Share Price and Basic Stock Data
Last Updated: November 6, 2025, 8:38 pm
| PEG Ratio | 2.77 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Elgi Equipments Ltd, a prominent player in the compressor manufacturing industry, reported a market capitalization of ₹15,747 Cr and a current share price of ₹497. The company’s revenue from operations stood at ₹3,041 Cr for FY 2023, reflecting a robust growth trajectory from ₹2,525 Cr in FY 2022. The upward trend continued into FY 2024 with revenue increasing to ₹3,218 Cr, showcasing a year-on-year growth of approximately 5.8%. In the latest quarter ending June 2024, Elgi recorded sales of ₹801 Cr. This reflects a quarter-on-quarter dip from ₹866 Cr in March 2024, but a year-on-year increase from ₹724 Cr reported in June 2023. The sales figures indicate seasonal fluctuations typical in the industry, but the overall revenue growth aligns with the company’s strategic expansion in domestic and international markets, particularly in emerging economies.
Profitability and Efficiency Metrics
Elgi Equipments demonstrated solid profitability metrics, with a net profit of ₹371 Cr for FY 2023, compared to ₹178 Cr in FY 2022, marking a substantial increase. The company achieved an impressive operating profit margin (OPM) of 14% in FY 2023, slightly improving from 12% in FY 2022. The operating profit for the same fiscal year was ₹437 Cr, which further rose to ₹491 Cr in FY 2024. The return on equity (ROE) stood at 20.1%, while the return on capital employed (ROCE) was recorded at 21.9%, both indicating efficient utilization of capital. Elgi also maintained a healthy interest coverage ratio (ICR) of 19.10x, suggesting a strong ability to meet interest obligations. However, the company’s cash conversion cycle (CCC) of 121 days indicates room for improvement in managing working capital.
Balance Sheet Strength and Financial Ratios
Elgi Equipments reported total assets of ₹3,037 Cr as of March 2025, with total liabilities at ₹3,037 Cr, reflecting a balanced financial structure. The company’s reserves were reported at ₹1,834 Cr, while borrowings stood at ₹577 Cr, resulting in a low total debt-to-equity ratio of 0.26, indicating sound leverage management. The price-to-book value (P/BV) ratio was recorded at 8.21x, suggesting that the stock is trading at a premium relative to its book value, which stood at ₹58.85 per share. Elgi’s current ratio of 2.10x indicates strong liquidity, well above the typical industry benchmark of 1.5x. This suggests that the company has adequate short-term assets to cover its liabilities, further enhancing its financial stability.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Elgi Equipments reflects a diversified investor base, with promoters holding 31.19% of the equity, while foreign institutional investors (FIIs) accounted for 27.62% and domestic institutional investors (DIIs) held 5.23%. The public shareholding stood at 35.58%, indicating a robust level of retail investor participation. Notably, the number of shareholders increased significantly from 52,382 in September 2022 to 76,951 by June 2025, suggesting growing investor confidence in the company’s future prospects. The stable shareholding by promoters, alongside the high institutional interest, indicates a positive outlook among investors, reinforcing the company’s reputation in the market. However, the recent decline in FII holding from 28.99% in September 2022 to 27.62% in June 2025 could reflect broader market trends affecting foreign capital flows.
Outlook, Risks, and Final Insight
Looking ahead, Elgi Equipments is well-positioned to capitalize on its growth trajectory, driven by expanding demand for compressed air solutions globally. The company’s strong operational performance, as evidenced by rising revenues and profitability metrics, supports a favorable outlook. However, potential risks include fluctuations in raw material prices and supply chain disruptions, which could impact margins. Additionally, increasing competition in the compressor market may exert pricing pressures. Nonetheless, Elgi’s robust financial position, characterized by low debt levels and strong liquidity, provides a buffer against these risks. The company’s focus on innovation and sustainability initiatives can further enhance its competitive edge. Overall, Elgi Equipments appears poised for continued growth, provided it navigates the challenges of the evolving market landscape effectively.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Elgi Equipments Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Ingersoll-Rand (India) Ltd | 11,853 Cr. | 3,758 | 4,700/3,055 | 44.8 | 193 | 2.13 % | 60.0 % | 45.0 % | 10.0 |
| Elgi Equipments Ltd | 15,332 Cr. | 483 | 675/390 | 42.2 | 58.9 | 0.46 % | 21.9 % | 20.1 % | 1.00 |
| Industry Average | 13,592.50 Cr | 2,120.50 | 43.50 | 125.95 | 1.30% | 40.95% | 32.55% | 5.50 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 694 | 739 | 772 | 836 | 724 | 806 | 822 | 866 | 801 | 869 | 848 | 993 | 867 |
| Expenses | 616 | 626 | 659 | 708 | 635 | 663 | 692 | 741 | 687 | 727 | 728 | 843 | 746 |
| Operating Profit | 78 | 113 | 113 | 127 | 89 | 143 | 129 | 125 | 114 | 142 | 119 | 150 | 121 |
| OPM % | 11% | 15% | 15% | 15% | 12% | 18% | 16% | 14% | 14% | 16% | 14% | 15% | 14% |
| Other Income | 14 | 16 | 18 | 128 | 20 | 13 | 13 | 15 | 14 | 16 | 15 | 18 | 23 |
| Interest | 3 | 5 | 6 | 5 | 5 | 7 | 8 | 10 | 9 | 8 | 6 | 8 | 7 |
| Depreciation | 19 | 20 | 20 | 20 | 19 | 19 | 19 | 20 | 19 | 19 | 19 | 20 | 19 |
| Profit before tax | 70 | 104 | 105 | 231 | 86 | 130 | 114 | 110 | 100 | 131 | 111 | 140 | 118 |
| Tax % | 31% | 31% | 24% | 26% | 29% | 30% | 27% | 31% | 27% | 28% | 27% | 27% | 27% |
| Net Profit | 49 | 72 | 80 | 170 | 60 | 91 | 84 | 76 | 73 | 95 | 81 | 102 | 86 |
| EPS in Rs | 1.54 | 2.27 | 2.53 | 5.37 | 1.91 | 2.88 | 2.65 | 2.41 | 2.30 | 2.99 | 2.54 | 3.22 | 2.70 |
Last Updated: August 20, 2025, 11:15 am
Below is a detailed analysis of the quarterly data for Elgi Equipments Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 867.00 Cr.. The value appears to be declining and may need further review. It has decreased from 993.00 Cr. (Mar 2025) to 867.00 Cr., marking a decrease of 126.00 Cr..
- For Expenses, as of Jun 2025, the value is 746.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 843.00 Cr. (Mar 2025) to 746.00 Cr., marking a decrease of 97.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 121.00 Cr.. The value appears to be declining and may need further review. It has decreased from 150.00 Cr. (Mar 2025) to 121.00 Cr., marking a decrease of 29.00 Cr..
- For OPM %, as of Jun 2025, the value is 14.00%. The value appears to be declining and may need further review. It has decreased from 15.00% (Mar 2025) to 14.00%, marking a decrease of 1.00%.
- For Other Income, as of Jun 2025, the value is 23.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Mar 2025) to 23.00 Cr., marking an increase of 5.00 Cr..
- For Interest, as of Jun 2025, the value is 7.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 8.00 Cr. (Mar 2025) to 7.00 Cr., marking a decrease of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 19.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 20.00 Cr. (Mar 2025) to 19.00 Cr., marking a decrease of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 118.00 Cr.. The value appears to be declining and may need further review. It has decreased from 140.00 Cr. (Mar 2025) to 118.00 Cr., marking a decrease of 22.00 Cr..
- For Tax %, as of Jun 2025, the value is 27.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 27.00%.
- For Net Profit, as of Jun 2025, the value is 86.00 Cr.. The value appears to be declining and may need further review. It has decreased from 102.00 Cr. (Mar 2025) to 86.00 Cr., marking a decrease of 16.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 2.70. The value appears to be declining and may need further review. It has decreased from 3.22 (Mar 2025) to 2.70, marking a decrease of 0.52.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:24 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,350 | 1,294 | 1,401 | 1,370 | 1,604 | 1,863 | 1,829 | 1,924 | 2,525 | 3,041 | 3,218 | 3,510 | 3,576 |
| Expenses | 1,249 | 1,204 | 1,274 | 1,229 | 1,426 | 1,669 | 1,692 | 1,707 | 2,227 | 2,604 | 2,727 | 2,982 | 3,044 |
| Operating Profit | 101 | 90 | 127 | 141 | 178 | 194 | 138 | 217 | 298 | 437 | 491 | 529 | 532 |
| OPM % | 8% | 7% | 9% | 10% | 11% | 10% | 8% | 11% | 12% | 14% | 15% | 15% | 15% |
| Other Income | 9 | 32 | 6 | 14 | 10 | 11 | 14 | 25 | 54 | 175 | 60 | 63 | 72 |
| Interest | 12 | 17 | 14 | 9 | 7 | 11 | 17 | 15 | 15 | 24 | 34 | 34 | 29 |
| Depreciation | 26 | 37 | 44 | 45 | 44 | 51 | 65 | 74 | 74 | 78 | 77 | 76 | 76 |
| Profit before tax | 72 | 68 | 75 | 100 | 137 | 144 | 70 | 153 | 263 | 510 | 440 | 482 | 499 |
| Tax % | 37% | 30% | 32% | 26% | 30% | 28% | 39% | 33% | 32% | 27% | 29% | 27% | |
| Net Profit | 46 | 48 | 51 | 74 | 95 | 103 | 43 | 102 | 178 | 371 | 312 | 350 | 363 |
| EPS in Rs | 1.44 | 1.52 | 1.61 | 2.34 | 3.01 | 3.25 | 1.34 | 3.23 | 5.63 | 11.70 | 9.85 | 11.05 | 11.45 |
| Dividend Payout % | 35% | 33% | 31% | 21% | 20% | 20% | 61% | 25% | 20% | 17% | 20% | 20% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 4.35% | 6.25% | 45.10% | 28.38% | 8.42% | -58.25% | 137.21% | 74.51% | 108.43% | -15.90% | 12.18% |
| Change in YoY Net Profit Growth (%) | 0.00% | 1.90% | 38.85% | -16.72% | -19.96% | -66.67% | 195.46% | -62.70% | 33.92% | -124.33% | 28.08% |
Elgi Equipments Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 14% |
| 3 Years: | 12% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 52% |
| 3 Years: | 27% |
| TTM: | 12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 35% |
| 3 Years: | -4% |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 20% |
| 3 Years: | 21% |
| Last Year: | 20% |
Last Updated: September 5, 2025, 3:25 am
Balance Sheet
Last Updated: July 25, 2025, 3:18 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 32 | 32 | 32 | 32 | 32 |
| Reserves | 448 | 478 | 530 | 591 | 673 | 755 | 753 | 838 | 1,001 | 1,339 | 1,580 | 1,834 |
| Borrowings | 337 | 367 | 304 | 251 | 266 | 238 | 448 | 465 | 436 | 577 | 638 | 577 |
| Other Liabilities | 363 | 296 | 256 | 250 | 298 | 366 | 334 | 430 | 491 | 531 | 558 | 594 |
| Total Liabilities | 1,164 | 1,156 | 1,106 | 1,108 | 1,253 | 1,375 | 1,551 | 1,765 | 1,959 | 2,479 | 2,807 | 3,037 |
| Fixed Assets | 391 | 454 | 462 | 441 | 440 | 504 | 600 | 572 | 553 | 587 | 587 | 592 |
| CWIP | 86 | 10 | 2 | 4 | 2 | 6 | 4 | 4 | 7 | 3 | 10 | 53 |
| Investments | 15 | 15 | 15 | 15 | 15 | 14 | 12 | 24 | 31 | 37 | 41 | 81 |
| Other Assets | 672 | 677 | 627 | 648 | 795 | 851 | 935 | 1,165 | 1,367 | 1,852 | 2,170 | 2,312 |
| Total Assets | 1,164 | 1,156 | 1,106 | 1,108 | 1,253 | 1,375 | 1,551 | 1,765 | 1,959 | 2,479 | 2,807 | 3,037 |
Below is a detailed analysis of the balance sheet data for Elgi Equipments Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 32.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 32.00 Cr..
- For Reserves, as of Mar 2025, the value is 1,834.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,580.00 Cr. (Mar 2024) to 1,834.00 Cr., marking an increase of 254.00 Cr..
- For Borrowings, as of Mar 2025, the value is 577.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 638.00 Cr. (Mar 2024) to 577.00 Cr., marking a decrease of 61.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 594.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 558.00 Cr. (Mar 2024) to 594.00 Cr., marking an increase of 36.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 3,037.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,807.00 Cr. (Mar 2024) to 3,037.00 Cr., marking an increase of 230.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 592.00 Cr.. The value appears strong and on an upward trend. It has increased from 587.00 Cr. (Mar 2024) to 592.00 Cr., marking an increase of 5.00 Cr..
- For CWIP, as of Mar 2025, the value is 53.00 Cr.. The value appears strong and on an upward trend. It has increased from 10.00 Cr. (Mar 2024) to 53.00 Cr., marking an increase of 43.00 Cr..
- For Investments, as of Mar 2025, the value is 81.00 Cr.. The value appears strong and on an upward trend. It has increased from 41.00 Cr. (Mar 2024) to 81.00 Cr., marking an increase of 40.00 Cr..
- For Other Assets, as of Mar 2025, the value is 2,312.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,170.00 Cr. (Mar 2024) to 2,312.00 Cr., marking an increase of 142.00 Cr..
- For Total Assets, as of Mar 2025, the value is 3,037.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,807.00 Cr. (Mar 2024) to 3,037.00 Cr., marking an increase of 230.00 Cr..
Notably, the Reserves (1,834.00 Cr.) exceed the Borrowings (577.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -236.00 | -277.00 | -177.00 | -110.00 | -88.00 | -44.00 | -310.00 | -248.00 | -138.00 | -140.00 | -147.00 | -48.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 69 | 66 | 65 | 78 | 72 | 69 | 76 | 68 | 66 | 67 | 63 |
| Inventory Days | 118 | 132 | 106 | 109 | 110 | 99 | 128 | 122 | 130 | 143 | 145 | 129 |
| Days Payable | 92 | 82 | 79 | 83 | 86 | 87 | 78 | 103 | 86 | 75 | 80 | 72 |
| Cash Conversion Cycle | 92 | 119 | 92 | 91 | 102 | 83 | 119 | 95 | 112 | 135 | 132 | 121 |
| Working Capital Days | 30 | 28 | 34 | 36 | 39 | 38 | 36 | 23 | 36 | 28 | 27 | 30 |
| ROCE % | 11% | 8% | 11% | 13% | 16% | 16% | 8% | 13% | 19% | 24% | 22% | 22% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Small Cap Fund | 10,000,000 | 2.39 | 505.35 | 10,000,000 | 2025-04-22 14:12:25 | 0% |
| LIC MF Flexi Cap Fund | 205,447 | 1.23 | 10.38 | 205,447 | 2025-04-22 15:56:58 | 0% |
| Nippon India Nifty Smallcap 250 Index Fund | 130,248 | 0.91 | 6.58 | 130,248 | 2025-04-22 15:56:58 | 0% |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 81,775 | 0.91 | 4.13 | 81,775 | 2025-04-22 15:56:58 | 0% |
| LIC MF Small Cap Fund | 70,866 | 2.12 | 3.58 | 70,866 | 2025-04-22 15:56:58 | 0% |
| SBI Nifty Smallcap 250 Index Fund | 60,016 | 0.91 | 3.03 | 60,016 | 2025-04-22 15:56:58 | 0% |
| Motilal Oswal Nifty 500 Index Fund | 8,936 | 0.08 | 0.45 | 8,936 | 2025-04-22 15:56:58 | 0% |
| Edelweiss Nifty Smallcap 250 Index Fund | 2,761 | 0.91 | 0.14 | 2,761 | 2025-04-22 15:56:58 | 0% |
| Groww Nifty Total Market Index Fund | 488 | 0.08 | 0.02 | 488 | 2025-04-22 15:56:58 | 0% |
| Motilal Oswal Nifty 500 ETF | 391 | 0.08 | 0.02 | 391 | 2025-04-22 15:56:58 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 11.09 | 9.86 | 11.72 | 5.64 | 3.24 |
| Diluted EPS (Rs.) | 11.08 | 9.86 | 11.71 | 5.64 | 3.24 |
| Cash EPS (Rs.) | 13.27 | 12.10 | 14.07 | 7.94 | 5.53 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 58.85 | 50.84 | 43.27 | 32.58 | 27.45 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 58.85 | 50.84 | 43.27 | 32.58 | 27.45 |
| Revenue From Operations / Share (Rs.) | 110.74 | 101.54 | 95.95 | 79.67 | 60.71 |
| PBDIT / Share (Rs.) | 18.38 | 17.07 | 15.78 | 10.96 | 7.55 |
| PBIT / Share (Rs.) | 15.98 | 14.65 | 13.32 | 8.61 | 5.20 |
| PBT / Share (Rs.) | 15.02 | 13.73 | 16.03 | 8.26 | 4.78 |
| Net Profit / Share (Rs.) | 10.87 | 9.68 | 11.62 | 5.59 | 3.19 |
| NP After MI And SOA / Share (Rs.) | 11.05 | 9.84 | 11.70 | 5.63 | 3.23 |
| PBDIT Margin (%) | 16.59 | 16.81 | 16.44 | 13.75 | 12.42 |
| PBIT Margin (%) | 14.43 | 14.43 | 13.88 | 10.80 | 8.56 |
| PBT Margin (%) | 13.56 | 13.51 | 16.70 | 10.36 | 7.86 |
| Net Profit Margin (%) | 9.81 | 9.53 | 12.11 | 7.01 | 5.25 |
| NP After MI And SOA Margin (%) | 9.97 | 9.69 | 12.19 | 7.06 | 5.32 |
| Return on Networth / Equity (%) | 18.77 | 19.35 | 27.04 | 17.28 | 11.78 |
| Return on Capital Employeed (%) | 25.85 | 27.04 | 28.52 | 23.54 | 16.18 |
| Return On Assets (%) | 11.51 | 11.05 | 14.82 | 9.08 | 5.80 |
| Long Term Debt / Equity (X) | 0.00 | 0.01 | 0.01 | 0.05 | 0.09 |
| Total Debt / Equity (X) | 0.26 | 0.34 | 0.37 | 0.35 | 0.42 |
| Asset Turnover Ratio (%) | 1.20 | 1.21 | 0.99 | 1.05 | 0.80 |
| Current Ratio (X) | 2.10 | 1.92 | 1.79 | 1.65 | 1.51 |
| Quick Ratio (X) | 1.54 | 1.36 | 1.20 | 1.06 | 1.06 |
| Inventory Turnover Ratio (X) | 5.70 | 1.97 | 2.52 | 3.28 | 2.21 |
| Dividend Payout Ratio (NP) (%) | 18.04 | 20.28 | 9.80 | 14.17 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 14.82 | 16.28 | 8.10 | 10.00 | 0.00 |
| Earning Retention Ratio (%) | 81.96 | 79.72 | 90.20 | 85.83 | 0.00 |
| Cash Earning Retention Ratio (%) | 85.18 | 83.72 | 91.90 | 90.00 | 0.00 |
| Interest Coverage Ratio (X) | 19.10 | 18.44 | 25.29 | 31.26 | 17.74 |
| Interest Coverage Ratio (Post Tax) (X) | 12.30 | 11.45 | 14.30 | 16.94 | 8.50 |
| Enterprise Value (Cr.) | 14924.23 | 18846.52 | 13869.85 | 8952.37 | 6135.10 |
| EV / Net Operating Revenue (X) | 4.25 | 5.86 | 4.56 | 3.55 | 3.19 |
| EV / EBITDA (X) | 25.62 | 34.84 | 27.74 | 25.78 | 25.65 |
| MarketCap / Net Operating Revenue (X) | 4.36 | 5.92 | 4.58 | 3.51 | 3.13 |
| Retention Ratios (%) | 81.95 | 79.71 | 90.19 | 85.82 | 0.00 |
| Price / BV (X) | 8.21 | 11.83 | 10.16 | 8.58 | 6.93 |
| Price / Net Operating Revenue (X) | 4.36 | 5.92 | 4.58 | 3.51 | 3.13 |
| EarningsYield | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 |
After reviewing the key financial ratios for Elgi Equipments Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 11.09. This value is within the healthy range. It has increased from 9.86 (Mar 24) to 11.09, marking an increase of 1.23.
- For Diluted EPS (Rs.), as of Mar 25, the value is 11.08. This value is within the healthy range. It has increased from 9.86 (Mar 24) to 11.08, marking an increase of 1.22.
- For Cash EPS (Rs.), as of Mar 25, the value is 13.27. This value is within the healthy range. It has increased from 12.10 (Mar 24) to 13.27, marking an increase of 1.17.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 58.85. It has increased from 50.84 (Mar 24) to 58.85, marking an increase of 8.01.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 58.85. It has increased from 50.84 (Mar 24) to 58.85, marking an increase of 8.01.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 110.74. It has increased from 101.54 (Mar 24) to 110.74, marking an increase of 9.20.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 18.38. This value is within the healthy range. It has increased from 17.07 (Mar 24) to 18.38, marking an increase of 1.31.
- For PBIT / Share (Rs.), as of Mar 25, the value is 15.98. This value is within the healthy range. It has increased from 14.65 (Mar 24) to 15.98, marking an increase of 1.33.
- For PBT / Share (Rs.), as of Mar 25, the value is 15.02. This value is within the healthy range. It has increased from 13.73 (Mar 24) to 15.02, marking an increase of 1.29.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 10.87. This value is within the healthy range. It has increased from 9.68 (Mar 24) to 10.87, marking an increase of 1.19.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 11.05. This value is within the healthy range. It has increased from 9.84 (Mar 24) to 11.05, marking an increase of 1.21.
- For PBDIT Margin (%), as of Mar 25, the value is 16.59. This value is within the healthy range. It has decreased from 16.81 (Mar 24) to 16.59, marking a decrease of 0.22.
- For PBIT Margin (%), as of Mar 25, the value is 14.43. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 14.43.
- For PBT Margin (%), as of Mar 25, the value is 13.56. This value is within the healthy range. It has increased from 13.51 (Mar 24) to 13.56, marking an increase of 0.05.
- For Net Profit Margin (%), as of Mar 25, the value is 9.81. This value is within the healthy range. It has increased from 9.53 (Mar 24) to 9.81, marking an increase of 0.28.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 9.97. This value is within the healthy range. It has increased from 9.69 (Mar 24) to 9.97, marking an increase of 0.28.
- For Return on Networth / Equity (%), as of Mar 25, the value is 18.77. This value is within the healthy range. It has decreased from 19.35 (Mar 24) to 18.77, marking a decrease of 0.58.
- For Return on Capital Employeed (%), as of Mar 25, the value is 25.85. This value is within the healthy range. It has decreased from 27.04 (Mar 24) to 25.85, marking a decrease of 1.19.
- For Return On Assets (%), as of Mar 25, the value is 11.51. This value is within the healthy range. It has increased from 11.05 (Mar 24) to 11.51, marking an increase of 0.46.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.01 (Mar 24) to 0.00, marking a decrease of 0.01.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.26. This value is within the healthy range. It has decreased from 0.34 (Mar 24) to 0.26, marking a decrease of 0.08.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.20. It has decreased from 1.21 (Mar 24) to 1.20, marking a decrease of 0.01.
- For Current Ratio (X), as of Mar 25, the value is 2.10. This value is within the healthy range. It has increased from 1.92 (Mar 24) to 2.10, marking an increase of 0.18.
- For Quick Ratio (X), as of Mar 25, the value is 1.54. This value is within the healthy range. It has increased from 1.36 (Mar 24) to 1.54, marking an increase of 0.18.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 5.70. This value is within the healthy range. It has increased from 1.97 (Mar 24) to 5.70, marking an increase of 3.73.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 18.04. This value is below the healthy minimum of 20. It has decreased from 20.28 (Mar 24) to 18.04, marking a decrease of 2.24.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 14.82. This value is below the healthy minimum of 20. It has decreased from 16.28 (Mar 24) to 14.82, marking a decrease of 1.46.
- For Earning Retention Ratio (%), as of Mar 25, the value is 81.96. This value exceeds the healthy maximum of 70. It has increased from 79.72 (Mar 24) to 81.96, marking an increase of 2.24.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 85.18. This value exceeds the healthy maximum of 70. It has increased from 83.72 (Mar 24) to 85.18, marking an increase of 1.46.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 19.10. This value is within the healthy range. It has increased from 18.44 (Mar 24) to 19.10, marking an increase of 0.66.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 12.30. This value is within the healthy range. It has increased from 11.45 (Mar 24) to 12.30, marking an increase of 0.85.
- For Enterprise Value (Cr.), as of Mar 25, the value is 14,924.23. It has decreased from 18,846.52 (Mar 24) to 14,924.23, marking a decrease of 3,922.29.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.25. This value exceeds the healthy maximum of 3. It has decreased from 5.86 (Mar 24) to 4.25, marking a decrease of 1.61.
- For EV / EBITDA (X), as of Mar 25, the value is 25.62. This value exceeds the healthy maximum of 15. It has decreased from 34.84 (Mar 24) to 25.62, marking a decrease of 9.22.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.36. This value exceeds the healthy maximum of 3. It has decreased from 5.92 (Mar 24) to 4.36, marking a decrease of 1.56.
- For Retention Ratios (%), as of Mar 25, the value is 81.95. This value exceeds the healthy maximum of 70. It has increased from 79.71 (Mar 24) to 81.95, marking an increase of 2.24.
- For Price / BV (X), as of Mar 25, the value is 8.21. This value exceeds the healthy maximum of 3. It has decreased from 11.83 (Mar 24) to 8.21, marking a decrease of 3.62.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.36. This value exceeds the healthy maximum of 3. It has decreased from 5.92 (Mar 24) to 4.36, marking a decrease of 1.56.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.02, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Elgi Equipments Ltd:
- Net Profit Margin: 9.81%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 25.85% (Industry Average ROCE: 40.95%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 18.77% (Industry Average ROE: 32.55%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 12.3
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.54
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 42.2 (Industry average Stock P/E: 43.5)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.26
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 9.81%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Compressors | Elgi Industrial Complex III, Trichy Road, Coimbatore Tamil Nadu 641005 | investor@elgi.com http://www.elgi.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Jairam Varadaraj | Managing Director |
| Mr. Sudarsan Varadaraj | Non Executive Director |
| Ms. Aruna Thangaraj | Non Executive Director |
| Mr. Srinivasan Krishnamurthi | Non Executive Director |
| Mr. Srinivasan Ravindran | Non Executive Director |
| Mr. Suman Kumar Das | Non Executive Director |
FAQ
What is the intrinsic value of Elgi Equipments Ltd?
Elgi Equipments Ltd's intrinsic value (as of 06 November 2025) is 401.52 which is 16.87% lower the current market price of 483.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 15,332 Cr. market cap, FY2025-2026 high/low of 675/390, reserves of ₹1,834 Cr, and liabilities of 3,037 Cr.
What is the Market Cap of Elgi Equipments Ltd?
The Market Cap of Elgi Equipments Ltd is 15,332 Cr..
What is the current Stock Price of Elgi Equipments Ltd as on 06 November 2025?
The current stock price of Elgi Equipments Ltd as on 06 November 2025 is 483.
What is the High / Low of Elgi Equipments Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Elgi Equipments Ltd stocks is 675/390.
What is the Stock P/E of Elgi Equipments Ltd?
The Stock P/E of Elgi Equipments Ltd is 42.2.
What is the Book Value of Elgi Equipments Ltd?
The Book Value of Elgi Equipments Ltd is 58.9.
What is the Dividend Yield of Elgi Equipments Ltd?
The Dividend Yield of Elgi Equipments Ltd is 0.46 %.
What is the ROCE of Elgi Equipments Ltd?
The ROCE of Elgi Equipments Ltd is 21.9 %.
What is the ROE of Elgi Equipments Ltd?
The ROE of Elgi Equipments Ltd is 20.1 %.
What is the Face Value of Elgi Equipments Ltd?
The Face Value of Elgi Equipments Ltd is 1.00.