ELGIEQUIP · NSE
Elgi Equipments Limited
₹609.55
+2.74% (+₹16.25)
Prev. close
₹593.3
Volume
3,98,074
Delivery %
54.5%
As of
18 Sept 2026
Price history
Rupak De · LKP Securities · 31 Aug 2026
“Bullish on Elgi Equipments, recommending a buy at CMP Rs 628.85 with a target of Rs 685 and a stop loss of Rs 610. The stock has moved higher after finding support above the 50 EMA, and the RSI has re-entered a bullish crossover, indicating improving momentum.”
Entry ₹628.85Target ₹685 (+8.9%)Stop ₹610 (-3.0%)R:R 3.0:1Stopped out · 10 Sept 2026
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Bullish on Elgi Equipments, recommending a buy at CMP Rs 628.85 with a target of Rs 685 and a stop loss of Rs 610. The s…” | Rupak DeLKP Securities | Elgi Equipments Ltd | PENDING | ||||
“Bullish on Elgi Equipments, recommending a buy at CMP Rs 628.85 with a target of Rs 685 and a stop loss of Rs 610. The stock has moved higher after finding support above the 50 EMA, and the RSI has re-entered a bullish crossover, indicating improving momentum.” This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
| “Recommends buying ELGI Equipments at ₹609.50, with a stop loss at ₹590 and a target of ₹640. The stock has given a falli…” | Rupak DeLKP Securities | ELGI Equipments | PENDING | ||||
Fundamentals
About Elgi Equipments Limited
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.
Details
Sector
Industrials
Industry
Specialty Industrial Machinery
CEO
Dr. Jairam Varadaraj
Headquarters
Coimbatore
Employees
1,432
Website
elgi.comExchange
View on NSE ↗Key stats
Market cap
₹19,215.54 Cr
P/E ratio (TTM)
43.0
Dividend yield
0.46%
EPS (TTM)
₹14.18
Beta (1Y · daily vs NIFTY 50)
1.27
Beta (5Y · monthly vs NIFTY 50)
0.90
Shares float
18.92 Cr
EPS · quarter ended Jun 2026
₹3.27
Upcoming earnings
11 Nov 2026
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.6% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,924.05 Cr | ₹2,524.71 Cr | ₹3,040.70 Cr | ₹3,217.76 Cr | ₹3,510.40 Cr | ₹3,950.70 Cr | |
| EBITDA | ₹239.16 Cr | ₹347.32 Cr | ₹605.38 Cr | ₹546.30 Cr | ₹588.10 Cr | ₹688.60 Cr |
| ₹102.49 Cr | ₹178.00 Cr | ₹370.81 Cr | ₹311.89 Cr | ₹350.20 Cr | ₹430.20 Cr | |
| Diluted EPS | ₹4.61 | ₹322.14 | ₹11.71 | ₹9.86 | ₹11.08 | ₹13.61 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,765.00 Cr | ₹1,959.00 Cr | ₹2,479.00 Cr | ₹2,807.00 Cr | ₹3,037.00 Cr | ₹3,538.00 Cr | |
| — | ₹435.82 Cr | ₹576.79 Cr | ₹638.10 Cr | ₹577.20 Cr | ₹533.10 Cr | |
| Stockholders' equity | ₹870.00 Cr | ₹1,033.00 Cr | ₹1,371.00 Cr | ₹1,612.00 Cr | ₹1,866.00 Cr | ₹2,232.00 Cr |
Total debt, Long-term debt, Current (short-term) debt, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹240.00 Cr | ₹69.00 Cr | ₹166.00 Cr | ₹285.00 Cr | ₹391.00 Cr | ₹454.00 Cr | |
| Investing cash flow | ₹-109.51 Cr | ₹1.90 Cr | ₹-217.34 Cr | ₹-101.02 Cr | ₹-282.90 Cr | ₹-98.30 Cr |
| ₹-48.22 Cr | ₹-81.21 Cr | ₹59.82 Cr | ₹-79.10 Cr | ₹-217.10 Cr | ₹-312.00 Cr | |
| Capital expenditure | ₹-31.00 Cr | ₹-41.00 Cr | ₹-69.00 Cr | ₹-49.00 Cr | ₹-95.00 Cr | ₹-154.00 Cr |
| End cash position | ₹127.82 Cr | ₹116.34 Cr | ₹124.73 Cr | ₹229.45 Cr | ₹120.30 Cr | ₹163.50 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Mar 22–Jun 22(2Q) | Sep 22–Dec 22(2Q) | Mar 23 | Jun 23 | Sep 23 | Dec 23–Mar 24(2Q) | Jun 24 | Sep 24 | Dec 24 | Mar 25–Sep 25(3Q) | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 31.91% | 31.91% | 31.32% | 31.19% | 31.19% | 31.19% | 31.19% | 31.19% | 31.19% | 31.19% | 31.19% | 31.19% | 31.19% | 31.19% | 31.19% |
| Public | 67.98% | 67.90% | 68.49% | 68.62% | 68.64% | 68.67% | 68.63% | 68.65% | 68.58% | 68.64% | 68.63% | 68.43% | 68.45% | 68.28% | 68.32% |
| Employee trusts | 0.12% | 0.19% | 0.19% | 0.19% | 0.17% | 0.14% | 0.18% | 0.16% | 0.23% | 0.17% | 0.18% | 0.38% | 0.35% | 0.53% | 0.49% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.24 L Cr | ₹3,836.2 | 31.6 | 4.79 | 14.7% | 1.15 | +11.8% | +4.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.00 L Cr | ₹1,824 | 29.4 | 4.17 | 13.3% | 0.66 | +27.1% | +29.1% |
| Hindustan Aeronautics Limited | ₹3.20 L Cr | ₹4,800.3 | 34.3 | 7.80 | 22.2% | 0.00 | +5.6% | -1.2% |
| Bharat Electronics Limited | ₹2.82 L Cr | ₹395.45 | 46.0 | 11.75 | 25.3% | 0.00 | +15.9% | -4.1% |
| InterGlobe Aviation Limited | ₹1.87 L Cr | ₹4,920 | — | 26.87 | -34.3% | 11.15 | +6.6% | -13.9% |
| ABB India Limited | ₹1.51 L Cr | ₹7,270.5 | 95.5 | 19.28 | 21.3% | 0.01 | +8.1% | +33.7% |
| Bharat Heavy Electricals Limited | ₹1.43 L Cr | ₹429.2 | 58.8 | 5.47 | 6.1% | 0.31 | +18.3% | +83.2% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹32,700 | 121.7 | 26.89 | 19.1% | 0.02 | +27.2% | +68.7% |
| Cummins India Limited | ₹1.39 L Cr | ₹5,099.5 | 57.8 | 16.42 | 27.9% | 0.00 | +16.9% | +24.3% |
| CG Power and Industrial Solutions Limited | ₹1.39 L Cr | ₹892 | 107.6 | 17.39 | 15.1% | 0.01 | +25.1% | +13.7% |
| Siemens Limited | ₹1.33 L Cr | ₹3,763.5 | 78.8 | 10.07 | 15.9% | 0.01 | +16.2% | +13.3% |
| Elgi Equipments Limited | ₹18,703.28 Cr | ₹609.55 | 41.9 | 8.38 | 19.3% | 0.24 | +12.6% | +20.5% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
26 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.