StoxElgi Equipments vs Tega Industries: share price & financials comparison
NSE: ELGIEQUIP vs TEGA · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Elgi Equipments vs Tega Industries at a glance
Elgi Equipments (ELGIEQUIP) has a market capitalisation of ₹18,542 Cr, against ₹12,588 Cr for Tega Industries (TEGA). Over the past year Elgi Equipments has returned +21.3%, compared with -13.8% for Tega Industries. Elgi Equipments earns a higher return on equity (18.9% vs -2.2%). Elgi Equipments comes out ahead on size, profitability, growth, financial health, momentum and technicals. Across the scored metrics below, Elgi Equipments leads on 12 and Tega Industries on 3. On StoxGud's 10-point checklist, Elgi Equipments scores 9/10 and Tega Industries scores 3/10.
| Metric | Elgi Equipments | Tega Industries |
|---|---|---|
| Size | ||
| Market cap | ₹18,542 Cr | ₹12,588 Cr |
| Revenue (latest FY) | ₹3,951 Cr | ₹1,692 Cr |
| Net profit (latest FY) | ₹430 Cr | ₹143 Cr |
| Valuation | ||
| P/E | 40.8 | — |
| P/B | 7.72 | 3.93 |
| Dividend yield | 0.37% | 0.11% |
| Profitability | ||
| Return on equity | 18.9% | -2.2% |
| Net profit margin | 10.5% | -1.0% |
| Operating margin | 15.3% | 9.4% |
| Growth | ||
| Revenue growth (YoY) | +17.2% | +949.5% |
| Net profit growth (YoY) | +5.7% | -205.6% |
| Revenue CAGR (multi-year) | +15.5% | +15.5% |
| Financial health | ||
| Debt to equity | 0.15 | 3.59 |
| Momentum | ||
| 1-month return | -0.4% | -16.0% |
| 1-year return | +21.3% | -13.8% |
| 3-year CAGR | +4.5% | +16.8% |
| 5-year CAGR | +21.6% | — |
| 10-year CAGR | +21.3% | — |
| Distance from 52W high | -8.9% | -21.3% |
| Technicals | ||
| RSI (14) | 77 | 46 |
| Price vs 200-day avg | +5.1% | -2.8% |
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 | Elgi Equipments | Tega Industries |
|---|---|---|
| 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 | 9/10 | 3/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Elgi Equipments or Tega Industries?
Elgi Equipments has a market cap of ₹18,542 Cr and Tega Industries has a market cap of ₹12,588 Cr as of 13 Nov 2026.
Which gave better returns in the last year, Elgi Equipments or Tega Industries?
Elgi Equipments did better: Elgi Equipments returned +21.3% and Tega Industries returned -13.8% over one year.
What is the difference between Elgi Equipments and Tega Industries?
Both are NSE-listed companies in Capital Goods. Elgi Equipments is about 1.5 times the size of Tega Industries by market cap. In the latest financial year Elgi Equipments reported revenue of ₹3,951 Cr and Tega Industries ₹1,692 Cr. Operating margin is 15.3% for Elgi Equipments and 9.4% for Tega Industries. Debt to equity is 0.15 for Elgi Equipments and 3.59 for Tega Industries.
Which is better, Elgi Equipments or Tega Industries?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Elgi Equipments leads on 12 and Tega Industries on 3. Elgi Equipments is ahead on size, profitability, growth, financial health, momentum and technicals. On StoxGud's rules-based checklist Elgi Equipments scores 9/10 and Tega Industries scores 3/10. This is information, not advice: consult a SEBI-registered adviser before investing.