Analyst Rating
based on 4 analysts
50.00%
Buy
0.00%
Hold
50.00%
Sell
Based on 4 analysts offering long term price targets for Elgi Equipments Ltd. An average target of ₹699.25
Source: S&P Global Market Intelligence
Elgi Equipments Ltd Share analysis
Elgi Equipments Ltd price forecast by 4 analysts
Downside of
High
₹835
Target
₹699.25
Low
₹497
Elgi Equipments Ltd target price ₹699.25, a slight downside of -1.72% compared to current price of ₹711.5. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Elgi Equipments Ltd revenue growth forecast
Expected growth rate Q1, FY2026:29.10%
Forecast
Actual
Including amortisation and stock based compensations
Elgi Equipments Ltd EPS growth forecast
EPS estimate Q1, FY2026:46.75%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹703₹718.9552 Week's Low
52 Week's High
₹466.8₹798.95
| Returns % | |
| 1 Month Return | + 11.15 % |
| 3 Month Return | + 18.66 % |
| 1 Year Return | + 43.32 % |
| Market Stats | |
| Previous Close | ₹707.75 |
| Open | ₹708.00 |
| Volume | 1.80L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹22,429.24Cr |
Key Statistics
| P/E Ratio | 69.41 |
| PEG Ratio | -37.73 |
| Market Cap | ₹22,429.24 Cr |
| P/B Ratio | 12.97 |
| EPS | 9.84 |
| Dividend Yield | 0.33 |
| Sector | Capital Goods-Non Electrical Equipment |
| ROE | 23.94 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹22,429.24 Cr | 93.16% | 0.54 | ₹311 Cr | ₹3,217 Cr | |
| BUY | ₹21,784.68 Cr | 55.76% | 0.50 | ₹504 Cr | ₹4,481 Cr | |
| BUY | ₹40,478.70 Cr | 172.18% | 0.53 | ₹580 Cr | ₹8,104 Cr | |
| NA | ₹6,576.49 Cr | 211.03% | 0.65 | -₹51 Cr | ₹1,369 Cr | |
| HOLD | ₹19,023.82 Cr | 40.49% | 0.54 | ₹473 Cr | ₹4,317 Cr |
Mutual Fund Holdings
Company Information
Elgi Equipments Ltd offers a wide range of air compressor solutions for industrial, commercial and residential applications. The company's lines of business include air compressors, air dryers, air receivers, air accessories, air filters, lubricants and other related products. Elgi Equipments Ltd also manufactures and markets a range of popular brands such as Elgi Ultra, Elgi Ultra Pro, Elgi Ultra Compressors, Elgi Ultra Dryers and Elgi Ultra Air Accessories.
Elgi Equipments Ltd's top products include oil-free screw air compressors, oil-lubricated reciprocating air compressors, rotary screw air compressors, air dryers, air receivers, air filters and air accessories. The company also offers a wide range of after-sales services such as installation, maintenance, repair and other related services.
Share Price: ₹711.50 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹22,429.24Cr as of today
Revenue: ₹801.06Cr as on June 2024 (Q2 24)
Net Profit: ₹72.84Cr as on June 2024 (Q2 24)
Listing date: 14 Jun, 1995
| Organisation | Elgi Equipments Ltd |
| Headquarters | |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
Key events for Elgi Equipments Ltd
Elgi Equipments Reports Strong YoY Growth in Q1 Results - 01 Aug, 2024
Elgi Equipments reports strong YoY growth in Q1 with an increase of 10.66% in topline and 20.44% in profit. However, there was a decline in revenue and profit compared to the previous quarter. The EPS increased by 20.42% YoY. Elgi Equipments has delivered positive returns over different periods.
Elgi Equipments Sees Rise in Share Price, Volume Spurt - 23 Jul, 2024
Elgi Equipments' share price rises as volumes increase by over 100 times average daily volume. Al Mehwar Commercial Investments LLC also divests its stake in the company.
Elgi Equipments Launches Development Program & Sees Stock Price Surge - 05 Jul, 2024
Elgi Equipments partners with GlobalGyan Leadership Academy to enhance leadership and strategic capabilities of its managerial team. Meanwhile, Elgi's stock price has surged by 30% in the last month but its high P/E ratio may deter investors.
Insights on Elgi Equipments Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 1 month, ELGIEQUIP stock has moved up by 11.2%
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, ELGIEQUIP has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 3.44% to 3.45% in Jun 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 31.19% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Thermax Ltd has given 52.2% return, outperforming this stock by 8.8%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 34.13% to 34.11% in Jun 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 880.54 Cr → 814.75 Cr (in ₹), with an average decrease of 7.5% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 91.29 Cr → 72.84 Cr (in ₹), with an average decrease of 7.2% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 29.54% to 29.47% in Jun 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 31.19% | 0.00 | |
| Foreign Institutions | 29.47% | ||
| Mutual Funds | 3.45% | 0.23 | |
| Retail Investors | 34.11% | ||
| Others | 1.79% | 5.26 |
Key Indicators
Elgi Equipments Ltd Valuation
Elgi Equipments Ltd in the last 5 years
Lowest (27.76x)
March 30, 2020
Today (69.41x)
September 6, 2024
Industry (69.56x)
September 6, 2024
Highest (475.09x)
September 21, 2020
Earnings and Dividends
Elgi Equipments Ltd Earnings Results
Elgi Equipments Ltd’s net profit jumped 20.44% since last year same period to ₹72.84Cr in the Q1 2024-2025. On a quarterly growth basis, Elgi Equipments Ltd has generated -4.46% fall in its net profits since last 3-months.
Read More about Earnings ResultsElgi Equipments Ltd Dividends May,2024
In the quarter ending March 2024, Elgi Equipments Ltd has declared dividend of ₹2 - translating a dividend yield of 0.28%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Elgi Equipments Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
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Elgi Equipments Ltd (ELGIEQUIP) share price today is ₹711.5
Elgi Equipments Ltd is listed on NSE
Elgi Equipments Ltd is listed on BSE
- Today’s highest price of Elgi Equipments Ltd is ₹718.95.
- Today’s lowest price of Elgi Equipments Ltd is ₹703.
PE Ratio of Elgi Equipments Ltd is 69.41
PE ratio = Elgi Equipments Ltd Market price per share / Elgi Equipments Ltd Earnings per share
Today’s traded volume of Elgi Equipments Ltd(ELGIEQUIP) is 1.80L.
Today’s market capitalisation of Elgi Equipments Ltd(ELGIEQUIP) is ₹22429.24Cr.
| Elgi Equipments Ltd(ELGIEQUIP | Price |
|---|---|
52 Week High | ₹798.95 |
52 Week Low | ₹466.8 |
Elgi Equipments Ltd(ELGIEQUIP) share price is ₹711.5. It is down -10.95% from its 52 Week High price of ₹798.95
Elgi Equipments Ltd(ELGIEQUIP) share price is ₹711.5. It is up 52.42% from its 52 Week Low price of ₹466.8
| Elgi Equipments Ltd(ELGIEQUIP | Returns |
|---|---|
1 Day Returns | 3.75% |
1 Month Returns | 11.15% |
3 Month Returns | 18.66% |
1 Year Returns | 43.32% |