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As of 6 Nov 2026, Elgi Equipments trades at 39.3× trailing earnings, above the industry P/E of 33.8×, and the shares are 15% below their 52-week high. Sales and net profit grew 9.1% and 5.1% a year over 3 years, with ROCE of 26% and ROE of 21%. Debt is 0.24× equity, and its dividend yield is 0.5%. It is a small-cap company with a market cap of ₹17,564 Cr, ranked 13th of 138 Specialty Industrial Machinery companies by market cap; the shares rose 13% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹546.90
Day high
₹575.65
Day low
₹525.00
Prev. close
₹547.10
Volume
26.3 L

Health check

2 good · 2 fair · 2 to check
  • ReturnsIn line

    +13.4% over a year, better than 4 of 7 peers.

  • Price tagPricier

    P/E 39.3 vs industry 33.8.

  • GrowthSlow

    Sales +9.1%, profit +5.1% a year over 3 years.

  • ProfitabilityStrong

    ROCE 25.7% vs peer median 24.8%.

  • Balance sheetFair

    Debt 0.24× equity, interest covered 23.7×, Piotroski 5 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Industrial Machinery

137 listed peers. Screen the industry

Small cap

₹17,564 Cr, #13 of 138 in its industry by size.

Defensive

Beta 0.31 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹4,146 Cr · profit ₹448 Cr
Market cap
₹17,564 Cr
Small cap
P/E
39.3
Industry 33.8
Price to book
7.87
Peers 9.16
Dividend yield
0.49%
ROE
21.0%
Peers 19.1%
ROCE
25.7%
Peers 24.8%
Debt to equity
0.24
Debt ₹533 Cr
EPS (TTM)
₹14.16
Face value ₹1
OPM (TTM)
14.8%
Net margin 10.8%
Sales growth
+22.6%
Latest quarter vs a year ago
Profit growth
+20.7%
Latest quarter vs a year ago
Price to sales
4.24
EV/EBITDA 29.6

Strengths and risks

Strengths

  • Return on equity of 21.0%.
  • Return on capital employed of 25.7%.
  • Quarterly profit up 20.7% on a year ago.
  • Quarterly sales up 22.6% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Elgi Equipments

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…

Headquarters
Coimbatore
Employees
1,432
Sector
Industrials
ISIN
INE285A01027
Website
elgi.com

Price range

52 weeks

₹408.25₹653.40

Today

₹525.00₹575.65
Avg volume (3M)
4.9 L
1-year return
plus 13.4%
From 52-week high
minus 14.8%

Analyst consensus

5 analysts
No consensusMean target ₹690.80 plus 24.0%

Target range, with today’s price

Low ₹638.00High ₹740.00

Today’s price ₹556.90 is below the lowest analyst target.

Next results expected around 6 Nov 2026

Consensus from Yahoo Finance. Not a recommendation.

Peers · Specialty Industrial Machinery

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
BHELBharat Heavy Electricals418.80plus 0.17%1,45,82950.674.66.6%10.1%0.2213.5%plus 56.4%
ABBABB India6,774.00plus 2.20%1,43,54792.368.228.5%13.8%0.0215.4%plus 26.4%
SIEMENSSiemens3,560.00plus 3.73%1,26,77987.359.316.5%10.4%0.023.0%plus 10.0%
CUMMINSINDCummins India4,048.80minus 0.25%1,12,23349.841.735.0%20.6%0.0016.1%minus 6.0%
GVT&DGE Vernova T&D India4,018.00minus 3.06%1,02,87971.356.658.5%26.5%0.0131.1%plus 31.7%
SUZLONSuzlon Energy38.80plus 0.54%53,33723.717.324.8%16.7%0.0741.4%minus 35.7%
AIAENGAIA Engineering3,113.60minus 2.77%29,05623.519.619.9%27.4%0.00−3.4%minus 3.9%
ELGIEQUIPElgi Equipments556.90plus 1.79%17,56439.329.225.7%14.8%0.249.1%plus 13.4%
Median of 7 peers–0.17%1,12,23350.656.624.8%16.7%0.0215.4%10.0%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
8679681,0031,1131,062
746828860938907
121140144174155
14.0%14.5%14.3%15.7%14.6%
22.723.526.320.722.2
7.3756.16
18.820.721.32524.7
–31.3−15–−7.3
118167129164140
27.3%27.3%26.1%21.9%25.9%
85.612195.2128103
2.703.833.014.053.27

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+9.1%
Profit CAGR 3Y
+5.1%
EPS CAGR 3Y
+5.1%
ROE
21.0%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
3,0223,2023,4903,930
–+6.0%+9.0%+12.6%
2,5852,7122,9553,341
437491535588
14.5%15.3%15.3%15.0%
53.54954.573.1
19.829.330.525.4
77.776.67685.8
1176.6−1.727.3
510440482577
27.3%29.1%27.3%25.5%
371312350430
–minus 15.8%+12.2%+22.8%
11.719.8611.0813.61

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
31.731.731.731.7
1,3391,5801,8342,200
577638577533
554572599781
2,5022,8213,0423,546
354366428581
8.516.574.1147
13.519.425124
571775911925
1,5541,6441,6031,769
2,5022,8213,0423,546

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
166285391454
−217−101−283−98.3
59.8−79.1−217−312
8.4105−10943.2
−69−48.9−94.8−154
96.9236296299
−36.4−63.2−63.2−69.4

Shareholding pattern

Source: NSE filings
31.2%
promoters
  • Promoters31.19%
  • Public68.33%
  • Employee trusts0.48%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202631.19%68.33%0.00
30 Jun 202631.19%68.32%0.00
31 Mar 202631.19%68.28%0.00
31 Dec 202531.19%68.45%0.00
30 Sep 202531.19%68.43%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you