Elgi Equipments Limited

NSEI:ELGIEQUIP Stock Report

Market Cap: ₹188.4b

Elgi Equipments Past Earnings Performance

Past criteria checks 2/6

Elgi Equipments has been growing earnings at an average annual rate of 38.5%, while the Machinery industry saw earnings growing at 27.8% annually. Revenues have been growing at an average rate of 14.9% per year. Elgi Equipments's return on equity is 19%, and it has net margins of 9.8%.

Key information

38.5%

Earnings growth rate

38.6%

EPS growth rate

Machinery Industry Growth21.0%
Revenue growth rate14.9%
Return on equity19.0%
Net Margin9.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Earnings Update: Elgi Equipments Limited (NSE:ELGIEQUIP) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts

Nov 14
Earnings Update: Elgi Equipments Limited (NSE:ELGIEQUIP) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts

Pinning Down Elgi Equipments Limited's (NSE:ELGIEQUIP) P/E Is Difficult Right Now

Nov 12
Pinning Down Elgi Equipments Limited's (NSE:ELGIEQUIP) P/E Is Difficult Right Now

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

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

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

Sep 08
Does Elgi Equipments (NSE:ELGIEQUIP) Have A Healthy Balance Sheet?

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

Jul 22
Elgi Equipments' (NSE:ELGIEQUIP) Dividend Will Be ₹2.00

Earnings Not Telling The Story For Elgi Equipments Limited (NSE:ELGIEQUIP) After Shares Rise 30%

Jul 05
Earnings Not Telling The Story For Elgi Equipments Limited (NSE:ELGIEQUIP) After Shares Rise 30%

Elgi Equipments (NSE:ELGIEQUIP) Will Pay A Dividend Of ₹2.00

Jun 30
Elgi Equipments (NSE:ELGIEQUIP) Will Pay A Dividend Of ₹2.00

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

Jun 20
Why We Like The Returns At Elgi Equipments (NSE:ELGIEQUIP)

Elgi Equipments (NSE:ELGIEQUIP) Has Announced A Dividend Of ₹2.00

Jun 02
Elgi Equipments (NSE:ELGIEQUIP) Has Announced A Dividend Of ₹2.00

Earnings Miss: Elgi Equipments Limited Missed EPS By 6.1% And Analysts Are Revising Their Forecasts

Jun 01
Earnings Miss: Elgi Equipments Limited Missed EPS By 6.1% And Analysts Are Revising Their Forecasts

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

May 29
Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?

Elgi Equipments Limited's (NSE:ELGIEQUIP) Shareholders Might Be Looking For Exit

May 11
Elgi Equipments Limited's (NSE:ELGIEQUIP) Shareholders Might Be Looking For Exit

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?

Revenue & Expenses Breakdown

How Elgi Equipments makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:ELGIEQUIP Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2433,5773,2777,0680
30 Jun 2432,9493,2436,9560
31 Mar 2432,1783,1196,8520
31 Dec 2331,8764,0586,6020
30 Sep 2331,3824,0196,3490
30 Jun 2330,7083,8266,1360
31 Mar 2330,4073,7085,9720
31 Dec 2229,3262,7385,6280
30 Sep 2228,1572,3545,4450
30 Jun 2227,2912,1515,2440
31 Mar 2225,2471,7845,0150
31 Dec 2124,0741,4875,0850
30 Sep 2122,9881,4164,9400
30 Jun 2121,2711,2324,7800
31 Mar 2119,2581,0254,4690
31 Dec 2017,6806024,4150
30 Sep 2016,8423844,3600
30 Jun 2016,4871684,2280
31 Mar 2018,2924264,2130
31 Dec 1919,0257724,1410
30 Sep 1919,0938773,9740
30 Jun 1919,1641,0163,8430
31 Mar 1918,6321,0313,6160
31 Dec 1817,7939453,3720
30 Sep 1817,2469923,2130
30 Jun 1816,6251,0023,0580
31 Mar 1816,0399532,9610
31 Dec 1714,8018902,8320
30 Sep 1714,1457352,7530
30 Jun 1713,8216512,7110
31 Mar 1713,6697402,6750
31 Dec 1614,1498652,7740
30 Sep 1614,3118652,7740
30 Jun 1614,2857382,7790
31 Mar 1613,9725092,7270
31 Dec 1513,5263794,17259
30 Sep 1513,2234054,16559
30 Jun 1513,1714894,12159
31 Mar 1513,1434812,6360
31 Dec 1413,1775144,07362
30 Sep 1413,2504674,03262
30 Jun 1413,2474082,3540
31 Mar 1413,5044554,00262
31 Dec 1313,5965733,73260

Quality Earnings: ELGIEQUIP has high quality earnings.

Growing Profit Margin: ELGIEQUIP's current net profit margins (9.8%) are lower than last year (12.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ELGIEQUIP's earnings have grown significantly by 38.5% per year over the past 5 years.

Accelerating Growth: ELGIEQUIP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ELGIEQUIP had negative earnings growth (-18.5%) over the past year, making it difficult to compare to the Machinery industry average (25%).


Return on Equity

High ROE: ELGIEQUIP's Return on Equity (19%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 13:54
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

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.

AnalystInstitution
Bhargav BuddhadevAmbit Capital
Nishit MasterAnand Rathi Shares and Stock Brokers Limited
null nullAsian Markets Securities Private Limited