Elgi Equipments Ltd Share Price

Compressors / Drilling Equipment

NSE: ELGIEQUIP Small Cap ISIN: INE285A01027
As on 26 December 2024 at 17:43 IST
As on 26 December 2024 at 17:43 IST
585.80
+ 0.25
(0.04%)
Over 1 Month
-8.61%
Over 6 Months
-23.88%
Over 1 Year
9.03%
Over 3 Years
103.60%

Elgi Equipments Ltd Summary

Close 585.80
Open 586.20
High 591.85
Low 581.80
Volume 68,777
Net Turnover (in ₹) 6,81,18,920.50
52 Week High 798.95
52 Week Low 524
52Wk High / Low
524
798.95

Elgi Equipments Ltd Key Financial Data

Market Cap (in ₹ Cr) 18,556.61
EPS (TTM) 10.81
Book Value (BV) 50.12
Div. Yield 0.34
P/E (TTM) 54.16
Price/Book Value 11.68
Delivery % 51.65
Face Value 1

Elgi Equipments Ltd Key Ratios

P/E ratio 59.14
P/B 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 Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Elgi Equipments Ltd ₹585.45 ₹18,553.44
Cummins India Ltd ₹3,373.80 ₹93,521.74
Thermax Ltd ₹4,440 ₹52,905.40
Jyoti CNC Automation Ltd ₹1,349.65 ₹30,694.16
Carborundum Universal Ltd ₹1,290.75 ₹24,569.23
Jupiter Wagons Ltd ₹519.80 ₹22,065.41

Elgi Equipments Ltd News

Elgi Equipments to hold board meeting

On 11 November 2024

22 Oct 2024

Elgi Equipments grants 6,600 stock options under ESOP

12 Aug 2024

Elgi Equipments appoints Chief Information Officer

With effect from 12 August 2024

12 Aug 2024

Elgi Equipments Ltd Slides 3.15%, BSE Capital Goods index Shed 1.47%

Elgi Equipments Ltd has lost 6.7% over last one month compared to 0.14% fall in BSE Capital Goods index and 1.47% rise in the SENSEX

02 Aug 2024

Volumes jump at Elgi Equipments Ltd counter

Elgi Equipments Ltd saw volume of 14.85 lakh shares by 10:46 IST on BSE, a 100.9 fold spurt over two-week average daily volume of 14714 shares

23 Jul 2024

Elgi Equipments Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue1,911.841,8401,628.271,124.231,130.48
Total Expenses1,483.881,486.021,376.93984.041,002.68
Profit Before Tax427.96353.98251.34140.19127.79
Profit After Tax322.20272.48189.35105.09100.42
Operating Profit after Depreciation433.35359.42252.99143.87132.10

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets204.37210.24193.82205.44228.33
Total Non Current Assets501.94483.71464.86461.11487.89
Total Current Assets1,399.821,098.64796.64708.52513.42
TOTAL ASSETS1,901.751,582.351,261.501,169.631,001.31
Total Shareholder's Fund1,469.311,222984.12815.72710.02

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities254.66234.65104.77115.8872.96
Net Cash used in Investing Activities-90.80-286.515.93-52.52-70.98
Net Cash used in Financing Activities-69.2948.88-129.33-5.230.43

Elgi Equipments Ltd Corporate Actions

Elgi Equipments Ltd

₹2/Share

Announcement Date 24 Jul 2024
Record Date 25 Jul 2024
Div Yield 200%

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.

Elgi Equipments Ltd Stock Analysis

  1. 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.
  2. 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.
  3. Promoter Shareholding in Elgi Equipments Ltd remains unchanged by 0.00% in the most recent quarter, from 31.19% in June 2024 to 31.19% in September 2024.
  4. Elgi Equipments Ltd delivered a 1-year return of 9.03% compared to the Nifty 50, which provided a return of 10.66% as of the last trading session.
  5. Elgi Equipments Ltd share price moved up by 0.04% from its previous close of INR ₹585.55. The latest Elgi Equipments Ltd share price is INR ₹585.80.
  6. Elgi Equipments Ltd share price today has been at a low of 581.80 and a high of 591.85. Over the past 52 weeks, the Elgi Equipments Ltd share price has seen a low of 524 and a high of 798.95.

FAQ’s

What is the share price of Elgi Equipments Ltd today?

Elgi Equipments Ltd share price as on 26 Dec 2024 is ₹ 585.8

What is the Market Cap of Elgi Equipments Ltd?

The market cap of Elgi Equipments Ltd stock is ₹18,556.61 Cr.

What is the PE Ratio of Elgi Equipments Ltd?

The Price to Earnings (P/E) Ratio of Elgi Equipments Ltd is 59.14

What is the PB Ratio of Elgi Equipments Ltd?

The Price to Book (P/B) Ratio of Elgi Equipments Ltd is 12.97

What is the 52 week high of Elgi Equipments Ltd Share Price?

The 52 week high of Elgi Equipments Ltd share price stands at ₹798.95

What is the 52 week low of Elgi Equipments Ltd Share Price?

The 52 week low of Elgi Equipments Ltd share price stands at ₹524

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