Elgi Equipments' Q1 FY 2025-26 Quarterly Results

Result Summary

• Elgi Equipments Ltd reported a 0.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.8%.
• Its expenses for the quarter were up by 0.2% QoQ and 8.0% YoY.
• The net profit increased 12.3% QoQ and increased 17.5% YoY.
• The earnings per share (EPS) of Elgi Equipments Ltd stood at 2.7 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Elgi Equipments Ltd is a renowned player in the industrial machinery sector, primarily known for its comprehensive range of air compressors. The company operates in a competitive industry and continues to strengthen its position through innovation and customer-centric solutions. Elgi Equipments' product portfolio includes oil-free and oil-lubricated compressors, which are widely used in various industries, including manufacturing, construction, and agriculture. The company has a global footprint with operations in several countries and has been investing in expanding its market presence. Recent major developments for the company are not explicitly available within the provided data.

Revenue

During the first quarter of the fiscal year 2026 (Q1FY26), Elgi Equipments Ltd reported a total income of ₹886.40 crores. This represents a quarter-over-quarter (QoQ) increase of 0.7% from ₹880.54 crores in Q4FY25 and a year-over-year (YoY) rise of 8.8% compared to ₹814.61 crores in Q1FY25. The increase in revenue indicates a consistent growth trajectory for the company over the past year. The YoY growth shows a strong upward trend in total income, signifying enhanced performance compared to the same quarter in the previous fiscal year.

Profitability

In Q1FY26, Elgi Equipments Ltd achieved a profit before tax (PBT) of ₹114.70 crores, marking a 4.0% QoQ increase from ₹110.24 crores in Q4FY25 and a substantial 14.8% YoY rise from ₹99.87 crores in Q1FY25. The company's profit after tax (PAT) for Q1FY26 was ₹85.60 crores, which reflects a significant QoQ increase of 12.3% from ₹76.24 crores in Q4FY25 and a 17.5% YoY increase from ₹72.84 crores in Q1FY25. The tax expense for the quarter was ₹32.10 crores, showing a decrease of 5.2% QoQ, but an 18.2% increase YoY. Earnings per share (EPS) also rose to ₹2.70 from ₹2.40 in the previous quarter, representing a 12.5% QoQ increase, and a 17.4% rise from ₹2.30 in Q1FY25.

Operating Metrics

The total expenses for Elgi Equipments Ltd in Q1FY26 amounted to ₹771.70 crores. This marks a slight QoQ increase of 0.2% from ₹770.30 crores in Q4FY25, and an 8.0% YoY rise from ₹714.74 crores in Q1FY25. The consistent increase in expenses aligns with the revenue growth, maintaining the operational scale required for sustained performance. The increase in total expenses indicates operational scaling to support growth in revenue. The company's operational efficiency can be further inferred by the increase in profitability metrics despite rising expenses. The overall financial performance demonstrates effective cost management and revenue generation strategies that align with the company's growth objectives.