Elecon Engineering's Q1 FY27 results showed consolidated revenue of INR 521 Cr (+11.9% YoY adjusted) and a 21% EBITDA margin.

The Gear division grew 16.3% to INR 416 Cr.

MHE revenue dipped 2.9% to INR 105 Cr due to project delays, but order intake was strong.

The overall order book reached INR 1,518 Cr (+36.8% YoY). Management aims for low double-digit FY27 revenue growth, maintaining EBITDA margins.

Higher input costs and geopolitical tensions are key considerations, with exports to the Middle East and US showing good traction.