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Elgi Equipments
Mid Cap•2,172 Employees•IPO 1995
Current Price
₹501.65
-18.45 (-3.55%)Updated
Valuation vs Sector
P/E Ratio
40.73vs 21.74
P/B Ratio
8.20vs 5.68
Div Yield
0.43%vs 3.46%
Today's Range
₹494.95
₹516.85
₹501.65
52 Week Range
52W Low₹401.00
52W High₹608.40
₹501.65
Downside25.10%
Upside21.28%
Price Chart
Compare with Peers
Historical Ratios
Track top 12 most important financial ratios
P/E Ratio: Price to Earnings - Most used valuation metric
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Analyzing Investment Quality
Processing 9 key metrics...
Key Metrics
Hover for details
Valuation
Market Cap
₹16,371.52 Cr
Market Cap
Total market value of companyP/E Ratio
40.97
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)P/B Ratio
7.58
P/B Ratio
Price to Book Value. <3 may indicate undervaluationEPS
₹12.31
EPS
Earnings Per Share. Higher and growing is positiveProfitability
ROE
11.54%
ROE
Return on Equity. >15% is good, >20% is excellentROCE
21.90%
ROCE
Return on Capital Employed. >15% is goodNet Margin
10.60%
Net Margin
Net profit as % of revenue. >10% is goodOperating Margin
-%
Operating Margin
Operating profit margin. >15% is goodGrowth
EPS Growth (5Y)
52.48%
EPS Growth (5Y)
5-year EPS growth. >15% is strongRevenue Growth (5Y)
13.92%
Revenue Growth (5Y)
5-year revenue growth. >10% is goodQtr Sales Growth
8.19%
Qtr Sales Growth
Quarter-over-quarter sales growthQtr Profit Growth
17.60%
Qtr Profit Growth
Quarter-over-quarter profit growthFinancial Health
Debt/Equity
0.31
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellentBook Value
₹59.08
Book Value
Net asset value per shareDividend Yield
0.43%
Dividend Yield
Annual dividend as % of price. >2% is goodPromoter Holding
31.20%
Promoter Holding
Promoter stake. >50% shows confidenceGood
Average
Needs Attention
SWOT Analysis
Strengths
4 points- •Elgi Equipments demonstrates robust profitability with a strong Return on Equity (ROE) of 20.10% and Return on Capital Employed (ROCE) of 21.90%, indicating efficient capital utilization and healthy shareholder returns.
- •The company shows consistent operational growth, with quarterly sales increasing by 8.19% and quarterly profits surging by 17.60%, reflecting strong market demand and effective business execution.
Weaknesses
4 points- •The stock has experienced notable volatility, trading between a 52-week high of ₹678 and a low of ₹390, which indicates considerable market risk and sensitivity to broader market sentiment.
- •Elgi Equipments trades at a high Price-to-Earnings (PE) ratio of 44.10, which suggests the stock might be richly valued relative to its current earnings, potentially limiting upside in the short term.
Opportunities
3 points- •The company operates in the 'Compressors Pumps & Diesel Engines' sector, which is poised for growth driven by increasing industrialization and infrastructure development, offering significant market expansion potential.
- •Expanding into new geographical markets or diversifying its product portfolio within the industrial equipment segment could unlock substantial revenue streams and enhance the company's overall market presence.
Threats
4 points- •Intense competition from established players like Cummins India and KSB, some with higher ROCE, could pressure market share and profit margins, impacting Elgi Equipments' competitive positioning.
- •Fluctuations in raw material prices, particularly for metals and components, pose a significant threat, potentially increasing production costs and eroding profit margins if not effectively managed.
Segment-wise Financial Analysis
Financial Results
Balance Sheet
Standalone • Annual • All amounts in ₹ Crores • CA Schedule III Format
No Balance Sheet Data Available
Standalone annual data is not available for this symbol.
Try switching to Consolidated view.
Shareholding Pattern
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Company Insider Trading Activity
No insider trading data available
Corporate Action
Company Announcements
Technical Analysis & Indicators
Standard pivot points - most widely used
Pivot Points (CLASSIC)
| Level | Price | Distance | % Change |
|---|---|---|---|
| R4 | ₹557.82 | +₹56.17 | +11.20% |
| R3 | ₹535.92 | +₹34.27 | +6.83% |
| R2 | ₹526.38 | +₹24.73 | +4.93% |
| R1 | ₹514.02 | +₹12.37 | +2.47% |
| PIVOT | ₹504.48 | 2.83 | 0.56% |
| CURRENT | ₹501.65 | - | - |
| S1 | ₹448.32 | -₹53.33 | -10.63% |
| S2 | ₹470.22 | -₹31.43 | -6.27% |
| S3 | ₹482.58 | -₹19.07 | -3.80% |
| S4 | ₹492.12 | -₹9.53 | -1.90% |
CPR Levels
Support
Resistance
S4
N/A
S3
N/A
S2
N/A
S1
N/A
| CPR |
BC: N/AP: N/ATC: N/A
R1
N/A
R2
N/A
R3
N/A
R4
N/A
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment
is trading CPR, indicating
● CPR Width
CPR is
● Opening Range
Day's range: ~
● Price Position
Trading Inside opening range
Delivery Volume Analysis & Trading Activity
Latest Volume-46.6% vs avg
5.14L
(02 Mar 2026)Delivery %+1.1% vs avg
49.1%
(02 Mar 2026)Avg Volume (20D)20-day average
9.63L
(03 Feb - 02 Mar)Avg Delivery %Trend ↑
48.0%
(03 Feb - 02 Mar)Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.
Peer Comparison & Industry Benchmarking
Quick Compare
Largest by Market Cap
Schaeffler India Ltd
59,147.65 ₹ Cr
Best Profit Growth
MTAR Technologies Ltd
144.00 %
Highest Dividend Yield
Ingersoll-Rand (India) Ltd
2.09 %
Peer Comparison
| Company Name |
|---|
 AIA Engineering Ltd |
 Grindwell Norton Ltd |
 Ingersoll-Rand (India) Ltd |
 Inox India Ltd |
 Jyoti CNC Automation Ltd |
 Kirloskar Brothers Ltd |
 Kirloskar Oil Engines Ltd |
 KSB Ltd |
 MTAR Technologies Ltd |
 Schaeffler India Ltd |
 Tega Industries Ltd |
 Timken India Ltd |
 Vesuvius India Ltd |
About
Elgi Equipments Ltd
Elgi Equipments Limited is a prominent player in the manufacturing and sales of air compressors and associated equipment, operating globally across India, Europe, Australia, the United States, and other international markets. The company's core business revolves around the design, production, and distribution of a diverse range of air compressors catering to various industrial and commercial applications.
Elgi Equipments operates through two main segments: Air Compressors and Automotive Equipments. The Air Compressors segment forms the bulk of its operations, encompassing a wide spectrum of compressor types. This includes oil-lubricated and oil-free screw and piston compressors, rotary and reciprocating models, portable diesel and electric compressors, and specialized units for railway applications and medical use. In addition to the compressors themselves, this segment offers a comprehensive range of supporting products and services, such as heat recovery systems, air accessories, replacement parts (filters, separators, lubricants, service kits), and maintenance services.
Beyond air compressors, Elgi Equipments' Automotive Equipments segment involves the manufacturing and trading of automotive garage equipment. This segment extends to compressed air systems and vacuum pumps designed for medical applications. The company’s business model also incorporates other activities, including the trading of nitrogen systems and altitude training systems, property rental, and the provision of design services. Furthermore, Elgi Equipments manufactures and trades compressors, hydraulic hammers, and rampi cars, demonstrating a diversified approach within related industrial equipment sectors.
Elgi Equipments serves a broad range of industries, including manufacturing, textiles, agriculture, automotive, and construction. The company's extensive product portfolio and global reach establish its position as a significant player in the industrial equipment market. Its long history, dating back to its incorporation in 1960, highlights its enduring presence and success in the competitive landscape.
COMPANY FACTS - ELGIEQUIP
Registered Address
Elgi Industrial Complex,, Trichy Road, Singanallur,
Coimbatore
TAMIL NADU
IN
Tel: 914222589555
Website:https://www.elgi.com/in/
Investor Relations:http://www.elgi.com/in/investors/
Company Details
Group: Capital Goods
Sector: Industrials
Industry: Machinery
Exchange: NATIONAL STOCK EXCHANGE OF INDIA
Employees: 2,172
IPO Date: 14/06/1995
MANAGEMENT - ELGIEQUIP
Mr. Indranil Sen
Chief Financial Officer
Mr. Chris Ringlstetter
President, Europe
Mr. Gaurav Gupta
Chief Information Officer
Mrs. Devika Sathyanarayana
Compliance Officer, Company Secretary
Dr. Jairam Varadaraj
Managing Director, Executive Director
Mr. Anvar Varadaraj
Executive Director
Mr. Venu Madhav
Director - Technology
Mr. Bheemsingh Melchisedec
Director - Operations
Mr. Ramesh Ponnuswami
Executive Director - OSEA
Mr. Praveen Tiwari
Managing Director - ATS Elgi Limited
Sri. Sudarsan Varadaraj
Non-Executive Director
Mrs. Aruna Thangaraj
Non-Executive Independent Director
Investor Questions Answered
Elgi Equipments Ltd (ELGIEQUIP) Stock FAQs
Get answers to the most common questions about Elgi Equipments Ltd stock price, fundamentals, financial metrics, and investment analysis
The current share price of Elgi Equipments Ltd (ELGIEQUIP) is ₹501.65. Today, the stock has declined by ₹18.45 (3.55%), trading in a range of ₹494.95 to ₹516.85. The stock opened at ₹508.05 with a trading volume of 3,08,568 shares.
Elgi Equipments Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹16,371.52 crores, P/E ratio of 40.97, ROE of 11.54%, and ROCE of 21.90%. The dividend yield stands at 0.43%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Elgi Equipments Ltd (ELGIEQUIP) is ₹608.4, while the 52-week low is ₹401. Currently trading at ₹501.65, the stock is 48.5% away from its 52-week low and 17.5% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Elgi Equipments Ltd stock at ₹501.65 depends on multiple factors. The stock is currently trading with a P/E ratio of 40.97 and P/B ratio of N/A. Today's performance shows a loss of 3.55%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Elgi Equipments Ltd offers a dividend yield of 0.43%, which means for every ₹100 invested at the current price of ₹501.65, you can expect to receive approximately ₹0.43 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Elgi Equipments Ltd's key financial metrics include: P/E Ratio: 40.97, P/B Ratio: N/A, ROE: 11.54%, ROCE: 21.90%, Dividend Yield: 0.43%, EPS: ₹12.31, Book Value: ₹59.08, Debt-to-Equity: 0.31, and Current Ratio: N/A. The company's market cap stands at ₹16,371.52 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Elgi Equipments Ltd stock opened at ₹508.05 and is currently trading at ₹501.65, showing a decline of ₹18.45 (3.55%). The intraday high is ₹516.85 and low is ₹494.95. The trading volume stands at 3,08,568 shares, indicating moderate market participation today.
Elgi Equipments Ltd has a Price-to-Earnings (P/E) ratio of 40.97, which means investors are willing to pay ₹40.97 for every ₹1 of earnings. With an EPS of ₹12.31, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
Elgi Equipments Ltd has a market capitalization of ₹16,371.52 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹501.65) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Elgi Equipments Ltd has a book value of ₹59.08 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹501.65, which is 749.1% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Elgi Equipments Ltd has a Return on Equity (ROE) of 11.54% and Return on Capital Employed (ROCE) of 21.90%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These are moderate returns, suggesting decent operational efficiency. Higher percentages generally indicate better financial performance.
Elgi Equipments Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Elgi Equipments Ltd has a debt-to-equity ratio of 0.31, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Elgi Equipments Ltd has an Earnings Per Share (EPS) of ₹12.31, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹501.65 and P/E ratio of 40.97, investors are paying 40.97 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.
Elgi Equipments Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Elgi Equipments Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Elgi Equipments Ltd stock, consider: 1) Fundamental Analysis - Review P/E (40.97), ROE (11.54%), debt-to-equity (0.31), and growth rates. 2) Technical Analysis - Check 52-week range (₹401.00 - ₹608.40), moving averages, and chart patterns. 3) Valuation - Compare current price (₹501.65) with book value (₹59.08) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Elgi Equipments Ltd share is ₹1.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹501.65 is 50065x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Elgi Equipments Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹401.00 - ₹608.40). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.31 indicates leverage. 4) Liquidity Risk - Based on trading volume of 3,08,568 shares. 5) Valuation Risk - P/E of 40.97 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Elgi Equipments Ltd operates in the industry with key metrics: P/E ratio of 40.97, ROE of 11.54%, market cap of ₹16,371.52 crores, and dividend yield of 0.43%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.31), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Elgi Equipments Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹501.65, with a 52-week range of ₹401.00 to ₹608.40. Based on fundamentals like P/E (40.97), ROE (11.54%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Elgi Equipments Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹501.65. 2) Fundamental Deterioration - Declining ROE (currently 11.54%), increasing debt (D/E: 0.31), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Elgi Equipments Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.43%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.
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