Elgi Equipments Limited ELGIEQUIP NIFTY_SMALLNSEINFRA

Industrials · Specialty Industrial Machinery · India

https://www.elgi.com

Elgi Equipments Limited manufactures and sells air compressors and related parts in India, Europe, Australia, the United States, and internationally. It operates through two segments, Air Compressors and Automotive Equipments. The company offers oil lubricated screw and piston air compressors, oil free piston and screw air compressors, rotary and reciprocating air compressors, diesel and electric portable air compressors, railway air compressors, heat recovery systems, and medical air compressors and vacuum pumps, as well as air accessories; air compressor parts, filters and separators, lubricants and fluids, and service kits, and other accessories; and air compressor service. It is also involved in the trading of air compressors, nitrogen systems, and altitude training systems; manufacture and trading of automotive garage equipment, compressed air systems, and vacuum pumps for medical applications; renting of property; and provision of design services. In addition, the company manufactures and trades compressors, hydraulic hammers, and rampi cars. The company serves manufacturing, textile, agriculture, automotive, and construction industries. Elgi Equipments Limited was incorporated in 1960 and is based in Coimbatore, India.

Market & Price

Market Cap

₹18,077.52 Cr

Current Price

₹573.45

High / Low (52W)

₹593.55 / ₹415.55

Beta

0.04

Valuation

Stock P/E

42.20

Industry PE

27.78

Forward P/E

32.34

PEG Ratio

Book Value

₹70.79

Price to Book

8.10

P/S

4.58

EV/EBITDA

30.51

Dividend Yield

0.47%

Profitability & Returns

ROCE

25.66%

ROE

21.00%

ROA

9.36%

Profit Margin

10.89%

Op Margin

13.41%

EPS (Latest Qtr)

₹4.05

EPS (TTM)

₹13.59

Balance Sheet & Liquidity

Debt/Equity

0.24

Quick Ratio

1.39

Current Ratio

2.08

Debt

₹533.10 Cr

Total Assets

₹3,545.50 Cr

Current Assets

₹2,490.20 Cr

Working Capital

₹1,294.30 Cr

Ownership

Promoter Holding

46.16%

Chg in Prom Hold

FII / Inst Holding

17.08%

Chg in FII Hold

Financial Snapshot

Enterprise Value

₹17,667.48 Cr

Total Revenue (TTM)

₹3,950.70 Cr

EBITDA

₹579.10 Cr

Free Cash Flow

₹252.24 Cr

Operating Cash Flow

₹453.50 Cr

Shares Outstanding

₹31.52 Cr

Gross Margin

51.05%

Payout Ratio

16.16%

Growth (CAGR)

Revenue 5Y

9.34%

Profit 5Y

5.08%

Revenue (YoY)

12.10%

Earnings (YoY)

25.40%

PROS

Strong return on equity of 21.0%.
Healthy ROCE of 25.7%.
Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#	Name	CMP ₹	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	ELGIEQUIP Elgi Equipments Limited NIFTY_SMALLNSEINFRA	573.45	42.20	₹18,077.52 Cr	0.47%	25.66%	21.00%	9.34%	5.08%
2	LT Larsen & Toubro Limited NIFTY50NSEAIINFRA	4,076.50	34.84	₹5.61 L Cr	0.93%	14.55%	16.95%	16.09%	15.38%
3	ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA	1,804.60	30.96	₹4.16 L Cr	0.42%	11.02%	15.59%	22.93%	34.11%
4	HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU	4,303.80	31.55	₹2.88 L Cr	1.16%	13.80%	23.98%	7.87%	16.08%
5	POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA	38,445.00	172.41	₹1.71 L Cr	0.02%	24.92%	21.04%	22.24%	119.12%
6	INDIGO InterGlobe Aviation Limited NSEINFRA	4,405.00	-	₹1.70 L Cr	0.24%	15.53%	-	44.12%	72.60%
7	CUMMINSIND Cummins India Limited NSEINFRA	5,881.00	68.97	₹1.63 L Cr	1.12%	34.95%	29.45%	16.07%	24.35%
8	CGPOWER CG Power and Industrial Solutions Limited NSEINFRA	917.45	118.99	₹1.44 L Cr	0.14%	19.35%	19.56%	21.67%	7.81%
9	POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA	9,477.50	53.48	₹1.43 L Cr	0.37%	30.44%	24.58%	26.57%	28.11%

Quarterly Results

Figures in INR.

Metric	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	992.90 Cr	866.70 Cr	968.00 Cr	1,003.40 Cr	1,112.60 Cr
Cost of Revenue	-	-	507.40 Cr	414.50 Cr	465.80 Cr	494.80 Cr	558.80 Cr
Gross Profit	-	-	485.50 Cr	452.20 Cr	502.20 Cr	508.60 Cr	553.80 Cr
Operating Expenses	-	-	355.10 Cr	349.90 Cr	383.00 Cr	386.00 Cr	404.60 Cr
Operating Income	-	-	130.40 Cr	102.30 Cr	119.20 Cr	122.60 Cr	149.20 Cr
EBITDA	-	-	167.70 Cr	143.80 Cr	194.70 Cr	155.20 Cr	194.90 Cr
Interest Expense	-	-	7.90 Cr	7.30 Cr	7.00 Cr	5.00 Cr	6.10 Cr
Pretax Income	-	-	140.30 Cr	117.70 Cr	167.00 Cr	128.90 Cr	163.80 Cr
Tax Provision	-	-	38.30 Cr	32.10 Cr	45.60 Cr	33.70 Cr	35.80 Cr
Net Income	-	-	102.00 Cr	85.60 Cr	121.40 Cr	95.20 Cr	128.00 Cr
Diluted EPS	2.99	-	3.23	2.70	3.83	3.01	4.05

Profit & Loss (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue	-	3,021.95 Cr	3,202.40 Cr	3,510.40 Cr	3,950.70 Cr
Cost of Revenue	-	1,557.57 Cr	1,595.30 Cr	1,717.40 Cr	1,933.90 Cr
Gross Profit	-	1,464.38 Cr	1,607.10 Cr	1,793.00 Cr	2,016.80 Cr
Operating Expenses	-	1,104.74 Cr	1,193.00 Cr	1,344.10 Cr	1,523.50 Cr
Operating Income	-	359.64 Cr	414.10 Cr	448.90 Cr	493.30 Cr
EBITDA	-	607.86 Cr	546.30 Cr	588.10 Cr	688.60 Cr
Interest Expense	-	19.77 Cr	29.30 Cr	30.50 Cr	25.40 Cr
Pretax Income	-	510.37 Cr	440.40 Cr	481.60 Cr	577.40 Cr
Tax Provision	-	139.56 Cr	128.30 Cr	131.40 Cr	147.20 Cr
Net Income	-	370.81 Cr	312.10 Cr	350.20 Cr	430.20 Cr
Diluted EPS	-	11.71	9.86	11.08	13.61

Compounded Sales Growth

5 Years:	9.34%
1 Year:	12.10%

Compounded Profit Growth

5 Years:	5.08%
1 Year:	25.40%

Stock Price Performance

1 Year:	+15.36%
6 Months:	+19.34%
3 Months:	+6.06%
1 Month:	+3.60%

Balance Sheet (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Assets	-	2,501.56 Cr	2,821.10 Cr	3,041.50 Cr	3,545.50 Cr
Current Assets	-	1,823.74 Cr	2,119.20 Cr	2,277.10 Cr	2,490.20 Cr
Cash & Equivalents	-	124.73 Cr	229.40 Cr	120.30 Cr	163.50 Cr
Inventory	-	602.36 Cr	622.20 Cr	608.50 Cr	710.70 Cr
Receivables	-	550.71 Cr	592.70 Cr	608.40 Cr	723.90 Cr
Total Liabilities	-	1,130.40 Cr	1,209.90 Cr	1,175.90 Cr	1,313.60 Cr
Current Liabilities	-	1,021.11 Cr	1,104.00 Cr	1,082.10 Cr	1,195.90 Cr
Long Term Debt	-	21.61 Cr	19.60 Cr	7.10 Cr	0
Total Debt	-	576.79 Cr	638.10 Cr	577.20 Cr	533.10 Cr
Total Equity	-	1,371.15 Cr	1,611.20 Cr	1,865.60 Cr	2,231.90 Cr
Shares Outstanding	-	31.69 Cr	31.69 Cr	31.69 Cr	31.69 Cr

Cash Flows (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow	-	165.91 Cr	284.90 Cr	390.90 Cr	453.50 Cr
Investing Cash Flow	-	-217.34 Cr	-101.10 Cr	-282.90 Cr	-98.30 Cr
Financing Cash Flow	-	59.82 Cr	-79.10 Cr	-217.10 Cr	-312.00 Cr
Capital Expenditure	-	-69.00 Cr	-48.90 Cr	-94.80 Cr	-154.40 Cr
Free Cash Flow	-	96.91 Cr	236.00 Cr	296.10 Cr	299.10 Cr
Net Change in Cash	-	8.39 Cr	104.70 Cr	-109.10 Cr	43.20 Cr

Ratios (Annual)

Figures in %.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Gross Margin %	-	48.5%	50.2%	51.1%	51.0%
Operating Margin %	-	11.9%	12.9%	12.8%	12.5%
Net Margin %	-	12.3%	9.7%	10.0%	10.9%
ROE %	-	27.0%	19.4%	18.8%	19.3%
ROCE %	-	24.3%	24.1%	22.9%	21.0%

Shareholding Pattern

Insiders

46.16%

Institutions

17.08%

Public Float

31.73%

Analyst View

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ELGIEQUIP · Industrials