Elgi Equipments

In-House Production And Global Expansion Will Drive Efficiency

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

21 Feb 25

Updated

07 Dec 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-19.1%

7D

-2.6%

Loading

1Y

-19.1%

7D

-2.6%

You can edit this narrative until Dec 8 7:05 AM. Then, changes will post as Updates.

Author's Valuation

₹535.338.9% undervalued

AnalystConsensusTarget Fair Value

Shared on 07 Dec 25

ELGIEQUIP: Upcoming Results And Energy-Saving Launch Will Shape Fairly Valued Outlook

Analysts have nudged their price target for Elgi Equipments higher to ₹535.33. This reflects slightly stronger assumptions for long term revenue growth and a marginally higher future valuation multiple.

Shared on 22 Nov 25

Fair value Decreased 5.42%

ELGIEQUIP: Demand-System Launch and Margin Trends Will Shape Performance Ahead

Elgi Equipments' analyst price target has been revised downward from ₹566 to ₹535.33. Analysts cite slightly lower expected revenue growth and profit margins in their updated forecasts.

Shared on 01 May 25

Fair value Decreased 7.11%

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 1.18%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 3.87%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Increased 1.30%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 13 Mar 25

AnalystConsensusTarget Fair Value

₹535.33

8.9% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

10.42%

Machinery revenue growth rate

0.32%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

15.00%

Calculation

₹5.42b

Earnings '28

x

47.21x

PE Ratio '28

=

₹255.63b

Market Cap '28

₹255.63b

Market Cap '28

/

314.95m

No. shares '28

=

₹811.63

Share Price '28

₹811.63 Share Price '28

Discounted to 2025 @ 15.00% p.a.

=

₹533.71

Fair Value '25