MoneyWorks4Me analysed the past 10-year performance of Elgi Equipments Ltd and arrived at the following conclusion:
The 5-year analysis of Elgi Equipments Ltd's performance infers:
We analysed the performance of Elgi Equipments Ltd share prices over the last 10 years. Here is what we found out:
Elgi Equipments incorporated in 1960; is engaged in manufacturing of air compressors and automobile service station equipment.
Products manufactured by company has wide applications in the area of mining, pharmaceuticals, ship building, power, oil, chemicals, textiles, printing, paper, transport, electronics, telecommunications, defence, medical, railways, food and beverages and plastics.
ELGI has received ISO 9001:2000 certification for its quality management. The company has
ELGI has received ISO 9001:2000 certification for its quality management. The company has network of 114 dealers.
The company has global presence in countries namely Europe, North America, Latin America, Africa, Australia, Middle East, South East Asia, West Asia and the Far East.
Products Rotary Screw Air Compressors- Under this company designs and manufactures electric and diesel powered screw air compressor. Under this the company manufactures wide range of products such as electric powered screw air compressors, airends, oil-free screw air compressor, centrifugal air compressor and portable screw air compressor. The company has also manufactured worlds smallest screw air compressor known as ELGI Micro Rotary.
Reciprocating Air Compressors- Under this, EEL manufactures a range of compressors namely horizon series reciprocating air compressors, borewell compressors, ELGIPET air power systems, high pressure / volume reciprocating air compressors, high volume tank mounted compressors, tractor mounted air compressors, high pressure reciprocating air compressor and bare compressor pumps.
Automotive Equipments- Under this the company manufactures equipments for two, three and four wheelers that provides a total service station solutions. Company is engaged in production of automotive equipments such as body shop equipment, service station equipment, wheel servicing equipment, test lanes, pneumatic equipment are among others.
Railway Compressor- ELGI manufactures Railway Compressors and a variety of compressor solutions for railway applications like circuit breakers, engine starting etc. The company manufactures products such as electrical locomotives, diesel locomotives, expressors, auxillary compressor, exhausters, wind Screen wipers and water raising apparatus.
After sales services- ELGI provides after sales services in area of service agreements, monitoring solutions, energy saving products and air solutions.
In 2010 Elgi Equipments has acquired Belair of France, a company engaged in assembly, sales and service of industrial compressors, piping, fittings and accessories.
In 2011 Company has incorporated a wholly owned subsidiary in Australia under the name and style of ELGI EQUIPMENTS AUSTRALIA PTY LTD.-Elgi succeeds in launching the first Oil-free screw air compressor.
2012-The Company has acquired 100% of Rotair S.p.a. The acquisition is through a 100% subsidiary incorporated in Italy, Elgi Compressors Italy.-Elgi Equipmnt - Acquisition of Patton's Inc. in USA by Elgi Equipments Ltd.-Elgi Equipement buys Italian Company.-Elgi launches the compact, silent and energy efficient EN Series screw air compressors."