Elgi Equipments Limited
BSE:522074 Stock Report
Elgi Equipments Balance Sheet Health
Financial Health criteria checks 6/6 Elgi Equipments has a total shareholder equity of ₹17.2B and total debt of ₹4.5B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are ₹27.8B and ₹10.6B respectively. Elgi Equipments's EBIT is ₹4.4B making its interest coverage ratio -54.6. It has cash and short-term investments of ₹6.4B.
Key information
26.3%
Debt to equity ratio
Interest coverage ratio -54.6x Cash ₹6.43b Equity ₹17.23b Total liabilities ₹10.59b Total assets ₹27.81b
Recent financial health updates
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Second quarter 2025 earnings: EPS and revenues miss analyst expectations Nov 12
Elgi Equipments Limited to Report Q2, 2025 Results on Nov 11, 2024 Oct 22
Investor sentiment improves as stock rises 16% Aug 23
Elgi Equipments Limited Approves Appointment of Gaurav Gupta as Chief Information Officer, Senior Management Personnel Aug 12
Price target increased by 9.9% to ₹699 Aug 03
Elgi Equipments Limited Approves Board Appointments Aug 01
Upcoming dividend of ₹2.00 per share Jul 17
Elgi Equipments Limited to Report Q1, 2025 Results on Jul 31, 2024 Jul 09
Full year 2024 earnings: EPS and revenues miss analyst expectations Jul 07
Price target increased by 16% to ₹637 Jun 19
Investor sentiment improves as stock rises 16% Jun 19
Dividend of ₹2.00 announced May 29
Full year 2024 earnings: EPS and revenues miss analyst expectations May 28
Elgi Equipments Limited to Report Q4, 2024 Results on May 27, 2024 May 12
Elgi Equipments Limited Announces Chief Financial Officer Changes, Effective from March 18, 2024 Mar 16
Elgi Equipments Limited Announces Chief Financial Officer Changes, Effective from March 18, 2024 Mar 15
Price target increased by 13% to ₹550 Feb 17
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Feb 14
Elgi Equipments Limited to Report Q3, 2024 Results on Feb 12, 2024 Jan 23
Elgi Equipments Limited Announces Resignation of S Prakash as Company Secretary and Compliance Officer Dec 05
Second quarter 2024 earnings: EPS exceeds analyst expectations Nov 12
Elgi Equipments Limited to Report Q2, 2024 Results on Nov 08, 2023 Oct 26
Elgi Equipments Limited to Report Q1, 2024 Results on Aug 11, 2023 Aug 01
Upcoming dividend of ₹2.00 per share at 0.4% yield Jul 21
Full year 2023 earnings: EPS and revenues exceed analyst expectations Jul 15
Price target increased by 7.9% to ₹486 Jul 06
Investor sentiment improves as stock rises 15% May 26
Full year 2023 earnings: EPS and revenues exceed analyst expectations May 20 Elgi Equipments Limited, Annual General Meeting, Aug 04, 2023
Price target increased by 9.8% to ₹455 Feb 07
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Feb 05
Elgi Equipments Limited to Report Q3, 2023 Results on Feb 03, 2023 Jan 24
Insufficient new directors Nov 16
Consensus EPS estimates increase by 27% Nov 11
Second quarter 2023 earnings: EPS and revenues exceed analyst expectations Nov 05
Elgi Equipments Limited to Report Q2, 2023 Results on Nov 04, 2022 Oct 28
Investor sentiment improved over the past week Oct 21
Investor sentiment deteriorated over the past week Sep 19
Investor sentiment improved over the past week Aug 26
Price target increased to ₹336 Aug 20
Investor sentiment improved over the past week Aug 03
Upcoming dividend of ₹1.15 per share Jul 28
Elgi Equipments Limited to Report Q1, 2023 Results on Aug 12, 2022 Jul 22
Full year 2022 earnings: EPS and revenues exceed analyst expectations Jul 22
Insufficient new directors Jun 02 ELGI Equipments Limited Recommends Final Dividend for the Financial Year Ended 31 March, 2022, Payable on or Before September 11, 2022
Full year 2022 earnings: EPS and revenues exceed analyst expectations May 14
Investor sentiment deteriorated over the past week May 11
Elgi Equipments Limited to Report Q4, 2022 Results on May 13, 2022 May 05
Price target increased to ₹310 Apr 27
Investor sentiment deteriorated over the past week Feb 25
Consensus EPS estimates increase by 20% Feb 17
Price target increased to ₹227 Feb 15
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Feb 13
Investor sentiment improved over the past week Nov 24
Second quarter 2022 earnings released Nov 09
CEO, MD & Executive Director recently sold ₹43m worth of stock Sep 10
Consensus forecasts updated Aug 10
Company Secretary & Compliance Officer K. Ragunathan has left the company Aug 05
Upcoming dividend of ₹0.80 per share Jul 16
Full year 2021 earnings released: EPS ₹3.24 (vs ₹1.34 in FY 2020) Jul 09
Price target increased to ₹199 May 28
Price target increased to ₹182 May 25
Full year 2021 earnings released: EPS ₹3.24 (vs ₹1.34 in FY 2020) May 24
ELGI Equipments Limited Recommends Dividend for the Financial Year Ended 31 March, 2021 May 22
New 90-day high: ₹181 Feb 25
Analysts increase EPS estimates to ₹3.15 Feb 15
Revenue and earnings beat expectations Feb 10
Third quarter 2021 earnings released: EPS ₹1.09 (vs ₹0.41 in 3Q 2020) Feb 10
ELGI Equipments Limited to Report Q3, 2021 Results on Feb 08, 2021 Jan 28
New 90-day high: ₹179 Jan 08
New 90-day high: ₹136 Dec 07
New 90-day high: ₹127 Nov 19
Analysts increase revenue estimates to ₹17.7b Nov 13
Price target raised to ₹121 Nov 12
Revenue and earnings beat expectations Nov 09
Second quarter 2021 earnings released: EPS ₹0.77 Nov 09
New 90-day high: ₹252 Sep 21
Analysts increase EPS estimates to ₹2.30 Aug 21
First quarter earnings released Aug 16
New 90-day high - ₹174 Aug 11
New 90-day high - ₹170 Jul 21
Financial Position Analysis
Short Term Liabilities: 522074's short term assets (₹20.8B) exceed its short term liabilities (₹9.8B).
Long Term Liabilities: 522074's short term assets (₹20.8B) exceed its long term liabilities (₹833.6M).
Debt to Equity History and Analysis
Debt Level: 522074 has more cash than its total debt.
Reducing Debt: 522074's debt to equity ratio has reduced from 39.7% to 26.3% over the past 5 years.
Debt Coverage: 522074's debt is well covered by operating cash flow (53%).
Interest Coverage: 522074 earns more interest than it pays, so coverage of interest payments is not a concern.
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