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ELGI Equipments Limited (ELGIEQUIP) Price & Analysis

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ELGIEQUIP Stock Chart & Stats

₹568.70

₹0.50(0.09%)

At close: Jul 31 4:00 PM EDT

₹568.70

₹0.50(0.09%)

Day’s Range― - ―

52-Week Range₹408.95 - ₹643.30

Previous CloseN/A

Volume189.85K

Average Volume (3M)18.01K

Market Cap

₹193.11B

Enterprise Value₹144.66K

Total Cash (Recent Filing)₹9.29B

Total Debt (Recent Filing)₹5.33B

Price to Earnings (P/E)43.5

Beta1.22

Next Earnings

Nov 10, 2026

EPS Estimate

3.7

Next Dividend Ex-DateN/A

Dividend Yield0.44%

Share Statistics

EPS (TTM)13.62

Shares Outstanding316,909,030

10 Day Avg. Volume15,289

30 Day Avg. Volume18,009

Financial Highlights & Ratios

PEG Ratio1.47

Price to Book (P/B)6.59

Price to Sales (P/S)3.72

P/FCF Ratio43.00

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)15.8

Revenue Forecast (FY)₹44.25B

Bulls Say, Bears Say

Bulls Say

Sustained Revenue GrowthSteady multi-year revenue expansion, alongside 15.94% reported growth, indicates continuing demand for compressed-air equipment. This supports installed-base expansion and creates a broader foundation for aftermarket parts and service revenue over the next several quarters.

Conservative Balance SheetLower leverage and growing equity improve financial resilience and provide flexibility to fund manufacturing capacity, product development, and service infrastructure. This strengthens the company’s ability to manage industrial demand cycles without excessive balance-sheet pressure.

Improving Cash GenerationStronger operating and free cash flow indicate that reported earnings are increasingly converting into cash. Better internal funding can support working capital, investment, debt management, and recurring aftermarket capabilities without relying as heavily on external financing.

Bears Say

Operating Profit Efficiency DeclineA decline in operating profit while revenue and net income increased signals weaker core operating efficiency or cost pressure. Unless reversed, this can reduce earnings quality, limit reinvestment capacity, and make future profit growth less dependable.

Volatile Cash ConversionAlthough recent cash generation improved, earlier volatility shows that working capital and industrial cycles can materially affect cash conversion. This creates uncertainty around the consistency of internally funded growth and may require tighter inventory and receivables management.

Remaining Debt ExposureImproved debt-to-equity is positive, but sizable absolute debt still requires continued discipline, particularly if operating profitability remains volatile. Higher financing obligations could constrain investment or weaken resilience during a prolonged industrial slowdown.

ELGI Equipments Limited News

Elgi Equipments Schedules One-on-One Analyst Meet With Wasatch Global Investors

ELGI Equipments Limited ( ($IN:ELGIEQUIP) ) has issued an announcement. Elgi Equipments Limited has scheduled a one-on-one, in-person...

3M ago

Elgi Equipments Publishes Video of 2026 Analyst and Investor Meet

ELGI Equipments Limited ( ($IN:ELGIEQUIP) ) has shared an update. Elgi Equipments Limited has notified the stock exchanges...

6M ago

Elgi Equipments Posts Audio of 2026 Analyst and Investor Meet Online

ELGI Equipments Limited ( ($IN:ELGIEQUIP) ) has provided an update. Elgi Equipments Limited has notified the stock exchanges...

6M ago

Elgi Equipments Shares Annual Analyst Meet 2026 Presentation With Markets

ELGI Equipments Limited ( ($IN:ELGIEQUIP) ) has issued an announcement. Elgi Equipments Limited has informed the stock exchanges...

6M ago

ELGI Equipments Unveils Innovative Compressor Technology

The latest update is out from ELGI Equipments Limited ( ($IN:ELGIEQUIP) ). ELGI Equipments Limited has announced the...

11M ago

ELGI Equipments Engages with Institutional Investor

ELGI Equipments Limited ( ($IN:ELGIEQUIP) ) just unveiled an update. ELGI Equipments Limited conducted a one-on-one physical meeting...

12M ago

Elgi Equipments Faces GST Penalty Over Address Mismatch

ELGI Equipments Limited ( ($IN:ELGIEQUIP) ) has provided an announcement. Elgi Equipments Limited has been informed by the...

1y ago

Elgi Equipments Hosts Q3 Earnings Call for Analysts and Investors

ELGI Equipments Limited ( ($IN:ELGIEQUIP) ) has provided an update. Elgi Equipments Limited announced a presentation for its...

2y ago

ELGIEQUIP FAQ

What was ELGI Equipments Limited’s price range in the past 12 months?

ELGI Equipments Limited lowest stock price was ₹408.95 and its highest was ₹643.30 in the past 12 months.

What is ELGI Equipments Limited’s market cap?

ELGI Equipments Limited’s market cap is ₹193.11B.

When is ELGI Equipments Limited’s upcoming earnings report date?

ELGI Equipments Limited’s upcoming earnings report date is Nov 10, 2026 which is in 75 days.

How were ELGI Equipments Limited’s earnings last quarter?

ELGI Equipments Limited released its earnings results on Aug 13, 2026. The company reported ₹3.45 earnings per share for the quarter, beating the consensus estimate of ₹3.3 by ₹0.15.

Is ELGI Equipments Limited overvalued?

According to Wall Street analysts ELGI Equipments Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does ELGI Equipments Limited pay dividends?

ELGI Equipments Limited pays a Annually dividend of ₹2.7 which represents an annual dividend yield of 0.44%. See more information on ELGI Equipments Limited dividends here

What is ELGI Equipments Limited’s EPS estimate?

ELGI Equipments Limited’s EPS estimate is 3.7.

How many shares outstanding does ELGI Equipments Limited have?

ELGI Equipments Limited has 316,909,030 shares outstanding.

What happened to ELGI Equipments Limited’s price movement after its last earnings report?

ELGI Equipments Limited reported an EPS of ₹3.45 in its last earnings report, beating expectations of ₹3.3. Following the earnings report the stock price went up 0.139%.

Which hedge fund is a major shareholder of ELGI Equipments Limited?

Currently, no hedge funds are holding shares in IN:ELGIEQUIP

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

ELGI Equipments Limited

Elgi Equipments Limited manufactures and sells air compressors and related parts in India, Europe, Australia, the United States, and internationally. It operates through two segments, Air Compressors and Automotive Equipments. The company offers oil lubricated screw and piston air compressors, oil free piston and screw air compressors, rotary and reciprocating air compressors, diesel and electric portable air compressors, railway air compressors, heat recovery systems, and medical air compressors and vacuum pumps, as well as air accessories; air compressor parts, filters and separators, lubricants and fluids, and service kits, and other accessories; and air compressor service. It is also involved in the trading of air compressors, nitrogen systems, and altitude training systems; manufacture and trading of automotive garage equipment, compressed air systems, and vacuum pumps for medical applications; renting of property; and provision of design services. In addition, the company manufactures and trades compressors, hydraulic hammers, and rampi cars. The company serves manufacturing, textile, agriculture, automotive, and construction industries. Elgi Equipments Limited was incorporated in 1960 and is based in Coimbatore, India.