Elgi Equipments Ltd.

NSE: ELGIEQUIP BSE: 522074 SECTOR: Compressors / Pumps  52k   289   33

533.00
+1.90 (0.36%)
NSE: Today, 01:54 PM

Price Summary

Today's High

₹ 538.5

Today's Low

₹ 525.1

52 Week High

₹ 583.8

52 Week Low

₹ 334.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

16891.25 Cr.

Enterprise Value

16772.88 Cr.

No. of Shares

31.69 Cr.

P/E

61.99

P/B

13.82

Face Value

₹ 1

Div. Yield

0.38 %

Book Value (TTM)

₹  38.56

CASH

118.37 Cr.

DEBT

0 Cr.

Promoter Holding

31.19 %

EPS (TTM)

₹  8.6

Sales Growth

43.85%

ROE

21.06 %

ROCE

26.73%

Profit Growth

80.18 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year43.85%
3 Year10.37%
5 Year12.16%

Profit Growth

1 Year80.18%
3 Year30.73%
5 Year22.59%

ROE%

1 Year21.06%
3 Year16.49%
5 Year15.28%

ROCE %

1 Year26.73%
3 Year20.37%
5 Year19.25%

Debt/Equity

0

Price to Cash Flow

161.22

Interest Cover Ratio

93.6780973451327

CFO/PAT (5 Yr. Avg.)

0.770359561747618

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 31.19 0.84
Dec 2022 31.19 0.88
Sep 2022 31.19 0.88
Jun 2022 31.32 0.88
Mar 2022 31.32 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 30.733297205041% for the Past 3 years.
  • The company has significantly decreased its debt by 101.384 Cr.
  • Company has been maintaining healthy ROCE of 20.3658337331531% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 93.6780973451327.
  • Company’s PEG ratio is 0.77316416471158.
  • The company has an efficient Cash Conversion Cycle of 51.2208619504543 days.
  • Company has a healthy liquidity position with current ratio of 2.58290453744018.

 Limitations

  • The company has shown a poor revenue growth of 10.3708198404204% for the Past 3 years.
  • The company is trading at a high PE of 61.99.
  • The company is trading at a high EV/EBITDA of 41.7157.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 456.11 414.15 448.47 437.94 456.07
Total Expenditure 376.05 360.45 367.89 354.21 359.66
Operating Profit 80.06 53.7 80.58 83.73 96.41
Other Income 10.23 15.21 26.24 21.12 20.79
Interest 0 0.39 1.62 1.97 1.47
Depreciation 10.02 9.24 9.67 9.67 9.78
Exceptional Items 0 0 0 0 0
Profit Before Tax 80.28 59.28 95.54 93.22 105.94
Tax 19.64 14.73 22.8 18.65 25.31
Profit After Tax 60.64 44.55 72.74 74.56 80.63
Adjusted EPS (Rs) 1.91 1.41 2.3 2.35 2.54

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 1023.76 1177.08 1081.14 1100.17 1582.59
Total Expenditure 891.65 1035.33 960.97 944.17 1337.45
Operating Profit 132.11 141.75 120.17 156 245.14
Other Income 16.36 16.31 49.43 24.06 45.68
Interest 2.46 3.61 5.16 4.54 2.71
Depreciation 35.66 33.85 36.65 35.33 36.77
Exceptional Items -2.74 0 0 0 0
Profit Before Tax 107.6 120.6 127.79 140.19 251.34
Tax 30.73 35.86 27.37 35.1 61.99
Net Profit 76.87 84.74 100.42 105.09 189.35
Adjusted EPS (Rs.) 2.43 2.67 3.17 3.32 5.97

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 15.85 15.85 15.85 31.69 31.69
Total Reserves 584.12 646.08 694.17 784.03 952.43
Borrowings 0 0 0 0 0
Other N/C liabilities 44.67 45.04 7.44 4.73 1.95
Current liabilities 274.64 259.29 314.66 368.84 333.49
Total Liabilities 919.27 966.25 1032.12 1189.29 1319.56
Assets
Net Block 216.79 214.05 228.33 205.44 193.82
Capital WIP 0.6 5.14 3.6 4.02 6.52
Intangible WIP 0.94 0.58 0 0 0
Investments 155.92 174.61 173.58 177.73 181.38
Loans & Advances 52.65 61.92 71.54 65.5 71
Other N/C Assets 5.65 5.6 5.55 5.5 5.46
Current Assets 486.72 504.36 549.52 731.1 861.38
Total Assets 919.27 966.25 1032.12 1189.29 1319.56
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 107.6 120.6 127.79 140.19 251.34
Adjustment 27.89 31.77 0.91 25.7 12.06
Changes in Assets & Liabilities -72.73 -6.28 -21.66 -30.87 -93.89
Tax Paid -34.95 -38.83 -34.09 -19.14 -64.74
Operating Cash Flow 27.82 107.27 72.96 115.88 104.77
Investing Cash Flow -60.6 -52.74 -70.98 -52.52 5.93
Financing Cash Flow 14.92 -65.41 0.43 -5.23 -129.35
Net Cash Flow -17.86 -10.88 2.41 58.13 -18.65

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 31.32 31.32 31.19 31.19 31.19
dark horse portfol... 16.32 16.32 16.32 - 16.10
dark horse portfol... - - - 16.32 -
dark house portfol... - - - - -
jairam varadaraj 8.72 8.72 8.72 8.72 8.94
elgi ultra industr... 3.84 3.84 3.84 3.84 3.84
elgi ultra industr... - - - - -
m/s. l.g.b.public ... - - - - -
l.g.b. public welf... 0.80 - - - 0.80
lgb public welfare... - - - 0.80 -
m/s. l.g.b. public... - - 0.80 - -
m/s.l.g.b.public w... - 0.80 - - -
lg b public welfar... - - - - -
anvar jay varadaraj 0.61 0.61 0.61 0.61 0.61
varun jay varadaraj 0.60 0.60 0.60 0.60 0.60
maya jay varadaraj 0.60 0.60 0.60 0.60 0.60
elgi rubber compan... 0.21 0.21 0.21 0.21 0.21
elgi rubber compan... - - - - -
sudarsan varadaraj 0.03 0.03 0.03 0.03 0.03
varshini varadaraj 0.03 0.03 0.03 0.03 0.03
uday balaji 0.04 0.04 0.04 0.04 0.04
vanitha mohan 0.04 0.04 0.04 0.04 0.04
harsha varadaraj 0.03 0.03 0.03 0.03 0.03
gayathri balaji 0.01 0.01 0.01 0.01 0.01
t balaji 0.02 0.02 0.02 0.02 -
t. balaji - - - - 0.02
vinay balaji 0.01 0.01 0.01 0.01 0.01
viren mohan 0.01 0.01 0.01 - 0.01
viren balaji - - - 0.01 -
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 68.68 68.68 68.81 68.81 68.81
sbi contra fund 8.82 8.82 8.92 8.92 -
sbi small cap fund - - - - -
sbi emerging busin... - - - - 8.82
pari washington in... - - - - -
pari washington in... 5.53 5.53 - - -
pari washington in... - - - - -
pari washington in... - - 6.02 7.81 -
pari washington in... - - - - 5.53
gagandeep credit c... - - - - 5.15
gagandeep credit c... 5.15 - - - -
gagandeep credit c... - 5.15 - - -
gagandeep credit c... - - 5.15 - -
gagndeep credit ca... - - - 5.15 -
gagandeep credit c... - - - - -
wasatch emerging i... 1.20 1.19 1.16 1.17 -
nalanda india equi... 2.80 2.80 - 2.80 2.80
nalanda india equi... - - 2.80 - -
east sail 2.27 2.27 1.79 - 2.77
first state invest... - - - - -
first state invest... 1.33 - 2.36 - -
wasatch emerging i... 1.20 1.19 1.16 1.17 -
nemish s shah 1.69 1.69 1.69 1.69 1.69
nemish s shah 1.69 1.69 1.69 1.69 1.69
prescient wealth m... - - - 1.68 -
prescient wealth m... - - - - -
first state invest... - - - - -
first state invest... - - - - -
first state invest... - - - - -
president wealth m... - - - - -
fortress advisors ... - - - - -
first state invest... - - - - -
first state invest... - - - 1.33 1.33
first state invest... - - - - -
first state invest... - 1.33 - - -
icici prudential m... 1.27 1.20 1.05 - 1.27
first state invest... - - - 1.10 -
first state invest... - - - - -
hdfc trustee compa... - - - - 1.07
iepf - 0.08 0.08 0.19 -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Elgi Equipments - Quaterly Results19 May 2023, 4:25PM Elgi Equipments - Quaterly Results19 May 2023, 4:25PM Elgi Equipments - Quaterly Results19 May 2023, 4:25PM Elgi Equipments informs about loss of share certificate 18 Apr 2023, 4:28PM Elgi Equipments informs about closure of trading window 28 Mar 2023, 4:00PM Elgi Equipments informs about loss of share certificate20 Mar 2023, 5:59PM Elgi Equipments’ arm acquires 33.33% stake in CS Industrial Services LLC14 Mar 2023, 4:32PM Elgi Equipments’ arm inks pact to acquire 33.33% stake in CS Industrial Services LLC10 Mar 2023, 5:37PM Elgi Equipments informs about issuance of duplicate share certificate6 Mar 2023, 4:32PM Elgi Equipments informs about disclosure3 Mar 2023, 4:12PM Elgi Equipments incorporates wholly owned subsidiary in Vietnam3 Mar 2023, 3:52PM Elgi Equipments informs about analyst meet outcome25 Feb 2023, 1:41PM Elgi Equipments informs about loss of share certificate20 Feb 2023, 3:08PM Elgi Equipments - Quaterly Results3 Feb 2023, 5:24PM Elgi Equipments - Quaterly Results3 Feb 2023, 5:24PM Elgi Equipments - Quaterly Results3 Feb 2023, 5:24PM Elgi Equipments informs about board meeting23 Jan 2023, 5:20PM Elgi Equipments informs about issuance of duplicate share certificate20 Jan 2023, 5:02PM Elgi Equipments sells property of Pattons Inc12 Jan 2023, 11:37AM Elgi Equipments - Quaterly Results4 Nov 2022, 4:39PM Elgi Equipments - Quaterly Results4 Nov 2022, 4:39PM Elgi Equipments - Quaterly Results4 Nov 2022, 4:39PM Elgi Equipments informs about analyst meet28 Oct 2022, 3:29PM Elgi Equipments informs about analyst meet 28 Oct 2022, 1:16PM Elgi Equipment informs about credit rating23 Sep 2022, 3:43PM Elgi Equipments informs about disclosure 20 Sep 2022, 10:51AM Elgi Equipments - Quaterly Results12 Aug 2022, 3:35PM Elgi Equipments - Quaterly Results12 Aug 2022, 3:35PM Elgi Equipments - Quaterly Results12 Aug 2022, 3:35PM Elgi Equipments acquires 6.55% stake in First Energy TN 11 Aug 2022, 12:58PM Elgi Equipments’ arm inks manufacturing agreement with VTEQ29 Jul 2022, 10:30AM Elgi Equipments informs about analyst meet23 Jul 2022, 11:49AM Elgi Equipments informs about compliance certificate7 Jul 2022, 2:58PM Elgi Equipments informs about disclosure20 Jun 2022, 10:14AM Elgi Equipments launches portable air compressors20 May 2022, 9:46AM Elgi Equipments - Quaterly Results13 May 2022, 6:03PM Elgi Equipments - Quaterly Results13 May 2022, 6:03PM Elgi Equipments - Quaterly Results13 May 2022, 6:03PM Elgi Equipments enters into agreement with First Energy to acquire stake in First Energy TN 113 May 2022, 9:22AM Elgi Equipments informs about earnings conference call15 Feb 2022, 12:34PM Elgi Equipments informs about newspaper advertisement11 Feb 2022, 3:06PM Elgi Equipments - Quaterly Results10 Feb 2022, 6:22PM Elgi Equipments - Quaterly Results10 Feb 2022, 6:22PM Elgi Equipments informs about disclosure9 Feb 2022, 10:03AM Elgi Equipments informs about compliances certificate10 Jan 2022, 1:43PM Elgi Equipments informs about clarification on price movement29 Nov 2021, 12:49PM Elgi Equipments informs about transcript of conference call16 Nov 2021, 12:46PM Elgi Equipments informs about retirement of director9 Nov 2021, 3:47PM Elgi Equipments reports 55% rise in Q2 consolidated net profit9 Nov 2021, 12:28PM Elgi Equipments informs about issuance of duplicate share certificate25 Oct 2021, 4:52PM

Elgi Equipments Stock Price Analysis and Quick Research Report. Is Elgi Equipments an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Elgi Equipments has a PE ratio of 61.5259362642475 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Elgi Equipments has ROA of 15.0946569899811 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Elgi Equipments has a Current ratio of 2.58290453744018 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Elgi Equipments has a ROE of 21.0591934265857 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Elgi Equipments has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Elgi Equipments has an Inventory turnover ratio of 10.2048593647232 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Elgi Equipments has reported revenue growth of 43.8495868820273 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Elgi Equipments for the current financial year is 15.4899879311761 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Elgi Equipments is Rs 1.15 and the yield is 0.3799 %.

Brief about Elgi Equipments

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