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 ₹ 19,312 Cr.
- Current Price ₹ 610
- High / Low ₹ 799 / 503
- Stock P/E 58.9
- Book Value ₹ 54.4
- Dividend Yield 0.33 %
- ROCE 22.3 %
- ROE 20.6 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 24.4% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 19.3%
Cons
- Stock is trading at 11.2 times its book value
- Company might be capitalizing the interest cost
* 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
Part of BSE 400 MidSmallCap Index BSE SmallCap Select Index BSE 250 SmallCap Index Nifty Total Market Nifty MidSmallcap 400
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,125 | 1,350 | 1,294 | 1,401 | 1,370 | 1,604 | 1,863 | 1,829 | 1,924 | 2,525 | 3,041 | 3,218 | 3,358 | |
1,024 | 1,249 | 1,204 | 1,274 | 1,229 | 1,426 | 1,669 | 1,692 | 1,707 | 2,227 | 2,604 | 2,727 | 2,848 | |
Operating Profit | 102 | 101 | 90 | 127 | 141 | 178 | 194 | 138 | 217 | 298 | 437 | 491 | 510 |
OPM % | 9% | 8% | 7% | 9% | 10% | 11% | 10% | 8% | 11% | 12% | 14% | 15% | 15% |
16 | 9 | 32 | 6 | 14 | 10 | 11 | 14 | 25 | 54 | 175 | 60 | 58 | |
Interest | 7 | 12 | 17 | 14 | 9 | 7 | 11 | 17 | 15 | 15 | 24 | 34 | 35 |
Depreciation | 18 | 26 | 37 | 44 | 45 | 44 | 51 | 65 | 74 | 74 | 78 | 77 | 77 |
Profit before tax | 93 | 72 | 68 | 75 | 100 | 137 | 144 | 70 | 153 | 263 | 510 | 440 | 455 |
Tax % | 35% | 37% | 30% | 32% | 26% | 30% | 28% | 39% | 33% | 32% | 27% | 29% | |
60 | 46 | 48 | 51 | 74 | 95 | 103 | 43 | 102 | 178 | 371 | 312 | 328 | |
EPS in Rs | 1.90 | 1.44 | 1.52 | 1.61 | 2.34 | 3.01 | 3.25 | 1.34 | 3.23 | 5.63 | 11.70 | 9.84 | 10.35 |
Dividend Payout % | 28% | 35% | 33% | 31% | 21% | 20% | 20% | 61% | 25% | 20% | 17% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 12% |
3 Years: | 19% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 24% |
3 Years: | 44% |
TTM: | -18% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 38% |
3 Years: | 26% |
1 Year: | 13% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 17% |
3 Years: | 21% |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 32 | 32 | 32 | 32 | 32 |
Reserves | 418 | 448 | 478 | 530 | 591 | 673 | 755 | 753 | 838 | 1,001 | 1,339 | 1,579 | 1,691 |
288 | 337 | 367 | 304 | 251 | 266 | 238 | 448 | 465 | 436 | 577 | 638 | 521 | |
332 | 363 | 296 | 256 | 250 | 298 | 366 | 334 | 430 | 491 | 531 | 558 | 537 | |
Total Liabilities | 1,054 | 1,164 | 1,156 | 1,106 | 1,108 | 1,253 | 1,375 | 1,551 | 1,765 | 1,959 | 2,479 | 2,807 | 2,781 |
297 | 391 | 454 | 462 | 441 | 440 | 504 | 600 | 572 | 553 | 587 | 587 | 579 | |
CWIP | 76 | 86 | 10 | 2 | 4 | 2 | 6 | 4 | 4 | 7 | 3 | 10 | 13 |
Investments | 15 | 15 | 15 | 15 | 15 | 15 | 14 | 12 | 24 | 31 | 37 | 41 | 44 |
666 | 672 | 677 | 627 | 648 | 795 | 851 | 935 | 1,165 | 1,367 | 1,852 | 2,170 | 2,144 | |
Total Assets | 1,054 | 1,164 | 1,156 | 1,106 | 1,108 | 1,253 | 1,375 | 1,551 | 1,765 | 1,959 | 2,479 | 2,807 | 2,781 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-71 | 97 | 78 | 126 | 126 | 47 | 172 | 35 | 240 | 69 | 166 | 288 | |
-259 | -122 | -17 | -16 | -39 | -53 | -107 | -152 | -110 | 2 | -217 | -101 | |
254 | 20 | -52 | -100 | -77 | -10 | -60 | 91 | -48 | -81 | 60 | -82 | |
Net Cash Flow | -75 | -4 | 10 | 10 | 9 | -17 | 5 | -25 | 82 | -11 | 8 | 105 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 73 | 66 | 69 | 66 | 65 | 78 | 72 | 69 | 76 | 68 | 66 | 68 |
Inventory Days | 126 | 118 | 132 | 106 | 109 | 110 | 99 | 128 | 122 | 130 | 143 | 145 |
Days Payable | 95 | 92 | 82 | 79 | 83 | 86 | 87 | 78 | 103 | 86 | 75 | 80 |
Cash Conversion Cycle | 103 | 92 | 119 | 92 | 91 | 102 | 83 | 119 | 95 | 112 | 135 | 133 |
Working Capital Days | 80 | 63 | 73 | 66 | 67 | 76 | 61 | 95 | 86 | 84 | 89 | 91 |
ROCE % | 17% | 11% | 8% | 11% | 13% | 16% | 16% | 8% | 13% | 19% | 24% | 22% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
4m - Company had a meeting with Mr. Lakshman Venkitaraman of M/s. Wasatch Global Investors at the Registered office today. The Company has not disclosed any UPSI …
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Schedule of the physical analyst con-call to be held on 16th December 2024.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
9 Dec - Of One-on-One Physical analyst Meeting to be held on 12th December, 2024.
-
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
6 Dec - Issuance of duplicate share certificates for shareholders.
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 6 Dec
Annual reports
-
Financial Year 2024
from bse
-
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
Concalls
-
Nov 2024Transcript PPT
-
Aug 2024TranscriptNotesPPT
-
May 2024TranscriptNotesPPT REC
-
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]