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 47.0
- Book Value ₹ 46.1
- Dividend Yield 0.33 %
- ROCE 24.4 %
- ROE 23.8 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 24.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.8%
Cons
- Stock is trading at 13.0 times its book value
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.174 Cr.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
992 | 1,125 | 1,350 | 1,294 | 1,401 | 1,370 | 1,604 | 1,863 | 1,829 | 1,924 | 2,525 | 3,041 | 3,188 | |
880 | 1,024 | 1,249 | 1,204 | 1,274 | 1,229 | 1,426 | 1,669 | 1,692 | 1,707 | 2,227 | 2,604 | 2,700 | |
Operating Profit | 112 | 102 | 101 | 90 | 127 | 141 | 178 | 194 | 138 | 217 | 298 | 437 | 488 |
OPM % | 11% | 9% | 8% | 7% | 9% | 10% | 11% | 10% | 8% | 11% | 12% | 14% | 15% |
15 | 16 | 9 | 32 | 6 | 14 | 10 | 11 | 14 | 25 | 54 | 175 | 174 | |
Interest | 3 | 7 | 12 | 17 | 14 | 9 | 7 | 11 | 17 | 15 | 15 | 24 | 25 |
Depreciation | 14 | 18 | 26 | 37 | 44 | 45 | 44 | 51 | 65 | 74 | 74 | 78 | 76 |
Profit before tax | 111 | 93 | 72 | 68 | 75 | 100 | 137 | 144 | 70 | 153 | 263 | 510 | 561 |
Tax % | 32% | 35% | 37% | 30% | 32% | 26% | 30% | 28% | 39% | 33% | 32% | 27% | |
76 | 60 | 46 | 48 | 51 | 74 | 95 | 103 | 43 | 102 | 178 | 371 | 406 | |
EPS in Rs | 2.38 | 1.90 | 1.44 | 1.52 | 1.61 | 2.34 | 3.01 | 3.25 | 1.34 | 3.23 | 5.63 | 11.70 | 12.81 |
Dividend Payout % | 21% | 28% | 35% | 33% | 31% | 21% | 20% | 20% | 61% | 25% | 20% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 14% |
3 Years: | 18% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 24% |
3 Years: | 89% |
TTM: | 48% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 37% |
3 Years: | 48% |
1 Year: | 40% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 16% |
3 Years: | 19% |
Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 382 | 418 | 448 | 478 | 530 | 591 | 673 | 755 | 753 | 838 | 1,001 | 1,339 | 1,430 |
9 | 288 | 337 | 367 | 304 | 251 | 266 | 238 | 448 | 465 | 436 | 577 | 624 | |
214 | 332 | 363 | 296 | 256 | 250 | 298 | 366 | 334 | 430 | 491 | 531 | 532 | |
Total Liabilities | 621 | 1,054 | 1,164 | 1,156 | 1,106 | 1,108 | 1,253 | 1,375 | 1,551 | 1,765 | 1,959 | 2,479 | 2,618 |
109 | 297 | 391 | 454 | 462 | 441 | 440 | 504 | 600 | 572 | 553 | 587 | 585 | |
CWIP | 8 | 76 | 86 | 10 | 2 | 4 | 2 | 6 | 4 | 4 | 7 | 3 | 6 |
Investments | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 14 | 12 | 24 | 31 | 37 | 43 |
490 | 666 | 672 | 677 | 627 | 648 | 795 | 851 | 935 | 1,165 | 1,367 | 1,852 | 1,984 | |
Total Assets | 621 | 1,054 | 1,164 | 1,156 | 1,106 | 1,108 | 1,253 | 1,375 | 1,551 | 1,765 | 1,959 | 2,479 | 2,618 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
49 | -71 | 97 | 78 | 126 | 126 | 47 | 172 | 35 | 240 | 69 | 166 | |
-24 | -259 | -122 | -17 | -16 | -39 | -53 | -107 | -152 | -110 | 2 | -217 | |
-18 | 254 | 20 | -52 | -100 | -77 | -10 | -60 | 91 | -48 | -81 | 60 | |
Net Cash Flow | 8 | -75 | -4 | 10 | 10 | 9 | -17 | 5 | -25 | 82 | -11 | 8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 48 | 73 | 66 | 69 | 66 | 65 | 78 | 72 | 69 | 76 | 68 | 66 |
Inventory Days | 72 | 126 | 118 | 132 | 106 | 109 | 110 | 99 | 128 | 122 | 130 | 143 |
Days Payable | 71 | 95 | 92 | 82 | 79 | 83 | 86 | 87 | 78 | 103 | 86 | 75 |
Cash Conversion Cycle | 50 | 103 | 92 | 119 | 92 | 91 | 102 | 83 | 119 | 95 | 112 | 135 |
Working Capital Days | 45 | 80 | 63 | 73 | 66 | 67 | 76 | 61 | 95 | 86 | 84 | 89 |
ROCE % | 30% | 17% | 11% | 8% | 11% | 13% | 16% | 16% | 8% | 13% | 19% | 24% |
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
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Announcement under Regulation 30 (LODR)-Cessation
15 Mar - Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
Annual reports
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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
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Concalls
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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 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
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]