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  7. Elgi Equipments Ltd
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow

Elgi Equipments Ltd Stock Price Today (NSE: ELGIEQUIP)

Elgi Equipments Ltd

ELGIEQUIPCompressors, Pumps & Diesel Engines
₹546.15₹5.80 (1.05%)↓
As on 21 Apr 2026, 08:12 am ISTMarket Open

Fundamental Score

...

Elgi Equipments Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Elgi Equipments Ltd share price today is ₹546.15, down 1.05% on NSE/BSE as of 21 April 2026. Elgi Equipments Ltd (ELGIEQUIP) is a Mid-cap company in the Compressors, Pumps & Diesel Engines sector with a market capitalisation of ₹15.84K (Cr). The 52-week high for ELGIEQUIP share price is ₹608.40 and the 52-week low is ₹408.25. At a P/E ratio of 40.65x, ELGIEQUIP is currently trading below its industry average P/E of 40.97x. The company has a Return on Equity (ROE) of 20.06% and a debt-to-equity ratio of 0.26.

Elgi Equipments Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
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Change
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Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹546.15— Analysis below may reference an earlier price snapshot.

Financial Analysis of Elgi Equipments Share Price

The compressors, pumps, and diesel engines sector is currently experiencing a period of innovation driven by energy efficiency demands and increasing automation in manufacturing. This creates both opportunities and risks for companies within the space. This analysis examines the financial stability of Elgi Equipments, considering the context of the sector. The current Elgi Equipments share price is ₹485.3999938964844, with a Price-to-Earnings (PE) ratio of 40.65 and a Return on Capital Employed (ROCE) of 21.91%.

A PE ratio of 40.65 suggests that the market has high expectations for future earnings growth. To contextualize this, we need to consider Elgi Equipments' performance against its sector peers. For example, while a direct comparison of management quality is qualitative and subjective, it is essential to assess the consistency and strategic vision demonstrated by Elgi's management relative to peers like Greaves Cotton Ltd. This includes reviewing management's track record on capital allocation, innovation, and navigating market cycles.

The ROCE of 21.91% is a significant strength. It indicates that Elgi Equipments is generating substantial returns on its invested capital. This high ROCE contributes to building a stronger economic moat. A higher ROCE allows the company to reinvest earnings at a higher rate of return, potentially leading to accelerated growth and greater resilience against competitive pressures. Further analysis would involve examining the sustainability of this ROCE, considering factors such as competitive intensity, technological advancements, and regulatory changes. Other peers such as Ingersoll Rand India Ltd and Kirloskar Oil Engines Ltd offer a comparative analysis.

The overall financial stability of Elgi Equipments hinges on its ability to maintain its high ROCE, manage its valuation relative to its earnings growth, and effectively compete within the evolving compressor and pump market. This financial analysis is part of an 80-parameter fundamental audit verified by Sweta Mishra, designed to provide a comprehensive evaluation of the company's financial health. This analysis is purely observational and does not constitute any buy/sell recommendations.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Elgi Equipments Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
2 Apr 26₹479.10₹482.05₹460.10₹479.705.27L (Cr)
1 Apr 26₹479.00₹485.00₹473.60₹479.104.39L (Cr)
30 Mar 26₹473.40₹477.75₹464.80₹467.155.91L (Cr)
27 Mar 26₹484.90₹486.85₹471.80₹473.403.23L (Cr)
25 Mar 26₹483.00₹493.90₹483.00₹487.353.04L (Cr)
24 Mar 26₹484.00₹485.55₹468.25₹480.954.18L (Cr)
23 Mar 26₹478.15₹486.40₹455.00₹476.0511.24L (Cr)
20 Mar 26₹472.85₹486.00₹469.75₹480.053.48L (Cr)
19 Mar 26₹476.00₹478.45₹465.80₹467.052.01L (Cr)
18 Mar 26₹468.75₹489.45₹466.00₹482.104.93L (Cr)

Elgi Equipments Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
Apr 2026₹479.00₹485.00₹460.10₹479.70+0.15%
Mar 2026₹517.10₹527.00₹455.00₹467.15-9.66%
Feb 2026₹435.10₹552.50₹424.40₹534.75+22.90%
Jan 2026₹474.35₹486.65₹408.25₹431.20-9.10%
Dec 2025₹510.00₹515.00₹451.35₹473.75-7.11%
Nov 2025₹500.90₹534.40₹469.60₹510.50+1.92%
Oct 2025₹482.00₹509.90₹458.50₹497.40+3.20%
Sept 2025₹475.70₹513.30₹463.35₹482.20+1.37%
Aug 2025₹569.30₹588.70₹469.85₹471.85-17.12%
Jul 2025₹539.75₹608.40₹527.35₹568.35+5.30%
Jun 2025₹540.00₹563.55₹504.80₹536.45-0.66%
May 2025₹444.00₹548.40₹433.55₹535.20+20.54%

Returns & Performance

Excellent

ROE

20.06%
Excellent

ROCE

21.91%
Excellent

OPM (5Y)

13.87%

Div Yield

0.44%

Elgi Equipments Ltd Valuation Check

Average

P/E Ratio

40.65x
Poor

Industry P/E

40.97x
Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Market Cap

15.84K (Cr)

Shareholding Pattern

Excellent

Promoter

31.19%
Excellent

FII

26.12%
Average

DII

6.24%
Poor

Pledged

0.67%

Growth Engine

Excellent

Profit Growth (Q)

28.17%
Poor

Sales Growth (Q)

11.41%
Excellent

Sales Growth (5Y)

13.92%
Excellent

EPS Growth (5Y)

52.48%
Excellent

Profit Growth (5Y)

52.48%

Balance Sheet Health

Excellent

Debt to Equity

0.26x
Excellent

Int. Coverage

20.29x

Free Cash Flow (5Y)

905.59 (Cr)

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Elgi Equipments Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ELGIEQUIP across key market metrics for learning purposes.

Positive Indicators

10 factors identified

Strong Return on Equity (20.06%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (21.91%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Robust Profit Growth (28.17%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Consistent Growth Track Record (13.92% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (52.48% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (52.48% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.26)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (20.29x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹905.59 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Strong Institutional Confidence (FII+DII: 32.36%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Risk Factors

1 factors identified

Premium Valuation Risk (P/E: 40.65x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Peer Comparison - Compressors, Pumps & Diesel Engines

Compare Elgi Equipments Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Overall score
Valuation
Price metrics
Profitability
Return metrics
Financial Health
Debt management
Growth
5Y performance
Dividend
Yield %
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
Elgi Equipments LtdElgi Equipments...Selected✓
ELGIEQUIP • 522074
61.1/100
₹546.15₹546
₹15837.80₹15837.80
40.65Average
40.6
Average
20.06%Excellent
20.06%
Excellent
21.91%Excellent
21.91%
Excellent
0.26Excellent
0.3
Excellent
52.48%Excellent
52.48%
Excellent
13.92%Good
13.92%
Good
0.44%
Cummins India LtdCummins India L...
CUMMINSIND • 500480
71.7/100
₹5252.00₹5252
₹125949.76₹125949.76
54.65Average
54.6
Average
28.15%Excellent
28.15%
Excellent
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Kirloskar Oil Engines LtdKirloskar Oil E...
KIRLOSENG • 533293
60.8/100
₹1667.00₹1667
₹16257.45₹16257.45
33.40Average
33.4
Average
15.40%Good
15.40%
Good
0.00%Poor
0.00%
Poor
1.64Average
1.6
Average
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Kirloskar Brothers LimitedKirloskar Broth...
KIRLOSBROS • 500241
55.4/100
₹1754.90₹1755
₹13406.58₹13406.58
33.85Average
33.9
Average
21.62%Excellent
21.62%
Excellent
0.00%Poor
0.00%
Poor
0.10Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
KSB LtdKSB Ltd...
KSB • 500249
63.1/100
₹988.50₹989
₹12967.94₹12967.94
49.38Average
49.4
Average
17.72%Good
17.72%
Good
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Ingersoll Rand India LtdIngersoll Rand ...
INGERRAND • 500210
62.4/100
₹4148.60₹4149
₹11745.81₹11745.81
44.38Average
44.4
Average
45.01%Excellent
45.01%
Excellent
0.00%Poor
0.00%
Poor
0.02Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Shakti Pumps India LtdShakti Pumps In...
SHAKTIPUMP • 531431
66.5/100
₹561.75₹562
₹8149.18₹8149.18
20.28Average
20.3
Average
42.64%Excellent
42.64%
Excellent
0.00%Poor
0.00%
Poor
0.38Excellent
0.4
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Kirloskar Pneumatic Company LtdKirloskar Pneum...
KIRLPNU • 505283
50.5/100
₹1363.70₹1364
₹6959.84₹6959.84
36.49Average
36.5
Average
21.12%Excellent
21.12%
Excellent
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Oswal Pumps LimitedOswal Pumps Lim...
OSWALPUMPS • 544418
51.1/100
₹424.10₹424
₹6080.78₹6080.78
18.07Average
18.1
Average
87.50%Excellent
87.50%
Excellent
0.00%Poor
0.00%
Poor
0.08Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Swaraj Engines LtdSwaraj Engines ...
SWARAJENG • 500407
65.9/100
₹4066.10₹4066
₹4737.69₹4737.69
26.76Average
26.8
Average
41.94%Excellent
41.94%
Excellent
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Greaves Cotton LtdGreaves Cotton ...
GREAVESCOT • 501455
36.6/100
₹158.21₹158
₹4569.18₹4569.18
44.15Average
44.1
Average
4.11%Poor
4.11%
Poor
0.00%Poor
0.00%
Poor
0.13Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%

Elgi Equipments Ltd Financial Statements

Comprehensive financial data for Elgi Equipments Ltd including income statement, balance sheet and cash flow

About ELGIEQUIP (Elgi Equipments Ltd)

Elgi Equipments Ltd is a prominent global player in the engineering and manufacturing sector, specializing in compressed air solutions and related technologies. The company has car...ved a niche for itself by delivering a comprehensive range of compressors, pumps, and diesel engines designed to cater to a diverse array of industrial needs. From robust, heavy-duty applications to specialized, precision-demanding tasks, Elgi Equipments offers a portfolio engineered for efficiency, reliability, and performance. Their commitment to innovation is evident in their continuous development of energy-efficient systems and sustainable solutions, reflecting a dedication to both customer value and environmental responsibility. Through strategic partnerships and a global distribution network, Elgi Equipments ensures its products and services are readily accessible to businesses worldwide. At the heart of Elgi Equipments' offerings lies a sophisticated understanding of compressed air dynamics and industrial power. The company designs, manufactures, and markets a wide spectrum of air compressors, encompassing screw, piston, and centrifugal technologies, each meticulously crafted to meet specific operational requirements. Beyond compressors, Elgi Equipments also provides a selection of pumps and diesel engines, further expanding its ability to serve varied industrial applications. Their engineering prowess extends to ancillary equipment and aftermarket services, providing customers with complete system solutions and ongoing support. This holistic approach, coupled with a relentless focus on quality and technological advancement, solidifies Elgi Equipments as a trusted partner for businesses seeking efficient and dependable power solutions. Elgi Equipments sustains a significant global footprint, distributing its products through a network of subsidiaries, distributors, and service centers across multiple continents. Their customer-centric approach involves offering tailored solutions, responsive service, and ongoing maintenance programs to ensure optimal performance and longevity of their equipment. With a strong emphasis on research and development, Elgi Equipments consistently strives to enhance its product portfolio, incorporating the latest technological advancements and addressing evolving market demands. This commitment to innovation, coupled with its dedication to sustainability and customer satisfaction, positions Elgi Equipments for continued growth and leadership within the competitive landscape of compressed air and power solutions.

Company Details

Symbol:ELGIEQUIP
Industry:Compressors, Pumps & Diesel Engines
Sector:Compressors, Pumps & Diesel Engines
Website:https://www.elgi.com

Key Leadership

Dr. Jairam Varadaraj
CEO, MD & Executive Director
Mr. Indranil Sen
Chief Financial Officer
Mr. Ramesh Ponnuswami
Executive President of Operations & EBS

Corporate Events

Upcoming
Earnings Date
2026-02-09
Recent
Ex-Dividend Date
2025-07-18

ELGIEQUIP Share Price: Frequently Asked Questions

What is the current share price of Elgi Equipments Ltd?

As of 21 Apr 2026, 08:12 am IST, Elgi Equipments Ltd share price is ₹546.15. The Elgi Equipments Ltd stock has a market capitalisation of ₹15.84K (Cr) on NSE/BSE.

Is Elgi Equipments Ltd share price Overvalued or Undervalued?

Elgi Equipments Ltd share price is currently trading at a P/E ratio of 40.65x, compared to the industry average of 40.97x. Based on this relative valuation, the Elgi Equipments Ltd stock appears to be Undervalued against its sector peers.

What is the 52-week high and low of Elgi Equipments Ltd share price?

The 52-week high of Elgi Equipments Ltd share price is ₹608.40 and the 52-week low is ₹408.25. These values are updated daily from NSE/BSE price data.

What factors affect the Elgi Equipments Ltd share price?

Key factors influencing Elgi Equipments Ltd share price include quarterly earnings growth (Sales Growth: 11.41%), raw material costs, government spending, and institutional flows (FII/DII holding).

Is Elgi Equipments Ltd a good stock for long-term investment?

Elgi Equipments Ltd shows a 5-year Profit Growth of 52.48% and an ROE of 20.06%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.26 before investing in Elgi Equipments Ltd shares.

How does Elgi Equipments Ltd compare with its industry peers?

Elgi Equipments Ltd competes with major peers in the Compressors, Pumps & Diesel Engines. Investors should compare Elgi Equipments Ltd share price P/E of 40.65x and ROE of 20.06% against the industry averages to determine competitive standing.

What is the P/E ratio of Elgi Equipments Ltd and what does it mean?

Elgi Equipments Ltd share price has a P/E ratio of 40.65x compared to the industry average of 40.97x. Investors pay ₹41 for every ₹1 of annual earnings.

How is Elgi Equipments Ltd performing according to Bull Run's analysis?

Elgi Equipments Ltd has a Bull Run fundamental score of 61.1/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does Elgi Equipments Ltd belong to?

Elgi Equipments Ltd operates in the Compressors, Pumps & Diesel Engines industry. This classification helps understand the competitive landscape and sector-specific trends affecting Elgi Equipments Ltd share price.

What is Return on Equity (ROE) and why is it important for ELGIEQUIP?

ELGIEQUIP has an ROE of 20.06%, which indicates excellent management efficiency. ROE measures how efficiently Elgi Equipments Ltd generates profits from shareholders capital.

How is ELGIEQUIP debt-to-equity ratio and what does it indicate?

ELGIEQUIP has a debt-to-equity ratio of 0.26, which indicates conservative financing with low financial risk.

What is ELGIEQUIP dividend yield and is it a good dividend stock?

ELGIEQUIP offers a dividend yield of 0.44%, meaning you receive ₹0.44 annual dividend for every ₹100 invested in Elgi Equipments Ltd shares.

How has ELGIEQUIP share price grown over the past 5 years?

ELGIEQUIP has achieved 5-year growth rates of: Sales Growth 13.92%, Profit Growth 52.48%, and EPS Growth 52.48%.

What is the promoter holding in ELGIEQUIP and why does it matter?

Promoters hold 31.19% of ELGIEQUIP shares, with 0.67% pledged. High promoter holding often indicates strong management confidence in Elgi Equipments Ltd.

What is ELGIEQUIP market capitalisation category?

ELGIEQUIP has a market capitalisation of ₹15838 crores, placing it in the Mid-cap category.

How volatile is ELGIEQUIP stock?

ELGIEQUIP has a beta of N/A. A beta > 1 suggests the Elgi Equipments Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is ELGIEQUIP operating profit margin trend?

ELGIEQUIP has a 5-year average Operating Profit Margin (OPM) of 13.87%, indicating the company's operational efficiency.

How is ELGIEQUIP quarterly performance?

Recent quarterly performance shows Elgi Equipments Ltd YoY Sales Growth of 11.41% and YoY Profit Growth of 28.17%.

What is the institutional holding pattern in ELGIEQUIP?

ELGIEQUIP has FII holding of 26.12% and DII holding of 6.24%. Significant institutional holding often suggests professional confidence in the Elgi Equipments Ltd stock.

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