ELGI EQUIPMENTS LTD Peer Comparison
ELGIEQUIP · Capital Goods · Current price ₹616.4
Peers tracked
11
ELGI EQUIPMENTS LTD P/E
45.4x
Sector
Capital Goods
ELGI EQUIPMENTS LTD vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| CUMMINS INDIA LTD | ₹5,105 | 65.5x | 1,38,863 |
| WELSPUN CORP LIMITED | ₹2,553.6 | 24.5x | 66,910 |
| APL APOLLO TUBES LTD | ₹2,234 | 41.3x | 61,143 |
| TUBE INVEST OF INDIA LTD | ₹2,763.2 | 93.9x | 52,259 |
| INDO-MIM LIMITED | ₹858.85 | 81.3x | 41,776 |
| KIRLOSKAR OIL ENG LTD | ₹2,138.3 | 58.8x | 31,010 |
| JYOTI CNC AUTOMATION LTD | ₹989.1 | 52.8x | 22,075 |
| GRINDWELL NORTON LIMITED | ₹1,983.3 | 57.9x | 21,761 |
| CARBORUNDUM UNIVERSAL LTD | ₹1,100.5 | 111.7x | 20,660 |
| JINDAL SAW LIMITED | ₹309.75 | 17.3x | 19,715 |
| ELGI EQUIPMENTS LTD | ₹628.9 | 43.8x | 19,384 |
ELGI EQUIPMENTS LTD versus its peers
ELGI EQUIPMENTS LTD operates in the Capital Goods space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 45.4x may be cheap in one industry and expensive in another.
More on ELGI EQUIPMENTS LTD
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

