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Elgi Equipments Ltd share Price

Company details

6M Return 12.01%
1Y Return 44.47%
Mkt Cap.(Cr) 17,260.45
Volume 249,934
Div Yield 0.37%
OI Chg %
Volume 249,934

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About The Stock

    Elgi Equipments (Elgi) manufactures a wide range of air compressors (~92% of revenue) and automotive equipment (~8%).
     Elgi is the second largest player in the Indian air compressor market (~22% market share) and among the top eight players globally
     Expansion in new international markets to drive long term incremental growth (rest of the world contributed ~50% in FY22)


    Elgi reported strong Q4FY22 results higher than our estimates
     Consolidated revenues came in at ₹ 727.6 crore, up 19.2% YoY
     EBITDA margins came in at 14.6% in Q4FY22 (above our estimates of 11.1%) despite higher commodity prices and operating costs
     Consequently, PAT was at ₹ 73.1 crore, up 68.5% YoY

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Elgi Equipments Ltd.

Q3FY23 Quarterly Result Announced for Elgi Equipments Ltd.

Industrial equipment firm Elgi Equipments announced Q3FY23 results:

  • Consolidated Q3FY23:
    • PAT for the quarter was Rs 80.1 crore compared to Rs 41.7 crore in the same period in 2022.
    • Sales for the third quarter was Rs 772 crore as against Rs 656 crore in the corresponding quarter in 2022.
  • Standalone Q3FY23:
    • PAT for the third quarter was Rs 74.6 crore compared to Rs 45.8 crore in the same period in 2022.
  • The compressor business in the domestic market was close to the targeted numbers. Business growth in Europe, North America and Brazil was strong. Some areas in the Middle East and Africa, Australia and certain South-East Asian Countries have small gaps as against their plans.

Result PDF

View Other Company Results


Investment recommendation

Beat on all fronts!
Call Date
17 May 2022
Entry Price 308.00
Target Price 390.00
12-18 Month


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Elgi Equipments Ltd Stocks COMPARISION


Equity Capital: 1,043.79 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 2,740.13 38,215.03
LAST 3M 15,440.75 56,940.18
LAST 6M 64,524.17 36,402.84
LAST 12M 119,330.76 80,528.88
Elgi Equipments Limited - Loss of Share Certificates

May 29, 2023 l NSE Announcement

Elgi Equipments Limited - Loss of Share Certificates

May 26, 2023 l NSE Announcement

Date Action Type Ratio
Jul 28, 2023 Dividend 200
Aug 04, 2022 Dividend 115
Jul 23, 2021 Dividend 80

Elgi Equipments Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Elgi Equipments Limited is a company that operates in the manufacturing of compressors and has a market capitalization of Rs 6,222.51 Crores on 24th August '2021. In 1960, it became a corporation as a private limited company by the name “Elgi Equipments” and was converted into a public limited company in 1975. At the end of the financial year 2021, it registered combined revenue of Rs 1,947.55 Crores. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 522074 and scrip code ELGIEQUIP. As of 24th August ‘2021, Elgi Equipments limited is trading at Rs. 196.65.

    It has 24 subsidiaries and seven joint venture/associate entities. As of 31st March ‘2021, it has three subsidiaries, ATS Elgi Limited, Rotair SPA, and Pattons Inc, whose net worth exceeds 10% of the consolidated net worth of the holding company within the immediately preceding year or has generated 10% of the consolidated income of the corporate during the previous FY. There are more than 2000 employees who worked on the payroll, including its subsidiaries, and more than 600 employees were hired on a contractual basis. All the manufacturing plants were certified for ISO 14001:2015 Standard (Environment Management System), ISO 14024:2018 (Green product certification), ISO 45001:2018 Standards (Safety Management System), and ISO 50001:2011 (Energy Management System) with TUV Nord. The promoters and promoter’s group holds 31.91% of the stake in the company, and the rest, 68.09%, is owned by the others (FII, Employees, public shareholding, etc.).

    For the financial year ending on March 2021, total revenue was Rs 1,947.55 Crores, up 5.70% from Rs 1,842.61 Crores in March 2020. Annually Net Profit in March 2021 was Rs. 102.49 Crores, up 140.76% from Rs. 42.57 Crores in March 2020. In March 2021, the operating profit margin increased to 8.56% from 4.58% in March 2020. From Rs. 2.69 in March 2020, Elgi Equipments Limited’s EPS has risen to Rs. 3.24 in March 2021. Also, the company’s net-debt position reduced significantly in 2020-21. While the net opening debt was 2599 million, Elgi Equipments limited closed the year with net debt of 925 million. Elgi Equipment Limited’s stock is trading at 196.65 on 24th August ‘2021 shows a return of 16.88% in the last six months and 73.02% in the previous year.

Registered Address

Elgi Industrial Complex III, Trichy Road Singanallur, Coimbatore, Tamil Nadu, 641005

Tel : 91-0422-2589555
Email : investor:elgi.com
Website : http://www.elgi.com

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 522074
Book Closure Date (Month) : Jul/Aug
BSE Group : A
ISIN : INE285A01027

FAQ’s on Elgi Equipments Ltd Shares

You can buy Elgi Equipments Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Elgi Equipments Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 02, 2023 03:59 PM the closing price of Elgi Equipments Ltd was ₹ 544.65.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Jun 02, 2023 03:59 PM, the market cap of Elgi Equipments Ltd stood at ₹ 17,260.45.

The latest PE ratio of Elgi Equipments Ltd as of Jun 02, 2023 03:59 PM is 46.24

The latest PB ratio of Elgi Equipments Ltd as of Jun 02, 2023 03:59 PM is 0.08

The 52-week high of Elgi Equipments Ltd is ₹ 583.80 while the 52-week low is ₹ 334.05

According to analyst recommendations, Elgi Equipments Ltd has a “Buy” rating for the long term.

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