Elgi Equipments Ltd

Elgi Equipments Ltd

₹ 616 1.28%
16 Jun 9:24 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 19,528 Cr.
  • Current Price 616
  • High / Low 634 / 408
  • Stock P/E 44.3
  • Book Value 70.4
  • Dividend Yield 0.44 %
  • ROCE 23.7 %
  • ROE 21.5 %
  • Face Value 1.00

Pros

  • Company has been maintaining a healthy dividend payout of 20.0%

Cons

  • Stock is trading at 8.64 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

Consolidated Figures in Rs. Crores / View Standalone

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
836 724 806 822 866 801 869 848 993 867 968 1,003 1,113
708 635 663 692 741 687 727 728 843 746 828 860 940
Operating Profit 127 89 143 129 125 114 142 119 150 121 140 144 173
OPM % 15% 12% 18% 16% 14% 14% 16% 14% 15% 14% 14% 14% 16%
128 20 13 13 15 14 16 15 18 23 55 11 22
Interest 5 5 7 8 10 9 8 6 8 7 7 5 6
Depreciation 20 19 19 19 20 19 19 19 20 19 21 21 25
Profit before tax 231 86 130 114 110 100 131 111 140 118 167 129 164
Tax % 26% 29% 30% 27% 31% 27% 28% 27% 27% 27% 27% 26% 22%
170 60 91 84 76 73 95 81 102 86 121 95 128
EPS in Rs 5.37 1.91 2.88 2.65 2.41 2.30 2.99 2.54 3.22 2.70 3.83 3.00 4.04
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1,294 1,401 1,370 1,604 1,863 1,829 1,924 2,525 3,041 3,218 3,510 3,951
1,204 1,274 1,229 1,426 1,669 1,692 1,707 2,227 2,604 2,727 2,982 3,372
Operating Profit 90 127 141 178 194 138 217 298 437 491 529 579
OPM % 7% 9% 10% 11% 10% 8% 11% 12% 14% 15% 15% 15%
32 6 14 10 11 14 25 54 175 60 63 110
Interest 17 14 9 7 11 17 15 15 24 34 34 25
Depreciation 37 44 45 44 51 65 74 74 78 77 76 86
Profit before tax 68 75 100 137 144 70 153 263 510 440 482 577
Tax % 30% 32% 26% 30% 28% 39% 33% 32% 27% 29% 27% 25%
48 51 74 95 103 43 102 178 371 312 350 430
EPS in Rs 1.52 1.61 2.34 3.01 3.25 1.34 3.23 5.63 11.70 9.85 11.05 13.57
Dividend Payout % 33% 31% 21% 20% 20% 61% 25% 20% 17% 20% 20% 20%
Compounded Sales Growth
10 Years: 11%
5 Years: 15%
3 Years: 9%
TTM: 13%
Compounded Profit Growth
10 Years: 24%
5 Years: 34%
3 Years: 16%
TTM: 27%
Stock Price CAGR
10 Years: 22%
5 Years: 24%
3 Years: 4%
1 Year: 15%
Return on Equity
10 Years: 18%
5 Years: 21%
3 Years: 21%
Last Year: 22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 478 530 591 673 755 753 838 1,001 1,339 1,580 1,834 2,200
367 304 251 266 238 448 465 436 577 638 577 533
296 256 250 298 366 334 430 491 531 558 594 780
Total Liabilities 1,156 1,106 1,108 1,253 1,375 1,551 1,765 1,959 2,479 2,807 3,037 3,546
454 462 441 440 504 600 572 553 587 587 592 699
CWIP 10 2 4 2 6 4 4 7 3 10 53 136
Investments 15 15 15 15 14 12 24 31 37 41 81 261
677 627 648 795 851 935 1,165 1,367 1,852 2,170 2,312 2,450
Total Assets 1,156 1,106 1,108 1,253 1,375 1,551 1,765 1,959 2,479 2,807 3,037 3,546

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
78 126 126 47 172 35 240 69 166 285 391 454
-17 -16 -39 -53 -107 -152 -110 2 -217 -101 -283 -98
-52 -100 -77 -10 -60 91 -48 -81 60 -79 -217 -312
Net Cash Flow 10 10 9 -17 5 -25 82 -11 8 105 -109 43
Free Cash Flow 55 103 98 7 120 -6 211 44 109 243 298 348
CFO/OP 106% 119% 102% 49% 114% 57% 124% 49% 65% 92% 100% 104%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 69 66 65 78 72 69 76 68 66 67 63 67
Inventory Days 132 106 109 110 99 128 122 130 143 145 129 134
Days Payable 82 79 83 86 87 78 103 86 75 80 72 87
Cash Conversion Cycle 119 92 91 102 83 119 95 112 135 132 121 114
Working Capital Days 28 34 36 39 38 36 23 36 28 27 30 45
ROCE % 8% 11% 13% 16% 16% 8% 13% 19% 24% 22% 22% 24%

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 ・Standalone data
Net Cash Position
INR Mn
Domestic Market Share (India)
%
R&D Expenditure (Percentage of Turnover)
% ・Standalone data

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