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 ₹ 19,068 Cr.
- Current Price ₹ 602
- High / Low ₹ 714 / 428
- Stock P/E 61.5
- Book Value ₹ 41.3
- Dividend Yield 0.33 %
- ROCE 30.4 %
- ROE 24.0 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 27.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 22.2%
Cons
- Stock is trading at 14.6 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.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Compressors / Drilling Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
795 | 804 | 828 | 776 | 866 | 892 | 1,022 | 1,177 | 1,081 | 1,100 | 1,583 | 1,757 | 1,760 | |
688 | 704 | 706 | 686 | 753 | 779 | 890 | 1,035 | 961 | 944 | 1,337 | 1,441 | 1,382 | |
Operating Profit | 107 | 100 | 122 | 90 | 112 | 113 | 132 | 142 | 120 | 156 | 245 | 316 | 378 |
OPM % | 13% | 12% | 15% | 12% | 13% | 13% | 13% | 12% | 11% | 14% | 15% | 18% | 21% |
12 | 13 | 6 | 12 | -42 | 14 | 14 | 16 | 49 | 24 | 46 | 83 | 75 | |
Interest | 2 | 2 | 1 | 5 | 4 | 2 | 2 | 4 | 5 | 5 | 3 | 7 | 5 |
Depreciation | 12 | 14 | 18 | 29 | 37 | 37 | 36 | 34 | 37 | 35 | 37 | 38 | 36 |
Profit before tax | 106 | 97 | 109 | 69 | 29 | 88 | 108 | 121 | 128 | 140 | 251 | 354 | 411 |
Tax % | 28% | 27% | 28% | 19% | 68% | 23% | 29% | 30% | 21% | 25% | 25% | 23% | |
76 | 71 | 78 | 56 | 9 | 68 | 77 | 85 | 100 | 105 | 189 | 272 | 310 | |
EPS in Rs | 2.40 | 2.25 | 2.47 | 1.76 | 0.30 | 2.16 | 2.43 | 2.67 | 3.17 | 3.32 | 5.97 | 8.60 | 9.79 |
Dividend Payout % | 21% | 22% | 20% | 28% | 169% | 23% | 25% | 24% | 26% | 24% | 19% | 23% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 11% |
3 Years: | 18% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 27% |
3 Years: | 38% |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 37% |
3 Years: | 48% |
1 Year: | 40% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 18% |
3 Years: | 20% |
Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 32 | 32 | 32 | 32 |
Reserves | 368 | 420 | 480 | 517 | 472 | 525 | 584 | 646 | 694 | 784 | 952 | 1,190 | 1,276 |
0 | 20 | 92 | 113 | 64 | 48 | 85 | 42 | 102 | 104 | 2 | 93 | 103 | |
181 | 195 | 207 | 184 | 180 | 177 | 199 | 224 | 190 | 250 | 275 | 267 | 261 | |
Total Liabilities | 565 | 651 | 796 | 830 | 731 | 766 | 884 | 928 | 1,001 | 1,170 | 1,262 | 1,582 | 1,672 |
91 | 94 | 157 | 258 | 257 | 244 | 222 | 220 | 234 | 211 | 199 | 216 | 212 | |
CWIP | 7 | 75 | 85 | 6 | 1 | 0 | 2 | 6 | 4 | 4 | 7 | 3 | 6 |
Investments | 65 | 85 | 87 | 118 | 124 | 138 | 156 | 175 | 174 | 178 | 181 | 184 | 189 |
401 | 397 | 467 | 448 | 350 | 384 | 504 | 528 | 590 | 777 | 874 | 1,180 | 1,265 | |
Total Assets | 565 | 651 | 796 | 830 | 731 | 766 | 884 | 928 | 1,001 | 1,170 | 1,262 | 1,582 | 1,672 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
44 | 2 | 40 | 79 | 135 | 87 | 28 | 107 | 73 | 116 | 105 | 235 | |
-34 | -89 | -95 | -74 | -46 | -38 | -61 | -53 | -71 | -53 | 6 | -287 | |
-19 | 1 | 53 | -4 | -71 | -35 | 15 | -65 | 0 | -5 | -129 | 49 | |
Net Cash Flow | -8 | -86 | -2 | 1 | 19 | 15 | -18 | -11 | 2 | 58 | -19 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 55 | 68 | 79 | 78 | 67 | 65 | 90 | 89 | 86 | 110 | 98 | 92 |
Inventory Days | 69 | 75 | 78 | 91 | 71 | 71 | 72 | 59 | 76 | 79 | 66 | 62 |
Days Payable | 73 | 82 | 90 | 81 | 85 | 80 | 86 | 87 | 76 | 103 | 74 | 61 |
Cash Conversion Cycle | 51 | 60 | 67 | 89 | 53 | 56 | 77 | 61 | 87 | 86 | 90 | 93 |
Working Capital Days | 49 | 72 | 99 | 119 | 44 | 65 | 84 | 73 | 96 | 101 | 85 | 83 |
ROCE % | 30% | 23% | 21% | 12% | 15% | 16% | 18% | 18% | 18% | 17% | 26% | 30% |
Documents
Announcements
- Closure of Trading Window 19h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 Mar
- Intimation - Regulation 30 Of SEBI (LODR) Regulations 2015 21 Mar
-
Announcement under Regulation 30 (LODR)-Cessation
15 Mar - Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
-
Financial Year 2010
from bse
Concalls
-
Feb 2024TranscriptNotesPPT
-
Feb 2024TranscriptNotesPPT
-
Nov 2023TranscriptNotesPPT
-
Aug 2023TranscriptPPTREC
-
May 2023TranscriptPPTREC
-
Feb 2023Transcript PPT
-
Nov 2022TranscriptPPT
-
Aug 2022TranscriptPPT
-
May 2022TranscriptPPT
-
Mar 2022Transcript PPT
-
Feb 2022TranscriptPPT
-
Nov 2021TranscriptPPT
-
Aug 2021TranscriptPPT
-
May 2021TranscriptPPT
-
Feb 2021Transcript PPT
-
Nov 2020TranscriptPPT
-
Apr 2020TranscriptPPT
-
Feb 2020TranscriptNotesPPT
-
Jan 2020TranscriptPPT
-
Feb 2019Transcript PPT
-
Feb 2018Transcript PPT
-
Feb 2017TranscriptNotesPPT
-
Feb 2016TranscriptPPT
Product Offerings
Co. manufactures a wide range of oil-lubricated and oil-free air compressors including Screw Compressors, Piston Compressors, Rotary Screw Compressors, Reciprocating Compressors and Centrifugal Compressors. It also offers diesel-powered Portable Screw Compressors, Railway Air Compressors, Heat Recovery Systems, Medical Air Compressors, Dryers, Air Receiver Tank and other Air Accessories.[1]