Elecon Engineering has offered a margin steering of 24% for fiscal 2026, barely under the 24.4% clocked in fiscal 2025. On being requested about barely decrease margins than the extent achieved in fiscal 2025, he stated, “It is dependent upon the product combine. We’ll attempt to additional enhance upon it. 24% is what now we have been capable of maintain over a time frame.”
He added that margins in exports have been wholesome and, in reality, largely higher than home margins. The corporate goals to realize a 50-50 domestic-international income combine by fiscal 2030. Within the quick time period, the tariffs imposed by US President Donald Trump have created a “small hurdle”, however in the long run, the corporate appears to be like upon it as a chance, Patel stated.
“We had been utilizing the US as a hub for the complete Americas. Now, we’ll be certain that the exports to Canada and South America, together with Mexico, shall be made immediately. So, this permits us to get a stronger foothold in Canada and South America by establishing entities up there,” he defined.
