Elgi Equipments Ltd Share Price

Q: What is the share price of Elgi Equipments Ltd today?

Elgi Equipments Ltd share price as on 31 Jan 2025 is ₹538

Compressors / Drilling Equipment

NSE: ELGIEQUIP Small Cap ISIN: INE285A01027

As on 31 January 2025 at 14:04 IST

₹538

+ 7.75

(1.46%)

Sell Buy

About Elgi Equipments Ltd

Elgi Equipments Ltd is a prominent Indian company that manufactures air compressors and related equipment. The company operates within the industrial machinery sector. Founded in 1960, Elgi Equipments has many decades of experience in the industry. The headquarters of Elgi Equipments is located in Coimbatore, Tamil Nadu, India, which serves as the central hub for its global operations. Elgi Equipments offers various products, including oil-lubricated compressors, portable compressors, and accessories like air dryers. The company’s products are known for their efficiency and innovative design, making them a preferred choice for various industrial applications. Read More...

Over 1 Month

-5.71%

Over 6 Months

-25.62%

Over 1 Year

-12.70%

Over 3 Years

60%

Elgi Equipments Ltd Summary

Close ₹ 538

Open ₹ 530.35

High ₹ 539.05

Low ₹ 529.75

Volume 73,623

Net Turnover (in ₹ Cr) ₹ 4.79

52Wk High ₹ 798.95

52Wk Low ₹ 512.85

52Wk High / Low

512.85

798.95

Elgi Equipments Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 16,804.10

EPS (TTM) 10.81

Book Value (BV) 50.12

Div. Yield 0.38 %

P/E (TTM) 49.07

Price/Book Value 10.58

Delivery % 52.11 %

Face Value 1

Key Ratios

PE Ratio 59.14

PB Ratio 12.97

EV to Sales 10.05

PEG Ratio 3.24

ROA 20.26

ROE 23.94

Debt-Equity 0.08

Net Profit Margin 17.48

Operating Profit Margin 25.52

Elgi Equipments Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	3,272.75	3,107.91	2,579.68	1,947.27	1,842.42
Total Expenses	2,837.76	2,705.41	2,317.97	1,795.93	1,774.10
Profit Before Tax	440.17	510.37	263.03	152.75	69.56
Profit After Tax	311.89	370.81	178.43	102.48	42.57
Operating Profit after Depreciation	464.33	422.27	272.82	164.82	83.87

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	582.37	582.73	537.09	555.20	583.49
Total Non Current Assets	701.70	677.82	631.41	633.41	658.23
Total Current Assets	2,119.22	1,823.74	1,333.51	1,133.30	896.84
TOTAL ASSETS	2,820.93	2,501.56	1,964.92	1,766.71	1,555.07
Total Shareholder's Fund	1,611.08	1,371.15	1,032.51	869.89	768.99

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	287.70	165.91	68.56	240.04	35.48
Net Cash used in Investing Activities	-101.02	-217.34	1.90	-109.51	-151.58
Net Cash used in Financing Activities	-81.96	59.82	-81.19	-48.22	91.37

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	1,911.84	1,840	1,628.27	1,124.23	1,130.48
Total Expenses	1,483.88	1,486.02	1,376.93	984.04	1,002.68
Profit Before Tax	427.96	353.98	251.34	140.19	127.79
Profit After Tax	322.20	272.48	189.35	105.09	100.42
Operating Profit after Depreciation	433.35	359.42	252.99	143.87	132.10

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	204.37	210.24	193.82	205.44	228.33
Total Non Current Assets	501.94	483.71	464.86	461.11	487.89
Total Current Assets	1,399.82	1,098.64	796.64	708.52	513.42
TOTAL ASSETS	1,901.75	1,582.35	1,261.50	1,169.63	1,001.31
Total Shareholder's Fund	1,469.31	1,222	984.12	815.72	710.02

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	254.66	234.65	104.77	115.88	72.96
Net Cash used in Investing Activities	-90.80	-286.51	5.93	-52.52	-70.98
Net Cash used in Financing Activities	-69.29	48.88	-129.33	-5.23	0.43

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	868.86	801.06	865.94	821.83	806.12
Total Expenses	727.29	687.11	740.86	692.43	663.38
Profit Before Tax	130.67	100	110.10	114.31	130.05
Profit After Tax	94.72	72.84	76.24	83.88	91.29
Operating Profit after Depreciation	157.94	127.63	139.68	142.27	155.32

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	530.81	472.04	539.93	465.04	439.23
Total Expenses	416.49	377.62	420.42	363.44	340.23
Profit Before Tax	130.53	97.32	122.66	104.99	110.98
Profit After Tax	97.89	72.83	92.58	79.24	83.32
Operating Profit after Depreciation	140.31	107.62	133.85	116.06	120.81

Elgi Equipments Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 522.93

S2 515.62

S3 506.08

Pivot 532.47

R1 539.78

R2 549.32

R3 556.63

Moving Average

20 SMA 546.06

50 SMA 584.36

100 SMA 622.74

200 SMA 643.90

Elgi Equipments Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Elgi Equipments Ltd

₹2/Share

Announcement Date 24 Jul 2024

Record Date 25 Jul 2024

Div Yield 200%

AGM Date: 12 Aug 2022

AGM 12/08/2022 Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of the newspaper advertisement published in The Business Line (English)- All India Edition and The Hindu Tamil - Tamil Nadu Edition on July 15, 2022 regarding convening of sixty second Annual General Meeting through video conferencing. This will also be hosted on the Company's website at www.elgi.com. This is for your information and records. (As Per BSE Announcement Dated on 15/07/2022) Pursuant to Regulation 34 (1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Annual Report of the Company for the financial year 2021-22. (As Per BSE Announcement Dated on 20.07.2022) Pursuant to Regulation 34 (1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Report of the Company for the financial year 2021-22 (As Per BSE Announcement Dated on 22.07.2022) Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Sixty Second Annual General Meeting of the Company ('AGM') was duly held on Friday, August 12, 2022 at 4:15 P.M. (IST) through video conferencing (VC) / other audio visual means (OAVM) in compliance with MCA circular dated May 5, 2020, read with circulars dated April 8, 2020, April 13, 2020, June 15, 2020, September 28, 2020, December 31, 2020, January 13, 2021 and May 5, 2022 (collectively referred to as 'MCA Circulars') and the Securities and Exchange Board of India ('SEBI') vide circulars dated May 12, 2020, January 15, 2021 and May 13, 2022 and as per the applicable provisions of the Companies Act, 2013 read with the relevant rules made thereunder (As per BSE Announcement Dated on 12/08/2022) Pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the details regarding the voting results of the businesses transacted at the Sixty Second AGM of the Members of the Company held on Friday, August 12, 2022 at 4.15 P.M. through video conferencing / Other Audio Visual Means. We also enclose the consolidated report of the scrutinizer on remote e-voting and evoting at the AGM. A copy of the above is being uploaded in the website of the Company. Elgi Equipments Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 13/08/2022)

AGM Date: 04 Aug 2023

AGM 04/08/2023 Board recommended for the approval of the shareholders, a final dividend of Rs.2/- per equity share of Re.1/- each for the financial year ended March 31, 2023. The said dividend, if declared and approved by the shareholders at the forthcoming Annual General Meeting ('AGM'), shall be paid on or before September 3, 2023, to the shareholders whose name stands on the Register of Members and as beneficial owners with the depositories as on Friday, July 28, 2023. The Board of Directors of the Company, at its meeting held today, have decided that the sixty third AGM of the shareholders of the Company is scheduled to be held on Friday, August 4, 2023 through video conference and the Register of Members will be closed from Saturday, July 29, 2023 to Friday, August 4, 2023 (both days inclusive) for the purpose of determining the Members who are eligible to receive the final dividend, if any, declared by the shareholders at the AGM. Submission of Annual Report for the financial year 2022-23 (As Per BSE Announcement dated on 10.07.2023) Submission of the voting results of the sixty third annual general meeting of the Company held on August 4, 2023 and scrutinizers report on remote e-voting and e-voting at the AGM. (As Per BSE Announcement Dated on 05.08.2023)

AGM Date: 31 Jul 2024

Outcome of Board Meeting - 27/05/2024 Please find enclosed the Annual Report for the financial year 2023-24 (As Per BSE Announcement Dated on: 05/07/2024) The details regarding the voting results of the businesses transacted at the 64th AGM held on July 31, 2024, at 4.30 PM IST has been enclosed along with the Scrutinizer Report (As per BSE Announcement Dated on 01/08/2024)

Elgi Equipments Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Elgi Equipments Ltd	₹530.45	₹16,810.44
Cummins India Ltd	₹2,853	₹79,085.16
Thermax Ltd	₹3,680.25	₹43,852.50
Jyoti CNC Automation Ltd	₹1,051.50	₹23,913.54
Carborundum Universal Ltd	₹1,169.05	₹22,257.02
Grindwell Norton Ltd	₹1,898.60	₹21,021.30

Elgi Equipments Ltd News

Elgi Equipments to hold board meeting

On 10 February 2025

22 Jan 2025, 10:35 am

Elgi Equipments set to launch new product on 08 Feb

21 Jan 2025, 03:31 pm

Elgi Equipments to hold board meeting

On 11 November 2024

22 Oct 2024, 05:44 pm

Elgi Equipments grants 6,600 stock options under ESOP

12 Aug 2024, 01:23 pm

Elgi Equipments appoints Chief Information Officer

With effect from 12 August 2024

12 Aug 2024, 01:19 pm

Elgi Equipments Ltd Stock Analysis

Annual revenue for Elgi Equipments Ltd increased by 3.90% to ₹1,911.84 crore in FY 2024 from ₹1,840 crore in FY 2023.
Annual Net Profit for Elgi Equipments Ltd increased by 18.25% to ₹322.20 crore in FY 2024 from ₹272.48 crore in FY 2023.
Promoter Shareholding in Elgi Equipments Ltd remains unchanged by 0.00% in the most recent quarter, from 31.19% in September 2024 to 31.19% in December 2024.
Elgi Equipments Ltd delivered a 1-year return of -12.70% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
Elgi Equipments Ltd share price moved up by 1.46% from its previous close of INR ₹530.25. The latest Elgi Equipments Ltd share price is INR ₹538.
Elgi Equipments Ltd share price today has been at a low of 529.75 and a high of 539.05. Over the past 52 weeks, the Elgi Equipments Ltd share price has seen a low of 512.85 and a high of 798.95.

About Elgi Equipments Ltd

Elgi Equipments Ltd. is a prominent Indian company. It specialises in the manufacturing of air compressors. The company also produces related equipment to support various industrial applications. The company operates within the industrial machinery sector, offering diverse compressed air solutions. These solutions serve various industries, including manufacturing, construction, mining, and healthcare.

Founded in 1960, Elgi Equipments has many decades of experience in the industry. This long history highlights the company’s expertise in delivering dependable air compression solutions. It reinforces Elgi Equipments' reputation for quality and reliability in the industry. Elgi Equipments' headquarters are located in Coimbatore, Tamil Nadu, India. This central hub supports the company’s extensive global operations.

L. G. Varadaraj founded the company. Promoters include Dark Horse Portfolio Investment Private Limited, with a 20.10% stake. The promoters' vision has been crucial in positioning Elgi Equipments as a trusted name in the industry. Their leadership has driven the company’s reputation for quality and reliability. A team of professional managerial promoters manages the operations of the company-

Jairam Varadaraj
Anvar Jay Varadaraj
B Vijayakumar
Sudarsan Varadaraj
Ganesh Devaraj

Elgi Equipments provides a range of products, including oil-lubricated and oil-free compressors. Additionally, it offers portable accessories like air dryers to support diverse industrial needs. Elgi Equipments’ products are recognized for their efficiency, reliability, and innovative design. These qualities make them a preferred choice across various industrial applications.

Elgi Equipments holds a significant position in the global air compressor market. However, it is not currently the largest in terms of market share or market capitalization. Yet, it is recognized for its strong market presence and high-quality products. The company’s focus on innovation and customer satisfaction has helped it build a loyal customer base. This approach enables Elgi Equipments to maintain a competitive edge in the industry.

The registered office of Elgi Equipments Ltd is located in Singanallur, Coimbatore. Additionally, the registrar's office is situated in Senthil Nagar, Coimbatore. Elgi Equipments Ltd is a well-established and trusted name in the industrial machinery sector. It is known for its comprehensive range of air compression solutions and its commitment to quality and innovation.

Impact of Elgi Equipments Limited

Elgi Equipments Ltd has made a significant impact on the industrial machinery sector. This is particularly evident through its advancements in air compressor technology. The company’s contributions extend across various industries. These include manufacturing, construction, mining, and healthcare. Its innovative products and commitment to quality have set new standards in the industry. This influence has shaped market trends and customer expectations.

One of the most notable impacts of Elgi Equipment is its role in advancing air compressor technology. The company has consistently invested in research and development. This focus has led to the creation of more efficient and reliable compressors. These innovations have helped industries reduce energy consumption and operational costs. For example, Elgi’s oil-free compressors are designed to provide clean, contaminant-free air. This feature is crucial for industries like food processing and pharmaceuticals. This focus on innovation has positioned Elgi Equipments as a leader in the air compressor market.

Elgi Equipments has also played a crucial role in promoting sustainability within the industrial sector. The company is committed to developing eco-friendly products that minimize environmental impact. Its energy-efficient compressors help reduce carbon footprints. This aligns with global efforts to combat climate change. Elgi’s emphasis on sustainable manufacturing practices ensures its operations are environmentally responsible. Elgi's commitment to sustainability not only benefits the environment. It also enhances its reputation among environmentally conscious consumers and businesses.

Elgi Equipments’ impact extends to the economic development of its operating regions. The company provides employment opportunities to thousands of people, contributing to local economies. Its manufacturing facilities in India and abroad create jobs and support local businesses. Moreover, Elgi’s commitment to employee development and training ensures that its workforce is skilled. This capability enables them to meet industry demands effectively. This focus on human capital development benefits the company. It also contributes to the overall growth of the industrial sector.

The company’s involvement in community development initiatives further underscores its positive impact. Elgi Equipments actively participates in corporate social responsibility programs to improve local communities' education and healthcare. It also focuses on enhancing infrastructure. These initiatives reflect the company’s commitment to making a difference beyond its business operations.

Elgi Equipments’ influence on industry standards and practices is also noteworthy. The company’s adherence to high-quality standards and certifications has set a benchmark for others in the industry. Elgi’s products are certified by various international bodies, ensuring they meet stringent quality and safety requirements. This commitment to excellence has earned the company numerous awards and recognitions, further solidifying its reputation as a leader in the air compressor market.

The company’s strategic partnerships and collaborations have also significantly impacted its impact. Elgi Equipments has formed alliances with various global companies to enhance its product offerings and expand its market reach. These partnerships have enabled the company to leverage new technologies and expertise. This collaboration drives further innovation and growth. The collaborative approach has also facilitated knowledge sharing and best practices, benefiting the broader industrial machinery sector.