Results and Dividend
ELGIEQUIP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Smallcap 250 and 0.3 pts more than its Compressors Pumps & Diesel Engines peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Elgi Equipments reported audited standalone revenue of Rs 23.4 billion for FY2026, up 12.6% from Rs 20.8 billion in FY2025, while consolidated revenue grew 12.5% to Rs 39.5 billion. On a consolidated basis, net profit rose 22.8% to Rs 4.3 billion from Rs 3.5 billion. Standalone net profit declined marginally to Rs 3.45 billion from Rs 3.5 billion. The board recommended a dividend of Rs 2.70 per share (270%). Statutory auditors Price Waterhouse Chartered Accountants LLP issued an unmodified (clean) audit opinion. An exceptional charge of Rs 150 million (consolidated) was recorded due to India's new Labour Codes implementation. Other income included a Rs 372 million gain on property sale.
The 22.8% PAT growth on consolidated basis signals strong operational performance, though standalone profit declined slightly. Clean audit opinion and dividend payout are positive signals for shareholders. The labour code charge is a one-time item and shouldn't affect recurring earnings.