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Elgi Equipments Limited

Elgi Equipments Limited

NSE: ELGIEQUIP
Specialty Industrial MachineryIndustrialsMID CAPMCap ₹18.04k Cr
₹572.20₹0.60 (+0.10%)

Market Closed • NSE

Market cap₹18.04k Cr
Enterprise value₹17.67k Cr
P/E TTM40.41
Forward P/E31.27
P/B8.08
EPS TTM₹14.16
Forward EPS₹18.30
ROCE22.10%
D/E0.24
Dividend yield0.00%
Face value₹1.00
52W high₹653.40
52W low₹408.25
Price chart(1Y)
1Y Return:-5.24% (₹31.65)
H: ₹653.4L: ₹561.55
1W-0.78%
1M-3.56%
3M-4.79%
6M+2.29%
1Y+22.86%
Today at a glance

Day range

₹561.55₹578.00

52 week range

₹408.25₹653.40
Volume143.5K0.59x 20D avg
Free float50.00%-40.80% volume

Elgi Equipments Limited closed at INR572.20 (+0.1%) on volume 0.59x its 20-day average, trading 12.43% below its 52-week high.

Technical analysis
RSI (14)39.6Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹17.15Moderate
SMA 20₹594.07BEARISH
SMA 50₹606.17BEARISH
SMA 100₹599.01BEARISH
SMA 200₹551.43BULLISH
CPR bottom₹572.48
Pivot₹572.18
CPR top₹571.89
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -19.5% QoQ

2026-07-17

DIVIDEND Announced

Dividend - Rs 2.70 Per Share

2025-07-18

DIVIDEND Announced

Dividend - Rs 2.20 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹533.1 Cr₹18.04k Cr2.96%≤ 33%PASS
Non-halal income ratio–₹3.95k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹3.38k Cr₹3.55k Cr95.39%≥ 20%PASS
Receivables ratio–₹3.55k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E40.4128.10
Forward P/E31.27—
P/B8.083.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield2.503.60
Growth & profitability
RevenuePAT
FY25PAT margin 10.00%
FY26PAT margin 10.90%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+4.00%
Revenue CAGR 5Y+2.40%
PAT CAGR 3Y+7.10%
PAT CAGR 5Y+4.20%
Operating margin12.29%
Net margin10.80%
Financial health & cash flow
Net debt₹369.6 CrModerate
Interest coverage19.40xEBIT / interest
CFO / PAT1.05x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹453.5 Cr
Capital expenditure–
Free cash flow₹299.1 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall75/100
Valuation50/100
Profitability80/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 22.1%

Low Debt Profile: Debt-to-Equity is comfortable at 0.24x

High Cash Flow Conversion: CFO/PAT averaged 1.05x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Specialty Industrial Machinery.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
31.28%Institutional holding
37.00%Public holding
5Periods available
0.00%Promoter pledged
89.7KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
17 Jul 2026Dividend₹2.70 / share—17 Jul 2026
18 Jul 2025Dividend₹2.20 / share—18 Jul 2025
—Dividend₹2.00 / share—24 Jul 2024
—Dividend₹2.00 / share—28 Jul 2023
—Dividend₹1.15 / share—04 Aug 2022
—Dividend₹0.80 / share—23 Jul 2021
26 Sept 2020Bonus issue1:1 bonus ratio—24 Sept 2020
—Annual General MeetingAnnual General Meeting—06 Aug 2020
19 Mar 2020Dividend₹1.65 / share—18 Mar 2020
—Dividend₹1.30 / share—25 Jul 2019
—Dividend₹1.20 / share—02 Aug 2018
—Dividend₹1.00 / share—20 Jul 2017
—Dividend₹1.00 / share—21 Jul 2016
—Dividend₹1.00 / share—23 Jul 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)48.15%-7.03% latest vs average
Highest delivery65.07%on 08 Oct
Average volume (20D)242.2KTrading-session average
Conviction trendWeakening-7.03% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About Elgi Equipments Limited
Elgi Equipments Limited

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]

IndiaIndustrials

Questions investors ask
Is Elgi Equipments Limited Shariah compliant?

Elgi Equipments Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (2.96%) complies with AAOIFI threshold (≤ 33%).

What is Elgi Equipments Limited's current valuation relative to peers?

Elgi Equipments Limited trades at a P/E of 40.4x compared to the sector median of 28.1x, and a Price-to-Book of 8.1x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.24x. Interest coverage is 19.4x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 2.4% while net profit growth averaged 4.2%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.