StoxBEML vs Elgi Equipments: share price & financials comparison
NSE: BEML vs ELGIEQUIP · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
BEML vs Elgi Equipments at a glance
BEML (BEML) has a market capitalisation of ₹17,529 Cr, against ₹18,542 Cr for Elgi Equipments (ELGIEQUIP). Over the past year Elgi Equipments has returned +21.3%, compared with -2.4% for BEML. On valuation, Elgi Equipments trades at a lower P/E of 40.8 versus 107.1. Elgi Equipments earns a higher return on equity (18.9% vs 5.7%). BEML comes out ahead on valuation, momentum and technicals. Elgi Equipments comes out ahead on size, profitability and financial health. Across the scored metrics below, BEML leads on 8 and Elgi Equipments on 9. On StoxGud's 10-point checklist, BEML scores 6/10 and Elgi Equipments scores 9/10.
| Metric | BEML | Elgi Equipments |
|---|---|---|
| Size | ||
| Market cap | ₹17,529 Cr | ₹18,542 Cr |
| Revenue (latest FY) | ₹4,351 Cr | ₹3,951 Cr |
| Net profit (latest FY) | ₹142 Cr | ₹430 Cr |
| Valuation | ||
| P/E | 107.1 | 40.8 |
| P/B | 6.10 | 7.72 |
| Dividend yield | 0.51% | 0.37% |
| Profitability | ||
| Return on equity | 5.7% | 18.9% |
| Net profit margin | 3.3% | 10.5% |
| Operating margin | 7.3% | 15.3% |
| Growth | ||
| Revenue growth (YoY) | +42.0% | +17.2% |
| Net profit growth (YoY) | — | +5.7% |
| Revenue CAGR (multi-year) | +4.1% | +15.5% |
| Financial health | ||
| Debt to equity | 0.22 | 0.15 |
| Momentum | ||
| 1-month return | +6.1% | -0.4% |
| 1-year return | -2.4% | +21.3% |
| 3-year CAGR | +23.8% | +4.5% |
| 5-year CAGR | +25.7% | +21.6% |
| 10-year CAGR | +19.2% | +21.3% |
| Distance from 52W high | -1.7% | -8.9% |
| Technicals | ||
| RSI (14) | 67 | 77 |
| Price vs 200-day avg | +15.6% | +5.1% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | BEML | Elgi Equipments |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✓ | ✓ |
| 50-day average above 200-day (uptrend) | ✓ | ✓ |
| RSI in healthy 40–70 zone | ✓ | ✗ |
| Positive 1-year return | ✗ | ✓ |
| Return on equity above 15% | ✗ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✓ |
| P/E below industry median | ✗ | ✓ |
| Score | 6/10 | 9/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, BEML or Elgi Equipments?
BEML has a market cap of ₹17,529 Cr and Elgi Equipments has a market cap of ₹18,542 Cr as of 13 Nov 2026.
Which has a lower P/E, BEML or Elgi Equipments?
Elgi Equipments has the lower P/E: BEML trades at 107.1 and Elgi Equipments at 40.8.
Which gave better returns in the last year, BEML or Elgi Equipments?
Elgi Equipments did better: BEML returned -2.4% and Elgi Equipments returned +21.3% over one year.
What is the difference between BEML and Elgi Equipments?
Both are NSE-listed companies in Capital Goods. They are about the same size by market cap (₹17,529 Cr vs ₹18,542 Cr). In the latest financial year BEML reported revenue of ₹4,351 Cr and Elgi Equipments ₹3,951 Cr. Operating margin is 7.3% for BEML and 15.3% for Elgi Equipments. Debt to equity is 0.22 for BEML and 0.15 for Elgi Equipments.
Which is better, BEML or Elgi Equipments?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, BEML leads on 8 and Elgi Equipments on 9. BEML is ahead on valuation, momentum and technicals. Elgi Equipments is ahead on size, profitability and financial health. On StoxGud's rules-based checklist BEML scores 6/10 and Elgi Equipments scores 9/10. This is information, not advice: consult a SEBI-registered adviser before investing.