Elgi Equipments Ltd

Elgi Equipments Ltd

₹ 586 0.04%
26 Dec - close price
About

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]

Key Points

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]

  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
417 409 456 414 448 438 456 399 439 465 540 472 531
349 346 376 360 368 354 360 318 340 363 420 378 416
Operating Profit 68 62 80 54 81 84 96 81 99 102 120 94 114
OPM % 16% 15% 18% 13% 18% 19% 21% 20% 23% 22% 22% 20% 22%
17 9 10 15 26 21 21 18 22 14 14 13 26
Interest 0 1 -0 0 2 2 1 1 1 2 2 1 1
Depreciation 9 9 10 9 10 10 10 9 9 9 9 9 9
Profit before tax 75 62 80 59 96 93 106 89 111 105 123 97 131
Tax % 24% 26% 24% 25% 24% 20% 24% 25% 25% 25% 25% 25% 25%
57 46 61 45 73 75 81 67 83 79 93 73 98
EPS in Rs 1.80 1.44 1.91 1.41 2.30 2.35 2.54 2.12 2.63 2.50 2.92 2.30 3.09
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
31.91% 31.32% 31.32% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19%
24.89% 26.24% 27.00% 28.99% 29.25% 29.09% 29.33% 28.82% 29.02% 29.54% 29.47% 29.40%
6.76% 5.96% 5.93% 4.76% 4.77% 4.87% 4.87% 4.84% 4.92% 4.97% 5.00% 5.04%
36.25% 36.28% 35.56% 34.87% 34.58% 34.67% 34.47% 34.96% 34.70% 34.12% 34.11% 34.17%
0.19% 0.19% 0.19% 0.19% 0.19% 0.17% 0.14% 0.18% 0.16% 0.16% 0.23% 0.17%
No. of Shareholders 40,12346,16444,38652,38248,78647,23649,93458,12656,75455,15054,98863,568

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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