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Elgi Equipments Ltd

(ELGIEQUIP)

₹5962%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Elgi Equipments Ltd Analyst Rating

based on 4 analysts

BUY

75.00%

Buy

0.00%

Hold

25.00%

Sell

Based on 4 analysts offering long term price targets for Elgi Equipments Ltd. An average target of ₹695.25

Source: S&P Global Market Intelligence

Elgi Equipments Ltd Share analysis

Elgi Equipments Ltd price forecast by 4 analysts

Upside of14.32%

High

₹835

Target

₹695.25

Low

₹476

Elgi Equipments Ltd target price ₹695.25, a slight upside of 14.32% compared to current price of ₹596. According to 4 analysts rating.

Source: S&P Global Market Intelligence

Elgi Equipments Ltd Performance

  • Day's Low

    Day's High

    ₹590.4
    Day's Price Range
    ₹613.55
  • 52 Week's Low

    52 Week's High

    ₹503.1
    52-Week Price Range
    ₹798.95
1 Month Return+ 9.94 %
3 Month Return-13.96 %
1 Year Return+ 15.1 %
Previous Close₹608.15
Open₹613.30
Volume2.65L
Upper Circuit-
Lower Circuit-
Market Cap₹19,076.34Cr

Elgi Equipments Ltd Key Statistics

P/E Ratio58.76
PEG Ratio-24.9
Market Cap₹19,076.34 Cr
P/B Ratio12.97
EPS9.84
Dividend Yield0.33
SectorCapital Goods-Non Electrical Equipment
ROE23.94

Elgi Equipments Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹19,076.34 Cr75.21%0.54₹311 Cr₹3,217 Cr
BUY₹18,569.90 Cr46.12%0.50₹651 Cr₹5,014 Cr
BUY₹41,109.59 Cr170.6%0.53₹580 Cr₹8,104 Cr
NA₹8,188.57 Cr289.18%0.65-₹51 Cr₹1,369 Cr
HOLD₹15,294.76 Cr26.02%0.54₹473 Cr₹4,317 Cr

About Elgi Equipments Ltd

Elgi Equipments Ltd is a leading air compressor manufacturer with a history dating back to 1960. Founded by Dr. V.R. Govindarajan, the company has been at the forefront of the air compressor industry for over five decades. With a strong presence in India, Elgi Equipments Ltd is one of the largest manufacturers of air compressors in the world.

Elgi Equipments Ltd offers a wide range of air compressor solutions for industrial, commercial and residential applications. The company's lines of business include air compressors, air dryers, air receivers, air accessories, air filters, lubricants and other related products. Elgi Equipments Ltd also manufactures and markets a range of popular brands such as Elgi Ultra, Elgi Ultra Pro, Elgi Ultra Compressors, Elgi Ultra Dryers and Elgi Ultra Air Accessories.

Elgi Equipments Ltd's top products include oil-free screw air compressors, oil-lubricated reciprocating air compressors, rotary screw air compressors, air dryers, air receivers, air filters and air accessories. The company also offers a wide range of after-sales services such as installation, maintenance, repair and other related services.

Share Price: ₹596.00 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹19,076.34Cr as of today
Revenue: ₹868.86Cr as on September 2024 (Q3 24)
Net Profit: ₹94.72Cr as on September 2024 (Q3 24)
Listing date: 14 Jun, 1995
OrganisationElgi Equipments Ltd
Headquarters
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Key events for Elgi Equipments Ltd

  • Elgi Equipments Stock Shows Strong Performance - 25 Nov, 2024

    Elgi Equipments stock surged over 13% in Monday's trading session, currently priced at Rs 631. Support is at Rs 610, with resistance levels at Rs 655 and Rs 669. The overall market sentiment remains cautious as long as the stock trades below Rs 669.
  • Elgi Equipments Reports Strong Q3 Performance - 12 Nov, 2024

    Elgi Equipments reported standalone net sales of Rs 530.81 crore for September 2024, a 20.85% increase year-on-year. Net profit rose 17.49% to Rs 97.89 crore, with EBITDA up 16.15%. EPS increased to Rs 3.09 from Rs 2.63. The stock closed at Rs 624.45 on November 8, 2024, with a 12-month return of 18.33%.
  • Elgi Equipments Reports Steady Q2 FY25 Performance - 11 Nov, 2024

    Elgi Equipments demonstrated steady growth in Q2 FY25, with revenue increasing by 7.78% YoY to ₹868.86 crore and net profit rising by 3.77% to ₹94.72 crore, despite higher expenses.

Insights on Elgi Equipments Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.45% to 3.50% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 34.11% to 34.19% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 72.84 Cr → 94.72 Cr (in ₹), with an average increase of 23.1% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 814.75 Cr → 885.24 Cr (in ₹), with an average increase of 8.0% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 31.19% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Thermax Ltd has given 188.6% return, outperforming this stock by 67.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Thermax Ltd has given 57.6% return, outperforming this stock by 41.3%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, ELGIEQUIP stock has moved down by -18.3%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 29.47% to 29.40% in Sep 2024 quarter

Elgi Equipments Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹806.12Cr (-)₹821.83Cr (↑1.95%)₹865.94Cr (↑5.37%)₹801.06Cr (↓7.49%)₹868.86Cr (↑8.46%)
Net Income₹91.29Cr (-)₹83.88Cr (↓8.12%)₹76.24Cr (↓9.11%)₹72.84Cr (↓4.46%)₹94.72Cr (↑30.04%)
Net Profit Margin11.32% (-)10.21% (↓9.81%)8.80% (↓13.81%)9.09% (↑3.30%)10.90% (↑19.91%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,173.59Cr (-)₹1,262.80Cr (↑7.60%)₹1,583.28Cr (↑25.38%)₹1,903.27Cr (↑20.21%)
Total Liabilities₹357.87Cr (-)₹278.67Cr (↓22.13%)₹361.28Cr (↑29.64%)₹433.96Cr (↑20.12%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹72.96Cr (-)₹115.88Cr (↑58.83%)₹104.77Cr (↓9.59%)₹234.65Cr (↑123.97%)₹254.66Cr (↑8.53%)

Index Inclusions

S&P BSE SmallCap Select

₹8,057.22

-2.18 (-179.75%)

S&P BSE Indus.

₹15,035.15

-2.67 (-412.57%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty Smallcap 250

₹17,693.65

-2.01 (-363.55%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

S&P BSE Capital Goods

₹68,557.40

-3.02 (-2138.05%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 250 SmallCap

₹7,054.81

-2.03 (-146.24%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

Elgi Equipments Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
31.19%
0.00
Foreign Institutions
29.4%
-0.23
Mutual Funds
3.5%
1.62
Retail Investors
34.19%
0.23
Others
1.72%
-3.66

Elgi Equipments Ltd Key Indicators

Details20202021202220232024
Return On Equity %14.6413.7821.0424.723.94
Details20202021202220232024
Return On Assets %4.238.7314.1323.4216.39
Details20202021202220232024
Book Value Per Share (₹)24.327.6232.9443.2750.84
Details20202021202220232024
Earning Per Share (₹)1.353.235.6311.79.84

Elgi Equipments Ltd Valuation

Elgi Equipments Ltd in the last 5 years

  • Overview

  • Trends

Lowest (27.76x)

March 30, 2020

Today (58.76x)

December 19, 2024

Industry (67.95x)

December 19, 2024

Highest (475.09x)

September 21, 2020

LowHigh

Elgi Equipments Ltd Earnings and Dividends

  • Elgi Equipments Ltd Earnings Results

    Elgi Equipments Ltd’s net profit jumped 3.76% since last year same period to ₹94.72Cr in the Q2 2024-2025. On a quarterly growth basis, Elgi Equipments Ltd has generated 30.04% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Elgi Equipments Ltd Dividends May,2024

    In the quarter ending March 2024, Elgi Equipments Ltd has declared dividend of ₹2 - translating a dividend yield of 0.34%.

    Read More about Dividends

Elgi Equipments Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Elgi Equipments Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Elgi Equipments Ltd

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Elgi Equipments Ltd (ELGIEQUIP) share price today is ₹596

Elgi Equipments Ltd is listed on NSE

Elgi Equipments Ltd is listed on BSE

  • Today’s highest price of Elgi Equipments Ltd is ₹613.55.
  • Today’s lowest price of Elgi Equipments Ltd is ₹590.4.

PE Ratio of Elgi Equipments Ltd is 58.76

PE ratio = Elgi Equipments Ltd Market price per share / Elgi Equipments Ltd Earnings per share

Today’s traded volume of Elgi Equipments Ltd(ELGIEQUIP) is 2.65L.

Today’s market capitalisation of Elgi Equipments Ltd(ELGIEQUIP) is ₹19076.34Cr.

Elgi Equipments Ltd(ELGIEQUIPPrice
52 Week High
₹798.95
52 Week Low
₹503.1

Elgi Equipments Ltd(ELGIEQUIP) share price is ₹596. It is down -25.40% from its 52 Week High price of ₹798.95

Elgi Equipments Ltd(ELGIEQUIP) share price is ₹596. It is up 18.47% from its 52 Week Low price of ₹503.1

Elgi Equipments Ltd(ELGIEQUIPReturns
1 Day Returns
-12.15%
1 Month Returns
9.94%
3 Month Returns
-13.96%
1 Year Returns
15.1%