Companies›Industrials›Capital Goods›Industrial Products
NSE:ELGIEQUIP

ELGI EQUIPMENTS LTD

Capital Goods › Industrial Products·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+4
₹513.90
at close · 28 Oct 2026
▼ 5.60 (-1.08%)
ThemesRailways· growing

Latest filings

Next results: Fri, 6 Nov · Financial Results
  1. Elgi schedules Q2 FY27 analyst and investor earnings call · Board & Shareholder Meetings
  2. Special transfer window for older physical shares · Compliance
  3. Board to approve September 2026 financial results · Results
All filings ↓
Ask Nexa about ELGI EQUIPMENTS LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Makes air compressors and a smaller range of automotive equipment, with Air Compressors generating Rs 3,613.4 crore of FY26 segment revenue (EBIT Rs 548.4 crore) and Automotive equipment Rs 338.6 crore (EBIT Rs 37.1 crore). Materials form the largest cost at 36.4% of revenue, followed by employee costs at 19.6%. The global air compressor market is estimated at USD 23bn in FY26 and is growing at 3.5% per year, where Atlas Copco and Ingersoll Rand together hold just over half the share. This company is ranked #6 globally in air compressors. A 50% US tariff on its products is scheduled to ease to 18% in H2 FY27.

Revenue mix · reported segments
Air Compressors91.4%
Automotive equipment8.6%
Operating scale
Manufacturing plants
5 in IndiaFY26
Direct market presence
28 countriesFY26
Countries served
65FY26
In-house motor share
95% (up from 25% in 2019)FY26
Workforce
1,091 employees and 1,249 workersFY26
Geographic revenue split
India ~51%, Rest of World ~49%FY26
Who pays it
Industrial buyers of compressed air systems and automotive servicing equipment across global markets
Biggest cost
Materials at 36.4% of revenue
Kind of business
Industrial cyclical, compressor manufacturing-led
Where it sits
Ranked #6 globally in air compressors; Atlas Copco and Ingersoll Rand together hold just over half the global market
Market Cap
₹16,291 Cr
P / E (TTM)
36.2×
EV / EBITDA
23.3×
Div Yield
0.43%
Growth
15.5%▲
Revenue 5y CAGR
PAT +33.2% · EBITDA +23.3%
Quality
25.9%▲
ROCE (5y median)
ROE 19.3% (5y median) · margin 17.3%
Leverage
0.18·
Debt / Equity · low
Net debt ₹241 Cr
Revenue FY21→FY26
2.1×▲
Margin +5.6 pts
₹1,924 Cr → ₹3,951 Cr
Cash conversion
0.83×·
Operating cash ÷ profit · 5 yrs
₹1,367 Cr on ₹1,642 Cr
Moves on a normal day
1.43%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 14 Compressors Pumps & Diesel Engines peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#7/15
P/B#11/15
ROCE#6/15
ROE#6/15
Debt / Equity#10/15
EBITDA margin#7/15
Revenue growth#5/15
Profit growth#5/15

Scorecard

Measured from the filed financials, judged against its Compressors Pumps & Diesel Engines peers · as of FY26 — not investment advice

Strengths
Revenue compounding 16% a year over 5 years
Profit compounding 33% a year over 5 years
Returns on capital 25.9% (5-year median)
#6 of 15 in Compressors Pumps & Diesel Engines on the latest reported figures · up from 16.2% in FY21
Concerns
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

ELGIEQUIP · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from ELGI EQUIPMENTS LTD's filed financials and exchange disclosures

What does ELGI EQUIPMENTS LTD do?

ELGI EQUIPMENTS LTD is a Industrial Products company listed on NSE and BSE, trading under the symbol ELGIEQUIP.

Is ELGI EQUIPMENTS LTD profitable?

Yes. Over the trailing twelve months ELGI EQUIPMENTS LTD reported a net profit of ₹448 Cr on revenue of ₹4,146 Cr.

Does ELGI EQUIPMENTS LTD pay a dividend?

Yes. The dividend yield is 0.43% at the current price. It paid out 16% of its profit as dividend in FY26.

Is ELGI EQUIPMENTS LTD debt-free?

No. It reported borrowings of ₹405 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹241 Cr after cash. Debt stands at 0.18× equity. That is higher than 64% of its 15 Compressors Pumps & Diesel Engines peers.

Is ELGI EQUIPMENTS LTD expensive compared with its peers?

On trailing P/E, ELGI EQUIPMENTS LTD ranks 7 of 15 in Compressors Pumps & Diesel Engines — cheaper than 57% of them, against an industry median of 42.2×. This is a position, not a valuation judgement.

How much does the ELGI EQUIPMENTS LTD share price move in a day?

On a typical session ELGI EQUIPMENTS LTD moves 1.43% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are ELGI EQUIPMENTS LTD's next results?

Financial Results on Fri, 6 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track ELGI EQUIPMENTS LTD's announcements?

Every NSE and BSE filing by ELGI EQUIPMENTS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.