'
Elecon
Engineering Company hosted a conference call on Jan 29, 2024. In the conference
call the company was represented by Prayasvin B. Patel, CMD; Aayush Shah, Non
Executive Director; MM Nanda, Head Gear
Division; PK Bhasin, Head MHE Division; Kamlesh Shah, Group CFO and Narashimhan Raghunathan, CFO.
Key takeaways of the
call
Consolidated orders book on hand as
end of Dec 31, 2023 stood at Rs 791 crore [gears at Rs 572 crore; MHE at Rs 219
crore].
Order intake for 9 month ended
Dec 2023 stood at Rs 1438 crore [gears at Rs 1189 crore (up 16%YoY); MHE stood
at Rs 249 crore (up 41%YoY)].
Gears – Aability to evolve with the
changing industry needs, steering towards tailor-made solutions, has enabled it
to expand wallet share among existing customers, while successfully on boarding
new clients across geographies.
Gears - The compan...
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