StoxCarborundum Universal vs Elgi Equipments: share price & financials comparison
NSE: CARBORUNIV vs ELGIEQUIP · Capital Goods · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Carborundum Universal vs Elgi Equipments at a glance
Carborundum Universal (CARBORUNIV) has a market capitalisation of ₹19,837 Cr, against ₹17,649 Cr for Elgi Equipments (ELGIEQUIP). Over the past year Carborundum Universal has returned +11.7%, compared with +10.2% for Elgi Equipments. On valuation, Elgi Equipments trades at a lower P/E of 38.8 versus 134.8. Elgi Equipments earns a higher return on equity (18.9% vs 3.7%). Carborundum Universal comes out ahead on valuation, financial health and technicals. Elgi Equipments comes out ahead on size, profitability, growth and momentum. Across the scored metrics below, Carborundum Universal leads on 5 and Elgi Equipments on 13. On StoxGud's 10-point checklist, Carborundum Universal scores 6/10 and Elgi Equipments scores 9/10.
| Metric | Carborundum Universal | Elgi Equipments |
|---|---|---|
| Size | ||
| Market cap | ₹19,837 Cr | ₹17,649 Cr |
| Revenue (latest FY) | ₹5,206 Cr | ₹3,951 Cr |
| Net profit (latest FY) | ₹195 Cr | ₹430 Cr |
| Valuation | ||
| P/E | 134.8 | 38.8 |
| P/B | 5.03 | 7.35 |
| Dividend yield | 0.51% | 0.39% |
| Profitability | ||
| Return on equity | 3.7% | 18.9% |
| Net profit margin | 2.6% | 10.5% |
| Operating margin | 11.1% | 15.3% |
| Growth | ||
| Revenue growth (YoY) | +13.2% | +17.2% |
| Net profit growth (YoY) | -83.3% | +5.7% |
| Revenue CAGR (multi-year) | +14.6% | +15.5% |
| Financial health | ||
| Debt to equity | 0.09 | 0.15 |
| Momentum | ||
| 1-month return | -17.1% | -7.5% |
| 1-year return | +11.7% | +10.2% |
| 3-year CAGR | -1.2% | +3.3% |
| 5-year CAGR | +3.5% | +22.3% |
| 10-year CAGR | +14.4% | +19.2% |
| Distance from 52W high | -19.7% | -13.3% |
| Technicals | ||
| RSI (14) | 42 | 46 |
| Price vs 200-day avg | +3.2% | +0.6% |
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 | Carborundum Universal | 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, Carborundum Universal or Elgi Equipments?
Carborundum Universal has a market cap of ₹19,837 Cr and Elgi Equipments has a market cap of ₹17,649 Cr as of 06 Nov 2026.
Which has a lower P/E, Carborundum Universal or Elgi Equipments?
Elgi Equipments has the lower P/E: Carborundum Universal trades at 134.8 and Elgi Equipments at 38.8.
Which gave better returns in the last year, Carborundum Universal or Elgi Equipments?
Carborundum Universal did better: Carborundum Universal returned +11.7% and Elgi Equipments returned +10.2% over one year.
Is Carborundum Universal or Elgi Equipments a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Carborundum Universal scores 6/10 and Elgi Equipments scores 9/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.