Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Elgi Equipments

₹635.1 7 | 1.1%

Market Cap ₹20127 Cr.

Stock P/E 49.6

P/B 13

Current Price ₹635.1

Book Value ₹ 48.7

Face Value 1

52W High ₹714.5

Dividend Yield 0.31%

52W Low ₹ 428.7

Elgi Equipments Research see more...

Overview Inc. Year: 1960Industry: Compressors / Pumps

Elgi Equipments Ltd is an India-based enterprise, that is engaged in manufacturing and trading of air compressors. The Company's section consists of Air compressors and Automotive equipments. It gives a number of compressors, which incorporates piston compressor, oil free compressor, high pressure compressor, diesel engine compressor, portable compressor, screw air compressor and air compressor accessories. Its diesel portable compressor products encompass skid established compressors 475 to 1500 cfm, skid hooked up compressors 475 to 1500 cubic ft according to minute (cfm) and trolley set up air compressor. Its piston compressor products encompass single and two stage business piston compressors and single level belt pressure piston compressors. Its oil free compressor merchandise encompass oil free air-cooled compressor and two-level water cooled 90 to 450 kw (kilowatt). Its electric transportable compressor merchandise consist of electric powered trolley installed compressor.

Read More..

Elgi Equipments Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Elgi Equipments Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 652 656 728 694 739 772 836 724 806 822
Other Income 17 11 15 12 15 18 23 18 12 11
Total Income 669 666 743 706 753 790 859 741 818 833
Total Expenditure 572 582 621 616 626 658 708 635 663 692
Operating Profit 97 85 121 90 127 133 150 106 154 141
Interest 3 3 2 3 5 6 5 5 7 8
Depreciation 18 18 20 19 20 20 19 19 19 19
Exceptional Income / Expenses 0 0 0 0 0 0 105 0 0 0
Profit Before Tax 76 64 99 68 103 106 231 83 129 113
Provision for Tax 25 22 27 22 32 25 61 25 39 30
Profit After Tax 51 42 72 46 70 81 170 58 90 82
Adjustments 1 -0 1 2 2 -1 -0 3 1 2
Profit After Adjustments 52 42 73 49 72 80 170 60 91 84
Adjusted Earnings Per Share 1.6 1.3 2.3 1.5 2.3 2.5 5.4 1.9 2.9 2.6

Elgi Equipments Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 1145 1350 1314 1401 1370 1605 1863 1829 1924 2525 3041 3188
Other Income 16 9 10 9 12 11 10 13 23 55 67 64
Total Income 1161 1360 1324 1410 1382 1617 1873 1843 1948 2580 3108 3251
Total Expenditure 1043 1249 1225 1274 1229 1428 1670 1692 1707 2229 2604 2698
Operating Profit 118 110 100 136 153 189 203 151 241 351 504 551
Interest 7 12 17 14 9 7 11 17 15 15 24 25
Depreciation 18 26 37 44 45 44 51 65 74 74 78 76
Exceptional Income / Expenses 0 0 22 -4 0 -3 0 0 0 0 105 105
Profit Before Tax 93 72 68 75 100 137 144 70 153 263 510 556
Provision for Tax 33 27 20 24 26 41 40 27 50 85 140 155
Profit After Tax 60 46 48 51 74 95 103 43 102 178 371 400
Adjustments 0 0 0 0 0 0 0 0 0 0 0 6
Profit After Adjustments 60 46 48 51 74 95 103 43 102 178 371 405
Adjusted Earnings Per Share 1.9 1.4 1.5 1.6 2.3 3 3.3 1.3 3.2 5.6 11.7 12.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 20% 18% 14% 10%
Operating Profit CAGR 44% 49% 22% 16%
PAT CAGR 108% 105% 31% 20%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 42% 43% 38% 29%
ROE Average 31% 21% 16% 14%
ROCE Average 33% 22% 18% 15%

Elgi Equipments Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 434 464 493 546 607 689 771 769 870 1033 1371
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 220 215 169 139 97 60 76 103 81 58 22
Other Non-Current Liabilities 18 16 21 13 11 7 7 37 53 51 57
Total Current Liabilities 382 470 473 408 393 496 521 630 749 806 1021
Total Liabilities 1054 1164 1156 1106 1108 1253 1375 1539 1752 1947 2470
Fixed Assets 297 391 454 462 437 424 488 583 555 536 583
Other Non-Current Assets 123 125 31 24 33 51 63 59 64 77 64
Total Current Assets 633 648 671 620 638 778 824 897 1111 1310 1824
Total Assets 1054 1164 1156 1106 1108 1253 1375 1539 1752 1947 2470

Elgi Equipments Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 148 73 69 62 73 82 65 70 46 127 116
Cash Flow from Operating Activities -71 97 78 126 126 47 172 35 240 69 166
Cash Flow from Investing Activities -259 -122 -17 -15 -39 -53 -107 -152 -110 2 -217
Cash Flow from Financing Activities 254 20 -52 -100 -77 -10 -60 91 -48 -81 60
Net Cash Inflow / Outflow -75 -4 10 11 9 -17 5 -25 82 -11 8
Closing Cash & Cash Equivalent 73 69 78 73 82 65 70 46 128 116 125

Elgi Equipments Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 1.9 1.44 1.52 1.61 2.34 3.01 3.25 1.34 3.23 5.63 11.7
CEPS(Rs) 2.47 2.27 2.67 2.98 3.74 4.39 4.87 3.4 5.58 7.98 14.15
DPS(Rs) 1 1 1 1 1 1.2 1.3 1.65 0.8 1.15 2
Book NAV/Share(Rs) 13.68 14.63 15.57 17.24 19.15 21.74 24.33 24.27 27.44 32.54 43.21
Core EBITDA Margin(%) 8.41 7.19 6.58 8.65 9.79 10.94 10.4 7.52 11.29 11.73 14.38
EBIT Margin(%) 8.25 5.98 6.27 6.09 7.63 8.87 8.29 4.74 8.72 11.01 17.58
Pre Tax Margin(%) 7.69 5.15 5.02 5.14 6.99 8.42 7.7 3.8 7.94 10.42 16.78
PAT Margin (%) 4.97 3.23 3.53 3.47 5.15 5.87 5.53 2.33 5.33 7.07 12.19
Cash Profit Margin (%) 6.48 5.1 6.22 6.45 8.25 8.57 8.27 5.89 9.19 10.02 14.75
ROA(%) 7.19 4.11 4.15 4.5 6.69 8.07 7.84 2.92 6.23 9.65 16.79
ROE(%) 14.48 10.15 10.05 9.8 12.83 14.71 14.12 5.53 12.51 18.77 30.89
ROCE(%) 17.71 11.06 10.29 10.44 12.85 15.88 15.73 7.96 13.74 20.82 32.59
Receivable days 53.75 60.57 65.21 61.88 62.87 65.89 69.57 71.2 70.81 63.01 61.37
Inventory Days 53.36 62.98 69.54 61.23 57.32 56.22 54.09 62.06 65.08 59.69 65.15
Payable days 66.74 75.54 77.47 72.67 82.17 77.47 81.41 84.75 88.37 81.71 75.28
PER(x) 19.75 36.02 48.1 40.32 46.38 42.36 37.58 41.65 58.81 49.65 37.57
Price/Book(x) 2.74 3.54 4.69 3.76 5.66 5.86 5.02 2.31 6.93 8.59 10.17
Dividend Yield(%) 1.33 0.97 0.68 0.77 0.46 0.47 0.53 1.47 0.42 0.41 0.45
EV/Net Sales(x) 1.23 1.41 1.98 1.62 2.61 2.61 2.15 1.14 3.2 3.57 4.63
EV/Core EBITDA(x) 11.88 17.29 26.11 16.73 23.4 22.2 19.67 13.87 25.61 25.66 27.93
Net Sales Growth(%) 15.41 17.99 -2.68 6.59 -2.19 17.17 16.08 -1.83 5.17 31.22 20.44
EBIT Growth(%) -11.8 -15.73 1.52 4.51 24.7 31.15 7.3 -43.81 93.25 65.74 92.28
PAT Growth(%) -20.35 -24.33 5.61 5.89 49 28.76 8.17 -58.7 140.76 74.1 107.82
EPS Growth(%) -20.35 -24.33 5.61 5.89 45.29 28.76 8.17 -58.7 140.74 74.1 107.82
Debt/Equity(x) 0.66 0.73 0.74 0.56 0.41 0.39 0.31 0.53 0.46 0.36 0.37
Current Ratio(x) 1.66 1.38 1.42 1.52 1.62 1.57 1.58 1.42 1.48 1.63 1.79
Quick Ratio(x) 1.05 0.84 0.86 0.97 1.05 1.02 1.05 0.88 1.03 1.03 1.2
Interest Cover(x) 14.66 7.2 5.01 6.4 11.77 19.52 14.09 5.04 11.2 18.6 22.14
Total Debt/Mcap(x) 0.24 0.21 0.16 0.15 0.07 0.07 0.06 0.23 0.07 0.04 0.04

Elgi Equipments Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 31.91 31.32 31.32 31.19 31.19 31.19 31.19 31.19 31.19 31.19
FII 24.89 26.24 27 28.07 28.33 28.18 28.41 27.89 28.09 28.59
DII 6.77 5.96 5.93 4.77 5.7 5.79 5.79 5.77 5.86 5.93
Public 36.44 36.47 35.75 35.97 34.78 34.84 34.6 35.15 34.86 34.28
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 31% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 21%
  • Debtor days have improved from 81.71 to 75.28days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 31.19%.
  • Stock is trading at 13 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.

Elgi Equipments News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....