What is Elgi Equipments Ltd (ELGIEQUIP) share price return in the past 10 years?

Elgi Equipments Ltd share price has appreciated 21.9% annually (CAGR) over the past ten years.

What is the share price of Elgi Equipments Ltd (ELGIEQUIP)?

Company share prices are keep on changing according to the market conditions. The current trading price of Elgi Equipments Ltd (ELGIEQUIP) on 24-Jun-2026 16:59:59 at 16:59 is 609.85.

What is the P/E ratio of Elgi Equipments?

The latest standalone P/E ratio of Elgi Equipments as of 24-Jun-2026 is 55.97.

What is the P/B ratio of Elgi Equipments Ltd (ELGIEQUIP)?

The latest standalone P/B ratio of Elgi Equipments Ltd (ELGIEQUIP) as of 24-Jun-2026 is 9.73.

What is the 52-week high and low of Elgi Equipments Ltd (ELGIEQUIP)?

The 52-week high of Elgi Equipments Ltd (ELGIEQUIP) is Rs. 634.00 and the 52-week low is Rs. 408.95.

Elgi Equipments Ltd (ELGIEQUIP) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Elgi Equipments Ltd (ELGIEQUIP)
Brand: Elgi Equipments

Elgi Equipments Ltd (ELGIEQUIP)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522074 NSE: ELGIEQUIP Compressors / Pumps | Small Cap | Elgi Equipments Share Price

Elgi Equipments Ltd (ELGIEQUIP)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522074 NSE: ELGIEQUIP Compressors / Pumps | Small Cap | Elgi Equipments Share Price

Key Metrics

Valuation Multiples

Market Cap

₹19,327 Cr.

Current Price

₹609.9

52-Week Low / High

₹409 / 634

TTM EPS

₹10.9

TTM Sales

₹2,343 Cr.

Book Value per Share

₹62.7

P/E Ratio

55.97

In line with its 5-year historical median

Industry PE

50.2

Price to Book (P/B)

9.73

Lower than its 5-year historical median

Price to Sales (P/S)

8.25

In line with its 5-year historical median

EV/EBITDA

36.17

In line with its 5-year historical median

Dividend Yield

0.36%

Profitability Efficiency

Return on Equity (ROE)

21.97%

Outperforms industry median

Return on Capital Employed (ROCE)

28.50%

Outperforms industry median

Return on Assets (ROA)

16.71%

Operating Profit Margin

21%

Net Profit Margin

16.82%

Gross Profit Margin

24.2%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

12.88%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

8.78%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

8.66%

Asset Quality

Promoter Holding

31.19%

Pledged shares (%) of Promoter's holding (%)

0.88%

Reserves

₹1,955 Cr.

Equity

₹31.7 Cr.

Face Value

₹1

All Time Low / High

₹1.06 / 799.00

Elgi Equipments stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is Elgi Equipments Ltd a good quality company?

Elgi Equipments Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Elgi Equipments Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Elgi Equipments Ltd vs industry peers?

Elgi Equipments Ltd revenue CAGR is 13.99%, compared to the industry median CAGR of 14.24%, indicating stable growth and maintaining its market share.

Q.1 Promoter shareholding and pledge status of Elgi Equipments Ltd?

Promoters hold 31.19% of the Elgi Equipments Ltd, with 0.88% of their stake pledged, indicating low pledge risk.

Q.1 Stock return of Elgi Equipments Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 21.7% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	5.6%	15.9%	17.3%	17.9%	17.6%	16.8%	26.7%	31.4%	30.1%	28.5%	-
Value Creation Index ⓘ	-0.6	0.1	0.2	0.3	0.3	0.2	1.0	1.3	1.7	1.1	-
Growth Parameters ⓘ
Sales ⓘ	866	892	1,024	1,177	1,081	1,100	1,583	1,757	1,843	2,081	2,343
Sales YoY Gr.	-	3%	14.8%	15%	-8.2%	1.8%	43.9%	11%	4.9%	12.9%	-
Adj EPS ⓘ	1.6	2.2	2.5	2.7	3.1	3.2	5.5	7.9	10	11	10.9
YoY Gr.	-	40%	16.1%	8.3%	12.1%	2.9%	75.6%	42.1%	27.1%	10.3%	-
BVPS (₹) ⓘ	15.4	17.1	18.9	20.9	22.4	25.7	31	38.5	46.3	54.3	62.7
Adj Net Profit ⓘ	49	68.8	79.7	86.5	96.9	99.8	175	249	317	349	345
Cash Flow from Ops. ⓘ	135	86.9	27.8	107	73	116	105	235	255	339	-
Debt/CF from Ops. ⓘ	0.5	0.6	3.1	0.4	1.3	0.9	0	0.4	0.4	0	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	10.2%	14%	9.6%	12.9%
Adj EPS ⓘ	24.4%	29.2%	25.8%	10.3%
BVPSⓘ	15%	19.4%	20.5%	17.3%
Share Price	21.9%	23.6%	4.1%	14.3%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	9.6	13.4	14	13.7	14.1	13.1	19.5	22.6	23.5	21.9	18.6
Op. Profit Mgn % ⓘ	13.2	12.7	13.2	12.3	11.1	14.2	15.5	18	21.8	21	18.5
Net Profit Mgn % ⓘ	5.7	7.7	7.8	7.4	9	9.1	11.1	14.2	17.2	16.8	14.7
Debt to Equity ⓘ	0.1	0.1	0.1	0.1	0.1	0.1	0	0.1	0.1	0	0
Working Cap Days ⓘ	146	127	145	154	184	201	167	189	194	169	117
Cash Conv. Cycle ⓘ	57	44	58	63	76	82	72	79	79	71	87

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	866	892	1,024	1,177	1,081	1,100	1,583	1,757	1,843	2,081
Operating Expenses ⓘ +	754	779	892	1,035	961	944	1,337	1,441	1,441	1,644
Manufacturing Costs	61	62	65	84	80	91	140	152	134	159
Material Costs	504	518	600	692	624	639	949	988	978	1,099
Employee Cost	106	118	138	156	163	156	170	193	212	232
Other Costs ⓘ	83	81	88	103	94	58	78	108	117	154
Operating Profit ⓘ	112	113	132	142	120	156	245	316	402	437
Operating Profit Margin (%)	12.9%	12.7%	12.9%	12.0%	11.1%	14.2%	15.5%	18.0%	21.8%	21.0%
Other Income ⓘ +	14	14	16	16	49	24	46	83	69	70
Exceptional Items ⓘ	-55	0	-3	0	0	0	0	0	0	0
Interest ⓘ	4	2	2	4	5	5	3	7	7	3
Depreciation ⓘ	37	37	36	34	37	35	37	38	36	36
Profit Before Tax ⓘ	29	88	108	121	128	140	251	354	428	468
Tax ⓘ	20	20	31	36	27	35	62	81	106	118
Profit After Tax	9	68	77	85	100	105	189	272	322	350
PAT Margin (%)	1.1%	7.7%	7.5%	7.2%	9.3%	9.6%	12.0%	15.5%	17.5%	16.8%
Adjusted EPS (₹)	0.3	2.2	2.4	2.7	3.2	3.3	6.0	8.6	10.2	11.0
Dividend Payout Ratio (%)	168.70%	23.20%	24.70%	24.30%	26%	24.10%	19.30%	23.30%	19.70%	19.90%

Valuation of Elgi Equipments - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	488	541	600	662	710	815	983	1,220	1,466	1,720
Share Capital ⓘ	16	16	16	16	16	32	32	32	32	32
Reserves ⓘ	472	525	584	646	694	784	951	1,189	1,435	1,689
Debt +	64	48	85	42	98	101	0	90	110	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	64	48	85	42	98	101	0	90	110	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	117	114	141	164	129	180	192	166	216	210
Others Liabilities ⓘ	63	80	93	98	95	92	145	186	216	251
Total Liabilities ⓘ	731	783	919	966	1,032	1,189	1,320	1,663	2,008	2,181
Fixed Assets
Net Fixed Assets ⓘ +	257	239	217	214	228	205	194	210	204	208
Gross Block	293	310	321	352	403	417	442	495	523	561
Accumulated Depreciation	36	71	104	138	174	211	248	285	319	354
CWIP ⓘ	1	0	2	6	4	4	7	3	9	51
Investments ⓘ	118	138	156	175	174	178	181	184	190	231
Inventories	98	100	119	112	130	139	172	167	186	214
Trade Receivables	160	159	253	286	256	330	424	444	499	460
Cash Equivalents	38	54	61	52	45	160	118	255	643	720
Others Assets ⓘ	60	93	112	122	196	173	223	400	275	298
Total Assets ⓘ	731	783	919	966	1,032	1,189	1,320	1,663	2,008	2,181

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	135	87	28	107	73	116	105	235	255	339
PBT ⓘ	29	88	108	121	128	140	251	354	428	468
Adjustment ⓘ	97	28	28	32	1	26	12	-9	-11	-23
Changes in Working Capital ⓘ	30	-13	-73	-6	-22	-31	-94	-19	-38	10
Tax Paid ⓘ	-20	-16	-35	-39	-34	-19	-65	-91	-125	-117
Cash Flow From Investing Activity ⓘ +	-46	-38	-61	-53	-71	-53	6	-287	-91	-244
Capex	-17	-19	-21	-38	-35	-16	-25	-36	-32	-81
Net Investments	3	-1	-25	-2	-23	-58	14	-285	-107	-224
Others ⓘ	-32	-17	-14	-12	-12	21	18	35	48	61
Cash Flow From Financing Activity ⓘ +	-71	-35	15	-65	0	-5	-129	49	-69	-208
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	1	3	8
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-3	-2	-2	-2	-4	-4	-2	-5	-5	-3
Dividend Paid ⓘ	-16	-16	-16	-19	-46	-0	-25	-36	-63	-63
Others ⓘ	-52	-18	32	-44	51	-1	-102	89	-4	-150
Net Cash Flow ⓘ	19	15	-18	-11	2	58	-19	-3	95	-114

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	1.84	13.29	13.48	13.43	14.64	13.78	21.06	24.74	23.99	21.97
ROCE (%)	5.59	15.85	17.27	17.88	17.59	16.78	26.73	31.42	30.06	28.5
Asset Turnover Ratio	1.18	1.25	1.22	1.25	1.08	0.99	1.26	1.18	1	0.99
PAT to CFO Conversion(x)	15	1.28	0.36	1.26	0.73	1.1	0.56	0.86	0.79	0.97
Working Capital Days
Receivable Days	64.60	61.40	72.50	83.60	91.50	97.20	87	90.20	93.30	84.20
Inventory Days	41.80	38.10	38.50	35.80	40.90	44.60	35.80	35.20	35	35.10
Payable Days	71.30	81.30	77.40	80.40	85.80	88.50	71.60	66.10	71.20	70.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.81

0.67

0.88

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Elgi Equipments Ltd FAQs

The current trading price of Elgi Equipments on 24-Jun-2026 16:59 is ₹609.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Jun-2026 the market cap of Elgi Equipments stood at ₹19,326.7 Cr

The latest P/E ratio of Elgi Equipments as of 23-Jun-2026 is 55.97.

The latest P/B ratio of Elgi Equipments as of 23-Jun-2026 is 9.73.

The 52-week high of Elgi Equipments is ₹634.0 and the 52-week low is ₹408.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Elgi Equipments is ₹2,343 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Elgi Equipments Ltd is a good quality company.

The key valuation ratios of Elgi Equipments Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Elgi Equipments Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Elgi Equipments Ltd

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 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.

Important events

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."

Elgi Equipments Ltd (ELGIEQUIP)

Elgi Equipments Ltd (ELGIEQUIP)

Elgi Equipments stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Elgi Equipments - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Elgi Equipments Ltd FAQs

About Elgi Equipments Ltd

About MoneyWorks4Me

Our Vision

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Elgi Equipments Ltd (ELGIEQUIP)

Elgi Equipments Ltd (ELGIEQUIP)

Elgi Equipments stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Elgi Equipments - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Elgi Equipments Ltd FAQs

What is the share price of Elgi Equipments?

What is the market cap of Elgi Equipments?

What is the P/E ratio of Elgi Equipments?

What is the P/B ratio of Elgi Equipments?

What is the 52-week high and low of Elgi Equipments?

What is the TTM revenue of Elgi Equipments?

Is Elgi Equipments Ltd a good quality company?

Is Elgi Equipments Ltd undervalued or overvalued?

Is Elgi Equipments Ltd a good buy now?

About Elgi Equipments Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.