Profitability metrics registered significant expansion across the board. Profit before tax (PBT) climbed to INR 19.62 crore from INR 18.41 crore in the year-ago period and INR 8.94 crore in the March 2026 quarter, demonstrating strong sequential earnings recovery.
Net profit after tax (PAT) for Q1 FY27 stood at INR 15.38 crore, translating to basic and diluted earnings per share (EPS) of INR 26.66. This compares with a PAT of INR 14.48 crore in Q1 FY26 and INR 6.36 crore in Q4 FY26.
Cost structures reflected heightened manufacturing activity, with total expenses for the quarter rising to INR 65.66 crore. Key cost items included raw material consumption of INR 21.59 crore, changes in inventories of finished goods and work-in-progress of INR 11.13 crore, and employee benefits expense of INR 5.79 crore.
Distributor compensation stood at INR 8.71 crore for the quarter, while other expenses aggregated to INR 11.39 crore. Depreciation and amortisation expenses were recorded at INR 2.11 crore, and finance costs remained modest at INR 0.28 crore.
The company operates through a single reportable business segment, Machinery and Spares, and maintains no subsidiary, associate, or joint venture entities as of June 30, 2026. The financial results were reviewed by the audit committee and approved by the board of directors on July 9, 2026, receiving an unmodified conclusion from statutory auditors K C Mehta & Co LLP.
01 · Business model
What does Eimco Elecon (India) do?
Eimco Elecon (India) Limited operates as a specialized engineering and manufacturing enterprise catering primarily to underground mining and construction sectors. Headquartered in Vallabh Vidyanagar, Gujarat, the company focuses on designing, manufacturing, and supplying heavy-duty mining machinery and spare parts.
Its core revenue engine is anchored in the Machinery and Spares segment, providing equipment essential for underground loading, haulage, and excavation. The product portfolio includes rocker shovels, side dump loaders, load haul dumpers, drill jumbos, and various specialized underground mining vehicles.
The company serves institutional mining enterprises, captive mineral operations, and infrastructure contractors across domestic markets. Its operating model relies on robust technical engineering, specialized fabrication capabilities, and ongoing aftermarket support through replacement parts and distributor networks.
02 · Historical context
What shaped the business before this quarter
Established in 1974, Eimco Elecon has evolved into a premier manufacturer of specialized underground mining machinery in India, operating from its manufacturing facility in Vallabh Vidyanagar, Gujarat.
The company historically concentrated its operational focus exclusively on the Machinery and Spares segment, structuring its manufacturing capabilities around underground loading, drilling, and transport equipment.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹77.52 Cr |
| Total income | ₹85.28 Cr |
| Profit before tax | ₹19.62 Cr |
| Profit after tax | ₹15.38 Cr |
| EPS | ₹26.66 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 19.8% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 25.3% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹7.76 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Core revenue of INR 77.52 crore was driven by steady execution of orders for underground mining equipment and replacement spares from mining and infrastructure clients.
Other income provided a notable boost of INR 7.76 crore during the quarter, enhancing overall top-line financial resources compared to negative other income in the preceding March quarter.
What drove margins
Raw material consumption was controlled at INR 21.59 crore, accompanied by inventory adjustments of finished goods and work-in-progress amounting to INR 11.13 crore.
Distributor compensation absorbed INR 8.71 crore, while employee benefits (INR 5.79 crore) and general other expenses (INR 11.39 crore) formed the primary operational cost components.
05 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company continues to operate within a single reportable business segment, namely Machinery and Spares, as per Ind AS 108 disclosures.
06 · Reported developments
What changed operationally
Net profit for the quarter rose to INR 15.38 crore, accompanied by an increase in basic EPS to INR 26.66.
07 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Capital allocation & funding
Finance costs for the quarter were maintained at a low level of INR 0.28 crore, reflecting conservative debt utilization.
08 · Beyond the numbers
What changed beyond the numbers
Auditor Review
Statutory auditors K C Mehta & Co LLP issued an unmodified review report on the standalone unaudited financial results for the quarter ended June 30, 2026.
09 · Previous-quarter changes
What changed since the previous quarter
Revenue improved from INR 66.88 crore in Q4 FY26 to INR 77.52 crore in Q1 FY27, while PAT rebounded from INR 6.36 crore to INR 15.38 crore over the same period.
10 · Key Q&A
The quarter, answered directly
What does Eimco Elecon (India) do?
Eimco Elecon (India) Limited operates as a specialized engineering and manufacturing enterprise catering primarily to underground mining and construction sectors. Headquartered in Vallabh Vidyanagar, Gujarat, the company focuses on designing, manufacturing, and supplying heavy-duty mining machinery and spare parts.
What is the clearest takeaway from Q1 FY27?
Eimco Elecon (India) Limited posted robust financial momentum for the quarter ended June 30, 2026, supported by higher operating volumes and a substantial increase in other income. Standalone revenue from operations expanded to INR 77.52 crore, compared to INR 67.57 crore in the corresponding period of the previous year and INR 66.88 crore in the preceding March 2026 quarter.
What drove revenue or demand?
Core revenue of INR 77.52 crore was driven by steady execution of orders for underground mining equipment and replacement spares from mining and infrastructure clients.
What mattered most for margins or profitability?
Raw material consumption was controlled at INR 21.59 crore, accompanied by inventory adjustments of finished goods and work-in-progress amounting to INR 11.13 crore.
What changed operationally beyond the headline numbers?
Statutory auditors K C Mehta & Co LLP issued an unmodified review report on the standalone unaudited financial results for the quarter ended June 30, 2026.
What should the next disclosure help confirm?
Monitor future order intake and execution velocity within the Machinery and Spares segment in subsequent quarters.
11 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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12 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Core Segment Performance: Monitor future order intake and execution velocity within the Machinery and Spares segment in subsequent quarters.
- 02
Margin Sustainability: Track the trajectory of raw material costs, inventory movements, and overhead expenses relative to top-line growth.
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