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    Elgi Equipments Limited

    Coimbatore-based manufacturer of air compressors and automotive garage equipment, sold in 120+ countries.

    Capital Goods
    Industrials
    View ELGIEQUIP earnings calls
    ₹581.7
    +0.27% from avg

    Overview

    Price

    ₹581.7

    Market Cap

    ₹18.3k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1632323232323232
    Reserves7538381.0k1.3k1.6k1.8k2.0k2.2k
    Borrowings448465436577638577528533
    Other Liabilities334430491531558594641773
    Total Liabilities1.6k1.8k2.0k2.5k2.8k3.0k3.2k3.5k
    AssetsFixed Assets600572553587587592636699
    CWIP4473105377136
    Investments12243137418195165
    Other Assets9351.2k1.4k1.9k2.2k2.3k2.4k2.5k
    Total Assets1.6k1.8k2.0k2.5k2.8k3.0k3.2k3.5k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating1723524069166285391454
    Cash from Investing-107-152-1102-217-101-283-98
    Cash from Financing-6091-48-8160-79-217-312
    SummaryCapital Expenditure
    Free Cash Flow120-621144109243298348
    FCF Margin

    Valuation

    Assumptions

    Current — ELGIEQUIP
    Price
    ₹582
    EPS (TTM)
    ₹12.34
    PE (TTM)
    47.2
    Profit growth
    14.7%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (55.8×) and current (47.2×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹582
    vs
    Fair value · 15% return
    ₹506
    13%Overvalued

    At 14.7% growth and a 47× exit, ₹582 only delivers your return if you pay ₹506. The price is currently baking in 18% growth.

    EPS grows 14.7%/yr for 5 years, then fades to 6% over 2, exits at 47×.

    YearGrowthEPS (₹)
    FY2714.7%14.15
    FY2814.7%16.23
    FY2914.7%18.62
    FY3014.7%21.36
    FY3114.7%24.50
    FY3210.3% ·fade27.03
    FY336.0% ·fade28.66

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Elgi Equipments Limited

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