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Elgi Equipments Limited

ELGIEQUIP·NSE·
₹566.50▼ -7.85 (-1.37%)
Market Cap18133.53 Cr
PE Ratio41.50
Volume1,69,956
Day High - Low578.45 - 566.50
52W High-Low653.40 - 408.25

Elgi Equipments Limited (ELGIEQUIP): company summary

The company's business has improved, with annual revenue rising 12.6% and net profit growing 22.9% year-on-year.

Elgi Equipments Limited (ELGIEQUIP) is a small-cap Capital Goods company valued at ₹18,134 crore operating in Compressors, Pumps & Diesel Engines on the NSE and BSE.

Recent price move
Elgi Equipments Limited last traded at ₹566.5, modestly down 1.37% on the day.
Recent developments
On 2026-06-27, the company's CEO, Jairam Varadaraj, called for innovation and purpose-led growth, emphasizing that MSMEs should not remain small forever.
Financial performance
The company's business has improved, with annual revenue rising 12.6% and net profit growing 22.9% year-on-year. In the latest quarter, revenue and net profit both increased by 22.5% and 20.1% respectively compared to the same quarter a year earlier. The net profit margin widened by 0.9 percentage points to 10.9%, while return on equity and return on capital employed remained strong at 19.3% and 21.8%.
Valuation multiples
The stock trades at 41.5 times earnings, 8.83 times book value. It yields 0.4%.
Things to watch
The stock is 10.5% below its 52-week high, and foreign institutional holding decreased by 0.30 percentage points in the quarter. Promoter shares pledged account for 0.88% of promoter holding, which may indicate some liquidity pressure.
Where it stands
Elgi Equipments Ltd ended the latest quarter with revenue of ₹1,062 crore and net profit of ₹103 crore, showing strong growth compared to the same quarter a year earlier. The most significant movement was in the stock price, which fell 3.97% on the day. The company remains profitable with a net profit margin of 10.9% and a debt-to-equity ratio of 0.24.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.

DocStoX Score
6.4/10
Fair
Fair Value
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ROE
19.28%
Strong
P/E
41.50x
Expensive
Debt / Equity
0.24
Low
Industry
Capital Goods
Compressors, Pumps & Diesel Engines
Overall View
Mixed

Price performance

NIFTY 500NIFTY SMALLCAP 250
Day₹566.50
₹578.45
52W₹408.25
₹653.40
DocStoX take

Supported by growth (9.0) and risk (8.8), but held back by valuation (0.5). Growth looks strong at 9.0, but that is offset by valuation at 0.5. We are calling it Mixed rather than resolving the conflict for you.

DocStoX score

Low confidence
6.4
/10
Fair
Quality
Solid
ROE 19.3%
Valuation
Expensive
P/E 41.5×
Growth
Strong
Revenue +15.5% 5Y CAGR
Risk
Low risk
D/E 0.24
Momentum
Firm
65% of 52-week range

At a glance

Market Cap
₹18,134 Cr
52W High / Low
₹653 / ₹408
Dividend Yield
0.43%
Promoter Holding
31.19%
EPS (TTM)
₹13.65
Book Value
₹70.43

Key highlights

  • Profit compounding 33% a year
  • Low leverage — D/E 0.24
  • Profitable in all of the last 5 years
  • Valuation is weak (0.5/10)
4 Positives1 Watchout

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Capital Goods stocks · Compressors, Pumps & Diesel Engines

Elgi Equipments Limited peers in Capital Goods

Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.

Elgi Equipments (ELGIEQUIP) Share Price & Financials | NSE | DocStoX