
ELGI EQUIPMENTS Latest Share Price (ELGIEQUIP)
TODAY IN ONE LINE
ELGIEQUIP slipped 0.6% on average volume, in line with Nifty's -0.3% move.
With a market cap of ₹19,675.3 Cr., it trades at a P/E of 43.94. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
ELGI EQUIPMENTS flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Earnings GrowthEPS (TTM) grew by a solid 25.4% YoY
- ●High Capital EfficiencyROCE of 18.9% indicating pricing power
- ●Strong Return on EquityHealthy ROE of 19.3%
- ●Healthy Operating MarginsOPM is structurally strong at 15.1%
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.18x
- ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Sales ContractionQuarterly sales dropped 39.3% YoY
Latest ELGI EQUIPMENTS News
What changed recently?
Recent events, corporate actions, and announcements.
ELGI EQUIPMENTS valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for ELGI EQUIPMENTS, framed against the sector median so the premium or discount is obvious at a glance.
ELGI EQUIPMENTS trades at a P/E of 43.94× and P/B of 8.82×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
ELGI EQUIPMENTS technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for ELGI EQUIPMENTS — derived from the latest tape, not yesterday's close.
ELGI EQUIPMENTS last traded at ₹617.7 with an intraday range of ₹610.65–₹627.6 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹617.70| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 660.55 | +42.85 | +6.94% |
| R3 | 643.60 | +25.90 | +4.19% |
| R2 | 635.60 | +17.90 | +2.90% |
| R1 | 626.65 | +8.95 | +1.45% |
| PIVOT | 618.65 | 0.95 | 0.15% |
| CURRENT | 617.70 | — | — |
| S1 | 609.70 | -8.00 | -1.30% |
| S2 | 601.70 | -16.00 | -2.59% |
| S3 | 592.75 | -24.95 | -4.04% |
| S4 | 575.80 | -41.90 | -6.78% |
ELGIEQUIP is trading Below CPR, indicating Bearishness
CPR is Average
Day's range: ₹614.15–₹621.15
Trading Inside opening range
ELGI EQUIPMENTS financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for ELGI EQUIPMENTS — consolidated or standalone — with margins, YoY growth and key ratios inline.
ELGI EQUIPMENTS reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹19,675.3 Cr. and reported EPS of ₹2.85.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 3,510 | 3,951 ▲ 12.5% |
| Sales Growth YoY %Derived | 9.09% | 12.54% |
| Other Income | 58 | 118 ▲ 104.2% |
| Total Income | 3,568 | 4,069 ▲ 14.0% |
| 1,717 | 1,934 ▲ 12.6% | |
| Gross ProfitDerived | 1,793 | 2,017 ▲ 12.5% |
| Gross Margin %Derived | 51.08% | 51.05% |
| 1,268 | 1,438 ▲ 13.4% | |
| EBITDA (Operating Profit)Derived | 525 | 579 ▲ 10.3% |
| OPM %Derived | 14.95% | 14.66% |
| 107 | 96 ▼ 9.7% | |
| Profit Before Tax (PBT) | 476 | 571 ▲ 19.9% |
| 131 | 147 ▲ 12.0% | |
| Effective Tax %Derived | 27.60% | 25.79% |
| Total Profit for Period | 350 | 430 ▲ 22.8% |
| Net Profit (Owner's PAT)Derived | 350 | 430 ▲ 22.8% |
| Net Profit Margin %Derived | 9.98% | 10.89% |
| PAT Growth YoY %Derived | 12.28% | 22.84% |
| Earnings Per Share (EPS ₹) | 11.05 | 13.57 ▲ 22.8% |
| Diluted Shares Outstanding (Cr) | 32 | 32 ▲ 0.0% |
| Share of Profit from Associates/JVs | 6 | 7 ▲ 21.8% |
| Other Comprehensive Income (Net of Tax) | -6 | 20 ▲ 433.9% |
| Total Expenses (incl. D&A & Interest) | 3,092 | 3,498 ▲ 13.1% |
| Material Cost % of RevenueDerived | 36.89% | 36.40% |
| Employee Cost % of RevenueDerived | 19.45% | 19.63% |
| Other Cost % of RevenueDerived | 16.67% | 16.76% |
| Interest Coverage (x)Derived | 14.72x | 19.42x |
| Period | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,622 | 1,863 ▲ 14.9% | 1,829 ▼ 1.8% | 1,924 ▲ 5.2% | 2,525 ▲ 31.2% | 3,041 ▲ 20.4% | 3,218 ▲ 5.8% | 3,510 ▲ 9.1% | 3,951 ▲ 12.5% | |
| Sales Growth YoY %Derived | — | 14.87% | -1.83% | 5.17% | 31.22% | 20.44% | 5.82% | 9.09% | 12.54% | |
| Other Income | 12 | 10 ▼ 21.3% | 13 ▲ 36.9% | 23 ▲ 77.8% | 55 ▲ 134.0% | 67 ▲ 22.3% | 55 ▼ 18.2% | 58 ▲ 4.9% | 118 ▲ 104.2% | |
| Total Income | 1,635 | 1,873 ▲ 14.6% | 1,843 ▼ 1.6% | 1,948 ▲ 5.7% | 2,580 ▲ 32.5% | 3,108 ▲ 20.5% | 3,273 ▲ 5.3% | 3,568 ▲ 9.0% | 4,069 ▲ 14.0% | |
905 | 1,031 ▲ 14.0% | 981 ▼ 4.9% | 1,028 ▲ 4.8% | 1,357 ▲ 32.1% | 1,533 ▲ 13.0% | 1,569 ▲ 2.3% | 1,717 ▲ 9.5% | 1,934 ▲ 12.6% | ||
| Gross ProfitDerived | 717 | 832 ▲ 16.0% | 849 ▲ 2.0% | 896 ▲ 5.6% | 1,168 ▲ 30.3% | 1,507 ▲ 29.1% | 1,649 ▲ 9.4% | 1,793 ▲ 8.7% | 2,017 ▲ 12.5% | |
| Gross Margin %Derived | 44.22% | 44.67% | 46.40% | 46.59% | 46.25% | 49.57% | 51.24% | 51.08% | 51.05% | |
541 | 641 ▲ 18.4% | 713 ▲ 11.3% | 681 ▼ 4.5% | 875 ▲ 28.6% | 1,075 ▲ 22.8% | 1,163 ▲ 8.2% | 1,268 ▲ 9.1% | 1,438 ▲ 13.4% | ||
| EBITDA (Operating Profit)Derived | 176 | 192 ▲ 8.9% | 136 ▼ 29.1% | 216 ▲ 58.7% | 292 ▲ 35.6% | 433 ▲ 48.0% | 486 ▲ 12.3% | 525 ▲ 8.0% | 579 ▲ 10.3% | |
| OPM %Derived | 10.86% | 10.29% | 7.43% | 11.21% | 11.58% | 14.23% | 15.10% | 14.95% | 14.66% | |
48 | 60 ▲ 25.4% | 81 ▲ 34.4% | 88 ▲ 8.7% | 86 ▼ 2.5% | 203 ▲ 137.0% | 106 ▼ 47.8% | 107 ▲ 0.5% | 96 ▼ 9.7% | ||
| Profit Before Tax (PBT) | 135 | 141 ▲ 4.7% | 68 ▼ 51.7% | 151 ▲ 121.5% | 262 ▲ 72.9% | 508 ▲ 94.1% | 435 ▼ 14.4% | 476 ▲ 9.5% | 571 ▲ 19.9% | |
41 | 40 ▼ 2.1% | 27 ▼ 33.2% | 50 ▲ 86.2% | 85 ▲ 68.3% | 140 ▲ 65.0% | 128 ▼ 8.1% | 131 ▲ 2.4% | 147 ▲ 12.0% | ||
| Effective Tax %Derived | 30.60% | 28.62% | 39.51% | 33.21% | 32.33% | 27.48% | 29.49% | 27.60% | 25.79% | |
| Total Profit for Period | 95 | 103 ▲ 8.2% | 43 ▼ 58.7% | 102 ▲ 140.8% | 178 ▲ 74.1% | 371 ▲ 107.8% | 312 ▼ 15.9% | 350 ▲ 12.3% | 430 ▲ 22.8% | |
| Net Profit (Owner's PAT)Derived | 95 | 103 ▲ 8.2% | 43 ▼ 58.7% | 102 ▲ 140.8% | 178 ▲ 74.1% | 371 ▲ 107.8% | 312 ▼ 15.9% | 350 ▲ 12.3% | 430 ▲ 22.8% | |
| Net Profit Margin %Derived | 5.87% | 5.53% | 2.33% | 5.33% | 7.07% | 12.19% | 9.69% | 9.98% | 10.89% | |
| PAT Growth YoY %Derived | — | 8.17% | -58.70% | 140.76% | 74.10% | 107.82% | -15.89% | 12.28% | 22.84% | |
| Earnings Per Share (EPS ₹) | 3.01 | 3.25 ▲ 8.0% | 1.34 ▼ 58.8% | 3.23 ▲ 141.0% | 5.63 ▲ 74.3% | 11.70 ▲ 107.8% | 9.84 ▼ 15.9% | 11.05 ▲ 12.3% | 13.57 ▲ 22.8% | |
| Diluted Shares Outstanding (Cr) | 32 | 32 ▲ 0.0% | 32 ▲ 0.0% | 32 ▲ 0.0% | 32 ▲ 0.0% | 32 ▲ 0.0% | 32 ▲ 0.0% | 32 ▲ 0.0% | 32 ▲ 0.0% | |
| Share of Profit from Associates/JVs | 2 | 2 ▲ 37.0% | 1 ▼ 43.3% | 1 ▲ 14.2% | 1 ▼ 6.9% | 2 ▲ 88.1% | 5 ▲ 109.0% | 6 ▲ 6.2% | 7 ▲ 21.8% | |
| Other Comprehensive Income (Net of Tax) | 6 | 1 ▼ 82.5% | 11 ▲ 979.3% | 3 ▼ 77.0% | 7 ▲ 186.2% | 2 ▼ 71.0% | 8 ▲ 295.3% | -6 ▼ 171.1% | 20 ▲ 433.9% | |
| Total Expenses (incl. D&A & Interest) | 1,500 | 1,732 ▲ 15.5% | 1,774 ▲ 2.5% | 1,796 ▲ 1.2% | 2,318 ▲ 29.0% | 2,600 ▲ 12.2% | 2,838 ▲ 9.1% | 3,092 ▲ 9.0% | 3,498 ▲ 13.1% | |
| Material Cost % of RevenueDerived | 43.42% | 41.97% | 41.39% | 36.67% | 45.56% | 40.36% | 37.53% | 36.89% | 36.40% | |
| Employee Cost % of RevenueDerived | 17.34% | 18.29% | 22.11% | 21.40% | 19.17% | 18.81% | 20.35% | 19.45% | 19.63% | |
| Other Cost % of RevenueDerived | 16.03% | 16.09% | 16.85% | 13.99% | 15.50% | 16.53% | 15.79% | 16.67% | 16.76% | |
| Interest Coverage (x)Derived | 22.05x | 15.65x | 4.54x | 10.48x | 19.61x | 17.96x | 13.95x | 14.72x | 19.42x |
ELGI EQUIPMENTS segment analysis : revenue and profit mix.
Disclosed business segments at ELGI EQUIPMENTS with their share of revenue and profit, switchable between consolidated and standalone reporting.
ELGI EQUIPMENTS discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for ELGI EQUIPMENTS.
Our AI distills the core fundamental drivers supporting ELGI EQUIPMENTS, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
ELGI EQUIPMENTS's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Latest quarterly EPS grew 25.4% YoY, signaling strong earnings momentum despite full-year headwinds
ROE 19.28% and ROCE 18.88% exceed peer averages, demonstrating efficient capital deployment
Debt-to-equity 0.0018x with negative net debt ensures fortress balance sheet and zero refinancing risk
TTM revenue growth 12.1% reflects consistent industrial demand and market execution capability
Operating margin 12.49% supports healthy profitability amid competitive industrial equipment landscape
Key Risks.
P/E ratio 44.55x limits near-term upside; PEG 8.52x signals overvaluation relative to growth
Full-year PAT declined 1.4% YoY despite 12.6% revenue growth, indicating margin compression from cost inflation
Operating cash flow halved YoY from ₹338.5 Cr to ₹180.2 Cr, raising earnings quality concerns
Dividend yield 0.42% offers minimal income for yield-seeking investors seeking regular returns
52-week price range ₹408.25–₹645.40 indicates elevated volatility; stock near high limits upside potential
Flip Conditions.
Valuation risk. a P/E above 57 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Return-quality risk. ROE below 14% would indicate weaker capital compounding.
ELGI EQUIPMENTS peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — ELGI EQUIPMENTS is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
ELGI EQUIPMENTS chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for ELGI EQUIPMENTS — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
ELGI EQUIPMENTS delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for ELGI EQUIPMENTS over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in ELGI EQUIPMENTS stood at 47.5% of traded volume, against a 20-day average of 47.1%.
ELGI EQUIPMENTS announcements: results, concalls, ratings, M&A.
Filings ELGI EQUIPMENTS sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
ELGI EQUIPMENTS files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 164 documents below.
Diversification/Disinvestment
Elgi Equipments Limited has informed the Exchange about Diversification/Disinvestment
Appointment
Elgi Equipments Limited has informed the Exchange regarding Appointment of Mr Vikas Thiruvalluru as Senior Management Personnel of the company w.e.f.…
General Updates
Elgi Equipments Limited has informed the Exchange about General Updates
Copy of Newspaper Publication
Elgi Equipments Limited has informed the Exchange about Copy of Newspaper Publication
Credit Rating
Elgi Equipments Limited has informed the Exchange about Credit Rating
Investor decks & rating reports.
Analysts/Institutional Investor Meet/Con. Call Updates
Analysts/Institutional Investor Meet/Con. Call Updates
Analysts/Institutional Investor Meet/Con. Call Updates
Analysts/Institutional Investor Meet/Con. Call Updates
ELGI EQUIPMENTS dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue ELGI EQUIPMENTS has declared, sequenced by announce and record date.
ELGI EQUIPMENTS corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About ELGI EQUIPMENTS: business, sector, key facts.
What ELGI EQUIPMENTS does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
ELGI EQUIPMENTS operates in the Compressors Pumps & Diesel Engines industry under the Capital Goods sector, listed as NSE: ELGIEQUIP, BSE: 522074.

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.
Related
Peers, sector trends, screeners and strategy playbooks contextual to this stock.
- CUMMINS INDIA (CUMMINSIND) Share PricePeer
- GREAVES COTTON (GREAVESCOT) Share PricePeer
- INGERSOLL-RAND INDIA (INGERRAND) Share PricePeer
- KIRLOSKAR BROTHERS (KIRLOSBROS) Share PricePeer
- KIRLOSKAR OIL ENG (KIRLOSENG) Share PricePeer
- Other overvalued NSE stocksScreener
- Top Gainers TodayScreener
- EMA Crossover ScreenerScreener
- Stock Quality ScorecardScreener
- Technical DashboardScreener
- Results CalendarScreener
- FII Buying ActivityScreener
- All Technical ScreenersScreener
- All Trading StrategiesStrategy
Questions investors ask about ELGI EQUIPMENTS (ELGIEQUIP).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of ELGI EQUIPMENTS (ELGIEQUIP)?
The current share price of ELGI EQUIPMENTS (ELGIEQUIP) is ₹617.70. Today, the stock has declined by ₹3.90 (0.63%), trading in a range of ₹610.65 to ₹627.60. The stock opened at ₹621.15 with a trading volume of 3,35,930 shares.
02Is ELGI EQUIPMENTS stock a good investment for long-term?
ELGI EQUIPMENTS can be considered for long-term investment based on several factors. The company has a market capitalization of ₹19,675.3 Cr., P/E ratio of 43.94, ROE of 19.28%, and ROCE of 18.88%. 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.
03What is the 52-week high and low price of ELGI EQUIPMENTS stock?
The 52-week high price of ELGI EQUIPMENTS (ELGIEQUIP) is ₹653.40, while the 52-week low is ₹408.25. Currently trading at ₹617.70, the stock is 51.3% above its 52-week low and 5.46% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy ELGI EQUIPMENTS stock at the current price?
Whether to buy ELGI EQUIPMENTS stock at ₹617.70 depends on multiple factors. The stock is currently trading with a P/E ratio of 43.94 and P/B ratio of 8.82. Today's performance shows a loss of 0.63%. 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.
05What is the dividend yield of ELGI EQUIPMENTS and when is the next dividend?
ELGI EQUIPMENTS offers a dividend yield of 0.43%, which means for every ₹100 invested at the current price of ₹617.70, 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.
06What are the key financial ratios and metrics of ELGI EQUIPMENTS?
ELGI EQUIPMENTS's key financial metrics include: P/E Ratio: 43.94, P/B Ratio: 8.82, ROE: 19.28%, ROCE: 18.88%, Dividend Yield: 0.43%, EPS: ₹2.85, Book Value: ₹70.43, and Debt-to-Equity: 0.18. The company's market cap stands at ₹19,675.3 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is ELGI EQUIPMENTS stock performing today in the market?
ELGI EQUIPMENTS stock opened at ₹621.15 and is currently trading at ₹617.70, showing a decline of ₹3.90 (0.63%). The intraday high is ₹627.60 and low is ₹610.65. The trading volume stands at 3,35,930 shares, indicating moderate market participation today.
08What is the P/E ratio of ELGI EQUIPMENTS and what does it indicate?
ELGI EQUIPMENTS has a Price-to-Earnings (P/E) ratio of 43.94, which means investors are willing to pay 43.94 for every ₹1 of earnings. With an EPS of ₹2.85, 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.
The data, ratios and commentary about ELGI EQUIPMENTS (ELGIEQUIP) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.