Elgi Equipments logo

Elgi Equipments share price

NSE: ELGIEQUIPBSE: 522074Industrial ProductsSmall Cap

Last close ₹512.85down ₹21.15 (3.96%)BSE ₹511.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹534.00.

52-week range of traded prices to 23 Oct 2026
₹408.25Low, 21 Jan 2026₹653.40High, 7 Sep 2026
Market cap
₹16,253 Cr395th largest listed
P/E
36.3
P/B
7.3
Dividend yield
0.53%
ROE
21.9%
ROCE
19.8%
Debt to equity
0.18
Volume, NSE
2,83,50445.3% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+9.0%over a year

ResultsDividend20-session average 2,36,600 shares a day, 48.3% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹1,062 Crdown 4.53%
Net profit
₹103 Crdown 19.30%
Net margin
9.7%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

₹ croreSep 2024Filed 11 NovDec 2024Filed 10 FebMar 2025Filed 16 JunJun 2025Filed 12 AugSep 2025Filed 12 NovDec 2025Filed 11 FebMar 2026Filed 27 MayJun 2026Filed 13 Aug
Revenue8698489938679681,0031,1131,062
Net profit95811028612195128103
Net margin10.9%9.5%10.3%9.9%12.5%9.5%11.5%9.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Air Compressors₹3,613 Crup 16.12%91.4%
  • Automotive equipment₹339 Crup 12.31%8.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 8% of 1,985 trading days over the last 10 years.

LowestHighest
Its median47.1Industry median36.5
Price to book

At or below today's level on 31% of 1,975 trading days since Nov 2018.

LowestHighest
Its median8.5Industry median4.8
EV to EBITDA26.0

At or below today's level on 23% of 1,975 trading days since Nov 2018.

LowestHighest
Its median32.6Industry median20.9
Dividend yield

At or below today's level on 88% of 2,463 trading days over the last 10 years.

LowestHighest
Its median0.41%Industry median0.54%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−2.4%+23.1%−21.2%0.6%
3 years+2.6%+5.2%−2.9%0.5%
5 years+20.1%+24.2%−3.7%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters31.19%
  • Foreign institutions20.20%
  • Indian institutions11.47%
  • Individuals and others36.66%
  • Employee trusts0.48%
Holder
Dark Horse Portfolio Investment Private LimitedPromoter20.10%
Jairam VaradarajPromoter8.91%
Gagandeep Credit Capital Pvt LtdCompanies4.64%
Nalanda India Equity Fund LimitedForeign portfolio investors, category I2.64%
Pari Washington India Master Fund, LtdForeign portfolio investors, category I2.52%
Nemish S ShahResident individuals, over ₹2 lakh at face value1.69%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

79 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 52 of the 57 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
2
Added
19
Cut
38
Held unchanged
19
Sold out
2
Fund
SBI Mutual Fund logoSBI Small Cap FundSBI Mutual Fund1,00,00,0001.48%₹608.9 Cr
SBI Mutual Fund logoSBI Multicap FundSBI Mutual Fund80,00,0002.08%₹487.1 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund21,93,8880.17%₹133.6 Cr
Mirae Asset Mutual Fund logoMirae Asset Multicap FundMirae Asset Mutual Fund16,01,1091.81%₹97.5 Cr
Mirae Asset Mutual Fund logoMirae Asset Small Cap FundMirae Asset Mutual Fund10,64,3271.11%₹64.8 Cr
Nippon India Mutual Fund logoNippon India Power & Infra FundNippon India Mutual Fund10,58,3950.82%₹64.4 Cr
SBI Mutual Fund logoSBI Infrastructure FundSBI Mutual Fund10,00,0001.30%₹60.9 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Small Cap FundICICI Prudential Mutual Fund7,50,1520.47%₹45.7 Cr
Mahindra Manulife Mutual Fund logoMahindra Manulife Focused FundMahindra Manulife Mutual Fund7,23,0002.28%₹44.0 Cr
SBI Mutual Fund logoSBI Balanced Hybrid FundSBI Mutual Fund4,00,0001.23%₹24.4 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Compressors Pumps & Diesel Engines, 16 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Elgi Equipments in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Cummins India logoCummins IndiaCUMMINSIND1,20,42150.914.245.6+15.3%+10.6%29.5%28.1%1.52%
Kirloskar Oil Engines logoKirloskar Oil EnginesKIRLOSENG25,97148.17.221.6+22.7%+14.4%16.1%13.6%0.39%
Kirloskar Brothers logoKirloskar BrothersKIRLOSBROS12,68634.05.122.7+5.0%–16.4%16.7%0.44%
Ingersoll Rand (India) logoIngersoll Rand (India)INGERRAND11,92944.619.433.7+8.3%+1.1%43.7%54.1%1.98%
Ksb logoKsbKSB11,86548.37.033.7+4.6%−4.4%15.2%16.9%0.65%
Kirloskar Pneumatic Company logoKirloskar Pneumatic CompanyKIRLPNU7,59928.96.120.3––22.4%26.6%1.03%
Shakti Pumps (India) logoShakti Pumps (India)SHAKTIPUMP4,77122.52.812.7+14.1%−48.5%14.8%15.1%0.26%
Greaves Cotton logoGreaves CottonGREAVESCOT4,27542.83.016.9+21.2%+23.0%7.0%7.0%1.09%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹2.70 a share, year to Mar 2026.
Ex-dateTypePer share
17 Jul 2026Final₹2.70
18 Jul 2025Final₹2.20
24 Jul 2024Final₹2.00
28 Jul 2023Final₹2.00
4 Aug 2022Final₹1.15
23 Jul 2021Final₹0.80
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Elgi Equipments share price by year

Each calendar year to 2025.Elgi Equipments share price history

YearClose at year endChangeHighest closeLowest close
2025473.75−18.3%593.55402.20
2024579.80+6.5%769.20532.80
2023544.55+29.8%583.20361.40
2022419.50+40.3%559.70257.50
2021299.10+95.5%320.40151.55
2020153.00+19.0%162.4551.40
2019128.55−1.6%151.75118.55
2018130.63−15.5%168.20114.05
2017154.55+69.6%157.6389.75
201691.10+40.5%99.6860.08
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026529.00530.00504.80512.85512.772,83,50445.3%
22 Oct 2026524.10541.95519.95534.00532.122,30,04441.8%
21 Oct 2026542.00545.00518.25526.10526.872,75,34858.5%
19 Oct 2026570.55572.00542.10544.35553.572,60,37351.5%
16 Oct 2026571.00578.00561.55572.20570.801,43,46741.1%
15 Oct 2026574.35578.45566.50571.60572.971,69,96354.1%
14 Oct 2026585.00586.00572.10574.35576.062,04,15441.5%
13 Oct 2026577.00590.00568.10587.50580.182,17,16537.7%
12 Oct 2026583.15586.60575.00576.70580.151,48,01943.8%
9 Oct 2026579.00585.75568.00583.15578.391,88,58842.5%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
24 Sep 2020Bonus0.5000Holders received 1 bonus share for every 1 held.
14 Dec 2010Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Elgi Equipments

ELGi Equipments Limited makes and sells air compressors, which are machines that compress air for use in industry. It reports two segments: air compressors and automotive equipment. Its compressor range includes oil-lubricated, oil-free and portable compressors, and it serves industrial, construction and mining, water well, railway and medical customers.

In India, its plants are in Coimbatore, Tamil Nadu. They include a foundry plant, a motor division at Arasur and a pressure vessel division. The company has 26 subsidiaries and 6 joint ventures or associate entities. Elgi Compressors USA Inc. is headquartered in Charlotte, North Carolina, and is engaged in the distribution and servicing of compressors in the United States. Elgi Compressors Europe S.R.L. is headquartered in Belgium and serves as the regional holding and coordination entity for Europe. Elgi Compressors Italy S.R.L., headquartered in Rome, owns Rotair S.p.A., which manufactures portable air compressors for construction, industrial and agricultural applications. Industrial Air Compressors Pty Ltd serves the Australian market. ELGi Gulf FZE, headquartered in Sharjah, trades in and distributes compressors across the Middle East and Africa. A subsidiary in Brazil distributes compressors and related parts to industrial customers.

It was incorporated in 1960. Its executive director, Anvar Jay Varadaraj, who is also its Chief Operating Officer, is a member of the ELGi promoter group. A promoter is the person or group that set up a company or controls it.

Legal name
Elgi Equipments Limited
NSE symbol
ELGIEQUIP
BSE code
522074
ISIN
INE285A01027
Industry
Industrial Products
Listed
Sep 1988 on BSE, Nov 1995 on NSE
Face value
₹1
CIN
L29120TZ1960PLC000351
Corporate identity number, the registrar of companies' code for it

Earlier listing: Elgi Equipments partly paid (BSE 890080), delisted.