Elgi Equipments Limited share price

NSE: ELGIEQUIP · ISIN INE285A01027

Key numbers

Market cap
₹ 19,009 Cr
Current price
₹ 603.00
52-week high / low
₹ 653 / 408
Stock P/E
42.5
Book value
₹ 70.8
Dividend yield
0.45%
ROCE
23.1%
ROE
21.0%
Debt to equity
0.24
Sales growth (3 yrs)
9.1%
Profit growth (3 yrs)
5.1%
1-year return
20.4%

About Elgi Equipments Limited

Elgi Equipments Limited manufactures and sells air compressors and related parts in India, Europe, Australia, the United States, and internationally. It operates through two segments, Air Compressors and Automotive Equipments. The company offers oil lubricated screw and piston air compressors, oil free piston and screw air compressors, rotary and reciprocating air compressors, diesel and electric portable air compressors, railway air compressors, heat recovery systems, and medical air compressors and vacuum pumps, as well as air accessories; air compressor parts, filters and separators, lubricants and fluids, and service kits, and other accessories; and air compressor service. It is also involved in the trading of air compressors, nitrogen systems, and altitude training systems; manufacture and trading of automotive garage equipment, compressed air systems, and vacuum pumps for medical applications; renting of property; and provision of design services. In addition, the company manufactures and trades compressors, hydraulic hammers, and rampi cars. The company serves manufacturing, textile, agriculture, automotive, and construction industries. Elgi Equipments Limited was…

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8679681,0031,1131,062
Operating profit121140144174155
Net profit8612195128103
EPS (₹)2.713.853.014.063.28

Concall summary (2026-08-20)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • There has been a marginal correction in price, which we, like I said , anticipated about 3% increase in raw material prices.
  • We had given a guidance that we will go to 18% by 2031.

Growth & demand

  • We grew by about 23% and after that 7% was exchange related.
  • Europe, we grew by 21% and Australia, 7%, I mean, sorry 17%.

Margins & costs

  • We had a contribution - negative primarily because of raw material cost increases, tariffs, and product mix.
  • We started off the year thinking that there will be a 3% to 4% increase in material cost, cost by commodity, metal commodity prices, but in reality it was 5%.

Capex & expansion

  • The same thing with other expenses, there's a 12% increase primarily because we have gone and taken on some rental premises for our motor plant, as well as, you know, what we sold, the facilities that we sold in the US, we have moved into rental facilities.
  • Our CAPEX, one is our MK2, which is our program for shifting our campus to the new campus from our city factory.

Balance sheet & cash

  • Net cash position in the company continues to be very strong.
  • Some part of it, clearly operating leverage, which is linked again to new products because they contribute to giving us the top line, right, by market share or growth into new markets.

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