Elgi Equipments Future Growth
Future criteria checks 2/6
Elgi Equipments is forecast to grow earnings and revenue by 15.3% and 11.7% per annum respectively. EPS is expected to grow by 15.3% per annum. Return on equity is forecast to be 19.8% in 3 years.
Key information
15.3%
Earnings growth rate
15.3%
EPS growth rate
| Machinery earnings growth | 18.0% |
| Revenue growth rate | 11.7% |
| Future return on equity | 19.8% |
| Analyst coverage | Low |
| Last updated | 14 Nov 2024 |
Recent future growth updates
Earnings Update: Elgi Equipments Limited (NSE:ELGIEQUIP) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Nov 14
Earnings Miss: Elgi Equipments Limited Missed EPS By 6.1% And Analysts Are Revising Their Forecasts
Jun 01Elgi Equipments Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next
Feb 16Recent updates
We Think Elgi Equipments (NSE:ELGIEQUIP) Can Stay On Top Of Its Debt
Dec 24Earnings Update: Elgi Equipments Limited (NSE:ELGIEQUIP) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Nov 14Pinning Down Elgi Equipments Limited's (NSE:ELGIEQUIP) P/E Is Difficult Right Now
Nov 12Returns On Capital Are A Standout For Elgi Equipments (NSE:ELGIEQUIP)
Oct 22Does Elgi Equipments (NSE:ELGIEQUIP) Have A Healthy Balance Sheet?
Sep 08Elgi Equipments' (NSE:ELGIEQUIP) Dividend Will Be ₹2.00
Jul 22Earnings Not Telling The Story For Elgi Equipments Limited (NSE:ELGIEQUIP) After Shares Rise 30%
Jul 05Elgi Equipments (NSE:ELGIEQUIP) Will Pay A Dividend Of ₹2.00
Jun 30Why We Like The Returns At Elgi Equipments (NSE:ELGIEQUIP)
Jun 20Elgi Equipments (NSE:ELGIEQUIP) Has Announced A Dividend Of ₹2.00
Jun 02Earnings Miss: Elgi Equipments Limited Missed EPS By 6.1% And Analysts Are Revising Their Forecasts
Jun 01Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?
May 29Elgi Equipments Limited's (NSE:ELGIEQUIP) Shareholders Might Be Looking For Exit
May 11Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today
Apr 05Elgi Equipments (NSE:ELGIEQUIP) Is Very Good At Capital Allocation
Mar 18Elgi Equipments Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next
Feb 16What Elgi Equipments Limited's (NSE:ELGIEQUIP) 27% Share Price Gain Is Not Telling You
Feb 09These 4 Measures Indicate That Elgi Equipments (NSE:ELGIEQUIP) Is Using Debt Reasonably Well
Dec 27Elgi Equipments (NSE:ELGIEQUIP) Knows How To Allocate Capital Effectively
Dec 12Here's Why Elgi Equipments (NSE:ELGIEQUIP) Can Manage Its Debt Responsibly
Sep 19Investors Shouldn't Overlook Elgi Equipments' (NSE:ELGIEQUIP) Impressive Returns On Capital
Sep 01Elgi Equipments' (NSE:ELGIEQUIP) Dividend Will Be Increased To ₹2.00
Jul 07These 4 Measures Indicate That Elgi Equipments (NSE:ELGIEQUIP) Is Using Debt Safely
Jun 06Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹2.00
May 22Why We Like The Returns At Elgi Equipments (NSE:ELGIEQUIP)
Apr 03Do Elgi Equipments' (NSE:ELGIEQUIP) Earnings Warrant Your Attention?
Feb 23Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?
Jan 22Returns On Capital Are A Standout For Elgi Equipments (NSE:ELGIEQUIP)
Dec 22If EPS Growth Is Important To You, Elgi Equipments (NSE:ELGIEQUIP) Presents An Opportunity
Nov 20Is It Time To Consider Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?
Oct 12Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?
Sep 27Elgi Equipments (NSE:ELGIEQUIP) Is Investing Its Capital With Increasing Efficiency
Aug 27Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹1.15
Aug 02Elgi Equipments (NSE:ELGIEQUIP) Is Paying Out A Larger Dividend Than Last Year
Jul 17Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Is Well Worth Watching
Jul 16Is Now The Time To Look At Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?
Jun 17Elgi Equipments (NSE:ELGIEQUIP) Could Easily Take On More Debt
Jun 05Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹1.15
May 24Elgi Equipments (NSE:ELGIEQUIP) Might Have The Makings Of A Multi-Bagger
May 18Here's Why I Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today
Apr 02Is It Too Late To Consider Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?
Mar 17Does Elgi Equipments (NSE:ELGIEQUIP) Have A Healthy Balance Sheet?
Feb 21Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2027 | 46,812 | 5,365 | 3,939 | 4,894 | 3 |
| 3/31/2026 | 41,185 | 4,642 | 3,228 | 4,139 | 4 |
| 3/31/2025 | 35,571 | 3,792 | 3,431 | 4,450 | 3 |
| 9/30/2024 | 33,577 | 3,277 | 1,878 | 2,402 | N/A |
| 6/30/2024 | 32,949 | 3,243 | N/A | N/A | N/A |
| 3/31/2024 | 32,178 | 3,119 | 2,388 | 2,877 | N/A |
| 12/31/2023 | 31,876 | 4,058 | N/A | N/A | N/A |
| 9/30/2023 | 31,382 | 4,019 | 2,028 | 2,716 | N/A |
| 6/30/2023 | 30,708 | 3,826 | N/A | N/A | N/A |
| 3/31/2023 | 30,407 | 3,708 | 969 | 1,659 | N/A |
| 12/31/2022 | 29,326 | 2,738 | N/A | N/A | N/A |
| 9/30/2022 | 28,157 | 2,354 | 14 | 540 | N/A |
| 6/30/2022 | 27,291 | 2,151 | N/A | N/A | N/A |
| 3/31/2022 | 25,247 | 1,784 | 280 | 686 | N/A |
| 12/31/2021 | 24,074 | 1,487 | N/A | N/A | N/A |
| 9/30/2021 | 22,988 | 1,416 | 827 | 1,172 | N/A |
| 6/30/2021 | 21,271 | 1,232 | N/A | N/A | N/A |
| 3/31/2021 | 19,258 | 1,025 | 2,089 | 2,400 | N/A |
| 12/31/2020 | 17,680 | 602 | N/A | N/A | N/A |
| 9/30/2020 | 16,842 | 384 | 1,908 | 2,202 | N/A |
| 6/30/2020 | 16,487 | 168 | N/A | N/A | N/A |
| 3/31/2020 | 18,292 | 426 | -84 | 355 | N/A |
| 12/31/2019 | 19,025 | 772 | N/A | N/A | N/A |
| 9/30/2019 | 19,093 | 877 | 412 | 933 | N/A |
| 6/30/2019 | 19,164 | 1,016 | N/A | N/A | N/A |
| 3/31/2019 | 18,632 | 1,031 | 1,175 | 1,719 | N/A |
| 12/31/2018 | 17,793 | 945 | N/A | N/A | N/A |
| 9/30/2018 | 17,246 | 992 | N/A | N/A | N/A |
| 6/30/2018 | 16,625 | 1,002 | N/A | N/A | N/A |
| 3/31/2018 | 16,039 | 953 | N/A | 465 | N/A |
| 12/31/2017 | 14,801 | 890 | N/A | N/A | N/A |
| 9/30/2017 | 14,145 | 735 | N/A | N/A | N/A |
| 6/30/2017 | 13,821 | 651 | N/A | N/A | N/A |
| 3/31/2017 | 13,669 | 740 | N/A | 1,256 | N/A |
| 12/31/2016 | 14,149 | 865 | N/A | N/A | N/A |
| 9/30/2016 | 14,311 | 865 | N/A | N/A | N/A |
| 6/30/2016 | 14,285 | 738 | N/A | N/A | N/A |
| 3/31/2016 | 13,972 | 509 | N/A | 1,257 | N/A |
| 12/31/2015 | 13,526 | 379 | N/A | N/A | N/A |
| 9/30/2015 | 13,223 | 405 | N/A | N/A | N/A |
| 6/30/2015 | 13,171 | 489 | N/A | N/A | N/A |
| 3/31/2015 | 13,143 | 481 | N/A | 780 | N/A |
| 12/31/2014 | 13,177 | 514 | N/A | N/A | N/A |
| 9/30/2014 | 13,250 | 467 | N/A | N/A | N/A |
| 6/30/2014 | 13,247 | 408 | N/A | N/A | N/A |
| 3/31/2014 | 13,504 | 455 | N/A | 974 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELGIEQUIP's forecast earnings growth (15.3% per year) is above the savings rate (6.7%).
Earnings vs Market: ELGIEQUIP's earnings (15.3% per year) are forecast to grow slower than the Indian market (18.2% per year).
High Growth Earnings: ELGIEQUIP's earnings are forecast to grow, but not significantly.
Revenue vs Market: ELGIEQUIP's revenue (11.7% per year) is forecast to grow faster than the Indian market (11.1% per year).
High Growth Revenue: ELGIEQUIP's revenue (11.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ELGIEQUIP's Return on Equity is forecast to be low in 3 years time (19.8%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 09:48 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Elgi Equipments Limited is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bhargav Buddhadev | Ambit Capital |
| Nishit Master | Anand Rathi Shares and Stock Brokers Limited |
| null null | Asian Markets Securities Private Limited |