Elgi Equipments Ltd

Elgi Equipments Ltd

₹ 598 -1.93%
08 Jun 9:27 a.m.
About

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]

Key Points

Market Leadership[1]
The Company is the 6th largest air compressor manufacturer globally and the 2nd largest in India.

  • Market Cap 18,954 Cr.
  • Current Price 598
  • High / Low 634 / 408
  • Stock P/E 53.5
  • Book Value 62.7
  • Dividend Yield 0.44 %
  • ROCE 25.4 %
  • ROE 19.1 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 9.73 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
456 399 439 465 540 472 531 498 580 503 568 606 666
360 318 340 363 420 378 416 395 455 406 460 478 565
Operating Profit 96 81 99 102 120 94 114 102 125 97 108 127 101
OPM % 21% 20% 23% 22% 22% 20% 22% 21% 22% 19% 19% 21% 15%
21 18 22 14 14 13 26 13 17 22 24 4 22
Interest 1 1 1 2 2 1 1 0 0 0 0 0 0
Depreciation 10 9 9 9 9 9 9 9 9 9 10 11 11
Profit before tax 106 89 111 105 123 97 131 107 133 110 122 121 112
Tax % 24% 25% 25% 25% 25% 25% 25% 25% 25% 26% 26% 26% 25%
81 67 83 79 93 73 98 80 99 82 91 90 83
EPS in Rs 2.54 2.12 2.63 2.50 2.92 2.30 3.09 2.53 3.13 2.57 2.87 2.83 2.63
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
776 866 892 1,022 1,177 1,081 1,100 1,583 1,757 1,843 2,081 2,343
686 753 779 890 1,035 961 944 1,337 1,441 1,441 1,644 1,909
Operating Profit 90 112 113 132 142 120 156 245 316 402 437 434
OPM % 12% 13% 13% 13% 12% 11% 14% 15% 18% 22% 21% 19%
12 -42 14 14 16 49 24 46 83 69 70 73
Interest 5 4 2 2 4 5 5 3 7 7 3 1
Depreciation 29 37 37 36 34 37 35 37 38 36 36 41
Profit before tax 69 29 88 108 121 128 140 251 354 428 468 464
Tax % 19% 68% 23% 29% 30% 21% 25% 25% 23% 25% 25% 26%
56 9 68 77 85 100 105 189 272 322 350 345
EPS in Rs 1.76 0.30 2.16 2.43 2.67 3.17 3.32 5.97 8.60 10.17 11.05 10.90
Dividend Payout % 28% 169% 23% 25% 24% 26% 24% 19% 23% 20% 20% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 16%
3 Years: 10%
TTM: 13%
Compounded Profit Growth
10 Years: 34%
5 Years: 28%
3 Years: 10%
TTM: 1%
Stock Price CAGR
10 Years: 22%
5 Years: 23%
3 Years: 5%
1 Year: 15%
Return on Equity
10 Years: 19%
5 Years: 22%
3 Years: 21%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 16 16 16 16 16 16 32 32 32 32 32 32
Reserves 517 472 525 584 646 694 784 952 1,190 1,438 1,695 1,955
113 64 48 85 42 102 104 2 93 112 10 41
184 180 177 199 224 190 250 275 267 321 348 484
Total Liabilities 830 731 766 884 928 1,001 1,170 1,262 1,582 1,902 2,084 2,512
258 257 244 222 220 234 211 199 216 210 213 282
CWIP 6 1 0 2 6 4 4 7 3 9 51 132
Investments 118 124 138 156 175 174 178 181 184 190 231 303
448 350 384 504 528 590 777 874 1,180 1,493 1,589 1,796
Total Assets 830 731 766 884 928 1,001 1,170 1,262 1,582 1,902 2,084 2,512

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
79 135 87 28 107 73 116 105 235 255 338 180
-74 -46 -38 -61 -53 -71 -53 6 -287 -91 -244 -74
-4 -71 -35 15 -65 0 -5 -129 49 -69 -208 -96
Net Cash Flow 1 19 15 -18 -11 2 58 -19 -3 95 -114 10
Free Cash Flow 27 118 68 6 69 38 100 79 199 223 258 48
CFO/OP 103% 113% 91% 48% 103% 89% 87% 69% 103% 94% 104% 69%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 78 67 65 90 89 86 110 98 92 99 81 100
Inventory Days 91 71 71 72 59 76 79 66 62 70 71 82
Days Payable 81 85 80 86 87 76 103 74 61 80 70 91
Cash Conversion Cycle 89 53 56 77 61 87 86 90 93 88 82 91
Working Capital Days 65 17 45 54 60 96 67 85 64 66 74 98
ROCE % 12% 15% 16% 18% 18% 18% 17% 26% 30% 30% 28% 25%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Employee Count
Number of employees

Log in to view insights

Please log in to see hidden values.

Login
Number of Dealers/Distributors
Number
Net Cash Position
INR Mn
Domestic Market Share (India)
%
R&D Expenditure (Percentage of Turnover)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
31.19% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19%
29.33% 28.82% 29.02% 29.54% 29.47% 29.40% 29.40% 29.09% 27.62% 26.12% 23.11% 22.20%
4.87% 4.84% 4.92% 4.97% 5.00% 5.04% 5.07% 4.98% 5.23% 6.24% 8.08% 9.08%
34.47% 34.96% 34.70% 34.12% 34.11% 34.17% 34.16% 34.36% 35.58% 36.06% 37.26% 37.00%
0.14% 0.18% 0.16% 0.16% 0.23% 0.17% 0.18% 0.38% 0.38% 0.38% 0.35% 0.53%
No. of Shareholders 49,93458,12656,75455,15054,98863,56865,97768,53376,95179,97192,46589,695

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls