Elgi Equipments Ltd
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]
- Market Cap ₹ 16,961 Cr.
- Current Price ₹ 535
- High / Low ₹ 799 / 390
- Stock P/E 48.4
- Book Value ₹ 54.5
- Dividend Yield 0.37 %
- ROCE 28.3 %
- ROE 21.9 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 28.4% CAGR over last 5 years
Cons
- Stock is trading at 9.82 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
828 | 776 | 866 | 892 | 1,022 | 1,177 | 1,081 | 1,100 | 1,583 | 1,757 | 1,843 | 2,081 | |
706 | 686 | 753 | 779 | 890 | 1,035 | 961 | 944 | 1,337 | 1,441 | 1,441 | 1,645 | |
Operating Profit | 122 | 90 | 112 | 113 | 132 | 142 | 120 | 156 | 245 | 316 | 402 | 436 |
OPM % | 15% | 12% | 13% | 13% | 13% | 12% | 11% | 14% | 15% | 18% | 22% | 21% |
6 | 12 | -42 | 14 | 14 | 16 | 49 | 24 | 46 | 83 | 68 | 70 | |
Interest | 1 | 5 | 4 | 2 | 2 | 4 | 5 | 5 | 3 | 7 | 7 | 2 |
Depreciation | 18 | 29 | 37 | 37 | 36 | 34 | 37 | 35 | 37 | 38 | 36 | 36 |
Profit before tax | 109 | 69 | 29 | 88 | 108 | 121 | 128 | 140 | 251 | 354 | 428 | 468 |
Tax % | 28% | 19% | 68% | 23% | 29% | 30% | 21% | 25% | 25% | 23% | 25% | 25% |
78 | 56 | 9 | 68 | 77 | 85 | 100 | 105 | 189 | 272 | 322 | 350 | |
EPS in Rs | 2.47 | 1.76 | 0.30 | 2.16 | 2.43 | 2.67 | 3.17 | 3.32 | 5.97 | 8.60 | 10.17 | 11.05 |
Dividend Payout % | 20% | 28% | 169% | 23% | 25% | 24% | 26% | 24% | 19% | 23% | 20% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 14% |
3 Years: | 10% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 28% |
3 Years: | 23% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 49% |
3 Years: | 13% |
1 Year: | -12% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 21% |
3 Years: | 23% |
Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 32 | 32 | 32 | 32 | 32 |
Reserves | 480 | 517 | 472 | 525 | 584 | 646 | 694 | 784 | 952 | 1,190 | 1,438 | 1,695 |
92 | 113 | 64 | 48 | 85 | 42 | 102 | 104 | 2 | 93 | 112 | 10 | |
207 | 184 | 180 | 177 | 199 | 224 | 190 | 250 | 275 | 267 | 321 | 348 | |
Total Liabilities | 796 | 830 | 731 | 766 | 884 | 928 | 1,001 | 1,170 | 1,262 | 1,582 | 1,902 | 2,084 |
157 | 258 | 257 | 244 | 222 | 220 | 234 | 211 | 199 | 216 | 210 | 213 | |
CWIP | 85 | 6 | 1 | 0 | 2 | 6 | 4 | 4 | 7 | 3 | 9 | 51 |
Investments | 87 | 118 | 124 | 138 | 156 | 175 | 174 | 178 | 181 | 184 | 190 | 231 |
467 | 448 | 350 | 384 | 504 | 528 | 590 | 777 | 874 | 1,180 | 1,493 | 1,589 | |
Total Assets | 796 | 830 | 731 | 766 | 884 | 928 | 1,001 | 1,170 | 1,262 | 1,582 | 1,902 | 2,084 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
40 | 79 | 135 | 87 | 28 | 107 | 73 | 116 | 105 | 235 | 255 | ||
-95 | -74 | -46 | -38 | -61 | -53 | -71 | -53 | 6 | -287 | -91 | ||
53 | -4 | -71 | -35 | 15 | -65 | 0 | -5 | -129 | 49 | -69 | ||
Net Cash Flow | -2 | 1 | 19 | 15 | -18 | -11 | 2 | 58 | -19 | -3 | 95 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 79 | 78 | 67 | 65 | 90 | 89 | 86 | 110 | 98 | 92 | 101 | 83 |
Inventory Days | 78 | 91 | 71 | 71 | 72 | 59 | 76 | 79 | 66 | 62 | 70 | 71 |
Days Payable | 90 | 81 | 85 | 80 | 86 | 87 | 76 | 103 | 74 | 61 | 80 | 70 |
Cash Conversion Cycle | 67 | 89 | 53 | 56 | 77 | 61 | 87 | 86 | 90 | 93 | 90 | 84 |
Working Capital Days | 99 | 119 | 44 | 65 | 84 | 73 | 96 | 101 | 85 | 83 | 88 | 80 |
ROCE % | 21% | 12% | 15% | 16% | 18% | 18% | 18% | 17% | 26% | 30% | 30% | 28% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Secretarial Compliance Report for FY ended March 31, 2025; minor disclosure delays noted, no penalties.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 1d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Q4 2024-25 earnings call recording available on company website.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper publication made today pertaining to the financial results of the Company for the quarter and year ended March 31, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
29 May - Presentation for the Q4 Analyst Call is enclosed herewith.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Concalls
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May 2025Transcript PPT
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Mar 2025Transcript PPT REC
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT REC
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Feb 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptPPTREC
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May 2023TranscriptPPTREC
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Feb 2023Transcript PPT
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
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May 2022TranscriptPPT
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Mar 2022Transcript PPT
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Feb 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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May 2021TranscriptPPT
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Feb 2021Transcript PPT
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Nov 2020TranscriptPPT
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Apr 2020TranscriptPPT
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Feb 2020TranscriptNotesPPT
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Jan 2020TranscriptPPT
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Feb 2019Transcript PPT
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Feb 2018Transcript PPT
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Feb 2017TranscriptNotesPPT
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Feb 2016TranscriptPPT
Market Leadership[1]
The Company is the 6th largest air compressor manufacturer globally and the 2nd largest in India.