Elgi Equipments Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
ELGIEQUIP · price
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Elgi Equipments reported FY2026 consolidated revenue of Rs 39,507 million, up 12.5% from Rs 35,104 million in FY2025. Consolidated net profit grew 22.8% to Rs 4,302 million from Rs 3,502 million. Basic EPS improved to Rs 13.65 from Rs 11.09. The company recorded an exceptional charge of Rs 150 million (consolidated) due to implementation of new Labour Codes creating past service costs. The Board recommended a dividend of Rs 2.70 per share. The audit opinion was unqualified (unmodified) with no going concern issues. Segment-wise, Air Compressors contributed Rs 36,134 million revenue and Automotive Equipment Rs 3,386 million.
The results show healthy topline growth of 12.5% and strong PAT growth of 22.8% on consolidated basis, driven by both business segments. The clean audit opinion and dividend declaration are positive signals for shareholders. The exceptional labour code charge is a one-time item unlikely to recur.