Elgi Equipments Ltd.

NSE: ELGIEQUIP · Capital Goods

₹556.90+1.79%06 Nov 2026

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Instant answers about Elgi Equipments Ltd. — computed from its filings, no language model

Market cap₹17,649 cr

Current price₹556.90

High / Low₹642 / ₹416

P/E38.8

P/B7.35

Book value₹75.8

ROE18.9%

ROCE22.6%

Debt / equity0.15

Dividend yield0.39%

EPS (TTM)₹14.35

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	FY18	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1,622	1,829	1,924	2,525	3,041	3,218	3,510	3,951
EBITDA	176	136	216	292	433	486	525	579
Operating margin	10.9%	7.4%	11.2%	11.6%	14.2%	15.1%	15.0%	14.7%
Interest	6	16	13	11	20	29	30	25
Depreciation	45	65	74	74	78	77	76	86
Profit before tax	135	68	151	262	508	435	476	571
Tax	41	27	50	85	140	128	131	147
Net profit	95	43	102	178	371	312	350	430
EPS ₹	6.02	2.69	4.61	321.95	11.72	9.86	11.09	13.65
Operating cash flow	—	—	—	69	166	288	391	454
Capex	—	—	—	41	69	49	95	154
Dividend paid	—	—	—	25	36	63	63	69
Total assets	1,259	1,555	1,767	1,965	2,502	2,821	3,042	3,546
Equity	689	769	870	1,033	1,371	1,611	1,866	2,232

Quarterly performance

last 33 quarters · ₹ crore

showing latest 8 of 33 periods

	MAR '18	SEP '18	DEC '18	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	462	452	470	467	445	463	455	286	480	547	611	489	652	656	728	694	739	772	836	724	806	822	866	801	869	848	993	867	968	1,003	1,113	1,062	1,134
Operating profit	52	43	47	41	33	32	27	9	66	61	79	32	80	74	106	78	113	115	127	89	143	129	125	114	142	119	150	121	140	144	174	155	185
Operating margin	11.2%	9.6%	10.1%	8.8%	7.5%	7.0%	5.9%	3.0%	13.8%	11.2%	13.0%	6.6%	12.3%	11.3%	14.6%	11.3%	15.2%	14.8%	15.2%	12.2%	17.7%	15.7%	14.5%	14.2%	16.3%	14.1%	15.1%	14.0%	14.5%	14.3%	15.7%	14.6%	16.3%
Other income	4	3	2	4	3	8	1	6	5	7	6	12	17	11	15	12	15	18	23	18	12	11	15	14	14	13	17	20	51	24	22	20	21
Interest	2	2	3	4	4	4	4	4	3	3	3	3	3	3	2	3	5	6	5	5	7	8	10	9	8	6	8	7	7	5	6	6	5
Depreciation	11	12	15	15	16	17	18	17	18	19	20	19	18	18	20	19	20	20	20	19	19	19	20	19	19	19	20	19	21	21	25	25	26
Profit before tax	42	31	32	26	17	19	6	-7	50	46	62	23	76	64	99	68	103	106	231	83	129	113	110	100	128	109	139	115	164	127	165	138	171
Tax	15	8	9	9	6	7	5	2	18	11	19	11	25	22	27	22	32	25	61	25	39	30	34	27	36	30	38	32	46	34	36	36	45
Net profit	27	25	23	17	12	13	1	-9	33	35	43	12	0	42	73	49	72	80	170	60	91	84	76	73	95	81	102	86	121	95	128	103	128
EPS ₹	1.71	1.61	1.48	1.07	0.74	0.81	0.07	-0.55	1.05	1.09	2.74	0.76	1.63	1.32	318.62	1.54	2.27	2.53	5.38	1.91	2.89	2.65	2.41	2.30	2.99	2.55	3.23	2.71	3.85	3.01	4.06	3.28	4.07
Revenue YoY	—	—	—	—	-1.6%	-1.5%	—	-38.7%	8.0%	18.1%	34.3%	71.1%	35.8%	19.8%	19.2%	41.8%	13.3%	17.8%	14.9%	4.3%	9.1%	6.4%	3.6%	10.7%	7.8%	3.1%	14.7%	8.2%	11.4%	18.4%	12.1%	22.6%	17.2%
Profit YoY	—	—	—	—	-54.3%	-45.1%	—	-151.3%	185.4%	169.1%	4029.5%	—	-100.0%	20.6%	68.5%	305.1%	—	91.9%	132.8%	24.2%	26.9%	4.8%	-55.2%	20.4%	3.8%	-3.9%	33.8%	17.5%	28.2%	18.1%	25.5%	20.7%	5.7%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Elgi Equipments Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	480	583	776	795	817	828	776	869	935
Operating profit	66	98	127	106	98	122	89	126	112
Operating margin	13.8%	16.8%	16.3%	13.3%	12.1%	14.7%	11.5%	14.5%	12.0%
Other income	5	2	2	5	13	6	12	13	14
Interest	1	4	8	—	—	1	4	4	1
Depreciation	8	9	10	12	14	18	29	36	37
Profit before tax	63	88	127	106	97	109	69	44	88
Tax	24	33	46	30	26	31	13	20	20
Net profit	40	55	81	76	71	78	56	24	68

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	118	101	126	114	128	121	118	114	138	155	176	172	208	199	197	181	190	204	220	185	205	195	231	215	186	198	229	180	188	189	220	186	194	222	267	207	226	232	270	235	234	268
Operating profit	17	12	16	14	18	17	17	19	26	26	27	27	41	31	28	23	25	29	29	26	25	21	27	33	29	27	33	19	24	20	26	24	28	34	40	26	27	25	35	26	30	32
Operating margin	14.5%	12.0%	12.6%	12.5%	14.0%	14.1%	14.6%	16.5%	18.7%	17.1%	15.2%	15.7%	19.7%	15.4%	14.3%	12.7%	13.4%	14.0%	13.0%	13.8%	12.0%	11.0%	11.6%	15.4%	15.4%	13.8%	14.2%	10.7%	12.8%	10.5%	11.8%	13.1%	14.2%	15.2%	15.1%	12.4%	11.8%	10.7%	12.8%	10.9%	12.8%	12.1%
Other income	3	1	1	2	2	0	1	1	0	0	0	0	1	0	1	0	1	0	4	4	2	1	5	1	1	2	1	2	6	3	1	2	7	1	2	7	2	2	3	8	3	2
Interest	0	0	0	0	0	0	0	1	1	1	1	1	2	2	3	3	2	2	—	—	0	0	0	0	0	0	0	0	1	1	1	1	1	1	1	0	0	0	0	0	0	0
Depreciation	2	2	2	2	2	2	2	2	2	2	2	2	2	2	3	3	3	3	3	3	3	4	4	4	5	5	5	5	6	9	9	8	9	9	10	9	9	9	10	9	9	9
Profit before tax	18	11	14	14	17	16	16	18	25	25	20	27	41	31	29	24	25	28	29	26	24	19	28	31	25	24	29	16	23	13	17	17	24	25	-23	24	20	17	27	22	23	25
Tax	5	2	4	6	6	6	6	7	9	9	9	8	14	10	14	7	8	8	7	8	7	5	6	9	7	7	7	4	2	2	4	5	3	6	6	4	4	4	8	5	6	5
Net profit	13	8	10	9	11	10	10	11	16	16	11	19	27	21	14	17	17	20	22	19	17	14	22	22	18	17	22	11	21	11	13	12	21	19	-29	20	16	13	19	17	17	19
EPS ₹	2.10	1.30	1.63	1.37	1.83	1.58	1.55	1.74	2.61	2.11	1.46	2.37	3.42	1.36	0.91	1.05	1.10	1.26	1.40	1.19	1.06	0.87	1.38	1.37	1.14	1.06	1.36	0.71	1.32	0.67	0.80	0.77	1.36	1.20	-1.82	1.26	1.01	0.84	1.21	1.04	1.10	1.22
Revenue YoY	—	—	—	—	8.5%	19.7%	-6.0%	-0.2%	8.4%	28.2%	48.8%	51.5%	50.1%	28.4%	12.1%	5.2%	-8.6%	2.6%	11.6%	2.3%	7.8%	-4.2%	5.2%	16.1%	-9.1%	1.5%	-1.0%	-16.4%	0.9%	-4.7%	-4.2%	3.7%	3.5%	17.3%	21.5%	11.2%	16.3%	4.9%	1.1%	13.3%	3.4%	15.4%
Profit YoY	—	—	—	—	-12.9%	19.4%	-4.8%	26.8%	42.6%	66.4%	17.6%	69.7%	64.7%	29.7%	26.4%	-10.4%	-35.6%	-7.0%	53.2%	13.1%	-3.6%	-30.6%	-1.0%	15.5%	8.3%	22.0%	-1.6%	-48.0%	15.4%	-36.8%	-40.9%	8.0%	2.6%	78.2%	-326.4%	63.5%	-25.3%	-29.9%	—	-17.1%	8.7%	45.8%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 27 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	5.5%	2.2%	5.0%	7.8%	11.8%	14.2%	10.3%	11.2%	12.3%	15.8%	20.9%	24.3%	27.0%	27.9%	27.5%	27.8%	19.4%	20.1%	19.0%	18.8%	18.8%	19.5%	19.4%	20.1%	19.3%	20.1%	18.9%
ROCE	7.2%	4.4%	7.2%	9.5%	13.0%	15.2%	17.3%	18.7%	19.4%	22.7%	20.0%	22.7%	28.1%	29.0%	28.4%	28.8%	21.4%	22.3%	22.3%	22.0%	21.5%	22.1%	22.8%	23.5%	22.6%	23.4%	22.6%
Net margin	2.3%	1.0%	2.3%	3.4%	5.3%	5.8%	3.9%	4.0%	5.0%	6.0%	8.4%	9.3%	12.2%	12.5%	12.8%	12.7%	9.7%	9.8%	9.8%	9.6%	10.0%	10.1%	10.6%	10.6%	10.9%	10.8%	10.5%
EBITDA margin	7.3%	6.2%	8.0%	9.2%	11.2%	11.2%	11.0%	11.0%	11.6%	12.4%	13.2%	14.0%	14.2%	14.4%	15.1%	15.3%	15.1%	15.5%	15.2%	14.8%	15.0%	14.9%	14.4%	14.5%	14.7%	14.8%	15.3%
Debt / equity	0.51	0.51	0.51	0.51	0.46	0.46	0.46	0.46	0.36	0.36	0.54	0.54	0.37	0.37	0.38	0.38	0.35	0.35	0.26	0.26	0.26	0.26	0.21	0.21	0.18	0.18	0.15
Interest coverage	5.39	3.34	5.53	7.60	12.23	15.22	18.18	19.95	24.54	28.92	26.02	23.43	26.70	25.16	24.76	23.09	15.82	14.59	13.87	14.91	16.64	17.82	19.94	21.02	23.47	25.63	28.33
Asset turnover	1.18	1.06	1.08	1.14	1.09	1.20	1.30	1.36	1.28	1.39	1.21	1.26	1.22	1.23	1.20	1.22	1.14	1.17	1.21	1.22	1.15	1.18	1.16	1.21	1.11	1.17	1.18

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 14 periods

	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	16	16	16	32	32	32	32	32	32	32	32	32	32	32
Other equity / reserves	673	755	753	838	1,001	1,095	1,339	1,430	1,579	1,691	1,834	1,976	2,200	2,370
Total equity	689	771	769	870	1,033	1,126	1,371	1,462	1,611	1,723	1,866	2,008	2,232	2,402
Borrowings	223	193	390	398	372	606	509	551	560	454	491	425	405	356
Current liabilities	496	521	630	749	806	1,082	1,021	1,051	1,104	975	1,082	1,063	1,196	1,124
Non-current liabilities	74	94	156	148	126	123	109	105	106	83	94	106	118	114
Total assets	1,259	1,385	1,555	1,767	1,965	2,332	2,502	2,618	2,821	2,781	3,042	3,177	3,546	3,641
Property, plant & equipment	293	299	303	258	245	304	346	347	349	278	354	386	434	424
Capital work-in-progress	1	5	4	4	7	22	3	6	10	13	53	77	136	172
Investments	15	14	12	24	31	37	37	43	41	44	81	95	165	270
Inventories	274	279	343	343	483	619	602	629	622	686	608	644	711	777
Receivables	343	367	347	400	472	479	551	554	603	623	608	616	724	650
Cash & equivalents	65	70	46	128	117	127	125	155	229	119	120	166	164	160

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 9 periods

	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	47	172	35	240	69	166	288	391	454
Cash from investing	-53	-107	-152	-110	2	-217	-101	-283	-98
Cash from financing	-10	-60	91	-48	-81	60	-82	-217	-312
Capex	28	54	44	31	41	69	49	95	154
Free cash flow	19	118	-8	209	28	97	239	296	299
Dividends paid	16	19	46	0	25	36	63	63	69

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹424 cr12%

CWIP

₹172 cr5%

Investments

₹270 cr7%

Inventories

₹777 cr21%

Receivables

₹650 cr18%

Cash & equivalents

₹160 cr4%

Other assets

₹1,188 cr33%

Peer comparison

largest in Capital Goods · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Hindustan Aeronautics Ltd.	3,33,052	4,980.00	35.7	8.12	22.7%
Bharat Electronics Ltd.	2,89,468	396.00	45.2	11.02	24.4%
Tata Motors Ltd.	1,56,797	425.50	24.8	10.26	41.3%
Bharat Heavy Electricals Ltd.	1,45,828	418.80	50.7	5.45	10.8%
ABB India Ltd.	1,43,541	6,774.00	55.7	15.37	27.6%
Siemens Ltd.	1,26,736	3,560.00	28.2	8.02	28.4%
Hitachi Energy India Ltd.	1,23,988	27,800.00	107.8	23.95	22.2%
CG Power and Industrial Solutions Ltd.	1,21,786	773.00	89.1	13.94	15.6%
Polycab India Ltd.	1,18,610	7,871.00	37.6	9.06	24.1%
Cummins India Ltd.	1,12,233	4,048.80	49.8	13.52	27.1%
Elgi Equipments Ltd.	17,649	556.90	38.8	7.35	18.9%

StoxGud checklist: Bullish setup · 9/10

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

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-7.5%

6 months-1.0%

1 year+10.2%

3Y CAGR+3.3%

5Y CAGR+22.3%

10Y CAGR+19.2%

50-day avg₹584.51

200-day avg₹553.75

RSI (14)46

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FAQs

What is the share price of Elgi Equipments Ltd.?

Elgi Equipments Ltd. (ELGIEQUIP) closed at ₹556.90 on NSE on 06 Nov 2026.

What is the market cap of Elgi Equipments Ltd.?

₹17,649 crore at the latest close.

What is the P/E ratio of Elgi Equipments Ltd.?

38.8, on trailing-twelve-month earnings from its filings.

How fast is Elgi Equipments Ltd. growing?

Elgi Equipments Ltd.: revenue has compounded at 9.1% a year over three years; net profit at 5.1% a year. Latest-quarter revenue is up 17.2% year on year, profit up 5.7%.

How profitable is Elgi Equipments Ltd.?

On a trailing-twelve-month basis return on equity is 18.9%, return on capital employed 22.6%, operating margin 15.3%, net margin 10.5%.

How much debt does Elgi Equipments Ltd. have?

Elgi Equipments Ltd. is lightly geared: debt to equity is 0.15 with borrowings of ₹356 cr against cash of ₹160 cr (balance sheet of 2026-09-30). Operating profit covers interest 28.3 times.

Financials parsed from Elgi Equipments Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Mar '18. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.