Elgi Equipments Share Price

    494.7
    +20.85 (4.40%)
    ELGIEQUIP • 02 Sep, 2025 | 03:29 PM
    Buy
    with MTF at2.86xleverage

    1Y Annualised Return

    -33.09%

    3Y Annualised Return

    -0.78%

    5Y Annualised Return

    34.47%

    10Y Annualised Return

    21.76%

    The current prices are delayed, login or Open Demat Account for live prices.

    Elgi Equipments Stock Performance

    1W Return2.36
    1Y Return-29.61
    Today's Low471.6
    Prev. Close473.85
    Mkt Cap (Cr.)15,677.49
    1M Return-11.36
    3Y Return-7.18
    52-Week High752.95
    Open474.00
    PE Ratio43.77
    6M Return15.56
    Today's High503
    52-Week Low401
    Face Value1

    Elgi Equipments Company background

    Founded in: 1960
    Managing director: Jairam Varadaraj.
    Elgi Equipments Limited (EEL) was incorporated on March 14, 1960 as a Private Limited Company. The Company thereafter converted the status into a public limited Company in 1975 and came out with a Public Issue of 75,000 shares. The promoters of the Company include Dr. Jairam Varadaraj, Sudarsan Varadaraj, Anvar Jay Varadaraj, and others. Presently, it is engaged in manufacture, trading of air compressors and providing after sales services. The Company has manufacturing plants in Coimbatore, India. As part of its modernisation plans, the company invested Rs 40 crores in the upgradation and expansion of the manufacturing facilities, especially of compressors. The company was initially manufacturing garage equipment like lowrange reciprocating compressors, carwashing machines and hydraulic lifts, with technical knowhow from Pumpen Fabrik Urach, Germany. Later, in technical collaboration with Landwehr, Germany, the company started manufacturing lubricating equipment. During 200304, the company included three new products namely, Vayu Series Borewell Compressors, 3.5KVA Genset and Electronic Tyre Inflator. In the year 200405, the company commissioned its first Four Centrifugal Compressor and Tank Mounted Screw Compressor.The company has obtained the technology for the manufacture of pasteurising plants from Gobel, Germany screw compressors from Sullair Corporation, the US bottlewashing machines from Krones, Germany and automatic vehicle washing machines from Ceccato, Italy. To strengthen its technologies, the company has tied up with City University, London, and hired consultants to help improve its products and processes. In 19992000, a branch office was established in SriLanka to explore the Sri Lankan market. During 200405, the company entered the petrol or kerosine engine business through an association with Robinson of Japan via their associates in Sri Lanka.In Aug. 2000, Elgi Equipments has entered into technical collaborations with Hitachi to produce Oil Free Air Compressors in India. It has also tied up with Samsung Techwin Co Ltd, an affiliate of the Samsung group, to bring to India their centrifugal compressor Turbo Master. To upgrade automotive equipment and also to manufacture Compressors with higher capacities and pressures the company has launched a joint technology upgradation plan with City University UK. During 200203 the total capital expenditure incurred were Rs.78.12 million and the captial expenditure were funded by way of internal accruals.In the year 2004, the company has entered into a Collaborative Venture with JP Sauer Sohn, Germany to envisage the manufacturing of compressor required for Battle ships. The company made an arrangement with Mahindra Mahindra for supplying the engines for their gensets in 200405.During the financial year ended 31 March 2014, Elgi Equipments incurred Capital Expenditure of Rs 917.23 million, of which Rs 584.30 million pertained to plant and machinery through internal accruals. During the year under review, the companys new foundry commenced commercial production. This backward integration was done primarily to improve the quality of the companys products. This has been achieved in significant measure besides the added benefit of having a lower cost source for castings.In spite of uncertain market conditions in the domestic market during the year, the company retained its market share and pushed ahead in some segments. In the international market, the companys new range of products was well received in all markets and able to make a mark in a very short time. This has been particularly observed in the European and American markets. On the other hand, the company faced significant challenges in creating a robust distribution channel in Asian markets. In spite of this, some significant milestones were achieved, the most important being the creation of multiple reference installations for oil free screw compressors.During the year under review, in spite of extreme sluggishness in the automotive sector, Elgi Equipments subsidiary ATS Elgi Limited sustained its market share throughout the year. During the financial year ended 31 March 2015, Elgi Equipments manufacturing facility at the new site became fully operational. This has been achieved with little disturbance to regular production and at least cost.Elgi Equipments continued to perform well in the Middle East and African markets, especially with smart growth in industrial compressors.Consequent to Elgi Equipments decision to restructure its China (Shanghai and Zhejiang) operations by closing down Elgi Compressors Trading (Shanghai) Co Limited and continue to carry on trading operations in Elgi Compressors Zhejiang Limited, the company has written down the value of the investments, advances and receivables relating to Chinese operations to an extent of Rs. 551.76 million, accounting it as an exceptional item to the Statement of Profit and Loss for the financial year ended 31 March 2016.The companys business operations were severely affected in China due to the economic slowdown and hence the company took a decision to restructure the operations in order to minimize losses and approach the market in a focused manner by supplying products that meet the local market requirements.During the year under review, Elgi Equipments acquired Ergo Design Private Limited, an independent industrial design studio. Ergo Design Private Limited caters to the needs of Elgi Equipments to a large extent. The acquisition was done in order that the company has better control over the Intellectual Property rights created by Ergo Design Private Limited using the companys inputs. During the year under review, Elgi Equipments products continued to be well received by distributors and customers in international markets especially in USA, Europe and the Middle East. The high cost of operations in the companys French operations combined with the countrys restrictive labour practices made it clear that profitability of Elgi Equipments wholly owned subsidiary in France Belair SAS is a challenge. The company took a hard decision to handover Belair SAS to the French judicial system for legal redressal. The company had acquired Belair SAS in February 2010 and since then has invested over Euro 6.8 Million to build the business.During the financial year ended 31 March 2017, consequent to Elgi Equipments decision to restructure its China operations, Elgi Compressors (Zhejiang) Limited has deregistered its manufacturing license. The company had promoted and invested in Elgi Compressors (Shanghai) Co. Ltd (ECS) as a trading entity, based on local advice at that time that the manufacturing entity, namely Elgi Equipments (Zhejiang) Limited could not carry on trading activities. The company had reexamined the matter in the eve of restructuring China operations on the basis of legal advice, it was confirmed that Elgi Equipments (Zhejiang) Limited could itself engage in trading activities. Therefore, as part of the restructuring process, the Board of Directors thought it prudent to wind down ECS. In pursuance thereof, select employees of ECS numbering six personnel were transferred to Elgi Equipments (Zhejiang) Limited. Other employees of ECS were let go after following legal procedures. Formalities have been completed at the EXIM office and ECS cannot engage in trading activities now. A clearance is pending from the tax bureau but this does not preclude ECS from proceeding with further action for further winding up. ECS will now apply for filing with the Statutory Authority (Minhang BOC) along with necessary particulars as soon as possible to start the windingup process officially.Belair SAS, France, previously the wholly owned subsidiary of Elgi Equipments was handed over to the French Judicial System for legal redressal on 26 April 2016, considering the cost structure and business operations which was challenging for the company for some time. Attempts on finding solution to the problems were not successful. A situation arose where Belair was unable to even meet the routine financial commitments to run its business operations smoothly. Belair was also unable to service its debts to the company. Therefore, it was decided to seek protective action before appropriate Commercial Court in Annecy, France. The Court appointed an administrator on 28 April 2016. Belair is no longer under the control of Elgi Equipments and is under legal redress as per the French laws. By a judgement and order dated 1 June 2016 and subject to the conditions mentioned therein, the Commercial Court of Annecey ordered assignment of Belairs AIRBEL business to AIRMAX HOLDING and pronounced the judicial liquidation of SAS Belair.During the year under review, Elgi Equipments incorporated a Limited Liability Partnership in the name of Industrial Air Solutions LLP. Elgi Equipments is a partner with Mr. Rajeev Sharma, an exemployee of the company who holds equal shares along with the company. The LLP will be a model distribution entity to handle Sales and Service of Elgi Compressors for the areas of Coimbatore and Tiruppur by showcasing some of the best business practices to help build a strong brand and improve market share in these areas.During the financial year ended 31 March 2018, Elgi Equipments continued to gain share in North America where its machines are fast gaining reputation for reliability and energy efficiency.For leveraging information technology, various digital and automation initiatives were implemented during the year in collaboration with the business functions. The company was one of the early adopters of ERP (Enterprise Resource Planning) system and during the year the company successfully completed implementation of upgrade to Infor, LN ERP Software.During the year 201920, Company acquired Michigan Air Solutions, LLC, an independent compressor distributor in the USA and Companys European expansion plan gained full traction.During the year 201920, ELGi Sauers Engineering Support Team Coimbatore (ESTC) was established to provide exclusive engineering support to the parent Company, SauerGermany, and its global subsidiaries. It is fully operational now. ELGi Sauer also commenced construction of a new factory in the outskirts of Coimbatore.In FY 2021, the Company launched ELGis oilfree AB series screw technology throughout Europe thereby helping their customers in the total cost of ownership, improved reliability, and a reduction of their environmental impact.During the year 2021, the Company acquired F. R. Pulford Son Pty Ltd, an independent distributor, (Pulford Air Gas), a Sydney based distribution company for industrial Compressors and air products.During FY 2022, Company invested in Michigan Air Solutions (MAS), distribution business by setting up a new location for Detroit operations. It grew sales at Pattons, distribution business covering North Carolina, South Carolina, Georgia, Virginia, and Alabama. It invested in leadership, sales, and service talent with improving business structural profitability for expanding sales and market share.During 202223, Elgi Compressors Vietnam LLC, a wholly owned subsidiary of the Company was incorporated. CS Industrial Services LLC, USA, a joint venture company was formed by Elgi Compressors USA Inc., a wholly owned subsidiary of the Company. In FY 23, the Company launched Digital Innovation DOJO ELGis digital transformation strategy based on the premise of Experiment, Start Small Scale Fast.The Company launched Project Everest to gain market share in 2024. In FY 2025, Company started construction of the Portable Compressors line Global Support Center (aftermarket) at the Kinathukadavu . It established Dryer manufacturing plant. Launched dry and oil lube rotary vane vacuum pumps for the Indian market in partnership with DVP Vacuum Technology, Italy. The Air Station (compressortankdryer) concept from 215 kW was launched for all regions during the year 2025. It launched EG75160 Super Premium range of machines launched an Integrated Heat Recovery system for better energy management launched the OF 90160 kW with an integrated heat recovery system and an outdoor protection kit. Launched the PG850290 model for Water well and mining applications.

    Elgi Equipments Financial Highlights


    Elgi Equipments reported a Q1 FY 2025-26 revenue of ₹866.7 crore, up 9.0% YoY, with net profit increased 12.4% to ₹82.6 crore. For the full year FY2025–2026, revenue reached ₹3568.1 crore and profit touched at ₹344.7 crore. As of Jun '25, Elgi Equipments’s market capitalisation stood at ₹15,677.49 crores. Shareholding as of Jun '25 shows promoters holding 31.2%, with FIIs at 27.6%, DIIs at 5.2%, and public at 35.6%.

    As of 02 Sep, 2025, Elgi Equipments share price is ₹494.7. The stock opened at ₹474 and had closed at ₹473.8 the previous day. During today’s trading session, Elgi Equipments share price moved between ₹471.60 and ₹503.00, with an average price for the day of ₹487.30. Over the last 52 weeks, the stock has recorded a low of ₹401.00 and a high of ₹752.95. In terms of performance, Elgi Equipments share price has increased by 15.6% over the past six months and has declined by 33.09% over the last year.
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    Elgi Equipments SIP Return Calculator

    Over the past

    1 year
    3 years
    5 years
    Total Investment of ₹65,00,000
    Would have become ₹55,29,923 (-14.92%)
    Daily SIP of 25,000 would have become 55,29,923 in 1 year with a gain of -9,70,076 (-14.92%)
    View details of Market Depth

    Elgi Equipments Fundamental

    Market Cap (in crs)

    15,677.49

    Face Value

    1

    Turnover (in lacs)

    4,251.13

    Key Metrics

    Qtr Change %
    34.30% Fall from 52W High
    -7.6
    Dividend yield 1yr %
    Below industry Median
    0.4

    Elgi Equipments Key Financials

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    Elgi Equipments Quarterly Revenue
    Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
    866.7 Cr
    992.9 Cr
    847.59 Cr
    868.86 Cr
    801.06 Cr
    Elgi Equipments Yearly Revenue
    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
    3568.1 Cr
    3272.75 Cr
    3107.91 Cr
    2579.68 Cr
    1947.55 Cr
    1842.61 Cr
    Elgi Equipments Quarterly Net Profit/Loss
    Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
    82.6 Cr
    100.9 Cr
    78.56 Cr
    92.48 Cr
    72.71 Cr
    Elgi Equipments Yearly Net Profit/Loss
    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
    344.7 Cr
    306.7 Cr
    368.33 Cr
    177.11 Cr
    101.07 Cr
    41.33 Cr

    Elgi Equipments Result Highlights

    • 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.

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    Data Source: BSE, Company announcements

    The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results.

    Elgi Equipments Shareholding Pattern

    Promoter
    31.2%
    Foreign Institutions
    27.6%
    Mutual Funds
    3.6%
    Domestic Institutions
    5.2%
    Public
    35.6%
    Promoter
    31.2%
    Foreign Institutions
    29.1%
    Mutual Funds
    3.5%
    Domestic Institutions
    5%
    Public
    34.4%
    Promoter
    31.2%
    Foreign Institutions
    29.4%
    Mutual Funds
    3.5%
    Domestic Institutions
    5.1%
    Public
    34.2%
    Promoter
    31.2%
    Foreign Institutions
    29.4%
    Mutual Funds
    3.5%
    Domestic Institutions
    5%
    Public
    34.2%
    Promoter
    31.2%
    Foreign Institutions
    29.5%
    Mutual Funds
    3.4%
    Domestic Institutions
    5%
    Public
    34.1%
    Promoter
    31.2%
    Foreign Institutions
    29.5%
    Mutual Funds
    3.4%
    Domestic Institutions
    5%
    Public
    34.1%

    Elgi Equipments Technical Analysis

    Moving Averages Analysis
    494.7
    Current Price
    Bullish Moving Averages
    4
    Bearish Moving Averages
    12
    5Day EMA
    485.80
    10Day EMA
    492.00
    12Day EMA
    495.00
    20Day EMA
    505.60
    26Day EMA
    511.10
    50Day EMA
    519.00
    100Day EMA
    520.00
    200Day EMA
    534.00
    5Day SMA
    481.70
    10Day SMA
    492.40
    20Day SMA
    508.80
    30Day SMA
    528.20
    50Day SMA
    533.10
    100Day SMA
    507.90
    150Day SMA
    502.20
    200Day SMA
    523.80
    Delivery & Volume
    Loading chart...

    Delivery & Volume

    PeriodCombined Delivery VolumeNSE+BSE Traded Volume
    Day Rs
    203056 Rs
    893151 Rs
    Week Rs
    244745 Rs
    489875 Rs
    Month Rs
    171648 Rs
    380383 Rs
    489.77
    Pivot
    Resistance
    First Resistance
    507.93
    Second Resistance
    521.17
    Third Resistance
    539.33
    Support
    First Support
    476.53
    Second support
    458.37
    Third Support
    445.13
    Relative Strength Index
    42.54
    Money Flow Index
    48.48
    MACD
    -16.18
    MACD Signal
    -14.08
    Average True Range
    17.01
    Average Directional Index
    31.20
    Rate of Change (21)
    -12.96
    Rate of Change (125)
    9.22
    Name
    Holding Percent
    Sbi Small Cap Fund
    3.21
    Pari Washington India Master Fund, Ltd.
    6.78
    Nalanda India Equity Fund Limited
    2.66
    St. James's Place Emerging Markets Equity Unit Trust Managed By Wasatch Advisors Inc
    2.09
    First Sentier Investors Icvc - Stewart Investors Indian Subcontinent All Cap Fund
    1.51
    Wasatch Emerging India Fund
    1.37
    First Sentier Investors Icvc - Stewart Investors Asia Pacific And Japan All Cap Fund
    1.02
    Foreign Institutional Investors
    0.77
    Pari Washington Investment Fund
    1.47

    Elgi Equipments Latest News

    26 AUG 2025 | Tuesday

    Elgi Equipments Ltd - 522074 - Announcement under Regulation 30 (LODR)-Credit Rating

    26 AUG 2025 | Tuesday

    Elgi Equipments Ltd - 522074 - Announcement under Regulation 30 (LODR)-Credit Rating

    26 AUG 2025 | Tuesday

    Elgi Equipments Ltd - 522074 - Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011.

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    Elgi Equipments Share Price FAQs

    Elgi Equipments share price is ₹494.7 in NSE and ₹495.45 in BSE as on 2/9/2025.

    Elgi Equipments share price in the past 1-year return was -29.61. The Elgi Equipments share hit a 1-year low of Rs. 401 and a 1-year high of Rs. 752.95.

    The market cap of Elgi Equipments is Rs. 15677.49 Cr. as of 2/9/2025.

    The PE ratios of Elgi Equipments is 43.77 as of 2/9/2025.

    The PB ratios of Elgi Equipments is 9.09 as of 2/9/2025

    The Mutual Fund Shareholding in Elgi Equipments was 3.63% at the end of 2/9/2025.

    You can easily buy Elgi Equipments shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

    The 52-week high and low of Elgi Equipments share price is ₹752.95 and ₹401 as of 2/9/2025.

    The earnings per share (EPS) of Elgi Equipments stood at 2.7 during Q1 FY 2025-26.

    Please be aware that Elgi Equipments stock prices are subject to continuous fluctuations due to various factors.

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