Elgi Equipments Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 21.5%)
- ✓Efficient capital deployment (ROCE 23.7%)
- ✓Attractively valued vs sector (P/E 41.8x vs industry 52.7x)
- ✓Low debt relative to equity (D/E 0.2x)
Concerns
- ✗High premium to book value (P/B 8.3x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,568 | ₹3.0L Cr | 33 | 7.44 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹407 | ₹3.0L Cr | 49.4 | 12.41 | 27.6 | 36.5 | 0 |
| ABB ABB India Limited | ₹7,530 | ₹1.6L Cr | 104 | 20.35 | 22.4 | 29.9 | 0.01 |
| TMCV Tata Motors Limited | ₹412 +0.59% | ₹1.5L Cr | 38.6 | 10.71 | 34 | 35.9 | 0.44 |
| CUMMINSIND Cummins India Limited | ₹5,590 | ₹1.5L Cr | 62.3 | 18.27 | 30.2 | 39.5 | 0 |
| BHEL Bharat Heavy Electricals Limited | ₹417 | ₹1.5L Cr | 60.4 | 5.55 | 6.23 | 9.14 | 0.45 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹912 | ₹1.4L Cr | 118 | 18.02 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ELGIEQUIP · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 31.19% | 31.19% | 31.19% | 31.19% | 31.19% | 31.19% |
| FII | 29.02% | 29.54% | 29.47% | 29.40% | 29.40% | 29.09% |
| DII | 4.92% | 4.97% | 5.00% | 5.04% | 5.07% | 4.98% |
| Public | 34.70% | 34.12% | 34.11% | 34.17% | 34.16% | 34.36% |
| Others | 0.16% | 0.16% | 0.23% | 0.17% | 0.18% | 0.38% |
Corporate Events
To consider and approve the Unaudited financial results for the quarter ended June 30, 2026
Dividend - Rs 2.70 Per Share
Dividend - Rs 2.20 Per Share
Annual General Meeting/Dividend - Rs 2 Per Share
Dividend - Rs 2 Per Share
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.1K Cr ▲11.0% | ₹1.0K Cr ▲3.6% | ₹968 Cr ▲11.6% | ₹867 Cr ▼12.7% | ₹993 Cr ▲17.1% | ₹848 Cr ▼2.4% | ₹869 Cr ▲8.5% | ₹801 Cr |
| Op. Profit | ₹173 Cr ▲20.1% | ₹144 Cr ▲2.9% | ₹140 Cr ▲15.7% | ₹121 Cr ▼19.3% | ₹150 Cr ▲26.1% | ₹119 Cr ▼16.2% | ₹142 Cr ▲24.6% | ₹114 Cr |
| OPM | 16.0% ▲14.3% | 14.0% ▲0.0% | 14.0% ▲0.0% | 14.0% ▼6.7% | 15.0% ▲7.1% | 14.0% ▼12.5% | 16.0% ▲14.3% | 14.0% |
| Net Profit | ₹128 Cr ▲34.7% | ₹95 Cr ▼21.5% | ₹121 Cr ▲40.7% | ₹86 Cr ▼15.7% | ₹102 Cr ▲25.9% | ₹81 Cr ▼14.7% | ₹95 Cr ▲30.1% | ₹73 Cr |
| EPS (₹) | 4.04 ▲34.7% | 3 ▼21.7% | 3.83 ▲41.9% | 2.7 ▼16.1% | 3.22 ▲26.8% | 2.54 ▼15.1% | 2.99 ▲30.0% | 2.3 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.0K Cr ▲12.6% | ₹3.5K Cr ▲9.1% | ₹3.2K Cr ▲5.8% | ₹3.0K Cr ▲20.4% | ₹2.5K Cr ▲31.2% | ₹1.9K Cr ▲5.2% | ₹1.8K Cr ▼1.8% | ₹1.9K Cr ▲16.1% | ₹1.6K Cr ▲17.1% | ₹1.4K Cr |
| Expenses | ₹3.4K Cr ▲13.1% | ₹3.0K Cr ▲9.4% | ₹2.7K Cr ▲4.7% | ₹2.6K Cr ▲16.9% | ₹2.2K Cr ▲30.5% | ₹1.7K Cr ▲0.9% | ₹1.7K Cr ▲1.4% | ₹1.7K Cr ▲17.0% | ₹1.4K Cr ▲16.0% | ₹1.2K Cr |
| Op. Profit | ₹579 Cr ▲9.5% | ₹529 Cr ▲7.7% | ₹491 Cr ▲12.4% | ₹437 Cr ▲46.6% | ₹298 Cr ▲37.3% | ₹217 Cr ▲57.2% | ₹138 Cr ▼28.9% | ₹194 Cr ▲9.0% | ₹178 Cr ▲26.2% | ₹141 Cr |
| OPM | 15.0% ▲0.0% | 15.0% ▲0.0% | 15.0% ▲7.1% | 14.0% ▲16.7% | 12.0% ▲9.1% | 11.0% ▲37.5% | 8.0% ▼20.0% | 10.0% ▼9.1% | 11.0% ▲10.0% | 10.0% |
| Other Income | ₹110 Cr ▲74.6% | ₹63 Cr ▲5.0% | ₹60 Cr ▼65.7% | ₹175 Cr ▲224.1% | ₹54 Cr ▲116.0% | ₹25 Cr ▲78.6% | ₹14 Cr ▲27.3% | ₹11 Cr ▲10.0% | ₹10 Cr ▼28.6% | ₹14 Cr |
| Interest | ₹25 Cr ▼26.5% | ₹34 Cr ▲0.0% | ₹34 Cr ▲41.7% | ₹24 Cr ▲60.0% | ₹15 Cr ▲0.0% | ₹15 Cr ▼11.8% | ₹17 Cr ▲54.5% | ₹11 Cr ▲57.1% | ₹7 Cr ▼22.2% | ₹9 Cr |
| Depreciation | ₹86 Cr ▲13.2% | ₹76 Cr ▼1.3% | ₹77 Cr ▼1.3% | ₹78 Cr ▲5.4% | ₹74 Cr ▲0.0% | ₹74 Cr ▲13.8% | ₹65 Cr ▲27.5% | ₹51 Cr ▲15.9% | ₹44 Cr ▼2.2% | ₹45 Cr |
| PBT | ₹577 Cr ▲19.7% | ₹482 Cr ▲9.5% | ₹440 Cr ▼13.7% | ₹510 Cr ▲93.9% | ₹263 Cr ▲71.9% | ₹153 Cr ▲118.6% | ₹70 Cr ▼51.4% | ₹144 Cr ▲5.1% | ₹137 Cr ▲37.0% | ₹100 Cr |
| Tax % | 25.0% ▼7.4% | 27.0% ▼6.9% | 29.0% ▲7.4% | 27.0% ▼15.6% | 32.0% ▼3.0% | 33.0% ▼15.4% | 39.0% ▲39.3% | 28.0% ▼6.7% | 30.0% ▲15.4% | 26.0% |
| Net Profit | ₹430 Cr ▲22.9% | ₹350 Cr ▲12.2% | ₹312 Cr ▼15.9% | ₹371 Cr ▲108.4% | ₹178 Cr ▲74.5% | ₹102 Cr ▲137.2% | ₹43 Cr ▼58.3% | ₹103 Cr ▲8.4% | ₹95 Cr ▲28.4% | ₹74 Cr |
| EPS (₹) | 13.57 ▲22.8% | 11.05 ▲12.2% | 9.85 ▼15.8% | 11.7 ▲107.8% | 5.63 ▲74.3% | 3.23 ▲141.0% | 1.34 ▼58.8% | 3.25 ▲8.0% | 3.01 ▲28.6% | 2.34 |
| Div Payout | 20.0% ▲0.0% | 20.0% ▲0.0% | 20.0% ▲17.6% | 17.0% ▼15.0% | 20.0% ▼20.0% | 25.0% ▼59.0% | 61.0% ▲205.0% | 20.0% ▲0.0% | 20.0% ▼4.8% | 21.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹32 Cr ▲0.0% | ₹32 Cr ▲0.0% | ₹32 Cr ▲0.0% | ₹32 Cr ▲0.0% | ₹32 Cr ▲0.0% | ₹32 Cr ▲100.0% | ₹16 Cr ▲0.0% | ₹16 Cr ▲0.0% | ₹16 Cr ▲0.0% | ₹16 Cr |
| Reserves | ₹2.2K Cr ▲20.0% | ₹1.8K Cr ▲16.1% | ₹1.6K Cr ▲18.0% | ₹1.3K Cr ▲33.8% | ₹1.0K Cr ▲19.5% | ₹838 Cr ▲11.3% | ₹753 Cr ▼0.3% | ₹755 Cr ▲12.2% | ₹673 Cr ▲13.9% | ₹591 Cr |
| Borrowings | ₹533 Cr ▼7.6% | ₹577 Cr ▼9.6% | ₹638 Cr ▲10.6% | ₹577 Cr ▲32.3% | ₹436 Cr ▼6.2% | ₹465 Cr ▲3.8% | ₹448 Cr ▲88.2% | ₹238 Cr ▼10.5% | ₹266 Cr ▲6.0% | ₹251 Cr |
| Other Liabilities | ₹780 Cr ▲31.3% | ₹594 Cr ▲6.5% | ₹558 Cr ▲5.1% | ₹531 Cr ▲8.1% | ₹491 Cr ▲14.2% | ₹430 Cr ▲28.7% | ₹334 Cr ▼8.7% | ₹366 Cr ▲22.8% | ₹298 Cr ▲19.2% | ₹250 Cr |
| Total Liabilities | ₹3.5K Cr ▲16.8% | ₹3.0K Cr ▲8.2% | ₹2.8K Cr ▲13.2% | ₹2.5K Cr ▲26.5% | ₹2.0K Cr ▲11.0% | ₹1.8K Cr ▲13.8% | ₹1.6K Cr ▲12.8% | ₹1.4K Cr ▲9.7% | ₹1.3K Cr ▲13.1% | ₹1.1K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹699 Cr ▲18.1% | ₹592 Cr ▲0.9% | ₹587 Cr ▲0.0% | ₹587 Cr ▲6.1% | ₹553 Cr ▼3.3% | ₹572 Cr ▼4.7% | ₹600 Cr ▲19.0% | ₹504 Cr ▲14.5% | ₹440 Cr ▼0.2% | ₹441 Cr |
| CWIP | ₹136 Cr ▲156.6% | ₹53 Cr ▲430.0% | ₹10 Cr ▲233.3% | ₹3 Cr ▼57.1% | ₹7 Cr ▲75.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▼33.3% | ₹6 Cr ▲200.0% | ₹2 Cr ▼50.0% | ₹4 Cr |
| Investments | ₹261 Cr ▲222.2% | ₹81 Cr ▲97.6% | ₹41 Cr ▲10.8% | ₹37 Cr ▲19.4% | ₹31 Cr ▲29.2% | ₹24 Cr ▲100.0% | ₹12 Cr ▼14.3% | ₹14 Cr ▼6.7% | ₹15 Cr ▲0.0% | ₹15 Cr |
| Other Assets | ₹2.5K Cr ▲6.0% | ₹2.3K Cr ▲6.5% | ₹2.2K Cr ▲17.2% | ₹1.9K Cr ▲35.5% | ₹1.4K Cr ▲17.3% | ₹1.2K Cr ▲24.6% | ₹935 Cr ▲9.9% | ₹851 Cr ▲7.0% | ₹795 Cr ▲22.7% | ₹648 Cr |
| Total Assets | ₹3.5K Cr ▲16.8% | ₹3.0K Cr ▲8.2% | ₹2.8K Cr ▲13.2% | ₹2.5K Cr ▲26.5% | ₹2.0K Cr ▲11.0% | ₹1.8K Cr ▲13.8% | ₹1.6K Cr ▲12.8% | ₹1.4K Cr ▲9.7% | ₹1.3K Cr ▲13.1% | ₹1.1K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹454 Cr ▲16.1% | ₹391 Cr ▲37.2% | ₹285 Cr ▲71.7% | ₹166 Cr ▲140.6% | ₹69 Cr ▼71.3% | ₹240 Cr ▲585.7% | ₹35 Cr ▼79.7% | ₹172 Cr ▲266.0% | ₹47 Cr ▼62.7% | ₹126 Cr |
| Investing CF | ₹-98 Cr ▲65.4% | ₹-283 Cr ▼180.2% | ₹-101 Cr ▲53.5% | ₹-217 Cr ▼10950.0% | ₹2 Cr ▲101.8% | ₹-110 Cr ▲27.6% | ₹-152 Cr ▼42.1% | ₹-107 Cr ▼101.9% | ₹-53 Cr ▼35.9% | ₹-39 Cr |
| Financing CF | ₹-312 Cr ▼43.8% | ₹-217 Cr ▼174.7% | ₹-79 Cr ▼231.7% | ₹60 Cr ▲174.1% | ₹-81 Cr ▼68.8% | ₹-48 Cr ▼152.7% | ₹91 Cr ▲251.7% | ₹-60 Cr ▼500.0% | ₹-10 Cr ▲87.0% | ₹-77 Cr |
| Net Cash Flow | ₹43 Cr ▲139.4% | ₹-109 Cr ▼203.8% | ₹105 Cr ▲1212.5% | ₹8 Cr ▲172.7% | ₹-11 Cr ▼113.4% | ₹82 Cr ▲428.0% | ₹-25 Cr ▼600.0% | ₹5 Cr ▲129.4% | ₹-17 Cr ▼288.9% | ₹9 Cr |
| Free Cash Flow | ₹348 Cr ▲16.8% | ₹298 Cr ▲22.6% | ₹243 Cr ▲122.9% | ₹109 Cr ▲147.7% | ₹44 Cr ▼79.1% | ₹211 Cr ▲3616.7% | ₹-6 Cr ▼105.0% | ₹120 Cr ▲1614.3% | ₹7 Cr ▼92.9% | ₹98 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67d ▲6.3% | 63d ▼6.0% | 67d ▲1.5% | 66d ▼2.9% | 68d ▼10.5% | 76d ▲10.1% | 69d ▼4.2% | 72d ▼7.7% | 78d ▲20.0% | 65d |
| Inventory Days | 134d ▲3.9% | 129d ▼11.0% | 145d ▲1.4% | 143d ▲10.0% | 130d ▲6.6% | 122d ▼4.7% | 128d ▲29.3% | 99d ▼10.0% | 110d ▲0.9% | 109d |
| Days Payable | 87d ▲20.8% | 72d ▼10.0% | 80d ▲6.7% | 75d ▼12.8% | 86d ▼16.5% | 103d ▲32.1% | 78d ▼10.3% | 87d ▲1.2% | 86d ▲3.6% | 83d |
| Cash Conv. Cycle | 114d ▼5.8% | 121d ▼8.3% | 132d ▼2.2% | 135d ▲20.5% | 112d ▲17.9% | 95d ▼20.2% | 119d ▲43.4% | 83d ▼18.6% | 102d ▲12.1% | 91d |
| Working Capital Days | 45d ▲50.0% | 30d ▲11.1% | 27d ▼3.6% | 28d ▼22.2% | 36d ▲56.5% | 23d ▼36.1% | 36d ▼5.3% | 38d ▼2.6% | 39d ▲8.3% | 36d |
| ROCE | 24.0% ▲9.1% | 22.0% ▲0.0% | 22.0% ▼8.3% | 24.0% ▲26.3% | 19.0% ▲46.2% | 13.0% ▲62.5% | 8.0% ▼50.0% | 16.0% ▲0.0% | 16.0% ▲23.1% | 13.0% |
Source: Screener.in · Lower days = better efficiency
About Elgi Equipments Limited
Incorporated in 1960, Elgi Equipments Limited along with its subsidiaries, is in the business of manufacturing and supplying Air Compressors ** & Automotive Equipments**. It is also providing related after sales services [1]
Capital Goods · Industrial Products