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Elgi Equipments NSEI:ELGIEQUIP Stock Report

Last Price

₹627.95

Market Cap

₹198.7b

7D

0.3%

1Y

34.1%

Updated

25 Apr, 2024

Data

Company Financials +

Elgi Equipments Limited

NSEI:ELGIEQUIP Stock Report

Market Cap: ₹198.7b

ELGIEQUIP Stock Overview

Elgi Equipments Limited manufactures and sells air compressors and related parts in India, Europe, Australia, the United States, and internationally.

ELGIEQUIP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends5/6

Elgi Equipments Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Elgi Equipments
Historical stock prices
Current Share Price₹627.95
52 Week High₹714.20
52 Week Low₹428.50
Beta0.57
1 Month Change8.18%
3 Month Change8.16%
1 Year Change34.06%
3 Year Change189.44%
5 Year Change369.41%
Change since IPO968.85%

Recent News & Updates

Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today

Apr 05
Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today

Elgi Equipments (NSE:ELGIEQUIP) Is Very Good At Capital Allocation

Mar 18
Elgi Equipments (NSE:ELGIEQUIP) Is Very Good At Capital Allocation

Elgi Equipments Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next

Feb 16
Elgi Equipments Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next

Recent updates

Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today

Apr 05
Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today

Elgi Equipments (NSE:ELGIEQUIP) Is Very Good At Capital Allocation

Mar 18
Elgi Equipments (NSE:ELGIEQUIP) Is Very Good At Capital Allocation

Elgi Equipments Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next

Feb 16
Elgi Equipments Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next

What Elgi Equipments Limited's (NSE:ELGIEQUIP) 27% Share Price Gain Is Not Telling You

Feb 09
What Elgi Equipments Limited's (NSE:ELGIEQUIP) 27% Share Price Gain Is Not Telling You

These 4 Measures Indicate That Elgi Equipments (NSE:ELGIEQUIP) Is Using Debt Reasonably Well

Dec 27
These 4 Measures Indicate That Elgi Equipments (NSE:ELGIEQUIP) Is Using Debt Reasonably Well

Elgi Equipments (NSE:ELGIEQUIP) Knows How To Allocate Capital Effectively

Dec 12
Elgi Equipments (NSE:ELGIEQUIP) Knows How To Allocate Capital Effectively

Here's Why Elgi Equipments (NSE:ELGIEQUIP) Can Manage Its Debt Responsibly

Sep 19
Here's Why Elgi Equipments (NSE:ELGIEQUIP) Can Manage Its Debt Responsibly

Investors Shouldn't Overlook Elgi Equipments' (NSE:ELGIEQUIP) Impressive Returns On Capital

Sep 01
Investors Shouldn't Overlook Elgi Equipments' (NSE:ELGIEQUIP) Impressive Returns On Capital

Elgi Equipments' (NSE:ELGIEQUIP) Dividend Will Be Increased To ₹2.00

Jul 07
Elgi Equipments' (NSE:ELGIEQUIP) Dividend Will Be Increased To ₹2.00

These 4 Measures Indicate That Elgi Equipments (NSE:ELGIEQUIP) Is Using Debt Safely

Jun 06
These 4 Measures Indicate That Elgi Equipments (NSE:ELGIEQUIP) Is Using Debt Safely

Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹2.00

May 22
Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹2.00

Why We Like The Returns At Elgi Equipments (NSE:ELGIEQUIP)

Apr 03
Why We Like The Returns At Elgi Equipments (NSE:ELGIEQUIP)

Do Elgi Equipments' (NSE:ELGIEQUIP) Earnings Warrant Your Attention?

Feb 23
Do Elgi Equipments' (NSE:ELGIEQUIP) Earnings Warrant Your Attention?

Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?

Jan 22
Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?

Returns On Capital Are A Standout For Elgi Equipments (NSE:ELGIEQUIP)

Dec 22
Returns On Capital Are A Standout For Elgi Equipments (NSE:ELGIEQUIP)

If EPS Growth Is Important To You, Elgi Equipments (NSE:ELGIEQUIP) Presents An Opportunity

Nov 20
If EPS Growth Is Important To You, Elgi Equipments (NSE:ELGIEQUIP) Presents An Opportunity

Is It Time To Consider Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?

Oct 12
Is It Time To Consider Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?

Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?

Sep 27
Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?

Elgi Equipments (NSE:ELGIEQUIP) Is Investing Its Capital With Increasing Efficiency

Aug 27
Elgi Equipments (NSE:ELGIEQUIP) Is Investing Its Capital With Increasing Efficiency

Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹1.15

Aug 02
Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹1.15

Elgi Equipments (NSE:ELGIEQUIP) Is Paying Out A Larger Dividend Than Last Year

Jul 17
Elgi Equipments (NSE:ELGIEQUIP) Is Paying Out A Larger Dividend Than Last Year

Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Is Well Worth Watching

Jul 16
Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Is Well Worth Watching

Is Now The Time To Look At Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?

Jun 17
Is Now The Time To Look At Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?

Elgi Equipments (NSE:ELGIEQUIP) Could Easily Take On More Debt

Jun 05
Elgi Equipments (NSE:ELGIEQUIP) Could Easily Take On More Debt

Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹1.15

May 24
Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹1.15

Elgi Equipments (NSE:ELGIEQUIP) Might Have The Makings Of A Multi-Bagger

May 18
Elgi Equipments (NSE:ELGIEQUIP) Might Have The Makings Of A Multi-Bagger

Here's Why I Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today

Apr 02
Here's Why I Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today

Is It Too Late To Consider Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?

Mar 17
Is It Too Late To Consider Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?

Does Elgi Equipments (NSE:ELGIEQUIP) Have A Healthy Balance Sheet?

Feb 21
Does Elgi Equipments (NSE:ELGIEQUIP) Have A Healthy Balance Sheet?

Returns At Elgi Equipments (NSE:ELGIEQUIP) Appear To Be Weighed Down

Feb 08
Returns At Elgi Equipments (NSE:ELGIEQUIP) Appear To Be Weighed Down

Should You Be Adding Elgi Equipments (NSE:ELGIEQUIP) To Your Watchlist Today?

Dec 17
Should You Be Adding Elgi Equipments (NSE:ELGIEQUIP) To Your Watchlist Today?

At ₹296, Is It Time To Put Elgi Equipments Limited (NSE:ELGIEQUIP) On Your Watch List?

Dec 05
At ₹296, Is It Time To Put Elgi Equipments Limited (NSE:ELGIEQUIP) On Your Watch List?

We Think Elgi Equipments (NSE:ELGIEQUIP) Can Manage Its Debt With Ease

Nov 09
We Think Elgi Equipments (NSE:ELGIEQUIP) Can Manage Its Debt With Ease

The Returns At Elgi Equipments (NSE:ELGIEQUIP) Aren't Growing

Aug 01
The Returns At Elgi Equipments (NSE:ELGIEQUIP) Aren't Growing

When Should You Buy ELGI Equipments Limited (NSE:ELGIEQUIP)?

Jun 08
When Should You Buy ELGI Equipments Limited (NSE:ELGIEQUIP)?

Is ELGI Equipments (NSE:ELGIEQUIP) Using Too Much Debt?

May 24
Is ELGI Equipments (NSE:ELGIEQUIP) Using Too Much Debt?

Investors Who Bought ELGI Equipments (NSE:ELGIEQUIP) Shares Five Years Ago Are Now Up 198%

Mar 18
Investors Who Bought ELGI Equipments (NSE:ELGIEQUIP) Shares Five Years Ago Are Now Up 198%

What Type Of Shareholders Make Up ELGI Equipments Limited's (NSE:ELGIEQUIP) Share Registry?

Mar 01
What Type Of Shareholders Make Up ELGI Equipments Limited's (NSE:ELGIEQUIP) Share Registry?

Results: ELGI Equipments Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Feb 11
Results: ELGI Equipments Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Is ELGI Equipments (NSE:ELGIEQUIP) Likely To Turn Things Around?

Feb 01
Is ELGI Equipments (NSE:ELGIEQUIP) Likely To Turn Things Around?

These 4 Measures Indicate That ELGI Equipments (NSE:ELGIEQUIP) Is Using Debt Reasonably Well

Jan 16
These 4 Measures Indicate That ELGI Equipments (NSE:ELGIEQUIP) Is Using Debt Reasonably Well

Are ELGI Equipments's (NSE:ELGIEQUIP) Statutory Earnings A Good Guide To Its Underlying Profitability?

Dec 17
Are ELGI Equipments's (NSE:ELGIEQUIP) Statutory Earnings A Good Guide To Its Underlying Profitability?

Shareholder Returns

ELGIEQUIPIN MachineryIN Market
7D0.3%4.9%2.8%
1Y34.1%69.7%46.6%

Return vs Industry: ELGIEQUIP underperformed the Indian Machinery industry which returned 69% over the past year.

Return vs Market: ELGIEQUIP underperformed the Indian Market which returned 46.4% over the past year.

Price Volatility

Is ELGIEQUIP's price volatile compared to industry and market?
ELGIEQUIP volatility
ELGIEQUIP Average Weekly Movement7.1%
Machinery Industry Average Movement7.1%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: ELGIEQUIP has not had significant price volatility in the past 3 months.

Volatility Over Time: ELGIEQUIP's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19601,258Jairam Varadarajwww.elgi.com

Elgi Equipments Limited manufactures and sells air compressors and related parts in India, Europe, Australia, the United States, and internationally. It operates through two segments: Air Compressors and Automotive Equipments. The company offers oil lubricated screw and piston air compressors, oil free piston and screw air compressors, rotary and reciprocating air compressors, diesel and electric portable air compressors, railway air compressors, heat recovery systems, and medical air compressors and vacuum pumps, as well as air accessories; air compressor parts, filters and separators, lubricants and fluids, and service kits; and air compressor services.

Elgi Equipments Limited Fundamentals Summary

How do Elgi Equipments's earnings and revenue compare to its market cap?
ELGIEQUIP fundamental statistics
Market cap₹198.70b
Earnings (TTM)₹4.06b
Revenue (TTM)₹31.88b

49.0x

P/E Ratio

6.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELGIEQUIP income statement (TTM)
Revenue₹31.88b
Cost of Revenue₹15.93b
Gross Profit₹15.95b
Other Expenses₹11.89b
Earnings₹4.06b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)12.82
Gross Margin50.03%
Net Profit Margin12.73%
Debt/Equity Ratio42.6%

How did ELGIEQUIP perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

17%

Payout Ratio
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