Elgi Equipments Limited
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.
Price performance
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 confidenceAt a glance
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)
Growth
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About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Elgi Equipments Limited peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
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