Is Elgi Equipments Ltd. a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Elgi Equipments Ltd. and arrived at the following conclusion.

Is the current market price of Elgi Equipments Ltd. a good price to buy it?

The 5-year analysis of Elgi Equipments Ltd.'s performance infers.

What is Elgi Equipments Ltd. share price return in the past 10 years?

We analysed the performance of Elgi Equipments Ltd. share prices over the last 10 years. Here is what we found out:

What is a Financial Track Record? How to read this chart in order to understand the data present here?

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Elgi Equipments Ltd.

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

What is CAGR? What does CAGR table indicate for Elgi Equipments Ltd.?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Elgi Equipments incorporates WOS company in Australia

Elgi Equipments Ltd. | Compressors / Pumps | Capital Goods & Industrial Consumables | BSE: 522074 | NSE: ELGIEQUIP

18 Jul 2018

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Elgi Equipments has incorporated a new company in Australia by name ‘Industrial Air Compressors’ as a wholly owned subsidiary (WOS) company. The percentage of shareholding is 100% with initial subscription of 120 Shares of Australian Dollar 1 each. Industrial Air Compressors is yet to begin its business and commercial operations.

Elgi Equipments is a holding company and an air compressor manufacturer. The company’s segments include Compressors, Automotive Equipments and Others.

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