ELGI Equipments Limited (ELGIEQUIP) AI Stock Analysis

• Market Cap: ₹164.22B
• Dividend Yield: 0.44%
• Average Volume (3M): 104.58K
• Price to Earnings (P/E): 45.1
• Beta (1Y): 1.13
• Revenue Growth: 8.53%
• EPS Growth: 11.95%
• Country: IN
• Employees: 2,172
• Sector: Industrials
• Sector Strength: 84
• Industry: Industrial - Machinery
• EPS (TTM): 2.70
• Shares Outstanding: 316,909,030
• 10 Day Avg. Volume: 27,369
• 30 Day Avg. Volume: 104,578
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹577.00
• Price Target Upside: 15.39% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: ₹577.00 ▲(15.39% Upside)

ELGI Equipments Limited's strong financial performance is the most significant factor supporting its stock score, reflecting robust revenue growth and sound financial management. However, the technical analysis suggests caution due to bearish trends and weak momentum. The high P/E ratio and low dividend yield further weigh on the valuation, indicating potential overvaluation. Overall, while the company's financial health is strong, market conditions and valuation metrics suggest a cautious approach.

ELGI Equipments Limited Business Overview & Revenue Model

Company Description

ELGI Equipments Limited (ELGIEQUIP) is a global leader in the design and manufacture of air compressors and related products. Headquartered in India, the company serves various industries, including manufacturing, pharmaceuticals, textiles, and construction, providing innovative and reliable compressed air solutions. ELGI's product portfolio includes oil-lubricated and oil-free compressors, portable compressors, and accessories, catering to diverse industrial applications around the world.

How the Company Makes Money

ELGI Equipments Limited generates revenue primarily through the sale of its air compressor products and related accessories. The company offers a wide range of compressors, which are sold to industries requiring compressed air solutions for their operations. Additionally, ELGI provides aftermarket services, including maintenance and spare parts, which contribute to its revenue stream. The company leverages its global distribution network and strategic partnerships to expand its market reach and enhance its sales channels. Furthermore, ELGI invests in research and development to innovate and improve its product offerings, thereby maintaining a competitive edge and supporting its revenue growth.

ELGI Equipments Limited Financial Statement Overview

Summary

ELGI Equipments Limited exhibits strong financial performance with steady revenue and profit growth, supported by efficient operations and robust cash flows. The balance sheet is strong, reflecting sound financial management and a stable capital structure.

Income Statement

ELGI Equipments Limited has demonstrated strong revenue growth over recent years, with a substantial increase in gross profit and net income. The EBIT and EBITDA margins have shown improvement, indicating efficient operations and cost management. The gross profit margin is robust, highlighting effective control over production costs, while the net profit margin suggests healthy bottom-line performance.

Balance Sheet

The company's balance sheet reflects a solid equity position, with a favorable equity ratio indicating financial stability. The debt-to-equity ratio is moderate, suggesting a balanced approach to leveraging. Return on equity has improved, showing effective use of shareholder funds to generate profits. Overall, the balance sheet suggests a stable financial structure with manageable risk.

Cash Flow

The cash flow statements show consistent growth in operating cash flow, underscoring strong cash generation capabilities. Free cash flow has been positive, supporting ongoing investments and financial flexibility. The operating cash flow to net income ratio is healthy, indicating effective conversion of income into cash. Overall, cash flows present a positive outlook with potential for sustaining future growth.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	35.10B	32.18B	30.41B	25.08B	19.24B
Gross Profit	10.34B	16.13B	15.07B	11.29B	8.82B
EBITDA	5.83B	5.46B	6.10B	3.49B	2.41B
Net Income	3.50B	3.12B	3.71B	1.78B	1.02B
Balance Sheet
Total Assets	30.41B	28.21B	25.02B	19.65B	17.67B
Cash, Cash Equivalents and Short-Term Investments	9.10B	7.39B	5.83B	2.55B	2.83B
Total Debt	5.77B	6.38B	5.77B	4.36B	4.64B
Total Liabilities	11.76B	12.10B	11.30B	9.32B	8.97B
Stockholders Equity	18.66B	16.11B	13.71B	10.33B	8.70B
Cash Flow
Free Cash Flow	3.13B	2.46B	969.11M	280.26M	2.09B
Operating Cash Flow	4.08B	2.95B	1.66B	685.62M	2.40B
Investing Cash Flow	-3.31B	-1.39B	-2.17B	19.03M	-1.10B
Financing Cash Flow	-1.85B	-519.37M	598.20M	-812.10M	-482.19M

ELGI Equipments Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 500.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ELGIEQUIP, the sentiment is Negative. The current price of 500.05 is below the 20-day moving average (MA) of 551.16, below the 50-day MA of 539.94, and below the 200-day MA of 530.60, indicating a bearish trend. The MACD of -7.22 indicates Positive momentum. The RSI at 34.94 is Neutral, neither overbought nor oversold. The STOCH value of 9.50 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ELGIEQUIP.

ELGI Equipments Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	CHF4.10B	20.34	14.43%	2.43%	-2.63%	-70.91%
ELGIEQUIP	66 Neutral	₹164.22B	45.15		0.44%	8.53%	11.95%
INGERRAND	66 Neutral	₹113.73B	42.97		2.22%	11.03%	20.30%
KIRLPNU	66 Neutral	₹85.20B	40.38		0.79%	21.46%	47.96%
ISGEC	60 Neutral	₹76.86B	30.84		0.38%	3.30%	2.27%
TRITURBINE	60 Neutral	₹164.09B	47.86		0.63%	9.94%	18.47%
KSB	59 Neutral	₹137.68B	53.61		0.50%	10.55%	17.96%