Elgi Equipments Ltd
Incorporated in 1960, Elgi Equipments Limited along with its subsidiaries, is in the business of manufacturing and supplying Air Compressors
** & Automotive Equipments**. It is also providing related after sales services [1]
- Market Cap ₹ 18,565 Cr.
- Current Price ₹ 586
- High / Low ₹ 799 / 524
- Stock P/E 54.2
- Book Value ₹ 50.1
- Dividend Yield 0.34 %
- ROCE 29.7 %
- ROE 23.7 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 30.4% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.7%
Cons
- Stock is trading at 11.7 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Compressors / Drilling Equipment
Part of BSE 250 SmallCap Index Nifty Smallcap 250 Nifty Total Market BSE Capital Goods BSE SmallCap Select Index
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
804 | 828 | 776 | 866 | 892 | 1,022 | 1,177 | 1,081 | 1,100 | 1,583 | 1,757 | 1,843 | 2,008 | |
704 | 706 | 686 | 753 | 779 | 890 | 1,035 | 961 | 944 | 1,337 | 1,441 | 1,441 | 1,578 | |
Operating Profit | 100 | 122 | 90 | 112 | 113 | 132 | 142 | 120 | 156 | 245 | 316 | 402 | 430 |
OPM % | 12% | 15% | 12% | 13% | 13% | 13% | 12% | 11% | 14% | 15% | 18% | 22% | 21% |
13 | 6 | 12 | -42 | 14 | 14 | 16 | 49 | 24 | 46 | 83 | 68 | 68 | |
Interest | 2 | 1 | 5 | 4 | 2 | 2 | 4 | 5 | 5 | 3 | 7 | 7 | 6 |
Depreciation | 14 | 18 | 29 | 37 | 37 | 36 | 34 | 37 | 35 | 37 | 38 | 36 | 37 |
Profit before tax | 97 | 109 | 69 | 29 | 88 | 108 | 121 | 128 | 140 | 251 | 354 | 428 | 456 |
Tax % | 27% | 28% | 19% | 68% | 23% | 29% | 30% | 21% | 25% | 25% | 23% | 25% | |
71 | 78 | 56 | 9 | 68 | 77 | 85 | 100 | 105 | 189 | 272 | 322 | 343 | |
EPS in Rs | 2.25 | 2.47 | 1.76 | 0.30 | 2.16 | 2.43 | 2.67 | 3.17 | 3.32 | 5.97 | 8.60 | 10.17 | 10.81 |
Dividend Payout % | 22% | 20% | 28% | 169% | 23% | 25% | 24% | 26% | 24% | 19% | 23% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 9% |
3 Years: | 19% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 30% |
3 Years: | 45% |
TTM: | 12% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 36% |
3 Years: | 27% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 20% |
3 Years: | 23% |
Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 32 | 32 | 32 | 32 | 32 |
Reserves | 420 | 480 | 517 | 472 | 525 | 584 | 646 | 694 | 784 | 952 | 1,190 | 1,438 | 1,557 |
20 | 92 | 113 | 64 | 48 | 85 | 42 | 102 | 104 | 2 | 93 | 112 | 24 | |
195 | 207 | 184 | 180 | 177 | 199 | 224 | 190 | 250 | 275 | 267 | 321 | 296 | |
Total Liabilities | 651 | 796 | 830 | 731 | 766 | 884 | 928 | 1,001 | 1,170 | 1,262 | 1,582 | 1,902 | 1,908 |
94 | 157 | 258 | 257 | 244 | 222 | 220 | 234 | 211 | 199 | 216 | 210 | 213 | |
CWIP | 75 | 85 | 6 | 1 | 0 | 2 | 6 | 4 | 4 | 7 | 3 | 9 | 13 |
Investments | 85 | 87 | 118 | 124 | 138 | 156 | 175 | 174 | 178 | 181 | 184 | 190 | 198 |
397 | 467 | 448 | 350 | 384 | 504 | 528 | 590 | 777 | 874 | 1,180 | 1,493 | 1,483 | |
Total Assets | 651 | 796 | 830 | 731 | 766 | 884 | 928 | 1,001 | 1,170 | 1,262 | 1,582 | 1,902 | 1,908 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 40 | 79 | 135 | 87 | 28 | 107 | 73 | 116 | 105 | 235 | 255 | |
-89 | -95 | -74 | -46 | -38 | -61 | -53 | -71 | -53 | 6 | -287 | -91 | |
1 | 53 | -4 | -71 | -35 | 15 | -65 | 0 | -5 | -129 | 49 | -69 | |
Net Cash Flow | -86 | -2 | 1 | 19 | 15 | -18 | -11 | 2 | 58 | -19 | -3 | 95 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 68 | 79 | 78 | 67 | 65 | 90 | 89 | 86 | 110 | 98 | 92 | 101 |
Inventory Days | 75 | 78 | 91 | 71 | 71 | 72 | 59 | 76 | 79 | 66 | 62 | 70 |
Days Payable | 82 | 90 | 81 | 85 | 80 | 86 | 87 | 76 | 103 | 74 | 61 | 80 |
Cash Conversion Cycle | 60 | 67 | 89 | 53 | 56 | 77 | 61 | 87 | 86 | 90 | 93 | 90 |
Working Capital Days | 72 | 99 | 119 | 44 | 65 | 84 | 73 | 96 | 101 | 85 | 83 | 88 |
ROCE % | 23% | 21% | 12% | 15% | 16% | 18% | 18% | 18% | 17% | 26% | 30% | 30% |
Documents
Announcements
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
7h - Intimation of loss of share certificates and stop transfer.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 16 Dec
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
16 Dec - Meeting with institutional investors conducted by Elgi Equipments.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
12 Dec - Meeting with institutional investors conducted.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Dec - Schedule of the physical analyst con-call to be held on 16th December 2024.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Concalls
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Nov 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT REC
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Feb 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptPPTREC
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May 2023TranscriptPPTREC
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Feb 2023Transcript PPT
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
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May 2022TranscriptPPT
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Mar 2022Transcript PPT
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Feb 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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May 2021TranscriptPPT
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Feb 2021Transcript PPT
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Nov 2020TranscriptPPT
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Apr 2020TranscriptPPT
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Feb 2020TranscriptNotesPPT
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Jan 2020TranscriptPPT
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Feb 2019Transcript PPT
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Feb 2018Transcript PPT
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Feb 2017TranscriptNotesPPT
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Feb 2016TranscriptPPT
Product Offerings
Co. manufactures a wide range of oil-lubricated and oil-free air compressors including Screw Compressors, Piston Compressors, Rotary Screw Compressors, Reciprocating Compressors and Centrifugal Compressors. It also offers diesel-powered Portable Screw Compressors, Railway Air Compressors, Heat Recovery Systems, Medical Air Compressors, Dryers, Air Receiver Tank and other Air Accessories.[1]