Elgi Equipments

how big is Elgi Equipments?

As of Jun 06, Elgi Equipments Ltd has a market capitalization of 16,781.92 Cr, with net sales of 3,510.41 Cr and net profit of 350.14 Cr for the latest four quarters. Shareholder's funds are 1,611.08 Cr, and total assets amount to 2,786.47 Cr.

Market Cap: As of Jun 06, Elgi Equipments Ltd has a market capitalization of 16,781.92 Cr and is classified as a Mid Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Elgi Equipments reported a sum of Net Sales of 3,510.41 Cr and a sum of Net Profit of 350.14 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: The balance sheet data is also on a Consolidated basis, covering the latest annual period of Mar'24. Shareholder's Funds are reported at 1,611.08 Cr, while Total Assets amount to 2,786.47 Cr.

What does Elgi Equipments do?

Elgi Equipments Ltd manufactures air compressors and provides after-sales services, operating in the Compressors, Pumps & Diesel Engines industry. As of March 2025, it reported net sales of 993 Cr and a net profit of 102 Cr, with a market cap of Rs 16,810 Cr.

Overview: <BR>Elgi Equipments Ltd is engaged in the manufacture and trading of air compressors and providing after-sales services, operating within the Compressors, Pumps & Diesel Engines industry and categorized as a Mid Cap company.<BR><BR>History: <BR>Elgi Equipments was incorporated on March 14, 1960, as a Private Limited Company and was converted into a Public Limited Company in 1975. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>- Net Sales: 993 Cr (Quarterly Results - Mar 2025) <BR>- Net Profit: 102 Cr (Quarterly Results - Mar 2025) <BR>- Market Cap: Rs 16,810 Cr (Mid Cap) <BR><BR>Key Metrics: <BR>- P/E: 48.00 <BR>- Industry P/E: 40 <BR>- Dividend Yield: 0.37% <BR>- Debt Equity: -0.18 <BR>- Return on Equity: 18.77% <BR>- Price to Book: 9.08 <BR><BR>Contact Details: <BR>Address: Elgi Industrial Complex III, Trichy Road Singanallur Coimbatore Tamil Nadu : 641005 <BR>Tel: 91-0422-2589555 <BR>Email: investor@elgi.com <BR>Website: http://www.elgi.com

What is the bonus history of the Elgi Equipments?

Elgi Equipments has issued bonus shares twice, with a 1:1 bonus announced on September 24, 2020, and another 1:1 bonus on December 14, 2010, demonstrating a consistent practice of rewarding shareholders.

Elgi Equipments has a history of issuing bonuses, with two notable instances. The most recent bonus was a 1:1 issue announced with an ex-date of September 24, 2020, and the record date was September 26, 2020. Prior to that, the company also issued a 1:1 bonus on December 14, 2010, with a record date of December 17, 2010. This indicates that Elgi Equipments has consistently rewarded its shareholders through bonus shares in the past.

Has Elgi Equipments declared dividend?

Yes, Elgi Equipments Ltd has declared a dividend of 200%, amounting to ₹2 per share, with an ex-date of July 24, 2024. While recent returns have been negative, the company has shown substantial growth in price returns over the longer term, particularly a 573% increase over the last 5 years.

Elgi Equipments Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 200%<BR>- Amount per share: 2 per share<BR>- Ex-date: 24 Jul 24<BR><BR>Dividend Yield: 0.37%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -17.81%, with no dividend return, resulting in a total return of -17.81%.<BR><BR>Over the past year, the price return was -12.9%, with a dividend return of 0.33%, leading to a total return of -12.57%.<BR><BR>In the 2-year period, the price return was -1.03%, with a dividend return of 0.75%, culminating in a total return of -0.28%.<BR><BR>For the 3-year period, the price return was 41.35%, with a dividend return of 1.37%, resulting in a total return of 42.72%.<BR><BR>Over the last 4 years, the price return was 148.37%, with a dividend return of 2.83%, leading to a total return of 151.2%.<BR><BR>In the 5-year period, the price return was 573.0%, with a dividend return of 8.29%, resulting in a total return of 581.29%.<BR><BR>Overall, Elgi Equipments has declared a significant dividend, and while recent returns have been negative in shorter periods, the longer-term performance shows substantial growth, particularly in price returns over the last 5 years.

Who are the peers of the Elgi Equipments?

Elgi Equipments' peers include Cummins India, KSB, Kirloskar Oil, and Ingersoll-Rand, among others. In terms of performance, Shakti Pumps leads with a 1-year return of 101.76%, while Elgi Equipments has a return of -11.27%.

Peers: The peers of Elgi Equipments are Cummins India, KSB, Kirl. Brothers, Kirloskar Oil, Ingersoll-Rand, Shakti Pumps, Kirl.Pneumatic, Swaraj Engines, Greaves Cotton, and Roto Pumps.<BR><BR>Quality Snapshot: Excellent management risk is observed at Cummins India and Ingersoll-Rand, while Good management risk is found at Elgi Equipments, KSB, Kirl. Brothers, Kirloskar Oil, Shakti Pumps, Kirl.Pneumatic, and Swaraj Engines, and the rest. Excellent growth is seen at Cummins India, Shakti Pumps, and the rest have Good growth, except for Swaraj Engines which has Average growth. Excellent capital structure is noted at Cummins India, Elgi Equipments, KSB, Kirl. Brothers, Ingersoll-Rand, Shakti Pumps, Kirl.Pneumatic, Swaraj Engines, and Roto Pumps, while Kirloskar Oil has Below Average capital structure and Greaves Cotton has Good capital structure.<BR><BR>Return Snapshot: Shakti Pumps has the highest 1-year return at 101.76%, while Kirloskar Oil has the lowest at -33.51%. Elgi Equipments' 1-year return of -11.27% is better than Kirloskar Oil's but worse than Shakti Pumps'. Additionally, the six-month returns for Kirl. Brothers, Kirloskar Oil, Ingersoll-Rand, and Kirl.Pneumatic are negative.

Is Elgi Equipments overvalued or undervalued?

As of April 15, 2025, Elgi Equipments is considered very expensive and overvalued with a PE ratio of 47.88 and an EV to EBITDA of 31.31, despite strong ROCE and ROE, while its year-to-date performance has lagged behind the Sensex.

As of 15 April 2025, Elgi Equipments has moved from expensive to very expensive in its valuation grade. The company is currently considered overvalued. Key ratios include a PE ratio of 47.88, an EV to EBITDA of 31.31, and a PEG ratio of 3.90, all of which indicate a premium valuation compared to its peers. <BR><BR>In comparison, KSB has a PE of 59.09 and an EV to EBITDA of 42.75, while Kirl. Brothers shows a PE of 33.48 and an EV to EBITDA of 22.29, suggesting that Elgi Equipments is trading at a higher valuation despite its strong ROCE of 29.27% and ROE of 18.77%. Additionally, the company's recent performance has lagged behind the Sensex, with a year-to-date return of -8.19% compared to the Sensex's 5.63%.

Who are in the management team of Elgi Equipments?

As of March 2023, the management team of Elgi Equipments includes Jairam Varadaraj (Managing Director), Anvarjay Varadaraj (Executive Director), and several non-executive and independent directors, ensuring a diverse governance structure.

As of March 2023, the management team of Elgi Equipments includes the following members:<BR><BR>1. Jairam Varadaraj - Managing Director<BR>2. N Mohan Nambiar - Non-Executive & Independent Director<BR>3. B Vijayakumar - Non-Executive & Independent Director<BR>4. Sudarsan Varadaraj - Non-Executive & Non-Independent Director<BR>5. Ganesh Devaraj - Non-Executive & Independent Director<BR>6. M Ramprasad - Non-Executive & Independent Director<BR>7. Aruna Thangaraj - Non-Executive & Independent Director<BR>8. Anvarjay Varadaraj - Executive Director<BR>9. S Prakash - Company Secretary & Compliance Officer<BR><BR>This team encompasses a mix of executive and non-executive directors, contributing to the governance and strategic direction of the company.

Who are the top shareholders of the Elgi Equipments?

The top shareholders of Elgi Equipments include Dark Horse Portfolio Investment Private Limited with 20.1%, Pari Washington India Master Fund, Ltd. at 6.97%, and individual investors collectively owning 20.82%. Additionally, foreign institutional investors hold 29.09%, while 15 mutual fund schemes account for 3.48% of the shares.

The top shareholders of Elgi Equipments include a mix of institutional and individual investors. The largest promoter is Dark Horse Portfolio Investment Private Limited, holding 20.1% of the shares. Among public shareholders, Pari Washington India Master Fund, Ltd. holds 6.97%. Additionally, individual investors collectively own 20.82% of the company. In terms of institutional holdings, 15 mutual fund schemes hold a total of 3.48%, while foreign institutional investors (FIIs) account for 29.09% of the shares, represented by 154 different FIIs.

When is the next results date for Elgi Equipments?

Elgi Equipments will announce its results on 12 August 2025.

Elgi Equipments will declare its results on 12 August 2025.

Is Elgi Equipments technically bullish or bearish?

As of November 7, 2025, Elgi Equipments is in a bearish trend across multiple time frames, with bearish signals from MACD, Bollinger Bands, and daily moving averages, despite a mildly bullish indication from Dow Theory, and it has underperformed the Sensex significantly with a year-to-date return of -17.60%.

As of 7 November 2025, the technical trend for Elgi Equipments has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple time frames. The MACD is bearish on both the weekly and monthly charts, and Bollinger Bands also reflect a bearish outlook in the same time frames. Daily moving averages confirm the bearish trend. Although the Dow Theory shows a mildly bullish signal on the weekly chart, it is outweighed by the overall bearish indicators. The stock has underperformed significantly compared to the Sensex over various periods, particularly with a year-to-date return of -17.60% versus the Sensex's +6.50%.

How has been the historical performance of Elgi Equipments?

Elgi Equipments has shown consistent growth in net sales and profits, with net sales increasing from 1,829.39 crore in March 2020 to 3,510.45 crore in March 2025, and profit after tax rising to 344.64 crore. The company's earnings per share improved from 2.69 to 11.04 during the same period, reflecting strong financial performance.

Answer:<BR>The historical performance of Elgi Equipments shows a consistent growth in net sales and profits over the years, with a notable increase in the most recent fiscal year.<BR><BR>Breakdown:<BR>Elgi Equipments has demonstrated a steady increase in net sales, rising from 1,829.39 crore in March 2020 to 3,510.45 crore in March 2025. This growth is reflected in the total operating income, which also increased from 1,829.39 crore in March 2020 to 3,510.45 crore in March 2025. The operating profit (PBDIT) has shown a positive trend, reaching 582.69 crore in March 2025, despite fluctuations in previous years. Profit before tax reached 476.15 crore in March 2025, while profit after tax was recorded at 344.64 crore. The earnings per share (EPS) increased to 11.04 in March 2025 from 2.69 in March 2020, indicating improved profitability per share. On the balance sheet, total assets grew significantly from 1,539.01 crore in March 2020 to 3,006.90 crore in March 2025, while total liabilities also increased, reflecting the company's expansion. Cash flow from operating activities improved to 287 crore in March 2024, contributing to a net cash inflow of 104 crore for that year. Overall, Elgi Equipments has shown robust growth in sales, profits, and asset base over the years.

Are Elgi Equipments Ltd latest results good or bad?

Elgi Equipments Ltd's latest results show strong profit growth with a 41.82% increase in net profit and an 11.41% rise in revenue; however, concerns about sustainability arise from a reliance on other income and a contraction in core operating margins, leading to cautious market reactions.

Elgi Equipments Ltd's latest results present a mixed picture. On one hand, the company reported a significant sequential growth in net profit of 41.82%, reaching ₹121.40 crores, and an 11.41% year-on-year revenue increase to ₹968.00 crores. This reflects solid operational performance and strong demand in its core segments.<BR><BR>However, there are concerns regarding the sustainability of this earnings growth, primarily due to a substantial increase in other income, which accounted for nearly a quarter of the operating profit. The core operating margin, excluding this other income, actually contracted to 14.45%, down from 16.29% a year ago, indicating potential pressures on profitability.<BR><BR>Additionally, the market's reaction has been cautious, with the stock gaining only 0.26% following the announcement, suggesting that investors are weighing the strong fundamentals against valuation concerns. The company trades at a high price-to-earnings ratio of 40.39x, which is considered expensive relative to its peers and raises questions about future growth sustainability.<BR><BR>In summary, while the results show strong profit growth and operational efficiency, the reliance on volatile other income and margin compression are significant red flags that could impact the company's future performance.

Should I buy, sell or hold Elgi Equipments Ltd?

Why is Elgi Equipments Ltd falling/rising?

As of 16-Mar, Elgi Equipments Ltd's stock price is Rs 468.60, down 0.21%, and has fallen 9.51% over the last four days. Despite strong long-term fundamentals, the stock is in a bearish trend with decreased investor participation and is trading below its moving averages.

As of 16-Mar, Elgi Equipments Ltd's stock price is currently at Rs 468.60, reflecting a decrease of Rs 1.0 or 0.21%. The stock has been experiencing a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 9.51% during this period. This decline is further highlighted by the stock's performance over the past week and month, where it has decreased by 7.30% and 6.98%, respectively, while the benchmark Sensex has also shown negative returns of 2.66% and 9.34% in the same time frames.<BR><BR>The stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 18.24% compared to the 5-day average, suggesting reduced interest from investors.<BR><BR>Despite these negative indicators, the company maintains strong long-term fundamentals, including a healthy return on equity of 20.46% and significant growth in operating profit. However, the current market sentiment appears to be affecting the stock's performance negatively, leading to its recent decline.

Which are the latest news on Elgi Equipments?