Press Release
Performance of Elecon Engineering Company Ltd.
QUARTERLY RESULT (Rs. in Crores)
Particulars

Q1FY08

Q1FY07

Growth

TURNOVER

129.63

94.57

37%

PBT

15.51

8.11

91%

PAT

10.46

5.4

94%



TURNOVER FOR THE YEAR (Rs in Crores)
Division

FY07

FY06

Growth

Material Handling Equipments

410

211

94%

GEAR

313

232

35%

Total

723

443

63%



FOR THE YEAR (Rs. in Crores)
Particulars

FY07

FY06

Growth

PBT

84.41

40.98

105.97 %

PAT

54.90

27.88

96.91%



ORDER BOOKED DURING THE YEAR (Rs in Crores)
Division

FY07

FY06

Growth

Material Handling Equipments

370

318

16%

GEAR

409

265

54%

TOTAL

779

583

34%



ORDER BOOKED DURING THE FIRST QUARTER   (Rs in Crores)
Division

Q1FY08

Q1FY07

Growth (%)

Material Handling Equipments

340

102

231

GEAR

83

74

12

TOTAL

423

176

139



UNEXECUTED ORDERS as on June 30,  (Rs in Crores)
Division

FY07

FY06

Growth

Material Handling Equipments

646

480

35%

GEAR

223

139

61%

Total

869

619

40%

 FUTURE PLANS

A) Wind Mill Farms
Company has signed License Agreement with Turbo winds N V, Belgium for technology tie-up. Company has also signed an agreement with C-WET for   certification of 600 KW windmills. Capex of around 8 to 10 Crores is required for this activity in first year. We are targeting to sell 50 units in a year that can go up to 300 units per year in a phased manner.
Plan is to go for higher segment in future.

B) Wind Mill Gear Box
Elecon plans to invest about Rs 80 Crores in Wind Mill Gear Box facility in segment of 1MW to 2MW. Presently, gearboxes for 1MW to 2MW are being imported. Initial turnover of Rs. 110 Crores is expected in first full year of operations that may happen in 2008-09.

Market Capitalization as on July 27, 2007 was around Rs 1733 Crores.

Date 28-07-2007