Elgi Equipments Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 19%)
- Efficient capital deployment (ROCE 22.1%)
- Attractively valued vs sector (P/E 35x vs industry 47.1x)
- 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 | ₹4,850 | ₹3.2L Cr | 33.9 | 7.9 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹363 | ₹2.6L Cr | 43 | 11.08 | 27.4 | 36.4 | 0 |
| TMCV Tata Motors Limited | ₹— | ₹1.5L Cr | 20.4 | 10.71 | 34 | 35.9 | 0.44 |
| BHEL Bharat Heavy Electricals Limited | ₹405 | ₹1.3L Cr | 46.9 | 5.28 | 6.23 | 9.14 | 0.22 |
| ABB ABB India Limited | ₹6,490 | ₹1.3L Cr | 84.4 | 14.72 | 22.4 | 29.9 | 0.02 |
| ENRIN Siemens Energy India Limited | ₹2,840 | ₹1.3L Cr | 98.46 | 26.82 | — | — | 0.04 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹832 | ₹1.3L Cr | 91.7 | 15 | 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 financial results for the period ended September 30, 2026
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
Latest News
All newsElgi Equipments receives new credit rating
*Elgi Equipments receives new credit rating.* The company has been assigned a credit rating following a recent filing with the NSE. This is a routine assessment and does not indicate immediate financial stress or gain. Investors may review the detailed report for outlook and assumptions. 📊 *STOCKS:* $ELGIEQUIP | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
Elgi Equipments shares unaffected by newspaper publication filing
*Elgi Equipments shares unchanged after filing copy of newspaper publication.* The move is a routine corporate disclosure with no financial impact. **No material changes** in operations or management reported. Compliance-related filings like this are standard for listed companies. 📊 *STOCKS:* $ELGIEQUIP | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CorporateFiling
Elgi Equipments hosts analyst and investor meet
*Elgi Equipments hosts analyst and investor meet*. The company provided updates during its recent analyst and institutional investor interaction. No major financial announcements or guidance revisions were disclosed. The session focused on operational performance and market outlook. 📊 *STOCKS:* ELGIEQUIP | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #AnalystMeet
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 12.9% | ₹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 | ₹583 Cr 10.2% | ₹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 | ₹30 Cr 11.8% | ₹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 | ₹773 Cr 30.1% | ₹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 16.5% | ₹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 | ₹165 Cr 103.7% | ₹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 9.8% | ₹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 16.5% | ₹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 | 42d 40.0% | 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 | 22.0% 0.0% | 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 GoodsIndustrial Products