Stock Report

Eimco Elecon (India) Reports Strong Q1 FY27 Results; Net Profit Climbs to ₹15.38 Crore

Posted On : 2026-07-12 10:59:33( TIMEZONE : IST )

Eimco Elecon (India) Limited has released its un-audited financial results for the first quarter of fiscal year 2026-27 (Q1 FY27) ended June 30, 2026. The manufacturing enterprise recorded expansion in its core operations, leading to an increase in both revenue and net profit on a sequential basis, alongside a steady year-on-year bottom-line growth path.

Income and Revenue Growth

Eimco Elecon posted total revenue from operations of ₹7,752.31 lakhs (~₹77.52 crore) for the quarter ended June 30, 2026. This marks a notable 14.73% year-on-year increase compared to the ₹6,756.99 lakhs recorded in the corresponding quarter of the previous fiscal year (Q1 FY26), and a sequential gain over the ₹6,688.28 lakhs generated in the preceding quarter (Q4 FY26).

Total income for the quarter reached ₹8,528.25 lakhs, supported by an other income inflow of ₹775.94 lakhs. This performance successfully bounced back from the previous quarter, where negative adjustments in other income had pulled the total income down to ₹6,556.99 lakhs.

Expenditure Trends and Margin Drivers

The company's total expenses for Q1 FY27 stood at ₹6,566.40 lakhs, compared to ₹5,724.85 lakhs in Q1 FY26 and ₹5,662.96 lakhs in Q4 FY26. A breakdown of the primary cost segments includes:

Raw Materials and Inventory: Cost of materials consumed grew to ₹2,158.68 lakhs, up from ₹1,465.21 lakhs in the same period last year. Changes in finished goods and work-in-progress inventories stood at ₹1,113.13 lakhs.

Employee Benefits: Labor overheads increased to ₹579.45 lakhs, compared to ₹560.44 lakhs in Q1 FY26 and ₹398.08 lakhs in Q4 FY26.

Distribution and Marketing: Expenses towards compensation to distributors came in at ₹870.66 lakhs, while other operating expenses were managed at ₹1,139.11 lakhs.

Finance and Asset Costs: Finance costs registered at ₹28.05 lakhs, while depreciation, impairment, and amortization expenses stood at ₹210.75 lakhs.

Profitability and Earnings Per Share

Driven by higher operational revenues, Eimco Elecon's Profit Before Tax (PBT) jumped significantly to ₹1,961.85 lakhs, outperforming the ₹894.03 lakhs posted in the previous sequential quarter and up 6.55% against the ₹1,841.31 lakhs from the year-ago period.

After factoring in a current tax provision of ₹517.59 lakhs and an offsetting deferred tax credit of ₹93.59 lakhs, the total tax expense settled at ₹424.00 lakhs.

Consequently, the company concluded the quarter with a Net Profit after tax of ₹1,537.85 lakhs (~₹15.38 crore). This represents a 6.19% growth over the ₹1,448.26 lakhs earned in Q1 FY26, and more than doubles the net profit of ₹636.42 lakhs posted in the sequential quarter ended March 31, 2026.

With no separate other comprehensive income adjustments recorded for the month, the total comprehensive income stood at ₹1,537.85 lakhs. Supported by a stable paid-up equity share capital base of ₹576.84 lakhs (face value of ₹10 per share), the basic and diluted Earnings Per Share (EPS) for the quarter improved to ₹26.66 per share, up from ₹25.11 in Q1 FY26 and ₹11.03 in Q4 FY26.

Shares of Eimco Elecon (India) Limited was last trading in BSE at Rs. 1743.90 as compared to the previous close of Rs. 1783.60. The total number of shares traded during the day was 4271 in over 442 trades.

The stock hit an intraday high of Rs. 1830.45 and intraday low of 1730.65. The net turnover during the day was Rs. 7628248.00.