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Elgi Equipments Ltd

ELGIEQUIP

Elgi Equipments Ltd

ELGIEQUIP
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹19,665 cr, stock is ranked 357
High RiskStock is 3.16x as volatile as Nifty
603.451.32% (-8.05)
603.451.32% (-8.05)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹19,665 cr, stock is ranked 357
High RiskStock is 3.16x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹19,665 cr, stock is ranked 357
High RiskStock is 3.16x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
60.0212.210.32%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
51.337.400.53%

Forecast & Ratings

Detailed Forecast 
75%
Analysts have suggested that investors can buy this stock

from 4 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Elgi Equipments is an air compressor manufacturer. Its's products have application across various industries like food processing, pharmaceutical, automotive garages etc.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 11.82%, vs industry avg of 10.63%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 2.72% to 2.69%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 24.79%, vs industry avg of 23.32%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,411.211,383.751,616.901,875.061,843.661,948.682,581.003,215.783,277.933,415.23
Raw Materialssubtract765.22752.30927.361,028.491,010.29996.931,467.291,610.171,568.622,847.68
Power & Fuel Costsubtract16.1015.6718.0918.4118.6716.6521.3924.5126.53
Employee Costsubtract256.74253.82281.26340.83404.56411.74483.95571.89654.91
Selling & Administrative Expensessubtract165.53139.67146.45160.33169.60116.39165.04234.11254.47
Operating & Other expensessubtract74.7567.8855.95121.4388.52164.9190.86162.86222.59
Depreciation/Amortizationsubtract43.5844.6443.8251.1165.2374.3474.4977.7276.6577.39
Interest & Other Itemssubtract13.959.327.3810.9717.2314.9714.9524.1433.9935.05
Taxes & Other Itemssubtract24.4126.4541.3140.4426.9950.2784.61139.56128.29127.43
EPS1.612.343.013.251.343.235.6311.709.8410.34
DPS0.500.500.600.650.830.801.152.002.002.00
Payout ratio0.310.210.200.200.610.250.200.170.200.19

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2017

Annual report

PDF

Investor Presentation

Feb 15PDF
FY 2021

Annual report

PDF

Investor Presentation

Feb 26PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Elgi Equipments Ltd63.0612.210.32%
Cummins India Ltd56.8114.781.08%
Thermax Limited81.0511.780.26%
AIA Engineering Ltd28.594.870.46%

Price Comparison

Compare ELGIEQUIP with any stock or ETF
Compare ELGIEQUIP with any stock or ETF
ELGIEQUIP
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding31.19%3.50%1.55%29.40%34.35%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep29.33%28.82%29.02%29.54%29.47%29.40%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Elgi Equipments Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI Small Cap Fund - Growth - Direct Plan

Growth
3.2536%1.92%-0.18%20/61 (-4)
Union Small Cap Fund - Growth - Direct Plan

Growth
0.1020%1.21%-0.13%58/87 (+4)
Nippon India Nifty Smallcap 250 Index Fund - Growth - Direct Plan

Growth
0.0687%0.72%-0.08%80/294 (-1)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.32%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.22 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 24, 2024

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Jul 24, 2024

Cash Dividend

Ex DateEx DateJul 28, 2023

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Jul 28, 2023

Cash Dividend

Ex DateEx DateAug 4, 2022

Final
Final | Div/Share: ₹1.15

Dividend/Share

1.15

Ex DateEx Date

Aug 4, 2022

Cash Dividend

Ex DateEx DateJul 23, 2021

Final
Final | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Jul 23, 2021

Cash Dividend

Ex DateEx DateMar 18, 2020

Interim
Interim | Div/Share: ₹1.65

Dividend/Share

1.65

Ex DateEx Date

Mar 18, 2020

News & Opinions
Earnings
Elgi Equipments consolidated net profit rises 3.76% in the September 2024 quarter

Net profit of Elgi Equipments rose 3.76% to Rs 94.72 crore in the quarter ended September 2024 as against Rs 91.29 crore during the previous quarter ended September 2023. Sales rose 7.78% to Rs 868.86 crore in the quarter ended September 2024 as against Rs 806.12 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales868.86806.12 8 OPM %16.2917.71 - PBDT149.55148.71 1 PBT130.69130.05 0 NP94.7291.29 4 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Elgi Equipments to hold board meeting

Elgi Equipments will hold a meeting of the Board of Directors of the Company on 11 November 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Elgi Equipments grants 6,600 stock options under ESOP

Elgi Equipments has granted 6,600 stock options to the eligible employees of the Company under the Elgi Equipments Limited Employees Stock Option Plan, 2019.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Elgi Equipments appoints Chief Information Officer

Elgi Equipments has appointed Gaurav Gupta as Chief Information Officer, Senior Management Personnel of the Company with effect from 12 August 2024. Powered by Capital Market - Live

4 months agoCapital Market - Live

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

4 months agoBusiness Standard
Spotlight
Elgi Equipments Ltd Slides 3.15%, BSE Capital Goods index Shed 1.47%

Elgi Equipments Ltd fell 3.15% today to trade at Rs 687.7. The BSE Capital Goods index is down 1.47% to quote at 73654.24. The index is down 0.14 % over last one month. Among the other constituents of the index, Kaynes Technology India Ltd decreased 2.8% and GMR Airports Infrastructure Ltd lost 2.61% on the day. The BSE Capital Goods index went up 72.14 % over last one year compared to the 24.4% surge in benchmark SENSEX. 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. On the BSE, 699 shares were traded in the counter so far compared with average daily volumes of 83064 shares in the past one month. The stock hit a record high of Rs 799 on 24 Jun 2024. The stock hit a 52-week low of Rs 462.5 on 28 Aug 2023.Powered by Capital Market - Live

4 months agoCapital Market - Live

Elgi Equipments consolidated net profit rises 20.44% in the June 2024 quarter

4 months agoBusiness Standard
Earnings
Elgi Equipments consolidated net profit rises 20.44% in the June 2024 quarter

Net profit of Elgi Equipments rose 20.44% to Rs 72.84 crore in the quarter ended June 2024 as against Rs 60.48 crore during the previous quarter ended June 2023. Sales rose 10.66% to Rs 801.06 crore in the quarter ended June 2024 as against Rs 723.88 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales801.06723.88 11 OPM %14.2212.24 - PBDT119.06104.23 14 PBT100.0085.70 17 NP72.8460.48 20 Powered by Capital Market - Live

4 months agoCapital Market - Live

Stock Alert: GAIL, Tata Consumer Products, Torrent Power, Macrotech Developers, Indus Towers, Zaggle Prepaid

4 months agoBusiness Standard

Union Budget 2024: Elgi Equipments, Shakti Pumps shares rise up to 5% ahead of FM’s speech, here’s why

4 months agoBusiness Today